šŸ” šŸ”“šŸ˜ž Market Analysis — 5-Nov-18

Cryptocurrency markets have started November with a chill, as Bitcoin and XRP both slumped after a bruising month, with BTC breaking below crucial psychological thresholds and altcoins following suit. Traders on leading exchanges like Gate.io and Bybit are voting with their wallets, shifting hold... ... Read full šŸ”“šŸ˜ž Market Analysis — 5-Nov-18

XRP Adoption Explodes — So Why Is the Price Crashing? The Hidden Risk No One Sees

XRP Adoption Explodes — So Why Is the Price Crashing? The Hidden Risk No One Sees

The XRP Ledger (XRPL) is seeing a significant surge in utility and on-chain activity, driven by the commencement of stablecoin testing by global financial giants.Despite these powerful fundamental signals—including a 12% price gain and a record number of new wallets—XRP’s market value continues to d…

XRP Demand Surges on Binance, What's Behind It?

XRP Demand Surges on Binance, What's Behind It?

XRP, at one point on Thursday, rose as much as 5%, reaching a high of $2.41 before slightly retreating.Ā According to on-chain data, the rise follows as XRP demand surges on Binance. According to CryptoQuant, Binance traders are piling into XRP even as BTC and ETH positions unwind.CryptoQuant noted i…

Canary Capital To List Spot XRP ETF Next Week Following Success Of Litecoin, Hedera Funds

Canary Capital To List Spot XRP ETF Next Week Following Success Of Litecoin, Hedera Funds

An exchange-traded fund tracking the price of Ripple-linked XRP is expected to list soon, expanding the slate of spot altcoin funds trading in the United States.

XRP Price Could Drop 24% as Bollinger Bands Flash Warning

XRP Price Could Drop 24% as Bollinger Bands Flash Warning

After failing to stay above $3.60 earlier in October, XRP is now back in the same price zone it traded in before the last breakout attempt.Ā What's specific about this price setup is how the monthly chart shows a clear rejection at the upper Bollinger Band, and that usually means the next stop is the…

Western Union’s Stablecoin Move Sparks XRP Army Fury as Bulls Eyes $2.8 Barrier

Western Union’s Stablecoin Move Sparks XRP Army Fury as Bulls Eyes $2.8 Barrier

Ali Martinez predicts that XRP could face strong resistance near the $2.80 level, a key threshold that may shape its medium-term outlook.

XRP Ledger Sees Great Uptick in New Wallets

XRP Ledger Sees Great Uptick in New Wallets

According to recent data provided by analytics firm Santiment, the XRP Ledger has recorded 21,595 new XRP wallets within just 48 hours.Notably, this is the highest level of growth that the XRP Ledger has recorded in roughly eight months. The XRP price has also experienced a notable price increase, s…

Ripple’s Banking Charter Could Send XRP to $10 ā€˜In No Time,’ Igniting Institutional Demand

Ripple’s Banking Charter Could Send XRP to $10 ā€˜In No Time,’ Igniting Institutional Demand

Ripple’s latest move has the fintech world talking. The company’s application for a U.S. national banking charter entered public review.

XRP Price Sees Bullish Move, Can Buyers Protect Upside Levels?

XRP Price Sees Bullish Move, Can Buyers Protect Upside Levels?

XRP price started a recovery wave from $2.050. The price is now back above $2.25 and might attempt to surpass the $2.420 resistance zone.XRP price was able to start a recovery wave above $2.20.The price is now trading above $2.250 and the 100-hourly Simple Moving Average.There was a break above a be…

84% Of XRP Sell Pressure Comes From Korea As $2 Looms, Analyst Warns

84% Of XRP Sell Pressure Comes From Korea As $2 Looms, Analyst Warns

XRP’s latest downswing has dragged price into a cluster of long-term volume and mean-reversion levels, with one prominent market technician flagging Korea as the epicenter of near-term spot selling.XRP Faces Crucial SupportIn charts shared over the past 24 hours, trader Dom (@traderview2) said XRP h…

Ripple raises $500 million at $40 billion valuation in round led by Fortress, Citadel

Ripple raises $500 million at $40 billion valuation in round led by Fortress, Citadel

Ripple has announced a $500 million strategic investment round led by Fortress Investment Group and Citadel Securities, valuing the blockchain payments company at a staggering $40 billion.The raise, which also included investments from Pantera Capital, Galaxy Digital, Brevan Howard, and Marshall Wac…

Ripple CTO Explains Why XRP Ledger Doesn't Need Miners or Smart Contracts

Ripple CTO Explains Why XRP Ledger Doesn't Need Miners or Smart Contracts

David Schwartz, Ripple's Chief Technical Officer, was once again dragged into the public arena to clarify what XRP Ledger actually does — and more importantly, what it does not do.The discussion began after a $120 million exploit hit major DeFi protocol Balancer, bringing back to life the criticism …

Ripple Holders Refuse to Sell, Dogecoin (DOGE) Price Risks Adding Zero, Bitcoin (BTC) Might Lose $100,000 — Crypto News Digest

Ripple Holders Refuse to Sell, Dogecoin (DOGE) Price Risks Adding Zero, Bitcoin (BTC) Might Lose $100,000 — Crypto News Digest

Ripple's $1B share buyback sees low participation despite $40B valuationRipple's buybackĀ has seen low participation, according to a recent report by The Information.Buyback details. Ripple Labs recently offered to repurchase $1 billion worth of shares at a $40 billion valuation.According to a recent…