Bitwise has made plans to launch an
XRP Exchange Traded Fund (ETF) official with a filing at the
SEC, making it the first XRP ETF.
Interest in XRP has soared and now tops $1 Billion with Ripple Labs testing its stablecoin, RLUSD. However, a legal battle continues with the
SEC filing an appeal in its lawsuit against Ripple. An insider at
Ripple has revealed that the new RLUSD stablecoin is set to boost XRP. The
price of XRP could sky-rocket with some analysts predicting that it'll hit $1000 in due time. Ripple has recently been surpassing its competition in the altcoin market and is now set to dominate, leaving behind even Bitcoin and Ethereum.
Ripple Labs continues to mint more RLUSD stablecoins as XRP whales move, having moved 400 million XRP in 24 hours. Many forecast that XRP may be replaced by altcoins like Cutoshi while others predict an explosion in XRP prices. Ripple has even received in-principle license approval in
Dubai.
XRP Coin News Analytics from Mon, 12 Aug 2024 07:00:00 GMT to Wed, 02 Oct 2024 22:30:07 GMT -
Rating 7
- Innovation 2
- Information 7
- Rumor -4
