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Crypto-News-Flash

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Cardano Founder Confirms Midnight Airdrop Will Reach 37 Million, Including XRP Holders

  • Cardano founder, Charles Hoskinson, confirms that the Midnight airdrop will reach 37 million users, including XRP holders.
  • The airdrop will distribute NIGHT and DUST tokens to users across multiple blockchains.
  • Midnight aims to advance the 'fourth generation' of blockchain by prioritizing secure, private, and compliant data interactions.
  • The airdrop highlights the collaboration between the Cardano and XRP ecosystems.

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Crypto-News-Flash

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Ex-Ripple Developer Says IPO Might Not Be in the Cards for Ripple

  • Former Ripple developer, Matt Rosendin, stated that Ripple plans to stay private and an IPO may not be on the table.
  • Rosendin mentioned that Ripple has no incentive to go public and believes that Circle is more likely to pursue an IPO.
  • Ripple CEO, Brad Garlinghouse, has given conflicting opinions on whether the company will go public.
  • Ripple's growth strategy focuses on acquisitions and partnerships, with no plans for an IPO according to Ripple's President, Monica Long.

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TronWeekly

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XRP’s Long-Term Chart Hints at Explosive Rally, Analyst Eyes $30 Target

  • XRP surged over 15% following Trump’s 90-day tariff pause announcement.
  • Elliott Wave analysis predicts XRP could reach $20 in Wave 3, $30 in Wave 5.
  • Short-term resistance at $2.11 may lead to $2.41-$2.60, while support lies around $1.47.
  • XRP has experienced an impressive increase in value over the past 24 hours, reflecting renewed investor confidence.

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TheNewsCrypto

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XRP Records 8.36% Surge to $1.98: Is $20+ Within Reach by 2025?

  • XRP recorded an 8.36% surge to $1.98, reaching a market cap of $115.47 billion.
  • Fibonacci retracement levels and higher lows indicate potential growth, with a projected rise to $16.5+ by 2025.
  • XRP's recent market action suggests a potential breakout above $20 by 2025.
  • The volume for XRP in the last 24 hours was $8.4 billion, with 58.27 billion tokens circulating in the market.

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TheNewsCrypto

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ExoraPad Presale Enters Final Hours To End Of Presale as XRP Eyes $3—Join the XRP DeFi Revolution

  • The ExoraPad presale is entering its final hours, offering crypto investors a chance to secure their stake in a DeFi platform for the XRP Ledger.
  • With over 95,000 XRP raised, the ExoraPad presale has attracted attention from investors and XRP whales.
  • ExoraPad is an AI-powered launchpad and analytics ecosystem tailored for tokenizing Real World Assets (RWAs) and leading projects on the XRP Ledger.
  • Benefits of participating in the presale include immediate listing upside, early access to new projects, staking opportunities, and revenue sharing.

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Cryptopotato

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XRP Soars 10% to $2, BTC Gains Over $6K After Tariff Pause (Market Watch)

  • BTC jumped to over $83,000 after the tariff pause for almost all countries.
  • XRP surged 10% leading the gains among larger altcoins.
  • Bitcoin's market cap has reached $1.620 trillion with dominance over 60%.
  • The total crypto market cap added over $100 billion and is close to $2.7 trillion.

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Newsbtc

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XRP Price Forms Rounded Bottom Within Descending Channel, Target Set Above $3

  • The XRP price has formed a rounded bottom within a descending channel.
  • The bottom trend line of the descending channel is acting as strong support for XRP.
  • The main level of support is at $1.6, with entries recommended at $1.70 to $1.85.
  • If bullish momentum continues, the XRP price could target $3.3062.

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Cryptopotato

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Important Ripple v. SEC Lawsuit Update Coming on April 16?

  • The Ripple community is awaiting developments on April 16, as Ripple's appellate brief is due.
  • Legal expert Fred Rispoli suggests there's a 90% chance of a settlement or withdrawal notice.
  • The US attorney believes Ripple made the announcement about the dropped appeal without written assurances from the SEC.
  • A recent court filing by Justin W. Keener has become a bone of contention between Ripple and the SEC.

