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Search Results for: ripple

Is Ripple (XRP) Headed for a Significant Breakout?

Today, the global cryptocurrency markets saw a modest uptick, with Ripple’s XRP showing a 2.62% gain over the past 24 hours, rising from a recent low of $0.4678 to a high of $0.48. This follows a recent dip, prompting speculation among analysts of a potential bullish reversal.  At the time

June 28, 2024 2 mins read

Ripple (XRP) Price Poised for a 100% Surge as Accumulation Phase Nears Completion

After sustaining an elevated level for more than 20 months, the XRP price has recently encountered significant bearish pressure, causing the bulls to struggle to defend crucial support levels despite a decrease in selling pressure. However, the market trend is expected to shift in the near future as the accumulation

June 27, 2024 2 mins read

Ripple Supply on Exchanges Hits Lowest Level Since January: XRP Price Reacts

The total number of Ripple (XRP) tokens held across various cryptocurrency exchanges has reached a major milestone, with the current supply amounting to 2.84 million XRP, which is equivalent to $1.34 million at current market prices. This figure represents the lowest amount of XRP tokens held on exchanges since the

June 26, 2024 2 mins read

XRP Trading in Red Amid Ripple vs SEC Settlement Speculations

As the Ripple vs SEC XRP case continues, rumors of a potential settlement between the two giants continue to circulate. The Ripple case has been sent to settlement negotiations by a U.S. district court. The move follows Judge Phyllis Hamilton’s decision to reject many class action lawsuits. While permitting the

June 21, 2024 1 min read

Ripple Contends New Lawsuit In California Post Winning the SEC Case

Ripple Labs, a subsidiary of Ripple, witnesses a securities case filed against the company in California. The new lawsuit targets Ripple CEO, Brad Garlinghouse alleging him of ‘misleading statements’ in a 2017 interview regarding XRP’s designation as a security. The cryptocurrency firm recently celebrated a partial win against the SEC

June 21, 2024 2 mins read

Ripple Analyst Predicts XRP Price to Reach $20 by 2026, Citing Five Factors

In his recent commentary on X, analyst Pantoja shared his outlook on XRP’s price trajectory, asserting that the cryptocurrency’s true value lies within the $8 to $20 range, which he believes will become a reality by 2026. The analyst also expressed his unwavering confidence in XRP, stating that engaging with

June 19, 2024 2 mins read

Ripple CLO Evaluates SEC’s Retraction of ‘Absurd’ $2B Penalty Demand

Stuart Alderoty, chief legal officer of Ripple, has offered fresh commentary on the United States Securities and Exchange Commission’s (SEC) most recent filing after a contentious week in the case. An announcement of a settlement between the regulator and insolvent Terraform Labs kicked off the drama this week. The parties

June 16, 2024 2 mins read

Ripple Announces Major CBDC Collaborations with 10 Nations

The CEO of Ripple (XRP), Brad Garlinghouse, has announced a significant partnership with ten separate nations to create their CBDCs. The specifics of these collaborations are still under wraps, but they all have one goal: to use Ripple’s blockchain technology to make the world’s financial institutions safer and more efficient.

June 16, 2024 2 mins read

Ripple CEO Unveils Anticipated Stablecoin Name at XRP Ledger Community Summit’24

Ripple CEO Brad Garlinghouse announced the company’s much-anticipated new stablecoin, Real USD (RLUSD). Which happened at the XRP Ledger Community Summit 2024 (XRPL Apex) in Amsterdam. Further, the announcement was made during his keynote speech. That emphasizes Ripple’s ongoing journey with stablecoins and its dedication to expanding its ecosystem. Garlinghouse

June 12, 2024 2 mins read