Ripple jumps after Grayscale launches XRP trust in the US Ripple (XRP) rallied as much as 10% on Thursday following the announcement of a new vehicle for institutional investment.
Ripple jumps after Grayscale launches XRP trust in the US Ripple rallied as much as 10% on Thursday following the announcement of a new vehicle for institutional investment. The altcoin corrected and has sustained 4% gains for now. Asset management giant Grayscale announced the creation of a single-asset investment fund for XRP.
This recovery happens despite US Bitcoin Spot Exchange Traded Funds recorded mild outflows on Wednesday. On-chain data projects a rise in Bitcoin’s price as its exchange reserves are decreasing and the long-to-short ratio trades above one. Why Solana traders need to watch for selling pressure on SOL A crypto wallet identified as being related to the bankrupt FTX exchange’s address redeemed over $23 million from Solana staking on Thursday, according to data from Solscan.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XRP back above $0.60 as Ripple announces successful XRP Ledger testnet improvementsRipple (XRP) announced the rest of its XRP Ledger blockchain.
Read more »
Cryptocurrencies Price Prediction: XRP, FLOKI & Bitcoin – American Wrap 20 AugustXRP climbs above $0.60, Ripple declares successful XRP Ledger testnet reset Ripple (XRP) announced the rest of its XRP Ledger blockchain.
Read more »
Ripple update: 1 billion XRP transfer, SEC could payback $125 million to Ripple if appeal failsRipple unlocked a large volume of XRP tokens on September 1.
Read more »
Ripple stablecoin should benefit XRP since it uses latter for gas: crypto analystRipple (XRP) recently announced the launch of its stablecoin project, Ripple USD (RLUSD).
Read more »
Ripple CTO says XRP Ledger does not have smart-contract functionality, XRP dips 3%Ripple (XRP) has plans to introduce smart contract functionality to its native blockchain, the XRP Ledger.
Read more »
XRP Price Skyrockets 7% as Grayscale Launches Dedicated Ripple TrustCrypto Blog
Read more »