The stablecoin market has reached a pivotal juncture, with total liquidity hitting unprecedented levels, according to the latest CryptoQuant report. This surge in stablecoin value, now totaling $169 billion, represents a 31% increase year-to-date, adding $40 billion to the market. This growth not only signals increased confidence in digital assets
Canary Capital, a digital asset investment firm, has officially filed a registration for a spot XRP ETF with the U.S. Securities and Exchange Commission (SEC). The firm initiated this move a week after Bitwise filed its own S-1 registration for an XRP ETF. Canary Capital became the second firm to
During the weekend, XRP saw a bullish trend across the cryptocurrency market. Ripple staged a notable rebound from the $0.5 support level. However, this recovery has faced resistance, leaving the token in a state of uncertainty. The ongoing Ripple vs. SEC lawsuit continues to cast a long shadow over XRP’s
After a court ruling in favor of Ripple in 2023, the US Securities and Exchange Commission (SEC) recently decided to appeal the case. In the hours that followed, XRP’s price plummeted, even though there was hope for a possible US-based XRP ETF. The SEC’s war against Ripple and the crypto
The cryptocurrency space has been quite lively as Rexas Finance (RXS) is garnering the attention of experts as a revolutionary real-world asset (RWA) market. Solana (SOL) and Ripple (XRP) are usual suspects that have dramatic price movements, whereas Rexas Finance approaches the combination of the blockchain and physical assets in
Ripple’s XRP finds itself navigating turbulent waters following the Securities and Exchange Commission’s (SEC) appeal against a federal ruling that had previously classified XRP tokens as non-security assets. This legal development has dealt a major blow to the cryptocurrency, effectively erasing its gains from the previous month and resetting the
The cryptocurrency buzz can be heard due to the happenings taking place and the current developments. There have been a few important things that have happened in the last few weeks. The much-anticipated Shiba Inu (SHIB) finally displayed hope with a huge bullish run, the Grayscale XRP Trust looks to
Ripple CEO Brad Garlinghouse has made it clear that Ripple will fight the U.S. Securities and Exchange Commission’s (SEC) appeal for as long as necessary. The SEC is appealing a court decision from July that ruled XRP’s programmatic sales were not securities. This ruling had been a partial win for
An XRP Spot ETF has been proposed by Bitwise Asset Management, a cryptocurrency fund manager based in the United States. This is seen by Ripple advocates as a major step forward. The SEC has accused Ripple of generating $1.3 billion via unregistered XRP transactions. And the firm has been involved
Bitwise, a cryptocurrency asset manager, has formally applied to the US Securities and Exchange Commission to become the first spot XRP exchange-traded fund (ETF). The filing states that, after the Bitwise XRP ETF receives SEC clearance, it will provide investors access to the value of the XRP owned by the
