Summary: An classic pattern is developing on the XRP weekly chart, awaiting a breakout toward $1.

• Sentiment: 0.0
• Cointelegraph @ 2024-09-07 12:03:11 EDT Read More

Summary: Ripple's XRP has hit a new low due to a massive $330 million liquidation by holders, exacerbated by ongoing legal challenges with the SEC. This downturn has driven investors to seek alternatives like the emerging meme coin Mpeppe (MPEPE).

• Sentiment: 0.2
• Bitcoinist @ 2024-09-07 11:46:11 EDT Read More

Summary: Ripple (XRP) faces ongoing uncertainty due to a potential appeal in its legal battle with the SEC, leading investors to explore alternatives like Mpeppe (MPEPE), a meme coin gaining traction in its presale. XRP's price struggles amid these legal issues.

• Sentiment: -0.4
• Bitcoinist @ 2024-09-07 11:43:19 EDT Read More

Summary: Ripple (XRP) has seen its price increase following favorable court rulings in its ongoing SEC lawsuit. The resolution of this legal battle may boost Ripple's adoption and value, but its potential for massive returns remains uncertain and speculative.

• Sentiment: 0.1
• The Motley Fool @ 2024-09-07 11:17:07 EDT Read More

Summary: Ripple (XRP) saw a price increase following favorable court rulings in its SEC lawsuit, but it remains below its all-time high. Ripple's future potential is linked to increased adoption by banks, which could drive up its price despite ongoing regulatory challenges.

• Sentiment: 0.1
• AOL @ 2024-09-07 11:17:00 EDT Read More

Summary: Ripple (XRP) has seen price increases following recent favorable court rulings, signaling potential recovery as its long-standing lawsuit with the SEC nears resolution. However, XRP's price remains significantly below its all-time high, raising questions about long-term investment potential.

• Sentiment: 0.2
• sharewise @ 2024-09-07 14:38:08 EDT Read More

Summary: Versan Aljarrah highlights XRP’s potential to disrupt traditional banking by offering faster, cheaper cross-border payments. Ripple's technology, now adopted by global banks, positions XRP as a promising candidate for becoming a major global currency and transforming financial systems.

• Sentiment: 0.7
• Crypto News Flash @ 2024-09-07 10:34:09 EDT Read More

Summary: Crypto analyst Levi Rietveld criticized Raoul Pal for spreading misinformation about XRP, arguing it hinders the coin's adoption and its $100 price target. Rietveld emphasized XRP's legal victories and recent performance, asserting its superiority over other cryptocurrencies.

• Sentiment: 0.1
• ZyCrypto @ 2024-09-07 11:49:55 EDT Read More

Summary: Ripple’s CEO Brad Garlinghouse emphasized the company’s strategic expansion into stablecoins with the upcoming launch of RLUSD, while also noting ongoing regulatory challenges in the U.S., particularly with the SEC, which impact XRP’s broader market environment.

• Sentiment: 0.2
• Coinpedia @ 2024-09-07 08:43:28 EDT Read More

Summary: Ripple is shifting its focus to Japan for the launch of its RLUSD stablecoin due to regulatory delays in the US. The stablecoin, designed to operate on the XRP ledger, faces challenges in the US but could benefit from Japan's favorable regulatory environment.

• Sentiment: -0.2
• The Coin Republic @ 2024-09-07 10:41:07 EDT Read More

Summary: Ripple CEO Brad Garlinghouse announced the upcoming launch of Ripple’s RLUSD stablecoin, pegged to the US dollar, despite ongoing regulatory challenges in the US. Ripple’s cross-border payment use of XRP continues to gain global traction amid these hurdles.

• Sentiment: 0.1
• coingabbar @ 2024-09-07 09:18:16 EDT Read More

Summary: Futureverse will use XRP as the native gas fee token for its Otto blockchain and leverage the XRPL decentralized exchange for liquidity. This integration highlights Ripple's role in Futureverse’s blockchain and DeFi services, emphasizing XRP's critical utility in the ecosystem.

• Sentiment: 0.7
• Times Tabloid @ 2024-09-07 08:35:20 EDT Read More

Summary: The XRPL Automated Market Maker (AMM) has seen significant growth, with the total pooled XRP reaching 13 million. This increase reflects growing confidence and interest in XRP, enhancing its liquidity and market efficiency, and signaling positive momentum for its ecosystem.

• Sentiment: 0.8
• Times Tabloid @ 2024-09-07 05:08:25 EDT Read More

Summary: Ripple (XRP) has faced a significant price drop after a whale sold 29.1 million XRP tokens, causing investor concerns about further declines below the $0.50 support level.

