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Ripple News
Bitcoinist
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Market Expert Says XRP Price Can Reach $100 If This Happens
- Crypto Tank, a prominent crypto analyst, suggests XRP could reach $100 if it captures 10% of SWIFT's daily transaction volume.
- SWIFT processes approximately $5 trillion in daily transactions, so 10% of that volume would equate to $500 billion for XRP.
- The $100 price target has gained traction, fueled by predictions of a major breakout and increased institutional liquidity.
- However, some skeptics argue against relying on price predictions and highlight the challenges of accurately predicting cryptocurrency prices based on limited historical data.
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Zycrypto
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Crypto Expert Dismisses Calls Of Ripple’s XRP Price Flying To $1,000 For This Reason
- Crypto expert dismisses calls of Ripple's XRP price flying to $1,000.
- Uphold's $1,000 XRP price forecast labeled as unreasonable and compared to penny stock hype techniques.
- For XRP to reach $1,000, its market cap would need to be an unattainable $100 trillion.
- XRP fans criticize the expert's rationale and suggest that an effective burn mechanism could lead to the $1,000 price.
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Zycrypto
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After Ripple, British Fintech Revolut Set To Issue Its Own Stablecoin As It Expands Crypto Offering
- London-based fintech company Revolut is planning to launch its own stablecoin as part of its expansion into digital assets.
- The specific launch date for the stablecoin has not been announced yet.
- Revolut aims to become a safe and accessible provider of crypto asset services with a compliance-first approach.
- Revolut has been making advances in the crypto space, including integrating with Metamask and launching a dedicated crypto exchange.
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Cryptopotato
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Ripple v. SEC Lawsuit Recap September 18th
- Ripple ordered to pay a reduced $125 million fine in the SEC lawsuit.
- Ripple requested a stay on the payment, potentially indicating a SEC appeal.
- The fine represents a 94% discount on the SEC's initial demand.
- Ripple's move could buy time for further legal maneuvers.
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TronWeekly
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XRP on the Brink of a Bullish Explosion
- XRP's price is exhibiting a classic bullish trend with higher highs and higher lows, suggesting a sustained upward trajectory.
- The token's resilience in maintaining support levels and recent outperformance indicate strong underlying demand.
- Bullish divergence on the RSI and the potential for a Fibonacci breakout reinforce the bullish outlook for XRP.
- XRP has outperformed other major cryptocurrencies in Q3, highlighting its growing strength and potential within the market.
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Crypto-News-Flash
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Ripple Partner Instarem Adds Apple Pay to Amaze Card for Easy Payments
- Instarem integrates Apple Pay with its Amaze card, enhancing convenience for contactless payments and cross-border transactions.
- Instarem's adoption of Apple Pay is part of the goal to simplify Treasury operations and improve user experience for global customers.
- Ripple's XRPL expands to support NFTs, smart contracts, and DEX, driving broader blockchain adoption and innovation.
- Ripple collaborates with TRM Labs and Circle to discuss DeFi governance and strike balance between innovation and compliance.
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TronWeekly
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XRP Targets $1 Breakout as Inverted H&S Pattern Signals Bullish Move
- XRP shows bullish reversal signs with an inverted H&S pattern on the daily chart.
- Technical indicators like Bollinger Bands and RSI suggest a continuation of XRP's upward trend.
- A breakout above the H&S neckline could drive XRP to a target of $1.10.
- The formation of the inverted H&S pattern indicates a potential bullish scenario for XRP.
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Crypto-News-Flash
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Ripple News: South Korea’s Surfy Enables XRP Payments – Real-World Utility Grows
- Surfy, a South Korean payment solution, has integrated XRP into its system, showcasing the increasing everyday use of the cryptocurrency.
- Users can now make purchases using XRP with selected merchants, as demonstrated during Korea Blockchain Week.
- The system uses a simple QR code for peer-to-peer transactions, highlighting the real-world utility of cryptocurrency.
- XRP's speed and efficiency, as well as renewed support from platforms like Robinhood, contribute to its growing adoption and price momentum.
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Crypto-News-Flash
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Ripple USD at the Helm of $6.87T Stablecoin Market: The Numbers Behind the Growth
- Fiat-backed stablecoins transacted $6.87T in 2022, surpassing MasterCard and PayPal.
- Ripple USD (RLUSD) is a stablecoin designed to maintain a constant value of one US dollar.
- RLUSD is 100% backed by a segregated reserve of cash and cash equivalents.
- Regulatory progress for stablecoins is being made across continents, including the US, Europe, and Asia.
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Newsbtc
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XRP To Have ‘The Mother’ Of All Bull Runs, Analyst Sets Double-Digit Target
- XRP's recent price surge has sparked bullish sentiment among investors and analysts.
- Some market watchers set bullish targets for XRP as the multi-year consolidation appears to be ending.
- Analysts predict XRP may retest the $0.75 resistance level before a potential massive bull run.
- Longer-term analysis suggests XRP could experience a breakout and reach new all-time highs, possibly exceeding $3.4 and aiming for double-digit targets.
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Newsbtc
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XRP Price Eyes Critical Upside Break: Is a Surge Imminent?
- XRP price is consolidating near $0.600 resistance level.
- A rising channel is forming with support at $0.5765.
- Bullish momentum might be gained if $0.5920 and $0.600 are cleared.
- On the downside, initial support is near $0.5765 and $0.5680.
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Bitcoinist
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Crypto Pundit Shuts Down Predictions Of XRP Price Hitting $1,000
- A crypto pundit has criticized the prediction of XRP price hitting $1,000.
- The analyst points to market capitalization and the coin's current fundamentals as obstacles to such a price surge.
- For XRP to reach $1,000, its market capitalization would need to grow to $100 trillion, which is considered implausible.
- XRP supporters argue that market capitalization is not a reliable metric and suggest evaluating XRP's potential based on its utility.
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Cryptopotato
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Pro-Ripple Lawyer to Continue SEC Fight Over $15B XRP Investor Losses
- Massachusetts Republican Senate candidate John Deaton intends to hold the SEC accountable for the $15 billion losses suffered by XRP retail investors.
- Deaton represented over 75,000 XRP token holders as an amicus curiae in the SEC's lawsuit against Ripple Labs.
- He argues that the SEC's aggressive litigation caused the value of XRP to plummet, resulting in significant financial harm to investors.
- Deaton demands accountability from the SEC and awaits the results of an Inspector General investigation, potentially leading to legal action and reparations for XRP investors.
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Zycrypto
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Analyst Projects Ripple’s XRP ‘True Fair Market Value’ Could Reach $38,999
- XRP has maintained a stable market capitalization but has seen minimal price movements.
- Analyst Levi Rietveld suggests that if XRP becomes the cornerstone of a new global financial system, its fair market value could reach $38,999.
- The prediction is based on the total global debt and the value of the derivatives market.
- Achieving such high valuations would require liquidity, regulatory clarity, and institutional investment.
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Crypto-News-Flash
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XRP Set for a Price Surge: Institutional Interest, Retail Demand, and Legal Support as Key Catalysts
- Ripple is progressing on multiple fronts, including a potential $125 million settlement with the SEC for institutional XRP sales.
- Ripple's launch of the RLUSD stablecoin aims to enhance security and regulatory compliance, attracting significant liquidity.
- XRP Trust by Grayscale and listing on Robinhood for European users expected to drive institutional and retail demand, respectively.
- XRP price poised for a surge as institutional interest, retail demand, and legal support act as key catalysts.
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