Ripple News Brad Garlinghouse Slams $11B Gold Transfer as XRP Price Eyes $2

Author

Ahmed Barakat

Author

Ahmed BarakatVerified

Part of the Team Since

Mar 2024

About Author

Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

Has Also Written

Fact Checked by

CryptoNews Editorial Team

Author

CryptoNews Editorial TeamVerified

Part of the Team Since

Sep 2018

About Author

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

Has Also Written

Last updated: 

Ripple CEO Brad Garlinghouse turns an obscure central-bank logistics story into a full-throated news for crypto rails. The timing isn’t accidental. There’s a technical setup building underneath the noise.

Garlinghouse took to X to blast the Central Bank of the Netherlands after a CNBC report revealed it took six months to move 86 metric tons of gold, worth $11 billion, from vaults in the U.S. and Canada to London. He paired it with a callback to Germany’s four-year gold repatriation saga from 2013, noting that a decade separates the two stories, yet the settlement infrastructure hasn’t changed since the 1940s.

Crypto market cap, meanwhile, grew from $1.5 billion to $2.7 trillion in that same window. And it matters, XRP has spent the past week defending support in the $1.32-$1.40 band while repeatedly probing resistance overhead, and Garlinghouse’s timing puts a spotlight squarely on the settlement-speed narrative right as technical structure firms up.

Discover: The Best Token Presales

Can XRP Price Hit $2 This Week Amid The Ripple News?

At $1.42, XRP sits comfortably above near-term support at $1.32-$1.38, a zone that’s held through multiple retests over the past several sessions. Immediate resistance clusters at $1.43-$1.45, with the more consequential ceiling parked at $1.68-$1.72. It is the level analysts say needs to break on volume before $1.90-$2.00 targets become realistic rather than aspirational.

The bull case is a clean break above $1.45, flips resistance into support, momentum builds toward the $1.68-$1.72 zone, and a decisive close above that band opens the path to $2.00 and potentially $2.10+. The base case has XRP chopping between $1.35 and $1.45 while the market digests Fed policy signals and waits for a volume catalyst.

The bear case? A failure to hold $1.32 support drags price back toward $1.25-$1.27, invalidating the near-term breakout thesis. Institutional positioning and regulatory clarity remain the swing factors worth tracking into next week.

Earn $50 and Enter $300K Prize Draw on EdgeX

Bitcoin Hyper Targets Early Mover Upside as XRP Tests Key Levels

XRP holders sitting on gains from the monthly rally have a fair question to ask: at a $2.7 trillion combined crypto market cap and XRP’s own multi-billion-dollar valuation, how much upside realistically remains before the next leg requires a genuinely new catalyst?

The gold-transfer story is a strong narrative, not a new use case, and Ripple’s payment thesis has been priced in for years. That’s where earlier-stage infrastructure plays start pulling attention.

Bitcoin Hyper ($HYPER) is positioning itself as the first Bitcoin Layer 2 with full SVM integration, aiming to deliver execution speeds faster than Solana itself while settling back to Bitcoin’s base layer for security.

The project has raised $33 million in presale funding at a current token price of just $0.0136859, with staking rewards offered at a high APY. Core features include a decentralized canonical bridge for BTC transfers and low-latency smart contract execution, effectively giving Bitcoin the programmability it’s lacked for 15 years.

Research Bitcoin Hyper directly before the presale window closes.

Trade Crypto on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop