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Holding More Than 2,600 XRP is Important, Here is Why
As of January 2025, the XRP community is experiencing notable changes in holder demographics and wallet rankings. In a recent post on X, crypto expert, Edo Farina, highlighted how holding more than 2,600 XRP now places investors in the top 10% of all XRP wallets. This threshold has decreased from 3,300 XRP in June 2024, reflecting shifts in ownership patterns as XRP's price continues to rise. The reduction in the required amount to join the top 10% correlates with the XRP price surge from $0.50 to $2.40. As prices increase, fewer XRP units are needed to achieve top wallet status. However, this trend also indicates that the number of dedicated holders is decreasing. Estimates suggest that by the time XRP reaches $100, only a few thousand committed holders will remain, many of whom practice self-custody. The Significance of Rising Prices on Wallet Rankings Farina also noted that the rapidly growing price puts pressure on new waves of investors who can no longer buy large amounts of XRP. To be among the top 1% of holders, it now requires 58,399 XRP, highlighting the importance of early investment and a long holding period as critical factors. Despite being a sizable portion of the equity market, casual investors are notorious for panicking during an upturn, dumping their stakes in anticipation of a correction that may never happen, potentially locking themselves out of the market forever. The Importance of Self-Custody Self-custody is a significant strategy for committed traders; globally, the industry approximates that only 20 million out of the 500 million users exercise self-custody. Within the XRP community, approximately 500,000 holders manage their wallets. Investors who store their XRPs on different exchange platforms are always at the mercy of events that may occur in the market or harm their assets. By maintaining control over their XRP through self-custody, investors ensure they are not at the mercy of third-party platforms. This practice becomes increasingly important as the number of holders dwindles, and the value of XRP rises. Holding more than 2,600 XRP and managing it securely positions investors to benefit from long-term market trends. Conclusion Holding over 2,600 XRP places investors in an elite group and prepares them for future market developments. As XRP's price climbs, securing a top wallet position becomes more difficult. Embracing self-custody and understanding the dynamics of XRP ownership are essential steps for those looking to maintain their standing in the evolving cryptocurrency landscape. This post first appeared on 36crypto.com News. #Xrp๐ฅ๐ฅ #Ripple๐ฐ #USJoblessClaimsDrop
Ripple (XRP) Lawsuit: Former SEC Lawyer Gives Update
Former SEC lawyer confirms Ripple has not dropped its appeal.Legal dismissal process still pending internal SEC approval and filings.Judge Torres no longer involved as case nears final stage. The XRP community remains on high alert as the legal proceedings between Ripple and the U.S. Securities and Exchange Commission edge toward resolution. Latest comments from former SEC regional director Marc Fagel have shed light on the legal process still underway, offering key updates amid growing public pressure for clarity. Fagel posted these remarks in response to a message posted by X user @Want_Pride_Back, who had asked about when Ripple withdrew its countersuit against the SEC, and why Paul Atkins had failed to seek a dismissal of the entire case. The questions were directed at Ripple CEO Brad Garlinghouse, but Fagel came in to clarify the situation in terms of law. Also Read: Hereโs Why XRP is Up Today, Surging Over 5% Fagel clarified that Ripple has not yet dropped its cross-appeal. He also pointed out that a series of legal procedures has to be taken by the SEC before it can move on with retracting the cross-appeal. This process includes a formal review and vote, which may take months to complete. Fagel pointed out that there is no delay game in play, with the timeline being just a routine regulatory process. With such an internal settlement, both Ripple and the SEC will be capable of filing the papers of dismissal in court. https://twitter.com/Marc_Fagel/status/1952021865058500788 Clarification on Rippleโs Legal Standing and Judgeโs Role In the same thread, Fagel confirmed that Judge Analisa Torres, whoย presided over major rulings in the case, no longer plays an active role. The procedural stage being pursued does not involve her, meaning that the case is going into the last administrative actions. Fagel's update has helped clarify misconceptions that the delay was strategic or politically motivated. His comments were directed at disagreeing with the criticism generated by the community that the process was being deliberately stretched in order to have an impact on external forces. It is important to note that Ripple's fine of $125 million is already being held in escrow, awaiting formal approval before release. As the legal resolution approaches, updates from former SEC lawyer Marc Fagel have provided insight into the steps still required. Both Ripple and the SEC must complete the necessary court filings before the case can be officially closed. Also Read: XRP Labeled as Smartest $500 Crypto Investment Now โ Hereโs Why The post "Ripple (XRP) Lawsuit: Former SEC Lawyer Gives Update" first appeared on 36crypto.com. #Ripple๐ฐ #RippleVsSEC #BinanceHODLerTOWNS
