Bitcoin, Ethereum, XRP Jump
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Institutional liquidations dominated trading as 470 million XRP were offloaded across major exchanges during the Aug. 21–22 window, triggering a sharp selloff.
Harvard economist Kenneth Rogoff has admitted he got bitcoin and crypto wrong ten years ago, warning a coming dollar “crisis" could propel crypto
Bitcoin and Ethereum are under strain ahead of today’s widely watched Jackson Hole speech by Federal Reserve Chair Jerome Powell. At present, Bitcoin is priced at $112,517.20, down 5.4% this week, while Ethereum is down 7.4% to $4,296.05. XRP is also showing weakness, down almost 9% over the same time.
While whales booking profits created near-term pressure, some analysts argue that structural flows continue to point higher if resistance levels give way.
A wave of asset managers filed updated paperwork for spot XRP ETFs on Friday, signaling a renewed push to secure approval from the SEC.
XRP’s Bright Future The cryptocurrency market is buzzing with opportunity, and XRP (CRYPTO:XRP) is stealing the spotlight. A recent development has sparked intense optimism for the stablecoin, positioning XRP for potentially explosive growth.
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Can XRP Ever Surpass Bitcoin?
For XRP to flip Bitcoin, it would need to rise roughly 13x with Bitcoin standing still, which is very unlikely for crypto's biggest coin to do over any significant period of time. Even if Bitcoin's price were to fall 50%, XRP would still need a jump of between 6x and 7x, which is beyond the edge of what's believable.
BAY Miner announces its mobile cloud mining app, offering investors compliant, low-barrier passive income channels from BTC, ETH, and XRP.
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Cryptopolitan on MSNCanary Capital files updated S-1 for XRP pot ETF
Canary Capital Group has filed a revised S-1 form with the U.S. SEC for its proposed Canary XRP ETF. This move is viewed as another major milestone for Ripple’s native coin, making it to the mainstream in U.S. markets.