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Ever since the start of the year, the XRP price has gained immense attention as the token spiked over 70% and marked a 7-year high. Besides, the optimism surrounding the Ripple vs. SEC lawsuit following Donald Trump's inauguration has increased heavily, suggesting a major price action could soon follow.
The United States Securities and Exchange Commission has officially acknowledged Grayscale's filings for spot XRP and Dogecoin exchange-traded funds, kicking off the review process that could see these crypto funds hit the market later this year. On Feb.
The crypto market today has registered relatively subtle projections. While the global market cap of the business rose by a mere 0.19% to $3.21 trillion, the intraday trading volume dipped by 20.40% to $103.06 billion. The slowdown in trade has been evident with the Fear & Greed Index reflecting “Fear” at a score of 38.
Ripple CEO Brad Garlinghouse has already reacted to the SEC's decision to acknowledge Grayscale's application to convert an XRP ETF into an ETF.
Large XRP transactions have sparked discussions in the crypto community as Ripple whales moved 430 million XRP within hours. Meanwhile, Ripple CEO Brad Garlinghouse has expressed optimism about a shift in U.S. crypto regulations, hinting at a new crypto policy approach.
The cryptocurrency market showcased a mix of gains and losses on February 14, with fluctuating price movements following the release of key US economic data. While Bitcoin (BTC) managed to hover around the $97K level despite slight turbulence, Ethereum (ETH) hovered near $2,700. The global cryptocurrency market cap stands at $3.
The SEC on Thursday acknowledged Grayscale's application to convert its XRP and Dogecoin Trusts into ETFs, an unprecedented move that may signal a new approach to crypto products. The post SEC Acknowledges Grayscale's Filings to List XRP, Dogecoin ETFs appeared first on Cryptonews.
The SEC has acknowledged filings for both the Grayscale XRP and Grayscale Dogecoin (DOGE) exchange-traded funds (ETF). These filings seek to list and trade the respective assets under commodity-based trust shares rules.
The SEC has officially acknowledged Grayscale's filing to convert its XRP trust into an ETF.
Just when you thought the world of crypto and politics couldn't get any more complex, Former SEC official a controversial figure in the crypto industry, is turning heads. This time, reports suggest he is aligning himself with Donald Trump's crypto advisory board—an unexpected move given his past political leanings and regulatory stance.
An analyst has pointed out how XRP could be targeting a breakout toward $15 if this pattern forming in its 1-week price chart is real. XRP May Have Broken Out Of A Symmetrial Triangle In a new post on X, analyst Ali Martinez has discussed about a long-term consolidation pattern that XRP may have been traveling inside until recently.
Crypto prices on February 14 sparked uncertain investor sentiments globally, primarily showcasing fluctuating price trajectories after key U.S. economic data. Bitcoin (BTC) price held the $97K level despite encountering turbulence, whilst Ethereum (ETH) traded near $2,700.
The Securities and Exchange Commission will likely face a mid-October deadline to decide whether Grayscale's XRP and Dogecoin ETFs get off the ground.
XRP price is moving higher from the $2.40 support zone. The price is showing positive signs and might gain bullish momentum above $2.60.
SEC acknowledges Grayscale's XRP ETF filing, fueling speculation on approval and Ripple case impact. Could this be a game-changer for XRP?
XRP has been outperforming Bitcoin in recent days, with its BTC pairing rising to $0.0000255. Since bouncing from $0.00002345 on Feb. 7, XRP has recorded gains on six of the last seven days, marking four consecutive days of growth since Feb. 9.
XRPs recent price action shows a short-term EMA crossover that may signal consolidation rather than a bearish trend. The 26/50 EMA crossover, spotted on XRPs chart, often indicates a temporary correction instead of a prolonged downtrend.
Details on Grayscale's filing show a comprehensive framework for what could be the industry's first spot XRP fund.
The US Securities and Exchange Commission (SEC) formally acknowledged the 19b-4 filings for XRP exchange-traded fund (ETF) today, meaning that the agency is at least willing to consider the proposal.
The SEC's review of Grayscale's ETF applications could signal a shift towards greater acceptance of crypto investment products in the US. The post SEC formally accepts Grayscale XRP and Dogecoin ETF applications for review appeared first on Crypto Briefing.
The US Securities and Exchange Commission (SEC) has officially recognized Grayscale's proposal for a Dogecoin (DOGE) exchange-traded fund (ETF). This development comes as part of the SEC's standard process for reviewing ETF proposals. The regulatory body posted a 19b-4 form on Thursday, which acknowledges the filing by NYSE Arca on behalf of Grayscale.
The U.S. SEC has acknowledged Grayscale's proposals for an XRP and Dogecoin exchange-traded fund and is asking for public comments.
The US Securities and Exchange Commission (SEC) has acknowledged Grayscale's 19b-4 filing for its Dogecoin and XRP ETF. This paves the way for a potential approval of this fund, a development that provides a bullish outlook for the Dogecoin and XRP prices.
XRP has been at the center of attention in the cryptocurrency market as it consolidates at a pivotal price level. While the asset's future remains uncertain, on-chain data and technical analysis suggest that XRP could potentially soar by 30%, reaching $3.22—provided it successfully breaks through key resistance levels.