Top firms revise Solana ETF filings amid shifting SEC stance.Grayscale reveals 2.5% fee payable in Solana token.SEC signals most crypto assets may not be securities. Several top asset managers have revised their filings for spot Solana exchange-traded funds as regulatory attitudes toward crypto appear to be changing. The amendments were filed on Thursday, indicating more interaction between firms and the U.S. Securities and Exchange Commission. Franklin Templeton, Bitwise, Fidelity, Canary Capital, CoinShares, Grayscale, and VanEck amended their S-1 registration statements. The update by Grayscale revealed a fee of 2.5 percent, which its proposed Solana fund will charge and will be paid in SOL. President of NovaDius Wealth, Nate Geraci, said that the new filings show the SEC and issuers tightening up the fund documentation. In an update on X, he indicated that the updates were not so much different as a continuation of the coordination efforts with the agency. Also Read: Bitcoin, Ethereum, XRP Tumble as These Altcoins Skyrocket Over 60% Today Geraci added that the dialogue suggests progress in aligning prospectus language with SEC expectations. Such interaction shows a possible direction toward a regulatory environment that is moving towards the favorable end of digital asset products. SEC Actions Indicate Softer Stance on Crypto ETFs The SEC is currently reviewing proposals for a range of crypto-related ETFs, including those tracking Solana, XRP, and DOGE. A noticeable change in posture has emerged under the Trump administration, suggesting potential openness to broader approval. The agency had earlier in the week assented to in-kind redemption on Bitcoin and Ethereum spot ETFs. It also extended the scope of option limits to Bitcoin funds and relaxed the restrictions on fund operation. Adding to this pattern, SEC Chair Paul Atkins announced on Thursday the initiation of what he has named Project Crypto. The project aims to update the outdated regulations in the crypto world and explain asset classification. Notably, SEC chair Atkins, a firm that provides advice on financial matters, stated that the vast majority of crypto assets are not securities. This U-turn is contrary to earlier SEC positions and has the potential to change the way new crypto ETF applications are evaluated. Further filings and SEC actions suggest optimism about spot Solana ETFs moving forward. Issuers are readying themselves for regulators' friendlier attitude to crypto fund launches. As top firms update their Solana ETF filings, the SEC's evolving stance on crypto signals potential for upcoming approvals. The regulatory shift may soon open the door for spot SOL ETFs in the U.S. market. Also Read: XRP Bulls Eye $3.60 as Key Reversal Pattern Sparks Breakout Momentum #solana #TrumpTariffs The article "Solana ETF Filings Updated as SEC Signals Shift Toward Crypto Approval" first appeared on 36crypto.com.
Altcoins Explode as Bitcoin Stalls Below $120,000โTraders Shift Focus Fast
Altcoins surge as Bitcoin struggles to break $120,000 resistance level.Ethereum trading volume surpasses Bitcoin for first time since 2022.New crypto law signed by Trump boosts investor market confidence. Bitcoin continues to face intense resistance below the $120,000 mark, creating growing uncertainty among investors. Despite several attempts to break higher, the asset remains confined between $115,600 and $119,500, with no clear momentum in sight. According to analyst Michaรซl van de Poppe, the repeated failure to move past $119,500 indicates hesitation in the market. Breaking up of this level will possibly create grounds for a bullish momentum, but price action currently will indicate declining confidence. The crucial support level is at $115,600, and its breach will allow Bitcoin to descend further to the range of $110,000 to $112,000. Liquidity is highly dependent on this range, and therefore, it is probable that volume accumulation or sudden volatility will occur at this range, thus impacting the rest of the market.
Source: Michaรซl van de Poppe Also Read: Ripple and BlackRock Connected? Interesting Details Surface Online With Bitcoin's troubles, altcoins are increasingly popular. As Ether Wizz reports, open interest in key altcoins like ETH and XRP has jumped to $45 billion since the beginning of July. This is an all-time high and is indicative of the growing leverage and trading on altcoins. The number of trades made in perpetual Bitcoin has been surpassed by Ethereum for the first time since 2022. This shift also indicates increasing interest in altcoins on the market, particularly in growing areas such as artificial intelligence tokens, meme coins, and decentralized finance. Cost basis statistics show that the Ethereum owners are holding firm above $2,400, which shows that they believe in the asset's long-term value. That should be seen as confidence but also as exposure to greater pullbacks in the event that the market turns. Altcoins Seize Momentum as Bitcoin Dominance Fades CryptoRank data confirms Bitcoinโs dominance is weakening despite its stable price action. The trend became more visible in the second half of July, as traders directed capital toward alternative assets showing higher gains. One key driving force in this transition is the new crypto bill signed by President Donald Trump. The legislation opens the door to new rules on digital assets and stimulates institutional participation and exuberance in the market.
