Summary: Ripple executives, including CTO David Schwartz, faced skepticism from the XRP community about their intentions regarding XRP holdings. Schwartz defended against suggestions to burn or giveaway XRP, arguing such actions wouldn't benefit XRP's value and could lead to fraud.

• Sentiment: -0.3
• U.Today @ 2024-08-30 06:34:00 EDT Read More

Summary: The XRP community accuses Ripple leaders of manipulating XRP holdings for personal gain, sparking frustration over the company's control of the asset. Ripple CTO David Schwartz defends against these claims, arguing against burning or gifting XRP due to ineffective results and fraud risks.

• Sentiment: -0.5
• The Cryptocurrency Post @ 2024-08-30 11:25:24 EDT Read More

Summary: Ripple CTO David Schwartz stated that giving away XRP is worse than selling it, as it could lead to selling pressure and negative price impact. This comes amid concerns from XRP holders and a recent drop in XRP's value to $0.55.

• Sentiment: -0.6
• FXStreet @ 2024-08-30 12:09:54 EDT Read More

Summary: Ripple’s new stablecoin, RLUSD, has completed beta testing and minted an initial batch of tokens. The company has burned these tokens, with fees paid in XRP. The stablecoin aims to enhance liquidity and institutional use cases but is not yet available for trading.

• Sentiment: 0.3
• The Cryptonomist @ 2024-08-30 03:00:07 EDT Read More

Summary: https://en.cryptonomist.ch/2024/08/30/ripple-rlusd-the-crypto-market-awaits-the-launch-of-the-new-stablecoin/

• Sentiment: 0.0
• Bitfinex Pulse @ 2024-08-30 05:00:07 EDT Read More

Summary: Ripple Labs is advancing its tokenization efforts, recently burning 185 RLUSD on the XRP Ledger as part of its stablecoin project. The firm’s participation in WebX 2024 and its partnership with Archax signal its push into tokenizing real-world assets.

• Sentiment: 0.6
• U.Today @ 2024-08-30 08:54:00 EDT Read More

Summary: Ripple has advanced its stablecoin efforts by burning 100 RLUSD tokens, a significant step in its testing. The RLUSD stablecoin is now in private beta testing on the XRP Ledger and Ethereum mainnet, pegged to the U.S. dollar and backed by reserve assets.

• Sentiment: 0.6
• U.Today @ 2024-08-30 11:30:00 EDT Read More

Summary: Ripple is set to launch its stablecoin, Ripple USD (RLUSD), pegged to the U.S. dollar, on the XRP Ledger and Ethereum networks. The coin aims to enhance liquidity and cross-border transactions, with an official launch anticipated later this year.

• Sentiment: 0.6
• CoinChapter @ 2024-08-30 15:14:21 EDT Read More

Summary: The key issue in the Ripple vs. SEC case is whether secondary sales of XRP should be classified as securities. Although Judge Torres didn't directly address this, her comparison to programmatic sales suggests secondary sales are not securities. The SEC is considering whether to appeal.

• Sentiment: 0.2
• Coinpedia @ 2024-08-30 01:26:05 EDT Read More

Summary: Pro-XRP lawyer Bill Morgan has criticized the SEC's approach to crypto regulation, citing multiple federal court rulings that challenge the SEC's stance that digital tokens like XRP are securities. Key cases include SEC vs. Ripple, Kraken, and Binance.

• Sentiment: 0.2
• Bitcoinist @ 2024-08-30 04:30:29 EDT Read More

Summary: Judge Torres’ ruling in the SEC vs. Ripple case highlights that XRP itself is not a security, challenging the SEC’s “embodiment theory” of crypto tokens. This ruling aligns with a growing judicial trend against the SEC's expansive approach to digital assets.

• Sentiment: 0.6
• Crypto News Flash @ 2024-08-30 08:00:34 EDT Read More

Summary: The SEC's ongoing case against Ripple has heightened the competition between XRP and ETH, with Ripple's legal battle impacting XRP's market position and regulatory status.

• Sentiment: -0.3
• CryptoNewsZ @ 2024-08-30 08:00:45 EDT Read More

Summary: XRP lawyers cast doubt on the SEC's chances of a successful appeal in the ongoing Ripple showdown. Get the full story at DailyCoin.

