Noticias

According to Odaily, Ripple has issued a stern warning on the social media platform X, emphasizing that no one from the company, including CEO Brad Garlinghouse, CTO David Schwartz, President Monica Long, and Chief Legal Officer Stuart Alderoty, will ever request users to transfer XRP. Ripple highlighted the correlation between the rise in cryptocurrency markets and an increase in fraudulent activities. The company stated, "The surge in the cryptocurrency market means a rise in scams. We remind you that Ripple will never ask you to send XRP. Neither Brad, David, Monica, Stu, nor anyone else from Ripple will make such a request. Please remain vigilant." This warning comes amid growing concerns over scams targeting cryptocurrency users. As the market experiences upward trends, fraudulent schemes often become more prevalent, exploiting the excitement and potential for quick gains. Ripple's advisory serves as a crucial reminder for users to exercise caution and verify any requests for cryptocurrency transfers, especially those claiming to be from reputable sources. The company urges users to stay alert and protect their assets from potential scams.

According to Odaily, Grayscale has announced on the X platform that its Grayscale XRP Trust is now accessible to qualified investors interested in investing in XRP. This fund supports the distributed XRP ledger, which is utilized for cross-border payments. The opening of the Grayscale XRP Trust marks a significant development for investors seeking exposure to XRP, a digital asset known for its role in facilitating international transactions. By providing a structured investment vehicle, Grayscale aims to offer a secure and regulated means for investors to engage with the XRP market. This move aligns with the growing interest in digital currencies and blockchain technology, particularly in the realm of cross-border financial transactions. Grayscale's initiative reflects the increasing demand for diversified investment options within the cryptocurrency sector. As digital assets continue to gain traction, investment trusts like the Grayscale XRP Trust provide a pathway for institutional and accredited investors to participate in the evolving digital economy. The trust's focus on the XRP ledger underscores its potential in enhancing the efficiency and speed of cross-border payments, a critical aspect of global financial systems.

According to Odaily, recent data from Infinite Market Cap reveals that XRP's market capitalization has reached new heights, surpassing both Uber and Siemens in the global asset rankings. XRP has climbed 68 positions to secure the 1114th spot on the list. The current market cap of XRP is approximately $154.22 billion, reflecting a 24-hour increase of 41.77%. In comparison, Siemens holds a market cap of about $153.36 billion, while Uber's market cap stands at approximately $153.19 billion. This significant rise in XRP's market value highlights its growing influence in the financial markets. The cryptocurrency's impressive performance over the past day has allowed it to overtake major global companies, showcasing the dynamic nature of digital assets in the current economic landscape. As XRP continues to gain traction, its position in the market rankings could further evolve, potentially impacting investor interest and market dynamics.

According to Binance market data, XRP has reached a new all-time high of $2.6689 USDT and is currently trading at $2.6421 USDT, this marks an impressive 24-hour price increase of 37.61%.

According to PANews, data from Coinglass indicates that the open interest in XRP futures has reached a historic peak of $3.99 billion. As of now, the open interest stands at approximately $3.92 billion. This milestone highlights the growing interest and activity in the XRP futures market, reflecting increased investor engagement and speculation. The surge in open interest could be attributed to various market dynamics and investor strategies, as traders position themselves in anticipation of future price movements. This development is significant in the context of the broader cryptocurrency market, where fluctuations in futures contracts can have substantial impacts on market sentiment and pricing. The record-setting open interest underscores the evolving landscape of digital asset trading and the pivotal role of futures contracts in providing liquidity and hedging opportunities for market participants. As the market continues to mature, the implications of such trends will be closely monitored by investors and analysts alike.

According to BlockBeats, on December 2, market sources revealed that global ETF provider WisdomTree has submitted an S-1 registration document to the United States Securities and Exchange Commission (SEC) for an XRP Exchange-Traded Fund (ETF). This move marks a significant step in the financial sector as WisdomTree seeks to expand its offerings in the cryptocurrency market.The filing of the S-1 registration is a crucial step in the process of launching an ETF, as it provides detailed information about the fund's structure, investment strategy, and potential risks to the SEC. 