Source: CryptoRank Bitcoin is trapped in a narrow range, and altcoins have assumed the lead, with market participants focusing primarily on them. Their brisk 'profiting-up' and increasing scale now render them the mainspring of short-term profiteers in momentum. While Bitcoin remains locked below $120,000, altcoins are capturing trader interest through explosive performance. The change in focus is fast-moving through the crypto market due to the increased leverage, increasing volume, and legal clarity. Also Read: 75,000,000 XRP on Upbit Triggers Concern โ Hereโs Whatโs Happening #CryptoScamSurge #Altcoin #BTCvsETH
Ripple and BlackRock Connected? Interesting Details Surface Online
Leaked thread links Ripple and BlackRock through tokenized treasury assets.XRP Ledger may power digital identity and asset tokenization systems.Claims suggest coordinated strategy, but no official confirmation exists yet. A viral social media thread posted by crypto researcher Chain Mind (@0xChainMind) on July 23 has sparked widespread speculation about a possible behind-the-scenes alliance between financial heavyweight BlackRock and blockchain company Ripple. The reports, which involve alleged leaked documents and observations, indicate that both companies might be moving towards a common infrastructure using different faces to the masses. According to Chain Mind, Ripple and BlackRock seem interconnected as they are involved with tokenizing real-life resources. Through Ripple's partnership with Ondo Finance, U.S. Treasuries were issued at $XRP Ledger under the ticker OUSG. Its tokenized treasuries are said to act as wrappers around money market funds that comprise products like the BlackRock USD Treasury fund. Ripple contributes the blockchain rails, and BlackRock provides the liquidity. Personnel history is another connecting avenue in the post, as Nathan Allman, the co-founder of Ondo Finance, previously worked at Goldman Sachs. Many of BlackRock's leading officials share the same background, including Gary Gensler, the former U.S. SEC Chair. Also Read: 75,000,000 XRP on Upbit Triggers Concern โ Hereโs Whatโs Happening Gensler, who previously led the regulatory battle against Ripple, is now part of a network of overlapping affiliations that some observers view as more than a coincidence. The lawsuit between Ripple and the U.S. Securities and Exchange Commission (SEC) ended in an important way. One court ruling decided that XRP, the native token of Ripple, was not a security when sold on secondary exchanges. Hence, Ripple got a rare regulatory clarity that many other cryptocurrency companies have yet to receive. ๐จ BREAKING: BlackRock and Ripple are one company?Theyโve been building one system under different namesI found leaked documents and the info I found was shockingHere are the unknown truth that these companies hides from you๐งต๐๐ป pic.twitter.com/2qbZXZel2mโ ๐๐๐๐๐ก ๐ ๐๐ก๐ โ๐ง (@0xChainMind) July 22, 2025
Shared Infrastructure or Coordinated Signals? Further claims in the thread explore deeper alignments between the two firms. The $XDNA token reportedly launched on the same day President Donald Trump signed a key legislative bill. That same day, multiple Bitcoin wallets that had not been in use since 2011 were reactivated. The $XDNA ticker also matches the one used for BlackRock's existing DNA ETF, which has led to theories of a strategic signal. The XRP Ledgerโs technical evolution adds to the intrigue. With built-in support for decentralized identities, data credentials, and sovereign data storage, XRPL may be positioned to serve future financial infrastructure demands. These developments reflect Rippleโs shift toward identity-centered systems, which CEO Brad Garlinghouse described as tools to return control of personal data to individuals. AI Systems and Standards Converging Another aspect of the discussion involves BlackRockโs proprietary AI system, Aladdin, which manages over $20 trillion in assets. Unverified allegations indicated that Aladdin had been trying out RippleNet and XRP ledger capabilities in the form of cross-border payment systems. As #Ripple and Fedwire's infrastructures have become compliant with the ISO 20022 global messaging format, interoperability between them has become a potential area of interest. Chief executive Larry Fink of #BlackRock has previously referred to tokenization as the next significant step in financial markets. According to observers, Ripple's infrastructure can then fit with this long-term vision, especially when digital identities and tokenized assets intertwine at the global level. Fact Check: No Official Confirmation Despite the speculation and growing online discussions, Ripple or BlackRock has not released an official statement confirming any partnership or coordinated system development. The details shared in the thread remain unverified and should be approached with caution. At present, there is no concrete evidence to support the claim that the two companies are operating as one or jointly executing a unified strategy. Also Read: Fool Analyst Highlights Whatโs Next For XRP โ Not What You Expect The article "Ripple and BlackRock Connected? Interesting Details Surface Online" was first published on 36crypto.com
#Crypto Market Update: "Bloody Monday" effects die down as the entire crypto market shows signs of recovery. Top cryptocurrencies lead the market in the ongoing rebound.ย $XRP ย $DOGE and $SOL records the highest gains among the top 10 cryptocurrencies.
