Latest News

Ripple and Brazilian financial heavyweight Braza Group have announced the launch of a new stablecoin on the XRP Ledger (XRPL). The stablecoin, called BBRL, is pegged to the Brazilian Real and is designed to offer secure, cost-effective solutions for both individuals and businesses.

Such a move would push DOGE to well above $0.3.

A crucial call to action has been issued to XRP Ledger nodes and validators as the UNL migration to the new XRPL Foundation begins.

On-chain data shows the XRP whales have participated in a large amount of net buying recently, a sign that could be bullish for the asset's price.

XRP's (CRYPTO: XRP) latest surge follows the SEC acknowledging CoinShares' spot XRP ETF filing and Donald Trump's media post referencing Ripple's business—fueling speculation about XRP's role in future crypto adoption. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.69 $155.6 billion +3.5% +10.3% Bitcoin (CRYPTO: BTC) $97,546.59 $1.93 trillion +1.5% +1.7% Ethereum (CRYPTO: ETH) $2,747.97 $331.4 billion +1.2% +3.5% Trader Notes: Crypto chart analyst Ali Martinez highlights that XRP is forming an ascending triangle, positioning for a breakout that could lead to a 26% rally.

In mid-February 2025, XRP experienced a strong resurgence in the cryptocurrency market. It enjoyed its first significant rally on February 13 and February 14, when it rose from about $2.40 to above $2.80.

XRP, the native token of the Ripple network, has experienced a period of downward movement, losing about 21.72% of its value in recent times. This decline was largely due to intensified selling pressure and broader market factors.

XRP's market activity has taken a noticeable downturn as whale transactions fall off. According to the latest on-chain data, only 240 million XRP moved in the last 24 hours, suggesting a significant drop in large-scale transactions.

XRP trades at $2.69 on Feb. 20, 2025, as bullish momentum contends with critical resistance levels amid mixed technical signals. XRP The 1-hour chart shows XRP stabilizing between $2.65 and $2.75, forming higher lows within a tentative ascending trend. Immediate resistance at $2.75–$2.80 remains pivotal; a breakout with volume could propel prices toward $2.85.

Brazil's CVM has approved the world's first XRP-based ETF, managed by Hashdex, marking a significant step in institutional crypto adoption amid growing interest in XRP investment products.

Amid the bustling crypto market, Brazil marks a historic turning point by approving the world's first XRP spot ETF, while a local bank prepares to launch an innovative stablecoin on the XRP Ledger network.

Today, buyers are trying to keep the price of the Ripple (XRP) coin above the moving averages.

Cryptocurrencies traded slightly higher across the crypto market on February 20. As top coins Bitcoin, Ethereum and XRP flipped green, the total market cap rose 1.6% to $3.2 trillion. BTC dominance remained high, at 60.2% and ETH dominance stood at 10.

XRP (XRP 3.76%) and Bitcoin (BTC 1.18%) have plenty of catalysts to support their future growth, and it's common knowledge that financial institutions around the world are adopting both coins for various reasons. But there's one new trend in particular that's driving those same financial institutions to take more interest in these two coins.

It's a major win for Ripple ($XRP) as Brazil's securities regulator Comissão de Valores Mobiliários (CVM) approved the world's first $XRP spot exchange-traded fund (ETF). The news is yet another big step in the company's expansion, which already includes partnerships with central banks.

The U.S. Securities and Exchange Commission (SEC) has set a deadline for deciding whether to approve multiple exchange-traded funds (ETF) that track the price of Ripple-promoted XRP directly.

Brazils Comissão de Valores Mobiliários (CVM) has approved the countrys first spot XRP exchange-traded fund (ETF), the Hashdex Nasdaq XRP Index Fund, set to trade on the B3 exchange. The decision, announced on February 19, coincides with an 8% surge in XRP price over the past 24 hours, pushing it to $2.72, just 20% below its all-time high.

The U.S. Securities and Exchange Commission (SEC) has acknowledged a spot XRP ETF filing from Cboe BZX Exchange on behalf of Canary Capital, marking a key milestone in the crypto ETF sector. This acknowledgment initiates the SECs formal review process, which will determine whether the proposal secures regulatory approval.

Ten years is an incredibly long time -- especially in the volatile crypto world. Want an example?

Ranking 6th in BACEN's interbank market operations, Braza Group aims to strengthen the digital economy in Brazil. They also seek to enhance the digital economy in South America with this innovative digital asset.

In the past 24 hours, XRP's price has jumped by more than 5%. This bullish momentum has sparked renewed interest among traders and investors.

Sometimes, even the most bullish traders get surprised. That is exactly what happened with XRP.

XRP surged ahead of Bitcoin and Ethereum in the past 24 hours after securing its first spot exchange-traded fund (ETF) approval in Brazil. Data from CryptoSlate shows that the token's value jumped by 6% during this period, reaching $2.75, making it the best performer among the top 10 cryptocurrencies by market capitalization.

XRP (XRP 4.93%) and Bitcoin (BTC 1.32%) remain two of the most-watched cryptocurrencies even after years of being in circulation, and they've earned that distinction by providing value to investors all the while. But with Bitcoin's protocol largely unchanged, and XRP's rapid ascent showing no signs of slowing, it makes sense to question whether the relative position of these two giants might switch, with Bitcoin falling out of favor compared to the newer competitor.