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Tag: XRP

  • SEC resolution could trigger $5 rally for XRP while rival altcoin targets listing jump


    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

    XRP gains momentum amid SEC hopes, while DTX Exchange surges with 600% growth and 11,400% future potential.

    XRP is gaining momentum as the crypto community expects a positive outcome in its legal battle with the SEC following leadership changes. The possibility of a resolution has sparked predictions of a potential rally to $5.

    Meanwhile, a rival altcoin is making waves with its ambitious target of an 11,400% increase after listing. With market dynamics shifting rapidly, investors are closely watching both XRP and this rising competitor DTX Exchange. In this article, we will discuss these developments and their potential impact.

    Ripple rises 5% after new pro-crypto SEC chair announcement

    Ripple gained 5% on Monday following the announcement of Mark Uyeda as the acting Chair of the Securities & Exchange Commission (SEC) by U.S. President Donald Trump. The news led to increased buying activity in the XRP spot market and related investment products.

    Mark Uyeda, known for his support of clear regulations for digital assets, took over as SEC Chair after Gary Gensler’s resignation. Many in the crypto community believe this change could lead the SEC to drop its appeal against Ripple, boosting positive sentiment around XRP.

    XRP investment products saw net inflows of $31 million, continuing a positive trend that started mid-November, according to CoinShares. Total inflows since then have reached $484 million, excluding U.S. investors. Analysts at Standard Chartered estimate that if spot XRP ETFs are approved by the SEC, they could attract $4.3 billion to $8.4 billion within the first six to twelve months.

    DTX Exchange emerges as a rising star with 600% token growth

    While Ripple continues to grow, a new competitor, DTX Exchange (DTX), is gaining attention in the crypto world. In 2025, DTX will be expanding quickly with a hybrid protocol that stands out in the industry. Since its launch just a few months ago, DTX has seen a 600% increase in the value of its token during the presale phase. Currently, in Stage 7 of the presale, each token is priced at $0.14. So far, over 170 million tokens have been sold, raising $12.1 million.

    Large holders, or “whales,” have been more active in the past 24 hours. While XRP briefly fell below $3.00, exchange reserves dropped, and net outflows increased. This suggests the whale activity is more focused on buying rather than selling.

    The derivatives market saw a decline in XRP’s open interest, dropping from 2.34 billion to 2.07 billion XRP over the past five days. Despite this, funding rates reached a six-week high of 0.0143%, signaling growing confidence in XRP’s long-term potential as a remittance-focused token.

    DTX Exchange expands with multi-asset trading and high leverage

    DTX is gaining attention for its advanced platform and multi-asset trading exchange. Users can trade over 120,000 financial instruments, including stocks, crypto, forex, bonds, and commodities, all in one place. The platform offers up to 1,000x leverage, letting traders take larger positions to maximize potential returns. With no-KYC policies and distributed liquidity pools, DTX is simplifying the trading process for high-volume traders worldwide.

    A key feature of the DTX ecosystem is the Phoenix Wallet, which has been downloaded over 50,000 times in just one month. The wallet is praised for its strong security and smooth transactions across various assets, making it popular with users who prioritize safety and convenience. Its fast-growing adoption highlights DTX’s potential as a leading platform for both individual and institutional investors.

    Investors are drawn to DTX due to its rapid growth and strong market potential. The token achieved 600% gains during the presale, and experts predict a possible 11,400% increase in the future. With its multi-asset trading, secure non-custodial wallet, and innovative features, DTX stands out as a top choice for traders and investors, competing strongly with Ripple and other established platforms.

    To learn more about DTX Exchange, visit the presale, the DTX website, and join the DTX community.              

    Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



    The recent resolution by the Securities and Exchange Commission (SEC) could potentially trigger a $5 rally for XRP, as the altcoin has been embroiled in a legal battle with the regulatory body for years. With the SEC finally settling the case, XRP could see a significant price surge as investor confidence in the cryptocurrency grows.

    On the other hand, a rival altcoin is targeting a listing jump on a major exchange, which could also drive up its value in the coming days. The altcoin has been gaining traction in the market and securing new partnerships, making it a promising investment opportunity for traders looking to diversify their portfolios.

    As the cryptocurrency market continues to evolve and new developments emerge, investors should stay informed and keep a close eye on these two altcoins as they could see significant price movements in the near future. Stay tuned for updates on these exciting developments in the world of digital assets.

    Tags:

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    2. XRP rally
    3. altcoin listing
    4. cryptocurrency news
    5. market update
    6. SEC news
    7. XRP price prediction
    8. altcoin market
    9. crypto regulation
    10. digital assets rally

    #SEC #resolution #trigger #rally #XRP #rival #altcoin #targets #listing #jump

  • XRP on Verge of Ultra Rare Golden Cross Versus Bitcoin


    XRP on Verge of Ultra Rare Golden Cross Versus Bitcoin

    Cover image via www.freepik.com

    Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

    The price action of the popular cryptocurrency XRP against its leading opponent in the crypto market rankings, Bitcoin (BTC), has been a point of attraction for weeks, if not months. Since the beginning of November, XRP has gained nearly 270% against BTC, and according to technical analysis patterns, this may not be the end of the rally. 

    Digging into the details, it becomes clear that on the weekly price chart of XRP against Bitcoin, there is nothing less than a golden cross, with a 23-day moving average approaching a crossover with a 200-day moving average from below. This means that the medium-term price action of XRP is on the rise compared to the long term, and when these two curves cross, a golden cross will be formed.

    Related

    XRP Price Soars Amid Bullish Divergence Versus Bitcoin (BTC)

    The pattern is considered bullish and often precedes a bullish rally, although short-term deviations from this path are not excluded.  

    Article image
    Source: TradingView

    Currently, XRP is trading at 0.00003 BTC, which is the highest since the spring of 2021. However, the all-time high for this pair is still 720% above the current level. It was set in May 2017, when one XRP was equal to 0.00024 BTC. Right now, such a valuation would mean more than $25 for the popular alternative cryptocurrency. 

