XRP Price Makes Dramatic U-Turn, In Contrast to Key Metrics

The digital currency ecosystem is experiencing mixed signals on the market today, with some altcoins generally decoupling from the downward trends across the board. XRP is one of the altcoins with an imbalance in key on-chain metrics and current price outlook.

Timeline of Xrp

A recent increase in XRP whale transactions has led to heightened interest and speculation within the cryptocurrency's community as to what these large token holders are doing after the price of the cryptocurrency moved up over 75% this year.

Ripple's chief legal counsel is calling out what he says are childish antics from the U.S. Securities and Exchange Commission (SEC) as regulators continue to target crypto assets.

Binance, one of the world's largest cryptocurrency exchanges, and its CEO have agreed to a $4 billion resolution with the US Department of Justice (DoJ). The settlement, linked to anti-money laundering charges, has sent ripples through the crypto market, affecting various digital currencies.

The crypto rumor mills have been abuzz lately with talk of JPMorgan, a US megabank, secretly buying XRP tokens. This rumor has gained ground and in the course of its spread, has garnered the attention of the crypto community as they dissect it.

In a recent legal development, the United States Securities and Exchange Commission (SEC) has filed a lawsuit against the cryptocurrency exchange Kraken. The SEC accuses Kraken of operating without the necessary securities registrations, reflecting the agency's ongoing scrutiny of the crypto sector.

American blockchain payments company Ripple Labs Inc. has been named among the top spenders in crypto lobbying efforts in the United States. Ripple Labs Doubles Down on Lobbying Efforts Lobbying is considered a major part of the corporate finance ecosystem in Washington DC as entrepreneurs explore avenues to get lawmakers to support policies that can

In a noteworthy development within the banking and cryptocurrency domains, 19 major banks spanning North America, Europe, and other global regions have revealed significant investments in diverse crypto assets. As per the latest report from the Basel Committee on Banking Supervision (BCBS), these banks have collectively disclosed crypto asset exposures amounting to €9.4 billion, equivalent to approximately $10.27 billion.

In a recent episode of Ripple's YouTube series “Crypto in One Minute,” James Wallis, VP of Central Bank Engagements, shared his expertise on how Central Bank Digital Currencies (CBDCs) could be instrumental in fostering financial inclusion across the globe.

A closely followed crypto strategist says that XRP looks primed for a rally as it flashes a couple of bullish signals. Analyst Ali Martinez says on the social media platform X that the Tom DeMark (TD) Sequential indicator is giving off a bullish reading for XRP.

In a recent development surrounding the cryptocurrency market, attorney John Deaton, known for his expertise in crypto law, has offered advice to XRP investors following a deceptive report about a BlackRock XRP ETF.