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Crypto Market Update: XRP Surges as Major Assets Experience Profit-Taking
18Dec By Tolulope ZaccheausNo Comments
XRP News

Crypto Market Update: XRP Surges as Major Assets Experience Profit-Taking

In the ever-evolving landscape of the cryptocurrency market, a recent report by European crypto-focused asset manager CoinShares has shed light on notable trends, including divergence in fund flows and significant activity within specific digital assets. Read Also: Shiba Inu (SHIB) Ignites a Burning Frenzy with Unprecedented 727,870% Surge in Token Burn Rate Fund Flows and Market Dynamics The report reveals a departure from the 11-week streak of consistent inflows into crypto investment products, with a minor outflow totalling $16 million. Despite this, the overall trading activity remains robust, reaching $3.6 billion in weekly total trading, significantly surpassing the year-to-date average of $1.6 billion. The United States experienced a noteworthy regional outflow of $18 millio...
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XRP Poised for Bullish Surge: Dark Defender’s Cup and Handle Analysis Sets Short-Term Targets at $1.88″
24Nov By Onche Michael ONo Comments
XRP News

XRP Poised for Bullish Surge: Dark Defender’s Cup and Handle Analysis Sets Short-Term Targets at $1.88″

Renowned cryptocurrency analyst Dark Defender (@DefendDark) has highlighted a notable cup and handle pattern emerging on the daily chart of XRP, setting short-term targets as high as $1.88. The cup and handle pattern, a technical analysis formation in financial charts, signifies a bullish trend reversal. It involves a rounded bottom (cup) followed by a consolidation period (handle), suggesting potential upward price movement with a breakout typically occurring at the handle’s resistance level. https://twitter.com/DefendDark/status/1726878660752245220?s=19 The cup formation was initiated following Judge Torres’s July ruling in the U.S. Securities and Exchange Commission’s lawsuit against Ripple. This ruling was a significant victory for Ripple and the XRP community, as non-institut...
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RippleX Vice President Discusses XRP Ledger Impressive Speed and Ongoing Improvements at Apex Dev Summit
25Sep By CryptolifedigitalNo Comments
Ripple News

RippleX Vice President Discusses XRP Ledger Impressive Speed and Ongoing Improvements at Apex Dev Summit

In a recent interview at the Apex Dev Summit in Amsterdam, Marcus Infranger, Vice President of RippleX Growth, shed light on the remarkable state of the XRP Ledger (XRPL) and the continuous developments in the XRPL ecosystem poised to strengthen its position in the blockchain industry. Scalability and Speed: XRPL's Key Strengths Infranger emphasized two critical aspects of XRPL's performance: interoperability and scalability. He lauded XRPL as one of the most scalable and efficient blockchain networks in existence. "Transactions happen in 3 to 5 seconds, very reliably for over a decade," he proudly stated. Read Also: Shiba Inu's Shibarium Gears Up for Significant Developments, Renouncing BONE Contract Marks Milestone Last October, SpendTheBits, a payment platform operating on XRPL,...
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Xahau Whitepaper Unveiled, Promising Smart Contract Revolution for XRP Ledger
6Sep By CryptolifedigitalNo Comments
XRP News

Xahau Whitepaper Unveiled, Promising Smart Contract Revolution for XRP Ledger

In a recent development that has sent ripples of excitement throughout the XRP community, XRP Labs, in collaboration with GateHub, Alloy Networks, Evernode, and other prominent stakeholders, has unveiled the Xahau Whitepaper. This revolutionary document outlines the ambitious vision for the Xahau Ledger, a groundbreaking addition to the XRP ecosystem that promises to bring smart contract capabilities to the XRP Ledger (XRPL). Read Also: Shibarium Achieves Remarkable Milestone with One Million Transactions and 1.1 Million Wallets in Just Nine Days https://twitter.com/onXRPdotcom/status/1698774764565733835 Facts About Xahau The Xahau Ledger, at its core, builds upon the foundational elements of the XRPL, harnessing the power of the XRP Ledger Consensus Protocol to create a unique sid...
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CoinFlip Expands Offerings with the Addition of XRP to its Order Desk
4Aug By Cryptolifedigital1 Comment
XRP News

