XrpETF
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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
XRP ETF Buzz: Could Ripple's Success Spark the Next Big Crypto Wave? 🚀
The crypto world is buzzing with excitement as anticipation builds for a potential U.S. XRP ETF. Recent developments, including a 300% surge in Grayscale's XRP Trust since May, have sparked confidence among investors and traders alike. With Ripple making bold strides and key players like Grayscale, WisdomTree, and Bitwise showing interest, could XRP be the next major crypto to dominate the market?
---
Ripple's Milestones: Building Momentum for an XRP ETF
Grayscale's XRP Trust Soars 300%
Crypto expert Ben Armstrong, aka BitBoy, recently highlighted the astonishing 300% growth of Grayscale’s XRP Trust. This surge reflects robust market confidence in XRP, further fueling speculation about an XRP ETF launch in the U.S. If approved, such an ETF would simplify investor access to XRP and solidify its mainstream appeal.
---
Ripple’s RLUSD Approval: A Game-Changer?
Ripple’s ecosystem gained a significant boost when its stablecoin, RLUSD, received approval from the New York Department of Financial Services (NYDFS). This regulatory nod underscores Ripple's credibility and strengthens investor confidence. It’s a pivotal step toward Ripple's continued expansion and innovation in the crypto space.
---
Pro-Crypto Policies on the Horizon?
Donald Trump’s re-election, coupled with his crypto-friendly stance, has ignited hopes for favorable regulations. Investors believe this could lead to a resolution in Ripple’s ongoing SEC lawsuit, paving the way for broader adoption and innovation.
Major institutions like WisdomTree, Bitwise, and 21Shares have already filed applications for XRP ETFs, showcasing immense institutional interest. If approved, these ETFs could bring XRP closer to the mainstream financial landscape.
---
XRP Price Analysis: What’s Next?
XRP, currently the 4th largest cryptocurrency with a $130 billion market cap, has experienced impressive price action.
Recent Performance: XRP rallied 250% last month but dipped 5% in the last 24 hours.
Key Resistance: Analysts are closely watching $2.46 as a critical level. A breakout could propel XRP to $3 and eventually $4.
Technical Insights: A bullish flag pattern is forming, while the RSI at 62 suggests room for further upward momentum.
Analysts predict XRP could hit $4.50 by early 2025, with broader market enthusiasm driven by Bitcoin crossing $100K and Ethereum’s resilience.
---
Industry Sentiment: Mixed Reactions to XRP ETF Speculation
While the market is thrilled by XRP’s rally, skeptics remain cautious. The SEC's focus on Bitcoin and Ethereum ETFs has delayed approvals for other assets, such as XRP and ADA. Jay Jacobs from BlackRock emphasized that Bitcoin and Ethereum are the current frontrunners, attracting the majority of institutional attention.
Ethereum’s success could play a pivotal role in paving the way for other Layer 1 assets like XRP to achieve milestones such as ETF launches or becoming strategic reserve assets.
---
The Bigger Picture: XRP’s Path to Mainstream Adoption
Ripple's progress, coupled with growing institutional interest, highlights XRP’s potential to break new ground. However, the path forward hinges on key factors:
Regulatory clarity
Broader institutional adoption
Sustained momentum in the crypto market
---
Trade XRP on Binance: Your Gateway to the Future of Crypto!
As excitement builds around XRP and its potential ETF launch, there’s no better time to explore the opportunities on Binance. Whether you’re a seasoned trader or a newcomer, Binance offers the tools and resources to help you navigate the dynamic crypto market.
#XRPETF #CryptoRevolution #BinanceTrading #CryptoInsights #Write2Earn!
$XRP
---
Ripple's Milestones: Building Momentum for an XRP ETF
Grayscale's XRP Trust Soars 300%
Crypto expert Ben Armstrong, aka BitBoy, recently highlighted the astonishing 300% growth of Grayscale’s XRP Trust. This surge reflects robust market confidence in XRP, further fueling speculation about an XRP ETF launch in the U.S. If approved, such an ETF would simplify investor access to XRP and solidify its mainstream appeal.
---
Ripple’s RLUSD Approval: A Game-Changer?
