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Ripple(XRP)

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$0.502324
(-5.6%)
0.00001932 BTC
Market Cap (Rank#6)
$26,114,305,511
1,004,648 BTC
Vol 24h
$823,060,484
31,664 BTC
Circulating Supply
51,987,017,573
Max Supply
100,000,000,000
6h ago zycrypto
XRP Lawsuit: Legal Experts Highlight Likely Outcome Of SEC vs Ripple Final Ruling On the Crypto Industry
A final judgement on the SEC vs Ripple lawsuit is unlikely to impact the ...
23h ago zycrypto
XRP Holders’ Attorney Is Ready To Go To Bat For Binance, Coinbase Users In Fight Against SEC
The U.S. Securities and Exchange Commission (SEC) has gone after two of the world’s biggest crypto exchanges this week, filing suits against...
23h ago cointelegraph
Price analysis 6/9: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC, LTC, DOT
Stock markets are showing strength, and selling by crypto traders has taken a pause. Is this a sign that Bitcoin and altcoins are about to reverse course?
1 day ago cryptopotato
Ripple (XRP) Only Major Alt in Green as SEC Takes Binance and Coinbase to Court: This Week’s Recap
Binance and Coinbase are under heavy fire. The United States Securities and Exchange Commission is out for blood.
1 day ago cryptopotato
Crypto Price Analysis Jun-9: XRP, ADA, BNB, SOL, and MATIC
This week, we take a closer look at Ripple, Cardano, Binance Coin, Solana, and Polygon. Ripple (XRP) Ripple continues to surprise the market with its strength, considering that in the past week, most altcoins ended up in red. More so, XRP has managed to close in green with a 2.6% increase in price, making it […]
1 day ago cryptodaily
CBA Limits Payments to Crypto Exchanges, Crypto Daily TV 9/6/2023
In Today’s Headlines TV CryptoDaily News: Kraken NFT marketplace launched Cryptocurrency exchange Kraken has officially launched its NFT marketplace out of beta testing, supporting over 250 non-fungible tokens across the Ethereum, Solana and Polygon blockchains. Australia’s biggest lender plans to curb payments to crypto exchanges Australia’s banking sector is making it harder to transfer funds to cryptocurrency exchanges, citing the risk of scams. The latest step came from the Commonwealth Bank of Australia, which plans to impose a A$10,000 monthly limit on payments to digital-asset trading platforms. Bitcoin halving is coming, and only the most efficient miners will survive Roughly every four years, the reward for successfully mining a bitcoin block is cut in half. This event, known as the halving, reduces inflationary pressure on bitcoin. Currently, rewards are 6.25 BTC per block, and in April 2024, they will be reduced to 3.125 BTC per block. BTC/USD exploded 1.0% in the last session. The Bitcoin-Dollar pair skyrocketed 1.0% in the last session. The Stochastic-RSI gives a positive signal. Support is at 254191, and Resistance is at 278411 The Stochastic-RSI is giving a positive signal. ETH/USD skyrocketed 1.1% in the last session. The Ethereum-Dollar pair skyrocketed 1.1% in the last session. The CCI is giving a negative signal. Support is at 1779.5067, and Resistance is at 1920.0067. The CCI is currently in the negative territory. XRP/USD exploded by 1.7% in the last session. The Ripple-Dollar pair skyrocketed 1.7% in the last session. The MACD is giving a positive signal. Support is at 0.4901, and Resistance is at 0.5521. The MACD is currently in positive territory. LTC/USD saw a minor dip of 0.2% in the last session. The Litecoin-Dollar pair made a minor downward correction in the last session, dropping 0.2%. The MACD is giving a negative signal, which matches our overall technical analysis. Support is at 85.4767, and Resistance is at 92.8767. The MACD is currently in negative territory. Daily Economic Calendar: US USDA WASDE Report The World Agricultural Supply and Demand Estimates report, published monthly by the United States Department of Agriculture, provides forecasts for agricultural commodities’ supply and demand. The US USDA WASDE Report will be released at 16:00 GMT, the US Baker Hughes US Oil Rig Count at 17:00 GMT, and Finland’s Industrial Output at 05:00 GMT. US Baker Hughes US Oil Rig Count The Baker Hughes Rig Count is an important business barometer for the drilling industry and its suppliers. Active drilling rigs consume products and services produced by the oil service industry. FI Industrial Output The Industrial Output shows the production volume of industries, i.e., factories and