The Commission acknowledged several applications for crypto exchange-traded funds on Thursday, a move that ties the regulator to a strict timeline for approval or denial.

Canary Capital, WisdomTree, 21Shares and Bitwise are the latest fund managers bidding to launch XRP exchange-traded funds.

Bitwise, 21Shares and Canary Capital filed Thursday for an XRP exchanged-traded fund with the Cboe BZX Exchange.

The XRP ETF filings could accelerate mainstream adoption and regulatory clarity, impacting the broader cryptocurrency market landscape. The post XRP ETF race begins as WisdomTree, Bitwise, 21Shares, and Canary submit 19b-4 filings appeared first on Crypto Briefing.

Mike Novogratz, the CEO of Galaxy Investment Partners, has one thing to say about the XRP Army: they've proven that community is an economic force. Mike admitted that crypto's most rabid fanbases, like XRP's, have completely changed how investors view value.

Despite positive catalysts like institutional adoption and discussions around Bitcoin's potential inclusion in sovereign wealth funds, the cryptocurrency market is trading lower on Thursday, with traders closely watching Bitcoin's $95,500 support level. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,588.31 -1% Ethereum (CRYPTO: ETH) $2,710.63 -2% Solana (CRYPTO: SOL) $191.80 -3.7% XRP (CRYPTO: XRP) $2.33 -4.4% Dogecoin (CRYPTO: DOGE) $0.2481 -4% Shiba Inu (CRYPTO: SHIB) $0.00001505 -5.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9% and daily active addresses falling by 3.4%.

Ripple CEO Brad Garinghouse is celebrating his 54th birthday on Feb. 6 after securing some key wins on the regulatory front.

XRP price recently faced a sharp pullback after a strong rally pushed it from $0.50 to a multi-year high of $3.40. The Ripple has since dropped nearly 25%, showing increased volatility, and is currently hovering around $2.5.

XRP's price action has taken a sharp downturn in the past 24 hours to extend its seven-day losses. Notably, this downturn has seen the asset slipping below a critical support level at $2.50 after weeks of intense work to break above it.

XRP (CRYPTO: XRP) has dropped 26% in the past seven days, mirroring broader market weakness that has pushed Bitcoin (CRYPTO: BTC) below $100,000. Despite the pullback, strong fundamentals could help XRP recover.

Ripple's native token, XRP, has encountered some challenges recently, facing a more than 3% decline in its value and revisiting levels below the $2.50 mark. The coin dropped to a low of $2.36 within the last 24 hours, triggering some concerns in the market.

Another crypto market crash has occurred, with Bitcoin, XRP, Solana, and Dogecoin prices experiencing significant declines. This development comes amid economic uncertainty and the bearish sentiment among investors.

Ripple, a prominent player in the blockchain-based payment industry, is experiencing significant operational shifts as a result of recent changes in U.S. crypto regulations. Stuart Alderoty, Ripple's Chief Legal Officer, recently shared his thoughts on the evolving landscape in the U.S. during an interview with CNBC.

Data suggests traders in Korea played a big role in buying the XRP dip below $2.

Three of the top coins have shed a quarter of their respective value in the last week as Bitcoin struggles amid Trump's trade war.

There was a massive 1,455% gap between liquidated long and short positions on the XRP perpetual futures market in just one hour. Data from CoinGlass puts the total liquidation in that short period at $920,000.

Some analysts are eyeing a potential drop to $1.60, yet Korean traders' accumulation and bullish wave projections suggest a long-term target as high as $18.

XRP has recently flashed a "death cross" on its four-hour chart, sparking concerns among traders as uncertainty looms over the broader cryptocurrency market. The death cross, a bearish technical indicator, occurs when the short-term moving average drops below a longer-term moving average, indicating that an asset may face downward pressure.

A market expert has boldly proclaimed that all XRP holders might ultimately become millionaires. Related Reading: XRP Price Struggles to Keep Pace: What's Holding It Back?

XRP recently attempted to form a new all-time high but faced resistance due to market top pressure. The failure led to significant losses for investors as selling pressure increased.

Dogecoin (DOGE) has captured the attention of investors with its long wick formation on the daily chart. Tardigrade forecasts this wick could trigger an upsurge to $1. Meanwhile, IntelMarkets (INTL) has emerged as the best crypto to buy now.

In the final two months of 2024, XRP (XRP -4.69%) was one of the best-performing cryptocurrencies in the world. In that period, XRP skyrocketed from a price of $0.50 to $2 for a mind-boggling gain of 300%.

Jorge Tenreiro was reportedly transferred to the IT department.

