NewsletterXRP Gains 12% While Top Crypto Bleeds; Whales Reacts To Court Filings?
XRP News: The global digital asset market recorded a slight downturn on Monday after witnessing a massive surge amid the ongoing banking crisis. The biggest cryptos like Bitcoin (BTC) and Ethereum (ETH) prices registered a decline of around 2% each. Meanwhile, Ripple’s native crypto, XRP seems to be decoupling from its current downward trend.
XRP Price Decouples From Top Cryptos
As per data provided by WhaleAlert, crypto whales moved around 130 million XRP tokens (approx worth $50 million) in a single transaction. This transaction comes after Ripple defendants filed a letter notice of supplemental authority in order to gain support for their fair notice defense.
It mentioned the decision of Judge Michael Wiles in the Voyager bankruptcy lawsuit. The judge here rejected the US SEC’s objections and approved the bankruptcy plan.
Also Read: Ripple Executives Might Escape Trials But Fair Notice Cannot
XRP price has gained momentum after the latest filings in the Ripple lawsuit. XRP price is up by almost 12% in the last 24 hours. It is trading at an average price of $0.41, at the press time. Meanwhile, its 24 hour trading is marginally up to stand at $1.2 billion. Read More XRP News Here…
XRP is gaining steam among the top BSC whales. It emerged as one of the most purchased token among the top 4000 BSC whales over the last 24 hours.
Also Read: Coinbase To Win First Ever Crypto Case Filed In U.S Apex Court? XRP Lawyer Hints This
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Premium Partners
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Binance’s Changpeng Zhao Sued by Hamas Victims Over Terrorism Funding
- Galaxy Digital Targets $9B Prediction Market, Enters Liquidity Talks With Polymarket and Kalshi
- XRP Price Rallies as Spot ETFs Record Massive $164M in Fresh Inflows
- Franklin Crypto Index ETF Adds XRP, Solana, and Dogecoin to Boost Investor Exposure
- Bitcoin Rises as Trump Points to “Extremely Strong” U.S.–China Relations
- Solana Price Jumps as Bitwise ETF Sees Record $39.5M Inflow: Targeting $150 Next?
- Crypto Market Surges Today; Is a Bigger Recovery Coming Next?
- 3 Signals Hint Shiba Inu Price Can Rebound Soon
- Top 3 Price Prediction: ETH, XRP, and DOGE Show Signs of Bullish Reversal
- Pi Coin Price Pattern Points to a Rally as Top Whale Hits 381M Milestone
- XRP Price Forecast as NYSE Clears Franklin Templeton ETF for Listing
