Ethereum (ETH) has been trying to break the shackles and claim the next highs. However, the overall sentiment appears to be too negative at this point in time.
Ripple has received in-principle financial services license approval from the Dubai Financial Services Authority (DFSA).
On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) attracted another round of inflows, netting $61.3 million. Meanwhile, the spot ethereum ETFs took a hit, with the nine funds collectively pulling out $822,290 during the trading session. Bitcoin ETFs Pull in Millions, Ethereum Funds Post Losses The spotlight was on bitcoin ETFs, which gathered $61.
With the U.S. financial watchdog, the SEC, getting close to the Oct. 7 deadline to appeal the recent Ripple ruling, XRP holders are looking forward to seeing what the agency does next. The verdict, which said that secondary XRP sales are not securities, was first seen as a big legal win for Ripple.
Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA), marking a significant step in its efforts to boost financial services innovation in the United Arab Emirates (UAE), according to an Oct. 1 statement.
BlackRock‘s recently launched Ethereum ETF (NASDAQ:ETHA) is seeing significantly lower volume and inflows compared to its Bitcoin counterpart. The company's head of digital assets, Robert Mitchnick, doesn't anticipate that gap closing anytime soon.
XRP has recently gained attention in the crypto community, with analysts predicting a significant price surge in the near future. One notable market observer, known as Crypto Wizard, has forecasted what he describes as a “turbo candle” for XRP, suggesting that the digital asset could soon witness a substantial price increase.
Ethereum's (ETH) price has been struggling to break from the resistance at $2,698 for over six weeks, with repeated failed attempts to secure a close above this level. This resistance has kept the altcoin king in consolidation, preventing further gains.
The XRP price fallen by 3% in the past 24 hours, slipping to $0.6288 on a day when the crypto market as a whole has fallen by 1.5%.
In a revelation on the upcoming Ripple USD (RLUSD) stablecoin, insights emerged from a conversation with a former Ripple employee who was intricately involved in developing Ripple's On-Demand Liquidity (ODL) product.
Ripple, the San Francisco-based crypto payment provider, has released another one billion XRP tokens from its escrow accounts, according to a Whale Alert report. As usual, Ripple released the XRP tokens on Oct. 1, which is its standard practice for the first day of each month.
The price of XRP (XRP) is trading above the moving average lines after the breakout on September 14.
Recent activities include minting significant amounts of RLUSD, suggesting the testing phase might be wrapping up or moving into a more active phase of development.
TL;DR Ripple Receives Approval: Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services within the Dubai International Financial Centre (DIFC). Strategic Expansion: The approval allows Ripple to offer its enterprise-grade digital asset infrastructure, including Ripple Payments Direct (RPD), to a broader customer base in the UAE.
Over the last two weeks, the gas fees to use Ethereum have skyrocketed by 498% due to a jump in network activity. According to a report from Coinbase published on September 27, the average gas fees between September 16 and September 26th were nearly five times higher than usual.
Ripple has advanced its compliance pursuit with a full license to operate as a money service business in Dubai.
American blockchain payments firm Ripple Labs Inc. is expanding globally after securing a major operating license in Dubai. The firm announced that it has secured in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).
Ripple gains in-principle approval from Dubai's DFSA, moving closer to offering cross-border crypto payment services in the UAE.
Ripple insider discloses that the upcoming Ripple RLUSD stablecoin will actually benefit XRP price. Ripple CEO Brad Garlinghouse revealed in Korea Blockchain Week (KBW) 2024 that the RLUSD will be released “in weeks, not months.
Significant transactions often send ripples through the market. Recently, a wallet associated with Vitalik Buterin, the co-founder of Ethereum, transferred a hefty amount of ETH, raising concerns among traders and analysts alike.
Bitcoin (BTC) sank further, dropping below $64,000 following a drop of 1.22% over the past 24 hours. The drop comes despite positive sentiments around the world's largest cryptocurrency and an increase in spot Bitcoin ETF inflows.
The crypto market displays bearishness as Bitcoin plunges below $64,000, trading above $63,900 at press time. With experts confident that the prevailing downsides to offer dip-buying opportunities before solid rallies in the much-anticipated “Uptober,” various topics have caught the crypto community's attention today.
U.S. spot Bitcoin ETFs witnessed daily total net inflows worth $61.30 million on September 30. The inflows marked an eight-day positive streak that started on September 19.
Ripple bags preliminary approval for financial licensing in the UAE, expanding its scope of services.
