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Tag: XRP Army

XRP Community Buzzes About Possible FedNow Network Integration
XRP News

XRP Community Buzzes About Possible FedNow Network Integration

A recent social media post by an XRP community member has sparked discussions about XRP and the FedNow network, the instant payment system launched by the Federal Reserve Bank in the US. The post, by Crypto Value Hunter, detailed an instant XRP withdrawal from Uphold, a crypto exchange known for its support of XRP, to a bank account. The transaction description reportedly mentioned FedNow, leading to speculation about FedNow's involvement in processing the XRP transaction. Read Also: Solana Price Stalemate: Bullish Flag or Bearish Whales? https://twitter.com/majesticboss55/status/1774814745868095949 This sparked excitement within the XRP community for two reasons. First, XRP's strength lies in facilitating fast cross-border payments, which aligns with FedNow's instant settlement featur...
XRP Struggles to Regain $1 Glory, Analysts Divided on April Prospects
XRP News

XRP Struggles to Regain $1 Glory, Analysts Divided on April Prospects

XRP's price continues to disappoint holders, failing to recapture the $1 mark lost since the previous bull run. This underperformance comes despite a strong first half of 2024 for major cryptocurrencies like Bitcoin and Ethereum. Currently trading around $0.59, XRP would need a 70% surge to reach $1. This week's Bitcoin-led market correction pushed the token below the crucial $0.6 level, further dampening investor sentiment. Despite the slump, some analysts remain optimistic. Read Also: XRP Underwhelmed in Q1, But Analysts Predict Bullish Run Ambitious Targets and Short-Term Hopes The past month saw optimistic voices in the crypto community forecasting ambitious targets of $5 and even $10 for XRP. Some believe $10 could be achievable in the short term, while others view it as th...
Xumm Ends XRP Burn for XAH Minting on Xahau Sidechain
XRP News

Xumm Ends XRP Burn for XAH Minting on Xahau Sidechain

The Xumm team, formerly known as Xaman, has decided to discontinue its Burn2Mint (B2M) program involving XRP and XAH, the native token of the XRPL sidechain Xahau. This decision comes after a vote by the team led by founder Wietse Wind. What was Burn2Mint? The B2M mechanism, introduced earlier, allowed users to directly acquire XAH tokens by burning XRP. This eliminated the need for users to rely on secondary markets or complex cross-chain bridges. Essentially, users could burn XRP and mint an equivalent amount of XAH. Read Also: Shiba Inu Burns Rise Despite Token Price Slump https://twitter.com/sentosumosaba/status/1774964338618749171 The B2M program was designed to gradually decrease the yield over time, ultimately reaching zero to regulate the distribution of XAH and prevent ...
XRP: Can it Reclaim its Glory Days?
XRP News

XRP: Can it Reclaim its Glory Days?

XRP, the cryptocurrency used on Ripple's payment network, has had a bumpy ride. Despite reaching an all-time high of $1.96 in January 2018, it has struggled to regain that level ever since. However, recent developments and predictions suggest a bright future for XRP. Read Also: Shiba Inu (SHIB) Sees Whale Accumulation Amidst Market Downturn Signs of Hope XRP has shown glimpses of its potential, reaching $0.93 in July 2023 after a positive court ruling in the ongoing lawsuit with the SEC. Additionally, Ripple's On-Demand Liquidity (ODL) services and the growing adoption of the XRP Ledger (XRPL) are fueling optimism. Changelly's Price Forecast Changelly, a cryptocurrency exchange, predicts a strong comeback for XRP. They believe XRP will reach $0.98 by the end of 2024, potentially exc...
XRP Shocks Market with Sudden Surge, Long-Term Prospects Debated
XRP News

XRP Shocks Market with Sudden Surge, Long-Term Prospects Debated

XRP defied the altcoin market's sluggishness with a surprise bullish rally in the last 24 hours. The price skyrocketed from $0.6215 to over $0.74 within six hours, representing a staggering 19.38% gain. This surge marked XRP's highest point since July 2023, breaking a seven-month downtrend that frustrated many holders. Read Also: K9 Finance DAO Token (KNINE) Hits New High, Aims to Unlock Shibarium Liquidity https://twitter.com/BitrueOfficial/status/1767386537761931460 Crypto Community Reacts with Surprise and Skepticism The dramatic turnaround sparked reactions from prominent figures in the crypto sphere. Singaporean exchange Bitrue highlighted XRP's impressive surge and queried the community: "Is it time for XRP to shine?" However, the response was mixed. While some believe XRP...
XRP Eyes $411: Will History Repeat with a Fourth Triangle Breakout?
XRP News

XRP Eyes $411: Will History Repeat with a Fourth Triangle Breakout?