Do you think this rally will last till the end of the day? Share your thoughts in the comment section. ๐
What The Coin is Going On? $1 Billion XRP Shakes Marketย inย Oneย Hour
The attention of the XRP community was drawn to a sudden transfer initiated by Ripple, moving coins worth over $1 billion within a very short time. Following the transfer, community members began speculating about the reason for the shift and its potential impact on the XRP market. Meanwhile, XRP posted the most gains among the top ten cryptocurrencies after it surged by an impressive 12% in the last 24 hours. Ripple's transfer coincided with the price surge, further fueling conjecture about the coin's future trajectory. Ripple Shifts 390 Million XRP to Unknown Wallet Earlier today, Whale Alert, a large crypto transaction tracking platform, first reported the development on X (formerly Twitter). According to its report, the California-based blockchain company moved 390 million XRP in two separate transactions. The first transfer carried 300 million XRP, currently valued at approximately $815.9 million, from Ripple's wallet to another wallet labeled as 'unknown' by the tracking service. However, upon further check, it was revealed that the destination address is not new to the market, in fact, it has been active since 2013. Nevertheless, it is still unsure if the wallet is owned by Ripple. In less than an hour, Ripple initiated another transfer, this time, shifting 90 million XRP coins to another anonymous wallet. The total value of the second transfer with XRP's current price is $243.8 million. Similar to the first, the receiving wallet has been used to receive XRP for the last two years, however, it is still unknown if the so-called 'unknown' wallet is connected to Ripple. When sudden large transfers like these happen, it creates a wave of panic among investors which could either lead to greed (excessive accumulation) or fear (massive sell-off). If the first scenario happens, it could trigger a surge in the price of the associated token. However, the second scenario could increase selling pressure thereby forcing a decline in the price of the asset. The entire XRP community will continue to observe how the market will react in the coming days. Whale Dumps 40.8 Million XRP While the market is still processing Ripple's XRP transfer, another unknown whale dumped a massive amount of XRP. According to the same tracking platform, the entity disposed of exactly 40,832,614 XRP, valued at over $105 million. Interestingly, the whale moved the coins to the Coincheck, one of Asia's largest cryptocurrency exchanges. In 2017, Coincheck processed the largest volume of Bitcoin trading in Japan. Transfers of this volume to centralized crypto exchanges often signify a sell-off because of the ease of converting cryptocurrencies to fiat or stablecoins on such platforms. At the time of writing, XRP traded at $2.71, indicating an 11.86% increase in the last 24 hours. It is worth mentioning that XRP has now reclaimed its position as the third-largest cryptocurrency behind only Bitcoin (BTC), and Ethereum (ETH) with a live market cap of $157.4 billion. This post first appeared on 36crypto.com News #Xrp๐ฅ๐ฅ #Ripple๐ฐ #BNBRiseContinues
XRP has been on an impressive trajectory since the beginning of the year. After closing 2024 on a high note, the momentum continued this year as the Ripple-backed coin traded close to its all-time high of $3.4 on January 16. However, the crypto market exhibited high volatility two days ago following the launch of DeepSeek, a Chinese AI model. Massive liquidation of over $850 million was recorded within a short time. Bitcoin, the flagship cryptocurrency, dropped below $100k, and XRP crashed, trading as low as $2.6. However, the market has since recovered as the dust settles. Known for its advanced predictions and analysis, DeepSeek AI recently released its forecast for XRP, causing a stir across the crypto community as investors wonder about its accuracy. DeepSeek AI XRP Price Prediction For 2025 The sophisticated AI tool uses a combination of advanced technologyย (including machine learning, and natural language processing),ย economic and historical data, and sentiment analysis, to predict the prices of cryptocurrencies. For XRP, DeepSeek considered several factors like the legal battle between Ripple and the SEC, XRP's adoption rate, the growth of its On-Demand Liquidity (ODL) platform, and global market trends relating to the coin. According to its prediction, by the end of 2025, XRP is expected to change hands between $3.5 and $5. Notably, this projection aligns with 36crypto XRP price prediction for the year. DeepSeek confirms these price levels if XRP witnesses certain favorable outcomes. Major Catalysts For Price Outcome Meanwhile, DeepSeek AI's prediction assumes that several key factors would align for XRP. Firstly, a decisive and favorable resolution in the Ripple-SEC lawsuit could be the main catalyst for a significant price upswing. Interestingly, DeepSeek predicts a 70% possibility of the case ending in Ripple's favor which could reignite interest in the coin. Secondly, a notable growth in the adoption of XRP as a bridge currency for cross-border transactions would impact its value. Moreover, the AI model predicts a bullish market for 2025 fueled by global pro-crypto policies and a pro-crypto administration in the United States led by Donald Trump. XRP is well-positioned to benefit from these outcomes. Ultimately, DeepSeek AI's prediction of XRP reaching $3.5 to $5 by the end of 2025 aligns with the global market sentiment and has stirred excitement in the crypto community. While the AI model anticipates bullish conditions driven by pro-crypto policies, investors should remain cautious and consider market volatility when evaluating these projections. #DeepSeekPrediction #XRP #Ripple #Crypto #Bullrun2025 #ToTheMoon
XRP has seen a sharp decline, falling below the critical $3 level, marking a potential shift in market sentiment. The cryptocurrency currently trades at approximately $2.77, underscoring its challenges in regaining upward momentum. This drop highlights a loss of key support, which acts as resistance, creating a complex scenario for traders and investors. Adding to the uncertainty, Ali, a market analyst, has noted aย crucialย development in XRPโs technical analysis. In a tweet, he pointed out that the Bollinger Bands on XRPโs daily chart are tightening. This โsqueezingโ pattern often signals an imminent and significant price move.
