Recently, there have been significant whale activities involving XRP.
Positive factors, including the RLUSD approval, could support XRP's further upward trend.
Just a few days after Ripple's stablecoin officially obtained
approval from the New York authorities, optimism remains high about the cryptocurrency's potential.
Although the price is consolidating in the daily chart, the trend is positive in the weekly chart. The price at the time of publication was $2.41, with a 1.32% price increase in the past day and a 1.14%
spike in the weekly chart.
Recent Price Changes
XRP still ranks the fourth largest cryptocurrency on
CoinMarketCap, with a market capitalization of $137 billion. However, the
trading volumes dropped by 50% in the past 24 hours to $11.79 billion. Beyond
the volatility, XRP is perceived as the most resilient cryptocurrency.
Few cryptocurrencies have managed to sustain growth amid regulatory challenges, including Ripple's legal tussle with the SEC. Now, Ripple's XRP is attracting other digital asset projects to launch on its blockchain, the XRP Ledger.
XRP Price on the Daily Chart, Source: CoinMarketCap.
Among these projects is a meme coin dubbed $PHNIX. According to a statement the company shared with GlobalNewswire, the project launched on FirstLedger, a decentralized exchange on XRP Ledger. The blockchain reportedly supports applications focusing on payments and micropayments.
Ripple introduced RLUSD in October in collaboration
with top crypto exchanges and financial institutions. The digital asset is
designed to support cross-border payments and will reportedly be available to
users worldwide.
Commenting about the approval, Ripple's CEO Brad
Garlinghouse said on X: “This just in… we have final approval from the
NYDFS for $RLUSD! Exchange and partner listings will be live soon, and
reminder: when RLUSD is live, you'll hear it from Ripple first.”
Whale Activities and Price Prediction
The positive development in blockchain could be behind the recent Whale activities, a term referring to the massive transfer of vast
amounts of digital assets by large investors, mostly institutions.
Over the past 24 hours, Ripple reportedly transferred
a staggering 580 million XRP, causing speculation about its strategic moves.
Whale Alert reported over $1.5 billion worth of XRP transferred in just two
days, moves that could also have excited the market.
Technically, XRP prices are locked in a consolidation between the $1.9 support and $2.8 resistance levels. The price has remained within this range since December 1. In the short term, these levels will determine whether the price will rise or drop. The Relative Strength Indicator (RSI) also shows that the price has not reached the overbought zone.
XRP's Daily Chart, Source: TradingView
However, prices could maintain an upward trend in the
long term amid the positive sentiment the cryptocurrency is currently enjoying.
This includes the recently approved stablecoin, optimism around favorable
crypto regulations in the US, and the overall market sentiment.
Just a few days after Ripple's stablecoin officially obtained
approval from the New York authorities, optimism remains high about the cryptocurrency's potential.
Although the price is consolidating in the daily chart, the trend is positive in the weekly chart. The price at the time of publication was $2.41, with a 1.32% price increase in the past day and a 1.14%
spike in the weekly chart.
Recent Price Changes
XRP still ranks the fourth largest cryptocurrency on
CoinMarketCap, with a market capitalization of $137 billion. However, the
trading volumes dropped by 50% in the past 24 hours to $11.79 billion. Beyond
the volatility, XRP is perceived as the most resilient cryptocurrency.
Few cryptocurrencies have managed to sustain growth amid regulatory challenges, including Ripple's legal tussle with the SEC. Now, Ripple's XRP is attracting other digital asset projects to launch on its blockchain, the XRP Ledger.
XRP Price on the Daily Chart, Source: CoinMarketCap.
Among these projects is a meme coin dubbed $PHNIX. According to a statement the company shared with GlobalNewswire, the project launched on FirstLedger, a decentralized exchange on XRP Ledger. The blockchain reportedly supports applications focusing on payments and micropayments.
Ripple introduced RLUSD in October in collaboration
with top crypto exchanges and financial institutions. The digital asset is
designed to support cross-border payments and will reportedly be available to
users worldwide.
Commenting about the approval, Ripple's CEO Brad
Garlinghouse said on X: “This just in… we have final approval from the
NYDFS for $RLUSD! Exchange and partner listings will be live soon, and
reminder: when RLUSD is live, you'll hear it from Ripple first.”
Whale Activities and Price Prediction
The positive development in blockchain could be behind the recent Whale activities, a term referring to the massive transfer of vast
amounts of digital assets by large investors, mostly institutions.
