Over the past day, XRP, the digital currency, has climbed more than 41% against the U.S. dollar, marking a 431% increase overall. Trading Mania: XRP's Explosive Rally Draws Global Attention Currently riding a wave of momentum, XRP is trading at $2.77 per coin as of 11:20 a.m. ET on Dec. 2.
The Ripple-linked XRP has skyrocketed over the last month, significantly outpacing other top coins like Bitcoin and Dogecoin.
In criticism of the U.S. Securities and Exchange Commission (SEC), Ripple's Chief Legal Officer Stuart Alderoty has accused the regulatory body of engaging in actions that have artificially suppressed the cryptocurrency market.
In a week full of ups and downs for digital assets, XRP stole the spotlight with a whopping $95 million in inflows, marking the highest weekly total ever recorded by CoinShares for investment products based on this popular cryptocurrency. This 621% week-over-week increase is a great example of how the token is attracting more and more attention, especially as financial market participants are talking more and more about U.S.-based ETFs on XRP.
Ripple's XRP has seemingly come to life, retaking its third position that it held for years until the Securities and Exchanges Commission (SEC) sued it in December 2020.
Digital asset investment products experienced their second-lowest weekly inflows in the past eight weeks, totaling $270 million, according to CoinShares‘ latest fund flow report. This brings the total year-to-date inflow to $37.3 billion.
XRP has skyrocketed by 420% in the past month!
Shortly after the XRP price surged by over 27% this past weekend, crypto analyst Ali Martinex highlighted the latest XRP purchases by whales: XRP's price action — up a highly 40% in the past 24-hour period — had even some prominent global macro investors, such as Raoul Pal, excited about XRP's potential to go even
The price of XRP has exploded by 18% in the past 24 hours, as traders continue to buy it up in the wake of Gary Gensler's resignation as SEC Chairman. The post XRP Overtakes Solana and Tether as Market Cap Reaches $139 Billion – Can XRP Hit $100 Next? appeared first on Cryptonews.
Raoul Pal, CEO of Real Vision, has publicly admitted that he was wrong about XRP, a cryptocurrency he had previously criticized for underperforming.
The demand for XRP among institutional investors has seen several fund managers file for spot ETF approval amid the upcoming change of the US SEC administration.
New York-based asset management firm WisdomTree has joined the training of asset managers filing for an XRP exchange-traded fund (ETF).
For weeks, XRP's price performance has been at the center of attention on the crypto market. Hitting $2.50 at the start of December and posting a staggering, almost 400%, gain since the U.S. election last month, the token has climbed into a dominant position.
A new week has started with a neutral market mood, according to CoinMarketCap.
Michael Arrington has published a tweet to comment on the mammoth growth seen by XRP as it managed to surpass the $2 price level on Sunday.
XRP, the popular cryptocurrency, has been on a stunning rally, surpassing $2.50 at the start of December 2024. This marks a staggering 368% gain since November, pushing its market capitalization to $137 billion.
Spot Bitcoin ETF issuer WisdomTree has filed a Form S-1 registration statement with the Securities and Exchange Commission (SEC) to launch a spot XRP exchange-traded fund (ETF). WisdomTree joins Bitwise, 21Shares, and Canary Capital in seeking SEC approval for spot XRP ETFs.
The Ripple price went parabolic in November, making it one of the best-performing cryptocurrencies. Ripple (XRP) surged to a high of $2.50, climbing over 400% from its monthly low.
The crypto has returned to its third position in the ranking by market capitalization.
XRP has seen an amazing 400% price surge in November 2024, making it the third-largest cryptocurrency by market value. It reached as high as $2.42 before stabilizing around $2.35.
Coinbase affiliates will serve as the prime execution agent and XRP custodian for the fund.
Litecoin could be on the verge of a significant rally, following a pattern reminiscent of XRP's recent price movements.
WisdomTree has submitted a registration to the SEC for a spot XRP exchange-traded fund.
While Solana was at the forefront of the bull run last month, holders now appear to be looking elsewhere as the SOL price faces challenges and coins like XRP continue to rally. The post Is Solana in Trouble? SOL Price Turns Red with XRP Rally – Can SOL Reach $1,000 in December? appeared first on Cryptonews.
