XRP is showing a modest 5% increase, currently trading at $2.50. While this growth isn't massive, it comes alongside some major announcements from Ripple that could drive further momentum. Ripple's president, Monica Long, recently shared exciting updates on X, revealing two key expansions that aim to boost Ripple's global payments network.
Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple's XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed.
"Not because it has to happen in that order, but because the ETFs will just take longer to dot the i's and cross the t's," Jeremy Hogan stated.
Recently, Ripple CEO boasted that the approval of an XRP ETF is simply inevitable. Notably, Polymarket bettors also think that there is at least an 81% chance for an XRP ETF proposal to receive its approval this year. However, a research, led by renowned ETF analyst Eric Balchuas, suggests a different view.
Investing in cryptocurrency is not for the faint of heart. Although it is possible to make money in cryptocurrency, analyzing this industry requires much more due diligence and risk tolerance compared to picking stocks.
XRP shows recovery momentum above $2.40, breaking through a bearish trend line with key resistance levels ahead at $2.50 and $2.60, while maintaining support above the 100-hourly Simple Moving Average.
Bloomberg analysts have revealed their approval odds for altcoin ETFs. Litecoin ETFs have a 90% chance of approval, while XRP ETFs have the lowest approval odds.
XRP is stuck in a tight range. Is this the dip worth buying - or just another temporary blip?
The popular crypto wallet now supports XRPL tokens. This allows users to send, receive, and manage tokens issued on the XRP Ledger (XRPL) in addition to the native XRP coin.
The long-running XRP lawsuit has been on the investors' radar with many speculating on its potential impact on the XRP ETF approval approval. However, a top lawyer cleared doubts revealing that the Ripple Vs SEC case is unlikely to impact the approval procedure citing several reasons.
As the old adage goes, there's never a dull moment in crypto. In this vein, the last few months have seen the industry's landscape change dramatically,
Ripple president Monica Long has made a major announcement on her official page on the X social media platform (widely famous as Twitter in the past). This announcement was related to the new strategic partnership of Ripple announced on Monday.
Ripple is making a major push in global remittances through its latest partnership with Unicâmbio, one of Portugal's leading foreign exchange providers. By integrating Ripple Pay and the XRP Ledger, the collaboration aims to revolutionise money transfers between Brazil and Portugal, a corridor responsible for an estimated $5.3 billion in annual remittance flows.
XRP has faced a significant challenge, experiencing a sharp 25% drop in price within just one week. Although it has made attempts at recovery, the altcoin has yet to fully regain investor confidence.
There's a 90% chance Litecoin ETFs are approved, followed by 75% odds for a dogecoin ETF.
The joint motion may set a precedent for resolving SEC cases, potentially leading to regulatory clarity and proactive policy development. The post Binance, SEC's joint motion signals possible case resolution, Ripple and Coinbase may follow suit appeared first on Crypto Briefing.
Bloomberg ETF analyst James Seyffart says the SEC will officially acknowledge XRP and Dogecoin ETF applications this week. The post SEC Likely to Acknowledge XRP and Dogecoin ETF Applications This Week: Analyst appeared first on Cryptonews.
Eric Balchunas, Bloomberg's senior ETF analyst, and his team have estimated the approval odds of several altcoin ETFs.
The cryptocurrency market is currently trying to bounce back after experiencing a minor dip. Bitcoin is currently trying to rise above the $99,000 levels and is up by more than one percent in the last 24 hours. Cardano has climbed by more than 9% in the last 24 hours and Dogecoin has also gained 4%.
XRP price tested the $2.280 zone and recently corrected some losses. The price is now facing hurdles near the $2.50 and $2.60 levels.
Legal expert Jeremy Hogan presented a speculative argument about the potential role of XRP in the United States' digital asset reserve. The suggestion comes at a time when discussions around the government's potential involvement in cryptocurrency assets are gaining traction.
Nasdaq is seeking SEC approval to list the Coinshares XRP ETF, arguing that XRP's deep liquidity and decentralized structure reduce manipulation risks. Nasdaq Seeks SEC Approval for Coinshares XRP ETF The Nasdaq Stock Market LLC has submitted a proposal to the U.S.
NYSE Arca has filed for a Cardano ETF on behalf of Grayscale, which already operates Bitcoin and Ethereum funds—and hopes to launch more.
Ripple's legal battle with the SEC drags on as market watchers eye Paul Atkins' confirmation. Will regulatory clarity boost XRP's price?
Bloomberg ETF analysts Eric Balchunas and James Seyffart have released their latest approval odds for spot altcoin exchange-traded funds (ETFs) in 2025, with XRP receiving the lowest probability.
Analysts James Seyffart and Eric Balchunas assessed the likelihood of the SEC approving various ETF products. They claimed that a Litecoin ETF is most likely but gave a few unexpected predictions.