Crypto analysts are buzzing with predictions of a potential XRP price explosion, fueled by the anticipated breakout of a multi-year symmetrical triangle pattern. One analyst, posting on X, boldly suggests that XRP could skyrocket to a staggering $353 if historical patterns continue to hold. The bullish outlook hinges on the belief that XRP is nearing the final stages of its fourth symmetrical triangle, a technical formation marking periods of consolidation followed by decisive price movements. This anticipation echoes past XRP surges, particularly the legendary 61,000% rally observed in 2017-2018. Read Also: Shiba Inu Finds a Home in India Amidst Regulatory Turmoil: Flitpay Embraces the Meme Coin https://twitter.com/Bitforcoinz/status/1747281174567747646 However, on-chain data ...
Ripple vs. SEC: Battle Lines Drawn as Crypto Community Reacts to Latest Hearing
XRP News

Ripple vs. SEC: Battle Lines Drawn as Crypto Community Reacts to Latest Hearing

The cryptocurrency world is buzzing with commentary on the recent Coinbase hearing, where the SEC's remarks reignited the Ripple lawsuit battleground. SEC Criticizes Torres Ruling In a tweet highlighting the hearing, journalist Eleanor Terrett reported the SEC criticizing Judge Torres's decision in the Ripple case. The crux of the criticism boils down to the judge's distinction between Ripple's programmatic sales on exchanges (not deemed securities) and institutional sales (deemed securities). The SEC argues that regardless of investor sophistication, buying the same token should fall under the same securities laws. Read Also: Bullish Signs Spark on XRP Chart: Potential for a Price Rally in the Making? https://twitter.com/EleanorTerrett/status/1747661376967819721 Deaton Weighs I...
Crypto Buzz: XRP Hopes to Rise on ETF Prospect, InQubeta Shines with AI Innovation
XRP News

Crypto Buzz: XRP Hopes to Rise on ETF Prospect, InQubeta Shines with AI Innovation

The cryptocurrency market is abuzz with speculation about the potential impact of spot Bitcoin ETFs. This has sparked optimism among XRP enthusiasts, who believe the altcoin could benefit from a general upswing in interest. While an XRP-specific ETF is unlikely until legal issues are resolved, the broader market growth spurred by a Bitcoin ETF could indirectly lift XRP's fortunes. However, one expert, WrathofKahneman, predicts volatility due to institutional capital inflows and arbitrage opportunities. Read Also: Terra (LUNA) and Ark Protocol Collaborate to Introduce Interchain NFTs to Cosmos Ecosystem InQubeta: AI Meets NFTs in $8 Million Presale While the NFT space may seem complex, InQubeta offers a novel approach: fractionalized investments in vetted AI startups through NFTs. This...
XRP Community Ablaze with Speculation as EGRAG CRYPTO Predicts Potential Surge to $220
XRP News

XRP Community Ablaze with Speculation as EGRAG CRYPTO Predicts Potential Surge to $220

In a recent revelation, crypto analyst EGRAG CRYPTO, known for his precise technical analyses, has sent shockwaves through the XRP community with a bold prediction. Drawing an analogy to the explosive energy of a Gamma-Ray Burst (GRB), EGRAG CRYPTO forecasts a potential astronomical leap in XRP's price, reaching as high as $220. Read Also: SEC's Reliance on Terra Case Sparks Debate in Binance and Coinbase Lawsuits https://twitter.com/egragcrypto/status/1744629963905540477?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1744629963905540477%7Ctwgr%5E48c333b64e525acabb635c8f228f9a9ad75b3041%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftimestabloid.com%2Fanalyst-xrp-is-primed-for-39185-rally-to-220-with-gamma-ray-burst%2F The Reason for EGRAG CRYPTO Bullishness towards XRP The basis fo...
Financial Expert Linda Jones Optimistic about XRP’s Future Amid SEC Settlement and Market Dynamics
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Financial Expert Linda Jones Optimistic about XRP’s Future Amid SEC Settlement and Market Dynamics

In a recent podcast, financial expert Linda Jones provided insights into the intricacies surrounding XRP's price movements, offering optimism for the digital asset's future despite existing frustrations within the crypto community over its lacklustre performance. https://twitter.com/LindaPJones/status/1744365163036246353?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1744365163036246353%7Ctwgr%5E0d383bce7c923885872d9180e16fa6fffa6767ef%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fthecryptobasic.com%2F2024%2F01%2F09%2Ftop-america-wealth-mentor-mentions-five-key-factors-to-send-xrp-to-new-all-time-high%2F Ripple and SEC Lawsuit Settlement Jones emphasized the critical role of the settlement amount from the Securities and Exchange Commission (SEC) in determining XRP's future trajectory....