Tag:

XRP

Ripple CTO Praises XRP Wallet for Swift Reaction to Supply Chain Attack

by admin September 8, 2025

David Schwartz, chief technology officer at Ripple, has praised Xaman, a popular XRP wallet, for swiftly reacting to a large-scale supply chain attack on the Node Package Manager (NPM) ecosystem.

A reputable developer’s NPM account was recently compromised, and widely JavaScript packages ended up being infected with malicious code.

The malware specifically targets cryptocurrency wallets such as MetaMask in order to redirect the funds of uninitiated crypto users to the attackers by secretly swapping addresses.

You Might Also Like

As reported by U.Today, Ledger CTO Charles Guillemet has urged crypto users who do not have hardware wallets with clear signing to temporarily stop conducting on-chain transactions.

Xaman’s reaction

The team behind the Xaman wallet immediately conducted an audit, which showed that it was safe for users.

XRPL Labs co-founder Wietse Wind Supply has noted that chain attacks are becoming “more and more common.”

Source link

September 8, 2025 0 comments

GameFi Guides

XRP Plummets 70% in Payments Number: No One Needs It?

by admin September 8, 2025

With XRP trading around $2.87 and awaiting a possible breakout above $2.91, the price chart has been displaying renewed strength. The asset may move closer to the $3.00-$3.08 range, where the 50-day moving average stands as resistance, if buying volume continues. With the $2.77 support remaining strong, and market sentiment beginning to change in a more positive direction, bulls are subtly regaining ground from a technical perspective.

Source: XRP Scan

There is a far more concerning fundamental trend beneath this short-term optimism, though, as XRP’s payments activity has dropped by more than 70% in the past month. On Sept. 8, 2025, there were only 221,000 daily transactions made between accounts, down from over 750,000 in early August, according to XRP Ledger metrics. The fundamental usefulness of the token is seriously called into question by this decline.

Why payments matter

XRP is primarily focused on payments, in contrast to Ethereum or Solana, which have flourishing DeFi ecosystems, NFT markets and decentralized applications. Fast and inexpensive account-to-account transactions are its main selling point. There are fewer entities utilizing the network for its intended purpose, as indicated by the key metric cratering. Reduced remittance activity, waning institutional interest, or a shift toward alternative solutions could all be reasons for the steep decline.

You Might Also Like

The sustainability of XRP’s bullish momentum is compromised regardless of the cause. Short-term price spikes may result from speculation, but rallies are usually short-lived in the absence of steady on-chain utility.

XRP is at a turning point in its history. On the one hand, technical indicators indicate that additional upside could be triggered by a breakout above $3. However, it is questionable whether price increases can be maintained given the 70% decline in payments activity, which is the network’s lifeblood. With little real-world demand, XRP runs the risk of becoming a purely speculative asset unless utility metrics improve. The short-term setup appears favorable to traders, but the fundamentals are warning signs.

Source link

September 8, 2025 0 comments

Crypto Trends

XRP and Solana (SOL) Signal Bullish Strength While Traders Hedge For Downside in Bitcoin (BTC) and Ether (ETH)

by admin September 8, 2025

Options data from Deribit reveals a striking divergence in sentiment for major cryptocurrencies, with bullish positioning in XRP XRP$2.8789 and solana (SOL contrasting with lingering downside fears in bitcoin (BTC) and ether (ETH).

As of the time of writing, XRP call options or bullish bets were pricier than puts across all tenors, according to data source Amberdata.Notably, the December expiry calls traded at a premium of 6 volatility points to puts, indicating a bias for a year-end rally. XRP, the payments-focused cryptocurrency, is the third-largest by market value.

SOL options also exhibited bullishness, with December calls trading at a premium of 10 vol points to puts.

A call option gives the buyer the right, but not the obligation, to purchase the underlying asset at a predetermined price on or before a specified future date. It represents a bullish bet on the market, while a put option insures against price slides.

XRP’s positive tone is likely driven by renewed enthusiasm around potential approval of spot exchange-traded funds (ETFs) in the U.S. At least six to seven major issuers, including Bitwise, 21Shares, WisdomTree, CoinShares, Canary Capital and Franklin Templeton, have active applications or amendments pending before the U.S. Securities and Exchange Commission (SEC).

