Ripple | ForkLog

ForkLog 29 16.12.2024

Ripple CTO Anticipates Volatility for RLUSD Post-Launch

Following the launch of the RippleUSD (RLUSD) stablecoin, significant volatility is expected, and it is crucial to avoid FOMO. This was stated by the CTO of the issuer, David Schwartz. As RLUSD goes live, there may be supply shortages in the very early days before the market stabilizes. There actually is someone willing to pay […]

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ForkLog 9 11.12.2024

2017 Whale Transfers $2.5 Million in ETH to Exchange

An Ethereum whale transferred 680 ETH (~$2.53 million) to Binance, while still holding a total of 3227.7 ETH ($12 million). The investor acquired the coins between 2017 and 2018. Data: Etherscan. During that period, the coin’s price fluctuated between $300 and $900. The investor’s previous activity was recorded in July-September 2023, when 2773 ETH was […]

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ForkLog 28 11.12.2024

Ripple Secures Approval for RLUSD Stablecoin Trading

The New York Department of Financial Services has approved Ripple’s RLUSD stablecoin for trading, as announced by the company’s CEO, Brad Garlinghouse. This just in…we have final approval from @NYDFS for $RLUSD! Exchange and partner listings will be live soon – and reminder: when RLUSD is live, you’ll hear it from @Ripple first. — Brad […]

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ForkLog 11 09.12.2024

Crypto Funds Inflow Reaches Record $3.85 Billion

Between December 1 and 7, cryptocurrency investment funds received $3.85 billion, marking a historic peak. This positive trend has continued for the ninth consecutive week, according to CoinShares. Data: Coinshares. The previous week, the figure stood at $270 million. The inflow since the beginning of the year has reached a record $41.1 billion. The volume […]

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ForkLog 6 06.12.2024

Analyst Warns of Potential ‘Bloodbath’ for XRP Amid Bitcoin’s Dominance

Traders’ hopes for XRP to return to its ATH may be in vain if Bitcoin’s dominance continues to rise, according to leading Swyftx analyst Pav Hundal, as reported by Cointelegraph. “The real danger for highly leveraged bulls lies in the relative strengthening of Bitcoin. Capital rotation into digital gold could trigger a ‘bloodbath’ of liquidations,” […]

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ForkLog 19 04.12.2024

Coinbase Whales Propel XRP to New Heights

On December 3, XRP reached a multi-year high of $2.909, marking a 478.4% increase over the month. The ATH stands at $3.3. Hourly chart of XRP/USDT on Binance. Data: TradingView. At the time of writing, the asset shows near-zero daily growth. The price is $2.622. The cryptocurrency has secured the third position by market capitalization […]

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ForkLog 15 02.12.2024

XRP Reaches $2.5, Enters Top Three by Market Capitalisation Amid High Leverage Concerns

On the morning of December 2, XRP’s price hit a seven-year high at $2.498, displacing the stablecoin USDT from the third position in market capitalisation ($136.2 billion). The day before, the asset surpassed Solana. Hourly chart of XRP/USDT on Binance. Data: TradingView. XRP’s daily growth reached 27.8%. Over the past 14 days, the asset has […]

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ForkLog 8 29.11.2024

XRP Reaches Three-Year High Near $1.7

XRP surged to $1.6833, marking a new peak in the upward trend that began in November. The last time prices exceeded current levels was in April 2021, after which the asset traded lower. Hourly chart of XRPUSDT on Binance. Data: TradingView. The increase over the past day was 14%. XRP outpaced Bitcoin and other top-10 […]

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ForkLog 12 16.11.2024

XRP Price Surpasses $1 for the First Time in Three Years

On Saturday, November 16, the price of XRP surpassed the psychological threshold of $1 for the first time since December 2021. Hourly chart of XRP/USDT on Binance. Data: TradingView. At the time of writing, XRP is trading at $1.02, having gained 83.8% over the past week. According to CoinGecko, the cryptocurrency’s market capitalization has reached […]

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ForkLog 3 15.11.2024

Bitcoin Faces Correction Risks Amid High Leverage, Warns Expert

The distribution of implied volatility in the bitcoin options market suggests a high probability of trading at lower levels, according to experts from Blofin, as reported by CoinDesk. “Traders have reached an implicit consensus that prices for the leading cryptocurrency and altcoins are still high, and a pullback is possible,” commented the specialists. Blofin noted […]

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ForkLog 21 11.11.2024

Charles Hoskinson Proposes Partnership Between Ripple and Cardano

Charles Hoskinson, the founder of Cardano, has apologized to the XRP community and expressed his intention to establish a partnership with Ripple. Charles apologizing to the XRP Community + wants to participate in #RLUSD Good stuff Charles. pic.twitter.com/0k4qTZyW3D — Vet (@Vet_X0) November 10, 2024 The cryptographer proposed considering the integration of the privacy-focused Midnight sidechain […]

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ForkLog 18 02.11.2024

21Shares Seeks SEC Approval for Spot XRP-ETF

Swiss firm 21Shares has filed an application with the U.S. Securities and Exchange Commission (SEC) using Form S-1 to register an exchange-traded fund based on the cryptocurrency XRP. The product is expected to be listed on the Cboe BZX platform, though the ticker remains unspecified. Coinbase Custody Trust Company will serve as the custodian for […]

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