Robinhood Markets Inc.'s (NASDAQ:HOOD) cryptocurrency division launched crypto transfers for its European customers on Tuesday. This new feature allows users to deposit and withdraw over 20 different cryptocurrencies.
Jesse Pollak's new role at Coinbase aims to strengthen Coinbase's values and enhance user experience in the blockchain ecosystem.
Ripple, a digital assets infrastructure, has secured in-principle approval from the UAE's Dubai Financial Services Authority (DFSA) to expand its services from the Dubai International Financial Centre (DIFC).
Robinhood Crypto on Tuesday said it has launched crypto transfers in Europe, enabling users to deposit and withdraw more than 20 cryptocurrencies and also earn a 1% yield on deposits. However, it has excluded a few tokens including Ripple's XRP, zkSync (ZK), Wormhole (W), Arbitrum (ARB), Cosmos (ATOM), Polkadot (DOT), EOS, Fantom (FTM), Jupiter (JUP),
The legal showdown between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is heating up, as the possibility of an appeal by the SEC becomes increasingly likely. With crucial implications for the cryptocurrency market and the future of digital asset regulation, both traders and investors are bracing themselves for what could be a pivotal moment.
Vitalik Buterin is laying out how the Ethereum (ETH) ecosystem can embrace both decentralization and cooperation without compromising either. In a new blog post, the Ethereum creator argues that the ecosystem's strength comes from the wide range of people and organizations working on it.
San Francisco-based Ripple announced Tuesday that it obtained in-principle approval from the Dubai Financial Services Authority (DFSA), the regulator responsible for overseeing various financial activities.
Ripple has received in-principle approval from the Dubai Financial Services Authority to enhance its cross-border payment solutions in the Middle East.
Ripple releases 1 billion XRP, saving XRP from a 4.26% drop in 24 hours and stabilizing the crypto market.
Ethereum (CRYPTO: ETH) co-founder, Vitalik Buterin, threw his support behind the cryptocurrency-based prediction market Polymarket, emphasizing its value in providing accurate information and preventing misinformation. What Happened: On Monday, Buterin argued in favor of the so-called decentralized prediction market that has grown in popularity this U.S. election season.
Spot Ethereum ETF products are faring below expectations, including BlackRock's iShares Ethereum Trust.
Bitcoin ETFs saw strong inflows of $494.4 million on Friday followed by more modest $61.3 million on Monday, while Ethereum ETFs experienced mixed flows with initial inflows followed by minor outflows at month's end.
In the past 24 hours, XRP has dropped around 4%. The possible reasons for the short-term weakness arise from the SEC's potential appeal against Ripple.
Ripple has obtained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its blockchain-based payment services in the United Arab Emirates (UAE). This approval allows Ripple to operate from the Dubai International Financial Centre (DIFC), significantly boosting its presence as a regulated entity within the Middle East.
Ripple's native cryptocurrency, XRP, has been riding a wave of optimism, climbing past the $0.66 mark. Many investors are now eyeing the possibility of the coin hitting $0.91, as the market shows signs of a bullish breakout.
The crypto market continues to evolve at a steady pace, but certain asset classes are struggling to convince investors. This is particularly the case with Ethereum ETFs, which, despite their potential, have failed to capture the expected interest.
Check out what could be XRP's next move.
Robert Mitchnick, the head of digital assets at financial giant Blackrock, recently addressed the underwhelming performance of Ether-based exchange-traded funds, predicting that things are not going to change for the better anytime soon.
Legal experts, including former SEC attorneys, believe an appeal is likely, citing concerns about inconsistencies in rulings related to programmatic XRP trading.
XRP News: XRP price today sparked bearish market sentiments across the crypto landscape, tanking nearly 5% against the backdrop of Ripple's 1 billion token unlock. On-chain data indicates that the American blockchain payments firm unlocked a whopping 1 billion coins from escrow, raising concerns among market watchers despite the native token being on a price
Robinhood is positioning the move as a way to provide users with greater control over their digital assets and simplify access to DeFi.
Spot Bitcoin exchange-traded funds saw their eighth straight day of inflows on Sept. 30, whereas spot Ether ETFs experienced outflows following a day of positive flows.
XRP's price has been battling to break above the 78.6% Fibonacci Retracement line since early March, facing significant resistance. Despite repeated attempts, the altcoin has failed to maintain a breakout, keeping it in a bearish zone.