TL;DR The approval of spot BTC and ETH ETFs has led to speculation about the potential launch of a spot XRP ETF in the US, with Ripple’s CEO Brad Garlinghouse suggesting it’s “inevitable.” However, the ongoing legal battle between the company and the SEC over allegations of unregistered securities offerings might complicate the green light […]
With the broader market recovery this year, the network activity XRP Ledger (XRPL) also surged across nearly all metrics, with active addresses and transactions increasing by 37% and 113% quarter-over-quarter (QoQ), respectively, according to Messari’s latest report. A significant portion of this activity stemmed from a concentrated group of approximately 45,000 accounts, which collectively sent […]
Investor hesitancy continued as digital asset investment products witnessed a modest sum of $126 million in outflows last week. This reluctance could potentially be due to the stall in positive price trends. While trading volumes increased slightly from $17 billion to $21 billion compared to the previous week, activity in ETP/ETFs decreased relative to the […]
TL;DR Analysts predict a bullish future for XRP, expecting a substantial price increase to nearly $2 by July due to technical indicators and market factors. Optimism is fueled by Ripple’s legal developments and the Bitcoin halving event, with some predictions suggesting XRP could reach all-time highs beyond $5.85. Where Is XRP Headed? Ripple’s XRP has […]
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