• Sentiment: 0.7
• DailyCoin @ 2024-08-30 15:00:08 EDT Read More

Summary: A consortium of 61 Japanese banks is developing a Ripple-based payment platform expected to integrate XRP by 2025, aiming to modernize Japan’s payment infrastructure with faster, cost-effective transactions and enhance both domestic and cross-border payments.

• Sentiment: 0.6
• Times Tabloid @ 2024-08-30 00:48:09 EDT Read More

Summary: XRP cannot be mined traditionally due to its use of the XRP Ledger Protocol Consensus Algorithm. Instead, XRP can be acquired through purchasing on exchanges, participating in community activities, or becoming an XRP validator, which requires setting up and maintaining a validator node.

• Sentiment: 0.1
• Blockzeit @ 2024-08-30 01:43:42 EDT Read More

Summary: Ripple’s technology and XRP are being considered by the BRICS nations to reduce reliance on the U.S. dollar and improve cross-border transactions. Ripple's partnerships with key financial institutions in these countries highlight XRP’s potential as a bridge currency in the BRICS financial system.

• Sentiment: 0.7
• Times Tabloid @ 2024-08-30 03:34:48 EDT Read More

Summary: A 2018 Ripple presentation reveals XRP's deflationary mechanism, where 0.00001 XRP is burned per transaction, reducing its supply. It also describes Ripple as operating like a central bank, with technologies tested secretly by major financial institutions.

• Sentiment: 0.6
• Times Tabloid @ 2024-08-30 03:11:38 EDT Read More

Summary: Russia's upcoming use of cryptocurrency for international transactions, starting September 1, may involve Ripple’s blockchain technology. A Russian document suggests Ripple’s system could be utilized, highlighting XRP's potential role in enhancing cross-border financial operations amid economic sanctions.

• Sentiment: 0.6
• Times Tabloid @ 2024-08-30 06:24:29 EDT Read More

Summary: XRP, a decentralized cryptocurrency created by Jed McCaleb, Arthur Britto, and David Schwartz, supports fast, low-cost transactions without a central authority. It is used to enhance liquidity in Ripple's network, making it effective for international transfers and potentially appealing for investors.

• Sentiment: 0.8
• Bitcoinist @ 2024-08-30 07:42:10 EDT Read More

Summary: Japanese banks adopting Ripple technology could boost XRP’s value to $0.64 by 2025, with recent market performance and reduced sell-offs indicating bullish trends. This new platform may increase demand for XRP, enhancing its market position.

• Sentiment: 0.7
• Watcher Guru @ 2024-08-30 07:30:00 EDT Read More

Summary: Ripple's XRP is central to blockchain's impact on cross-border payments, enabling instant settlement and reducing intermediary costs. RippleNet uses XRP as a bridge currency, facilitating faster and cheaper transactions compared to traditional banking methods.

• Sentiment: 0.8
• Impacts @ 2024-08-30 07:04:46 EDT Read More

Summary: Ripple's XRP may partner with the Federal Reserve to address U.S. financial issues, potentially enhancing payment efficiency and stability. The collaboration could leverage XRP's technology to modernize financial transactions and improve the overall system.

• Sentiment: 0.1
• CryptoNewsZ @ 2024-08-30 08:45:00 EDT Read More

Summary: XRP stands out as a decentralized cryptocurrency offering fast, low-cost, and secure transactions without a central authority, making it effective for international transfers and potentially valuable for investors interested in real-world blockchain applications.

• Sentiment: 0.6
• Crypto News Flash @ 2024-08-30 14:46:14 EDT Read More

Summary: Ripple (XRP) is expected to surge past $1 in the fourth quarter of 2024 following a favorable resolution in its regulatory case with the SEC. Despite recent price declines, it offers a promising entry point for significant gains.

• Sentiment: 0.8
• Bitcoinist @ 2024-08-30 14:00:38 EDT Read More

Summary: Japan will become a major hub for XRP adoption by 2025, with banks facilitating transactions using XRP and a reward scheme for users. SBI is leading this initiative, and XRP's price may remain steady around $0.570 amid regulatory uncertainties.

• Sentiment: 0.75
• Analytics Insight @ 2024-08-30 21:00:00 EDT Read More

Summary: Ripple price is at risk of a 10% decline if it falls below its 200-day EMA at $0.552, with a potential drop to $0.492. The RSI and Awesome Oscillator indicate bearish dominance and an impending decline.

