TL;DR DeFi Technologies launches the first Dogecoin ETP in the Nordic countries, offering investors an easier way to access the asset. The Valour Dogecoin (DOGE) SEK ETP is available on Sweden's Spotlight Stock Market and carries a 1.9% management fee.
Charles Hoskinson, the founder of Cardano, has publicly criticized the Wyoming Stable Token Commission's recent blockchain network selections for the state's upcoming stablecoin, the Wyoming Stable Token (WST). In a livestream titled “XRP and Wyoming” broadcasted on November 25, 2024, Hoskinson questioned the commission's opaque selection process and raised concerns about potential conflicts of interest.
XRP has gained significant momentum following a multi-week rally, driven by major catalysts such as Donald Trump's re-election and the announcement of SEC Chair Gary Gensler's resignation.
The latest filing by another major asset manager edges the once-distant vision closer to fruition.
A majority of pro-crypto or crypto-neutral candidates won their races in 2024, many of whom were supported by media buys from PACs like Fairshake.
In a recent press release, the SEC Announces Enforcement Results for Fiscal Year 2024, disclosing that it filed 583 total enforcement actions in fiscal year 2024 while obtaining orders for $8.2 billion in financial remedies, which is the highest amount in the history of the SEC.
Will this partnership signal a new era of blockchain finance?
Dogecoin (DOGE) price hit its highest level since 2021 on November 23 but has since entered a correction, dropping 12% in the last 24 hours. The Ichimoku Cloud, DMI, and EMA indicators all point to growing bearish momentum, with DOGE trading below critical levels and showing signs of weakening upward pressure.
Crypto to Buy Now: After a notable upside rally, the overall cryptocurrency market appears to be correcting. Today, November 26, 2024, the top cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and several others have reported significant price declines.
Since the beginning of November, the price of XRP has risen over 220% at its peak, and the token itself has become extremely popular and talked about again. After finding its peak at $1.634, XRP reached highs not seen since May 2021 and then, as expected, began to correct, where it now trades at $1.367, 16.54% below its local high, according to the Bitstamp exchange.
DeFi Technologies, a publicly traded Canadian firm, has announced the launch of its subsidiary Valour Inc.'s new product—the Valour Dogecoin (DOGE) ETP—on the Sweden-based Spotlight Stock Market, according to a Nov. 26 statement.
Dogecoin (DOGE), the largest meme coin, has set a record for network activity, with 60.9 billion tokens shifted by large investors in 24 hours. Such intense movement usually indicates increased interest from large investors, often called whales, in anticipation of bullish momentum.
According to a report from Whale Alert, nearly 18.81 million XRP, which is practically equivalent to $25.03 million, have been transferred from the platform of the world's largest crypto exchange to an unknown destination.
Ripple CEO Brad Garlinghouse recently announced that his company is contributing another sum to the pro-crypto political action committee (PAC). Garlinghouse elaborated on the reason for this move as the crypto community prepares for the 2026 mid-term elections.
Gary Gensler, the Chairman of the U.S. Securities and Exchange Commission (SEC), announced his resignation, a move that many in the cryptocurrency community, particularly XRP holders, had been waiting for. This news caused XRP's price to surge massively in just a few hours, reaching a high of $1.51, the highest since May 2021.
Ripple CTO David Schwartz has addressed concerns over a recent XRP Ledger incident, which saw nodes halting or not making progress for a brief period on the network.
XRP Ledger has bagged a new update that can significantly improve scalability and overall performance.
XRP Ledger has introduced a significant update with the release of version 2.3.0 of its reference server implementation, rippled. This major release brings a host of new features and improvements aimed at enhancing the functionality and stability of the XRP Ledger.
Amid the ongoing regulatory tensions, Ripple continues to expand its influence within the financial technology space.
Binance founder and former CEO Changpeng Zhao on Tuesday voiced concerns about the current state of meme coins, calling their proliferation “a little weird.” What Happened: In a tweet, Zhao clarified he isn't against memes but urged the crypto community to focus on building meaningful blockchain applications.
Dogecoin Soars on Trump's Presidency Win. Here's Why That's Not Just a Fad.
As United States Securities and Exchange Commission (SEC) Chairman Gary Gensler prepares to depart the Commission, spot XRP exchange-traded funds (ETFs) applications are piling up.
The crypto market has entered a correction phase, according to CoinMarketCap.
Dogecoin futures hit an all-time high in open interest at $4 billion, highlighting a surge in speculative activity.
Bitcoin's recent sell-off has affect, Dogecoin leading to a 21% crash. Regardless, the long-term outlook remains bullish, which leads many to believe that the Dogecoin price could be on a path to retest $1 this year.
