{"id":56619,"date":"2025-11-04T15:16:42","date_gmt":"2025-11-04T15:16:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=56619"},"modified":"2025-11-04T15:16:42","modified_gmt":"2025-11-04T15:16:42","slug":"ripple-xrp-news-today-november-4th","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=56619","title":{"rendered":"Ripple (XRP) News Today: November 4th"},"content":{"rendered":"
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Ripple made another key acquisition, its stablecoin reached a major milestone, while XRP\u2019s price crashed hard. In the following lines, we will explore these and other topics related to the company in detail.<\/p>\n

The Latest Deal<\/h2>\n

On October 3, Ripple announced <\/a>the acquisition of Palisade, a crypto wallet and custody provider. The company said that the deal will expand its capabilities \u201cto directly serve the core needs of fintechs, crypto-native firms, and corporates.\u201d Speaking on the matter was Monica Long, President of Ripple:<\/p>\n

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\u201cSecure digital asset custody unlocks the crypto economy and is the foundation that every blockchain-powered business stands on \u2013 that\u2019s why it\u2019s central to Ripple\u2019s product strategy. Corporates are poised to drive the next massive wave of crypto adoption. Just as we\u2019ve seen major banks go from observing to actively building in crypto, corporates are now entering the market, and they need trusted, licensed partners with out-of-the-box capabilities.<\/p>\n

The combination of Ripple\u2019s bank-grade vault and Palisade\u2019s fast, lightweight wallet makes Ripple Custody the end-to-end provider for every institutional need, from long-term storage to real-time global payments and treasury management.\u201d<\/p>\n<\/blockquote>\n

The acquisition follows the official conclusion<\/a> of the $1.25 billion Hidden Road purchase, as well as other major moves, such as the GTreasury deal.<\/p>\n

RLUSD\u2019s Achievement<\/h2>\n

It has been less than a year since Ripple introduced its USD-pegged stablecoin, RLUSD<\/span>. At first, the asset received support from Uphold, Bitstamp, Bitso, Moonpay, and CoinMENA. In the following months, other well-known exchanges, such as Bitget, also embraced<\/a><\/span>\u00a0the stablecoin.<\/p>\n

RLUSD\u2019s market cap has been increasing steadily lately, and earlier this week, it surpassed<\/a> the $1 billion milestone. This makes it the 105th-largest cryptocurrency, but it remains a relatively insignificant player in the stablecoin niche, where Tether\u2019s USDT and Circle\u2019s USDC account for nearly 85% of the entire capitalization.<\/p>\n

XRP Price Outlook<\/h2>\n

Ripple\u2019s cross-border token has tumbled by 14% over the past week, currently trading at around $2.25 (per CoinGecko\u2019s data). The sell-off initiated<\/a> by the large investors, known as whales, in the last five days signals that a more severe collapse could be on the horizon.<\/p>\n

At the same time, some community members think a short-term rally remains a plausible option. X user Cryptoinsightuk reminded<\/a> that XRP started its upward momentum on November 5, 2024, noting that this year\u2019s Ripple Swell Day 2 will be on that date.<\/p>\n

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\u201cAn identical move would take us to $13 by December 3rd. Yes, it\u2019s hopium, but why not hope for the simulation,\u201d they added.<\/p>\n<\/blockquote>\n

Ripple Swell is the company\u2019s annual global conference, bringing together leaders from the worlds of fintech, blockchain, and finance. This year\u2019s event will take place<\/a> in New York City and will kick off with opening remarks from President Monica Long.<\/p>\n

The post Ripple (XRP) News Today: November 4th<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Ripple made another key acquisition, its stablecoin reached a major milestone, while XRP\u2019s price crashed hard. In the following lines, we will explore these and other topics related to the company in detail. The Latest Deal On October 3, Ripple announced the acquisition of Palisade, a crypto wallet and custody provider. The company said that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-56619","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56619","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=56619"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/56619\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=56619"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=56619"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=56619"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}