XRP

Rumors circulated Monday that Blackrock registered an XRP ETF called “Ishares XRP Trust.” However, Blackrock confirmed the news was false. The fake news briefly sent the XRP price up to 7%.

After gains, XRP now confronts resistance around $0.70 and may see sideways trading before bulls can propel further upside movement.

Ripple’s XRP continues rallying in price even as Ripple Labs releases a scheduled 1 billion new tokens monthly, underscoring strong market demand.

Despite recent gains, XRP has fallen from the 4th largest crypto by market cap, yet analysts remain bullish on it reaching $1 in early 2024.

Toncoin (TON) and Ripple (XRP) have been added to the list of recognized digital assets by the Dubai Financial Services Authority (DFSA).

Xumm, a self-custodial XRP wallet, has partnered with Uphold to offer zero-fee transactions for XRP from October 30-31, 2023.

Recent legal victories have renewed investor interest in XRP, with whales moving hundreds of millions of tokens linked to Ripple and anonymous wallets.

Legal expert Jeremy Hogan gives the SEC slim chances of ultimately prevailing against Ripple, detailing the complex procedural journey the regulator faces.

The Banque de France is rumored to see Ripple’s XRP as pivotal to its ambitions for a digital euro, potentially serving as a blueprint for other countries.

XRP gained credibility as an elite cryptocurrency by meeting stringent standards for inclusion in two prestigious Hong Kong indexes, after prevailing in a legal battle with the SEC.