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XRP Holders Provide Nothing of Value, ZachXBT Says Ripple Foundation Is “Cheap”

- Crypto investigator ZachXBT has reiterated his stance that XRP holders contribute minimal value to the cryptocurrency sector.
- He labeled the Ripple Foundation as “cheap,” suggesting a lack of innovation and meaningful impact on the market.
- This criticism raises questions about the overall utility and community engagement of XRP holders within the blockchain ecosystem.
- The remarks come amid ongoing debates about the role of various cryptocurrency communities and their contributions to the industry’s growth.

This discussion is pertinent for traders and holders as it highlights potential sentiment shifts in the XRP community and the broader market perception of asset value. Understanding these dynamics can inform investment strategies and community involvement.

#XRP #Ripple #cryptocurrencies #market #altcoins
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Rates: BTC: $111,199.00 • ETH: $4,470.88 • XRP: $2.91

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XRP Price Prediction: XRP Tumbles As Gemini Overtakes Coinbase On App Store After XRP Credit Card Launch With Ripple Labs

- XRP has seen a 1.5% decline in price over the last 24 hours, currently trading at $2.90.
- Daily trading volume has decreased by 7.7%, now standing at $7.02 million.
- Gemini has surpassed Coinbase in app store rankings, potentially impacting market sentiment.
- The recent launch of the XRP credit card in collaboration with Ripple Labs may not have had the anticipated positive effect on XRP's price.
- Market dynamics are shifting as competition in the crypto space intensifies, particularly among exchange platforms.

This situation is crucial for traders and holders as it highlights the volatility and competitive landscape of the cryptocurrency market. The decline in XRP's price and trading volume could indicate broader market trends or investor sentiment shifts that impact trading strategies.

#XRP #Ripple #cryptocurrencies #market #altcoins
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Rates: BTC: $108,467.00 • ETH: $4,355.01 • XRP: $2.81

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Ripple CTO on How XRP, RLUSD Drive Liquidity on AMM: Details

- Ripple's RLUSD is now available for trading on the XRP Ledger decentralized exchange (DEX) following a recent clawback amendment.
- This amendment enhances the functionality of RLUSD, allowing for improved liquidity and trading efficiency.
- The integration of RLUSD with the XRP Ledger DEX aims to bolster the overall liquidity of the platform, benefiting users and traders.
- XRP continues to play a critical role in this liquidity enhancement through its established network and transaction capabilities.
- The collaboration between RLUSD and XRP is expected to attract more participants to the DEX, potentially increasing trading volume.

This development is significant for traders and holders as it not only enhances liquidity on the XRP Ledger but also opens new avenues for trading and investment strategies. Improved liquidity generally leads to better price stability and reduced slippage, making it easier for traders to execute their strategies effectively.

#XRP #Ripple #RLUSD #liquidity #cryptocurrencies #DEX
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Rates: BTC: $109,255.00 • ETH: $4,452.00 • XRP: $2.85

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XRP Bullish Patterns Point to $5 as Korean Buyers Start to Accumulate

- Recent analysis indicates that XRP is forming bullish patterns, suggesting potential price movements towards the $5 mark.
- Increased accumulation by Korean investors has been observed, indicating growing interest in XRP within this key market.
- Technical indicators show strong support levels, further reinforcing the bullish sentiment among traders.
- Market sentiment appears to be shifting positively, with analysts predicting a possible rally if current trends continue.
- The influx of capital from South Korea may play a significant role in driving XRP's price upward in the near term.

This development is critical for traders and holders as it signals a potential price surge, driven by both technical analysis and increased demand from a significant market. Staying informed on these trends could provide strategic advantages for positioning in the market.

#XRP #Ripple #cryptocurrencies #market #altcoins #инвестиции
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Rates: BTC: $107,549.00 • ETH: $4,394.50 • XRP: $2.74

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Market Exiting Bullish Phase and Might Not Return to It for Long Time

- Shiba Inu (SHIB) shows potential for a surprise rally as market sentiment shifts, with traders watching closely for any momentum.
- XRP has been expelled from major exchanges, raising concerns about its liquidity and future price stability.
- Analysts warn that XRP risks losing the critical $2 support level, which could trigger further sell-offs.
- Bitcoin (BTC) is facing scrutiny as market indicators suggest the current bull market may be over, leading to potential corrections.
- The overall market dynamics indicate a cautious approach for traders, with volatility expected in the coming weeks.

Understanding these developments is crucial for traders and holders as they navigate a potentially bearish market. It is essential to monitor key support levels and market sentiment to make informed decisions.