Ripple’s ecosystem gained a significant boost when its stablecoin, RLUSD, received approval from the New York Department of Financial Services (NYDFS). This regulatory nod underscores Ripple's credibility and strengthens investor confidence. It’s a pivotal step toward Ripple's continued expansion and innovation in the crypto space.
---
Pro-Crypto Policies on the Horizon?
Donald Trump’s re-election, coupled with his crypto-friendly stance, has ignited hopes for favorable regulations. Investors believe this could lead to a resolution in Ripple’s ongoing SEC lawsuit, paving the way for broader adoption and innovation.
Major institutions like WisdomTree, Bitwise, and 21Shares have already filed applications for XRP ETFs, showcasing immense institutional interest. If approved, these ETFs could bring XRP closer to the mainstream financial landscape.
---
XRP Price Analysis: What’s Next?
XRP, currently the 4th largest cryptocurrency with a $130 billion market cap, has experienced impressive price action.
Recent Performance: XRP rallied 250% last month but dipped 5% in the last 24 hours.
Key Resistance: Analysts are closely watching $2.46 as a critical level. A breakout could propel XRP to $3 and eventually $4.
Technical Insights: A bullish flag pattern is forming, while the RSI at 62 suggests room for further upward momentum.
Analysts predict XRP could hit $4.50 by early 2025, with broader market enthusiasm driven by Bitcoin crossing $100K and Ethereum’s resilience.
---
Industry Sentiment: Mixed Reactions to XRP ETF Speculation
While the market is thrilled by XRP’s rally, skeptics remain cautious. The SEC's focus on Bitcoin and Ethereum ETFs has delayed approvals for other assets, such as XRP and ADA. Jay Jacobs from BlackRock emphasized that Bitcoin and Ethereum are the current frontrunners, attracting the majority of institutional attention.
Ethereum’s success could play a pivotal role in paving the way for other Layer 1 assets like XRP to achieve milestones such as ETF launches or becoming strategic reserve assets.
---
The Bigger Picture: XRP’s Path to Mainstream Adoption
Ripple's progress, coupled with growing institutional interest, highlights XRP’s potential to break new ground. However, the path forward hinges on key factors:
Regulatory clarity
Broader institutional adoption
Sustained momentum in the crypto market
---
Trade XRP on Binance: Your Gateway to the Future of Crypto!
As excitement builds around XRP and its potential ETF launch, there’s no better time to explore the opportunities on Binance. Whether you’re a seasoned trader or a newcomer, Binance offers the tools and resources to help you navigate the dynamic crypto market.
#XRPETF #CryptoRevolution #BinanceTrading #CryptoInsights #Write2Earn!
$XRP
🚀 SEC Approval for XRP ETF, Could Propel Price to $100! 🌐💹
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.
🔍 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.
📈 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.
🚀 Stay Informed, Stay Ahead! Follow The Blockopedia for Crypto Insights! 🌐💡
#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.
🔍 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.
📈 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.
🚀 Stay Informed, Stay Ahead! Follow The Blockopedia for Crypto Insights! 🌐💡
#xrpetf #ETFApproved #BitcoinETFapproved #cryptocurrency #crypto2024
🚀 XRP ETF Filing To Come Within Weeks After Bitcoin ETF Approval? 📈🤔
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 all—rumors 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? 🚀
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? ⚖️
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! 🗓️
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.
📉 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.
🔮 Stay Tuned for Crypto Updates: Follow The Blockopedia for the Latest Insights! 🌐📰
#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 all—rumors 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? 🚀
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? ⚖️
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! 🗓️
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.
📉 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.
🔮 Stay Tuned for Crypto Updates: Follow The Blockopedia for the Latest Insights! 🌐📰
#xrpetf #XRPBullRun #XRPSurge #cryptocurrency #crypto2024
"BlackRock CEO Larry Fink Breaks Silence on XRP ETF Potential"
Larry Fink, the Chief Executive Officer of BlackRock, the world’s 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 #CryptoNews🔒📰🚫
Read more on: https://thecryptobasic.com/2024/01/13/blackrock-ceo-larry-fink-comments-on-prospects-of-an-xrp-etf/
#XRPUnlock #xrpetf #cryptocurrecny #CryptoNewsLand #CryptoNews🔒📰🚫
🚀Unveiling the Future of #XRP : Breaking Resistance and Potential #xrpetf Launch🚀
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 #BlackRock '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 #BlackRock '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.
