Solana (SOL) has been showing resilience in the market despite recent fluctuations. Trading at around $234, the cryptocurrency is maintaining a steady price after dipping to $225 earlier this week.
Solana (SOL) has generated significant buzz in the crypto space as one of the most promising blockchain platforms. Often touted as the “Ethereum killer,” it gained massive popularity during its peak, reaching an all-time high (ATH) of $295 on January 19, 2025.
Teleport, the decentralized ride-hailing service on Solana, announced Thursday that it is shutting down.
NYSE Arca seeks to convert Grayscale's XRP Trust into a spot ETF, with Coinbase Custody and BNY Mellon handling key roles.
Litecoin (LTC) has been making waves in the crypto market, with its price soaring by 11% over the past 24 hours. The altcoin reached a daily high of $131.67 before settling slightly lower at $127.19.
Grayscale filed a 19b-4 Form with the New York Stock Exchange (NYSE) to trade its XRP Trust on Jan. 30, which equates to converting the product to an exchange-traded fund (ETF). The trust was introduced on Sept.
After a recent explosive rally, XRP has calmed down and is currently trading at $3.10. Although momentum appears to be slowing down, the asset has managed to maintain its position above important support levels.
The XRP Ledger (XRPL) has activated the AMMClawback amendment, a major update to improve the regulatory compliance of its Automated Market Maker (AMM) pools. The upgrade, which achieved 91.43% consensus from validators, ensures token issuers have control over assets deposited in liquidity pools under specific conditions.
Alternative ride-sharing app Teleport was founded in 2022, and raised $9 million, amid a surge in interest in "dePIN" projects.
Coinbase is looking to list the futures as soon as Feb. 18, it said in the filing.
On Jan. 30, NYSE Arca, a New York Stock Exchange subsidiary, filed the paperwork to transform Grayscale's $16.1 million XRP Trust into a spot exchange-traded fund (ETF). According to the filing, Coinbase Custody Trust Company, LLC will act as the official custodian, while BNY Mellon Asset Servicing takes charge of administration and transfer duties.
The exchange is looking to list these new contracts, which will be cash-settled on a monthly basis, on or after Feb. 2025.
Amid the recent price decline, XRP, the native token of Ripple Labs, has formed a bullish price action pattern and is poised for a double-digit price rally. Today, January 31, 2025, the overall cryptocurrency market seems to be recovering, including Bitcoin (BTC) and Ethereum (ETH), but XRP appears to be struggling.
Crypto trading venue Coinbase Derivatives has applied for self-certification with the US Commodity Futures Trading Commission (CFTC) to list the Solana Futures Contract. The exchange directed the letter to CFTC's Christopher Kirkpatrick, highlighting February 18 as its desired launch date for the product.
After UFC's Instagram was hacked to promote a pump-and-dump Solana meme coin scam, the attackers got away with $1.4 million in profit.
The memecoin launch attracted hundreds of thousands of new onchain users, propelling Solana to become the third-largest blockchain network by stablecoin supply.
Grayscale filed a 19b-4 application to create an XRP ETF. The firm has been petitioning the SEC for several new ETF products in recent weeks, and it's far from alone in doing so.
The controversial Solana-based memecoin launchpad Pump.fun has deposited $407 million worth of SOL into the crypto exchange Kraken in the past year, according to the digital asset tracker Lookonchain. Lookonchain also notes that Pump.fun, which launched in January 2024, sold 264,373 SOL for $41.64 million worth of the stablecoin USDC.
A widely followed crypto analyst says that one rival of smart contract platform Solana (SOL) is waiting in the wings before making its next move to the upside while updating his outlook on Bitcoin (BTC).
Grayscale Investments has submitted a proposal to convert its XRP (CRYPTO: XRP) Trust into an exchange-traded fund at the New York Stock Exchange. The move comes as part of a broader effort by asset managers to introduce regulated investment vehicles for digital assets.
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.
Experts warn that a bitcoin-only reserve poses concentration risks and exposes the U.S. to potential volatility. Two experts urge the U.S. administration to diversify its crypto stockpile to build a resilient digital reserve and reduce systemic risks. Ripple vs. Bitcoin Maximalists The establishment of a bitcoin-only reserve poses concentration risks and exposes the U.S.
A subsidiary of the New York Stock Exchange made its move on Thursday to convert Grayscale's XRP Trust to a spot exchange-traded fund.
Crypto asset manager Grayscale Investments has filed for Spot $XRP ETF with the New York Stock Exchange (NYSE) in a move that could drive cryptocurrency adoption. Responding to a post on the X platform, some enthusiasts described the development as great news in the cryptocurrency ecosystem as a Spot ETF could provide easier access.