manufacturing. AT Industrial Production Industry is a basic category of business activity. Changes in the volume of the physical output of the nation’s factories, mines and utilities are measured by the index of industrial production. The Austrian Industrial Production will be released at 07:00 GMT, Japan’s CFTC JPY NC Net Positions at 20:30 GMT, and the UK’s CFTC GBP NC Net Positions at 20:30 GMT. JP CFTC JPY NC Net Positions The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. UK CFTC GBP NC Net Positions The weekly Commitments of Traders (COT) report provides information on the size and the direction of the positions taken. The report focuses on speculative positions. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
1 day ago nulltx
Ripple Price Analysis & Prediction (June 9th) – XRP Bounces Back from Minor Dip, Gains 3% Today
Following the past month’s recovery from $0.48, Ripple (XRP) posted a 10% gain and remained bullish ever since. The price has also recovered from Monday’s dip, looking set to catch more gains in the coming days. Earlier last month, XRP bounced back from a four-week correction and started to show signs of strength. It later […]
1 day ago cointelegraph
Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers
Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph.
1 day ago zycrypto
XRP and Solana Outpace Bitcoin, Ethereum: Market Signals Point To Bullish Breakout
The digital asset market has regained lost ground recovering from four-week lows with slight gains recorded in Bitcoin (BTC) amid thriving altcoins.
2 days ago cryptopotato
Ripple v. SEC: The Case So Far and What’s Next for the XRP Price?
During the winter of 2020, the United States Securities and Exchange Commission fired the first bullet in what would eventually become a dragged-out legal battle against the entire cryptocurrency industry. On December 22nd, 2020, the SEC charged Ripple with conducting a $1.3 billion unregistered security offering, essentially alleging that their native cryptocurrency – XRP – […]
2 days ago cryptopotato
XRP Taps $0.55 But Bulls Unable to Solidify, is a Correction Coming? (Ripple Price Analysis)
After breaking above both the 100-day moving average and the descending trendline, XRP has initiated a solid upward trend, reaching a significant resistance region at $0.55. The price action in this crucial zone will play a vital role in determining Ripple’s future direction. Technical Analysis By Shayan The Daily Chart Taking a closer look at […]
2 days ago cryptodaily
Coinbase Not Shutting Staking Service, Crypto Daily TV 8/6/2023
In Todays Headline TV CryptoDaily News: Coinbase is not shutting down staking service Crypto exchange Coinbase will continue operating its crypto staking service despite facing lawsuits from state and federal regulators over the program and several of its other offerings, Coinbase CEO Brian Armstrong said at the Bloomberg Invest Conference. USDC issuer Circle receives digital token license in Singapore Circle has now received its Major Payment Institution license for digital payment token services in Singapore. The license issued by the Monetary Authority allows Circle Singapore to offer digital payment token services, cross-border money transfer services and domestic money transfer services in the city-state. Bitcoin, Ether trade at premiums on Binance.US Major cryptocurrencies such as bitcoin, ether and Tether’s USDT stablecoin have been trading at large premiums on Binance.US, a sign that investors are exiting the platform in light of the U.S. Securities and Exchange Commission’s actions against the company. BTC/USD dove 3.0% in the last session. The Bitcoin-Dollar pair plummeted 3.0% in the last session. The Stochastic indicator is giving a negative signal, which matches our overall technical analysis. Support is at 24705.6667 and Resistance is at 28605.6667. The Stochastic indicator is currently in negative territory. ETH/USD plummeted 2.3% in the last session. The Ethereum-Dollar pair plummeted 2.3% in the last session. The Stochastic indicator is giving a negative signal. Support is at 1765.351 and Resistance is at 1955.411. The Stochastic indicator is giving a negative signal. XRP/USD plummeted 1.0% in the last session. The Ripple-Dollar pair dove 1.0% in the last session. The Stochastic-RSI is giving a negative signal. Support is at 0.4838 and Resistance is at 0.5554. The Stochastic-RSI is currently in negative territory. LTC/USD plummeted 2.3% in the last