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šRipple XRP Price Will Rocket to 60% After XRP ETF Launch š
Rippleās native cryptocurrency XRP has shown major strength during the crypto market pullback, despite a 400% gain amid rising hopes of an XRP ETF launch. Ripple price is currently trading in a bull-flag pattern and eyeing a breakout to the $3.5 level.
Despite the current pullback, XRP is still trading 44% up on the monthly chart.
Amid the broader market sell-off, Ripple price bounced back from the lows of $2 and is holding the crucial support of $2.18 as of press time.
On the technical chart, XRP is making a bull flag pattern and could rally to $3.5, gaining another 60% from the current levels. However, Rippleās native crypto first needs to break above $2.42.
Crypto analyst Ali Martinez has shared his outlook on XRP, suggesting that if Ripple price can maintain support above $2.20, it may consolidate before attempting another push toward the $2.70 resistance level. However, he cautioned that if the $2.20 support fails, a decline to $1.96 could be imminent.
šWhale Activity Pushes Ripple Price Higher
Amid the crypto market crash during the last week, XRP whales saw an opportunity to add more coins amid Ripple price retrace. Following the first major correction on December 17 last week, XRP whales accumulated.
RLUSD Stablecoin Launch to Benefit XRP
Ripple Labs CTO David Schwartz recently commented on the companyās new RLUSD stablecoin, which went live last week.
š²XRP ETF Demand on the Rise
With President-elect Donald Trump set to take office next month in January, the market is optimistic that Ripple will soon settle the SEC lawsuit. Last week, there were strong sentiments on the filing of BlackRock spot XRP ETF. However, BlackRockās head of ETF Jay Jacobs denied the rumors soon after.
$XRP
#MarketRebound #BinanceLaunchpoolBIO #BinanceLabsBacksUsual #xrpetf
Rippleās native cryptocurrency XRP has shown major strength during the crypto market pullback, despite a 400% gain amid rising hopes of an XRP ETF launch. Ripple price is currently trading in a bull-flag pattern and eyeing a breakout to the $3.5 level.
Despite the current pullback, XRP is still trading 44% up on the monthly chart.
Amid the broader market sell-off, Ripple price bounced back from the lows of $2 and is holding the crucial support of $2.18 as of press time.
On the technical chart, XRP is making a bull flag pattern and could rally to $3.5, gaining another 60% from the current levels. However, Rippleās native crypto first needs to break above $2.42.
Crypto analyst Ali Martinez has shared his outlook on XRP, suggesting that if Ripple price can maintain support above $2.20, it may consolidate before attempting another push toward the $2.70 resistance level. However, he cautioned that if the $2.20 support fails, a decline to $1.96 could be imminent.
šWhale Activity Pushes Ripple Price Higher
Amid the crypto market crash during the last week, XRP whales saw an opportunity to add more coins amid Ripple price retrace. Following the first major correction on December 17 last week, XRP whales accumulated.
RLUSD Stablecoin Launch to Benefit XRP
Ripple Labs CTO David Schwartz recently commented on the companyās new RLUSD stablecoin, which went live last week.
š²XRP ETF Demand on the Rise
With President-elect Donald Trump set to take office next month in January, the market is optimistic that Ripple will soon settle the SEC lawsuit. Last week, there were strong sentiments on the filing of BlackRock spot XRP ETF. However, BlackRockās head of ETF Jay Jacobs denied the rumors soon after.
$XRP
#MarketRebound #BinanceLaunchpoolBIO #BinanceLabsBacksUsual #xrpetf
I'm so desperate. I lost it while trying to save my daughter's surgery money. Please help me š My 9-month-old baby will have heart surgery. surgery fee is 25 K dollars. I had 3 K dollars, a phenomenon tricked me, saying buy WLD coin and you will win, but it didn't work... Please support a desperate mother and her baby. I don't want to lose my baby for 25 K dollarsššššššš
Ä°D 446312137
#åøå®Alphaå ¬åøē¬¬6ę¹é”¹ē®ä»£åø #BtcNewHolder #SolanaUSTD #xrpetf #Ethereum
Ä°D 446312137
#åøå®Alphaå ¬åøē¬¬6ę¹é”¹ē®ä»£åø #BtcNewHolder #SolanaUSTD #xrpetf #Ethereum
this could be the last time $XRP is under 3$
for sure next year it will never be this price again. we will all look back and think what a rocky road it has been to the top of this mountain.
then proceed to climb down over to the next mountain.
