Is Ripple Behind The XRP Price Crash? Massive Selling Spree Sparks Concern

Ripple’s occasional sale of XRP tokens has always been pinpointed as one reason for XRP’s tepid price action. Once again, the crypto firm’s recent offloading of a significant amount of XRP has raised concerns about its negative effect on the crypto token.  Ripple Offloads 240 Million XRP On-chain data shows that Ripple transferred a total of 240 million XRP tokens to an unknown address in two separate transactions. The first transaction occurred on March 5, when it sent 100 million XRP to the address in question. Then, on March 13,…

Ripple, Cardano, and InQubeta highlight

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. As the crypto market gears up, XRP, ADA, and QUBE stand out for their growth potential and innovative contributions, particularly in AI and blockchain technology. The crypto scene is filled with exciting developments. Building up to the bull market is GoDaddy’s integration with ENS, the launch of new cryptos like Starknet and Pixels, and Bitcoin (BTC) hitting $73,000—a new ATH. Massive gains are up for grabs this cycle and…

Ripple (XRP) Snaps Losing Streak Against Bitcoin (BTC) Price; Crypto Rally Expands to Litecoin (LTC), AVAX, ADA, DOT

While bitcoin had already broken record highs and some corners of the crypto space such as meme coins and artificial-intelligence (AI) tokens experienced exorbitant gains, XRP had so far been notably absent from the action. When measured against bitcoin, XRP prior to today’s move had slid to a 3-year low, TradingView data shows. Even with this afternoon’s big jump, XRP is now only up 17% year-to-date, substantially underperforming BTC’s 64% advance and the broad-market CoinDesk 20 Index 54% gain. Source

Ripple price prediction for 2024: will XRP rise?

This analysis delves into the Ripple (XRP) price prediction, offering insights into its potential growth and the factors that could shape its journey in the coming years. Recently, Ripple (XRP) has seen a significant resurgence, with a 10% rally over the past week pushing its price close to over $0.61. Over the past year, XRP has seen an impressive gain of more than 70%, from $0.35 levels in Mar. 2023 to $0.59 as of March 1. However, it still trades far below its all-time high of $3.84, achieved in Jan.…

Is Ripple Dumping Millions Of XRP? CTO Addresses Reasons Behind $34 Million Transaction

Ripple has always been subjected to claims of manipulating the price of XRP and its natural growth by selling coins. As the cryptocurrency’s largest holder, Ripple has faced constant criticism about the amount of XRP it holds, with detractors arguing it gives them too much control and influence over the price.  Particularly, there’s been some drama swirling around the altcoin lately and claims that Ripple has been manipulating the market and systematically dumping its large holdings. This has come in light of a large transfer of 60 million XRP tokens…

Ripple CEO backs XRP ETF, calls for clearer crypto regulation

Ripple CEO Brad Garlinghouse, in a Bloomberg interview on Feb. 20, expressed support for the creation of an XRP exchange-traded fund (ETF).  Garlinghouse highlighted the importance of diversification for investors, comparing the current state of the cryptocurrency market to the early days of the stock market. He suggested that, like in the stock market, where investors seek exposure to a range of assets rather than a single stock, the cryptocurrency market will likely see the introduction of more ETFs to distribute risk more broadly.  However, he refrained from providing specifics…

Beyond Bitcoin: Ripple CEO Says Approval of Multiple Crypto ETFs ‘Inevitable’ — Embraces Idea of Spot XRP ETF

Ripple CEO Brad Garlinghouse believes that the U.S. Securities and Exchange Commission (SEC) will approve spot exchange-traded funds (ETFs) based on crypto tokens other than bitcoin. “I think it’s inevitable that there’ll be multiple ETFs around different tokens,” he stressed, noting that Ripple would welcome an XRP ETF. “In my opinion, it makes these markets […] Original

DeeStream presale draws Polkadot and Ripple investors

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin’s rally past $50k sparks investor interest in DeeStream, with DOT and XRP communities eyeing its streaming industry potential. Amidst the ongoing crypto bullish rally catalyzed by Bitcoin’s (BTC) surge past $50k, we delve into the market dynamics of Polkadot (DOT) and Ripple (XRP), closely examining the behavior of their respective investor communities. Of particular interest is the growing attention directed towards DeeStream (DST), a novel blockchain initiative poised…

Ripple to Buy New York Crypto Trust Company to Expand U.S. Options

Ripple is known in the U.S. for going toe-to-toe with the SEC in federal court over the regulator’s accusations that XRP was a security. Though one judge has largely ruled on Ripples’ side, the case will continue to be fought in higher courts. Long said the company’s hesitation about the U.S. isn’t as much about that specific clash as it’s about the regulatory uncertainty over digital assets. Source