Ripple CEO Brad Garlinghouse met with several senators and state representatives to discuss crypto policies, and he left the meeting hopeful.
XRP price jumps after SEC acknowledges Grayscale's XRP ETF filing, marking a shift in the regulator's stance.
Dogecoin (DOGE) has rallied by 6.1% in the past 24 hours and currently stands at $0.2738 as the U.S. Securities and Exchange Commission (SEC) acknowledged applications for spot exchange-traded funds (ETFs) for both DOGE and XRP.Now, the SEC has 240 days to review and issue a response for these applications.
XRP and Dogecoin surge after the U.S. SEC acknowledged Graycale's applications for XRP and DOGE spot ETFs. Plus, GameStop considers buying bitcoin and South Korea lifts a ban on crypto trading in a sign of greater global acceptance of digital assets.
As more and more experts are certain that spot ETFs on major altcoins will be approved in the U.S., cryptocurrency educator, investor and speaker Dan Gambardello says we are about to enter a brand-new territory. New developments unlock previously unseen opportunties for large institutional investors.
Ripple CEO Brad Garlinghouse is optimistic about the progress of crypto regulations in the United States after engaging with lawmakers in Washington, D.C. In a Feb. 13 post on X, Garlinghouse shared that he met with several policymakers in Washington, D.C.
Dogecoin (DOGE) has long been a favorite among meme coin enthusiasts, but its recent performance has raised concerns among investors. While DOGE still enjoys support from a loyal community, its lack of fundamental innovation has left it vulnerable to more technologically advanced competitors.
Prominent trader Unipcs believes meme coins have a history of explosive comebacks when least expected, suggesting a meme coin comeback could be around the corner. What Happened: The trader argued in a post on X on Friday that the risk/reward (R/R) ratio favors longs, as the biggest meme coins have already corrected 70-90% from their peaks just months ago.
US President Donald Trump's administration may be shelving plans for a formal “Crypto Council” in favor of a series of informal summits featuring a rotating cast of industry leaders.
Ripple's native crypto, XRP, decoupled from the heavy selling pressure emerging in the market due to the failure of Bitcoin to regain $100K. XRP turned out to be one of the biggest gainers of the day, while other major cryptos printed red indexes or gained marginally.
XRP rose 6.57% to $2.72. A significant increase in on-chain activity coincides with this price increase as the volume of XRP payments soars to 845 million.
XRP continues to hold firm above the $2 support level, maintaining investor interest despite broader market uncertainty.
Currently valued at $0.20, Rexas Finance (RXS) is a new cryptocurrency causing much discussion in the crypto world because of its similarities with Ripple (XRP). Over the years, XRP's price has surged dramatically, particularly in 2017, when it shot from undervaluation to an ATH.
XRP has been bullish on many fronts within the last 48 hours. The token's price has experienced a massive rebound, resulting in mild liquidations for traders holding long and short positions in the last hour.
The Securities and Exchanges Commission acknowledged a filing by the New York Stock Exchange and Grayscale for an XRP ETF on Thursday.
Stellar (XLM) has risen over 10% in the last 24 hours, closely mirroring the upward movement of XRP. This rise comes amid optimism that more cryptocurrencies will soon join Bitcoin (BTC) and Ethereum (ETH) in acquiring their spot exchange-traded funds (ETFs), as the SEC reveals new updates on crypto ETF filings.
Stellar (XLM) was also a top performer, gaining 6.1% from Thursday.
The Securities and Exchange Commission has acknowledged Grayscale's applications for spot Dogecoin (CRYPTO: DOGE) and XRP (CRYPTO: XRP) ETFs. This step signals that the agency is willing to consider the proposals, a shift from its previous tendency to dismiss similar applications for alternative cryptocurrencies.
The XRP price turned green for four consecutive days as Ripple ETF odds surged on Polymarket and as most XRP Ledger tokens rallied. Ripple (XRP) rose to $2.
Dogecoin (DOGE) is up 5% this Friday. The spike follows renewed optimism surrounding the approval of a spot Dogecoin exchange-traded fund (ETF).
"Remember, anything below $3.40 is merely noise in the market," one popular analyst stated.
After breaking out of a prolonged consolidation, XRP, the native token of Ripple Labs, appears to be struggling as whales and long-term holders have been dumping XRP tokens onto exchanges.
Over the last 60 minutes, XRP currently fluctuates between $2.69 and $2.75, marking a 12.5% daily gain, with its valuation reaching $158 billion. Trading activity over 24 hours totals $6.58 billion, while intraday price swings span $2.42 to $2.77. The digital asset on Friday lingers 18.7% beneath its historic peak.
