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Ripple News
TheNewsCrypto
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XRP Price Breaks Out 12% Amid Regulatory Optimism and Market Recovery
- XRP price surges by 12.18% in the last 24 hours amid market recovery and regulatory optimism.
- XRP's daily trading volume increases by 38.87%.
- Ripple's battle with the SEC aids XRP's bullish rally.
- XRP holds the potential to reclaim the $3 milestone.
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99Bitcoins
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XRP Price Is Heading For a Rampage: Altcoin Holders in Awe as XRP Leads Day
- XRP price analysis reveals Ripple on the move, as XRP crypto swings high, leading the daily gains.
- SEC acknowledges Grayscale's 19b-4 filing for its spot $XRP ETF.
- XRP ranks third by market cap with $158 billion and a price of $2.70+.
- XRP technical analysis shows potential for further price increase, with a target at around $3.60.
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Newsbtc
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XRP Spikes 5% After SEC’s ETF Acknowledgment Sends ‘Enormous Message’
- The US Securities and Exchange Commission (SEC) has officially acknowledged Grayscale Investments' filing to convert its XRP Trust into an exchange-traded fund (ETF)
- The acknowledgment starts the regulatory review process, allowing public commentary and multiple rounds of decision-making
- The SEC's willingness to review the filing may indicate an openness to settle or drop the ongoing legal dispute with Ripple
- Following the news, XRP's price rose by over 5%, but it failed to break through a major resistance level
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Cryptopotato
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Bitcoin (BTC) Reclaims $97K, Ripple (XRP) Soars by 12% Daily (Market Watch)
- Bitcoin (BTC) has climbed by 1% and reclaimed the $97,000 mark in the cryptocurrency market.
- Ripple's XRP experienced a significant increase of 12% in its valuation.
- BTC had a volatile week, dropping below $95,000 and reaching a high of $98,000 before settling around $97,000.
- Other altcoins such as Ethereum, Solana, Dogecoin, and Cardano also saw moderate gains, while Binance Coin and TRON experienced declines.
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Crypto-News-Flash
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XRP Demand to Soar? Ripple’s RLUSD Stablecoin Targets $230B Payments Sector
- Ripple has launched its stablecoin, Ripple USD (RLUSD), positioning XRP as a key liquidity asset.
- RLUSD will compete with stablecoin giants like Tether and Circle's USDC in the $150 billion stablecoin market.
- RLUSD aims to enhance Ripple's international payment network and strengthen its On-Demand Liquidity (ODL) services.
- Experts predict that RLUSD's launch could drive greater demand for XRP, potentially increasing its utility and price.
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Cryptopotato
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Crypto Price Analysis February-14: ETH, XRP, ADA, BNB, and SOL
- Ethereum (ETH) is showing signs of bottoming out and a potential reversal. If it breaks above $2,800, it could rally back above $3,000.
- Ripple (XRP) had a 16% price increase but is still facing significant resistance at $3. Breaking this level will be crucial for further gains.
- Cardano (ADA) found support at 64 cents and made steady gains. It needs to break the resistance at 90 cents to reverse the downtrend.
- Binance Coin (BNB) saw a 15% price increase but struggled to surpass the key resistance at $700. Buyers need to gather strength for a new push.
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Bitcoinist
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Retail Flees Bitcoin, But XRP, Ethereum Continue To See Adoption
- Retail investors are liquidating their Bitcoin wallets but buying into XRP and Ethereum.
- The Total Amount of Holders for XRP and Ethereum has been increasing, indicating new investors joining the networks.
- In contrast, the Total Amount of Holders for Bitcoin has seen a decline, suggesting investors are exiting the network.
- A decline in retail belief in Bitcoin is historically seen as a positive sign for mid to long term price performance.
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Cryptoninjas
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SEC Acknowledges Grayscale’s XRP & Dogecoin ETF Filings: A Game Changer or Regulatory Roadblock?
- The SEC is reviewing Grayscale’s spot ETF filings for XRP and Dogecoin, a potential watershed moment.
- Legal battles surrounding XRP and Dogecoin’s meme status pose hurdles to approval.
- SEC's stance under new leadership may influence the outcome of ETF applications.
- SEC acknowledges Grayscale's filings for XRP and Dogecoin ETFs, signaling potential market shift.
- Acknowledgment bridges institutional and retail investor gap, but legal hurdles remain.
- SEC to scrutinize Grayscale's XRP and Dogecoin Trust filings thoroughly in a 240-day review process.
- XRP's legal battle with SEC could impact ETF approval, depending on lawsuit outcome.
- Dogecoin must move beyond meme status to gain SEC approval, showing real-world utility.
- SEC's evolving perspective under new leadership may influence XRP and Dogecoin outcomes.
- Potential XRP ETF could boost market accessibility, liquidity, and attract institutional investments.
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Crypto-News-Flash
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Crypto News: Ripple Custody and The $20T Crypto Opportunity for Fintechs
- Fintech firms like Ripple are leveraging their agility and advanced technology to offer secure and compliant digital asset custody solutions to institutions and retail users.
- Digital assets are predicted to constitute 10% of global holdings by 2030, creating a $20 trillion opportunity for institutional digital asset custody.
- Ripple Custody is emerging as a powerful solution, offering flexible deployment models, customizable controls, and tokenization capabilities.
- As digital assets continue to gain momentum, Ripple Custody is already making waves with customer growth exceeding 250% year-over-year in 2024.
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Bitcoinsensus
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SEC Acknowledges XRP ETF Request: What Does it Mean?
- The SEC acknowledges NYSE Arca's request to list Grayscale XRP Trust as an ETF.
- The application will progress to stages of examination and public feedback.
- XRP ETF approval could impact the ongoing Ripple lawsuit and the crypto market.
- XRP regains $2.50 margin after ETF acknowledgment with a spike in value and market capitalization.
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Crypto-News-Flash
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XRP News: Is the Ripple Lawsuit Over? SEC to Discuss Settlements in Key Meeting Today
- A closed-door meeting is scheduled for today between the SEC and Ripple, and could result in an outcome of the lawsuit.
- A withdrawal of the SEC’s appeal could trigger institutional adoption and pave the way for a Ripple IPO, opening up new opportunities in the cryptocurrency market.
- The meeting will address critical issues related to the Ripple lawsuit and enforcement proceedings, which are significant for Ripple and XRP holders.
- A favorable outcome could lead to an XRP rally and unlock major opportunities for Ripple, including the potential for a Ripple IPO and the approval of XRP-based Exchange Traded Funds.
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Crypto-News-Flash
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Real-World Asset Tokenization Goes Mainstream – XRPL Leads the Way
- Ripple is leveraging RWA tokenization by using the XRP Ledger to enhance the financial sector.
- XRPL enables fast, low-cost transactions with built-in security and decentralized exchange capabilities.
- Real-world asset tokenization is reshaping finance, making traditional assets more accessible and efficient.
- Ripple aims to increase the circulation of RWA tokens through partnerships and expansion of tokenized asset use cases.
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Cryptoticker
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Grayscale XRP ETF Proposal: What It Means for XRP Future
- Grayscale has submitted a proposal to the SEC to convert its XRP Trust into an exchange-traded fund (ETF).
- The SEC is set to review Grayscale's proposal, with a potential acknowledgment coming as early as February 14, 2025.
- The possibility of an XRP ETF has sparked renewed optimism among investors and led to a surge in trading volumes on XRP-native applications.
- If the SEC approves Grayscale's proposal, XRP price could experience a significant surge, similar to Bitcoin's rally following ETF approvals.
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