The price of XRP has risen over 600% since November, reaching $3.40.
Bitcoin remains the most-traded asset on Binance, despite XRP leading on Coinbase.
XRP, the third-largest cryptocurrency by market
capitalization, has surpassed Bitcoin (BTC) as the most-traded digital asset on
Coinbase. This development highlights a shift in US trading preferences on the
Nasdaq-listed cryptocurrency exchange, often considered a barometer for
domestic demand.
XRP's price action shows resistance at the $3.35000 level,
entering a bearish correction phase. Analysts are monitoring the $3.20250 level
on intraday charts, which could indicate the next directional move for XRP/USD.
XRP Trading Volume Rises with Demand
The increase in XRP trading volume coincides with a broader
recovery in US demand. This trend was foreshadowed by the Coinbase premium
indicator, which suggested rising interest in XRP a week ago.
As of the latest data, the XRP/USD trading pair represented
23.8% of Coinbase's 24-hour trading volume, amounting to $1.65 billion. BTC/USD
and ETH/USD followed, accounting for 19.73% and smaller fractions,
respectively. On Binance, XRP maintained its position as the second-most traded
cryptocurrency.
Source: Coingecko
Bitcoin continues to dominate trading volumes on Binance,
the largest cryptocurrency exchange by volume, although it remains inaccessible
to US investors.
Since November, XRP has experienced a price increase
exceeding 600%, reaching $3.40, its highest level since 2017. This week's
valuation alone has grown by approximately one-third, according to CoinDesk and
TradingView.
XRP Approaches Key Support Level Again
XRPUSD H1 Chart, Source: TradingView
The XRP/USD H1 chart shows that the price has been trending
upwards, following a trend line. After reaching $3.40000, the cryptocurrency
underwent a significant bearish correction. The $3.20250 level has served as
support, with the price reacting multiple times at this point. As the price
approaches this level once again, traders may watch for a potential bullish
reversal pattern to go long.
Ripple Faces SEC Appeal, Donates $100K in XRP, Expands XRP
Ledger Adoption in Japan
On January 15, 2025, the
US Securities and Exchange Commission (SEC) filed an appeal challenging a
federal court's ruling in its ongoing case against Ripple Labs. The SEC
contends that the New York District Court erred in determining that XRP sold to
retail investors was not part of an unregistered securities offering.
In other news, Ripple
announced a $100,000 donation in XRP to support communities affected by the
California wildfires. The donation will be directed to World Central Kitchen
and GiveDirectly, nonprofit organizations aiding in immediate relief and
long-term recovery. Entrepreneur Jared Isaacman has pledged to match the
donation, potentially doubling the assistance.
XRP, the third-largest cryptocurrency by market
capitalization, has surpassed Bitcoin (BTC) as the most-traded digital asset on
Coinbase. This development highlights a shift in US trading preferences on the
Nasdaq-listed cryptocurrency exchange, often considered a barometer for
domestic demand.
XRP's price action shows resistance at the $3.35000 level,
entering a bearish correction phase. Analysts are monitoring the $3.20250 level
on intraday charts, which could indicate the next directional move for XRP/USD.
XRP Trading Volume Rises with Demand
The increase in XRP trading volume coincides with a broader
recovery in US demand. This trend was foreshadowed by the Coinbase premium
indicator, which suggested rising interest in XRP a week ago.
As of the latest data, the XRP/USD trading pair represented
23.8% of Coinbase's 24-hour trading volume, amounting to $1.65 billion. BTC/USD
and ETH/USD followed, accounting for 19.73% and smaller fractions,
respectively. On Binance, XRP maintained its position as the second-most traded
cryptocurrency.
Source: Coingecko
Bitcoin continues to dominate trading volumes on Binance,
the largest cryptocurrency exchange by volume, although it remains inaccessible
to US investors.
Since November, XRP has experienced a price increase
exceeding 600%, reaching $3.40, its highest level since 2017. This week's
valuation alone has grown by approximately one-third, according to CoinDesk and
TradingView.
XRP Approaches Key Support Level Again
XRPUSD H1 Chart, Source: TradingView
The XRP/USD H1 chart shows that the price has been trending
upwards, following a trend line. After reaching $3.40000, the cryptocurrency
underwent a significant bearish correction. The $3.20250 level has served as
support, with the price reacting multiple times at this point. As the price
approaches this level once again, traders may watch for a potential bullish
reversal pattern to go long.
Ripple Faces SEC Appeal, Donates $100K in XRP, Expands XRP
Ledger Adoption in Japan
On January 15, 2025, the
US Securities and Exchange Commission (SEC) filed an appeal challenging a
federal court's ruling in its ongoing case against Ripple Labs. The SEC
contends that the New York District Court erred in determining that XRP sold to
retail investors was not part of an unregistered securities offering.
In other news, Ripple
announced a $100,000 donation in XRP to support communities affected by the
California wildfires. The donation will be directed to World Central Kitchen
and GiveDirectly, nonprofit organizations aiding in immediate relief and
long-term recovery. Entrepreneur Jared Isaacman has pledged to match the
donation, potentially doubling the assistance.
Tareq is a financial writer with 15 years of experience covering global markets. His work spans technical analysis, forex broker reviews, and market sentiment, with a focus on topics relevant to retail traders. He joined Finance Magnates in 2023.
At Finance Magnates, he serves as News Editor, covering retail forex and CFD brokers, cryptocurrency exchanges, fintech firms, and regulatory developments shaping the trading industry. He holds an Honours degree in Information Technology from Anfell College, London.
Education:
Honours degree Information Technology, Anfell College, London
Can Your Platform Launch Prediction Markets? A CFTC Compliance Checklist
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav: Solving Data Fragmentation & Lag for Brokers & Prop Firms
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
Altima CTO Sunil Jadhav sits down with Finance Magnates to discuss the core technology challenges facing CFD brokers and proprietary trading firms today.
Jadhav explains how the industry's reliance on batch processing and fragmented systems (where CRMs, risk tools, and trading platforms operate with separate 'sources of truth') leads to delayed data and inconsistent operational decisions. He argues that real-time event processing is essential for managing fast-moving trading activity and risk.
Learn how Altima's unified, event-driven architecture, connecting Altima CRM, Altima Prop, IB systems, and risk management through a single backbone, is designed to provide synchronous data and better operational coordination for modern brokerage and prop firm stacks.
Key Topics:
- Broker and Prop Firm Data Challenges
- The problem of delayed data processing (batch processing vs. real-time events)
- Fragmented systems and conflicting data sources
- Altima's unified, event-driven solution architecture
- The concept of a "risk-aware CRM"
- Built-in risk management in Altima Prop
#Altima #financemagnates #iFXDubai #FinTech #BrokerTech #PropFirm #CFDBroker #TradingTechnology #RealTimeData #RiskManagement #CRM #FinancialMarkets #EventDrivenArchitecture
