XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European nation, which adopted the euro unilaterally, is moving to realize the plan despite the eurozone developing a digital version of the common currency.

Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple

Payments firm Ripple has penned a deal with Montengero to launch a CBDC pilot program, according to the country's central bank. In a press release, The Central Bank of Montenegro (CBCG) says it has agreed to work with Ripple in developing a “strategy and pilot program” for launching the country's first CBDC or “national stablecoin.

Ripple Signs Central Bank Digital Currency (CBDC) Deal With Montenegro – Is XRP Involved?

Bitcoin

A closely followed strategist says that Bitcoin (BTC) could be on the verge of a breakout rally that may propel the king crypto to a level last seen in April 2022.

Popular Analyst Unveils Breakout Target for Bitcoin, Updates Forecast on XRP and One Low-Cap Altcoin

Retail or non-professional investors powered XRP higher in recent weeks as large investors sold into the rally.

XRP's Four-Week Rally Was Led by Retail Investors: Kaiko

The pilot will see the central bank identify the practical application of a national stablecoin and come up with a design to simulate its circulation.

Montenegro's Central Bank to Develop CBDC Pilot With Ripple

One crypto legal expert says the U.S. Securities and Exchange Commission (SEC) has not proven that XRP is a security in the regulator's lawsuit against Ripple Labs. In a lengthy thread, attorney and XRP supporter Jeremy Hogan tells his 263,300 Twitter followers why he believes the SEC has so far failed to prove XRP is a security.

The SEC Has Failed To Prove XRP Is a Security in Ripple Lawsuit, Says Attorney Jeremy Hogan

Ripple CTO David Schwartz says he wants to have as many people as possible to have no barrier to using XRP. In a tweet to his 434,000 Twitter followers, Schwartz says that he is often asked about whether certain technologies should be exclusively compatible with XRP.

Ripple CTO Explains How XRP Can Reach As Many People As Possible

Crypto legal expert Jeremy Hogan is predicting one possible outcome in the U.S. Securities and Exchange Commission (SEC) lawsuit against Ripple. The pro-XRP attorney tells his 262,800 Twitter followers that a judge may rule the sale of the payment token only violated US securities law for a certain time period.

SEC vs. Ripple Lawsuit: Pro-XRP Lawyer Outlines One Possible Outcome if Judge Decides To ‘Split the Baby'

The price of Ripple (XRP) is moving in the bullish trend zone but is bearish.

Ripple Recovers From Support At $0.48 And Takes Aim At The High At $0.55 Again

Ripple has spent over $100 million fighting the SEC. Financial advisors should pay attention to Ripple's trial, as it could have significant consequences to how we define securities.

The Ripple Effect

Ripple's Effect on Financial Advisors

Avalanche

Xrp rose for a second consecutive session on Wednesday, as the token continued to move away from a recent price floor. Since hitting an eleven-month high a week ago, the token has mostly consolidated. Avalanche was also in the green, as prices hit a one-week high.

Biggest Movers: XRP Rebounds on Tuesday, as AVAX Hits 1-Week High

A widely followed crypto analyst is bullish on XRP and says one Ethereum (ETH)-based altcoin is about to surge. Pseudonymous crypto trader Altcoin Sherpa tells his 194,400 Twitter followers that he is picking a support level for payments platform Ripple's utility token XRP using the Fibonacci retracement tool.

Top Trader Flips Bullish on XRP, Reveals Price Targets for Under-the-Radar Ethereum Altcoin Project

As Ripple and the U.S. Securities and Exchange Commission (SEC) persist in their legal dispute over XRP's classification as a security, the consequences for both parties and the wider cryptocurrency market cannot be understated. This case offers a unique opportunity to attain much-needed regulatory clarity, which could ultimately promote growth and stability throughout the sector.

Dear Ripple, Don't Settle: Embrace the Opportunity to Shape Crypto's Future

DeFi's market capitalization as a percentage of the global cryptocurrency market cap hit fresh lows not seen since last July.

DeFi dominance declines as bitcoin, XRP steal crypto-market spotlight

Hedera

A widely followed crypto trader is anticipating bullish price action for Bitcoin (BTC), XRP and one Ethereum (ETH) rival.

Crypto Trader Turns Bullish on Bitcoin (BTC), XRP, and One Ethereum (ETH) Rival

Ethereum

Litecoin

A crypto strategist who correctly called the marketwide rally for digital assets this year believes Ethereum (ETH) is gearing up for a burst to the upside. In a new strategy session, DonAlt tells his 49,700 YouTube subscribers that Ethereum looks bullish on the weekly chart.

Analyst Who Called 2023 Crypto Breakout Predicts Big Ethereum Rally, Updates Outlook on Litecoin and XRP

Crypto lawyer and XRP supporter John Deaton is giving his take on when Ripple's legal tussle with the U.S. Securities and Exchange Commission (SEC) could end. The SEC sued Ripple in late 2020 under allegations that the company sold XRP as an unregistered security.

Pro-XRP Lawyer Updates Investors on When Ripple Lawsuit May End, Says Insiders Won't Have Prior Knowledge

Ripple CEO Brad Garlinghouse has slammed Securities and Exchange Commission (SEC) Chairman Gary Gensler for claiming that he has the authority to determine which crypto tokens are securities, rather than relying on the legislation that governs his agency's power. “It's time for elected officials in the U.S. to take notice,” the Ripple executive stressed.

Ripple CEO Slams SEC Chair Gensler for Dictating Which Crypto Tokens Are Securities

The token's surge is due to speculation around a long-running legal battle with the SEC, analysts say.

XRP Surges on 'Investor Hope' That Ripple Defeats SEC

Deep-pocketed crypto investors are suddenly shifting hundreds of millions of dollars worth of Bitcoin (BTC) and XRP as the markets trade sideways.

Bitcoin and XRP Whales Abruptly Move Over $650,000,000 Worth of Crypto in Just 24 Hours

The latest price moves in bitcoin (BTC) and crypto markets in context for March 31, 2023. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

First Mover Americas: Ripple Labs' XRP Token Marches Forward

The Ripple (XRP) price, which has risen to a high of $0.58, has started an uptrend.

Ripple Is In A Small Retracement And Challenges The High At $0.55

A decision on whether XRP is a security could come soon, though details of the court's decision will determine the broader impact of the case.

Ripple, industry wait to see if XRP case will be a small splash or a tsunami

With the cryptocurrency market having seen significant growth in recent weeks, on-chain data suggests that some traders and large token holders, also known as "whales," are taking profits after weeks of gains, according to a crypto analytics firm. This could lead to a potential decline in the coming days, Coindesk reported, quoting a report from CryptoQuant.

News for XRP Crypto (XRP)