Ripple USD, a stablecoin issued by XRP coin issuer Ripple, was initially marketed as an “enterprise-focused” stablecoin but has since gained traction among retail users. Ripple officially introduced its Ripple USD (RLUSD) stablecoin in late 2024, with CEO Brad Garlinghouse highlighting its institutional focus, setting RLUSD apart from competitors primarily focused on retail use. Still,…
Key takeaways: XRP (XRP) price is taking a pause after reaching its multimonth high of $3.66 a week ago, fueled by regulatory clarity and institutional adoption. XRP/USD weekly price chart. Source: TradingView The resolution of Ripple’s SEC lawsuit with a $50 million fine and confirmation that XRP isn’t a security have unleashed bullish momentum over…
Key takeaways: DOGE price previously rallied 340% from a bullish cross that’s again in play. A double bottom breakout hints at a Dogecoin price rally to $0.48. Bullish analysts expect breakouts toward $0.50–$1. Dogecoin’s (DOGE) moving average convergence divergence (MACD) indicator flashed a bullish signal in late 2024, before DOGE’s price rose by over 330%…
Memecoins inspired by the late wrestling legend Hulk Hogan and Black Sabbath rocker Ozzy Osbourne skyrocketed as tributes flooded over the two popular icons’ deaths this week. Terry Bollea, better known by his wrestling ring name Hulk Hogan, was reportedly pronounced dead in a hospital on Thursday at the age of 71 after medics arrived…
Memecoins inspired by the late wrestling legend Hulk Hogan and Black Sabbath rocker Ozzy Osbourne skyrocketed as tributes flooded over the two popular icons’ deaths this week. Terry Bollea, better known by his wrestling ring name Hulk Hogan, was reportedly pronounced dead in a hospital on Thursday at the age of 71 after medics arrived…
Rapidly growing institutional interest in Ethereum could trigger a supply shock and position Ether to outperform Bitcoin in the next six months, says Galaxy Digital CEO Michael Novogratz. “There’s not a lot of supply of ETH, and so I think ETH probably has a chance to outperform Bitcoin in the next three to six months,”…
Bitcoin mining firm BitMine Immersion Technologies has bought up over $2 billion of Ether in just 16 days, retaking the lead among a flurry of newly formed Ether treasury companies. BitMine said in a statement on Thursday that in the last 16 days, it had bought up 566,776 Ether (ETH), worth over $2.03 billion. Tom…
Key points: Bitcoin dives more than 2% from its $120,000 daily high to swipe bid liquidity in an anticipated move. Market projections nonetheless see a deeper retracement coming. “Froth” is starting to appear across crypto as altcoin open interest hits new all-time highs. Bitcoin (BTC) dipped to take bid liquidity at Wednesday’s Wall Street open…
XRP vastly outperformed ETH over the past year, but institutional investor demand for Ether could change the trend. Source link
XRP vastly outperformed ETH over the past year, but institutional investor demand for Ether could change the trend. Source link