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Ripple News
Bitcoinsensus
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XRP’s Legal Status Under Fire Again as Oregon Pushes Security Label
- Oregon's lawsuit against Coinbase expands to include XRP, SOL, and LINK, raising legal uncertainty for these crypto assets.
- Coinbase notified over 500,000 Oregon users about the lawsuit filed without their consent, highlighting concerns about state-level regulatory reach.
- Oregon's case covers more cryptocurrency tokens than the original SEC lawsuit, reigniting the debate on whether XRP should be classified as a security.
- The SEC's decision to drop the case against Ripple leaves no legal precedent for the classification of assets like XRP, creating regulatory uncertainty in the industry.
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Zycrypto
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Pundit Explains Why He Believes Ripple’s XRP Price Has Already Been Determined
- Market pundit Versan Alajjarah claims XRP's future price has already been determined by major financial institutions.
- Alajjarah suggests that institutions like central banks and major financial players have already agreed on the price of XRP behind closed doors.
- He differentiates between the institutional price and the retail price of XRP, with the institutional price expected to far exceed current market values.
- The theory has generated mixed reactions within the crypto community, with some supporting the idea and others dismissing it.
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Crypto-News-Flash
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Ripple Leader Confirms XRP Ledger Will Power Hidden Road’s Global Infrastructure
- Ripple Managing Director confirms XRP Ledger will be used as a post-trade for Hidden Road's prime brokerage services.
- Ripple secures FINRA license to operate as a US broker-dealer.
- Hidden Road's acquisition by Ripple involved a $1.25 billion deal and brings along 300 institutional clients.
- XRP is expected to benefit from the acquisition, with analysts predicting a price surge and potential approval of an ETF.
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Newsbtc
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XRP Wyckoff Pattern Maps Bullish Run To $3.70 This Summer
- Crypto analyst Charting Guy has mapped the daily XRP/US Dollar chart on Bitstamp onto a textbook Wyckoff re-accumulation schematic.
- The pattern suggests a potential summer markup towards and potentially beyond $3.70.
- The analysis shows a meticulous alignment of real-world price action with classical re-accumulation phases.
- At the time of the publication, XRP traded at $2.11.
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TronWeekly
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XRP Price Eyes $5.89—But Can It Beat the 20-Day SMA First?
- Coinbase listed XRP futures contracts, signaling growing confidence in its legal status after the SEC dispute.
- Market experts speculate XRP price may reach $5.89 in the near term, but it is dependent on broader market dynamics.
- Technical analysis shows potential short-term bullish momentum for XRP, but the overall trend remains cautiously bearish below the 20-day SMA.
- XRP's price is currently below the 20-day SMA and needs to break above the middle Bollinger Band to confirm a bullish bias and higher price levels.
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Cryptoticker
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What If You Put $1,000 in XRP Today?
- XRP is gaining momentum, reclaiming key resistance levels.
- XRP's technical setup is showing positive signs for a breakout.
- A $1,000 investment in XRP today turning into $1 million by 2025 is highly unlikely.
- A more realistic price target for XRP in 2025 is $5 or $10.
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Crypto-News-Flash
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XRP Positioned to Lead the Instant Payments Revolution—Here’s Why
- Ripple’s integration of ISO 20022 and LEI positions XRP for seamless, compliant cross-border transactions in real-time finance.
- Ripple’s early compliance infrastructure gives it a head start in regulated ecosystems, especially with CBDCs and tokenized assets.
- Ripple's acquisition of the Legal Entity Identifier (LEI) puts it ahead in the compliance game, enabling seamless and precise verification of legal entities.
- Ripple's alignment with ISO 20022 and LEI strengthens XRP's settlement capabilities and enhances the quality, security, and speed of cross-border transactions.
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TheNewsCrypto
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Is XRP Gearing Up for More Gains, or Running Out of Steam?
- XRP is trading around $2.12 after a 3% spike.
- The 24-hour trading volume has increased by over 46%.
- XRP failed to breach the all-time high (ATH) and is testing key resistance levels.
- XRP's MACD line is above zero, indicating an early stage of uptrend.
