Ripple (XRP)

More than 4,300 registered companies operating within the DIFC can now integrate XRP and TON tokens into their virtual asset services. The Dubai Financial Services Authority (DFSA) has added XRP (XRP) and Toncoin (TON) to the list of tokens that can be legally utilized within the Dubai International Financial Centre (DIFC). Now the total list of approved coins is brought to five, with Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC) authorized back in 2022. Recognition by the Dubai...

Solana (SOL) has emerged as the top-performing crypto asset, rallying to a level last seen in August 2022. The seventh-largest crypto by market cap surged nearly 14% over the past day, surpassing $44 on November 2nd. The latest price action has pushed its yearly gains to 40% and its monthly gains to 80%. It has outpaced many of the leading coins, such as BTC, ETH, and XRP. Source: CoinGeckoSolana’s Recovery Since FTX Debacle Solana, which had attracted users and buzz with its...

Litecoin started a steady increase above $67.50 against the US Dollar. LTC price is now trading above $68 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.20 and $72.85 resistance levels. Litecoin price is recovering from the $67.00 zone against the US Dollar, like Bitcoin. LTC...

TL;DR XRP’s Price Predictions: XRP hit an 11-week high over $0.60 with varying predictions from analysts, ranging from short-term jumps to ambitious future values requiring substantial market cap growth. Whale Activity Surges: Large XRP investors have significantly increased their activity, reaching an all-time high in number and significant transaction values. October Transaction Peak: By October’s end, large XRP transactions surpassed $1 million, a three-month high. XRP to...

Ripple’s price is continuing its bullish momentum while also experiencing a rebound against BTC. Things are beginning to look positive for XRP. Technical Analysis By TradingRage The USDT Paired Chart Against USDT, the price has been rallying over the last few weeks. Both the 50-day and 200-day moving averages have been broken to the upside, and the price is now piercing through the $0.6 resistance level. The relative strength index has also been rising recently, entering the...

TL;DR XRP’s Potential Rise: XRP surpassed $0.56 with predictions of reaching $0.66 soon, while another bullish forecast sees it hitting $220, though this requires a massive market cap increase. Comparison with BTC: Discussions suggest XRP might outpace BTC in 2024, especially if Ripple succeeds against the SEC. ChatGPT’s Insights: AI predicts positive momentum for both XRP (with a Ripple SEC win) and BTC, driven by regulatory developments like a US Bitcoin ETF approval....

XRP price started a downside correction below the $0.565 zone against the US dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5440 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.565 resistance. XRP price is consolidating near $0.550 against the US Dollar, like Bitcoin. It must stay above the...

In September, a Seattle startup lab of white hat hackers sent proof to a senior writer at WIRED Magazine that they could crack the IronKey S200 thumb drive containing 7002 Bitcoins. But former Ripple CTO Stefan Thomas incredibly refused an offer by the Seattle startup, named Unciphered, to access the USB drive for him. Fmr. Ripple CTO Getting Closer to His 7002 Bitcoins Thomas told WIRED that he had already hired another team to work on the problem for him. The former Ripple...

TL;DR Central Bank Adoption: The Central Bank of Nigeria referenced a 2020 Ripple Labs study, indicating 85% of payment leaders from 22 nations anticipate a CBDC launch in their countries within the next four years. National Digital Currency Update: By 2022, 100 CBDCs were in progress, with Nigeria’s eNaira and the Bahamian sand dollar as notable launches. However, Nigerians have been slower to embrace the eNaira compared to global cryptocurrencies. Crypto Popularity in...

Seit Anfang Oktober bietet die Zuger Kantonalbank als erste Staatsbank der Schweiz ihren Kunden den Handel und die Verwahrung von Krypto-Assets an. Bisher traf das Angebot auf reges Interesse bei den Zugern, wie Medien aus dem Crypto Valley schreiben. Sicher ist auch: Weitere Kantonalbanken dürften im Verlauf des kommenden Jahres an den Start gehen.Die Kantonalbank Zug wagte den grossen Schritt und informierte diesen Monat wie folgt: Seit heute können Kundinnen und Kunden der Zuger...