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Ripple News
Zycrypto
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Ripple’s XRP Whales Scoop 380 Million Coins As Community Banks On Gargantuan ‘$27 XRP Price’
- XRP whales have accumulated over 380 million XRP, valued at approximately $228 million, in the past ten days.
- Whale transfers suggest bullish indicators, signaling long-term storage and potentially positive regulatory developments.
- The recent XRP lawsuit clarification by the SEC and technical analysis indicate potential for a breakout and significant price movements.
- Analysts predict XRP's price to reach as high as $27 to $33, surpassing Bitcoin and Ethereum in the upcoming market cycle.
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Newsbtc
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Crypto Whales Buy $228 Million In XRP Following $5 Price Prediction
- XRP whales have acquired $228 million worth of the cryptocurrency in a few days, defying the uninspiring price movements.
- The surge in XRP acquisitions follows the launch of the Grayscale XRP Trust and an optimistic price prediction of $5 in the next six to ten months.
- Large-scale investors holding 10 million to 100 million XRP tokens added about $288 million worth of XRP tokens to their balance.
- Despite increased whale activity, XRP's price has struggled to break above $0.60, while other major cryptocurrencies experienced notable gains.
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Crypto-News-Flash
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Ripple CLO Talks Congress Insights on SEC and XRP
- Ripple's Chief Legal Officer, Stuart Alderoty, responds to Professor Lee Reiners' testimony before Congress on the SEC and XRP case.
- Reiners highlights the regulatory gap in the crypto spot market and calls for Congress to take action to address it.
- Reiners criticizes the idea of using decentralization as a determining factor for securities classification in the crypto industry.
- The impact of changing SEC leadership on crypto regulation is discussed, with uncertainties remaining for XRP's future.
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TheNewsCrypto
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Rexas Finance (RXS) Sparks Market Rally By Outshining Ripple and Toncoin
- Rexas Finance is mounting competition towards well-established projects such as Ripple and Toncoin by gaining loyalists among persons seeking effective and efficient blockchain platforms.
- Rexas Finance has embraced the DeFi movement, allowing users to exchange cryptocurrencies across networks, benefit from yield aggregation, and earn compounding interest through decentralized finance assets.
- For crypto entrepreneurs, the Rexas Launchpad helps launch new tokens and gives rookie tokens a fair chance in marketplaces, and the Token Builder tool allows launching of a token without any technical knowledge.
- Rexas Finance offers presale of its token at discounted rates with two different stages, with expected listing on notable centralized and decentralized exchanges in early 2025.
- Rexas Finance has introduced a big Giveaway, in which 20 winners will win $50,000 each aimed specifically at the early backers of the project to expand the community and attract institutional investors.
- With its revolutionary real-world asset tokenization platform, state-of-the-art DeFi solutions, and attractive rebate options, Rexas Finance is at the forefront of seeking opportunities for the next major crypto bull run.
- Rexas Finance is going to provide great rewards to those who invest early, making it the darling of crypto investors who are in search of big returns in the next new trend of digital finance.
- Seize what could be the best things on the investment opportunities landscape in 2024. Rexas Finance is going to be the blowing horn of the next market bulge – make sure to save your position before the market's awareness strikes!
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Bitcoinist
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XRP Bullish Signal: Whales Go On $223 Million Buying Spree
- XRP whales have shown significant net expansion in their holdings over the past ten days, indicating a bullish signal for the cryptocurrency.
- Whales refer to entities holding between 10 million and 100 million XRP, and their collective behavior can influence the market sentiment.
- The XRP whales have added a net 380 million XRP (approximately $223 million) to their wallets in the last ten days.
- This buying spree by the whales has contributed to a 10% recovery run for XRP, and if they continue to accumulate, a rally in the cryptocurrency's price may be expected.
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Crypto-News-Flash
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Ripple Whales Accumulate $228M in XRP in Just 10 Days
- Ripple whales have accumulated over $228M in XRP in the last 10 days.
- Whale XRP holdings have reached near all-time highs.
- The recent introduction of Grayscale's XRP Trust has sparked institutional interest.
- South Korea's Surfy platform enables XRP payments at cafes via QR codes.
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Newsbtc
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XRP Price Surge Could Hit 9,470% — Analyst Predicts $27 Target In Bold Forecast
- Market analyst EGRAG Crypto predicts a possible spike of up to 9,468% for XRP.
