Tag: xrp
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XRP Price Rises Amid ETF Speculation and Ripple Partnership
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XRP has surged 3% on 11 February, marking its best intraday performance in over a week. The cryptocurrency’s gains come as speculation grows over the potential approval of an XRP exchange-traded fund (ETF) in the United States, alongside Ripple’s new partnership with Unicâmbio. XRP ETF Approval Odds Increase XRP’s price has been buoyed by increasing…
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XRP Analysts Predict $5 Surge, Long-Term Target of $18
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Bullish Forecast Despite Recent Pullback XRP price analysts remain optimistic about the cryptocurrency’s long-term potential, with projections suggesting a rally towards $5 in the near future and a possible surge to $18 if bullish momentum prevails. Despite a recent dip, market experts believe XRP’s price action aligns with a classic Elliott Wave structure, which could…
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The recent failure of the XRP Ledger is explained by the Ripple CTO.
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The XRP Ledger (XRPL) recently experienced a significant technical disruption, temporarily halting block production for about an hour. This unexpected outage raised concerns within the XRP community and allowed critics to question the network’s reliability. Unraveling the Cause of the Outage Ripple’s Chief Technology Officer, David Schwartz, commented on the situation, explaining that although the network is recovering,…
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XRP Faces Potential Correction Amidst Bullish Prospects
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XRP Price Analysis: Will the Market See Another Drop? XRP has experienced a pullback following its recent rally, with signs suggesting the price may be topping out. The cryptocurrency recently dropped 4% in value, trading as low as $3.02 on January 29. Market indicators now suggest the possibility of a further decline, even as a…
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$16 million is invested by Changpeng Zhao in the Sign Project.
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YZi Labs, the investment firm founded by Binance‘s Changpeng Zhao, has announced a significant $16 million investment in the altcoin project Sign. This venture, which focuses on providing on-chain token distribution services, also garnered backing from notable firms like Altos Ventures, HackVC, and Amber Ventures. This latest funding initiative marks a meaningful expansion of YZi Labs’ portfolio, increasing…
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XRP Price Surges 12% Amid Ripple’s Regulatory Milestones
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XRP has experienced a remarkable 12% surge over the last 24 hours, trading at $3.11 as of January 28. This bullish momentum follows Ripple’s successful acquisition of Money Transmitter Licenses (MTLs) in New York and Texas, alongside other favourable market dynamics. The cryptocurrency rebounded from a low of $2.66 on January 27, peaking at $3.21…
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XRP Hits New All-Time High Amid Bullish Momentum
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Ripple’s native token, XRP, has soared 42% in the past week, hitting a new all-time high of $3.40. On Thursday alone, XRP’s 24-hour trading volume surpassed that of Ethereum (ETH), signaling robust market interest. As of Friday, the altcoin traded at $3.2385, with analysts predicting further gains as it enters a price discovery phase. President-elect…
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XRP Poised for Explosive Rally, Echoing 2017 Bull Market Patterns
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XRP, the cryptocurrency associated with Ripple, has exhibited a remarkable performance against Bitcoin (BTC) in early 2025. Recent price action suggests parallels with XRP’s explosive rally in 2017, raising the possibility of a significant surge in the coming months. XRP Surges by 350% Since Trump’s Election Win Since Donald Trump’s US presidential election victory in…
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XRP Price Eyes $13 as Bullish Momentum Builds
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XRP has surged to $2.96, erasing its early 2025 losses and reaching its highest value in six years. The cryptocurrency’s remarkable rebound, which saw a 30% increase from its monthly low, has been attributed to significant whale accumulation and optimistic market conditions. Investors holding between 1 million and 10 million tokens have played a key…
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XRP ETFs Could Hit $8 Billion, But Broader Crypto Demand Looks Weak: JPMorgan
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JPMorgan analysts foresee up to $8 billion flowing into XRP exchange-traded funds (ETFs) and $3 to $6 billion into Solana ETFs. However, they predict tepid demand for cryptocurrency ETFs beyond Bitcoin and Ethereum, highlighting a limited investor appetite for altcoin-focused products. While Ripple’s ongoing legal battle with the SEC could conclude in 2025, potentially boosting…