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TheCryptoBasic

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Here’s the Next Factor That Could Impact XRP Price After the Tariff Pause

  • XRP investors are now focusing on macroeconomic triggers like tariffs and rate cuts.
  • President Donald Trump declared a 90-day suspension of most newly introduced tariffs, causing a positive reaction in financial markets and the crypto market.
  • The XRP community sees potential for XRP with the U.S. Federal Reserve's upcoming interest rate decisions as rate cuts are typically viewed as injections of liquidity that could positively impact risk assets.
  • While the impact of rate cuts on the crypto market can vary, a positive macro backdrop could provide a strong liquidity tailwind for XRP and the broader market.

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NullTX

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Ripple’s Surge in February: Retail Momentum Drives Volatility and Raises Concerns

  • In February, Ripple experienced a surge in capital, with its Realized Capital almost doubling to $64.2 billion, driven by an influx of new retail investors.
  • The retail interest in XRP has since cooled off after peaking in February, with a noticeable decrease in new buyers entering the market.
  • A significant portion of the Realized Capital comes from XRP held by new investors, indicating heightened market fragility and potential for losses.
  • Ripple's profit/loss ratio has been declining, suggesting weakening investor confidence and difficulty in turning profits at higher cost bases.
  • The concentration of newer XRP holders at higher price levels increases the market's vulnerability to sharp price movements and panic selling.
  • The market structure of XRP appears top-heavy, with a larger portion of supply held at recent high prices, posing risks for potential price drops.
  • The surge in retail participation in February could lead to unsustainable price levels, with a potential for sharp declines if sentiment shifts.
  • XRP's market sentiment remains uncertain, with concerns about potential panic selling among newer holders and the overall fragility of the market.
  • The recent developments in XRP since the beginning of 2023 raise warning signs for Ripple and the broader crypto market, emphasizing the need for cautious investment strategies.
  • The market's vulnerability to sharp price movements highlights the importance of thorough research and risk assessment for XRP investors in the current volatile landscape.

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Bitcoinist

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XRP To Flip Bitcoin This Cycle? Analyst Points To Major Bounce

  • XRP price has the potential to flip Bitcoin's market cap during this bull cycle, according to a crypto analyst.
  • The recent breakdown in Bitcoin dominance is seen as a catalyst for altcoin season, including XRP.
  • The analyst predicts that XRP will overtake Bitcoin in market capitalization around September, with fresh all-time highs in sight.
  • Macroeconomic factors and geopolitical catalysts are expected to fuel XRP's growth, including speculation around Trump's second Presidency and the rise of Tether stablecoin.

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Newsbtc

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XRP Primed for a Comeback as Key Technical Signal Hints at Explosive Move

  • XRP is showing signs of a calculated shift in momentum.
  • Technical indicators like RSI and MACD are aligning, hinting at a potential breakout.
  • Analyst Javon Marks points out that XRP's MACD is approaching a critical breaking point, showing a potential bullish crossover.
  • Key breakout zone is around $1.97; if surpassed, XRP could rally towards $3.30+ range.

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Cryptopotato

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Here’s How XRP, TRX Defy the Current Market Turmoil: Glassnode

  • Over 80% of the circulating supply of TRON (TRX) and Ripple's XRP is still held in profit despite market turmoil.
  • TRX and XRP have emerged as pockets of resilience in the crypto market amidst massive sell-offs and losses in other assets.
  • 84.6% of TRON's circulating supply and 81.6% of XRP's supply are in profit despite small percentage point declines this year.
  • In contrast, Ethereum (ETH) and Solana (SOL) have a majority of their respective supplies in loss, with only 44.9% and 31.6% in profit.

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Crypto-News-Flash

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Coinbase Endorses XRP for Financial Institutions Due to ODL Capabilities

  • Coinbase endorses XRP for financial institutions, highlighting its ODL capabilities.
  • Coinbase plans to list XRP futures contracts on its derivatives trading platform.
  • XRP is gaining popularity as a payment option, with 80% of Japanese banks integrating it into their financial systems.
  • Multiple major financial institutions are testing XRP for real-time payments.

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Livebitcoinnews

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SEC Rejects New Evidence in Ripple Lawsuit

  • The SEC opposes a request to present new evidence in the ongoing lawsuit against Ripple Labs.
  • SEC provides three objections to the petition, stating that it cannot be dealt with by the district court due to an ongoing appeal, the petitioner violated proper procedure, and Ripple should be responsible for presenting evidence directly to the court.
  • The SEC has formally requested Judge Torres to reject the motion for new evidence.
  • The ongoing legal battle has not hindered the rising trading volume of XRP, with trading volume surpassing $21.62 billion in a single month.

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