XRP depository receipts (DRs) will soon be available for purchase by accredited investors through Receipts Depositary and DWP Advisors, according to reports from Fox Business. This new financial product offers a regulated way for investors to gain exposure to XRP without purchasing the cryptocurrency directly from exchanges.

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.

Investment giant VanEck has projected Solana (SOL) could hit $520 by the end of 2025, marking a 165% increase from its current price of $195.5. The firms autoregressive model estimates Solanas market cap will soar to $250 billion, based on 486 million circulating tokens.

Ripple's XRP has had a rough start to February, losing over 23% in the past seven days and slipping below $2.40. Just last week, XRP was trading above $3, but a sudden market downturn has pushed prices lower, raising concerns among traders.

Top U.S. lawmakers have pledged to pass crypto legislation, marking an unprecedented shift toward regulatory clarity. Ripple calls it “100% a big deal” amid industry optimism. Ripple Says ‘100% a Big Deal'—Congress Makes Historic Move for Crypto Clarity U.S.

Bitcoin's attempt and subsequent failure to reach $100K has made it clear that the market will continue to be volatile. Most heartbreaking of the losses is Solana's failure to maintain support above the $200 level, which is due to the 2.52% drop it has experienced within the last 24 hours.

Solana (SOL) price has seen strong corrections over the past week, dropping 17% and falling below the $100 billion market cap. The Ichimoku Cloud chart indicates that bearish momentum remains dominant, with SOL trading below key trend indicators and reflecting downside pressure.

The digital asset industry is transforming global financial services, with institutional crypto custody emerging as a high-growth sector. According to Ripple's latest insights, the custody services market is projected to grow from $41 billion in 2023 to over $100 billion by 2033.

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.

As its price continues to struggle due to waning momentum, Shiba Inu is on the verge of a significant bearish signal. The asset has been steadily declining in value for a few weeks, and a death cross is about to form, which could signal a more serious decline.

Cardano (ADA) has been navigating a volatile market alongside Solana (SOL). As both cryptocurrencies face significant price fluctuations, traders are increasingly turning their attention to an emerging altcoin, priced below $1. The new altcoin, which leverages the power of artificial intelligence (AI), is poised for a remarkable 55,000% surge by March.

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.

XRP price has dropped 22% in the past week, with technical indicators showing both bearish pressure and signs of potential stabilization. The RSI remains neutral after a sharp rebound from oversold levels earlier this month, while the number of whales has stabilized after a brief surge.

This comes following the successes of Bitcoin and Ethereum ETFs in the last year.

The Ripple vs. SEC lawsuit has taken an interesting turn.

The crypto market continued to swoon this week following a collapse in values last weekend. It all started with tariffs announced last Saturday, which seems like a year ago at this point.

The Barstool Sports founder is in the trenches with Solana meme coin degens, and just milked them for close to $70K in profit in two trades.

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Digital securities firm Receipts Depo (RDC) is on track to launch XRP Depository Receipts (DR) in the United States. The offering is designed for accredited investors and backed by DWP Advisors.

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%.

Receipts Depositary Corp. already offers bitcoin and ether-backed securities and is now looking to expand its product suite by adding XRP.

Cryptocurrencies on Feb.7, 2025, traded largely mixed. While several altcoins, including Flare (FLR) and Ripple (XRP), gained, recent outperformers such as Pudgy Penguins (PENGU), Bittensor (TAO) and Hyperliquid (HYPE) struggled with downside pressure. Bitcoin's retest of the $100k level was brief as the price retreated to below $98k.

Amidst the current positive mood in the market, a noteworthy event has sparked discussion and expectation: the potential for an exchange-traded fund (ETF) backed by Ripple's XRP to enter the fray.

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.

The SEC acknowledged an application for a spot Solana ETF on Thursday, signaling that the agency's framework for crypto products may shift.

XRP has shown resilience amid the market's volatility and uncertainty, standing strong as it rebounds from recent lows. The price is now over 33% up from Monday's low, signaling renewed momentum and a potential push toward higher levels.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

Ever since the institutions have gauged the success of the spot Bitcoin & Ethereum ETF, they have intensified their search for other potential ETFs. While Solana has strengthened its base with zero network outrage in the past 12 months, XRP has proved to be a sleeping giant after the remarkable bull run.