The SEC has delayed decisions on these filings, pushing key approvals, such as WisdomTree’s XRP ETF, into late October 2025. As these filings fall within a similar review period, the market seems to be preparing for a synchronized approval or rejection event that could significantly impact XRP’s price.

The XRP community is highly optimistic, eyeing substantial price gains by year-end if ETFs are approved.

“The first-month flow base case: $5B+. Independent market desks peg first-month spot XRP ETF inflows at $5B+ before the reflexive chase. That’s a serious demand shock to a supply that’s partly escrow-locked and concentrated,” popular pseudonymous XRP holder Pimpius said on X, mentioning $50 as the potential year-end price for XRP. The cryptocurrency currently trades at around $2.88, according to CoinDesk data.

Optimism from SOL likely stems from the rcent approval of its parent blockchain Solana’s Alpenglow upgrade, which is likely to boost the network speed. Bitget’s Chief Analyst Ryan Lee called it “a defining moment for the network’s trajectory.”

“The approval of Solana’s Alpenglow upgrade with more than 98 percent staker support marks a defining moment for the network’s trajectory. Reducing transaction finality from 12.8 seconds to just 100–150 milliseconds transforms Solana into one of the fastest blockchains in operation, unlocking possibilities that extend well beyond marginal efficiency gains,” Lee said in an email.

Lee said that the speed boost will accelerate Solana’s adoption in real-time trading, high-frequency strategies and seamless on-chain arbitrage. He explained that Alpenglow’s design matches blockchain settlement speeds with traditional financial systems, overcoming a major hurdle for institutions hesitant to adopt decentralized infrastructure. This alignment makes Solana an attractive and scalable blockchain option for institutional use.

Bearish sentiment in BTC and ETH

The sentiment regarding bitcoin appears decisively bearish, as puts are priced higher than calls for even the March 2026 expiry trade.

BTC’s rally has stalled above $100,000, with prices struggling to rally after Friday’s disappointing U.S. jobs report, which heightened expectations for Fed rate cuts. Analysts have blamed the slowdown in ETF inflows, profit-taking by long-term holders and whale rotation into ether for BTC’s dour price action.

That said, options tied to ether also showed a bias for puts out to the December expiry. ETH has pulled back sharply to $4,300 from the record high of nearly $5,000 reached last month.

Source link

September 8, 2025 0 comments

NFT Gaming

XRP Runs Out of Chances vs Bitcoin (BTC)

by admin September 8, 2025

XRP’s bid to prove itself against Bitcoin has run out of steam, and the charts are starting to make that clearer with each passing week.

What initially looked like the start of a major breakout on the XRP/BTC pair now resembles the shape of a double top, a formation that typically indicates weakness rather than strength and basically says that the trend is exhausted.

You Might Also Like

The rally that began earlier this year lifted XRP above its 200-week average. For a moment, it seemed like the token might chip away at Bitcoin’s lead. The price pushed into the 0.00003200 BTC region twice, only to be rejected both times, sending the pair back toward familiar support levels.

Source: TradingView

The inability to extend higher after those attempts has left 0.00002200 BTC as the line to watch, because, historically, once this level is lost, the structure usually breaks toward 0.00002000 BTC. Moving averages flattening across the board add weight to the argument that the upside potential has been spent.

Digging deeper

On shorter time frames, the picture is no better. The pair has been stuck between resistance near 0.00002600 BTC and the 200-day average. Every bounce is quickly shut down, and every defense looks less convincing than the last. Sellers have dictated the pace, while buyers have done just enough to hold their ground without shifting the balance.

You Might Also Like

This all plays out while Bitcoin itself trades above $111,000. Meanwhile, XRP holds at $2.83 against the dollar but struggles against BTC.

Unless XRP can break through its ceiling decisively, the current impression is that the token has already exhausted its opportunities, with Bitcoin maintaining the upper hand.

Source link

September 8, 2025 0 comments

GameFi Guides

Dogecoin Leads Altcoin Rally as XRP, Tron and Solana Rise

by admin September 8, 2025

In brief

Dogecoin jumped 5.1% to $0.22, buoyed by news of a proposed ETF from REX Shares.
TRON gained 2.4% after headlines tied to founder Justin Sun, while XRP added 2%.
September’s rate cut expectations and renewed retail activity could set the stage for a stronger Q4.

Altcoins are starting to rise, with Dogecoin leading the weekend rally among the top ten altcoins, following muted price movements last week from Bitcoin.

