Litecoin (LTC) has never been the loudest name in the crypto space. No constant hype, no daily social media talks.
XRP saw a 7.5% price increase on Feb. 20, 2025, hitting $2.71, following key developments regarding its potential for institutional investment.
Grayscale's push for an XRP exchange-traded fund (ETF) has officially reached a key stage. As the U.S. Securities and Exchange Commission (SEC) has now posted the company's 19b-4 filing to the Federal Register.
Grayscale's XRP ETF filing joins four other Solana ETF filings published in the U.S. SEC's Federal Register in the past week.
Analysts are still divided on XRP's trajectory, with some predicting a breakout to $6 while others are worried about the key resistance at $2.80.
The cryptocurrency market saw mixed movements on February 21, with Bitcoin (BTC) crossing the $98,000 mark, while Ethereum (ETH) and Solana (SOL) posted modest gains. The total global crypto market capitalization stood at $3.23 trillion, rising nearly 1% from the previous day. Meanwhile, total market volume surged by 8% to $90.
Grayscale's XRP ETF filing has been posted to the Federal Register, the official journal of the federal government.
February 21, 2025 05:19:13 UTC Japan's Inflation Hits 19-Month High, Surges to 3.2% Japan's core inflation hit 3.2% in January, the fastest pace in 19 months, fueling expectations that the Bank of Japan (BOJ) will continue raising interest rates. Bond yields rose as markets bet on more aggressive hikes.
Ripple's XRP is currently down by more than two percent and is trading at $2.64. The cryptocurrency is currently facing significant resistance between the $2.65 and $2.80 levels. This suggests the price could continue to struggle around these points in the short term.
The SEC is pausing lawsuits against Binance and Coinbase, sparking speculation on whether Ripple could be next—potentially signaling a shift toward clearer crypto regulations. Crypto Crackdown Unraveling? SEC Pauses Cases—But What About Ripple? The U.S.
XRP price is correcting gains from the $2.750 resistance. The price is still showing positive signs and might aim for a move above the $2.750 resistance zone.
XRP price is gaining momentum as the U.S. Securities and Exchange Commission (SEC) has officially posted Grayscale's XRP exchange-traded fund (ETF) filing to the Federal Register. This move marks the beginning of a 240-day review period, during which the agency will decide whether to approve or reject the application.
Ripple's XRP has been one of the standout performers in the cryptocurrency market over the past 14 weeks. The digital asset has posted a remarkable 297% surge against Bitcoin since November 2024, outpacing most other cryptocurrencies during a period of overall market stagnation.
SEC's crypto unit disbandment fuels speculation on Ripple's case appeal. Will the move signal a shift in XRP's legal battle and ETF prospects?
XRP has experienced a notable price increase of 7.76% over the past 24 hours, with a trading volume of $5.33 billion. The price recovery has helped XRP reclaim the $2.70 mark, showcasing its resilience despite market fluctuations.
It's a new era for the U.S. Securities and Exchange Commission under President Donald Trump as the agency voluntarily dismissed its appeal on Feb. 19 in a crypto rulemaking case.
John Deaton, a well-known XRP lawyer and former US Senate candidate, has criticized Elizabeth Warren, Donald Trump, and Vladimir Putin over the ongoing war in Ukraine, questioning US spending, political motives, and military strategies.
The SEC's decision on Grayscale's XRP ETF could set a precedent for altcoin ETFs, impacting regulatory approaches and market dynamics. The post SEC to rule on Grayscale's XRP ETF by October 18 as review progresses appeared first on Crypto Briefing.
Mike Novogratz is convinced XRP and Cardano are among the industry leaders per their first-mover advantage.
Cryptocurrency markets remain bullish on Thursday, fueled by optimism over potential altcoin ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $98,414.37 +2.6% Ethereum (CRYPTO: ETH) $2,753.73 +1.7% Solana (CRYPTO: SOL) $174.54 +3.5% XRP (CRYPTO: XRP) $2.71 +1.9% Dogecoin (CRYPTO: DOGE) $0.2543 +1.1% Shiba Inu (CRYPTO: SHIB) $0.00001555 +1.7% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 8.6% and daily active addresses falling by 11.6%.
Traders turn hopeful as the SEC acknowledgment of 3 spot XRP ETF filings is perceived as a positive step forward.
Institutional crypto interest in Brazil rises as transactions over $1 million surge 48.4% between late 2023 and early 2024.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The Pi coin finally launched on the mainnet today, which has already led to predictions on how high the crypto could rise following the launch. Now, crypto analyst Gem Hunter has provided a bullish outlook for the coin, suggesting that it could even surpass the XRP price after it gets listed on Binance.
XRP has been steadily recovering from recent price setbacks, showing strong bullish potential. The altcoin has been moving in an upward trajectory, backed by large wallet holders known as whales.