#XRP #XRPETF #RLUSDLAUNCH
for sure next year it will never be this price again. we will all look back and think what a rocky road it has been to the top of this mountain.
then proceed to climb down over to the next mountain.
#XRP #XRPETF #RLUSDLAUNCH
bottomline is SCARCITY. If you have something that is becoming increasingly rare and valuable then the price will only go up. thats the bottom line. the bitcoin model is all you need to refer to.
bots exist, institutions, exist, yes they work against you the small retailer. but as long as you know what you hold you are golden. buy and hold your $XRP kids. buy as much as you can afford.
#XRP #RLUSD #ISO20022 #XRPETF
bots exist, institutions, exist, yes they work against you the small retailer. but as long as you know what you hold you are golden. buy and hold your $XRP kids. buy as much as you can afford.
#XRP #RLUSD #ISO20022 #XRPETF
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What is XRP?
What is XRP?
XRP is a digital asset from Ripple Labs, created in 2012 with the goal of providing a faster and more efficient global payment system compared to traditional systems such as SWIFT. XRP is based on distributed ledger technology and uses the Recurring Protocol Consensus Algorithm (RPCA) instead of traditional mining, making transactions faster and less expensive.
XRP is a digital asset from Ripple Labs, created in 2012 with the goal of providing a faster and more efficient global payment system compared to traditional systems such as SWIFT. XRP is based on distributed ledger technology and uses the Recurring Protocol Consensus Algorithm (RPCA) instead of traditional mining, making transactions faster and less expensive.
if i were smart i would spot buy as much XRP now before it shoots through the roof.
$XRP is a long hold. dont get scared. it will go up and stay up. institutions want and need it.
if you are a small retail buyer which you are. just buy it up and hold as much as you can wait till october to decide if you want to sell some off.
i personally am going to hoard it. and hold it for as long as it takes to go to 1000$. ill take some profits on the way up but im buying every dip to see the long term gains.
#xrp #xrpetf #rlusd #doaswhalesdo
$XRP is a long hold. dont get scared. it will go up and stay up. institutions want and need it.
if you are a small retail buyer which you are. just buy it up and hold as much as you can wait till october to decide if you want to sell some off.
i personally am going to hoard it. and hold it for as long as it takes to go to 1000$. ill take some profits on the way up but im buying every dip to see the long term gains.
#xrp #xrpetf #rlusd #doaswhalesdo
š SEC Approval for XRP ETF, Could Propel Price to $100! šš¹
As the spotlight shifts from Spot Bitcoin ETFs to potential XRP ETFs, Valkyrie's Chief Investment Officer, Steve McClurg, adds fuel to the excitement. In an interview with Bloomberg, McClurg shares insights into the growing anticipation for altcoin ETFs, particularly highlighting the possibility of Ripple's XRP being the next in line.
š Key Points from McClurg's Interview:
Altcoin ETFs on the Horizon: With the recent SEC approval of Spot Bitcoin ETFs, McClurg anticipates a ripple effect, with altcoins like Ethereum potentially following suit. He suggests that Ethereum ETF filings may surge in the wake of Bitcoin's approval.
XRP ETF Potential: McClurg expresses optimism about the possibility of Ripple's XRP being approved for an ETF. In his words, "It wouldn't surprise me if we saw Ripple or Ethereum spot ETFs out there."
Valkyrie's Stance: While discussing the potential for an XRP ETF, McClurg clarifies that Valkyrie's involvement is uncertain. Despite their active role in Bitcoin and Ethereum ETFs, Valkyrie has yet to show explicit interest in XRP.
Crypto's Unpredictability: Acknowledging the unpredictability of the crypto market, McClurg emphasizes the challenge of foreseeing asset managers' interests. The market dynamics remain fluid, making it uncertain which assets will attract attention next.
š XRP Price Projection: Could $100 Be in Sight?
As discussions about a potential XRP ETF gain momentum, the crypto community speculates on the impact on XRP's price. While McClurg doesn't commit to Valkyrie's involvement, his optimistic outlook fuels speculation on the potential for a significant price surge, possibly reaching $100.
š Stay Informed, Stay Ahead! Follow The Blockopedia for Crypto Insights! šš”
#xrpetf #ETFApproved #BitcoinETFapproved #cryptocurrency #crypto2024
As the spotlight shifts from Spot Bitcoin ETFs to potential XRP ETFs, Valkyrie's Chief Investment Officer, Steve McClurg, adds fuel to the excitement. In an interview with Bloomberg, McClurg shares insights into the growing anticipation for altcoin ETFs, particularly highlighting the possibility of Ripple's XRP being the next in line.
