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Ripple News
Crypto-News-Flash
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Trump Backs Crypto Over Stocks — These 3 Altcoins Could Soar
- Donald Trump compared the crypto market with US stocks, highlighting the resilience of cryptocurrencies during recent market turmoil.
- Trump's endorsement of crypto has led to increased optimism and demand for major altcoins like Ethereum, Ripple, and Dogecoin.
- 73% of US crypto investors believe the nation should lead globally in the crypto landscape, indicating a positive outlook towards altcoins in a potentially improved regulatory environment.
- Ethereum is gearing up for the Pectra update on May 7, with experts expecting substantial gains, while Ripple and Dogecoin are also projected to experience positive movements in the market.
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Crypto-News-Flash
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Top 3 Altcoins to Monitor This Week Amid Market Shifts
- Bitcoin, Ripple, and Virtuals Protocol are the top picks on this week’s crypto watchlist, with analysts keeping a close eye on Bitcoin potentially rallying past $98,000 and XRP aiming for the $3 mark.
- The crypto market is currently experiencing a minor drop in market capitalization and performance, with Bitcoin leading the way as the market driver amidst institutional interest.
- Bitcoin is trading at $94,588, with bullish sentiments for reaching $100,000, while institutional interest in BlackRock's iShares Bitcoin Trust continues to rise.
- Ripple is priced at $2.18, showed a downturn after reaching $3, with increasing market activity and upcoming CME Group listing XRP futures on May 19. On the other hand, Virtuals Protocol's VIRTUAL token is trading at $1.82, showcasing significant growth in the AI-crypto space.
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Zycrypto
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Pundit Reveals Extent of Damage the SEC Did To Ripple’s XRP
- XRP has struggled despite Ripple's legal win against the SEC, leading to concerns in the crypto community.
- The SEC lawsuit in 2020 caused XRP's price to crash and led to delisting from major U.S. exchanges.
- XRP remained stagnant for three years due to regulatory uncertainty, missing out on market rallies.
- While the SEC case against XRP has been dropped, the coin's reputation and potential have been significantly impacted.
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Zycrypto
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Pro-XRP Lawyer Weighs in on Why USDC Issuer Circle Rejected Ripple’s $5 Billion Buyout Offer
- Ripple's $5 billion acquisition offer to Circle has sparked debate within the XRP community.
- Circle rejected the $5 billion offer, anticipating its valuation post-IPO to surpass $5 billion and possibly reach $9 billion.
- The shift in regulatory environment, including the potential approval of the STABLE GENIUS Act, supports Circle's expectation of a higher deal value around $10 billion.
- Despite Circle's past valuation challenges, the firm expects its IPO valuation to be between $4 billion and $5 billion, influenced by its decision to decline the offer and its reported profits in 2024.
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Crypto-News-Flash
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If Ripple Buys Circle, XRP Price Might Enter a New Era, Expert Claims
- Ripple's offer to acquire stablecoin issuer Circle could have a significant impact on XRP and the overall ecosystem.
- The acquisition could lead to Ripple dominating the payment industry, utilizing USDC liquidity, and positioning XRP as a default bridge.
- XRP could potentially transcend into an infrastructure asset, becoming a cross-border, cross-asset, and cross-industry asset.
- Ripple's strategy aims to dominate payments, control stablecoin rails, and establish XRP as the default bridge, with an expected positive impact on XRP price.
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Cryptopotato
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Ripple Price Analysis: Is XRP Ready to Break Out of Consolidation Phase?
- XRP is currently trapped in a tightening consolidation zone, showing limited momentum despite Bitcoin's strength.
- On the USDT pair, XRP is locked within a descending channel and is holding just above $2.10, with possible support at the 200-day moving average.
- XRP/BTC pair has been sliding within a falling wedge for over two months, currently trading around a major confluence level at 2200 SAT.
- For XRP to break out of the consolidation phase, it needs to break key resistance levels around $2.5 in the USDT pair and reclaim 2400–2450 SAT in the BTC pair.
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Bitcoinsensus
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XRP Price Prediction: Demand Zones Below, Liquidity Above — What’s Next?
- XRP's 4H chart reveals three demand zones below liquidity with a supply zone above, creating a potential trading scenario.
- The advice is to stay patient, wait for confirmation, and let the market dictate the next move to avoid premature actions.
- The market analysis suggests two possible scenarios: a sweep below to reclaim liquidity or a fake breakout up followed by a dump towards the lower liquidity pool.
- The key takeaway is to exercise caution, remain patient, and not rush into trades based on the current setup in XRP trading.
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TronWeekly
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XRP Eyes $2.50 Target If Breaks $2.22 Resistance, Analysts Predict
- XRP is facing essential resistance at $2.22 and crucial support at $1.99, leading to a technical squeeze.
