Ripple’s RLUSD stablecoin has experienced a remarkable 170% increase in trading volume over the past 24 hours, reaching $33.67 million and boosting its market cap to $53 million. This surge coincides with growing concerns over Tether’s USDT, which is facing significant regulatory challenges in Europe. The EU’s MiCA regulations have
XRP finds itself at a challenging crossroads as the year draws to a close, with the coveted $3.00 milestone remaining elusive. The cryptocurrency’s prolonged consolidation phase suggests that investors may need to temper their expectations for immediate price appreciation as technical and network metrics paint a complex picture for early
Ripple (XRP) recent price action presents an interesting dichotomy between short-term weakness and longer-term strength. The cryptocurrency has experienced a significant 24% correction from its recent high near $2.6, bringing it below the psychologically important $2 level at one point. This decline has created a complex market structure that requires
Ripple’s RLUSD stablecoin has officially debuted on Singapore’s first licensed crypto exchange, Independent Reserve (IR). The stablecoin became available on December 22, 2024, for trading against the Singapore dollar (SGD) and the US dollar (USD). This launch highlights Singapore’s growing role as a hub for crypto innovation and regulation. Independent
Stuart Alderoty, chief legal officer of Ripple, has openly demanded the termination of SEC v. Ripple on the fourth anniversary of the case. In addition, he asked the soon-to-be Trump administration to fix the problems caused by William “Bill” Hinman, a former SEC official who made misleading regulatory claims that
As Ripple (XRP) continues to draw attention from investors and traders, a new challenger is emerging that could soon steal the spotlight. Lightchain AI (LCAI), currently priced at just $0.003, has been making waves among smart money investors thanks to its revolutionary technology and immense growth potential. With the Lightchain
Since November 6th, following Donald Trump’s victory in the U.S. presidential election, the global cryptocurrency industry has been more excited than any other industry. To validate this, prominent companies in the cryptocurrency industry show strong support for President-elect Donald Trump by pledging millions to his inauguration fund, signaling their belief
A major shift in cryptocurrency market dynamics has emerged as Bitcoin’s dominance experienced a 6% decline, with XRP capturing half of this movement through a 3% surge in its market share. This development marks a departure from traditional market patterns and suggests evolving trends in how capital flows through the
The U.S. Senate Banking Committee has canceled its vote on SEC Commissioner Caroline Crenshaw’s renomination. This decision effectively ends her tenure at the regulatory agency. Scheduled for December 18, the vote was called off due to a lack of legislative floor time, as confirmed by a Senate aide. 🚨BREAKING: A
As Ripple prepares for the global launch of its RLUSD stablecoin, XRP experiences an interesting market dynamic where positive news has paradoxically triggered increased selling pressure. This phenomenon, while seemingly counterintuitive, reveals important insights about market psychology and short-term price movements. XRP Exchange Inflow Analysis The surge in exchange inflows
