Surge in Interest for XRP ETFs Interest in XRP exchange-traded funds (ETFs) has surged, with notable filings from asset management firms. WisdomTree filed for an XRP ETF on November 25, 2024, aiming to capitalize on cryptocurrency interest beyond Bitcoin and Ethereum.

SEC sets record $8.2B in fines, sparking debate on crypto enforcement as Ripple case remains notably absent.

XRP, the native token of Ripple, appears to be moving sideways after experiencing a notable rally in the past weeks. As of today, November 27, 2024, XRP, along with the overall cryptocurrency market, has been experiencing a price decline.

Fairshake will have a whopping $103 million to spend on the next U.S. congressional election — so far — thanks to another $25 million just promised from Ripple Labs. This latest contribution puts the political action committee in a powerful position to repeat its successes from this year's elections, in which dozens of its favored pro-crypto candidates won their races.

Given the obvious signs of waning market momentum, Dogecoin's ambitious quest to reach the $1 milestone may have encountered a snag. Given that Bitcoin recently experienced a retracement that had an impact on altcoins in general, DOGE's trajectory appears less promising.

Cryptocurrency investment products saw a record weekly inflow of $3.13 billion over the past week, bringing their total year-to-date inflows to $37 billion as the crypto market rally keeps on going. According to CoinShares' latest Digital Asset Fund Flows weekly, Bitcoin investment products saw a total of $3.

The chief legal officer at Ripple Labs is coming down hard on the U.S. Securities and Exchange Commission (SEC) over what he perceives as the agency bragging. According to a new post on the social media platform X from Ripple CLO Stuart Alderoty, the SEC is looking at its year-in-review incorrectly.

Ripple said that it will allocate $5 million into tokens on abrdn's Lux fund as part of a larger allocation to RWAs on the XRPL from various asset managers.

XRPs push to $2 by November is at a critical juncture, with analysts pointing to Bitcoins support as the deciding factor. If the rally sustains, XRP may not only hit $2 but also pave the way for double-digit gains.

XRP has proven its strength, outperforming several other major crypto assets in recent days. With a 30% surge over the past week, XRP has emerged as one of the top performers in the market, even as Bitcoin and other altcoins saw notable declines.

Based on data as of Nov. 26, the Altcoin Season Index (ASI) hosted on blockchaincenter.net is picking up steam, with standout performances from stellar (XLM), sui token (SUI), and mantra (OM), all posting impressive triple-digit increases.

Crypto analysts Mikybull Crypto and CrediBULL Crypto have suggested that the XRP price could reach $2 by the end of November. However, CrediBULL Crypto warned about what could hinder XRP from reaching this target.

XRP slipped 8% on Tuesday during a broader crypto market downturn, but the digital asset still boasts an impressive 22.9% weekly gain against the U.S. dollar. XRP Pushes Through Market Dip Currently priced at $1.35 per coin, XRP holds a market cap of approximately $77.27 billion.

Ripple CEO Brad Garlinghouse announced in a November 26 X post that the crypto company will donate an additional $25 million to crypto super PAC Fairshake following the 2024 U.S. elections. Fairshake reportedly already has an estimated $78 million ready to go for the 2026 U.S. midterm elections. The post Ripple Donates $25 Million More To Crypto Super PAC Fairshake appeared first on Cryptonews.

Jed McCaleb, the founder of the Stellar Development Foundation (SDF), recently stated that Stellar is, in fact, "very different" from Ripple.

Ripple Labs donated $25 million to the Fairshake political action committee (PAC), according to the firm's CEO Brad Garlinghouse. The donation, which adds to the $78 million Fairshake raised earlier this month, brings the total to $103 million.

Stellar's (XLM) price has been down over 10% in the last 24 hours but has remained up 94.07% in the past week, leading to gains among the top 100 cryptocurrencies. Indicators like the RSI and Ichimoku Cloud suggest weakening bullish momentum as XLM faces growing selling pressure.

XRP, stewarded by blockchain payments startup Ripple, is trading at heights not seen in three years as the wider crypto market benefits from anticipated impending political tailwinds in the United States. The token has been on a clear upward course since President-elect Donald Trump won the presidency against Kamala Harris earlier this month.

Stellar Lumens (XLM) has been making waves in the cryptocurrency world recently, showing impressive performance against Bitcoin (BTC) throughout November. The price of XLM has climbed steadily, pushing its value to levels not seen in months.

In a recent X post, Ripple CEO Brad Garlinghouse has revealed that Ripple is contributing another $25 million to Fairshake, noting that Fairshake is the most successful multi-candidate, bipartisan Super PAC in American history.

The XRP-focused company announced its third $25 million injection into Fairshake, just weeks after the super PAC proved successful in the 2024 U.S. election.

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 cryptocurrency market is experiencing notable volatility, with key developments surrounding XRP price, Pepe Coin (PEPE), and Bitcoin (BTC). A massive whale transfer has triggered uncertainty in XRP's price, while bold predictions about PEPE's future spark both optimism and scepticism.

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?

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.

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.

Story Highlights The Stellar price has plunged ~15% in 24 hours and retests $0.40. Technical indicators record a mixed price sentiment, highlighting uncertainty this week. Bullish reversal could push the price toward the $0.60 mark.

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.

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.

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).

Stellar Lumens ($XLM), which was on a roll last week after several high-profile endorsements by MasterCard, Franklin Templeton and even the UN, is now undergoing a sharp correction, as Cryptonews predicted yesterday. In the last 24 hours, the price of Stellar Lumens has collapsed by about 15.8% and it now trades at $0.4314.

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.

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.