WisdomTree, a U.S.

Asset manager WisdomTree overseeing $113 billion in assets, has filed to establish a trust entity in Delaware as a preliminary step toward launching an XRP (CRYPTO: XRP) exchange-traded fund (ETF). What Happened: If successful, the ETF would track the price of XRP, the sixth-largest cryptocurrency by market capitalization, and join a growing list of applications for crypto ETFs, which are reshaping institutional access to digital assets.

Appearing to follow in the footsteps of Bitwise and Canary Capital, WisdomTree filed to register and XRP ETF entity.

The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from the foundation's Protocol Security Research Team and the Ecosystem Funding Initiative, the Attackathon event will take place from Nov. 25, 2024, to Jan.

TL;DR Ripple launches the first tokenized fund on the XRP Ledger (XRPL), based on abrdn's US Dollar Liquidity Fund, managing $3.8 billion. The collaboration with Archax and abrdn marks a significant step in real-world asset (RWA) tokenization and the adoption of blockchain in institutional finance.

XRP whale activity is signaling possible sustainable bullish momentum for the asset, which has broken out after prolonged price consolidation.

On Monday, it was announced that asset manager WisdomTree has entered the race for a spot XRP ETF. The move comes at a pivotal time, marked by expected leadership changes at the US Securities and Exchange Commission (SEC) and the recent election of Donald Trump.

WisdomTree's move into XRP ETFs signals growing diversification in crypto investment products, potentially broadening market participation. The post WisdomTree files for XRP ETF via Delaware trust appeared first on Crypto Briefing.

New York-headquartered asset management firm, WisdomTree has filed a registration statement for XRP ETF in Delaware. With this preliminary move, the firm is likely days away from officially filing for the product with the US Securities and Exchange Commission (SEC).

Renowned trader and market analyst Peter Brandt, long known for his critical stance on XRP, has stunned the crypto community with a surprisingly bullish forecast for the Ripple-affiliated token.

Capital flows shift from bitcoin to ether, with the derivatives market signaling growing confidence in ETH near-term upside, analysts said.

Ripple and Archax just made a big move that could change how institutional finance works. Together, they've launched the first ever tokenized money market fund on the XRP Ledger (XRPL). It's based on abrdn's $3.8 billion US Dollar Liquidity Fund, and it's a huge deal for anyone watching the rise of tokenized assets.

After a multi-week winning streak in the wake of Donald Trump's re-election and the announcement Chair Gary Gensler will be stepping down from the Securities and Exchange Commission (SEC), the cryptocurrency market entered a zone of uncertainty and high volatility over the weekend.

As became known thanks to the latest weekly research by CoinShares, investment products linked to the popular cryptocurrency saw a staggering result with inflows of $15.2 million. In fact, this is 353% higher than the week before and brings the year-to-date total for XRP-focused ETFs to $46 million.

XRP's open interest, which refers to the total number of open futures or options contracts, has hit a new record high of $2.6 billion, according to CoinGlass data.

The XRP price has staged a strong recovery this month, making it one of the best-performing top ten cryptocurrencies. Ripple (XRP) peaked at $1.

Ethereum (ETH) price trades today at as of . Ether prices hit a daily high of today after rising % on.

Ripple has launched the first tokenized money market fund on the XRP Ledger (XRPL) through a partnership with UK-based firms Archax and Abrdn, according to a Nov. 25 statement. This initiative involves Abrdn managing the fund as part of its £3.8 billion US Dollar Liquidity Fund (Lux).

XRP Ledger (XRPL) has launched the first tokenized money market fund. According to an announcement on the Ripple X handle, XRPL achieved it in collaboration with two other entities.

The weekend's correction might have finished, according to CoinStats.

Stellar (XLM) has been steadily gaining momentum in recent days, currently trading at $0.52 — a 127% increase over the past week.

Despite recent highs, XRP might be on shaky ground. Technical analysis reveals declining trading volumes and an overbought RSIclassic precursors to a market downturn.

The tokenization of real-world assets has significantly grown on the XRPL network as Ripple onboards more institutional investors through regulated channels.

Brian Q, an expert at on-chain analytics firm Santiment, shared his insights into controversies in retail sentiment in the past seven days. It looks like Bitcoin (BTC) might be disappointing for the crowd, while some old-school altcoins are in the spotlight again.

XRP has had a fantastic run lately, hitting remarkable highs and boosting market confidence. Technical analysis and current on-chain metrics, however, indicate that the rally may be coming to an end.

