Payments firm Ripple is announcing exchange partners for the launch of RLUSD, the company's new dollar-pegged stablecoin. According to a new press release, Ripple Labs is collaborating with crypto platforms Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish to launch Ripple USD.
Canary Capital Group, a recently established digital asset investment firm led by former Valkyrie Funds co-founder Steven McClurg, has taken another step toward establishing itself as a leader in the spot crypto ETF market in the U.S. On 8 October 2024, the firm filed a Form S-1 registration statement with the U.S.
Cryptocurrency investment firm Canary Capital has filed to launch a Litecoin exchange-traded fund in the U.S.
Bitcoin and Ethereum ETFs are now trading—will Litecoin and XRP be next? Canary Capital is betting on the next wave with its filings.
The new platform, dubbed Botanica, will give investors a way to trade perpetual futures, traditional futures and options.
XRP traded strongly over the weekend, climbing as high as $0.56 amid a surge in trading volumes. This upward momentum reflects a growing confidence among investors, who are increasingly banking on fundamental and robust technical patterns that point to a bullish outlook for the cryptocurrency.
Between October 1 and 3, Ripple's (XRP) price fell from $0.64 to $0.52. But since then, the token has climbed back to $0.54, suggesting that XRP could break above the hurdles on the upside.
Ripple Swell, the annual conference hosted by the payment firm Ripple, begins today in Miami, running from October 15 to 16. This event gathers Ripple's partners and clients for discussions. During the conference, Ripple's General Counsel, Stuart Alderoty, shared the stage with Adrienne Harris, the chief of the New York Department of Financial Services (NYDFS).
A surge of interest in XRP spot ETFs has recently stirred the crypto community, as Bitwise filed for XRP-based ETFs. This move took some by surprise, given that many expected Solana to be the next major focus after firms like VanEck filed for a Solana ETF, only to later withdraw.
Ripple CEO Brad Garlinghouse believes RLUSD stablecoin is poised to become the gold standard for enterprise-grade stablecoins.
The firm is awaiting regulatory approval from the New York Department of Financial Services for RLUSD's public release.
Ripple has revealed its key exchange partners for distributing RLUSD, a USD-denominated stablecoin designed for institutional use. RLUSD will be accessible to institutions and users through a network of global exchanges and platforms, including Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish.
Ripple has announced the launch of its stablecoin, RLUSD (Ripple USD), along with its global exchange partners who will facilitate the token's availability worldwide.
Ripple Labs, a San Francisco-based payments company, has announced its initial exchange partners for the upcoming launch of its USD-pegged stablecoin, RLUSD. The announcement was made today during the opening session of Ripple's annual conference, Ripple Swell 2024.
TL;DR Ripple has announced the launch of Ripple USD (RLUSD), a USD-backed stablecoin, available on global platforms such as Uphold and Bitstamp. RLUSD is backed by dollar deposits and US government bonds, ensuring transparency and regulatory compliance.
According to data from CoinGlass, the volume of derivatives trading on XRP has literally skyrocketed by 60% in the past few hours.
At the Ripple Swell 2024 conference on Tuesday, Ripple revealed its partnerships with major global exchanges to distribute RLUSD, a USD-denominated stablecoin designed for enterprise-grade financial applications.
Ripple reveals RLUSD exchange partners and market makers ahead of the stablecoin's official launch.
The U.S. Securities and Exchange Commission (SEC) recently appealed its case against Ripple following a ruling by a federal judge that the SEC did not sufficiently prove Ripple violated securities laws by selling XRP to retail customers. Now, as the case moves forward, XRP enthusiasts and legal experts are closely watching the next steps.
The President of the ETF Store, Nate Geraci, recently revealed what would increase the odds of the US Securities and Exchange Commission (SEC) approving the XRP ETF applications. Asset managers Bitwise and Canary Capital have applied with the Commission to offer this fund, providing institutional investors with exposure to XRP.
Ripple Labs Inc. has made another big push toward the launch of its RLUSD stablecoin. In a recent announcement, the blockchain payments firm revealed the names of key partners spanning exchanges and experts in the field.
While many new investors chase 100x returns in established cryptocurrencies, savvy traders are betting on Rollblock for its potential 800% rally and up to 250x profits by 2025. #partnercontent
The crypto market speculations soared today on a potential RLUSD launch date, especially after Ripple shared major updates on its stablecoin. The blockchain firm has recently revealed the first exchange and platform for the upcoming launch of its stablecoin, gaining market attention.
Is XRP ready for a massive rally, or will it witness a price correction first?
