Ripple (XRP)

Bitcoin’s price performance continues to be rather underwhelming, with the asset remaining at essentially the same spot as yesterday at just over $29,000. Most altcoins are also quite stagnant today, with little-to-no movements from ETH, BNB, XRP, and others. Shiba Inu is the only exception from the larger caps. SHIB, APE, PEPE on the Rise Shiba Inu’s largest digital asset – SHIB – has been among the best performers lately, gaining double digits in the past week, as...

Evernode – a layer 2 smart contract solution built on top of the XRP Ledger (XRPL) – announced the first details of its airdrop intended to reach XRP holders. Such investors should provide a snapshot of their possessions by the beginning of September and must hold their tokens on-chain. The team behind the decentralized platform revealed that it will airdrop 5,160,960 Evers to eligible XRP holders. Investors will be required to send a snapshot of their stash (stored directly...

CoinspeakerRipple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin David Schwartz seems unsurprised that the Fed is reacting negatively to the new stablecoin issued by PayPal. Ripple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin

Litecoin is showing bearish signs and trading below $90 against the US Dollar. LTC price is now trading below $85 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $83.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $85 resistance zone. Litecoin price is struggling below $85 against the US Dollar, similar to Bitcoin. LTC price...

Gemini confirmed it now accepts XRP deposits after days of speculation driven by a cryptic post on its verified X account. The post, a thinking face emoji, was made in response to a question by crypto journalist David Gokhstein, who wondered whether Gemini would relist XRP. In its announcement, Gemini clarified that it would initially only accept XRP deposits, but it is working on enabling XRP-related trading pairs in the coming days. The exchange also asked its users to...

Ripple price started a fresh decline below the $0.685 zone against the US dollar. The price is now trading below $0.680 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.640 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.626 support zone. Ripple price is struggling below $0.685 against the US Dollar, similar to Bitcoin. XRP price...

Despite a largely bullish court ruling in favor of Ripple last month, Morgan Creek founder Mark Yusko is no more enthusiastic about the company, nor the XRP ledger. In a Tuesday interview, the investors said that the ledger is not only “corruptible,” but that it lacks any “real adoption.” Yusko’s View On Ripple In conversation with Darren Moore Jr, Yusko said that he “struggles” with the XRP ledger at large. While remaining open to the idea that it could serve as a payment...

CoinspeakerRipple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity The XRP market is heavily bolstered by the adoption of Ripple payment products including On-Demand Liquidity (ODL) and RipppeNet. Ripple-backed XRP Price Struggles to Rally towards $1 despite Regulatory Clarity

Pro-XRP lawyer John Deaton has said he’s willing to wager on the outcome of the U.S. Securities and Exchange Commission’s appeal against a recent ruling that determined Ripple’s XRP token is not a security under certain circumstances. Deaton, the founder, and host of CryptoLaw, remarked in a post on X (formerly Twitter) while supporting the view of fellow lawyer and crypto enthusiast Bill Morgan, who claimed the judge in the SEC vs XRP case had not erred in her decision....

The summer period’s lackluster trading activity is evident as digital asset investment products recorded outflows of $107 million this week. The profit-taking has gathered tremendous pace lately, with weekly trading volumes in investment products 36% below the year-to-date average. The wider on-exchange market has experienced a more significant decline, with volumes down 62% relative to the year-to-date average, according to the latest edition of CoinShares’ weekly report on...