• Sentiment: 0.2
• Crypto News Flash @ 2024-09-07 15:36:26 EDT Read More

Summary: Susan Athey and Robert Mitchnick’s valuation model suggests XRP’s fair market value could reach $4,813 by 2030, based on its use in cross-border payments and as a store of value, despite current price suppression and historical underperformance.

• Sentiment: 0.2
• The Crypto Basic @ 2024-09-07 04:47:07 EDT Read More

Summary: YouTuber Cheeky Crypto predicts a significant breakout for XRP, suggesting that by 2030, it could reach between $495 and $722. His analysis, based on Elliott Wave Theory and technical indicators, anticipates a major upward movement after the current consolidation phase.

• Sentiment: 0.8
• CaptainAltcoin @ 2024-09-07 10:15:10 EDT Read More

Summary: Ripple’s potential surge to $1 for XRP could be driven by a resolution in its lawsuit with the SEC, including paying a $125 million penalty. This move might ease regulatory concerns, boost market sentiment, and attract new investors.

• Sentiment: 0.3
• CryptoPotato @ 2024-09-07 10:48:51 EDT Read More

Summary: Moonshilla predicts XRP could surge to $100, a rise requiring an 18,201% increase from its current price. Achieving this would need favorable market conditions and Bitcoin's value to hit around $350,000, alongside overcoming regulatory and market challenges.

• Sentiment: 0.5
• The Currency analytics @ 2024-09-07 19:00:46 EDT Read More

Summary: Ripple (XRP) is facing uncertainty with its ongoing SEC legal battle and a recent request for settlement amendments, which has affected investor sentiment. Despite this, XRP could potentially surge if it overcomes current resistance levels and resolves legal issues favorably.

• Sentiment: 0.3
• ADVFN @ 2024-09-07 10:20:08 EDT Read More

Summary: Ripple’s chairman, Chris Larsen, endorsed Kamala Harris for U.S. president, sparking mixed reactions in the crypto community due to Harris's administration's regulatory challenges for XRP. This endorsement, amidst ongoing legal battles and regulatory issues, has fueled criticism.

• Sentiment: -0.6
• The Crypto Basic @ 2024-09-07 03:22:07 EDT Read More

Summary: Ripple’s endorsement of Kamala Harris has stirred controversy, especially amid XRP’s significant decline in value. XRP/BTC is down 50% this year, reflecting XRP’s poor performance compared to Bitcoin, which has surged 110% over the same period.

• Sentiment: -0.3
• panasiabiz.com @ 2024-09-07 09:16:15 EDT Read More

Summary: Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president.

• Sentiment: 0.0
• Bitcoin.com News @ 2024-09-07 17:20:08 EDT Read More

Summary: Ripple's consolidation is setting up for a potential bullish trend in October, despite ongoing legal controversies. Analysts anticipate positive movement following Ripple Labs' planned launch of its stablecoin, RLUSD, amid a current price of $0.55.

• Sentiment: -0.4
• Times Tabloid @ 2024-09-07 02:30:40 EDT Read More

Summary: Ripple (XRP), currently at $0.5424, is anticipated to gain momentum from Bitcoin’s potential recovery. Innovations like Ripple’s RLUSD stablecoin and smart contracts could further boost XRP’s price, making it a noteworthy asset in the upcoming market rally.

• Sentiment: 0.7
• Live Bitcoin News @ 2024-09-07 10:00:57 EDT Read More

Summary: XRP remains above the critical $0.50 support level despite recent drops and market uncertainty. This stability has generated optimism among investors, with some analysts forecasting significant potential price increases if XRP maintains this support and recovers momentum.

• Sentiment: 0.6
• Bitcoinist @ 2024-09-07 14:00:35 EDT Read More

Summary: Ripple's XRP faces a tough test amid Bitcoin's crash. Can it withstand the pressure or will it succumb to market turmoil? Find out at DailyCoin.

• Sentiment: 0.0
• DailyCoin @ 2024-09-07 15:00:08 EDT Read More

Summary: XRP has faced recent volatility, struggling to hold support at $0.54 after peaking at $0.65 in August 2024. Despite bearish trends, institutional interest persists due to Ripple's long-term utility and potential regulatory clarity, with traders monitoring potential price rebounds.

• Sentiment: 0.05
• ADVFN @ 2024-09-07 12:20:08 EDT Read More

Summary: An unknown wallet moved 95,000,000 XRP, worth nearly $50 million, to Binance, sparking attention in the XRP community. The transaction, noted by Whale Alert, may indicate an internal Binance transfer or an external entity using Binance.

