Blockchain payments firm Ripple is announcing its planned acquisition of global prime broker Hidden Road for $1.25 billion, marking one of the largest transactions in cryptocurrency history.

Standard Chartered has initiated coverage of XRP with a sharply bullish outlook, predicting the digital asset could climb to $12.50 before the end of President Donald Trump's current term.

Cryptocurrency markets are down on Tuesday, amid the White House announcing a 104% tariff on Chinese goods, further intensifying fears of a global trade war. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $76,817.60 -2.1% Ethereum (CRYPTO: ETH) $1,465.08 -5.6% Solana (CRYPTO: SOL) $105.02 -0.9% XRP (CRYPTO: XRP) $1.83 -3.3% Dogecoin (CRYPTO: DOGE) $0.1441 -2% Shiba Inu (CRYPTO: SHIB) $0.00001073 -5.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 75.8% and daily active addresses growing by 16.2%.

PumpSwap is growing its share of Solana DEX activity, but has not taken the turf of Raydium. Pump.fun brought back creators, with over 9,800 wallets creating tokens.

Ripple's XRP is making waves once again following recent legal victories and technological advancements in the crypto space. British multinational bank Standard Chartered now predicts that XRP could hit $12.50 by the end of 2028, in what could be a historic run for the digital asset.

Mutuum Finance (MUTM) has set the crypto market ablaze, smashing through $6.4 million in presale funding with Phase 4 steaming ahead towards its next price jump. Mutuum Finance is off to a good start; since the launch of presale, 392 million tokens have been purchased by more than 8,100 investors.

The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has officially come to an end, as confirmed by Ripple CEO Brad Garlinghouse just a few days ago.

Crypto analyst Joao, who correctly predicted the XRP price crash, has revealed the altcoin's next targets. Based on his latest prediction, more pain could lie ahead for XRP, which could still drop below $1.

Standard Chartered said on Tuesday that XRP could reach $5.50 before the end of 2025, and push up to $12.50 before Donald Trump leaves office in 2029, according to a report that launched the bank's coverage of the token. The forecast included multiple benchmarks: $8 by the end of 2026, $10.

XRP is trading at critical levels after dropping below the $2 mark on Sunday, following a wave of panic selling across the crypto market. The move came as global financial markets reacted sharply to aggressive new U.S. tariffs, escalating trade tensions and sending risk assets tumbling.

As XRP breaks out of a bearish pattern, can the altcoin decline by 35% to reach $1.20?

On Tuesday, XRP is currently priced at $1.86 to $1.90, with a total market capitalization of $110.90 billion and a 24-hour global trading volume of $5.579 billion. The cryptocurrency's intraday trading range has fluctuated between $1.83 and $1.97, positioning it 43.9% below its all-time high of $3.40.

XRP's potential rise could reshape the crypto landscape, challenging Ethereum's dominance and influencing regulatory and investment trends. The post XRP could rocket over 500% and outrank Ethereum by 2028: Standard Chartered appeared first on Crypto Briefing.

XRP investors are still in the red for the year, as the popular coin crashed by over 40% from its highest level in January. This XRP price crash has erased some of the coin's gains in November of last year.

The blockchain technology firm's acquisition of the prime brokerage marks one of the most highly valued deals in its industry.

In just one hour, XRP futures had a liquidation imbalance that would stand out even in more volatile conditions: an 8,909% difference between liquidated long positions and shorts.

Crypto Market Outlook: Bears Maintain Control as Key Levels Come Under Fire

The crypto market is bullish today, as traders looking to buy the dip after the April 7 bloodbath caused by macroeconomic fears. As most altcoins edge higher today, several economic events happening this week including the release of FOMC minutes for the March meeting and possible emergency fed rate cuts have fuelled optimism that the

Most of the cryptocurrencies are again in the green zone, according to CoinStats.

XRP (CRYPTO: XRP) surged more than 11% Tuesday to trade at $1.95, clawing back losses from Monday's tariff-driven sell-off as optimism over potential U.S. trade negotiations lifted sentiment across risk assets. The rally also comes as Teucrium Investment Advisors launched the first-ever leveraged XRP ETF on the NYSE Arca exchange, giving investors 2x daily exposure to the token's price moves.

Ripple's $1.25 billion acquisition of prime broker Hidden Road is a “defining moment” for the blockchain payments company, potentially unlocking more use cases for the XRP Ledger among institutions, said David Schwartz, Ripple's chief technology officer. “Ripple's acquisition of Hidden Road is a defining moment for the XRP Ledger and XRP,” Schwartz said on social media on April 8.

Welcome to the US Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

TL;DR Ripple acquired institutional broker Hidden Road for $1.25 billion, marking one of the largest deals in the crypto sector. The purchase aims to integrate the RLUSD stablecoin as collateral in traditional markets and migrate operations to the XRP Ledger.

While the crypto community has long gotten used to waves of speculation about who might be behind the Satoshi Nakamoto name, a recent legal move by lawyer James Murphy — known to many online as MetaLawMan — has once again nudged the conversation in unexpected directions, including toward Ripple Chief Technology Officer David Schwartz.

