Cryptocurrency markets are trading lower on Tuesday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $91,912.69 -2.9% Ethereum (CRYPTO: ETH) $3,277.87 -4.8% Solana (CRYPTO: SOL) $226.08 -5.1% Dogecoin (CRYPTO: DOGE) $0.3746 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00002385 -6.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 77.4% and daily active addresses up by 16.4%.
The ETP will trade on Sweden's Spotlight Stock Market, offering investors' access to the world's largest memecoin.
Ripple Labs donated $25 million to the Fairshake political action committee (PAC), according to the firm's CEO Brad Garlinghouse. The donation, which adds to the $78 million Fairshake raised earlier this month, brings the total to $103 million.
XRP, stewarded by blockchain payments startup Ripple, is trading at heights not seen in three years as the wider crypto market benefits from anticipated impending political tailwinds in the United States. The token has been on a clear upward course since President-elect Donald Trump won the presidency against Kamala Harris earlier this month.
Dogecoin (CRYPTO: DOGE) is now in the spotlight as its ever exchange-traded product (ETP) is listed on Sweden's Spotlight Stock Market. What Happened: DeFi Technologies Inc., through its subsidiary Valour Inc., has introduced the first-ever Dogecoin ETP in the Nordics.
Filecoin (FIL) has been recognized by Fast Company as a key player in emerging technology, highlighting its impact on decentralized AI and innovations like the NV24 upgrade.
Stellar Lumens (XLM) has been making waves in the cryptocurrency world recently, showing impressive performance against Bitcoin (BTC) throughout November. The price of XLM has climbed steadily, pushing its value to levels not seen in months.
In a recent X post, Ripple CEO Brad Garlinghouse has revealed that Ripple is contributing another $25 million to Fairshake, noting that Fairshake is the most successful multi-candidate, bipartisan Super PAC in American history.
The XRP-focused company announced its third $25 million injection into Fairshake, just weeks after the super PAC proved successful in the 2024 U.S. election.
The launch of the Dogecoin ETP in the Nordics signifies growing mainstream acceptance and investment diversification in digital assets. The post First-ever Dogecoin ETP debuts in Nordics as Elon Musk boosts interest in the crypto asset appeared first on Crypto Briefing.
TL;DR DeFi Technologies launches the first Dogecoin ETP in the Nordic countries, offering investors an easier way to access the asset. The Valour Dogecoin (DOGE) SEK ETP is available on Sweden's Spotlight Stock Market and carries a 1.9% management fee.
Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission's recent blockchain network selections for the state's upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled “XRP and Wyoming” broadcasted on November 25, 2024, Hoskinson questioned the commission's opaque selection process and raised concerns about potential conflicts of interest.
XRP has gained significant momentum following a multi-week rally, driven by major catalysts such as Donald Trump's re-election and the announcement of SEC Chair Gary Gensler's resignation.
The cryptocurrency market is experiencing notable volatility, with key developments surrounding XRP price, Pepe Coin (PEPE), and Bitcoin (BTC). A massive whale transfer has triggered uncertainty in XRP's price, while bold predictions about PEPE's future spark both optimism and scepticism.
The latest filing by another major asset manager edges the once-distant vision closer to fruition.
A majority of pro-crypto or crypto-neutral candidates won their races in 2024, many of whom were supported by media buys from PACs like Fairshake.
In a recent press release, the SEC Announces Enforcement Results for Fiscal Year 2024, disclosing that it filed 583 total enforcement actions in fiscal year 2024 while obtaining orders for $8.2 billion in financial remedies, which is the highest amount in the history of the SEC.
Will this partnership signal a new era of blockchain finance?
Dogecoin (DOGE) price hit its highest level since 2021 on November 23 but has since entered a correction, dropping 12% in the last 24 hours. The Ichimoku Cloud, DMI, and EMA indicators all point to growing bearish momentum, with DOGE trading below critical levels and showing signs of weakening upward pressure.
Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.
Since the beginning of November, the price of XRP has risen over 220% at its peak, and the token itself has become extremely popular and talked about again. After finding its peak at $1.634, XRP reached highs not seen since May 2021 and then, as expected, began to correct, where it now trades at $1.367, 16.54% below its local high, according to the Bitstamp exchange.
DeFi Technologies, a publicly traded Canadian firm, has announced the launch of its subsidiary Valour Inc.'s new product—the Valour Dogecoin (DOGE) ETP—on the Sweden-based Spotlight Stock Market, according to a Nov. 26 statement.
Chainlink grabbed headlines with a 10% rally last week, which pushed its monthly gains to 53%. This stellar performance by LINK has resulted in a bullish outlook for the Oracle token.
