XRP Volumes Spike in Australia’s Top Crypto Exchanges as Traders Tap into Ripple’s ODL.

Ripple transfers 100M XRP to an unknown whale.

The outcome of the Ripple case will affect the future of cryptocurrencies in the U.S., says Alderoty.

Grewal faults the SEC’s claim that most crypto assets are securities.

XRP is currently at $0.3899 which is the result of recent positive external developments. According to CoinGecko, the native token of Ripple moved upwards by 12% in the weekly and the bi-weekly time frame. 

The machine learning algorithm at PricePredictions projects that XRP will likely extend the bullish trend from January to February. Per the projection, the asset is expected to trade at $0.400353 on February 1, representing an increase of about 2.8% from the token’s price at the time of publishing.

The broader cryptocurrency market has seen improvement in investor sentiment in the last weeks, and so has XRP. Even the global crypto market cap is up by 0.11%, reflecting the rate at which most tokens are rallying over the past few days.

Ripple CEP will be speaking At World Economic Forum 2023.

Tracking XRP price movement has become easier and better since Twitter added cryptocurrency to its cashtag feature.

Flare Airdrop is one of the much anticipated events in the recent history of the digital asset industry. However, the distribution of FLR tokens didn’t make it to the expectation of Ripple’s native token, XRP holders. In this disappointment, a class action lawsuit has been filed against Coinbase, crypto exchange.

The concentration of whale movements occurred shortly after XRP got rejected at the $0.40 level.

XRP is one of the top ten’s top performing cryptocurrencies today. It hit a six-week high of $0.404 an hour or so ago during the morning hours of Jan. 16.

The SEC has filed an omnibus motion to exclude the testimonies of 10 Ripple experts in the ongoing lawsuit.

Ripple’s XRP has emerged as one of this week’s best crypto assets in price performance. The altcoin, which has peaked traders’ interest in the last few days, surpassed its counterparts to secure gains as high as 15%.

Ripple’s native crypto, XRP has managed to maintain the upward momentum over the past weeks. XRP has been riding on the positive sentiments building in the crypto market. However, whale movements have turned out to be one of the major reasons behind the recent XRP price surge.

Schwartz continues to slam FLR holding rules and airdrop distribution.

The Ripple Defendants and U.S. Securities and Exchange Commission (SEC) recently filed their Partial Opposition to each other’s Motion to restrain several documents. With this move, both parties are now over with cross motions for Summary Judgment. However, XRP holders’ lawyer in the Ripple Lawsuit has dropped multiple predictions around the case ahead.

David Schwartz, Chief Technology Officer, and Chief Cryptographer at Ripple, recently drew public attention to the emergence of impersonation scammers targeting the Flare network support team following the token distribution event (TDE). The warning, which was made lightheartedly, comes a few hours after Schwartz berated the Flare team for their token distribution policies.

Crypto whales shuffle over 100M XRP in one hour

In a Twitter thread today, Ripple chief technology officer David Schwartz opined that Flare Networks used the XRP community to gain notoriety and discarded them afterward.