Close Menu
Cryprovideos
    What's Hot

    Unilabs Set to Be Fastest Growing Altcoin in May 2026, Will XRP Price Hit New Highs?

    May 24, 2025

    Solana Launches New Device for DeFi KYC and Consumer Verification

    May 24, 2025

    SOL’s Clear Sign: Symmetrical Triangle Breakout Paves Manner for $205 – BlockNews

    May 24, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Altcoins»Analyst warns of 'leverage pushed pump' as XRP worth soars
    Analyst warns of 'leverage pushed pump' as XRP worth soars
    Altcoins

    Analyst warns of 'leverage pushed pump' as XRP worth soars

    By Crypto EditorNovember 30, 2024No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    Analyst warns of 'leverage pushed pump' as XRP worth soars

    CryptoQuant neighborhood analyst Maartunn highlighted that XRP’s present worth improve is a “leverage-driven pump,” with an analogous occasion previously ending in a 17% correction. 

    In line with CryptoSlate knowledge, XRP was priced at $1.72 as of press time, up 16.4% over the previous 24 hours to turn into one of many best-performing crypto within the high 10.

    The open curiosity in XRP futures elevated 37%, together with the latest worth surge.

    Furthermore, XRP climbed 232% previously 30 days, which is over 4 occasions bigger than the crypto market common return of 57.3% in the identical interval.

    Bullish information

    XRP began its run almost one week after the US election outcomes, which resulted in former President Donald Trump returning to the White Home for a second time period.

    Throughout his marketing campaign, Trump’s crypto-friendly strategy introduced buyers optimism, sparking good points in varied altcoin costs, together with XRP, which crossed the $1 threshold for the primary time since November 2021.

    But, XRP’s most important pump occurred after Nov. 21, when the US Securities and Change Fee (SEC) chair Gary Gensler introduced he would depart his function on Jan. 20, 2025. Within the few hours following his assertion, XRP’s worth soared by 35%, reaching $1.60.

    Below his administration, Gensler took a “regulation by enforcement” strategy, which resulted within the SEC cracking down on main crypto corporations, corresponding to Binance, Kraken, Coinbase, and XRP’s issuer Ripple.

    Notably, a four-year authorized battle between Ripple and the US regulator continues to be ongoing because the SEC tries to show in courtroom that the XRP gross sales have been, in truth, an unregistered securities providing.

    The key worth motion can then trigger the lawsuit to be dismissed with the beginning of a Trump time period, making XRP a sound funding.

    Along with the constructive information suggesting that XRP could also be discarded as a safety within the US, Ripple has been making key developments just lately.

    This week, the agency invested in Bitwise’s XRP fund and launched the primary tokenized cash market fund on its XRP Ledger.

    Talked about on this article



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Unilabs Set to Be Fastest Growing Altcoin in May 2026, Will XRP Price Hit New Highs?

    May 24, 2025

    Solana Launches New Device for DeFi KYC and Consumer Verification

    May 24, 2025

    Cardano (ADA) Thriller: $1.2 Billion Quantity Regardless of Value Drop

    May 24, 2025

    Solana’s BONK Dominates Purchase-Ins From Good Cash, Do They Know One thing? | Bitcoinist.com

    May 24, 2025
    Latest Posts

    Bitcoin Slips to $108K After New Excessive, However Bullish Indicators Persist

    May 24, 2025

    Bitcoin Pulls Again To Each day EMA 8 – Can Bulls Maintain Momentum?

    May 24, 2025

    Bitcoin Whale Doubles Down With $1.25 Billion Lengthy Wager on Hyperliquid

    May 24, 2025

    Purchase a Burger With Bitcoin? Beware the Tax Dangers, Consultants Warn – Decrypt

    May 24, 2025

    Traders Pour $2.75 Billion Into Bitcoin ETFs As Worth Skyrockets

    May 24, 2025

    Bitcoin (BTC) Value Drops, however Historic Assist Affords Hope

    May 24, 2025

    New All-Time Excessive Incoming for Bitcoin Quickly, In accordance with Economist and Dealer Alex Krüger – However There’s a Catch – The Each day Hodl

    May 24, 2025

    Hyperliquid dealer James Wynn goes ‘all-in’ on $1.25B Bitcoin Lengthy

    May 24, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Solana Launches New Device for DeFi KYC and Consumer Verification

    May 24, 2025

    Chainlink And AAVE Surge After Trump's Crypto Undertaking Invests

    December 12, 2024

    Crypto.com CEO Says SEC Dropped Investigation With out Penalty, CRO Surges 8%

    March 28, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.