The cryptocurrency market has been on a significant uptrend over the past month, adding in around $600 billion to its total market capitalization over the period amid a bull run that helped Bitcoin top the $100,000 mark for the first time ever.

The ETP, which trades under the ticker BSOL, comes with a unique advantage for investors: staking rewards. Bitwise has partnered with Marinade, a Solana staking firm, to provide these rewards.

XRP has recently surpassed Tether (USDT) to reclaim its spot as the third-largest crypto by market cap, following Bitcoin and Ethereum. Meanwhile, this sudden rise follows the global launch of Ripple's new stablecoin, RLUSD. As a result, XRP's market cap now stands at $147 billion, surpassing USDT's market cap of $140.5 billion.

XRP has been at the center of ambitious price targets, with some market participants speculating that it could reach as high as $100, $300, or even $500 in the future. These predictions are often fueled by XRP's historical performance and the belief that the cryptocurrency could repeat its past success.

The XRP (XRP -6.12%) cryptocurrency is skyrocketing these days.

Despite an earlier strong breakout, XRP's price performance has been under pressure lately and appears to be stagnating. Although there is a bullish trendline breakout on the given chart, momentum is waning.

Bitwise, a prominent asset manager in the cryptocurrency space, has launched a Solana staking Exchange-Traded Product (ETP) called BSOL in the European Union. This launch comes as the company continues to face significant regulatory challenges in the United States, where efforts to introduce a similar Solana ETF have been stalled.

TL;DR Bloomberg analysts predict a significant surge in crypto ETFs in 2025, driven by changes in SEC leadership and growing market demand. The first wave of new crypto ETFs is expected to be led by Bitcoin and Ethereum, followed by Litecoin and Hedera, which have favorable regulatory positions.

Ripple has launched its dollar-backed stablecoin RLUSD on multiple global exchanges, with initial trading available on five platforms and more to follow, while maintaining full USD backing through deposits, treasuries, and cash equivalents.

Good news for the crypto enthusiasts in the European Union. The famous crypto asset management firm, Bitwise, just launched its Bitwise Solana Staking ETP (BSOL). They launched the product on Deutsche Börse Xetra. It is a great product for investors looking for institutional grade exposure to Solana.

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.

Crypto index fund manager Bitwise has introduced a Solana staking exchange-traded product (ETP) in Europe under the ticker BSOL. The post Bitwise Launches Solana Staking ETP in Europe as U.S. Awaits ETF Approval appeared first on Cryptonews.

Another SEC official with a negative stance on the crypto industry could vacate their post.

Between Sunday, December 25, and the time of writing, XRP whales have accumulated tokens worth $2.17 billion. This significant purchase has sparked speculation that XRP's price could be ready to hit a new high with just a few days left before the year closes.

Ripple's new stablecoin is fully backed by US dollar reserves to ensure price stability and minimize volatility, making it suitable for global cross-border transactions. The post Ripple's New Stablecoin RLUSD Officially Launched, Will XRP Pump Even Harder? appeared first on Cryptonews.

RLUSD will initially be available on exchanges such as Uphold, Bitso, MoonPay, Archax, and CoinMENA. More platforms, including Bullish, Bitstamp, Mercado Bitcoin, Independent Reserve, and Zero Hash.

Bitcoin (BTC) and Ethereum (ETH) ETFs pushed institutional crypto adoption this year to new highs. In light of the new, crypto-friendly US presidential administration and broader rally, Bloomberg analyst Eric Balchunas expects to see more crypto ETFs rolling out next year.

As the markets are heading towards the end of the year, the volatility has increased as expected. Meanwhile, these levels favour both the bulls and the bears at frequent intervals, suggesting a particular pattern being formed within the markets.

Solana maintains its position above $210 support while Bitwise launches a new staking ETP offering 6.48% yield, as technical analysts identify potential breakout patterns suggesting further upside potential.

XRP has broken through the $2.70 price level, establishing new support zones while technical indicators and market analysts point to potential further upside movement toward the $3 mark, though some analysts warn of possible retracement.

Solana price faces mounting pressure, with performance trailing behind Bitcoin, Ethereum, and lately XRP. Will 2025 mark a breakthrough to a new ATH for SOL price?

XRP consolidates after rallying more than 500% in 2024. When there's a pause after such a massive rally, speculation increases, especially with the Ripple token so close to its ATH.

Solana rose by 67% in just 17 days as the bull rally started on October 10 this year. However, as it hit the peak at $263, it initially took a sideways path followed by a downturn.

Bitwise's new Solana staking ETP, BSOL, enters the European market with competitive rewards and low fees, surpassing rivals.

Bitcoin is shooting for the moon again on the current macro market cycle. But since the start of November, Ripple nearly went parabolic.

