XRP

Analysts and Ripple executives anticipate the approval of a spot-based XRP ETF

January 15, 2025 2 mins read

Analysts and Ripple executives anticipate the approval of a spot-based XRP ETF. Ripple has faced significant regulatory challenges, particularly in its legal battle with the SEC. CTO David Schwartz discussed the company’s media strategy during this time, highlighting the struggle against misinformation while navigating legal complexities. Recently, there has been growing speculation about the approval of a spot-based XRP ETF, with analysts and Ripple executives optimistic about its potential to

The US, Japan, and South Korea condemn North Korea’s $1.3 billion crypto theft in 2024

January 15, 2025 1 min read

The United States, Japan, and South Korea have condemned North Korea’s cyberattacks, highlighting their threat to global security. They called for better cooperation between public and private sectors to combat these attacks and recover stolen funds. In 2024, North Korean hackers stole over $1.3 billion in cryptocurrency, funding missile and weapons programs. The joint statement pointed out the sophisticated methods used by North Korean hackers, who often target cryptocurrency exchanges

XRP is up by over 10% with a market cap of $145B

January 12, 2025 1 min read

XRP has experienced a significant rise of 9.89%, reaching $2.59, driven by recent adoption news. Currently, it is trading at $2.52, reflecting a 7.42% increase in the last 24 hours. This surge indicates growing interest in XRP, highlighted by increased trading volumes and emerging technical patterns. The market capitalization of XRP has climbed to $144.68 billion, also up by 7.42%. The trading volume in the past 24 hours has surged

US charges 3 Russians for crypto money laundering

January 12, 2025 1 min read

Three individuals, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, have been indicted for running crypto mixing services Blender.io and Sinbad.io. These platforms allegedly helped criminals launder funds from ransomware attacks and other crimes. U.S. Attorney Ryan K. Buchanan emphasized the commitment to dismantling cybercriminal infrastructure. The indictment states that these mixers provided a way to hide the origins of illegally obtained cryptocurrency. Brent S. Wible, from the

Grayscale Investments rebalances its crypto fund

January 11, 2025 1 min read

Grayscale Investments, a prominent crypto asset manager, has rebalanced four key investment funds for 2025 following its Q4 2024 portfolio review. The funds affected are the Grayscale Decentralized AI Fund (AI Fund), Decentralized Finance Fund (DeFi Fund), Digital Large Cap Fund (GDLC Fund), and Smart Contract Platform Ex-Ethereum Fund (GSCPxE Fund). In the AI Fund, Grayscale sold some assets and introduced Livepeer (LPT) along with tokens like NEAR Protocol, Render,

Bhutan to adopt Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) as reserves

January 9, 2025 1 min read

The idea of digital asset strategic reserves is becoming popular. Vancouver’s Mayor has proposed making the city Bitcoin-friendly to protect reserves. Meanwhile, the Satoshi Action Fund plans to introduce up to 20 bills for Strategic Bitcoin Reserves across various US states. With the upcoming Trump election and expectations of a crypto bull run, many countries are starting to see the benefits of digital assets for reserve preservation. El Salvador was

Ripple president says XRP ETF could soon be a reality

January 8, 2025 1 min read

An XRP exchange-traded fund (ETF) may soon be approved, according to Ripple President Monica Long in a recent Bloomberg interview. She expressed optimism about the future of crypto regulations in the U.S., suggesting that XRP could be next in line for an ETF after Bitcoin and Ether. Long believes that with the change in administration, the approval process for crypto filings will speed up. Ripple is also launching its new

Ripple CEO Brad Garlinghouse calls the 119th US Congress the most pro-crypto in history

January 7, 2025 1 min read

The 119th US Congress is being recognized as a pivotal moment for the crypto sector, with Ripple CEO Brad Garlinghouse expressing optimism about its potential to reshape the industry. On January 3, he highlighted the arrival of 298 pro-crypto legislators from both political parties, indicating a significant shift in Washington’s approach to digital assets. This sentiment is echoed by the crypto advocacy group Stand With Crypto, which anticipates productive collaboration

RLUSD, Ripple’s USD-pegged stablecoin, sees over 2000% surge in trading volume

January 6, 2025 1 min read

Ripple‘s USD-pegged stablecoin, RLUSD, has experienced a remarkable 2000% increase in trading volume shortly after its launch, reaching $612.85 million, according to CoinMarketCap. This surge has positioned RLUSD as the fourth most-traded stablecoin, with a market cap of $53.1 million. However, skepticism surrounds the authenticity of these figures, given the brief time since its introduction. A significant portion of the trading volume—over 96%—is attributed to the cryptocurrency exchange Bullish, which

Can XRP hit $11? Here what analyst says

January 6, 2025 1 min read

XRP is currently witnessing a surge in market sentiment, recently reaching a psychological price of $2.50. This positive momentum has ignited optimism among XRP supporters, although analyst Ali Martinez cautions that predicting a price in the double digits may be premature. He highlights that XRP is consolidating within a bull pennant pattern, with the token trading around $2.44 and facing significant resistance at $2.73. According to Martinez, breaking this resistance

XRP trading volume outpaces Bitcoin and Dogecoin on major South Korean exchanges

January 4, 2025 1 min read

The excitement surrounding XRP continues to grow, particularly as it dominates trading volumes on South Korean cryptocurrency exchanges, signaling a potential price rebound. Notably, XRP has outperformed major cryptocurrencies like Bitcoin and Dogecoin in trading activity. Jaime Rogozinski, founder of WallStreetBets, recently highlighted this trend on social media, noting that XRP’s trading volume on platforms such as Upbit, Bithumb, Coinone, and Korbit has surged significantly. For instance, XRP’s trading volume

China enforces stricter rules requiring banks to monitor and report risky crypto transactions

January 2, 2025 1 min read

China has implemented stringent regulations aimed at monitoring and reporting risky foreign exchange and cryptocurrency transactions, as part of its ongoing effort to combat illegal cross-border financial activities. The State Administration of Foreign Exchange (SAFE) has mandated that banks track transactions related to underground banking, cross-border gambling, and illicit crypto activities. This initiative requires banks to scrutinize the identities of individuals and institutions involved, trace the sources of funds, and