XRP

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Cryptoquant: Stablecoin Liquidity Surges to Record Highs as Ripple Introduces RLUSD

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Stablecoin liquidity reached unprecedented levels in September 2024, boosting overall cryptocurrency market activity. Meanwhile, Ripple made a notable entrance into the stablecoin space with its newly launched RLUSD, expanding its influence in the financial landscape. Stablecoin Boom Fuels Crypto Liquidity, Ripple’s RLUSD Market Cap Rises According to a recent report from Cryptoquant, stablecoin liquidity soared … Read more

Down from the Peaks: Bitcoin Nears Record High While Altcoins Face Uphill Battle

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As of today, Oct. 6, 2024, the countdown to the end of the year continues, with just 87 days left. Bitcoin (BTC) is holding strong at just over $62,000, although it’s still trailing 15.6% below its record high from seven months ago. Meanwhile, ethereum (ETH) is facing a steeper climb, currently priced at $2,432—sitting 50.2% … Read more

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

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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

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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

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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

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