XRP News Archives - Page 2 of 19

Crypto Market Buzz: Unsubstantiated Rumors Stir Excitement Amidst BlackRock and JPMorgan Speculation, XRP Community Urged to Exercise Caution

23Nov

By Daniel AbangNo Comments

XRP News

Crypto Market Buzz: Unsubstantiated Rumors Stir Excitement Amidst BlackRock and JPMorgan Speculation, XRP Community Urged to Exercise Caution

In a volatile month for the cryptocurrency space, unsubstantiated rumours and speculation have once again taken centre stage, with a recent instance involving BlackRock and JPMorgan causing ripples across the market. The crypto community, particularly on X, was abuzz with excitement as discussions unfolded regarding a purported acquisition of millions of XRP by these financial giants. Read Also: Heco Bridge Hack: $86 Million in Cryptos Stolen, Justin Sun Assures Safety as Investigation Commences The October SEC-ETF Episode: Lessons Learned Reflecting on the recent past, it's clear that the crypto space remains susceptible to the impact of rumours. In October 2023, a false story about the U.S. Securities and Exchange Commission (SEC) approving a spot Bitcoin exchange-traded fund (ETF) ...

Argentina’s Pro-Bitcoin Shift Sparks Optimism for XRP Adoption in Economic Overhaul

21Nov

By CryptolifedigitalNo Comments

XRP News

Argentina’s Pro-Bitcoin Shift Sparks Optimism for XRP Adoption in Economic Overhaul

In a significant turn of events, Argentina's recent election of pro-Bitcoin candidate Javier Milei has ignited speculation about the future of cryptocurrencies, particularly XRP, within the country's economic landscape. Milei's bold plans to replace the Argentine Peso with the USD have raised expectations for increased crypto adoption, tapping into the growing recognition of digital assets as alternative financial instruments. Read Also: Pro-Crypto Attorney John Deaton Provides Insightful XRP Investment Advice Amid Fake BlackRock News https://twitter.com/JohnEDeaton1/status/1726399183614050723 Milei's Pro-Crypto Policies and Economic Outlook Javier Milei's election comes when Argentina is grappling with a staggering inflation rate of 143%. This economic challenge has driven many ci...

Pro-Crypto Attorney John Deaton Provides Insightful XRP Investment Advice Amid Fake BlackRock News

20Nov

By Daniel AbangNo Comments

XRP News

Pro-Crypto Attorney John Deaton Provides Insightful XRP Investment Advice Amid Fake BlackRock News

In a recent turn of events, the price of XRP experienced significant volatility following false reports that multi-trillion-dollar asset manager BlackRock had filed for an XRP-based spot exchange-traded fund (ETF). The fake news, initially shared by prominent crypto-friendly attorney John Deaton among others, underscored the cryptocurrency market's susceptibility to misinformation. Read Also: Shiba Inu (SHIB) Surges in Adoption as CoinGate Celebrates Second Anniversary Milestone However, John Deaton, known for his pro-crypto stance, took the opportunity to provide valuable advice to investors relying on his updates. Deaton emphasized that buying XRP solely based on positive news is not the most strategic approach. Instead, he offered insightful "financial advice" on when and how inve...

Ripple’s Lead Product Manager Clarifies: AMM on XRPL Won’t Alter XRP’s Tokenomics, But May Boost Utility

17Nov

By OLAJIDE SAMUELNo Comments

XRP News

Ripple’s Lead Product Manager Clarifies: AMM on XRPL Won’t Alter XRP’s Tokenomics, But May Boost Utility

In a recent exclusive interview with Eri, a prominent YouTuber and a key figure in the XRP community, Ripple's Lead Product Manager, Cooper, addressed concerns regarding the potential impact of Automated Market Makers (AMM) on XRP's tokenomics. The interview aimed to shed light on the implications of the forthcoming AMM launch on the XRP Ledger (XRPL). Reason Why AMM will affect XRP's tokenomics Eri questioned Cooper about the likelihood of the AMM affecting XRP's tokenomics upon its official launch on XRPL. This query stems from ongoing discussions within the XRP community, with some suggesting that the introduction of AMM could transform XRP into more of a stablecoin. To counter such assertions, crypto author Panos Mekras recently emphasized the immutability of XRP's tokenomics, deb...

EGRAG CRYPTO Identifies Critical Support for XRP at $0.55 Amidst Potential Bullish Momentum

16Nov

By OLAJIDE SAMUELNo Comments

XRP News

EGRAG CRYPTO Identifies Critical Support for XRP at $0.55 Amidst Potential Bullish Momentum

Renowned market analyst EGRAG CRYPTO has identified a crucial support level for XRP at $0.55, aptly named "Val Hell Gates which now stands as a pivotal battleground for the cryptocurrency. EGRAG CRYPTO's analysis underscores the significance of defending this level to sustain XRP's upward momentum, with a potential target of $1.98 on the horizon. The analyst's insights are rooted in a comprehensive examination of XRP's recent price movements, particularly focusing on the ongoing tug-of-war between bullish and bearish forces in the market. Read Also: Manny Pacquiao Foundation Teams Up with Shiba Inu to Revolutionize Philanthropy Through Blockchain EGRAG CRYPTO's recent analysis builds upon his earlier predictions, where he initially concentrated on the short-term outlook of XRP. Fo...

