- Technology and Usage: XRP is designed to facilitate fast and inexpensive cross-border payments. Ripple, the company behind XRP, is working on partnerships with financial institutions, which could help its adoption.
- Legal Developments: The legal battle with the SEC in the United States has been a major factor of uncertainty for XRP. The resolution of this dispute could have a significant impact on its price and future adoption.
- Market Sentiment: Opinions are divided. Some see XRP as a long-term investment with significant growth potential, while others are more skeptical due to its regulatory challenges and competition from new technologies.
- Short-Term (2024): According to various analyses and forecasts found on the web, the price of XRP could reach a maximum of $3.00 in December 2024, with an average around $2.45.
- Medium Term: - 2027: A minimum price of $8.54 is forecast, an average of $8.85, and a maximum of $10.34. - 2028: A minimum of $12.29, an average of $12.73, and a maximum of $14.83 are suggested. - 2029: The forecast is for a minimum of $17.87, an average of $18.50, and a maximum of $22.24. - 2030: XRP could reach a minimum of $25.70, with an average of $26.63.
Favorable Future?
- Yes: If Ripple successfully navigates the regulatory landscape and expands its adoption by financial institutions, XRP could see substantial growth. The integration of new technologies such as quantum-resistant cryptographic methods could also play a positive role.
No: Regulatory challenges, competition from other cryptocurrencies and payment technologies, and a possible stagnation in innovation could hamper its growth. So who’s stocking up on coins?$XRP #RippleXRP
Ripple CEO Confirms When His “60 Minutes” Interview Will Air
Ripple CEO Confirms When His “60 Minutes” Interview Will Air
Ripple CEO Brad Garlinghouse has confirmed that his highly anticipated interview with the renowned news program 60 Minutes will air on December 8, 2024. This announcement, made via his official X account, comes at a critical time for the cryptocurrency industry as it continues its push for regulatory clarity in the U.S. Garlinghouse’s appearance on 60 Minutes is a landmark moment for Ripple and the broader blockchain industry. According to Garlinghouse, the interview is “about crypto’s fight for regulatory clarity in the U.S.” It is expected to spotlight Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC), and the company’s influence in the U.S. political landscape. The XRP Lawsuit Ripple and the SEC have been in a legal battle since December 2020, and Ripple. The lawsuit accused Ripple of illegally selling XRP as an unregistered security. The court’s ruling in favor of Ripple in July 2023 has been hailed as a pivotal event, with many suggesting it could reshape how cryptocurrencies are regulated in the U.S. Despite multiple losses and a conclusion to the lawsuit in August of this year, the SEC filed an appeal, attempting to pull Ripple back into the courts and potentially suppress XRP. During the interview, Garlinghouse would discuss the company’s issues with the SEC, and potential steps forward now that Donald Trump’s pro-crypto administration is about to take over the White House. Ripple’s Influence in Politics The teaser video shared by 60 Minutes highlights Ripple’s growing influence in U.S. politics. This is a major reason Ripple is getting featured on 60 Minutes. 85% of candidates for U.S. Congress supported by Ripple won their elections. This incredible feat shows that the voices of the crypto community matter in U.S. politics. This could be a major talking point during the interview, along with broader issues within the cryptocurrency sector, including the ongoing regulatory debate in the United States. Garlinghouse has been vocal about the need for clear and consistent guidelines to support innovation while protecting consumers. 60 Minutes is the longest-running investigative news show in the U.S. This well-respected platform will give Garlinghouse a chance to tell Ripple’s side of the story to a broad audience and act as a voice for the crypto market in America. #Ripple #XRP #Altcoin #Garlinghouse #CryptoNews
Go go go #shiba⚡ If you smeeeeeell what the $SHIB is cooking ?
BMO254
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US Moves Over 54B SHIB
Specifically, the U.S. government transferred 54,897,092,549 (54.89 billion) SHIB tokens to the Ethereum wallet ‘0x9…Cb0’. With Shiba Inu currently trading at $0.00003058, the tokens are worth around $1.67 million.
Following the transaction, the sending wallet, which had links to the United States government, no longer own any SHIB tokens. In the meantime, the recipient wallet, with a total crypto portfolio of $33 million, has retained the assets.
US Government Sees Huge Return on Shiba Inu Holding The U.S. government has been holding the 54.89 billion SHIB tokens since earlier this year. In August, The Crypto Basic reported that the tokens were valued at $729,581, each priced at $0.00001329. Interestingly, the value has skyrocketed by 128.89% in less than four months to $1.67 million.
This follows a surge in Shiba Inu’s price, which began last month after the U.S. election. In particular, Shiba Inu has rallied by nearly 100% since the November 5 election, soaring from around $0.000017 to $0.000033 on December 1.
Currently, Shiba Inu is trading above the $0.00003 mark, with a unit priced at $0.00003058. #shiba⚡ #Shiba #Shibainuholder
Dogecoin is making headlines again with a 4.5% increase in one hour, stabilizing around $0.4497! 🌟 As the altcoin market sees renewed interest, DOGE seems to be benefiting from the slight decline in Bitcoin and Ethereum dominance. The burning question: Can Dogecoin exceed your expectations at the end of the year?
Rumors and discussions around community initiatives and potential announcements only fan the flames. 🔥 In addition to Elon Musk's Tweet, is it time for DOGE to roar again?
💬 Share your predictions and opinions: DOGE on the way to $1 or more? Opportunities could present themselves sooner than you think! 🤑