XRP Enters Consolidation Mode as Price Prepares for Epic Move

The crypto ecosystem is in a general consolidation mode with XRP riding the wave in a personalized manner. The price of the digital currency has stayed relatively flat over the past 24 hours, gaining 0.70% to $0.5078.

Timeline of Xrp

In a recent update shared on the X platform, Ripple emphasizes the crucial link between innovation and regulatory clarity, particularly in the context of decentralized finance (DeFi). The collaborative effort, including a public-private roundtable co-hosted by Ripple and TRM Labs, delves into the need for new regulatory frameworks and compliance-first approaches to fuel the anticipated

In a significant development within the cryptocurrency space, Binance, one of the world's leading crypto exchanges, has taken a strategic step to assist Ripple in recovering stolen funds.

CEO Richard Teng lauded the swift response of the XRP Ledger Foundation to a recent security breach involving Ripple Labs Co-Founder Chris Larsen's personal wallets. Furthermore, Teng shed light on the community's effort in handling the case, highlighting Zach XBT's role in flagging the incident to exchanges.

RippleX, the development wing of Ripple Labs, has recently addressed a critical technical issue identified in the XRP Ledger's Automated Market Maker (AMM). The problem emerged during extensive integration testing, aimed at ensuring the AMM's long-term functionality.

XRP, one of the most prominent cryptocurrencies by global market cap, birthed a hurricane of speculative buzz across the broader crypto market on Thursday following two noteworthy escrow locks and two significant whale transactions noted by the Ripple-backed token. On-chain data highlighted by the blockchain tracker Whale Alert suggests a staggering 867.

Ripple, a cryptocurrency payments network, is diving into the crypto custody sector, aiming to effectively take advantage of a multi-trillion dollar market. This move is significant as it could potentially trigger renewed bullish momentum for the XRP price.

In a recent interaction on the X social media platform, Ripple's Chief Technology Officer, David Schwartz, voiced his concerns over the idea of restricting access to open-source artificial intelligence products. His comments were in response to an article published by IEEE Spectrum, where he highlighted the potential dangers of elite control in the realm of

In a recent announcement, Evernode (EVR), a global, permissionless “layer 2” smart contract platform, celebrated its first Centralized Exchange (CEX) listing on Bitrue. The long-awaited launch of Evernode on the XRP Ledger as a Layer 2 has garnered immense attention, with enthusiasts eagerly anticipating the implications of this development.

A transaction involving a whopping 25.6 billion XRP (valued at nearly $15 billion), nearly half of the total circulating supply of approximately 54.26 billion, raised alarm within the crypto sector in the late evening of January 14. The transfer was reported to have originated from an unknown wallet to the cryptocurrency exchange Bitfinex.

Ripple (XRP) has remained unmoved after a recent attempt to transfer XRP tokens worth $15 billion to Bitfinex was thwarted. If successful, the transfer would most likely have affected XRP price significantly seeing the amount being moved was a meaningful percentage of the overall XRP circulating supply.