Crypto market capitalization has tanked around 12% over the past 24 hours, falling to around $3.1 trillion at the time of writing. It is the lowest level markets have seen this year, wiping out more than $400 billion in less than a day as the sell-off accelerated during the Monday morning Asian trading session, sending...Read More
Massive leaps forward in pro-growth regulatory policy from Washington are one key meta for XRP prices in 2025. Meanwhile, the deployment of XRP Ledger for automated smart contracts is bound to run through a very attractive upside that analysts expect from the underlying asset in the new year. The advance of Ripple on the regulatory...Read More
Amid the overall resurgance of the broader cryptocurrency market, Ripple’s native cross-border token stole the show in the past few days and flew past $3 and even up to $3.4 to match its 2018 all-time high. Although the asset failed to go into uncharted territory on most exchanges, the network usage and whale activity continue...Read More
XRP, the third-largest cryptocurrency by market capitalization ranking, surpassed bitcoin (BTC) to become the most-traded digital asset on Coinbase. This indicates that American crypto investors are increasingly interested in Ripple’s native coin. The sudden spark in interest comes days after the company’s CEO, Brad Garlinghouse, met with United States President-elect Donald Trump to discuss including other...Read More
Digital asset investment products saw modest inflows of $48 million last week. While nearly $1 billion flowed in during the early part of the week, outflows of $940 million in the latter half reversed much of the gains. This shift followed the release of new macroeconomic data and the Federal Reserve’s minutes, which signaled a...Read More
US fintech firm Ripple and blockchain oracle provider Chainlink have partnered to accelerate the adoption of the cross-border payments firm’s stablecoin, Ripple USD. “Ripple has adopted the Chainlink standard to access highly secure and reliable pricing data around the recently launched Ripple USD (RLUSD) stablecoin,” stated Chainlink on Jan. 7. Ripple describes its new stablecoin...Read More
As Donald Trump prepares to take office, many expect his presidency to drive growth in the crypto market. His commitments are already creating momentum for US-based crypto businesses. Ripple CEO Brad Garlinghouse, for one, announced that the company achieved significant progress in late 2024. In fact, the entity has signed more US deals in the...Read More
Bitcoin achieved a new historic all-time high price in December. At the same time, analysts believe XRP is well on the way to smashing its own record, eclipsing Bitcoin, Ethereum, and Solana’s gains in December. In December, XRP tokens retraced 84% of losses from its all-time high price of $3.4 a coin in Jan. 2018...Read More
The Ripple cross-border payment token has climbed almost 15% over the past 24 hours, hitting an intraday high of $2.44 during early trading in Asia on Jan. 2. It is the highest XRP has been since mid-December, as payment coins lead the way into the new year. The Ripple token exploded to top $2.90 in...Read More
A couple of hourly red candles emerged in the middle of the trading day Monday, and they began to pull Ethereum, Dogecoin, and Avalanche into the red for the weekly period ending Monday. But no top ten losses were as steep as those for XRP as afternoon turned to evening on the US East Coast...Read More
But real quick first— XRP’s price could be in for another big pump soon, according to the technical signals. Legendary chart trader Peter Brandt recently shared a bullish wedge pattern suggesting another leg up for XRP’s price to above $2.70. The average exchange rate in US dollars for XRP on Saturday, Dec. 28, was $2.19....Read More
Ethereum extended its streak of inflows to seven consecutive weeks, accumulating $3.7 billion during this period, with $1 billion recorded last week alone. This highlights improving investor sentiment toward the world’s second-largest cryptocurrency. The Market: Zooming Out According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, overall, digital asset investment products...Read More
Whale deposits into Binance have surged to a six-month high, with over 2.66 billion XRP tokens moved to the exchange in the past 30 days. According to the latest analysis by CryptoQuant, this figure marks the largest influx of XRP by large holders since April 2024, indicating a notable uptick in activity among whales. These...Read More
After a turbulent correction, the cryptocurrency market has found some calm, with prices stabilizing. Meanwhile, the Mean Dollar Invested Age is quietly pointing to heightened network activity, often seen as a precursor to extended bullish trends. Despite a market-wide retracement this week, the Mean Dollar Invested Age (MDIA) – an often-overlooked crypto metric – signals...Read More
