"Keep an eye out for the latest updates, and stay vigilant against scams," Ripple's team advised.
Bitwise spot XRP ETF has been proposed with Delaware's Division of Corporations, despite no U.S. approval for XRP ETFs yet.
In a groundbreaking move, cryptocurrency index fund manager Bitwise Asset Management filed for an XRP (CRYPTO: XRP) exchange-traded fund (ETF), a first for the U.S. market. What Happened: Bitwise submitted the ETF filing on Monday to Delaware's Department of State's Division of Corporations.
XRP price has once again rallied past the $0.62 mark today, after witnessing a decline to below the $0.59 level recently. Notably, the surge in the price came in as Bitwise filed for a Spot XRP ETF, which has sparked widespread discussions in the market.
SEC's potential appeal could significantly delay regulatory clarity for XRP and impact the broader crypto ETF landscape. The post Bitwise's XRP ETF bid likely to fail if SEC appeals Ripple case on Oct. 7 : Galaxy Digital Head of Research appeared first on Crypto Briefing.
Bloomberg analyst Eric Balchunas has hinted that a potential Donald Trump victory in the upcoming U.S. presidential election could influence the fate of XRP and Solana ETFs. This comment follows Bitwise's recent steps toward creating an XRP ETF by registering a trust entity in Delaware.
XRP market sentiment demonstrates bullish optimism but market data signals a decline in both bullish and bearish volumes.
Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse's positive outlook on the future of XRP ETFs.
The price of the native token of the XRP Ledger, XRP, is up more than 11% over the past month after whales accumulated more than 470 million tokens in just 10 days in a buying spree that came shortly after Grayscale Investments announced the launch of its Grayscale XRP trust.
Crypto native asset manager Bitwise is moving toward creating an exchange-traded fund tracking XRP, the token closely associated with crypto company Ripple.
As Ripple approaches a resolution in its ongoing legal dispute with the US Securities and Exchange Commission (SEC), crypto asset manager Bitwise Invest has taken a significant step by filing the first application for an spot XRP ETF in Delaware.
Asset manager Bitwise filed for an XRP exchange-traded fund (ETF) on Sept. 30 with Delaware's Division of Corporations.
XRP whale movements and market activity suggest an imminent breakout, with bullish sentiment prevailing.
XRP is back in the limelight once again, catching a rising tide of bullish vibes in the cryptocurrency marketplace. The token went steadily up last week but managed to make an even bigger leap over the weekend.
Crypto index fund manager Bitwise has filed for a spot exchange-traded fund that would give investors exposure to the token XRP.
Bitwise aims to launch an XRP ETF, confirming to Decrypt that the filing with the state of Delaware is legitimate.
The price of XRP fell by 5% today following Ripple's release of 1 billion XRP coins from its escrow wallet. The significant unlocking of these coins has raised concerns among investors, particularly in light of XRP's recent price movements and overall market conditions.
Asset manager Bitwise has reportedly filed a spot exchange-traded fund for Ripple (XRP), the seventh-largest crypto by market cap. Bitwise's XRP ETF application was filed on Sept.
Wealth manager Bitwise has registered a Delaware Trust for a fund that would track Ripple's native cryptocurrency, XRP.
The crypto-focused asset manager filed the exchange-traded fund application in the state of Delaware.
Bitwise's XRP ETF filing could signal further integration of digital assets into traditional finance, despite potential regulatory hurdles. The post BREAKING: Bitwise files for XRP ETF via Delaware trust appeared first on Crypto Briefing.
Bitwise, the leading crypto index fund manager, has filed for an XRP exchange-traded fund in the state of Delaware, according to Fox Business reporter Eleanor Terrett.
A well-known crypto analyst has doubled down on their ultra-bullish forecast for Ripple's cross-border payments token, XRP. Javon Marks has once again predicted that XRP's price will skyrocket to the coveted $200 zone, representing an over 3,000% growth from its current price point.
Ripple Labs, the San Francisco-based payment technology company, has unlocked 1 billion XRP tokens from its escrow. Valued at approximately $621.78 million, this action has been executed in three separate transactions, raising questions about its implications for the broader market and the future of XRP.
XRP tests a crucial supply level after days of choppy price action, showing signs of strength as it prepares for a potential breakout. The price has surged approximately 13% since Friday, putting it within striking distance of the key psychological level at $0.65.