• Sentiment: -0.7
• FXStreet @ 2024-08-29 23:30:42 EDT Read More

Summary: XRP is consolidating above the 50-week simple moving average but faces resistance at $0.630 and $0.660. A significant bullish move could occur if XRP breaks above these levels, with potential gains up to $0.850 or $0.90.

• Sentiment: 0.1
• CoinChapter @ 2024-08-30 02:53:25 EDT Read More

Summary: XRP's recent SEC victory has heightened market expectations, with hopes for the token surpassing $1. Crypto analyst Egrag Crypto predicts a surge to $27 if XRP breaks the $0.75 barrier, supported by Fibonacci metrics. Currently, XRP trades at $0.56.

• Sentiment: 0.3
• Watcher Guru @ 2024-08-30 02:30:00 EDT Read More

Summary: Ripple's XRP has experienced a significant price surge following a favorable court ruling in its ongoing legal battle with the U.S. Securities and Exchange...

• Sentiment: 0.0
• The Vocal News @ 2024-08-30 03:25:07 EDT Read More

Summary: Crypto analyst EGRAG CRYPTO predicts XRP could reach $27 if it replicates half of its 2017 price surge, based on Fibonacci Channel analysis. The forecast hinges on XRP breaking the $0.75 resistance level and maintaining bullish momentum.

• Sentiment: 0.7
• CaptainAltcoin @ 2024-08-30 03:15:00 EDT Read More

Summary: XRP community member “Financial Freedom” criticized the $1,000 price prediction for XRP, calling it unrealistic. He suggested $15 is a more attainable target, highlighting that current market conditions and previous failed predictions make such high forecasts improbable.

• Sentiment: -0.4
• The Crypto Basic @ 2024-08-30 04:09:11 EDT Read More

Summary: Ripple whales have recently accumulated over 50 million XRP tokens, valued at around $29.5 million. Despite the ongoing market downturn, XRP remains above critical moving averages, suggesting potential for future price growth if it maintains this position.

• Sentiment: 0.1
• The Portugal News @ 2024-08-30 04:02:11 EDT Read More

Summary: David “XRP Lion” challenges analysts to provide sound reasons for a potential XRP price rise, excluding common methods and opinions from notable influencers. He highlights that despite significant legal updates, XRP’s price has not shown sustained gains.

• Sentiment: 0.1
• The Crypto Basic @ 2024-08-30 05:22:10 EDT Read More

Summary: Ripple (XRP) has regained momentum following a favorable legal ruling, with predictions suggesting it could surpass $1.5 soon. Market conditions and rising demand for XRP are expected to drive its price upward in the coming weeks.

• Sentiment: 0.8
• Finbold @ 2024-08-30 05:00:00 EDT Read More

Summary: Ripple's price jumped over 10% in the past year, with predictions suggesting XRP could reach $0.64 by September 2024. Analysts highlight its strong technical indicators and bullish sentiment, forecasting further gains for Ripple.

• Sentiment: 0.7
• crypto.news @ 2024-08-30 05:00:00 EDT Read More

Summary: XRP fell to around $0.56 amid a broader crypto market decline, but analysts predict a potential rally. Tightened Bollinger Bands and a low RSI suggest that XRP might be poised for a significant price surge soon.

• Sentiment: 0.1
• CryptoPotato @ 2024-08-30 06:02:14 EDT Read More

Summary: Ripple (XRP) experienced a notable market event with a 200 million XRP transfer, sparking speculation about its impact on the coin's price, which recently declined. Experts are divided on XRP’s future, with predictions ranging from potential price increases to further declines.

• Sentiment: 0.35
• Times Tabloid @ 2024-08-30 07:00:56 EDT Read More

Summary: XRP has recently surged above $0.57, driven by increased buying activity and positive market sentiment. Traders have taken over $8 million in profits, and analysts predict a potential rally toward $0.64, supported by strong technical indicators and institutional interest.

• Sentiment: 0.8
• FXLeaders @ 2024-08-30 08:38:06 EDT Read More

Summary: A federal judge's partial verdict in the SEC v. Ripple lawsuit caused XRP to surge to $0.6579 per token but recent fears of an appeal led to a correction to $0.5866. Some investors target an ambitious $2,500 price for XRP.

