Ripple (XRP) shared several key updates in its Q2 2024 report.
Ripple is preparing for its stablecoin launch as it announces $10 million investment in tokenized US Treasury bills. Ripple ’s bullish updates have failed to catalyze gains in XRP amidst the market-wide crypto correction. XRP hovers around key support at $0.50 as traders await Bitcoin recovery and SEC lawsuit ruling. Ripple shared several key updates in its Q2 2024 report.
90 close to the oversold zone, meaning there is an opportunity for sidelined traders to enter. XRP could target the $0.60 level in its rally, a 22% gain from the current price. XRP/USDT daily chart A daily candlestick close under $0.45 support could invalidate the bullish thesis and signal further correction in the altcoin. Bitcoin, altcoins, stablecoins FAQs What is Bitcoin? Bitcoin is the largest cryptocurrency by market capitalization, a virtual currency designed to serve as money.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ripple update: What to expect from XRP and Ripple lawsuit this weekRipple (XRP) extended gains by nearly 2% early on Sunday. XRP sustained above the psychological price level of $0.60 amidst the optimism of Donald Trump’s speech at the Bitcoin conference, and BTC’s recent gains.
Read more »
Ripple update: XRP struggles under key support, Ripple reveals stablecoin detailsRipple (XRP) added information on its stablecoin to its official website.
Read more »
Ripple CTO Breaks Silence on Ripple’s Plans to Increase XRPL DeFi AdoptionRipple CTO weighs in on Ripple’s plans to expand XRPL usage in the company’s own business to bring DeFi benefits to users
Read more »
Ripple stablecoin unlikely to invite legal trouble from SEC, says Ripple executiveRipple (XRP), the native token of the XRP Ledger slipped under $0.60, a key psychological support for the altcoin.
Read more »
Pro Ripple attorney predicts SEC vs. Ripple lawsuit could end on July 31The Securities and Exchange Commission (SEC) vs. Ripple (XRP) lawsuit could end as early as July 13 or by July 31, according to pro-crypto attorney Fred Rispoli.
Read more »
Ripple vs. SEC: Ripple’s landmark victory one year laterA year ago, a landmark ruling determined XRP is not a security, significantly impacting crypto regulation and market value. This decision has shaped the regulatory landscape in the U.S.
Read more »