BTC technical indicators like RSI (44) and MACD hint at potential further bearishness, with $90,000 serving as a crucial support level if the price dips lower. After a sharp decline below $3,000, Ethereum has rebounded with a 3% weekly gain, closing at $2,690. Ripple (XRP) gained 7% this week, trading at $2.55 after recovering from
Even with the creation of a new SEC task force and the implementation of pro-crypto regulations, Weiss Crypto remains unconvinced that these changes will fundamentally impact XRP’s future. This skepticism is shared by Ryan Selkis, who argues that despite the regulatory optimism, an XRP comeback remains unlikely. The cryptocurrency community, particularly supporters of XRP, is
Digital assets are predicted to constitute 10% of global holdings by 2030, creating a $20 trillion opportunity for institutional digital asset custody. Fintech firms like Ripple are leveraging their agility and advanced technology to offer secure and compliant digital asset custody solutions to institutions and retail users. The financial industry is undergoing a massive transformation,
Ripple’s RLUSD stablecoin strengthens its payments ecosystem, positioning XRP as a key liquidity asset. As RLUSD adoption grows, XRP demand could surge, enhancing its role in global cross-border transactions. Ripple has officially launched its highly anticipated stablecoin, Ripple USD (RLUSD), marking a major milestone in its efforts to revolutionize global payments. CNF previously highlighted Ripple’s
XRP made up 14% of Coinbase’s Q4 transaction revenue. Trading and regulatory optimism boosted XRP’s market position. Leading cryptocurrency exchange Coinbase has reported a significant increase in transaction revenues for the fourth quarter of 2024. XRP transactions played a major role in this increase. According to its reported earnings, XRP contributed 14% to total transaction
XRP supporters strongly push back against Eric Yakes’ claims, defending its utility and decentralization. The debate highlights the ongoing divide between Bitcoin maximalists and Ripple advocates over crypto’s future. Amid recent criticism, as reported by CNF, that Ripple CEO called the Crypto Czar’s press conference a “100% big deal,” Eric Yakes, author of The 7th
Ripple is leveraging RWA tokenization by using the XRP Ledger to enhance the financial sector. XRPL enables fast, low-cost transactions with built-in security and decentralized exchange capabilities. Ripple has recently published a blog post outlining its role in real-world asset (RWA) tokenization, leveraging the XRP Ledger (XRPL) to enhance financial efficiency and accessibility. The company
A closed-door meeting is scheduled for today between the SEC and Ripple, and could result in an outcome of the lawsuit. A withdrawal of the SEC’s appeal could trigger institutional adoption and pave the way for a Ripple IPO, opening up new opportunities in the cryptocurrency market. The XRP community is on edge as the
The 30-day MVRV ratio suggests XRP may have bottomed, potentially setting the stage for a significant price rebound based on historical patterns. While spot market activity builds, XRP’s derivatives market shows hesitation, with open interest falling by over 30% and funding rates remaining negative. XRP price has risen by 2% in the initial Asian trading
XRP’s price surge to $2.44 reignites speculation of a potential rally toward $15, driven by technical patterns and market optimism. Discussions on a US XRP Reserve raise debates over its viability, with Ripple’s speed and banking partnerships establishing it as a strong competitor. XRP’s price is on the move, trading at $2.44 after a 2%