XRP Community Gains New Rewards With Ripple’s RLUSD Stablecoin Launch

December 17, 2024 Bitcoin.com

bitcoin.com

Ripple’s RLUSD stablecoin debuts on Uphold, offering rewards and exclusive benefits, solidifying its role in digital payments and boosting value for XRP investors. Ripple’s RLUSD Launches on Uphold—Where XRP Community Gains More Uphold, a leading Web3 financial platform, has confirmed that Ripple’s new USD-backed stablecoin, RLUSD, will be fully accessible on its platform starting Dec. […]

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

Ripple Exec Warns of RLUSD Supply Shortages, Advises Against FOMO Buying

December 17, 2024 Bitcoin.com

bitcoin.com

Ripple’s RLUSD stablecoin launch sparks a warning against “FOMO,” as early supply shortages could cause temporary price spikes before stabilizing near $1. RLUSD Launch Warning: Why Ripple CTO Urges Caution Amid Initial Supply Issues Ripple’s chief technology officer, David Schwartz, has issued a measured warning about early price volatility for the company’s U.S. dollar-backed stablecoin, […]

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

Ripple’s Stablecoin Is Here: RLUSD Goes Live on These Exchanges

December 17, 2024 Bitcoin.com

bitcoin.com

Ripple’s groundbreaking RLUSD stablecoin launches on Tuesday, set to transform global payments with instant settlements, defi integration, and unrivaled regulatory compliance. Ripple Launches RLUSD Stablecoin: The Revolution in Global Payments Begins Ripple is gearing up for the global debut of Ripple USD (RLUSD), an enterprise-grade stablecoin launching on Dec. 17. Designed for trust, utility, and […]

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

Ripple USD stablecoin set for trading debut tomorrow

December 16, 2024 Coin Telegraph

Coin Telegraph

Ripple’s RLUSD stablecoin is set for its trading debut on Dec. 17 on platforms including Uphold, MoonPay, Archax and CoinMENA, the company said.

Ripple, the blockchain company behind XRP, confirmed that its Ripple USD (RLUSD) stablecoin will begin trading globally tomorrow, Dec. 17.

RLUSD, a new United States dollar-backed stablecoin developed by Ripple, is set for a global exchange debut, the firm announced to Cointelegraph on Monday, Dec. 16.

The announcement came after the New York Department of Financial Services (NYDFS) approved the RLUSD launch, on Dec. 10, greenlighting the stablecoin’s entrance into global financial and cryptocurrency markets.

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

Ripple CTO says to expect shortage of RLUSD at launch, but don’t FOMO

December 16, 2024 Coin Telegraph

brad gralinghouse

One trader has set a $1,200 bid for one RLUSD, an early warning sign there could be massive volatility when Ripple’s RLUSD stablecoin launches.

Ripple’s chief technology officer, David Schwartz, says there could be potential “supply shortages” in the early days of Ripple’s US Dollar-pegged stablecoin but is warning investors not to “FOMO.”

In a Dec. 15 post to X, Schwartz said he expects outsized volatility for RippleUSD (RLUSD) stablecoin immediately following its launch, with several large orders for the token despite being designed to maintain a 1:1 parity with the US dollar.

He noted that some small initial pre-market bids for the currently unreleased stablecoin were artificially inflating its value before its launch — responding to a post on X, which showed 1 RLUSD being valued at roughly 511 XRP (XRP) — worth $1,244 at current prices — on a Ripple wallet called Xaman.

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

RLUSD stablecoin will increase demand for XRP — Axelar co-founder

December 15, 2024 Coin Telegraph

Bull run

According to data from CoinMarketCap, XRP has a maximum supply of 100 billion tokens, with approximately 57 billion XRP circulating.

XRP (XRP) experienced a historic rally in November 2024 due to political tailwinds and new ecosystem developments. Georgios Vlachos, co-founder of the Axelar open-source interoperability platform, told Cointelegraph that the upcoming RLUSD stablecoin will likely boost demand for XRP in 2025.

Vlachos said that many people, including those in emerging economies, use stablecoins as a method of transaction and a store of value. RLUSD transactions and remittances will mostly settle on the XRP Ledger (XRPL) and the XRP-EVM sidechain, driving demand for XRP. Vlachos told Cointelegraph:

XRP climbed to a seven-year high of approximately $2.90 on Dec. 3, 2024, but pulled back to current price levels after the Relative Strength Index (RSI) hit 95, indicating the asset was overbought. Despite the pullback, several catalysts have sustained investor attention for XRP going into 2025.

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

Ripple Legal Chief Calls out SEC Commissioner: ‘Even More Rogue Than Gensler’

December 13, 2024 Bitcoin.com

bitcoin.com

Ripple’s legal chief criticized SEC Commissioner Caroline Crenshaw as “more rogue than Gensler,” accusing her of defying court rulings. SEC Commissioner Caroline Crenshaw Faces Growing Opposition From Crypto Industry Ripple’s chief legal officer, Stuart Alderoty, took to social media platform X on Wednesday to comment on the renomination of U.S. Securities and Exchange Commission (SEC) […]

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

Price analysis 12/11: BTC, ETH, XRP, SOL, BNB, DOGE, ADA, AVAX, TON, SHIB

December 11, 2024 Coin Telegraph

Avalanche

Bitcoin’s rally above $100,000 has improved sentiment, triggering a strong recovery in several altcoins.

Bitcoin (BTC) found support near $94,000 on Dec. 10, and the bulls made a solid recovery on Dec. 11. The price soared back above the psychologically crucial level of $100,000 after November’s inflation report met economists’ projections. According to the FedWatch Tool, the probability of a 25-basis point rate cut in the next meeting has risen to more than 96%. That could prove to be bullish for risky assets.

Bitwise investment chief Matt Hougan and research head Ryan Rasmussen said in a report that Bitcoin could cross $200,000 by the end of 2025. Along with Bitcoin, the duo is also bullish on Ether (ETH) and Solana (SOL), expecting them to rise to $7,000 and $750, respectively.

Crypto market data daily view. Source: Coin360

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

Ripple’s Stablecoin Approved: RLUSD Launch Could Supercharge XRP Demand

December 11, 2024 Bitcoin.com

bitcoin.com

Ripple’s RLUSD stablecoin is launching imminently with NYDFS approval, poised to ignite XRP liquidity and ecosystem growth across major blockchains and partner platforms. Regulatory Green Light: Ripple’s Stablecoin Launch Is Around the Corner Ripple disclosed the forthcoming introduction of its stablecoin, RLUSD, on social media platform X Tuesday. The company emphasized the importance of vigilance […]

XRP Whales Eye XRPTurbo Token Launch As Analysts Predict $XRT As The Next Virtuals Of The Ripple Ecosystem

Ripple CEO Blasts 60 Minutes Interview Edit: Some Things Were Left Out

December 10, 2024 Bitcoin.com

60 Minutes

Brad Garlinghosue, CEO of Ripple, a crypto and payment services company, blasted an interview given to 60 Minutes about XRP and the utility of cryptocurrency. Garlinghouse stated that some things were left out and that the program was wrong in presenting crypto as a solution in search of a problem. Ripple CEO Brad Garlinghouse Criticizes […]

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