Cryptocurrency
4 Sure Signs The Tide Is Rising for XRP Prices in 2025
Bitcoin achieved a new historic all-time high price in December. At the same time, analysts believe XRP is well on the way to smashing its own record, eclipsing Bitcoin, Ethereum, and Solana’s gains in December.
In December, XRP tokens retraced 84% of losses from its all-time high price of $3.4 a coin in Jan. 2018 to a multi-year bottom of $0.16 in Mar. 2020. After seven years of turmoil in XRP markets, Ripple Labs’ cross-border blockchain settlement tokens notched $2.17 on Dec. 2.
After that, the asset charted a 30-day bullish falling wedge pattern with declining daily trade volumes. The bullish reversal of this classic technical chart pattern materialized on New Year’s Day. Ripple has already gained 26% since the turn of the year.
Here are six of the key supports for further price gains that XRP markets are counting on moving forward.
1. Musk Is Backing Ripple’s Bid to Cast Off The SEC
In December, the new D.O.G.E. advisor to incoming President Trump tweeted his latest broadside against the SEC. He made a very favorable statement about XRP when asked in October.
Shortly after the U.S. Fifth Circuit Court in New Orleans ruled the SEC broke the law (by endorsing diversity requirements for corporate boards), Musk tweeted:
“The SEC is just another weaponized institution doing political dirty work.”
It was a quote on a repost by pro-cryptocurrency Utah Sen. Mike Lee. The senator said, “The SEC is yet another “independent commission” that cannot be trusted.”
The SEC is just another weaponized institution doing political dirty work https://t.co/5w9ajcS6bf
— Elon Musk (@elonmusk) December 12, 2024
Musk’s post came shortly after a US Fifth Circuit Court ruling against the SEC in another case that bolsters Ripple’s argument that the agency is regulating by enforcement rather than policy.
Ripple CEO Brad Garlinghouse jumped on the repost train to second Musk’s description. “What he said,” Garlinghouse added.
What he said https://t.co/sHs1aLkf8Z
— Brad Garlinghouse (@bgarlinghouse) December 13, 2024
Earlier in Q4, at an America PAC conference, an audience member asked the tech titan, “Do you envision the XRP Ledger being incorporated into the financial institutions in the future.”
Musk replied, “This is definitely not an endorsement or lack of endorsement for XRP, but I do think crypto, by its very nature, helps with individual freedom.”
2. Trump Back in White House a Big Win for XRP
FOX Business Senior Correspondent Charles Gasparino recently stated that incoming US president Donald Trump could put his thumb on the scale in the SEC lawsuit against Ripple Labs.
He made the comments to Professional Capital Management CEO Anthony Pompliano on the Pomp Podcast. Gasparino said he expects the new Trump Administration to shift the SEC’s approach to Ripple drastically.
He specifically pointed out Mr. Trump’s Paul Atkins nomination for SEC Chair as a sure sign of a more Ripple and XRP-friendly Securities and Exchange Commission for the next four years.
Atkins is the CEO of a global consulting firm with clients in the cryptocurrency industry. Meanwhile, Trump appears apt to purge the SEC of anti-crypto commissioner Caroline Crenshaw.
The SEC’s case against XRP is arguably the most considerable headwind for XRP’s price. It represents the most serious ongoing threat to Ripple and the institutional adoption of XRP.
3. XRP for Oil in The Middle East and North Africa
Looking back on a milestone year for crypto and ahead to 2025, @Ripple remains committed to advancing the digital asset ecosystem across the Middle East and Africa. Here’s what we are looking forward to in 2025.
– UAE’s Crypto Leadership
The UAE is setting the pace for crypto…— Reece Merrick (@reece_merrick) January 2, 2025
Reece Merrick, Ripple managing director for the Middle East and Africa, shared a detailed note on Thursday about the #RemittanceRevolution happening in MENA nations.
He says the oil-rich Persian Gulf’s United Arab Emirates is currently leading cryptocurrency adoption in the Middle East:
“Remittances in MENA are getting a crypto makeover. Stablecoins are cutting costs & speeding up transfers—bringing the Middle East, South Asia, & Africa together like never before. The UAE leads the charge in financial connectivity.”