- Five growth scenarios include price targets of $3, $4.85, $6.22, $7.68, and a bold estimate of $27 per token.
- XRP has shown stability and steady rise, even during market volatility.
- EGRAG's predictions are based on historical price patterns and market cycles.
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Cryptonewsz
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Ripple Whales Go On Accumulation Spree With $380 Million Purchase: Can XRP Surge?
- XRP whales have accumulated over 380 million tokens in just ten days, signaling a bullish outlook for the digital asset.
- On-chain data reveals a sharp increase in whale holdings, with large investors consistently adding to their XRP positions.
- The current level of whale holdings is approaching the all-time high observed seven weeks ago.
- Factors such as Grayscale's XRP Trust launch contribute to positive sentiment around the token.
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Crypto-News-Flash
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Grayscale’s XRP Trust Sees 11.44% NAV Growth, Signaling Rising Institutional Interest
- Grayscale's XRP Trust saw 11.44% NAV growth, indicating rising institutional demand for XRP.
- The reintroduction of the XRP Trust may lead to the development of an XRP ETF, similar to Grayscale's Bitcoin Trust.
- Grayscale reopened private placements for 18 cryptocurrency trusts, including the XRP Trust, catering to accredited investors.
- The positive growth of the Grayscale XRP Trust's NAV per share and XRP's price rally suggest sustained institutional interest.
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4 Likes
TronWeekly
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XRP’s 2,650-Day Uptrend: Bifrost Bridge Signals Strong Support Above $0.28
- XRP has maintained a strong upward trend, known as the 'Bifrost Bridge', for 2,650 days.
- The stability of XRP, even during market volatility, indicates its strength and reliability.
- XRP is currently in an extremely bullish mode, suggesting further upward movement.
- The $0.28 price level is a key support level for XRP, and as long as it stays above it, short-term fluctuations are inconsequential.
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Cryptonews
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Grayscale XRP Trust Starts Trading for Eligible Accredited Investors
- Grayscale has reopened its XRP Trust to eligible accredited investors.
- The XRP Trust has grown 11.44% in net asset value (NAV), currently peaking at US$11.79.
- The trust aims to attract institutional investors interested in digital assets like XRP.
- Other Grayscale trusts have seen mixed results in terms of performance.
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Crypto-News-Flash
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BREAKING: Ripple Partner SBI Holdings Joins Major BIS Initiative, Project Agora
- SBI Holdings joins Project Agora to explore integrating tokenized bank deposits with central bank digital currencies.
- Ripple partners Tranglo and Instarem expand cross-border payment services, enhancing remittance speed and contactless payments.
- SBI Holdings confirms participation in Project Agora, a major initiative led by BIS and seven central banks.
- Ripple's partners' involvement strengthens its position in the future of digital finance.
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Crypto-News-Flash
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Ripple Partner Tranglo Now Supports Brunei Banks for Faster Remittances
- Tranglo, a Ripple partner, expands services to Brunei to facilitate faster and secure remittances for migrant workers.
- Tranglo's expansion aims to increase financial inclusion and simplify cross-border remittance process by partnering with eight major banks in Brunei.
- The use of Ripple's blockchain technology enables real-time payments and strengthens Tranglo's mission to provide financial access to underserved groups.
- In a related development, Instarem integrates Apple Pay with its Amaze card, offering convenient and secure cross-border payments via mobile devices.
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Crypto-News-Flash
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XRP Set for Surge: Whale Activity and Social Buzz Highlight Growing Bullish Sentiment
- XRP price might soon go parabolic amid growing whale adoption.
- Whale activity and social dominance indicate positive sentiments towards XRP.
- Liquidation heatmap data suggests a bullish tendency for XRP.
- Integration of XRP into payment solutions like Surfy enhances its outlook.
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23 Likes
Cryptonewsz
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Ripple’s XRP price in trouble amid SEC Chair hints at further crypto action
- Ripple's XRP price is up 1.9% in the last 24 hours following favorable Fed rate cuts.
- XRP underperformed the broader crypto market despite the gain.
- The United States SEC could pursue further legal action against Ripple.
- XRP may decline below $0.40 if the SEC files an appeal, but could reach $1.00 if the SEC fails to submit an appeal notice.
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