Key Support Levels Under the Microscope The first important monitoring level is $2.62, aligning with XRPโs 50-day moving average. This level previously acted as a support zone during corrections. A rebound here could signal renewed buyer interest, but failure to hold this level may lead to further declines. The next significant threshold is $2.03, which aligns with the 100-day moving average. This zone is considered a more robust support level, likely to attract buyers looking for a stable foundation.ย XRPย could consolidate in this range before making its next move. The final key level is $1.50, representing the 200-day moving average and is psychologically significant. A drop to this point would mark a complete retracement of XRPโs recent rally, potentially offering long-term investors an attractive entry point.
Market Awaits a Decisive Move With the Bollinger Bands tightening, a significant price move appears on the horizon. A breakout above $3, supported by higher trading volume and renewed buying pressure, could reignite XRPโs bullish momentum. However, if bearish sentiment prevails, XRP might test the lower support levels outlined. XRP remains in a precarious position, with its recent crash below $3 drawing significant attention. Investors and analysts closely observe key levels and technical indicators, such as the Bollinger Bands, for clues about the cryptocurrencyโs next move. This post first appeared on 36crypto.com News. #Xrp๐ฅ๐ฅ #Ripple๐ฐ #MarketPullback
SEC Forms a Task Force to Streamline Cryptocurrency Regulations
The U.S. Securities and Exchange Commission (SEC) has announced the formation of a dedicated task force to develop a regulatory framework for cryptocurrency assets. The move reflects the growing demand for clarity in the digital asset industry, which has experienced heightened uncertainty recently. The task force, revealed on Tuesday, is spearheaded by Republican Commissioner Hester Peirce, a prominent advocate for balanced crypto regulations. This initiative comes under the leadership of acting Chair Mark Uyeda, who assumed the role on Monday following his appointment by former President Donald Trump. The SEC emphasized that the task force's primary objective is to engage with industry participants to create a transparent and predictable regulatory environment. Creating the task force represents an important milestone in solving problems in the cryptocurrency sector. Focus on Clearer Guidelines and Collaboration The SEC outlined several priorities for the newly formed task force, including establishing clear regulatory boundaries, streamlined registration processes for cryptocurrency firms, and comprehensive disclosure guidelines. Through these measures, the SEC works to restore market trust while creating an environment that supports crypto innovation. Commissioner Peirce, often referred to as "Crypto Mom," has long been recognized for her efforts to support innovation in the crypto space. Her leadership in this initiative has been welcomed by industry participants, who see it as an opportunity to create a more supportive regulatory framework. The task force aims to connect their work with similar oversight groups at other federal agencies including the Commodity Futures Trading Commission. The SEC assured stakeholders that while regulatory enforcement will remain a priority, it will be applied selectively to avoid stifling technological progress. The agency wants to ensure the crypto market can grow while shielding investors from harm. Ripple's Positive Response to Regulatory Changes Stuart Alderoty, Chief Legal Officer of Ripple, expressed optimism about the SEC's proactive approach. He criticized the previous administration's regulatory stance, describing it as confusing and detrimental to innovation. Alderoty voiced his support for the task force's efforts to establish clearer rules, noting the importance of undoing past regulatory challenges. The SEC's decision to form a dedicated task force has been viewed as a crucial step toward resolving uncertainties in the cryptocurrency industry. By addressing regulatory gaps and fostering collaboration, the agency aims to create a stable foundation for the future of digital assets. Conclusion The SEC's creation of a task force focused on cryptocurrency regulations signifies a pivotal moment for the digital asset industry. With Hester Peirce at the helm, the initiative aims to provide much-needed clarity while supporting innovation. Stakeholders hope this effort will pave the way for a more transparent and cohesive regulatory framework. This post first appeared on 36crypto.com News. #Ripple๐ฐ #RippleSECSettlement #SEC #BTCNextATH?
Here is the Trending Update in the Ripple vs. SEC Case, Possible Settlement?