He predicts banks in the Middle East will “fully embrace blockchain” solutions like XRP in 2025:
“2025 will see MEA’s banks fully embrace blockchain. Look at UAE, KSA, Bahrain, Qatar & Morocco. Faster payments, tokenized assets, and stablecoin utility are rewriting the rules of banking. This is how we diversify & future-proof financial systems.”
The skyrocketing total value locked in real-world asset tokenization (RWA) platforms is a bullish indicator of the value of XRP as a tool for fast, low-fee settlement in international trade. Most crypto analysts agree this is one of the most important metas for blockchain going into 2025.
4. Markets Are Going Crazy for Ripple’s RLUSD
Ripple Labs launched its new stablecoin RLUSD on Dec. 17. That creates more liquidity next to the XRP pool in the blockchain ecosystem, so it’s likely to create more long-term support for XRP’s price in due time.
Stablecoins hold a 1:1 buying power peg to the US dollar or some other free-floating sovereign currency like the yen or euro. So far, the new stablecoin is already available on several crypto exchanges. Traders can use RLUSD on Uphold, Bitstamp, Bitso, Moonpay, CoinMENA, and Bullish, among others.
The sector was already so enthusiastic about RLUSD ahead of its launch that Ripple CTO David Schwarz had to warn against FOMO before the coins went to market. Interestingly, blockchain had minted most of the new stablecoins on Ethereum—some $52 million.
Ripple senior vice president of stablecoins Jack McDonald told CNBC the growth XRP has seen prior to RLUSD’s launch inspired the new Ripple brand stablecoin: “Part of the impetus for us wanting to launch a stablecoin is the growth we’ve seen specifically in cross-border payments.”
“As we’ve been using stablecoins more and more in our flows, that really piqued our interest that we should have our own native stablecoin that can be more cost effective and more operationally efficient to use,” McDonald added.
Bottom Line for Investors
Over the New Year holiday, XRP made a bullish reversal. Ripple broke out of a descending wedge pattern with declining volume.
Interestingly, the rally took markedly far less daily trade volume to retrace 68% of its decline from XRP’s record-high price on Dec. 2.
That indicates this market is far from the euphoria stage of this rally, with plenty of room left to the upside.
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Cryptocurrency
Bitcoin (BTC) Decoupling From Wall Street: A Signal for New Records in 2025?
2025 has kicked off on a positive note, with Bitcoin back to six figures, trading above $100,000. Despite climbing by almost 8% over the past week, BTC is yet to reclaim its recently established all-time high above $108,000.
However, Bitcoin’s divergence from equities suggests a reduced correlation, raising hopes for a bullish 2025 and new all-time highs.
Weakening Bitcoin-Equity Correlation
There has been a notable shift in the correlation between cryptocurrency and equities, particularly Bitcoin and the S&P 500. Since Donald Trump was elected as the 47th US President in November 2024, the two markets have been closely tied.
However, data from Santiment demonstrated Bitcoin gaining momentum, surging by over 3% in a single day compared to the S&P 500’s modest 0.4% rise.
This divergence is significant, as it suggests Bitcoin might be decoupling from its perceived role as a “high-leveraged tech stock,” a reputation it has held for much of the past three years. Historically, Bitcoin and the broader crypto market have achieved their strongest bull runs during periods of low correlation with traditional equity markets.
Experts also suggest that Bitcoin is ripe for the next leg up, with a crucial milestone being $140,000 in the coming months.
Crypto Market in Later Stages of Bull Cycle?
This decoupling coincides with broader market indicators suggesting that the cryptocurrency market has entered the later stages of its current bull cycle, which began in January 2023.
As noted by CryptoQuant data, Bitcoin has seen significant growth in both price and duration, supported by a substantial influx of new and existing investments. The percentage of Bitcoin traded for less than a month, measured by realized market cap (UTXO), has reached 36%.
While this is lower than past cycle peaks, the long-term trend remains downward, indicating the market may peak by the first or the second quarter of 2025. In fact, analysts predict a sharp rise in this ratio 2-4 times before the market overheats, likely triggering the next bear cycle.
