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Ripple News
Crypto-News-Flash
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Ripple Issues Major Warning as RLUSD Stablecoin Launch Nears
- Ripple has warned users to beware of scams as RLUSD is still in its private beta phase and not yet publicly available.
- The launch of RLUSD on the XRP Ledger faces delays, but it may see smoother progress on Ethereum.
- Ripple has clarified that RLUSD is still in private beta and not available to the public.
- Ripple has cautioned users to stay vigilant against scams and false claims about RLUSD distribution.
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Cryptopotato
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How Likely Is an SEC Appeal in the Ripple (XRP) Lawsuit? Lawyer Chips In
- A potential appeal by the SEC in the Ripple (XRP) lawsuit is estimated to have a 60% chance.
- The recent ruling determined that the sales of XRP on secondary markets to retail investors did not constitute securities transactions.
- Speculation arose that the SEC would appeal the decision before the October 7 deadline.
- American attorney Fred Rispoli believes that appealing and getting Ripple affirmed would benefit all litigants in the 2nd Cir fighting the SEC.
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Bitcoinist
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Fully Functional Ripple Stablecoin (RLUSD) Will Not Launch This Year: Expert
- The Ripple stablecoin, RLUSD, will not be fully functional on the XRPL this year.
- The XRP Ledger does not currently support the 'clawback' feature enabled on RLUSD.
- Amendments are being developed to allow RLUSD on the XRPL AMM in the future.
- Ripple CTO provided clarification on technical points concerning the XRPL amendments.
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Cryptonews
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Crypto Banter Predicts Imminent Altcoin Season, Reveals ‘Must-Hold’ Coins
- Crypto Banter predicts an altcoin season might be approaching soon.
- Bitcoin had a strong performance in September, setting up positive conditions for the altcoin market.
- Potential big movers in the altcoin market highlighted by Crypto Banter include XRP, Solana, Near, and Injective.
- Crypto analyst Ran Neuner expresses strong support for Solana.
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Zycrypto
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Ripple’s XRP Price Chart Hints At Bullish 50% Rally; But Will The SEC Spoil The Party?
- XRP closed the week up 8%, surpassing resistance at $0.60.
- XRP is on track for its strongest quarterly return since Q1, 2023.
- Analyst suggests XRP may see a 50% surge towards $0.90 if current pattern holds.
- Possibility of SEC appeal may pose a challenge to XRP's price growth.
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TronWeekly
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Ripple’s RLUSD Could Skyrocket XRP
- Ripple’s RLUSD stablecoin has launched on the XRP ledger, boosting the value of XRP.
- Liquidity constraints are seen as a positive sign, indicating institutional engagement and regulatory oversight.
- RLUSD enhances the utility of XRP, making it attractive for individuals and institutions.
- Ripple's RLUSD stablecoin aims to drive liquidity boost for XRPL.
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Crypto-News-Flash
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XRP Journey to $10-$20: Why This Cycle Would Be Its Time
- XRP is predicted to reach $10-$20 during the current market cycle, according to crypto analyst MikyBull Crypto.
- Technical analysis using Bollinger Bands, Trendline Channel, and Williams%R indicates bullish potential for XRP's growth.
- XRP has shown recent price movement and durability, supporting the positive outlook for further growth.
- Major investors and the integration of XRP Ripple by Garanti BBVA bank contribute to the rising momentum of XRP.
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Cryptopotato
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Ripple (XRP) Price Prediction and Outlook for This Week
- XRP broke above 60 cents and rallied to 66 cents, showing a major breakout.
- Momentum and volatility are picking up, with a bullish bias.
- Buy volume increased during the weekend, putting XRP in the lead.
- Key resistance at 68 cents will be tested in the near future.
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Crypto-News-Flash
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Ripple News: XRP Signals Potential Rally After 6-Year Stagnation
- XRP has made a significant move to break out of a six-year symmetrical triangle pattern.
- Analysts have predicted that XRP could trade between $7 and $20 in the next bullish cycle.
- The asset has not yet broken its six-year symmetrical triangle, according to some analysts.
- The current bullish momentum in XRP may be linked to the market rally and the development of the XRP Ledger.
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Crypto-News-Flash
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Ripple Mints 99% of RLUSD, Poised to Challenge USDC and USDT in $1T Stablecoin Market
- Ripple has minted 99% of the total supply of its stablecoin RLUSD in preparation for its launch.
- The launch of RLUSD poses a challenge to established stablecoins like USDC and USDT in the $1 trillion stablecoin market.
- Ripple's ability to offer its rail (XRPL blockchain) and establish RLUSD for cross-border payments gives it an edge over competitors.
- The XRPL community has approved two major amendments, 'fixEmptyDID' and 'fixPreviousTxnID', to expand the use cases of RLUSD.
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Crypto-News-Flash
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Ripple Mints 99% of RLUSD Stablecoin Supply—Major Launch Imminent?
- Ripple has minted 99% of the RLUSD stablecoin supply, indicating an imminent launch in the stablecoin market.
- Ripple's legal victory and aggressive strategy position it to challenge market leaders like Tether in the expanding stablecoin space.
- The rapid production of RLUSD tokens suggests that the long-awaited launch could be approaching, marking a crucial phase for Ripple.
- Despite ongoing legal challenges, Ripple's native cryptocurrency XRP has shown strong performance, adding anticipation to RLUSD's official launch.
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Cryptopotato
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Why is the Ripple (XRP) Price Up Today?
- XRP defied the market downturn, gaining 4% while most cryptocurrencies saw losses.
- Analysts predict a potential rally for XRP with targets up to $2.30.
- The progress surrounding Ripple's upcoming stablecoin is driving XRP's valuation up.
- Market observers believe XRP's recent resurgence could be the beginning of a massive rally.
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Bitcoinist
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7 Days Left: Pro-XRP Lawyer Predicts Likelihood Of SEC Appeal Against Ripple
- Pro-XRP attorney Fred Rispoli predicts a higher likelihood of an SEC appeal against Ripple.
- The SEC has less than a week to decide whether to challenge the ruling on Ripple's XRP token sales.
- There is a belief within the SEC that the court's decision was flawed and should be contested.
- XRP currently trades at $0.65.
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Cryptonews
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Bitget Analyst Predicts XRP Rally in October, Says 30% a Possibility
- Bitget Research's Chief Analyst predicts XRP could rise by 30% to $0.75 if positive legal progress is made in Ripple's case against the SEC.
- However, caution is advised as XRP could drop to $0.45 if Ripple's legal situation worsens and the SEC appeals the recent court ruling.
- Major cryptocurrencies like BTC and ETH have surged, and XRP is showing signs of growth, with October historically being a bullish month for crypto.
- Ryan Lee advises readers to avoid extreme forecasts, set stop-losses, and make incremental investments rather than emotional decisions.
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TheNewsCrypto
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XRP Price Rallies Breaking Above $0.63 Key Resistance Level
- XRP is trading at $0.6466, up 6.45% in the last 24 hours.
- The price broke above the key resistance level of $0.63.
- Recent updates to the XRP Ledger sparked bullish market sentiment.
- Ripple is close to launching its stablecoin project with the impending debut of RLUSD.
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