As Ripple braces for a crucial SEC decision, will XRP price manage to maintain its $0.60 support level, or are further drops on the horizon?
Ripple's recent regulatory approval in Dubai brings the company closer to establishing its presence in the Middle East's growing crypto market.
With recent moves, XRP price is again on investors' radar, and many are drawing parallels with the virtual monster rally of 2017-2018 when the value of XRP surged as high as 57,000%. Could we be at the threshold of another great upsurge?
The Dubai Financial Services Authority (DFSA) has granted in-principle approval to Ripple (CRYPTO: XRP) to offer blockchain-enabled payment services from the Dubai International Financial Centre (DIFC). What Happened: This regulatory decision allows Ripple to introduce its cross-border payment services, including Ripple Payments Direct (RPD), to customers in the United Arab Emirates (UAE).
After experiencing sluggish growth for a couple of years due to Ripple's legal battle with the United States Securities and Exchange Commission (SEC), XRP has found its right footing thanks to a soaring trading volume.
Ripple CEO Brad Garlinghouse recently commented on the company's latest regulatory milestone in the Middle East.
The U.S. Securities and Exchange Commission (SEC) has only a few days left to appeal the recent ruling in the Ripple case, with the deadline set for October 7th. A previous court decision declared that secondary sales of XRP were not considered securities, a significant win for Ripple.
The overall cryptocurrency market is once again gaining momentum. Amid this, Ripple has locked 800 million XRP tokens in escrow. This substantial locking of XRP occurred in three different transactions, as reported by the blockchain transaction tracker, Whale Alert.
Deep-pocketed investors have been busy accumulating massive amounts of XRP since September 20th, according to a popular crypto analyst. Ali Martinez tells his 72,900 followers on the social media platform X that crypto whales bought $286.7 million worth of XRP, the token used to operate Ripple Labs' payments platform, within 10 days.
Ripple's chief legal counsel Stuart Alderoty has reacted to Ripple's recent win, this time in crypto regulation.
RippleX, the development arm of Ripple cryptocurrency juggernaut, is teasing a new XRPLGrants AI Fund that will support new projects seeking to make a breakthrough in the areas of artificial intelligence and blockchain.
Ripple became the first blockchain-enabled payment services provider licensed by the DFSA.
The Ripple ecosystem is seeing an impressive trend, with XRP in the spotlight. Per data from CoinGlass, XRP Open Interest (OI) has jumped to 1.55 billion XRP, the equivalent of approximately $1 billion as of the current market trend.
Popular market analyst EGRAG has made headlines with his bold forecasts for XRP, suggesting that the cryptocurrency could see significant price increases thanks to a critical support level he refers to as the “Hestia Line.” According to EGRAG, this line may provide the foundation for XRP to ascend to either $17 or even $27, capturing the attention of traders and investors alike.
RippleX, the development arm of Ripple, has recently unveiled new groundbreaking updates to the XRP Ledger (XRPL). These updates are set to revolutionize transactions on the XRPL, making it more efficient, secure and adaptable.
The XRP price has struggled for the last three years, staying down even when Bitcoin and other altcoins rallied to possible new all-time highs. However, even through this, the XRP community has remained steadfast in their belief that the altcoin's price will reach new peaks.
Ripple has received in-principle financial services license approval from the Dubai Financial Services Authority (DFSA).
It is the first financial services company on blockchain to receive the license from the DFSA.
This is a big win for Ripple as it continues to expand its global reach, making waves in the world of digital payments. Dubai, a key financial hub, is one of the latest places to recognize Ripple's technology.
With the U.S. financial watchdog, the SEC, getting close to the Oct. 7 deadline to appeal the recent Ripple ruling, XRP holders are looking forward to seeing what the agency does next. The verdict, which said that secondary XRP sales are not securities, was first seen as a big legal win for Ripple.
Ripple has secured in-principle approval from the Dubai Financial Services Authority (DFSA), marking a significant step in its efforts to boost financial services innovation in the United Arab Emirates (UAE), according to an Oct. 1 statement.
XRP has recently gained attention in the crypto community, with analysts predicting a significant price surge in the near future. One notable market observer, known as Crypto Wizard, has forecasted what he describes as a “turbo candle” for XRP, suggesting that the digital asset could soon witness a substantial price increase.