Ripple Labs has introduced RLUSD, a stablecoin pegged to the US dollar with a 1:1 ratio. The coin’s collateral assets consist of US dollar deposits or cash equivalents. RLUSD gained regulatory approval from the New York Department of Financial Services in December 2024 and launched on five crypto exchanges shortly after.

It will be incorporated into the Ripple Payment Network in 2025 for use in global payments, offering efficiency and low costs. RLUSD is not a replacement for XRP but rather complements Ripple’s cross-border payment solutions. The coin offers a stable value, regulatory approval, institutional payment focus, wide accessibility, multi-blockchain support, and a fully backed reserve.

Use cases include cross-border payments, on/off-ramps, day-to-day payments, asset tokenization, and DeFi integration. Ripple projects a market cap of over $2 trillion for RLUSD by 2028.

Source

The author of Rich Dad, Poor Dad, Robert Kiyosaki, has urged investors to buy Bitcoin now, saying that crypto will hit $350k by 2025. Kiyosaki has urged that, given Bitcoin’s democratic nature, people should buy even 1/2 a satoshi to benefit when the price hits the sky.

Robert Kiyosaki co-authored Rich Dad, Poor Dad with Sharon Lechter, a book that propelled him to popularity. The book sold more than 32 million copies and was translated into 51 languages. The book’s highlight is that it stayed on the New York Times Best Seller list for over six years.

Kiyosaki always encourages people to invest in digital assets, including Bitcoin, stating that fiat money, the US government, and the dollar are unreliable. The renowned author encourages people to buy Bitcoin even in small units. He has always held that its inclusive design is meant to help people build wealth. Kiyosaki has called on people to act swiftly before 2025.

A “sat” (short for satoshi) is the smallest unit of Bitcoin. Named after Bitcoin’s pseudonymous creator, Satoshi Nakamoto, one satoshi equals 0.00000001 BTC or one hundred-millionth of a single Bitcoin.

Rich Dad, Poor Dad author hails Trump as the ‘first Bitcoin president

Kiyosaki believes that the current political environment favors Bitcoin and will see it maintain a bullish run. In his X post, he praised the US President-elect, Donald Trump, as “the first Bitcoin President,” claiming that Bitcoin will hit $350k. 

The US president-elect, Trump, has made moves that are encouraging to crypto lovers. He has outrightly advocated for blockchain technology, saying that it is the future and that people should embrace it. Additionally, his recent choice of appointment to the US Securities and Exchange Commission (SEC) has renewed optimism in the crypto community.

Robert Kiyosaki warns baby boomers of looming economic crash

While intensifying his campaigns for crypto, the famous author has predicted the biggest economic crash that may affect all baby boomers. In his X post, Kiyosaki shared his concern, underscoring the tricky position of baby boomers.

He mentioned that boomers risk losing their retirement benefits as they solely rely on conventional retirement assets such as stocks, bonds, and homes. He said that when the stock market bursts, boomers are going to lose a lot.

Robert Kiyosaki has urged young people to help their parents evaluate their investments before the economic crash. He said the only way to be safe is to invest in Gold, Crypto, or Silver.

A Step-By-Step System To Launching Your Web3 Career and Landing High-Paying Crypto Jobs in 90 Days.

#news_update Probably the first time someone posts unfiltered CRYPTO market information! You will learn a lot here (for sure).
THE CRYPTO SECRET THAT ONLY A FEW PEOPLE KNOW AND THEY PROFIT FROM!
Composing possible candlestick formations before they form is essential for a better understanding of the price movement of a token. It gives a trader the opportunity to better prepare for possible scenarios that may occur. In this way, a trader can have a bigger position in the market. The first step in reading candlestick formations is, identifying the key levels where most of the candlesticks are clustered whether they are near support or resistance. Next, understand the reason behind the formation of these clusters as it is very important for candlestick anticipation. Most of the reasons for the formation are due to increased demand or supply being loaded. Therefore, once the candlesticks in each time frame are formed for the day, you can identify the high and low prices. Most candlestick formations in minute or hourly time frames can have 2-3 bearish candlesticks and more bullish candlesticks if they are close to their support and vice versa if they are close to their resistance. When the candlesticks close, you can then formulate that since bullish candlesticks have formed consecutively, you can expect bearish candlesticks to form to take the imbalance from the high and low of the daily trading range. This is just an example and you can continue to review other candlestick formations in the same time frame or varying time frames.

