Ripple CEO Brad Garlinghouse threw more light on RLUSD stablecoin, related regulations, and its case with the United States Securities and Exchange Commission. The crypto executive also addressed talks of an XRP ETF and lingering concerns about going public. The upcoming U.S. elections remain a big determinant of crypto regulations as candidates roll out plans for the sector.

Ripple CEO Tips Opportunity in Stablecoins

In a recent interview with the Thinking Crypto Podcast, Garlinghouse stated that the company’s huge stablecoin usage contributed to the present decision. At one point, Ripple was responsible for minting 20% of USDC due to its high institutional flows. This led to the conclusion that there is a present market opportunity as the firm drives velocity and liquidity in the market.

“… I kind of came to the conclusion that there is an opportunity here given that we are driving a lot of liquidity, and the fact frankly that we have a very strong balance sheet, we felt like there’s an opportunity for Ripple to play in this market. There’s lots of competition in crypto, this is for me more about growing the market.” 

Garlinghouse added that USDC will continue to soar while Tether will stay despite regulatory concerns in some jurisdictions. However, these regulatory roadblocks can lower the total market share of the asset with increased competition. On the part of RLUSD, he highlighted plans to become fully regulatory compliant and hopes the industry bags stablecoin regulation as early as next year.

Furthermore, the company stressed regulatory compliance when rolling out yields for users. Ripple has been in the SEC’s legal net following a long-standing lawsuit alleging the firm offered unregistered securities. The absence of crypto regulations has created headwinds in the United States market, leading to developer migrations to jurisdictions that offer clarity on rules.

Not Surprised By XRP ETF Applications

The recent applications for XRP ETF by big institutional firms sparked positive sentiments from many quarters. Garlinghouse added that he was surprised by the timing but not the outcome. Since the launch of Bitcoin ETFs in January, the Ripple CEO and other crypto executives have hinted more fund applications to the SEC.

According to him, it aligns with investor demands, pointing to Ethereum products and Solana filings, and presents XRP ETF applications. Finally, Garlinghouse noted that these products, as a new investment window, will bring more funds into the XRP ecosystem.

An analyst who foresaw Solana’s surge from $3 to $200 now predicts that five other cryptocurrencies could grow 100-fold in the next six months. This forecast comes from someone with a proven record in crypto predictions. Learn which altcoins could skyrocket and why this expert is so confident in their potential.

CYBRO Presale Soars Past $3 Million: A One-in-a-Million NeoBank Investment Opportunity

CYBRO is capturing the attention of crypto whales as its exclusive token presale quickly surges above $3 million. This cutting-edge NeoBank offers investors unparalleled opportunities to maximize their earnings in any market condition.

Experts predict a potential ROI of 1200%, with CYBRO tokens available at a presale price of just $0.03 each. This rare, technologically advanced project has already attracted prominent crypto whales and influencers, indicating strong confidence and interest.

In addition to tokens, CYBRO introduces special Points, offering even more opportunities for investors. Holders of these Points will automatically participate in the CYBRO Airdrop, where the more Points you hold, the more tokens you will receive. CYBRO distributes up to 1 million Points weekly, which can be earned by investing in DeFi Vaults in the CYBRO app.

Holders of CYBRO tokens will enjoy lucrative staking rewards, exclusive airdrops, cashback on purchases, reduced trading and lending fees, and a robust insurance program within the platform.

With only 21% of the total tokens available for this presale and approximately 80 million already sold, this is a golden opportunity for savvy investors to secure a stake in a project that’s truly one in a million.

>>>Join CYBRO and aim for future returns up to 1200%<<<

Cardano (ADA): Scalable and Sustainable Blockchain for Smart Contracts

Cardano is a major cryptocurrency offering a flexible and scalable blockchain platform for smart contracts. It enables the creation of decentralized finance apps, tokens, and games. Its native coin, ADA, allows users to store value, make payments, and stake on the network. Cardano stands out for its sustainable approach, using the Ouroboros proof-of-stake mechanism for energy efficiency. Unlike energy-intensive proof-of-work models, this makes it environmentally friendly. The blockchain is innovatively divided into two layers: one for transactions and another for smart contracts. This design enhances transaction processing capability, potentially handling up to a million transactions per second. Cardano’s native tokens provide secure, low-fee interactions with smart contracts, improving efficiency and scalability.

XRP: A Borderless Cryptocurrency with Fast and Secure Transactions

XRP is a cryptocurrency supported by the XRP Ledger. It is designed to be fast, low-cost, and open. Transactions on the XRP Ledger are borderless and resistant to censorship or counterfeiting. XRP operates on a decentralized system without a central authority, making transactions irreversible and secure. It does not require a bank account for settlements, which can make it accessible to many people. XRP was created by Jed McCaleb, Arthur Britto, and David Schwartz. The initial supply was 100 billion, with 80 billion gifted to Ripple for further development. Ripple uses XRP to improve network liquidity and support the ecosystem. The name XRP comes from “ripple credits,” reflecting its aim to facilitate seamless payment transfers across various currencies.

Arbitrum’s ARB Token Enhances Ethereum with Layer-2 Scaling Solution

Arbitrum’s ARB token offers a path to enhance Ethereum’s scalability and efficiency. Developed by Offchain Labs, Arbitrum is a Layer-2 solution that increases transaction speed and privacy. By employing optimistic rollups, it improves smart contract performance and lowers execution costs. ARB serves as a governance token, enabling holders to influence network decisions and engage in ecosystem development. With 10 billion initial tokens and a 2% maximum annual inflation rate, ARB is distributed among investors, DAOs, individual wallets, a DAO Treasury, and team members. The Arbitrum DAO oversees allocations, fostering a decentralized framework.

