Ripple News 2024-08-29

13 significant events occurred in the past 24 hours.

Australian Government Features XRP Case Study

2024-08-29 11:14:20 EDT, Sentiment: 0.8

The Australian Government features XRP as a case study on its official website.
Australian Government Highlights XRP as a Case Study on Official Website

Summary: The Australian Tax Office’s recent paper includes XRP in a case study about crypto transactions, highlighting its use for tax purposes. This recognition suggests XRP's mainstream adoption and regulatory integration, marking a bullish development for the cryptocurrency.

  • Sentiment: 0.6
  • Crypto News Flash @ 2024-08-29 11:14:20 EDT Read More
Australian Government Highlights XRP as a Case Study on Official Website
Australian Government Highlights XRP as a Case Study on Official Website

Summary: The Australian Taxation Office highlighted XRP in a case study on its website, using it as an example to illustrate crypto transactions and tax implications. This official mention underscores XRP's growing recognition and integration into financial procedures.

  • Sentiment: 0.6
  • Crypto News Flash @ 2024-08-29 11:14:20 EDT Read More
Australian Government Highlights XRP as a Case Study on Official Website

Ripple CLO Challenges SEC NFT Regulations

2024-08-29 10:16:03 EDT, Sentiment: 0.43

Ripple's CLO Stuart Alderoty is advising OpenSea on how to handle a potential SEC lawsuit regarding NFTs and is challenging the SEC's regulatory stance.
Ripple’s CLO Stuart Alderoty Advises OpenSea on Strategy to Navigate Potential SEC NFT Lawsuit

Summary: The article highlights that despite recent defeats, the SEC has targeted OpenSea with a Wells notice, accusing it of offering unregistered securities. Ripple's Stuart Alderoty criticized this action, referencing a 1976 SEC ruling on art galleries not being securities.

  • Sentiment: -0.2
  • Coinpedia @ 2024-08-29 10:16:03 EDT Read More
Ripple’s CLO Stuart Alderoty Advises OpenSea on Strategy to Navigate Potential SEC NFT Lawsuit
Ripple CLO Alderoty Challenges US SEC’s Regulatory Approach on NFTs

Summary: Stuart Alderoty, Ripple's CLO, argues that NFTs should not be considered securities based on a 1976 SEC ruling on art sales. This viewpoint challenges the SEC's potential classification of NFTs as securities and could impact the regulatory landscape for digital assets.

  • Sentiment: 0.2
  • The Crypto Times @ 2024-08-29 14:00:08 EDT Read More
Ripple CLO Alderoty Challenges US SEC’s Regulatory Approach on NFTs
Ripple CLO Stuart Alderoty Challenges SEC OpenSea NFT Wells Notice, Citing 1976 Art Gallery Ruling

Summary: Ripple's chief legal officer challenges the SEC's recent actions against NFTs, noting that historically, art galleries were exempt from SEC registration despite investment motives. This move is seen as potentially stifling innovation in the NFT space.

  • Sentiment: -0.3
  • The Daily Hodl @ 2024-08-29 18:01:15 EDT Read More
Ripple CLO Stuart Alderoty Challenges SEC OpenSea NFT Wells Notice, Citing 1976 Art Gallery Ruling

XRP Faces Major Whale Activity

2024-08-29 08:00:29 EDT, Sentiment: 0.43

XRP faces a 4% decline amid massive token transfers by Ripple and whales, leading to speculation about upcoming price action.
XRP Crashes 4% Amid Ripple’s Massive 200 Million Token Shift

Summary: XRP fell nearly 4% in 24 hours following Ripple's transfer of 200 million XRP between wallets, with 41.85 million XRP moved to exchanges Bitso and Bitstamp. The market decline aligns with broader crypto downturns and Ripple’s significant movements.

  • Sentiment: -0.6
  • TronWeekly @ 2024-08-29 08:32:01 EDT Read More
XRP Crashes 4% Amid Ripple’s Massive 200 Million Token Shift
Whale Moves 60 Million XRP to Binance, Community on Edge

Summary: Whale Alert detected a transfer of 60 million XRP to Binance, fueling speculation about a potential market dump. Despite XRP’s declining price, increased corporate ownership, now over 20% of the total supply, signals strong institutional interest.

  • Sentiment: 0.1
  • Crypto News Flash @ 2024-08-29 08:00:29 EDT Read More
Whale Moves 60 Million XRP to Binance, Community on Edge
XRP Whales Withdraw 806 Million Tokens, Fueling Speculation of Upcoming Price Action

Summary: Whale investors withdrew over 806 million XRP tokens in a single day, sparking speculation of a potential price breakthrough for XRP. Despite a recent price drop, large-scale buying and optimistic signs suggest possible future price increases.

  • Sentiment: 0.3
  • EconoTimes @ 2024-08-29 09:39:07 EDT Read More
XRP Whales Withdraw 806 Million Tokens, Fueling Speculation of Upcoming Price Action
Alert! 106M XRP Dumped by Ripple Whale, Bearish Signal or What?

Summary: Ripple whales recently dumped over 106.2 million XRP tokens, worth $60.55 million, on exchanges like Binance and Bitstamp. This occurred near the crucial $0.55 support level, raising concerns about potential price reversals or further declines.

