The SEC has acknowledged Cboe BZX Exchange's filing to list Bitwise XRP ETF, with analysts predicting high approval chances. The decision follows SEC's implied classification of XRP as a commodity.
The SEC just acknowledged another XRP ETF filing, this time from Bitwise. Last week, Cboe BZX Exchange filed applications to list several XRP ETFs, including the one from Bitwise.
XRP's price action on Feb. 18, 2025, reflects short-term bearish pressure amid critical support tests. Technical indicators signal cautious optimism for a rebound if key levels hold. XRP The 1-hour chart reveals a clear downtrend, marked by lower highs and lows, with XRP trading between $2.48 and $2.52 over the past hour.
The Dogecoin (DOGE) price is on the cusp of testing a key technical level that, depending on its reaction, could have a meaningful implication on its medium-term outlook. The post Dogecoin (DOGE) Price Approaches Key Technical Level – Here's Where Its Headed Next appeared first on Cryptonews.
The SEC's review of Bitwise's XRP ETF could enhance market legitimacy, broaden investor access, and influence future crypto regulations. The post SEC formally accepts Bitwise's XRP spot ETF filing appeared first on Crypto Briefing.
Cryptocurrency markets are trading lower despite bullish catalysts, including rising institutional investment and Texas' Strategic Bitcoin Reserve proposal. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,100.04 -1.8% Ethereum (CRYPTO: ETH) $2,637.93 -3.7% Solana (CRYPTO: SOL) $166.02 -7.3% XRP (CRYPTO: XRP) $2.51 -5.5% Dogecoin (CRYPTO: DOGE) $0.2472 -4.3% Shiba Inu (CRYPTO: SHIB) $0.00001511 -3.6% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 14.5% and daily active addresses grew by 22.3%.
Bitcoin (CRYPTO: BTC) has been stuck in a multi-week range, leaving altcoins struggling for momentum. However, traders believe this consolidation phase could be setting the stage for an altseason breakout.
XRP's price has continued to lose ground despite the positive news.
XRP price has dropped nearly 4% in the last 24 hours and is down 21% over the past 30 days, bringing its market cap to $144 billion. The decline comes as key technical indicators flash warning signs, with the Chaikin Money Flow (CMF) hitting its lowest level since June 2022 and active addresses dropping by 53% in the past month.
In a latest update, the U.S. SEC acknowledged a spot XRP ETF filing from Cboe BZX Exchange for Bitwise to list and trade shares. The SEC has invited comments on the proposal, with a deadline 21 days after it is published in the Federal Register.
The XRP community is abuzz with excitement as the Securities and Exchange Commission (SEC) acknowledges the third XRP ETF. Recently, the SEC acknowledged Bitwise's XRP ETF, sparking hopes of a major breakthrough in the XRP price.
XRP, the digital currency connected to Ripple, is showing significant bullish signs in the market. A popular chart pattern, known as the Cup and Handle, has recently appeared on its price chart, and experts are speculating that this could drive the price of XRP up to $3.35, marking a notable local high for the asset.
According to new reports, the U.S. Securities and Exchange Commission (SEC) has confirmed the receipt of an application for a Bitwise spot XRP Exchange-Traded Fund (ETF). According to earlier reports, Bitwise initially filed an application to launch the product back in early October.
The SEC previously acknowledged spot XRP ETF filings from 21Shares and Grayscale, though not from Canary Capital and WisdomTree.
Can whales spark the lost retail FOMO in XRP?
Stuart Alderoty, chief legal officer at enterprise blockchain Ripple, has identified the SEC's habit of filing "follow-on' actions after the DOJ as a "major" source of waste at the agency.
US Social Security Administration (SSA) acting head Michelle King resigned after a dispute with DOGE over access to sensitive government records.
BTC has dumped to a two-week low of its own.
The U.S. Securities and Exchange Commission acknowledged Bitwise's spot XRP ETF filing earlier this Tuesday.
Cboe sought permission to list four spot XRP ETFs on Feb. 6, including 21Shares Core XRP Trust.
A potential shift from bearish performances in Dogecoin's price seems to be on the horizon as the chart shows an encouraging trend of growing bullish momentum. With DOGE's upside strength gradually building, analysts believe that the meme coin could be entering the beginning of a notable price move to higher levels.
Bitcoin has fallen to its lowest price in weeks as Solana continues to bleed amid the LIBRA controversy, plus other top coins dip.
Dogecoin (DOGE) traders are at a crossroads regarding the asset's direction amid mixed market signals. In the last 30 days, meme coin growth has stalled following declining crypto prices as sentiments dropped.
Choppy market conditions have kept Dogecoin (DOGE) from reclaiming the $0.30 mark in recent weeks, raising concerns among its supporters despite its massive $37.4 billion market cap.Earlier predictions placed DOGE's potential 2025 peak at $0.64.
