A crypto strategist is warning that two large-cap altcoins may witness deep corrective moves after massive rallies this month. Crypto trader Credible tells his 473,800 followers on the social media platform X that payments-focused altcoin XRP looks primed for a pullback after completing a five-wave rally on the four-hour chart.
Ripple's native token, XRP, has been one of the most talked-about cryptocurrencies recently due to its impressive price rally. However, the momentum may be facing some challenges, as a significant whale transaction on November 24, 2024, raises questions about the future of the asset's price.
Ripple advances tokenized finance with the first money market fund on XRP Ledger, redefining efficiency in real-world asset tokenization and institutional Defi.
Ripple CEO Brad Garlinghouse has become a key figure in discussions around the rumored “Crypto Czar” position in Donald Trump's White House. Speculation about Garlinghouse's potential role in shaping U.S. crypto policy gained momentum following comments from former Ripple executive Sean McBride.
Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.
A strong and decisive move above $1.5 could set XRP to hit the immediate target of $2.
To kick things off, Ripple's XRP Ledge will tokenize asset manager asset manager abrdn's $4.77 billion US dollar Liquidity Fund.
Ripple Labs has introduced the first tokenized money market fund on the XRP Ledger (XRPL). The initiative, in partnership with Archax and UK-based asset manager abrdn, signifies a notable advancement in the tokenization of real-world assets (RWA) and the expansion of institutional decentralized finance (DeFi) for the XRP ledger ecosystem.
Ethereum (ETH) price has climbed 46.11%, marking impressive growth but still making it the second-worst performer among the top 10 largest cryptocurrencies. Its recent rally is supported by increasing whale accumulation and a 7-day MVRV signaling neutral to slightly bullish sentiment.
The recent spike in trading activity on Korean exchanges has brought the country and its retail investors to the fore of the crypto industry. Korean Investors Love to Play Big The South Korean cryptocurrency market is once again at the center of global attention with a recent surge in trading activity.
Despite a bearish outlook across the cryptocurrency landscape, Ethereum (ETH), the world's second-largest cryptocurrency, is poised for a notable upside rally. A bullish price action pattern and record interest from traders support this positive outlook.
Ripple (XRP) price has surged 182.80% in the last 30 days and 30.26% in the past week. While its EMA lines remain bullish, with short-term lines above long-term ones, indicators like RSI and CMF suggest the uptrend could be losing steam.
Asset manager WisdomTree has filed for an XRP exchange-traded fund (ETF) in Delaware, the first step in the U.S. regulatory process.
WisdomTree has filed to create an XRP exchange-traded product in Delaware, marking its entry into the XRP ETF race and signaling potential regulatory progress for cryptocurrency investments amid ongoing legal challenges faced by Ripple Labs. The post Global ETF Provider WisdomTree Files for XRP ETF in Delaware appeared first on Cryptonews.
Bloombergs James Seyffart has shared insights on the challenges facing XRP and SOL ETFs, predicting potential approval by 2025. Regulatory hurdles like compliance and market manipulation remain, but changes in SEC leadership could reshape the landscape.
Armando Pantoja, an experienced angel investor who has been active in the cryptocurrency space since 2011, has recently challenged the skepticism surrounding XRP's potential to hit $100. His comments come as XRP continues to perform exceptionally well in the ongoing bull market, with some calling for bold price targets while others urge caution.
President Donald Trump, the man who once trashed Bitcoin for being “thin air,” now sits on a cryptocurrency portfolio worth $5,485,312. The breakdown?
ETH advanced 4% during the day, outperforming BTC's 1.5% loss and slight gains of the broader market benchmark CoinDesk 20 Index. The ETH/BTC ratio hit its weakest level in three years last week, but has rebounded since and is poised for more gains, observers noted.
The cryptocurrency market's November rally has spotlighted several Cardano Rivals poised for exponential growth. After Cardano's ADA token surged 250%, investors are eyeing competitors that could deliver significant returns.
Ethereum's enduring appeal for USDT issuance is also tied to its DeFi dominance and institutional adoption.
Cryptocurrency markets are trading lower on Monday, with Ethereum a notable outperformer. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $94,748.63 -1.6% Ethereum (CRYPTO: ETH) $3,482.07 +4.7% Solana (CRYPTO: SOL) $240.19 -3.6% Dogecoin (CRYPTO: DOGE) $0.4052 -3.3% Shiba Inu (CRYPTO: SHIB) $0.00002568 +2.8% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 22% and daily active addresses falling by 8.4%.
The XRP ETF file has stirred optimism in the crypto sector, with analysts tying the move to the potential policy shifts expected under President-elect Donald Trumps administration. XRP ETF Filing Marks a Critical Turning Point On November 25, the New York-based asset manager WisdomTree Funds signaled its intention to file with the US Securities and Exchange Commission by registering in Delaware for an XRP (XRP) exchange-traded fund (ETF), Cointelegraph reports.
