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Ripple News
Zycrypto
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Following Massive XRP ETF Filing Momentum, Canary Capital Seeks SEC Approval For Litecoin ETF
- Asset manager Canary Capital has filed a registration statement with the SEC for a Litecoin ETF, following its recent filing for an XRP-based ETF.
- The proposed ETF aims to make it easier for traditional investors to access Litecoin without dealing with the complexities of purchasing and securing the cryptocurrency directly.
- Canary Capital believes that Litecoin, with its proven security and reliability, offers a unique opportunity for investors seeking exposure to the OG altcoin.
- The filing comes as part of a broader trend of asset managers seeking to offer crypto-based ETFs, with the SEC recently approving Bitcoin and Ether ETFs.
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Crypto-News-Flash
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Ripple President Unveils Plans to Integrate XRP and RLUSD into Payment Solutions
- Ripple president unveils plans for integrating XRP and RLUSD into payment solutions.
- Ripple announces the launch of its enterprise-grade stablecoin called RLUSD, aiming to provide solutions for cross-border payments and real-world asset tokenization.
- RLUSD will be accessible on platforms like Bitstamp, Independent Reserve, Bitso, and others upon regulatory approval.
- Ripple emphasizes regulatory adherence and plans to publish monthly attestations of RLUSD reserves by an independent accounting firm.
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Cryptopotato
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Is Grayscale’s Most Recent SEC Filing Ripple’s (XRP) Best Shot at Having a US-Based ETF?
- Grayscale Investments has filed a request with the SEC to convert its Digital Large Cap Fund into an ETF.
- The fund currently holds Bitcoin, Ethereum, Solana, Avalanche, and XRP.
- Grayscale expects to list the ETF on the NYSE if approved.
- Canary Capital is also planning to launch a Litecoin ETF.
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Crypto-News-Flash
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408
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XRP Poised for Rally as Ripple Swell Conference Kicks Off This Week
- XRP is showing positive momentum, retesting the $0.55 level and rising by 2%.
- Whale accounts and institutional investors have increased XRP accumulation, signalling confidence in its future.
- The Ripple Swell conference, taking place from October 15-16, gathers influential figures from the cryptocurrency and traditional finance sectors to discuss important trends and issues.
- Speakers at the conference will discuss stablecoins, tokenization, and the effects of cryptocurrency ETFs on the overall economy.
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Coinjournal
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Lawyer John Deaton questions Warren’s “anti-crypto” approach during debate for US Senate seat
- Crypto lawyer John Deaton questioned Senator Elizabeth Warren's 'anti-crypto' approach during a debate for the US Senate seat from Massachusetts.
- Warren stated that she wants the crypto industry to abide by the same regulations as banks and stockholders.
- Warren questioned the motives of crypto insiders who were financially supporting Deaton's campaign.
- Deaton criticized Warren's policies, including the ban on crypto self-custody and the accredited investor rule.
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Insider
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Trump flip-flopped on crypto, but his PAC has raked in millions of dollars of crypto donations since June
- A pro-Trump PAC called Trump 47 has raised over $7.5 million in cryptocurrency donations since June.
- Donations were received in bitcoin, ether, XRP, and other cryptocurrencies.
- Notable donors include Cameron and Tyler Winklevoss who endorsed Trump in June.
- Trump has launched his own crypto banking platform, World Liberty Financial.
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Bravenewcoin
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Ripple’s Chris Larsen Donates $1 Million to Harris PAC
- Chris Larsen, co-founder of Ripple, has donated $1 million to Kamala Harris's political action committee (PAC) called Harris Action Fund.
- Larsen has previously supported Harris by contributing $6,600 to her campaign and $100,000 to Harris Action Fund PAC.
- With an estimated net worth of $3.1 billion, Larsen believes Harris understands the tech world and its connection to empowering workers and fostering industry leaders.
- Larsen's support for Harris indicates a potential shift in the crypto industry's political alliances, as traditionally, crypto companies have supported Republicans.
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Newsbtc
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XRP Price Nearing Breakout: Can It Finally Push Higher?
- XRP price is attempting a fresh increase above the $0.540 zone.
- The price is now trading above $0.5410 and the 100-hourly Simple Moving Average.
- A key bullish trend line is forming with support at $0.5395 on the hourly chart of the XRP/USD pair.
- The pair could gain bullish momentum if it clears the $0.550 and $0.5550 resistance levels.
