Ripple (XRP)

CoinspeakerRipple and XRPL Labs Join Digital Asset Recovery Protocol DeRec Alliance The DeRec Alliance now has Ripple and XRPL Labs as founding members, as they develop a protocol for easy asset recovery. Ripple and XRPL Labs Join Digital Asset Recovery Protocol DeRec Alliance

CoinspeakerBitMEX Unites Forces with PowerTrade to Launch Deribit Challenger BitMEX said its options trading platform will offer a full range of institutional-grade options for digital assets. BitMEX Unites Forces with PowerTrade to Launch Deribit Challenger

CoinspeakerRipple’s Planned Stablecoin Draws SEC Scrutiny for Unregistered Status The SEC says Ripple's intention to issue a stablecoin, an unregistered asset, is further proof that it will continue to break the law. Ripple’s Planned Stablecoin Draws SEC Scrutiny for Unregistered Status

XRP price is attempting a fresh increase from the $0.4750 support against the US dollar. The price is now trading above $0.500 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $0.5050 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it clears the $0.5350 resistance. XRP price is consolidating above $0.5150 against the US Dollar, like Bitcoin. It must...

TL;DR XRP has remained resilient amidst a general market downturn, with analysts predicting substantial future gains. The ongoing Ripple v. SEC lawsuit could significantly influence the asset’s price, depending on the outcome. XRP Future Outlooks The latest correction in the cryptocurrency market, which resulted in multi-month low prices for Bitcoin (BTC), Ethereum (ETH), and many other digital assets, was not so devastating for Ripple’s XRP. Despite briefly plunging below...

Bitcoin’s price went on quite the wild ride throughout the past seven days. The cryptocurrency is down 4.2% during that period but this summary doesn’t do the action any justice, so let’s dive in. The market was fairly calm in the beginning of the week, trading at around $64K with little signs of significant volatility. Things started going downhill after April 30th, however. It was then BTC took a massive hit, dropping toward $60K, sending many investors in panic. The next...

Dormant tokens in the XRP Ledger have begun to stir, setting the stage for May’s market activity. New data suggest the blockchain is seeing another “huge blast” in dormant XRP movement, alongside increasing open interest (AI). Surge in Old XRP Coin Movement According to Santiment’s Token Age Consumed metric, there has been a significant surge in the movement of old XRP coins on the ledger, similar to the spike observed just before the market downturn on April 13th, during...

This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) Ethereum broke under $3,000 and closes this week with a 5% loss. This latest crash in the price made a lower low which shows bears are still in control of the price action. The current support is at $2,900 and buyers have to protect this level at all costs. If they fail, then the next major support will be found at $2,500. Looking ahead, ETH was quickly rejected at the...

Ripple’s price has been consolidating on against USDT and BTC, following a significant decline. Yet, things might be about to change for the better soon. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, XRP has recently rebounded from the $0.4 support level and has also broken back above the $0.5 zone. Yet, the market is currently retesting the $0.5 level. If it holds, the price will likely rally toward the $0.6 resistance zone and the 200-day moving...

In the tumultuous realm of cryptocurrency, where volatility and steep transaction fees are expected, BlockDAG emerges as a stabilizing force. Its recent introduction of a $100 million liquidity enhancement and a four-month vesting strategy at its launch positions it as a formidable contender against established cryptocurrencies like XRP and Ethereum. Moreover, BDAG has earned over $22.3 million in fundraising, while market analysts predict it will reach $20 by...