A new report has shed light on the fair market value of XRP, the cryptocurrency affiliated with the Ripple network. The six quantitative models were developed by a group of experts to assess the impact of different scenarios on the token’s value had the SEC lawsuit not occurred. The SEC ... Read more
Egrag Crypto has provided forecasts for XRP investors, indicating what holders can expect in case Bitcoin surges to new records. In a recent X post, an analyst painted a picture of how XRP could rally in tandem with Bitcoin. These projections are rather fascinating for XRP investors waiting for the ... Read more
Tesla CEO Elon Musk recently addressed a question about the future integration of XRP into financial institutions in the U.S. During a public discussion, he clarified that his response was not an endorsement or rejection of XRP. However, he noted that any cryptocurrency, by its decentralized nature, supports individual freedom. ... Read more
Bitnomial, a Chicago-based digital asset derivatives exchange, has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC) in response to what it views as an overextension of the SEC’s jurisdiction over digital assets. The case focused on the argument by the SEC that XRP is a security and ... Read more
Ripple entered the crypto custody space with new services which are aimed at assisting banks and Fintech firms in safely storing digital assets on behalf of their customers. This is a significant move away from firm’s previous area of interest which is payments and its own cryptocurrency XRP. The company’s ... Read more
Canary Capital, an investment firm officially filed for an XRP ETF, marking the second major filing following Bitwise’s recent ETF application. This surge in interest reflects mounting anticipation for broader regulatory acceptance of cryptocurrency exchange-traded funds, especially those focusing on the token. On October 8, 2024, Canary officially filed a ... Read more
Cryptocurrency analyst and trader “The Chart Guy” has issued a bearish outlook on XRP, suggesting that the altcoin may be poised for further declines. Despite recent price increases, the analyst believes that hidden bearish divergences on the technical chart indicate a potential for lower levels to be filled. In a ... Read more
Bitwise Invest, a leading asset manager, has applied to an XRP exchange-traded fund (ETF). The filing was made on Sept. 30, 2024, via CSC Delaware Trust Company, which is entrusted to represent their interests in the application process. The strategic move is part of the firm’s broader strategy to expose ... Read more
XRP, the digital currency of Ripple’s payment network, is on the precipice of a major move higher. In an X post on Wednesday, Javon Marks pointed out that cryptocurrency has made at least six attempts to bypass the price range since July 2024. With technicals hinting at the scaling back ... Read more
Ripple-affiliated token XRP has been making significant strides in recent weeks, attracting substantial interest from both retail and institutional investors. In a notable development, a group of whales has acquired over 380 million XRP tokens in the past 10 days, spending approximately $228 million on the digital asset. This whale ... Read more