  • Sentiment: -0.2
  • Coinpedia @ 2024-08-29 10:27:32 EDT Read More
Alert! 106M XRP Dumped by Ripple Whale, Bearish Signal or What?
Ripple Whales on the Move: Is a Major XRP Price Rally Imminent

Summary: Ripple whales recently acquired over 50 million XRP tokens, valued at nearly $30 million. This substantial purchase may reduce market supply, boost investor confidence, and potentially trigger a significant price rally, as indicated by tightening Bollinger Bands and a flag pattern.

  • Sentiment: 0.7
  • The Currency analytics @ 2024-08-29 09:56:59 EDT Read More
Ripple Whales on the Move: Is a Major XRP Price Rally Imminent
Unknown Whales Move 79,400,000 XRP to Binance and Bitso, But There’s a Catch

Summary: Whale Alert reports a transfer of 60 million XRP to Binance, sparking concerns about a potential bearish impact on the asset’s price. This move follows a previous transfer of 19.4 million XRP to Bitso, a Ripple partner.

  • Sentiment: -0.3
  • The Crypto Basic @ 2024-08-29 10:10:07 EDT Read More
Unknown Whales Move 79,400,000 XRP to Binance and Bitso, But There’s a Catch
Ripple’s XRP Faces 4% Decline as Massive Transfers Raise Eyebrows

Summary: XRP's price fell 4% recently due to a significant internal transfer of 200 million XRP by Ripple, moving assets across its own wallets. This coincided with broader market declines and highlights how Ripple's actions impact XRP's price and market dynamics.

  • Sentiment: -0.3
  • The Currency analytics @ 2024-08-29 15:16:27 EDT Read More
Ripple’s XRP Faces 4% Decline as Massive Transfers Raise Eyebrows

Ripple documentary release in November

2024-08-29 07:35:34 EDT, Sentiment: 0.55

Fruition Productions will release a documentary about Ripple's XRP in November.
‘XRP Unleashed’: Fruition Productions’ Ripple Documentary Coming Soon

Summary: Fruition Production is releasing a documentary on Ripple's XRP in November, featuring insights from CTO David Schwartz but not CEO Brad Garlinghouse. The film will explore XRP's development and ongoing SEC legal issues, aiming to provide a comprehensive view of Ripple.

  • Sentiment: 0.2
  • cryptonewsz @ 2024-08-29 07:35:34 EDT Read More
‘XRP Unleashed’: Fruition Productions’ Ripple Documentary Coming Soon
Hollywood’s Fruition Production to release Ripple’s XRP Documentary in November

Summary: Ripple CEO Brad Garlinghouse declined to appear in the documentary, but CTO David Schwartz's appearance was confirmed. Fruition Production has announced an...

  • Sentiment: 0.0
  • Cryptopolitan @ 2024-08-29 08:40:09 EDT Read More

Judge Torres' XRP ruling implications

2024-08-29 05:55:10 EDT, Sentiment: 0.55

The message discusses a wealth advisor highlighting Judge Torres's criticism of the SEC's approach and the implications of the Ripple lawsuit ruling on XRP's price, while noting a pro-XRP attorney's view on the lowered chances of the SEC's appeal.
Wealth Advisor Identifies Only Issue Regarding Judge Torres XRP Ruling

Summary: Mickle asserts that Judge Torres' decision on XRP’s non-security status in secondary market trading does not set a binding precedent for other courts because it is from a district court. The ruling is limited to Ripple's programmatic sales, not overall secondary market sales.

  • Sentiment: 0.0
  • The Crypto Basic @ 2024-08-29 05:55:10 EDT Read More
Wealth Advisor Identifies Only Issue Regarding Judge Torres XRP Ruling
XRP News Today: The Hidden Implications of Ripple Lawsuit Ruling on XRP Price

Summary: Mickle criticized Judge Torres' ruling on XRP's secondary market trading, noting it lacks binding precedent for other courts. This limitation could influence future legal battles if the SEC appeals, impacting how XRP and other digital assets are regulated.

  • Sentiment: 0.0
  • Coinpedia @ 2024-08-29 08:21:47 EDT Read More
XRP News Today: The Hidden Implications of Ripple Lawsuit Ruling on XRP Price
XRP Lawyer Highlights Judge's Criticism of SEC's Approach Amid Recent Events

Summary: Bill Morgan highlighted Ripple’s recent victory in its legal battle with the SEC, where a judge ruled XRP itself is not a security, undermining the SEC's argument. This decision is a major setback for the SEC's stance on cryptocurrency regulation.

  • Sentiment: 0.05
  • U.Today @ 2024-08-29 09:02:00 EDT Read More
XRP Lawyer Highlights Judge's Criticism of SEC's Approach Amid Recent Events
Ripple Vs. SEC Lawsuit Update: Pro-XRP Attorney Lowers the Agency’s Appeal Chances

Summary: Ripple was ordered to pay a $125 million fine, a significant reduction from the SEC's $2 billion demand. While the case could still see an appeal, legal experts now see a lower chance of it proceeding based on recent developments.