XRP reclaimed its position as the third-largest cryptocurrency by market capitalization this week after a significant rally reinvigorating investor interest. The surge has not only boosted XRP’s market cap but also its network growth as seen with its increasing wallet count. XRP Network Growth Soars According to Santiment’s latest analysis, XRP has seen an impressive...Read More
The promise of a pro-crypto regulatory environment led by the incoming administration of the United States President Donald Trump has triggered a positive effect among cryptocurrencies, with the native assets of layer-1 blockchains raking in substantial gains. According to a CryptoQuant report, crypto assets like XRP, TRX, Toncoin (TON), SOL, ADA, the native assets of...Read More
Crypto market capitalization surged to an all-time high of $3.44 trillion on Friday, Nov. 22. It has been primarily driven by Bitcoin, which topped $99,000 at a new all-time high as its dominance remains high at over 60%. However, several altcoins are also making big moves, with many showing double-digit growth today. Solana (SOL) is the...Read More
The battle for sixth place in terms of the largest cryptocurrency by market cap has taken another turn as XRP has reclaimed its spot after a week-long hiatus. This came amid Ripple’s massive rally over the past few days, including a surge above $1 and numerous speculations on X about a new all-time high. XRP...Read More
The bull market seems to be going at full speed and some altcoins are performing undoubtedly better than others. The case in point is Ripple’s XRP, which is up by a whopping 32% in the past 24 hours alone. At the time of this writing, XRP is trading at slightly less than $1.20 and is...Read More
Most of the cryptocurrency market is in the red today, charting some price losses after the recent massive rallies. BTC fell below $90,000 and even briefly dipped beneath $87,000, ETH is down to just over $3,000, while DOGE and SHIB have plummeted by 5-8%. Two of the top ten largest cryptocurrencies have defied this trend...Read More
The cryptocurrency market has been on the move in the past week, and even though XRP was a little sluggish at first, it managed to catch up and register some impressive gains lately. At the time, it seems as if Ripple whales are preparing for an even bigger price surge, given their most recent behavior....Read More
The votes are in, and it’s now official that the 47th US President will be the 45th one – Donald J. Trump. Now, the crypto industry will wait to see if he will follow through on his multiple promises to let it thrive and support it in various ways. One of those promises made during...Read More
Ripple’s blockchain network, XRP Ledger, has recorded significant on-chain growth over the past month. This signifies investor confidence in the network and its native token, XRP. According to a CryptoQuant QuickTake from analyst Wenry Seoul, XRP saw an increase in automated market maker (AMM) liquidity, decentralized exchange (DEX) transaction volume, and the number of new...Read More
Last week, the US Securities and Exchange Commission filed an appeal in the case against Ripple Labs. This has been one of the most highly anticipated moves, and many speculated that the watchdog would forego its right to do so because its chances of winning are slim. This is also probably the reason why XRP’s...Read More
This week, Bitwise registered a trust entity called “XRP ETF” in Delaware. The following day, the asset manager filed an S-1 form with the US Securities and Exchange Commission, a necessary step for companies aiming to launch a new security and list it on a public stock exchange. As a result, the optimism surrounding a...Read More
The entire cryptocurrency market has experienced a late 2024 revival since the middle of last week when the US Federal Reserve cut the interest rates in the country by 50 basis points. While BTC, ETH, and other altcoins have produced impressive gains, Ripple’s native token is trailing behind, trading mostly flat on a weekly and...Read More
The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an...Read More
Alongside a lackluster market, there has been a significant decline in whale activity across most major crypto assets. According to the latest analysis by Santiment, Bitcoin and Ethereum are seeing noticeable drops in $100k+ transactions. Whale Activity Plummets During the highly active period of March 13-19, Bitcoin saw 115.1k transactions valued at over $100k each,...Read More
The current U.S. benchmark rate for massive overnight money market loans from the central bank is in the range of 5.25% and 5.5%. When Powell spoke in Jackson Hole, Wyoming, on Friday, markets expected more signals of a regime of interest rate cutting ahead. Instead, he went a step further and explicitly endorsed rate cuts. In...Read More
Following a significant drop to the crucial support region of $0.43, Ripple encountered increased buying pressure and saw a substantial surge, pushing the price back above the 100 and 200-day moving averages. This recent action has left market participants uncertain about XRP’s overall direction, with the upcoming movements likely providing clarity. By Shayan The Daily...Read More
