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.

Ethereum's price has remained under significant pressure over the past month, yet staking activity has surged.

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.

In the past few days, the overall cryptocurrency market has experienced a notable price decline. Amid this, Ethereum (ETH), the world's second-largest cryptocurrency by market cap, has reached a crucial level near $1,800 for the first time since 2023. However, investors and long-term holders view this level as an ideal buying opportunity.

Ethereum price continued its strong downward trend against the US dollar and Bitcoin as its linear weekly futures moved into backwardation. Ethereum (ETH) crashed to 0.

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 decisive update

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).

Bitcoin and Ethereum have long been the undisputed titans of the cryptocurrency world. They've set benchmarks as the standard-bearers for decentralized finance, shaping the crypto landscape as we know it. Bitcoin's role as “digital gold” and Ethereum's pioneering of smart contracts have positioned them as must-haves in every investor's portfolio.

The Cboe BZX Exchange proposed a rule change with the U.S. SEC on behalf of Invesco Galaxy seeking the approval for in-kind creation and redemption of Invesco Galaxy's Bitcoin and Ethereum ETF shares. The public has been invited to give feedback on the matter as the U.S. SEC reviews Cboe's proposed rule change.

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.

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.

Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged as low as $1,750, marking its lowest point since October 2023.

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.

A leveraged Ethereum trade on Hyperliquid resulted in a rare outcome where a whale secured profits despite being liquidated, while the platform's liquidity pool absorbed a multi-million dollar loss.

Due to Ethereum's protracted decline, there has been a lot of conjecture regarding its long-term sustainability. Nevertheless, leading analyst Chris Burniske thinks that reports of Ethereum's demise are wildly inflated despite the pessimism.

If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC.The executive warned that a decline to $1,857 would trigger $136 million in liquidations, and a price drop to $1,780 could potentially trigger an additional $117 million in loan liquidations — making these the next price levels to watch. Rusher added that the worst-case scenario would be a 20% drop in ETH's price to around the $1,500 price level, which could liquidate $336 million in DeFi loans, sending the markets tumbling.

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.

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.

Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano.

Financial markets have their own memory, and cryptocurrencies are no exception. Thus, when an asset shows alarming similarities to a past crash, analysts sound the alarm.

Pro-XRP lawyer John Deaton has stated that it's irresponsible for financial advisors to recommend zero exposure to Bitcoin given the current prices.

The whale that saddled Hyperliquid with $4M in toxic debt is back, opening a long position on Ethereum (ETH) and going short on Bitcoin (BTC).

Lazarus Group laundered $750K through Tornado Cash on March 13. New BeaverTail malware targets Solana and Exodus wallets.

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.

The Pectra upgrade, the biggest update on Ethereum since The Merge, went live on February 24 after being postponed earlier in the year.

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.

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.

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.