  • Sentiment: 0.35
  • CryptoPotato @ 2024-08-29 13:55:36 EDT Read More
Ripple Vs. SEC Lawsuit Update: Pro-XRP Attorney Lowers the Agency’s Appeal Chances

XRP price predictions trending upward

2024-08-29 04:58:12 EDT, Sentiment: 0.68

XRP’s price might surge to $27 after hitting a key level, with various predictions suggesting significant potential for 2024.
Uphold’s XRP to $1,000 Prediction Gains Momentum Again

Summary: Uphold's past questions about XRP reaching $1,000, while sparking community interest, were not forecasts but inquiries. Despite this, some XRP enthusiasts misinterpreted them as predictions, particularly after Ripple and Uphold's partnership announcement in late 2023.

  • Sentiment: 0.1
  • The Crypto Basic @ 2024-08-29 04:58:12 EDT Read More
Uphold’s XRP to $1,000 Prediction Gains Momentum Again
What XRP’s volatility dropping below its 2017 levels means for its breakout odds

Summary: XRP’s recent decline in volatility may signal a potential breakout, similar to past surges. Experts are divided on XRP’s 2024 outlook, with projections ranging from $0.75 to $1.50, while long-term forecasts suggest significant growth by 2030.

  • Sentiment: 0.15
  • AMBCrypto @ 2024-08-29 05:00:46 EDT Read More
What XRP’s volatility dropping below its 2017 levels means for its breakout odds
Ripple XRP Predicted To Hit $7: Here’s When

Summary: XRP has struggled, down 83% from its all-time high and failing to surpass $1 since late 2021. The SEC lawsuit against Ripple, now settled with a $125 million fine, heavily impacted its performance. Predictions suggest potential future highs, reaching $7.54 by 2030.

  • Sentiment: -0.3
  • Watcher Guru @ 2024-08-29 06:30:00 EDT Read More
Ripple XRP Predicted To Hit $7: Here’s When
XRP's Journey to Reclaim $3.84: What Experts Predict?

Summary: XRP, priced at $0.53, is working to reclaim its previous peak of $3.84, raising questions about its potential to reach those heights again.

  • Sentiment: 0.2
  • CryptoNewsZ @ 2024-08-29 08:00:56 EDT Read More
XRP ‘gate will swing wide open’ to $27 after hitting this level

Summary: XRP could potentially surge to $27 if it clears the $0.75 resistance level, according to analyst Egrag Crypto. This target is based on historical price movements and Fibonacci retracement levels. However, XRP's current consolidation and legal uncertainties with the SEC might impact this forecast.

  • Sentiment: 0.2
  • Finbold | Finance in Bold @ 2024-08-29 10:00:50 EDT Read More
XRP ‘gate will swing wide open’ to $27 after hitting this level
Ripple: Top Analysts Predict XRP Price For End of 2024

Summary: Ripple's XRP fell to $0.506 this week, a 4.43% drop, and is currently trading at $0.575. Experts predict XRP could average $0.66 by the end of 2024, with some forecasts ranging from $0.30 to $1.50.

  • Sentiment: -0.3
  • Watcher Guru @ 2024-08-29 11:30:00 EDT Read More
Ripple: Top Analysts Predict XRP Price For End of 2024
Finder’s Experts Project Potential Surge in XRP Price: Insights and Predictions for 2024 and Beyond

Summary: Finder’s panel predicts XRP will end 2024 at around $0.66, rise to $1.05 by 2025, and reach $2.49 by 2030. Predictions vary widely due to factors like regulatory challenges and XRP’s role in cross-border payments and partnerships.

  • Sentiment: 0.4
  • The Currency analytics @ 2024-08-29 12:56:39 EDT Read More
Finder’s Experts Project Potential Surge in XRP Price: Insights and Predictions for 2024 and Beyond
Can XRP Price Really Reach $27? Ripple Analyst Reveals Path

Summary: Rle B Winkle predicts XRP could soon reach 75 cents and potentially $27 long-term, based on Fibonacci levels. He emphasized setting clear price targets for XRP amidst current market dynamics and ongoing legal challenges with the SEC.

  • Sentiment: 0.5
  • CaptainAltcoin @ 2024-08-29 16:30:00 EDT Read More
Can XRP Price Really Reach $27? Ripple Analyst Reveals Path
Ripple: How One 2017 Pattern Could Have XRP Targeting $27

Summary: Ripple's XRP might be on the brink of a significant surge, potentially reaching $27, if it mirrors a successful 2017 price pattern. The token, currently consolidating, could break out of its current phase with sufficient bullish momentum and buying pressure.

  • Sentiment: 0.5
  • Watcher Guru @ 2024-08-29 19:00:00 EDT Read More
Ripple: How One 2017 Pattern Could Have XRP Targeting $27
XRP bulls emerge: Is a rally towards $0.64 on the horizon?

Summary: XRP has shown bullish momentum after bouncing off key support at $0.5557, with a 4% price increase and favorable metrics suggesting further gains. On-chain data and decreasing sell-side liquidations reinforce the bullish sentiment, indicating potential growth toward $0.64.

  • Sentiment: 0.9
  • AMBCrypto @ 2024-08-29 20:30:58 EDT Read More
XRP bulls emerge: Is a rally towards $0.64 on the horizon?

Ripple's bank partnerships boost XRP.

2024-08-29 04:45:58 EDT, Sentiment: 0.63

Analyst predicts XRP price surge following Ripple's major bank deals and potential global financial system adoption.
Market Expert Predicts XRP Price Rally Following Ripple’s Big Bank Tests

Summary: XRP's price has been stagnant due to regulatory issues and banks still testing Ripple’s technology. Market expert SMQKE predicts that a significant price rally for XRP will occur once major banks fully adopt Ripple's technology and the legal issues are resolved.

