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Ripple News
Newsbtc
6d
78
Buy XRP Before It Explodes To $1,000, Market Expert Says
- XRP market expert BarriC suggests buying XRP before it reaches $1,000, citing its current price of $2.39 as a bargain.
- BarriC predicts XRP to surge to $10 first and eventually hit $20, representing a potential seven-fold gain for buyers getting in below $3.
- Despite the optimistic outlook, BarriC warns of a possible 50% drop in XRP's price to $5-$10 after reaching $20, presenting a new buying opportunity.
- Long-term vision for XRP includes it being used by banks for daily money transfers, possibly driving the price to $1,000 within 10 years and reaching a market cap of over $58 trillion.
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Bitcoinist
6d
354
Image Credit: Bitcoinist
XRP Price Is Now Targeting $4 After Reversal From ‘Buy Zone’
- XRP price is aiming for $4 after a bullish reversal from the buy zone.
- Analysis indicates XRP's bullish structure building from the $0.85 to $1.00 range.
- Technical indicators suggest potential rise to $4, with resistance at $3 being a key hurdle.
- TradingView analysis suggests a secondary accumulation phase before targeting $3, followed by a move towards $4.
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Bitcoinist
6d
281
Image Credit: Bitcoinist
CME Group Bets Big On XRP—Institutional Demand Is Surging
- CME Group has shown strong confidence in XRP as a core element of its digital-asset strategy, launching full-size and micro futures in response to institutional demand.
- The choice of XRP is backed by its prominent market cap, active trading in the spot market, and robust use case including fast settlement and low fees.
- The micro XRP futures contract represents 2,500 tokens, while the standard contract is 50,000 tokens, both margin-offsettable against Bitcoin and Ether products.
- Institutional interest in XRP futures is increasing, with ETFs expected to utilize futures for create-and-redeem cycles to support the ETF ecosystem.
- CME's move into XRP futures aligns with a broader trend towards centralized, regulated crypto venues for trading, leveraging regulatory tailwinds and client familiarity.
- CME's upcoming spot-quoted futures for various assets, including XRP, aim to provide users with easy exposure to headline prices and traditional futures structure.
- The XRP market's depth, quick settlement, and regulated derivatives curve contribute to creating a strong use case for both size contracts.
- CME's approach signifies a shift towards a diversified portfolio outlook in the crypto space, recognizing the coexistence of various protocols like Solana, Ether, and XRP.
- This move acknowledges XRP's enduring presence in the digital-asset ecosystem and its significance beyond ideological debates.
- XRP was trading at $2.43 at the time of the article, with CME Group's embrace of XRP underscoring its growing importance in the crypto market.
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Zycrypto
6d
165
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$100 XRP Price Prediction Shows Wall Street’s Growing Appetite as Institutional Money Floods XRP
- XRP is showing signs of bullish reversal with a V-bottom pattern and eyes a breakout towards $2.3730 resistance.
- The cryptocurrency has surpassed the key resistance level of $2.37 and was up 5.3% in the past month, trading at $2.38.
- Inflows into XRP ETFs have surged, showcasing Wall Street's interest as leveraged inflows into XRP ETF have increased despite a price dip.
- The XRP community remains optimistic that the altcoin will experience significant growth and reach the $100 price level once banks start utilizing it.
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Crypto-News-Flash
6d
115
Image Credit: Crypto-News-Flash
XRP Ledger to Unveil New Features—What It Means for the XRP Community
- XRP Ledger is introducing extensions to incorporate smart contracts directly within its system to enhance decentralized financial services.
- Upcoming developments on the XRP Ledger include an EVM-compatible sidechain, new lending tools, and compliance features aimed at expanding DeFi use.
- The XRPL development process involves testing new features through different networks (Testnet, Devnet, and temporary networks) to gather feedback and enhance functionalities before full deployment.
- Notable features being tested include Batch Amendment for bundling transactions, Account Permission Delegation, multipurpose tokens, Smart Escrows, decentralized identity improvements, and a U.S. dollar-backed stablecoin to enhance liquidity and stability on the XRP Ledger.
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TheNewsCrypto
6d
368
Black Swan Capitalist Projects $5,000 XRP Investment Could Reach This High
- Versan Aljarrah, co-founder of Black Swan Capitalist, presented a scenario where a $5,000 XRP investment could potentially reach $75,000 with a 15x multiplier.
- The investment of $5,000 at the current price of $2.38 could buy around 2,101 XRP, according to the analysis.
- The most optimistic projection sees XRP reaching $35.70 with a $2 trillion market cap, potentially making it as valuable as top tech companies like Google and Amazon.
- The projections outline various price scenarios for XRP, ranging from conservative estimates to more ambitious targets, with potential outcomes based on XRP’s price performance.
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Crypto-News-Flash
6d
8
Image Credit: Crypto-News-Flash
Crypto News: Bitcoin Slows Down—Are XRP, Solana, and Cardano Leading a New Altcoin Rally?
- Bitcoin's momentum is slowing down, leading to a potential altcoin season.
- XRP, SOL, and ADA are showing an uptick in prices, outperforming BTC in the past 24 hours.
- Analysts predict XRP and Solana to lead the altcoin rally, with XRP potentially rallying between $3 and $8.