Ripple CEO Brad Garlinghouse is anticipated to be selected for an advisory position on the White House Crypto Council.

XRP currently trades at $2.40, boasting a market valuation of $138 billion alongside a 24-hour trade volume flow of $6.41 billion. Its price fluctuated between $2.36 and $2.55 during the session, lingering 29% below its historic peak price. XRP On XRP's hourly chart, the digital asset oscillates within a constricted corridor of $2.35 to $2.

XRP rebounded from $1.980 after a sharp selloff triggered by network issues. A breakout could confirm recovery, while failure risks further downside toward $1.80.

TL;DR Ripple CEO Brad Garlinghouse has been shortlisted for President Donald Trump's U.S. Crypto Advisory Council, aiming to shape the future of U.S. cryptocurrency policies. The council, formed by executive order, includes prominent crypto leaders from companies like Kraken, Coinbase, and Circle.

Ripple whales are spending millions of dollars as they look to position themselves in this bull run. Surprisingly, these Ripple whales aren't investing in XRP but the AI altcoin WallitIQ (WLTQ). This move is more surprising considering that the XRP price currently boasts a bullish outlook, having surged above $3.

Despite a strong surge of around 300% in November, XRP has traded weakly this month, giving back nearly all of its December gains.

The XRP Ledger is now operational again after suffering an hour-long outage on Tuesday, according to David Schwartz, Ripple's chief technology officer. Schwartz says it's not entirely clear what caused the network problem. “Super-preliminary observation: It looked like consensus was running but validations were not being published, causing the network to drift apart.

Ripple's XRP has been left out of Hong Kong's list of approved cryptocurrencies for trading, raising fresh concerns about its regulatory standing in global markets. The Securities and Futures Commission (SFC) released a list of digital assets that can be legally traded on licensed platforms, but XRP was notably absent.

“Everyone and their mother is begging to be on this council," the source reads.

Cryptocurrency asset management giant Grayscale Investments has filed a significant interest with the U.S. Securities and Exchange Commission (SEC). Specifically, Grayscale has filed to convert its XRP Trust into an exchange-traded fund (ETF).

U.S securities and exchange commission (SEC) moves its top litigator to the IT department.

XRP has made a notable move by forming its third-ever weekly hammer candlestick pattern, fueling optimism among traders and analysts. This formation comes at a time when the broader cryptocurrency market is experiencing significant downturns.

Because of XRP's sharp decline, there are worries that it might surpass the one billion payment volume threshold. The recent sell-off has put the asset in a position where further declines could occur.

XRP price continues to dip today but it appears that the experts remained bullish on the long-term trajectory of the coin. For context, despite the recent dip, a top market expert hinted towards a potential rally for Ripple's native crypto to $8, sparking market discussions.

Ripple's XRP is once again making headlines, but this time for an unexpected reason. Hong Kong's Securities and Futures Commission (SFC) recently released its list of approved cryptocurrencies for trading, and XRP is nowhere to be found.

As XRP drops under $2.50, bulls are on overtime to regain trend control. Will the declining XRP exchange reserves and a recovering funding rate enough to propel XRP to $2.83?

Ripple's RLUSD stablecoin has secured new listings on Revolut and Zero Hash, expanding its accessibility and reinforcing its role in the fintech ecosystem.

XRP has gained renewed attention in the crypto space, with many enthusiasts, including internet celebrity Tristan Tate, wondering about the token's potential to surge from its current price of around $2.5 to $100. While this may seem a stretch to some, one trader, Steff, believes that multiple factors could contribute to such a dramatic rise in XRP's value.

XRP's perpetual funding rates remain negative, show a bias for bearish short positions.

Ripple is refocusing its hiring strategy in the US after years of moving operations offshore due to regulatory uncertainty. The shift comes amid a more favourable regulatory landscape, with the company now directing its recruitment efforts back to the US.

Ripple CEO Brad Garlinghouse is reportedly shortlisted for a key position on President Donald Trump's U.S. Crypto Advisory Council. The council, formed by executive order in Trump's first week back in office, is expected to play a major role in shaping U.S. crypto policies and regulations. U.S.

Galaxy Digital CEO Mike Novogratz has shown some support for the XRP cryptocurrency, arguing that it has a "narrative" in a recent interview.

Growing interest in XRP among institutions could turn positive for the asset.

Ethereum ignited a recovery wave after slipping below $2,500, underperforming Bitcoin. The large-cap altcoin tested the $2,120 region and swiftly began its recovery wave. Notably, ETH surpassed the $2,500 and $2,550 resistance levels and climbed above its 50% Fib retracement level of the downward move from the $3,402 swing high to the $2,127 swing low.