News
Santiment says social sentiment toward XRP has hit its lowest levels since October, entering the fear zone, but suggested that has preceded a rally in the past.
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XRP Crypto News
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP (XRP) cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
On the Ripple Network, any currency or asset can be used for transactions without relying on XRP, though XRP acts as a bridge between currencies when needed. Ripple’s On-Demand Liquidity service utilizes XRP for cross-border transactions, eliminating the need for pre-funded accounts. This approach facilitated partnerships with major entities like Santander, Bank of America and American Express. However, XRP’s role led to legal issues with the United States Securities and Exchange Commission (SEC), which filed a lawsuit in December 2020, accusing Ripple and its executives of illegally selling XRP to investors without proper security registration.
On July 13, 2023, a court ruled that Ripple’s $728.9 million XRP sales to institutional clients constituted unregistered securities sales, giving the SEC a partial victory. Ripple targeted institutional investors, endorsing a speculative value thesis for XRP contingent on blockchain improvements. Further legal proceedings are likely, with Ripple possibly appealing or presenting new arguments against the court’s decision.
- Altcoin Watch
SOL struggles to extend its gains as declining activity, falling leverage demand and competition from newly launched spot altcoin ETFs challenge Solana’s price rebound.
2354 - Altcoin Watch
XRP’s macro outlook remained bullish, with onchain data showing that a breakout was possible if key price support levels were reclaimed.
2326 - Market Analysis
XRP shows renewed strength as traders crunch the charts to see if a rally into the $2.30 to $2.50 zone is possible. Does the bulk of the move depend on BTC's short-term performance?
2822 - Altcoin Watch
Spot XRP ETFs recorded inflows for 11 consecutive days as the RSI formed a bullish divergence on the price charts, early signs that a rally was in the cards.
2485 - News
Bitcoin treasury companies drove November inflows with $1.06 billion, as Ether saw $37 million in outflows despite continued accumulation by BitMine.
3573 - Price Analysis
Bitcoin’s negative open to December shows bears’ plan to pull BTC to the $80,000 support. Analysts are now calling for the bull market to end with a drop to $70,000 and below.
5801 - News
Crypto ETPs rebound with $1.07 billion inflows after four weeks of losses, while XRP hits record weekly gains amid US ETF launches.
4122 - Price Analysis
Bitcoin and several altcoins continue to show strength, but charts suggest that each needs a strong close above a key exponential moving average to continue the uptrend.
9023 - Altcoin Watch
Multiple technical, onchain and fundamental indicators suggest a potential XRP price rally toward $2.80 in the coming days.
3407 - News
The reversal was driven by the 21Shares Solana ETF (TSOL), which saw over $34 million in withdrawals in a single day.
1939 - Altcoin Watch
Two new XRP ETFs absorbed 80 million tokens on launch as the price formed a bullish flag after hitting resistance at $2.20.
2778 - Price Analysis
Bitcoin and select altcoins have started a recovery, but higher levels are likely to attract solid selling by the bears. Is $100,000 BTC's next stop?
3518 - Altcoin Watch
XRP is rebounding strongly from $2, with multiple indicators suggesting upside toward $3.30–$3.50 is possible in the coming weeks.
3408 - News
The investment vehicle tied to XRP launched amid other offerings from Grayscale, Bitwise Asset Management and Canary Capital.
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