Bears are more active than bulls on the first day of the week, according to CoinStats.
In a week full of ups and downs for digital assets, XRP stole the spotlight with a whopping $95 million in inflows, marking the highest weekly total ever recorded by CoinShares for investment products based on this popular cryptocurrency. This 621% week-over-week increase is a great example of how the token is attracting more and more attention, especially as financial market participants are talking more and more about U.S.-based ETFs on XRP.
Ripple's XRP has seemingly come to life, retaking its third position that it held for years until the Securities and Exchanges Commission (SEC) sued it in December 2020.
Digital asset investment products experienced their second-lowest weekly inflows in the past eight weeks, totaling $270 million, according to CoinShares‘ latest fund flow report. This brings the total year-to-date inflow to $37.3 billion.
XRP has skyrocketed by 420% in the past month!
Shortly after the XRP price surged by over 27% this past weekend, crypto analyst Ali Martinex highlighted the latest XRP purchases by whales: XRP's price action — up a highly 40% in the past 24-hour period — had even some prominent global macro investors, such as Raoul Pal, excited about XRP's potential to go even
The price of XRP has exploded by 18% in the past 24 hours, as traders continue to buy it up in the wake of Gary Gensler's resignation as SEC Chairman. The post XRP Overtakes Solana and Tether as Market Cap Reaches $139 Billion – Can XRP Hit $100 Next? appeared first on Cryptonews.
Raoul Pal, CEO of Real Vision, has publicly admitted that he was wrong about XRP, a cryptocurrency he had previously criticized for underperforming.
New York-based asset management firm WisdomTree has joined the training of asset managers filing for an XRP exchange-traded fund (ETF).
Dogecoin rally aims $10 with the all time high level breakout. However, the upcoming token unlock worth $42M warns of a rocky road.
For weeks, XRP's price performance has been at the center of attention on the crypto market. Hitting $2.50 at the start of December and posting a staggering, almost 400%, gain since the U.S. election last month, the token has climbed into a dominant position.
A new week has started with a neutral market mood, according to CoinMarketCap.
Michael Arrington has published a tweet to comment on the mammoth growth seen by XRP as it managed to surpass the $2 price level on Sunday.
XRP, the popular cryptocurrency, has been on a stunning rally, surpassing $2.50 at the start of December 2024. This marks a staggering 368% gain since November, pushing its market capitalization to $137 billion.
In a flurry of activity that has caught the attention of the crypto community, over 439 million Dogecoin (DOGE) have been moved in the last 24 hours.
Spot Bitcoin ETF issuer WisdomTree has filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF). WisdomTree joins Bitwise, 21Shares, and Canary Capital in seeking SEC approval for spot XRP ETFs.
For the first time, via Orderly, Solana users can trade meme coin perpetuals with EVM-focused participants across 30+ integrated DEXes and 73 trading perpetuals.
The Ripple price went parabolic in November, making it one of the best-performing cryptocurrencies. Ripple (XRP) surged to a high of $2.50, climbing over 400% from its monthly low.
Binance Coin (BNB) has been trading sideways in the last four days. However, as of this writing, it has breached below a key Exponential Moving Average (EMA) on the daily chart.
XRP has seen an amazing 400% price surge in November 2024, making it the third-largest cryptocurrency by market value. It reached as high as $2.42 before stabilizing around $2.35.
Coinbase Inc. (NASDAQ:COIN) CEO Brian Armstrong has called on the newly established Department of Government Efficiency (D.O.G.E.) to tackle what he describes as a glaring failure of global Anti-Money Laundering (AML) regulations.
Coinbase affiliates will serve as the prime execution agent and XRP custodian for the fund.
Dogecoin rallies toward $0.50, but analysts warn of potential sell signals. Will bullish momentum prevail, or is a pullback imminent?
Litecoin could be on the verge of a significant rally, following a pattern reminiscent of XRP's recent price movements.
Solana (SOL) has recently been navigating choppy market conditions, as traders remain divided on its near-term direction. The token has dropped 7.22% in the past week and 3.22% in the last 24 hours, bringing it to $235 at press time.
WisdomTree has submitted a registration to the SEC for a spot XRP exchange-traded fund.
