The asset management titan Franklin Templeton hopes to launch an exchange-traded fund (ETF) that will track the price of the fourth-largest cryptocurrency by market cap. On Tuesday, the financial services firm with $1.5 trillion in assets under management (AUM) submitted an S-1 registration to the U.S.
Popular XRP advocate and author of “3 Steps to Quantum Wealth” Linda P. Jones believes that institutions will expand their crypto investments beyond Bitcoin and Ethereum to include XRP ETFs.
According to Charles Gasparino, senior correspondent at Fox Business, the U.S. Securities and Exchange Commission (SEC) is currently trying to determine whether or not the XRP token can be classified as a commodity.
Crypto experts weighed in on Bitcoin‘s (CRYPTO: BTC) price drop below $80,000 on Thursday, predicting potential price bottoms for major cryptocurrencies amid ongoing economic uncertainty. Michal Pospieszalski of SwissFortress told Benzinga that Bitcoin could find a floor between $60,000 and $65,000 if it falls below $70,000, while Meg Lister of Gitcoin Labs cautioned that pinpointing a bottom remains challenging and could extend into the coming months, depending on U.S. economic policy shifts.
Cardano has declined in recent weeks. Now, key support levels and on-chain metrics highlight what's to come next.
Crypto analyst Egrag Crypto has explained why an XRP price rally to $10 in this cycle is reasonable. The analyst alluded to historical performances and bullish fundamentals to drive home his point that this price target this year.
Reclassifying XRP as a commodity could reshape regulatory frameworks, influencing future crypto asset classifications and market dynamics. The post SEC considers classifying XRP as commodity in settlement talks with Ripple appeared first on Crypto Briefing.
Ripple, a leading provider of enterprise blockchain and crypto solutions, announced Thursday that it had bagged full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE).
The SEC believes ether trades as a commodity, Fox Business reports, and the agency is trying to determine if it can make that case with XRP.
Dubai has officially approved Ripple for regulated crypto services, allowing the blockchain payments company to operate within the Dubai International Financial Centre (DIFC).
The price of XRP has fallen above the critical support level of $2.00.
A popular meme coin has shown signs of recovery as it entered bullish territory with analysts showing optimism for the future of the crypto in the upcoming months. Analysts predict that Dogecoin's current momentum will push it to a possible 318% rally, giving their insights on what is driving this move upward.
The U.S. Securities and Exchange Commission (SEC) says it needs additional time to decide on the crypto investment manager Grayscale's proposal to launch an XRP exchange-traded fund (ETF).
Top meme coins are bouncing as the broader market chops. Dogecoin is roughly flat, but Popcat and others are rising on Robinhood listings.
The price of the third largest cryptocurrency, XRP, is showing some pretty positive action today, rising nearly 4% over the course of the trading session. Considering that this comes amid Bitcoin's rejection of the 200-day moving average and the price of the major cryptocurrency losing as much as 2.5%, the strength in XRP and increased buying activity is evident.
TL;DR Ripple has obtained a license to operate in the Dubai International Financial Centre (DIFC), making it the first blockchain-based payment company to receive authorization from the Dubai Financial Services Authority (DFSA).
Shiba Inu (SHIB) whales are waking up again, as showcased by the significant on-chain activities. In the last 24 hours, SHIB whales have engaged in large transactions, which have jumped by 67%.
Bitcoin, Ethereum, and XRP maintain their gains after a highly volatile session driven by the latest U.S. CPI report. The inflation data showed a slight decline, fueling expectations that the Federal Reserve may pivot sooner than expected.
Cardano (ADA), the eighth largest cryptocurrency by market capitalization, has seen $748,068,693 in open interest within the past 24 hours, according to data from CoinGlass.
It is not every day that 200 million XRP - that is about $457.39 million - disappears from a Ripple wallet and mysteriously reappears somewhere. But that is exactly what happened today, when Whale Alert spotted it and sent the crypto community into a whirlwind of speculation, questions and theories.
The competition for an XRP exchange-traded fund (ETF) is heating up as Franklin Templeton, a major Wall Street firm managing about $1.5 trillion in assets, moves forward with its application.
Dogecoin (DOGE) has surged 5.26% today, fuelled by a spike in trading volume to $1.5 billion—a sign that whales may be accumulating at lower levels. The post Dogecoin Surges 6% on $1.5 Billion Volume – Did Whales Just Buy the Bottom? appeared first on Cryptonews.
The cryptocurrency space is whizzing with opportunities, and Ripple (XRP) and Solana (SOL) have been frontrunners in capturing investor interest. Both tokens have carved out their places as reliable assets with strong use cases. But while these projects shine in their own right, a new player is positioning itself as the ultimate game-changer.