Litecoin: A Faster, Scalable Alternative for Everyday Transactions

Litecoin is a cryptocurrency created by Charlie Lee, a former Google engineer. It was designed to be a faster and more scalable alternative to Bitcoin. Litecoin aims to improve transaction speeds and prevent mining centralization. It uses a Scrypt hashing algorithm. Transactions are faster with a block time of 2.5 minutes. There is a larger coin supply of 84 million coins. Litecoin positions itself as “the silver to Bitcoin’s gold” for everyday transactions and micropayments. It has a focus on innovation, with upgrades like the MimbleWimble extension for enhanced privacy and scalability. Despite competition, Litecoin’s lower fees, faster transactions, and continuous improvements give it a unique place in digital finance. It offers a user-friendly and efficient payment solution.

Conclusion

While coins like ADA, XRP, ARB, and LTC show potential, their short-term growth may be limited. In contrast, CYBRO, an advanced DeFi platform, offers investors exceptional opportunities to boost their earnings through AI-driven yield aggregation on the Blast blockchain. With attractive staking rewards, exclusive airdrops, and cashback on purchases, CYBRO provides a superior user experience with seamless deposits and withdrawals. By focusing on transparency, compliance, and quality, CYBRO emerges as a promising project attracting significant interest from major crypto investors and influencers.

Site: https://cybro.io

Twitter: https://twitter.com/Cybro_io

Discord: https://discord.gg/xFMGDQPhrB

Telegram: https://t.me/cybro_io

Disclaimer: TheNewsCrypto does not endorse any content on this page. The content depicted in this press release does not represent any investment advice. TheNewsCrypto recommend our readers to make decisions based on their own research. TheNewsCrypto is not accountable for any damage or loss related to content, products, or services stated in this press release.

#XRP

Ripple (XRP) Extends Custody Functionality To Fintech InstitutionsSui (SUI) Welcomes USDC On Its BlockchainCutoshi (CUTO): Trending New DeFi Coin
Smart investors continuously seek and track new and emerging opportunities to outperform the markets. They invest in the right asset at the right time to maximize potential gains and generate tremendous wealth.
Investors look for new projects in uncertain market conditions that hint at explosive growth potential. Today, we will discuss the recent developments surrounding Ripple (XRP) and Sui (SUI) and also examine a new utility token, Cutoshi (CUTO), that is catching the smart money’s attention.
Ripple (XRP) Extends Custody Functionality To Fintech Institutions
Ripple (XRP) is a private organization that connects banks and payment providers with digital asset exchanges. Ripple is expanding its finance services via a new digital asset storage service called Ripple Custody. 
Ripple will allow banks and other financial institutions to securely store, manage, and transfer digital assets like crypto, fiat-based stablecoins, or real-world assets. Ripple (XRP) uses decentralized exchange to simplify and streamline low-cost asset trading with increased liquidity. 
The Ripple Custody platform will utilize anti-money laundering protocols to ensure institutions comply with financial regulations. It enables asset tokenization and uses the XRP ledger to allow the secure management and transfer of digital assets.
However, unclear legal regulations in different regions poses a significant challenge to custody platforms, and creates hurdles for Ripple to develop successful relationships with banks.
Sui (SUI) Welcomes USDC On Its Blockchain
Circle has recently announced plans to integrate USDC on the Sui blockchain, which will spark significant developments for the stablecoin and Sui (SUI). Circle intends to implement the Cross-Chain Transfer Protocol (CCTP) to enhance the Sui ecosystem by enabling seamless USDC transfers across various blockchains.
The merger opens new opportunities for expanding SUI functionality. Developers can build innovative decentralized apps (Dapps) and provide financial solutions like lending platforms and payment systems within the SUI ecosystem. This collaboration will boost USDC liquidity and expand Sui's (SUI) utility.
Adding USDC may also attract institutional investors to Sui (SUI) as a stable and reliable transaction provider. This would increase credibility and trust in the Sui blockchain, encouraging more partnerships.
Cutoshi (CUTO): Trending New DeFi Coin
Cutoshi is a new utility meme coin inspired by Satoshi Nakamoto’s teachings. Cutoshi (CUTO) promotes security, privacy, and freedom in blockchain and aims to increase DeFi participation.
Cutoshi is utilizing the power of meme culture to spread awareness about the benefits of decentralization. Its platform provides various DeFi features, including the Cutoshi DEX, Cutoshi Academy, NFTs, etc. The Cutoshi DEX is a multi-chain decentralized exchange platform that allows cross-chain asset swapping among users. It reduces transaction costs and saves time by allowing multi-chain trading.
The Cutoshi Academy explains complex blockchain and DeFi concepts to newcomers in a fun and engaging way. It simplifies the educational content to a level that reduces the entry barrier for starting out in crypto. 
The presale for Cutoshi’s native token, CUTO, is live and has progressed to the second stage. The current price of the token is $0.022, and it is expected to increase in the coming stages. Experts predict the listing price to be $0.4, providing a staggering 1,718.18% return on investment for early investors at this stage.

An analyst presumes that if XRP continues growing with the same percentage rate by March 2025 or Q1 2025, then price targets of $6.40 and $27 will be seen. This is based on historical price actions because XRP can be seen rallying within such a time frame. Though the targets appear quite ambitious, he uses previous performance as a sign for future gain and is setting up major growth opportunities for the owners of XRP.

According to crypto expert Egrag Crypto, XRP, which is currently trading at $0.53, has experienced impressive surges of 3,300% and 700% at different times, suggesting that significant price movements could happen as we approach March 1, 2025, or even sooner in the first quarter. Crucially, these forecasts are backed by technical analysis, chart patterns, and liquidity assessments, rather than mere optimism.

#XRP Bifrost Bridge ($6.4 & $27 Targets):

I know 95% of the #XRPArmy is feeling exhausted from the ongoing #SEC manipulation and the appeals process, which has been overwhelming due to misleading submissions and numerous delays.

But forget all of that noise! The real… pic.twitter.com/FQ6mOe83ET

— EGRAG CRYPTO (@egragcrypto) October 18, 2024

Technical Analysis And Market Sentiment

The forecast is mostly on-chain metrics about Bifrost Bridge moving up, almost in the same direction with big stocks as that of FANGMAN.

FANGMAN includes seven of the biggest tech companies or tech mega-caps of the world — Meta (Facebook), Amazon, Netflix, Alphabet (Google), Microsoft, Apple and Nvidia. FANGMAN stocks are high alpha counters, which usually depend on growth and future guidance.

