Crypto asset manager Bitwise has officially filed for an XRP exchange-traded fund (ETF) in Delaware. It marks a major step in the push toward institutional-level investment in Ripple’s native cryptocurrency. Bitwise CIO Says Filing is Genuine Fox Business reporter Eleanor Terrett took to X on October 1 to break the news that Bitwise had registered […]
Ripple (XRP) ETF on the Way? Bitwise Steps Up with Delaware Filing Read More »
TL;DR Ripple’s legal battle with the SEC nears a potential conclusion after Judge Torres ordered the company to pay a reduced $125 million fine. The firm recently requested a stay on the payment, sparking speculation about a possible SEC appeal before the October 6 deadline. Experts suggest this move could buy time for further legal
Ripple v. SEC Lawsuit Recap September 18th Read More »
XRP performed well this week and closed with a 11% price increase. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Price Moves Higher After firmly securing the 54 cents level as support, XRP rushed higher and almost reached 60 cents before a pull back followed. Buy momentum remains strong and could see the price
Ripple (XRP) Price Prediction and Outlook for This Week Read More »
The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP). Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an
Is Grayscale’s Ripple Trust the Way Toward a Spot XRP ETF in the US? Read More »
TL;DR Ripple was ordered to pay a $125 million fine, significantly lower than the US SEC’s initial demand, with both parties able to contend until early October. Lawyer Bill Morgan now sees a reduced chance (45%-55%) of an appeal form the Commision, based on recent case developments and favorable views on Judge Torres’ ruling. The
Ripple Vs. SEC Lawsuit Update: Pro-XRP Attorney Lowers the Agency’s Appeal Chances Read More »
TL;DR Ripple plans to launch a stablecoin called Ripple USD (RLUSD) on the XRP Ledger and Ethereum, aiming to bridge crypto with traditional finance. A few days ago, Ripple minted the first portion of RLUSD tokens as part of private beta testing. The Latest Development Ripple became the talk of the town earlier this year
Fundamental Ripple (XRP) Update: Native Stablecoin Development Progress Read More »
Ripple recently announced a collaboration with Archax, the first digital asset exchange regulated by the UK’s Financial Conduct Authority (FCA). Now, RippleX, the company’s development arm, is coming up with a critical prediction concerning the XRP Ledger. Ripple Devs Seeing a “New Era” for the XRP Ledger In a recent update, RippleXDev, the development arm
Critical Ripple (XRP) Prediction but It’s Not What You Think Read More »
Ripple’s Chief Technology Officer, David Schwartz, will be attending the Permissionless conference later in October in Salt Lake City. Interestingly enough, when he tweeted about his appearance and participation, this triggered a discussion revolving around the specifics behind perimissioned, semi-permissioned, or trusted networks or, at the very least, their categorization as such. The digital asset
Important Ripple (XRP) Clarification by CTO: Here’s What You Need to Know Read More »
Despite an uneventful weekend, XRP started Monday in green. Key Support levels: $0.54 Key Resistance levels: $0.68 1. Price Find Support After a roller coaster volatility, XRP’s price finally found good support at 54 cents and it seems buyers are again interested in taking this cryptocurrency higher. If successful, the current target and resistance is
Why is the Ripple (XRP) Price Up Today? Read More »
TL;DR Ripple is partnering with the Dubai International Financial Center (DIFC) to enhance blockchain and crypto innovation in the UAE, focusing on early-stage companies and scale-ups. This collaboration is seen as a significant milestone for the DIFC, enhancing its role as a global hub for talent and tech. Ripple and Dubai Ripple plans to strengthen
Ripple (XRP) Inks a Strategic Deal in the Middle East: Details Read More »