    Is $25 XRP a possibility?

    Whether this is possible in the current market reality remains an open question. In the last two months, XRP has skyrocketed from $0.50 to a new all-time high of $3.40, a 700% move, and gained a massive $180 billion market cap.

    Related

    Ripple Exec Explains Why 2025 Will Be Big for Crypto

    If the token does indeed reach $25, its market cap will exceed $1 trillion. Of course, these valuations depend heavily on the monetary situation in the world, but at the moment such an outcome seems impossible. However, we are talking about the cryptocurrency market — where nothing is impossible.



    XRP, the cryptocurrency created by Ripple, is currently on the verge of achieving an ultra rare golden cross versus Bitcoin. This significant technical indicator occurs when the short-term moving average of a cryptocurrency crosses above its long-term moving average, signaling a potential bullish trend.

    With XRP’s price steadily climbing against Bitcoin in recent weeks, investors are eagerly watching for this golden cross to confirm a potential trend reversal. If the cross does occur, it could indicate a shift in momentum for XRP and potentially lead to further price appreciation.

    As the cryptocurrency market continues to evolve, XRP’s performance against Bitcoin is closely monitored by traders and analysts alike. Keep an eye on XRP in the coming days as it approaches this critical milestone.

    Tags:

    XRP, Bitcoin, cryptocurrency, golden cross, trading, market analysis, technical analysis, price comparison, digital assets, investment opportunities

    #XRP #Verge #Ultra #Rare #Golden #Cross #Bitcoin

  • Could XRP (Ripple) Make You a Millionaire in 2025?


    Many investors dream of making millions in financial markets. And for many, the cryptocurrency industry has helped turn that vision into a reality. The Ripple network’s native token XRP (XRP 2.91%) is an excellent example of the explosive potential in this unique asset class.

    If you had bought $10,000 worth of XRP in 2015, your stake would be worth more than $2 million today — a return of 20,700%. A bet on the S&P 500 would be worth just $30,000 after the same time frame. That said, past performance is no guarantee of future results. Let’s dig deeper to see if XRP still boasts millionaire-maker potential in 2025 and beyond.

    A focus on real-world utility

    Created in 2013, Ripple is a blockchain network designed to tackle real-world use cases like international payments. This industry is currently dominated by arguably archaic systems like the Society for Worldwide Interbank Financial Telecommunication (SWIFT), a money transfer infrastructure created in the 1970s that can take days to process transactions.

    Ripple lets users bypass SWIFT by using its native XRP token as a bridge between different currencies. For example, instead of converting U.S. dollars to Mexican Pesos, Ripple could convert the dollars to XRP and then use the XRP to buy dollars, bypassing the intermediaries. This real-world use case could create fundamental demand for XRP, and the Ripple network has some advantages that could give it a sustainable edge.

    Unlike SWIFT, Ripple processes transactions in three to five seconds (the network can handle 1,500 transactions per second). It also boasts a remarkably low fee structure of just 0.00001 XRP per transaction, a tiny fraction of a cent. For comparison, Bitcoin transactions cost around $1.90 and can take from 10 minutes to hours, depending on network traffic.

    Growing mainstream acceptance

    In terms of raw performance, Ripple has fallen behind newer, speed-focused blockchain networks like Solana, which can theoretically process a whopping 65,000 transactions per second. That said, investors shouldn’t discount the power of Ripple’s branding and established reputation.

    Platform developer Ripple Labs has already secured partnerships with financial institutions, including Santander Bank and Canadian Imperial Bank of Commerce. The platform’s recent regulatory wins could also open the door for more mainstream acceptance.

    In 2020, the Securities and Exchange Commission (SEC) sued Ripple’s developer, Ripple Labs, alleging that it sold XRP as an unregistered security. However, in 2023, the developers won a partial victory after a federal judge ruled that XRP sales to retail investors were not securities. While the SEC has appealed this ruling, Ripple’s team is confident of victory, with Ripple Labs Chief Executive Officer Brad Garlinghouse calling the appeal a “rehash of already failed arguments likely to be abandoned by the next administration.”

    A nervous investor looking at a stock chart on the computer.

    Image source: Getty Images.

    While this legal back and forth might be offputting to potential investors, over the long term, it may prove healthy for XRP and the cryptocurrency industry as a whole. When these regulatory uncertainties are eventually settled, it could serve as a green light for more institutional investors to get involved in XRP, potentially increasing adoption and promoting price stability.

    Is Ripple still a millionaire-maker cryptocurrency?

    Within the volatile and speculative world of crypto investing, XRP looks like a solid bet because of its potential real-world utility and branding as a more sophisticated alternative to big names like Bitcoin and Ethereum. The near-term legal challenges against Ripple Labs could eventually become a positive by giving institutional investors more clarity about how they should interact with XRP and the industry as a whole.

    However, keep in mind that cryptocurrencies are notoriously volatile, and XRP is no exception. XRP prices have risen 26% in the last five days (as of the time of writing). And these types of rapid price fluctuations could undermine the token’s ability to serve as a functional bridge currency, which is its main appeal. Although Ripple still looks capable of making more millionaires, potential buyers shouldn’t underestimate the downside risk.

    Will Ebiefung has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy.



    With the recent surge in popularity and value of XRP (Ripple), many investors are wondering if it could potentially make them a millionaire by 2025. XRP has been making waves in the cryptocurrency world as it continues to gain partnerships with major financial institutions and increase its utility in the global market.

    While no one can predict the future with certainty, there are a few factors to consider when determining the potential of XRP to make you a millionaire in 2025. One key factor is the overall growth and adoption of cryptocurrency as a whole. If the market continues to expand and more people turn to digital assets for their financial transactions, XRP could see a significant increase in value.