š Key Points from McClurg's Interview:
Altcoin ETFs on the Horizon: With the recent SEC approval of Spot Bitcoin ETFs, McClurg anticipates a ripple effect, with altcoins like Ethereum potentially following suit. He suggests that Ethereum ETF filings may surge in the wake of Bitcoin's approval.
XRP ETF Potential: McClurg expresses optimism about the possibility of Ripple's XRP being approved for an ETF. In his words, "It wouldn't surprise me if we saw Ripple or Ethereum spot ETFs out there."
Valkyrie's Stance: While discussing the potential for an XRP ETF, McClurg clarifies that Valkyrie's involvement is uncertain. Despite their active role in Bitcoin and Ethereum ETFs, Valkyrie has yet to show explicit interest in XRP.
Crypto's Unpredictability: Acknowledging the unpredictability of the crypto market, McClurg emphasizes the challenge of foreseeing asset managers' interests. The market dynamics remain fluid, making it uncertain which assets will attract attention next.
š XRP Price Projection: Could $100 Be in Sight?
As discussions about a potential XRP ETF gain momentum, the crypto community speculates on the impact on XRP's price. While McClurg doesn't commit to Valkyrie's involvement, his optimistic outlook fuels speculation on the potential for a significant price surge, possibly reaching $100.
š Stay Informed, Stay Ahead! Follow The Blockopedia for Crypto Insights! šš”
#xrpetf #ETFApproved #BitcoinETFapproved #cryptocurrency #crypto2024
š XRP ETF Filing To Come Within Weeks After Bitcoin ETF Approval? šš¤
Exciting times ahead for the crypto community as the United States Securities and Exchange Commission (SEC) gears up for the anticipated approval of the first-ever spot Bitcoin ETF! But that's not allārumors are circulating about a potential XRP ETF filing following this groundbreaking development. Let's dive into the buzz surrounding this speculative move.
1. XRP ETF on the Horizon? š
As the crypto world eagerly anticipates the SEC's approval of the spot Bitcoin ETF before the January 10, 2024 deadline, speculations are rife about an impending XRP ETF filing. Crypto influencer Jack The Rippler shares a screenshot indicating that an XRP ETP named Amun Ripple AXRP ETP is registered with Fidelity, sparking talks about a potential XRP ETF in the making.
2. Legal Landscape Favors Ripple: A Game-Changer? āļø
Despite Ripple's legal history with the SEC, recent developments, including a summary judgment by Judge Analisa Torres, have shifted the regulatory standpoint in favor of the company. The judgment ruled that the sale of XRP tokens to retail buyers doesn't qualify as securities assets. This positive regulatory outlook has fueled confidence among ETF applicants, including industry giants like Blackrock, Van Eck, Fidelity, Bitwise, and Valkyrie.
3. April 2024: Mark Your Calendars for a Potential ETF Filing! šļø
XRP whales in the community, notably the popular X account, hint at an ETF application surfacing in April 2024, with plans for the ETF launch before the year's end. While this speculative move could inject significant bullish momentum into the crypto ecosystem, there's no official communication from potential issuers as of now.
š XRP Price Dynamics: Awaiting the Next Move
While Bitcoin (BTC) showcased robust performance, reaching the $45,000 mark, XRP's price momentum has been more subdued in recent weeks.
š® Stay Tuned for Crypto Updates: Follow The Blockopedia for the Latest Insights! šš°
#xrpetf #XRPBullRun #XRPSurge #cryptocurrency #crypto2024
Exciting times ahead for the crypto community as the United States Securities and Exchange Commission (SEC) gears up for the anticipated approval of the first-ever spot Bitcoin ETF! But that's not allārumors are circulating about a potential XRP ETF filing following this groundbreaking development. Let's dive into the buzz surrounding this speculative move.
1. XRP ETF on the Horizon? š
As the crypto world eagerly anticipates the SEC's approval of the spot Bitcoin ETF before the January 10, 2024 deadline, speculations are rife about an impending XRP ETF filing. Crypto influencer Jack The Rippler shares a screenshot indicating that an XRP ETP named Amun Ripple AXRP ETP is registered with Fidelity, sparking talks about a potential XRP ETF in the making.