This comparison says that even if it’s going through tough regulations and issues with the courts, XRP might be one of the biggest long-term benefits an investor could ever have by closing out the noise and just focusing on the data.

This move will have the pending case in the SEC cast as a huge boulder for the investors in XRP, with constant appeals and delays testing the patience of many investors. However, Egrag urges the XRP Army to keep moving forward with undivided attention.

Instead, it’s important to focus on these cycles and levels of liquidity since they are actually capable of providing various positive insights concerning long-term price trends. With this in mind, the wise investor would be able to determine the direction XRP’s price is headed.

A Resilient XRP Community

The litigation to be heard against the SEC will take time, but the battle will prove to be short-term when one weighs this against the long-term potential of the cryptocurrency.

What is different about the XRP community, which calls itself the XRP Army, from many other crypto communities, is its strength and resilience. Where the crypto communities often flinch before a challenge, the XRP Army holds the line in arguing for the utility value of XRP in real-world applications.

These analysts believe the community is flexible, emotionally supportive, and forward-looking, making them one of the most informed groups in the cryptocurrency landscape.

The Campaign For Clarity In The Crypto World

People are now calling for better cryptocurrency regulations that would push the XRP acceptance into the financial ecosystem, bring about higher community engagement, and prepare the cryptocurrency for practical adoption.

The optimism toward the long-term future of the cryptocurrency is barely dented by the legal battles and market volatility since the XRP community believes in the projections by Egrag Crypto through optimistic price targets, which are based on past data and current trends.

Featured image from Pexels, chart from TradingView

Source: NewsBTC.com

The post XRP Could Skyrocket Over 4,000%, Analyst Forecasts Price Hitting $27 appeared first on Crypto Breaking News.

Renowned crypto analyst, ‘Egrag Crypto’ took to X (formerly Twitter) to unveil three critical price targets for XRP in this bull cycle. Despite XRP price experiencing persistent stagnation, the analyst has projected a major price increase as high as 4,800% for the popular cryptocurrency. 

Major Resistance And Support Targets For XRP 

On 17 October, Egrag Crypto shared three major targets for the XRP price based on Channel B, a distinctive boundary XRP has struggled to breach for years. In the monthly time frame, XRP faces three primary resistance targets and three support marks. 

XRP price action within Channel B is constrained by key resistance levels that may dictate whether the cryptocurrency can break free from its long-term consolidation cycle. According to the analyst’s XRP price chart, the first major resistance level is seen around the $0.6450 price mark. Over the past few months, XRP has risen above $0.6, fueling hopes of a potential breakout but ultimately declining back to $0.5. 

A significant breakout from the $0.6450 level could signal a potential bullish momentum, but it would still remain within the bounds of Channel B. The second price target, $0.85 is a key target that XRP price has also struggled to maintain over the years. It also represents a mid-range of the entire XRP Channel B. 

Lastly, at the top end of Channel B and highlighting the most crucial resistance level is the $1.1 threshold. A sustained break from this critical resistance could mean XRP may finally escape Channel B and rally to new levels.

Additionally, assisting these key resistance levels are three major support levels. The first line of defense if XRP fails to hit $0.645 is the support level at $0.48. If the cryptocurrency also breaks down below $0.85, the next support can be seen at $0.38. Finally, if XRP fails to break through $1.1 resistance, it may find support around new lows at $0.28. 

XRP Bullish Price Targets 

While highlighting key resistance and support levels for XRP, Egrag Crypto also emphasized three bullish price targets for XRP if it can successfully close the monthly candle inside Channel B. The first major breakout target sees XRP potentially skyrocketing to $7.5, at the 1.236 Fibonacci retracement level. 

The next major cycle target is the 1.414 Fibonacci retracement level, with XRP price possibly surging to $13 and marking explosive all-time highs. The ultimate and final cycle target, according to Egrag Crypto, is the 1.618 Fibonacci retracement level. If XRP can reach this level, its price could skyrocket to $27, marking a monumental increase for the cryptocurrency and potentially positioning it among the top-performing digital assets in the market. 

It’s important to note that these predictions remain speculative, as XRP’s price at the time of writing is still trading at $0.54, according to CoinMarketCap.

Featured image from CPO Magazine, chart from TradingView

Source: NewsBTC.com

The post Crypto Analyst Sets 3 Major Targets For XRP Price, Going As High As 4,800% Return appeared first on Crypto Breaking News.

Egrag Crypto analyzes XRP's potential price surge from $2 to $15 via the Drop Zone.

The Drop Zone serves as a key trigger for XRP's upward price movement.

A new stability phase, Area B, could follow XRP’s leap to $15.

Egrag Crypto's latest analysis reveals a compelling outlook for Ripple (XRP). According to insights, XRP approaches a crucial "Drop Zone" that could trigger a significant price surge. This strategic zone serves as a trigger, potentially launching XRP from $2 to $15. Understanding this Drop Zone is key for grasping the momentum in the market.

https://twitter.com/egragcrypto/status/1847910798070284467 The Drop Zone Analogy: From Area A to Area B

Egrag Crypto describes Area A as a phase of comfortable consolidation for XRP. However, XRP has reached the edge of this Drop Zone, similar to a magnet pulling an object closer. Once inside, XRP transitioned to a new MACRO consolidation area—Area B. The next move appears clear: XRP needs to inch closer to Drop Zone B.

The $2 mark acts as the ignition switch. Once reaching this level, a jump to $15 seems almost certain. This projection is based on previous market movements. The transition from $0.15 to $2 featured a staggering volatility of 1,233.33%.

In contrast, Egrag notes that movement from $15 to $115 will show reduced volatility at 666.67%. While still significant, this reduction suggests greater stability in the higher price range, compared to the chaotic swings of the past.

What Lies Beyond: Area B and Stability

XRP’s journey doesn’t end at $15. Egrag Crypto anticipates a new consolidation zone called "Area B." This area will stretch between $15 and $115. Although some may find this target ambitious, Egrag argues that reduced volatility signals a more predictable market.