Ethereum price's delayed growth spurt offers investors a good entry point at a time when on-chain metrics are surpassing its peers.

Ethereum (ETH) has faced challenges in recent months, lagging behind major cryptocurrencies like Bitcoin (BTC) and Solana (SOL), but recent trends suggest the altcoin could be gearing up for a significant rally. According to Simon Dedic, founder and partner of crypto venture capital firm Moonrock Capital, Ethereum presents one of the “simplest and safest 3x opportunities” in the market today, with potential for a price surge to $10,000 per ETH.

Most of the coins have come back to the green zone after a slight correction, according to CoinMarketCap.

Ripple's payments-friendly $XRP coin has surged 31% on last week and 11.8% overnight to outperform the market leaders Bitcoin ($BTC) and Ethereum ($ETH). Bitcoin is up 8% from last week to trade at $97,542, while Ethereum rose 13% to $3,467.

The next few days will reveal XRP's direction. But the bulls' resolve to protect XRP from further drops gives them a strong psychological advantage.

Ripple's XRP has had a turbulent few days, with the cryptocurrency facing strong resistance levels while still managing to hold steady above crucial support zones. As of November 25, XRP is trading near the $1.40 mark, down more than five percent, in line with the broader downturn seen across the cryptocurrency market.

Ripple whales bought more than 50 million XRP over the weekend, reports crypto analyst Ali Martinez. Citing data from Santiment, Martinez shows in a chart attached to a post how the total balance of holders holding no less than 1 million to 10 million XRP has increased to 4.29 billion tokens, with an apparent increase in the last two days.

Three reasons are mentioned behind the OI surge.

Sustained buying dominance could propel ETH prices beyond the $3,560 resistance level, paving the way for further growth.

Bitcoin (BTC) stalled after coming within touching distance of $100,000 as the cryptocurrency reached a peak of $99,655 before declining to its current level. BTC is marginally down over the past 24 hours but registered a substantial decline over the weekend and dipped to a low of $95,816 late on Sunday before recovering.

Archax has introduced a tokenized version of a money market fund offered by abrdn on the XRP Ledger (XRPL). The development came through a collaboration with Ripple.

Ethereum has hit its four month high of $3,500 amid industry jokes at its disappointing gains, compared to Bitcoin.

XRP price has struggled to find stability above the 1.50 mark, making it the immediate target price to build on last week's 40 percent gain.

Crypto payments firm Ripple on Monday announced its first tokenized money market fund in partnership with FCA-regulated crypto exchange Archax and UK asset manager abrdn. The tokenized money market fund will be available on the XRP Ledger (XRPL) blockchain.

The Ethereum (ETH) price has taken a strong lead gaining 5% over the last 24 hours and crossing past $3,500 levels while Bitcoin consolidates around $98,500. The attention shifts to ETH as BTC faces stiff resistance at the $100K milestone.

Ethereum's recent price action highlights a mix of bullish momentum and cautious consolidation, with the price approaching a critical resistance at $3.5K. A breakout above this level could pave the way for a significant rally, but the potential for a continuation of the consolidation phase remains.

Bitcoin is stuck. The $100,000 milestone that felt inevitable has proven to be a nearly impenetrable fortress.

Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin's established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year.

After the news of Gary Gensler stepping down in January, XRP is witnessing explosive activity, with Ripple whales adding over 250 million tokens to their holdings in just a short period. Amid this buying spree, XRP's price has surged, and the futures market is breaking records—topping $2.50 billion in open interest.

The partnership could accelerate the adoption of digital securities, transforming financial market infrastructure and enhancing efficiency. The post Ripple partners with Archax to debut first tokenized money market fund on XRPL appeared first on Crypto Briefing.

Ethereum ($ETH) is one of the best-performing of the major cryptocurrencies over the last 24-hours. With older altcoins $XRP and $ADA also putting on great gains over recent days, could $ETH be about to breakout, and also start reversing its long downward trend against $BTC?

Amid revolutionary announcements, technological advancements, and regulatory turbulence, the crypto ecosystem continues to prove that it is both a territory of limitless innovations and a battleground of regulatory and economic disputes. Here is a summary of the most notable news from the past week surrounding Bitcoin, Ethereum, Binance, Solana, and Ripple.

Bitcoin ETFs experienced record inflows of $3.12 billion last week, while Solana outpaced Ethereum with $16 million in inflows, according to CoinShares.