XRP’s Daily Transfer Volume Surges After Trump’s Re-Election
XRP Sees Increase in Network Activity but Trails Bitcoin and Ethereum XRP (XRP$2.12), the native cryptocurrency of the XRP Ledger (XRPL), has long been promoted as a high-speed, low-cost solution for cross-border payments. Recent data suggests a surge in its daily settlement volume, particularly following Donald Trump’s re-election as US
XRP Faces Uncertain Future as Key Support Levels Come Under Threat
XRP Bulls Defend $2.40 Amid Market Caution XRP has seen a modest recovery over the past 10 days, rising nearly 7% amid a broader crypto market rebound and the conclusion of Ripple’s long-running legal battle with the US Securities and Exchange Commission (SEC). Despite this, concerns remain over its ability
Will These Events Cause the Price of XRP to Break Out at $4.35?
XRP price saw a 400% jump in network activity after the SEC ended its Ripple lawsuit. Analysts eye a $4.35 breakout amid rising whale accumulation and ETF anticipation. XRP continued to trade near $2.45, holding firm after facing rejection at $2.60 earlier in the week. Despite macroeconomic headwinds, on-chain data
XRP Surges 10% as SEC Drops Ripple Lawsuit Appeal
Ripple’s long-running legal battle with the U.S. Securities and Exchange Commission (SEC) appears to be over, sending XRP soaring by 10%. The sudden announcement from Ripple CEO Brad Garlinghouse marks a major win for the crypto industry, signalling a shift in regulatory pressure under the new U.S. administration. Ripple Declares
Crypto ETP Outflows Hit Record $6.4B, but XRP Defies the Trend
The cryptocurrency investment sector witnessed a significant downturn, with exchange-traded products (ETPs) experiencing record outflows of $6.4 billion. However, XRP emerged as a rare exception, attracting strong inflows and boosting its total assets under management (AuM) to new heights. Crypto ETPs See Historic Outflows According to the latest CoinShares report,
Ripple CTO Defends XRP Sales Amid Investor Concerns
David “JoelKatz” Schwartz, the Chief Technology Officer (CTO) of Ripple, has defended the company’s right to sell XRP, stating that Ripple will always act in its own interest. His comments came in response to criticism that Ripple’s ongoing sales of XRP could negatively impact investors. “Ripple can, will, and should
Trump Names XRP, SOL, ADA in U.S. Crypto Reserve, Excludes Bitcoin
U.S. President Donald Trump revealed plans for a U.S. Crypto Reserve, naming XRP, Solana (SOL), and Cardano (ADA) as key assets. The decision, shared on his Truth Social platform, aims to strengthen the U.S. crypto industry and counter past regulatory crackdowns. Notably, Bitcoin (BTC) and Ethereum (ETH)—the two largest cryptocurrencies—were
Brazil Orders Sam Altman’s World to Halt Crypto Payouts for Biometric Data Collection
Brazil’s data protection authority has directed Sam Altman’s World, formerly Worldcoin, to cease offering cryptocurrency or financial rewards for collecting biometric data from its citizens.This directive, issued on January 24, 2025, comes after an investigation launched in November 2024, following the debut of the World ID project in Brazil. What
XRP Surges as Spot ETF Approval Odds Hit 80%
The price of XRP has been on a bullish streak, surging 50% from February’s lows to hit $2.78 on Friday. This marks its highest level this month, driven by rising expectations of a spot XRP ETF approval by the U.S. Securities and Exchange Commission (SEC). A Polymarket prediction market, with
XRP Struggles at $2.5: Will ETF Approval Trigger a Breakout?
XRP has been unable to break past the $2.5 resistance level for over a week, despite strong market interest. The cryptocurrency initially surged past $1 due to increasing banking adoption and positive regulatory sentiment. However, a market crash on February 3 caused XRP to plummet from $3 to $2.1, shaking
