Wealth manager Bitwise has registered a Delaware Trust for a fund that would track Ripple’s native cryptocurrency, XRP. Bitwise, a Bitcoin (BTC) and Ethereum (ETH) exchange-traded fund issuer has filed for an XRP (XRP) ETF in the state of Delaware as the firm looks to expand its crypto offerings. The next step for a potential Bitwise XRP trust would likely involve a registration application with the U.S. Securities and Exchange Commission. Considering previous crypto ETF bids, Bitwise may be heading toward a lengthy regulatory process involving a proposed rule change…
Tag: XRP
Bitwise Takes a Step Toward XRP ETF
The firm registered a trust entity in the state of Delaware on Tuesday, which appeared on the state’s Division of Corporations website. Registering a trust entity is a first step toward filing to list and trade shares of an ETF; companies like Bitwise, Blackrock and Fidelity all filed trust entities for bitcoin (BTC) and Ethereum’s ether (ETH) ahead of filing for ETFs following those tokens. Source
Could XRP See A 360% Surge By Christmas? Experts Think So
They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…
XRP Price Bullish Potential Grows – A Surge Above $0.65 Will Triger Buyers
Este artículo también está disponible en español. XRP tests a crucial supply level after days of choppy price action, showing signs of strength as it prepares for a potential breakout. The price has surged approximately 13% since Friday, putting it within striking distance of the key psychological level at $0.65. Reclaiming this level would signal the start of a new bullish cycle and renewed market optimism. Related Reading Analysts and investors closely watch this price movement, hoping XRP will break above $0.65 in the coming days. With the broader crypto…
Crypto Researcher Reveals Why XRP Price Reaching $1,000 Is Not A Pipe Dream
Este artículo también está disponible en español. The XRP price has struggled for the last three years, staying down even when Bitcoin and other altcoins rallied to possible new all-time highs. However, even through this, the XRP community has remained steadfast in their belief that the altcoin’s price will reach new peaks. Forecasts have ranged from reaching $1 to as high as $1,000. The latter has been hotly debated among crypto investors. However, one crypto researcher believes that the XRP price will be able to touch $1,000 eventually, giving reasons…
XRP Price Eyes a Restart: Will the Bulls Take Charge Again?
XRP price started a downside correction below the $0.650 level. The price is now trading near the $0.6120 support and might aim for a fresh increase. XRP price started a pullback from the $0.6650 resistance zone. The price is now trading below $0.6450 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $0.6350 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6320 and $0.6350 resistance levels. XRP…
XRP and SEI poised to break through before 2025
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. The race to $1 intensifies between XRP and SEI, as investors also eye the promising Raboo presale with speculation of 100x potential. The race for $1 is on between XRP and SEI, two cryptos that investors have been keenly watching over the past few months. Today, we’ll examine which project could be investors’ next best investment and why some savvy traders are diversifying into the Raboo presale as 100x…
XRP Surges 10% As Whales Participate In $300 Million Buying Spree
On-chain data shows the XRP whales have participated in a significant amount of buying recently, a potential reason behind the asset’s surge. XRP Whales Have Added 470 Million Tokens To Their Supply Recently As explained by analyst Ali Martinez in a new post on X, the XRP whales have expanded their holdings over the last 10 days. The indicator of relevance here is the “Supply Distribution” from the on-chain analytics firm Santiment, which keeps track of the total amount of tokens that a given wallet group is carrying right now.…
XRP Price Ready For 4x Jump To $2.6 As Major Bullish Pattern Breaks Occurs
Este artículo también está disponible en español. The XRP recent price movements have caused a major stir in the crypto market, with the cryptocurrency experiencing a significant price surge and breaking out of crucial resistance levels. Driven by its recent bullish momentum, XRP has succeeded in breaking a key bullish pattern, as a result, a crypto analyst has predicted that it could potentially jump 4X to new highs of $2.6. XRP Price Set Sights On Midterm Target At $2.3 After experiencing slow growth and bearish momentum in the past few…
XRP Price Breaks Free: Is a Major Rally Underway?
XRP price gained pace and was able to clear the $0.600 resistance. The price is up over 10% and is now consolidating gains near $0.6450. XRP price started a fresh increase above the $0.600 resistance zone. The price is now trading above $0.6250 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $0.6500 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6500 and $0.6550 resistance levels. XRP Price…