Dogecoin is currently trading at $0.22 following a 5.1% jump in the past 24 hours. TRON has a modest gain of 2.4% while XRP is up 2% in the same period, CoinGecko data shows.

The crypto markets, including Dogecoin and TRON, are up after an “overreaction” to Friday’s U.S. unemployment numbers, Stephen Gregory, founder of crypto trading platform Vtrader, told Decrypt, who believes that an “alt-season is brewing” despite the recent sell-off.

While the macroeconomic outlook was a main driver and set the tone for both the crypto and equity markets’ sentiment on Friday, the announcement of a Dogecoin exchange-traded fund by REX Shares, an ETF provider, has helped the seminal meme coin’s weekend surge.

Referring to the Dogecoin ETF news, Nate Geraci, President of NovaDius Wealth Management, said, “I think we’re in for wild next 2 months for crypto ETFs,” in a Sunday tweet.

TRON, on the other hand, is up as Justin Sun’s stunt with the WLFI token, said Gregory. “This got a lot of headlines and ignited some passion in the degen base of crypto,” he added.

Sun made headlines on Friday after the Trump family’s World Liberty Financial DeFi project blacklisted his wallet for testing exchange deposits.

With September rate cut odds above 90% and “retail engaged,” Gregory believes the third quarter’s historically bearish performance could be a “fun setup” into the year-end.

While the fourth quarter is expected to be bullish according to many analysts, the short-term outlook remains uncertain due to the tentative macroeconomic conditions.

The Fed is in a tight spot, as its dual mandate of both price stability and maximum employment is conflicting after Friday’s weak jobs data and core inflation hovering above 3%, as Decrypt previously reported.

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

September 8, 2025 0 comments

NFT Gaming

Key Reason Why XRP Price Is Suddenly Surging

by admin September 7, 2025

The Ripple-linked XRP token has experienced strong buy pressure, with more than $10 million worth of net buy pressure in less than 10 minutes.

Earlier today, a $3 million XRP market buy order was recorded on Binance perpetual futures. Notably, the mammoth buy order was executed in just 100 milliseconds.

The order, which has absorbed a significant amount of sell liquidity, managed to push the price of the token to an intraday high of $2.91.

XRP is currently changing hands at $2.86 after giving up some gains, according to CoinGecko data.

Bullish catalysts for XRP

Even though September is typically a bearish month for Bitcoin and other major cryptocurrencies, XRP could end up outperforming in October.

You Might Also Like

As reported by U.Today, the SEC is widely expected to greenlight XRP ETFs in the fourth quarter of this year. Franklin Templeton, Bitwise, and some other key issuers have joined the XRP race, but BlackRock and Fidelity have remained on the sidelines.

If XRP ETFs prove naysayers wrong and end up outperforming expectations in terms of inflows, this could create a powerful narrative for the token and potentially set the stage for a rally toward a new record high.

Source link

September 7, 2025 0 comments

GameFi Guides

XRP Volumes Crash 66%; Price Warning?

by admin September 7, 2025

XRP has seen its volume drop by 66% in the last 24 hours, sparking concerns in the market. According to CoinMarketCap data, XRP’s trading volume came to $2 billion, a 66% drop over the last 24 hours.

While this might be concerning, it may not be far from the norm, given often less trading volume during the weekends.

Despite the drop in volume, XRP saw significant whale activity in the week just ended. Given that whales are still participating in the market, the drop in volume may not be so much cause for concern.

You Might Also Like

On Sept. 5, Whale Alert reported a move of 49,999,989 XRP worth $140,841,434 shifted between unknown wallets. A total of 250,000,000 XRP worth $703,901,147 was also transferred from Ripple to an unknown wallet. On Sept. 3, 50,000,010 XRP worth $140,699,855 was transferred from unknown wallet to an unknown new wallet.

Price warning?

The drop in volume might also be traders waiting on the sidelines to gain clarity in the new week before taking their positions, and might not necessarily be a price warning.

You Might Also Like

XRP’s price is trading higher, up 3.03% in the last 24 hours to $2.89 despite the volume drop. XRP saw a significant surge to $2.92 in early Sunday session, extending its recovery from Sept. 1 low of $2.69.

A break and close above the daily SMA 50 at $3.04 might clear the path for a rise to $3.40 and then $3.66. On the other hand, a drop below $2.69 could cause XRP to drop toward $2.20.

