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Crypto-News-Flash

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Why XRP Holders Could Become the Richest People You Know, According to Analyst

  • XRP may rally to $5 as technical indicators show bullish signs.
  • Falling Bitcoin dominance supports XRP's potential growth.
  • XRP's bullish flag pattern confirms an upward trend.
  • Altcoin season and key support levels suggest higher gains for XRP.

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Altcoinbuzz

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Ripple Announces RLUSD Stablecoin Launch on Global Exchanges

  • Ripple announces the launch of RLUSD stablecoin on global exchanges, including Uphold, Bitso, MoonPay, Archax, and CoinMENA.
  • RLUSD tokens are fully backed by U.S. dollar deposits, U.S. government bonds, and cash equivalents, ensuring stability and transparency.
  • The launch of RLUSD sets a high regulatory standard by operating under the NYDFS limited purpose trust company charter.
  • RLUSD aims to enable instant cross-border payments, provide liquidity for remittance and treasury operations, integrate with DeFi protocols, and bridge traditional fiat currencies with the crypto ecosystem.

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TheNewsCrypto

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US Senate Cancels Renomination of SEC Commissioner Caroline Crenshaw

  • The U.S. Senate Banking Committee has canceled its vote on SEC Commissioner Caroline Crenshaw’s renomination.
  • Crenshaw's departure comes amidst significant criticism from the cryptocurrency industry.
  • Crypto industry players and Republicans opposed Crenshaw's renomination.
  • President-elect Donald Trump plans to appoint a pro-crypto SEC commissioner.

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Crypto-News-Flash

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Litecoin, Hedera ETFs Likely to Arrive Before Solana and XRP, Say Bloomberg Analysts

  • Litecoin and Hedera ETFs are expected to launch first due to fewer regulatory hurdles, while Solana and XRP face delays linked to legal challenges.
  • Market demand for Litecoin and Hedera ETFs remains uncertain, with only limited issuer interest compared to multiple filings for XRP and Solana ETFs.
  • Once Bitcoin-Ethereum combination ETFs gain traction, analysts believe Litecoin and Hedera ETFs will follow, citing fewer regulatory complications.
  • Solana and XRP face significant regulatory hurdles, including unresolved legal issues, which may delay their ETF approvals.

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Newsbtc

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Why XRP Is A Long-Term Gem, According To A Wealth Guru

  • Linda Jones, a financial expert and wealth mentor, believes XRP is a good long-term investment due to its potential to change finance.
  • XRP's popularity is growing among financial institutions, with over 300 major institutions adopting the XRP Ledger, enhancing its legitimacy and usefulness.
  • The expected approval of a spot XRP Exchange-Traded Fund (ETF) could attract more institutional investors and increase demand for XRP.
  • Ripple's legal triumph against the SEC and potential regulatory changes under Donald Trump's return to the political spotlight are boosting investor confidence in XRP.

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Bitcoinsensus

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Now that RLUSD is Live — What Will be its Role in The Ripple Ecosystem?

  • Ripple Labs' stablecoin RLUSD is now live on Ethereum and the XRP Ledger.
  • RLUSD is active on exchanges like Bitso and Bitstamp, contributing to the increased value of XRP.
  • The stablecoin aims to drive liquidity, facilitate cross-border transactions, and integrate with DeFi protocols.
  • RLUSD is backed by U.S. dollar deposits, government bonds, and performs regular audits for transparency.

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TronWeekly

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Ripple’s RLUSD to Debut on Dec. 17 Experts Warn of Early Volatility Risks

  • Ripple is set to launch its USD-denominated stablecoin, RLUSD, on December 17, 2024.
  • RLUSD will be integrated with both the XRP Ledger and Ethereum blockchains.
  • The stablecoin's reserves will consist of US dollar deposits, government bonds, and cash equivalents.
  • Ripple plans to use RLUSD for global payments, cross-border settlements, liquidity access, and collateralization.