TL;DR Grayscale files for XRP and DOGE ETFs, and the SEC begins a 240-day review process. XRP's improved legal standing post-2023 court ruling may strengthen its ETF case, while DOGE faces regulatory scrutiny. Market reactions are positive, but experts caution that SEC acknowledgment does not guarantee approval.
XRP traded relatively strongly for most of the week, with bulls taking control following a lackluster performance last week.
Stellar (XLM) has recorded a significant 9% leap in price to climb past two key resistance levels. According to CoinMarketCap data, this took the price of XLM to a high of $0.3539 within the last 24 hours.
DOGE's breakout attempt signals a bullish reversal, targeting $0.33-$0.39. A rounded bottom pattern supports upward momentum, but confirmation above $0.2877 is key.
Bitcoin and ethereum have diverged in recent months, with the bitcoin price soaring as ethereum struggles
Dogecoin (DOGE) could be on the verge of a major price explosion, with CobraVanguard, a market analyst predicting a 134% surge for the popular memecoin. As Bitcoin's momentum stabilises and altcoins begin to show strength, DOGE is emerging as a key contender for a significant breakout.
XRP and Trump coin price recorded massive gains today, indicating the positive market sentiment towards the assets. The surge comes amid a positive sentiment noted in the broader crypto market with most of the top cryptocurrencies maintaining their position in the green.
Ever since the U.S. presidential election in November, XRP (XRP 9.72%) has been on an absolute rocket ship. It's now up about 400% since the election and many investors think it could hit a new all-time high in 2025.
Ripple (XRP) and Stellar (XLM) are both up strongly on Friday. Is this the start of further upside to come, and have both of these layer 1 blockchain tokens found a bottom after the recent crypto downtrend?
XRP's breakout from descending resistance suggests the start of a new impulsive wave, targeting $3.31-$3.59. RSI overbought conditions signal a possible short-term pullback, with key support at $2.54-$2.67.
Ripple chief executive officer Brad Garlinghouse has published a tweet about an “action-packed day” he had in Washington DC on Thursday, attending the meetings of U.S. lawmakers and discussing the potential creation of clear rules for regulating cryptocurrency assets in the U.S. in the near future.
Grayscale's push for a spot Dogecoin ETF takes a step forward as the SEC acknowledges its filing. Could this signal a major shift for DOGE?
The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments' 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agency's confirmation—disclosed by Bloomberg ETF analyst James Seyffart on 14th February—signals the start of the formal review process that could ultimately decide whether the product is cleared for public listing.
The SEC, previously dismissive of similar proposals, appears more open under the current administration.
More cryptocurrencies may soon follow Bitcoin (BTC) and Ethereum (ETH) in receiving their spot exchange-traded funds (ETFs), as SEC reveals new updates on crypto ETF filings.
XRP price reached $2.74 amid increased trading volume, institutional adoption, and regulatory developments, including SEC acknowledgment of Grayscale's XRP Trust filing.
Last year, mainstream cryptocurrencies such as Bitcoin and Ethereum generated returns far superior to those seen in the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC). One of the main catalysts for these cryptocurrencies in 2024 was the presidential election.
Bitcoin (BTC) rebounded after dropping to a low of $95,346 late on Thursday to reclaim $97,000. However, price action remains sluggish, and market sentiment is mixed.
BNB and TRX are among the few witnessing some losses in the last 24 hours.
The price of popular cryptocurrency XRP saw exceptional performance during today's trading session, as the quotes of the $160 billion asset suddenly soared by 7.5%. Following this sudden act of price appreciation, XRP saw its quotes reach a two-week high of $2.75.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) There are good signs that Ethereum may have bottomed here and a reversal is just beginning after a difficult start in February.
Ripple's XRP is making headlines after the SEC acknowledged Grayscale's proposal to convert its XRP Trust into an ETF. While this doesn't mean approval is guaranteed, it's a major step forward, especially under the new SEC leadership.
What could a serious cryptocurrency like XRP (XRP 11.19%) have in common with silly meme coins like Dogecoin (DOGE 4.82%) and Shiba Inu (SHIB 1.69%)? As it turns out, there's one type of catalyst that all three coins are exposed to.
Altcoins made waves as BTC held steady despite continued outflows from spot ETFs.
The US SEC acknowledged the 19b-4 filing of Grayscale XRP Trust, which increased the odds of the agency approving a spot XRP ETF in the near future.