VanEck Questions the Utility of Ripple’s XRP
The XRP token offers no financial benefits to users, and the XRP Ledger network lacks real-world application, according to Matthew Sigel, head of digital asset research at VanEck.
VanEck Questions the Utility of Ripple’s XRP
The XRP token offers no financial benefits to users, and the XRP Ledger network lacks real-world application, according to Matthew Sigel, head of digital asset research at VanEck.
Spot bitcoin ETFs post $870m in second-biggest outflow
In the 13 November session, $869.9m was pulled from spot bitcoin ETFs.
Canary Capital Launches Spot XRP ETF
On November 13, trading commenced on Nasdaq for spot ETFs based on XRP under the ticker XRPC. The product was launched by Canary Capital.
DTCC Lists Five Spot XRP ETFs on Its Website
The American provider of post-trading, clearing, and settlement services, DTCC, has added five spot XRP ETFs to its list.
Ripple Dismisses IPO Plans
Ripple has no immediate plans to go public, unlike several American crypto industry players, said Monica Long.
Mastercard, Gemini, and Ripple to Test Stablecoin RLUSD Card Payments
Mastercard, in partnership with Gemini and Ripple, will test card payments using the stablecoin RLUSD on the XRP Ledger.
Ripple Secures $500 Million Investment at $40 Billion Valuation
The fintech company Ripple has announced securing strategic investments amounting to $500 million at a $40 billion valuation from major institutional players.
Ripple Acquires Wallet Developer Palisade
Ripple has acquired Palisade, a developer of custodial solutions, to expand Ripple Custody and offer it to a wider range of clients.
Ripple Completes $1.25 Billion Acquisition of Prime Broker Hidden Road
Ripple has finalized its acquisition of the non-bank prime broker Hidden Road, rebranding it as Ripple Prime.
Ripple Co-founder Profits $764 Million from XRP Sales
The price of XRP may face pressure as Ripple co-founder Chris Larsen actively locks in profits, warned analyst Maartunn.We use cookies to improve the quality of our service.
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