Over the past 24 hours, Ripple reportedly transferred
a staggering 580 million XRP, causing speculation about its strategic moves.
Whale Alert reported over $1.5 billion worth of XRP transferred in just two
days, moves that could also have excited the market.
Technically, XRP prices are locked in a consolidation between the $1.9 support and $2.8 resistance levels. The price has remained within this range since December 1. In the short term, these levels will determine whether the price will rise or drop. The Relative Strength Indicator (RSI) also shows that the price has not reached the overbought zone.
XRP's Daily Chart, Source: TradingView
However, prices could maintain an upward trend in the
long term amid the positive sentiment the cryptocurrency is currently enjoying.
This includes the recently approved stablecoin, optimism around favorable
crypto regulations in the US, and the overall market sentiment.
Ethereum’s Vitalik Buterin Defends Prediction Markets, Calling Them ‘Healthier’ Than Stocks
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
How does the Finance Magnates newsroom handle sensitive updates that may affect a brand?
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Yam Yehoshua, Editor-in-Chief at Finance Magnates, explains the approach: reaching out before publication, hearing all sides, and making careful, case-by-case decisions with balance and responsibility.
⚖ Balanced reporting
📞 Right of response
📰 Responsible journalism
#FinanceMagnates #FinancialJournalism #ResponsibleReporting #FinanceNews #EditorialStandards
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Executive Interview | Kieran Duff | Head of UK Growth & Business Development, Darwinex | FMLS:25
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Here is our conversation with Kieran Duff, who brings a rare dual view of the market as both a broker and a trader at Darwinex.
We begin with his take on the Summit and then turn to broker growth. Kieran shares one quick, practical tip brokers can use right now to improve performance. We also cover the rising spotlight on prop trading and whether it is good or bad for the trading industry.
Kieran explains where Darwinex sits on the CFDs-broker-meets-funding spectrum, and how the model differs from the typical setups seen across the market.
We finish with a look at how he uses AI in his daily workflow — both inside the brokerage and in his own trading.
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
Why does trust matter in financial news? #TrustedNews #FinanceNews #CapitalMarkets
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
According to Yam Yehoshua, Editor-in-Chief at Finance Magnates, in a world flooded with information, the difference lies in rigorous cross-checking, human scrutiny, and a commitment to publishing only factual, trustworthy reporting.
📰 Verified reporting
🔎 Human-led scrutiny
✅ Facts over noise
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
In this video, we take an in-depth look at @Exness , a global multi-asset broker operating since 2008, known for fast withdrawals, flexible account types, and strong regulatory coverage across multiple regions.
We break down Exness’s regulatory framework, supported trading platforms including MetaTrader 4, MetaTrader 5, Exness Terminal, and the Exness Trade App, as well as available account types such as Standard, Pro, Zero, and Raw Spread.
You’ll also learn about Exness’s leverage options, fees and commissions, swap-free trading, available instruments across forex, commodities, indices, stocks, and cryptocurrencies, and what traders can expect in terms of execution, funding speed, and customer support.
Watch the full review to see whether Exness aligns with your trading goals and strategy.
👉 Explore Exness’s full broker listing on the Finance Magnates Directory:
https://directory.financemagnates.com/multi-asset-brokers/exness/
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
Connect with us:
🔗 LinkedIn: /financemagnates
👍 Facebook: /financemagnates
📸 Instagram: https://www.instagram.com/financemagnates
🐦 X: https://x.com/financemagnates
🎥 TikTok: https://www.tiktok.com/tag/financemagnates
▶️ YouTube: /@financemagnates_official
#Exness #ExnessReview #Forex #FinanceMagnates #ForexBroker #BrokerReview #CFDTrading #OnlineTrading #MarketInsights
FINANCE MAGNATES LONDON SUMMIT 2025
FINANCE MAGNATES LONDON SUMMIT 2025
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
The FMLS:25 highlights video is now live - a look back at the conversations, the energy on the floor, and the moments that shaped this year’s summit.
While that’s still fresh, the next launches across the FM Events portfolio are already taking shape.
FM Singapore takes place on the 12-14 of May, connecting the APAC market with its own distinct audience and priorities. FMAS:26 heads to Cape Town on 26–27 May shortly after, bringing the focus to Africa’s trading and fintech ecosystem.
Different regions. Different audiences. Same commitment to building the right rooms for meaningful conversations.
More details coming very soon. The launches are imminent. - here you go
