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news-imageSeptember 6, 2024

Is the Ripple (XRP) Price in Major Danger? 4 Factors to Consider

Check out what signals that XRP's value could keep dipping in the near future.
Publisher: CryptoPotato
Sentiment: Negative
XRP

More News Articles

Positive
cover-imageCoinPedia
October 9, 2024

Is XRP Ready to Breakout? Top Trader Predicts 5x Surge!

Ripple's XRP is currently trading at just $0.53, leaving many traders wondering: could it skyrocket by 2x to 5x after the launch of its RLUSD stablecoin? This speculation comes as XRP has struggled to move beyond the $0.50 mark, causing frustration among holders.

Positive
cover-imageBeInCrypto
October 9, 2024

Canary Capital Joins Bitwise in XRP ETF Race

Canary Capital has applied with the US Securities and Exchange Commission (SEC) to launch a spot XRP ETF (exchange-traded fund). If approved, the cryptocurrency investment firm will offer investors access to XRP without them having to purchase the asset directly.

Neutral
cover-imageBenzinga
October 9, 2024

XRP ETF Buzz Increases As Canary Capital Pursues SEC For Greenlight On Its Fund — Will The Gary Gensler-Led Regulator Give Its Nod?

Cryptocurrency asset trading and management firm Canary Capital has lodged a registration statement with the SEC for an XRP (CRYPTO: XRP) exchange-traded fund (ETF), marking the second such filing this month. What Happened: Canary Capital submitted the S-1 filing—a prerequisite for issuers to file to publicly offer new securities—on Tuesday.

Negative
cover-imageBitcoin
October 9, 2024

XRP Army Launches Petition Against SEC Appeal in Ripple Case

The XRP Army is ramping up efforts to push back against the U.S. Securities and Exchange Commission (SEC)'s appeal in the Ripple lawsuit, calling it unnecessary and damaging to the cryptocurrency market. XRP supporters claim that the SEC's actions create instability in the crypto sector, directly contradicting the agency's mission.

Negative
cover-imageThe Currency Analytics
October 9, 2024

Bitwise's XRP ETF Application Faces Significant Challenges Amid SEC Scrutiny

Bitwise Asset Management's recent application for an XRP exchange-traded fund (ETF) has hit several roadblocks, raising questions about the viability of this financial product amid ongoing scrutiny from the U.S. Securities and Exchange Commission (SEC). Following the application's submission in early October, XRP's price has faced a notable downturn, closing at $0.66 at the end of September and dropping nearly 20% to around $0.53.

Positive
cover-imageCoinPedia
October 8, 2024

Canary Capital Joins XRP ETF Race With US SEC Filing

Canary Capital, a crypto investment firm has filed the spot XRP ETF (Exchange Traded Fund) in the United States, following the successful launch of Bitcoin and Ethereum ETFs. The firm named this crypto product the “Canary XRP ETF” while submitting Form S-1 to the US Securities and Exchange Commission (SEC).

Positive
cover-imageCryptopolitan
October 8, 2024

Canary Capital files for spot XRP ETF with US SEC

Canary Capital has officially filed an S-1 with the United States Securities and Exchange Commission (SEC) to launch a spot XRP ETF. This ETF is intended to give investors direct exposure to the value of XRP, the token built on the XRP Ledger, without needing to buy, hold, or manage XRP directly.

Positive
cover-imageThe Currency Analytics
October 8, 2024

Analyst Predicts XRP Could Soar to $12 as Third Macro Wave Approaches

Macro technical analyst Chetan Gurjar unveiled a compelling projection for XRP, suggesting that the cryptocurrency could soon witness a significant price surge, potentially exceeding the $12 mark. This forecast is rooted in Elliott Wave Theory (EWT), which posits that XRP is on the brink of entering its third macro wave—a phase often characterized by explosive price action.

Positive
cover-imageBitcoin
October 8, 2024

Canary Capital Files SEC Registration for XRP ETF

Canary Capital Group LLC has officially submitted a registration with the U.S. Securities and Exchange Commission (SEC) for its proposed Canary XRP ETF, aimed at providing investors with exposure to XRP. The exchange-traded fund (ETF) is designed to give investors an option other than directly holding XRP, making access easier through traditional brokerage platforms.

Positive
cover-imageCrypto Briefing
October 8, 2024

Canary Capital files for XRP ETF with SEC filing

Canary Capital files for an XRP ETF with the US SEC, giving investors new opportunities to access XRP via traditional financial markets. The post Canary Capital files for XRP ETF with SEC filing appeared first on Crypto Briefing.

Positive
cover-imageBitcoinist
October 8, 2024

Solana, XRP Record Inflows From Institutions As Bitcoin, Ethereum Bleed, What's Going On?

In a surprising move, investment funds based on other altcoins failed to follow in the footsteps of crypto giants, with Solana, XRP, Cardano, and Litecoin witnessing inflows during the week. The latest weekly report on digital asset investment funds by CoinShares depicts a trend of weaker investment sentiment among institutional investors.

Positive
cover-imageBloomberg Markets and Finance
October 8, 2024

Bitwise Files for XRP ETF

Wall Street's ETF disruptors are once again pushing regulators to open up the crypto boom to the masses after Bitwise Asset Management Inc. became the first to file for a fund that invests directly in XRP, the world's seventh-largest digital token. Bloomberg News' Isabelle Lee has more.

Neutral
cover-imageCoinPedia
October 8, 2024

XRP News: Ripple Burns 470 Million RLUSD Stablecoins Amid Beta Project Testing

Ripple recently conducted multiple burns of Ripple USD (RLUSD) stablecoins after minting almost 50 million RLUSD over the last week. This series of burns came amid Ripple's warnings to the community about scammers attempting to exploit the still-in-beta project. Ripple remains focused on keeping the launch secure as it continues testing its new stablecoin initiative.

Positive
cover-imageUToday
October 8, 2024

Ripple CTO Dispels XRP Community Doubts on RLUSD Stablecoin

One of the most anticipated launches in the crypto space is nearing as the San Francisco-based cross-border payment provider's Ripple USD (RLUSD) enters what appears to be the final stages of its research and development, with mints and burns of RLUSD accelerating to millions in value.

Positive
cover-imageUToday
October 8, 2024

Binance's XRP Holdings Spike: Is Bull Run Back?

The world's largest crypto exchange, Binance, has released its freshly printed proof-of-reserves report, which shows the ratio between customers' net balances and the exchange's. One of the highlights is the performance of XRP reserves on Binance, as they have suddenly seen a notable increase.

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