XRP price has newfound upside momentum with an underlying high volatility that could flip the $1.50 level into support.

The XRP price is consolidating just below the $1.4 mark, but the technical structure continues to show bullish strength. Interestingly, XRP has been down by about 4.35% in the past 24 hours, reaching a 24-hour low of $1.296, according to Coinmarketcap data.

In a notable development for the crypto sector, a U.S. appeals court has ruled that the U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), overstepped its authority when it imposed sanctions on the notorious cryptocurrency mixer Tornado Cash.

Ripple's native cryptocurrency, XRP, has been the talk of the crypto world this November, rallying an astonishing 200% to challenge its key resistance at $1.6. This exceptional growth outshone most of the top cryptocurrencies, with Ethereum, for instance, managing a relatively modest 50% gain during the same period.

XRP long-term holders made a weekly gain of $1.5B in profits, while Ripple Labs injects $25 million in the next U.S. election cycle. Plus, Tornado Cash wins a major legal victory and Morocco is preparing to legalize cryptocurrencies.

Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.

Northern Data AG, a software company in Frankfurt, Germany, is nearing an agreement to sell its crypto mining operations as per the latest Bloomberg report. This move comes as the company looks to capitalize on November's Bitcoin rally.

The SECs long-running lawsuit against Ripple may be nearing an end, hinted former CFTC chair Chris Giancarlo. With SEC head Gary Gensler stepping down and predictions of a crypto-friendly successor, the legal saga gripping the crypto world could soon conclude.

USDT issuer Tether has halted support for EURT, its euro-tied stablecoin. Meanwhile, regulatory changes as the European Union embraced the inclusive MiCA regulatory framework triggered Tether's decision. Tether highlighted that it ceased minting EURT, and holders should redeem the assets by 27 November 2025.

Some popular analysts believe XRP could soon rise to $2.

Blockchain payments firm Ripple (CRYPTO: XRP) on Wednesday announced plans to invest in the newly rebranded Bitwise Physical XRP ETP. The ETP, which is backed by XRP, is part of a broader rebranding effort by Bitwise Asset Management to enhance its European product suite.

Tether, the issuer of the largest stablecoin in the world, USD₮, has announced an important decision: to discontinue support for EUR₮, the stablecoin pegged to the euro. This marks a crucial moment in the cryptocurrency sector and raises questions about the future of stablecoins linked to fiat currencies other than the dollar.

Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), predicted that the U.S. Securities and Exchange Commission (SEC) would drop the case against Ripple during a recent appearance on Fox Business.

Ripple, the blockchain giant, is backing Bitwise Asset Management's revamped Physical XRP ETP, now trading under the ticker GXRP. The rebranding is part of Bitwise's overhaul of its European product line following its August acquisition of the ETC Group.

Tether, the biggest stablecoin provider, has declared that it will no longer provide support for its euro-backed stablecoin, EURT. The company, however, noted that it had stopped minting EURT in 2022 and that holders of the token should redeem it by November 27, 2025.

In an interview with FOX Business on Tuesday, former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, a leading contender for the role of White House “crypto czar” in the second Trump administration, expressed his belief that the Securities and Exchange Commission (SEC) will drop its case against Ripple Labs.

XRP could crash by 25% in the worst case scenario, particularly due to its overbought conditions that have preceded similar price crashes.

CEO Paolo Ardoino said Tether Investments is already working with some of the sector's largest commodities traders.

TL;DR Tether will discontinue its euro-pegged stablecoin, EURT, by the end of 2025, in response to regulations in Europe, specifically the MiCA framework. Holders must redeem their EURT before November 27, 2025. Tether is focusing on new projects such as EURQ and USDQ, designed to comply with MiCA, and is promoting its Hadron platform.

Stablecoin issuer Tether announced plans to end support for its Euro-pegged stablecoin, EURt, in a Nov. 27 statement. The company stated it had ceased minting new EURt tokens, with the last issuance request processed in 2022.

Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests.

XRP news today is affecting its price, and listing it among the top trending cryptos. Here is the latest XRP price prediction.

Stablecoin issuer Tether has announced that it will no longer issue its euro-backed EURT token amid regulatory challenges in Europe.

Popular FinTech firm Ripple is set to invest in the exchange-traded product (ETP) offered by Bitwise and offering investors exposure to the native token of the XRP Ledger, XRP, the Bitwise Physical XRP ETF, which recently rebranded from ETC Group Physical XRP.

