A subsidiary of the New York Stock Exchange, on behalf of Grayscale, filed to create a spot Cardano exchange-traded fund.
On Monday, asset manager and crypto ETF issuer, Grayscale, officially filed a 19b-4 proposal with the US Securities and Exchange Commission (SEC) to launch a spot Cardano ETF.
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The cryptocurrency market continues to evolve, XRP stands on the brink of significant developments. With Bitcoin and Ethereum leading the charge in the realm of spot exchange-traded funds (ETFs), rumors are intensifying that XRP may soon follow suit.
Ripple (XRP) price price punched above the $2.40 mark on Monday February 10, buoyed by renewed market sentiment after a week of volatility from the US-China trade war. On-chain data shows an unusual increase in new XRP wallets created since the US Securities Exchange Commission (SEC) dropped all charges against Ripple in mid-January.
Cardano price is currently testing a crucial support zone between $0.67 and $0.81, a level that has previously played a vital role in determining price movements. This range has historically acted as both support and resistance, making it an important area for traders to monitor.
XRP spot ETFs just got hit with bad odds. Bloomberg ETF analysts James Seyffart and Eric Balchunas analyzed the current filings for crypto spot ETFs today and gave XRP a 65% chance of getting approved by the SEC, which is the lowest among the bunch.
The prospect of the Elon Musk-led Department of Government Efficiency (D.O.G.E.) adopting Cardano as its preferred blockchain is fueling discourse in the community.
Bloomberg analysts James Seyffart and Eric Balchunas have revealed their predictions for the Solana, XRP, Dogecoin, and Litecoin ETFs. As part of their predictions, they outlined the approval odds for each of these crypto ETFs.
The potential approval of a Litecoin ETF could accelerate mainstream adoption of crypto assets, influencing regulatory frameworks globally. The post DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts appeared first on Crypto Briefing.
Cardano (ADA) price remains in a consolidation phase after dropping more than 25% over the last 30 days as it struggles to reclaim the $25 billion market cap threshold. Despite signs of stabilization, indicators still reflect lingering bearish pressure.
The analysts estimate that Litecoin ETFs filed by Canary and Grayscale have the highest chance of approval.
The U.S. Securities and Exchange Commission could acknowledge the spot exchange-traded fund filing for XRP and Dogecoin as soon as this week. SEC's latest major move was the acknowledgement of the amended Solana (SOL) ETF application by Grayscale.
Cryptocurrency markets are trading slightly up on Monday, with speculation surrounding the odds for the approval of altcoin ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,303.56 +1.1% Ethereum (CRYPTO: ETH) $2,672.76 +1.4% Solana (CRYPTO: SOL) $202.19 +0.99% XRP (CRYPTO: XRP) $2.43 +0.9% Dogecoin (CRYPTO: DOGE) $0.2538 +1% Shiba Inu (CRYPTO: SHIB) $0.00001584 +0.99% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 0.8% and daily active addresses down by 2.5%.
Cardano (ADA) has recently shown promising signs of a potential rebound, raising interest from traders and investors alike. With key technical indicators flashing bullish signals, the cryptocurrency could be on the verge of a significant breakout.
ADA, the native token of the Cardano blockchain, seems to be weakening day by day and appears to be losing control over the crucial support level. Today, February 11, 2025, a prominent crypto expert posted on X (formerly Twitter) and shared key levels of $0.67 and $0.
Blockchain company Ripple has launched a partnership with Portuguese currency exchange provider Unicâmbio. The collaboration, announced Monday (Feb. 10), is designed to support instant cross-border payments between Portugal and Brazil through Ripple Payments, the company's digital-asset-focused cross-border payments system.
As anticipation builds for the XRP ETF launch, the crypto community is equally eager for the Ripple lawsuit settlement. While these monumental events are poised to revolutionize the crypto landscape, their arrival timeline remains shrouded in uncertainty.
Barstool Sports founder Dave Portnoy is doubling down on his commitment to the meme coin Stool Prisondente (CRYPTO: JAILSTOOL), even as traders question its future. What Happened: Portnoy, who initially invested hundreds of thousands of dollars in the token, insists he remains committed, despite the coin's struggles.
Ripple is partnering with Unicâmbio to transform cross-border payments between Portugal and Brazil. Unicâmbio, a Portuguese currency exchange provider, will use Ripple Pay to make business faster and easier.
XRP, the native token of Ripple Labs, is gaining notable attention from traders despite ongoing market uncertainty, making it appear more bullish compared to other assets. Today, February 10, 2025, the overall cryptocurrency market is showing signs of price recovery, and traders seem to be finding better opportunities in the XRP token.
XRP price plummeted alongside the broader crypto market but has maintained slight gains in the last seven days. This weekly flow remains a positive spark for retail investors to rally around the asset as sell pressure weakens.
Cardano (ADA) has been able to clamber back to the north of $0.70 at the start of the week, and following last week's sharp decline, could be setting up for a nice rebound this week.