While Solana was at the forefront of the bull run last month, holders now appear to be looking elsewhere as the SOL price faces challenges and coins like XRP continue to rally. The post Is Solana in Trouble? SOL Price Turns Red with XRP Rally – Can SOL Reach $1,000 in December? appeared first on Cryptonews.
Spot Bitcoin ETF provider WisdomTree became the fourth firm in the US to submit a Form S-1 filing for a spot XRP ETF with the SEC.
TL;DR WisdomTree has filed a Form S-1 registration statement with the U.S. SEC for a spot XRP ETF, marking its entry into the competitive field of XRP-based investment products.
WisdomTree has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot XRP ETF. The post WisdomTree Files an S-1 Registration with SEC for XRP ETF appeared first on Cryptonews.
Discover the three key scenarios to watch this week for Bitcoin, Ethereum, and Ripple in the crypto market.
With the cryptocurrency market gaining momentum, a startling forecast is creating a buzz: 80% of new crypto millionaires may arise in the upcoming four months. The current bull market, along with several innovative development in particular projects, is generating favorable opportunities for investors to take advantage of possible gains.
This week in crypto promises to be eventful, with major developments expected to shape market sentiment. Ecosystems like Solana, Jito, Ethena, and Jupiter are set to make headlines with key updates.
Solana (SOL) has experienced impressive growth over the past few months, but recent price action suggests the momentum may be slowing as the coin faces strong resistance near $250. Here's an in-depth look at SOL's technical levels and market drivers.
Ripple's XRP has seen its price skyrocket since Republican Donald Trump won the U.S. presidential election—setting up a 2025 to be a huge year for bitcoin and crypto.
A trader known for making timely altcoin calls is revealing his true bull market price target for memecoin Dogecoin (DOGE). Pseudonymous analyst Bluntz tells his 300,100 followers on the social media platform X that he believes DOGE will go much higher than most people expect.
The price of Ripple (XRP) has maintained its uptrend and reached a high of $1.95. The cryptocurrency is recovering from its downturn after breaking through the $1.00 and $1.40 resistance levels.
XRP has seen a remarkable surge, reaching highs of $2.50 in today's trading session, a level not seen since Jan. 8, 2018. This nearly seven-year high has captured the attention of the cryptocurrency community and the market alike.
Ripple (XRP) has skyrocketed to a six-year high of $2.49, climbing nearly 30% in the past 24 hours. This price surge is a major milestone for XRP, which has faced challenges maintaining consistent uptrends since Ripple's legal battle with the SEC began four years ago.
Last week, WisdomTree Digital Commodity Services, LLC, a subsidiary of a prominent New York-based asset management firm with over $113 billion in AUM, filed for an XRP exchange-traded fund (ETF) with Delaware authorities. Earlier today, the investment firm submitted to the Securities and Exchange Commission (SEC) the S-1 filing for the WisdomTree XRP Fund.
XRP has experienced an explosive rally, breaking through significant resistance levels and reaching its highest levels in almost seven years. However, with the market showing signs of overheating, a consolidation phase is anticipated in the near term.
Solana price, a Layer 1 blockchain token, has experienced a remarkable rally this year amid broader cryptocurrency market growth. Despite a recent market correction, analysts remain optimistic about SOL's potential to hit the $500 mark.
Monday started with blood on the cryptocurrency market. According to data from CoinGlass, more than $500 million in long and short positions in crypto asset futures were liquidated over the past 24 hours.
As Bitcoin continues to head lower on its own downward trajectory, the major altcoins are following suit. What are the best potential levels to catch a bounce for Ethereum ($ETH), Solana ($SOL), and Binance Coin ($BNB)?
Chainlink price, the biggest oracle in the crypto industry, has bounced back recently as it soared for three consecutive weeks. Crypto analysts, citing its strong fundamentals and technicals, believe that LINK could stage a strong rally, mirroring Ripple's XRP.
Will XRP rally extend as whales position themselves for profit-taking?
The XRP bulls are up and envision a price surge to $20 in some cases.
WisdomTree's move could signal a shift in regulatory attitudes, potentially paving the way for broader acceptance of crypto ETFs. The post WisdomTree files Form S-1 for XRP ETF with SEC appeared first on Crypto Briefing.