This newfound stability could attract more investors. In the end, the $2 mark could be the trigger for launching XRP into Drop Zone B. Once this ignition occurs, a new cycle begins with two-digit prices on the horizon.

Egrag’s analysis provides an optimistic yet calculated perspective, charting a clear path for XRP’s future. This journey promises to be less chaotic than earlier moves, offering hope and excitement for the XRP community.

The post Why XRP’s Next Leap Could Hit $15 Minimum: Drop Zone B Explained appeared first on Crypto News Land.

XRP has gone through a discouraging phase of rejection, failing to overcome a critical resistance level six times in a row. Every attempt to push higher has been met with resistance in the price action, making it difficult for XRP to build any bullish momentum. The price zone centered around $0.56 on the chart represents the resistance level that has proven to be a formidable obstacle for XRP.

The price has failed to close above this level on several occasions, and each time it does not the likelihood of a breakout is fading. A bullish reversal is not evident in XRP at this time, and the recent retracement implies that the asset may still experience short-term downside pressure.

XRP/USDT Chart by TradingView

As the price continues its downward trend, a number of support levels might offer some respite. As the initial stopping point for a possible drop, $0.51 is the first critical support zone. The next significant support, which corresponds with a psychological level for traders and investors, can be found around $0.50 if XRP is unable to hold above this level.

card

We may witness a further decline toward $0.48 if the selling pressure increases and XRP breaks below these crucial levels. This might signal a more significant retracement and prolong the asset's consolidation period. Bulls may not be fully committed to pushing XRP higher as indicated by the descending volume pattern, which only serves to increase uncertainty.

XRP is likely to continue its current downtrend unless there is a discernible shift in market sentiment or buying pressure. In this scenario the asset will likely encounter obstacles at significant resistance levels and depend on these crucial support zones to avert further losses.

In the ever-evolving cryptocurrency landscape, certain altcoins are capturing attention for their potential to deliver extraordinary returns by early 2025. Investors are on the lookout for digital assets that could offer significant growth, positioning themselves ahead of the next major market shifts. As the market dynamics change, a select few coins are emerging with promising prospects that could lead to remarkable gains. 

One standout is XYZVerse (XYZ), a memecoin that unites sports enthusiasts across disciplines by blending meme culture with athletic passion, aiming for substantial growth through community engagement and strategic partnerships.

Score Big with XYZ: The New Meme Coin Heavyweight

The fans are losing it! The XYZ token is in the crypto ring, landing blows on the competition – bullshit coins, worthless farming schemes, and scam projects. Like a true champ, this first-ever all-sports meme token has fought its way through the bear market with fearless momentum and shows no signs of slowing down. With eyes set on a roaring thousand-fold growth, XYZ is destined to leave the 2024 meme coin triumphants like BOME and WIF trailing in its wake.

💰 Own the field, earn while the crowd plays 💰

XYZ is more than just a benchwarmer in the meme coin game; it’s creating the ultimate playing field with XYZVerse, where the thrill of sports meets the energy of meme culture. With a roadmap equipped with entertainment dApps, prediction markets, and sports betting options, XYZ is poised to draw in millions of gamblers ready to join the action.

Remember Polymarket's massive $1 billion trading volume during the US election betting fever? XYZ is gearing up for an even bigger win in the GameFi arena, letting its stakeholders cash in on the perfect combo of meme coin vibes, sports hype, and crypto mass adoption.

💥 Missed meme coin supercycle? 💥

By capitalizing on the ever-expanding gambling niche, XYZ is set to become the G.O.A.T of meme coins. BOME’s 5,000% takeoff and WIF’s 1,000% year-to-date rally are now relics of the past because XYZ is set to explode by over 9,900% after the TGE and outshine its sensational predecessors. Get in the game early to secure your spot – currently undervalued, XYZ is going the distance to break new records!

🥇 Rallying the community, securing the win 🥇

XYZVerse will be the MVP in this bull run, giving the community the control to call the plays and steer the ecosystem's direction. Active contributors will receive airdropped XYZ tokens as a reward for their dedication. With rock-solid tokenomics and plans for both CEX/DEX listings, XYZ is positioned for a championship run, ensuring a steady revenue flow and consistent token burns to keep the scoreboard in favor of a strong price and a thriving community.  

>>The XYZ presale is live – don’t miss out on this knockout 99,900% opportunity!<<

XRP (XRP)

XRP is a digital currency that aims to make money transfers faster and cheaper. Supported by the XRP Ledger, it is quick, low-cost, open, and borderless. Unlike traditional banking, XRP operates without a central authority, making transactions secure and irreversible. You don't need a bank account to use it, which opens doors for people worldwide. Created by Jed McCaleb, Arthur Britto, and David Schwartz, XRP started with 100 billion units. They gave 80 billion to Ripple, the company enhancing the network and supporting its growth. Ripple placed a large portion in escrow to release XRP gradually, keeping the supply controlled and stable.

The technology behind XRP holds great potential for changing how we send money across borders. Its speed and low fees make it stand out compared to other cryptocurrencies like Bitcoin and Ethereum, which can be slower and more costly. In today's market, XRP shines due to its focus on real-world uses, especially international payments. As the need for fast and affordable global transactions grows, XRP could become even more valuable. While the crypto market is always shifting, keeping an eye on XRP's developments could be worthwhile for those interested in the future of digital money.

Polkadot (DOT)

Imagine if different blockchains like Ethereum and Bitcoin could communicate effortlessly. Polkadot makes this possible. It's a decentralized protocol and cryptocurrency that enables secure sharing of value and data between various blockchains without middlemen. By allowing these networks to interact, Polkadot opens doors to new technologies and applications that were previously out of reach.

What makes Polkadot stand out is its use of parachains, which boost speed and scalability. This design lets Polkadot process more transactions than Bitcoin and Ethereum, making it a faster and more efficient network. The native token, DOT, plays a key role in governance and staking. Holders can participate in decision-making and help verify transactions, contributing to the network's growth and security. Launched on May 26, 2020, by Ethereum co-creator Gavin Wood and maintained by the Web3 Foundation, Polkadot is shaping a future where blockchains are more connected and capable than ever before.

