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Cryptonews
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Breaking: Bitwise Files for XRP ETF, Sources Confirm Authenticity
- Bitwise has filed for an XRP ETF in Delaware, confirming its authenticity.
- Earlier rumors of an XRP ETF turned out to be false.
- The filing has been confirmed by Bitwise's Chief Investment Officer, Matt Hougan.
- The approval of the XRP ETF is still subject to SEC's appeal of a favorable XRP ruling.
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TheNewsCrypto
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XRP Eyes Key Support Level as Price Dips Amid Overall Market Sell-off
- XRP is facing a price dip of 2.29% amidst an overall market sell-off.
- A Bitwise XRP exchange-traded fund (ETF) application has been filed with the Delaware Division of Corporations.
- XRP Open Interest has surpassed 1.5 billion XRP tokens across all exchanges.
- If XRP price drops below $0.58, it may decline further to test the $0.56 support level.
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Zycrypto
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Ripple’s XRP Breaches 4-Year Downtrend As Seasoned Analyst Envisions Explosive Rocket To $200 Price
- Crypto analyst predicts Ripple's XRP to reach $200, representing over 3,000% growth.
- XRP breaks 3.5-year and seven-year downtrends, indicating strong potential for price growth.
- Analyst Javon Marks believes XRP's breakout will propel it to $200 in the coming months.
- A $200 price tag would result in a market cap of over $11 trillion for XRP.
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Newsbtc
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XRP Price Bullish Potential Grows – A Surge Above $0.65 Will Triger Buyers
- XRP tests a crucial supply level at $0.65, showing signs of strength for a potential breakout.
- Reclaiming $0.65 would signal the start of a new bullish cycle and renewed market optimism.
- Analysts and investors anticipate XRP breaking above $0.65, following the broader crypto market's push for higher prices.
- Failure to break through $0.65 could lead to further consolidation or retracement for XRP.
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TronWeekly
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XRP Ledger: Gold and Silver Hits the Blockchain
- XRP Ledger welcomes the launch of Meld Gold's stablecoins backed by Gold and Silver.
- Each stablecoin represents 1 gram of the respective precious metal, held by renowned custody providers.
- Meld Gold completed the first transaction involving tokenized gold on XRP Ledger.
- The partnership between Meld Gold and Ripple signifies the growing interest in blockchain technology for revolutionizing financial services.
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Zycrypto
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XRP Witnesses Strong Market Interest as Trading Volume Breaches $1.3 Billion
- XRP trading volume has surged above $1.3 billion, indicating strong market interest and potential for a breakout.
- Whale activity and increased derivatives volume suggest a bullish trend for XRP, with a possibility of reaching $1.
- On-chain analyst predicts a sustained breakout above $2-3 and believes it's a matter of time.
- Whale accumulation and Grayscale's plans for an XRP Trust contribute to the positive outlook for XRP.
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Crypto-News-Flash
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Ripple Whales Make Big Moves: 470 Million XRP Bought in 10 Days!
- Ripple whales have accumulated over 470 million XRP in the last 10 days, indicating rising interest from major players in the crypto market.
- Turkish bank Garanti BBVA has integrated XRP into its mobile app, enhancing its cryptocurrency service offerings.
- Whale Alert reported significant XRP transactions, contributing to an 8% weekly price increase and strengthening XRP's market cap by over $3 billion.
- Ripple's upcoming token release and overall bullish sentiment indicate confidence in XRP's potential growth.
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Crypto-News-Flash
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XRP Nears Breakthrough After 6 Months of Struggles: Can Q4 2024 Push It Above $0.65?
- XRP is approaching the $0.65 resistance level, signaling a potential breakthrough this quarter.
- Long-term holders dominate the market, indicating a bullish outlook.
- Analysts predict a potential price increase to $0.78 if the resistance level is surpassed.
- Some analysts speculate XRP could reach even higher prices, with predictions ranging from $4 to $20.
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Crypto-News-Flash
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Ripple’s Game-Changer: DFSA Approval Opens Doors to UAE’s Trillion-Dollar Market—XRP Price Set to Explode
- Ripple has received approval from the Dubai Financial Services Authority (DFSA) to expand its services as a regulated provider of cross-border payment solutions in the UAE.
