Ripple (XRP)

In the following, we take a look at ChatGPT’s breakdown and analysis on the question of how high XRP can go if Bitcoin’s price reaches $1 million. The $1 million BTC price prediction was made by the popular analytics firm Bernstein Research. As CyrptoPotato reported earlier in June, Bernstein analysts predicted that BTC could reach $200K by the end of 2025. The experts further expect the cryptocurrency to reach $1 million by 2023, outlining: “We believe bitcoin is in a new...

Ripple CEO Brad Garlinghouse’s statements from a 2017 interview have incited a securities investigation in California. California District Judge Phyllis Hamilton has stated that XRP, Ripple’s native token, is a security when offered to retail investors. According to her, Ripple created an expectation of profits for retail investors, which is a component in the Howey Test used to determine if investments are securities. “The court declines to find as a matter of law that a reasonable investor...

Ripple’s ongoing case is undoubtedly at the forefront of the cryptocurrency industry, and its outcome is likely to have an impact on the price of XRP. However, analysts are taking the opportunity to forecast potential price points based on certain technical patterns, irrespective of the SEC lawsuit’s outcome. One such analyst is EGRAG CRYPTO, who recently pointed out a bullish candle formation known as the quarterly hammer. Ripple Price Prediction for 2024 The analyst points...

It’s been a tough week, and there are no two ways around it. The total cryptocurrency market capitalization declined by more than $70 billion as Bitcoin’s price dipped below $64K. It’s been somewhat of a rollercoaster ride throughout the past seven days as the BTC price attempted to recover on a few occasions but failed to regain its position. Last Friday, the cryptocurrency tumbled toward $65K but the bulls were quick to recover during the weekend. As soon as the new week...

The cryptocurrency market has been lackluster, with top assets trading sideways, showing minimal volatility and limited price movement. Despite this period of stagnation, data suggests that most of these digital assets are undervalued and have more upside potential. SHIB, DOGE, ADA Immensely Undervalued According to Santiment’s latest findings, the 30-day Market Value to Realized Value (MVRV) ratio found several assets to be undervalued. A lower MVRV ratio indicates that...

After making a comeback above $0.50 yesterday, XRP noted a mild decline from the level in the past 12 hours or so. The brief uptrend, however, wiped its weekly losses, making XRP the only top cryptocurrency in the green during the same period, with a slight rise. Investors Flock to XRP In line with the price action, XRP saw a surge in open interest (OI) as traders continued to closely monitor the ongoing legal battle between Ripple and the US Securities and Exchange...

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TL;DR David Hirsh, Chief of the Crypto Asset and Cyber Unit at the SEC, recently resigned, denying rumors of joining a Solana-based marketplace. His departure comes as the SEC’s lawsuit against Ripple progresses, with the regulator recently lowering its proposed penalty to $102.6 million. The Crypto Expert Resigns David Hirsh – one of the longstanding members of the United States Securities and Exchange Commission (SEC) – announced on LinkedIn that he resigned from the...

[unable to retrieve full-text content]CoinspeakerRipple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant The validator further revealed that the ticker and name used for the scam token are not unique on the XRP Ledger. Ripple’s Upcoming Stablecoin Launch Attracts Scammers: Investors Warned to Be Vigilant

[unable to retrieve full-text content]CoinspeakerRipple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute Ripple's increasing influence is evident as 80% of Japanese banks have partnered with the company for blockchain-based payment solutions. Ripple Collaborates with 10 Governments to Develop CBDCs amid Ongoing SEC Dispute