Ripple’s 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 XRP’s 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.
Ripple’s Legal Fine and Future Prospects for XRP
Renowned analyst points out that Ripple’s 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 XRP’s retail sales now resolved, there is growing excitement about new financial opportunities in cryptocurrency. The analyst is optimistic that XRP could soon be included in Exchange-Traded Fund (ETF) applications. Such inclusion could open new investment avenues and significantly enhance XRP’s visibility and presence in the financial sector.
Doctor Profit Predicts XRP ETF Approval and Market Growth
Popular crypto trader Doctor Profit 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, large investors who were previously hesitant can now invest in XRP confidently. This clarity is anticipated to positively influence XRP’s market, showing strong growth potential.
XRP missed out on the 2021 bull run 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.
⚠️Disclaimer
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.
Ripple’s Legal Fine and Future Prospects for XRP
Renowned analyst points out that Ripple’s 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 XRP’s retail sales now resolved, there is growing excitement about new financial opportunities in cryptocurrency. The analyst is optimistic that XRP could soon be included in Exchange-Traded Fund (ETF) applications. Such inclusion could open new investment avenues and significantly enhance XRP’s visibility and presence in the financial sector.
Doctor Profit Predicts XRP ETF Approval and Market Growth
Popular crypto trader Doctor Profit 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, large investors who were previously hesitant can now invest in XRP confidently. This clarity is anticipated to positively influence XRP’s market, showing strong growth potential.
XRP missed out on the 2021 bull run 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.
⚠️Disclaimer
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
🚨 $XRP UPDATE 🚨
#grayscale is set to launch the first U.S.-based XRP fund, with the goal of eventually converting it into a spot XRP ETF. 🚀
Investments will be available only to accredited investors who meet the requirements.
🧐XRP's price reacted with an immediate increase. 📈
#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. 🚀
Investments will be available only to accredited investors who meet the requirements.
🧐XRP's price reacted with an immediate increase. 📈
#GrayscaleXRPTrust #xrpetf #XRPEscrow #ripple
🚀 #ripple ’s back?
$XRP just passed $SOL and $USDT to become the 3rd largest crypto by market cap.
Plus, they’re 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, they’re 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 .
🚀 Top Experts Say XRP ETF is Next with Bitcoin ETF Approved🌐💹
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.
📆 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.
💼 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.
🔮 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.
🚨 Stay Informed, Stay Ahead: Follow The Blockopedia for Real-time Crypto Insights! 🚀📰
#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.
📆 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.
💼 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.
🔮 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.
🚨 Stay Informed, Stay Ahead: Follow The Blockopedia for Real-time Crypto Insights! 🚀📰
#xrpetf #ETFsApproval #BitcoinETFapproved #cryptocurrency #crypto2024
🚀Here Is Likely Timeline For XRP Spot ETF 🌐💹
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. 📅
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. 🔐
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. 🚀
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. 🧐
🌌 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! 🚀🌌
🌐 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. 📅
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. 🔐
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. 🚀
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. 🧐
🌌 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! 🚀🌌
🌐 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, has jumped 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.
Earlier this month, #Bitwise , the leading crypto index fund manager, caused a stir by announcing the very first XRP ETF filing.
It came shortly before #Ripple💰 , the company associated with the XRP cryptocurrency, was slapped with an appeal by the U.S. Securities and #exchange Commission.
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.
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."
#moonbix
ETF
According to ETF analyst Eric Balchunas, Canary Capital, a Nashville-based firm launched by alternative asset manager Valkyrie, has jumped 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.
Earlier this month, #Bitwise , the leading crypto index fund manager, caused a stir by announcing the very first XRP ETF filing.
It came shortly before #Ripple💰 , the company associated with the XRP cryptocurrency, was slapped with an appeal by the U.S. Securities and #exchange Commission.
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.
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."
#moonbix