session. The Litecoin-Dollar pair dove 2.3% in the last session. The RSI is giving a negative signal. Support is at 83.9333 and Resistance is at 94.8333. The RSI is currently in the negative zone. Daily Economic Calendar: AU Trade Balance The Trade Balance is the total difference between exports and imports of goods and services. A positive value shows a trade surplus, while a negative value represents a trade deficit. Australia's Trade Balance will be released at 01:30 GMT, Japan's Eco Watchers Survey: Outlook at 05:00 GMT, and Japan's Eco Watchers Survey: Current at 05:00 GMT. JP Eco Watchers Survey: Outlook The Eco Watchers Survey closely monitors regional economic trends. The survey is considered basic material for assessing short-term economic trends. JP Eco Watchers Survey: Current The Eco Watchers Survey closely monitors regional economic trends. The survey is considered basic material for assessing short-term economic trends. US Continuing Jobless Claims The Counting Jobless Claims measures the number of individuals who are unemployed and are currently receiving unemployment benefits. The US Continuing Jobless Claims will be released at 12:30 GMT, the US Initial Jobless Claims at 12:30 GMT, and the Eurozone's Gross Domestic Product at 09:00 GMT. US Initial Jobless Claims The Initial Jobless Claims measure the number of people filing first-time claims for state unemployment insurance. EMU Gross Domestic Product The Gross Domestic Product measures the total value of all goods and services produced by a country. The GDP is considered as a broad measure of economic activity and health. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2 days ago cryptopotato
Bitcoin Shaky Amid SEC Fiasco, Ripple (XRP) Slides to $0.52 (Market Watch)
As the battle between the SEC and, frankly, the entire industry, rages on, Bitcoin is found in an uncertain situation.
2 days ago cryptopotato
Crypto Market Recovers with Pepe Among Biggest Gainers and Wall Street Memes Presale Nearing $5M
The crypto market is back with a bang, spearheaded by popular projects like Pepe and Wall Street Memes, which are both seeing a significant uptick in investor interest. Pepe is now up over 10% in 24 hours, with Bitcoin, XRP, and Lido DAO also seeing significant gains, while the Wall Street Memes presale nears $5m. […]
2 days ago cointelegraph
Price analysis 6/7: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, LTC
Bitcoin and most major altcoins are facing selling at higher levels, but there are no signs of panic selling at the moment.
3 days ago cryptodaily
XRP and Solana are two bluechips showing bullish price movement, can Tradecurve challenge them?
Despite the recent lawsuit against Binance that accuses them of selling unregistered securities, XRP remains unnamed, and pro-crypto lawyers are still anticipating a win in the SEC vs Ripple. Solana&rsquo;s charts show bullish potential, although SOL is one of the coins that may be affected by the SEC. Tradecurve, currently in presale, recognises the growing problems of regulation in the US and offers a solution for traders around the world. >>BUY TCRV TOKENS NOW<< Ripple lawyers remain confident of a win The crypto market reels from the latest Binance lawsuit from the SEC, that could see coins such as SOL, ADA, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI as securities. However Ripple is notably absent from the lawsuit, adding strength to Ripple lawyer John Deaton&rsquo;s argument that XRP will not be declared a security. Deaton now anticipates that the case will come to a close around the end of September. He expects either an outright win, or the potential that a cut off line will be drawn that allows Ripple to officially not be a security. He also predicted a potential price for the XRP token assuming that the outcome is favorable, saying that &ldquo;I certainly believe that somewhere between $2 and $10 is reasonable&rdquo;. Solana is named in the SEC vs Binance lawsuit. Although Solana has been demonstrating bullish potential from a technical analysis point of view, the recent Binance lawsuit names Solana&rsquo;s coin SOL in the lawsuit, as an unregistered security. This isn&rsquo;t the first lawsuit that Binance have faced, and similarly to the XRP vs Ripple case, the judgment could go either way. Still it&rsquo;s not great news for the layer 1 chain, and Solana&rsquo;s price has fallen by 7% over the last 24 hours, currently trading at around $20 per coin. Solana and the other