Altcoin News by Thebittimes.Com

Ripple’s XRP token is red across the board, plummeting 8.6% in the last seven days, 8.7% in the 14-day chart, and 4.7% in the previous month. Additionally, the eighth-largest crypto project by market cap has dipped 7.2% since June 2023. Source: CoinGecko Also Read: XRP Avoids Extreme Bearish Cross Buildout: Can Ripple Breach $1 Now? Sean McBride, the former Director at Ripple, stated that XRP will not rally until ‘Judge Torres makes her decision.’ The former Ripple director is talking about the fintech company’s ongoing legal battle with the US SEC. McBride has gone as far as to call people who expect anything different as “delusional.” I think I’ve mentioned this before. Nothing significant is going to happen with the price of XRP until Judge Torres makes her decision. So anyone expecting anything different is delusional. The next big piece of this is clear legislation in the US. Hopefully that is on the way… — Sean McB...

The cryptocurrency market is showing signs of a recovery after a slight dip following the announcement that US authorities have sentenced Binance chief Changpeng Zhao (CZ) to four months in prison. Other assets, such as Ripple ’s XRP token, also show signs of a rebound. XRP has rallied 2.5% in the daily charts and 7.8% in the 14-day charts. However, the asset is still down by 10.7% over the previous month. Source: CoinGecko Also Read: Ripple (XRP) Set to Get Adoption Increase With New Development The slight rebound could be the effects of Bitcoin’s (BTC) recent halving. Historically, BTC’s halving has led to a market rally. However, Ripple ’s XRP is still a long way down from its 2018 peak. The asset is down by nearly 85% from its all-time high of $3.40, which it attained in January 2018, over six years ago. When can Ripple’s XRP reclaim its all-time high? Source – Bitcoin.com According to Changelly, XRP could reclaim its all-ti...

Amid the ever-changing landscape of the cryptocurrency market, followers of Ripple (XRP) are eagerly anticipating potential price movements in March 2024. Currently, XRP is amidst a downward trend, with its value hovering around $0.53. Speculation abounds regarding whether it will stabilize at $0.50 or initiate a recovery phase. Analyst Ali Martinez recently added fuel to the discussion, proposing that XRP could witness an ascent to $0.63 or even $0.65. Martinez, in a post on X, highlighted the Tom DeMark (TD) Sequential indicator as the basis for his optimistic forecast. However, Martinez tempered his outlook, stressing that XRP must surpass the $0.57 mark for his prediction to hold merit, signifying a critical validation point. The TD Sequential indicator has issued a buy signal on the $XRP weekly chart, indicating potential bullish momentum. If #XRP manages a sustained weekly close above $0.57, it could be the catalyst for a push toward $0.63 or even higher, reaching $0.65. p...

Ripple’s XRP token is one of the most popular cryptocurrencies in the market. The asset is a popular choice among users for cross-border remittance. Following the current market trend, XRP is witnessing a significant price surge over the last few days. The asset has rallied 4.2% in the daily charts, 10.6% in the weekly charts, and 13.3% in the 14-day charts. Moreover, the asset is up by nearly 43% since February 2023. Source: CoinGecko Also Read: Ripple: Investing $1,000 in XRP Could Make You a Millionaire, Here is How The current market sentiment is likely due to Bitcoin (BTC) reclaiming the $52k mark, a level last seen in 2021. BTC began to spike after a surge in inflows for spot BTC ETF (Exchange Traded Fund) products. Despite the recent rally, XRP’s movements have been slow, possibly due to Ripple ’s ongoing lawsuit with the US SEC (Securities and Exchange Commission). The SEC alleges that the sale of XRP b reach es securities laws. Last year, a US distr...

Ripple (XRP) appears to be laying the groundwork for a future XRP exchange-traded fund (ETF). A recent job opening for a Senior Manager for Business Development at Ripple listed a key responsibility: “drive cryptocurrency-related ETF initiatives with internal trading teams and relevant partners.” This has led some in the crypto community to wonder whether the blockchain payments company is aligning its strategy with the evolving crypto landscape. This development surfaces as Ripple navigates through a high-profile legal tussle with the U.S. Securities and Exchange Commission (SEC), which many speculate could eventually lead to clearer regulations and the much-anticipated approval of other crypto ETFs besides the Bitcoin spot ETF. The crypto analytics community and industry reporters have been quick to dissect the implications of this role. On Jan. 27, the cryptocurrency insights forum, Good Morning Crypto, took to X to highlight the possible significance of the little ti...

Ripple ’s native token XRP is currently trading around the $0.58 mark on Wednesday and is down nearly 4% in the day’s trade. The leading altcoin started November on the front foot but is now retracing in price as the markets settle down. The resignation of Binance CEO ‘CZ’ sent the cryptocurrency markets tumbling and experienced a $750 million rout in a day. Bitcoin and Ethereum saw a downturn of more than 3% while BNB coin plummeted double digits falling 12%. Also Read: Gold Prices Rally Towards $2,000: When Will It Reach $2,100? Leading altcoins like XRP and Cardano’s ADA slipped more than 4% and the markets remained in the red on Wednesday. However, will Ripple ’s native token XRP find a breakthrough and turn the tides next month in December 2023? In this article, we will highlight how high or low XRP’s price is predicted to move in the charts during the year-end. Ripple: December 2023 Price Prediction For XRP Source: Watcher Guru ...