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Cryptocurrency
Bitcoin Reclaims $102,000 as Best Wallet Token ICO Hits $6.5M Milestone
2025 is shaping up to be another exciting and bullish year for the crypto markets, as Bitcoin has once again pushed above $102,000.
This achievement follows a highly positive first week of the year, during which BTC made a gain of more than 5%. Bitcoin’s total market cap is now hovering just below the $2 trillion mark, while the asset itself is pulling in 24-hour trading volumes of approximately $49.5 billion.
As investors and traders lock in and prepare their 2025 strategies, crypto self-custody wallets have become a hot topic. Best Wallet, one of the top-rated wallets on the market, has now raised $6.5 million through the ICO for its new ecosystem token $BEST, which could be a smart play ahead of the next bull run.
Bitcoin Breaks Into Six Figures Once Again
Bitcoin bears, who quickly declared the bull market over during BTC’s dip in December, have suddenly gone quiet as the leading cryptocurrency pumped beyond $102,000 yesterday.
As the chart analysis below demonstrates, a bullish double bottom was already all but confirmed on New Year’s Day:
At the time of writing, that double bottom has mostly played out as expected. Although a more textbook pattern would have seen a faster push towards $108,000, that level also happens to be Bitcoin’s all-time high.
Therefore, some extra resistance below $108,000 is a natural occurrence here. Some BTC holders will be looking to take some late profits, while whales try to suppress the price (and accumulate more Bitcoin while it’s below its all-time high). There will also be some bears left, making their last stand while shorting BTC to the best of their ability.
While all of this activity is occurring, and leading to some sideways chop for BTC, trading volumes have mostly remained at average levels. This indicates an overall lack of conviction and decisiveness – even though the bulls have indeed won out so far in 2025.
A lot of good tests there….. looks solid pic.twitter.com/aVQfGQkzhb
— Don’t follow Shardi B if you hate Money (@ShardiB2) January 6, 2025
Another bullish factor is the presence of an ascending triangle pattern, firmly established during the creation of the double bottom. This pattern has until April to fully play out, leaving a lot of white space to fill within a gradually narrowing (and rising) price range.
A breakdown through the triangle’s green support line would open up the $82,000 region as a bearish price target for shorts – which would also be a key spot where bulls take their chances and buy the dip.
Taking the bullish side again, a new all-time high break will force Bitcoin bulls to try and establish $108,000 as a new support level.
As we enter the next bull run, new tokens are those that experience the highest growth. For traders on the lookout for those opportunities, the Web3 Best Wallet has created some useful tools to spot high potential tokens.
Best Wallet Token ($BEST) ICO Passes $6.5M – Smart Play for the Bull Run?
The potential gains available to Bitcoin buyers are relatively limited in comparison to the profits that can be made from new tokens – especially those in their early ICO stages. One exciting presale project is the Best Wallet Token ($BEST) presale, which has now raised more than $6.5 million.
The non-custodial wallet market is worth $11 billion, and Best Wallet is on track to capture 40% of it by 2026. Through the Best Wallet ecosystem, users have 24/7 access to all of their cryptos through a smartphone app (for iOS and Android), and also benefit from staking, trading swaps through the Best DEX, iGaming, and the latest crypto presales.
One of its most interesting tools is the Upcoming Tokens feature. This highlights new coins with high potential, and several tokens like Pepe Unchained and Catslap have gone on to see massive growth after being listed in Best Wallet.
$BEST token holders get even more exclusive benefits, including airdrops and earlier access to top crypto presales than other users to new token tips, lower transaction fees, staking rewards, ecosystem governance votes. Naturally, long-term investors can also simply hold a bag of $BEST as part of their crypto portfolios.
At the time of writing, investors interested in capitalizing on this market through a leading product only have a limited time to secure $BEST tokens, which are currently priced at $0.0235.
As the presale continues, the price will gradually rise – and it’s expected to explode when $BEST gets listed on some DEX and CEX platforms following its official launch later this year.
Visit Best Wallet Token Presale
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Cryptocurrency
Akuma Inu Price Pumps 110%, Could Meme Index be Next to Explode After Raising $2M?
Akuma Inu (AKUMA), the anime-inspired meme coin, has rocketed 110% in the past 24 hours.
That makes AKUMA one of the hottest cryptos on the market right now.
Meanwhile, Meme Index (MEMEX) is beginning to go viral with its unique approach to meme coin investing – and some investors believe it could also be about to explode.
AKUMA Price Explodes – What’s Behind the Coin’s Rally?
Akuma Inu is blowing up right now.
The coin’s mascot, a fierce black Pomeranian, is taking over the meme coin space – offering something different from other dog-themed tokens.
AKUMA is hosted on the Base network, and its price has more than doubled since yesterday.
The coin is up 336% in the past week alone.
It’s now hovering around $0.0010, and over the last day, spot trading volume has exceeded $5.6 million.
That’s enough to get it a spot on CoinMarketCap’s trending cryptos list.
Not bad for a meme coin that’s still only available on Uniswap and Pancakeswap.
Interestingly, there is no apparent reason why Akuma Inu’s price has climbed in the past 24 hours.
It seems that AKUMA is simply benefiting from traders’ interest in new and unique meme coins, as evidenced by the recent rallies from AI16Z and PENGU.
Akuma Inu & The Bull Run – Is This the Final Stage?
There are mixed conditions in the crypto market right now.
Bitcoin passed $100,000 again yesterday, yet has dropped today, pulling down most major altcoins.
However, this indecisiveness doesn’t seem to have affected AKUMA.
Smaller meme coins like this tend to trade on their own momentum, often rising regardless of broader market trends.
And the coin’s timing might actually be perfect since CryptoQuant analysts believe the bull market is entering its final stages, with a potential peak in early-to-mid 2025.
The Market Has Entered the Later Stages of the Current Bull Cycle
“The long-term trend remains downward, which suggests that the market is likely to reach its cycle peak by Q1 2025, or at the latest by Q2 2025.” – By @DanCoinInvestor
Full post https://t.co/U6eLo2kUOc pic.twitter.com/qkJArfnbRK
— CryptoQuant.com (@cryptoquant_com) January 6, 2025
Meme coins often see their biggest runs around this time of year.
But not everyone expects a market top to approach so soon.
VanEck’s team predicts Bitcoin could surge as high as $180,000 by year-end, while Steno Research expects 2025 to be crypto’s best year ever.
For AKUMA holders, either scenario could spell opportunity – meme coins often thrive during sustained bull runs and in the final stages of a cycle.
Plus, if AKUMA were to be listed on a top-tier CEX like Binance, its recent price action could just be the start of something much bigger.
It’s a meme coin to watch in the days and weeks ahead.
Meme Index Could be the Next Big Meme Coin After Raising Over $2M in Presale
Everyone’s talking about AKUMA, but there’s another meme coin that’s beginning to attract attention: Meme Index.
This project has now raised over $2 million in its presale.
But it’s not just a random meme coin – it’s creating a whole new way for retail traders to invest.
Meme Index will offer four different indexes, each with a unique selection of meme coins.
These indexes are similar to the S&P 500 in how they are structured.
You’ve got a low-risk index with established names, and then there’s a high-risk index for those with more of a risk appetite.
It’s an exciting concept – especially given all the hype around meme coins right now.
If that wasn’t enough, Meme Index also has a built-in staking protocol for the MEMEX token, offering APYs of 1,170%.
No wonder crypto YouTuber Michael Wrubel, who has over 314,000 subscribers, praised the project in a recent video.
Wrubel has a history of talking about presale cryptos before they explode, so his endorsement could be a signal that Meme Index might be on the verge of a breakout.
However, as it stands, the project’s presale is still ongoing.
The team has yet to announce an end date, but investors can grab MEMEX tokens at a discounted price of $0.0149831 each.
So, for those who missed the boat with AKUMA, Meme Index might be the next big opportunity.
Disclaimer: The above article is sponsored content; it’s written by a third party. CryptoPotato doesn’t endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
Readers are also advised to read CryptoPotato’s full disclaimer.
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