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Crypto-News-Flash

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XRP Relisted on Robinhood: Sparks New Optimism in Crypto

  • Robinhood has relisted XRP on its platform, boosting confidence in the future of the cryptocurrency.
  • This move enables over 23 million Robinhood users to trade XRP, increasing its prominence and accessibility.
  • The relisting follows Ripple's legal victory, providing a sense of legal clarity for XRP.
  • The relisting on Robinhood signifies increased trust in XRP and may encourage other platforms to reconsider their stance on the cryptocurrency.

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Crypto-News-Flash

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Is the Digital Euro Testing XRP’s Private Ledger? XRP-CBDC Integration Sparks Excitement

  • Ripple is involved in testing the digital euro on its private ledger, which could impact XRP’s value.
  • David Schwartz, Ripple’s CTO, suggests that XRP’s price on the private ledger will eventually reflect on the public ledger.
  • The ongoing integration of Ripple’s technology with central bank digital currencies (CBDCs) has recently drawn significant attention within the cryptocurrency community.
  • Ripple designed its private ledger to offer enhanced security and scalability, specifically for central banks and government entities exploring digital currencies.

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Crypto-News-Flash

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BREAKING: Bitstamp to Launch New Derivatives Exchange with XRP Ledger

  • Bitstamp is set to launch a derivatives exchange, leveraging Ripple's XRP Ledger for enhanced cross-border efficiency.
  • Bitstamp intends to use XRPL to improve its cross-border payment capabilities, leveraging Ripple's blockchain technology.
  • The upcoming Bitstamp derivatives platform will target both retail and institutional clients, focusing on global expansion.
  • This collaboration between Bitstamp and Ripple has the potential to boost XRP adoption across markets and strengthen Bitstamp's position through its upcoming acquisition by Robinhood.

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Dev

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XRPL: Console log the ledger index

  • Create a new repository, initialize NPM, and install the XRPL.js package
  • Create an app.js file and paste the provided code
  • The code connects to XRPL client, requests ledger information, and logs the ledger index
  • Run the code to interact with XRPL and display the last ledger index

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Crypto-News-Flash

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Grayscale Sets Stage for XRP ETF with Launch of U.S. XRP Trust for Accredited Investors

  • Grayscale Investments has launched an XRP Trust, potentially paving the way for an XRP ETF.
  • The XRP Trust allows accredited investors to gain exposure to XRP without the need for an ETF.
  • Grayscale believes that XRP can facilitate efficient international payments and contribute to the evolving global economy.
  • While the process for approving an ETF is stringent, the XRP Trust is subject to lighter regulatory requirements.

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Btcwires

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Ripple’s XRP Just Avoided A Major Disaster, While Dogecoin and Shiba Inu Still Remain Stagnant

  • Ripple (XRP) successfully rebounded from a key support level, avoiding a potential sell-off.
  • Dogecoin (DOGE) is gradually recovering at $0.10, while Shiba Inu (SHIB) remains stagnant.
  • Investors are turning to ETFSwap (ETFS) as a strategic investment option.
  • ETFSwap (ETFS) platform offers access to valuable ETFs backed by Real World Assets (RWAs).

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Zycrypto

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Analyst Predicts The Prices Of Shiba Inu, Ripple’s XRP If Bitcoin Hits $150,000 — And It’s Astonishing

  • Prominent analyst predicts that Shiba Inu (SHIB) could surge to $0.05 if Bitcoin reaches $150,000 by 2025.
  • The analyst also forecasts significant growth for Ethereum, Dogecoin, XRP, and Cardano if Bitcoin hits the target.
  • However, skeptics argue that the surge to $0.05 for SHIB may be overly ambitious due to its current market capitalization and adoption.
  • Despite skepticism, the SHIB community remains committed to increasing the token's burn rate, which has surged significantly.

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Crypto-News-Flash

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BREAKING: Ripple CLO Confirms XRP vs. SEC Case is Finally Over-$5 Next?

  • Ripple's legal battle with the SEC has concluded with a final ruling by the U.S. District Court for the Southern District of New York.
  • The court reduced the SEC's proposed penalty from over $2 billion to $125 million and imposed restrictions on Ripple's future XRP sales to institutional clients in the U.S.
  • Ripple's fair notice defense used in the case may set precedent for future cases involving digital asset regulation by the SEC.
  • XRP's price has seen an increase, with some investors eyeing a target of $5 for the cryptocurrency.

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Newsbtc

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Ripple Moves 150 Million XRP, Fueling An 11% Price Surge

  • Ripple Labs has transferred 150 million XRP to an unknown wallet, sparking speculation about its intentions.
  • The transfer comes at a time when rumors of an XRP Exchange-Traded Fund (ETF) are circulating.
  • The wallet receiving the XRP has been regularly receiving transfers from Ripple since October 2023, leading to various theories among XRP proponents.
  • The concept of an XRP ETF has generated positive sentiment, with XRP's price rising 11% in the past week and trade volumes increasing.

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TheNewsCrypto

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Ripple (XRP) Surges, Creating a Bullish Engulfing Candle With 5% Gain

  • Ripple's XRP has surged by 5% and created a bullish engulfing candle, improving market sentiment.
  • Grayscale's announcement of an XRP Trust has sparked optimism and speculation about an XRP ETF.
  • Technical indicators suggest a potential trend reversal and increased momentum for XRP.
  • Immediate resistance for XRP is at $0.5707, with subsequent targets at $0.60 and $0.65.

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Zycrypto

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XRP Price Explosion to $40 is “Definitely a Possibility” for These Reasons

  • Crypto analyst Steph is Crypto suggests XRP could experience an extraordinary rally, potentially soaring over 7,400% from its current price.
  • Steph points to the seven-year symmetrical triangle pattern on the monthly chart as a potential indicator of a substantial price surge.
  • Steph argues that XRP's market cap does not accurately reflect its potential and highlights the potential for growth in the altcoin space.
  • Despite XRP experiencing a challenging period, the anticipated launch of Ripple's USD stablecoin (RLUSD) could potentially boost XRP's ecosystem.

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Crypto-News-Flash

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XRP Price Prediction: Crash to $0.33 Before Huge Surge by Summer 2025

  • XRP price could drop to $0.33 before October 6th, 2024, then potentially surge to $8.80 by summer 2025.
  • The looming SEC appeal is expected to be the catalyst for XRP’s dramatic price movement.
  • According to an analysis, XRP is predicted to drop to $0.33 before experiencing a significant price increase by summer 2025.
  • The recent launch of the Grayscale XRP Trust is seen as a last-ditch effort to boost XRP's price before the expected drop.

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Crypto-News-Flash

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SEC Chair Gary Gensler Under Investigation: What It Means for Ripple and XRP

  • SEC Chair Gary Gensler is under investigation for his hiring practices, raising concerns of political bias and potential impact on the agency's objectivity.
  • The investigation may benefit Ripple and XRP as it questions Gensler's impartiality following the recent legal battle between Ripple and the SEC.
  • The probe focuses on allegations of political favoritism influencing key personnel decisions in the SEC's hiring process.
  • If Gensler's leadership and impartiality are questioned, the SEC may reconsider its aggressive enforcement tactics against Ripple.

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Crypto-News-Flash

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Bullish XRP Facts Every Holder Needs to Know: Grayscale ETF, RLUSD Liquidity, and More

  • An analyst highlights six main bullish factors that could fuel XRP's rally.
  • The launch of the XRP Trust by Grayscale is seen as a positive development for XRP.
  • The upcoming RLUSD stablecoin is expected to attract massive liquidity to XRP.
  • The conclusion of the SEC vs Ripple court case is seen as a bullish catalyst.

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TheNewsCrypto

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Ripple’s XRP Jumps 10% After Grayscale Unveils XRP Trust Fund

  • Ripple’s XRP price surged by 10.53%, reaching a peak of $0.5892.
  • Grayscale launched the Grayscale XRP Trust Fund, allowing institutions to invest in XRP without direct purchase.
  • XRP experienced a 8.45% jump following the announcement of the Grayscale XRP Trust Fund.
  • Technical analysis suggests further gains for XRP, with predictions ranging from $0.6100 to $0.6310.

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