2. Legal Landscape Favors Ripple: A Game-Changer? āļø
Despite Ripple's legal history with the SEC, recent developments, including a summary judgment by Judge Analisa Torres, have shifted the regulatory standpoint in favor of the company. The judgment ruled that the sale of XRP tokens to retail buyers doesn't qualify as securities assets. This positive regulatory outlook has fueled confidence among ETF applicants, including industry giants like Blackrock, Van Eck, Fidelity, Bitwise, and Valkyrie.
3. April 2024: Mark Your Calendars for a Potential ETF Filing! šļø
XRP whales in the community, notably the popular X account, hint at an ETF application surfacing in April 2024, with plans for the ETF launch before the year's end. While this speculative move could inject significant bullish momentum into the crypto ecosystem, there's no official communication from potential issuers as of now.
š XRP Price Dynamics: Awaiting the Next Move
While Bitcoin (BTC) showcased robust performance, reaching the $45,000 mark, XRP's price momentum has been more subdued in recent weeks.
š® Stay Tuned for Crypto Updates: Follow The Blockopedia for the Latest Insights! šš°
#xrpetf #XRPBullRun #XRPSurge #cryptocurrency #crypto2024
"BlackRock CEO Larry Fink Breaks Silence on XRP ETF Potential"
Larry Fink, the Chief Executive Officer of BlackRock, the worldās largest asset management firm, has commented on the potential for an exchange-traded fund (ETF) involving XRP.
Read more on: https://thecryptobasic.com/2024/01/13/blackrock-ceo-larry-fink-comments-on-prospects-of-an-xrp-etf/
#XRPUnlock #xrpetf #cryptocurrecny #CryptoNewsLand #CryptoNewsšš°š«
Read more on: https://thecryptobasic.com/2024/01/13/blackrock-ceo-larry-fink-comments-on-prospects-of-an-xrp-etf/
#XRPUnlock #xrpetf #cryptocurrecny #CryptoNewsLand #CryptoNewsšš°š«
šUnveiling the Future of #XRP : Breaking Resistance and Potential #xrpetf Launchš
Currently, XRP is facing resistance at $0.63. Once this barrier is surpassed, the next resistance levels are projected at $0.93 to $1.02, with further resistance at $1.35-$1.40 before potentially reaching its all-time high of $1.96. When will this happen? The value of the XRP token is tied to its growing utility, which could unlock its potential value.
Moreover, the idea of an XRP ETF is gaining traction. #Ripple CEO Brad Garlinghouse recently stated that an XRP ETF is "inevitable." Share your thoughts, and let's discuss our perspectives. Interestingly, when #BlackRockā© 's Larry Fink was asked about the possibility of an XRP ETF, he responded that he couldn't discuss it. Personally, I think if BlackRock wasn't considering it, he would have simply said "No." Could this be a subtle "Yes"?
The speculation is that BlackRock might be working on an XRP ETF. Let's keep the conversation going and explore the exciting possibilities for $XRP - Comment and Share.
Currently, XRP is facing resistance at $0.63. Once this barrier is surpassed, the next resistance levels are projected at $0.93 to $1.02, with further resistance at $1.35-$1.40 before potentially reaching its all-time high of $1.96. When will this happen? The value of the XRP token is tied to its growing utility, which could unlock its potential value.
Moreover, the idea of an XRP ETF is gaining traction. #Ripple CEO Brad Garlinghouse recently stated that an XRP ETF is "inevitable." Share your thoughts, and let's discuss our perspectives. Interestingly, when #BlackRockā© 's Larry Fink was asked about the possibility of an XRP ETF, he responded that he couldn't discuss it. Personally, I think if BlackRock wasn't considering it, he would have simply said "No." Could this be a subtle "Yes"?
The speculation is that BlackRock might be working on an XRP ETF. Let's keep the conversation going and explore the exciting possibilities for $XRP - Comment and Share.
Rippleās Settlement May Lead to XRP ETF Launch
A recent court ruling has paved the way for a potential spot XRP ETF. The decision clarified that XRP sales to everyday investors are now legal, boosting market optimism. Expert Doctor Profit predicts that XRPās price could rise to $16-$20 if an ETF is approved.
Ripple was fined $125 million and must follow new rules, but XRP was confirmed not to be a security, which could lead to an ETF approval and good news for investors.
Rippleās Legal Fine and Future Prospects for XRP
Renowned analyst points out that Rippleās recent legal fine stemmed from XRP sales to institutional investors, which were found to violate securities laws. Fortunately, the court ruled that XRP sales to regular investors did not breach any regulations, bringing relief to the XRP community.