According to Odaily, Nate Geraci, President of The ETF Store, recently shared on X that three ETF applications have been submitted to hold XRP, the third-largest cryptocurrency by market capitalization. The applications have been filed by Bitwise, Canary, and 21Shares, indicating a growing interest in XRP-based financial products. Geraci speculates that other issuers may also enter the fray, potentially increasing the number of XRP ETF offerings in the market. 

According to Odaily, XRP has recently overtaken USDT in market capitalization, reclaiming its position as the third-largest cryptocurrency. This development marks a return to its status before the SEC's lawsuit against Ripple. Back in June 2018, prior to a significant speech by William Hinman, the SEC had considered Bitcoin and Ethereum as non-securities due to their 'sufficient decentralization.' At that time, XRP was the second-largest cryptocurrency by market capitalization, trailing only Ethereum.Following Hinman's speech, Ethereum's market capitalization surpassed that of XRP by November 2018. The Ripple case has brought to light the so-called 'Hinman emails,' which reveal that some SEC officials had differing opinions on the speech's content. These officials expressed concerns that the speech might impact the regulatory status of other cryptocurrencies. Six years later, the regulatory status of many cryptocurrencies remains uncertain.

According to Odaily, Solana's co-founder, Anatoly Yakovenko, recently expressed his views on the need for a national XRP reserve. 

According to the latest data from Infinite Market Cap, XRP’s market capitalization has surpassed $110 billion, reaching a record high of $110.5 billion. Over the past seven days, XRP has surged by 33.91%, reflecting strong market momentum.This milestone marks a significant leap in XRP’s global asset ranking, climbing 13 places to secure the 176th spot. XRP now ranks above luxury giant Dior and semiconductor powerhouse Micron Technology, highlighting its growing prominence among the world’s largest assets.The recent rally underscores heightened investor interest in XRP, further solidifying its position as one of the leading cryptocurrencies by market value. The surge comes amid broader optimism in the crypto space, with XRP's performance drawing attention from both retail and institutional investors.

According to Odaily, former CFTC Chairman Chris Giancarlo recently shared his insights on the ongoing lawsuit filed by the U.S. Securities and Exchange Commission (SEC) against Ripple concerning the issuance of XRP. The SEC has accused Ripple of violating securities laws with its issuance of XRP. A federal court has ruled that some aspects of the issuance meet the criteria for securities, while others do not. Giancarlo suggested that the SEC should reconsider its approach, especially in light of recent legal outcomes and the potential for changes in the regulatory landscape. When asked whether the SEC might drop its lawsuit against Ripple, Giancarlo expressed his belief that they should and predicted that they likely will.

According to Odaily, Whale Alert has reported that a significant transaction involving XRP tokens occurred recently. At 8:08:11 AM UTC+8, a total of 5 billion XRP tokens were unlocked from unknown wallets. This transaction was executed in two separate transfers, with the total value of the tokens exceeding $970 million. The unlocking of such a large amount of XRP has drawn attention within the cryptocurrency community, as it could potentially impact the market dynamics of the digital asset. The identity of the wallets involved remains undisclosed, adding an element of mystery to the transaction. This event highlights the ongoing movements and activities within the cryptocurrency space, where large-scale transactions can occur without prior notice. The unlocking of XRP tokens is a significant event, given the substantial value associated with the transaction. Market participants and analysts are likely to monitor the situation closely to assess any potential effects on the XRP market. The cryptocurrency market is known for its volatility, and such large transactions can influence price movements and trading volumes. As the situation develops, further analysis may provide insights into the motivations behind the unlocking and its implications for the broader market.

Binance market data shows that XRP has surged past 1.90 USDT, marking its highest price level since April 2021. The recent rally signals renewed investor interest in the cryptocurrency, as XRP’s price reaches a peak not seen in over three years.