  • Sentiment: 0.2
  • West Island Blog @ 2024-08-29 04:45:58 EDT Read More
Market Expert Predicts XRP Price Rally Following Ripple’s Big Bank Tests
XRP Price Impact Hinges on Full-Scale Adoption by Systemic Banks Post-Testing – Analyst Highlights Ripple’s Potential to Drive Global Financial Systems

Summary: Banks integrating Ripple’s technology are still in "test mode," contributing to XRP's prolonged price struggle. Full adoption by these banks could drive XRP’s price higher by creating more demand and improving market sentiment, potentially surpassing resistance levels.

  • Sentiment: 0.15
  • Crypto News Flash @ 2024-08-29 07:33:56 EDT Read More
XRP Price Impact Hinges on Full-Scale Adoption by Systemic Banks Post-Testing – Analyst Highlights Ripple’s Potential to Drive Global Financial Systems
Ripple’s Bold Vision: XRP a Legal Payment Method Worldwide!

Summary: Ripple's progress in global financial systems and its partnerships with over 1,700 institutions worldwide lay a foundation for XRP's potential recognition as legal tender, contingent on regulatory approvals and overcoming significant hurdles, including the ongoing SEC lawsuit.

  • Sentiment: 0.6
  • CryptoNewsZ @ 2024-08-29 07:25:19 EDT Read More
Ripple’s Bold Vision: XRP a Legal Payment Method Worldwide!
Analyst: US Fed to Partner With Ripple for Payments to India

Summary: Ripple’s XRP could address challenges in the U.S. financial system by offering solutions for global payments and smart contracts. The Federal Reserve’s concerns about interlinking fast payment systems may be mitigated by XRP’s capabilities in enhancing efficiency and compliance.

  • Sentiment: 0.2
  • CryptoNewsZ @ 2024-08-29 10:21:09 EDT Read More
Analyst: US Fed to Partner With Ripple for Payments to India
Russian Central Bank Taps Ripple for Global Payment Solutions

Summary: The Central Bank of Russia is exploring the use of XRP to enhance its cross-border payment systems, potentially reducing costs and processing times. This development signifies growing global recognition of Ripple's technology and could influence other nations, especially within BRICS.

  • Sentiment: 0.8
  • CryptoNewsZ @ 2024-08-29 11:57:06 EDT Read More
Russian Central Bank Taps Ripple for Global Payment Solutions
XRP Set for a Surge? Ripple’s Major Bank Deals Hold the Key

Summary: Ripple stands at the brink of transformative growth. As the developer of the Ripple protocol and the RippleNet payment network, Ripple has consistently...

  • Sentiment: 0.0
  • DailyCoin @ 2024-08-29 19:00:09 EDT Read More

Ripple (XRP) Holders Take Profits

2024-08-29 04:01:12 EDT, Sentiment: 0.46

Ripple (XRP) traders have taken over $8 million in profits as XRP price trends above $0.55.
Ripple (XRP) Holders Turn Profits Despite Muted Performance

Summary: XRP has shown stability within a narrow price range over the past month, trading around $0.57. Despite recent market declines, most XRP transactions have been profitable, and whale activity has increased, indicating bullish sentiment. However, a bearish trend persists.

  • Sentiment: 0.2
  • BeInCrypto @ 2024-08-29 04:18:30 EDT Read More
Ripple (XRP) Holders Turn Profits Despite Muted Performance
XRP Rejects Bears, Ripple Trends Above $0.55 Amid Rising Volume: What’s Next?

Summary: XRP remains above its primary support level of $0.55 despite a 5% drop over the past 24 hours and week. The coin's performance is stable but dependent on Bitcoin and other altcoins, with potential for growth if it breaks above $0.66.

  • Sentiment: 0.1
  • FXLeaders @ 2024-08-29 04:01:12 EDT Read More
XRP Rejects Bears, Ripple Trends Above $0.55 Amid Rising Volume: What’s Next?
Ripple (XRP), DTX Exchange (DTX) and Tron (TRX) in the Sights of Crypto Whales

Summary: Ripple (XRP) recently faced a 5% drop in price but analysts remain optimistic, predicting a rise to $0.63 by September 2024. Despite current volatility, XRP is viewed as having strong institutional use potential, attracting interest from major investors.

  • Sentiment: 0.6
  • Finbold @ 2024-08-29 05:00:00 EDT Read More
Ripple (XRP), DTX Exchange (DTX) and Tron (TRX) in the Sights of Crypto Whales
FxWirePro- XRPUSD Daily Outlook

Summary: Ripple's XRP saw a decline, hitting $0.5535, with current trading around $0.5781. Whale addresses holding between 1M and 10M XRP increased by 2% in August. Key resistance is at $0.68; a breach could signal bullish movement.

  • Sentiment: -0.3
  • EconoTimes @ 2024-08-29 07:56:19 EDT Read More
FxWirePro- XRPUSD Daily Outlook
Ripple’s Potential, MATIC’s Developments, and DTX Exchange’s Presale Strategy With Testnet Launch

Summary: Ripple (XRP) is consolidating around the $0.55 support level after a 50% price increase in mid-July. It is crucial for XRP to maintain this support to avoid dropping to a new 52-week low, currently ranked 7th with a $32 billion market cap.

