The U.S. Securities and Exchange Commission (SEC) says it needs additional time to decide on the crypto investment manager Grayscale's proposal to launch an XRP exchange-traded fund (ETF).
The Cboe BZX Exchange proposed a rule change with the U.S. SEC on behalf of Invesco Galaxy seeking the approval for in-kind creation and redemption of Invesco Galaxy's Bitcoin and Ethereum ETF shares. The public has been invited to give feedback on the matter as the U.S. SEC reviews Cboe's proposed rule change.
The price of the third largest cryptocurrency, XRP, is showing some pretty positive action today, rising nearly 4% over the course of the trading session. Considering that this comes amid Bitcoin's rejection of the 200-day moving average and the price of the major cryptocurrency losing as much as 2.5%, the strength in XRP and increased buying activity is evident.
TL;DR Ripple has obtained a license to operate in the Dubai International Financial Centre (DIFC), making it the first blockchain-based payment company to receive authorization from the Dubai Financial Services Authority (DFSA).
Bitcoin, Ethereum, and XRP maintain their gains after a highly volatile session driven by the latest U.S. CPI report. The inflation data showed a slight decline, fueling expectations that the Federal Reserve may pivot sooner than expected.
It is not every day that 200 million XRP - that is about $457.39 million - disappears from a Ripple wallet and mysteriously reappears somewhere. But that is exactly what happened today, when Whale Alert spotted it and sent the crypto community into a whirlwind of speculation, questions and theories.
The competition for an XRP exchange-traded fund (ETF) is heating up as Franklin Templeton, a major Wall Street firm managing about $1.5 trillion in assets, moves forward with its application.
Ethereum (ETH) is facing significant selling pressure, trading below the $1,900 mark as market uncertainty continues to weigh on price action. After losing the critical $2,000 level, ETH plunged as low as $1,750, marking its lowest point since October 2023.
A leveraged Ethereum trade on Hyperliquid resulted in a rare outcome where a whale secured profits despite being liquidated, while the platform's liquidity pool absorbed a multi-million dollar loss.
Due to Ethereum's protracted decline, there has been a lot of conjecture regarding its long-term sustainability. Nevertheless, leading analyst Chris Burniske thinks that reports of Ethereum's demise are wildly inflated despite the pessimism.
If the price of Ether (ETH) falls by a further 20%, the price decline could trigger a cascade of up to $336 million in decentralized finance (DeFi) liquidations, according to Kevin Rusher, founder of the real-world asset (RWA) lending platform RAAC.The executive warned that a decline to $1,857 would trigger $136 million in liquidations, and a price drop to $1,780 could potentially trigger an additional $117 million in loan liquidations — making these the next price levels to watch. Rusher added that the worst-case scenario would be a 20% drop in ETH's price to around the $1,500 price level, which could liquidate $336 million in DeFi loans, sending the markets tumbling.
Franklin Templeton has filed to launch an exchange-traded fund based on Ripple's XRP, joining Bitwise, Canary Capital, and others in the XRP ETF race. Franklin Templeton has filed to launch Ripple (XRP) ETFs, tracking its spot price minus fees.
An address associated with Ripple Labs has transferred $457 million XRP to an unknown wallet in a potential market-shifting move. While the movement has piqued the curiosity of analysts, there is speculation that it is connected to an SEC settlement.
The cryptocurrency market is showing signs of recovery, with Bitcoin trading above $83,000. As Ethereum's value plummets by 60%, Solana rivals are gaining attention.
In a possible turning point for the XRP lawsuit, Fox Business journalist Eleanor Terrett reported on Wednesday that the US Securities and Exchange Commission (SEC) and Ripple might soon reach an agreement. “Two well-placed sources tell me that the SEC vs.
TL;DR Franklin Templeton seeks to expand its crypto offerings with the filing of an XRP-based ETF, reflecting the growing institutional interest in digital assets beyond Bitcoin and Ethereum. The XRP ETF will be listed on the CBOE BZX Exchange and will have Coinbase Custody as the asset custodian, providing greater accessibility for traditional investors.
The long-running legal battle between Ripple and the SEC may finally be reaching its end—but not in the way many expected. While both sides have fought for years, a recent discussion among legal experts suggests that a quiet settlement may already be in place, keeping the details hidden from public view.
The long-running legal tussle between Ripple and the US Securities and Exchange Commission (SEC) is dragging into overtime. The case is reportedly getting into a last-minute fight as both parties should be deciding over the terms.
Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano.
Financial markets have their own memory, and cryptocurrencies are no exception. Thus, when an asset shows alarming similarities to a past crash, analysts sound the alarm.
