XRP price breaks 3.5-year downtrend as analyst predicts $200

September 30, 2024 Coin Telegraph

XRP price breaks 3.5-year downtrend as analyst predicts 0

XRP's gains of 36.83% this quarter is its highest quarterly rise since Q1 2023.

XRP price closed another week up 9.19%, overcoming previous overhead resistance at $0.60. It is currently up 14.69% for the month and on its way to closing its strongest quarterly return since Q1, 2023, which was 15 months ago.

Also read: XRP leads crypto weekend gains fueled by surging open interest

When XRP was declared “not a security” on July 13, 2023, it rallied as high as $0.95, but the monthly close was at $0.69. XRP has consolidated sideways for over a year ever since, but its current monthly returns have breached a major downtrend pattern that has been active for over 3.5 years.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Bitcoin’s strong monthly close could spark a rally in XRP, TAO, RUNE and SEI

September 29, 2024 Coin Telegraph

Bitcoin

Bitcoin is en route to locking in a historic monthly performance, which could set a bullish path for XRP, TAO, RUNE, and SEI.

Bitcoin (BTC) has failed to run up following the breakout above $65,000, but a positive sign is that the bulls have not given up much ground. This suggests that the buyers are holding on to their positions as they expect the up move to extend further.

The United States-based spot Bitcoin exchange-traded funds witnessed inflows of $1.1 billion last week, the largest weekly flows since July 15-19. This shows that the sentiment has turned positive. The rally pushed the Crypto Fear & Greed Index into the greed territory at 63 on Sept. 29.

Crypto market data daily view. Source: Coin360

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

XRP leads crypto weekend gains fueled by surging open interest

September 29, 2024 Coin Telegraph

Altcoins

XRP shows strength against the US dollar as open interest surges. Is a move beyond $1 realistic?

XRP (XRP) price was up 5% to trade at $0.6278 on Sept. 29. This is part of a prevailing recovery that began on Sept. 6 and has seen the remittance token rise more than 10% over the last 30 days, fueled by a significant increase in its open interest.

Data from Cointelegraph Markets Pro and TradingView shows XRP rose from a low of $0.5027 on Sept. 6, climbing as much as 26% to an intraday high of $0.6335 on Sept. 29.

BTC/USD daily chart. Source: TradingView

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Price analysis 9/23: SPX, DXY, BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA

September 23, 2024 Coin Telegraph

Bitcoin

Bitcoin bears are defending the $65,000 resistance, but if it gives way, BTC and altcoins are likely to chase new all-time highs.

Bitcoin’s (BTC) rejection near the $65,000 resistance shows that the bears want to keep the price inside the lower half of the $54,000 to $73,777 range, but the bulls are not willing to give up easily. The latest 10x Research report pointed out that Bitcoin is ready for a rally, considering that it is entering the historically strong season from October to March.

Another bullish development for the cryptocurrency markets could be the aggressive 50 basis point rate cut by the Federal Reserve on Sept. 18. CoinShares’ latest weekly digital asset fund flows report said the rate cut could have triggered inflows of $321 million into digital asset investment products last week.

Daily cryptocurrency market performance. Source: Coin360

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Supreme Court of India’s Youtube Channel Hacked to Promote XRP Scam

September 21, 2024 Bitcoin.com

bitcoin.com

The Youtube channel of India’s Supreme Court was compromised, promoting a scam involving XRP cryptocurrency instead of its usual live hearings. The breach temporarily shut down the channel, but services resumed later that day. Ripple CEO Brad Garlinghouse responded, condemning the exploitation of crypto users. XRP Scam Promoted on Supreme Court of India’s Youtube Channel […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Dogecoin (DOGE) ‘Gearing Up for a Bullish Breakout,’ Says Crypto Analyst – Here’s What To Watch For

September 21, 2024 The Daily Hodl

ali martinez

The top meme asset Dogecoin (DOGE) could be “gearing up for a bullish breakout,” according to a popular crypto trader. The analyst Ali Martinez tells his 71,100 followers on the social media platform X that they should watch for two “key signals” indicating a possible DOGE breakout. Martinez says traders should monitor to see if […]

The post Dogecoin (DOGE) ‘Gearing Up for a Bullish Breakout,’ Says Crypto Analyst – Here’s What To Watch For appeared first on The Daily Hodl.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

SEC Regrets Confusion Over ‘Crypto Asset Securities’ — Ripple and Coinbase Weigh In

September 16, 2024 Bitcoin.com

Binance

Coinbase and Ripple legal chiefs, Paul Grewal and Stuart Alderoty, have criticized the U.S. Securities and Exchange Commission (SEC) for its inconsistent approach to classifying tokens as securities. Grewal referenced Footnote 6 in the SEC’s amended complaint against Binance, where the agency admitted creating confusion by labeling tokens as securities. He also pointed out the […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Crypto Asset Management Giant Grayscale Launches New XRP Trust After Axing Product in 2021

September 13, 2024 The Daily Hodl

Daily Hodl

The crypto asset management giant Grayscale launched a new XRP Trust after axing a similar product in 2021. The new trust is solely invested in XRP and offers investors a chance at exposure to “a protocol with an important real-world use case,” says Rayhaneh Sharif-Askary, Grayscale’s head of product & research. “By facilitating cross-border payments […]

The post Crypto Asset Management Giant Grayscale Launches New XRP Trust After Axing Product in 2021 appeared first on The Daily Hodl.

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems

September 13, 2024 Bitcoin.com

accredited investors

Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale’s head of product highlighted the potential of XRP to transform financial infrastructure. Grayscale Launches XRP Trust for […]

2021 Bull Run Déjà Vu? Altcoin Market Gains Momentum

Grayscale rolls out XRP trust in the US

September 12, 2024 The Crypto Briefing

Crypto Briefing

Grayscale's launch of the first XRP trust in the US could pave the way for future ETF conversions, impacting accredited investor access and regulatory dynamics.

The post Grayscale rolls out XRP trust in the US appeared first on Crypto Briefing.

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