tokens and coins named in the lawsuit, may take comfort in the words of John Deaton, who believes that it may be possible for future redemption even if they do get named as securities. This is because once cryptocurrencies like Solana achieve a significant level of decentralization, there is a possibility that they could transition from being classified as securities to being recognized as commodities. Is Tradecurve the answer to regulatory woes? As the US continues to pursue aggressive anti crypto regulations, in what Nic Carter sees as a concerted effort to de-platform crypto from the banking system, the need for regulation free platforms increases. This could be where Tradecurve gets its chance to shine, offering a borderless and KYC trading platform that combines the financial products of TradFi, including commodities, stocks and bonds, and of course, crypto. Tradecurve are based in St Vincent and Kitts where offering these products are legal. Tradecurve follows Binance and other exchanges such as Gemini, who are increasingly looking to move their operations outside of the US. Tradecurve&rsquo;s token is TCRV, and is currently in stage 3 of presale. TCRV is changing hands at $0.015 and will launch at a minimum price of $0.088. Experts are predicting a rise as big as 1000x once it is listed on Uniswap and tier 1 CEXes. Learn more about TCRV and the future of the project here: Click Here For Website Click Here To Buy TCRV Presale Tokens Follow Us Twitter Join Our Community on Telegram Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
3 days ago cryptodaily
As investors seek alternatives to Hedera, BNB and XRP. InQubeta (QUBE) proves to be a promising option.
Investing in cryptocurrency is one of the most rewarding ventures. The volatility of the crypto market makes it easy for cryptos to multiply or decline rapidly. With recent market issues surrounding some of the best cryptos, investors are actively searching for promising cryptos to boost their portfolios. InQubeta (QUBE) is the new kid on the block. The emerging token is one of the best investment options on the market. After attracting numerous enthusiasts, the coin has raised over $295k in presale. This presale success sets QUBE apart as a must-have token for any investor. InQubeta has solidified its position as the best cryptocurrency to invest in, alongside Hedera (HBAR), Binance Coin (BNB), and Ripple (XRP). As investors seek alternative investment options, these four tokens have the most promising and unique features. This article will examine why InQubeta, Hedera, Binance Coin, and Ripple are the best options for great returns. InQubeta (QUBE) is a unique decentralized crowdfunding platform for AI startups. InQubeta is a rising cryptocurrency taking the lead among other AI cryptos. The project provides an innovative platform that offers funding solutions for the budding artificial intelligence market. The token has shown massive growth potential after raising over $295,000 in the first week of the presale run. The InQubeta platform offers equity-based NFTs for investors looking to ride on the wave of AI. InQubeta's NFT marketplace enables AI startups to create and develop their NFTs as a fraction of their project. As a beginner cryptocurrency leveraging AI and the decentralized finance market, InQubeta has massive growth potential. The QUBE token is the best cryptocurrency to invest in because of its remarkable growth rate. The unique ERC20 token is set to rise by over 400% before its presale concludes. The token has sold over 70% in the "Beta Stage" and is projected to do more in the coming weeks. The demand for the QUBE token is about to skyrocket as the crypto market prepares for the next bull season. Investors can benefit from possible price increases and earn rewards from the dedicated reward pool by holding and staking QUBE tokens. Visit InQubeta Presale Hedera (HBAR) is a secure cryptocurrency for decentralized applications (dApps). Hedera is a decentralized network that provides a sustainable and more efficient open-source network for dApps. The platform uses a cutting-edge solution that eliminates older blockchain networks' limitations. Hedera uses a consensus mechanism that facilitates communication among dApps. HBAR became popular in the last bull run after a new all-time high. The coin's value has sharply declined since the beginning of the year. The HBAR token is, however, projected to bounce back in the next bull market. Binance