- Altcoins like XRP gaining regulatory clarity and Solana showing optimism for a potential ETF launch signal a shift towards altcoins.
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Cryptoticker
6d
53
Image Credit: Cryptoticker
Top 3 Altcoins Ready to Explode
- Traders are shifting focus to altcoins with breakout potential as Bitcoin and Ethereum stabilize.
- Worldcoin (WLD) has shown strong bullish behavior with a potential 30% upside if it breaks above $1.57.
- Jupiter (JUP) is displaying renewed strength with a bullish trend reversal signal.
- XRP is holding within a bullish structure and could see upside towards $3 if it surpasses $2.55.
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TheNewsCrypto
7d
223
SEC Delays XRP & LTC ETFs, TRX Fund Makes Progress
- SEC delays decision on XRP and Litecoin ETFs, extending review past May 26.
- TRX staking ETF gains recognition, indicating potential innovation approval.
- Top market analyst suggests ETF approvals unlikely before Q4.
- SEC shows cautious approach with delays, highlighting regulatory complexities in the crypto ETF space.
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Crypto-News-Flash
7d
190
Image Credit: Crypto-News-Flash
Ripple ETF Launch Could Flip $5K in XRP into $34K — Analyst Predicts 580% Surge
- XRP futures ETF launch on May 22 has attracted significant institutional demand, with analysts predicting a 580% surge in XRP prices.
- The launch of the first XRP Futures ETF called XRPI is a significant development for institutional crypto products, providing exposure to XRP without direct token ownership.
- XRP open interest has surpassed $4.96 billion, indicating growing demand from traders and institutions, with ProShares and Teucrium expanding their XRP ETF offerings.
- Price targets for XRP are reaching $15, driven by historical trends and technical projections, and regulatory clarity from legal hurdles is seen as a catalyst for a potential breakout in XRP prices.
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Cryptopotato
7d
178
Image Credit: Cryptopotato
Ripple Price Analysis: What XRP Needs to Break Out of Consolidation
- XRP has been showing signs of quiet accumulation within a broader consolidation structure.
- XRP/USDT pair remains tightly compressed inside a descending channel with key support at $2.40-$2.30.
- A daily candle close above $2.80 may trigger bullish continuation towards $3 and $4.
- Against Bitcoin, XRP is hovering just above key support at 2200 SAT, showing a bearish bias unless reclaiming 2400 SAT and breaking out of the descending channel.
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Crypto-News-Flash
7d
325
Image Credit: Crypto-News-Flash
Ripple and XRP Collaborations with Four Top Banks Revealed in Key Report
- Major U.S. banks are considering a joint stablecoin project that may involve Ripple for settlement support, given its strong track record in regulated digital finance.
- JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo are reportedly exploring the release of a joint stablecoin, potentially revolutionizing digital payments processing in the financial sector.
- Ripple's XRP Ledger, known for its energy efficiency and quick cross-border settlements, is seen as a suitable option for bank-sponsored stablecoins looking to integrate with existing infrastructure and digital platforms.
- Ripple's previous collaborations with major U.S. banks, coupled with its compliance-focused approach and legal clarity, position it favorably as banks navigate the evolving regulatory landscape and consider digital asset partnerships.
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Crypto-News-Flash
7d
24
Image Credit: Crypto-News-Flash
Major U.S. Banks Join Forces on Stablecoin Initiative—JPMorgan, Citibank, and More Involved
- Major U.S. banks like JPMorgan, Citibank, and others are considering entering the stablecoin market with the GENIUS Act's Senate approval.
- The initiative aims to release stablecoins secured by real assets but is awaiting regulatory clarity from Congress.
- This potential partnership would put American banks in competition with established digital asset firms in the stablecoin industry.
- Stablecoins tied to fiat currencies like USD are gaining popularity, with institutions exploring their use for cross-border payments and financial growth.
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Crypto-News-Flash
7d
190
Image Credit: Crypto-News-Flash
DTCC Patent Reveals Tokenized Settlement Plan Featuring Ripple (XRP) and Stellar (XLM)
- DTCC files patent integrating XRP and Stellar (XLM) for tokenized settlement to manage digital liquidity tokens.
- The patent focuses on tokenizing liquidity, proposing a programmable mechanism on-chain for market-making functions between assets.
- DTCC recognizes XRP and XLM as compatible networks within its cross-ledger liquidity framework, aiming to reduce transaction costs and support cross-chain fund entry and redemption.
- The inclusion of XRP and XLM aligns with the goal of building a compliant, multi-network asset framework for efficient operations across platforms as part of DTCC's move towards programmable market infrastructure.
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Crypto-News-Flash
7d
8
Image Credit: Crypto-News-Flash
First Ledger Dismisses XRP Price Concerns, Declares ‘XRP Is the Standard’
- First Ledger, a decentralized exchange on XRPL, has stated that 'XRP is the standard,' supported by industry experts.
- Bitcoin surpassed $110,000, setting a high standard for other tokens. Ripple's investors hope for an XRP surge similar to Bitcoin's.
- XRP saw a significant price surge in late 2024, reaching around $3.40 before entering a corrective phase and consolidation.
- The value of XRP goes beyond price, focusing on technology and utilities. Recent developments include EURØP stablecoin launch on the XRP Ledger.
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