Avalanche (AVAX)

Avalanche is a fresh face in the blockchain world. It's eco-friendly, with low fees and fast transactions. Handling up to 4,500 transactions per second, it's one of the quickest around. A standout feature is its Subnets, letting users build custom blockchains. Avalanche uses a mix of consensus methods to confirm transactions in less than two seconds. It operates on three chains—X-Chain, C-Chain, and P-Chain—that work together for different tasks like transactions and smart contracts.

AVAX is the token that powers this system. It's used for transaction fees, staking to secure the network, and running Subnets. This means it has strong uses in payments and creating new tokens and blockchains. In today's market, AVAX looks promising. Its eco-friendly approach and speed set it apart from coins like Bitcoin and Ethereum, which can be slower and use more energy. As people care more about energy use in crypto, Avalanche's green tech could attract more investors. With the crypto market always changing, Avalanche's unique features might give it an edge over others.

Injective (INJ)

Injective is a blockchain built specifically for finance. It powers new decentralized applications like exchanges, prediction markets, and lending platforms. With its fast and interoperable network, assets can move seamlessly between Ethereum, Solana, and other blockchains. Injective stands out with its on-chain order book and the ability to handle over 10,000 transactions per second.

What makes Injective special is its advanced technology and growing ecosystem. Developers can build unique financial apps using its smart contracts, which support cross-chain transactions. Backed by major investors like Binance and Mark Cuban, Injective shows strong potential. In a market where speed and interoperability are key, Injective offers solutions that others may lack. Its focus on finance and strong community support make it a project to watch in the evolving world of decentralized finance.

Conclusion

XRP, DOT, AVAX, and INJ show great potential in the current bull run, but XYZVerse (XYZ), the first all-sport memecoin, stands out with its aim for 20,000% growth and unique sports community.

You can find more information about XYZVersus (XYZ) here:

Site

Telegram

X

Disclaimer and Risk Warning

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The post Best 5 Altcoins to Buy Now in October with Potential for 1000x Gains by January 2025 appeared first on Crypto News Land.

Australian computer scientist Craig Wright, who is notoriously known as a self-proclaimed Satoshi Nakamoto candidate, recently questioned the legacy of San Francisco-based enterprise blockchain firm Ripple. 

According to Wright, Ripple's cross-border payment system is significantly slower than SWIFT, a popular global network that banks use for communicating with each other.

"But what have you offered in their place? You have created a system that is slower than Swift, less secure, and devoid of true utility," Wright said. 

Wright believes that Ripple has failed to make any substantial contributions to the future of commerce and technology. "Where is your legacy," Wright asked. 

This comes after Wright slammed XRP, the controversial token associated with Ripple as "a speculative construct." The self-proclaimed Satoshi has stated that the world's seventh-biggest cryptocurrency actually lacks any substance. "In this light, XRP stands not as a genuine advancement, but as a speculative vehicle, drawing in those captivated by the prospect of short term, unearned profit rather than substantive value," he said. 

Ripple could have made "a lot of money" with meme coins

Ripple continues to face criticism from some naysayers due to the fact that selling XRP has been the primary source of income for the company. 

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David Schwartz, chief technology officer at Ripple, claims that there was no way to know what results the company would have achieved had it opted for a different strategy. "There are certainly cases where I think, looking back, our revenue from XRP led us to make suboptimal choices. Nobody knows how an alternative history would have played out," he said.

Notably, the Ripple CTO also said that Ripple was able to stay away from initial coin offerings (ICOs) and meme coins because it did not really need the money. However, Schwartz believed that entering those spaces could have been very profitable for the company. 

Ripple CLO confirms the SEC has not appealed the ruling that XRP is not a security.

Ripple plans to file a cross-appeal against the ruling that institutional XRP sales are securities.

The SEC is appealing other rulings but did not challenge XRP’s non-security status.

Ripple’s Chief Legal Officer, Stuart Alderoty, has confirmed that the SEC has not appealed the court’s ruling that XRP is not a security. This unchallenged decision remains a major victory for Ripple and XRP holders, as it ensures that XRP itself will not be subject to further scrutiny under securities law in the SEC’s ongoing case.

However, Ripple isn’t stopping there. Alderoty revealed that the company plans to file its own Form C next week, launching a cross-appeal against the court’s ruling on institutional sales of XRP. The court had previously determined that these sales constitute securities, leading to a $125 million fine imposed on Ripple in the final ruling delivered in August.

Ripple aims to contest this judgment, especially as the SEC has officially appealed several rulings that favored Ripple in the four-year-long case.

Details of SEC Appeal

The SEC …

The post SEC Leaves Key XRP Ruling Unchallenged, but Ripple Prepares Cross-Appeal appeared first on Coin Edition.

A famous crypto whiz kid who made $2.5 million in profits for accurately predicting a 1,900% XRP price appreciation during the 2021 bull markets is making the rounds in the crypto industry with his bullish altcoin forecasts for ETFSwap (ETFS) viral presale token to yield 11,000% gains to investors in the 2024/2025 crypto summer.

XRP Price Faces Regulatory Hurdles, Receives Forecast from Crypto Whiz Kid To Rally Behind ETFSwap (ETFS) This Bull Run

XRP price trading at $0.54 has received forecasts to rally behind the ETFSwap (ETFS) altcoin in the 2024/2025 crypto bull run. According to crypto whiz kids and veterans, XRP price forecasts to fall behind ETFSwap (ETFS) among a few select altcoins; this bull run stems from its ongoing regulation hurdles and battles with the Securities Exchange Commission (SEC). 

Nevertheless, the XRP price could experience a 5x rally among altcoins when ETFSwap (ETFS) surges 11,000% in the 2024/2025 bull run.

