Ripple Labs has significantly improved the XRPL (XRP) ecosystem over the years, despite the legal hurdles in the United States. The blockchain payment company holds the largest share of XRP, through the escrow account, whereby the firm receives 1 billion units at the beginning of each month.
Onchain data shows that the trader holds 9.62 million CHILL GUY tokens, worth about $5.6 million at current market prices.
In a latest development today, Bitwise Asset Management has announced that it has renamed its European XRP exchange-traded product as part of a broader rebranding of its European product suite.
In the past 24 hours, several cryptocurrencies have made attempts to recover from recent losses, driving renewed interest in certain altcoins. Among the top trending altcoins today is a newly launched asset whose project recently introduced its Mainnet altcoin and has quickly gained traction in the market
Ripple's $25M pledge to Fairshake PAC boosts its efforts to influence crypto policy amid legal challenges with the SEC.
The announcement arrives as the "U.S. regulatory environment for crypto [is] finally becoming more clear," said Ripple CEO Brad Garlinghouse.
Story Highlights The Ripple price stabilizes above the $1.4 mark, indicating strong support. The technical indicators record increased volatility and eyes to retest higher price targets. A potential reversal could push the price toward the $2 mark this year. The XRP token has maintained its value above the psychological barrier of $1.4 this week.
In a political context where every dollar can influence the fate of a nation, Ripple, a giant in the blockchain field, has made a bold decision.
With crypto continuing to climb higher, three cryptocurrencies from the past are making a lot of the running. Can Ripple ($XRP), Cardano ($ADA), and Stellar ($XLM) continue their wild rides?
A pro-XRP lawyer lambasted SEC Chair Gary Gensler for not being fair with all cryptocurrency platforms, accusing Gensler of favoring some entities. The Securities and Exchange Commission official was scrutinized as his critics discovered that he had private meetings with the founder of an offshore crypto exchange.
Bitwise Asset Management has announced the rebranding of its European XRP ETP (exchange-traded product). This is part of its broader strategy to strengthen its foothold in the crypto investment space.
A closely followed crypto analyst says that one Solana (SOL) rival is exhibiting market strength despite Bitcoin's (BTC) pullback to the lower $90,000 range. Pseudonymous analyst Pentoshi tells his 822,400 followers on the social media platform X that the native token of the layer-1 blockchain Sei (SEI) is primed for another leg up.
Solana (SOL) has faced increased selling pressure since it climbed to an all-time high of $264.63 on November 24. Exchanging hands at $232.72 at press time, the coin's value has since dropped by 12%.
Fairshake, which raised over $200 million in 2024 to become the most influential PAC of that election, is now setting its sights on 2026.
Bitwise said that it's planning to rebrand its entire European ETP portfolio as it expands its operations in Europe.
XRP price has sustained an upward trend, indicating strong bullish momentum despite a slight market correction. This surge aligns with broader market optimism, showcasing increased confidence in XRP.
Ripple's chief technology officer (CTO) David Schwartz has published a tweet, commenting on the big legal win scored by Tornado Cash against the US Treasury in court. Schwartz particularly commented on the US Treasury's claim that smart contracts are a service in this case.
The Market Value to Realized Value (MVRV) ratio surged to 217% on Tuesday, showing overbrought market activity. High profit-taking and an MVRV ratio indicating overvaluation could lead to a market correction.
With over $10 billion in client assets, Bitwise is reshaping institutional crypto investing, starting with the rebranded XRP ETP.
XRP has witnessed a surge in selling activity since it climbed to a three-year high of $1.63 on November 23. Currently trading at $1.41, the altcoin has since noted a 13% price dip.
As many may know, there were three main people behind the creation of XRP Ledger, XRP and Ripple: David Schwartz, Jed McCaleb and Arthur Britto. If the first two are well known and have an established media presence, the latter remains a rather mysterious person and is rarely in the spotlight.
The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.
The freshly minted Solana meme coin is trading over $0.62 and its market cap rose from $461 million to $621 million in just two days.
Dolos The Bully (BULLY), a meme coin built on the Solana blockchain, has hit a new all-time high today. This milestone comes after BULLY's price increased by over 700% within the last seven days.
The co-founder of Metamask, Dan Finlay, launched a new token named Consent on Solana and Base, which focuses on user consent and autonomy.
