Summary: David Schwartz, Ripple's CTO, clarified that the XRP Ledger is not "permissioned" or "semi-permissioned," countering common misconceptions. He emphasized XRPL's decentralized nature, where independent validators—not a central authority—manage the network, ensuring resilience and transaction integrity.

• Sentiment: 0.3
• U.Today @ 2024-08-17 11:18:00 EDT Read More

Summary: 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...

• Sentiment: 0.0
• Head Topics @ 2024-08-17 11:38:07 EDT Read More

Summary: Ripple Labs' XRP has experienced a 7% drop in value over the past week, falling from $0.6416 to $0.5692. Despite this, XRP remains poised for growth, with ongoing optimism due to favorable legal developments in its case against the SEC.

• Sentiment: 0.5
• The Merkle News @ 2024-08-17 08:00:25 EDT Read More

Summary: Ripple Labs’ XRP dropped 7% in a week, falling from $0.6416 to $0.5692, despite a favorable ruling regarding its sale of XRP. This decline followed a brief price spike after a legal decision that did not classify XRP sales as securities violations.

• Sentiment: 0.2
• The Merkle News @ 2024-08-17 08:00:25 EDT Read More

Summary: XRP has dropped to $0.56, largely due to profit-taking driven by a high MVRV ratio of 48%. This overvaluation has led to increased sell-offs, further pressured by a negative Chaikin Money Flow indicator, indicating ongoing market weakness.

• Sentiment: -0.6
• The Currency analytics @ 2024-08-17 13:52:08 EDT Read More

Summary: XRP's value has dropped to $0.56 due to increased profit-taking by investors. The high MVRV ratio and negative Chaikin Money Flow indicate overvaluation and market weakness, contributing to the current downward trend in XRP's price.

• Sentiment: -0.7
• thecurrencyanalytics @ 2024-08-17 13:52:08 EDT Read More

Summary: Crypto commentator Max Prime has criticized XRP as a scam, citing its poor performance despite Ripple's recent lawsuit victory. After a brief price surge following the legal win, XRP quickly declined, failing to meet expectations and undermining its proponents' claims.

• Sentiment: -0.7
• The Crypto Basic @ 2024-08-17 05:33:03 EDT Read More

Summary: Max Prime criticized XRP as a major cryptocurrency scam, citing its poor performance despite Ripple's partial legal victory over the SEC. XRP initially rallied 30% following the ruling but later fell by 15%, with ongoing skepticism from the crypto community.

• Sentiment: -0.6
• Cryptopolitan @ 2024-08-17 17:15:51 EDT Read More

Summary: Crypto critic Max Prime has disparaged XRP, calling it a scam and criticizing Ripple's performance despite a partial legal victory. Ripple faced a $125 million fine from the SEC, with XRP briefly rallying before falling back. Max’s comments have sparked mixed reactions within the XRP community.

• Sentiment: -0.4
• cryptopolitan @ 2024-08-17 17:15:51 EDT Read More

Summary: Ripple Labs, the company behind XRP, recently won a significant legal battle, removing a major obstacle for its operations. Despite this, XRP's price remains low, reflecting minimal immediate market impact, though RippleNet's growing success could improve its long-term value.

• Sentiment: 0.4
• Yahoo @ 2024-08-17 07:11:00 EDT Read More

Summary: Ripple (XRP) recently achieved a legal victory that clears the way for Ripple Labs to expand its business and partnerships in the U.S. Despite this, XRP's price remains low, reflecting broader trends similar to Bitcoin’s and historical volatility.

• Sentiment: 0.2
• Yahoo Finance @ 2024-08-17 07:11:00 EDT Read More

Summary: Ripple (XRP) recently achieved a significant legal victory, removing a major court hurdle and allowing Ripple Labs to operate freely and seek partnerships in the U.S. Despite this, XRP's price remains low and its future remains uncertain.

• Sentiment: 0.45
• [email protected] @ 2024-08-17 07:41:39 EDT Read More

Summary: Ripple (XRP) recently achieved a major legal victory, freeing Ripple Labs to operate and seek partnerships, including in the U.S. Despite a brief price increase, XRP's value remains low compared to past highs. RippleNet's success and growing adoption hint at future growth.