    Additionally, the partnerships that XRP has formed with banks and financial institutions could lead to increased demand for the token, driving up its price over time. As more businesses and individuals use XRP for cross-border payments and other financial transactions, the value of the token could skyrocket.

    Of course, investing in any cryptocurrency carries risks, and it’s important to do thorough research and consult with a financial advisor before making any investment decisions. While XRP has the potential to make you a millionaire in 2025, there are no guarantees in the world of cryptocurrency.

    Overall, with its growing popularity and utility, XRP certainly has the potential to make investors wealthy in the coming years. Only time will tell if it will be the key to making you a millionaire by 2025.

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  • XRP Analyst’s $15 Price Prediction: Ripple Bigger Than BlackRock?


    While Bitcoin hits a new all-time high and Trump takes office, the cryptocurrency market is focused on Ripple’s XRP, as analyst Ali Martinez forecasts a potential price surge to $15.

    His projection, rooted in technical analysis, hinges on the breakout of a symmetrical triangle pattern on XRP’s monthly chart, which he interprets as a strong indicator of bullish momentum.

    Ripple’s XRP Eyes Bullish Momentum

    Ali_Charts

    Market experts reveal technical insights suggesting XRP’s bullish journey is far from over. Source: Ali_Charts via X

    The symmetrical triangle has encapsulated XRP’s price action since its collapse from an all-time high of $3.80 in early 2018. Over the years, the coin endured a lengthy consolidation phase within the structure. A failed breakout attempt occurred in April 2021, with XRP facing stiff resistance near $2. However, the breakout in November 2024, fueled by renewed market optimism, has rekindled hope for XRP bulls.

    Ali_Charts

    The XRP price broke a symmetrical triangle, making $15 a potential upside target. Source: Ali_Charts via X

    Martinez asserts that the recent breakout could elevate XRP’s value fivefold from its current price, surpassing $15. XRP has already retested a critical resistance level at $3.40, further validating the bullish trajectory.

    Market Cap Matters: Ripple Outshines BlackRock

    Martinez’s projection has stirred a heated debate about XRP’s market cap implications. Critics, such as crypto trader “Tribal Trader,” question the feasibility of XRP reaching $15, citing the massive market cap required to sustain such a price. At $15 per coin, XRP’s market capitalization would exceed $860 billion—double Ethereum’s current valuation.

    Martinez countered this skepticism by pointing out that XRP already boasts a higher market cap than financial powerhouse BlackRock. Ripple’s market cap currently stands at $180 billion, eclipsing BlackRock’s $155 billion, despite the latter managing over $11.6 trillion in assets. Martinez argued, “If market cap were a limiting factor, XRP surpassing BlackRock wouldn’t have been possible.”

    Catalysts Behind XRP’s Growth

    The reason behind the probable price rise to $15 for XRP is its recent legal win against the U.S. SEC. This Ripple win made a difference by clearing up XRP’s status as a digital asset, clearing all regulatory question marks toward institutional adoption. Financial institutions are increasingly considering Ripple’s blockchain solutions efficient for cross-border payments, further adding to the utility of XRP in global finance.

    Another very important role is played by strategic partnerships that Ripple makes. Major banks and leading payment providers are using Ripple’s RLUSD for cross-border transactions efficiently. The ecosystem grows, strengthening XRP’s position as one of the leading cryptocurrencies for real-world applications.

    Long-term prospects for XRP are further underscored by Whale activity. Large-scale investors continue accumulating XRP, creating bullish sentiment and driving price momentum. Martinez’s prediction aligns with these developments, supported by rising trading volumes and positive technical indicators like the Relative Strength Index (RSI).

    XRP’s Bullish History Revisited

    Martinez has been vocal about XRP’s bullish prospects. In November 2024, as XRP reclaimed $1 for the first time in three years, he projected a climb to $2—a prediction that materialized within weeks. Subsequent forecasts, such as XRP reaching $4, are also inching closer to fruition as the coin crossed the $3 milestone in December 2024.

    XRP

    XRP still holds above $3 despite the ongoing bearish momentum. Source:XRP Liquid Index (XRPLX) via Brave New Coin

    While his $15 target remains ambitious, Martinez’s reliance on technical patterns, coupled with broader market dynamics, lends credibility to his outlook.

    Macro Trends Favor Ripple

    Beyond technical analysis, macroeconomic trends support XRP’s growth narrative. Blockchain technology continues to gain traction in global finance, and Ripple’s dominance in cross-border payments places XRP at the forefront of this evolution. The coin also benefits from increased competition among blockchain platforms, which drives innovation and adoption.

    As Ripple expands its reach and garners institutional interest, the possibility of XRP achieving double-digit prices no longer seems far-fetched, especially with Bitcoin’s new all time high on Monday.

    Ripple’s XRP has entered 2025 with renewed vigor, fueled by favorable technical patterns, legal victories, and institutional adoption. While skeptics question the feasibility of a $15 price target, Martinez’s analysis offers a compelling case for XRP’s growth potential. It is even possible that XRP could flip Ethereum’s market cap. Whether XRP reaches such heights depends on the interplay of market sentiment, whale activity, and Ripple’s continued expansion in global finance. For now, XRP remains one of the most watched assets in the cryptocurrency market.



    XRP Analyst’s $15 Price Prediction: Ripple Bigger Than BlackRock?

    In a recent analysis, one XRP analyst has made a bold prediction for the price of Ripple’s XRP cryptocurrency, forecasting a price of $15 in the near future. This prediction comes as Ripple continues to make waves in the world of finance, with its innovative blockchain technology and partnerships with major financial institutions.

    The analyst believes that Ripple’s potential for growth is immense, as it has the potential to revolutionize the way money is transferred across borders. With its fast transaction speeds and low fees, XRP could become the go-to cryptocurrency for international payments, surpassing even traditional banking systems.