ETFSwap (ETFS) Will Create Millionaires With An 11,000% Mega Altcoin Rally In Q4 2024, Crypto Whiz Kid Reveals 

ETFSwap (ETFS) is on a bullish mission to create many millionaires in the 2024/2025 crypto summer as its viral ICO token, selling for an affordable $0.03846, receives 11,000% altcoin rally forecasts from a crypto whiz kid, famous for his accurate predictions of XRP’s price surge in 2021. ETFSwap (ETFS) is also strategically positioned on a growth pedestal as crypto veterans tout its viral ICO token launch alongside a next-generation DeFi platform in the last quarter of 2024 as a groundbreaking event for crypto.

ETFSwap (ETFS) beta platform launch is one to look forward to as it is packed with staking features and liquidity pools that will generate passive income for users staking crypto tokens and exchange-traded funds (ETFs). ETFSwap (ETFS) users will earn as much as 87% APR in staking yields. ETFSwap (ETFS) developers have completed backend development of the beta platform. They have also launched the beta platform on Testnet to test and fully optimize its DeFi functionalities. 

Following the launch on Mainnet in the coming weeks, ETFSwap (ETFS) users will gain unlimited access to buy and sell popular altcoins and exchange-traded funds at the lowest transaction fees. The DeFi platform will feature a live ETF price tracker with the best market quotes of exchange-traded funds (ETFs) and cryptocurrencies. ETFSwap (ETFS) DeFi platform users will receive multiple trading incentives when they swap the ETFS altcoin for high ROI tokenized ETFs, including Ishares, spot Bitcoin, spot Ethereum, Vanguard, commodity, bonds, equity, market and fixed income ETFs, among others that will be listed on the DeFi platform. 

ETFSwap (ETFS) will scale the profitability of ETF traders by providing them with a 100x trading booster, which they can use to amplify ROI on tokenized ETFs by up to 50,000%. The DeFi platform is user-friendly and will facilitate the easy management of traders’ and investors’ portfolios. ETFSwap (ETFS) will open 24/7 to crypto and ETF traders and support perpetual contracts trading of Bitcoin, Ethereum, Dogecoin, and XRP price volatilities, among others. The ETFSwap (ETFS) DeFi platform will drive liquidity from traditional finance sectors by creating an inclusive trading environment where users can tokenize their real-world assets (RWA) and trade them on-chain. 

Crypto and ETF traders using ETFSwap (ETFS) will enjoy optimal trading liquidity. They will also enjoy instant settlements of their tokenized funds when they initiate withdrawals. The second phase of the ETFSwap (ETFS) beta platform will feature artificial intelligence (AI) powered tools such as the ETF Finder that ETF traders can use to easily find tokenized ETFs that meet their investment preferences and goals. 

The ETFSwap (ETFS) DeFi platform is highly secure as its smart contracts audited by CyberScope reveal no security threats or vulnerabilities. ETFSwap (ETFS) developers are certified DeFi experts who have also completed KYC with the SolidProof audit firm.

Conclusion 

The ETFSwap (ETFS) viral ICO token presents a guaranteed investment pathway for investors to make generational wealth amid XRP price hurdles as it receives forecasts from a famous crypto whiz kid to rally 11,000% and outperform a majority of altcoins during the 2024/2025 crypto bull run.

For more information about the ETFS presale,Visit ETFSwap PresaleJoin The ETFSwap Community

The post Crypto Whiz Kid Who Netted $2.5 Million By Accurately Predicting XRP Price Appreciation Forecasts 11,000% Run For $0.03846 Altcoin appeared first on CoinChapter.

Despite persistent regulatory constraints, Ripple's XRP has lately shown resiliency. In early October, the token's value plummeted 18% as a result of fresh legal doubts around the SEC in the United States.

Having said that, the price has leveled off and is now trading at $0.5415. The analysts' positive forecast on XRP's rebound is based on major tendencies in whale accumulation.

According to Santiment data, crypto addresses with 100 million to 1 billion XRP have amassed over 140 million tokens, worth $77 million. The total amount held by these major addresses has climbed to 9.77 billion XRP because to this increase in ownership.

Such massive hoarding by whales regularly occurs before price increases in the past. According to experts, XRP might soon surpass the $0.55 threshold if current purchasing pressure continues.

A sense of caution coexists with the hope. If the pace of accumulation slows, XRP might go below $0.50, a psychological support level that bulls have successfully maintained.

The whale accumulation reached 9.77 billion tokens with the addition of 140 million XRP.
At the now, the market is trading at $0.5415, with $0.52 providing solid support.

As for the price target, a breakout over $0.55 may indicate a positive upswing.

The RLUSD Stablecoin from Ripple: A Growth Catalyst for the Future?

The impending release of Ripple's stablecoin, RLUSD, is a major event influencing Ripple's ecosystem. Expected to be compatible with Ethereum and the XRP Ledger (XRPL), RLUSD will have a 1:1 peg to the USD. Although stablecoins are more often used for transferring money than for investing speculatively, Ripple's collaborations with Bitstamp and MoonPay have the ability to increase demand for XRP and raise liquidity.

Retail and institutional customers' acceptance of RLUSD is crucial, according to market experts. Launching the stablecoin is a deliberate step by Ripple to improve its image and establish itself in the crypto community, even if it may not have much of an immediate effect on the price of XRP.

Possible Rally in XRP Price Suggested by Funding Rate

The fact that XRP's Funding Rate is now positive is another optimistic indicator. The prevalent market attitude among traders is shown by this statistic, which measures the difference between the index price and the mark price of perpetual futures.

When the Funding Rate rises, it usually means that traders are bullish since long positions pay more to short ones.

The fact that XRP's Funding Rate is now positive suggests that a price surge may be in the cards. The price may go closer to regaining higher resistance levels if this trend continues, which would be good news for traders with long holdings.

At $0.52, there is a solid defense that might prevent a decline below $0.50.
Breakout Above $0.55 Could Set Off Rally; XRP Consolidates as Bulls Protect Crucial Support

With the $0.52 level serving as a strong support zone, XRP has been consolidated inside a limited range of $0.52 to $0.54. At $0.54176, the pivot point is located, and it is an important benchmark in the present price structure.