Franklin Templeton has filed to launch an exchange-traded fund based on Ripple's XRP, joining Bitwise, Canary Capital, and others in the XRP ETF race. Franklin Templeton has filed to launch Ripple (XRP) ETFs, tracking its spot price minus fees.
An address associated with Ripple Labs has transferred $457 million XRP to an unknown wallet in a potential market-shifting move. While the movement has piqued the curiosity of analysts, there is speculation that it is connected to an SEC settlement.
The cryptocurrency market is showing signs of recovery, with Bitcoin trading above $83,000. As Ethereum's value plummets by 60%, Solana rivals are gaining attention.
Cardano (CRYPTO: ADA) has plunged 23% over the past week following the decision to not include it in the strategic crypto reserve. What Happened: President Trump's announcement on March 2 of Cardano being included in a crypto strategic reserve triggered a 58% price surge.
In a possible turning point for the XRP lawsuit, Fox Business journalist Eleanor Terrett reported on Wednesday that the US Securities and Exchange Commission (SEC) and Ripple might soon reach an agreement. “Two well-placed sources tell me that the SEC vs.
According to data from Shibburn, only 1,813,008 SHIB tokens were burned in the past 24 hours. Despite the relatively small amount, the daily burn rate has surged by a surprising 112%.
TL;DR Franklin Templeton seeks to expand its crypto offerings with the filing of an XRP-based ETF, reflecting the growing institutional interest in digital assets beyond Bitcoin and Ethereum. The XRP ETF will be listed on the CBOE BZX Exchange and will have Coinbase Custody as the asset custodian, providing greater accessibility for traditional investors.
The long-running legal battle between Ripple and the SEC may finally be reaching its end—but not in the way many expected. While both sides have fought for years, a recent discussion among legal experts suggests that a quiet settlement may already be in place, keeping the details hidden from public view.
The long-running legal tussle between Ripple and the US Securities and Exchange Commission (SEC) is dragging into overtime. The case is reportedly getting into a last-minute fight as both parties should be deciding over the terms.
The crypto market is eagerly awaiting next week's FOMC meeting after CPI data revealed that inflation had fallen to 2.8%. Traders are now watching for signals and remarks by Fed committee members on interest rates, which could spike the crypto market volatility.
Pro-XRP lawyer John Deaton has stated that it's irresponsible for financial advisors to recommend zero exposure to Bitcoin given the current prices.
Extreme downward pressure is being applied to Shiba Inu as the asset finds it difficult to maintain market stability. A substantial rejection at a critical level is suggested by the recent price action, indicating that bearish sentiment is still in control.
Regulatory green light sets the stage for blockchain payment growth in the Middle East.
Dog-themed cryptocurrency Dogecoin (DOGE) shows signs of a potential trend reversal after weeks of declining. According to crypto analyst Ali, DOGE is printing a bullish reversal doji on the weekly chart, a classic candlestick pattern that often signals a shift in momentum.
The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.
Ripple (CRYPTO: XRP) on Thursday announced it has secured authorization from the Dubai Financial Services Authority (DFSA) to deliver regulated cryptocurrency payment services within the Dubai International Finance Centre (DIFC), becoming the first entity of its kind to achieve this status in the region. What Happened: The decision comes as Ripple navigates a potential resolution to its long-standing legal battle with the U.S. Securities and Exchange Commission.
Renowned crypto trader Ali Martinez has released a new update suggesting that Dogecoin could be preparing for a large price upswing. In his latest chart shared on X, Martinez draws attention to the stock RSI on the weekly timeframe.
Chinese crypto journalist that covers everything to do with the blockchain and cryptocurrency spheres, Colin Wu, has reported that the CBOE BZX exchange based in Chicago has filed a submission to the SEC on behalf of Franklin Templeton to trade its XRP exchange-traded fund.
Dogecoin (DOGE) is on the verge of confirming a death cross, a bearish technical pattern where the 50-day simple moving average (SMA) drops below the 200-day SMA. This signals weakening short-term momentum against long-term trends, potentially leading to further downside pressure.
Ripple has received approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services in the UAE. This milestone makes Ripple the first blockchain-powered payments provider licensed by the DFSA.
Ripple has secured its first regulatory approval for payment services in the Middle East from the DFSA. With this license, Ripple becomes the first blockchain-based payment provider authorized to operate within the DIFC.
The digital artwork was minted on the Tezos blockchain.
With on-chain metrics showing a 90% decline in payment volume, the recent market activity surrounding XRP has certainly been worrisome. Its short-term outlook is further clouded by the fact that this sharp decline occurs during a time of price volatility for the asset.
This marks a significant milestone in the growing trend of crypto ETFs. It could also pave the way for more traditional financial institutions to embrace digital assets.