Dogecoin (DOGE), the largest meme coin, has set a record for network activity, with 60.9 billion tokens shifted by large investors in 24 hours. Such intense movement usually indicates increased interest from large investors, often called whales, in anticipation of bullish momentum.
According to a report from Whale Alert, nearly 18.81 million XRP, which is practically equivalent to $25.03 million, have been transferred from the platform of the world's largest crypto exchange to an unknown destination.
Ripple CEO Brad Garlinghouse recently announced that his company is contributing another sum to the pro-crypto political action committee (PAC). Garlinghouse elaborated on the reason for this move as the crypto community prepares for the 2026 mid-term elections.
Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), announced his resignation, a move that many in the cryptocurrency community, particularly XRP holders, had been waiting for. This news caused XRP's price to surge massively in just a few hours, reaching a high of $1.51, the highest since May 2021.
Ripple CTO David Schwartz has addressed concerns over a recent XRP Ledger incident, which saw nodes halting or not making progress for a brief period on the network.
XRP Ledger has bagged a new update that can significantly improve scalability and overall performance.
Story Highlights The Stellar price has plunged ~15% in 24 hours and retests $0.40. Technical indicators record a mixed price sentiment, highlighting uncertainty this week. Bullish reversal could push the price toward the $0.60 mark.
XRP Ledger has introduced a significant update with the release of version 2.3.0 of its reference server implementation, rippled. This major release brings a host of new features and improvements aimed at enhancing the functionality and stability of the XRP Ledger.
Amid the ongoing regulatory tensions, Ripple continues to expand its influence within the financial technology space.
Binance founder and former CEO Changpeng Zhao on Tuesday voiced concerns about the current state of meme coins, calling their proliferation “a little weird.” What Happened: In a tweet, Zhao clarified he isn't against memes but urged the crypto community to focus on building meaningful blockchain applications.
Dogecoin Soars on Trump's Presidency Win. Here's Why That's Not Just a Fad.
As United States Securities and Exchange Commission (SEC) Chairman Gary Gensler prepares to depart the Commission, spot XRP exchange-traded funds (ETFs) applications are piling up.
The crypto market has entered a correction phase, according to CoinMarketCap.
Dogecoin futures hit an all-time high in open interest at $4 billion, highlighting a surge in speculative activity.
Bitcoin's recent sell-off has affect, Dogecoin leading to a 21% crash. Regardless, the long-term outlook remains bullish, which leads many to believe that the Dogecoin price could be on a path to retest $1 this year.
WisdomTree has entered the competition for an XRP-based ETF, joining firms like Bitwise, 21Shares, and Canary Capital, all of which have filed similar proposals.
"I've been an XRP holder for a while, just not super vocal about it," the golf influencer said.
Bitcoin (BTC) has registered a sharp decline as its march to $100,000 faced a significant setback as the price slipped below $95,000. BTC is down almost 4% over the past 24 hours and trading at $94,351, with sellers in control.
Archax, a UK-regulated digital asset exchange, broker, and custodian, has collaborated with Ripple Labs to tokenize a money market fund managed by abrdn on the XRP Ledger (XRPL).
Stellar Lumens ($XLM), which was on a roll last week after several high-profile endorsements by MasterCard, Franklin Templeton and even the UN, is now undergoing a sharp correction, as Cryptonews predicted yesterday. In the last 24 hours, the price of Stellar Lumens has collapsed by about 15.8% and it now trades at $0.4314.
XRP Ledger (XRPL) developers have rolled out a new server update to address a recent temporary outage that disrupted node operations. Network outage On Nov. 25, XRPL experienced a partial network outage that impacted several node types, including Full History, Current Ledger, Pathfinding, and Submission nodes.
Ripple (XRP) sellers appear to have outpaced the pressure previously put up by bulls, BeInCrypto observed. Over the last 30 days, XRP's price has increased by 177%, driven by several factors, and has put bears on the back foot.
Dogecoin (CRYPTO: DOGE) is down 11.5% over the past 24 hours, yet traders remain optimistic about its long-term prospects. What Happened: Despite ‘Dogecoin superfan' Elon Musk on Monday humorously tweeting that "DOGE is inevitable," the apex meme coin has found itself at the receiving end of a market correction.
Too much leverage has led to an inevitable pause in the crypto market, but this is largely seen as a healthy correction, analysts argued.
Dogecoin (DOGE) has made significant progress, breaking through the $0.18 and $0.20 resistance levels twice. The cryptocurrency rose to a high of $0.478 before falling back.