Bank of England explores Ripple's inter-ledger protocol for synchronized RTGS payments
Bank of England was able to effectively conduct a Proof of Concept (PoC) exercise in collaboration with Ripple.
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Bank of England was able to effectively conduct a Proof of Concept (PoC) exercise in collaboration with Ripple.
Crypto markets are rallying on Tuesday as the Bitcoin Act of 2025 is introduced in the House, proposing the acquisition of one million BTC over five years with a 20-year lockup. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $82,985.45 +5.4% Ethereum (CRYPTO: ETH) $1,951.21 +4.6% Solana (CRYPTO: SOL) $127.73 +6.6% XRP (CRYPTO: XRP) $2.19 +6.4% Dogecoin (CRYPTO: DOGE) $0.1680 +7.1% Shiba Inu (CRYPTO: SHIB) $0.00001225 +4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 49.4% and daily active addresses growing by 19.9%.
Bloomberg analysts recently estimated Litecoin ETFs have the highest chance of approval, followed by Dogecoin and Solana products.
XRP's price action and market sentiment suggest potential bullish momentum, depending on key support levels.
Franklin Templeton is planning to launch an exchange-traded fund that will track the spot price of cryptocurrency XRP, underscoring the increasing appetite of asset managers for digital assets beyond bitcoin.
Earlier this Tuesday, the U.S. Securities and Exchange Commission delayed its decision on an application by cryptocurrency asset manager Grayscale to convert its XRP trust into ETF.
Franklin Templeton is the latest asset manager to enter the XRP ETF race following its S-1 filing with the US Securities and Exchange Commission (SEC). This continues the flurry of ETF filings that have hit the Commission's desk since President Donald Trump took office.
The filing could accelerate mainstream adoption of XRP, influencing crypto market dynamics and regulatory approaches to digital asset ETFs. The post Franklin Templeton files S-1 form for XRP ETF appeared first on Crypto Briefing.
XRP price tumbled to a new 30-day low around $1.90 on Tuesday as markets continued to react to macro headwinds from U.S. trade policies. Derivatives market data suggest bear traders are shaping up to exert more influence in the days ahead.
Investment behemoth Franklin Templeton, which boasts a total of $1.53 trillion, has filed to launch an XRP exchange-traded fund (ETF).
The U.S. government's bold move to establish Bitcoin (CRYPTO: BTC) as an official reserve asset through President Donald Trump's strategic Bitcoin reserve (SBR) has thrust cryptocurrencies into the spotlight, yet stablecoins like PayPal's PYUSD and Ripple's RLUSD are faltering in their bid for market share against offshore giants like Tether's USDT. What Happened: Signed into effect on March 6, the executive order designates Bitcoin as a sovereign-grade store of value, backed by roughly 100,000 BTC from forfeited Treasury holdings, while a favorable regulatory climate has failed to ignite adoption of U.S.-based stablecoins.
Due to bearish market forces XRP maintains a position close to significant support points while facing potential short-term instability. The token price currently stays close to $2.50 but encounters growing pressure from increasing short positions while market sentiment weakens. Open Interest data has increased by 5.
Crypto analyst ElmoX has asserted that the XRP price is still bullish despite the recent crypto market crash. His analysis revealed that XRP is set to face major resistance at $2.9, although he is confident that the crypto will eventually break this resistance and rally to as high as $20.
Bitcoin at $76,867 signals a crypto correction. If BTC fails to reclaim key levels, altcoins like Solana and XRP could see deeper losses.
According to data provided by Kaiko, the realized volatility of the Ripple-linked XRP has surpassed 100% this March.
Despite market downturns, figures like Ripple CTO David Schwartz and Robert Kiyosaki advise the community to buy Bitcoin. The market is historically cyclical, and BTC has always recovered in the long term.
With XRP struggling to hold key support and Nvidia facing a sharp correction, investors are wondering which asset has the strongest upside potential.
Recent shifts in U.S. regulatory policy under President Donald Trump have sparked optimism for a stablecoin boom, yet major players like PayPal's PYUSD (CRYPTO: PYUSD) and Ripple's RLUSD (CRYPTO: RLUSD) are struggling to capitalize on the favorable climate. Despite a supportive Securities and Exchange Commission, a pro-crypto Commerce Secretary and the rollback of restrictive banking rules by the Office of the Comptroller of the Currency, these American-backed digital currencies have failed to dent the dominance of established rivals like Tether's USDT (CRYPTO: USDT) and Maker's DAI (CRYPTO: DAI).
Ripple's Chief Technology Officer, David Schwartz, has responded to fresh claims about XRP's supply, rejecting accusations that new tokens can be minted at will.Schwartz took to X to clarify that XRP's maximum supply is hard capped at 100 billion, refuting statements made by Bitcoin maximalist Pierre Rochard.
The crypto market is recovering, with XRP in the spotlight after the price reclaimed the $2.1 mark. Amid a massive sell-off, XRP Open Interest has shifted its recovery by 1.66% in one hour to 1.39 billion coins.
In a short period of time, the number of executed transactions fell from over two million to less than one million, indicating a significant shift in XRP's market activity. Given the erratic nature of the cryptocurrency market, this sharp drop raises questions about the asset's future course.
The cryptocurrency market remains volatile, with Ethereum trading below $2,000, facing resistance after recent corrections. While most crypto markets trade sideways, several Ethereum rivals to buy stand out, positioning themselves as promising alternatives for potential growth.
Widely-followed analyst and trader Ali Martinez is leaning bullish on a large-cap crypto project focusing on cross-border payments. Martinez notes that XRP faces a classic technical pattern that suggests a possible meteoric rally in the near future.
XRP has fallen below the $2 mark for the first time since early February, following the broader market breakdown that has pushed most cryptocurrencies lower. Despite the intense selling pressure, XRP has held up stronger than many other altcoins, avoiding the steep declines seen across the market.
