Ripple Labs is gearing up to make a significant move to consolidate its role in the digital asset arena by increasing its treasury by a significant margin. The blockchain payments company intends to raise $1 billion with the aim of buying XRP tokens to create a special digital asset treasury.
The crypto market’s largest assets, Bitcoin (BTC) and Ethereum (ETH), are hovering on the upside, with a brief bullish support. Notably, the Fear and Greed Index value is holding steady at 39, which reports that fear is lingering in the market. With the overall uptick in the market, Ripple’s native
XRP continues trading within a critical multi-year channel identified by Sistine Research, months after the firm projected a potential rally to $50 based on historical pattern analysis. The research house first published its long-term assessment in April, using weekly charts to compare current XRP price structure with patterns observed during
The trading day began with a brief spike in the market cap, which made all the major crypto assets chart green, modestly. Notably, the broader bearish trait is still alive. The largest tokens, like Bitcoin (BTC) and Ethereum (ETH), are hovering at around $111.2K and $4.2K. Particularly, Ripple’s XRP price
A brief spike of over 1.97% has settled down the crypto market cap at around $3.84 trillion. With this uptick, all major crypto assets across the market are riding the green waves. Meanwhile, the largest assets like BTC and ETH are trying to enter the bullish zone. Among the altcoin
The 3.32% loss within the crypto market has stalled the recovery attempts. The assets are bleeding in pain, shedding the recent gains. Bitcoin (BTC), the largest asset, is hovering $115.2K, while Ethereum (ETH), the largest altcoin, currently trades at $4.2K. Notably, Ripple’s XRP has been trapped in a bearish hold.
The day opened with a bear growl, with the crypto assets in painful red vibes. Assets are losing their ground, like waiting for heavy storm clouds. The overall market sentiment is greedy, as the Fear and Greed Index value settled at 60. Notably, Ripple’s XRP has slipped by over 2.06%,
The crypto market has posted a spike of over 3.11%, sending the market cap to $3.86 trillion. With the neutral market sentiment, the majority of the assets are charted in green, attempting a breakout to hit new highs. Notably, Bitcoin (BTC) is trading at $116.6K, and Ethereum (ETH) hovers at
XRP has made a great milestone by surpassing its all-time high that was recorded back in 2018. The altcoin has made an outstanding rally, reaching a high of $3.665. This explosion is a major breakthrough in the digital asset community in the world. The market capitalization of the token has
Market analyst EGRAG Crypto has highlighted an imminent decision point for XRP as the cryptocurrency trades near the apex of a multi-month falling wedge pattern. His recent “tick tock” commentary suggests limited time remains for the current consolidation phase, with chart analysis indicating XRP must soon break either upward or