Rumors about a possible settlement in the Ripple and SEC lawsuit have gained traction in the XRP community because of an SEC closed-door meeting scheduled to take place on January 23. Notably, this would be the first meeting under Acting Chairman Mark Uyedaโs leadership. The meeting, set at 2:00 p.m. Eastern Time, will occur remotely or at the SEC headquarters in Washington, D.C. The Sunshine Act notice outlines the agenda, which includes discussions on litigation claims, settlement of administrative actions, and enforcement matters. The meeting garnered significant attention shortly after Uyeda succeeded Gary Gensler on January 20. Known for his pro-crypto stance, Uyedaโs leadership has fueled speculation about a potential resolution to the long-standing Ripple case, which has been a focal point in the regulatory landscape of digital assets. Rippleโs Counter-Argument Submission Timeline In the ongoing Ripple lawsuit, the SEC recently filed its opening brief with the Second Circuit Court of Appeals. This brief challenges the District Courtโs ruling that Rippleโs programmatic sales and other XRP distributions were not securities. Ripple must now submit its counter-argument in response to the SECโs filing, a critical step in the appeals process that will determine how the case progresses. The XRP community has shown optimism about a possible settlement, particularly given the inclusion of litigation resolutions in the SECโs agenda. Ripple enthusiasts are hopeful that Acting Chairman Uyeda and Commissioner Hester Peirce will advocate for a resolution, potentially ending the case that has persisted since December 2020. Conclusion As the SEC gears up for its first closed-door meeting under Uyeda, the Ripple lawsuit remains in the spotlight. The XRP community eagerly anticipates Rippleโs counter-argument in the appeals process and hopes for progress toward a resolution during the meeting. However, with no guarantees, the legal battle is expected to remain a key topic of discussion in the cryptocurrency world. This post first appeared on 36crypto.com News. #Ripple๐ฐ #RippleSECSettlement #VeThorOnBinance
Expert Who Predicted XRP to $3 Now Predicts $15 Next, See Chart
Ali (@ali_charts), a well-known crypto analyst who accurately forecasted XRPโs recent rally to $3, now projects a bullish target of $15. His prediction comes after observing a breakout from a symmetrical triangle pattern on XRPโs monthly Chart. This breakout, often indicative of a long-term bullish trend, suggests substantial upside potential for the cryptocurrency. The symmetrical triangle, which developed over several years, signals market consolidation before a major price movement. XRPโs breach of this structure aligns with historical patterns, reinforcing the likelihood of a continued upward trend. With this breakout, XRP seems poised for new highs, attracting significant attention from the crypto community. XRPโs Path to $15 XRPโs journey to $15 will depend on its ability to maintain current momentum and surpass key resistance levels. Analysts have identified intermediate milestones at $5 and $10, which are expected to act as psychological and technical barriers. Clearing these levels could pave the way for XRP to achieve the ambitious $15 target.
Technical indicators further support this projection, with the Bollinger Bands on XRPโs daily Chart expanding to indicate heightened volatility and potential for larger price swings. Meanwhile, the MACD shows a bullish crossover, with the MACD line moving above the signal line, reinforcing upward momentum. The recent surge in trading volume also validates the breakout, suggesting strong market interest and participation. At the time of writing, XRP is exchanging hands at $3.31, marking an increase of 7.04% within the last 24 hours. This increase highlights the strong bullish sentiment surrounding XRP as it gains further traction in the market. Conclusion The expert prediction of XRPโs rise to $15 highlights the cryptocurrencyโs growing potential following its breakout from a symmetrical triangle pattern. While optimism remains high, the Path to $15 may face challenges, including market volatility and resistance level. With strong momentum and supportive technical indicators, XRPโs upward trajectory has positioned it as a focal point in the cryptocurrency market, attracting attention from both institutional and retail investors. #Xrp๐ฅ๐ฅ #Ripple๐ฐ #XRPPricePrediction #SOLVLaunchOnBinance
Ripple Lawsuit Update: SEC to Withdraw its Appeal?
Theย Ripple vs. SEC lawsuitย has reached a pivotal moment this week. The regulatory body is expected to submit its opening brief by January 15. However, the upcoming shift in the SEC leadership has raised questions about the possibility of a case withdrawal. Several experts have predicted that the SEC could drop the case, but all is speculative as the commission still has two days before the deadline. Recall that the court ruled in 2023 that XRPโs programmatic sales did not violate federal security laws, however, the SEC is expected to challenge that decision in its anticipated appeal brief. Deadline Approaching, Will the SEC Continue With Appeal? The crypto community is rocked with uncertainties about the direction of the Ripple vs. SEC case. While some guess that the appeal will be withdrawn, others stress that the watchdog will not end the case, however, its decision to continue would not affect a potential case dismissal. Precisely,ย 36crypto previously reportedย an insight from a pro-XRP lawyer, Jeremy Hogan, who emphasized that the SECโs submission of its opening brief is merely procedural and an obligation under the current leadership. He added that the filing would hold no significant implication in the future as regards a dismissal or a settlement. โDonโt be surprised when the SECโs brief IS filed timely and donโt be dismayed. This is still Genslerโs SEC. The filing on January 15 has NO effect on whether the case will be settled (I think likely) or dismissed by the new administration,โ he said. The current SEC chairman, Gary Gensler, is expected to leave office on January 20, less than a week after the court deadline and on the same day as Donald Trumpโs inauguration. His position would be occupied by a pro-crypto figure, Paul Atkins. Moreover, many speculate that with him in charge, the SEC could withdraw all non-fraud-related cases and shift away from โaggressive enforcementโ championed by Gensler.
