Crypto Update

⚡️Ripple’s RLUSD Volume Soars 170% as XRP Falters 📟Ripple’s RLUSD stablecoin saw a sharp rise in trading volume, gaining traction and highlighting its growing role in cross-border transactions. 🔒Ripple’s RLUSD stablecoin saw a remarkable 234% surge in trading volume within 24 hours, gaining attention as Tether’s USDT faces regulatory hurdles in Europe.  📛 The surge pushed RLUSD’s market cap to $53.1 million, reflecting growing trust in it as a strong alternative to USDT. What Drives RLUSD Surge Key drivers behind RLUSD’s impressive rise include regulatory changes in Europe that are pushing Tether’s USDT out of the region due to compliance concerns under the MiCA regulations.  As USDT faces potential delisting from European exchanges, RLUSD stands ready to fill the gap, offering a stable, 1:1 peg to the US dollar that appeals to both retail and institutional investors seeking safety during volatile market conditions.

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#MANTA/USDT Entry Points: 1) $0.905 2)$0.844 Targets: TP1: $0.9651 TP2: $1.0203 TP3: $1.1479 MANTA usually bounce back hard as soon as the markets revive 🔥🔥 Signal from @xrpscripts

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📟 Ripple Price Annual Forecast: Can XRP ride the bullish wave to new highs in 2025? ⚡️XRP gained over 250% so far in 2024 following Donald Trump's election victory and SEC Chair Gary Gensler's resignation. 🔒 The SEC's appeal in its case against Ripple and the potential XRP ETF launch are key factors that could determine XRP's performance in 2025. Technically, XRP could hit a new all-time high near $4.75 if the crypto market's bullish sentiment extends into 2025. Ripple (XRP) extended its consolidation pattern – which dates back to a sharp decline it witnessed in May 2021 –  within the first 10 months of 2024. Despite Judge Analisa Torres's final ruling in August, which gave XRP a major victory in its case with the United StatesSecurities and Exchange Commission (SEC), prices remained mum until November. However, with tailwinds from crypto-friendly candidate Donald Trump's presidential election victory and SEC Chair Gensler's resignation, XRP broke out of its more than three-year consolidation.

Regulatory Approvals and Institutional Adoption: • Hong Kong’s Regulatory Approvals: Hong Kong’s Securities and Futures Commission has approved four additional cryptocurrency exchanges, bringing the total number of regulated platforms to seven. This move aims to establish Hong Kong as a global hub for digital asset trading. • European Crypto ETP Growth: In November, cryptocurrency exchange-traded products (ETPs) in Europe attracted £108 million in net inflows, marking the third-best month of 2024. This surge reflects growing investor interest and a prolonged Bitcoin rally, signaling a “turning point” for digital assets.

$FLM/USDT Entry Prices: • $0.0765 or lower • $0.0726 Targets: • TP1: $0.078 • TP2: $0.0796 • TP3: $0.0811

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#SEI/USDT Long Entry: $0.47/$0.44 Targets: TP1: $0.51 TP2: $0.59 TP3: $0.64 SL:$0.44 Use 3% of portfolio.

🔥 BULLISH: A #Bitcoin family sold their $300,000 house for 100 $BTC in 2017, and today, they could buy it back for just 4 $BTC (considering inflation). "If we had kept $300,000 in a bank account since 2017, we wouldn't have been able to repurchase the house." @cryptoopdate

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Btc to the moon $108k 🥰💯

The news comes after Ripple received approval from the New York Department of Financial Services (NYDFS) on December 10 to lauch the stablecoin, before which the crypto community had anticipated a December 4 launch.

Ripple's XRP could rally to $4.75 as RLUSD set to officially launch on Tuesday. Ripple announced its RLUSD stablecoin will officially launch on Tuesday. RLUSD will go live on platforms including MoonPay, Uphold, CoinMENA, Bitso and ArchaxEx. XRP could rally to a new all-time high of $4.75 if it sustains a high volume above the $2.58 and $2.92 resistance levels. Ripple (XRP) confirmed in a press release on Monday that its RLUSD stablecoin will officially launch on Tuesday across exchanges, including MoonPay, Uphold, CoinMENA, Bitso and ArchaxEx. Bullish sentiments surrounding the launch could help XRP overcome the $2.58 and $2.92 resistance levels. RLUSD to go live on Tuesday following regulatory approval Ripple's much anticipated USD-backed stablecoin is set to go live after a Monday announcement that RLUSD would launch globally on Tuesday.

Ethereum Price Forecast: ETH faces staking withdrawal headwind amid sustained ETF inflows Ethereum (ETH) is up 2% on Monday, surging above a key symmetry triangle following sustained institutional interest via ETH exchange-traded funds (ETFs)...

#BIGTIME/USDT Long 📈 Entry :$0.1742 TP 1 : $0.1802 TP 2 : $0.1911 TP 3 : $0.2019 Using 3% portfolio Signal from @xrpscripts