According to U.Today, a significant XRP transaction was recently detected, involving the transfer of 35 million XRP, valued at approximately $58.29 million, between two unidentified wallets. This movement was reported by Whale Alert, a service that tracks large cryptocurrency transactions. Such transfers often attract attention from market participants, particularly when the addresses involved are unknown, as they can be perceived as potential indicators of price manipulation. Given the current performance of XRP, these transactions could significantly influence investor sentiment. The transaction was conducted between the addresses "rBEc94" and "rsX8cp," both of which remain unidentified according to the tracking service. However, data from XRPL explorers like Bithomb suggest that these addresses are linked to the large brokerage platform Uphold. Uphold is notable for its continued support of XRP during the regulatory challenges posed by the SEC v. Ripple court case. The platform reportedly holds nearly $3.85 billion in XRP user funds, with a coverage ratio of 100%. XRP trades constitute 26.23% of Uphold's total trading volume, with the number of transactions reaching 22.3 million. This substantial transfer, amounting to nearly $60 million, appears to be an internal operation of the Uphold platform. Interestingly, the timing of the transfer coincided with a brief fluctuation in XRP's price, which dropped by over 1.5% within six minutes of the transaction but subsequently rose by 1.87%. Such price movements following large transactions can lead to speculation about market manipulation, although in this case, it seems to be a routine internal transfer by a major token platform.

According to Binance market data, XRP has broken through the 1.75 USDT mark and is currently trading at 1.7576 USDT, reflecting a 24-hour increase of 20.39%.

According to U.Today, the price of XRP has reached $1.66, marking a significant rally that aligns with the Elliott Wave Theory. This theory suggests that XRP might be entering the crucial third wave of its price movement, often considered the strongest and longest wave in an upward trend. If the momentum continues to build, XRP could achieve notable price levels during this phase. XRP's recent price movements have seen it break above $1.00 and consolidate around $1.30, forming what appears to be the first and second waves in the Elliott Wave pattern. The current price surge, characterized by high trading volume and strong momentum, represents the third wave. This wave typically outperforms others in terms of price growth as it attracts new buyers and strengthens bullish sentiment. The first target for XRP during this wave is the psychological resistance zone of $1.80, which aligns with past price action. Beyond this, $2.00 emerges as the next significant level, acting as a benchmark and potential draw for traders. If XRP surpasses this level, it could encourage more FOMO (fear of missing out) purchases. Additionally, $2.20 might serve as the upper extension of the third wave if the rally continues. However, if the price falls below $1.30, a crucial support level, it may indicate a weakening trend and invalidate the wave structure. The current movement of XRP is somewhat consistent with the Elliott Wave Theory, suggesting a continuation of the current trend. It is important to note that trading volume remains a key driving force for the asset's price movement.

According to CoinDesk, XRP experienced a notable increase of over 5% in the past 24 hours, leading gains among major cryptocurrencies. This rise occurred during the Thanksgiving holiday, a period when bitcoin (BTC) managed to avoid a historically feared market downturn, instead showing a slight increase. BTC was trading above $96,000 early Friday, recovering from Thursday's low of $93,500. Meanwhile, other major cryptocurrencies such as Ether (ETH), Solana’s SOL, and BNB remained relatively stable. Cardano’s ADA saw a 3.5% increase, whereas dogecoin (DOGE) experienced a 1.2% decline. The CoinDesk 20 (CD20), a liquid fund tracking major tokens, recorded a 1.3% increase.In the midcap sector, Algorand’s ALGO and Worldcoin’s WLD surged by as much as 21%, despite the absence of immediate catalysts. These movements in the crypto market coincided with significant developments in the foreign exchange market, particularly involving the Japanese yen. The yen briefly surpassed the 150 mark against the U.S. dollar, driven by expectations of a potential Bank of Japan (BOJ) rate hike in December. This anticipation was fueled by higher-than-expected inflation data from Tokyo. The yen's movement was likely intensified by month-end financial adjustments and reduced liquidity due to the Thanksgiving holiday. Market sentiment currently suggests a 63% probability of a BOJ rate increase, contrasting with a 67% likelihood of a Federal Reserve rate cut, which could diminish the appeal of yen carry trades.The yen is often regarded as an "anti-risk" currency, serving as a safe haven for investors during periods of market stress. Its strong performance at the end of July and September previously triggered the unwinding of carry trades, which are bullish risk-on bets financed by relatively inexpensive yen-denominated loans. As borrowing the Japanese currency became more costly, these trades were unwound. A recent CoinDesk analysis indicated that bitcoin's bullish momentum has weakened, with the Australian dollar/yen exchange rate declining, signaling a risk-off sentiment. The Australian dollar, closely tied to global economic health, and the yen typically have an inverse relationship with risk assets like BTC. This situation mirrors a previous instance when rumors of a BOJ rate hike led to a yen surge, resulting in an 8% drop in the AUD/JPY exchange rate and a $20,000 decrease in BTC, highlighting the potential impact of foreign exchange movements on cryptocurrencies.