• Sentiment: 0.2
• The Motley Fool @ 2024-08-17 07:11:04 EDT Read More

Summary: Ripple Labs won a significant legal victory, removing regulatory obstacles and enabling further business operations and partnerships. Despite an initial price gain, XRP remains below $0.60. RippleNet’s growth, including major bank partnerships, suggests potential long-term value increase.

• Sentiment: 0.3
• The Motley Fool @ 2024-08-17 04:00:04 EDT Read More

Summary: Ripple (XRP) recently won a key legal battle, allowing Ripple Labs to operate freely and pursue U.S. partnerships. Despite a 26% price gain post-verdict, XRP’s value remains below $0.60, reflecting a pattern similar to Bitcoin's recent price movements.

• Sentiment: 0.3
• sharewise @ 2024-08-17 12:11:21 EDT Read More

Summary: An unidentified XRP whale recently transferred 104 million XRP, worth $58.2 million, between newly activated addresses. This significant movement, tracked by Whale Alert, occurs amid XRP's market consolidation phase, with the ultimate purpose of the transaction remaining unclear.

• Sentiment: 0.1
• The Crypto Basic @ 2024-08-17 03:33:02 EDT Read More

Summary: Ripple recently executed significant XRP transfers totaling 146.92 million tokens, including movements to Bitstamp and Bitso exchanges. These transfers have triggered speculation about Ripple’s market intentions and potential impacts, though such actions are not unusual post-escrow unlocks.

• Sentiment: 0.1
• Times Tabloid @ 2024-08-17 04:24:55 EDT Read More

Summary: A whale moved 21,891,000 XRP from Bittrex to an unknown wallet, signaling potential long-term holding. Additionally, major Japanese banks integrating XRP for cross-border transactions could significantly boost global adoption and market position of the cryptocurrency.

• Sentiment: 0.6
• Crypto News Flash @ 2024-08-17 07:00:18 EDT Read More

Summary: Judge Torres ruled that XRP is not a security, particularly concerning secondary market sales, marking a major win for Ripple. Despite potential SEC appeals, Ripple’s legal team remains confident the decision will withstand, impacting future cryptocurrency regulation.

• Sentiment: 0.7
• The Currency analytics @ 2024-08-17 01:32:31 EDT Read More

Summary: Judge Analisa Torres ruled that XRP's secondary market sales are not securities, solidifying XRP's non-security status. Ripple's lawyer, Stuart Alderoty, believes this decision will remain unchanged even if the SEC appeals, offering stability for XRP and the broader crypto industry.

• Sentiment: 0.8
• Coinrevolution @ 2024-08-17 06:13:00 EDT Read More

Summary: Ripple's Chief Legal Officer, Stuart Alderoty, expressed confidence in the ongoing SEC lawsuit against Ripple (XRP), noting the low reversal rate of appeals and Judge Torres’ careful judgment. Despite a $125 million fine and ongoing market volatility, Ripple remains optimistic.

• Sentiment: 0.3
• CoinChapter @ 2024-08-17 06:44:24 EDT Read More

Summary: Ripple’s Chief Legal Officer, Stuart Alderoty, affirmed that the court’s decision declaring XRP as a non-security remains final and unchangeable, even if the SEC appeals. He emphasized that XRP's secondary market sales are not investment contracts.

• Sentiment: 0.4
• The Tech Report @ 2024-08-17 18:09:23 EDT Read More

Summary: On August 7, 2024, Judge Torres ruled that Ripple Labs' institutional sales of XRP violated federal securities laws, resulting in a $125 million penalty. However, sales to retail investors were not deemed securities transactions, benefiting Ripple and XRP's market performance.

• Sentiment: 0.2
• JD Supra @ 2024-08-16 22:27:03 EDT Read More

Summary: The SEC sought a harsher judgment for Ripple, including a $2 billion penalty and restrictions on XRP sales. Ripple's legal team anticipates an appeal, which could impact XRP's demand and Ripple’s US expansion. The SEC's stance may affect Ripple's future plans.

• Sentiment: -0.3
• FX Empire @ 2024-08-17 01:30:05 EDT Read More

Summary: Ripple (XRP) faces a challenging period as rising legal tensions threaten to impact its price. Despite an initial boost from a favorable ruling, concerns over a possible SEC appeal are pushing XRP's price towards a critical support level of $0.5.