CoinFlip Expands Offerings with the Addition of XRP to its Order Desk

Chicago-based crypto-based fintech firm, CoinFlip, has recently announced the inclusion of XRP to its Order Desk, offering its customers a personalized approach to crypto investment. Users can now access CoinFlip's Order Desk, where they will be provided with expert guidance and support to determine if XRP aligns with their investment portfolios. CoinFlip to adds support for XRP The decision to support XRP comes following a significant court ruling that confirmed XRP's status as a digital asset and not a security. This ruling has boosted confidence in the crypto sector and has heralded a favourable progression toward regulatory transparency. Read Also: USTC Multisig Considers Burning 800 Million Tokens to Address Zombie USTC Balances Ben Weiss, the CEO of CoinFlip, expressed excite...
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Palau Stablecoin (PSC) Achieves Transparency and Adoption Milestones on XRP Ledger
28Jul By OLAJIDE SAMUELNo Comments
XRP News

Palau Stablecoin (PSC) Achieves Transparency and Adoption Milestones on XRP Ledger

In a groundbreaking move for the cryptocurrency community, XRPScan introduces real-time tracking of Palau Stablecoin (PSC) transactions on the XRP Ledger, heralding a new era of transparency and trust. Palau Stablecoin (PSC) on XRPL XRPScan, the XRPL explorer and network analysis platform, has made waves in the crypto world by unveiling the addition of the Palau Stablecoin Pilot wallet. This significant development empowers users to closely monitor PSC transactions in real-time, offering comprehensive details about the issuer's address and ushering in a new level of transparency for the cryptocurrency. Read Also: US Congressman Criticizes Bitcoin Creator "Satoshi Nakamoto" for Lack of Innovation https://twitter.com/xrpscan/status/1684480411278139393   Since its inception...
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XRP Emerges as Most Traded Altcoin of 2023, Surpassing $150 Billion Cumulative Volume on CEXs
26Jul By OLAJIDE SAMUELNo Comments
XRP News

XRP Emerges as Most Traded Altcoin of 2023, Surpassing $150 Billion Cumulative Volume on CEXs

In a groundbreaking turn of events for the cryptocurrency market, XRP has asserted its dominance as the most traded altcoin of 2023, according to market data from Kaiko, a highly regarded source for crypto information across various networks. The research firm recently took to Twitter to reveal that XRP's cumulative trade volume on prominent centralized exchanges (CEXs) has soared past the $150 billion mark and is now inching closer to the $175 billion territory. Read Also: Prominent Developer Alleges Market Manipulation in Terra Classic (LUNC) - Community in Turmoil https://twitter.com/KaikoData/status/1683513794536906752 Kaiko's graph showcased the remarkable performance of numerous altcoins, but it was XRP that stood out as the clear winner, outperforming its closest rival by a...
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Ducati Roars into Web3 with XRP Ledger Partnership, Unveiling NFT Digital Collectibles
25Jul By OLAJIDE SAMUELNo Comments
XRP News

Ducati Roars into Web3 with XRP Ledger Partnership, Unveiling NFT Digital Collectibles

Italian motorcycle giant Ducati has accelerated into the world of web3, announcing a groundbreaking collaboration with Web3Pro and XRP Ledger (XRPL) to introduce a series of exclusive digital collectibles in the form of Non-Fungible Tokens (NFTs). This strategic move aims to drive real-world adoption of blockchain technology while offering Ducati enthusiasts an immersive experience into the brand's captivating journey. Read Also: Bloomberg Strategist Mike McGlone Reiterates $100,000 Bitcoin Price Prediction Despite Potential Dip https://twitter.com/DucatiMotor/status/1682087851641454592 Scheduled for release on July 26, the first collection of NFTs will be a limited-edition video compilation showcasing the evolution of Ducati logos on motorcycles from 1946 to 2023. The compilation...
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