Why Ripple's $25M Boost for Bitnomial Is XRP's Next Big Move
Bitnomial launches Botanical, a U.S. perpetual futures platform backed by Ripple, aiming to reshape regulated crypto derivatives trading.
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Bitnomial launches Botanical, a U.S. perpetual futures platform backed by Ripple, aiming to reshape regulated crypto derivatives trading.
Ripple CEO Brad Garlinghouse has hinted at the much-anticipated launch of the company's stablecoin, Ripple USD (RLUSD). In a recent statement, Garlinghouse expressed confidence that RLUSD will set the benchmark as the “gold standard” for enterprise-grade stablecoins, built on trust, liquidity, and regulatory compliance.
The legal battle between Ripple and the United States Securities and Exchanges Commission is likely to enter its next phase soon. The phase officially begins, when the SEC files its pre-argument statement.
Asset manager Canary Capital has officially filed an S-1 registration form with the United States Securities and Exchange Commission (SEC), less than a week after applying for an XRP-based ETF. The plan is to launch a spot exchange-traded fund (ETF) that would directly hold Bitcoin offshoot Litecoin (LTC).
After the launch of spot Bitcoin and Ether ETFs, investors eagerly await the potential debut of XRP and Solana ETFs, which could significantly impact crypto markets.
Ripple president Monica Long has shared a Ripple post about its important recent milestone, along with the details of RLUSD's future usage. This took place as the San Francisco-based blockchain decacorn started its annual Ripple Swell event.
The crypto ETF landscape is on the verge of expanding.
XRP is priced around $0.54602946, with a market capitalization close to $30.93 billion and a trading volume exceeding $1.11 billion. The circulating supply stands at 56.64 billion tokens.
The Ripple Labs versus US SEC legal battle is advancing with Stuart Alderoty sharing insight into what next.
Grayscale Investments has filed to convert its Digital Large Cap Fund, which includes Bitcoin, Ethereum, Solana, XRP, and Avalanche, into an ETF
The SEC and Ripple are entering the appeals phase of their XRP lawsuit, with both parties preparing to challenge aspects of the initial ruling in a process that could extend into early 2026
A political action committee supporting Donald Trump's presidential campaign has successfully raised approximately $7.5 million in crypto donations. This was within a short period spanning from July to September 2024.
Crypto derivatives exchange Bitnomial is set to launch its U.S. perpetual futures trading platform, Botanical, backed by a $25 million round led by Ripple. The platform, integrating Ripple's stablecoin RLUSD, aims to challenge decentralized exchanges and offshore models. Bitnomial's approach to bringing offshore trading models into the U.S.
Ripple CEO Brad Garlighouse has spoken out about the imminent launch of the company's own stablecoin, as Ripple USD, or RLUSD, approaches its long-awaited launch. Responding to the announcement of exchange partners for the digital asset pegged to the dollar, Garlinghouse made a bold statement that RLUSD will become the gold standard for enterprise-grade stablecoins.
The Ripple Vs SEC battle has further intensified with Bitnomial revealing key updates recently. Notably, the Bitnomial Exchange has recently sued the US SEC as the agency claims that the XRP Futures are “Security Futures.
Grayscale Investments reportedly has filed an application with the U.S. Securities and Exchange Commission (SEC) to convert its Digital Large Cap Fund into an exchange-traded fund (ETF).
Ripple's CLO Stuart Alderoty presented "a rundown of the appeals timeline."
Today, while most cryptocurrencies are experiencing price gains, XRP is facing a decline. Despite Bitcoin's impressive surge to 3 month high of $67,693, XRP struggles to hold above the $0.54 level. This decline is particularly surprising given the major announcement about the upcoming Ripple Swell event. So, let's explore the reasons behind XRP's downturn.
Stuart Alderoty, Ripple's top lawyer, has told Fox Business that the U.S. Securities and Exchange Commission (SEC) is supposed to file its pre-argument statement (Form C) on Thursday.
Nashville-based investment firm Canary Capital filed for a Litecoin exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC). This comes on the heels of Canary and BitWise filing for an XRP ETF earlier this month.
On October 15, Bitnomial, a crypto derivatives exchange company, announced the upcoming launch of its U.S.-regulated perpetual futures trading platform, Botanical. Bitnomial claims this platform will offer a compliant alternative to decentralized exchanges (DEXes) and VPN-based workarounds that are commonly used for perpetual futures trading today.
Ripple is taking the lead in transforming Australia's digital economy. Collaborating with the Digital Economy Council of Australia (DECA) and the Digital Finance Cooperative Research Centre (DFCRC), Ripple aims to unlock the vast potential of asset tokenization.
Ripple's legal drama with the SEC just got a new chapter! Ripple's Chief Legal Officer, Stuart Alderoty, has laid out a clear roadmap for the company's high-stakes battle, revealing that the case could stretch into mid-2025.
Grayscale Investments has filed to convert its Grayscale Digital Large Cap Fund (GDLC) into an exchange-traded fund (ETF), expanding its existing suite of crypto ETFs, according to a report by Helene Braun for CoinDesk.