#news_update The cryptocurrency market is undergoing a correction, and for many investors, it may feel like a time of uncertainty. But be careful! What you are seeing is no coincidence – it is a planned move by cruise ships. These big market players are intentionally trying to create panic so they can snap up your tokens at a cheap price. They know big profits are ahead, and you could miss out if you let your emotions get the better of you.
Learn why a US rate cut is bullish for crypto and why 2025 is expected to be a breakout year for altcoins. Read now to protect your investments and capitalize on the market’s potential!

XRP whales have been on a buying spree as blockchain payments company Ripple officially launched its dollar-backed stablecoin, RLUSD, on several global crypto exchanges this Tuesday. The stablecoin is now available for trading on platforms Bitso, Uphold, CoinMENA, MoonPay, and Archax, with additional listings expected soon.

Ripple RLUSD Stablecoin Launches Amid Price Volatility

RLUSD is designed to maintain a stable value in line with the US dollar and is compatible with both the Ethereum (ETH) blockchain and the XRP Ledger (XRPL), the latter being developed by Ripple Labs alongside XRP. 

However, shortly after its launch, RLUSD experienced some volatility, trading at $1.50 on MoonPay early Tuesday—an unexpected premium above its intended value, Fortune Magazine confirmed.

David Schwartz, Ripple’s Chief Technology Officer (CTO), had anticipated potential price discrepancies in a prior post on X. He explained that early supply shortages could lead to RLUSD trading at a premium until the market stabilizes. 

Schwartz reassured investors, stating, “But rest assured, the price will come back to very close to $1 as soon as supply stabilizes. If it doesn’t, something is very seriously wrong.”

Interestingly, RLUSD’s inflated price of $1.50 is a fraction of what it was previously listed at on Xaman, a crypto wallet for the XRP ledger. In the lead-up to the launch, Ripple supporters made bids for the initial RLUSD tokens, with some investors willing to pay as much as 511 XRP—approximately $1,300 per token.

XRP Retraces To $2.52 After Initial Spike

As the launch of RLUSD drives increased activity on the XRP Ledger, interest in XRP itself has surged. The token, used to settle transaction fees on the blockchain, saw a 6% rise in value on Monday, peaking at $2.71. However, it has since retraced to the $2.52 mark.

Crypto analyst Ali Martinez reported that large investors, or “whales,” bought an additional 30 million XRP prior to the launch, further bolstering its price. In contrast, Bitcoin (BTC) and Ethereum experienced declines of 2.6% and 4.6%, respectively, in the same timeframe.

The launch of RLUSD follows recent regulatory approval from the New York Department of Financial Services, positioning Ripple to enhance its presence in the payment network sector for cross-border transactions.

Jack McDonald, Senior Vice President of Stablecoins at Ripple, emphasized the potential for institutional adoption, stating, “The stablecoin market is going through this next growth spurt where there’s going to be more institutional adoption that is premised upon institutional use cases.” He highlighted stablecoins as a “killer app” for global payments.

While initial interest in RLUSD is largely driven by retail investors, Ripple aims to integrate the stablecoin into its payments business to facilitate international transactions for global banks and institutional partners starting next year.

Featured image from DALL-E, chart from TradingView.com 

Source: NewsBTC.com

The post Whales Snap Up 30 Million XRP As Ripple Launches Its RLUSD Stablecoin appeared first on Crypto Breaking News.