• Sentiment: 0.1
• The Crypto Basic @ 2024-09-07 02:20:06 EDT Read More

Summary: Whale Alert tracked significant XRP movements, with 200 million XRP transferred, including 95 million to Binance. Ripple itself moved 100 million XRP internally. These large transactions highlight increased whale activity and market shifts impacting XRP's price.

• Sentiment: 0.1
• U.Today @ 2024-09-07 06:25:00 EDT Read More

Summary: XRP experienced a major whale transfer of 95 million XRP, worth about $50 million, to Binance amid SEC tensions, contributing to XRP’s price drop to $0.5276. This significant movement underscores continued whale activity and market instability.

• Sentiment: -0.4
• EconoTimes @ 2024-09-07 10:24:07 EDT Read More

Summary: XRP experienced a significant transfer of 95 million XRP, valued at nearly $50 million, to Binance amid SEC tensions. This transaction highlights ongoing whale activity and potential market impact, as XRP's price fell to $0.5276.

• Sentiment: -0.4
• EconoTimes @ 2024-09-07 10:24:07 EDT Read More

Summary: On September 6, XRP fell to $0.50, influenced by a broader market decline and the US Jobs Report, which decreased expectations for a significant Fed rate cut. Uncertainty over a potential SEC appeal in the Ripple case also weighed on XRP.

• Sentiment: -0.7
• FXEmpire @ 2024-09-07 01:30:06 EDT Read More

Summary: XRP experienced its largest long liquidation figure of $3.58 million amid a broader crypto market collapse. The price dropped to $0.5026 before recovering slightly. Despite this, XRP's trading volume surged as the market began to rebound.

• Sentiment: -0.4
• The Crypto Basic @ 2024-09-07 02:51:06 EDT Read More

Summary: XRP fell 1.89% to $0.5269, influenced by the US Jobs Report which reduced expectations of a Federal Reserve rate cut. Ripple remains bearish below the $0.54490 pivot point; failure to breach this level may lead to further declines.

• Sentiment: -0.6
• FXLeaders @ 2024-09-07 07:56:07 EDT Read More

Summary: XRP has been declining, losing over 4% since September 4, trading between $0.53 and $0.54. Ripple Labs requested a delay on a $125 million SEC judgment, while smart contracts are soon to be added to the XRP Ledger, aiming to attract developers.

• Sentiment: -0.6
• U.Today @ 2024-09-07 11:35:00 EDT Read More

Summary: Jeremy Hogan, an attorney supporting XRP, speculates that the SEC has not yet decided whether to appeal the recent XRP lawsuit ruling. He suggests the appeal process could be delayed, potentially extending the case into late summer next year.

• Sentiment: 0.1
• Times Tabloid @ 2024-09-07 02:08:01 EDT Read More

Summary: Ripple's motion to stay the $125 million penalty from Judge Torres' ruling was accepted by the SEC. This stay, effective for 30 days post-appeal period or until appeal resolution, delays Ripple's payment and leaves uncertainty about a potential SEC appeal.

• Sentiment: 0.2
• Blockzeit @ 2024-09-06 23:42:16 EDT Read More

Summary: On September 4, Ripple sought a stay of the $125 million penalty from the August 7 judgment, sparking speculation about a potential SEC appeal. This legal maneuver impacted XRP, which fell 4.44% to $0.5234 in the week ending September 7.

• Sentiment: -0.54
• FXEmpire @ 2024-09-07 02:24:06 EDT Read More

Summary: Ripple Labs has requested a delay in paying a $125 million fine and is considering an appeal. Despite ongoing legal battles with the SEC, the impact on XRP’s performance is expected to be minimal, with reduced regulatory pressure and favorable market conditions supporting its resilience.

• Sentiment: 0.5
• The Currency analytics @ 2024-09-07 12:56:43 EDT Read More

Summary: Ripple Labs has requested a stay on a $125 million payment to the SEC, proposing to deposit 111% of the amount into a special account during the appeal period. This move hints at a potential appeal, with implications for XRP's future.

• Sentiment: 0.1
• The Currency analytics @ 2024-09-07 16:12:37 EDT Read More

Summary: Ripple has requested a pause on the $125 million settlement payment to the SEC, with the SEC's consent. The stay will last until 30 days after the appeal period or the resolution of any appeal, with the SEC having until October 7 to decide on an appeal.

• Sentiment: 0.1
• ZyCrypto @ 2024-09-07 15:56:54 EDT Read More

Summary: Ripple’s legal battle with the SEC continues as the Commission considers appealing Judge Torres’ August 7 ruling, which found XRP not to be a security. Ripple has requested a stay on the $125 million fine until any potential appeal is resolved.

• Sentiment: 0.1
• Bitcoinist @ 2024-09-07 20:00:48 EDT Read More