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Ripple ’s XRP token is one of the most popular cryptocurrencies in the market. However, the asset has faced significant headwinds of late. XRP is currently down by over 85% from its all-time high of $3.40, which it attained in January 2018, over six years ago. Moreover, XRP did not rally as high as other assets during the 2021 bull run. Also Read: Ripple Holds Strong in Launching Channel; Analyst Predicts XRP Target If Ripple’s XRP reclaims its 2018 peak of $3.40, you will need about 294117.64 tokens to have one million dollars worth. The price of 294117.64 XRP tokens right now is about $147,058.82. If the move comes to fruition, your portfolio will have grown by around 580%. However, the journey to $3.40 is no easy task. When will Ripple’s XRP reclaim $3.40? Source – FX Empire XRP has faced significant regulatory pressure over the last four years. Ripple was sued by the US SEC (Securities and Exchange Commission) for allegedly selling ...

Ripple partners with SBI Group & HashKey DX to introduce XRPL solutions in Japan. HashKey DX to leverage XRPL’s features for innovative blockchain solutions in Japan. SBI Group to pioneer the use of XRPL technology in supply chain management in Japan. Ripple has forged a groundbreaking alliance with SBI Group and HashKey DX to bring innovative blockchain solutions to the Japanese market. This collaboration marks a significant milestone in the adoption of XRP Ledger (XRPL) technology in Japan’s corporate landscape. HashKey DX to introduce XRPL to Japanese businesses Recognizing XRP L’s enterprise capabilities such as fast settlement speeds, low costs, and scalability, HashKey DX is poised to introduce innovative blockchain solutions to Japanese businesses. With a track record of success in implementing blockchain-powered supply chain finance solutions in China, HashKey DX brings invaluable expertise to the table. Over the past years...

XRP’s gradual progress this bull season has been a cause of concern for many of its community members. Despite Ripple partially winning the case against the SEC and forging stellar corporate alliances, XRP has yet to experience major price action.  According to CoinMarketCap, XRP has documented a shy spike of 7% last month. The token is currently sitting at $0.58 in a phase called consolidation. However, with the event of Bitcoin halving on the horizon, the altcoin market may notice a significant surge in its entirety. The boost of new momentum and activity may play an elemental role in improving XRP’s prospects to experience a full-fledged bull run soon.  Also Read: Ripple : XRP Forecasted to Surge 185% in Price, Here’s When XRP: Consolidation Phase Source – ZyCrypto XRP’s slow price motion has compelled various analysts on X to voice their opinions. Per a notable cryptocurrency analyst, “Crypto Rover,” XRP has been consolidated for 4 yea...

The cryptocurrency market is rallying this month as Bitcoin climbed above the $68,000 mark. Bitcoin retraced in price currently and is now hovering around the $66,800 range. The leading cryptocurrency is attracting heavy bullish sentiments and could climb above its all-time high of $69,044 soon. The ongoing rally has pushed altcoins to reach new monthly highs delivering stellar profits to investors. Read here to know the top 3 coins under $0.01 that could double in price this month and deliver better returns. Also Read: After Embracing Bitcoin, Robert Kennedy Jr Supports Shiba Inu However, now that the cryptocurrency market remains in greener pastures, three altcoins worth in Cents are aiming to reach $1. In this article, we will highlight the top three cryptocurrencies trading in Cents that might touch the $1 mark. Cryptocurrency: 3 Coins That Could Reach $1 Next Decentraland (MANA) Source: Pixabay The leading metaverse platform, Decentraland’s native cryptocur...

Ripple XRP was a slow-growing crypto following its court battle with the SEC last year. Despite its sluggish growth, XRP is expected to continue its rise on the charts in 2024, with multiple price predictions showing surges for the token. However, one ripple XRP price prediction has gone viral on X over the past few days, showing that the token can surge by 4,720% this cycle. Cryptocurrency analyst and well-known XRP bull EGRAG CRYPTO made a thread outlining why he believes the XRP price will increase significantly this cycle. In particular, the bullish prediction believes that anywhere from a 40x to 50x surge is possible. For reference, XRP is trading at $0.5901 at press time. Furthermore, Ripple XRP has seen a massive 220% increase in trading volume in the past week. Also Read: Ripple (XRP) Bounces Back With 220% Trading Volume Boost #XRP 40X EASY: Last cycle, despite the pesky #SEC lawsuit, #XRP surged almost 20X. This time, with its unparalleled legal regulatory cla...

Assessing the current market conditions, the pursuit of XRP millionaire status requires a carefully devised strategy and timely execution. In the present market scenario, seizing the opportunity to acquire XRP today is seen as a potential avenue for significant gains. However, a pertinent question arises: what quantity of XRP is necessary to amass a million-dollar fortune? As per the latest market update, XRP is currently valued at $0.6054, with a trading volume of $993,247,172 within the past 24 hours. For those aspiring to achieve a $1 million portfolio with Ripple priced at $1 per coin, the calculation is straightforward: divide the desired target of $1,000,000 by the coin price of $1, resulting in the acquisition of 1,000,000 XRP. Also read: Here’s How to Be a Millionaire When Avalanche (AVAX) Hits $50 How much XRP do you need to become a millionaire if the price hits $1? To determine the current cost of this strategic investment, multiply the quantity of XRP (1,000,000...