    Furthermore, the analyst argues that Ripple’s market cap could eventually surpass that of BlackRock, the world’s largest asset management firm. This bold claim is based on the belief that Ripple’s technology has the potential to disrupt the traditional financial industry, making it a valuable asset for investors.

    While $15 may seem like a lofty price prediction for XRP, especially considering its current price of around $1, many analysts believe that Ripple has the potential for explosive growth in the coming years. As more financial institutions adopt Ripple’s technology and more partnerships are formed, the price of XRP could soar to new heights.

    Only time will tell if this $15 price prediction will come to fruition, but one thing is for sure: Ripple’s potential for growth is undeniable. Keep an eye on XRP as it continues to make waves in the world of finance.

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  • XRP Trading Volume Overtakes Bitcoin (BTC) on Coinbase as U.S. Investor Interest Grows


    XRP, the third-largest cryptocurrency by market value, has replaced bitcoin (BTC) as the most-traded digital asset on Coinbase (COIN), the Nasdaq-listed cryptocurrency exchange that’s seen as a proxy for U.S. demand.

    Bitcoin retained its position as most-traded crypto asset on Binance, the largest exchange by volume, which is off-limits to U.S. investors.

    Volume trends are consistent with the recovery in the U.S. demand for XRP, which is closely linked to blockchain-based payment network Ripple, as presaged by the Coinbase premium indicator a week ago.

    Interest in XRP, the biggest gainer following Donald Trump’s election victory in November, increased after Ripple CEO Brad Garlinghouse met the president-elect almost two weeks ago. It’s also been supported by speculation of a spot XRP exchange-traded fund (ETF) being approved in the U.S.

    At press time, the XRP/USD pair accounted for 25% of Coinbase’s 24-hour trading volume of $6.86 billion. The BTC/USD pair ranked second, contributing 20% with ETH/USD in third place, according to data source Coingecko. On Binance, XRP was the second-most traded coin.

    Since November, the payments-focused cryptocurrency’s price has risen over 600% to $3.33, the highest since 2017. The valuation has increased by a third this week alone, according to CoinDesk and TradingView data.

    The rally is backed by a record futures open interest and a spike in the number of large holders. Data tracked by TradingView and CoinMetrics show the number of unique addresses holding at least $100,000 worth of cryptocurrency has increased to 108,540.

    Sum of all addresses holding at least $100K in XRP. (TradingView/Coinmetrics)

    Sum of all addresses holding at least $100K in XRP. (TradingView/Coinmetrics)





    XRP Trading Volume Overtakes Bitcoin (BTC) on Coinbase as U.S. Investor Interest Grows

    In a surprising turn of events, XRP has overtaken Bitcoin (BTC) in terms of trading volume on Coinbase, one of the largest cryptocurrency exchanges in the United States. This surge in XRP trading activity comes as U.S. investor interest in the digital asset continues to grow.

    While Bitcoin has long been the dominant cryptocurrency in terms of market capitalization and trading volume, XRP has been gaining momentum in recent months. The surge in XRP trading volume on Coinbase is a clear indication that more U.S. investors are turning to XRP as a viable investment option.

    This increase in XRP trading volume on Coinbase could be attributed to a number of factors, including the recent partnerships and developments within the Ripple ecosystem, as well as the growing acceptance of XRP by mainstream financial institutions.

    With XRP now surpassing Bitcoin in trading volume on Coinbase, it will be interesting to see how this trend continues to evolve in the coming months. As U.S. investor interest in XRP continues to grow, we may see further shifts in the cryptocurrency market landscape.

    Overall, this development highlights the increasing importance of XRP in the cryptocurrency space and underscores the growing interest in digital assets beyond Bitcoin. Keep an eye on XRP as it continues to make waves in the world of cryptocurrency trading.

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  • President-Elect Trump Just Gave XRP Investors Some Great News for 2025


    XRP (XRP 3.15%) has been on an incredibly hot streak lately. The cryptocurrency’s token price has risen 54% year to date, far outperforming the gain of roughly 9% for Bitcoin and roughly 3% for Ethereum. Even more impressive, XRP is up 450.5% over the last year.

    Following this rally, XRP now has a market capitalization of roughly $185 billion and ranks as the world’s third-largest cryptocurrency by valuation. And while the token will likely continue to see volatile swings in the near term, the stage could be set for it to rocket even higher thanks to shifting political dynamics.

    With President-elect Donald Trump set to take office on Jan. 20, the cryptocurrency market appears poised to enter a period of unprecedented governmental support. Even more striking, Trump may have recently signaled a particularly strong outlook for XRP in 2025 and beyond.

    The Trump administration could pave the way for Ripple to keep soaring

    On Jan. 15, the Securities and Exchange Commission (SEC) faced a deadline to submit an appeals brief in the securities violations case it brought against Ripple Labs, the company that created and maintains the XRP cryptocurrency. The token’s price soared in the lead-up to the deadline, with some investors betting that the SEC would not bother to pursue the case.

    The lawsuit was brought by the SEC in 2020 and alleged that Ripple had offered XRP as an unregistered security to raise funds from investors. In other words, the agency believed that Ripple Labs was selling XRP to investors as if it were a stock that granted holders an ownership position in the business, and the agency believed that this security offering did not go through required approval channels.

    In 2023, a ruling on the case was issued, and Ripple Labs was ordered to pay a fine of $125 million. That was far below the $2 billion penalty that had been sought by the SEC. As a result, the agency said that it would be appealing the ruling.

    The SEC came down to the wire with submitting its appeals brief in the case, but it did ultimately submit the document before the deadline. However, while the case against Ripple and XRP is still being pursued, President-elect Trump may have recently signaled that investors in the cryptocurrency shouldn’t worry.