Solana has pulled back to $230 after breaking $250, while maintaining strong network metrics and showing technical patterns that suggest potential further upside
XRP maintains stability above $1.30 while forming a consolidation pattern between $1.30 and $1.45, with key technical levels suggesting potential for future price movement.
Bitwise Asset Management unveiled a rebranding of its European XRP ETP, with blockchain firm Ripple backing the newly renamed product.
Chris Giancarlo, former Chairman of the Commodity Futures Trading Commission (CFTC), recently suggested that the SEC may drop its lawsuit against Ripple. In a FOX Business interview, Giancarlo, also known as “Crypto Dad,” discussed the possibility of the SEC re-evaluating the case, particularly following the trial court's August ruling.
Since the US election, the crypto market has experienced massive growth. Many believe that this trend will continue at least till the mid-2025. As the crypto community discusses the possibilities of making the best use of this latest bull run, cryptocurrency asset management giant Grayscale has reopened private placements for over 19 crypto trusts.
Solana memecoin market cap grew $985 million in the last 24-hours, despite Bitcoin prices tumbling to weekly lows, GOAT, CHILLGUY, BINK emerge top gainers.
WisdomTree Funds has filed to establish a Delaware statutory trust entity for its proposed XRP ETF which may be coming soon.
"I think they should drop the XRP case. I would bet that they would," Giancarlo said.
The cryptocurrency market is abuzz with contrasting narratives as two distinct tokens, Keanu (KNU) and Solana (SOL), capture investor attention. Keanu, a relatively new entrant inspired by the cultural phenomenon of Keanu Reeves, is making waves with its meme-driven appeal and charitable ethos.
XRP price previously rose to three-and-a-half year highs, but profit taking took its toll. Here's why I expect it to bounce back.
The hackers behind the recent DEXX breach have resumed their operations. According to cybersecurity firm Mistract, the stolen altcoins are now being converted into Solana (SOL) on a large scale, potentially indicating a methodical laundering of funds.
The cryptocurrency market experienced a bearish trend on November 27, with major tokens like Bitcoin, Ethereum, Solana, and XRP seeing significant losses. However, Fantom and Algorand stood out, recording notable gains amidst the market turbulence. BTC, ETH, SOL, and XRP tokens decline The total crypto market cap has dropped by 2%, standing at $3.
The crypto markets are consolidating ahead of the next bullish wave, which is believed to begin in a short while from now. The Bitcoin price is reaching a pivotal support zone, which is expected to offer a strong boost and push the prices towards the much-awaited milestone at $100K.
Grayscale Investments has reopened private placement in its 19 trusts including XRP, Solana (SOL), and Stellar (XLM) for eligible investors. Institutional and individual accredited investors may subscribe to private placements at net asset value (NAV), enabling them to hold for a specific period and sell them at the secondary market.
WisdomTree, a prominent asset management firm overseeing $113 billion in assets, has filed for an XRP Exchange-Traded Fund (ETF) in Delaware. This filing marks a significant move as WisdomTree seeks to expand its presence in the burgeoning cryptocurrency market.
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Ripple's XRP is currently trading below the $1.40 mark and is down by more than five percent in the last 24 hours. Following Gary Gensler's resignation, the price rallied and touched $1.51 levels and then hit a reverse. However, most of the top 10 coins, including Bitcoin have slipped into the red zone.
XRP price is consolidating near the $1.400 zone. The price must clear the $1.4550 resistance zone to start a fresh increase in the near term.
Solana (SOL) is rapidly emerging as a strong contender in the cryptocurrency market, with recent price action displaying resilience even amid broader market downturns. While Bitcoin (BTC) experienced a significant drop, falling below the $95,000 mark, Solana continued to show strength, recently breaking its all-time high (ATH) of $262.
Surge in Interest for XRP ETFs Interest in XRP exchange-traded funds (ETFs) has surged, with notable filings from asset management firms. WisdomTree filed for an XRP ETF on November 25, 2024, aiming to capitalize on cryptocurrency interest beyond Bitcoin and Ethereum.
The cryptocurrency market has experienced a significant downturn, with major digital assets posting notable losses.
Solana makes history with a weekly close above $250! Price discovery mode may target $300 and beyond.