XRP failed in its attempt to turn the $0.57 level into support over the weekend as bears continued to apply intense downside pressure. The token has shed nearly 7% over the past week and currently trades around $0.54 following another 2% daily slump. The broader crypto retreat has engulfed XRP
In the continuing legal struggle between XRP and the SEC, Ripple, the firm behind the token, is pushing back. The newest development is that Ripple has opposed the SEC’s most recent request for post-complaint discovery. The crux of the matter is the SEC’s request that Ripple provide more records and
XRP finds itself at a pivotal moment, theoretically days away from a major price breakout or breakdown. The cryptocurrency has formed a symmetrical triangle pattern on its chart as buyers and sellers fight for control. XRP has been confined to the triangle structure since its surge to 2023 highs of
XRP stands in the top 10 coins with marketcap and enjoys massive limelight from investors. Though many are optimistic, some mature crypto analysts believe it to be overvalued which creates space for new tokens like Option2Trade (O2T). Is XRP Overvalued? Ripple XRP is the native token of XRP Ledger launched
The XRP ecosystem has not seen any significant fundamental developments that might propel the token beyond its present impasse. It is clear that XRP is in a far deeper downturn than its rivals since its price has fallen by 14.19% in the last month. On January 10, a whale transferred
Three tokens under $1 are creating waves in the crypto space, promising to turn a modest investment of $1 into a potential $10 windfall. Cardano (ADA), Retik (RTK), and XRP, shedding light on their unique features, recent developments, and the factors that make them stand out in a crowded market.
XRP is presently navigating a major tussle between optimistic and pessimistic sentiments as it attempts to finish the year on a positive note. It is currently exchanging hands at $0.6309, reflecting a 1.08% decline over the last 24 hours. In spite of this temporary setback, some XRP enthusiasts are clinging
The XRP Ledger experienced a massive spike in on-chain activity over the past day, with the number of daily transactions rocketing 350% to reach approximately 4.11 million. This staggering level smashes the ledger’s previous record high, set in November 2021. Behind the influx lies a controversial new NFT minting project
XRP is now witnessing a surge in market activity due to large-scale whale transactions. 20 million XRP tokens, worth $12.6 million, were sent to Bybit by an unidentified sender. But that wasn’t the end of this whale’s play. Two further substantial transactions took place within a 12-hour timeframe. In the
Former Ripple Director Matt Hamilton has set the cryptocurrency community abuzz with a revelation. He stated that Ripple might wield the ability to burn all XRP stashed in its escrow wallets. This intriguing possibility has introduced a fresh layer of complexity to Ripple’s protracted legal clash with the U.S. Securities