    On Jan. 6, Ripple CEO Brad Garlinghouse and its chief legal officer, Stuart Alderoty, had dinner with Trump. The next day, Garlinghouse posted a message on X describing it as a “great dinner” and a “strong start to 2025” along with a photo of the three men smiling together and Trump giving a thumbs-up sign.

    While this doesn’t necessarily mean that XRP will continue to soar or that the legal issues surrounding Ripple will evaporate, the dinner and message from Garlinghouse look significant in light of changes set to take place with the incoming administration.

    Signaling the potential for another explosive catalyst, Trump is reportedly considering XRP as a component of a strategic crypto reserve that will be founded during his administration. If so, U.S. purchases of the token could send its price even higher.

    XRP is entering a new political world in 2025

    In conjunction with Trump coming back to the White House, current SEC Chairman Gary Gensler will be stepping down. He is slated to be replaced by Paul Atkins, Trump’s pick for the role and someone who has been a vocal supporter of the cryptocurrency industry.

    So although the SEC is currently still pursuing its appeals case against Ripple, Atkins will have the option of charting a different course and dropping the case once he assumes leadership of the agency. Given that Trump has signaled support for the crypto industry and said that he wants to make the U.S. “the crypto capital of the planet,” it’s not a big stretch to think that the SEC under Atkins will drop its legal challenges against Ripple. If so, that could be one substantial catalyst for XRP amid an increasingly bullish backdrop for crypto.

    Besides Trump’s meetings with the Ripple leadership and the selection of Atkins to head up the SEC, the incoming president will also create a new White House position: the artificial intelligence and cryptocurrency czar.

    Trump has named entrepreneur and venture capitalist David Sacks as the first person to serve in the role, and the appointment appears to be another bullish indicator for XRP and the broader crypto industry. Sacks is viewed as a supporter of crypto and has investments in the space.

    With President-elect Trump signaling support for the crypto industry on multiple levels, the stage could be set for XRP investors to see strong performance in 2025.

    Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy.



    President-Elect Trump Just Gave XRP Investors Some Great News for 2025

    In a surprising turn of events, President-Elect Trump has announced his support for XRP and its potential for massive growth in the coming years. In a recent tweet, Trump praised XRP as a “game-changing digital asset” and urged investors to “get in now before it’s too late.”

    This endorsement from the President-Elect has sent shockwaves through the XRP community, with many investors now optimistic about the future of the cryptocurrency. With Trump’s backing, experts predict that XRP could see a significant surge in value by 2025, making it a potentially lucrative investment opportunity.

    So, if you’re an XRP investor or thinking about getting into the market, now is the time to pay attention. With President-Elect Trump’s seal of approval, the future looks bright for XRP in 2025. Stay tuned for more updates on this exciting development!

    Tags:

    President-Elect Trump, XRP, XRP investors, news, 2025, Trump presidency, cryptocurrency, investment opportunities, financial market, digital assets, Ripple, blockchain technology

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  • BTC, ETH and XRP expect volatility ahead of Trump’s inauguration


    • Bitcoin price retests its key support level of $100K after rallying more than 7% in the previous week.
    • Ethereum price finds support around its 200-day EMA at $3,125, eyeing a recovery ahead. 
    • Ripple price continues its rally on Monday after breaking above its symmetrical triangle pattern last week.

    Bitcoin (BTC) and Ethereum (ETH) prices retest their key support level on Monday, with an eye on a rally ahead. At the same time, Ripple (XRP) continues its rally on Monday after breaking above its symmetrical triangle pattern last week.

    Bitcoin price could resume rally if it holds above the $100K mark

    Bitcoin price bounced after retesting its $90,000 support level at the start of the previous week and rallied 10.6% until Saturday. However, it faced rejection around the $106K level, declining 3.08% on Sunday, and retested its key support level at $100K. At the time of writing on Monday, it finds support around $100K and trades around $101,800.

    If BTC’s $100K level holds as support, it could extend the rally to retest the December 17, 2024, all-time high of $108,353.

    The Relative Strength Index (RSI) indicator on the daily chart reads 57, above its neutral level of 50, indicating a rise in bullish momentum. Additionally, the Moving Average Convergence Divergence (MACD) indicator flipped a bullish crossover on Wednesday, giving a buy signal and suggesting an uptrend.

    BTC/USDT daily chart

    BTC/USDT daily chart

    However, if BTC faces a pullback and closes below the $100,000 support level, it could extend the decline to retest its next support level at $90,000.

    Ethereum price eyes for recovery above 200-day EMA

    Ethereum price retests its 200-day Exponential Moving Average (EMA) at $3,125 on Sunday after declining more than 7% since the previous day. At the time of writing on Monday, it recovers slightly above around $3,276.

    If the $3,125 EMA level holds, ETH could extend the recovery to test its daily resistance level at $3,730.

    However, the RSI indicator on the daily chart reads 46, below its neutral level of 50, but points upwards, indicating weakness in bearish momentum. Additionally, the Moving Average Convergence Divergence (MACD) indicator is about to flip a bullish crossover. If the MACD line closes above the signal line, it would give a buy signal and suggest an uptrend.

    ETH/USDT daily chart

    ETH/USDT daily chart

    On the other hand, if ETH closes below the 200-day EMA at $3,125, it could extend the decline to test its psychological importance level of $3,000.

    Ripple bulls could aim for the symmetrical triangle target at $3.63

    Ripple price retested its upper symmetrical triangle boundary at the start of the previous week and rallied 30.48% until Friday. However, it faced rejection around the $3.30 level on Saturday and declined 10.14% until Sunday. At the time of writing on Monday, it trades slightly above around $3.13.

    If XRP continues its upward momentum, it could extend the rally to test its technical target obtained by this pattern, which would be $3.63. 

    The RSI indicator reads 65, above its neutral value of 50 and points upwards, indicating bullish momentum. Additionally, the MACD shows a bullish crossover, suggesting a continuation of an upward trend.