• Sentiment: -0.6
• Times Tabloid @ 2024-08-17 05:00:46 EDT Read More

Summary: Ripple's XRP surged above $0.56 on Saturday amid positive ecosystem developments, including a partnership with SBI Holdings' crypto arm and ongoing testing of the RippleUSD stablecoin. Ripple’s CLO expects the SEC is unlikely to appeal the recent lawsuit ruling.

• Sentiment: 0.1
• FXStreet @ 2024-08-17 09:07:00 EDT Read More

Summary: Ripple (XRP) surged above $0.56 on Saturday, amidst positive developments in the ecosystem.

• Sentiment: 0.0
• Head Topics @ 2024-08-17 09:42:02 EDT Read More

Summary: The Ripple vs. SEC case concluded with Ripple Labs paying $125 million, significantly less than the initial $2 billion fine. Despite this, XRP's price remains stagnant around $0.55, failing to spark the anticipated rally.

• Sentiment: 0.12
• CoinGape @ 2024-08-17 10:28:30 EDT Read More

Summary: Ripple (XRP) faces significant selling pressure as investors lose faith amid ongoing legal battles with the SEC. Despite a recent court decision reducing fines, uncertainty drives investors to sell XRP and invest in the booming ETFSwap (ETFS) market.

• Sentiment: -0.7
• The Merkle News @ 2024-08-17 15:00:56 EDT Read More

Summary: The Ripple vs. SEC case saw Ripple ordered to pay $125 million for selling unregistered securities to institutional investors, a reduction from the $2 billion sought. The court ruling also classified XRP as a security for institutional sales, affecting its future price and adoption.

• Sentiment: 0.2
• CaptainAltcoin @ 2024-08-17 15:56:57 EDT Read More

Summary: On August 7, 2024, Ripple won its legal battle against the SEC, which had accused it of securities law violations. The court imposed a $125 million penalty, much lower than the SEC's demand. XRP’s price initially surged but later stabilized around $0.55.

• Sentiment: 0.6
• Crypto Daily @ 2024-08-17 16:00:00 EDT Read More

Summary: Ripple (XRP) is facing intense selling pressure amid ongoing legal issues with the SEC, despite a recent court ruling reducing fines. Investors are shifting to ETFSwap (ETFS), leading to XRP's price decline and growing bearish sentiment in the market.

• Sentiment: -0.6
• The Merkle News @ 2024-08-17 15:00:56 EDT Read More

Summary: XRP’s price is likely to rise soon, with bullish signals from its MACD indicator and whale accumulation. The tightening Bollinger Bands and XRP's dominance suggest imminent gains, while recent SEC developments and market metrics support a potential breakout.

• Sentiment: 0.8
• AMBCrypto @ 2024-08-16 22:00:38 EDT Read More

Summary: XRP's price is struggling to break out of a consolidation phase despite Ripple’s legal win against the SEC. Market speculation remains high, with predictions of a potential price surge to $57. Currently, XRP is forming a bullish pattern that could suggest a 126% increase.

• Sentiment: 0.2
• CoinChapter @ 2024-08-16 23:02:47 EDT Read More

Summary: XRP’s recent price rise to $0.566 is influenced by bullish futures trading and cautious spot market sentiment. Despite a 48% surge following Ripple’s legal victory over the SEC, XRP's price remains volatile, with key resistance levels to watch.

• Sentiment: 0.3
• The Currency analytics @ 2024-08-16 22:44:08 EDT Read More

Summary: Cryptocurrency analyst Ben Armstrong predicts XRP could reach $52 if Ripple launches an IPO and an ETF, potentially boosting its market cap to over $5 trillion. However, he considers a more realistic price target to be $8 to $10.

• Sentiment: 0.6
• Times Tabloid @ 2024-08-17 01:54:25 EDT Read More

Summary: Market analyst XRP Hawker predicts that XRP could reach an all-time high of $6.10 by the end of August, following a breakout from a long-standing descending trendline. This potential rally is anticipated to be followed by a correction and a final push towards $32.

• Sentiment: 0.2
• The Crypto Basic @ 2024-08-17 02:10:02 EDT Read More

Summary: XRP's price action is worth watching, especially after recent SEC developments suggested that it may be poised for significant moves...

