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TheNewsCrypto

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1Fuel’s Stage 2 Presale Filling Fast as XRP and Shiba Inu Build Momentum in Altcoin Season 

  • 1Fuel’s stage 2 presale is filling up rapidly and gaining investor confidence.
  • Ripple's XRP and Shiba Inu are showing impressive momentum in the altcoin season.
  • 1Fuel offers innovative features and growth potential, making it an attractive choice for investors.
  • 1Fuel's DEX wallet comes with advanced DeFi features and promises new functionalities.

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Crypto-News-Flash

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Ripple Welcomes Former RBI Governor and Ex-Fed Reserve CEO to RLUSD Advisory Board

  • Raghuram Rajan, former Governor of the Reserve Bank of India, has joined Ripple's RLUSD stablecoin advisory board.
  • The advisory board also includes prominent figures such as Sheila Bair, former FDIC Chair, David Puth, former CENTRE Consortium CEO, and Ripple co-founder Chris Larsen.
  • Rajan will provide guidance on regulations and financial and operational aspects to help RLUSD grow sustainably.
  • The appointments aim to enhance compliance with legal authorities and build confidence in digital financial systems.

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TheCryptoBasic

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Experts Say XRP Current Setup is Far More Bullish Than a Drop to $0.50

  • XRP remains in a strong uptrend according to market analysts.
  • XRP's current setup indicates a higher value, with 13 daily closes above $2.
  • Technical analysts argue that XRP's current pattern is far more bullish than the possibility of a drop to $0.50.
  • XRP is currently experiencing a renewed surge, gaining over 14% and trading at $2.71.

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Crypto-News-Flash

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RLUSD to Be Listed on Uphold with 5% Rewards—Will All XRP Users Benefit?

  • Ripple's RLUSD stablecoin will be listed on Uphold on December 18 with 5% rewards starting January 2025.
  • RLUSD is backed 1:1 by USD reserves and approved by NYDFS.
  • Uphold users holding RLUSD will be rewarded through Uphold's Rewards Center.
  • RLUSD will also be listed on other platforms such as MoonPay, Archax, and CoinMENA.

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Bitcoinist

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Analysts Predict 719% Rally for $XRP – Join Best Wallet to Ride Ripple’s Early Stablecoin Success

  • Ripple's XRP has seen a surge in value and investor confidence due to regulatory developments and the anticipation of looser US crypto regulations.
  • XRP's price has quadrupled since the 2024 US Election Day outcome, rising by 416% from $0.50 to $2.58.
  • Analysts predict a potential 719% rally for XRP following SEC Chair Gary Gensler's resignation.
  • Bitcoin and Ethereum exchange-traded funds (ETFs) have seen substantial inflows, with Bitcoin accounting for 87% of all inflows.

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Bitcoinsensus

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XRP Price Prediction: Will It Hit a New All-Time High?

  • XRP reacted to initial supply zones but is now pushing toward a higher supply level.
  • Two key scenarios: XRP could drop to grab liquidity below or rally straight to a new all-time high (ATH).
  • Markets remain unpredictable—stay adaptable and practice risk management.
  • XRP is currently at a crossroads, with two potential scenarios: dropping to grab liquidity below or continuing its bullish push towards a new all-time high.

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Crypto-News-Flash

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365

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Ripple Subsidiary Secures NYDFS BitLicense Approval

  • Ripple's subsidiary, Anchorage Digital NY, LLC, has been approved for a BitLicense by the NYDFS.
  • Anchorage Digital can now provide institutions in New York with secure and cost-effective trading solutions.
  • This approval sets a new standard for regulated crypto trading and reinforces Ripple's commitment to compliant digital asset infrastructure.
  • Ripple is also launching its stablecoin, Ripple USD (RLUSD), backed by U.S. government bonds and launching on global markets.

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Newsbtc

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800 Million XRP Moves Off Exchange: Bull Run Ahead?

  • A large-scale movement of 800 million XRP tokens from exchanges to unknown wallets has sparked discussions about a potential bullish trend in the market.
  • The move, facilitated by the NBTC, suggests strong confidence in XRP's future value and has historically been associated with positive price movements.
  • While there are bearish concerns and regulatory risks, the immediate price response to the transfer was positive, and investors are closely watching for further developments.
  • In the short term, XRP's price is expected to remain volatile, but there is potential for sustained growth and increased adoption in the long term.

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TheNewsCrypto

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Could the RLUSD Launch Ignite an XRP Bull Run?