Ripple's recent price action reflects a state of indecision following a rejection at the $1.6 resistance level. The market is currently undergoing a low-volatility consolidation phase, signaling a potential continuation of the corrective stage in the short term.

Bitwise Asset Management has rebranded its European XRP exchange-traded product to the Bitwise Physical XRP ETP (GXRP), with Ripple backing the initiative, enhancing its presence in Europe following the acquisition of ETC Group. The post Bitwise Rebrands XRP ETP with Ripple's Backing and Investment appeared first on Cryptonews.

Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.

Bitwise's XRP exchange-traded product (ETP) has undergone a rebranding, according to a Friday press release. It has now been renamed to the Bitwise Physical XRP ETP.

Tether, the prominent stablecoin issuer, is discontinuing EURT because of the EU's MiCA regulations. Nonetheless, the firm invested in other MiCA-compliant stablecoins and maintains revenue streams from the European market.

The XRP price has jumped higher today following an announcement that fintech firm Ripple plans to invest an unspecified amount in a newly rebranded Bitwise Physical XRP ETP (previously called the ETF Group Physical XRP).

XRP has bounced back after a recent pullback to the $1.25-$1.30 range, where it found strong support. The cryptocurrency is currently outperforming other major coins, signaling potential for future growth. XRP is currently up by more than seven percent in the last 24 hours and is trading near the $1.45 levels.

Tether requested customers holding the Euro stablecoin on all supported blockchains to redeem by Nov. 27, 2025.

TL;DR Ripple has announced an investment in the rebranding of Bitwise Physical XRP ETP, which has boosted the price of XRP by 5.8%, reaching $1.45. The rise in XRP's value reflects the growing interest of institutional investors in exchange-traded products (ETPs) related to cryptocurrencies.

XRP price mirrors its 2017 rally as bullish patterns and rising institutional interest suggest a breakout toward $2 and beyond.

Blockchain firm Ripple is among the four founding members of the newly incorporated XRP Ledger (XRPL) Foundation. Established on Nov. 26 in France, the organization aims to unify and govern the broader XRPL ecosystem.

Amidst expectations of a crypto-friendly government after Trump's victory, the cryptocurrency prices are soaring, and so is the demand for stablecoins. Strikingly, the overall value of the digital-assets market has risen by nearly a trillion dollars since the election.

Tether stablecoin EURT will be discontinued, with redemptions to be completed by November 27, 2025.

Tether, issuer of the world's largest stablecoin, said that it will stop supporting the euro-linked EURT stablecoin as part of a “strategic transition to prioritize community-driven blockchain support.” This decision came amid rising regulatory uncertainty in the EU's crypto market with the new MiCA rules.

Ripple's XRP is under close scrutiny as it trades below $1.40, down over 5% in the last 24 hours. The cryptocurrency, which briefly rallied to $1.51 following news of SEC Chair Gary Gensler's resignation, has since reversed course.

Tether's shift to MiCA-compliant stablecoins may reshape the stablecoin market, influencing regulatory strategies and innovation in the EU. The post Tether to end EURT support, focusing on MiCA-compliant stablecoins appeared first on Crypto Briefing.

Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.

Ripple backs Bitwise's rebranded XRP ETP, now called Bitwise Physical XRP ETP, to strengthen its presence in the European market.

XRP is currently consolidating after a sharp 20% retrace from its recent local high of $1.63, set last Saturday. Despite the pullback, XRP remains a strong contender in the market as it holds firm above critical demand levels, showcasing resilience amid broader market volatility.

XRP has recorded a massive uptick in the ongoing bullish run on the broader cryptocurrency market. Positive market sentiment has resurfaced, pushing XRP to breach three resistance levels of $1.20, $1.30 and $1.40.

Ripple will invest $5 million in tokens from Abrdn's Lux fund. This is part of a larger investment strategy by Ripple to support the tokenization of real-world assets on the XRP Ledger. The post Archax, Ripple Launch First Tokenized Money Market Fund on XRP Ledger appeared first on Cryptonews.

Ripple Labs has significantly improved the XRPL (XRP) ecosystem over the years, despite the legal hurdles in the United States. The blockchain payment company holds the largest share of XRP, through the escrow account, whereby the firm receives 1 billion units at the beginning of each month.

Ripple's investment in Bitwise's XRP ETP could boost crypto ETP demand, highlighting XRP's growing role in institutional finance. The post Ripple backs Bitwise Physical XRP ETP following its rebranding appeared first on Crypto Briefing.

In a latest development today, Bitwise Asset Management has announced that it has renamed its European XRP exchange-traded product as part of a broader rebranding of its European product suite.