Coin (BNB) shows new bearish signals. Binance Coin is the native token of the Binance network. The token has grown massively over the years due to the growing popularity of its host network. Binance Coin enables users to invest in dApps on Binance. Binance Coin has received great patronage, and the token is one of the best cryptos to invest in. The BNB token has spiraled downward, plunging below 7% in the last two weeks. Analysts believe that the negative pressure in the market causes this bearish stance. BNB might be struggling, but it is a worthy investment option. Ripple (XRP) is positioned for massive price gains. Ripple is getting media attention because of its move to expand the company using cash inflows. The platform announced that it had acquired stakes in Bitsmap, one of the oldest exchange platforms. Ripple could have significant gains because of this move. The XRP ledger recorded more than 1.32 million daily transactions in the first quarter of 2023. This token has promising growth potential. XRP is a good crypto with long-term returns. Conclusion As investors seek alternatives to boost their portfolios, InQubeta proves to be the most promising investment option. The beginner cryptocurrency is snowballing, and investors are enjoying its popularity. Furthermore, InQubeta's growing community is bringing together like-minded people interested in AI startups. This will allow users to share ideas, thoughts, and lessons about the crypto and AI markets. As a result of this, the InQubeta platform will gain more ground. Visit InQubeta Presale Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
3 days ago zycrypto
Ripple Lawsuit: “SEC Has A 3% Chance Of Winning,” Says Lawyer, Predicts XRP Victory Surge to $10 Price
Positive signs have come out of Ripple and XRP spaces in the past week as its case with the Securities and Exchange Commission (SEC) nears its end.
3 days ago cryptodaily
Coinbase Withdrawals Skyrocket, Crypto Daily TV 7/6/2023
In Todays Headline TV CryptoDaily News: User withdrawals from Coinbase skyrocket User withdrawals from Coinbase soared as the SEC sued the crypto exchange one day after filing a lawsuit against rival Binance. Blockchain data shows that Coinbase's net outflows over a 24-hour period totaled $600 million. Ripple IPO - highly anticipated with high expectations Ripple, the company behind the XRP token and known for its blockchain technology, is generating significant buzz amid rumors surrounding its highly awaited initial public offering. Analysts anticipate a potential 20-fold increase in Ripple&rsquo;s valuation post-IPO, driven by its substantial XRP reserves valued at $21 billion. BTC and ETH sag after SEC suit against Coinbase The prices of Bitcoin, Ether, and other top cryptocurrencies dropped marginally after the Securities and Exchange Commission sued U.S. crypto exchange Coinbase, just one day after the agency filed another blockbuster lawsuit against Binance. BTC/USD skyrocketed 4.9% in the last session. The Bitcoin-Dollar pair skyrocketed 4.9% in the last session. The MACD is giving a negative signal. Support is at 24380.6667 and Resistance is at 27808.6667. The MACD is currently in negative territory. ETH/USD exploded 3.8% in the last session. The Ethereum-Dollar pair exploded 3.8% in the last session. The Ultimate Oscillator is giving a positive signal. Support is at 1720.4133 and Resistance is at 1935.9333. The Ultimate Oscillator is giving a positive signal. XRP/USD skyrocketed 3.3% in the last session. The Ripple-Dollar pair rose 3.3% in the last session after gaining as much as 4.5% during the session. The Ultimate Oscillator is giving a negative signal, going against our overall technical analysis. Support is at 0.4603 and Resistance is at 0.5672. The Ultimate Oscillator is giving a negative signal. LTC/USD exploded 3.2% in the last session. The Litecoin-Dollar pair skyrocketed 3.2% in the last session. The ROC is giving a positive signal. Support is at 78.2467 and Resistance is at 99.2667. The ROC is giving a positive signal. Daily Economic Calendar: FR Imports Imports of goods and services consist of transactions in goods and services (purchases, barter, gifts, or grants) from non-residents to residents. The French Imports will be released at 06:45 GMT, the French Exports at 06:45 GMT, the US EIA Crude Oil Stocks Change at 14:30 GMT. FR Exports The Exports measure of the total exports of goods and services by the local economy. A steady demand for exports