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Crypto-News-Flash
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Key XRP Timelines to Watch That Could Spark a Major Market Move
- The ProShares XRP ETF could be approved and go live on April 30.
- Key timelines and events that could impact XRP price include the Ukraine Mineral Right Deal on April 24, the release of Q1 2025 GDP growth on April 30, and a major interest rate decision by the Federal Reserve on May 7.
- The XRP ETF launch and positive economic indicators could drive XRP price up, potentially reaching $15.
- Other events to watch include the resolution of the Ripple vs SEC case and potential trade deals signed by US President Donald Trump.
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Crypto-News-Flash
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Ripple Price Prediction: XRP Targets $3 as Risk-On Sentiment Heats Up
- Rippe-backed XRP coin is moving on a bullish trajectory, with the price surging over 3% on the daily chart. XRP traders and investors have shown resilience and determination in the coin, despite the drawdowns in April.
- Technical indicators reveal buy signals amid an improving sentiment across the crypto market. The fear and greed index is regaining momentum at 39.
- Coinbase Derivatives filing to "self-certify" XRP futures trading is fueling the latest rally, expected to increase institutional adoption of XRP.
- Several technical indicators support XRP's move towards the $3 psychological level, including the Moving Average Convergence Divergence (MACD) buy signal and RSI breaking the descending trendline resistance.
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Cryptopotato
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Ripple Price Alert: Calm Before The Storm as XRP Prepares for Massive Move?
- Ripple's XRP has been range-bound between $2.04 and $2.18 over the past week, currently hovering at $2.13.
- The Bollinger Bands indicator suggests that the calm period for XRP may be coming to an end, signaling potential volatility ahead.
- Prominent analysts have set bullish targets for XRP, with expectations of $2.60 and $5 in the near term.
- News catalysts such as potential approval of a spot XRP ETF and future partnerships may contribute to XRP's price trajectory.
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Crypto-News-Flash
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Veteran Trader Calls XRP an Easy Short—Here’s Why
- Veteran trader labels XRP an “easy short,” citing technical resistance, weak fundamentals, and drying liquidity as signs of a potential correction.
- Contrasting perspectives exist on XRP’s future, with some projections suggesting a price range between $2.25 and $4.59 in 2025.
- The bearish outlook on XRP is further supported by concerns over market liquidity and potential sell pressure from early investors.
- XRP is currently trading at $2.13 USD, reflecting a 3.36% increase over the past day.
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TheNewsCrypto
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Top Cryptos to Watch This Week: Ethereum, XRP, and Solana Signal Strong Rebound
- Ethereum (ETH), XRP, and Solana (SOL) are showing signs of a rebound after recent price dips.
- Ethereum (ETH) is trading near $1,640 and co-founder Vitalik Buterin has proposed replacing the Ethereum Virtual Machine (EVM) with RISC-V to improve speed and reduce costs.
- XRP has gained around 7% in the past few days, buoyed by a payments license in the UAE and progress in its legal battle with the U.S. SEC.
- Solana (SOL) has climbed from its recent low of $96 to above $140, with the launch of Solana ETFs on the Toronto Stock Exchange and interest from major U.S. asset managers.
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Bitcoinist
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Ripple Exec Reveals XRP Ledger’s Role In Hidden Road Deal
- Ripple's Managing Director revealed that the XRP Ledger will be incorporated into prime brokerage services.
- Hidden Road's post-trade services will migrate onto the XRP Ledger, enabling faster settlement and reducing post-trade time from 24 hours to seconds.
- Ripple will acquire a captive institutional market with Hidden Road, giving them access to over 300 institutional customers.
- The forthcoming Ripple stablecoin, RLUSD, will be used as collateral and enable bridging between crypto and traditional asset classes.
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Livebitcoinnews
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XRP Becomes a Favorite for Payments in Latin America
- XRP has become a preferred payment option in Latin America, surpassing Ethereum and Solana.
- XRP represents 9% of total purchases on Bitso, showing its growing popularity in the region.
- Mexican users on the Bitso platform choose XRP as their main token for trading, contributing to its increased popularity.
- Regulatory changes and Ripple's remittance services initiative have further driven the popularity of XRP in Latin America.
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