The price of XRP has been moving quietly without any big changes over the past few days. On the daily chart, XRP recently dropped below an important resistance level at $2.34. Right now, it’s finding some support around $2.30, but it keeps struggling to climb back above $2.34, which has turned into a new resistance point.If the price can break and stay above this level, the next targets would be around $2.44, and then a stronger resistance between $2.55 and $2.62.For now, the market is still within a bullish trend, meaning it’s making higher lows and higher highs — but…
Author: cryphedge
Author Tim Alper Author Tim Alper About Author Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked… Share Last updated: May 24, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas -…
Tether CEO Paolo Ardoino told Bloomberg on Friday that the company is “open to” creating a separate domestic stablecoin to meet the needs of the U.S. market. The news comes amid the U.S. trying to push through a stablecoin legislation—the Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act).The international issuer of the largest stablecoin, USDT, is “getting comfortable” with the GENIUS Act and will be compliant, Ardoino said. However, USDT’s main market will continue to be emerging economies, because those are the markets that “need us the most,” he added, stating:“We believe in the importance of USDT…
Crypto market is making a steady move irrespective of the slight downturn. At the moment, the cumulative crypto market cap is $3.39T after a 0.37% dip over the past 24 hours. Additionally, the 24-hour trading volume has decreased by 38.85% to reach $ 97.08B. However, the crypto Fear and Greed index remains strong at 67 points, showing “greed.” Bitcoin Sees 0.18% Decrease and Ethereum Witnesses 1.47% Dip Bitcoin ($BTC) has reflected the overall crypto slump in its price, which has plunged by 0.10% to reach $108,111.61. Apart from that, Bitcoin’s market dominance now accounts for 63.3%. Simultaneously, Ethereum ($ETH) has…
Tron (TRX), currently priced at $0.272, has recorded a 1.5% increase in the past 24 hours, reflecting its strong performance as a scalable blockchain platform powering a growing ecosystem of decentralized applications (dApps). With Tron’s continued adoption and consistent market presence, it remains a focal point for crypto enthusiasts and investors alike. However, as the blockchain industry evolves, attention is shifting to another groundbreaking innovation offering unparalleled investment opportunities – Ruvi AI. Ruvi AI – Pioneering Decentralized AI Innovation Ruvi AI is revolutionizing the blockchain space with its next-generation decentralized AI superapp, designed to address diverse global challenges with tangible,…
XRP has shot into the limelight with many analysts predicting it could hit $5.50 by the end of 2025. Yet, a new project called Remittix is drawing interest for potentially much higher returns.This article breaks down the XRP price predictions, why XRP could reach $5.50 by Q4 and why Remittix might deliver gains XRP can’t match. Read on to stay ahead of the curve.XRP price prediction: a roadmap to $5.50 and beyondXRP has shown strong momentum since regulatory progress cleared many doubts. Analysts point to XRP following a path similar to 2017 when it surged from under $1 to nearly…
Ripple’s XRP token has had quite a run in 2025. The asset breached the $3 mark earlier this year in January after nearly seven years. XRP may be gearing up for an incredible price spike over the coming years.Also Read: US Stock Rises 36% in a Month: It’s Not Nvidia, Microsoft, or AppleHere’s What Makes XRP A Solid InvestmentSource: CoinpediaRipple’s XRP token struggled to gain momentum over the last few years. The SEC’s lawsuit against the fintech company presented significant hurdles to the asset. The SEC vs. Ripple lawsuit was finally closed earlier this year. XRP’s path to new highs…
Crypto Journalist Amin Ayan Crypto Journalist Amin Ayan About Author Amin Ayan is a crypto journalist with over four years of experience in the industry. He has contributed to leading publications such as Cryptonews, Investing.com, 99Bitcoins, and 24/7 Wall St. He has… Share Last updated: May 24, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from…
Over $50 million in shorts were liquidated after Ethereum broke through a dense liquidity zone. Large ETH wallets accumulated 1.4M ETH, hinting at growing institutional confidence. Something interesting has happened in the Ethereum market lately. At the $2,700 price level, long considered a “fortress” by many short traders, ETH suddenly exploded upwards, breaking through the level and immediately triggering a wave of liquidations. A Price Surge That Flipped the Game in Seconds According to analyst Amr Taha of CryptoQuant, on Binance, over $50 million in short positions were wiped out in an instant. Imagine if you had just placed a…
There’s a lot of buzz in the crypto world right now about XRP. Many people online are speculating that the U.S. Securities and Exchange Commission (SEC) might soon approve several XRP spot ETF applications. Big companies like Bitwise, Grayscale, Franklin Templeton, and 21Shares have already submitted their applications, and some important decision dates are coming up soon.The first major date to watch is June 17, 2025, when the SEC is expected to make a decision on Franklin Templeton’s spot XRP ETF application. Other decisions are also lined up — Grayscale’s deadline was May 21, 2025 and Bitwise is waiting for…
