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 […]
XRP is trading at $2.38 at press time, down slightly over the last 24 hours but up 4% over the past week. Recent technical setups and data suggest growing interest in a potential move higher, with some traders eyeing a $5 target before the year ends. Cup-and-Handle Pattern in Focus Levi shared a chart showing […]
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 […]
Canary Capital is expected to launch the first US-based spot XRP ETF that will have 100% exposure to the asset on November 13, after its most recent updates that allow it to bypass regular approval procedures. Consequently, we asked ChatGPT and Perplexity whether this will turn out to be as bullish as many expected, or […]
Ripple’s cross-border token benefited from the positive developments around the company behind it in recent weeks and the growing hype about a potential launch of a spot XRP ETF in the United States. One popular analyst remains highly bullish on the asset for the long run, predicting a massive surge to $6, which would mean […]