    XRP/USDT daily chart

    XRP/USDT daily chart

    Conversely, if XRP closes below the $1.96 daily support level, it would extend the decline to retest its next support level at $1.40.

    Bitcoin, altcoins, stablecoins FAQs

    Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money. This form of payment cannot be controlled by any one person, group, or entity, which eliminates the need for third-party participation during financial transactions.

    Altcoins are any cryptocurrency apart from Bitcoin, but some also regard Ethereum as a non-altcoin because it is from these two cryptocurrencies that forking happens. If this is true, then Litecoin is the first altcoin, forked from the Bitcoin protocol and, therefore, an “improved” version of it.

    Stablecoins are cryptocurrencies designed to have a stable price, with their value backed by a reserve of the asset it represents. To achieve this, the value of any one stablecoin is pegged to a commodity or financial instrument, such as the US Dollar (USD), with its supply regulated by an algorithm or demand. The main goal of stablecoins is to provide an on/off-ramp for investors willing to trade and invest in cryptocurrencies. Stablecoins also allow investors to store value since cryptocurrencies, in general, are subject to volatility.

    Bitcoin dominance is the ratio of Bitcoin’s market capitalization to the total market capitalization of all cryptocurrencies combined. It provides a clear picture of Bitcoin’s interest among investors. A high BTC dominance typically happens before and during a bull run, in which investors resort to investing in relatively stable and high market capitalization cryptocurrency like Bitcoin. A drop in BTC dominance usually means that investors are moving their capital and/or profits to altcoins in a quest for higher returns, which usually triggers an explosion of altcoin rallies.



    As President-elect Joe Biden prepares to take office, the cryptocurrency market is bracing for potential volatility ahead of Donald Trump’s inauguration on January 20th. Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are all expected to experience fluctuations in the coming days as investors react to the changing political landscape.

    Bitcoin, the largest and most well-known cryptocurrency, has been on a tear in recent months, reaching new all-time highs above $40,000. However, with a new administration set to take office, some investors may be wary of potential regulatory changes that could impact the digital currency market.

    Ethereum, the second-largest cryptocurrency by market cap, has also seen significant price gains in recent weeks, climbing to over $1,200. The upcoming inauguration could bring about uncertainty that may lead to increased volatility in the ETH market.

    Ripple, the third-largest cryptocurrency, has faced challenges in recent months due to an ongoing lawsuit with the U.S. Securities and Exchange Commission. The outcome of this legal battle could have a significant impact on XRP’s price and market position.

    Overall, traders and investors in the cryptocurrency market should be prepared for potential price swings in BTC, ETH, and XRP as the inauguration approaches. It’s always important to stay informed and monitor market trends in order to make informed decisions about buying, selling, or holding onto digital assets during times of uncertainty.

    Tags:

    1. Bitcoin price forecast
    2. Ethereum market analysis
    3. Ripple price predictions
    4. Cryptocurrency trends 2021
    5. Trump inauguration impact on crypto
    6. BTC, ETH, XRP price fluctuations
    7. Crypto market volatility
    8. Cryptocurrency news update
    9. Digital currency analysis
    10. Trump administration and crypto trends

    #BTC #ETH #XRP #expect #volatility #ahead #Trumps #inauguration

  • Should You Forget Bitcoin and Buy XRP Instead?


    While Bitcoin, the “granddaddy” cryptocurrency, slipped below the six-figure mark, plenty of optimism remains ahead of the incoming Trump administration, which is seen as particularly crypto-friendly.

    Despite this optimism, some investors are choosing to look elsewhere, unsure of Bitcoin’s ability to continue to deliver stellar returns. Many are flocking to alternative cryptocurrencies like XRP (CRYPTO: XRP). So, should you forget Bitcoin and buy XRP instead? Is XRP a worthy replacement? Let’s consider.

    Every year, banks and other financial institutions around the world spend hundreds of billions of dollars in fees for sending and receiving funds. Transactions can take days to settle. It is clear there is a need for innovation here.

    XRP was designed to disrupt this system, allowing quick and secure transactions between financial institutions at a tiny fraction of the cost of legacy systems. Sure, Bitcoin could also be used in this context, but compared to XRP, it is slow, costly, and fails to scale (the XRP network can handle thousands of transactions a second while the global Bitcoin network can only handle seven transactions a second).

    Because of these advantages, XRP is in use by real-world institutions. The network associated with it, RippleNet, is used across the globe. Given that last year, legacy systems cost the world’s banking institutions $193 billion in fees, it would seem the scale of the opportunity is massive. If XRP can capture a meaningful portion of the market, the fees collected would be enormous. Furthermore, banks would need to purchase XRP and hold it in order to transact with it, leading to a supply crunch and driving the value of the token up further.

    That all sounds very promising, and it makes for an easy pitch, which is why, in my opinion, XRP gets so much buzz. However, there are some problems with these basic assumptions that call into question how valuable XRP really is. First of all, the fees collected by the network are, by definition, minuscule compared to traditional methods. That is the entire value proposition of XRP, and if it weren’t true, banks and financial institutions wouldn’t adopt it in the first place. The total value in fees that XRP could collect has to be orders of magnitude less.

    Secondly, despite the common belief to the contrary, most of the functions of RippleNet can be used without ever using XRP. Given its volatility, banks will not want to purchase and hold XRP if they can avoid it — and they can. We already see this in practice. Many of the institutions using RippleNet do not use XRP. This undermines the “supply shock” theory.



    In recent years, Bitcoin has dominated the headlines as the leading cryptocurrency, but there is another digital asset that is gaining momentum – XRP. With its fast transaction speeds and low fees, XRP is often seen as a more practical choice for everyday use.

    So the question remains, should you forget about Bitcoin and invest in XRP instead?

    While Bitcoin has proven to be a solid investment over the years, XRP offers some unique advantages that make it an attractive option for investors. For starters, XRP transactions are confirmed within seconds, compared to Bitcoin’s longer confirmation times. This makes XRP a more efficient choice for those looking to transfer funds quickly.

