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Cryptonews

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Greed Returns to Crypto as Analysts Call for Bull Run Into ‘Uncharted Territory’

  • Bitcoin approaches US$70k, marking a 10.68% increase this week.
  • Dogecoin emerges as the top performer with a 30% weekly surge.
  • Crypto Fear & Greed Index reaches the highest level in October, indicating a greed-driven market.
  • Analysts believe Bitcoin may enter uncharted territory driven by retail and institutional interest.

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Newsbtc

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As Bitcoin Climbs, Can XRP Price Catch The Wave?

  • XRP price is consolidating above the $0.5380 zone.
  • There was a break above a connecting bearish trend line with resistance at $0.5420.
  • The price might face resistance near the $0.550 level or the 50% Fib retracement level.
  • If XRP fails to clear the $0.5550 resistance zone, it could start another decline.

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Newsbtc

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XRP Could Skyrocket Over 4,000%, Analyst Forecasts Price Hitting $27

  • An analyst predicts that XRP could see significant price increases, with price targets of $6.40 and $27.
  • The forecast is based on historical price actions and backed by technical analysis and liquidity assessments.
  • The XRP community remains resilient and optimistic about the long-term potential of the cryptocurrency.
  • There is a call for better cryptocurrency regulations to drive XRP acceptance and prepare for practical adoption.

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Zycrypto

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XRP Braces for Billions In Inflows As Ripple CEO Cites Opportunity in $159 Billion Stablecoin Market

  • Ripple CEO Brad Garlinghouse sees an opportunity in the stablecoin market, citing the company's usage and liquidity contributions.
  • Garlinghouse believes there is potential for Ripple to play in the market and drive further growth.
  • He emphasizes the importance of regulatory compliance and hopes for stablecoin regulation in the near future.
  • Garlinghouse expresses his support for XRP ETF applications and expects more institutional funds to enter the XRP ecosystem.

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Crypto-News-Flash

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Could XRP See a Bullish Run Like in 2017? Analyst Weigh In

  • Crypto analyst predicts a bullish breakout for XRP based on confirmed RSI trends and a 7-year Pennant Pattern.
  • Mixed sentiments among XRP enthusiasts as doubts about its future emerge.
  • XRP currently trading at $0.5416, consolidating over the last seven days.
  • Grayscale seeks to convert its Digital Large Cap Fund, which includes XRP, into a spot ETF.

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Newsbtc

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Crypto Analyst Sets 3 Major Targets For XRP Price, Going As High As 4,800% Return

  • Renowned crypto analyst predicts three major price targets for XRP in the bull cycle.
  • XRP faces resistance levels at $0.6450, $0.85, and $1.1 within Channel B.
  • Support levels for XRP are at $0.48, $0.38, and $0.28.
  • Bullish price targets for XRP are $7.5, $13, and $27 if it closes monthly candle inside Channel B.

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Zycrypto

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Pro-Ripple Lawyer John Deaton Defends XRP in Heated Debate with Senator Warren

  • Pro-Ripple lawyer John Deaton defended XRP during a debate with Senator Elizabeth Warren.
  • Deaton sued the SEC on behalf of small retail investors and helped establish the legality of XRP.
  • He claimed that his actions led to a $1M crypto donation to Kamala Harris's campaign.
  • Senator Warren emphasized the need for fair rules and consumer protection in the crypto industry.

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Zycrypto

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Ripple’s XRP Breaking Out to $7.5 XRP Price Target In Less Than 70 Days? Pundits Anticipate Fresh Rocket

  • XRP has been trading in a tight consolidation pattern between $0.52 and $0.56, with moderate volume.
  • The bullish sentiment among XRP holders has increased, potentially due to recent developments and spot XRP ETF filings.
  • Analyst Egrag Crypto predicts a potential breakout within 15 to 30 days, with a maximum timeframe of 70 days, targeting $0.61-$0.62.
  • Longer-term projections indicate XRP may reach $7.50 post-breakout, depending on maintaining support levels and navigating regulatory challenges.

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Bitcoinsensus

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Ripple Unveils RLUSD Stablecoin for Business Use

  • Ripple has launched RLUSD, a stablecoin designed for enterprise use and pegged to the U.S. dollar.
  • RLUSD will be available on major exchanges such as Bitstamp, Bitso, and Bullish.
  • The stablecoin emphasizes regulatory compliance and financial security.
  • Ripple aims for RLUSD to become the gold standard for corporate stablecoins.

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Bitcoinist

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Crypto Influence On 2024 US Presidential Election Bigger Than Expected, Survey Finds

  • A recent survey by The Digital Chamber reveals that the influence of cryptocurrencies on the 2024 US presidential election is larger than anticipated.
  • Approximately 16% of respondents consider digital assets to be crucial in determining their vote, with 25% of Democrats and 21% of Republicans preferring a pro-crypto candidate.
  • Among demographic groups, 40% of Black voters see digital assets as important in deciding their vote, compared to 13% of white voters and 22% of Asian voters.
  • The survey also indicates that voters want smart and balanced regulation that protects consumers without stifling innovation.

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Coin Telegraph

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Crypto events turn to regulation and politics as US election looms

  • Some executives at crypto and blockchain firms have suggested prioritizing US congressional races over the presidential election.
  • Crypto events such as Permissionless III conference and Ripple Swell have focused on regulation and politics.
  • Panel discussions included predictions for the November race and its potential impact on the crypto industry.
  • Participants noted that digital assets have become a mainstream issue in US politics like never before.

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TheNewsCrypto

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XRP’s Crossroads: Analyzing Price Action Amid SEC’s Ripple Appeal

  • The U.S. SEC appeals the Ripple case, focusing on proceedings involving Ripple executives.
  • XRP price drops to $0.54, with NVT ratio reaching yearly high of 634.
  • Potential targets: $0.38 if bearish trend continues, or $0.65 if bullish momentum emerges.
  • Long-term XRP holders appear unfazed by recent developments, indicating selling activity is concentrated among short-term traders.

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Cryptonewsz

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Ripple (XRP) Eyes $0.6 Mark Amid Mixed Signals for the Weekend

  • XRP aims to reclaim the $0.6 mark amid mixed signals for the weekend.
  • Optimism remains high among some analysts for a potential weekend rally.
  • Changelly's data suggests a substantial increase of 33.36% for XRP on October 19.
  • However, Coincodex indicates a bearish sentiment, highlighting the unpredictable nature of the market.

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Crypto-News-Flash

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XRP Community Investigates Native Staking on XRPL with Contributions from Flare and Ripple

  • Two new proposals, XLS-65 and XLS-66, aim to introduce decentralized lending and yield farming directly on the XRP Ledger (XRPL).
  • Flare Networks is working on staking solutions for XRP using Flare XRP (FXRP) tokens and its Data Connector to ensure accountability.
  • The XRP community is exploring the integration of native staking and lending features on the XRPL to allow XRP holders to directly earn yields.
  • Prominent figures within the XRP ecosystem, including Mickle and Flare Networks CEO Hugo Philion, are advocating for these developments.

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Cryptonewsz

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SEC goes after Ripple execs in latest appeal of securities sales lawsuit

  • The United States Securities and Exchange Commission (SEC) has filed an appeal against Ripple Labs.
  • The appeal specifically targets aspects of the summary judgment that were favorable to Ripple.
  • The SEC is not appealing the decision that XRP itself is not a security.
  • However, the SEC disagrees with the decision regarding Ripple's non-cash XRP distributions violating the Securities Act of 1933.

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