- The DFSA license supports Ripple’s mission to combine regulatory compliance with advanced digital infrastructure, facilitating cost-effective, faster, and efficient cross-border payments.
- Ripple will become the first blockchain-powered payment service provider to be licensed by the DFSA, positioning itself as a global leader in financial technology.
- Ripple's expansion in the UAE market is driven by greater regulatory clarity, strategic position as a financial services and trade hub, and access to Middle East, South Asia, and Africa.
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Bitcoinist
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Ripple Insider Reveals How The RLUSD Stablecoin Will Boost XRP
- A former Ripple employee reveals insights on the upcoming RLUSD stablecoin.
- RLUSD will be beneficial for XRP as it will be paired with it, providing greater liquidity.
- The introduction of RLUSD is expected to unlock new use cases, particularly in forex markets.
- There are technical hurdles in integrating RLUSD within the XRP Ledger, causing frustration within the XRP community.
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TheNewsCrypto
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Rally Incoming for XRP Amid Strong Investor Inflows; Cardano Still Facing Headwinds, Rexas Finance (RXS) to Lead Next Market Rally
- XRP whales are accumulating coins, worth almost $228 million, pointing to the possibility of a rally
- The Ripple and SEC legal fight virtually seems almost resolved, with the SEC's recent treatment of cryptocurrencies as a positive indication
- Technical analysts remain bullish on XRP's price movements, with a long-term target projected as high as $7
- Cardano (ADA) is lagging behind investor expectations, with large holders dropping their positions by 18%
- Cardano's price has been consolidating in a symmetric triangle pattern, with its support level at around $0.36
- Rexas Finance (RXS) has an excellent presale performance, and its platform positions it as a leader in the asset tokenizing space
- Rexas Finance is expected to list on exchanges at $0.20, providing early investors with a notable return
- Rexas Finance has features like Rexas DeFi and Token Builder, making it a token to keep an eye on in the next months
- Experts estimate that RXS could see gains of 10x or more
- XRP and Rexas Finance are showing great indications of growth, while Cardano is still facing challenges
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TheNewsCrypto
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Ripple Obtained In-Principle Approval From DFSA to Expand Operations in UAE
- Ripple has received in-principle approval from the Dubai DFSA to expand its presence in the UAE.
- Ripple became the first blockchain-enabled payment services provider licensed by the DFSA.
- The approval enhances Ripple's status as a regulated entity in the Middle East and allows it to operate from the DIFC.
- Ripple aims to work collaboratively with global regulators and policymakers to implement compliant blockchain solutions.
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Crypto-News-Flash
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Meld Gold Launches Gold and Silver-Backed Stablecoins on XRP Ledger, Leveraging Native Features
- Meld Gold and Ripple collaborated to launch tokenized gold and silver on the XRP Ledger.
- The first transaction of tokenized gold and silver on the XRP Ledger took place on September 29.
- Meld Gold plans to release two stablecoins backed by gold and silver on the XRP Ledger.
- The collaboration aims to provide greater access, efficiency, and utility to Real-World Assets (RWAs) using the XRPL's native features.
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TheNewsCrypto
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XRP Holds Above $0.60 Zone as SEC Appeal Deadline Draws Near
- XRP closed September at around $0.66, a level not seen since the March bull run.
- The SEC is expected to appeal the ruling on programmatic sales of XRP on Oct 7.
- Despite recent declines, XRP has managed to stay above both the 50-day and 200-day moving averages.
- Ripple supporters remain optimistic, believing that even if the SEC moves forward with an appeal, Ripple can continue to succeed in court.
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Newsbtc
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XRP Price Eyes a Restart: Will the Bulls Take Charge Again?
- XRP price started a downside correction below the $0.650 level and is trading near the $0.6120 support.
- There is a bearish trend line forming with resistance at $0.6350 on the hourly chart.
- The price could start a fresh increase if it clears the $0.6320 and $0.6350 resistance levels.
- Initial support on the downside is near the $0.6150 level and the next major support is at $0.6080.
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