Spot Bitcoin ETF provider WisdomTree became the fourth firm in the US to submit a Form S-1 filing for a spot XRP ETF with the SEC.
A truly remarkable rise, but not comparable to the sensational boom of 2017.
TL;DR WisdomTree has filed a Form S-1 registration statement with the U.S. SEC for a spot XRP ETF, marking its entry into the competitive field of XRP-based investment products.
WisdomTree has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) for a spot XRP ETF. The post WisdomTree Files an S-1 Registration with SEC for XRP ETF appeared first on Cryptonews.
Discover the three key scenarios to watch this week for Bitcoin, Ethereum, and Ripple in the crypto market.
With the cryptocurrency market gaining momentum, a startling forecast is creating a buzz: 80% of new crypto millionaires may arise in the upcoming four months. The current bull market, along with several innovative development in particular projects, is generating favorable opportunities for investors to take advantage of possible gains.
Ripple's XRP has seen its price skyrocket since Republican Donald Trump won the U.S. presidential election—setting up a 2025 to be a huge year for bitcoin and crypto.
The price of Ripple (XRP) has maintained its uptrend and reached a high of $1.95. The cryptocurrency is recovering from its downturn after breaking through the $1.00 and $1.40 resistance levels.
XRP has seen a remarkable surge, reaching highs of $2.50 in today's trading session, a level not seen since Jan. 8, 2018. This nearly seven-year high has captured the attention of the cryptocurrency community and the market alike.
Ripple (XRP) has skyrocketed to a six-year high of $2.49, climbing nearly 30% in the past 24 hours. This price surge is a major milestone for XRP, which has faced challenges maintaining consistent uptrends since Ripple's legal battle with the SEC began four years ago.
Last week, WisdomTree Digital Commodity Services, LLC, a subsidiary of a prominent New York-based asset management firm with over $113 billion in AUM, filed for an XRP exchange-traded fund (ETF) with Delaware authorities. Earlier today, the investment firm submitted to the Securities and Exchange Commission (SEC) the S-1 filing for the WisdomTree XRP Fund.
XRP has experienced an explosive rally, breaking through significant resistance levels and reaching its highest levels in almost seven years. However, with the market showing signs of overheating, a consolidation phase is anticipated in the near term.
Monday started with blood on the cryptocurrency market. According to data from CoinGlass, more than $500 million in long and short positions in crypto asset futures were liquidated over the past 24 hours.
Chainlink price, the biggest oracle in the crypto industry, has bounced back recently as it soared for three consecutive weeks. Crypto analysts, citing its strong fundamentals and technicals, believe that LINK could stage a strong rally, mirroring Ripple's XRP.
Will XRP rally extend as whales position themselves for profit-taking?
The XRP bulls are up and envision a price surge to $20 in some cases.
WisdomTree's move could signal a shift in regulatory attitudes, potentially paving the way for broader acceptance of crypto ETFs. The post WisdomTree files Form S-1 for XRP ETF with SEC appeared first on Crypto Briefing.
WisdomTree has caught the eyes of investors today with its latest S-1 filing for XRP ETF Fund with the US SEC. Notably, this comes as XRP has noted a strong rally recently, surpassing the market cap of BNB and USDT.
XRP has propelled itself to the third-largest cryptocurrency by market capitalization, surpassing Solana (SOL) and Tether (USDT). On Monday, December 2, the Ripple-backed cryptocurrency surged more than 25% in just 24 hours, reaching $2.4 per token, with its market cap crossing $140 billion.
TL;DR XRP has surged by 20% in the last 24 hours, positioning itself to potentially surpass Tether (USDT) as the world's third-largest cryptocurrency by market capitalization. The surge is driven by factors such as SEC Chair Gary Gensler's resignation and the anticipation of Ripple's new stablecoin, RLUSD.
XRP price gained more than 62 percent in in the last week, and achieving less than half of that feat could take it into the $3 territory.
Donald Trump's election win, an anticipated conclusion to the SEC lawsuit and an expected stablecoin project may have contributed to the XRP price surge.
XRP is on an upward tear, with the cryptocurrency trading at its highest price level in about seven years while sustaining significant capital inflows.