• Sentiment: 0.2
• The Crypto Basic @ 2024-08-30 08:29:06 EDT Read More

Summary: Ripple (XRP) is projected to rise to around $0.80 in September 2024, driven by positive market sentiment and potential legal victories. Long-term, XRP's price could reach $2.50 by late 2025 due to expanding global partnerships and financial system integration.

• Sentiment: 0.7
• Crypto Reporter @ 2024-08-30 07:55:21 EDT Read More

Summary: Ripple's XRP remains weak, trading around $0.565 with a neutral intraday bias. Despite a recent 30% increase in active addresses, it remains below key moving averages. Immediate support is at $0.55; resistance is at $0.60, with potential targets up to $1.

• Sentiment: -0.2
• EconoTimes @ 2024-08-30 07:32:07 EDT Read More

Summary: Ripple's XRP token is struggling with a weak bullish trend, failing to break out of its resistance trendline and showing a downtrend in technical indicators. It may test a critical support level of $0.560, with uncertain prospects for reaching $2 in 2024.

• Sentiment: -0.7
• Coinpedia @ 2024-08-30 09:08:44 EDT Read More

Summary: Analyst EGRAG CRYPTO predicts XRP could surge to $27 if it achieves half of its 2017 growth, citing the Fibonacci Channel as a key indicator. XRP must close over $0.75 to unlock this potential, despite recent market concerns.

• Sentiment: 0.3
• Crypto News Flash @ 2024-08-30 08:58:20 EDT Read More

Summary: Ripple’s transfer of 200 million XRP, valued at approximately $118.96 million, to an unknown wallet has generated speculation that it might be related to a recent settlement with the U.S. SEC, potentially boosting XRP’s market status.

• Sentiment: 0.6
• crypto.news @ 2024-08-30 10:00:00 EDT Read More

Summary: XRP is predicted to experience a bullish trend starting from September, with an average monthly gain of 15.3%. The third quarter, historically strong for XRP, is expected to end with a 19% gain, suggesting potential further growth through the year.

• Sentiment: 0.7
• U.Today @ 2024-08-30 11:34:00 EDT Read More

Summary: XRP's recent decline in volatility may signal a potential breakout similar to past patterns observed in 2017. Analysts suggest that reduced volatility often precedes significant price movements, possibly setting the stage for future gains in XRP’s price.

• Sentiment: 0.6
• The Currency analytics @ 2024-08-30 11:20:08 EDT Read More

Summary: XRP has experienced an 11.11% price drop from $0.63 to $0.56, leading to a shift in the Market Value to Realized Value (MVRV) ratio into negative territory, increasing the risk of negative returns for holders. Social dominance and momentum indicators suggest potential further decline.

• Sentiment: -0.6
• BeInCrypto @ 2024-08-30 12:00:00 EDT Read More

Summary: XRP's price has been stagnant between $0.55 and $0.62 following its victory in the SEC case. Key upcoming date is October 7th, when the SEC’s deadline to appeal could significantly impact XRP’s future price movement, potentially leading to bullish growth.

• Sentiment: 0.1
• CaptainAltcoin @ 2024-08-30 16:45:00 EDT Read More

Summary: Ripple (XRP) investors are increasingly shifting focus to Mpeppe (MPEPE) due to ongoing legal challenges and uncertainty surrounding XRP. Mpeppe (MPEPE), with its blend of meme culture and DeFi features, presents a new investment opportunity priced at $0.001777.

• Sentiment: 0.6
• Bitcoinist @ 2024-08-30 16:16:41 EDT Read More

Summary: XRP has struggled to stay above $1 since late 2021 but remains popular for cross-border payments. Analysts predict XRP could reach $5.00 by 2029, with potential highs of $3.57 in 2028 and $5.18 in 2026, contingent on market conditions.

• Sentiment: 0.05
• Watcher Guru @ 2024-08-30 18:00:00 EDT Read More

Summary: Ripple’s XRP is experiencing a bullish trend, with analysts forecasting a potential price surge to $16. This optimism is fueled by the formation of the largest bull flag in crypto history, indicating strong support and a likely continuation of the uptrend.

• Sentiment: 0.8
• Blockchain News, Opinion, Jobs and Video @ 2024-08-30 21:02:09 EDT Read More