Regulatory hurdles and legal challenges may slow Solana ETF progress, but institutional interest could pressure a shift in SEC policies. The post Polymarket forecasts slim 35% chance of Solana ETF approval before July 31 appeared first on Crypto Briefing.

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%!

Ethereum (ETH) rival Solana (SOL) could skyrocket to $520 by the end of 2025, according to analysts at the asset management firm VanEck. With SOL trading at $191.43 at time of writing, that would represent an increase of more than 171%.

Bitcoin and most altcoins pulled back this week, while the crypto fear and greed index slipped into the fear zone. Ethereum (ETH) dropped to a low of $2,100, down by over 47% from its highest level this year.

XRP continues to consolidate above the crucial $2 support level, even as Bitcoin (BTC) struggles to find direction.

Asset manager Vaneck projects solana (SOL) will reach $520 by the end of 2025, driven by its growing dominance in the smart contract platform market, despite the cryptocurrency's recent 15.8% seven-day decline. Vaneck Analysts—Solana Price Could Soar Over 160% by 2025 as M2 Growth Fuels Crypto Rally Solana (SOL) traded at $198.

XRP declined 7% since Monday, during a big week for crypto. President Donald Trump's crypto czar David Sacks held a press conference and called it “a golden age in digital assets.

Both Solana and XRP have growing ETF applications, regulatory challenges and a fight for institutional acceptance. Who has the edge?

Bitcoin and Ethereum ETF issuer VanEck is bullish on Solana due in part to growing popularity, which has come amid increased stability.

The potential approval of an XRP ETF is looking more likely, which is bullish for the XRP price. Although XR hasn't reacted positively to the recent ETF news, this fund could contribute to the projected rallies for the crypto.

The CFTC's pilot program could set a precedent for regulatory frameworks, potentially boosting innovation and clarity in digital asset markets. The post CFTC to host CEO Forum on stablecoins and collateral with key industry players, including Ripple, Coinbase appeared first on Crypto Briefing.

The SEC officially acknowledges Grayscale's Solana ETF proposal, opening it for public feedback. This marks the first time a Solana ETF filing has been recognized, signaling a possible shift in regulatory stance. With analysts assessing its impact, the ETF's approval process could shape the future of Solana investments. The post SEC Acknowledges Amendment for Grayscale Spot Solana ETF Application appeared first on Cryptonews.

Cryptocurrencies moved higher today after a somewhat perplexing jobs report this morning that ultimately led to a slight increase in Treasury yields. Bitcoin, the world's largest cryptocurrency, hovered around $98,400.

Cryptocurrencies displayed bearishness today as Bitcoin hovered around the $97,000 region. With most tokens trading in the red, Flare's impressive performance over the past day attracted the attention of crypto enthusiasts. FLR jumped from its 24-hour low of $0.01916 to a $0.02299 peak – a 19.99% gain.

Bitcoin and XRP surged, but then dropped on news that the U.S. job market's growth cooled in the month of January.

The push for XRP exchange-traded funds (ETFs) is gaining significant momentum, as asset managers move forward with their applications, bringing the prospect of these investment products closer to reality.

XRP (CRYPO: XRP) is accelerating in the spot ETF race, with multiple filings submitted to the SEC. Cryptocurrency Price 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.53 +6.0% -20% Bitcoin (CRYPTO: BTC) $98,624 +1.4% -5.6% Ethereum (CRYPTO: ETH) $2,747 +0.5% -18% Community News: Fox Business reporter Eleanor Terrett reported the Cboe Exchange having filed 19b-4s on behalf of BitwiseInvest and CanaryFunds to list and trade their spot XRP ETFs.

Another day, another batch of fresh tokens making their way onto Coinbase's roadmap. This time, the U.S.-based exchange has added three new cryptocurrencies to the mix: Morpho (MORPHO), Pudgy Penguins (PENGU) and Popcat (POPCAT).

The U.S. Securities and Exchange Commission (SEC) has made a significant shift in its approach to cryptocurrency enforcement by moving one of its top litigators to an IT department role. This change comes amid broader speculations regarding the future of the ongoing legal battle between the SEC and Ripple Labs, the company behind the cryptocurrency XRP.