Advertisement     Bloomberg’s senior ETF analyst expects multiple new crypto exchange-traded funds (ETFs) to launch in 2025 amid anticipated changes in Securities and Exchange Commission (SEC) leadership since Republican Donald Trump won the U.S. presidential election. Wall Street is pushing for Ripple’s XRP to win a U.S.-listed spot ETF, following in the footsteps…
Market participants look to be securing profits, seeing how the XRP price has corrected since its recent parabolic rally. Analyst TheXRPguy has outlined seven reasons why those yet to secure profits should hold on selling their coins, suggesting that more parabolic rallies lie ahead. More XRP Price Rallies Lie Ahead As Analyst List Reasons Not…
Advertisement     For the first time since 2018, XRP’s market capitalization has skyrocketed above the $100 billion mark, fueled by bullish sentiment and regulatory optimism. The Ripple-promoted crypto asset has flipped BNB to become the fifth-largest cryptocurrency in the market, now only trailing Bitcoin (BTC), Ethereum (ETH), Tether’s USDT, and Solana (SOL). Factors…
Advertisement     As United States Securities and Exchange Commission (SEC) Chairman Gary Gensler prepares to depart the Commission, spot XRP exchange-traded funds (ETFs) applications are piling up. New York-based asset manager Wisdom Tree, managing roughly $113 billion in assets under management, has become the latest to file for a U.S.-listed XPP ETF. WisdomTree…
Advertisement     Pro-XRP lawyer John Deaton highlighted plans for the United States economy to rebound amid macro factors. The rising debt profile remains a talking point for many crypto enthusiasts pitching a strategic Bitcoin reserve, among other solutions. The leading crypto asset has been deployed as a hedge against inflation and a store…
Advertisement     XRP rallied 80% in one week, surging past $1 for the first time in three years. Its market capitalization hit $61.4 billion, pushing Dogecoin (DOGE) to seventh place. Whale activity and hopes for regulatory clarity fueled the surge. On Saturday, XRP reached $1.26, its highest since November 2021. The price jump…
Advertisement     Ripple’s chief executive officer, Brad Garlinghouse, has shared his views on XRP and its spectacular price performance in recent days. Notably, the price of XRP has recently outperformed the rest of the crypto market as the crypto rally cools off. Data from CoinGecko shows XRP jumped from a low of $0.68…
Advertisement     Ripple-promoted cryptocurrency XRP has performed noticeably poorly when compared to other top 10 cryptocurrencies. The price of XRP has dramatically lagged this year, failing to revisit its peak value set in January 2018, while other cryptocurrencies like Bitcoin rallied double-digits to new historic highs this week. A popular lawyer in the…
Advertisement     Major crypto ETF issuer 21Shares has made a big step toward launching an exchange-traded fund tied to Ripple-associated token XRP, following similar proposals from other asset managers. XRP ETF Buzz Picks Up Steam On Friday, 21Shares submitted an S-1 form to the United States Securities and Exchange Commission (SEC) — a…
Advertisement     Despite growing optimism in the crypto community about XRP’s future, the cryptocurrency tied to Ripple has come under increased scrutiny from market analysts, particularly following its ongoing price consolidation and price drop over the past two days. On Monday, Northstar, a popular crypto analyst, took to X (formerly Twitter) to express…