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Cryptocurrency News Articles
After a Lengthy Downtrend, XRP Now Shows Multiple Bullish Signals
May 21, 2025 at 02:16 pm
XRP (XRP) price prediction for May 21: Is consolidation hinting at a breakout or breakdown?
After a lengthy downtrend, XRP now shows multiple bullish signals. Its on-chain fundamentals turned sharply positive, and the cryptocurrency is currently consolidating just below key Fibonacci resistance, fueling talk of a significant price breakout.
Some market analysis, including points from a Messari report highlighted on their X account (@MessariCrypto), suggests the digital asset could be setting up for a move above $3, and possibly even toward the $5 mark.
State of XRP Ledger Q1Key Update: Ripple acquires global prime broker Hidden Road, positioning XRP Ledger for institutional adoption and expanded DeFi capabilities.QoQ Metrics 📊• Daily active addresses ⬆️ 142%• Average daily CLOB volume ⬆️ 74%• RLUSD market cap on XRPL… pic.twitter.com/miW3PtZz6z
XRP Fundamentals Shine: Q1 Market Cap Gains, Active Addresses Soar 142%
According to Messari’s report, XRP was one of the few major cryptocurrencies to post market cap gains in Q1 2025, rising 2% quarter-over-quarter. This stands in stark contrast to the broader crypto market, which saw Bitcoin, Ethereum, and Solana shed over 20% each during the same period.
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- Crypto enthusiasts descend on Dubai hoping Trump's buoyant mood can keep going despite signs the euphoria around his crypto stance is ebbing.
- Jun 10, 2025 at 12:01 am
- Speakers at the two-day event in the desert city include chief executives at some of the world's major crypto firms, the head of digital assets at BlackRock and Goldman Sachs, as well as the U.S. president's son, Eric Trump
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- South Korea's Financial Services Commission (FSC) Announces New Crypto Regulations for Nonprofits and Virtual Asset Exchanges
- Jun 09, 2025 at 11:55 pm
- In a significant regulatory shift, South Korea's Financial Services Commission (FSC) has announced that, beginning June 1, nonprofit organizations and virtual asset exchanges will be allowed to legally sell their virtual assets.
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