Bitcoin and altcoins could be en route to retest their recent strong support levels as bears try to extend the correction.
Category: Ripple
Auto Added by WPeMatico
Price analysis 4/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin and altcoins continue to be rocked by macroeconomic and geopolitical uncertainty, but data shows bulls continue to buy each dip.
XRP Whales Accumulate As Price Surges Ahead Of Altcoin Pack
The recent price movement of XRP has caught the attention of crypto whales, who have been actively accumulating the digital asset amidst its fluctuations. Over the past week alone, these whales have acquired more than 31 million XRP tokens, signaling a bullish sentiment in the market. Currently trading at $0.544, XRP has outperformed many other altcoins, experiencing a notable 6% jump and reaching as high as $0.5687 today. This surge in price underscores growing investor confidence in the asset, potentially indicating a shift in market dynamics. $XRP dropped from $0.62 to $0.41, and #crypto whales took notice. They’ve bought over
The post XRP Whales Accumulate As Price Surges Ahead Of Altcoin Pack appeared first on The Merkle News.
Ripple Asks Court to Reject SEC’s $2 Billion Penalty Request in XRP Case
Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them in their entirety,” Ripple stated. Ripple Files Opposition to […]Ripple CEO Expects Crypto Market Cap to Double This Year — ‘I’m Very Optimistic’
Ripple CEO Brad Garlinghouse says he is “very optimistic” about the crypto market, predicting it could double its market cap this year. The executive explained that the macro trends, such as the spot bitcoin exchange-traded funds (ETFs), are driving “real institutional money” into the crypto space for the first time. Ripple’s CEO: Macro Factors Fuel […]XRP Witnesses Whale Activity Amidst Market Decline
Today, XRP, the digital asset closely associated with Ripple Labs, has captured the attention of investors amidst a broader downturn in the cryptocurrency market. The price of XRP experienced a notable decline, reaching $0.56, marking its lowest point in the past two weeks. Data from Santiment feed reveals that XRP holders collectively incurred losses totaling $25.67 million since yesterday. The price of $XRP fell today, dropping to $0.56, its lowest point in two weeks. @santimentfeed data shows that XRP holders have collectively lost $25.67 million since yesterday.#Ripple #XRPCommunity pic.twitter.com/sLRlt6HqZF — 山丨ㄥㄥ Trader_Kamikaze 🇧🇷 🤘 (@trader_kamikaze) April 3, 2024 Whale activity
The post XRP Witnesses Whale Activity Amidst Market Decline appeared first on The Merkle News.
Ripple’s Legal Chief Urges SEC to Own up to Its Mistakes After Years of ‘Misguided War on Crypto’
Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack of “faithful allegiance to the law,” and being “arbitrary and capricious.” Ripple’s Legal Chief […]Ripple Plans to Launch USD-Pegged Stablecoin, Expanding Token to XRP and Ethereum Ecosystems
Blockchain solutions company Ripple has unveiled its strategy to launch a stablecoin pegged to the U.S. dollar, aiming to boost liquidity on the XRP Ledger. Ripple Set to Introduce U.S. Dollar-Linked Stablecoin, Aiming for Wider Crypto Adoption In a statement released on Thursday, Ripple revealed its intention to introduce a stablecoin token linked to the […]Convicted UK Woman Found With $4B in BTC, the SEC Seeks $2B Fine From Ripple, and More — Week in Review
A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems unprecedented. The activation of a dormant bitcoin wallet, known […]SEC Asks Judge to Fine Ripple $2 Billion in XRP Case — Ripple CEO Says ‘There Is Absolutely No Precedent for This’
The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines from Ripple Labs in the ongoing XRP lawsuit. “There is absolutely no precedent for this,” exclaimed Ripple’s CEO regarding the $2 billion fine. “We will continue to expose the SEC for what they are when we respond to this.” SEC Wants […]