The post XRP Price Prediction: XRP Faces Critical Resistance Near $1.17 Despite Ripple Securing Landmark EU License appeared on BitcoinEthereumNews.com.
While the company secured a full MiCA license that expands its operations across the European Economic Area, market indicators suggest traders remain focused on whether XRP can overcome resistance near $1.17 before a stronger recovery can begin. The current XRP price remains caught between improving fundamental developments and a broader bearish market structure. Technical indicators point to a neutral short-term outlook, while longer-term trend signals continue to favor caution despite growing optimism surrounding Ripple’s expanding regulatory footprint. Ripple Secures Landmark MiCA License Across Europe In one of the biggest pieces of Ripple news this month, the company received a full Crypto-Asset Service Provider (CASP) license under the European Union’s Markets in Crypto-Assets (MiCA) framework from Luxembourg’s financial regulato
The post XRP Breakthrough Spurs Hope for Historic Price Levels appeared on BitcoinEthereumNews.com.
XRP has captured the spotlight after achieving a critical technical breakthrough by surpassing a long-standing resistance level, now acting as a robust support. This change of circumstance has invigorated market excitement, as highlighted by industry expert Crypto Kid, who sees potential for revisiting XRP’s all-time high of $3.65. Continue Reading:XRP Breakthrough Spurs Hope for Historic Price Levels Source: https://en.bitcoinhaber.net/xrp-breakthrough-spurs-hope-for-historic-price-levels
The post European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List appeared on BitcoinEthereumNews.com.
Clearstream, the major European post-trade services provider and subsidiary of the Deutsche Börse Group, has expanded its cryptocurrency custody footprint. The firm has announced the addition of a roster of new cryptocurrencies, including the Ripple-linked XRP, Stellar (XLM), Cardano (ADA), Solana (SOL), Litecoin (LTC), and Avalanche (AVAX). These new digital assets join Bitcoin (BTC) and Ether (ETH). According to the firm, this expansion caters to the growing demand for MiCA-compliant (Markets in Crypto-Assets) digital assets within institutional finance. European Giant Clearstream Adds XRP and Other Tokens to Custody Offering: Full List Ripple Exec: Washington Can’t Ignore Crypto Initial entry into crypto Clearstream is one of the world’s largest settlement and custody firms. It provides infrastructure securities across 60 different markets. In early 20
The post International Payment Innovation: Nuvion Embraces Ripple’s RLUSD Stablecoin appeared on BitcoinEthereumNews.com.
Blending the capabilities of blockchain technology with traditional financial systems, Nuvion is shaking up cross-border payments through its latest integration of Ripple‘s RLUSD stablecoin. This development aims to offer a seamless transition between digital and fiat currencies for institutional users seeking swift and cost-effective solutions. Continue Reading:International Payment Innovation: Nuvion Embraces Ripple’s RLUSD Stablecoin Source: https://en.bitcoinhaber.net/international-payment-innovation-nuvion-embraces-ripples-rlusd-stablecoin
The post Analysts Say XRP Could Hit $12 as Binance Supply Shrinks appeared on BitcoinEthereumNews.com.
XRP holds above $1.11 as analysts point to multiple bullish technical signals despite recent market weakness. Binance’s XRP supply continues to shrink, reducing exchange liquidity and potentially easing future selling pressure. Analysts see an XRP/BTC breakout and a 13-year RSI low as signs XRP could be nearing a major rally. XRP is trying to stabilize after the recent sell-off. It is holding above the $1.11 support level but continues to struggle below the $1.15 resistance zone. Several analysts believe multiple technical indicators are beginning to align. They argue that XRP could be setting up for a larger move if buyers regain control. Binance XRP Supply Keeps Falling In a tweet, market watcher Xaif pointed to a bullish signal for XRP, stating that XRP scarcity on Binance has reached its highest level since mid-2024. Xaif noted that previous sharp declines in Binance’s XRP supply
The post XRP Struggles Below $1.14 Despite Improving Technical Signals appeared on BitcoinEthereumNews.com.
XRP tests the $1.13-$1.14 resistance after recovering from the recent $1.11 decline. XRP ETFs recorded a ninth straight week of inflows, adding $17.19 million to the market. MACD turned bullish while RSI recovered to 48.99, showing improving short-term momentum. XRP continued to recover from its recent decline, but the rebound remained incomplete as the token struggled to break last week’s gains into a breakout. After falling toward $1.11, buyers returned and pushed the price back toward a key resistance zone. However, the recovery lost momentum before XRP could establish a move above nearby resistance, leaving the market focused on whether the $1.13 to $1.14 area will hold as support or continue to cap further advances. At the time of writing, XRP traded at $1.12, down by 1.51% over the previous 24 hours. The daily trading volume stood at $1.80 billion, while its market capitali
The post Ripple CLO Stuart Alderoty: 67 Million Crypto Owners Are Not a ‘Rounding Error’ appeared on BitcoinEthereumNews.com.
New industry data suggests that crypto ownership has expanded significantly across different demographic groups. Ripple’s Chief Legal Officer Stuart Alderoty has criticized Politico over its interpretation of a recent opinion poll, where the publication framed support for crypto legislation as “only 27%,” arguing that the figure actually represents 67 million American adults who already own digital assets. According to him, that same percentage cited as a sign of weak public backing for crypto regulation reflects one of the country’s biggest voter groups, therefore challenging the idea that crypto supporters are a niche audience. Polls Tell A Different Story Than That Suggested By Headlines In a July 6 opinion piece on RealClearMarkets, Alderoty argued that the 27% from the Politico survey was about the same number as that quoted in the National Cryptocurrency
The post Crypto Market Sectors Retreat as Meme Tokens Lead Daily Declines appeared on BitcoinEthereumNews.com.
Meme sector leads losses as SocialFi stays positive despite wider crypto market weakness. SocialFi tops weekly and quarterly returns while DeFi leads year-to-date performance. Crypto sentiment stays in Fear as Bitcoin, Ethereum, and XRP extend daily declines. The crypto market turned lower after several days of gains, with sector performance data pointing to renewed caution across digital assets. Figures from SoSoValue showed losses spreading through most major crypto categories over the past 24 hours, while broader market indicators also reflected weaker prices and subdued investor sentiment. Although several individual tokens posted gains despite the decline, the Meme sector recorded the highest daily loss among the major narratives, contrasting with the SocialFi sector, which remained one of the few areas to finish the session in positive territory. Meme Sector Records the