• Sentiment: 0.0
• Head Topics @ 2024-08-17 02:42:04 EDT Read More

Summary: Whiplash, a financial advisor, speculates that XRP could reach $125 per token based on its potential to handle a significant portion of the global Forex market's daily volume. This projection assumes XRP's current liquidity and market conditions could support such a price increase.

• Sentiment: 0.2
• The Crypto Basic @ 2024-08-17 03:23:03 EDT Read More

Summary: Renowned analyst, Dark defender predicts 6000% surge for XRP. However, ETFSwap (ETFS) is poised to outperform with a 50000% gain.

• Sentiment: 0.0
• Coinspeaker @ 2024-08-17 04:05:02 EDT Read More

Summary: Ripple's XRP is poised for an upside move but may face a slight dip before significant gains. Analysts suggest holding the $0.545 to $0.561 range is crucial for targeting higher levels, with a potential long-term price range of $5.59 to $11.25 by 2025.

• Sentiment: 0.2
• Coinpedia @ 2024-08-17 05:14:09 EDT Read More

Summary: Charting Guy predicts XRP could reach $8 to $13 in Q1 2025, reflecting a substantial increase from its current price. This forecast aligns with similar projections from other analysts, indicating high confidence in XRP's potential for significant gains.

• Sentiment: 0.1
• The Crypto Basic @ 2024-08-17 05:09:02 EDT Read More

Summary: Analysts predict XRP may rise to $6.10 by August 2024, breaking out from a major trendline. Following a correction, it could reach $32 by early November. This forecast reflects significant potential growth, aligning with broader market dynamics and recent whale activity.

• Sentiment: 0.8
• SFC Today @ 2024-08-17 05:54:30 EDT Read More

Summary: Analysts are forecasting bullish long-term price predictions for XRP, ranging from $6.10 by August 2024 to as high as $57, depending on various technical analyses. Immediate resistance levels to watch are $0.66 and $1.03, while 2025 targets vary between $5.59 and $11.25.

• Sentiment: 0.8
• MoneyCheck @ 2024-08-17 06:18:22 EDT Read More

Summary: Ripple (XRP) has lost 5.7% over the past week but shows some optimism with higher lows. Despite a flat trend and persistent resistance at 68 cents, XRP might need to break this barrier for a notable price improvement.

• Sentiment: -0.34
• The Currency analytics @ 2024-08-17 07:08:21 EDT Read More

Summary: A prominent investor has highlighted XRP as a top pick, predicting its value could rise significantly, potentially reaching $100 to $500. Despite skepticism about XRP's high market cap, the investor's enthusiasm and XRP's current low price suggest a potential rally.

• Sentiment: 0.8
• Analytics Insight @ 2024-08-17 07:00:00 EDT Read More

Summary: Ripple’s XRP, trading at $0.55, faces a persistent downward trend but has been the subject of a bold prediction by Whiplash. He speculates that XRP could reach $125 per token, driven by its potential involvement in the $7.5 trillion Forex market.

• Sentiment: -0.2
• The Coin Republic @ 2024-08-17 08:24:04 EDT Read More

Summary: XRP price is facing a bearish trend and is ranging negatively. If it breaks below the $0.492 support level, it could drop 12% to the August 5 low of $0.431. A bounce is possible if it stays above this support.

• Sentiment: 0.5
• CoinGape @ 2024-08-17 10:06:01 EDT Read More

Summary: XRP is currently forming a bullish inverted head and shoulders pattern, trading around $0.567. With an ideal risk-to-reward setup, it could rise 12% to $0.635. Major liquidation levels are $0.553 and $0.575, influencing trader positions.

• Sentiment: 0.2
• Coinpedia @ 2024-08-17 11:19:09 EDT Read More

Summary: Following Ripple's legal victory, analyst Amonyx predicts XRP could surge 11,745% to $57 in eight weeks, citing a potential "God candle" formation. While this offers hope, the highly volatile crypto market warrants cautious consideration of such predictions.

• Sentiment: 0.1
• Times Tabloid @ 2024-08-17 14:23:44 EDT Read More

Summary: Prominent analysts are optimistic about Ripple (XRP), with technical indicators showing positive signs. Despite a 10% YTD decline, bullish long-term predictions suggest XRP could hit $0.62 by September 2024.

