With a mere fortnight left in the year, Stuart Alderoty, the Chief Legal Officer of Ripple, has provided perspectives on what lies ahead for the cryptocurrency landscape in 2024. The exec has predicted setbacks for the US SEC and even a possible Supreme Court confrontation. Despite these bullish prognoses, Alderoty anticipates difficulties on the legislative front. Ripple CTO Doubles Down on 2024 Predictions According to Alderoty, the lingering legal battle between Ripple and...
Read More »Is the Ripple (XRP) Price in Danger? Closer Look at an Important Metric
Ripple dominance, the measure of XRP’s market share by market capitalization in the competitive cryptocurrency segment, is flashing a warning signal this year. XRP Dominance Trends Lower XRP dominance is down 3.63% for the week, 18.83% over the past month, and 10.63% over the past six months. On the one-year window, Ripple’s percentage market share of all cryptocurrencies is down 11%. On the five-year window, it’s down 82%. Its peers on the market cap chart are faring...
Read More »Ripple President Says Cryptos Like XRP are Hastening Globalization
The New York Times featured the Ripple Labs president in a recent special series on global consumer behavior in 2024. “We asked a global group of entrepreneurs, business leaders and academics to assess consumer behavior,” wrote the Times. Ripple President Explains Global Appeal of XRP For her part in the series, Long makes the case that TradFi structures are “too slow to support” the current pace of global commercial growth. As a result, the developing world is turning to...
Read More »Ripple (XRP) Opportunity of a Lifetime According to Fmr. Goldman Sachs Exec Raoul Pal
Long-term XRP investors have shown remarkable patience and resilience as the SEC lawsuit winds down. After a string of victories against most of the SEC’s charges this year, Ripple Labs is still battling the regulator over how much of a financial penalty it should have to pay. Fmr. Goldman Head’s Lifetime Opportunity: XRP Real Vision CEO Raoul Pal told CryptoLaw founder and Ripple amicus brief lawyer John Deaton in a recent interview that he bought XRP after the Securities...
Read More »Ripple-Börsengang: XRP bald auf 11 USD-Dollar?
XRP ist die Kryptowährung des Zahlungsnetzwerks RippleNet, welches vom Unternehmen Ripple entwickelt wurde. Die Zukunft von Ripple im Bereich der Finanztechnologie ist ein faszinierendes Thema, das von verschiedenen dynamischen Faktoren beeinflusst wird. Ripple, ein Unternehmen, das auf der Blockchain-Technologie basiert, zielt darauf ab, das globale Finanzsystem zu revolutionieren. Es nutzt das XRP-Ledger, eine fortschrittliche...
Read More »Ripple Releases White Paper Reaffirming Its Belief in CBDCs
Ripple is currently working with over 20 central banks from around the world, helping them to develop digital versions of their national currency. Blockchain-based payment solutions provider Ripple has reaffirmed its support for central bank digital currencies (CBDC). In a 23-page white paper released on December 14, the firm explains the basics of CBDCs, their potential benefits, risks, and barriers to mainstream adoption. It also stresses the need for governments and private sector...
Read More »Popular Exchange Hosting 100K Ripple (XRP) Giveaway: Details
TL;DR Uphold is hosting an XRP giveaway to conclude 2023, offering 100,000 XRP to one winner and 1,000 XRP each to 25 participants. Eligibility requires a minimum of $20 in trades on the platform, with no limit on entry count. The giveaway is exclusive to US residents, continuing a series of similar events held by Uphold in previous months. This initiative follows Ripple’s partnership with Uphold in October to improve cross-border payments, leading to a surge in XRP trading...
Read More »Litecoin (LTC) Price Analysis: Can Bulls Push Price Above This Resistance?
Litecoin is holding the key support at $70.00 against the US Dollar. LTC price is now trading below $75.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $74.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $74.50 and $75.00 resistance levels. Litecoin price is recovering from the $70.00 zone against the US Dollar, like Bitcoin....
Read More »Ripple (XRP) to Hit $1 By the end of This Month? Analysts Chip In
TL;DR Recent XRP Price Dip and Optimistic Outlook: XRP has dropped from about $0.70 to $0.60, but analysts predict it could reach new highs before the end of 2023, potentially surpassing $1.20 soon. Analyst Predictions for XRP’s Future: EGRAG CRYPTO outlines two scenarios: the “Blue Route” with XRP rising to over $1.20 and an all-time high of $5.50 by late 2024, and the “Green Route” with a short-term drop to $0.50, followed by a surge to $22.50 by mid-2024. Exchange Support...
Read More »XRP Price Analysis: XRP Drops Again, Can This Support Hold?
XRP price started a fresh decline below the $0.650 zone against the US dollar. The price is now trading below $0.640 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.660 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.612 support zone. XRP price is struggling below $0.640 against the US Dollar, unlike Bitcoin. The price could decline...
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