Ripple’s XRP has embarked on a notable upward trajectory since the week’s commencement, signaling a resurgence in buying sentiment within the cryptocurrency market. This positive price action coincides with a significant technological development: the expansion of Ethereum-compatible smart contracts to the XRP ledger. This enhancement promises to unlock new possibilities
Ripple, a leading blockchain-based digital payment network and protocol, has announced significant advancements in Korea and Japan. The company has forged valuable partnerships with a plan to enhance the adoption and functionality of blockchain technology across institutions in these regions. In a long X (Twitter) thread today, Ripple revealed that
Ripple’s Chief Legal Officer, Stuart Alderoty, has openly criticized the U.S. Securities and Exchange Commission (SEC) for its repeated use of the term “crypto asset security”. Alderoty in his X post stated, “The term ‘crypto asset security’ is nowhere to be found in any statute, it’s a fabricated term with
In the wake of Ripple unlocking 1 billion tokens from escrow, the price of XRP fell. This action aims to improve market predictability and transparency via a long-term plan for managing the token supply. Despite this goal, investors were understandably wary based on the market’s quick response. With its well-coordinated
Ripple’s XRP finds itself in a precarious position as its price continues to hover around the $0.60 mark, a level it has struggled to break free from for the past month and a half. This prolonged period of stagnation is gradually eroding bullish sentiment, potentially setting the stage for a
Ripple’s XRP has demonstrated remarkable stability in the face of a substantial token transfer to Binance, defying typical market reactions to such events. The movement of 33 million XRP tokens, valued at approximately $20 million, to a Binance wallet on Tuesday failed to trigger the expected market volatility. This muted
Ripple’s XRP has staged a remarkable comeback, breaching a critical resistance level that has historically acted as a bulwark against major corrections. This resurgence has ignited a wave of optimism among investors, aligning with observed patterns of positive market behavior and setting the stage for potential further gains. The Relative
Ripple’s XRP has staged a remarkable comeback, eyeing the $0.60 threshold for the first time in ten days and emerging as the top gainer among the cryptocurrency elite. This surge over the past 24 hours not only aligns with a broader market recovery but also raises intriguing questions about XRP’s
Ripple’s XRP token has emerged as a beacon of resilience amidst a sea of bearish sentiment engulfing the broader cryptocurrency market. Defying the prevailing downward pressure, XRP has charted a consistent upward trajectory, successfully maintaining its position above the critical $0.560 support level. In the face of heightened market volatility,
Ripple (XRP) has experienced a notable decline over the past week amidst mixed market conditions. This price action comes as a direct result of XRP holders capitalizing on the profitability of recent daily transactions, contributing to a sustained sell-off. The Market Value to Realized Value (MVRV) ratio, a key metric