• Sentiment: 0.8
• BSC News @ 2024-08-17 14:11:21 EDT Read More

Summary: MichaelXBT forecasts XRP could reach $2, representing a 251% increase from its current price. He believes this is achievable based on XRP's historical patterns and consolidation phase, despite recent market volatility and prior extreme predictions from other analysts.

• Sentiment: 0.7
• The Currency analytics @ 2024-08-17 15:16:42 EDT Read More

Summary: MichaelXBT predicts XRP could reach $2, based on its historical price patterns and recent legal developments. Although XRP has recently surged, it is currently consolidating. MichaelXBT’s forecast reflects a measured approach compared to more extreme market predictions.

• Sentiment: 0.6
• thecurrencyanalytics @ 2024-08-17 15:16:42 EDT Read More

Summary: Ripple (XRP) recently fell below $0.550 but is showing signs of recovery, approaching resistance levels around $0.580. If XRP surpasses $0.5850, it may target higher resistances, potentially reaching $0.6200 and beyond.

• Sentiment: 0.05
• Crypto News Flash @ 2024-08-16 20:00:29 EDT Read More

Summary: Ripple (XRP) recently saw its price recover from a low of $0.5450, climbing above key resistance levels. Despite this positive momentum, significant obstacles remain at around $0.580, which could impact further price increases.

• Sentiment: 0.1
• Crypto News Flash @ 2024-08-16 20:00:29 EDT Read More

Summary: Ripple (XRP) is transforming international payments by dramatically speeding up transactions and reducing processing times through its blockchain technology. This advancement is making global financial services more efficient and accessible, fundamentally reshaping the payments landscape.

• Sentiment: 0.9
• TechBullion @ 2024-08-17 00:50:51 EDT Read More

Summary: Ripple (XRP) has surged nearly 13% to $0.618, its highest in three months, driven by investor optimism amid regulatory developments. The altcoin has seen a 14.36% increase in market cap, making it a strong candidate for a $5,000 investment portfolio.

• Sentiment: 0.75
• NullTX @ 2024-08-17 03:22:44 EDT Read More

Summary: The article suggests that XRP is currently outperforming SHIB and ADA, with the potential for significant growth in 2024 if it successfully navigates legal and regulatory challenges. Predictions estimate XRP could reach between $0.9 and $1.58 by year-end.

• Sentiment: 0.1
• CryptoPotato @ 2024-08-17 06:26:28 EDT Read More

Summary: Various European merchants now accept Ripple’s XRP for purchasing gold, silver, platinum, palladium, and rhodium. This move reflects a growing trend of integrating cryptocurrencies into traditional financial systems, potentially boosting XRP's value and adoption in cross-border transactions.

• Sentiment: 0.9
• CryptoNewsZ @ 2024-08-16 19:04:51 EDT Read More

Summary: Suisse Gold now accepts Ripple's XRP for purchasing precious metals like gold, silver, platinum, and palladium. This move reflects broader acceptance of XRP and hints at its potential role in BRICS’ future cross-border payment systems, influencing XRP's market value positively.

• Sentiment: 0.9
• cryptonewsz @ 2024-08-16 19:04:51 EDT Read More

Summary: The BRICS alliance is exploring the integration of XRP, a cryptocurrency linked with Ripple, into its new payment system. This system aims to provide an alternative to the US dollar, potentially impacting international trade and XRP's market value.

• Sentiment: 0.2
• cryptonewsz @ 2024-08-17 06:39:46 EDT Read More

Summary: XRP is poised to become a key bridge currency in a potential global monetary reset, facilitating seamless cross-border transactions between Central Bank Digital Currencies (CBDCs). Its cross-border capabilities make it ideal for linking different national digital currencies.

• Sentiment: 0.6
• Crypto News Flash @ 2024-08-17 11:55:13 EDT Read More

Summary: XRP is poised to play a significant role in bridging various Central Bank Digital Currencies (CBDCs) in a potential global monetary reset, leveraging its cross-border settlement capabilities to facilitate seamless international transactions and enhance global financial interoperability.

• Sentiment: 0.75
• Crypto News Flash @ 2024-08-17 11:55:13 EDT Read More