  • Sentiment: 0.3
  • Crypto Reporter @ 2024-08-29 11:38:58 EDT Read More
Ripple’s Potential, MATIC’s Developments, and DTX Exchange’s Presale Strategy With Testnet Launch
XRP traders take over $8 million in profits, Ripple back above $0.57

Summary: Ripple (XRP) traders took $8.36 million in profits on August 29, contributing to increased selling pressure. Despite this, XRP maintained a steady position above the $0.57 support level, with nearly 1% gains and a rise in active addresses by 30%.

  • Sentiment: 0.05
  • FXStreet @ 2024-08-29 11:38:15 EDT Read More
XRP traders take over $8 million in profits, Ripple back above $0.57
Experts predict new presale token could surpass Ripple and Tron

Summary: Ripple's price has dropped over 3% in the past month, but analyst DustyBC predicts a potential breakout to $2.40. Despite recent declines, Ripple's technical indicators suggest it could reach $0.63 by September 2024.

  • Sentiment: 0.8
  • crypto.news @ 2024-08-29 11:00:00 EDT Read More
Experts predict new presale token could surpass Ripple and Tron
Cryptocurrencies Price Prediction: Bitcoin, Ripple & US – American Wrap 29 August

Summary: Ripple (XRP) traders have taken $8.36 million in profits on Thursday, reflecting ongoing profit-taking which could increase selling pressure on XRP. This trend has been observed over the past two weeks, potentially impacting XRP's price dynamics.

  • Sentiment: -0.1
  • FXStreet @ 2024-08-29 13:39:56 EDT Read More
Cryptocurrencies Price Prediction: Bitcoin, Ripple & US – American Wrap 29 August
Tron and Ripple Announces New Development; Intel Markets to Revolutionize Crypto Trading

Summary: Ripple (XRP) price is declining ahead of the XRP Community Day Tokyo 2024 event. Despite the bearish trend and a fluctuating market cap, analysts predict a potential price increase to $0.78354 in the coming months.

  • Sentiment: 0.22
  • CoinCodex @ 2024-08-29 14:30:00 EDT Read More
Tron and Ripple Announces New Development; Intel Markets to Revolutionize Crypto Trading
XRP the Next Bitcoin? Analyst Compares XRP Price to Bitcoin

Summary: Despite recent positive developments, XRP has struggled with price performance, showing a 6% drop in August and underperforming compared to major coins like Bitcoin and Solana. Analysts compare its situation to Bitcoin's early days, suggesting future growth potential.

  • Sentiment: -0.5
  • The Coin Republic @ 2024-08-29 17:47:08 EDT Read More
XRP the Next Bitcoin? Analyst Compares XRP Price to Bitcoin
Will XRP Price Fall? Traders Book $8.25M in Profit

Summary: Ripple traders realized over $8.25 million in profit on August 29, 2024, amid a bearish market. This profit booking could lead to increased selling pressure on XRP, which is trading around $0.56 and facing mixed sentiment and declining trading volume.

  • Sentiment: -0.3
  • Coinpedia @ 2024-08-29 18:36:04 EDT Read More
Will XRP Price Fall? Traders Book $8.25M in Profit
Cryptocurrencies Price Prediction: Ripple, Ethereum & Solana — Asian Wrap 30 August

Summary: Ripple’s (XRP) price is expected to decline after failing to break resistance, dropping 4.23% in two days. On-chain data indicates a bearish trend with a negative OI-Weighted Funding Rate and a long-to-short ratio below one.

  • Sentiment: -0.6
  • FXStreet @ 2024-08-29 22:19:16 EDT Read More

Ripple's Influence in US Politics

2024-08-29 03:33:10 EDT, Sentiment: 0.77

20% of institutional investors are invested in Ripple’s XRP, according to a recent report.
Ripple Makes Waves In US Politics And Global Finance

Summary: Ripple's recent membership in the International Swaps and Derivatives Association (ISDA) is set to enhance liquidity and institutional investment in the XRP Ledger, potentially leading to significant inflows into XRPL tokens and boosting Ripple's influence in the crypto sector.

  • Sentiment: 0.9
  • The Merkle News @ 2024-08-29 03:33:10 EDT Read More
Ripple Makes Waves In US Politics And Global Finance
Ripple Makes Waves In US Politics And Global Finance

Summary: Ripple's recent ISDA membership is set to enhance liquidity and attract institutional investment to the XRP Ledger, potentially injecting hundreds of millions into XRPL tokens. Additionally, Ripple whales have recently acquired over $29.5 million worth of XRP.

  • Sentiment: 0.8
  • The Merkle News @ 2024-08-29 03:33:10 EDT Read More
Ripple Makes Waves In US Politics And Global Finance
Differences Between XRP Ledger, XRP, and Ripple

Summary: XRP, the native digital asset of the XRP Ledger (XRPL), facilitates transactions and secures the network by being used as a bridge currency and preventing spam. Ripple, the company, develops solutions that leverage XRP and contributes to XRPL’s evolution.

  • Sentiment: 0.2
  • Times Tabloid @ 2024-08-29 05:01:12 EDT Read More
Differences Between XRP Ledger, XRP, and Ripple
Intel Markets User-Friendly AI-Powered Trading Platform Attracts Ripple and Toncoin Investors

Summary: Whales have dumped 140 million XRP coins over the past week, indicating a bearish sentiment towards Ripple despite its recent legal victory against the US SEC. This sell-off has contributed to XRP's fluctuating market cap and price losses.