14Nov

By CryptolifedigitalNo Comments

XRP News

XRP Holders Beware: Scammers Utilize Deep Fake Technology in Deceptive Brad Garlinghouse Video for Fraudulent Giveaway

In a concerning turn of events, scammers have once again targeted XRP holders, deploying deep fake technology to create a highly deceptive video featuring Ripple CEO Brad Garlinghouse. The fraudulent video, circulating across various platforms, urges viewers to send a specific amount of XRP to a designated address, promising a doubling of their investment within a minute. Read Also: Marswap Unveils Groundbreaking On/Off-Ramp Capability for Shibarium Network, Integrates PayPal Payment Option https://twitter.com/sentosumosaba/status/1723526906862285109 Crypto Eri sounds the alarm on this scam Prominent XRP community member Crypto Eri sounded the alarm on this scam, unequivocally warning XRP holders against falling victim to the perpetrators. She stated, "Don't fall for this deep fake...

XRP Breaks Key Resistance, Eyes Potential Surge Above $1

6Nov

By CryptolifedigitalNo Comments

XRP News

XRP Breaks Key Resistance, Eyes Potential Surge Above $1

In a significant development in the cryptocurrency market, XRP has made a notable move in the past 24 hours, surging above a pivotal resistance level to trade at around $0.6733, with some trading data indicating highs of $0.688. What's particularly striking about this surge is that it has been over 90 days since XRP last traded at these levels. Seasoned market commentators and chartists have now shared their insights and predictions regarding XRP's potential price trajectory in the coming weeks. Notably, EGRAG, a renowned chartist, has voiced confidence in XRP's continued bullish momentum. In a recent tweet, EGRAG argued that XRP's next target is set to exceed $1. Read Also: Terraport V2 Relaunch: Certik Completes Final Checks EGRAG's prediction is based on his previous accuracy i...

XRP Receives Regulatory Green Light in Dubai, Gaining Access to Thriving MEASA Region

4Nov

By OLAJIDE SAMUELNo Comments

XRP News

XRP Receives Regulatory Green Light in Dubai, Gaining Access to Thriving MEASA Region

In a landmark development for the world of cryptocurrencies, XRP, a digital asset developed by Ripple, has received regulatory approval from the Dubai Financial Services Authority (DFSA) operating within the Dubai International Financial Center (DIFC). This approval significantly broadens XRP's horizons, potentially reaching 72 countries across the Middle East, Africa, and South Asia (MEASA) region, boasting a combined nominal GDP exceeding $8 trillion. The implications of this endorsement extend beyond initial expectations, underscoring the DIFC's influence not only within Dubai and the United Arab Emirates but throughout the expansive MEASA region. Read Also: Shiba Inu (SHIB) Holds the Line on Its Ambitious $0.01 Price Target with Strong Community Support DIFC's Financial Prowess Fo...

XRP Surges Over 25% in Two Weeks as Whales Return to the Fold

1Nov

By OLAJIDE SAMUELNo Comments

XRP News

XRP Surges Over 25% in Two Weeks as Whales Return to the Fold

In a dramatic turn of events, XRP has broken through the $0.6 mark for the first time since August, marking a significant milestone in its road to recovery. What makes this achievement even more remarkable is that just two weeks ago, XRP was trading in the $0.4801 range, signifying an impressive gain of over 25% within this short timeframe. The surge in XRP's price has been accompanied by a substantial increase in its 24-hour trading volume, which grew by 57.66%. Over the last day, a staggering $2.19 billion worth of XRP tokens changed hands in the market. These remarkable metrics align with a resurgence of interest from major crypto investors, particularly large XRP holders or "whales." Read Also: Terra Classic (LUNC) Community Pins Hope on AI-Driven Predictions for Token's Future ...

SEC Drops Charges Against Ripple (XRP) Founders Brad Garlinghouse and Chris Larsen

20Oct

By OLAJIDE SAMUELNo Comments

XRP News

SEC Drops Charges Against Ripple (XRP) Founders Brad Garlinghouse and Chris Larsen

In a groundbreaking turn of events, the U.S. Securities and Exchange Commission (SEC) has officially dropped its legal charges against the founders of Ripple, Brad Garlinghouse and Chris Larsen. This shocking development was made public on October 20, 2023, and sent ripples throughout the cryptocurrency community and financial markets. The news was initially shared on Twitter by Brett Hill. Read Also: Shiba Inu (SHIB) Continues to Burn Tokens, Fostering Hope for Price Surge https://twitter.com/Brett_Crypto_X/status/1715109189708636219 The decision marks a significant turning point in the legal battle between Ripple Labs, the creators of the XRP cryptocurrency, and the SEC. The SEC had alleged that XRP was an unregistered security, which led to legal action against Ripple and its k...