- A breakout above $2.31 could signal a trend reversal, with a target of $3.00 for XRP.
- Bullish sentiment in XRP's price is being driven by regulatory certainty and progress in the SEC lawsuit.
- Analysts predict that XRP could surge in price if it breaks above $2.31 with significant volume, indicating a genuine trend turn due to regulatory clarity and potential ties with major financial institutions.
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Crypto-News-Flash
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SEC Dropped the XRP Case—Ripple CTO Tells Us Why
- The SEC has dropped the XRP case against Ripple signaling a shift in its crypto stance and opening opportunities for blockchain firms.
- Ripple's Legal Officer attributes the SEC's withdrawal to unclear crypto regulations, paving the way for future collaboration with U.S. Congress to implement effective regulations.
- Following the legal victory, Ripple swiftly expands by acquiring Hidden Road for $1.25 billion and bidding $5 billion to acquire Circle despite the bid being rejected.
- The SEC's regulatory changes under new leadership and Ripple's aggressive expansion post-legal win are fostering optimism for clearer crypto regulations and innovation in the blockchain industry.
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TheNewsCrypto
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Is XRP Ready for a Bullish Run? The Key to Higher Levels Lies with the Bulls
- XRP is trading within the $2.17 range with a 24% increase in 24-hour trading volume.
- Bearish pressure has led to a 1.11% decrease in the crypto market cap to $2.96 trillion, affecting assets like Bitcoin and Ethereum negatively.
- XRP witnessed a plunge of over 1.74%, trading at $2.17 after hitting a peak of $2.21 followed by a retracement to $2.14.
- Technical indicators like MACD, CMF, BBP, and RSI suggest a bearish market sentiment for XRP, with the possibility of price retraction if key resistance levels are not broken.
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Bitcoinist
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XRP Price Rejection At This Supply Zone Triggers Crash, Here’s The Next Target
- XRP price faced rejection at $2.2 and struggles to regain momentum after rejection from a major supply zone.
- Repeated rejections and lower high formations indicate bearish control over XRP price amid expected volatility due to upcoming events.
- Target for XRP price includes $1.95 if $2 support is lost, followed by demand zones at $1.60 and $1.69.
- Possibility for bullish reversal exists if XRP price surpasses $2.27 supply zone, with potential for upward continuation and shift in momentum.
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Crypto-News-Flash
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May 2025 XRP Outlook: Price Prediction and Key Market Trends
- XRP gains momentum post resolution of SEC lawsuit, targeting breakout between $2.60 and $4.35 driven by legal clarity and renewed investor confidence.
- Ripple's upcoming utility upgrade and positioning as the third-largest crypto reinforces XRP's bullish trajectory for June 2025.
- XRP is currently priced at $2.16, navigating key phase post Ripple-SEC lawsuit resolution, with analysts predicting potential rally to $4.35 based on recent developments.
- The resolution of the SEC lawsuit and XRP's utility upgrade contribute to renewed investor confidence, propelling XRP towards a potential breakout target in the near term.
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Fintechnews
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Circle Reportedly Rejected Ripple’s US$4–5 Billion Takeover Bid
- Ripple Labs made a takeover offer for Circle Internet Financial valued between US$4 billion and US$5 billion, which was rejected for undervaluing the stablecoin issuer.
- Sources mentioned Ripple has not ruled out submitting a new proposal but has not made a decision yet.
- Circle is focused on proceeding with a public listing after filing for an initial public offering earlier this month.
- Crypto dealmaking is on the rise, with firms like Circle, BitGo, Gemini, and Bullish Global considering public listings as digital asset prices surge.
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Crypto-News-Flash
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XRP News: Ripple Exec Explains SEC Appeal Withdrawal and U.S. Path to Smart Crypto Regulation
- A U.S. appellate court has paused the legal battle between SEC and Ripple, granting a 60-day hold on the SEC's appeal.
- Ripple's Chief Legal Officer, Stuart Alderoty, explains the implications of the SEC dropping its appeal and the lack of clear legislation in the U.S. regarding crypto.
- The SEC has shifted its approach from aggressive lawsuits against crypto firms to working on a formal regulatory framework for the industry.
- Political changes at the SEC, including new leadership and a focus on crypto innovation, have accompanied legal shifts in the XRP case, amid XRP trading at $2.20.
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Cryptopotato
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Image Credit: Cryptopotato
XRP Is Not Dead, It’s Just Loading: Analyst
- Ripple's XRP saw a surge after US elections but slowed down in Q1 despite progress in the lawsuit against SEC.
- Social media influencer highlighted RippleNet's global adoption and XRP's resilience in facing legal challenges.
- Institutional interest in XRP is growing with CME launching XRP futures and potential for a Ripple ETF.
- XRP price chart signals a potential bull run ahead, supported by increased volume and institutional accumulation.
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