
200 Million XRP Moved by Ripple Labs, Will Price Hold $2 Support?
Ripple Labs is once again shuffling XRP between wallets, a trend that has sparked speculation on possible impact on the price of the coin.
Ripple Labs is once again shuffling XRP between wallets, a trend that has sparked speculation on possible impact on the price of the coin.
XRP shot up almost 3% in the past 24 hours after Ripple and the SEC submitted a joint filing for a 60-day pause to their appeals and cross-appeals.
XRP has surged 11% in a day to around $2, rebounding from $1.65 as whales move 70 million tokens in the past two weeks.
XRP holders’ lawyer is convinced that XRP is on track to flip Ethereum by the end of this year, a bold prediction he ba.cked by some key development trends.
Ripple has made its first major acquisition since the end of its legal battle with the US SEC, with Hidden Road set to become its subsidiary.
XRP has rebounded to $1.86, up 11% from a recent low, following the approval of Teucrium’s 2X Long Daily XRP ETF.
XRP price is staging resilience in the broader market, as the sustained selloff from Trump’s reciprocal tariff announcement is still biting risk assets.
Justin W. Keener claims to have “decisive evidence” in the Ripple vs SEC lawsuit that could significantly impact the ongoing developments.
Coinbase submitted a filing with the US Commodity Futures Trading Commission (CFTC) to introduce XRP futures trading, which is expected to launch on April 21.
Amid Trump’s reciprocal tariffs, XRP price came crashing down 5%, testing crucial support at $2, while futures liquidation surged to $18.5 million.
Ripple Labs has made a major escrow move with over 700 million XRP locked in, the first since its US SEC resolution.
XRP price has increased 7% to $2.17, with daily trading volume rising 18% to $4.22 billion.
XRP price may record a massive breakout if a 72,500% prediction from a top market analyst comes to reality.
XRP has formed a bearish head-and-shoulders (H&S) pattern on the daily chart, which if played out, could push XRP on a bearish drop towards $1.50.
Ripple has partnered up with Chipper Cash and eyes expansion in Africa, while reducing the time and cost of payment settlements.
Ripple token or XRP is an independent digital asset, native to the Ripple Consensus Ledger. Ripple is a real-time gross settlement system (RTGS), currency exchange and remittance network by Ripple. Also called the Ripple Transaction Protocol (RTXP) or Ripple protocol, it is built upon a distributed open source Internet protocol, consensus ledger and native currency (XRP).
Released in 2012, Ripple purports to enable “secure, instant and nearly free global financial transactions of any size with no chargebacks.” It supports tokens representing fiat currency, cryptocurrency, commodity or any other unit of value such as frequent flier miles or mobile minutes. At its core, Ripple is based around a shared, public database or ledger, which uses a consensus process that allows for payments, exchanges and remittance in a distributed process.