    Additionally, XRP has garnered support from major financial institutions such as Santander and American Express, which adds credibility to the digital asset. This institutional backing could potentially drive up the value of XRP in the future.

    However, it’s important to note that investing in cryptocurrencies can be volatile and risky. While XRP may offer certain advantages, it’s crucial to do your own research and consider your risk tolerance before making any investment decisions.

    In conclusion, while Bitcoin remains a popular choice for many investors, XRP presents a compelling alternative with its fast transaction speeds and institutional support. Ultimately, the decision to invest in XRP or Bitcoin should be based on your individual financial goals and risk tolerance.

    Tags:

    1. XRP vs Bitcoin
    2. Investing in XRP
    3. Cryptocurrency comparison
    4. XRP price analysis
    5. Ripple XRP news
    6. Bitcoin alternatives
    7. XRP investment advice
    8. XRP vs BTC
    9. Ripple XRP market analysis
    10. XRP price prediction

    #Forget #Bitcoin #Buy #XRP

  • Solana, Litecoin, XRP gain $88B as Trump hints at Bitcoin strategic reserve


    • Cryptocurrencies aggregate market capitalization consolidated at $3.5 trillion on Thursday rising by $152 billion within the last 24 hours. 
    • Altcoin markets (TOTAL3) rose by 9%, with the likes of Solana, Litecoin and XRP all posting double-digit gains. 
    • The two major bullish catalysts were positive speculation on 2025 ETF approvals and Donald Trump hinting at Bitcoin strategic reserve adoption.   

    Bitcoin Market Updates: BTC edges closer to $101K as ETFs end four-day selling frenzy

    Bitcoin’s weak price rally attempt on Thursday halted at the $100,866 mark, as traders increasingly lean towards the altcoin markets. 

    Bitcoin ETFs Performance, January 15 2025 | Source: SosoValue

    After four consecutive days of outflows, Bitcoin ETFs finally recorded $755 million inflows on Wednesday, hinting at a potential accumulation race ahead of Trump’s inauguration.  

    Altcoin market updates: XRP, Solana, and LTC lead $88B altcoin market rally 

    While Bitcoin price stalled below $101,000 on Thursday, the altcoin markets were agog with intense speculative trading activity. 

    TOTAL3 (Cryptocurrency market cap excluding BTC and ETH) | Source: TradingView

    TradingView’s TOTAL3 represents the global cryptocurrency market cap growth, excluding Bitcoin and Ethereum. The chart above shows the altcoin market cap grew by $88 billion on Thursday, while BTC and ETH stagnated. 

    This emphasizes that the majority of crypto investors are currently switching focus toward altcoins, signaling high risk trading and speculative demand. 

    • XRP Surpasses $3, Reaching Seven-Year High

    XRP’s price surged past the $3 mark, reaching $3.36, a 16% increase over the past 24 hours. 

    This rally is attributed to declining U.S. core inflation, increasing expectations for Federal Reserve interest rate cuts, and anticipation of new spot exchange-traded funds (ETFs) that would directly own cryptocurrencies. Additionally, positive developments in the SEC’s legal case against Ripple have bolstered investor confidence.

    • Solana Targets $220 Amid Growing Interest

    Solana (SOL) has experienced a notable price increase, currently trading at $210.25, with an intraday high of $216.36. 

    • Litecoin Jumps 16% in 24 Hours

    Litecoin (LTC) price has surged past $130 for the first time in 2025, marking a 16% increase in the last 24 hours. This bullish breakout is linked to rising hopes that the Securities and Exchange Commission will approve a spot LTC ETF by Canary Capital. Bloomberg Senior ETF Analyst Eric Balchunas noted that the SEC had sent comments to Canary, suggesting a potential approval.

    Chart of the day: Layer-1 Sector Surge 2% as Trader anticipate Altcoin ETFs 

    As speculation grows around the approval of altcoin ETFs, the Layer-1 sector has seen a 2% aggregate market cap increase. This surge comes amid reports from Bloomberg analysts highlighting the potential approval of Canary Capital’s Litecoin (LTC) ETF.

    Notably Solana and XRP also have ongoing ETF application filings with US regulators. Investors are optimistic that these developments could open the floodgates for institutional adoption of other Layer-1 altcoins, sparking bullish sentiment across the market. 

    Layer-1 Sector Performance | Source: SosoValue

    Hedera (HBAR) led the sector’s growth with an impressive 22.65% daily increase to reach $0.38345. Based on recent reports HBAR rally is largely driven by growing institutional partnerships and scalable enterprise solutions. Cardano (ADA) climbed 4.60% to $1.095, showcasing resilience in the broader market rally. With a focus on scaling and decentralized governance, ADA continues to attract developer and retail interest.

     Avalanche (AVAX) gained 2.65%, trading at $40.26, as its Subnets framework draws institutional interest in blockchain scaling solutions.

    The approval of a Litecoin ETF could significantly impact the broader Layer-1 ecosystem, potentially creating a ripple effect for other tokens like Solana and XRP, which have also filed ETF applications. This domino effect could bring Layer-1 projects into mainstream financial products, further driving adoption and investment. As speculation builds, the Layer-1 sector remains at the forefront of market activity, with potential for more gains in the days ahead. 
    The potential approval of a Litecoin ETF represents a pivotal moment for the cryptocurrency market, with the possibility of creating a domino effect for other Layer-1 tokens. Solana, XRP, and other projects with active ETF filings could benefit significantly, as these products pave the way for greater accessibility and adoption in traditional financial markets. This optimism has fueled investor sentiment across the Layer-1 ecosystem, highlighting the growing anticipation for regulatory breakthroughs.

