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Tag: XRP News

XRP Awaits SEC Verdict, Rebel Satoshi Launches with Ambitious Plans
23Apr By CryptolifedigitalNo Comments
XRP News

XRP Awaits SEC Verdict, Rebel Satoshi Launches with Ambitious Plans

Ripple (XRP) and the newly launched meme coin Rebel Satoshi (RBLZ) are generating headlines for different reasons. XRP's price hinges on the ongoing SEC lawsuit, while RBLZ ignites interest with its unique token launch and community-driven approach. Ripple Nears SEC Showdown The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) inches closer to a conclusion. A crucial trial was scheduled for April 23rd, but a recent development suggests a possible settlement. An April 15th announcement revealed that both parties will participate in a Final Pretrial Conference, potentially paving the way for an agreement. Read Also: XRP Bull Run Predicted: Analyst Charts Path to $5 in 15 Months https://twitter.com/RippleXrpie/status/1779788169430315250 XRP's price ...
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Ripple vs SEC Lawsuit Update: 129M XRP Transferred by Whale, What’s the Implication?
22Apr By Kayode Oke MichaelNo Comments
Ripple News

Ripple vs SEC Lawsuit Update: 129M XRP Transferred by Whale, What’s the Implication?

The ongoing Ripple Vs SEC lawsuit has sparked significant activity in the XRP market, with notable moves being made by XRP whales. One such move was the transfer of 129 million XRP by prominent holders, which has captured the attention of market participants. This has raised questions about potential implications for Ripple's legal battle. Whale Transactions Amid Lawsuit Speculation An unknown whale with wallet address "r4wf7….h4Rzn" transferred 28.8 million XRP to the Bitstamp exchange, which has led to debates among observers. Some interpret this move as a selloff strategy, while others speculate that it could be part of Ripple's liquidity management efforts, given its previous stake acquisition in Bitstamp. Read Also: Cardano’s Optimistic Start to the Week Sparks Investor Excitemen...
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XRP Price Slumps Despite Speculation of Ripple IPO
19Apr By OLAJIDE SAMUELNo Comments
Ripple News

XRP Price Slumps Despite Speculation of Ripple IPO

Discussions surrounding a potential Ripple IPO have faded as the crypto community grapples with XRP's underperformance during the recent market bull run. While the broader market is experiencing a correction, XRP has been hit particularly hard, dropping over 8% in the past 24 hours and falling below the crucial $0.50 support level. Read Also: K9 Finance Community Backs Key Proposals, Boosting Shibarium Integration Ripple IPO: A Distant Hope? The prospect of a Ripple IPO has been a source of speculation for some time. While Ripple itself hasn't confirmed a timeline, CEO Brad Garlinghouse hasn't ruled it out. Industry experts have weighed in, with some predicting a high likelihood of Ripple going public. Analyst Linda Jones, for example, believes there's a 98% chance based on research b...
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Ripple’s Brad Garlinghouse Expects Crypto Market to Double by 2024: Here’s Why It Matters
19Apr By Kayode Oke MichaelNo Comments
Ripple News

Ripple’s Brad Garlinghouse Expects Crypto Market to Double by 2024: Here’s Why It Matters

In an interview with Fox on 18th April, Ripple CEO Brad Garlinghouse shared valuable insights into the current cryptocurrency market. Despite the recent dip in the market, Garlinghouse remained optimistic and talked about the potential for the market to double by the end of 2024. He attributed this growth to several factors, including the approval of Exchange-Traded Funds (ETFs) and the upcoming Bitcoin halving. https://youtu.be/RsEN-zhINpE Read Also: XRP Weathers Market Storm, Analyst Maintains Bullish Outlook However, Garlinghouse also expressed concern over the lack of regulatory clarity in the United States, which he believes is hindering the industry's growth. He noted that other countries, such as Dubai and Singapore, have adopted cryptocurrencies more constructively by impl...
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XRP Price Update: Mixed Signals Amidst SEC Lawsuit and Inflation Woes
11Apr By CryptolifedigitalNo Comments
XRP News

XRP Price Update: Mixed Signals Amidst SEC Lawsuit and Inflation Woes

XRP price action on Wednesday offered a glimpse of the cryptocurrency's current state: cautiously optimistic. Despite a brief dip below $0.60, XRP managed to finish the day at $0.6181, a 0.55% gain. This rise came despite broader market anxieties surrounding US inflation data. Hotter-than-expected inflation numbers, initially causing investor angst, ultimately fueled a positive reaction in XRP and the crypto market as a whole. XRP climbed to a session high of $0.6212 before settling slightly below the $0.62 mark. However, compared to the total crypto market cap's 1.50% increase, XRP lagged. The lingering shadow of the SEC v. Ripple lawsuit continues to dampen XRP's potential. With no updates on the case Wednesday, investors remain apprehensive as Ripple prepares to file its oppos...
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Uphold Unveils New Crypto Basket Focused on Focusing on XRP and other Financial-related tokens
5Apr By Raliat IdrisNo Comments
XRP News

Uphold Unveils New Crypto Basket Focused on Focusing on XRP and other Financial-related tokens

Leading American trading platform Uphold has introduced a new crypto investment basket featuring XRP and other finance-related tokens. This basket simplifies the process of building a diversified cryptocurrency portfolio by offering a pre-selected group of assets in a single click. Read Also: Cardano Price: Bearish Sentiment But Bullish Potential Crypto Baskets for Easy Portfolio Diversification Uphold Baskets launched in February 2024, aiming to address the challenge of selecting worthy investment options from the vast landscape of cryptocurrencies. These baskets function as bundles of carefully chosen crypto assets, allowing users to diversify their holdings with a single purchase. Uphold categorizes these baskets based on different market sectors, making it easier for investors to ...
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XRP Community Buzzes About Possible FedNow Network Integration
4Apr By OLAJIDE SAMUELNo Comments
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...
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XRP Struggles to Regain $1 Glory, Analysts Divided on April Prospects
3Apr By CryptolifedigitalNo Comments
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...
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