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XRPUSD

Ripple / US Dollar

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Digital Currency

Cryptocurrency Ripple / US Dollar

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XRP (CRYPTO: XRP) has seen a price decline of 3.89% in the last 24 hours, reaching $0.60, with a continued downward trend over the past week from $0.62. The trading volume has increased by 28.0%, and the circulating supply has risen by 0.22% to over 53.82 billion, representing 53.82% of the maximum supply. XRP's market cap is currently ranked #5 at $32.31 billion.

Portfolio Pulse from Benzinga Insights

November 27, 2023 | 3:00 pm

XRP (CRYPTO: XRP) has seen a 3.2% price increase over the past 24 hours to $0.61, despite a 3.0% decline over the past week from $0.63. The coin's all-time high is $3.40. Trading volume has decreased by 23.0% over the past week, while the circulating supply has slightly increased. XRP's market cap is currently ranked #5 at $32.92 billion.

Portfolio Pulse from Benzinga Insights

November 23, 2023 | 3:00 pm

Pantera Capital CEO Dan Moorehead suggests that a spot Bitcoin ETF could fundamentally change access to Bitcoin and positively impact its adoption, unlike previous events such as the launch of CME Futures and Coinbase Inc.'s public listing, which did not significantly expand access. Moorehead likens Bitcoin to gold, indicating that a Bitcoin ETF could have a similar impact on the cryptocurrency market as gold ETFs had on the gold market.

Portfolio Pulse from Murtuza Merchant

November 22, 2023 | 3:47 pm

Ripple's Head of Payments, Brendan Berry, discussed the growing use of XRP for international payments and the company's recent developments at the Future Of Digital Assets event. HSBC Holdings plc partnered with Metaco, a Ripple Labs-owned firm, to offer digital asset custody services. Ripple is also part of the BIS's Payments Interoperability and Extension task force. Berry highlighted new Ripple capabilities for cross-border payments that don't require crypto expertise and emphasized blockchain's potential to solve payment problems. Despite a challenging year, including an SEC lawsuit, Ripple is looking towards a 'second wave' of crypto focused on utility.

Portfolio Pulse from Anthony Noto

November 16, 2023 | 8:06 pm

Brendan Berry of Ripple expressed excitement about the tokenization revolution at Benzinga’s Future Of Digital Assets event. He cited data predicting $10 trillion in tokenized assets by 2030 and discussed the benefits of blockchain technology in tokenization. The panel included representatives from Tron Network, Truist Ventures, and Milo. Berry referenced HSBC's partnership with Medeco for tokenized securities and gold as an example of major financial institutions adopting tokenization. Roland Berger analysts forecast a market worth $10 trillion for asset tokenization by 2030, a significant increase from the current $300 billion.

Portfolio Pulse from Tanzeel Akhtar

November 15, 2023 | 3:33 pm

Bitcoin and Ethereum experienced losses, with Bitcoin trading below $37,000 and Ethereum above $2,000. Kaspa emerged as the top gainer with a 26.2% increase over the past 24 hours, while Bitget Token was the biggest loser, dropping 3.4%. The global crypto market cap rose to $1.4 trillion, a 0.7% gain. Other notable gainers include Celestia, PancakeSwap, dYdX, and Cronos, while XDC Network, Toncoin, XRP, and OKB were among the losers.

Portfolio Pulse from Lisa Levin

November 15, 2023 | 2:31 pm

XRP (CRYPTO: XRP) has experienced a 5.83% price drop over the past 24 hours, continuing a weekly decline of 5.0%. Despite increased trading volume, the circulating supply has slightly decreased. XRP's market cap ranks it 5th at $33.60 billion.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 7:00 pm

A fraudulent filing for a 'BlackRock iShares XRP Trust' in Delaware caused a temporary 12% spike in XRP's price. BlackRock confirmed the filing was a hoax. The incident highlights the crypto market's sensitivity to news, especially regarding institutional acceptance. BlackRock's legitimate 'iShares Ethereum Trust' filing previously boosted Ethereum's price. The SEC is expected to decide on Bitcoin ETF applications, but no approvals have been confirmed yet. Ripple's optimism about XRP's use in international payments follows a court decision not classifying it as a security.

Portfolio Pulse from Mehab Qureshi

November 14, 2023 | 4:15 am

The cryptocurrency market experienced a downturn after a fake filing for an iShares XRP Trust by BlackRock Inc was revealed. Major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin saw declines, with XRP initially surging 10% before the hoax was confirmed. BlackRock confirmed the filing was false, and the market reacted negatively. Analysts predict Bitcoin's next big target to be $50K, despite the current volatility.

Portfolio Pulse from Mehab Qureshi

November 14, 2023 | 2:41 am

Ripple (XRP) is ready to take its legal battle with the Securities and Exchange Commission (SEC) to the Supreme Court. The SEC and Ripple have been in a legal dispute since 2020 over whether the XRP digital token should be registered as a security. The SEC recently requested the judge to drop parts of its litigation directly against Ripple co-founder Christian Larsen and CEO Brad Garlinghouse. The SEC is also involved in litigation with other crypto giants, including Coinbase Global Inc. (COIN).

Portfolio Pulse from Murtuza Merchant

November 09, 2023 | 9:15 pm

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