Ripple and Peersyst Devs Push XRP Toward Ethereum Compatibility With First Phase of an EVM Sidechain – Altcoins Bitcoin News

According to an announcement from Ripple’s core development team Ripplex, developers have introduced the first step toward Ethereum Virtual Machine (EVM) compatibility with the XRP-based sidechain XRPL. The XRPL is now live on Devnet and developers can “assess available technologies,” alongside deploying “existing Solidity apps on the EVM sidechain.” Ripple Core Developers and Peersyst Reveal First Phase of the EVM Sidechain XRPL On Monday, October 17, Ripplex announced the introduction of the XRP-based and EVM-compatible side chain XRPL. The distributed ledger project XRP is the sixth largest crypto project by…

BTC, ETH, BNB, XRP, ADA, SOL, DOGE, DOT, MATIC, SHIB

The United States equities markets have made a bullish start to the new week. The S&P 500 is up about 2.60% and the Nasdaq Composite has rallied more than 3%. This indicates that the markets have shrugged off September’s high inflation reading and shifted focus onto the third-quarter earnings. The stock market’s recovery could pave the way for Bitcoin (BTC) to break out of the range it has been stuck in for the past several days. A positive sign for the bulls is that the amount of Bitcoin held in…

Can XRP Continue To Outperform Bitcoin?

Ripple struggled to clear the $0.550 resistance against the US Dollar. XRP price is now moving lower and might drop further similar to bitcoin. Ripple faced a strong selling interest near the $0.55 zone against the US dollar. The price is now trading below $0.500 and the 100 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.4940 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The pair could decline heavily if there is a clear move below…

Ripple (XRP) Shows Itself As Crypto Powerhouse; Will Price Reach $1?

XRP price shows the market how to run the show as the price remains bullish with good volume and strength. XRP trades above support as the price aims to continue its trend movement as the price keeps holding above 8 and 20-day EMA. The price of XRP eyes a rally to $1 as key resistance was flipped into support with more buy orders.  The price of Ripple (XRP) has continued to show its strength as price trends with a key breakout from a downtrend range against tether (USDT). With the…

Ripple Outperforming Whole Market, What’s Pumping XRP Price? 

The currency of the blockchain-powered online payment platform, XRP, has gained almost 60% in the past week. After briefly dipping to $0.34 five days ago, the token climbed back and traded around $0.52 this morning. Crypto influencer Ben Armstrong claims to know the reason behind this continuous climb amid the current general crypto bear market. The multiple-crypto holder shared his two cents about the state of events with his 800k plus followers on Twitter yesterday. Related Reading: Maker DAO Shows Bullish Sentiment After A While, Eyes $800? Influencer Believes Impending…

XRP Signals Considerable Uptick – Will Social Media Lift Its Price Past $0.34?

XRP price has demonstrated a significant uptick that come with engaging social media tweets and discussing. Does this hint a potential bull run?         XRP price amplified by social media mentions during summer         Ripple now an official World Economic Forum partner           Crypto price bleeds by 10% in 24 hours Ripple Is Now The Official Partner Of WEF Now, Ripple is an official partner of the World Economic Forum as announced on their website which also adds another layer of…

Crypto Community Remains Upbeat On XRP, Despite Bearish Market Conditions

The crypto community got a major surprise two years ago when a leading provider of crypto solutions for businesses was slapped with a lawsuit by the U.S. Securities and Exchange Commission. Ripple was taken to court by the SEC, which sparked what has become the most closely watched legal showdown in the cryptocurrency industry. The SEC’s lawsuit accusing Ripple of breaking securities laws has devolved into a lengthy legal dispute, with the future of cryptocurrency regulation potentially at risk. The case, which was filed in December 2020, revolves around the Commission’s…

XRP Whales Boost Accumulation Appetite, Register 2-Month Peak Holding Supply

The total supply of XRP circulating in the market is now at 48.3 billion from the total XRP supply of 100 billion. XRP whales currently hold from 1 million to 10 million XRPs and are on a massive hoarding spree with an uptick in supply stretching out to a two-month high. These active XRP whales currently chalked up over 6.12% of the total XRP. Despite the collapse of the crypto market, Ripple whales have resurfaced to be increasingly daring and active.   According to Santiment, “XRP Network whales holding between 1M…

Ripple (XRP) Plunges To $0.43 With Bears In Full Swing

Ripple (XRP) has plummeted to $0.43, with bears now skyjacking the market following a tremendous drop in the past week. While the price seems to have improved in the past couple of days, the bulls have somewhat shoved bears to their current market movement. The past week did not look suitable for Ripple traders and investors as XRP collapsed to a drop of 42% and closed at $0.4255. The entire week was seen to drift following a bearish movement which dropped to $0.4018 before it regained momentum to $0.4123 for…