NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Trump Prepares To Allow Crypto Investments In $9 Trillion Retirement Market

XRP Price Drops While 2 Bullish Events Are Kicking Off

Jake Simmons
Jake Simmons
2 years ago
2 mins read
XRP

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

The XRP price cannot escape the broader market sentiment at the moment and was trading at $0.3781 at press time. With this, XRP was unable to defend yesterday’s gains of over 9%, and continues to show itself trapped in a price channel between $0.32 and $0.40.

The channel was established when XRP price fell from above $0.50 to near the 1-month low at around $0.32 on November 09 as a result of the FTX collapse. In the 1-hour chart, XRP is currently trading above the 50 and 100 Simple Moving Average (SMA), but below the 200 SMA.

Related Reading

XRP price rallies

XRP Price Rallies 15%, Why Ripple Could Outperform Bitcoin and Ethereum

1 year ago

To signal an uptrend, XRP price needs to climb above $0.40, and could then meet the first notable resistance at around $0.43, before facing major resistance at $0.50. To avoid another downside move, XRP should not fall below $0.3650.

XRP price XRP/USD
XRP ranging, 1-hour-hour. Source: TradingView

Good News Incoming For Ripple And The XRP Price

In a recent tweet, Ripple announced an expanded strategic partnership with MFS Africa.

The fintech company has the largest mobile money presence in Africa with over 400 million connected users and over 800 payment corridors across the continent and growing. The blockchain company tweeted:

We’re thrilled to announce that our On-Demand Liquidity (ODL) solution is expanding via our partnership with MFS Africa ! Africa holds 70% of the world’s $1T mobile money value, and ODL will further enhance digital payment rails across the continent.

The new partnership is designed to optimize real-time mobile payments for their customers in 35 countries. Notably, the XRP-based payment On-Demand Liquidity Solution (ODL) will play a role.

Related Reading

XRP

Why XRP Holders Who Are Taking Profit Should Check These Data In The Coming Days

2 years ago

The goal with this is to bypass friction and bottlenecks associated with sending money across borders via traditional payment systems. On the potential, Ripple writes:

While mobile money users in Africa have grown exponentially in recent years, the number of users worldwide is expected to reach 70% of the global population.

Another event XRP that could impact the XRP price massively is “Swell Global”. The annual event will take place in London this year, from Nov. 16-17.

Notable speakers will include Brad Garlinghouse (Ripple CEO), Eowyn Chen (Trust Wallet CEO), Jorn Lambert (Mastercard, Chief Digital Officer), Emma Joyce (GBBC Digital Finance, CEO), Alex Manson (SC Ventures) and Derrick Walton (Bank of America, Head of GTS Emerging Payments and Innovation).

Among others, James Wallis, head of RippleX, will discuss “Strategy and Best Practices For Central Bank Digital Currencies”. In addition, Wallis will announce the winners of the “CBDC Innovate Global Hackathon”.

On the second day, Derrick Walton of Bank of America will participate in a discussion panel on the role of commercial banks in the adoption of CBDCs. Mastercards Lambert will talk about the question: “Is Cryptocurrency The Next Internet?”.

A major news could give new life to the XRP price.

The day has finally arrived! @BGarlinghouse will soon be kicking off #RippleSwell Global in London surrounded by our esteemed speakers, valued customers, and riveting discussions on the latest in #crypto.

Check back in for updates you won’t want to miss! pic.twitter.com/HFz5g3Xmf2

— Ripple (@Ripple) November 16, 2022

Tweet123Share196ShareSend
Jake Simmons
Jake Simmons

Jake Simmons

Jake Simmons, a dedicated crypto journalist, has been passionate about Bitcoin since 2016 when he first learned about it. Through his extensive work with NewsBTC.com and Bitcoinist.com, Jake has become a trusted voice in the crypto community, guiding newcomers and seasoned enthusiasts alike towards a deeper understanding of this dynamic field.

Read more

His mission is simple yet profound: to demystify Bitcoin and cryptocurrencies and make them accessible to everyone.
With a professional career in the Bitcoin and crypto scene that began right after graduating with a degree in Information Systems in 2017, Jake has immersed himself in the industry. Jake joined the NewsBTC Group in late 2022. His educational background provides him with the technical prowess and analytical skills necessary to dissect complex topics and present them in an understandable format. Whether you are a casual reader curious about Bitcoin or an investor seeking to navigate the latest market trends, Jake’s insights offer valuable perspectives that bridge the gap between complex technology and everyday usage.

