Ripple recently sent a substantial amount of XRP tokens from its reserves to several different crypto wallets. The transaction, which involved approximately 150 million XRP worth around $66 million, has drawn attention from the crypto community, although it did not have an immediate impact on the price of XRP. Ripple’s
The overall crypto market, much to investor relief, has begun showing signs of price recovery. Leading cryptocurrencies have shown upward movements in price. Parallely, Ripple’s XRP also witnessed price hikes in Asian morning hours. The token recorded a 1.53% increase in price over the last 24 hours. Notably, it initially
The Ripple Network (XRP) experienced a remarkable surge in adoption rate on July 8, causing the total transaction count recorded on that day to reach levels last seen in February. This increase in user demand on the network also triggered a rally in XRP’s trading activity, with the altcoin’s daily
In the last day, Ripple’s XRP has seen substantial whale activity. As Ripple and the US SEC near the end of their legal fight, these movements have occurred at a crucial juncture. It also leads the community to believe that the XRP whales will be active again. A whale reportedly
XRP, the native cryptocurrency of the XRP Ledger (XRPL), has experienced a rollercoaster ride since reaching its all-time high (ATH) of $3.40 in January 2018. According to an analysis by crypto researcher Bitcoin Ape, Ripple is currently trading approximately 86% below its peak. Despite this downturn, XRP has managed to
As regulatory uncertainty continues to cast a shadow over crypto-related firms in the United States, defendants are closely monitoring the outcomes of their peers’ cases, seeking common denominators that could potentially influence their own legal battles. In this context, Attorney Fred Rispoli, a prominent Ripple (XRP) advocate, has recently provided
Ripple’s (XRP) price has been on a steady decline since it reached a year-to-date high of $0.72 on March 11, with the token’s value falling by 7% over the past month. This recent downward trend has led to the formation of a descending triangle pattern. XRP is now attempting to
The bears have successfully managed to limit the XRP price rally below certain levels, resulting in diminished interest among traders in the token. As both trading volume and volatility have decreased, the XRP price has maintained a steep descending trend, with no apparent signs of a bullish breakout on the
The majority of the allegations in a class action lawsuit involving XRP were dismissed, giving Ripple a major win in a recent legal development. The judge’s ruling in the Northern District of California Court reduced the matter to a minor state lawsuit over purportedly deceptive statements. The question of whether
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
