
XRP Surges Amid Regulatory Debates
XRP ended its six-week losing streak with a 24.09% weekly gain. Ripple CEO Brad Garlinghouse comments on the anniversary of the XRP ruling, criticizing the SEC’s approach to crypto regulation.
XRP ended its six-week losing streak with a 24.09% weekly gain. Ripple CEO Brad Garlinghouse comments on the anniversary of the XRP ruling, criticizing the SEC’s approach to crypto regulation.
ChatGPT predicts significant price increases for XRP if Ripple secures a victory in its ongoing lawsuit with the SEC, with estimates ranging from $3 to potentially $20 or more.
Blockchain firm Ripple has launched a new fund aimed at driving innovation on the XRP Ledger and expanding its presence in the Japanese and South Korean markets.
XRP’s price fell by around 4% on Friday after Ripple allegedly moved 200 million XRP tokens to an unknown wallet, fueling suspicions within the crypto community about the company’s intentions for its native token.
Analysts have made bold predictions for XRP’s price, with targets ranging from $5.85 to a staggering $100 or even $470, although the extreme targets are unlikely to be achieved. The ongoing Ripple vs SEC lawsuit significantly impacts XRP’s price movements.
The cryptocurrency market witnessed a resurgence, with Bitcoin and Ethereum seeing significant gains. However, XRP lagged behind, but analysts believe the asset is gearing up for a bullish rally, with some predicting it could reach $6.40 if it maintains above $0.49.
Ripple’s XRP has seen a 3% price increase, fueling speculation of a potential bull run as the Ripple vs. SEC case enters its final phase. Analysts predict significant price targets, with the most bullish scenario suggesting XRP could reach $20 in the near future.
Ripple has transferred a staggering 100 million XRP (worth $48.61 million) to an anonymous address, raising questions about the potential impact on XRP’s price amid its recent recovery.
Blockchain firm Ripple has announced the launch of its own U.S. dollar-pegged stablecoin, marking the company’s entry into the $150 billion stablecoin market. The move will pit Ripple against industry giants like Tether and Circle, as the crypto firm looks to establish a presence in the rapidly growing stablecoin space.
The U.S. Securities and Exchange Commission (SEC) has reportedly asked a federal judge to impose a staggering $2 billion in fines and penalties against Ripple Labs, a move that has been described as an attempt to “punish and intimidate” the blockchain firm and the wider crypto industry.