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The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the company behind the cryptocurrency XRP, has captured significant attention within the crypto world. Ripple is facing charges from the SEC that its token XRP constitutes a security, a stance that has created uncertainty for XRP's future.
The BBRL stablecoin will only be initially available to institutional clients but the bank has big ambitions for expansion.
XRP's price rally follows the acknowledgment of multiple XRP filings by the SEC and rumors of delay in Ripple's legal battle with the agency.
Whales have begun accumulating XRP, but will that have an effect on the market?
Will the SEC pause the Ripple case, just like it did with Binance and Coinbase? This question has been circulating with increasing speculation. A significant development fueling this uncertainty is the reassignment of the SEC's lead litigator for major cryptocurrency cases.
XRP, the native token of Ripple Labs, is showing signs of recovery after a period of decline, as it seems to be finding support from key market forces. As of February 19, 2025, XRP's price has made a notable uptick, reaching $2.61, marking a 1% increase in the last 24 hours.
United States President Donald J. Trump shared two articles about Ripple on his Truth Social platform, igniting speculation over the potential implications for both Ripple and its native token, XRP.
Brazil's Securities and Exchange Commission gave the greenlight to the Hashdex Nasdaq XRP Index Fund, currently in a pre-operational phase.
Ripple's XRP has currently drifted into the green zone and is trading above the $2.70 levels after gaining 6% in the last 24 hours. According to an analyst, XRP's price on the daily time frame is currently retesting a significant resistance zone between $2.65 and $2.80.
XRP price is up over 5% from the $2.50 support. The price is showing positive signs and might aim for a move above the $2.820 resistance zone.
Will SEC rescind Ripple lawsuit as it advances XRP ETF applications by various issuers?
SEC's regulatory shift sparks optimism for crypto markets. XRP-spot ETF speculation grows as the SEC acknowledges new applications.
Wall Street is increasingly eyeing up XRP (XRP), as the US Securities and Exchange Commission (SEC) acknowledged yet more spot ETF applications on Wednesday. The post Wall Street Eyes XRP as SEC Reviews ETF – Could This Be the Catalyst for a Massive Rally? appeared first on Cryptonews.
XRP, the native cryptocurrency of Ripple Labs, is experiencing a renewed wave of bullish sentiment after a recent price surge. On February 19, 2025, the price of XRP surged by 6.5%, rising from $2.51 to $2.65 in just 24 hours.
Braza Group, an international payment firm, has introduced BBRL stablecoin, a digital currency linked to the Brazilian Real using the XRP Ledger (XRPL). The company says BBRL will help people and businesses make transactions more easily and safely.
Brazil is set to be the first country to launch a spot XRP ETF after the country's regulator gave the green light to Hashdex's product.
Due to its resilience, Ethereum is raising hopes that it can avoid the daily chart's dreaded death cross formation. The 50-day moving average crossing below the 200-day MA, known as a death cross, frequently indicates bearish momentum and additional price drops.
The U.S. Securities and Exchange Commission (SEC) has officially acknowledged WisdomTree's application to list and trade shares of an XRP exchange-traded fund (ETF).
The SEC has previously acknowledged spot XRP ETF filings from 21Shares, Bitwise Grayscale, and CoinShares.
The SEC is postponing actions on prominent crypto enforcement lawsuits, which may be a way of buying time to dismiss them. It has already postponed the deadline for the Coinbase case but hasn't dropped its biggest lawsuits yet.
WisdomTree's XRP ETF filing joined a basket of applications acknowledged by the U.S. SEC.
XRP's price action has been lackluster recently, despite the U.S. Securities and Exchange Commission (SEC) officially acknowledging Bitwise's application for an XRP exchange-traded fund (ETF). This recognition by the SEC was seen as a significant milestone for XRP holders and investors who hoped for more institutional adoption of the cryptocurrency.
Braza, a financial technology group, has disclosed that it will release a new stablecoin associated with Brazilian Real and run it on the XRP Ledger (XRPL). The digital asset is likely to be out in the market by the first quarter of this year as part of the firm's Braza On app.
Hashdex has secured approval from Brazil's Securities and Exchange Commission to launch the world's first spot XRP ETF, offering investors direct exposure to XRP via Brazil's B3 stock exchange. The approval could pave the way for further crypto ETFs and signals growing institutional interest in digital assets. The post Brazil Approves World's First Spot XRP ETF by Hashdex appeared first on Cryptonews.
