Ripple’s native token has joined the overall market rally in the past 24 hours and has surged by 10% since its recent bottom of $2.00 to just over $2.20 marked earlier today. Aside from the broader market’s revival, there might be another notable reason behind XRP’s impressive surge now. XRPUSD Dec 3. Source: TradingView XRP […]
Another month has started on a similar note as the previous, with the cryptocurrency market bleeding heavily, and nearly $200 billion leaving the space in less than 12 hours. There seems to be no actual catalysts behind the latest crash, aside from over-leveraged market participants. Nevertheless, some altcoins have been hit worse than others, such […]
One of the largest cryptocurrency-focused companies, CoinShares, said on Friday that it has withdrawn all of its applications to launch spot crypto ETFs in the United States, including filings for XRP and SOL. At the same time, the demand for both large-cap altcoins on Wall Street has been rather impressive, with the cumulative total inflows […]
It’s safe to say that the cryptocurrency markets have experienced one of their worst monthly performances in recent history so far in November, with prices slumping by double digits even from the larger caps. Ripple’s XRP is no exception, even though the asset saw the release of two exchange-traded funds tracking its performance in the […]
Ripple’s native token saw the launch of a second exchange-traded fund tracking its performance yesterday, when Bitwise’s XRP went live for trading on the New York Stock Exchange. This makes it the second such fund with 100% exposure to the underlying asset to hit US markets within a week. However, both of those product launches […]
Ripple (XRP) has witnessed tremendous pressure amidst the recent market-wide meltdown. The crypto asset fell by more than 11% over the past week as a result, and briefly touched the lows of $2.10 before stabilizing near the press time price of $2.20. Data now suggests that nearly half of the XRP supply sits in loss, […]
Despite several major developments surrounding XRP and continued bullish sentiment from analysts, the asset’s price remains deeply in the red on a weekly scale. In this article, we break down the latest news related to the cross-border token and the company behind it. Which ETF Comes Next? The first spot XRP ETF in the US […]
The cryptocurrency market has long outgrown the niche financial spot it was given by TradFi, with BTC and several altcoins surging in popularity among various types of investors with the launch of exchange-traded funds tracking their performance. Ripple’s XRP joined the list on Thursday when Canary Capital’s XRPC launched on the Nasdaq after clearing out […]
Ripple’s cross-border token has registered a substantial uptick over the past week, and many pro-XRP analysts expect the resurgence to continue in the near future. Several key factors, including the launch of the first spot XRP ETF in the United States, support the bullish expectations. New Peaks Coming in November? As CryptoPotato reported, Canary Capital’s […]
After numerous delays over the past few years, lawsuit battles, regulatory changes, and recent filing updates, the first ETF to hold 100% XRP tokens is anticipated to debut in the United States on November 13. XRP’s price has been quite volatile in the past several days leading up to the event, while whales seem to […]
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