Tag: Ripple

Metaplanet Picks up 620 Bitcoin as Ripple Token Leads Market Lower

XRP dropped 3% in the past 24 hours, leading losses among major tokens as bitcoin (BTC) started the festive week in the red and Japanese bitcoin accumulator Metaplanet (3350) announced its biggest purchase. The Tokyo-listed company said it bought a record 619.70 BTC for 9.5 billion yen ($61 million) in a move that lifted its BTC holdings by 54%. BTC is still 1.5% lower over 24 hours, CoinGecko data shows, with ether (ETH), Cardano’s ADA, Solana’s SOL and dogecoin (DOGE) all down as much as 2%. Chainlink’s LINK and Tron’s…

Ripple Moves Big Money, RLUSD Sees Distribution, XRP Holds Key $2 Support

Ripple’s XRP has managed to maintain its position above $2, despite an 8.2% dip against the U.S. dollar this week. Over the weekend, massive onchain XRP transactions caught attention, and the network’s stablecoin, RLUSD, reached a market valuation of $53 million. Whale Alerts Pop Recent weeks have seen XRP make substantial strides, fueled by speculation […] Source CryptoX Portal

Whales Snap Up 30 Million XRP As Ripple Launches Its RLUSD Stablecoin

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Este artículo también está disponible en español. XRP whales have been on a buying spree as blockchain payments company Ripple officially launched its dollar-backed stablecoin, RLUSD, on several global crypto exchanges this Tuesday. The stablecoin is now available for trading on platforms Bitso, Uphold, CoinMENA, MoonPay, and Archax, with additional listings expected soon. Ripple RLUSD Stablecoin Launches Amid Price Volatility RLUSD is designed to maintain a stable value in line with the US dollar and is compatible with both the Ethereum (ETH) blockchain and the XRP Ledger (XRPL), the latter being…

Battle’s Impact on Ripple and the Crypto Market

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The cryptocurrency landscape stands at a historic crossroads as the battle between XRP and the Securities and Exchange Commission (SEC) enters its most critical phase. Since December 2020, this legal confrontation has shaped the future of digital asset regulation, with implications reaching far beyond the immediate case. The potential impact of Donald Trump’s election adds another layer of complexity to an already intricate situation. The Evolution of SEC’s Cryptocurrency Stance Under SEC  Chair Gary Gensler’s leadership, the commission has maintained an aggressive enforcement approach toward digital assets. The SEC’s strategy…

An AI was asked if Ripple can surpass Ethereum this cycle, and the answer was surprising

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s XRP may surpass Ethereum’s ETH in the next cycle, signaling potential shifts in the crypto market’s top positions. Could Ripple’s XRP jump ahead of Ethereum’s ETH in the next market cycle? This idea might catch Ethereum holders off guard. The shifting tides of the crypto world suggest big changes could be coming. Uncover how XRP might climb the ranks and what that could mean for the future of…

Ripple Legal Chief Calls out SEC Commissioner: ‘Even More Rogue Than Gensler’

Ripple’s legal chief criticized SEC Commissioner Caroline Crenshaw as “more rogue than Gensler,” accusing her of defying court rulings. SEC Commissioner Caroline Crenshaw Faces Growing Opposition From Crypto Industry Ripple’s chief legal officer, Stuart Alderoty, took to social media platform X on Wednesday to comment on the renomination of U.S. Securities and Exchange Commission (SEC) […] Source CryptoX Portal

2024 Election Was a Chance to ‘Educate Voters,’ Ripple CEO Brad Garlinghouse Says

Ripple CEO Brad Garlinghouse in an interview with 60 Minutes, said that the 2024 election was a “major victory” for crypto as the majority of Fairshake, a crypto political action committee (PAC), backed candidates, won their seats. And this was a non-partisan effort, as crypto, itself is non-partisan, he argued, pointing to the cross-aisle support for the digital assets bill FIT21. “Of the 29 Republicans and 33 Democrats the industry backed in congressional races, 85% won. It’s incredible,” he said. “We absolutely helped supercharge the candidates with the money in…

Ripple Execs Rally Behind Trump’s SEC Nominee: The Dawn of Crypto Freedom Is Here

Ripple executives praised potential SEC leadership changes, signaling hope for a crypto-friendly shift that ends restrictive policies and fosters innovation and economic growth. Ripple Hails SEC Shake-Up: Common Sense Returns to Crypto Regulation Ripple’s executives have expressed support for Paul Atkins assuming a leadership role at the U.S. Securities and Exchange Commission (SEC). President-elect Donald […] Source CryptoX Portal

Experts predict Ripple to reach $7, Cardano to $1.4, and AI coin to $0.1 in crypto surge

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As Bitcoin tops $100M, analysts predict a market rally, with XRP at $7, ADA at $1.4, and IntelMarkets eyeing $0.1 soon. The crypto market is again on the verge of a massive rally as Bitcoin crosses $100m. Analysts predict this surge could cause a ripple effect across the market, pushing altcoins to new levels. While Ripple (XRP) could rally to $7 and Cardano (ADA) to $1.4, it is this…

How high Ripple and Yeti Ouro will go now that BTC has surpassed $100K

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin hits $100K, sparking crypto excitement as Ripple and Yeti Ouro emerge as bullish growth contenders. Bitcoin (BTC) has shattered records, surpassing the $100,000 mark for the first time. This milestone has fueled excitement across the crypto market, with investors now looking at other opportunities. Ripple (XRP) and Yeti Ouro (YETIO) are emerging as top contenders for significant growth in this bullish environment.  Bitcoin price surges past $100,000 Bitcoin’s…