Consistent defense of the $0.52 support level by bulls indicates strong market support and a refusal to let prices go much lower. between $0.54363, you'll find immediate opposition; between $0.56301 and $0.58031, you'll find the following layers of resistance.

#XRP #Ripple $XRP

Bitcoin holds strong at the $68,000 price mark, signaling potential for a parabolic Q4.

Altseason expected as altcoins show bullish signals and follow Bitcoin's lead.

Ripple’s XRP continues to show highly bullish signals.

Bitcoin has climbed beyond $68,000, holding strong as analysts forecast a potentially parabolic Q4. This surge is expected to not only push BTC to new all-time highs but also set the stage for a bullish altseason, with numerous altcoins poised to follow and hit fresh peaks.

Q4 Turns Crypto Market to Greedy Sentiment

The crypto market is bracing for the much-anticipated bullish momentum of Q4. Historically, in Bitcoin Halving years, Q4 has seen BTC rise significantly, followed by a thriving altseason in Q1. With September closing on a positive note, expectations are mounting for an even stronger finish in Q4.

Bitcoin’s latest rally to $68,000 has reignited market optimism, driving the Crypto Fear & Greed Index to a ‘greedy’ score of 73. This steady upward movement is boosting hopes for a robust altcoin rally as well. Several altcoins, including SUI and FET, have already recorded notable price gains, adding fuel to the bullish sentiment. 

Popular assets like VET, SHIB, DOGE, and JASMY are also displaying strong bullish patterns, with indicators like hidden bullish divergences, cup-and-handle formations, and tightening Bollinger Bands suggesting potential price surges as the market readies for a possibly explosive season ahead.

XRP Ready for Bullish Breakout

https://twitter.com/JavonTM1/status/1847630713895485601

Presently, XRP has once again caught the eyes of many crypto analysts. With the assets’s Bollinger Bands tightening, many anticipate major gains for XRP price soon. According to the post above, the analyst marks XRP as one of the most spotlighted and notorious Altcoins in the crypto market right now.

https://twitter.com/DefendDark/status/1847577933344284946

He then goes on to say that XRP has already confirmed RSI patterns which point towards a bullish breakout of a near 7-Year Pennant Pattern. This, according to the analyst could result in a bullish move similar to XRP's dynamic 2017-2018 run. The post above further highlights this bullish signal for XRP.

The post XRP Confirms RSI Patterns Pointing to a Bullish Breakout of a Near 7-Year Pennant Pattern, Major Price Pump Soon? appeared first on Crypto News Land.

The post XRP News: Ripple vs SEC Appeal Could Get Awkward for the SEC appeared first on Coinpedia Fintech News

The legal battle between RIpple Labs and the U.S. Securities and Exchange Commission (SEC) has reached a crucial point. Recently, Stuart Alderoty, Ripple’s Chief Legal Officer, discussed the SEC’s appeal efforts in his X post. He explained why the regulatory body may not have a favorable outcome. The SEC wants to overturn Judge Torres’ ruling. However, this appeal could backfire and leave the SEC with even fewer options. Let’s explore how this situation might unfold and what it means for the crypto industry.

Ripple’s Strong Defenses

Ripple’s Fair Notice defense has resurfaced. The defense argues that Ripple didn’t get a clear warning from the SEC that their token, XRP, violated securities laws. The Fair Notice standard asks whether an average person could understand if something was illegal. Ripple believes this defense remains strong.

The 2nd Cir. will either affirm Judge Torres or expand her ruling. The best the SEC can hope for (and it’s a remote hope) is a remand.But during the SEC's failed 'interlocutory' appeal, Judge Torres made it clear that ‘Howey’ and all of Ripple’s defenses, including Fair Notice,… pic.twitter.com/TWDlJ3bE4d

— Stuart Alderoty (@s_alderoty) October 20, 2024

Earlier, during an “interlocutory” appeal, Judge Torres stated that Ripple’s defenses, including Fair Notice, could be brought back into play. This creates a problem for the SEC. They might have to argue that Judge Torres didn’t understand the law when she ruled against them. Arguing this could turn South for the SEC, making their case even more difficult.

What’s at Stake for the SEC?

The 2nd Circuit Court of Appeals has several options. It can uphold Judge Torres’ ruling, expand her decision, or send the case back to a lower court. A remand, however, is unlikely. The SEC may not get the outcome they hope for.

Alderoty humorously compares the SEC’s pursuit of Ripple to Moby Dick. In this comparison, SEC Chair Gary Gensler plays the role of Captain Ahab, relentlessly chasing a legal victory. Ripple’s defenses grow stronger, while the SEC’s position weakens. As the case progresses, it could even begin to feel like a courtroom comedy, much like My Cousin Vinny.

What’s Next?

The upcoming decision from the 2nd Circuit Court could change the course of this case. Ripple’s Fair Notice defense continues to pressure the SEC. If the court affirms Judge Torres’ ruling, it may create a significant shift in how cryptocurrencies are regulated in the U.S. Ripple could emerge victorious, leaving the SEC to reconsider its strategy in future cases.

The post XRP Price Prediction: Will Ripple vs SEC lawsuit Propel It to $1 or Push Below $0.50? appeared first on Coinpedia Fintech News

According to Bitget’s chief analyst, Ryan Lee, XRP’s price is likely to fluctuate between $0.50 and $0.80 for the rest of 2024. This range hinges on regulatory developments and the ongoing legal battle between Ripple and the U.S. SEC. Investors are adopting a cautious approach as the market remains in the wait-and-watch mode for better results.

What do you think will be the melting point for XRP will it pump in the current scenario? Let’s see what the analyst has unfolded.  

The Ripple-SEC Appeal Adds Pressure

The U.S. regulator’s recent appeal in its case against Ripple is causing further market hesitation. While the appeal doesn’t challenge the ruling that XRP is not a security, it seeks a review of Ripple’s XRP sales on exchanges and personal sales by Ripple CEO Brad Garlinghouse and co-founder Chris Larsen. This introduces more legal ambiguity, especially for U.S.-based participants, and is likely to increase XRP’s volatility.