  • Sentiment: 0.05
  • Coinpedia @ 2024-08-29 07:41:08 EDT Read More
Intel Markets User-Friendly AI-Powered Trading Platform Attracts Ripple and Toncoin Investors
Sponsored: Best Cryptos to Invest In Now: BlockDAG, Ripple, Toncoin, Cardano

Summary: Ripple's XRP is revolutionizing global payments with its rapid and cost-effective currency exchange solutions, gaining significant traction among financial institutions for its efficiency in cross-border transactions.

  • Sentiment: 0.7
  • NFTgators @ 2024-08-29 13:00:00 EDT Read More
Sponsored: Best Cryptos to Invest In Now: BlockDAG, Ripple, Toncoin, Cardano
$10M Partnership Between BlockDAG and Europe's Soccer Club Borussia Dortmund; Latest Forecasts on XRP

Summary: Ripple (XRP) continues to struggle with resistance at $0.6 despite recent positive legal developments. The token has failed to surpass the $0.63 level multiple times in recent weeks, causing mixed investor sentiment and bearish on-chain data.

  • Sentiment: 0.3
  • Bitcoinist @ 2024-08-29 16:00:05 EDT Read More
$10M Partnership Between BlockDAG and Europe's Soccer Club Borussia Dortmund; Latest Forecasts on XRP
20% Of Institutional Investors Are Invested In Ripple’s XRP, Report Shows

Summary: A recent Ernst & Young report reveals that 20% of institutional investors now hold XRP, highlighting its growing appeal despite Ripple’s ongoing legal issues. The report underscores XRP's increasing recognition among institutional players in the global digital asset market.

  • Sentiment: 0.7
  • ZyCrypto @ 2024-08-29 18:15:38 EDT Read More
20% Of Institutional Investors Are Invested In Ripple’s XRP, Report Shows
Cardano (ADA), Polygon (MATIC), and Ripple (XRP) Investors Eye 1000x Returns as RCOF Rises

Summary: Ripple (XRP) whales accumulated 50 million XRP tokens within 24 hours, increasing their holdings by approximately $29 million. This significant accumulation suggests a bullish sentiment among investors, potentially driven by anticipation of a Federal Reserve rate cut.

  • Sentiment: 0.35
  • Analytics Insight @ 2024-08-29 21:00:00 EDT Read More
Cardano (ADA), Polygon (MATIC), and Ripple (XRP) Investors Eye 1000x Returns as RCOF Rises

XRP unlikely to 50x this bull run

2024-08-29 02:55:00 EDT, Sentiment: 0.65

XRP is unlikely to see a 50x increase during this bull run.
Here's Why You Are Unlikely To See XRP and PEPE 50x This Bull Run, but This Crypto Might

Summary: Ripple has surged to $0.627, with a 13% increase, driven by whale accumulation of over 50 million tokens. Analysts suggest this could propel Ripple towards the $1 mark, making it a focal point for potential growth.

  • Sentiment: 0.2
  • CaptainAltcoin @ 2024-08-29 02:55:00 EDT Read More
Here's Why You Are Unlikely To See XRP and PEPE 50x This Bull Run, but This Crypto Might
Here's Why You Are Unlikely To See XRP and PEPE 50x This Bull Run, but This Crypto Might

Summary: Ripple has surged by 13% to $0.627 and is currently at $0.595. Whales have accumulated over 50 million XRP recently, potentially driving its price above $1 soon.

  • Sentiment: 0.4
  • Crypto Reporter @ 2024-08-29 10:02:47 EDT Read More
Here's Why You Are Unlikely To See XRP and PEPE 50x This Bull Run, but This Crypto Might

Elon Musk's potential XRP payments

2024-08-29 02:54:09 EDT, Sentiment: 0.56

The message discusses speculation about XRP's potential rise, including thoughts on Elon Musk potentially using XRP for payments on X and past comments by Vitalik Buterin comparing XRP favorably to Bitcoin.
Pundit Says Trump Presidency Not Needed for XRP to Rise

Summary: Xena, a notable XRP community member, disputes the notion that Trump's re-election is necessary for XRP’s success, arguing that Ripple’s progress and legal victories, rather than political outcomes, are key to XRP's future growth.

  • Sentiment: 0.2
  • The Crypto Basic @ 2024-08-29 02:54:09 EDT Read More
Pundit Says Trump Presidency Not Needed for XRP to Rise
Is Elon Musk Really Planning to Launch XRP Payments on X?

Summary: Speculation about Elon Musk integrating XRP as a payment option on X has circulated due to cryptic tweets, but these claims lack official confirmation. XRP's market price remains stable despite the buzz, indicating skepticism in the cryptocurrency community.

  • Sentiment: -0.1
  • CoinChapter @ 2024-08-29 08:39:56 EDT Read More
Is Elon Musk Really Planning to Launch XRP Payments on X?
Vitalik Buterin Past Claim XRP Better Than Bitcoin Resurface

Summary: Vitalik Buterin's 2019 claim that XRP is a better choice than Bitcoin for sound money has resurfaced amid rising interest in Ripple. The upcoming documentary on XRP is expected to boost its profile and potentially drive a bull run.

