The **cryptocurrency market** saw a surge in **XRP** tokens by 7% amidst settlement hopes between **Ripple** and the Securities and Exchange Commission (SEC). The community speculates a price rally to touch $1 soon, with some predicting a rise to $1.5. In other news, **Ripple** will be allocating $10M to tokenized U.S Treasury bills on the XRP Ledger. Furthermore, the company plans to inject another $10M into tokenized Treasury Bills, signaling a bullish movement for XRP price. A significant increase in whale movements was observed, speculating a possible price rally. However, on the downside, **Bitcoin**, **Ethereum**, **Solana**, and **XRP** all witnessed a price drop, with Bitcoin falling below $65,000. OpenEden announced the launch of tokenized T-Bills on the **XRP Ledger**. Meanwhile, billionaire Mark Cuban revealed his 'crazy' Bitcoin price prediction amidst wild market swings, and discourse around **XRP** continues to heat up. Many believe that the coin is ready for an astronomical surge by 21,000% to over $150. **Ripple** partnership announcement with Fenascbac in Brazil was a big push for blockchain innovation, keeping **Ripple** and **XRP** high on investor's radar. The case against **Ripple** by the SEC continues with no clear outcome expected soon.
XRP Coin News Analytics from Wed, 31 Jan 2024 08:00:00 GMT to Thu, 01 Aug 2024 14:22:53 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 6