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TheNewsCrypto

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XRP Faces Selling Pressure as RLUSD Launch Triggers $28M Exchange Inflow Surge

  • XRP exchange inflows surge to $28 million as RLUSD global launch approaches.
  • MACD signals indicate increasing bearish momentum in XRP.
  • Technical analysis suggests a potential 10% correction in XRP's price.
  • Despite positive news, investors are selling XRP in anticipation of profit realization.

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Newsbtc

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XRP Consolidation Could End Once It Clears $2.60 – Top Analyst Expects $4 Soon

  • XRP has entered a consolidation phase after reaching a multi-year high of $2.90 during the first week of December.
  • Prominent analyst Ali Martinez suggests that XRP needs to overcome the $2.60 resistance level to trigger a potential rally.
  • The $2.60 resistance level has become a critical battleground for XRP, determining whether it will reach new highs or face a potential reversal.
  • Investors are closely watching for XRP's next major move as it lingers in consolidation, with potential for bullish breakout or deeper correction.

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Crypto-News-Flash

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XRP Technicals Look Bullish as Expert Predicts $1.2T Future

  • XRP experienced a strong rally, rising nearly 500% from mid-November to early December, with analysts staying bullish for the long term amid a healthy token structure.
  • CrediBULL predicts XRP could surge to $22 by early 2025, marking a 784% increase from its current price.
  • Analysts are turning bullish on XRP price with the launch of Ripple's RLUSD.
  • CrediBULL Crypto suggests XRP's market capitalization could reach $1.2 trillion during the current bull cycle.

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Crypto-News-Flash

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Dogecoin Creator Names Top 5 Cryptos, XRP Fails to Impress

  • Billy Markus, co-creator of Dogecoin, has named his top five favorite cryptocurrencies.
  • His top picks include Dogecoin, Bitcoin, Avalanche, Ethereum, and Solana.
  • Markus mentioned that he does not currently own any XRP.
  • He cited Ethereum's high gas fees as a concern.

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Bitcoinist

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Crypto Analyst Predicts XRP Price Will Be $5 By January, Reveals When Price Will Cross $10

  • Crypto analyst Cryptoinsightuk predicts that XRP price will reach $5 by the end of 2024.
  • The analyst also expects XRP to cross $10 between January and March 2025.
  • Recent poll results show strong bullish sentiment for XRP, with 25.6% of voters believing it could surpass the $5 mark.
  • XRP is currently trading at $2.42, up 4.4% in the past 24 hours and 14.5% in the past seven days.

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Crypto-News-Flash

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XRP Price Prediction for Christmas—Here’s What Experts Think

  • XRP price surged by 12.5% in the last 24 hours, reaching $2.69.
  • CryptoInsightUK predicts XRP could hit an all-time high of $5 by the end of 2024 and potentially reach double digits in 2025.
  • XRP whales have accumulated over 830 million XRP, indicating strong market interest.
  • Crypto trader Peter Brandt suggests XRP forming a bullish pattern that could push the price to $5 in January 2025.

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Crypto-News-Flash

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Ripple News: RLUSD Stablecoin Launches December 17, Fuels XRP Rally

  • Ripple has unveiled its RLUSD stablecoin, set to launch on December 17, backed by NYDFS approval.
  • RLUSD aims to drive stablecoin adoption and boost XRP's market growth.
  • Ripple's strategic partnerships and XRP ETF filings indicate increasing institutional confidence.
  • The RLUSD announcement has already triggered a price surge, pushing XRP to $2.67.

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Bravenewcoin

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Ripple CTO Warns of Potential Price Volatility for RLUSD Ahead of Launch

  • Ripple CTO, David Schwartz, warns of potential price volatility for RLUSD ahead of its launch.
  • Pre-launch speculation may lead to inflated valuations for RLUSD, but Schwartz assures that prices will stabilize around $1.
  • Schwartz urges investors not to engage in fear-of-missing-out (FOMO) behavior and emphasizes that RLUSD is designed for stability, not speculation.
  • Ripple has not announced a specific launch date for RLUSD, but recently received regulatory approval from the NYDFS.

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