According to ShibDaily, Christopher Giancarlo, the former Chairman of the Commodity Futures Trading Commission (CFTC), has indicated that the U.S. Securities and Exchange Commission (SEC) might consider dropping its lawsuit against Ripple. In a recent interview with FOX Business, Giancarlo discussed the broader landscape of cryptocurrency regulation and the increasing influence of the CFTC in this domain. During the interview, FOX Business Senior Correspondent Charles Gasparino asked Giancarlo about the likelihood of the SEC reassessing its legal stance against Ripple, especially in the context of a potential Donald Trump presidency. Giancarlo suggested that the SEC should review cases it has lost at the trial court level and contemplate dismissing them. His comments suggest that new leadership at the SEC could decide to abandon the Ripple case, particularly following a recent court decision. The SEC initiated legal action against Ripple Labs in December 2020, accusing the company of raising $1.3 billion through the sale of XRP, which it claimed was an unregistered security. In July 2023, U.S. District Judge Analisa Torres delivered a mixed ruling, stating that Ripple’s programmatic XRP sales via cryptocurrency exchanges did not qualify as securities transactions under federal law. However, she also determined that Ripple’s direct sales of XRP to institutional investors did constitute securities transactions. Both Ripple and the SEC have filed appeals, with more detailed arguments expected in the coming months. Giancarlo, who is often referred to as “Crypto Dad,” is reportedly a leading candidate for the role of “Crypto Czar” under President-elect Donald Trump. Trump’s transition team is considering the establishment of a new White House position aimed at coordinating cryptocurrency policy. This role, potentially titled “Crypto Czar,” would provide direct access to President-elect Trump and serve as a central policy coordinator across federal agencies. The article emphasizes that it is intended for informational purposes only and should not be interpreted as financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.

According to U.Today, RippleX has issued an important update concerning the XRP Ledger following a recent bug incident that affected the network. On November 25, 2024, at 1:39 p.m. UTC, the XRP Ledger encountered a problem where several nodes crashed and restarted simultaneously, causing a temporary halt in transaction processing for about 10 minutes. During this period, the network's consensus mechanism prioritized safety over progress, ensuring no funds were lost. By 1:49 p.m. UTC, the network resumed normal operations. Brad Chase, Vice President at RippleX, addressed the community in a social media post, providing insights into the cause of the incident and the steps taken to resolve it. The issue originated from a bug introduced over six months ago, which caused the caching layer of the 'rippled' software to return inconsistent results, leading to server crashes. Although the bug went unnoticed during testing, it was discovered at the end of the testing phase for rippled version 2.3.0. A fix was developed and released internally, and the RippleX team worked closely with the community and UNL operators to implement updates and secure the network. The community's prompt response to the update has been commendable, with 33 out of 35 validators on the default UNL and nearly half of known servers already upgraded to rippled 2.3.0. However, unpatched nodes remain vulnerable, and RippleX urges all users to update their infrastructure to the latest version. To mitigate risks for unpatched users, RippleX plans to withhold specific technical details until most servers have been upgraded. Node operators have until December 12 to complete the upgrade, after which more technical information will be shared. This delay in sharing details is intended to prevent potential exploitation of the bug by malicious actors. RippleX emphasizes the importance of upgrading to version 2.3.0 promptly to ensure network security.