Our last Altseason call was exactly two months ago (October 18, see chart below) which turned out to be the exact level at which a new rally of the total crypto market cap (excluding the top 10) began:
As you can see, the current Cycle (2022 - 2025) shows a striking resemblance to the 2014 - 2017 period. Their Accumulation Phase during the transition from Bear to Bull Cycle was very similar, with the Pivot trendline initially acting as Resistance and then turning into Support on the formation of the first Bull Flag. It was a pattern that pulled back to the 0.382 Fibonacci retracement level, testing and holding the 2W MA50 (blue trendline) as Support, which gave us an accurate buy call 2 months ago.

#news_update Caroline Crenshaw is out. The SEC commissioner, known for her anti-cryptocurrency stance, will not get a second term. The Senate Banking Committee abruptly canceled a renomination vote scheduled for tomorrow. Just like that, one of crypto’s most vocal opponents is out of the field.
Crenshaw’s four-year tenure at the U.S. Securities and Exchange Commission (SEC) left a trail of tension, frustration and court battles. Appointed in 2020 under President Donald Trump, he quickly became a regulatory thorn in the side of the crypto industry.

XRP has always been at the center of ambitious price predictions, with some analysts targeting mind-blowing figures like $100, $300, or even $500. But with a circulating supply of 57 billion tokens, how realistic are these projections? Let's break it down.
A Glimpse into XRP’s Past
The cryptocurrency market is no stranger to life-changing opportunities. XRP’s rally from a mere $0.003 in January 2017 to an all-time high of $3.31 in January 2018 marked a 109,899% increase in just one year. Investors who purchased $1,000 worth of XRP at $0.003 would have turned their stake into $1.1 million.
This historical performance fuels optimism, with many investors dreaming of another XRP moonshot. But are these price levels achievable again, especially amid soaring predictions of $100, $300, or $500?
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Current Market Snapshot
Circulating Supply: 57.1 billion tokens
Market Cap at $2.45 (current price): $140 billion
Inflation Rate: ~200 million tokens/month
Key Price Scenarios:
1. $6 Target: A market cap of $342.6 billion — achievable within strong bullish cycles.
2. $11 Target: Market cap rises to $628 billion — challenging but still plausible with adoption and institutional demand.
3. $100 Target: Requires a market cap of $5.7 trillion — exceeding the global crypto market cap ($3.63 trillion).
4. $300 Target: Market cap reaches $17.13 trillion — rivaling gold's market cap ($17.9 trillion).
5. $500 Target: Market cap skyrockets to $28.5 trillion — unmatched in global financial history.
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Realistic Expectations
Given the current market dynamics, the $100+ range would demand monumental shifts, such as mass XRP adoption for global settlements or major reductions in circulating supply. With Ripple’s ongoing expansion and utility gains, more modest targets like $6 or $11 are achievable in the near term.
Token Burn Mechanics: Every transaction on the XRP Ledger burns a small fraction of tokens, creating slight deflationary pressure. If global adoption accelerates, this could significantly reduce the supply, improving scarcity and price potential.
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Long-Term Vision
Market experts suggest that XRP may hit $100+ but over decades, not months. Analysts at Changelly project:
$100 by 2040
$300 by 2050
These projections depend on global crypto adoption and XRP becoming a dominant asset in financial settlements.
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Key Factors for XRP’s Growth
1. Regulatory Clarity: Ripple's ongoing legal battles could pave the way for XRP's widespread institutional use.
2. Global Payment Integration: Partnerships with financial institutions and cross-border payment systems bolster XRP's utility.
3. Mass Adoption: Adoption in emerging markets and increased transaction volumes could drive long-term value.
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Final Thoughts
While $100, $300, and $500 might seem out of reach under current conditions, XRP still holds significant growth potential. Targets like $6 or $11 are well within sight, and long-term visions remain compelling for those willing to hold.
Follow my predictions — 93% profit guaranteed!
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