WisdomTree has entered the competition for an XRP-based ETF, joining firms like Bitwise, 21Shares, and Canary Capital, all of which have filed similar proposals.
"I've been an XRP holder for a while, just not super vocal about it," the golf influencer said.
Archax, a UK-regulated digital asset exchange, broker, and custodian, has collaborated with Ripple Labs to tokenize a money market fund managed by abrdn on the XRP Ledger (XRPL).
XRP Ledger (XRPL) developers have rolled out a new server update to address a recent temporary outage that disrupted node operations. Network outage On Nov. 25, XRPL experienced a partial network outage that impacted several node types, including Full History, Current Ledger, Pathfinding, and Submission nodes.
Ripple (XRP) sellers appear to have outpaced the pressure previously put up by bulls, BeInCrypto observed. Over the last 30 days, XRP's price has increased by 177%, driven by several factors, and has put bears on the back foot.
Dogecoin (CRYPTO: DOGE) is down 11.5% over the past 24 hours, yet traders remain optimistic about its long-term prospects. What Happened: Despite ‘Dogecoin superfan' Elon Musk on Monday humorously tweeting that "DOGE is inevitable," the apex meme coin has found itself at the receiving end of a market correction.
Too much leverage has led to an inevitable pause in the crypto market, but this is largely seen as a healthy correction, analysts argued.
Dogecoin (DOGE) has made significant progress, breaking through the $0.18 and $0.20 resistance levels twice. The cryptocurrency rose to a high of $0.478 before falling back.
The price of Dogecoin has plunged by 12% today, yet analysts are predicting that it will soon break out towards $0.82. The post Analyst Predicts Dogecoin ‘Cup And Handle' Formation Could Propel it to $0.82 In December, Support Remains At $0.37 appeared first on Cryptonews.
Ripple CLO Stuart Alderoty slammed the U.S. Securities and Exchange Commission (SEC) for bragging about enforcement actions and raising record fines. Stuart Alderoty has challenged the bragging rights of the US SEC, highlighting the flawed approach the government agency has taken in lawsuits.
Ripple and Archax launched the first-ever tokenized fund on XRP Ledger (XRPL). This groundbreaking move is due to Abrdn's $3.8 billion US Dollar Liquidity Fund.
Veteran Wall Street investor Warren Buffett is known for his unabashed takes on cryptocurrencies and has never shied away from voicing his disapproval in the harshest terms possible. What happened: Buffett has made Berkshire Hathaway into one of the world's most valuable corporations through a succession of acquisitions and investments over the years, becoming one of the most followed stock investors globally.
The Delaware filing marks only the beginning for WisdomTree, which must submit an S-1 registration to the SEC.
Dogecoin trading volume hit a record $4.06 billion in open interest as Elon Musk prepares to lead a new government department while planning payment integration for X platform, though the price has retreated from recent three-year highs.
The resignation of Gary Gensler as the Chair of the US Securities and Exchange Commission (SEC), effective January 20th -the same day President-elect Donald Trump is set to be inaugurated – is set to be a monumental day for the XRP community. In his latest video, crypto analyst Rodney (@cryptojourneyrs) shared an analysis of the price potential in the post-Gensler era.
XRP maintains position above $1.45 while forming a contracting triangle pattern, with bulls eyeing a potential breakthrough above the $1.50 resistance level.
A closely followed crypto analyst thinks that payments-focused altcoin XRP is in a strong position to witness bullish continuation. Pseudonymous analyst Credible tells his 439,700 followers on the social media platform X that XRP looks ready for renewed rallies after holding its immediate support at $1.35.
Ripple's XRP has seen an upward swing, gaining over 3% in the past 24 hours, trading at levels just shy of $1.50. The recent price action reflects cautious optimism among traders as XRP consolidates within a critical range.
Ripple's XRP has been one of the top performers during the ongoing bullish rally across the cryptocurrency market. In the last 30 days, XRP has gained by 184%, with its market capitalization increasing threefold from $29 billion to $83 billion.
WisdomTree, a prominent New York-based asset management firm overseeing $113 billion in assets, has filed for an XRP exchange-traded fund (ETF) with Delaware authorities.
XRP price has captured significant attention this month, rallying beyond $1.4 and securing impressive market momentum. The cryptocurrency's value has surged over 177%, driven by broader market gains and renewed investor interest.
Dogecoin (DOGE) is making headlines with an impressive rally, trading at $0.3975, up 1.17% in the past 24 hours. The cryptocurrency has surged over 150% in the past month, fueled by increased market optimism and Elon Musk's influence on social media.
XRP has experienced significant growth, climbing above the $1 mark in November, thanks to a broader market rally. This surge has ignite hope among investors, positioning Ripple's token as a strong player in the recovering cryptocurrency landscape.