Ripple (XRP)

TL;DR Uphold’s XRP Giveaway Winner: Uphold, a New York-based cryptocurrency exchange, awarded 20,000 XRP to Oregon resident Daniel Z. and plans to give away 50,000 XRP in November, increasing from an initial 10,000 XRP after partnering with Ripple. November Sweepstakes Mechanics: Participants in Uphold’s November sweepstakes can win 50,000 XRP by making trades, with each $20 trade providing an entry. XRP Price Outlook: Analysts predict a rise in XRP’s price, with potential...

In a recent appearance on the X platform, Ripple CEO Brad Garlinghouse voiced his apprehensions regarding the proliferation of deepfake scam videos on YouTube. He cited a specific incident where old video footage from Ripple’s events was manipulated, overlaying new words to create a deceptive narrative. Expressing his concern directly to the video hosting giant, Garlinghouse questioned their vigilance, urging them not to be complacent. He emphasized the importance of public caution, advising...

For several hours, the iShares XRP Trust appeared on the ICIS Delaware website suggesting that BlackRock had filed to list an XRP ETF, which was confirmed to be fake. Amid the ongoing Bitcoin (BTC) and Ethereum (ETH), exchange-traded funds (ETFs) in the United States, the crypto community has questioned why the Ripple Labs-backed XRP has not been included and it has legal clarity. On Monday, reports circulated on the X platform that BlackRock Inc (NYSE: BLK) had filed to list an XRP...

The price of XRP soared from $0.65 to $0.73 on Monday following news that asset management giant BlackRock had registered the iShares XRP Trust in Delaware. However, later reports confirmed that the supposed registration was fake news, taking XRP’s price back down to $0.65. According to the state of Delaware’s website, there is an entity registered under file number 2619091 going by the name of “iShares XRP Trust.” While the filing appears to be under the name of a BlackRock...

TL;DR Stay Vigilant for This Ripple (XRP) Fraud Numerous X (Twitter) users have recently rung the alarm bell regarding a scam that targets XRP holders, with one of them being the blockchain analyst Crypto Eri. They posted a video on the social media depicting how Ripple’s CEO – Brad Garlinghouse – urges people to send between 1,000 and 5,000 XRP to a mysterious address and later receive double the amount they have transferred. However, the video seems to be created by...

Digital asset investment products saw inflows amounting to $293 million over the past week. This extended a seven-week streak of inflows surpassing the $1 billion milestone. Year-to-date inflows now stand at $1.14 billion, marking the third-highest annual inflows on record. Ethereum witnessed a massive turnaround in sentiment, welcoming its largest inflow since August 2022 of $49 million. According to CoinShares’ report, the last two weeks signified a “real turn” around in...

SOL-PERP and AVAX-PERP markets will be launched on Coinbase International Exchange and Coinbase Advanced starting November 14. Coinbase, a leading cryptocurrency exchange, revealed its plan to introduce perpetual futures contracts for two major altcoins, Solana (SOL) and Avalanche (AVAX). The exchange will feature SOL-PERP and AVAX-PERP markets on Coinbase International Exchange and Coinbase Advanced starting November 14, pending favorable liquidity conditions. Perpetual futures, a...

Garlinghouse emphasized the need for the SEC to reassess its regulatory approach, moving away from a pattern of enforcement through lawsuits. During the just-concluded Ripple’s Swell conference in Dubai, the company’s CEO Brad Garlinghouse shared his views regarding the United States Securities and Exchange Commission’s (SEC) role in protecting consumers against bad actors. In an interview with CNBC’s Dan Murphy, Garlinghouse stated that, in his opinion, the SEC has strayed from its...

Ripple price started a downside correction from the $0.7320 zone against the US dollar. The price is now trading below $0.6650 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6600 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.6200. Ripple price is consolidating near $0.640 against the US Dollar, like Bitcoin. XRP...

TL;DR Price Correlation Evidence: Recent data shows a high correlation coefficient (0.84) between Bitcoin and Ripple prices, suggesting a closer relationship than previously thought, especially compared to the negative correlation between Bitcoin and stock prices. Trading Volumes Indicate Overlap: High daily trading volumes for the XRP-BTC pair on major exchanges like Bitstamp and Binance demonstrate significant overlapping interest among investors in both cryptocurrencies....