helps to support growth in the trade surplus. US EIA Crude Oil Stocks Change The EIA Crude Oil stockpiles report is a weekly measure of the change in the number of barrels in stock of crude oil and its derivates, released by the Energy Information Administration. JP Gross Domestic Product The Gross Domestic Product measures the total value of all goods and services produced by a country. The GDP is considered a broad measure of economic activity and health. Japan's Gross Domestic Product will be released at 23:50 GMT, the UK's RICS Housing Price Balance at 23:01 GMT, and the US MBA Mortgage Applications at 11:00 GMT. UK RICS Housing Price Balance The RICS Housing Price Balance survey presents housing costs. It shows the strength of the housing market. US MBA Mortgage Applications The MBA Mortgage Applications released by the Mortgage Bankers Association presents various mortgage applications. It is considered as a leading indicator of the U.S Housing Market. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days ago cryptopotato
Ripple’s XRP Not Named a Security in the SEC’s Case Against Coinbase
XRP is not even mentioned in the filing against Coinbase.
4 days ago cryptodaily
BTC Crashes Below $26000, Crypto Daily TV 6/6/2023
In Todays Headline TV CryptoDaily News: Ethereum reserves at multi-year lows Ethereum token reserves on exchange wallets have declined to their lowest level since 2018. As of June 5, ETH reserves sit at 17.2 million Ether, a multi-year low. Atomic Wallet users hacked for $35M The crypto industry&rsquo;s latest causality occurred over the weekend as nearly $35 million worth of various tokens were stolen from Atomic Wallet, a centralized storage and wallet service. These tokens included bitcoin, ether, tether, dogecoin, litecoin, bnb coin and polygon. Bitcoin dropped below $26,000 Cryptocurrency prices dropped after the U.S. Securities and Exchange Commission charged Binance, the largest crypto exchange in the world, with violating securities laws. Bitcoin fell more than 6% to its lowest level since March. BTC/USD dove 5.5% in the last session. The Bitcoin-Dollar pair plummeted 5.5% in the last session. The RSI's negative signal is in line with the overall technical analysis. Support is at 26695.3333 and Resistance is at 27661.3333. The RSI is currently in negative territory. ETH/USD plummeted 4.4% in the last session. The Ethereum-Dollar pair dove 4.4% in the last session. According to the Stochastic-RSI, we are in an oversold market. Support is at 1866.6167 and Resistance is at 1925.8567. The Stochastic-RSI points to an oversold market. XRP/USD dove 6.1% in the last session. The Ripple-Dollar pair dropped 6.1% in the last session after rising as much as 1.3% during the session. The MACD is giving a positive signal. Support is at 0.5017 and Resistance is at 0.5629. The MACD is currently in positive territory. LTC/USD plummeted 7.1% in the last session. The Litecoin-Dollar pair dove 7.1% in the last session. The Williams indicator is giving a negative signal. Support is at 92.571 and Resistance is at 97.311. The Williams indicator is giving a negative signal. Daily Economic Calendar: US API Weekly Crude Oil Stock The API&rsquo;s Weekly Statistical Bulletin reports overall U.S. and regional data relating to refinery operations and the production of the four major petroleum products. The US API Weekly Crude Oil Stock will be released at 20:30 GMT, the UK's 30-y Bond Auction at 09:30 GMT, Australia's RBA Interest Rate Decision at 04:30 GMT. UK 30-y Bond Auction The auction sets the average yield on the bonds auctioned off. Yields are set by bond market investors, and therefore they can be used to estimate investors' outlook on future interest rates. AU RBA Interest Rate Decision The RBA Interest Rate Decision is announced by the Reserve Bank of Australia. The interest rates are a key mechanism through which the central bank influences inflation. AU RBA Rate Statement Decisions regarding the interest rates are made by the Reserve Bank Board and are explained in a media release that announces the decision after each meeting. Australia's RBA Rate Statement will be released at 04:30 GMT, Japan's JP Foreign Reserves at 23:50 GMT, the US Redbook Index at 12:55 GMT. JP JP Foreign Reserves The Foreign Reserves are the total of a country's gold holdings and convertible foreign currencies held by its central bank. US Redbook Index The Johnson Redbook Index measures the year-over-year same-store sales growth from a sample of large general merchandise retailers. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
