XRP

Can XRP hit $11? Here what analyst says

January 6, 2025 1 min read

XRP is currently witnessing a surge in market sentiment, recently reaching a psychological price of $2.50. This positive momentum has ignited optimism among XRP supporters, although analyst Ali Martinez cautions that predicting a price in the double digits may be premature. He highlights that XRP is consolidating within a bull pennant pattern, with the token trading around $2.44 and facing significant resistance at $2.73. According to Martinez, breaking this resistance

XRP trading volume outpaces Bitcoin and Dogecoin on major South Korean exchanges

January 4, 2025 1 min read

The excitement surrounding XRP continues to grow, particularly as it dominates trading volumes on South Korean cryptocurrency exchanges, signaling a potential price rebound. Notably, XRP has outperformed major cryptocurrencies like Bitcoin and Dogecoin in trading activity. Jaime Rogozinski, founder of WallStreetBets, recently highlighted this trend on social media, noting that XRP’s trading volume on platforms such as Upbit, Bithumb, Coinone, and Korbit has surged significantly. For instance, XRP’s trading volume

China enforces stricter rules requiring banks to monitor and report risky crypto transactions

January 2, 2025 1 min read

China has implemented stringent regulations aimed at monitoring and reporting risky foreign exchange and cryptocurrency transactions, as part of its ongoing effort to combat illegal cross-border financial activities. The State Administration of Foreign Exchange (SAFE) has mandated that banks track transactions related to underground banking, cross-border gambling, and illicit crypto activities. This initiative requires banks to scrutinize the identities of individuals and institutions involved, trace the sources of funds, and

XRP trading volume surpasses $1 billion in South Korea

January 2, 2025 1 min read

XRP has recently experienced a remarkable surge in trading volumes on South Korea’s leading cryptocurrency exchanges, surpassing both Bitcoin (BTC) and Ethereum (ETH). In a 24-hour period, XRP trading volumes across Upbit, Bithumb, and Korbit approached $1 billion, indicating a significant uptick in market activity for this digital asset. On Upbit, XRP dominated with a trading volume of approximately $716.79 million, representing 13.67% of the exchange’s total volume of $5.23

XRP to $5 in 2025? Here what analysts say

December 31, 2024 1 min read

XRP is currently experiencing a period of consolidation within a symmetrical triangle pattern, which has led to a sense of optimism among investors regarding a potential breakout. Crypto analyst Armando Pantoja has noted that while some holders express frustration over this consolidation, it is indicative of a bullish trend, with projections suggesting that XRP could surge to between $3.20 and $4 unexpectedly. Despite the current price stagnation, there has been

XRP leads crypto losses with 6% drop

December 30, 2024 1 min read

On the second to last day of the year, XRP fell more than 6%, leading to a drop in the cryptocurrency market. A stronger U.S. dollar hurt global currencies and assets, including Bitcoin. Other cryptocurrencies like Dogecoin, Solana’s SOL, Ether, and BNB saw drops of up to 2%. U.S. stocks dropped on Friday as investors changed their strategies due to year-end uncertainties, while Asian markets lost earlier gains. U.S. index

France authorities intensify efforts to curb burgeoning crypto scams

December 29, 2024 1 min read

Cryptocurrency popularity in France has led to more financial scams, causing authorities to take urgent steps to protect consumers. The Paris Public Prosecutor’s Office, along with regulatory bodies like the AMF and ACPR, is very concerned about the increase in scams involving fake crypto investments. Recent reports show that victims of fake savings accounts lost about €69,000, while those impacted by fake loans lost around €19,000. Crypto-asset scams have increased

Over 15 million South Koreans now invest in crypto

December 26, 2024 1 min read

South Korea has reached an important point in crypto use, with more than 30% of its people now investing in digital assets. By late 2024, there were 15.59 million crypto investors, the highest number ever for the country. This increase shows how important cryptocurrencies are becoming in South Korea’s financial system. In November, daily trading volume for cryptocurrencies reached $10.5 billion, exceeding the total trading activity of the KOSPI and

XRP Future Brightens & Uniswap Outlook Strong – BlockDAG’s Batch 26 Nears Sellout as 250% Bonus Attracts Massive Interest

December 26, 2024 5 mins read

The horizon of cryptocurrency continues to buzz with excitement. The XRP future is looking optimistic as Ripple rolls out unique features like RLUSD and enhances its liquidity using the XRP Ledger, even amidst ongoing legal hurdles. The Uniswap price prediction also paints a hopeful picture, with the asset demonstrating tenacity at essential support points and eyeing a push towards $20. Meanwhile, BlockDAG (BDAG) is the center of conversation in the

XRP trading volume hits over $117 million Binance this December

December 25, 2024 1 min read

In December 2024, XRP became the top alternative cryptocurrency traded on the Binance exchange, with a trading volume exceeding $116.6 million on Binance Futures. This increase in activity is significant, particularly since many cryptocurrencies, like Bitcoin, saw price drops at the same time. XRP’s price dropped to $2.13 on December 23, which is a 25% decrease from its high earlier in the month. XRP stayed a top cryptocurrency, even briefly

Web3Bay Spearheads Blockchain Innovation – Insights on XRP’s Resilience and Toncoin’s Communication Breakthroughs

December 25, 2024 4 mins read

XRP has seen a surge in investor interest following a post-election rally, enhancing its standing in the cryptocurrency landscape. Concurrently, Toncoin is transforming decentralized communications by partnering with Telegram, thus providing users with greater privacy and pioneering secure, blockchain-powered messaging. Web3Bay, driven by its 3BAY token, is at the forefront of decentralized e-commerce. With 40% of its tokens offered in the presale, Web3Bay is primed for significant expansion. The platform

The IRS insists crypto staking rewards are taxable income

December 24, 2024 2 mins read

Joshua Jarrett, a cryptocurrency investor, is in a legal dispute with the IRS over whether staking rewards should be taxed as income. Jarrett, who got a refund on taxes for staking rewards, claims these tokens should be seen as new property instead of immediate income, opposing the IRS in a new lawsuit. This case could greatly affect U.S. crypto investors, especially with increasing regulatory attention. Jarrett is asking for a