Despite the broader market pullback, the Solana price is up 1.74% trading at $217 as asset manager Bitwise launches the Solana staking ETP in Europe with the ticker BSOL. The announcement revived hope among Solana investors who have been waiting on the sidelines for the past few weeks as SOL consolidated around $210.

Ripple's Chief Technology Officer (CTO), David Schwartz, has confirmed that the recent reduction in XRP Ledger (XRPL) account reserve fees is aimed at unlocking more XRP for users, making the platform more accessible. The changes reflect Ripple's continuous efforts to improve the XRP Ledger in response to the growing global adoption of cryptocurrencies.

It looks like the clouds are clearing for Ripple as recent events have given it a boost, possibly changing the course of its legal battle. Trump's promise to fire SEC Chair Gary Gensler on day one seems to be coming true, as Gensler announced his resignation on January 20, the same day Trump is inaugurated.

Bloomberg analysts Eric Balchunas and James Seyffart predict a significant surge in cryptocurrency exchange-traded funds (ETFs) in 2025.

XRP surged 13% in the past 24 hours, trading at $2.69, with a weekly increase of 21%.

XRP has been on an upward trajectory, showing a steady increase in price and momentum. Currently trading at $2.51, the popular altcoin has been building bullish momentum over the past few days, up 4.21% since December 15.

The year 2024 is ending with Bitcoin touching the new ATH of $107K and maximum altcoins trading in green. Factors adding to this rally are major expectations of lower interest rate cuts in December, as it typically helped Bitcoin. Another factor that boosted this rally was the inclusion of MicroStrategy in the Nasdaq 100 index.

Great news for the crypto industry: SEC Commissioner Caroline Crenshaw will not be renominated. According to Fox Business' Eleanor Terrett, a Senate aide confirmed that the Senate Banking Committee's scheduled vote on her nomination has been canceled.

XRP price started a fresh increase above the $2.50 zone. The price is now consolidating gains and might soon aim for a move above the $2.62 resistance.

Empower Oversight is calling on Congress to release an SEC inspector general report on former chairman Jay Clayton's actions. A nonprofit focused on government accountability, they questioned Hinman, who served as the SEC's Division of Corporation Finance director from 2017 to 2020.

Ripple's XRP rallied beyond $2.71 on December 17 after the launch of the much-awaited RLUSD stablecoin. However, XRP has hit reverse after touching $2.71 and is now trading at $2.55 level. XRP has strong support near the $2.40 levels and currently, the market is moving in the right direction and may rise slightly higher.

The on-chain analytics firm Glassnode has revealed the reason why Solana (SOL) has recently been lagging behind Bitcoin (BTC) and Ethereum (ETH). Solana Realized Cap Growth Has Slowed Down Recently In a new post on X, Glassnode has discussed about how the recent performance of Solana has stacked up against the two largest coins in the sector.

Key Points:

Ripple's RLUSD stablecoin launch drives XRP demand amid SEC scrutiny. Will the Crenshaw vote further boost XRP's price?

According to Messari's most recent analysis, Solana (SOL) is primed for explosive expansion in 2025, fueled by major funding, technological improvements, and growing institutional interest. Related Reading: The $589 XRP Dream: Believers Aren't ‘Delusional' Enough, Expert Says The study indicates that in the third quarter of 2024 Solana's ecosystem funding reached $173 million, the highest level since mid-2022.

Bitwise is launching a Solana staking ETP in the European Union. The firm's efforts to secure a Solana ETF in the US have stalled recently, prompting this switch in tactics.

XRP, the cryptocurrency developed by Ripple for fast and low-cost payments, has been under the radar of many traders and analysts recently. Now, one seasoned crypto strategist believes that XRP could be on the brink of an extraordinary surge, potentially increasing by 719%.

The cryptocurrency market has been experiencing a phase of consolidation following Bitcoin's recent surge, and altcoins like Litecoin (LTC) and XRP are mirroring this trend. Both tokens have been caught in long-term symmetrical triangle patterns, signaling potential breakouts.

Solana (SOL) has been holding steady above a crucial demand level near $210, a key area that could ignite a massive bull run. After reaching an all-time high (ATH) on November 22, Solana has experienced a 23% retracement, testing investor confidence.

Bloomberg analysts forecast a wave of crypto ETFs, featuring XRP and Solana, in 2025 amid SEC changes and market shifts. The post Bloomberg analysts predict wave of crypto ETFs in 2025, targeting XRP, Solana, and HBAR appeared first on Crypto Briefing.

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A notable financial expert and wealth mentor, Linda Jones, has explained why XRP is a good long-term investment. In her video “Why Do I Hold XRP?