Ripple's XRP has soared in price since Republican Donald Trump won the US presidential election, foreshadowing that 2025 will be a big year for Bitcoin and cryptocurrencies.
Unlock $3,000+ in NFT, Web3, and Crypto Benefits — Apply Now!
XRP, whose 400% price rise last month briefly made it the world's third-largest cryptocurrency behind Bitcoin and Ethereum, is set for a shocking launch in December, leak reveals The stock is now approaching the all-time high of the 2017 bull market.
Now, Wall Street is betting on Ripple's XRP to become a spot exchange-traded fund (ETF), following Bitcoin and Ethereum, which received their own spot ETFs this year, as Elon Musk quietly acknowledges the game-changer in the cryptocurrency market. We are asking you to obtain .
Sign up for your free CryptoCodex today. A daily 5-minute newsletter for traders, investors, and crypto enthusiasts to stay informed and ahead of bull runs in the Bitcoin and crypto markets.
Brad Garlinghouse, CEO of XRP developer Ripple, has seen the price of XRP explode over the past few years. … (+)
© 2023 Bloomberg Finance LP
ETF giant WisdomTree has joined Bitwise and Canary Capital in filing to create an XRP Spot ETF, with Bank of New York Mellon serving as the proposed trust administrator.
A series of Bitcoin spot ETFs that debuted in the U.S. in January have grown rapidly, becoming one of the fastest-growing ETFs in history, pushing up Bitcoin prices and future crypto spot ETFs could fuel price gains sparked widespread speculation about sexuality.
Ripple's XRP languished amid the bullish Bitcoin price and cryptocurrency market in 2021, failing to make significant gains due to a lengthy legal battle with the U.S. Securities and Exchange Commission (SEC).
The war comes as SEC Chairman Gary Gensler, who sued Ripple over the sale of XRP alleging it amounted to the sale of unregistered securities, announced that he would resign from the agency in January to make way for the president of the United States. may now be nearing its end. Select Donald Trump's appointees.
“XRP has been in an accumulation phase for about three years, or about 900 days. The duration of such a phase often determines the strength of the subsequent rally, which is why XRP has surged about 404% since November 4th. “That's not surprising,” said Arthur Azizov. The CEO of crypto exchange and payment processing company B2BinPay said in emailed comments that an improved regulatory environment and its “immense potential” could push the XRP price above current levels. He added that it is sexual. The 2017 bull market will reach a new all-time high in 2025.
Sign up for CryptoCodex today. A free daily newsletter for anyone interested in cryptocurrencies.
XRP price has skyrocketed in recent weeks, making the cryptocurrency the third-largest currency … (+)
forbes digital assets
“In the past, XRP's growth was limited by its ongoing legal battle with the SEC, even as other altcoins rose,” Azizov said.
“XRP rose more than 36% shortly after the announcement of SEC Chairman Gary Gensler’s resignation. His resignation raised hopes that the ongoing legal battle could soon end in Ripple’s favor. , a major company is reportedly planning an XRP ETF, pending the conclusion of the lawsuit, which could also pave the way for an IPO for Ripple.
The crypto community has been buoyed by Trump's close ties to crypto through his non-fungible token (NFT) collection and his new crypto and decentralized finance (DeFi) platform, World Liberty Financial. I'm betting on installing a cryptocurrency-friendly SEC chairman.