  • Sentiment: 0.1
  • CryptoNewsZ @ 2024-08-29 12:39:10 EDT Read More
Vitalik Buterin Past Claim XRP Better Than Bitcoin Resurface

SEC appeal impacts XRP price.

2024-08-29 02:00:00 EDT, Sentiment: 0.61

Market worries over the SEC appeal have pushed XRP price below $0.56.
Likely Implications of SEC Appeal On XRP Price

Summary: A tweet speculated that if the SEC appeals its recent loss against Ripple Labs, XRP's price could plummet to between $0.13 and $0.33 from its current $0.5879. This potential decline reflects the ongoing volatility and legal uncertainty surrounding XRP.

  • Sentiment: -0.4
  • Times Tabloid @ 2024-08-29 02:46:35 EDT Read More
Likely Implications of SEC Appeal On XRP Price
XRP price is set for a massive surge, but can it outperform meme coins?

Summary: XRP is poised for potential gains due to supportive remarks from US presidential candidate Donald Trump and the expected conclusion of the SEC vs. Ripple lawsuit. This comes after a period of underperformance and amid increasing interest in meme coins.

  • Sentiment: 0.4
  • Indiatimes @ 2024-08-29 02:00:00 EDT Read More
XRP price is set for a massive surge, but can it outperform meme coins?
XRP Shows Positive Sentiment Amid SEC Ruling Winding UP

Summary: The final ruling in the SEC vs. Ripple lawsuit on August 7, 2024, resulted in an 18.54% rise in XRP’s price despite a $125 million fine. The XRP community remains optimistic, though concerns about potential appeals and market volatility persist.

  • Sentiment: 0.12
  • CryptoNewsZ @ 2024-08-29 03:13:55 EDT Read More
XRP Shows Positive Sentiment Amid SEC Ruling Winding UP
XRP price prediction following Ripple's legal win and one new crypto for your watchlist

Summary: XRP has surged 40% this month, trading above $0.6, as Ripple Labs' legal battle with the SEC nears resolution. The recent reduction in the civil penalty imposed on Ripple has fueled optimism and could drive further price increases for XRP.

  • Sentiment: 0.6
  • The Economic Times @ 2024-08-29 07:51:00 EDT Read More
XRP price prediction following Ripple's legal win and one new crypto for your watchlist
OpenSea Snubs Ripple in SEC Wells Notice Response: Is XRP Going To Crash?

Summary: OpenSea's snub of Ripple in its response to the SEC's Wells Notice has sparking fears of a significant downturn in the XRP price.

  • Sentiment: 0.0
  • Cryptonews @ 2024-08-29 07:47:07 EDT Read More
XRP price prediction following Ripple's legal win and one new crypto for your watchlist

Summary: XRP has surged 40% this month and is trading above $0.6, buoyed by a recent federal court ruling reducing Ripple Labs' penalty by 94%. This legal progress is fueling optimism for further price gains in XRP.

  • Sentiment: 0.3
  • Indiatimes @ 2024-08-29 07:51:00 EDT Read More
XRP price prediction following Ripple's legal win and one new crypto for your watchlist
Ripple (XRP) And ETFSwap (ETFS) Race To $1 As Dogecoin Lags Behind | Bitcoinist.com

Summary: Ripple (XRP) faces challenges in reaching the $1 milestone due to regulatory issues in the U.S., lagging behind ETFSwap (ETFS), which is surging ahead with advanced utilities and infrastructure. XRP's current price is $0.5809.

  • Sentiment: 0.9
  • Bitcoinist @ 2024-08-29 10:00:03 EDT Read More
Ripple (XRP) And ETFSwap (ETFS) Race To $1 As Dogecoin Lags Behind | Bitcoinist.com
Dogecoin Price Prediction Q4 2024 – Why Bet on XRP and Intel Markets Ahead of the Next Bull Run?

Summary: Ripple (XRP) is regaining investor favor following a favorable SEC lawsuit verdict, with a reduced fine of $125 million. The removal of regulatory uncertainties is expected to boost XRP's value, with predictions suggesting a potential price increase to over $3.

  • Sentiment: 0.8
  • Analytics Insight @ 2024-08-29 13:00:00 EDT Read More
Dogecoin Price Prediction Q4 2024 – Why Bet on XRP and Intel Markets Ahead of the Next Bull Run?
Ripple (XRP) In Panic After SEC Appeal, Investors Turn To Promising Competitor

Summary: Ripple (XRP) saw a rise to $0.6 following Judge Torres' ruling, but concerns about a potential SEC appeal have caused investor anxiety. This uncertainty has led investors to shift focus to ETFSwap (ETFS), seen as a safer and potentially more profitable option.

  • Sentiment: 0.3
  • Ripple Coin News @ 2024-08-29 16:00:28 EDT Read More
Ripple (XRP) In Panic After SEC Appeal, Investors Turn To Promising Competitor
XRP News Today: Market Worries Over SEC Appeal Push XRP Below $0.56

Summary: XRP fell to $0.5622 on August 29 due to uncertainty over a potential SEC appeal in the SEC vs. Ripple case. The price trend of XRP hinges on whether the SEC decides to appeal, which could further impact its value.

