Cardano (ADA), ranked the ninth largest cryptocurrency by market capitalization, has announced the release of Lace 1.17.5. This serves as a transformation to the Cardano light wallet.
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'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.
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.
Crypto market sentiment has shifted to altcoins, highlighted by a 13% jump in the ETH/BTC ratio, analysts said.
Cardano (ADA) price has surged 195.11% in the last 30 days, reflecting significant bullish momentum. However, key indicators like ADX and EMA lines suggest the current uptrend may be losing strength.
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.
Stellar Lumens (XLM) soared 372% this month but faces a 24% correction. Key levels could determine its next big move.
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.
The total value locked on the Cardano ecosystem has more than tripled in the past three weeks to hover about $604 million today.
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.
Cardano (ADA) whales bought over 130 million ADA during the recent price dip, according to prominent crypto analyst Ali Martinez. The price drop mentioned by the analyst occurred when the price of ADA dropped by almost 20% this week from Monday to Tuesday.
The XLM price staged a strong comeback on Nov. 27, forming a bullish engulfing candlestick pattern. Stellar (XLM), the second-largest payment-focused network after Ripple (XRP) surged to an intraday high of $0.5311.
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.
The Cardano network has reached a significant milestone by successfully deploying its first zero-knowledge (ZK) smart contract on the mainnet. This achievement utilizes the Plutus v3 ledger language, marking a step forward for the network's capabilities.
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.
Cardano (ADA) could see further upside above the $1 zone, with whale investors showing confidence in the coin through significant buying activity.
Cardano (ADA), one of the leading cryptocurrencies in the market, is currently trading below the crucial $1 mark. Over the past 24 hours, ADA's price has dropped by over 3%, reflecting growing uncertainty among investors.
Ripple's $25M pledge to Fairshake PAC boosts its efforts to influence crypto policy amid legal challenges with the SEC.
The announcement arrives as the "U.S. regulatory environment for crypto [is] finally becoming more clear," said Ripple CEO Brad Garlinghouse.
Story Highlights The Ripple price stabilizes above the $1.4 mark, indicating strong support. The technical indicators record increased volatility and eyes to retest higher price targets. A potential reversal could push the price toward the $2 mark this year. The XRP token has maintained its value above the psychological barrier of $1.4 this week.
In a political context where every dollar can influence the fate of a nation, Ripple, a giant in the blockchain field, has made a bold decision.
A pro-XRP lawyer lambasted SEC Chair Gary Gensler for not being fair with all cryptocurrency platforms, accusing Gensler of favoring some entities. The Securities and Exchange Commission official was scrutinized as his critics discovered that he had private meetings with the founder of an offshore crypto exchange.
Story Highlights The Stellar price has formed a bullish flag pattern in the daily time frame. Technical indicators maintain their bullish flow despite increased price volatility. A potential breakout could result in the XLM price testing its $1 mark. The Stellar price has recorded a strong bullish recovery around its $0.43 mark.
Bitwise Asset Management has announced the rebranding of its European XRP ETP (exchange-traded product). This is part of its broader strategy to strengthen its foothold in the crypto investment space.
Stellar (XLM) has consistently been a notable player in the cryptocurrency market, with its price remaining a topic of interest among investors. Currently priced at $0.46, the Stellar coin's performance has been a mixture of progress and setbacks.
Fairshake, which raised over $200 million in 2024 to become the most influential PAC of that election, is now setting its sights on 2026.
Bitwise said that it's planning to rebrand its entire European ETP portfolio as it expands its operations in Europe.
XRP price has sustained an upward trend, indicating strong bullish momentum despite a slight market correction. This surge aligns with broader market optimism, showcasing increased confidence in XRP.
Ripple's chief technology officer (CTO) David Schwartz has published a tweet, commenting on the big legal win scored by Tornado Cash against the US Treasury in court. Schwartz particularly commented on the US Treasury's claim that smart contracts are a service in this case.
The Market Value to Realized Value (MVRV) ratio surged to 217% on Tuesday, showing overbrought market activity. High profit-taking and an MVRV ratio indicating overvaluation could lead to a market correction.
With over $10 billion in client assets, Bitwise is reshaping institutional crypto investing, starting with the rebranded XRP ETP.
XRP has witnessed a surge in selling activity since it climbed to a three-year high of $1.63 on November 23. Currently trading at $1.41, the altcoin has since noted a 13% price dip.
As many may know, there were three main people behind the creation of XRP Ledger, XRP and Ripple: David Schwartz, Jed McCaleb and Arthur Britto. If the first two are well known and have an established media presence, the latter remains a rather mysterious person and is rarely in the spotlight.
The cryptocurrency market faces an absolute bloodbath, with Bitcoin (BTC) sliding toward the $90,000 mark as the ongoing price correction deepens amid rising liquidations and profit-taking.
Grayscale's decision to reopen private placement subscriptions for its crypto trusts coincides with a period of significant growth in the broader cryptocurrency market.
XRP maintains stability above $1.30 while forming a consolidation pattern between $1.30 and $1.45, with key technical levels suggesting potential for future price movement.
Bitwise Asset Management unveiled a rebranding of its European XRP ETP, with blockchain firm Ripple backing the newly renamed product.
Charles Hoskinson, founder of Cardano and a prominent Wyoming ranch owner, is furious. The state's process for selecting vendors for its stable token project has left him, and his blockchain platform, Cardano, on the sidelines.
Cardano network reaches highest new address creation rate since June 2023, maintaining 24% weekly gains despite market pullback to $0.91.