Pro-XRP lawyer John Deaton has stated that it's irresponsible for financial advisors to recommend zero exposure to Bitcoin given the current prices.
The whale that saddled Hyperliquid with $4M in toxic debt is back, opening a long position on Ethereum (ETH) and going short on Bitcoin (BTC).
Lazarus Group laundered $750K through Tornado Cash on March 13. New BeaverTail malware targets Solana and Exodus wallets.
Regulatory green light sets the stage for blockchain payment growth in the Middle East.
The Pectra upgrade, the biggest update on Ethereum since The Merge, went live on February 24 after being postponed earlier in the year.
The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.
Ripple (CRYPTO: XRP) on Thursday announced it has secured authorization from the Dubai Financial Services Authority (DFSA) to deliver regulated cryptocurrency payment services within the Dubai International Finance Centre (DIFC), becoming the first entity of its kind to achieve this status in the region. What Happened: The decision comes as Ripple navigates a potential resolution to its long-standing legal battle with the U.S. Securities and Exchange Commission.
Chinese crypto journalist that covers everything to do with the blockchain and cryptocurrency spheres, Colin Wu, has reported that the CBOE BZX exchange based in Chicago has filed a submission to the SEC on behalf of Franklin Templeton to trade its XRP exchange-traded fund.
Ripple has received approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services in the UAE. This milestone makes Ripple the first blockchain-powered payments provider licensed by the DFSA.
Ripple has secured its first regulatory approval for payment services in the Middle East from the DFSA. With this license, Ripple becomes the first blockchain-based payment provider authorized to operate within the DIFC.
With on-chain metrics showing a 90% decline in payment volume, the recent market activity surrounding XRP has certainly been worrisome. Its short-term outlook is further clouded by the fact that this sharp decline occurs during a time of price volatility for the asset.
Ethereum's price has been going through a horrifying crash, as the second largest crypto has lost more than half of its value over the past few months.
This marks a significant milestone in the growing trend of crypto ETFs. It could also pave the way for more traditional financial institutions to embrace digital assets.
The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.
Lazarus arises! The North Korean hacking group has been more than a little busy recently.
The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum's most significant network improvements.On March 13, 2024, Ethereum's Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb upgrade on the consensus layer.
The ETH/BTC ratio has hit a five-year low, and crypto traders are paying attention. Historically, when Ethereum weakened against Bitcoin, a massive altcoin season followed.
XRP is currently trading at $2.27 to $2.32 over the past hour, with a market capitalization of $131 billion and a 24-hour trading volume of $4.82 billion, moving within an intraday range of $2.14 to $2.
Donald Trump's tariffs and their uncertainties have led to higher odds of a recession in the US and other countries. PIMCO analysts have boosted their recession odds to 35%, and the Atlanta FedNow tool estimates that the economy will contract in Q1.
Binance CEO Richard Teng on Thursday expressed optimism that the pro-cryptocurrency policies introduced by U.S. President Donald Trump will inspire a wave of similar regulatory shifts worldwide. What Happened: Speaking at the CONVERGE LIVE event in Singapore on Thursday, Teng highlighted a dramatic change in the global financial landscape, noting that the United States, the world's largest economy, is now openly supporting digital currencies after years of regulatory uncertainty and skepticism under the previous administration.
The notorious Lazarus Group continues moving the crypto funds it has stolen in recent exploits. Now, the alleged North Korean hackers are targeting crypto execs via Zoom. The post Lazarus Group Deposits 400 ETH to Tornado Cash, Hackers Target Crypto Vets on Zoom appeared first on Cryptonews.
Ethereum has faced record active selling over the past 3 months, per a CryptoQuant report.
The move signals growing institutional interest in diversifying crypto investment options, potentially boosting XRP's market legitimacy. The post Cboe files 19b-4 form for XRP spot ETF from Franklin Templeton appeared first on Crypto Briefing.
Financial markets have their own memory, and cryptocurrencies are no exception. Thus, when an asset shows troubling similarities to a past crash, analysts go on alert.
Ethereum's current price level is historically oversold which is similar to past moments that triggered major rallies.
Ripple has secured regulatory approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services within the Dubai International Finance Centre (DIFC). Announced on March 13, 2025, this authorization makes Ripple the first blockchain-enabled payments provider to obtain a license from the DFSA.
Ethereum (ETH) has dropped 45% YTD, but historical trends and technical support suggest a potential bullish reversal toward $10,000 as Fed rate cuts loom.
XRP price has recorded a surge of over 4% today, indicating a positive momentum hovering in the broader crypto market. Besides, a flurry of recent market trends indicates that Ripple's native asset might continue its rally in the coming days.