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news-imageFebruary 8, 2025

XRP Depository Receipts Set to Launch for Institutional Investors

XRP Depository Receipts (DRs) will soon launch, allowing accredited investors to access XRP through regulated financial products. Anchorage Digital will custody XRP DRs, ensuring compliance under the U.S. Office of the Comptroller of the Currency (OCC).
Publisher: TheNewsCrypto
Sentiment: Positive
XRP

More News Articles

Positive
cover-imageBitcoin
February 8, 2025

XRP Price Report: Is the Next XRP Super Rally About to Begin?

On Feb. 8, 2025, XRP traded at $2.41, boasting a $139 billion valuation, $7 billion in daily trade volume, and an intraday fluctuation between $2.35 and $2.53. XRP The hourly view reveals XRP oscillating between $2.30 and $2.40, crafting a series of ascending troughs that foreshadow a breakout. A hurdle at $2.

Positive
cover-imageCoinPedia
February 8, 2025

Time to Buy XRP? Expert Reveals Key Insights

XRP, Ripple Labs' native token, is garnering massive attention from crypto enthusiasts and is poised for a significant upside rally following the formation of bullish price action. In addition to this bullish outlook, today, February 8, 2025, a prominent crypto expert posted on X (formerly Twitter) that XRP appears poised for a rebound.

Neutral
cover-imageUToday
February 8, 2025

Pro-XRP Lawyer John Deaton Calls Out Bill Hinman Again, Here's Reason

John Deaton, XRP holders' lawyer in the legal battle between Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC), has called out Bill Hinman, the agency's former Director of the Division of Corporation Finance. The callout hinges on how he has continued to gaslight the XRP ruling that states that the retail trading of the coin on secondary platforms is not a security.

Neutral
cover-imageCoingape
February 8, 2025

Will Ripple CEO Resign If Appointed As Trump's Crypto Council Advisor?

Ripple CEO Brad Garlinghouse was in the spotlight this week, with recent reports indicating that he is likely to be appointed to Donald Trump's crypto advisory board. However, as the reports sparked discussions on social media platforms, many have questioned his future role in Ripple, if he accepts the crypto advisor invitation.

Neutral
cover-imageCoinPedia
February 8, 2025

XRP Price Prediction For February 8

XRP appears to be currently trapped in a range-bound market, as the price moves between key support and resistance zones. At press time, XRP is trying to break above the $2.40 level and is up by more than one percent.

Positive
cover-imageThe Currency Analytics
February 8, 2025

XRP ETF Gains Momentum as SEC Reviews Grayscale's Solana and Litecoin Funds

The push for crypto exchange-traded funds (ETFs) continues to gain ground as the Chicago Board Options Exchange (Cboe) filed a 19b-4 with the U.S. Securities and Exchange Commission (SEC) to list and trade XRP ETFs from several major asset managers. This development follows the SEC's acknowledgment of Grayscale's filings for Solana (SOL) and Litecoin (LTC) ETFs, marking an important step in the broader acceptance of digital asset investment products.

Positive
cover-imageThe Currency Analytics
February 8, 2025

XRP ETF Race Heats Up: Cboe's Bold Move Drive Investor Excitement

The competition to discoverd the first XRP Exchange-Traded Fund (ETF) in the U.S. has intensified as the Cboe BZX Exchange officially submitted 19b-4 filings to the Securities and Exchange Commission (SEC). The move, made on behalf of asset managers Bitwise, Canary Capital, 21Shares, and WisdomTree, represents a major step toward securing regulatory approval for XRP-based ETFs.

Negative
cover-imageThe Motley Fool
February 7, 2025

Why XRP (Ripple) Plummeted This Week

The crypto token XRP (XRP 2.62%) fell this week, dropping 21.2% from last Friday's close. The move down comes as the S&P 500 lost 0.2% and the Nasdaq-100 gained 0.1% in the week's trading.

Negative
cover-imageBenzinga
February 7, 2025

Bitcoin, Ethereum, XRP, Dogecoin Bleed Lower As Trump Tariff Threat Looms

Crypto markets are grinding lower on Friday, with Bitcoin reversing gains on renewed tariff fears after briefly having touched $100,000. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,769.28 -0.8% Ethereum (CRYPTO: ETH) $2,650.07 -1.7% Solana (CRYPTO: SOL) $195.91 -2.4% XRP (CRYPTO: XRP) $2.43 -5.5% Dogecoin (CRYPTO: DOGE) $0.2502 -2.4% Shiba Inu (CRYPTO: SHIB) $0.0000153 -2.5% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 12.2% and daily active addresses falling by 0.3%.

Negative
cover-imageThe Currency Analytics
February 7, 2025

XRP Price Faces Downward Pressure: What's Ahead for Ripple

XRP, the native cryptocurrency of Ripple, is currently facing significant downward pressure, continuing its bearish trend that has characterized the market over the past week. Despite XRP's strong performance in the past, recent market conditions have raised concerns about its immediate future.

Positive
cover-imageCointribune
February 7, 2025

This Event Could Soon Propel XRP To $27!

Crypto market analysts anticipate a significant increase in the price of XRP, the native cryptocurrency of Ripple, due to several ETF (exchange-traded funds) applications currently under review. These initiatives could transform the investment landscape in XRP and attract a substantial influx of institutional capital that could propel XRP up to 1500%!

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