Another crypto market crash is occurring, with the Bitcoin price dropping below the crucial $95,000 support level, dragging altcoins like Ethereum, Solana, and the XRP price along with it. This price crash has occurred mainly due to the bearish sentiment in the market, thanks to several factors.
Ripple-linked crypto XRP could be on the precipice of another parabolic rise. According to a widely-followed crypto analyst, XRP is forming a convincing pattern on the price chart, signaling a potential surge of up to 28% in the foreseeable future.
Cryptocurrencies are some of the most volatile assets you could invest in. But those willing to hang on for the ride can experience some staggering returns.
A new technical chart shared by crypto analyst Cas Abbé (@cas_abbe) on X is showing a recurring bullish pattern in Dogecoin's price action. The 3-day chart highlights three distinct descending channels in Dogecoin's history—one during Q4 2023, another in Q3 2024, and the current one in early 2025—that each preceded major price surges of over 150%.
Elon Musk's DOGE has announced an audit against the SEC, targeting fraud and mismanagement. This could be the catalyst XRP investors have been waiting for.
The overall cryptocurrency landscape seems to be getting poorer day by day due to the continuous price drop. Amid this, XRP, the native token of Ripple Labs, has been hit hard by the current sentiment, witnessing a notable price drop of 6% in the past 24 hours and reaching a crucial level.
In a recent report, on-chain data research provider Kaiko evaluated the liquidity ranking of several crypto assets, including major cryptocurrencies XRP, SOL, BTC and ETH. This is necessitated amid increasing odds of altcoin spot ETFs and as market depth returns to pre-FTX levels.
The native asset of the Ripple network, XRP, has climbed 3.8% over the past week, demonstrating resilience amid broader market weakness.Notably, XRP leads the top five cryptocurrencies with nearly 24% year-to-date gains, outperforming major altcoins like Ethereum (ETH) and Solana (SOL), which are down 19.3% and 11%, respectively, over the same period.
XRP, the native token associated with Ripple Labs, has recorded significant activities in the last 24 hours. XRP, worth $4.84 billion, has hit different cryptocurrency exchanges within this time frame.
Bitcoin (BTC) registered a drop late on Monday, falling from $97,000 to $95,243 before rebounding and settling just above $96,000. The flagship cryptocurrency registered another slump during the current session, falling to a low of $95,189 before recovering and moving to its current level.
CNBC's Megan Cassella joins 'Squawk on the Street' to discuss the latest details on DOGE's efforts in Washington.
Ripple (XRP) price has seen signs of consolidation over the past week. Recent fluctuations suggest concern in the market direction.
INX trading platform lists Dogecoin ($DOGE) and Pepe ($PEPE) as memecoin frenzy across crypto surges. This follows previous listings of the Trumpcoin ($TRUMP) and Melania ($MELANIA).
MEMX has filed with the SEC to list an XRP ETF as a "Commodity-Based Trust," marking a significant step toward expanding cryptocurrency ETFs beyond Bitcoin and Ethereum.
Sen. Bill Hagerty (R-Tenn.) joins 'Squawk Box' to discuss the dueling budget proposals from the House and the Senate, enacting President Trump's legislative agenda, extension of the Trump tax cuts, cutting the size of government, and more.
Technical indicators are suggesting that XRP might wait longer before reclaiming the $3 resistance, a level that has remained elusive recently.
Ripple's RLUSD stablecoin surpasses 120M tokens with XRP Ledger adoption outpacing Ethereum, driving liquidity shifts and potential XRP price implications.
After what felt like forever stuck in a sideways grind, XRP finally made its move in November. You know how it is - when an asset breaks out like that, even the pro traders can get thrown off.
Ripple CTO David Schwartz has sparked fresh discussions on the evolving role of Bitcoin and XRP in the crypto space. In a recent exchange on X, Schwartz shared insights on XRP Ledger (XRPL) and highlighted the need for scalable and trustless bridging solutions.
A total of $279 million in liquidations has hit the broader cryptocurrency market. Data from CoinGlass shows that top altcoins suffered more liquidation in the last 24 hours from long-position traders.
Check out why the case against Ripple may be fully withdrawn soon.
On-chain data shows that whale activity on the Dogecoin network has declined by nearly 88% since November 2024, thus weighing down on bullish sentiment.
XRP has seen a significant surge in open interest, climbing to $4.7 billion amid a price rally that pushed the token above $2.55. The increase signals renewed investor confidence following a sharp decline earlier this year.
XRP is currently trading at $2.58, registering a 3.56% increase over the past week. In technical analysis, the RSI rebounded from 30, indicating a possible recovery, while the MACD shows a positive divergence, signaling a potential bullish move. Additionally, the SEC acknowledged an ETF application for XRP, boosting market optimism.