In Brief Blockchain company Ripple has rebranded to align with its vision for the Internet of Value. The firm is refining its product offerings to focus on cross-border payments and stablecoins. Ripple’s website update suggests a shift away from Central Bank Digital Currencies (CBDCs). Ripple announced a significant rebrand, aligning its identity with the Internet…
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In Brief Ripple and MoonPay have donated $50,000 in RLUSD stablecoin to the Los Angeles Fire Department Foundation. The donation is part of Ripple’s Ripple Impact initiative, which has contributed over $170 million globally. This effort highlights the growing role of cryptocurrency in addressing real-world challenges, including disaster relief. Ripple and MoonPay have joined forces…
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In Brief Ripple’s price surged over 330% in 30 days, hitting a 6-year high, but RSI at 46 suggests cooling bullish momentum and potential consolidation. XRP’s CMF at -0.01 highlights weak selling pressure, with uncertainty surrounding the asset’s ability to sustain positive momentum. Price could test $2.16 support or drop to $1.63, but regaining momentum…
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In Brief XRP soars to $2.37, overtaking USDT and Solana with a market cap of $135.37 billion. XRP regains pre-SEC lawsuit valuation when Hinman emails fueled regulatory uncertainty. Potential Ripple partnerships and leadership shifts hint at further XRP elevation and growth. The crypto market is abuzz after witnessing a seismic shift. XRP, the powering token…
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In Brief XRP price remains stable with neutral RSI and modest buying activity, signaling an uncertain trend direction. Chaikin Money Flow turned positive at 0.08, reflecting slight accumulation but weak buying pressure overall. A potential bullish EMA crossover could break resistance if buying momentum strengthens in the coming days. Ripple (XRP) price has been relatively…
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In Brief Despite important happenings within the Ripple ecosystem, XRP’s price remains muted. Ripple’s announcement of XRPL smart contracts had no positive effect, with XRP’s price dropping 3%. Rising selling pressure and negative market indicators suggest further XRP devaluation toward $0.52 or $0.46. XRP’s strong correlation with Bitcoin (BTC) might be limiting its performance, as…
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In Brief The SEC is expected to appeal Ripple’s court ruling on XRP sales. The agency disputes the classification of XRP secondary sales. The appeal could also challenge the reduced $125 million fine. The US Securities and Exchange Commission (SEC) is expected to appeal the judge’s ruling in its case against Ripple Labs. The appeal…
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In Brief Ripple’s (XRP) price nearly crashed by 11% in a day yesterday before recovering to trade at $0.43. The participation from XRP holders continues to remain weak, impacting the potential for recovery. Conviction, however, is still strong as investors are refraining from moving their holdings around. Ripple (XRP) price momentum has turned bearish, and…
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In Brief XRP price is slowing its drawdown after falling below $0.50 in the last two weeks. Whales have accumulated over 100 million XRP worth $47 million in the last 48 hours. Retail investors are not very active in the network, which could counter whales’ bullishness. Ripple’s (XRP) price action has consistently disappointed its investors,…
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In Brief XRP price is slowing its drawdown after falling below $0.50 in the last two weeks. Whales have accumulated over 100 million XRP worth $47 million in the last 48 hours. Retail investors are not very active in the network, which could counter whales’ bullishness. Ripple’s (XRP) price action has consistently disappointed its investors,…
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