Ethereum ($ETH) and XRP ($XRP) lead altcoin rally with $634M and $95M inflows, respectively. US and Hong Kong dominate regional investments, signaling a shift in investor focus from Bitcoin, as altcoin confidence grows.
WisdomTree files with the SEC to launch a spot $XRP ETF, joining Bitwise and others. This move comes as XRP’s market cap surpasses $135 billion and amid anticipated regulatory changes with new SEC leadership.
XRP ($XRP) surged 232% in 30 days, driven by increased leverage and news of Trump’s return and SEC Chair Gensler’s resignation. Analysts warn of potential correction, as regulatory changes loom, possibly impacting Ripple’s SEC lawsuit.
XRPL developers release v2.3.0 after a partial outage due to a missing ledger. The update enhances stability with Multi-Purpose Tokens and Clawback features, positioning $XRP for greater institutional adoption in tokenization.
SG-FORGE integrates its EURCV stablecoin with XRP Ledger, enhancing cross-border payment efficiency. The move leverages XRP Ledger’s rapid transaction speed and low cost, supporting SG-FORGE’s multi-chain strategy for broader digital asset adoption and improved global payment solutions.
21Shares files for an S-1 application to list its Core XRP Trust on Cboe BZX Exchange, with Coinbase as custodian. Despite SEC’s legal battle with Ripple, the move highlights growing institutional interest in diversified crypto investments like $XRP.
Ripple CEO Brad Garlinghouse supports John Deaton for Massachusetts Senate, opposing Senator Warren’s crypto stance. Deaton, backed by other leaders like @BrianArmstrong and @ElonMusk, seeks clear regulations. Ripple expands with Turkey’s Garanti BBVA Kripto partnership.
Ripple’s $XRP donation impacts US politics as co-founder Chris Larsen gives $10M to Kamala Harris’s campaign, highlighting a bipartisan push for pro-crypto policies. Ripple’s $50M contributions to SuperPACs underscore its influence on crypto legislation.
SEC’s filing deadline in its $XRP case is unclear, with dates between Oct. 16-18, 2024. Ripple’s CTO questions the strategy, while experts warn that missing the deadline could risk the SEC’s appeal, highlighting legal complexities in crypto regulation.
Ripple launches RLUSD stablecoin on major exchanges, including Uphold and Bitstamp, with support from market makers B2C2 and Keyrock. Backed 1:1 by USD, RLUSD aims to enhance cross-border payments and expand Ripple’s financial ecosystem. $XRP
Bitnomial challenges @SECGov over $XRP futures classification, citing a Ripple Labs ruling as a strategic move. The case could reshape crypto regulation and its future trajectory. Who will prevail in this regulatory clash? #Crypto #Update
Ripple files a cross-appeal challenging a $125M penalty in its SEC case. This move, amidst the SEC’s attempts to overturn a previous ruling on $XRP, could reshape crypto regulatory frameworks and highlights industry pushback against regulatory ambiguity.
Bitcoin dances between $60K and $65K, while $ETH plans a staking revamp. Meanwhile, an XRP ETF is on the way, and rumors swirl about Satoshi Nakamoto’s identity. Who knew crypto could be this dramatic? ? #Crypto #Humor
Bitwise files for first spot $XRP ETF with the SEC, aiming to hold $XRP directly. Approval is uncertain due to Ripple’s ongoing legal issues with @SECGov, but the move highlights $XRP’s potential in cross-border payments and DeFi.