Ripple is set to acquire global prime brokerage platform Hidden Road for $1.25 billion. According to an April 8 statement, this acquisition makes Ripple the first crypto-native firm to own and operate a multi-asset prime broker with an established institutional network.

After a staggering $300 billion wipeout in the cryptocurrency market over the course of the weekend, the broader crypto sentiment has seemingly shifted.

The XRP price has formed a giant doji candlestick pattern, pointing to a potential relief rally after some positive Ripple news. Ripple (XRP) retested the important resistance level at $2, up about 20% from the lowest level this week.

Ethereum hits a 2-year low while Bitcoin and XRP hover at key support zones. Will crypto bulls defend or fold this week?

Ever since it launched in 2009, Bitcoin (BTC 1.43%) has stood alone as the world's most valuable cryptocurrency. More than 15 years later, it still accounts for a whopping 60% of the value of the cryptocurrency market.

"By the end of 2028 we see XRP's market cap overtaking Ethereum's," said Standard Chartered's Geoffrey Kendrick in an email to The Block.

Ripple, the blockchain firm behind XRP (CRYPTO: XRP), has signed an agreement to acquire prime brokerage firm Hidden Road in a deal valued at $1.25 billion. The acquisition represents Ripple's most significant move yet to expand its offerings for institutional clients, according to CEO Brad Garlinghouse.

Ripple has announced a $1.25 billion acquisition of crypto prime broker Hidden Road, aiming to scale institutional offerings and integrate its blockchain ecosystem. The deal includes capital infusion, use of Ripple's RLUSD stablecoin, and settlement via the XRP Ledger.

The crypto market rose modestly on Tuesday, a sign that investors were buying the dip following the recent crash. Bitcoin price rose to $79,000, up from this week's low of $74,500.

Ripple is acquiring multi-asset prime broker Hidden Road for $1.25 billion, enabling it to serve over 300 institutional clients, integrate its RLUSD stablecoin for collateral, and migrate operations to XRPL.  The post Ripple Agrees to Acquire Prime Broker Hidden Road for $1.25B appeared first on Cryptonews.

The crypto landscape, shaken by adverse winds in recent weeks, is finally showing signs of resilience. As Bitcoin grazed $75,000 before bouncing back toward $80,000, altcoins like XRP and Dogecoin recorded gains of 10%, giving the market a breath of fresh air.

Ripple Labs has announced a major acquisition to shock the market out of an otherwise dreadful week. Taking to X (formerly Twitter), the crypto firm announced that it has acquired Hidden Road, a brokerage, clearing, and financing firm as it moves forward in its mission to become the leader for institutional investors moving into the digital assets space.

Announced the acquisition of the broker Hidden Road by Ripple for 1.25 billion dollars, marking a crucial moment for the future of digital finance and consolidating the role of digital assets in the global institutional landscape. Ripple, one of the leading providers of digital infrastructure for the financial world, has announced the acquisition of Hidden Road, a rapidly growing global prime broker, for the sum of 1.25 billion dollars.

Slated to go live today, the 2X Long Daily XRP ETF aims to give investors double the daily performance of XRP. This opens the door for more exposure to one of crypto's biggest names.

Teucrium Investment Advisors LLC is set to launch the first-ever XRP-based exchange-traded fund (ETF) in the U.S. on April 8.

Ripple said on Tuesday it will acquire prime brokerage firm Hidden Road for $1.25 billion, marking one of the largest deals in the digital assets industry as the company deepens its push into institutional finance. The acquisition will see Ripple become the first cryptocurrency company to own and operate a global, multi-asset prime broker.

Popular cryptocurrency XRP is going through some major trading action as it faces the second consecutive test of its 200-day moving average on the daily time frame. The key support level, marked by the fat red line on the chart below, is proving pivotal for the asset's ability to hold above.

Ripple today announced the acquisition of Hidden Road for $1.25 billion, one of the largest deals in the digital asset industry. Ripple's acquisition makes it the first cryptocurrency company to own and operate a global, multi-asset prime broker.

Ripple is acquiring Hidden Road in a $1.25 billion deal, marking the second billion-dollar-plus acquisition involving a crypto company this year—following FTX's $1 billion purchase of BlockFi. Ripple (XRP) is acquiring prime brokerage firm Hidden Road for $1.

Will the first U.S XRP ETF boost the altcoin's weak market sentiment?

XRP has faced a challenging decline over the last 48 hours, falling below the $2.00 support level.

Ripple CEO Brad Garlinghouse claims that the crypto industry is "at an inflection point for the next phase of digital asset adoption."

The crypto market bounced back after a volatile Monday, with Bitcoin (BTC) and other cryptocurrencies registering substantial increases after starting the week in freefall. BTC is up over 6% over the past 24 hours, with the flagship cryptocurrency looking to reclaim $80,000.

Long also spoke about the company's most recent deal from today.