Shibarium, powered by Shiba Inus active community, hit a record $8.57 million in TVL before a market downturn reduced it to $4.58 million. Shiba Inu leads staking activity with $3 million, underscoring its dominant role in the ecosystem.
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 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?
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.
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.
Shibarium, the layer-2 protocol associated with Shiba Inu (SHIB), has witnessed a spike in activities resulting in remarkable development. According to Lucie, the marketing lead at Shiba Inu, the total value locked (TVL) has hit an all-time high (ATH) of $8.57 million.
Shiba Inu price joined other cryptocurrencies in a steep sell-off as the recent rally took a breather and the burn rate declined. Shiba Inu (SHIB), the second-largest meme coin, dropped to $0.
The majority of the coins are in the red zone today, according to CoinStats.
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.
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.
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.
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).
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.
With a significant 13% decline in the last day, Shiba Inu seems to have lost its recent vigor. A strong rally that gave investors hope for long-term gains preceded this correction.
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.
Ripple CLO Stuart Alderoty slammed the U.S. Securities and Exchange Commission (SEC) for bragging about enforcement actions and raising record fines. Stuart Alderoty has challenged the bragging rights of the US SEC, highlighting the flawed approach the government agency has taken in lawsuits.
Ripple and Archax launched the first-ever tokenized fund on XRP Ledger (XRPL). This groundbreaking move is due to Abrdn's $3.8 billion US Dollar Liquidity Fund.
The Delaware filing marks only the beginning for WisdomTree, which must submit an S-1 registration to the SEC.
The resignation of Gary Gensler as the Chair of the US Securities and Exchange Commission (SEC), effective January 20th -the same day President-elect Donald Trump is set to be inaugurated – is set to be a monumental day for the XRP community. In his latest video, crypto analyst Rodney (@cryptojourneyrs) shared an analysis of the price potential in the post-Gensler era.
XRP maintains position above $1.45 while forming a contracting triangle pattern, with bulls eyeing a potential breakthrough above the $1.50 resistance level.
A closely followed crypto analyst thinks that payments-focused altcoin XRP is in a strong position to witness bullish continuation. Pseudonymous analyst Credible tells his 439,700 followers on the social media platform X that XRP looks ready for renewed rallies after holding its immediate support at $1.35.
Ripple's XRP has seen an upward swing, gaining over 3% in the past 24 hours, trading at levels just shy of $1.50. The recent price action reflects cautious optimism among traders as XRP consolidates within a critical range.
Ripple's XRP has been one of the top performers during the ongoing bullish rally across the cryptocurrency market. In the last 30 days, XRP has gained by 184%, with its market capitalization increasing threefold from $29 billion to $83 billion.
Shiba Inu's ecosystem shows strong growth potential as lead developer Shytoshi Kusama acknowledges TRON's success model, while SHIB posts 48% monthly gains and Shibarium reaches new TVL highs.
WisdomTree, a prominent New York-based asset management firm overseeing $113 billion in assets, has filed for an XRP exchange-traded fund (ETF) with Delaware authorities.
XRP price has captured significant attention this month, rallying beyond $1.4 and securing impressive market momentum. The cryptocurrency's value has surged over 177%, driven by broader market gains and renewed investor interest.
XRP has experienced significant growth, climbing above the $1 mark in November, thanks to a broader market rally. This surge has ignite hope among investors, positioning Ripple's token as a strong player in the recovering cryptocurrency landscape.
After those on BTC and ETH, and while waiting for those on SOL, the procedure has begun to list those on XRP on the US exchanges as well.
Shiba Inu (SHIB), a cryptocurrency that originally gained attention as a meme coin, is slowly evolving into something much more. With a market cap of $15 billion and a massive surge in its burn rate, SHIB is gaining momentum. But there's a bold idea floating around, burn 99% of its supply.
The price of Shiba Inu (SHIB) is stable and hovering between the resistance at $0.00002800 and support at $0.00002300. Neither the bulls nor the bears have broken this range.
Archax has provided access to Abrdn's U.S. dollar Liquidity Fund (Lux) in tokenized form on XRPL. Ripple will allocate $5 million into tokens on Abrdn's Lux fund, part of a larger allocation to real-world assets (RWAs) on the XRPL.
Shiba Inu lead developer Shytoshi Kusama lauded TRON's Justin Sun on Tuesday over the blockchain's recent milestone achievement. The lead developer primarily highlighted TRX's product-market fit (PMF) in stablecoin use cases, underscoring the network's pioneering stance as a decentralized, fast, and affordable solution.
The price of XRP, the digital token native to Ripple's blockchain network, has been on an upward trajectory in 2024. After a notable 25% surge this week, XRP hit a new yearly high of $1.45, ignite optimism among investors and cryptocurrency enthusiasts.
Ripple CEO Brad Garlinghouse recently announced an upcoming interview with "60 Minutes."
While the SEC touts its enforcement as a win for investors, the crypto industry is rejoicing over Chair Gary Gensler's imminent departure.
WisdomTree has filed for an XRP ETF, a key move in the evolving US cryptocurrency regulations.