With positive sentiment abounding, Ripple and its native XRP token could see their market cap reach $50 billion in November. Indeed, the projection is feasible considering the influx of transactions and whale activity that have taken place. Moreover, the events of the last several months could coincide with a continued upward trajectory. Ripple has seen its court conflict with the US Securities and Exchange Commission (SEC) near a resolution. Subsequently, its victory in the non-security distinction of XRP has driven the asset price. Additionally, announcements made at the Swell Conference 2023 are expected to continue growth. Subsequently, the overall market cap could have a massive surge in store, but just how high could it go? Also Read: Ripple (XRP) Mid-November Price Prediction 2023 Ripple XRP Market Cap Set to Continue Upward Trend? Over the last several months, Ripple has enjoyed a tremendous positive turn. Specifically, its two-year-long legal conflict with the ...

As XRP’s price continues its steady ascent, we dissect the factors contributing to its sustained growth, from legal victories to strategic partnerships that shape its market standing. Ripple’s cryptocurrency, XRP, has distinguished itself as a notable performer in the digital currency market over the past month.  As of Nov. 6, XRP has experienced a substantial surge, soaring almost 40% in the last 30 days to levels not witnessed since July 2023, peaking at $0.7299. Currently, XRP is trading at around $0.72, marking a strong recovery, though it still trades well below its all-time high of $3.842 from January 2018. This recent rally is not an isolated incident but rather part of a broader bullish trend throughout 2023, with XRP’s price climbing over 100% from the beginning of the year.  This positive momentum reflects growing investor confidence, potentially linked to Ripple’s progress in enhancing cross-border payment systems and its perceived advantages in th...

In the realm of crafting compelling content, three critical elements stand out: “perplexity,” “burstiness,” and “predictability.” Perplexity serves as a gauge for the intricacy of the text, while burstiness delves into the ebb and flow of sentence structures. Predictability, on the other hand, determines the likelihood of anticipating the subsequent sentence. Humans often craft their compositions with a captivating blend of long, intricate sentences interspersed with shorter, punchy ones, creating an engaging cadence. Conversely, AI-generated text can be fairly uniform in structure. Thus, as we embark on the task of creating content, the aim is to infuse it with a healthy dose of perplexity and burstiness, while minimizing predictability, all while adhering to the use of the English language. With these objectives in mind, let’s reimagine the following text: “Stock markets flashed green at the weekly open, and crypto prices followed. Afte...

Deaton clarified that even if an appeal were possible in such a situation, the agency's authority would be diminished. Amidst speculation regarding a potential resolution between Ripple and the United States Securities and Exchange Commission (SEC), attorney John Deaton, representing numerous XRP token holders, has outlined the possible steps the two parties might take if they opt for a settle ment. Addressing the factors that might impact a potential settle ment between the two parties, attorney Deaton pointed out the significance of the ongoing Coinbase vs. SEC lawsuit. He explained that if the judge in the Coinbase case grants the exchange's motion to dismiss, it would indicate that token sales on the exchange are not subject to U.S. securities laws, although the crypto staking aspect remains part of the legal proceedings. He explained in a post, “The only way Ripple and the SEC (could) settle before the end of the year is if Judge Failla grants the Coinbase motion to dism...

Counting On SEC’s Failure In Ripple Case Deaton’s enthusiastic reaction follows a detailed X thread penned by Australian lawyer and digital asset enthusiast Bill Morgan. The tweet meticulously dissects Judge Torres’s logical approach in her ruling, which Deaton sees as a formidable foundation for a potentially unfavorable outcome for the SEC. “She took each type of sale chosen and defined by the SEC and applied the Howey test. I’m willing to bet significant funds she doesn’t get reversed on appeal,” Deaton asserted. advertisement Central to the discourse is the SEC’s division of Ripple’s XRP sales into three distinct categories, a classification the judge opted to scrutinize individually. This marked departure from the conventional legal approach allows for a more comprehensive evaluation of the case’s multifaceted nature. The judge’s key finding was the disparity in treatment between institutiona...

Stuart Alderoty says that an appeal by the Securities and Exchange Commission could see Ripple consolidate its victory over the regulator even further. Concerns of a potential appeal by the United States securities regulator to the landmark Ripple ruling earlier this month were shrugged off by Ripple’s chief legal officer. Stuart Alderoty believes that if the SEC takes the case to an appeal , the court could move to consolidate Ripple Labs’ partial victory over the financial regulator even further. Speaking on a July 26 TechCrunch podcast, Alderoty reiterated his position that the XRP (XRP) token does not constitute an investment contract and that the Ripple team would not shy away from any appeal brought to the courts by the SEC. “We think the judge got that right, and we think that was a faithful application of the law, and I think a court of appeals will not only affirm that but maybe even amplify that to even a greater extent.” On July 13, Judge Analisa Torres ruled XRP was no...

Ripple and US SEC Settlement in 6–8 Weeks? In the latest court filing in the Court For Southern District of New York, Judge Analisa Torres referred the US SEC v. Ripple lawsuit to Magistrate Judge Sarah Netburn for general pretrial and a possible settlement. advertisement Judge Netburn ordered Ripple and US SEC to agree on three mutually convenient dates to schedule a settlement conference “if they believe it would be productive at this time.” Moreover, settlement conferences must be scheduled at least 6-8 weeks in advance because the Court has a busy calendar. “The Court will likely be unable to accommodate last-minute requests for settlement conferences, and the parties should not anticipate that litigation deadlines will be adjourned in response to late requests for settlement conferences.” Recommended Articles Crypto Presale Projects...