Articles for tag: Cryptocurrency market, Donald Trump, Price Surge, retail investors, Ripple Labs, South Korea, XRP

December 3, 2024

Ripple’s XRP Surges to Third Largest Cryptocurrency Following Trump’s Victory in $100 Billion Market Rally

XRP, the token associated with Ripple Labs, surged dramatically to become the third-largest cryptocurrency following Donald Trump’s election victory. It jumped 32% in value to $2.87, boosting its Market cap to over $154.6 billion from less than $30 billion in just weeks. This price spike was fueled by heavy buying from overseas, particularly in South ...

December 2, 2024

Market News

Crypto

WisdomTree Files 4th XRP Spot ETF Application Amid SEC Leadership Transition

WisdomTree has filed with the SEC to launch a spot XRP exchange-traded fund (ETF), joining other firms like Bitwise and 21Shares in seeking approval. This move reflects increasing interest from institutions in XRP, especially as it has recently become the third-largest cryptocurrency by Market cap, driven by a significant price surge to $2.42. The timing ...