#SHIB #XRP #Bitcoin #cryptocurrencies #market #altcoins
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Rates: BTC: $110,354.00 • ETH: $4,378.74 • XRP: $2.80

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XRP Price Prediction – Bulls Face a Trap! Is Another Sell-Off Coming?

- XRP price has started a downside correction, falling below the $2.920 support level.
- While there is an attempt to recover, the upside could be restricted around the $3.00 mark.
- Recent technical analysis indicates a decline below the $3.150 zone, further pushing the price under $3.050.
- Traders should be cautious as the market shows signs of potential hurdles if a recovery occurs.

This situation is crucial for traders and holders, as the possibility of another sell-off could impact investment strategies. Understanding the current price dynamics and resistance levels can help in making informed decisions.

#XRP #Ripple #cryptocurrencies #market #altcoins
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Rates: BTC: $110,900.00 • ETH: $4,316.84 • XRP: $2.83

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Bitfinex Alpha | ALTs Rally Follows BTC ATH

- Bitcoin hit a new all-time high of $123,120 last week, reflecting a 65.3% increase since April's lows.
- Following Bitcoin's peak, altcoins experienced significant upward movement, marking a notable shift in market dynamics.
- Major cryptocurrencies like Ethereum and XRP showed strong performance, outpacing Bitcoin for the first time in several months.
- The current phase of sideways consolidation for Bitcoin may provide a conducive environment for altcoins to gain traction.

This development is crucial for traders and holders as it indicates potential opportunities in the altcoin market. The correlation between Bitcoin's performance and altcoin rallies can signal the right timing for investment strategies.

#Bitcoin #Altcoins #Ethereum #XRP #cryptocurrencies #market
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Rates: BTC: $110,425.00 • ETH: $4,359.57 • XRP: $2.82

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XRP Price Prediction: XRP Tumbles As Gemini Overtakes Coinbase On App Store After XRP Credit Card Launch With Ripple Labs

- XRP price has decreased by 1.5% over the last 24 hours, currently trading at $2.90.
- Daily trading volume for XRP has fallen by 7.7%, now at $7.02 million.
- Gemini has surpassed Coinbase in app store rankings, indicating a shift in user interest within the cryptocurrency space.
- The launch of the XRP credit card in partnership with Ripple Labs may influence market dynamics and user adoption.

This recent price drop and the decline in trading volume could signal a cautious market sentiment among traders and holders. The competition between cryptocurrency platforms, exemplified by Gemini's rise, may also impact XRP's market positioning and future performance. Understanding these trends is crucial for making informed trading decisions.

#XRP #Ripple #cryptocurrencies #market #trading #altcoins
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Rates: BTC: $112,050.00 • ETH: $4,329.67 • XRP: $2.95

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CRYPTO PUMPS AFTER JEROME POWELL SPEECH, ETH CLOSE TO ATH, ALTS & MEMES PUMP

- Bitcoin experienced a slip following a hawkish tone from the Fed, with market observers keeping a close watch on the Jackson Hole meeting today.
- Bitcoin ETFs are currently on a five-day losing streak, indicating potential investor caution.
- Ethereum is showing signs of significant growth potential, with JP Morgan highlighting its poised position for a meteoric rise.
- Notable predictions suggest Ethereum could reach $20,000 in this market cycle, according to industry expert Hayes.
- The Commodity Futures Trading Commission (CFTC) has initiated a 'Crypto Sprint Initiative' to enhance regulatory clarity in the sector.
- In international developments, China’s family offices are reportedly allocating 5% of their investments to cryptocurrency, signaling growing institutional interest.

This digest highlights the current dynamics in the cryptocurrency market post-Powell's speech. The mixed signals from traditional finance and the positive outlook for Ethereum suggest a volatile yet potentially rewarding environment for traders and holders. The ongoing developments in regulation and institutional interest further underline the importance of staying informed.

#BTC #ETH #cryptocurrencies #market #altcoins #crypto
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Rates: BTC: $113,994.00 • ETH: $4,425.94 • XRP: $3.00

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The best option during drawdowns is holding or staking. ❤️
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XRP$XRP : Rejected again at the $2.18 resistance, but this time the selling pressure looks like it’s finally fading that’s the first solid positive sign on this chart.


Holding above $2 is tough but key. If it breaks, we’re likely heading toward $1.87 with a chance of making new lows. For any real reversal, we need clean closes above $2.20 anything less won’t cut it.
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The Fed will announce its rate hike today.
If there's a cut, cryptocurrency will rise again.
Is everyone expecting a New Year's rally? Put on some lights.
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