SEC Held a Closed Door Meeting Meanwhile, the Securities and Exchange Commission held a closed-door meeting on January 10, discussing agendas including litigation claims and pending enforcement proceedings. While it wasnโt disclosed, crypto community members have guessed that the Ripple case was also in discussion given the timing, and the appeal deadline around the corner. At the moment, the outcome of the meeting is still unknown, but if the SEC decides to continue with the Ripple lawsuit, it could have a significant implication on how the crypto industry is regulated and also on the price trajectory of the underlying coin, XRP. This post first appeared on 36crypto.com news. #Xrp๐ฅ๐ฅ #Ripple๐ฐ #RippleVsSEC #AltcoinBoom
Charles Hoskinson Praises XRP's Leadership and Community Strength
Charles Hoskinson, founder of Cardano, has publicly recognized XRP's leadership and community in an unexpected endorsement. In a recent post on X, formerly known as Twitter, Hoskinson highlighted XRP's genuine user base, defined leadership, and focused purpose. This acknowledgment is noteworthy, given past tensions between Hoskinson and the XRP community. Hoskinson Highlights XRP's Credibility and Purpose Hoskinson emphasized that XRP boasts an active and credible community, which he views as essential for long-term success. He also pointed out that the project is well positioned within the context of digital assets because of the strong leadership of the XRP team. Another area that received Hoskinson's appreciation was XRP's problem-oriented approach and its function as a currency that enables cross-border payments and other financial services. Interestingly, Hoskinson took the time to draw a parallel between XRP leadership and other troublesome characters in the crypto world. He explained that the founders of XRP have not been involved in fraud or an arrest warrant, an "Interpol red notice warrant." This post first appeared on 36crypto.com News. #Xrp๐ฅ๐ฅ #CardanoADA #USJobsSurge256K #Ripple๐ฐ
Ripple vs SEC Case Likely to End in April, Lawyer Says
The long-standing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may move closer to resolution by spring 2025. Legal expert Jeremy Hogan predicts the case could beย settledย between April and May this year. The case concerns whether Rippleโsย XRP tokenย qualifies as an unregistered security under U.S. law. The conflict has resulted in considerable legal actions, and both have seen a semblance of victory and losses. The court decided that Ripple sold more than $700 million of XRP through institutional sales, violating the securities laws. Hence, Ripple was hit with a $125 million penalty, yet this penalty is temporarily suspended due to appeals from both parties. Leadership Changes Could Influence SEC Strategy The upcoming transition in SEC leadership is expected to play a pivotal role in the caseโs direction. Paul Atkins, a former SEC commissioner with a history of advocating for balanced regulation, is set to replace Gensler on January 20, 2025. Experts believe Atkinsโ leadership could foster a more collaborative dispute resolution. Ripple CEO Brad Garlinghouse has expressed optimism about working with the new administration, hoping for clearer regulatory guidance and potential closure of the lawsuit. Of particular interest, the appeals involve document submissions, setting up tactics, and negotiations, all of which Hogan opines make it reasonable to expect the goal to be reviewed and sorted in April or May at the latest. "I'd say it's possible but maybe unlikely. 40 days is not a lot of time to get reports together, memos, have the requisite SEC meetings, etc.. I'm going with April/May as a likely timeframe," Hogan says. This post first appeared on 36crypto.com News. #Ripple๐ฐ #RipplevsSEC #Xrp๐ฅ๐ฅ #BinanceMegadropSolv
The cryptocurrency market continues to speculate about XRPโs future price trajectory. A new analysis by EGRAG CRYPTO, a prominent voice in the crypto community, projects XRP reaching $15 by May 5, 2025. This prediction leverages two well-known methodologies in technical analysis: Fibonacci time zones and Elliott Wave theory. Fibonacci Time Zones Indicate Critical Timing The main factor behind EGRAG CRYPTOโs forecast is the Fibonacci time zone analysis, which highlights May 5, 2025, as a potentially crucial date for value changes in the XRP token. The analysis shows that a line known as the Fibonacci 1.618 acts as a critical threshold previously cut across the market cycles. The prediction emphasizes that the price movement may not occur precisely on this date. Instead, it could unfold in the surrounding timeframe, as market cycles rarely conform to exact dates. This approach explains the significance of Fibonacci levels in determining when significant changes in the XRPโs trend are most probable. Elliott Wave Theory Reinforces Bullish Outlook The Elliott Wave theory supports the $15 forecast, with XRP currently believed to be in Wave 4, a corrective phase. The next stage, Wave 5, is typically impulsive and often drives substantial price increases. For more support of the prediction, EGRAG CRYPTO analyzed historical data, showing Wave 1 brought a 63.39% price hike, while Wave 3 saw a phenomenal 570% surge. The trends show that Wave 5 will contribute an increase of 391%, aligning with Elliott Wave principles that suggest that Wave 5 can retrace to 1.236%โ1.618% of Wave 4 or match earlier wave proportions. It also forecasts a price target of around $15, which is achieved by combining trend analysis using Fibonacci retracement levels and other market patterns.
