Veteran trader Peter Brandt has spotted a bullish pattern in XRP's price chart, and it could mean big gains ahead. With recent gains in the XRP price, the XRP community has been fueled with excitement. If the pattern plays out as predicted, XRP could skyrocket to as high as $4.8.
Clawback refers to tokens that have a feature allowing the issuer to reclaim coins from user wallets under certain conditions.
Two cryptos could 10x your portfolio by May. XRP ETF speculation fuels Ripple's rise, while an AI blockchain platform disrupts the $347B trading market.
XRP Ledger AMMClawback upgrade allows AMMs to participate in liquidity pools, while maintaining regulatory compliance.
The crypto market is moving as speculators look for the next altcoin that can compete with Ripple (XRP) and Solana (SOL). One crypto that is gaining some major attention is the IntelMarkets (INTL). This is a presale star now in phase nine that has already surged 811%.
The AMMClawback amendment recently went live on the XRP Ledger, allowing the use of Ripple stablecoin RLUSD on the DEX.
Recently the news of ETFs is getting common with Dogecoin ETF, Solana ETF, and newly launched memecoin ETFs the market is getting pumped up with these latest ETF mania. Despite the Ripple vs SEC legal scoop, XRP's path to ETFs is gaining momentum as Polymarket bettors assign an 83% chance of approval by 2025.
Pro-XRP advocate John Deaton is calling for the indictment of Sam Bankman-Fried's parents following reports that they are lobbying for a pardon for their son from former President Donald Trump. Deaton insists that Joseph Bankman and Barbara Fried, the parents of the disgraced FTX co-founder, took customer funds swindled from the crypto exchange.
TL;DR Grayscale Investments has submitted a proposal to the U.S. SEC to convert its existing XRP Trust into an ETF, aiming to provide regulated exposure to XRP. The proposed Grayscale XRP ETF would simplify access to the cryptocurrency market, offering liquidity, transparency, and regulation.
Grayscale files to convert its XRP Trust into a spot ETF with NYSE. The Trust manages $16.1 million in XRP assets, tracking XRP's market price.
The XRP Ledger has activated the AMMClawback amendment. What this amendment does is that it allows issuers to recover tokens even after they are sent. Importantly, this update enables the stablecoin of Ripple, RLUSD, to be used in AMM pools. Here is how this change impacts the XRP ecosystem.
Grayscale's recent XRP ETF filing with the NYSE has triggered a wave of speculation in the crypto community. With multiple asset managers entering the ETF race for Ripple's native crypto, many are now eyeing BlackRock as the next potential player to follow suit.
XRP has remained in a consolidation phase for the past two weeks, preventing it from establishing a new all-time high (ATH).
XRP maintains position above $3.050 while forming a bullish flag pattern, with technical indicators suggesting potential for upward movement pending breakthrough of $3.150 resistance.
In a recently published tweet, David Schwartz, the chief technology officer (CTO) at Ripple has highlighted the release of the AMMClawback Amendment on the XRPL mainnet. Retweeting a post by XRPscan about this launch, Schwartz commented: “Woohoo!
Grayscale Investments has filed to convert its $16 million XRP Trust into an NYSE-listed ETF, joining five other firms awaiting approval amid rising trading volumes and potential government interest in the digital asset.
The crypto market slipped back into the red, with most cryptocurrencies trading lower. Bitcoin (BTC) is down nearly 1% over the past 24 hours, trading around $104,360.
Anthony Georgiades, founder and general partner at Innovating Capital, discussed concerns surrounding Ripple and its native token, XRP, particularly regarding the centralized aspects of the XRP Ledger. In an interview with Yahoo Finance, he explained that XRP operates on a decentralized ledger, but in practice, Ripple Labs holds major control over it.
XRP price remains volatile, holding above $3 as the crypto market trades sideways. As Ripple (XRP) consolidates, analysts note similarities between the current price action and the 2017 rally.
XRPL activates AMMClawback, allowing token issuers to reclaim assets in cases of fraud, misuse, or legal enforcement.
Grayscale Investments has submitted a proposal to the SEC to convert its XRP Trust into an ETF.
XRP has been on a strong run, breaking past key price levels and catching the attention of investors. But can it push even higher and hit $5.
XRP is exhibiting signs of weakness, and it appears more likely that it will fall below $3.00. After weeks of consolidation, the asset is finding it difficult to maintain its position, and the current price action indicates that sellers may soon seize control.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) Ethereum could not hold above $3,300, and its price fell by 4% this week.
