Santiment Insights Announces XRP As the Crypto Pick for January
In a Monday community post, SanR_King, a top contributor on Santiment Insights, investigated the potential upside and downside for XRP in the short-term, mid-term, and long-term perspectives. The crypto pundit also highlighted the various factors capable of influencing the price of XRP. Future developments in the ongoing Ripple-SEC lawsuit are regarded as a factor that could affect XRP’s price either positively or negatively.
XRP News: Whales Move 1 Billion XRP; Locks 700 Million In Escrow
As per the data provided by WhaleAlert, crypto whales have moved more than 1 billion XRP tokens in the last 24 hours. Around $366 million worth of XRP tokens were moved in multiple transactions.
Palau, Together with Ripple, Will Launch a National Stablecoin
The President of Palau, Surangel Whipps Jr., spoke about the upcoming launch of a national stablecoin pegged to the dollar. Ripple will help the island state to implement its plans.
XRP Up 5%, On-Chain Data Shows Strong Bull-Case Scenario Ahead
Ripple’s native cryptocurrency XRP has shown a bit of price volatility recently and witnessed selling pressure. Post the collapse of the crypto exchange FTX, the altcoin has been struggling to surge past $0.40. Ripple’s native cryptocurrency has faced the brunt of the company’s ongoing battle with the SEC. Any possibility of settlement is not visible in the near term.
Ripple Unlocks 1 Billion XRP From Escrow, as Whales Move 200M+ Tokens
Ripple has unlocked 1 billion XRP tokens from escrow in a series of three transactions for January. The latest transactions mark the second consecutive month of escrow transactions after the release on December 1 last year. This indicates sustenance of the monthly escrow unlock pattern following a 2-month break in October and November last year. After the escrow release, whales moved over 218M XRP between several wallets.
XRP Targets $0.35 Following Flash Crash
The asset crashed to $0.30 today in a shocking price dip before rising above $0.33.
Ripple Settlement With SEC Unlikely Says, Deaton
Deaton predicts that the SEC case against Ripple will end in a court ruling.
Ripple to Develop National Stablecoin for Island Country Palau, XRP Up 6%
Ripple’s XRP gained upwards of 6% in the last week up to December 27, following the announcement that the blockchain was working with Micronesia island nation Palau on a stablecoin project. During a cryptocurrency conference held in Singapore, the President of the Western Pacific nation, Surangel Whipps Jr., said his country was involved in various crypto projects, including a government-issued stablecoin in collaboration with Ripple.
Ripple’s XRP Price In Danger Zone, Will It Go Up Or Crash Down Harder?
With the cryptocurrency market going through a turbulent period this year, digital assets such as Ripple’s cross-border settlement token, XRP, has shown both unpredictable highs & lows. Recently, the price of XRP has been met with resistance at key places as the asset continues to be influenced by a variety of variables, ranging from legal considerations to the general tone of the market.
XRP and LTC Margin Trading Pairs Added by Bitget Exchange
According to a recent announcement, cryptocurrency exchange Bitget has added XRP/USDT and LTC/USDT pairs for cross and isolated margin spot trading.
Ripple and CEO Brad Garlinghouse’s Top 5 Crypto Wins of 2022
It’s been a challenging year for many in crypto, but for Ripple Labs and chief executive Brad Garlinghouse, 2022 has brought a number of successes.
Markets: Bitcoin, Ether Inch up; XRP Biggest Loser Among Top 10
Bitcoin and Ether prices gained on Friday morning in Asia, while other top 10 non-stablecoin cryptocurrencies by market capitalization were mixed. XRP led losses with 3.87%, followed by Cardano. Weekly unemployment claims in the U.S., an indicator for job cuts, rose slightly by 9,000 to 225,000 last week despite the Federal Reserve’s aggressive attempts to cool inflation, the U.S. Department of Labor reported on Thursday. The four-week average aid applications dropped by just 250 to 221,000. Recession fears have been rising with the Fed’s series of interest rate hikes in 2022, and a spike in layoffs can be an early warning of a recession. (forkast)
Ripple Ally v. SEC: Jan. 30 Might Be Most Significant Crypto Hearing to Date
In recent updates, Ripple ally LBRY’s request that the court hear an oral argument for its motion to limit the SEC's remedies was granted, and the date was fixed for Jan. 30.
Most XRP Holders Expect The SEC Case Against Ripple To End In A Settlement
XRP holders believe the SEC will seek a settlement in the 2-year-long legal battle.
Majority of XRP Community Members Predict Settlement in the Ripple-SEC Case
A greater percentage of the XRP community believes the legal tussle between the SEC and Ripple would end in a settlement. Whereas some expect the lawsuit to be concluded with a verdict from the presiding Judge. Out of the 17,231 voters, 10,200 users (59.2%) said the case would be settled while 7,030 (42.9%) participants expect the case conclusion to come as a verdict from the judge, at the time of writing.
XRP Lawsuit: Ripple Gains Incredible Backings As SEC Case Takes Surprising Turn
The Ripple and SEC case continues to take new turns as it approaches settlement. Crypto-focused investment firm Paradigm Operations LP’s application to join the case as an amicus curiae has gotten further backing from an interested attorney.
Gokhshtein Media Founder Says He Is Going to Add to His $XRP Holdings
On Tuesday (27 December 2022), entrepreneur David Gokhshtein, who is Founder and Chairman of crypto-focused media outlet Gokhshtein Media, talked about his plans to buy more $XRP, the native token of the XRP Ledger (XRPL).
XRP Sustains Winning Streak Amid a Bearish Market
The asset has gained over 3% in the past week, with technicals showing some bullish signs.
Palau Stablecoin: Island Nation Goes Digital With Help From Ripple Labs
Palau, the tiny Pacific island nation is on an aggressive campaign to establish the official adoption and acceptance of cryptocurrency.
Ripple Partner Launches Near-Instant Cross-Border P2P Payments With Visa
Thailand FinTech giant and Ripple partner DeeMoney has entered a partnership with Visa to integrate Visa Direct with its international payments platform, per a report from Bangkok Post yesterday.
