Former Ripple director Sean McBride recently weighed in on the ongoing Ripple-SEC case, suggesting that a resolution could come soon. When asked if he thought the SEC would settle with Ripple soon, McBride responded on social media, stating that the case should either be dismissed or settled within the week.
Etherealize, backed by Vitalik Buterin and the Ethereum Foundation, aims to make Ethereum the top blockchain for Wall Street.
Ethereum has been consolidating in a tight price range for several months, trading between $3,200 and $3,500. Despite the broader market's recent upward movement, ETH still struggles to break out of this range.
Cryptocurrency enthusiasts and investors have been buzzing about XRP's potential to reach new price heights, with some predicting that the digital asset could soon enter double-digit territory. According to highly regarded crypto analyst “CasiTrades,” the path ahead for XRP is looking increasingly promising, with little resistance standing between the current price and potential all-time highs.
XRP price struggled to continue higher above the $3.30 level. The price is now correcting gains and might find bids near the $3.00 level.
After a leaked page detailed Solana and XRP futures on CME, a spokesperson confirmed that it was an early mock-up and no official plans have been finalized yet.
In the ongoing legal battle between the SEC and Ripple, a new development has emerged. Better Markets Inc., a nonprofit organization, has filed an amicus brief in support of the SEC.
The Ethereum blockchain's earnings from fees saw a 3% year-on-year rise from 2023 to 2024 despite the Dencun upgrade early last year, which reduced network fees.
While Bitcoin surged 160% over the past year, Ether only rose 40%. Ethereum faces competition and challenges in regaining momentum.
Ethereum price is struggling below the $3,400 resistance. ETH is showing a few bearish signs and might decline below the $3,150 support.
A screenshot of a beta page for XRP (XRP) and Solana (SOL) futures contracts was posted on X earlier on Wednesday.
XRP has experienced a 9% decline in value since it hit an all-time high of $3.41 on January 16, 2025. This drop is largely attributed to a significant increase in profit-taking activity among traders, putting pressure on the price.
OIG Report Sparks XRP Optimism: Alleged SEC conflicts of interest in Ripple case could force appeal withdrawal, boosting XRP price potential beyond $3.55.
Ripple (XRP) price consolidated above the $3 mark on Wednesday January 23, supported by bullish tailwinds from Trump's inauguration. With investors increasingly shifting coins into long-term storage, is XRP price could be on the verge of a major breakout towards $5?
Ethereum (ETH) whales have caught the attention of the market by accumulating 330,000 ETHworth approximately $1 billionover the past two weeks. Analysts speculate this could signal Ethereums potential to surpass the $5,000 price mark.
Ethereum (ETH) exchange-traded funds (ETFs) saw a remarkable surge in inflows on Monday, recording the highest daily inflow in 30 days, signaling strong institutional interest in the leading smart contract platform. Despite the increasing capital inflows, Ethereum's price remains stagnant, causing some market observers to speculate on potential price movements in the near future.
The cryptocurrency market is experiencing a downward trend. As of 8:30 AM on the 23rd, according to TokenPost Market, Bitcoin is trading at $103,882 (approximately 149.13 million KRW), down 1.99% from the previous day.
Will Ethereum's push for staking revenue reshape its future, or is it too late?
Ripple's native token, XRP, has reached a significant adoption milestone, marking its continued rise in the cryptocurrency market. Over the past year, the number of XRP wallets has surged by approximately one million, pushing the total count to over six million wallets.
Given that the asset is on the verge of marking a lower high, XRP's recent bullish rally is about to face a crucial turning point. This possible development may indicate that the current bull run is coming to an end, which will worry investors who have seen a notable upswing in the last few months.
The XRP price is on track for significant growth, with experts forecasting $18 by March. Ripple's ongoing adoption and regulatory developments fuel this momentum. However, while the XRP price shows promise, a new player, RCO Finance, is drawing attention with its potential to deliver 30,000x gains faster than Ripple.
CME Group is potentially preparing to launch futures contracts for Solana (SOL) and XRP, based on reports and images shared on social media on Jan. 22.
Non-profit, financial markets based organization Better Markets has filed an Amicus brief in support of the United States Securities and Exchange Commission (SEC) in its ongoing lawsuit with Ripple Labs Inc. Per the filing, the company shared three unique arguments to back its claims that XRP sold the blockchain payments firm satisfies the Howey test.
The Chicago Mercantile Exchange (CME) plans to launch futures trading for XRP and Solana (SOL) on February 10, pending regulatory approval, according to a Jan. 22nd X post by Bloomberg ETF analyst James Seyffart. The information comes from a staging version of CME's official website, which hinted at the upcoming release.