Ripple expands in Europe, bringing instant, low-cost blockchain payments to Portugal and revolutionizing transfers on the Portugal-Brazil corridor. Ripple's European Footprint Grows—First Ever Launch of Its Payments Solution in Portugal Ripple announced a partnership with Unicâmbio, a Portuguese currency exchange provider, on Feb.
Top ETF analysts envision an uncertain future for the XRP ETF prospects due to the asset's troubled history under the previous SEC leadership.
The cryptocurrency market continues to evolve, XRP stands on the brink of significant developments. With Bitcoin and Ethereum leading the charge in the realm of spot exchange-traded funds (ETFs), rumors are intensifying that XRP may soon follow suit.
Ripple (XRP) price price punched above the $2.40 mark on Monday February 10, buoyed by renewed market sentiment after a week of volatility from the US-China trade war. On-chain data shows an unusual increase in new XRP wallets created since the US Securities Exchange Commission (SEC) dropped all charges against Ripple in mid-January.
XRP spot ETFs just got hit with bad odds. Bloomberg ETF analysts James Seyffart and Eric Balchunas analyzed the current filings for crypto spot ETFs today and gave XRP a 65% chance of getting approved by the SEC, which is the lowest among the bunch.
Bloomberg analysts James Seyffart and Eric Balchunas have revealed their predictions for the Solana, XRP, Dogecoin, and Litecoin ETFs. As part of their predictions, they outlined the approval odds for each of these crypto ETFs.
The potential approval of a Litecoin ETF could accelerate mainstream adoption of crypto assets, influencing regulatory frameworks globally. The post DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts appeared first on Crypto Briefing.
The analysts estimate that Litecoin ETFs filed by Canary and Grayscale have the highest chance of approval.
The U.S. Securities and Exchange Commission could acknowledge the spot exchange-traded fund filing for XRP and Dogecoin as soon as this week. SEC's latest major move was the acknowledgement of the amended Solana (SOL) ETF application by Grayscale.
Cryptocurrency markets are trading slightly up on Monday, with speculation surrounding the odds for the approval of altcoin ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,303.56 +1.1% Ethereum (CRYPTO: ETH) $2,672.76 +1.4% Solana (CRYPTO: SOL) $202.19 +0.99% XRP (CRYPTO: XRP) $2.43 +0.9% Dogecoin (CRYPTO: DOGE) $0.2538 +1% Shiba Inu (CRYPTO: SHIB) $0.00001584 +0.99% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 0.8% and daily active addresses down by 2.5%.
Blockchain company Ripple has launched a partnership with Portuguese currency exchange provider Unicâmbio. The collaboration, announced Monday (Feb. 10), is designed to support instant cross-border payments between Portugal and Brazil through Ripple Payments, the company's digital-asset-focused cross-border payments system.
As anticipation builds for the XRP ETF launch, the crypto community is equally eager for the Ripple lawsuit settlement. While these monumental events are poised to revolutionize the crypto landscape, their arrival timeline remains shrouded in uncertainty.
Barstool Sports founder Dave Portnoy is doubling down on his commitment to the meme coin Stool Prisondente (CRYPTO: JAILSTOOL), even as traders question its future. What Happened: Portnoy, who initially invested hundreds of thousands of dollars in the token, insists he remains committed, despite the coin's struggles.
Ripple is partnering with Unicâmbio to transform cross-border payments between Portugal and Brazil. Unicâmbio, a Portuguese currency exchange provider, will use Ripple Pay to make business faster and easier.
XRP, the native token of Ripple Labs, is gaining notable attention from traders despite ongoing market uncertainty, making it appear more bullish compared to other assets. Today, February 10, 2025, the overall cryptocurrency market is showing signs of price recovery, and traders seem to be finding better opportunities in the XRP token.
XRP price plummeted alongside the broader crypto market but has maintained slight gains in the last seven days. This weekly flow remains a positive spark for retail investors to rally around the asset as sell pressure weakens.
XRP price has moved just 2% over the last seven days, struggling to sustain levels above $2.50 in recent days. Its market cap has now fallen to $140 billion, and its trading volume is up 47% in the last 24 hours, reaching $5.6 billion.
Litecoin (LTC) price shot up a staggering 9% in the past day as the cryptocurrency reclaimed the 20-day EMA.
Ripple disclosed a new partnership with Portuguese currency exchange provider Unicâmbio today. The collaboration, announced on February 10, 2025, will extend the company's crypto-enabled payments solution to Portugal for the first time—particularly aimed at facilitating more seamless transactions between Portuguese and Brazilian markets.
"A sweep at around $2.10 would be an ideal area to do some business," one analyst assumed.
As Bitcoin and Ethereum lead the charge with spot ETFs, XRP may be the next cryptocurrency to follow suit. With increasing institutional interest and a growing number of asset managers filing ETF applications, the buzz around an XRP ETF is intensifying.