Investment in digital asset products continued to rise, with inflows reaching $1.35 billion last week, totaling $3.2 billion over the past three weeks. Trading volumes for Exchange Traded Products (ETPs) also saw a significant increase, up 45% week-over-week to $12.9 billion. However, this accounted for a lower-than-usual 22% of the overall crypto market volumes. Bitcoin Sees Inflows Amid Strong Market Sentiment According to the latest edition of CoinShares’ Digital Asset...
Read More »What Are Ripple’s (XRP) Chances to Chart a New ATH This Year?
TL;DR Ripple’s XRP has surged 40% in two weeks, now trading above $0.60, with analysts predicting further gains up to $8 or more. Key metrics like daily transactions and open interest are up, indicating strong market participation, though some traders remain skeptical about a major rally. Where’s XRP Headed? Ripple’s XRP has been on a tear as of late, with its price surging by 40% in the past two weeks. The last few days were quite turbulent for the asset which briefly...
Read More »6 Reasons XRP Price Could Hit $1 This Summer (Opinion)
This article represents the opinion of the author and is not to be construed as financial advice. Ripple’s XRP may be one of the most undervalued currencies in the blue-chip blockchain economy. That’s due to XRP’s legal success against the SEC and its product development. Could XRP price be gearing up for a moonshot bull run sometime in Q3? Very Bullish XRP Price Prediction XRP price analyst Egrag Crypto raised the staggering specter of a $17 XRP price sometime in the near...
Read More »Ripple Price Analysis: XRP Bulls Keen on Taking Out $0.64 But There’s a Catch
Following a minor rejection near the $0.64 resistance zone, the price retraced to the broken 200-day moving average, validating the bullish breakout. This movement signifies a positive market sentiment, with the price targeting a reclaim of the $0.64 resistance. By Shayan The Daily Chart A thorough analysis of the daily chart reveals that Ripple has maintained its upward trajectory toward the significant $0.64 resistance zone, a key threshold on the daily timeframe. However,...
Read More »XRP Trade Volumes Overtook Bitcoin, Registering Up To 40% of Total Volumes on South Korean Exchanges
South Korean exchanges saw XRP trading activity soar, even overtaking the largest cryptocurrency, BTC. The spectacle occurred as the US SEC (Securities and Exchange Commission) is expected to offer a resolution soon on the case it has going on against Ripple. XRP’s price rose by 20% during the same period its trade volume registered 40% of the total volume on Upbit, South Korea’s biggest crypto exchange. Bithumb and Korbit observed XRP registering 35% of their volumes. The occurrence...
Read More »We Asked ChatGPT if Ripple (XRP) Can Become a Top 3 Cryptocurrency This Year
TL;DR Ripple’s XRP has surged above $0.60, with a market cap of over $34 billion, making it the sixth-largest cryptocurrency. Future growth depends on several elements, one of which is the eventual outcome of the lawsuit against the US SEC. The Necessary Conditions Ripple’s XRP has been among the top-performing cryptocurrencies lately, with its price jumping above the $0.60 mark for the first time in more than three months. Its market capitalization exceeded $34 billion,...
Read More »XRP Soars 20% as Trading Volume Flips Bitcoin on South Korean Exchanges
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Read More »Importan Ripple (XRP) Update: Certain Users Need to Take Action
RippleX, the portal designed to empower developers in the XRP Ledger ecosystem, shared an important update today that requires action from certain users. In a post to Twitter, RippleX took the opportunity to remind people that anyone operating a node on XRPL has to upgrade to the latest version of Rippled in order to ensure the continuity of the service. Important reminder! If you operate an XRPL node to please upgrade to the latest version of rippled to ensure service...
Read More »Ripple-backed XRP Slides 7% amid Heightened XRPL’s Whale Activity
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Read More »US SEC Cancels Closed-Door Meeting Scheduled for July 18
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Ripple (XRP)
