Price Analysis
Bitcoin price may have reached a short-term top, but this could open the door to a long-awaited altcoin season.
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XRP Crypto News
Founded in 2012 as OpenCoin, Ripple Labs is the software company developing the XRP (XRP) cryptocurrency and distributed ledger technology alongside a suite of payment protocols for streamlined cross-border settlement for financial institutions.
On the Ripple Network, any currency or asset can be used for transactions without relying on XRP, though XRP acts as a bridge between currencies when needed. Ripple’s On-Demand Liquidity service utilizes XRP for cross-border transactions, eliminating the need for pre-funded accounts. This approach facilitated partnerships with major entities like Santander, Bank of America and American Express. However, XRP’s role led to legal issues with the United States Securities and Exchange Commission (SEC), which filed a lawsuit in December 2020, accusing Ripple and its executives of illegally selling XRP to investors without proper security registration.
On July 13, 2023, a court ruled that Ripple’s $728.9 million XRP sales to institutional clients constituted unregistered securities sales, giving the SEC a partial victory. Ripple targeted institutional investors, endorsing a speculative value thesis for XRP contingent on blockchain improvements. Further legal proceedings are likely, with Ripple possibly appealing or presenting new arguments against the court’s decision.
- Altcoin Watch
An increase in leverage use and favorable regulatory changes could trigger an XRP rally to $3.50 and above.
16803 - Altcoin Watch
XRP’s price action is painting a classic bullish continuation pattern on the chart, with a profit target at around $14.
5522 - Price Analysis
Bitcoin price rallied to a new all-time high and if it holds, select altcoins look ready to follow.
9341 - Price Analysis
Bitcoin’s quick recovery from its Asia-trading session trade-off shows bulls are viewing every dip as a buying opportunity as BTC approaches new all-time highs.
7753 - Altcoin Watch
XRP futures' open interest has dropped sharply in the past five days, creating downside prospects for XRP price and a potential retest of the important $2 level.
5999 - Price Analysis
Bitcoin price breakouts have been capped at $104,000, but a rally through the resistance could open the door for a run to $130,000.
14946 - News
Ripple’s Stuart Alderoty said “procedural concerns” are at the heart of a court’s denial of a joint motion by Ripple and the SEC to settle the regulator’s case against it.
6205 - Altcoin Watch
XRP price recovery remains on course as its futures open interest rises, but can it retest its multi-year highs at $3.40 in this month?
4334 - Altcoin Watch
XRP trades below whale cost basis of $2.58, signaling risk of a broader pullback to $1.04 or $0.67 unless bulls reclaim key levels soon.
3235 - Altcoin Watch
XRP’s short-term technicals show signs of upside exhaustion, with some patterns pointing to a drop under $2.
16086 - Price Analysis
Altcoin season carries on as Bitcoin price consolidates throughout the week.
9955 - Market Analysis
XRP price technical breakouts support a strong bullish continuation toward $3.69 in the short term and $17 in the long term.
2950 - News
Over 80% of investors are betting on the approval of a Solana and Litecoin ETF in 2025, despite the latest delay from the SEC.
12008 - Altcoin Watch
XRP whale flow data mirrors patterns from 2024, which preceded the price to rally from under $0.50 to over $3.50 in a span of several months.
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