Jake is not just a reporter on technological trends; he is a firm believer in the transformative potential of Bitcoin over traditional fiat currencies. To him, the current financial system is on the brink of chaos, propelled by unchecked government actions and flawed Keynesian economic policies. Drawing from the principles of the Austrian school of economics, Jake views Bitcoin not merely as a digital asset but as a crucial step towards rectifying a failing monetary system. His libertarian views reinforce his stance that just as the church was separated from the state, so too should money be freed from governmental control.

For Jake, Bitcoin represents more than just an investment; it's a peaceful revolution. He envisions a future where Bitcoin fosters a sustainable and responsible financial framework for generations to come. His advocacy is not about opposition but about evolution, about laying the groundwork for a system that prioritizes transparency and equity over secrecy and inequality.

As a journalist, Jake’s articles are crafted with the precision of a scholar and the passion of a true believer. He provides not only news but also thoughtful analysis that connects the dots between daily developments and larger economic theories. His work is a beacon for those lost in the technical jargon often associated with crypto discussions, illuminating the practical implications and benefits of these technologies.

In summary, Jake Simmons is not just reporting on a revolution; he wants to be part of it, fully committed to enhancing public understanding and adoption of Bitcoin and cryptocurrencies. His work is more than just a collection of articles; it’s a resource, a guide, and a companion for anyone ready to explore the potential of this digital frontier. Whether you are taking your first steps into crypto or are a veteran looking to stay on top of the latest trends, Jake’s insights provide clarity and foresight in an often unpredictable industry. Join him on this journey to reshape the world of finance, one post at a time.

You can engage with his latest takes on Twitter: @realJakeSimmons.

Close

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Ripple executive onthult 2 kernfactoren stablecoin markt groei in 2025

Ripple executive onthult 2 kernfactoren stablecoin markt groei in 2025

Ripple komt opnieuw in het crypto nieuws. Een topman van Ripple deelde 2 kernfactoren voor de groei van de stablecoin...

Lars Diederiksen 12 hours ago
XRP и кит

XRP на перепутье: давление китов усиливается

Рынок криптовалют продолжает жить по своим правилам. В то время как Ethereum обновляет локальные максимумы, XRP снова теряет позиции –...

daria 13 hours ago
XRP

Pro-XRP Lawyer Blasts SEC Lead Counsel In Ripple Case Following Conclusion

Pro-XRP lawyer Bill Morgan has called out Jorge Tenreiro, who was the lead counsel in the Ripple case. This follows...

Scott Matherson 13 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

XRP

Crypto Analyst Says XRP Bull Run Hasn’t Begun, Sets Course For $37

Scott Matherson 7 hours ago
XRP

Pundit Warns XRP And Crypto Investors Of Possible Billions Of Dollars In Losses If They Don’t Do This

Scott Matherson 10 hours ago
XRP’s Price Jump Masks a Quiet Decline in Active Users, Data Shows

Rumored Ripple NDA Suggests Trump, BlackRock, And JP Morgan Are Working With XRP Ledger

Sandra White 11 hours ago

Premium Sponsors

Press Releases

  • Kryptotrader proměnil 90 dolarů na 3,25 milionu dolarů

    Kryptotrader proměnil 90 dolarů na 3,25 milionu dolarů...

    6 hours ago
  • Kriptokereskedő 90 dollárból 3,25 millió dollárt csinált, amikor a Bitcoin Hyper 5500%-ot lőtt ki

    Kriptokereskedő 90 dollárból 3,25 millió dollárt...

    7 hours ago
  • miner

    XRP and ADA continue to fall, OPTO Miner cloud mining...

    8 hours ago
  • Krypto obchodník premenil 90 dolárov na 3,25 milióna vďaka Bitcoin Hyper (+5 500 %)

    Krypto obchodník premenil 90 dolárov na 3,25 milióna...

    11 hours ago
  • ドージコイン 今後の展望:DOGE財団ディレクターが秘密プロトコルテストを公開 – DOGEは10ドルに到達するか?

    ドージコイン...

    11 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.