In recent news, Bitwise has listed five new crypto ETPs on Six Swiss Exchange, including Bitwise Physical XRP ETP (GXRP) which allows investors to gain exposure to XRP in the same way that an ETF does.

Source link

September 7, 2025 0 comments

Crypto Trends

XRP price Murrey Math Lines indicate surge ahead of ETF approvals

by admin September 7, 2025

XRP price remains in a bear market after plummeting by 22% from its highest point this year. Still, its strong technicals and the upcoming ETF deadlines signal a potential rebound.

Summary

XRP price is preparing for a breakout as a falling wedge forms.
Murrey Math Lines tool points to a surge to $4.2.
XRP ETF approvals to be the main catalyst.

Murrey Math Lines point to XRP price rising

The daily timeframe chart suggests that the Ripple (XRP) price may be poised for a strong rebound this month. It has formed a falling wedge pattern whose two falling trendlines are nearing their convergence.

The coin has also settled at the strong pivot reverse level of the Murrey Math Lines (MML). MML is a tool used to identify potential support and resistance levels. It was created by dividing the price movement into an eight-part grid or octave.

The strong, pivot, and reverse, where it settled at is known for rebounds. Most importantly, it coincided with the double-bottom pattern at $2.7167 and the confluence of the falling wedge pattern.

Therefore, the double-bottom, falling wedge, and the MML position point to a strong rebound. The initial target level in case of a breakout is the year-to-date high of $3.6512, up by 30% above the current level.

The Murrey Math Lines points to an eventual rebound to $4.29, the extreme overshoot, which is about 55% above the current level. However, a drop below the ultimate support at $2.34 will invalidate the bullish XRP price forecast.

XRP price chart | Source: crypto.news

XRP ETF approvals to be the key catalyst

The main catalyst for the XRP price will be the upcoming deadlines for the XRP ETFs. Most of these deadlines will be in October, and Polymarket data shows that the odds of an approval are over 88%.

Therefore, investors will likely buy the coin ahead of the approvals as they expect strong inflows. Besides, recent data shows that the existing futures-based XRP ETFs are having strong demand from investors.

The same is happening in the futures market, where the open interest for CME contracts has jumped in the past few weeks. Most importantly, existing Bitcoin (BTC) and Ethereum (ETH) ETFs have had robust inflows since last year, meaning that there is strong demand for these assets.

Source link

September 7, 2025 0 comments

GameFi Guides

XRP Army ‘Made a Difference’ in SEC Case Against Ripple, Says Lawyer

by admin September 7, 2025

In brief

Lawyer John Deaton believes that the group known as the XRP Army made a difference in the SEC’s case against Ripple.
In 2023, a judge issued a split ruling that XRP sales via public exchanges did not violate securities laws. The legal saga came to a close this August as all appeals were dropped.
Deaton said that thousands of affidavits were submitted to the court, and were cited as a reason the judge gave a ruling partially in favor of Ripple.

Lawyer and XRP legal advocate John Deaton claims that the XRP Army—a group of online supporters that continued to back the cryptocurrency during its lows—played a role in Ripple successfully concluding its legal battle with the U.S. Securities and Exchange Commission.

In an X post, Deaton cited the thousands of affidavits that self-proclaimed XRP Army members wrote and submitted to the court as a reason that Ripple secured a partial win against the regulator in its battle over the security status of XRP. An affidavit is a written statement that can be used as evidence in court.

The SEC and Ripple were embroiled in a legal dispute for nearly half a decade, after Ripple and two of its executives were sued in 2020 for the alleged offering of unregistered securities by selling XRP.

No credible person can argue that the XRP Army didn’t make a difference in the Ripple case. If they do they’re either ignorant to the facts and truth or intentionally lying. We have conclusive evidence that we made a difference. There were over 2K exhibits filed in the case. In… https://t.co/WK2MfOb6wS

— John E Deaton (@JohnEDeaton1) September 3, 2025

In October 2023, federal district judge Analisa Torres issued a split ruling, stating that XRP sales to institutional investors violated securities laws, but sales on public exchanges did not. The ruling was hailed across the crypto industry as a victory for Ripple, despite it leaving the company liable for its institutional sales.

“No credible person can argue that the XRP Army didn’t make a difference in the Ripple case,” Deaton wrote on X. “If they do, they’re either ignorant to the facts and truth or intentionally lying.”