  • XRP has gained over 4.27%, with its price trading at $2.51.
  • Ripple announced its RLUSD stablecoin will officially launch on Dec. 17.
  • Ripple’s XRP has surpassed Tether (USDT) to become the third-largest cryptocurrency by market capitalization.
  • The legal battle of Ripple with the U.S. Securities and Exchange Commission (SEC) had a favourable turn, likely renewing investor confidence and triggering XRP's recent rally.

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Cryptonews

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Ripple’s Stablecoin Launch to Boost XRP Activity, Will it See the Coin Fly Higher?

  • XRP has gained 300% and is approaching a new all-time high.
  • XRP Ledger wallet, Xaman, has seen a surge in activity with a 250% increase in users.
  • Open interest for XRP has reached a new all-time high.
  • The upcoming release of RLUSD, an on-chain stablecoin, is expected to boost XRP activity.

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Fintechnews

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Ripple Launches RLUSD Stablecoin on Global Exchanges Today

  • Ripple has launched its stablecoin, Ripple USD (RLUSD), on global exchanges today.
  • RLUSD is fully backed by US dollar deposits, government bonds, and cash equivalents, ensuring stability.
  • The stablecoin is initially available on Uphold, Bitso, MoonPay, Archax, CoinMENA, with plans to expand to other exchanges in the coming weeks.
  • Ripple aims to facilitate global adoption through partnerships, focusing on cross-border payments, DeFi integration, and liquidity access.

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Zycrypto

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Bitcoin and Ether Lead Top Crypto Gainers; Can BTC and ETH Inspire XRP, Solana, Cardano, Shiba Inu?

  • Bitcoin and Ethereum lead top crypto gainers in the market.
  • Bitcoin hits a new all-time high and attracts $2 billion inflows in the last 7 days.
  • Rising institutional volumes contribute to Ethereum's bullish speculations.
  • Traders anticipate wider fund flows to altcoins in the coming months.

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Cryptoticker

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XRP’s RLUSD Stablecoin Launches Tomorrow – What You Need to Know

  • Ripple is launching its fully-backed RLUSD stablecoin, which will offer a more stable value over cryptocurrencies like Bitcoin, making it ideal for cross-border payments and remittances.
  • RLUSD will be available on the XRP Ledger and the Ethereum blockchain, ensuring access across major crypto ecosystems.
  • Ripple has leveraged the speed and scalability of the XRP Ledger in deploying RLUSD, offering faster transactions with lower fees, and has secured support from high-profile advisors.
  • Ripple claims that every RLUSD token is fully backed by real USD reserves, ensuring complete transparency and offering an edge over Tether that has been criticized for its opaque reserve disclosures.
  • RLUSD is supported on both the XRP Ledger and Ethereum that increase liquidity and ensure users from both ecosystems can access the token.
  • Several platforms including Uphold, MoonPay, and Bitstamp will support RLUSD from day one, with more expected to follow, ensuring strong liquidity.
  • RLUSD's launch is seen as Ripple’s strategic move to boost the usage of XRP, not just for remittances but also for stablecoin payments.
  • With the additional liquidity and exposure from the RLUSD launch, XRP could see increased demand from both retail and institutional users.
  • The $140B stablecoin market is growing rapidly, with institutions looking for safe and transparent assets for cross-border payments, and RLUSD is Ripple’s opportunity to challenge the dominance of USDT and USDC.
  • Ripple is positioning RLUSD as a superior stablecoin that is faster, more secure, and more transparent than its competitors.

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Pymnts

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Ripple Prepares to Bring Stablecoin to Global Exchanges

  • Blockchain firm Ripple is set to launch its stablecoin, Ripple USD (RLUSD), on global exchanges.
  • RLUSD will be available from December 17th and initially offered on Uphold, Bitso, MoonPay, Archax, and CoinMENA.
  • The stablecoin aims to facilitate instant settlement of cross-border payments and provide liquidity for remittance and treasury functions.
  • Ripple Payments will use RLUSD to enable global payments for its enterprise customers in early 2022.

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Bravenewcoin

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Ripple CTO Warns of Initial RLUSD Volatility Amid Early Supply Shortages

  • Ripple CTO warns of initial RLUSD volatility amid early supply shortages.
  • Speculative pre-launch activity has caused inflated RLUSD price estimates, but it is temporary.
  • RippleUSD operates through a mint-and-burn mechanism to maintain a 1:1 USD peg.
  • Ripple CEO confirms RLUSD's upcoming debut, targeting institutional use and cross-border payments.

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