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Ripple Secures NYDFS Approval for RLUSD Stablecoin: XRP Price Up 9%
Tuesday, December 10, 2024 - 4:53pm | 503Ripple Labs has received regulatory approval from the New York Department of Financial Services (NYDFS) for its RLUSD stablecoin, marking a significant step forward in its cryptocurrency market expansion. The new stablecoin, pegged to the US dollar, forms part of Ripple’s strategy to...
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If You Invested $1,000 In XRP Token When Snoop Dogg Performed At Ripple Community Event At Consensus 2018, Here's How Much You'd Have Today
Tuesday, December 3, 2024 - 5:46pm | 595The price of the XRP Token (CRYPTO: XRP) from Ripple continues to climb thanks to optimism about the incoming White House administration and potential XRP ETFs, leading to the cryptocurrency recently flipping Tether and Solana to become the third-largest crypto. What Happened: The price of XRP is...
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Bitcoin ETFs Saw $457 Million Net Outflows Last Week, Ethereum ETFs Recorded $634 Million Net Inflows
Monday, December 2, 2024 - 12:49pm | 367Digital asset investment products saw inflows of $270 million last week, setting a new year-to-date record of $37.3 billion, according to a CoinShares report. What Happened: Bitcoin (CRYPTO: BTC), the largest cryptocurrency, recorded significant outflows of $457 million—the first major outflows...
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XRP Price Soars 20% In 24 Hours: Why Is XRP Up?
Friday, November 29, 2024 - 12:07pm | 507XRP (CRYPTO: XRP) is up 20% over the past 24 hours, riding high on bullish sentiment around altcoins. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Ripple (CRYPTO: XRP) $1.74 $99.3 billion +20% +21%...
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Ripple To Invest In Rebranded XRP Exchange-Traded Product By Bitwise
Wednesday, November 27, 2024 - 1:41pm | 497Blockchain payments firm Ripple (CRYPTO: XRP) on Wednesday announced plans to invest in the newly rebranded Bitwise Physical XRP ETP. The ETP, which is backed by XRP, is part of a broader rebranding effort by Bitwise Asset Management to enhance its European product suite. What Happened: Brad...
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WisdomTree Files For XRP ETF Trust: Report
Monday, November 25, 2024 - 1:40pm | 559Asset manager WisdomTree overseeing $113 billion in assets, has filed to establish a trust entity in Delaware as a preliminary step toward launching an XRP (CRYPTO: XRP) exchange-traded fund (ETF). What Happened: If successful, the ETF would track the price of XRP, the sixth-largest cryptocurrency...
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Ripple CEO Expects XRP ETF As Institutional Demand for Crypto Grows
Thursday, October 24, 2024 - 10:47am | 931Ripple Labs CEO Brad Garlinghouse remains confident that an exchange-traded fund (ETF) for (CRYPTO: XRP) is “just inevitable” despite ongoing regulatory challenges. As institutional demand for cryptocurrency surges, Garlinghouse emphasized the importance of crypto ETFs, pointing to the...
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XRP ETF Buzz Increases As Canary Capital Pursues SEC For Greenlight On Its Fund — Will The Gary Gensler-Led Regulator Give Its Nod?
Wednesday, October 9, 2024 - 2:12am | 491Cryptocurrency asset trading and management firm Canary Capital has lodged a registration statement with the SEC for an XRP (CRYPTO: XRP) exchange-traded fund (ETF), marking the second such filing this month. What Happened: Canary Capital submitted the S-1 filing—a prerequisite for issuers to file...
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Ripple ETF: Could It Happen? Bitwise's Filing Faces Uncertain Path Amid Regulatory Concerns
Wednesday, October 2, 2024 - 10:22am | 866The S-1 filing by Bitwise Asset Management for a proposed XRP exchange-traded product (ETP) has sparked debate among investors and analysts regarding its potential approval by the U.S. Securities and Exchange Commission (SEC). What Happened: The proposal seeks to create a fund that directly holds...