The same analyst who predicted the XRP price crash below $2.50 is now eyeing a surge as the altcoin navigates heightened volatility. The post Pundit Who Predicted XRP's Crash Now Says It's Ready to Soar – How High Can XRP Go? appeared first on Cryptonews.
Cryptocurrency mogul Mike Novogratz has weighed in on the staying power of the Ripple-affiliated XRP token during a recent appearance on "Galaxy Brain" alongside Pantera Capital founder Dan Morehead.
Amid market uncertainty, Ripple rival Stellar (XLM) has reached a critical make-or-break level, leaving investors and traders uncertain. The past few days have been unfavorable for the XLM token, with a 38% price drop. However, recent gains over the past two days appear to be shifting market sentiment.
With 200 million potential investors, will Brazil's XRP ETF reshape crypto adoption?
BBRL is slated for launch by the end of Q1 2025.
The US Securities and Exchange Commission (SEC) has taken a significant step by acknowledging XRP ETF applications from multiple asset managers, including CoinShares, Canary Capital, and WisdomTree. In response to the development, XRP lawyer John Deaton reflected on Ripple and XRP's evolution over the past four years.
XRP has defied market trends, posting a 297% gain against Bitcoin since November. Whale accumulation continues, reinforcing bullish sentiment.
Ripple and Brazilian financial heavyweight Braza Group have announced the launch of a new stablecoin on the XRP Ledger (XRPL). The stablecoin, called BBRL, is pegged to the Brazilian Real and is designed to offer secure, cost-effective solutions for both individuals and businesses.
Such a move would push DOGE to well above $0.3.
A crucial call to action has been issued to XRP Ledger nodes and validators as the UNL migration to the new XRPL Foundation begins.
On-chain data shows the XRP whales have participated in a large amount of net buying recently, a sign that could be bullish for the asset's price.
XRP's (CRYPTO: XRP) latest surge follows the SEC acknowledging CoinShares' spot XRP ETF filing and Donald Trump's media post referencing Ripple's business—fueling speculation about XRP's role in future crypto adoption. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.69 $155.6 billion +3.5% +10.3% Bitcoin (CRYPTO: BTC) $97,546.59 $1.93 trillion +1.5% +1.7% Ethereum (CRYPTO: ETH) $2,747.97 $331.4 billion +1.2% +3.5% Trader Notes: Crypto chart analyst Ali Martinez highlights that XRP is forming an ascending triangle, positioning for a breakout that could lead to a 26% rally.
In mid-February 2025, XRP experienced a strong resurgence in the cryptocurrency market. It enjoyed its first significant rally on February 13 and February 14, when it rose from about $2.40 to above $2.80.
XRP, the native token of the Ripple network, has experienced a period of downward movement, losing about 21.72% of its value in recent times. This decline was largely due to intensified selling pressure and broader market factors.
XRP's market activity has taken a noticeable downturn as whale transactions fall off. According to the latest on-chain data, only 240 million XRP moved in the last 24 hours, suggesting a significant drop in large-scale transactions.
XRP trades at $2.69 on Feb. 20, 2025, as bullish momentum contends with critical resistance levels amid mixed technical signals. XRP The 1-hour chart shows XRP stabilizing between $2.65 and $2.75, forming higher lows within a tentative ascending trend. Immediate resistance at $2.75–$2.80 remains pivotal; a breakout with volume could propel prices toward $2.85.
Brazil's CVM has approved the world's first XRP-based ETF, managed by Hashdex, marking a significant step in institutional crypto adoption amid growing interest in XRP investment products.
Amid the bustling crypto market, Brazil marks a historic turning point by approving the world's first XRP spot ETF, while a local bank prepares to launch an innovative stablecoin on the XRP Ledger network.
Today, buyers are trying to keep the price of the Ripple (XRP) coin above the moving averages.
Cryptocurrencies traded slightly higher across the crypto market on February 20. As top coins Bitcoin, Ethereum and XRP flipped green, the total market cap rose 1.6% to $3.2 trillion. BTC dominance remained high, at 60.2% and ETH dominance stood at 10.
XRP (XRP 3.76%) and Bitcoin (BTC 1.18%) have plenty of catalysts to support their future growth, and it's common knowledge that financial institutions around the world are adopting both coins for various reasons. But there's one new trend in particular that's driving those same financial institutions to take more interest in these two coins.
It's a major win for Ripple ($XRP) as Brazil's securities regulator Comissão de Valores Mobiliários (CVM) approved the world's first $XRP spot exchange-traded fund (ETF). The news is yet another big step in the company's expansion, which already includes partnerships with central banks.
The U.S. Securities and Exchange Commission (SEC) has set a deadline for deciding whether to approve multiple exchange-traded funds (ETF) that track the price of Ripple-promoted XRP directly.