The Chicago Mercantile Exchange (CME) is reportedly preparing to introduce futures contracts for Solana and XRP. There's a potential launch date of February 10, contingent on regulatory approval.
Ethereum (ETH) has been underperforming in recent weeks, with its price action leaving investors disappointed following last week's flash crash and heightened volatility. Despite initial hopes for a recovery, ETH has struggled to regain momentum, trending downward since mid-December.
Numerous cohorts of Ethereum addresses added over 330,000 ETH in the last two weeks. Is this a sign that a $5,000 ETH price is in the making?
Solana price surged by another 5.6% as it reached $271 on Wednesday bringing its 10-day timeframe gains above. Market reports suggest the latest rally is linking to CME group listing SOL on the world's largest derivatives exchange.
Ripple's XRP has been experiencing increased activity among its largest investors, with whale deposits surging on Binance. As the broader crypto market faces uncertainty, all eyes are on whether these key holders are preparing to cash out or stay in for further gains.
Lido founder Konstantin Lomashuk shared an X profile called “Second Foundation,” which was created amid discussions about the effectiveness of the Ethereum Foundation's (EF) efforts for the ecosystem. However, Lomashuk clarified that no such entity has been created, and he would share his thoughts on the EF case soon.
A mysterious “Second Foundation” X account sparked debate about the past and future of the EF and the need to compete.
Pro-XRP attorney John Deaton recently outlined his vision for critical crypto policies that the White House Crypto Council should prioritize under President Donald Trump's administration. Deaton emphasized several key areas, including repealing SAB 121, establishing a strategic Bitcoin reserve (SBR), and reforming crypto tax policies.
The overall crypto market was experiencing some selling pressure on Wednesday after President Donald Trump's second day in office, which went without the new commander-in-chief mentioning crypto despite the industry's anticipation that he'd establish a strategic Bitcoin reserve on day one.
The potential launch of XRP and Solana futures on CME could enhance market liquidity and attract institutional investors, impacting crypto adoption. The post CME leak suggests XRP, Solana futures may debut on February 10 appeared first on Crypto Briefing.
According to the CME, 29.4 million crypto futures contracts were traded in 2024, valued at over $1.7 trillion in notional figures.
The CME's staging website indicated investors could soon access futures contracts for Solana and Ripple's XRP.
SOL also benefited from the same development.
XRP price has surged 17% in the last seven days and over 3% in the past 24 hours, reflecting strong recent performance. As the third-largest cryptocurrency behind Bitcoin (BTC) and Ethereum (ETH), XRP boasts a market capitalization nearing $185 billion.
Lido's Konstantin Lomashuk said "no actual second foundation has been created yet," following rumors of a splinter organization.
New data from crypto analytics platform Arkham reveals that President Donald Trump's decentralized finance (DeFi) platform has become a top 0.1% holder of staked Ethereum (stETH) after gobbling up tens of millions of dollars worth of ETH.
Solana's DEX volume ratio compared to Ethereum has reached an unprecedented 268% in January.
For the past few days, XRP, the native token of Ripple Labs, has been struggling to gain momentum, and data suggests it is likely to continue struggling in the coming days. This negative speculation is based on the recent activity of investors and long-term holders amid ongoing market uncertainty.
Cryptocurrency markets are trading lower on Wednesday as investors await Donald Trump's executive orders on crypto and his announcement regarding a strategic Bitcoin reserve. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $104,661.95 -2.3% Ethereum (CRYPTO: ETH) $3,266.86 -2% Solana (CRYPTO: SOL) $266.11 +5.4% XRP (CRYPTO: XRP) $3.24 +1.4% Dogecoin (CRYPTO: DOGE) $0.3614 -5.9% Shiba Inu (CRYPTO: SHIB) $0.00002042 -2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 9.6% and daily active addresses up by 1.95%.
American financial services giant, CME Group is making moves to launch an XRP and Solana Futures Exchange Traded Fund (ETF) in the United States. According to circulating report, the CME Group has launched a dedicated page for these new products, highlighting the contract specifications.
In a now deleted "staging subdomain" page CME reported to have said futures contracts for XRP and SOL will go live on Feb. 10.
Chicago-based futures giant CME is launching XRP and SOL futures, pushing these tokens further into the mainstream.
Toncoin's normalized risk has entered a low-risk area, signaling a buying zone.
Futures trading for XRP and SOL will go live on the CME on Feb. 10, pending regualrtoy approval, according to the CME Group's staging website.