  • Sentiment: -0.4
  • FXEmpire @ 2024-08-29 21:49:07 EDT Read More
XRP News Today: Market Worries Over SEC Appeal Push XRP Below $0.56
XRP in the Spotlight: Potential Price Surge, Lawsuit Update, and Market Analysis

Summary: XRP has bounced back from $0.55, reaching the 50-day EMA, indicating a potential reversal of the bearish trend. Despite ongoing SEC legal challenges, market optimism persists with predictions of a bull run and potential price targets up to $587.

  • Sentiment: 0.7
  • FXLeaders @ 2024-08-29 22:16:07 EDT Read More
XRP in the Spotlight: Potential Price Surge, Lawsuit Update, and Market Analysis

Ripple Burns RLUSD Stablecoin Tokens

2024-08-29 01:53:05 EDT, Sentiment: 0.62

Ripple Labs burns 185 RLUSD tokens on the XRP Ledger, signaling potential for a significant XRP surge.
Ripple Burns Stablecoin Tokens

Summary: Ripple has burned 185 RLUSD tokens, which were sent back to the issuer account. The RLUSD stablecoin is currently in private beta testing and will be available to the public after addressing any issues during this phase.

  • Sentiment: 0.2
  • U.Today @ 2024-08-29 01:53:05 EDT Read More
Ripple Burns Stablecoin Tokens
Xrpscan Data Reveals 185 RLUSD Tokens Burnt! XRP Set For A Massive Surge?

Summary: Ripple has burned 185 RLUSD tokens and continues private beta testing of its stablecoin, Ripple USD. Despite XRP’s recent gains, it has underperformed compared to other cryptocurrencies. Ripple executives confirm RLUSD will not replace XRP.

  • Sentiment: 0.1
  • Coinpedia @ 2024-08-29 03:46:34 EDT Read More
Xrpscan Data Reveals 185 RLUSD Tokens Burnt! XRP Set For A Massive Surge?
Important Ripple (XRP) Update August 29: Details

Summary: Ripple is testing its new stablecoin, Ripple USD (RLUSD), on the XRP Ledger and Ethereum. The stablecoin's private beta testing is underway, with Ripple minting and then burning initial RLUSD tokens, signaling a significant step towards its official launch later this year.

  • Sentiment: 0.2
  • CryptoPotato @ 2024-08-29 04:37:56 EDT Read More
Important Ripple (XRP) Update August 29: Details
Ripple Labs Burns RLUSD Tokens Minted on XRP Ledger

Summary: Ripple Labs started burning the RLUSD tokens, which it minted a few days ago, in what appears as another major test before full launch.

  • Sentiment: 0.0
  • Coinspeaker @ 2024-08-29 05:01:10 EDT Read More
Ripple Labs Burns RLUSD Tokens, Ensuring No Circulation on Any Protocol

Summary: Ripple’s stablecoin, RLUSD, has had 185 coins burnt, reducing circulation to zero. Ripple is testing RLUSD in private beta on Ethereum and the XRP Ledger, with plans for public release after addressing potential issues.

  • Sentiment: 0.2
  • Coinfomania @ 2024-08-29 06:52:30 EDT Read More
Ripple Labs Burns RLUSD Tokens, Ensuring No Circulation on Any Protocol
Ripple Labs Starts Burning RLUSD Stablecoin: What Does This Mean for the Upcoming Launch?

Summary: Ripple Labs has begun burning its new stablecoin RLUSD, which was tested on the XRP Ledger (XRPL) and Ethereum. Despite a $125 million penalty for securities violations, Ripple remains committed to RLUSD, aiming to compete in the stablecoin market.

  • Sentiment: 0.2
  • Crypto Economy @ 2024-08-29 07:57:16 EDT Read More
Ripple Labs Starts Burning RLUSD Stablecoin: What Does This Mean for the Upcoming Launch?
Hot News Including Listings from PEPE, Ripple and These 7 Altcoins!

Summary: Ripple has begun burning 185 RLUSD tokens as part of its stablecoin launch strategy. This move is aimed at managing the stablecoin supply and testing its technology on both the XRP Ledger and Ethereum network, ensuring regulatory and operational control.

  • Sentiment: 0.0
  • Kriptokoin.com @ 2024-08-29 07:01:04 EDT Read More
Hot News Including Listings from PEPE, Ripple and These 7 Altcoins!
185 RLUSD Tokens Burned by Ripple, What’s the Next Move?

Summary: Ripple burned 185 RLUSD tokens, removing them from circulation, during its private beta testing. This move supports Ripple’s strategic focus on RLUSD’s scalability and integration into the XRP Ledger, emphasizing its commitment to expanding its stablecoin ecosystem.

  • Sentiment: 0.6
  • Crypto News Flash @ 2024-08-29 07:00:57 EDT Read More
185 RLUSD Tokens Burned by Ripple, What’s the Next Move?
Ripple’s RLUSD: The Stablecoin Set to Shake Up the Crypto World!

Summary: Ripple's upcoming stablecoin, RLUSD, has completed private beta testing and is nearing its official launch. The stablecoin aims to enhance liquidity in the crypto market and could significantly impact Ripple's position amid the competitive $171 billion stablecoin sector.

  • Sentiment: 0.4
  • Watcher Guru @ 2024-08-29 15:00:00 EDT Read More
Ripple’s RLUSD: The Stablecoin Set to Shake Up the Crypto World!
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