Latest news with #Ripple
Yahoo
an hour ago
- Business
- Yahoo
XRP Early Buyers Accelerate Profit-Taking as Regulatory Wins Bolster XRP Ecosystem
XRP XRP has staged one of the strongest rallies among crypto majors this cycle, but early retail holders are heading for the exit under the surface. Now trading above $2 — more than thrice its pre-rally base from October 2024 — XRP has become one of the best-performing large-cap tokens over the past 8 months. Investors who bought below 60 cents are sitting on gains upward of 300%, prompting a sharp pickup in profit-taking. According to on-chain data from Glassnode, the 7-day simple moving average (SMA) of realized profits from XRP wallets hit $68.8 million earlier this month, the highest in over a year. That's a clear sign of distribution pressure, with early accumulators cashing out into strength as the token tests key resistance levels just below its 2021 peak. That profit-taking pressure may help explain XRP's failure to break above $2.20 in recent sessions, despite multiple bullish headlines and technical the broader setup remains positive, supported by regulatory clarity in the U.S. and Ripple's growing push into tokenized asset infrastructure, the near-term price action reflects a supply overhang from long-term holders. A recent CryptoQuant analysis showed that the 1-year cumulative buy/sell quote volume difference for altcoins (excluding BTC and ETH) — a proxy for net investor flows — currently stands at negative $36 billion. That's a sharp reversal from December 2024, when the metric briefly flipped positive, marking a local top for altcoins. Since then, it's been a one-way bleed, with 'altcoin investors MIA,' CryptoQuant independent analyst Burak Kesmeci said in a Thursday post. Despite pockets of strength in XRP, SOL, and a few narrative tokens tied to real-world assets (RWAs), the broader altcoin ecosystem remains stuck in a bear market, he noted. Unless risk appetite returns or capital flows back into Layer 1s, DeFi, and gaming, hopes of an 'altseason' may continue to fade into the in to access your portfolio
Yahoo
an hour ago
- Business
- Yahoo
3 Key Headwinds Facing XRP
XRP has a lot in its favor at the moment. But no investment is without a few obstacles. XRP's biggest problem at the moment is that it has plenty of competition. 10 stocks we like better than XRP › Investors in XRP (CRYPTO: XRP) are in a good position today. The coin has broken above $2 and sports a market cap north of $127 billion, making it the world's fourth-largest cryptocurrency. It's seeing widespread adoption by institutional investors, and there are a plethora of other reasons to be bullish about XRP's future. Yet three headwinds are blowing straight in its face, and they explain why the gains have cooled since March. None of them are fatal, but ignoring them is like pretending a stiff breeze won't slow a kayak. So let's look at each challenge and see what it might mean for long-term holders. The first challenge is the chain's competition from other cryptocurrencies and fintechs. Ethereum now anchors roughly $126 billion of the $240 billion stablecoin market, cementing its role as the default solution for dollar-denominated transfers in the crypto sector despite its frequent clunkiness and mediocre user experience on average. Every stablecoin dollar routed through Ethereum is one less unit that might have been transferred via the XRP Ledger (XRPL). Meanwhile, traditional payment processors are rolling out the same kinds of cross-border tools that once made XRP look revolutionary. Visa just backed a fintech moving $12 billion a year in stablecoin settlements for businesses. Stripe, another payment processing company, is striking bank partnerships to do the same. These companies own distribution channels, meaning that merchants already clear trillions of dollars through their pipes every year. If they add stablecoin rails, corporate treasurers have fewer reasons to bother with a crypto they have never held. In theory, XRPL's speed and tiny fees still shine. In practice, network effects reward the chain where counterparties already keep accounts. Unless Ripple, the business that issues XRP, can persuade the next wave of stablecoin issuers to launch natively on XRPL or deliver a blockbuster central-bank deal, the payments pie could keep enlarging without XRP securing a bigger slice. For a value-oriented cryptocurrency like Bitcoin, the scarcity of coins is a major driver of higher prices, as new coins can only be produced at a very slow rate. So there's no untapped major reservoir of supply that buyers can reliably count on. With XRP, supply trickles in like clockwork. Ripple's programmatic schedule releases 1 billion XRP from escrow on the first of every month. Roughly 80% of that sum is relocked and thus retained, but 100 million to 200 million coins still hit the float (get sold) in each cycle. At $2.15 per coin, that is $215 million of potential sell pressure every 30 days. Annualized, the unlocked supply could reach 1.2 billion coins, equal to about 2% of XRP's circulating base of 58.9 billion. That dilution is mild compared with new token issuance elsewhere, yet it matters in a market where marginal buyers care about float, not total cap. Every fresh tranche forces investors to absorb inventory before the price can advance. And aside from preventing prices from surging upward due to a supply shock, the mere existence of