With the legal issues concerning XRPās retail sales now resolved, there is growing excitement about new financial opportunities in cryptocurrency. The analyst is optimistic that XRP could soon be included inĀ Exchange-Traded FundĀ (ETF) applications. Such inclusion could open new investment avenues and significantly enhance XRPās visibility and presence in the financial sector.
Doctor Profit Predicts XRP ETF Approval and Market Growth
Popular crypto traderĀ Doctor ProfitĀ suggests that Ripple and the SEC might be working on an XRP ETF, with Bitcoin and Ethereum expected to be approved first. With the lawsuit resolved,Ā large investorsĀ who were previously hesitant can now invest in XRP confidently. This clarity is anticipated to positively influence XRPās market, showingĀ strong growthĀ potential.
XRP missed out on the 2021 bull runĀ due to legal challenges, but with these issues behind it, the market is poised for growth. Doctor Profit predicts that XRP could reach between $16 and $20 within a year. In a more conservative scenario, the price might fall between $4 and $7.
ā ļøDisclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#XRP #xrpetf
Ripple was fined $125 million and must follow new rules, but XRP was confirmed not to be a security, which could lead to an ETF approval and good news for investors.
Rippleās Legal Fine and Future Prospects for XRP
Renowned analyst points out that Rippleās recent legal fine stemmed from XRP sales to institutional investors, which were found to violate securities laws. Fortunately, the court ruled that XRP sales to regular investors did not breach any regulations, bringing relief to the XRP community.
With the legal issues concerning XRPās retail sales now resolved, there is growing excitement about new financial opportunities in cryptocurrency. The analyst is optimistic that XRP could soon be included inĀ Exchange-Traded FundĀ (ETF) applications. Such inclusion could open new investment avenues and significantly enhance XRPās visibility and presence in the financial sector.
Doctor Profit Predicts XRP ETF Approval and Market Growth
Popular crypto traderĀ Doctor ProfitĀ suggests that Ripple and the SEC might be working on an XRP ETF, with Bitcoin and Ethereum expected to be approved first. With the lawsuit resolved,Ā large investorsĀ who were previously hesitant can now invest in XRP confidently. This clarity is anticipated to positively influence XRPās market, showingĀ strong growthĀ potential.
XRP missed out on the 2021 bull runĀ due to legal challenges, but with these issues behind it, the market is poised for growth. Doctor Profit predicts that XRP could reach between $16 and $20 within a year. In a more conservative scenario, the price might fall between $4 and $7.
ā ļøDisclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#XRP #xrpetf
Ripple CEO Backs XRP ETF Proposal: Unveiling Potential Price Dynamics for Investors
- Ripple CEO Brad Garlinghouse responds to speculation regarding the potential introduction of an XRP Exchange Traded Fund (ETF).
- Garlinghouse emphasizes the importance of transparency in cryptocurrency regulations, citing recent developments with the SEC.
- Ripple's XRP has seen a 1.61% rise in the last day, signaling potential movement beyond current resistance levels.
In response to rumors surrounding the potential approval of an XRP spot Exchange Traded Fund (ETF), Ripple CEO Brad Garlinghouse shared his perspective during an interview with Bloomberg Television. Garlinghouse emphasized the need for clearer cryptocurrency regulations while remaining optimistic about the possibility of an XRP ETF launch, drawing parallels to historical market diversification strategies.
Throughout the interview, Garlinghouse expressed optimism regarding the prospects of an XRP ETF approval, citing the recent approval of a Bitcoin spot ETF as a positive indicator. Although he refrained from confirming the rumors, he expressed Ripple's support for such an initiative, foreseeing the inevitability of multiple ETFs covering different tokens.
Garlinghouse took the opportunity to reflect on Ripple's recent legal victory over the Securities and Exchange Commission (SEC), characterizing it as a significant milestone towards transparency in crypto regulations. He criticized the SEC's enforcement-focused approach, stressing the importance of clear industry guidelines.
Highlighting Ripple's legal battles with the SEC, Garlinghouse underscored the courts' consistent rulings against the agency and their affirmation that XRP does not qualify as a security. He expressed hope for regulatory clarity in the future, either through the SEC's recognition or congressional intervention.
Regarding XRP's price movement amidst ETF rumors, Ripple experienced a slight increase in value over the past 24 hours, with bullish trends observed on shorter timeframes. The potential approval of an XRP ETF could further impact price dynamics, with the possibility of a breakout from resistance levels.
In conclusion, Ripple's current price stands at $0.5403, reflecting fluctuations over the past 24 hours and a slight increase over the week. The cryptocurrency market remains highly volatile, and readers are advised to conduct their own research and exercise caution when making financial decisions.
