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.
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.
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.
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 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
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
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
? 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 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 (@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
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.
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.
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.
Ripple is contesting the SEC’s $2B fine, offering a $10M settlement instead. Ripple argues there were no findings of fraud and claims the demand is excessive. The outcome could reshape U.S. crypto regulations. #CryptoNews #Update