4 days ago coindesk
First Mover Asia: Why Did Bitcoin Fall to $25.4K? SEC Lawsuit Against Binance Rocks Crypto Markets
ALSO: Lido’s stETH token has become the seventh largest token by market cap, right ahead of Cardano and just behind XRP, according to data from CoinGecko. What's behind its ascent?
4 days ago cointelegraph
Price analysis 6/5: SPX, DXY, BTC, ETH, BNB, XRP, ADA, DOGE, SOL, MATIC
Bitcoin and several altcoins took a beating on reports that the SEC filed a suit against Binance in the United States District Court.
5 days ago cryptodaily
Binance Market Share Drops, Crypto Daily TV 5/6/2023
In Todays Headline TV CryptoDaily News: Celsius&rsquo; Ether staking shake-up stretches Ethereum validator queue The embattled crypto lender Celsius has deposited $745 million of ETH to staking contracts in the past few days, significantly stressing the already-long waiting time to deploy new validators to the Ethereum network. Gemini driven offshore by regulators Gemini has begun the process of acquiring a license to operate in the United Arab Emirates, after announcing its new European headquarters in Dublin, Ireland. Gemini follows Coinbase, which has been on a global expansion drive recently as U.S. regulators continue to hit the industry with enforcement actions rather than guidance. Binance market share drops to lowest since October Binance&rsquo;s market share has dropped to its lowest level in eight months. Although the exchange is still the largest cryptocurrency platform by trading volume, it has seen its market share decline consecutively over the past three months after reaching a yearly high of 57% in February 2023. BTC/USD gained 0.6% in the last session. The Bitcoin-Dollar pair rose 0.6% in the last session. The Stochastic indicator is giving a negative signal. Support is at 267051 and Resistance is at 275171. The Stochastic indicator is giving a negative signal. ETH/USD gained 0.7% in the last session. The Ethereum-Dollar pair rose 0.7% in the last session after gaining as much as 1.1% during the session. The Stochastic-RSI indicates an overbought market. Support is at 1870.9967 and Resistance is at 1918.4367. The Stochastic-RSI points to an overbought market. XRP/USD exploded 4.3% in the last session. The Ripple-Dollar pair exploded 4.3% in the last session. The MACD is giving a positive signal, which matches our overall technical analysis. Support is at 0.5046 and Resistance is at 0.5398. The MACD is currently in the positive zone. LTC/USD traded sideways in the last session. Litecoin-Dollar price remained largely unchanged in the last session. The Williams indicator indicates an overbought market. Support is at 92.681 and Resistance is at 99.11. The Williams indicator is signalling an overbought market. Daily Economic Calendar: US ISM Services PMI The ISM Services PMI shows the business conditions outside of the manufacturing sector, taking into account expectations for future production, new orders, inventories, employment, and deliveries. The US ISM Services PMI will be released at 14:00 GMT, Japan's Overall Household Spending at 23:30 GMT, and the UK's BRC Like-For-Like Retail Sales at 23:01 GMT. JP Overall Household Spending The Overall Household Spending is an indicator that measures the total expenditures of households. The level of spending can be used as an indicator of consumer optimism. UK BRC Like-For-Like Retail Sales The British Retail Consortium Like-For-Like Retail Sales measures changes in the actual value of retail sales from participating companies with invaluable management information on a regular and reliable basis. US Factory Orders The Factory Orders is a measure of the total orders of durable and non durable goods which can offer insight into inflation and growth in the manufacturing sector. The US Factory Orders will be released at 14:00 GMT, Japan's Jibun Bank Services PMI at 00:30 GMT, Germany's Exports at 06:00 GMT. JP Jibun Bank Services PMI The Jibun Bank Services Purchasing Managers Index (PMI) captures the business conditions in the services sector. The services PMI is an important indicator of the overall economic conditions. DE Exports The Exports measure of the total exports of goods and services by the local economy. A steady demand for exports helps to support growth in the trade surplus. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

About Ripple?

The live price of Ripple (XRP) today is 0.502324 USD, and with the current circulating supply of Ripple at 51,987,017,573 XRP, its market capitalization stands at 26,114,305,511 USD. In the last 24 hours XRP price has moved 0.014339 USD or 0.03% while 518,481,489 USD worth of XRP has been traded on various exchanges. The current valuation of XRP puts it at #6 in cryptocurrency rankings based on market capitalization.

Learn more about the Ripple blockchain network and how it works or follow the price of its native cryptocurrency XRP and the broader market with our unique COIN360 cryptocurrency heatmap.

XRP is one of the earliest cryptocurrencies, launched in 2012 with the collective efforts of Jed McCaleb, Chris Larsen, Arthur Britto, David Schwartz and Ryan Fugger. While the names XRP and Ripple are often used interchangeably, they are not the same.

Ripple is the business that operates in the cross-border transactions space while XRP is an open-source digital asset running on the XRP Ledger. The company, Ripple, has a suite of different products (e.g. RippleNet) for large banking institutions and similar entities, and it uses XRP for some of those solutions.

XRP was launched as a faster, cheaper and much more scalable alternative to BTC. According to official accounts, XRP transactions settle in around 4 seconds and the network can consistently handle over 1,500 transactions per second.

Some of the prominent Ripple team members today are CEO Brad Garlinghouse and XRP co-founder David Schwartz, who continues to serve as the CTO.

XRP price

Given the speculation around Ripple’s partnerships with large banks and its use cases, XRP price has seen significant surges in the past. The first notable increase in XRP price came in 2013 when between August and December, XRP/USD went up by more than 2,000% (from around $0.003 to over $0.06).

The next big rise in XRP price came in 2017 when, according to our XRP live price chart,  it went from under $0.01 at the start of the year to over $3.30 in the first week of 2018. This rise of roughly 55,000% was unprecedented, even in the crypto space, and took XRP’s fully diluted valuation to over $330 billion.

After that, the price of XRP continued to drop in the bear market and fell below $0.12 in March of 2020 as the pandemic resulted in a market-wide crash. This drop was, however, short-lived, as the crypto market recovered a year later and the price of XRP touched $2 by April 2021 — an increase of nearly 1,400%.

Since then, XRP has managed to stay above $0.50, and despite being unable to cross its all-time high from January 2018, it continues to rank among the top cryptocurrencies by market capitalization.

How XRP works

For users, XRP is similar to BTC and can be sent between wallet addresses as a form of payment based on XRP/USD price quotes at the time. However, while BTC was created to be a truly decentralized digital asset, XRP was launched to make global payment settlement faster and cheaper. To achieve that goal, XRP makes compromises on the decentralization front in exchange for speed.

Unlike BTC and most other cryptocurrencies, XRP does not use decentralized consensus mechanisms such as proof-of-work or proof-of-stake. Instead, XRP relies on a permissioned validator node network that verifies and approves all transactions. 

Unlike BTC miners or validators on other networks, XRP validators are entities trusted by Ripple and are not rewarded for their role in maintaining network accuracy and preventing issues such as double-spending. According to official accounts, there are currently 36 validators for the XRP Ledger, 6 of which are managed by Ripple. 

Finally, given how the entire supply of XRP — 100 billion XRP — was premined prior to launch and is periodically released by Ripple, both the company and the cryptocurrency are often criticized for their overly corporate nature in a space lauded for its pursuit of decentralization.

XRP news, updates and highlights

Most of the positive XRP price action has come at the heels of news around big partnerships with financial services providers and banks. However, in December 2020 the U.S. Securities and Exchange Commission filed an action against Ripple and two executives — co-founder Chris Larsen and CEO Brad Garlinghouse — alleging that they raised over $1.3 billion by selling unregistered securities.

The SECs charges saw XRP price dropping more than 50% in a week, and the ongoing lawsuit saw XRP being delisted from popular exchanges such as Coinbase, Okcoin and Crypto.com.

With the case still ongoing, XRP investors and supporters await a decision that could set precedent for other cryptocurrency projects and pave the path for future regulations.

Frequently asked questions about XRP

  • Can you mine or stake XRP?

No, XRP cannot be mined or stake. The XRP Ledger is maintained by a group of trusted validators and the entire supply of XRP has already been premined.

  • What are some of the best XRP wallets?

Wallets for XRP have typically been hard to find, but today you can store XRP in Trust Wallet or on hardware wallets such as Trezor and Ledger among other options.

  • What can you do with XRP?

If you have XRP, you can use it for fast and cheap transactions or trade it against other popular cryptocurrencies, including BTCETHUSDT and more.

  • How to buy XRP?

You can buy XRP by exchanging your BTC, ETH or USDT holdings on an exchange such as HitBTC or buy it directly with a credit card on NEXO.

Ripple Price0.502324 USD
Market Rank#6
Market Cap26,114,305,511 USD
24h Volume823,060,484 USD
Circulating Supply51,987,017,573 XRP
Max Supply100,000,000,000 XRP
Yesterday's Market Cap27,996,890,168.41 USD
Yesterday's Open / Close0.524197 USD / 0.538536 USD
Yesterday's High / Low0.540087 USD / 0.521014 USD
Yesterday's Change
0.03% ( 0.014339 USD )
Yesterday's Volume518,481,489.48 USD
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