XRP ETF: Bitwise Files SEC Registration
Bitwise files for a spot $XRP ETF with @SECGov. With @Coinbase Custody and @BNYMellon handling the funds, this could be a major step for crypto in mainstream finance. XRP down 2.4%. #CryptoNews #Update
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XRP ETF Trust Filed in Delaware
Bitwise files for $XRP ETF with Delaware amid SEC uncertainties. This move follows Grayscale’s similar XRP trust introduction and Ripple’s $125M settlement with the SEC. Approval faces challenges due to potential political influence and SEC’s crypto stance.
XRP Trust Launched by Grayscale
Grayscale Investments launches Grayscale XRP Trust, spiking $XRP by 7%. The trust grants accredited investors access to XRP, crucial for cross-border payments, mirroring other single-asset products. Experts predict an XRP-ETF by 2025.
XRP Surges 8 Percent on Grayscale Launch
Grayscale introduces XRP Trust, causing an 8% spike in $XRP value and sparking speculation on future XRP ETFs. The legal battle between @Ripple and the SEC remains a hurdle. Legislative changes could pave the way for more crypto ETFs.
XRP Payments Now Accepted Suisse Gold
Suisse Gold now accepts $XRP, $BTC, $ETH, and other cryptocurrencies for gold, silver, and platinum purchases. Prices adjust in real-time, reflecting market volatility. This move enhances payment flexibility and signals increased integration of digital assets in traditional investments.
Ripple Labs Tests RLUSD on Ethereum
Ripple Labs tests RLUSD stablecoin on $XRP Ledger and $ETH. RLUSD is fully backed by USD deposits and US treasury obligations. Regular audits and monthly transparency reports promised. Expansion to other blockchains planned. #CryptoNews
Ripple Lawsuit Ends XRP Surges 18%
Breaking: Ripple fined $125M in SEC lawsuit; XRP soars 18% to $0.61. Judge Torres rules institutional sales violated securities laws, while programmatic sales did not. Potentially pivotal for future crypto regulations. $XRP #Update
Blockchain Expansion: Ripple and DIFC Partnership
Ripple teams up with Dubai’s DIFC Innovation Hub to accelerate blockchain adoption in the Middle East. The partnership aims to leverage Dubai’s crypto-friendly regulations and foster innovation. Plans for an independent XRPL Foundation are also underway. $XRP #Blockchain #Update
XRP Ledger Surge Sparks DDOS Attack Fears
? The $XRP Ledger backed by @Ripple is seeing a surge in activity, identified as a DDOS attack. Since Dec. 28, the network averages 5M daily transactions, affecting speed and functionality. Experts link it to fraudulent trading. #CryptoNews #Update
Ripple Backs XRP ETF, CEO Affirms
Ripple CEO Brad Garlinghouse welcomes an XRP ETF but reveals no specific plans. He highlights the importance of regulatory clarity and predicts more crypto ETFs, praising them for enhancing market stability. #CryptoETF @Ripple @Bloomberg
Ripple Proposes $10M Settlement Over $2B SEC Fine
Ripple (@Ripple) contests the SEC’s $2B fine, proposing a $10M civil penalty instead. CEO Brad Garlinghouse criticizes SEC’s actions, highlighting compliance with XRP token sales rules. The SEC’s fine request is 20x higher than past cases. #CryptoNews
Price analysis 7/22: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA
On July 22, cryptocurrency market capitalization surpassed $1 trillion, with strong interest in Bitcoin and altcoins like ETH and BNB, highlighting the need for a catalyst to reach new highs.
Why is XRP price up today?
XRP’s price surged amid a broader crypto market correction, driven by anticipation of a pivotal Ripple-SEC meeting, potentially influencing regulatory clarity and XRP’s future adoption.
Price analysis 7/24: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB
Bitcoin is holding at $65,500; failure to maintain this level could lead to a drop to $62,000, affecting altcoins. Staying informed is crucial amid market volatility.