the tokens leaving escrow is enough to spook some investors and discourage them from buying anything at all. Finally, market sentiment about the crypto sector as a whole is stuck in a rut that's likely dragging on XRP to some degree. A Pew Research Center study from 2024 found 63% of U.S. adults have little to no confidence that today's crypto platforms are safe or reliable. Given XRP's commitment to offering compliance tools to help institutional investors and banks obey regulations, those fears are overblown, but people still have them. Another Pew survey, from 2022, found that 46% of people who actually bought crypto say performance has fallen short of expectations. Skepticism translates into smaller purchases and slower conversion of the curious into the committed. That matters because retail investors still drive a big slice of crypto's price elasticity. Crypto fatigue is psychological, and bear market scars heal on their own timetable. Assuming continued macro calm, a few years of visible real-world usage could flip the narrative. Until then, doubt will act like gravity on XRP's rallies -- but be aware that doesn't mean it can't grow significantly anyway. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Alex Carchidi has positions in Bitcoin and Ethereum. The Motley Fool has positions in and recommends Bitcoin, Ethereum, Visa, and XRP. The Motley Fool has a disclosure policy. 3 Key Headwinds Facing XRP was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
an hour ago
- Business
- Yahoo
2 Reasons to Buy Ripple (XRP) Before 2026
Blockchain solutions like XRP are rapidly gaining credibility. However, there's another factor that could help Ripple even more in 2025. 10 stocks we like better than XRP › It's been a strange year for XRP (CRYPTO: XRP) investors. Roughly one year ago, Ripple traded at just $0.50. In November, however, the crypto asset skyrocketed in value above the $2 mark. After many months of volatility, XRP's value remains just above the $2 level. If you've been thinking about buying, there are two reasons to jump in before 2026 arrives. Since launching in 2012, Ripple struggled to turn its lofty vision into reality. At its core, Ripple seeks to revolutionize the global banking industry by improving how cross-border transactions are processed. Today, global banks rely on the SWIFT system. Settlements typically take several days, often with several intermediary banks getting involved, adding complexity and costs. Tracking funds throughout this process can be difficult, if not impossible, until the entire process has completed. Ripple, meanwhile, uses a single ledger to track each transaction. Fees are a fraction of what the SWIFT system charges, and every transaction is traceable in real time. Settlement occurs in seconds, with automated reconciliation making sure everything went according to plan. On paper, Ripple is a superior approach. The problem is getting big financial institutions to adopt a relatively new way of processing transactions. Even though Ripple has run many pilot projects to demonstrate its network's capabilities, adoption has been slow. Why? According to one report, "Many banks hesitate to use XRP due to regulatory uncertainty surrounding cryptocurrencies." The crypto industry as a whole still has an up-and-down reputation. Plus, Ripple itself has been involved in SEC investigations. Recently, however, the SEC settled its lawsuit with Ripple. Meanwhile, blockchain solutions continue to gain adoption throughout a wide variety of industries and use cases. More than half of all Fortune 100 companies now use blockchain technology in some way. As adoption for adjacent technologies gains traction, don't be surprised to see Ripple's acceptance rise in tandem. In fact, there's a catalyst that could drive XRP's adoption faster than most expect. There's no shortage of geopolitical events. Everything seems to be happening right now, from political uncertainty and regulation changes to exchange rate volatility and shifting trade policies. All of this could ultimately assist Ripple's adoption. One of Ripple's main advantages is that it's relatively border agnostic. It's less controlled by large regulatory bodies that have more influence on the SWIFT network, and its transparency in tracking transactions, plus its speed in doing so, could be a huge plus in a world where global trust is lower than historical norms. Its decentralized ledger, meanwhile, is arguable more resilient than centralized solutions that can be more easily targeted by attacks. Of course, global uncertainty could also hit global economic output, and thus affect the value of global cross-border transactions -- a direct blow to Ripple's business model, and thus the price of XRP as an asset. But for those thinking long term, geopolitical uncertainty could ultimately be a boon for Ripple. Its system arguably has more built-in trust than other frameworks that can change at any moment due to political or regulatory shifts. While global events are difficult to predict, it's hard to imagine the world being more stable in 2026 than 2025, giving long-term investors more reason to buy this year, potentially before banks start looking for more resilient alternative payment rail solutions like Ripple. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor's total average return is 995% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Ryan Vanzo has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends XRP. The Motley Fool has a disclosure policy. 2 Reasons to Buy Ripple (XRP) Before 2026 was originally published by The Motley Fool
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Business Standard
10 hours ago
- Business
- Business Standard
Bitcoin slips to monthly low as Israel-Iran conflict spooks investors
Bitcoin price today, Friday, June 20, 2025: The ongoing geopolitical conflict in the Middle East between Israel and Iran, compounded by the US Federal Reserve's decision to hold interest rates, has pushed the flagship cryptocurrency Bitcoin to its lowest level this month, touching $103,940. Bitcoin, analysts said, is in a phase of consolidation due to global macroeconomic uncertainty. Bitcoin was trading at around $104,714.58, down 0.20 per cent, with a 24-hour volume of $36.34 billion, as of 11:40 AM on Friday, according to data from CoinMarketCap. The bellwether cryptocurrency recorded a 24-hour low of $103,940.78 and a high of $105,104.40. Bitcoin is currently 6.79 per cent lower than its peak of $111,970.17, scaled on 22 May this year. Bitcoin faces restistance at $106,200 levels Bitcoin, Edul Patel, Co-founder and CEO of Mudrex, said, remains in a consolidated range due to global macroeconomic uncertainty. Geopolitical tensions in the Middle East, combined with the US Federal Reserve's decision to hold interest rates, Patel believes, have led to a risk-averse stance in the market. "Despite holding above the critical $100,000 level for over 40 days, Bitcoin continues to see muted trading activity, showing limited buying pressure. Bitcoin hasn't acquired enough strength to make a strong move," said Patel. For Bitcoin, Patel sees immediate support at $102,400, while key resistance is forming near $106,200. Meanwhile, Himanshu Maradiya, Founder & Chairman of CIFDAQ, believes that the consolidation in the crypto market is due to microeconomic pressure. "The Fed's unchanged rates and lowered growth projections have investors cautious. Still, signs of structural adoption are strong. Coinbase and Circle stocks are soaring, driven by rising stablecoin and blockchain demand," said Maradiya. "Public companies are diversifying into Hyperliquid, and Eigencloud's a16z-backed launch signals the growing power of restaking and modular crypto infrastructure." Ethereum and other altcoins trade lower Meanwhile, Ethereum (ETH), the world's second-largest cryptocurrency by market capitalisation, was also following a similar trajectory. At last check, it was quoted trading at $2,507.62, down 0.76 per cent. Ethereum has fluctuated in the range of $2,486.10 to $2,544.83 in the last 24 hours. Among other popular cryptocurrencies, Hyperliquid (HYPE) was trading lower by 6.67 per cent, Ripple (XRP) by 2.67 per cent, Solana (SOL) was down 2.6 per cent, Cardano (ADA) was trading lower by 2.59 per cent, and Binance Coin (BNB) was trading lower by 0.46 per cent.
Yahoo
19 hours ago
- Business
- Yahoo
XRP Tests Key Support as Traders Watch for Breakout Signal
XRP is tightening its trading range near $2.15, signaling a potential breakout as majors remain rooted to the whims of macroeconomic token's current price action reflects an extended accumulation phase, with technical indicators showing decreasing volatility and firm support around the 38.2% Fibonacci retracement level. XRP's recent stability comes as broader economic forces loom large. Escalating trade tensions between major economies and diverging central bank policies continue to pressure risk assets, creating headwinds for crypto investors. Despite this, XRP has maintained a steady price floor following its explosive January rally to $3.39. Ripple's legal standoff with the U.S. SEC remains a key wildcard. Settlement talks are reportedly ongoing, and speculation continues to build around a potential XRP spot ETF, with Franklin Templeton's application delayed but still under consideration. Meanwhile, Ripple's leadership claims that XRP could capture up to 14% of SWIFT's transaction volume — a massive leap in institutional use case. The crypto market's cautious tone has not dampened interest in Ripple's cross-border payment infrastructure. And with technical compression now peaking, traders are watching closely for signs of a confirmed breakout or breakdown. XRP traded within a narrow 24-hour range from $2.135 to $2.186, showing signs of a market coiling for a move. A bullish burst between 13:21 and 13:30 pushed prices from $2.151 to $2.158 on high volume, suggesting growing buyer interest. The price briefly pulled back to $2.150 in the 13:47–13:48 window — a critical zone that aligns with the 38.2% Fibonacci retracement from January's high. XRP posted a 2.38% trading range over 24 hours, from $2.135 to $2.186. Support held at $2.133 with above-average volume; resistance formed near $2.186. Current trading band between $2.150–$2.165 shows narrowing volatility — a classic pre-breakout structure. Fibonacci support at $2.152 (38.2% retracement) remains intact. Volume spike confirmed local high at $2.158 during 13:21–13:30. Sharp dip to $2.150 tested key support; quick recovery to $2.152 shows buying strength. RSI and MACD trending flat, indicating a potential breakout setup once volume returns. Disclaimer: Portions of this article were generated with the assistance of AI tools and reviewed by CoinDesk's editorial team for accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