“[Judge Torres] ruled XRP itself is NOT a security while citing XRP holder affidavits,” Deaton wrote on X. “Had she not cited those things, people could legitimately debate whether our efforts made a real difference. But the proof is in the decision itself.”

The XRP Army is a militant supporters group that formed as a response to the SEC’s case against Ripple. The legal dispute unified XRP investors, with thousands of affidavits being written to the court by Army members, according to Deaton.

“I submitted six affidavits that were used in the lawsuit because I was solely paid in XRP as an income, spent my XRP on goods and services, bills, etc,” XRP Army member James Rule told Decrypt. “Thousands came together, and the end result was a huge win for the industry.”

Deaton—who unsuccessfully challenged Elizabeth Warren for her Senate seat last year—also filed an amicus brief in support of Ripple’s legal position. An amicus brief is a legal document supplied to a court from a party that isn’t directly involved in the case.

Pseudonymous XRP Army member CryptoinsightUK further told Decrypt that some community members told the judge that they used XRP without even being aware of Ripple.

“You can’t buy something relying on an entity with the expectation of profit if you don’t even know the entity exists,” they said.

The legal battle between Ripple and the regulator continued to bubble until just last month as the SEC appealed the 2023 ruling, which was followed by a cross-appeal by Ripple. Both sides ultimately dropped their respective appeals just last month, as XRP Army members celebrated the result.

“We emerged from this battle bigger and stronger together,” pseudonymous XRP Army member MackAttackXRP told Decrypt, reacting to the news. “And we’ve known for years that we were on the right side of history.”

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

September 7, 2025 0 comments

Crypto Trends

Crypto Expert Shares How To Get To $1 Million With XRP

by admin September 7, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The debate over XRP’s potential as both a utility token and a wealth-building asset for long-term investors remains a hot topic in the crypto space. Recently, a crypto expert has added fuel to the discussion, unveiling a detailed step-by-step approach he believes could turn XRP into a million-dollar opportunity for investors.

The $1 Million XRP Wealth Strategy

Austin Hilton, a crypto investor and expert, has outlined his approach to building generational wealth with XRP in a video post on X social media. Rather than chasing speculative short-term gains, Hilton emphasized a strategy built on three strong pillars: patience, consistency, and discipline.

Hilton revealed that he has been steadily accumulating XRP for years, treating it similarly to his diversified approach in traditional markets like stocks and bonds. Rather than placing all his capital in one asset, he considers XRP a part of his portfolio alongside Bitcoin and Ethereum.

His first step toward reaching $1 million with XRP is to hold the token until it delivers a 30x return or more—a move he projects could eventually push it toward the $80 to $90 price range. For him, time is the most important ingredient, whether it takes one year or several.

The second part of his strategy is continuous buying, even during bearish periods. Hilton emphasized that many investors tend to panic during downturns, but he sees red days as opportunities to accumulate more XRP at discounted prices. He noted that the cryptocurrency’s present $2.8 – $2.85 trading range is a bargain relative to his long-term price expectations.

Lastly, Hilton stressed the importance of removing emotions from investing. In his view, panic selling destroys potential long-term gains. He explained that sharp market declines do not shake his resolve, underscoring his confidence in XRP’s future outlook. The crypto expert has also clarified that the principles behind his $1 million XRP strategy are equally effective when applied across other digital assets like BTC and ETH.

XRP Price Analysis: Key Levels To Watch

Market expert Egrag Crypto has shared the near-term hurdles the XRP price must clear to break past its current consolidation range. His latest analysis revealed that XRP recently slipped to $2.77, putting bullish momentum under pressure.

The analyst noted that reclaiming the $2.85 on a 4-hour close is critical for establishing stability and reaching higher targets. If XRP can hold above this threshold, the next price milestones are expected at $2.9 and $2.95, with a potential breakout target of $3.13. Achieving these levels could open the door for XRP to challenge mid-range resistances at $3.45 and $3.65.

Source: Chart from Egrag Crypto on X

Still, Egrag Crypto cautions that the risk of a pullback remains. His chart shows that a failure to close above $2.85 repeatedly could trigger a retreat to $2.65 or lower, reviving bearish momentum. The $2.75 level has emerged as a critical support zone, acting as the last line of defense before deeper corrections.

XRP trading at $2.81 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

September 7, 2025 0 comments