2026-04-05 Sunday

XRP News in Nigeria

Get the latest XRP price action and key developments in Nigeria
XRP Death Cross Alert: Key Short-Term Price Levels to Watch

XRP Death Cross Alert: Key Short-Term Price Levels to Watch

The post XRP Death Cross Alert: Key Short-Term Price Levels to Watch appeared on BitcoinEthereumNews.com. XRP has confirmed a death cross on its hourly chart, coinciding with its recent price drop. A death cross occurs when a short-term moving average such as the 50 MA falls below the long-term moving average. In the case of XRP, the hourly moving average 50 has fallen below the 200 MA, creating a death cross. XRP/USD Hourly Chart, Courtesy: TradingView The XRP price has steadily dropped since a high of $3.10 on Oct. 2. The drop reached a low of $2.78 in today’s trading session as the broader crypto market saw a retreat. Traders are currently eyeing Fed Chair Jerome Powell’s remarks for clues on Fed policy amid data gaps from the government shutdown, which has now entered its ninth day. Recently released Fed minutes indicate that while officials were united in their drive to lower interest rates in September, they were divided over how many rate cuts they should enact from October onward. Federal Reserve Chair Jerome Powell will speak at the Community Bank Conference in Washington today. What’s next?  At press time, XRP was down 2.54% in the last 24 hours to $2.79 and down 5.7% weekly. According to Ali, a crypto analyst, XRP could find support at $2.73. If it holds, a rebound to $3.10 is likely.   On the other hand, sellers will attempt to strengthen their positions by pulling the price below the $2.69 support. If they succeed, XRP may start a downward move toward $2.33. This negative view might be invalidated in the short term if the XRP price turns upward and closes above $2.73, as previously stated. This could catapult XRP to $3.20 and subsequently to $3.38. As reported, Ripple announced its collaboration with Bahrain FinTech Bay to accelerate crypto adoption and introduce RLUSD to key financial institutions in the Middle Eastern…
Ripple may bring RLUSD stablecoin and custody services to Bahraini institutions via Fintech Bay partnership, with XRP in focus

Ripple may bring RLUSD stablecoin and custody services to Bahraini institutions via Fintech Bay partnership, with XRP in focus

The post Ripple may bring RLUSD stablecoin and custody services to Bahraini institutions via Fintech Bay partnership, with XRP in focus appeared on BitcoinEthereumNews.com. COINOTAG recommends • Exchange signup 💹 Trade with pro tools Fast execution, robust charts, clean risk controls. 👉 Open account → COINOTAG recommends • Exchange signup 🚀 Smooth orders, clear control Advanced order types and market depth in one view. 👉 Create account → COINOTAG recommends • Exchange signup 📈 Clarity in volatile markets Plan entries & exits, manage positions with discipline. 👉 Sign up → COINOTAG recommends • Exchange signup ⚡ Speed, depth, reliability Execute confidently when timing matters. 👉 Open account → COINOTAG recommends • Exchange signup 🧭 A focused workflow for traders Alerts, watchlists, and a repeatable process. 👉 Get started → COINOTAG recommends • Exchange signup ✅ Data‑driven decisions Focus on process—not noise. 👉 Sign up → Ripple Bahrain partnership brings Ripple’s custody solution and RLUSD stablecoin to Bahrain’s financial institutions, enabling pilots in cross-border payments, tokenization and stablecoins while leveraging Bahrain Fintech Bay and the Central Bank of Bahrain regulatory framework to accelerate local digital asset adoption. Ripple Bahrain partnership enables pilots for RLUSD stablecoin and custody with Bahrain Fintech Bay Collaboration targets cross-border payments, tokenization and regulated stablecoin issuance under Central Bank of Bahrain frameworks. Ripple holds 60+ global regulatory approvals; XRP ranked fifth by market cap at time of reporting. Ripple Bahrain partnership: Ripple will pilot RLUSD stablecoin and digital custody with Bahrain Fintech Bay—discover what this means for banks and payments. What is Ripple’s partnership with Bahrain Fintech Bay? Ripple Bahrain partnership is a strategic collaboration where Ripple and Bahrain Fintech Bay (BFB) will run fintech pilots and test digital asset solutions in Bahrain, focusing on cross-border payments, tokenization, custody and the RLUSD stablecoin. The initiative aims to integrate regulated stablecoin issuance and custody services for local financial institutions. How will Ripple introduce RLUSD and custody services in Bahrain? Ripple plans to…
Crypto News: Market Faces $5.6B Options Expiry Post Hawkish Jerome Powell Jitters

Crypto News: Market Faces $5.6B Options Expiry Post Hawkish Jerome Powell Jitters

The post Crypto News: Market Faces $5.6B Options Expiry Post Hawkish Jerome Powell Jitters appeared on BitcoinEthereumNews.com. Bitcoin, Ethereum, and XRP traders brace for $5.6 billion in crypto options expiry. The expiry follows the Federal Reserve Chair Jerome Powell speech that gave no guidance for investors, keeping the crypto market volatile and uncertain. Crypto prices dipped as the US dollar and the 10-year Treasury yield rose amid economic growth concerns due to the prolonged U.S. government shutdown. Will the market cap slip under $4 trillion again amid massive crypto liquidations? Crypto News: $4.6 Billion Bitcoin Options Expiry More than 38K BTC options with a notional value of $4.6 billion to expire on the largest derivatives crypto exchange Deribit on October 10. The put-call ratio was 1.1. This indicated that traders were leaning bearish, placing more put options bets as compared to calls after the latest crypto market crash. Moreover, the max pain price was at $118,000, significantly lower than the current market price. This implied only a slight chance of a pullback in BTC price towards the max pain, with high calls at $120,000 and $121,000 strike prices. In addition, the 24-hour call volume was higher than the 24-hour put volume. Also, the put-call ratio of 0.87 indicated that traders were cautiously buying calls options amid neutral sentiment. Bitcoin Options Open Interest | Source: Deribit As per Greekslive, major participants were focusing on out-of-the-money call options and strike prices close to their recent historical highs. Options open interest below $120,000 are relatively scarce, and the overall market maker gamma level is still low, signaling limited impact from minor price fluctuations. Bitcoin price was trading 2% lower at around $120,800 at the time of writing. The 24-hour low and high were $120,798 and $124,167, respectively. Ethereum Options with $0.93 Billion in Notional Value to Expire In Ethereum crypto news, 215K ETH options with a notional value of almost…