In a remarkable turn of events, XRP derivatives trading volume has experienced an astonishing surge of 204% within a mere 24-hour period. This surge coincides with the recent disclosure by Judge Torres regarding the denial of the Securities and Exchange Commission’s (SEC) interlocutory appeal against Ripple Labs. Judge’s Ruling Against SEC Boosts XRP Sentiment According to data…
Certain events have been touted as being able to impact the XRP price significantly. Some of these events already seem to be happening, raising the hopes of the XRP community that the token could indeed hit $1 before the year runs out. Ripple Expands To Singapore In a statement released on October 3, Ripple announced…
XRP price might have struggled to leave the $0.50 range over the last several months, even despite a victory in Ripple’s case with the SEC. But all that could change in Q4 2023, as the fourth quarter of the year is historically the most bullish for the altcoin. With this in mind, let’s dig into…
Over the last month, a number of XRP price predictions have dominated crypto headlines. Some of these predictions have been greatly exaggerated, but there have been some that have come up on the more realistic side. Whether or not these XRP price predictions have been probable, there are some merits to actually paying attention to…
A pro-XRP lawyer has highlighted more casualties and negative impacts the regulatory authority has inflicted on XRP and its investors as well as individuals and businesses associated with the cryptocurrency. So while Ripple has stated it has lost over $200 million in its fight against the US SEC, it seems that is not the only…
The sentiment around the XRP price has been mostly bullish lately with numerous predictions coming through for a potential rally. However, not everyone has joined the bull bandwagon after being disappointed by the XRP price performance. One analyst in particular has expressed its displeasure at XRP’s performance over the years, and as a result of…
Following its victory against the US Securities and Exchange Commission, the XRP price has been displaying bullish sentiments, effectively gaining the attention of long-term investors seeking to buy and hold to gain more profits. In light of this, a crypto CEO has disclosed his insights on XRP’s bullish outlook, acknowledging the prospects of a bull…
Despite some analysts noting why XRP is unlikely to end on a high, certain macro (and micro) factors could significantly impact the token’s price and possibly see it enjoy the same trajectory it did following Judge Analisa Torres’ ruling in favor of Ripple. SEC-Related Factors Could Impact XRP Price On August 17, the US Securities…
Ripple CTO David Schwartz has addressed claims made by El Salvador Advisor Max Keiser that the XRP token is a “centralized” cryptocurrency. Schwartz took to X (formerly Twitter) to clear the air, stating that the Bitcoin Adviser’s opinion of XRP was too ignorant to warrant a proper reciprocation. Ripple CTO Criticizes Centralization Claims On September…
One thing that has emerged that could influence the XRP price has been the possibility of Ripple carrying out an Initial Public Offering (IPO). This would mean that shares of the crypto firm would become publicly tradable like that of Coinbase’s COIN stock. However, even more prominent among investors is the possibility of how high…