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Showing posts with the label rlusd

Ripple RLUSD Approved in Dubai: XRP Eyes 21.5% Price Surge

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Ripple’s RLUSD has received official approval from Dubai’s financial regulator, and this marks a significant step forward for XRP price prediction and cryptocurrency adoption in the Middle East. The Dubai Financial Services Authority (DFSA) cleared Ripple’s stablecoin for use within the Dubai International Financial Centre (DIFC) , and this development is driving renewed optimism about XRP’s potential for a substantial 21.5% price growth right now. XRP price prediction chart showing current levels and future projections – Source: CoinCodex Also Read: RLUSD Listed on $711B Exchange as Saudi Prince Backs Ripple How Ripple RLUSD Approval Boosts XRP Price Prediction & Crypto Growth Source: Bitcoin.com The regulatory approval of Ripple RLUSD by the Dubai Financial Services Authority represents more than just another licensing milestone. Firms located within the Dubai International Financial Centre which has almost 7,000 companies, will be able to employ Ripple ...

Cardano Price Prediction: ADA Surges 5% As Charles Hoskinson Eyes RLUSD Partnership With Ripple, While Traders Flock To This ICO For The Next Big Crypto

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The Cardano price pumped over 5% in the last 24 hours to trade at $0.7532 as of 6:21 a.m. EST as investors buy into the crypto. This increase in the ADA price comes after Cardano founder Charles Hoskinson recently opened up about the possibility of implementing Ripple’s RLUSD on the network. In a recent AMA YouTube session , Hoskinson said he is in ongoing discussions with Ripple’s CEO Brad Garlinghouse and CTO David Schwartz. Cardano Price Gets Rejected By Resistance 4-hour chart for ADA/USD (Source: GeckoTerminal) The Cardano price was rejected by the resistance level at $0.8041 in the last 24 hours, GeckoTerminal data shows. This rejection was followed by a pullback, bringing ADA to its current price. If bulls do not step in soon, the altcoin could end up testing the immediate support level at $0.6341. A drop below this technical safety net might lead to ADA falling further. On the other hand, buyers entering ADA’s order books in the next few hours could lea...

This year’s worst-performing top 10 crypto is XRP

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Even after today’s 4% retracement off October’s near-record highs for crypto prices, most major assets have rallied year-to-date. Bitcoin has added 66% to its market capitalization while smaller assets like Dogecoin and BNB have nearly doubled. In fact, every top 10 crypto asset has posted positive or neutral performance in 2024 except one: XRP. With total crypto market capitalization $680 billion higher than January 1, holders of XRP are disappointed, to say the least. Even troubled stablecoins like tether — with its 19 run-ins with the US government, including a Manhattan US Attorney investigation this month — have performed better than the Ripple-promoted coin. The pain is even more acute after Ripple partially prevailed in the highest-profile lawsuit in crypto history and earned a ruling from Judge Analisa Torres that many secondary transactions of XRP purchases by retail investors were not securities transactions. Year-to-date, XRP is down 17% and has shed ...

Ripple Says 2025 is a Breakthrough Year: What it Means for XRP

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In a recent post, Ripple Labs has referred to 2025 as a breakthrough year for the company, which has many traders pondering what that means for XRP. Indeed, the incoming year is set to be huge for the XRP Ledger. Yet, that could have massive implications for the company’s native crypto. September arrived with a plethora of new announcements from Ripple. Among them was the unveiling of Ethereum-compatible smart contracts to the ledger. Moreover, a company blog post has called 2025 a “significant year” for further developments that could develop into a vital year for XRP. Also Read: Ripple to Add Ethereum Smart Contracts to its XRP Ledger Ripple Has Big Plans for 2025: Could XRP Be Set to Surge? 2024 was supposed to be crucial for XRP. Indeed, the years long legal battle with the US Securities and Exchange Commission (SEC) was set to come to an end. Yet, with that settlement arriving, the asset has failed to live up to the hype. A poor August has left the crypto up only ...