#ripple #XRPPricePrediction #xrpetf #SEC #cryptocurrency
$XRP
- Garlinghouse emphasizes the importance of transparency in cryptocurrency regulations, citing recent developments with the SEC.
- Ripple's XRP has seen a 1.61% rise in the last day, signaling potential movement beyond current resistance levels.
In response to rumors surrounding the potential approval of an XRP spot Exchange Traded Fund (ETF), Ripple CEO Brad Garlinghouse shared his perspective during an interview with Bloomberg Television. Garlinghouse emphasized the need for clearer cryptocurrency regulations while remaining optimistic about the possibility of an XRP ETF launch, drawing parallels to historical market diversification strategies.
Throughout the interview, Garlinghouse expressed optimism regarding the prospects of an XRP ETF approval, citing the recent approval of a Bitcoin spot ETF as a positive indicator. Although he refrained from confirming the rumors, he expressed Ripple's support for such an initiative, foreseeing the inevitability of multiple ETFs covering different tokens.
Garlinghouse took the opportunity to reflect on Ripple's recent legal victory over the Securities and Exchange Commission (SEC), characterizing it as a significant milestone towards transparency in crypto regulations. He criticized the SEC's enforcement-focused approach, stressing the importance of clear industry guidelines.
Highlighting Ripple's legal battles with the SEC, Garlinghouse underscored the courts' consistent rulings against the agency and their affirmation that XRP does not qualify as a security. He expressed hope for regulatory clarity in the future, either through the SEC's recognition or congressional intervention.
Regarding XRP's price movement amidst ETF rumors, Ripple experienced a slight increase in value over the past 24 hours, with bullish trends observed on shorter timeframes. The potential approval of an XRP ETF could further impact price dynamics, with the possibility of a breakout from resistance levels.
In conclusion, Ripple's current price stands at $0.5403, reflecting fluctuations over the past 24 hours and a slight increase over the week. The cryptocurrency market remains highly volatile, and readers are advised to conduct their own research and exercise caution when making financial decisions.
#ripple #XRPPricePrediction #xrpetf #SEC #cryptocurrency
$XRP
šØ $XRP UPDATE šØ
#grayscale is set to launch the first U.S.-based XRP fund, with the goal of eventually converting it into a spot XRP ETF. š
Investments will be available only to accredited investors who meet the requirements.
š§XRP's price reacted with an immediate increase. š
#GrayscaleXRPTrust #xrpetf #XRPEscrow #ripple
#grayscale is set to launch the first U.S.-based XRP fund, with the goal of eventually converting it into a spot XRP ETF. š
Investments will be available only to accredited investors who meet the requirements.
š§XRP's price reacted with an immediate increase. š
#GrayscaleXRPTrust #xrpetf #XRPEscrow #ripple
š #ripple ās back?
$XRP just passed $SOL and $USDT to become the 3rd largest crypto by market cap.
Plus, theyāre waiting for regulatory approval to launch their stablecoin.
And if that's not enough, #WisdomTree , a major NY asset management firm, has just filed for a #xrpetf .
$XRP just passed $SOL and $USDT to become the 3rd largest crypto by market cap.
Plus, theyāre waiting for regulatory approval to launch their stablecoin.
And if that's not enough, #WisdomTree , a major NY asset management firm, has just filed for a #xrpetf .
š Top Experts Say XRP ETF is Next with Bitcoin ETF Approvedšš¹
Exciting times in the crypto space as the U.S. Securities and Exchange Commission (SEC) gives the green light to 11 Bitcoin spot exchange-traded funds (ETFs) after the long-awaited approval. Notable names like Grayscale, Bitwise, and BlackRock are among the authorized firms, paving the way for the expansion of the crypto investment landscape.
š Key Details:
Date: January 11, 2024Written by: Abdulkarim Abdulwahab
1. Bitcoin ETF Approval Unleashes Crypto Optimism:
Following the regulatory nod for Bitcoin ETFs, the crypto community is buzzing with anticipation. SEC Chairman Gary Gensler cites a significant court loss in 2023 as a catalyst for accelerating the approval process, signaling a more favorable stance towards crypto-related financial instruments.
2. XRP Community Gears Up for an ETF Boom:
Prominent figures in the XRP community express optimism about an impending XRP ETF. Panos Mekras, co-founder of Anodos Finance, believes it's only a matter of time, echoing the sentiment shared by crypto YouTuber Zach Rector. The consensus? An XRP ETF is inevitable and won't categorize XRP as a security.