Price movement of XRP has been slow recently; it stays about $0.53 and shows a 7% drop over the previous month. Many investors are becoming frustrated as they see the altcoin stagnating after a bit of an increase recently.
Ripple's new stablecoin aims to boost its role in payments and serve as a key link for real-world asset tokenization.
Ripple announced the launch of RLUSD, pending approval from the New York Department of Financial Services.
Amid this ongoing legal battle between Ripple and the United States Securities and Exchange Commission (SEC), Ripple announced its partners for its upcoming dollar-pegged stablecoin, RLUSD. On October 15, 2024, during the Ripple Swell 2024 conference in Miami, Florida, the firm, disclosed that it is operationally ready but awaiting regulatory approval.
Blockchain firm Ripple has unveiled the platforms where its new stablecoin, RLUSD, will be available, aiming to penetrate a market largely dominated by Tether and Circle. Digital asset firm Ripple (XRP) has officially launched its U.S.
Ripple (NASDAQ:XRP) has introduced its U.S. dollar-pegged stablecoin, RLUSD, targeting enterprise applications, on Tuesday. This development coincides with World Liberty, supported by Donald Trump, advocating for stablecoins over Bitcoin (CRYPTO: BTC).
The cryptocurrency market started the 3rd week of October on a positive note by recording a positive inflow for the 3rd consecutive day. Following this, top tokens have regained a significant uptrend in their respective valuations.
Cryptocurrency Market Overview: The crypto market has seen a positive shift over the past 24 hours, growing by 0.96% to reach a market cap of $2.27 trillion. Bitcoin dominance continues to strengthen, reaching 57%, while Ethereum maintains its 13.7% hold on the market.
Amid the ongoing crypto market rebound led by Bitcoin (BTC), Ripple Labs-backed XRP price has struggled to recover bullish momentum. The large-cap altcoin, with a fully diluted valuation of about $53.7 billion and a daily average traded volume of around $1.
In a recent interview, Ripple Co-founder Chris Larsen spoke on why he is backing Kamala Harris, despite the recent criticism. Notably, the blockchain firm is continuing its battle with the US SEC, while many have slammed the current government for its anti-crypto stance.
More regulatory-compliant stablecoins like RLUSD could benefit mainstream crypto adoption worldwide.
Ripple, the company behind XRP, is actively working on becoming a global payment system and leading cross-border payments. To do so, it has made many expansions and collaborations over the years.
Ripple has just reached a new milestone by issuing 4.5 million RLUSD in just 24 hours. This strategic move aims to place Ripple at the heart of the stablecoin ecosystem and compete with the well-established leaders in the crypto sector.
Crypto firm Ripple launched a stablecoin pegged to the U.S. dollar on Tuesday, looking to disrupt a market in which the top two incumbents account for nearly 90% of the value.
Former FDIC Chair Sheila Bair, former JPMorgan exec David Puth and Ripple Executive Chairman Chris Larsen joined the RLUSD Advisory Board.
Ripple's upcoming stablecoin will leverage its established position for payments and be a key bridge for real-world asset tokenization, Ripple Labs President Monica Long told CoinDesk in an interview.
Ripple is approaching the much-anticipated launch of the stablecoin RLUSD, expected by the end of the year.
XRP price is on the verge of a potential price explosion, with technical indicators pointing to a massive rally of up to 143%. Currently consolidating between $0.5 and $0.7, XRP is tightly wound around the 200-week moving average a critical indicator for predicting future price movements.
The XRP price has lifted by 1% in the past 24 hours, moving to $0.5444 as the cryptocurrency market enjoys a similar rise today.
Ripple is consolidating after a significant drop to the $0.5 support, following increased selling activity at the $0.66 resistance. However, after falling below the 100 and 200-day moving averages, the price is in a low-volatility phase, suggesting a potential pullback to these MAs.
Ripple (XRP) traded above $0.5400 early Monday, gaining over 2% ahead of the Ripple Swell 2024, held in Miami, Florida. The event focused on Ripple's latest developments and technology and is closely watched by XRP holders for potential updates on the Ripple USD (RUSD) stablecoin and the firm's custody solutions.
Ripple co-founder Chris Larsen gave $1 million worth of XRP tokens to Future Forward, a super PAC that's supporting Vice President Harris' run for the White House.
The U.S. Securities and Exchange Commission (SEC) is unlikely to approve exchange-traded funds (ETFs) tracking XRP anytime soon, at least not until Ripple Labs' legal battle with the regulator is fully settled, some experts told Cryptonews.