XRP price has moved just 2% over the last seven days, struggling to sustain levels above $2.50 in recent days. Its market cap has now fallen to $140 billion, and its trading volume is up 47% in the last 24 hours, reaching $5.6 billion.
Litecoin (LTC) price shot up a staggering 9% in the past day as the cryptocurrency reclaimed the 20-day EMA.
Ripple disclosed a new partnership with Portuguese currency exchange provider Unicâmbio today. The collaboration, announced on February 10, 2025, will extend the company's crypto-enabled payments solution to Portugal for the first time—particularly aimed at facilitating more seamless transactions between Portuguese and Brazilian markets.
"A sweep at around $2.10 would be an ideal area to do some business," one analyst assumed.
Cardano price, a popular layer-1 network, remains in a bear market as the prolonged retracement that started in December continued. While ADA investors are deep in the red, one popular analyst believes that the coin is ripe for a strong bullish breakout, citing its historical performance.
As Bitcoin and Ethereum lead the charge with spot ETFs, XRP may be the next cryptocurrency to follow suit. With increasing institutional interest and a growing number of asset managers filing ETF applications, the buzz around an XRP ETF is intensifying.
Ripple continues to expand its global presence with a new strategic collaboration in Portugal and Brazil. The company has announced a partnership with Unicâmbio, one of the leading Portuguese financial institutions, to introduce an innovative crypto payment solution between Portugal and Brazil.
For anyone who purchased the token while it was trading near its multi-year center of gravity near $0.50, XRP became a major portfolio winner in late 2024. Specifically, after spending most of the bull market around the 50-cent mark, the cryptocurrency soared starting in early November and found itself at a new all-time high (ATH) near $3.31 on January 17, 2025.
ADA shows signs of a potential rebound, with a TD Sequential buy signal, a symmetrical triangle pattern, and balanced market dynamics hinting at an upcoming price breakout.
Cardano founder Charles Hoskinson spreads the word that towards the end of February he intends to meet “a very special person.” The video excerpt of that stream was shared by the Cardano-related X account @Cardanians_io.
Renowned crypto analyst EGRAG CRYPTO speculates that Ripple (XRP) may see a rise in market capitalization to roughly $300 billion; hence, its price would be between $5 and $6. Should XRP exhibit past price trends, its market capitalization may rise to $1.1 trillion, influencing the cost to reach $20.
Another week, another CoinShares report, and another billion-dollar influx into digital asset investment products. The numbers do not lie; there were $1.3 billion in inflows this time, making it five weeks straight of steady capital pouring in.
Ripple, the company behind XRP, has announced a strategic partnership with Portuguese currency exchange provider Unicâmbio. The collaboration aims to facilitate instant cross-border payments between Portugal and Brazil through Ripple's payment solution.
XRP's transaction number metrics lost around 70% from its local top, suggesting a sharp decline in activity in the last few days. The decline in metrics like that suggests an outflow of traders and investors from the network, which is the last thing you want to see amid questionable market performance.
Amid increasing anticipations on XRP exchange-traded funds (ETFs), Nasdaq has taken a bold initiative. In an astounding development, Nasdaq filed 19b-4 forms with the Securities and Exchange Commission (SEC) to introduce CoinShares' XRP ETF and Litecoin ETF.
While Ripple strengthens its global presence, it remains entangled in a legal battle with the SEC in the US. However, with Donald Trump's return to the presidency, Ripple anticipates favorable regulatory shifts and plans to hire 75% of its workforce in the US.
Cardano price gains have now dried up as the February decline has pushed ADA into the red zone. Fearing that the Cardano price will recover by April, ADA holders are joining Propichain, a real estate investing system that uses artificial intelligence to streamline investment opportunities for its users.
Ripple has been one of the large-cap coins experiencing a significant loss in value over the last couple of weeks. However, the market outlook still remains bullish for the mid-term.
SBI Holdings expands XRP rewards for shareholders as Ripple gains traction in Japan, with adoption potentially influencing XRP's price movements.
Ripple is moving deeper into Europe. This time, it is through a partnership with Portuguese currency exchange provider Unicâmbio, bringing crypto-enabled cross-border payments into Portugal.
XRP trades at $2.42, boasting a $139 billion market valuation and $4.87 billion in global daily transactions, oscillating between $2.32 and $2.45. This narrow band reflects equilibrium amid evolving market forces, with prices stabilizing after recent volatility. XRP XRP's hourly chart reveals horizontal equilibrium, bracketed by resistance at $2.45–$2.50 and support at $2.30–$2.35.
XRP traded relatively subdued on Sunday, following a week of sluggish price action.
This collaboration will introduce Ripple's crypto-enabled payment solution to Portugal. It will enable instant cross-border payments between Portugal and Brazil.
Ripple payments use the XRP Ledger, where users can send and receive different currencies, including fiat money and crypto assets, through a network of financial institutions using the XRP token.
Bitcoin (BTC) is showing signs of recovery, trading around $96,934 after a brief pullback. Market sentiment remains cautiously optimistic as BTC consolidates near crucial support levels.