Santiment's analysis of the Cardano market is based on two key indicators: realized profits and social media activity. According to their data, the $165 million in profits realized on November 22 was the highest level in eight months.
At 1:30 p.m. Eastern Time on Monday, U.S. President-elect Donald Trump's cryptocurrency portfolio is valued at $5.43 million. Despite the high market prices for crypto, this figure represents a noticeable dip compared to its worth in June. Crypto Commander-in-Chief Donald Trump is set to become the first U.S.
Bloomberg Analyst James Seyffart has outlined potential timelines for the approval of Solana (SOL), XRP, Litecoin (LTC), and Hedera (HBAR) exchange-traded funds (ETFs). As regulatory discussions gain traction in the United States, Seyffart predicts that decisions on these altcoin ETFs may extend into late 2025, depending on various factors.
Analysts predict Ethereum will reach an all-time high by the end of this year, but there are problems.
Asset manager WisdomTree has joined the XRP ETF race with its own filing.
Moving beyond Bitcoin, asset managers are now eyeing towards XRP as the next big player in the ETF space. In a latest develoment, the Global ETF provider WisdomTree has filed to launch an XRP ETF in the U.S. notably, this is the third filing to establish a spot XRP ETF in the country.
Prominent asset manager and exchange-traded fund issuer Wisdom Tree is reportedly filing for an XRP ETF product. According to Eleanor Terret of Fox News, $100 billion asset manager Wisdom Tree has registered for an XRP ETF in the state of Delaware.
Cardano (ADA) has emerged as one of the cryptocurrency market's standout performers. Its market capitalization has tripled in just 17 days to reach an impressive $37.40 billion.
Here are some of the latest XRP price predictions.
WisdomTree, the New York-based asset manager handling over $113 billion in assets, has filed an application to establish an XRP exchange-traded fund (ETF) in Delaware, United States. The proposed fund, named the WisdomTree XRP Fund, claims to give investors regulated exposure to XRP, the sixth-largest crypto by market capitalization.
Asset manager WisdomTree has filed for a trust entity in Delaware, a preliminary step toward launching an exchange-traded fund (ETF) focused on XRP. If approved, the ETF would track XRP's price, expanding institutional investors' access to digital assets.
Bitcoin's failure to cross above $100,000 could extend the current price pullback. The real question is whether or not bulls will buy the dip.
Cardano (ADA) price climbed 193.65% over the last 30 days and 37.82% in the past week. Despite this impressive rally, indicators suggest that ADA's uptrend may be losing steam.
TL;DR WisdomTree, with $113 billion in assets under management, is moving forward with the launch of an XRP-based ETF. The firm has filed with Delaware regulatory authorities to create a trust that will serve as the foundation for the ETF, which aims to track the price of XRP.
WisdomTree, a global asset manager overseeing around $113 billion in assets, has initiated the process for launching an XRP ETF.
Archax will provide access to a money market fund from UK asset manager abrdn in tokenized form on the XRP Ledger.
New York-based asset management firm WisdomTree has officially filed for registration to launch an XRP ETF (Exchange-Traded Fund) in Delaware.
Asset manager WisdomTree overseeing $113 billion in assets, has filed to establish a trust entity in Delaware as a preliminary step toward launching an XRP (CRYPTO: XRP) exchange-traded fund (ETF). What Happened: If successful, the ETF would track the price of XRP, the sixth-largest cryptocurrency by market capitalization, and join a growing list of applications for crypto ETFs, which are reshaping institutional access to digital assets.
The price of the native token of the smart contract platform Cardano ($ADA) has been hovering around the $1 mark amid a wider cryptocurrency market surge that has seen th price of the flagship cryptocurrency Bitcoin near $100,000 before a correction saw it drop to $95,000 at the time of writing.
Appearing to follow in the footsteps of Bitwise and Canary Capital, WisdomTree filed to register and XRP ETF entity.
The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from the foundation's Protocol Security Research Team and the Ecosystem Funding Initiative, the Attackathon event will take place from Nov. 25, 2024, to Jan.
TL;DR Ripple launches the first tokenized fund on the XRP Ledger (XRPL), based on abrdn's US Dollar Liquidity Fund, managing $3.8 billion. The collaboration with Archax and abrdn marks a significant step in real-world asset (RWA) tokenization and the adoption of blockchain in institutional finance.
XRP whale activity is signaling possible sustainable bullish momentum for the asset, which has broken out after prolonged price consolidation.
On Monday, it was announced that asset manager WisdomTree has entered the race for a spot XRP ETF. The move comes at a pivotal time, marked by expected leadership changes at the US Securities and Exchange Commission (SEC) and the recent election of Donald Trump.
The XRP price has witnessed significant gains today, providing a bullish outlook for the crypto even as the broader crypto market witnesses a retracement led by Bitcoin. With XRP looking so bullish, crypto analyst Dark Defender has predicted that the crypto could reach $5 by December.