Solana (SOL) price has risen more than 5% in the last 24 hours, bringing its market cap to around $117 billion and trading volume to surpass $6 billion. Despite this short-term surge, technical indicators remain mixed, with the Ichimoku Cloud showing uncertainty and the BBTrend still in negative territory.
With former SEC Chair Gary Gensler's exit on Monday, a wave of optimism has swept through the XRP community.
The official X account of Time, the famous red-framed magazine, was hacked earlier this Thursday in order to promote a fake Solana-based cryptocurrency.
The two prominent tokens have captured significant attention: Ripple (XRP) and Dogecoin (DOGE). Regional investor groups gravitate towards the distinct digital currency protocols that XRP and DOGE present to the market.
Solana's market maturity and liquidity could accelerate broader crypto ETF adoption, enhancing market stability and investor confidence. The post Solana's market structure mirrors Bitcoin and Ether, strengthening its bid for US ETF approval appeared first on Crypto Briefing.
The stablecoin Ripple USD (RLUSD) surpassed $3.02 trillion in total trading activity just over a month after its debut on centralized exchanges, according to a CCData report. In January alone, RLUSD recorded $2.84 trillion in trading volume as of Jan. 23, establishing itself as the fourth-largest stablecoin by trading volume.
Grayscale Investments has filed with the New York Stock Exchange to offer a spot XRP exchange-traded fund. This filing aims to convert Grayscale's existing XRP Trust into an ETF, allowing shares to be listed and traded on the NYSE.
In a recent development, Asset Manager Grayscale has filed a 19b-4 form through the NYSE to launch an XRP ETF. “Grayscale Investments has filed with the New York Stock Exchange (NYSE) to offer a spot XRP exchange-traded fund (ETF).
Grayscale has filed with the SEC to list an XRP ETF on the NYSE Arca, following last weeks Solana and Litecoin ETF filings. The post Grayscale files for XRP ETF with NYSE as institutional demand rises appeared first on Crypto Briefing.
Ripple (XRP) eyes $4 next while Shiba Inu (SHIB) gathers steam for its next big move; DTX Exchange (DTX) is on track for a 100x upswing after Tier-1 exchange listings.
Asset manager Grayscale has filed with the New York Stock Exchange (NYSE) to offer a Spot XRP ETF. This comes just days after the asset manager filed for a Litecoin and Solana ETF.
Litecoin (LTC) is seeing a surge in bullish momentum, with its price climbing 10% in the past 24 hours. The recent rally came as the US Securities and Exchange Commission (SEC) reviewed the application for the Canary Spot Litecoin exchange-traded fund (ETF).
Jack McDonald, SVP of stablecoins at Ripple, has announced that the market cap of Ripple USD (RLUSD) has surpassed $100 million.
The crypto world keeps changing, with new projects trying to become the next big hit. Ripple (XRP) shows what's possible in crypto,
Ripple Labs, the developers of the XRP token and XRP Ledger (XRPL), is set to unlock 1 billion XRP tokens on February 1, 2025. The unlock event will release approximately $3.10 billion worth of cryptocurrency into the market.
Solana price recovers today, reaching its highest point since Tuesday. This rebound coincided with the broad crypto market rally, with Bitcoin soaring above $105,000.
Litecoin price is up today after the SEC acknowledged Canary Capital's spot LTC ETF application within two weeks of its initial filing on Jan. 16.
Crypto assets are trading sideways after attempting a narrow recovery following last week's free fall. Despite slight whale inflows, Solana (SOL) and Tron (TRX) are among the struggling altcoins.
After a sharp downturn earlier in the week, triggered by the emergence of China's artificial intelligence (AI) model, DeepSeek, Litecoin (LTC) has rebounded strongly, surging nearly 17% in the last few hours to trade at $130 at the press time.
The U.S. Securities and Exchange Commission has acknowledged Canary Capital's Litecoin ETF proposal, saying it would be soliciting comments and asked for those to be submitted 21 days after publication in the Federal Register.
After the week-long corrective pullback that cut across crypto majors, assets like Litecoin and Bitcoin are on a rebound. In both cases, the bulls are striving to break crucial resistance in their quest to retest and surpass recent highs.
The JELLYJELLY token, inspired by Venmo's founder, sees explosive growth on launch day, marking a shift towards Internet Capital Markets on Solana.
XRP decoupled from the crypto market after positive regulatory developments for Ripple Labs reinforced investors' bullish conviction in the altcoin.