XRP saw a 50% surge in January, outpacing Bitcoin's 13% gain and Ethereum's 4% drop.
XRP's price has remained unfazed by the developments.
The AMMClawback amendment has officially gone live on the XRP Ledger, according to XRPScan.
The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has fueled widespread speculation about a potential settlement. Recent developments suggest that the resolution of this case could be closer than expected, with some pointing to key signs indicating a possible outcome.
Earlier in January, Ripple Labs president Monica Long remarked an XRP ETF could “soon be a reality” under the new Trump administration.
XRP Ledger has successfully launched the AMMClawback amendment, introducing new policies governing its Automated Market Maker pools. The upgrade went live yesterday after attaining 91.43% validator consensus. The modifications will allow the creation of AMM pools for stablecoin RLSUD.
XRP is showing a promising structure in the short term, with the price responding well to key support levels. After a period of consolidation, the chart hints at a solid bullish setup that has been building in recent days and weeks.
XRP price started a consolidation phase from the $3.20 resistance zone. The price is now consolidating gains and might aim for more gains above the $3.20 zone.
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NYSE Arca seeks to convert Grayscale's XRP Trust into a spot ETF, with Coinbase Custody and BNY Mellon handling key roles.
Grayscale filed a 19b-4 Form with the New York Stock Exchange (NYSE) to trade its XRP Trust on Jan. 30, which equates to converting the product to an exchange-traded fund (ETF). The trust was introduced on Sept.
After a recent explosive rally, XRP has calmed down and is currently trading at $3.10. Although momentum appears to be slowing down, the asset has managed to maintain its position above important support levels.
The XRP Ledger (XRPL) has activated the AMMClawback amendment, a major update to improve the regulatory compliance of its Automated Market Maker (AMM) pools. The upgrade, which achieved 91.43% consensus from validators, ensures token issuers have control over assets deposited in liquidity pools under specific conditions.
The recent departure of former SEC Chair Gary Gensler has optimism fresh optimism in the cryptocurrency community regarding the potential approval of spot crypto exchange-traded funds (ETFs). With filings for ETFs for altcoins like XRP, Solana, and Litecoin, the future of such products now hinges on regulatory clarity.
On Jan. 30, NYSE Arca, a New York Stock Exchange subsidiary, filed the paperwork to transform Grayscale's $16.1 million XRP Trust into a spot exchange-traded fund (ETF). According to the filing, Coinbase Custody Trust Company, LLC will act as the official custodian, while BNY Mellon Asset Servicing takes charge of administration and transfer duties.
Amid the recent price decline, XRP, the native token of Ripple Labs, has formed a bullish price action pattern and is poised for a double-digit price rally. Today, January 31, 2025, the overall cryptocurrency market seems to be recovering, including Bitcoin (BTC) and Ethereum (ETH), but XRP appears to be struggling.
Grayscale filed a 19b-4 application to create an XRP ETF. The firm has been petitioning the SEC for several new ETF products in recent weeks, and it's far from alone in doing so.
Grayscale Investments has submitted a proposal to convert its XRP (CRYPTO: XRP) Trust into an exchange-traded fund at the New York Stock Exchange. The move comes as part of a broader effort by asset managers to introduce regulated investment vehicles for digital assets.
Cryptocurrency markets are rising on Thursday, fueled by positive developments in the broader market and a 25-basis point rate cut announced by the European Central Bank. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $105,646.53 +1.9% Ethereum (CRYPTO: ETH) $3,271.23 +4.4% Solana (CRYPTO: SOL) $240.29 +2.7% XRP (CRYPTO: XRP) $3.13 +1.3% Dogecoin (CRYPTO: DOGE) $0.3344 +1.2% Shiba Inu (CRYPTO: SHIB) $0.0000188 +1.8% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 27.9% and daily active addresses up by 1.3%.
Experts warn that a bitcoin-only reserve poses concentration risks and exposes the U.S. to potential volatility. Two experts urge the U.S. administration to diversify its crypto stockpile to build a resilient digital reserve and reduce systemic risks. Ripple vs. Bitcoin Maximalists The establishment of a bitcoin-only reserve poses concentration risks and exposes the U.S.
A subsidiary of the New York Stock Exchange made its move on Thursday to convert Grayscale's XRP Trust to a spot exchange-traded fund.
Crypto asset manager Grayscale Investments has filed for Spot $XRP ETF with the New York Stock Exchange (NYSE) in a move that could drive cryptocurrency adoption. Responding to a post on the X platform, some enthusiasts described the development as great news in the cryptocurrency ecosystem as a Spot ETF could provide easier access.