š¼ Insights from XRP Community Leaders:
Panos Mekras: "An XRP ETF is only a matter of time."Zach Rector: "XRP ETF is coming whether we like it or not. And no, it does not make XRP a security."
3. Ripple Case Dynamics:
While optimism abounds, some community members caution that an XRP ETF might wait until a resolution in the SEC vs. Ripple case, which revolves around the contentious issue of Ripple's XRP sales to institutions.
š® The Future of XRP ETF: Confirmed by Top Executives:
Chief Investment Officer of Valkyrie, a company authorized for a Bitcoin ETF, hints at the possibility of an XRP ETF arriving concurrently with the endorsement of an Ethereum spot ETF.
šØ Stay Informed, Stay Ahead: Follow The Blockopedia for Real-time Crypto Insights! šš°
#xrpetf #ETFsApproval #BitcoinETFapproved #cryptocurrency #crypto2024
Exciting times in the crypto space as the U.S. Securities and Exchange Commission (SEC) gives the green light to 11 Bitcoin spot exchange-traded funds (ETFs) after the long-awaited approval. Notable names like Grayscale, Bitwise, and BlackRock are among the authorized firms, paving the way for the expansion of the crypto investment landscape.
š Key Details:
Date: January 11, 2024Written by: Abdulkarim Abdulwahab
1. Bitcoin ETF Approval Unleashes Crypto Optimism:
Following the regulatory nod for Bitcoin ETFs, the crypto community is buzzing with anticipation. SEC Chairman Gary Gensler cites a significant court loss in 2023 as a catalyst for accelerating the approval process, signaling a more favorable stance towards crypto-related financial instruments.
2. XRP Community Gears Up for an ETF Boom:
Prominent figures in the XRP community express optimism about an impending XRP ETF. Panos Mekras, co-founder of Anodos Finance, believes it's only a matter of time, echoing the sentiment shared by crypto YouTuber Zach Rector. The consensus? An XRP ETF is inevitable and won't categorize XRP as a security.
š¼ Insights from XRP Community Leaders:
Panos Mekras: "An XRP ETF is only a matter of time."Zach Rector: "XRP ETF is coming whether we like it or not. And no, it does not make XRP a security."
3. Ripple Case Dynamics:
While optimism abounds, some community members caution that an XRP ETF might wait until a resolution in the SEC vs. Ripple case, which revolves around the contentious issue of Ripple's XRP sales to institutions.
š® The Future of XRP ETF: Confirmed by Top Executives:
Chief Investment Officer of Valkyrie, a company authorized for a Bitcoin ETF, hints at the possibility of an XRP ETF arriving concurrently with the endorsement of an Ethereum spot ETF.
šØ Stay Informed, Stay Ahead: Follow The Blockopedia for Real-time Crypto Insights! šš°
#xrpetf #ETFsApproval #BitcoinETFapproved #cryptocurrency #crypto2024
šHere Is Likely Timeline For XRP Spot ETF šš¹
Last week marked a historic moment with the SEC approving spot Bitcoin ETFs in the U.S., setting the stage for a new era in crypto investment. Now, attention turns to Ethereum (ETH) and XRP, both in the spotlight as potential candidates for ETF approval. Here's a likely timeline for the XRP Spot ETF:
1. Ethereum ETF Race Heats Up: May 2024 - A Pivotal Moment
Major players like BlackRock, Ark Invest, and VanEck are already in the Ethereum ETF race, with final decisions expected in May. Renowned Bitcoin investor Lark Davis anticipates this as a major milestone, creating a potential pathway for XRP ETF applications. š
2. XRP's Unique Legal Advantage: A Game-Changer
XRP's non-security classification in the U.S. has caught the attention of analysts. Legal experts believe the SEC won't challenge this status, potentially paving the way for an XRP ETF. š
3. Influencer Insights: Bitboy's Prediction
Influencer Ben Armstrong (Bitboy) suggests insider information places XRP next in line for an ETF after Ethereum. He hints at the likelihood of ETH and XRP ETFs, along with a Ripple IPO, preceding the Bitcoin halving event in April. š
4. BlackRock CEO's Cryptic Response: Fueling Speculation
BlackRock's CEO, Larry Fink, stirred the pot with a cryptic response on a possible XRP ETF. While he couldn't elaborate, his non-denial raised eyebrows and sparked interpretations ranging from confirmation to future consideration. š§
š 2024: A Pivotal Year for XRP ETF?