Seize the cloud mining opportunity: BCH Miner helps you earn $3,000 a day
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Breaking: Ripple's RLUSD Stablecoin to Launch Globally Tomorrow
Ripple Labs has announced the launch of its much-anticipated stablecoin, RLUSD, for tomorrow, December 17, 2024. This comes following regulatory approval from the New York State Department of Financial Services (NYDFS) on December 10. Following the launch, Ripple will now compete in the rapidly growing stablecoin market with a valuation of over $200 billion. According to a press release by the company, RLUSD will launch with "unmatched utility, experience, and compliance" in the global crypto market. Moreover, Ripple noted that the coin would be initially accessible on several centralized exchanges like Uphold, CoinMena, Bitso, Moonpay, and Archax. Other exchanges include Bitstamp, Mercado Bitcoin, Bullish,ย Zero Hash, and Independent Reserve. This news first appeared on 36crypto.com News #rlusd #Ripple #xrp
Breaking: Ripple RLUSD Receives Regulatory Approval, Set toย Launchย Soon
Blockchain company, Ripple, has finally received the go-ahead from the New York State Department of Financial Services (NYDFS) to launch its much-anticipated stablecoin, RLUSD. This comes after speculations about a potential launch on December 4. In a recent tweet, CEO Brad Garlinghouse disclosed that listings on major crypto exchanges and partner platforms will be live soon. This means that RLUSD will be available to the global market soon. Recall that Ripple announced its venture into the stablecoin market in April this year. In August, the company launched the coin for private testing on the XRP Ledger and Ethereum network. During that time, Ripple collaborated with selected firms to ensure that RLUSD worked properly and delivered the desired value. Ripple had stated that upon public launch, RLUSD would be available across multiple networks for easy accessibility. Moreover, Garlinghouse urged the crypto community to be vigilant and only watch out for announcements from official Ripple channels to prevent cases of fraud. This just inโฆwe have final approval from NYDFS for RLUSD!ย Exchange and partner listings will be live soon โ and reminder: when RLUSD is live, youโll hear it from Ripple first," he said. #Ripple๐ฐ #RippleStablecoin #RLUSDLaunch #XRPGoal
Do Not Buy XRP Before December 11, Trader Cautions Investors: Here's Why
A known crypto trader on Binance Square, @Bit_Guru has warned investors against buying XRP before December 11, citing possibilities of an unfavorable regulatory climate ahead. XRP has been caught in the crossfire between Ripple and the Securities and Exchange Commission (SEC) legal battle for over four years. The regulatory agency sued Ripple for violating federal securities laws by offering XRP to both retail and institutional investors. Though a federal court determined the former were not securities, the same court ruled that the latter violated security laws. The ruling underscores the vague and unclear regulatory conditions overseeing the crypto industry. Amid this brawl, XRP suffered a notable price decline, crashing to less than $1 and staying that way for over three years. However, the coin saw a meteoric rise after pro-crypto Donald Trump won the November 5 presidential elections. The surge even heightened after Gary Gensler, the current SEC chairman, announced that he would step down from office on January 20, and be replaced by a crypto-friendly figure, Paul Atkins. While it seems like XRP has finally reached the "light at the end of the tunnel," @Bit_Guru calls the attention of the community and potential investors to a crucial development on December 11. Caroline Crenshaw Might be Re-nominated as SEC Commissioner In a recent post on Binance Square, Bit Guru warned investors to put a pause on their XRP investments because an important decision is to be made regarding the renomination of Caroline Crenshaw as SEC commissioner by the U.S.ย Senate Banking Committee. For context, Crenshaw has been an open critic of cryptocurrencies and was one of the commissioners who voted against approving a Bitcoin exchange-traded fund (ETF) in January. The prospect of her re-election has sent unrest across the crypto community, as members wonder what the future of crypto regulation would be with her as a decision-making member. A Bloomberg ETF analyst, James Seyffart, even noted in a recent post on X that Crenshaw is more anti-crypto than Gensler. "She wasn't just "an ally to Gensler" IMO -- she was more vehemently anti crypto than Gensler," he said. Several key industry figures including Coinbase's president, Emilie Choi, have voiced concerns about her returning as an SEC commissioner. Choi highlighted how Crenshaw "embarrassingly opposed Bitcoin ETFs" and emphasized that the SEC needs to change. Crenshaw's Renomination Could Mean Trouble for XRP Meanwhile, Bit Guru stressed that Crenshaw's re-nomination could trouble Ripple's ongoing battle with the regulatory agency. He added that her influence could make XRP's fight for regulatory clarity more difficult. "SEC Chair Paul Atkins cannot single-handedly approve or reject casesโevery commissioner, including Ms. Caroline, has to sign off. Her vote could be the deciding factor!" he said. Based on this, Bit Guru noted that he is putting a pause on buying XRP until December 11. Moreover, he stressed that it could mean a potential roadblock for XRP especially if Crenshaw aligns herself with anti-crypto policies. Ultimately, he noted that the December 11 decision could be a game-changer for XRP and that waiting for clarity before investing is advisable. #Xrp๐ฅ๐ฅ #XRPGoal #BinanceHODLerMOVE #AltSeasonBoom?