Bitwise Renames XRP ETP as Ripple Invests in the Product
According to boerse.de, Bitwise has announced a rebranding of its XRP Exchange Traded Product (ETP), with significant investment from Ripple. This move is seen as part of a broader strategy by Ripple to enhance its market presence and offer more robust financial products linked to cryptocurrencies. The renaming aligns with efforts to attract European investors who are increasingly interested in cryptocurrency-based financial instruments.
XRP Rally: How Ripple's CEO Plans for Pro-Crypto Policies
The article on BTC-ECHO highlights how Brad Garlinghouse, CEO of Ripple, aims to secure pro-crypto policies through strategic investments. By donating $25 million USD to Fairshake, a bipartisan Super PAC supporting crypto-friendly candidates, Garlinghouse hopes to influence political landscapes favorably towards digital currencies. His actions come amidst an impressive 180% rise in XRP value following recent political shifts in the US.
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XRP Maintains Strength Amidst Market Weakness
Cointelegraph Deutschland reports that despite overall market corrections, XRP continues showing strong performance. Analysts recommend buying while it trades between key levels of $1.30 and $1.60 USD due to positive technical indicators and increased whale accumulation activity noted over recent weeks.
Paul Atkins Considered Trump's SEC Favorite: Implications for Crypto Industry
An FXStreet German site report discusses Paul Atkins' potential appointment as head of the SEC under Donald Trump’s administration could herald regulatory changes favorable for cryptocurrencies like XRP. Known for his innovation-friendly stance, Atkins might shift oversight responsibilities from the SEC to CFTC—potentially simplifying regulations around digital assets significantly.
Ripple CEO Eyed as Trump's Crypto Advisor – Anticipated Surge for XRP?
A piece from Investing.com speculates about Brad Garlinghouse potentially joining Donald Trump’s advisory team on cryptocurrency matters—a development expected by some analysts at Newsbit.de could propel XRP prices up dramatically if realized, given current bullish trends surrounding altcoins, including Cardano, alongside ongoing ETF discussions boosting investor confidence further still across markets globally today!
Sources:
- GNW-Adhoc: Bitwise nennt XRP ETP um - Ripple investiert in das Produkt - boerse.de
- XRP-Rallye: So will der Ripple-CEO eine Pro-Krypto-Politik sichern
- XRP weiterhin stark: Analysten raten zum Kauf
- Paul Atkins als Trumps Favorit für die SEC: Was das für die Krypto-Branche und XRP bedeuten könnte
- Ripple CEO als Trumps Krypto-Berater im Gespräch – XRP-Explosion auf 10 $ erwartet!
- Cardano, XRP und andere Altcoins steigen plötzlich stark an