While the road ahead is uncertain, 2024 could be a pivotal year for XRP. With Ethereum ETFs on the horizon, XRP's legal clarity, and industry interest, the stars might align for an XRP ETF. Stay tuned for updates on this evolving journey! šš
š For real-time insights into crypto developments, follow The Blockopedia!
#xrpetf #XRPBurn #XRPPricePrediction #cryptocurrency #crypto2024
Last week marked a historic moment with the SEC approving spot Bitcoin ETFs in the U.S., setting the stage for a new era in crypto investment. Now, attention turns to Ethereum (ETH) and XRP, both in the spotlight as potential candidates for ETF approval. Here's a likely timeline for the XRP Spot ETF:
1. Ethereum ETF Race Heats Up: May 2024 - A Pivotal Moment
Major players like BlackRock, Ark Invest, and VanEck are already in the Ethereum ETF race, with final decisions expected in May. Renowned Bitcoin investor Lark Davis anticipates this as a major milestone, creating a potential pathway for XRP ETF applications. š
2. XRP's Unique Legal Advantage: A Game-Changer
XRP's non-security classification in the U.S. has caught the attention of analysts. Legal experts believe the SEC won't challenge this status, potentially paving the way for an XRP ETF. š
3. Influencer Insights: Bitboy's Prediction
Influencer Ben Armstrong (Bitboy) suggests insider information places XRP next in line for an ETF after Ethereum. He hints at the likelihood of ETH and XRP ETFs, along with a Ripple IPO, preceding the Bitcoin halving event in April. š
4. BlackRock CEO's Cryptic Response: Fueling Speculation
BlackRock's CEO, Larry Fink, stirred the pot with a cryptic response on a possible XRP ETF. While he couldn't elaborate, his non-denial raised eyebrows and sparked interpretations ranging from confirmation to future consideration. š§
š 2024: A Pivotal Year for XRP ETF?
While the road ahead is uncertain, 2024 could be a pivotal year for XRP. With Ethereum ETFs on the horizon, XRP's legal clarity, and industry interest, the stars might align for an XRP ETF. Stay tuned for updates on this evolving journey! šš
š For real-time insights into crypto developments, follow The Blockopedia!
#xrpetf #XRPBurn #XRPPricePrediction #cryptocurrency #crypto2024
XRP ETF Race Picks Up Steam Up with Yet Another Filing
Yet another firm has filed for an $XRP
ETF
According to ETF analyst Eric Balchunas, Canary Capital, a Nashville-based firm launched by alternative asset manager Valkyrie, hasĀ jumpedĀ into the #xrpetf race with its own filing.
The firm wants to tap into the growing demand for alternative cryptocurrencies with the newly proposed product. It also told Fox Business that it was seeing some signs of a more favorable regulatory environment. Ā
Earlier this month, #Bitwise , the leading crypto index fund manager, caused a stir by announcing the very first XRP ETF filing.Ā
It came shortly before #Rippleš° , the company associated with the XRP cryptocurrency, was slapped with an appeal by the U.S. Securities and #exchange Commission. Ā Ā Ā
The SEC is yet to reveal what exactly it is going to appeal. However, the prolonged legal battle will most likely complicate the approval process.Ā
As reported by @WISE MOONBIX , Ripple CEO Brad Garlinghouse has confidently predicted that an XRP ETF will be eventually launched, adding that such a scenario is "inevitable." Ā Ā Ā
#moonbix
ETF
According to ETF analyst Eric Balchunas, Canary Capital, a Nashville-based firm launched by alternative asset manager Valkyrie, hasĀ jumpedĀ into the #xrpetf race with its own filing.
The firm wants to tap into the growing demand for alternative cryptocurrencies with the newly proposed product. It also told Fox Business that it was seeing some signs of a more favorable regulatory environment. Ā
Earlier this month, #Bitwise , the leading crypto index fund manager, caused a stir by announcing the very first XRP ETF filing.Ā
It came shortly before #Rippleš° , the company associated with the XRP cryptocurrency, was slapped with an appeal by the U.S. Securities and #exchange Commission. Ā Ā Ā
The SEC is yet to reveal what exactly it is going to appeal. However, the prolonged legal battle will most likely complicate the approval process.Ā
As reported by @WISE MOONBIX , Ripple CEO Brad Garlinghouse has confidently predicted that an XRP ETF will be eventually launched, adding that such a scenario is "inevitable." Ā Ā Ā
#moonbix