DeFI News by Thebittimes.Com

XRP’s focus on fast, low-cost transactions has made it one of the frontrunners in the digital currency space when it comes to utility. At the time of writing, XRP is the third largest cryptocurrency in the world by market cap. To boot, President Trump’s March 2 announcement of a strategic crypto reserve included a bullish catalyst — as XRP is slated to form part of the reserves. This announcement ignited a surge in the cryptocurrency market. However, on March 4, the imposition of tariffs on China, Canada, and Mexico caused a market-wide selloff — and a drop in XRP price ensued. Picks for you 2 cryptocurrencies to reach a $5 billion market cap in March 1 hour ago Bybit unveils game-changing crypto learning platform ...

The XRP price plunged 3% in the last 24 hours to trade at $2.57 as of 11:28 p.m. EST on trading volume that rose 48% to $5.2 billion. The Ripple token’s performance continues to be volatile, driven by shifting sentiment around the Securities and Exchange Commission (SEC) case against the sale of XRP. Much of XRP’s recent strength comes from speculation that the SEC may abandon its appeal, allowing Ripple to operate without looming legal threats. Arthur Azizov, CEO at the crypto business B2BinPay, bullishly believes that XRP could reach a price range of $5 to $7 in the first half of 2025. Despite being the 3rd largest cryptocurrency by market cap (excluding Tether as a stable coin), no mention of XRP below. I’m surprised considering XRP is one of the few cryptocurrencies to finish December trading in the green. I don’t do price predictions but Barron’s recently… https://t.co/scamKncLKT — John E Deaton (@JohnEDeaton1) January 1, 2025 XRP...

The XRP price has pumped 6% in the last 24 hours to trade at $3:31 as of 7a.m. EST on a 75% jump in trading volume to $16 billion. A surge in the price of the Ripple token comes ahead of Donald Trump’s inauguration, and as Whale Alert, a prominent blockchain tracking service, detects a large deposit on the Binance exchange. 🚨 🚨 🚨 🚨 🚨 40,000,000 #XRP (124,788,255 USD) transferred from unknown wallet to #Binancehttps://t.co/RP256hHvki — Whale Alert (@whale_alert) January 20, 2025 The transaction involved 40,000,000 XRP, valued at around $124.8 million, and was initiated by an unidentified blockchain address. The deposit occurred less than four hours ago. XRP Price Breakout Could Phase A Short Term Correction The chart shows a strong bullish trend for XRP/USDT on the daily timeframe, currently trading at $3.31, up 12.04% on the day. The price action exhibits a parabolic breakout following a consolidation phase within a d...

The XRP price surged 8% in the last 24 hours to trade at $3.13 as of 02:15 a.m. EST on trading volume that skyrocketed 111% to $23.6 billion. This comes as the US Securities and Exchange Commission (SEC) finally filed an appeal to reverse the court ruling that said XRP was not a security when sold to retail investors. However, according to Stuart Alderoty, Ripple’s Chief Legal Officer (CLO), “The SEC’s lawsuit is just noise.” Alderoty still stands by the idea that the appeal could be dropped by a future administration. As expected, the SEC’s appeal brief is a rehash of already failed arguments –and likely to be abandoned by the next administration. We’ll respond formally in due time. For now, know this: the SEC’s lawsuit is just noise. A new era of pro-innovation regulation is coming, and… https://t.co/3ZxO64Fs8C — Stuart Alderoty (@s_alderoty) January 16, 2025 “A new era of pro-innovation regulation is coming, an...