Uphold will help Ripple enhance its underlying crypto liquidity infrastructure. Ripple’s cross-border solution has gained huge traction amid use cases such as liquidity management, tokenization and custody solutions. Ripple has struck a new partnership with crypto exchange and Web3 financial platform Uphold, the companies announced on Tuesday. As noted in a press release, the collaboration is aimed at enhancing crypto liquidity for Ripple’s cross-border payments infrastructure. Uphold to enhance Ripple’s infrastructure Ripple’s solution, which involves the use of XRP to reduce cost and delivery time in cross-border payments, has gained massive traction amid the San Francisco-based company’s global partnership s.  BIG NEWS: @Ripple Forges New Partnership with Uphold to Enhance Underlying Crypto Liquidity Infrastructurehttps://t.co/1gJh95KDTQ pic.twitter.com/FLSDQxO0co — Uphold (@UpholdInc) October 24, 2023 Upho...

Ripple community and Cardano founder have clashed over the definition of corruption in the context of the ETHgate scandal. Ripple chief technology officer David Schwartz has countered Cardano founder’s comments about possible motives behind the United States regulators’ determination that Ether (ETH) is not a security. Cardano founder Charles Hoskinson addressed the much-debated ETHgate theory in an AMA session on Oct. 8, arguing that the government’s actions were not about corruption. ETHgate is a conspiracy theory alleging that Ethereum received a free pass from U.S. regulators, particularly the U.S. Securities and Exchange Commission (SEC), which has been reiterating its stance that ETH isn’t a security for years. Despite SEC director William Hinman defining Ether as not a security in 2018, U.S. regulators have been struggling to establish the status of other coins, including XRP (XRP), which has created significant impediments to their adoption. According to Hoskinson, Hinman'...

Ripple ’s native token, XRP, is currently trading at $0.49 and has failed to climb above the $1 mark despite winning the lawsuit against the SEC. The judge ruled earlier this year that XRP is not a security, and the cryptocurrency spiked to $0.80 in two days. However, XRP is now back to its July lows and has shed all the gains that it generated after winning the lawsuit. A handful of investors are waiting for the token to reach $1, but XRP is now stagnant in price. Also Read: GTA 6 Expected To Earn $8 Billion in a Year After Its Release Source: CoinGecko Will investors make profits in XRP in the coming years, and can the cryptocurrency turn the tide? In this article, we will highlight how high or low XRP could reach in the next five years, in 2028. Ripple: XRP Price Prediction For 2028 Source: TheCoinRepublic.com Leading on-chain metrics and price prediction firm CoinCodex has painted a rosy picture for XRP for the next five years. According to the prediction, XRP mig...

John E. Deaton, the lawyer who played a prominent role in the Ripple Case, is very active on X (Twitter) and is not afraid to speak his mind. He has openly criticized the SEC, Gary Gensler, and other anti-crypto entities, including a number of politicians. Deaton recently scoped in on the former SEC Chairman, saying, “I will never let Jay Clayton off the hook.” advertisement Also Read: Bitcoin ETF “Approval Is Inevitable” Ex-US SEC Chair Jay Clayton John Deaton Unleashes A Flurry! Right off the bat, John Deaton cited Rolling Stone Magazine’s coverage of John Clayton’s election as the SEC Chair. The Rolling Stone coverage from 2017 called Clayton “the Most Conflicted SEC Chair Ever.” Then-U.S. President Donald Trump nominated Clayton.  In his  post , Deaton also mentioned the link between CSC and Jay Clayton; another controversial topic heavily reported during Clayton’s election as the SEC Chair....

Ripple’s native token, XRP, failed to climb above the $1 mark despite winning the lawsuit against the SEC last month. XRP spiked nearly 75% after the verdict came out in its favor, but quickly underwent a strong correction. The cryptocurrency is now hovering around the $0.50 mark, and the bullish rally has come to a screeching halt. XRP fell below the $1 mark in November 2021, never to reclaim the price target until today. It’s been nearly 22 months since the cryptocurrency has been trading below the $1 price range. Also Read: Shiba Inu: Here’s When SHIB Could Reach its All-Time High Source: Coingecko So when will Ripple ’s native token, XRP, climb above $1 and reclaim its previous glory in the charts? In this article, we will highlight the timeline for when XRP could trade above $1 next, according to a price prediction estimated by a leading on-chain metrics firm. Ripple Prediction: XRP Could Reach A Maximum High of $1.63, Here’s When Source: TheSun....

Renowned journalist Brooke Masters, in a Financial Times editorial, highlights the potential ramifications of the SEC’s regulatory drive in the cryptocurrency landscape. Masters underscores the pivotal role of the SEC’s decision to appeal the Torres ruling, suggesting it could empower the conservative Supreme Court majority to challenge the SEC’s jurisdiction, spurred by concerns about excessive regulatory measures. advertisement US Supreme Court To Interfere SEC This observation follows a recent incident where the SEC’s aggressive stance on crypto enforcement faced a setback as a federal judge in New York partially rejected it. The enforcement approach has also triggered concerns from some members of Congress who argue that it bypasses the legislature’s authority to formulate securities laws. Another side of this debate is also worth mentioning. The “Howey test,” is the reason cited by Torres in the Ripple ruling. The te...

Gensler made the statement while speaking at the National Press Club Headliners Luncheon, where he was asked about the implications of the recent court ruling on the crypto industry.  advertisement Gary Gensler Joins National Press Club Headliners Luncheon" width="678" height="509" src="about:blank" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen data-rocket-lazyload="fitvidscompatible" data-lazy-src="https://www.youtube.com/embed/LigI8_E9JXM?feature=oembed"> Gary Gensler Joins National Press Club Headliners Luncheon" width="678" height="509" src="https://www.youtube.com/embed/LigI8_E9JXM?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscree...