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Showing posts with the label ripple xrp

Ripple: Could XRP Be Headed for $1 After the Bitcoin Halving?

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After performing well throughout this week, all eyes are on the trajectory for XRP. The asset is currently down from its $0.74 price on Monday but has some optimistic technical indicators. With that present, could Ripple (XRP) be headed for the $1 mark after the highly anticipated Bitcoin halving event? The event is slated to take place on April 20th and is one of the market’s most important occurrences. The correlation between both BTC and XRP is an interesting one and could influence further gains for Ripple when it takes place in the coming month. Also Read: Ripple: 3 Reasons Why XRP Could Turn Around to End March XRP to Surge When Bitcoin Halving Takes Place? For Ripple, 2024 has not proven to be as positive as many have hoped. On Monday, March 11th, the asset did surge to the $0.74 level but saw profit-taking diminish its value. Indeed, more than 65.4 million XRP tokens that were held for more than 6 months were sold. That increase in pressure would lead the asse...

Shiba Inu or XRP: Which Asset Can Deliver Good Profits in 2024?

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Shiba Inu (SHIB) and Ripple’s XRP token are among the most popular cryptocurrencies in the market. Both projects have a loyal fan following and are in a race to dominate the crypto market this year. According to Google’s Bard AI (Artificial Intelligence), both projects “ have distinct characteristics and are influenced by different factors, making a direct comparison challenging .” Also Read: Shiba Inu: Millions of Bitcoin ETF Profits Might Flow Into SHIB However, the AI chatbot has given some price levels that Shiba Inu (SHIB) and XRP could achieve in 2024. According to Bard, SHIB could hit a peak of $0.000013 this year. The price rise would translate to a growth of about 35% from current levels. On the other hand, Bard anticipates XRP to reach $1.07 by Q4 2024. The price rise would translate to a growth of over 87% from current levels. Will XRP outshine Shiba Inu (SHIB) in 2024? XRP is one of the most popular currencies for cross-border rem...

Coinbase To Re-List Ripple XRP

Coinbase is officially deciding to re-list Ripple XRP, according to an official announcement from the exchange. “Coinbase will re-enable trading for XRP (XRP) on the XRP network,” an official tweet from Coinbase reads. Coinbase will re-enable trading for XRP (XRP) on the XRP network. Do not send this asset over other networks or your funds may be lost. Transfers for this asset remain available on @Coinbase & @CoinbaseExch in the regions where trading is supported. — Coinbase Assets 🛡️ (@CoinbaseAssets) July 13, 2023 The tweet adds “Trading is anticipated to begin later today, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our XRP-USD, XRP-USDT, and XRP-EUR trading pairs will launch in phases. Support for XRP may be restricted in some supported jurisdictions.” Also read: US Judge Rules Ripple XRP is Not a Security According to the latest ruling of the ongoi...