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.
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 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:
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▶️ YouTube: /@financemagnates_official
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
In this video, we take an in-depth look at @BlueberryMarketsForex , a forex and CFD broker operating since 2016, offering access to multiple trading platforms, over 1,000 instruments, and flexible account types for different trading styles.
We break down Blueberry’s regulatory structure, including its Australian Financial Services License (AFSL), as well as its authorisation and registrations in other jurisdictions. The review also covers supported platforms such as MetaTrader 4, MetaTrader 5, cTrader, TradingView, Blueberry.X, and web-based trading.
You’ll learn about available instruments across forex, commodities, indices, share CFDs, and crypto CFDs, along with leverage options, minimum and maximum trade sizes, and how Blueberry structures its Standard and Raw accounts.
We also explain spreads, commissions, swap rates, swap-free account availability, funding and withdrawal methods, processing times, and what traders can expect from customer support and additional services.
Watch the full review to see whether Blueberry’s trading setup aligns with your experience level, strategy, and risk tolerance.
📣 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
#Blueberry #BlueberryMarkets #BrokerReview #ForexBroker #CFDTrading #OnlineTrading #FinanceMagnates #TradingPlatforms #MarketInsights
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness CMO Alfonso Cardalda on Cape Town office launch, Africa growth, and marketing strategy
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
Exness is expanding its presence in Africa, and in this exclusive interview, CMO Alfonso Cardalda shares how.
Filmed during the grand opening of Exness’s new Cape Town office, Alfonso sits down with Andrea Badiola Mateos from Finance Magnates to discuss:
- Exness’s marketing approach in South Africa
- What makes their trading product stand out
- Customer retention vs. acquisition strategies
- The role of local influencers
- Managing growth across emerging markets
👉 Watch the full interview for fundamental insights into the future of trading in Africa.
#Exness #Forex #Trading #SouthAfrica #CapeTown #Finance #FinanceMagnates
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
