XRP and Crypto News: Ripple’s Legal Drama, DeFi Surges, and Bitcoin’s Bullish Signal
XRP faces legal hurdles but eyes a $10 target with Saudi partnership talks, while DeFi projects on XRPL like XenDex and Xrpturbo are booming. Plus, Bitcoin nears a bullish golden cross as U.S. debt concerns rise. Here’s what’s shaking up the crypto world!
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Ripple’s XRP is under pressure after a court rejected Ripple and the SEC’s joint motion, delaying hopes for
an XRP spot ETF.
The price dipped to $2.31, and trading volumes are down as legal uncertainty weighs on investor confidence.
Some analysts warn, “Without clarity from the court, institutional demand may remain sidelined.” Still, long-term optimism persists, with
bullish forecasts if regulatory clarity arrives.
XRP is making headlines with a 20% weekly gain, now trading around $2.53.
Excitement is building as reports suggest Saudi Arabia may partner with Ripple, potentially pushing XRP toward the $10
mark.
Over 1.1 billion tokens were bought in the last week, and analysts say, “The Saudi partnership could be
a game-changer.” DeFi is exploding on the XRP Ledger!
XenDex is in its final presale phase, with its $XDX token set to launch on major exchanges.
Meanwhile, Xrpturbo’s $XRT token soared 150% after presale, and its liquid staking offers a massive 25% APY.
“We’re building more than just staking on XRPL,” says Xrpturbo, as new governance and launchpad features roll out.
Bitcoin is flashing a bullish ‘golden cross’ pattern, hinting at a possible new rally.
This comes as Moody’s downgrades the U.S.
credit rating, raising concerns about national debt.
Historically, golden crosses have signaled major uptrends for BTC, and some analysts believe, “Macro factors are aligning with
bullish technicals.”
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