XRP has been one of the most prominent beneficiaries of the recent market surge, rising significantly from $0.5031 on November 5 to a three-year high of $1.6334 on November 23. This represents a 224% increase in just a few weeks.

Ripple's investment in the Bitwise Physical XRP exchange-traded product (ETP) underscores XRP's rising prominence, driven by surging institutional demand.

SHIB's triangle pattern shows an indecision, will Shiba Inu break out or fall below support?

The crypto market has seen its fair share of unpredictable surges, from Bitcoin's meteoric rise to the XRP price rally. A new narrative is emerging around real-world asset (RWA) tokenization, with a top analyst spotlighting an RWA altcoin, PCHAIN, priced at $0.004 that could replicate the XRP price rally to $1 by January 2025.

Pro-XRP lawyer John Deaton has voiced his support for Paul Atkins as a candidate to replace outgoing U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. John Deaton, a prominent advocate for cryptocurrency regulation reform, has criticized the SEC's leadership under Gensler, alleging overreach and misconduct, particularly in its enforcement of crypto regulations.

XRP, the native cryptocurrency of Ripple, is facing a period of consolidation after a significant rally in recent weeks. Although many cryptocurrencies have experienced notable price corrections recently, XRP seems to be holding steady above the crucial support level of $1.35.

XRP price has newfound upside momentum with an underlying high volatility that could flip the $1.50 level into support.

The XRP price is consolidating just below the $1.4 mark, but the technical structure continues to show bullish strength. Interestingly, XRP has been down by about 4.35% in the past 24 hours, reaching a 24-hour low of $1.296, according to Coinmarketcap data.

In a notable development for the crypto sector, a U.S. appeals court has ruled that the U.S. Department of the Treasury, through the Office of Foreign Assets Control (OFAC), overstepped its authority when it imposed sanctions on the notorious cryptocurrency mixer Tornado Cash.

Ripple's native cryptocurrency, XRP, has been the talk of the crypto world this November, rallying an astonishing 200% to challenge its key resistance at $1.6. This exceptional growth outshone most of the top cryptocurrencies, with Ethereum, for instance, managing a relatively modest 50% gain during the same period.

XRP long-term holders made a weekly gain of $1.5B in profits, while Ripple Labs injects $25 million in the next U.S. election cycle. Plus, Tornado Cash wins a major legal victory and Morocco is preparing to legalize cryptocurrencies.

Bitcoin's strong recovery shows aggressive buying on every minor dip, but the bulls may struggle to overcome the $100,000 resistance.

Shiba Inu whales made waves with a 712% surge in token outflows, unloading 7.48 trillion SHIB in 24 hours. The dramatic activity coincided with an 8% price drop, leaving traders on edge about the cryptocurrencys next move.

The SECs long-running lawsuit against Ripple may be nearing an end, hinted former CFTC chair Chris Giancarlo. With SEC head Gary Gensler stepping down and predictions of a crypto-friendly successor, the legal saga gripping the crypto world could soon conclude.

Some popular analysts believe XRP could soon rise to $2.

Blockchain payments firm Ripple (CRYPTO: XRP) on Wednesday announced plans to invest in the newly rebranded Bitwise Physical XRP ETP. The ETP, which is backed by XRP, is part of a broader rebranding effort by Bitwise Asset Management to enhance its European product suite.

Binance has rolled out trading bots for SHIB and APE, alongside zero-fee promos, creating a buzz in the altcoin market. Price surges in SHIB, APE, and EIGEN suggest a rally could be on the way.

Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), predicted that the U.S. Securities and Exchange Commission (SEC) would drop the case against Ripple during a recent appearance on Fox Business.

Ripple, the blockchain giant, is backing Bitwise Asset Management's revamped Physical XRP ETP, now trading under the ticker GXRP. The rebranding is part of Bitwise's overhaul of its European product line following its August acquisition of the ETC Group.

In an interview with FOX Business on Tuesday, former Commodity Futures Trading Commission (CFTC) Chairman Chris Giancarlo, a leading contender for the role of White House “crypto czar” in the second Trump administration, expressed his belief that the Securities and Exchange Commission (SEC) will drop its case against Ripple Labs.

XRP could crash by 25% in the worst case scenario, particularly due to its overbought conditions that have preceded similar price crashes.

XRP news today is affecting its price, and listing it among the top trending cryptos. Here is the latest XRP price prediction.

Popular FinTech firm Ripple is set to invest in the exchange-traded product (ETP) offered by Bitwise and offering investors exposure to the native token of the XRP Ledger, XRP, the Bitwise Physical XRP ETF, which recently rebranded from ETC Group Physical XRP.

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 Asset Management has rebranded its European XRP exchange-traded product to the Bitwise Physical XRP ETP (GXRP), with Ripple backing the initiative, enhancing its presence in Europe following the acquisition of ETC Group. The post Bitwise Rebrands XRP ETP with Ripple's Backing and Investment appeared first on Cryptonews.

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.

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.

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.

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.

Shiba Inu (SHIB) and Dogecoin (DOGE) have been known as the finest meme-coin supremacy contenders and that is subject to change for a new player emerging from the shadow. Maintaining its recent growth. Shiba Inu still lags behind when it comes to market performance relative to Dogecoin.

Recent listings on Coinbase and Robinhood have invigorated bullish sentiment about Pepe, with traders calling for new all-time highs to come soon. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Pepe (CRYPTO: PEPE) $0.00001833 $7.7 Billion +1.8% -9.2% Dogecoin (CRYPTO: DOGE) $0.3934 $57.8 Billion +4% +0.99% Shiba Inu (CRYPTO: SHIB) $0.00002499 $14.7 Billion +4.2% +1.9% Trader Notes: Crypto trader MaxBecauseBTC sees Pepe standing out in the meme coin space, predicting it will join Dogecoin and Shiba Inu as multi-billion-dollar assets.

The crypto markets are consolidating as the Bitcoin bulls are displaying weakness as they are struggling to hold the rally above $93,000. Meanwhile, the top memecoins like Dogecoin and Shiba Inu continue to rise with a decent range.

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 popular Shiba Inu (SHIB) cryptocurrency is seeing disturbing developments in the behind-the-scenes, on-chain reality of the crypto market. According to data from IntoTheBlock, the number of Shiba Inu tokens shipped from wallets by major token holders over the past 24 hours totaled 7.48 trillion SHIB.

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.

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.

Check out some of the latest SHIB price predictions.

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.