Flare’s three-phase plan includes launching the FAssets v1 mainnet, which bridges non-smart contract tokens like XRP, DOGE, and BTC into DeFi. XRPFi introduces FXRP, a tokenized version of XRP for smart contract interactions without relinquishing control of the original XRP. Tomorrow, April 29, a new decentralized finance (DeFi) ecosystem for the XRP holders known as…
Ripple, the fourth-largest digital asset by market capitalization, has overtaken Ethereum to become the most traded altcoin in Japan. Just like in the United States, Japan is on the verge of a banking transformation, with nearly 80% of the country’s banks planning to adopt XRP in 2025. Recent data from SBI VC Trade, one of…
ProShares is all Set To debut three new XRP ETFs as it has received approval from the Unites States Securities and Exchange Commission. ProShares is a united states-based company which issues exchange-traded funds (ETFs). ProShares To Launch Three XRP ETFs on 30th of April This Year As per a recent US SEC filing, the US-based…
Ripple has bought Hidden Road to strengthen its institutional business line using cash, XRP, and treasury stock. SBI Holdings earlier confirmed the deal and underlined the role of Ripple in financial breakthroughs. Ripple Labs Inc. has stepped up its global outreach by acquiring Hidden Road, a prime brokerage platform, through cash, XRP, and the company’s…
On May 19, the Chicago Mercantile Exchange is set to launch XRP futures contracts, pending final regulatory approval. Brad Garlinghouse expressed his enthusiasm about the launch of XRP futures, emphasizing how significant this move is for the continued expansion of XRP. The CME Group, recognized as the world’s largest derivatives exchange, announced plans to introduce…
Rising wallet activity and tightening Bollinger Bands suggest XRP could be gearing up for significant market moves. The upcoming SEC meeting and Ripple case developments may heavily influence XRP’s price direction and investor sentiment. According to XRP’s recent network activity, it has seen a significant uptick, with a 67.5% increase in unique wallet addresses involved…
BarriC, a crypto analyst, has sparked conversations within the XRP community on X with his forecast that XRP may eventually hit $1,000. The approval of XRP-based Exchange-Traded Funds by the SEC could be a catalyst for the $1000 mark and possibly mirror the success of BTC ETFs. Since April 16, when the U.S. Court of…
XRP dropped to $2.14 amid declining market confidence. Derivatives data showed a 2.66% dip in Open Interest and significant liquidation of long positions. Technically, XRP is trading near critical support levels, with immediate zones at $2.11 and $2.14. Wednesday was a bullish day for Ripple’s XRP, which hit intraday highs of $2.30 in the midweek….
In an interview with CNBC on April 24, Ripple President Monica Long acknowledged that the U.S. is beginning to take a more favorable stance toward cryptocurrency. However, she clarified that an IPO is not currently under discussion and that Ripple is focusing on strengthening its presence in the U.S. through acquisitions. Monica Long, President of…
Cardano co-founder has disclosed that crypto users could soon hold, send, and receive XRP tokens in their non-custodial blockchain wallet, Lace. XRP users would also participate in the Midnight airdrop, which is expected to include 37 million users, underscoring the improved relationship between Cardano’s Charles Hoskinson and the Ripple community. Cardano (ADA) co-founder Charles Hoskinson…
