Bitwise’s XRP ETP Filing Spurs Whale Activity And Transaction Surge

Bitwise’s recent filing for an XRP ETP (Exchange-Traded Product), not to be confused with an ETF (Exchange-Traded Fund), has triggered a notable on-chain reaction. The filing coincides with increased whale activity and social media buzz, alongside an impressive $2.39 billion in transaction volume—the highest in eight months. These signals hint at possible bullish momentum for … Read more

SEC Appeals Ripple Case, Citing Errors in Final Judgment

The U.S. Securities and Exchange Commission (SEC) has filed a formal notice of appeal against Ripple Labs in the U.S. Court of Appeals for the Second Circuit. The appeal follows a district court’s ruling in August, which the SEC argues contained significant legal errors. SEC Challenges Ripple Labs Ruling in U.S. Court of Appeals On … Read more

Asset Management Firm Bitwise Files for Spot XRP ETF

Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse’s positive outlook on the future of XRP ETFs. Bitwise’s Move Toward an XRP … Read more

Ripple Whales Accumulate 470 Million XRP As Major Changes Loom For XRPL And DeFi

Over the past 10 days, Ripple whales have amassed over 470 million XRP tokens, signaling confidence in the token’s future. This comes on the heels of a major announcement from Mastercard’s CEO, who revealed that Ripple’s XRP is positioned to replace Swift in global transactions. #Ripple whales have bought over 470 million $XRP in the … Read more