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Pymnts
4w
106
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Ripple Names Exchange Partners for US Dollar-Denominated Stablecoin RLUSD
- Ripple has announced its exchange partners for its U.S. dollar-denominated stablecoin, Ripple USD (RLUSD).
- The stablecoin will be available globally on exchanges and platforms like Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish.
- Ripple's stablecoin aims to become the gold standard for enterprise-grade stablecoins, with a focus on regulatory compliance and strong demand.
- RLUSD will be used for cross-border payments, tokenization of real-world assets, and decentralized finance solutions.
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Bitcoinist
4w
79
Image Credit: Bitcoinist
Ripple Swell Conference Begins Today: Top Themes To Watch Out For
- The eighth edition of Ripple's Swell Conference has begun in Miami, Florida.
- Key themes include discussions on the US regulatory landscape, the stablecoin market, and how Latin American banks are leveraging crypto and blockchain.
- Prominent speakers at the conference include Adrienne Harris, Stuart Alderoty, Jack McDonald, Ivan Soto-Wright, Bobby Zagotta, Pablo Arboleda Niño, Sheila Bair, Monica Long, Jon Bilich, Neil DeSilva, Erica Khalili, Michael Rose, Miles Paschini, Joanie Xie, Nader Souri, Aaron Slettehaugh, and Dan Morehead.
- The conference will conclude with a fireside chat between Brad Garlinghouse and Dan Morehead, providing insights into the state of the crypto industry.
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Zycrypto
4w
386
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Ripple Takes Major Step Toward RLUSD Stablecoin Launch By Announcing Key Exchange Partners
- Ripple Labs Inc. has announced exchange and market maker partners for its upcoming dollar-dominated stablecoin, RLUSD.
- The global trading platforms Uphold, MoonPay, Independent Reserve, CoinMENA, Bitstamp, Bitso, and Bullish will offer RLUSD to users.
- Crypto trading firms Keyrock and B2C2 will act as market makers for RLUSD.
- Ripple is awaiting regulatory approval from the New York Department of Financial Services before launching RLUSD.
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TheNewsCrypto
4w
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XRP’s Breakout Potential: Analyzing Ripple’s Market Position
- XRP, currently trading at $0.54, is on the verge of a potential breakout from its resistance zone at $0.560.
- The technical indicators for XRP present a mixed picture, with the possibility of a bearish crossover in the short term.
- XRP's price trajectory depends on its ability to overcome the $0.560 resistance, with a potential rally towards $0.630.
- XRP maintains its position as a significant player in the cryptocurrency ecosystem, with a trading volume of $1.198 billion and a market capitalization of $30.7 billion.
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Cryptoslate
4w
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Ripple partners with top exchanges to launch RLUSD stablecoin globally
- Ripple has announced partnerships with top exchanges to launch its Ripple USD (RLUSD) stablecoin globally.
- Exchanges supporting RLUSD include Uphold, Bitstamp, Bitso, MoonPay, Independent Reserve, CoinMENA, and Bullish.
- Market makers B2C2 and Keyrock will provide liquidity for RLUSD.
- RLUSD aims to offer stability and efficiency for cross-border payments, fiat on/off ramps, and tokenization of assets.
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Crypto-News-Flash
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Ripple Reveals First Partners for RLUSD Stablecoin with Top Exchanges and Platforms, Plans Launch on XRP Ledger and Ethereum
- Ripple has announced its exchange partners and market maker partners for the RLUSD stablecoin.
- Exchange partners include Bitstamp, Uphold, Bitso, Independent Reserve, MoonPay, CoinMENA, and Bullish.
- Market maker partners include Keyrock and B2C2 for liquidity support during the launch period.
- Former FDIC chair Sheila Bair and ex-CEO of Centre, David Puth, join the advisory board for RLUSD stablecoin.
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Crypto-News-Flash
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Ripple’s ISO 20022 Compliance Paves Way for XRP in Traditional Payment Systems
- Ripple's compliance with ISO 20022 could pave the way for XRP's integration into traditional payment systems.
- ISO 20022 is a messaging standard that provides a structured and data-rich common language for financial institutions.
- Ripple joined the standards body in 2020, allowing its payment network, RippleNet, to integrate with other ISO 20022-compliant institutions.
- Ripple's compliance may facilitate XRP's integration into established banking institutions, and its payment solution ODL could gain more popularity as financial institutions switch to ISO 20022.
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