The uncertainty could cause the asset to move within a wide 50% range as the market weighs potential legal outcomes.

Legal Proceedings Could Extend Until 2025

Ripple’s chief legal officer, Stuart Alderoty, mentioned that the legal briefing process is expected to last until July 2025, meaning that regulatory pressure will continue to play a significant role in XRP’s performance for the foreseeable future. Lee highlighted the importance of the final ruling, which could shape XRP’s price direction based on the court’s decision.

XRP Exchange-Traded Fund on the Horizon?

Adding to the uncertainty, Tim McCourt, senior managing director at CME Group, stated on October 16 that progress has been made toward creating an XRP ETF. The foundation is being laid with a reference rate and real-time index in place, although a fully-fledged ETF is still in the works.

Until the legal dust settles, XRP’s price will likely remain highly volatile, investors need to act with patience. 

Impact on XRP Price

Lee’s projection suggests that XRP’s price is heavily influenced by U.S. regulatory developments, with a favorable ruling for Ripple likely boosting its value, while a negative outcome could push it lower. XRP last surpassed $0.80 in March 2022, and its highest 2023 price was $0.71. Currently trading at $0.55, XRP has seen a slight increase of 0.42% since October 18. 

Meanwhile, Ripple’s RLUSD stablecoin launch could drive XRP to $1 or even $2, but this depends on XRP’s involvement in the stablecoin ecosystem and breaking key resistance levels. On the flip side, minimal involvement of XRP in RLUSD could lead to a price drop below $0.50.

The XRP price is up around 2.5% this week and is now trading above the $0.54 area. What’s more interesting for Ripple’s token is that it still has a huge community, with many elite crypto analysts making viral XRP price forecasts.

One of them is EGRAG CRYPTO, who posted a new XRP price prediction today via his X (formerly Twitter) account.

Breaking Down EGRAG’s Bold XRP Analysis

The analyst’s detailed chart shows two distinct macro consolidation zones, labeled as “Area A” and “Area B.” According to EGRAG, XRP previously consolidated in Area A before experiencing a significant drop into what he calls “Drop Zone A.” Now, as the token trades in Area B, the analyst suggests another major XRP price movement could be on the horizon.

EGRAG identifies $2 as a crucial trigger point for XRP’s potential upward movement. His analysis suggests that if XRP breaks above this level, it could catalyze a surge toward $15, which he considers a minimum target. Even more intriguingly, the analyst predicts potential further consolidation between $15 and $115, in what he terms “Area B*.”

#XRP MACRO DROP ZONE ( $15 or 10X of $15!!!)Ok, first things first… Don’t shoot the messenger, I’m just here to talk about gravity—and it’s about to get heavy! The Drop Zone analogyArea A was our MACRO consolidation, where #XRP was chilling. But then, it got pulled… pic.twitter.com/0V5NCXtvTI

— EGRAG CRYPTO (@egragcrypto) October 20, 2024

In his analysis, EGRAG draws attention to volatility comparisons. The projected move from $15 to $115 would represent a volatility of 666.67%, notably lower than a previous surge from $0.15 to $2, which saw 1233.33% volatility. This comparison suggests that while significant price appreciation might occur, it could happen with relatively less market turbulence than previous rallies.

The analyst’s monthly chart, spanning back to 2014, maps out these consolidation zones and potential “drop zones,” using historical data to support his macro analysis. These zones, marked by dark blue horizontal bands, represent areas where XRP has shown significant price activity in the past.

Historical drops and bounces are marked, suggesting that the previous consolidation in Area A led to a significant downward move to Area B. The same logic applies to a future upward move toward $15 and potentially $115.

Read also: Solana (SOL) Price Explosion Imminent? Key Levels Hint at a Significant Upswing

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The post Elite Analyst Makes Shocking XRP Price Prediction: Could $15 Be Next For Ripple’s Token? appeared first on CaptainAltcoin.

XRP traders defend the $0.52 support, signaling possible long opportunities.

Buy volume remains weak, limiting upward momentum despite an 8% price rise.

Key resistance at $0.62 must break for significant bullish momentum.

XRP traders have been on high alert recently with market movements hinting at a potential opportunity for long positions. Despite the SEC’s appeal to challenge the July 2023 ruling, analyst predictions hint at a major rally soon, as the post below highlights.

While the token remains range-bound, trading between $0.52. Buyers showed strong support at $0.52 in October, suggesting that swing traders might see this level as a signal to go long.

https://twitter.com/Web3insightsio/status/1847722392665157773 $0.52 Level Holds Strong for XRP Bulls

The $0.52 support level has been a battleground for bulls and bears. Despite heavy selling pressure, buyers defended it fiercely. The token rose 8% from October’s lows, hinting at renewed buyer interest. However, the buy volume has stayed weak, limiting upward momentum.

Technical indicators, like the On-Balance Volume (OBV) and Chaikin Money Flow (CMF), confirm this trend. While OBV clung to support from August, CMF showed persistent selling over the past twenty periods. Still, this defense of $0.52 could be the green light long-position traders have been waiting for.

XRP's overall market sentiment is bullish. Yet, the narrow trading range softens this impact. If support at $0.52 remains intact, swing traders may step in to seize the opportunity. However, a lack of strong buying signals suggests that other large-cap altcoins might outperform XRP in the near term.

Derivatives Data Could Guide Future Moves

XRP’s Open Interest has hovered around $772 million, showing little fluctuation since July. This stable figure hints at a lack of major speculative interest. To see a real breakout, the price would need to surge past the $0.62 resistance.

A move above this mark could attract more buyers, similar to the spike witnessed in late September. For now, XRP seems to be stuck in a holding pattern. Heatmaps on lower time frames spotlight key zones at $0.52 and $0.57. These levels could trigger short-term price reversals.

In the end, a significant news event might be necessary to shift market sentiment, potentially driving XRP past the $0.62 barrier. Until then, traders can expect cautious optimism to define XRP's movements.

The post XRP is Stuck in a Holding Pattern: What Does the $0.52 Resistance Mean for Swing Traders? appeared first on Crypto News Land.