Biggest Movers: XRP Climbs to 3-Week High, DOGE Nearly 10% Higher
XRP rallied to a three-week high on Friday, breaking out of a long-term resistance level in the process. The token rose to its highest level since early November, as prices surged for a fifth straight session. Dogecoin also hit a multi-week high, rising by nearly 10% today.
Kraken Exchange Releases Update On Spark (FLR) Airdrop to Eligible XRP Holders
The long-awaited Spark (FLR) airdrop distribution to eligible XRP holders is around the corner, as more crypto exchanges show preparedness and support. However, the Flare team is yet to confirm the date for the airdrop distribution event after the last postponement.
John Deaton Slams Crypto Influencer Lark Davis For Calling XRP Value Into Question
Attorney John Deaton, who represents XRP holders in the capacity of amicus curiae in the US Securities and Exchange Commission vs. Ripple case, has slammed crypto influencer Lark Davis for calling the value of XRP into question in a lengthy Twitter thread today.
Kraken Enables Flare Funding and Staking To The Excitement Of XRP Holders
<b>Kraken has enabled funding and staking for the Flare token as the airdrop distribution date draws closer for XRP holders.</b>
225 Million XRP Moved By Whales; Price Up By 6%
According to data provided by WhaleAlert, crypto whales have moved more than 225 million XRP tokens on and off the crypto exchanges.
Japan’s SBI Holdings CEO Shares Latest Ripple Achievements
Japan’s SBI Holdings CEO Yoshitaka Kitao shared a blog post highlighting the recent successes of Ripple’s On-Demand Liquidity (ODL) service in a tweet yesterday as SBI continues to champion the payments solution.
XRP Stuck in Limbo but Bears Seem Eager to Take Control (Ripple Price Analysis)
XRP’s price has been struggling to break back above the significant resistance level following the massive FTX market crash. The current outlook for the crypto asset has become negative, as bearish sentiment has been dominating the market once again.
Garlinghouse Says Bank of America Will Gain Competitive Advantage By Using Ripple ODL
Garlinghouse reiterates that Ripple is willing to settle with the SEC if the agency provides clarity for XRP that will help US institutions like Bank of America gain a competitive advantage by using Ripple ODL.
SEC Gets Support From New Sports Economy Institute in XRP Lawsuit Against Ripple
The U.S. Securities and Exchange Commission (SEC) has received support from sports investing group New Sports Economy Institute (NSEI), which submitted its amicus brief on Friday to weigh in on the ongoing lawsuit between the SEC and Ripple Labs Inc.
XRP Holds Gains While Crypto Market Plummets Badly
XRP, the native token of the Ripple ecosystem, continues to hold gains despite the market downturn. The token saw an inter-week surge of up to 14.2% from $0.345 to $0.394. While it has dropped from that high, it still holds up to 2.08%. However, it trades dangerously close to its floor price for this week and might lose all its gains soon.
