Brazil’s approval of the world’s first spot XRP ETF positions the country as a leader in crypto adoption and regulation. This move could encourage global regulators to consider similar cryptocurrency-based financial products, increasing institutional interest in XRP. Brazil’s Securities and Exchange Commission (CVM) has approved the world’s first spot XRP exchange-traded fund (ETF), introduced by…
Despite leadership changes, the SEC continues its legal battle with Ripple, prioritizing the case for resolution. XRP’s price is impacted by the legal uncertainty, with future growth depending on the case’s outcome and regulatory shifts. Even though XRP ETFs are under the U.S. Securities and Exchange Commission (SEC) review, as predicted by a CNF post,…
XRP price pump comes amid the approval of the first XRP ETF in Brazil from Hashdex thereby driving investor euphoria. This development follows the U.S. SEC’s acknowledgment of multiple XRP ETF filings from prominent firms like Bitwise, Grayscale, and WisdomTree. The XRP price has surged over 6% in the last 24 hours, surging past $2.70 while…
SEC’s acknowledgment of multiple XRP ETF filings signals increased regulatory consideration, but approval is not yet guaranteed. Global interest in XRP ETFs, including Brazil’s first spot XRP ETF, could drive institutional demand and market growth. As predicted in a recent CNF update, the U.S. Securities and Exchange Commission (SEC) may recognize XRP ETF filings this…
XLM’s bullish trend is supported by strong technical indicators and key strategic partnerships with Circle and MoneyGram. If momentum continues, XLM could target $0.65 by late 2025, with a possible surge to $1.32 by May 2025. Despite bullish signals for Ripple (XRP) and Stellar (XLM) previously discussed in a CNF update, Stellar Lumens (XLM), the…
Bitcoin price move above $100,000 could lead to retesting the January high of $106,457, while a drop below $94,000 may push the price toward $90,000. Ethereum has rebounded from its recent dip below $2,600, while Ripple’s XRP is facing strong resistance at $2.72. After a period of brief consolidation recently, the Bitcoin price could be…
Ripple’s blockchain-powered payment solutions offer a faster and cheaper alternative to SWIFT, positioning XRP as a key player in global finance. If Ripple captures even a small share of SWIFT’s transaction volume, XRP’s price could see substantial gains. According to CNF updates, Ripple has been identified as a major rival to SWIFT, with XRP poised…
XRPL is gearing up for significant upgrades, enhancing programmability, compliance features, and lending capabilities while upholding its core values. Ripple CTO David Schwartz unveiled XRPL’s roadmap on X, introducing custom logic enhancements that expand functionality while preserving consensus integrity. The XRP Ledger (XRPL) is undergoing a major shift towards enhanced programmability and Institutional Lending as…
The current broad market downtrend forces Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) to trade below crucial support levels as analysts anticipate further corrections. Bitcoin enters below the oversold territory on the Relative Strength Index (RSI) reading as it struggles to maintain its current level. The crypto market’s woes continue as the top assets break…
The introduction of XLS-40 enables decentralized identity (DID) management on XRP Ledger, offering self-sovereign identity control and supporting AML/KYC compliance. XRPL now incorporates native price oracles, ensuring accurate, real-time asset pricing essential for tokenized RWAs and cross-chain transactions. The XRP Ledger (XRPL) is quickly evolving into a central infrastructure for institutional decentralized finance (DeFi), incorporating…