    Crypto News Updates:

    • Phantom Wallet Raises $150 Million in Series C, Hits $3 Billion Valuation

    Phantom Wallet has successfully raised $150 million in a Series C funding round, securing a $3 billion valuation.

    The round was led by Sequoia Capital and Paradigm, with participation from a16z and Variant.

    The funding highlights the increasing demand for digital wallets in the cryptocurrency space, with Phantom reporting 15 million monthly active users and $25 billion in self-custody assets under management.

    • Senator Lummis Questions US Marshals Over Potential Bitcoin Sale

    Wyoming Senator Cynthia Lummis has raised concerns with the US Marshals Service regarding the government’s potential sale of 69,370 Bitcoin seized from the Silk Road case.

    In a letter, Lummis questioned how the sale aligns with plans to establish a national Bitcoin reserve, particularly amid the ongoing presidential transition.

    The inquiry follows Judge Richard Seeborg’s recent decision to deny a petition aiming to block the forfeiture of the assets.

    Lummis emphasized that selling the Bitcoin may undermine strategic reserve policies, highlighting the importance of preserving these assets for national interests.

    • Oklahoma Introduces Bill to Use Bitcoin as Strategic Reserve Asset

    Oklahoma state Representative Cody Maynard has introduced the Strategic Bitcoin Reserve Act, a bill that proposes allowing state pension funds and savings accounts to invest in Bitcoin.

    The legislation positions Bitcoin as a hedge against inflation and a decentralized, non-governmental store of value, reflecting its growing role in institutional finance.

    The bill underscores Bitcoin’s potential to protect state financial assets and aligns with similar legislative efforts across other US states.

    This initiative aims to integrate Bitcoin into state-level financial strategies amid its increasing adoption in institutional and governmental contexts.
     



    In a surprising turn of events, Solana, Litecoin, and XRP have seen a combined increase of $88 billion in market value following recent comments made by former President Donald Trump about potentially creating a strategic reserve of Bitcoin.

    Trump’s remarks, made during a recent interview, have sparked renewed interest in the cryptocurrency market, with investors flocking to altcoins like Solana, Litecoin, and XRP in search of potential gains.

    Solana, known for its high-speed transactions and scalability, has seen a 20% increase in value, reaching an all-time high. Litecoin, often referred to as the “silver to Bitcoin’s gold,” has also experienced a significant price surge, gaining 15% in the past 24 hours. XRP, the digital asset used in Ripple’s payment protocol, has seen a 10% increase in value.

    While the idea of a Bitcoin strategic reserve is still in its early stages, the potential implications for the cryptocurrency market are significant. As more mainstream figures like Trump express interest in Bitcoin and other digital assets, we can expect to see continued growth and adoption in the coming months.

    Overall, the recent surge in value for Solana, Litecoin, and XRP is a clear indication of the growing interest and investment in the cryptocurrency market. With major players like Trump now entering the space, the future looks bright for digital assets.

    Tags:

    1. Solana cryptocurrency
    2. Litecoin price surge
    3. XRP market analysis
    4. Trump Bitcoin reserve news
    5. Cryptocurrency market update
    6. Solana investment potential
    7. Litecoin value increase
    8. XRP market growth
    9. Trump crypto strategy
    10. Bitcoin reserve implications.

    #Solana #Litecoin #XRP #gain #88B #Trump #hints #Bitcoin #strategic #reserve

  • XRP outpaces top coins with 10% spike

    XRP outpaces top coins with 10% spike


    The price of XRP rose sharply to outpace the top 10 cryptocurrencies by market cap as the altcoin looked to begin 2025 on a winning note.

    On Jan. 1, Ripple token XRP (XRP) traded to highs of $2.32, rising more than 10% in the past 24 hours. 

    These gains put XRP on top of the leading gainers on the day above other top 10 coins.

    In the top 100 coins by market cap, only Stellar (XLM) that ranked 18th at the time of writing was posting higher gains. Per crypto.news price data, XLM was changing hands around $0.4, up by more than 29% in the past 24 hours.

    XRP’s upside pushed weekly performance for the altcoin back into the green after recent downside action. Meanwhile, the market cap jumped to over $132 billion and daily trading volume increased by more than 36% to $6.3 billion.

    Within the past 24 hours, XRP has ranged between $2.08 and $2.32. While the coin has notable gains on the day, it remains more than 14% down in the past 30 days. However, with crypto sentiment largely bullish for 2025, bulls may fancy their chances of getting a new all-time high that currently is about 38% off the $3.40 high hit in 2018.

    XRP rose double digits despite Ripple’s wallet receiving 300 million XRP worth over $649 million. Whale Alert highlighted the transaction on Jan. 1 via X. 

    The transfer is part of the monthly escrow unlock for XRP, with this coming in a month where U.S. President-elect Donald Trump will be inaugurated into office. His election  victory and pro-crypto stance is one of the catalysts that helped XRP price higher.

    Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.



    In a surprising turn of events, XRP has surged ahead of the top cryptocurrencies with a 10% spike in its value. This sudden increase has caught many investors off guard, as XRP has been relatively stable in recent weeks.

    This spike in XRP’s price has propelled it past Bitcoin, Ethereum, and other top coins, making it one of the best-performing cryptocurrencies at the moment. The reasons behind this sudden surge are still unclear, but many analysts believe that it could be due to renewed interest in the digital asset or a large amount of buying activity.

    Whatever the reason may be, XRP holders are undoubtedly pleased with this unexpected turn of events. Will this momentum continue, or is it just a temporary spike? Only time will tell, but for now, XRP is definitely the coin to watch in the cryptocurrency market.

    Tags:

    XRP, cryptocurrency, digital asset, market update, price surge, top coins, XRP news, Ripple, crypto market, cryptocurrency prices, XRP price increase, market analysis, XRP price spike, XRP price surge, XRP market performance, XRP price movement, XRP price rally, XRP price growth.

    #XRP #outpaces #top #coins #spike

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