ChainCatcher news, according to 8marketcap data, XRP's market capitalization has reached 110.59 billion USD, surpassing semiconductor giant Micron Technology to rise to the 176th position in the global asset ranking. The data shows that Solana currently has a market capitalization of 113.01 billion USD, ranking 171st in global assets.

ChainCatcher news, according to Whale Alert monitoring, about half an hour ago, 500 million XRP were unlocked from an unknown wallet custody, worth over 944 million dollars.

ChainCatcher news, former CFTC Chairman Chris Giancarlo discussed the high-profile lawsuit by the U.S. SEC against Ripple regarding XRP in an interview this week. The SEC alleges that Ripple's issuance of XRP violated securities laws, with a federal court ruling that some of the issuance meets the criteria for securities while others do not.Giancarlo believes that the SEC should reconsider its approach, especially in light of recent legal outcomes and the potentially changing regulatory environment. When asked whether the SEC would drop the Ripple lawsuit, Giancarlo stated: I think they should... I bet they will.

ChainCatcher news, according to Whale Alert monitoring, at 08:08:11 Beijing time, 500 million XRP were unlocked from an unknown wallet in two transactions, worth over 970 million dollars.

ChainCatcher message, according to Whale Alert monitoring, 20,000,000 XRP (37,865,010 USD) was transferred from Upbit to an unknown wallet.

ChainCatcher news, according to Cointelegraph, the price of XRP has increased by 232% in the past 30 days, and its on-chain metrics also indicate a positive recovery for XRP. Data from xrpscan shows that the number of active accounts or unique senders on the XRP network rose from 15,592 on November 1 to 47,044 on November 16. The total number of active accounts in November has doubled on average (an increase of 100%), rising from around 12,000 to 25,000 this month. Similarly, the number of new accounts activated on the XRP ledger in November has also significantly increased, indicating a large influx of new users onto the network.Analysts believe that the current target price for XRP may be between $1.95 and $2.05, but it is important to note that since November 16, the price and trading volume of XRP have shown an inverse correlation, suggesting that XRP is undergoing a distribution phase, and market traders may be looking to sell.

ChainCatcher message, according to OKX market data, the XRP price briefly broke through $1.94, reaching a new high since April 2021.

ChainCatcher news, according to FOX Business, informed sources reveal that Ripple is about to receive approval from the New York Department of Financial Services (NYDFS) to issue the stablecoin RLUSD, which is expected to officially launch on December 4, 2024.Currently, XRP has a market capitalization of $99 billion, ranking as the fifth largest cryptocurrency in the world. As an institution already licensed by NYDFS, Ripple will collaborate with payment service providers such as Bitstamp, Moonpay, and Uphold to launch this stablecoin.The stablecoin aims to meet customer demand for low-volatility digital currencies while further promoting the development of cross-border payments and remittance transactions. Previously, Ripple also established the RLUSD Advisory Council, which includes former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair, former JPMorgan executive David Puth, and Ripple co-founder and Executive Chairman Chris Larsen.

ChainCatcher news, according to RootData market information, XRP's market capitalization has surpassed 100 billion USD, overtaking BNB to become the fourth largest cryptocurrency by market cap (excluding stablecoins), currently priced at 1.76 USD, with a 24-hour increase of 21.5%.

ChainCatcher news, due to Trump's support for cryptocurrency, Bitcoin has historically reached $99,588 per coin, and 12 U.S. spot Bitcoin ETFs are about to see record monthly net inflows.Data compiled by Bloomberg shows that as of November, ETFs from issuers like BlackRock and Fidelity have attracted $6.2 billion in funds, while the previous peak inflow of $6 billion was set in February of this year, when investors were excited about these products launched at the beginning of the year.Bitcoin has more than doubled this year, outperforming global stocks and assets like gold; however, this week Bitcoin's momentum has slowed, with smaller coins like Cardano and XRP trading within a narrow range.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas stated that unless a major crash occurs, the wait for approval of altcoin-related ETFs will make cryptocurrency "quite crazy."He mentioned that there are 14 altcoin-related ETFs awaiting approval from the U.S. SEC within the next 12 months, including funds that offer exposure to SOL, XRP, HBAR, LTC, a basket of assets, as well as BTC and ETH.Additionally, Balchunas expects the number of altcoin ETF applications to double in the next two months. (CryptoSlate)

ChainCatcher news, Bitwise announced on platform X that the Bitwise Physical XRP ETP (GXRP) has surpassed $80 million in assets under management, with Ripple as one of the investors. This product is listed and traded on Deutsche Börse Xetra, allowing European investors to gain exposure to XRP through GXRP.

ChainCatcher news, Ripple announces investment in Bitwise's XRP exchange-traded product (ETP).It is reported that on November 7, Bitwise announced the renaming of its European XRP ETP, with ETC Group Physical XRP being renamed to Bitwise Physical XRP ETP. Its code GXRP will remain unchanged.

ChainCatcher news, according to News.bitcoin, South Korea's largest cryptocurrency exchange Upbit has seen a trading volume increase of over 100% in the past seven days, rising from $5.4 million on November 21 to $11.9 million on November 25. Notably, the trading volumes of DOGE and XRP in the fourth quarter reached $58.2 billion and $38.6 billion, respectively, far exceeding Bitcoin's $30.1 billion.Tiger Research's fourth quarter report shows that approximately 7.78 million South Koreans (15% of the total population) are active in cryptocurrency trading. According to a Samarin HR survey, 49.8% of South Korean employees aged 30-39 invest in cryptocurrencies, while the investment ratio for employees in their 20s is 37.1%.

ChainCatcher news, FOX reporter Eleanor Terrett posted on social media, "Global ETF provider WisdomTree has registered an XRP ETF in Delaware. I have confirmed with the company that this is a legitimate filing."

ChainCatcher news, the UK crypto trading platform Archax has provided access to a money market fund of the UK asset management company abrdn in a tokenized form on the decentralized blockchain XRP Ledger (XRPL). This fund is part of abrdn's £3.8 billion liquidity fund and is the first tokenized money market fund on the XRPL.

ChainCatcher news, according to Whale Alert monitoring, 20 million XRP (worth $27,244,343) was transferred from an unknown wallet to Bybit.

ChainCatcher news, according to data from coinglass, the total liquidation amount across the network in the past 24 hours was $340 million, with long position liquidations amounting to $166 million and short position liquidations amounting to $175 million. Among these, the liquidation amount for BTC was $92.59 million, for ETH was $50.76 million, and for XRP was $35.08 million.

ChainCatcher news, global asset management company WisdomTree Investments announced the launch of the exchange-traded product WisdomTree Physical XRP ETP (XRPW), which will be listed on multiple European exchanges, including Deutsche Börse Xetra, SIX Swiss Exchange, and the pan-European exchange. The current management fee rate for this ETP is 0.50%.It is reported that WisdomTree's product will be 100% backed by spot XRP, with assets stored in cold wallets and adopting a dual custody model, managed by regulated custodians. Currently, WisdomTree's portfolio has expanded to nine cryptocurrency ETPs, covering Bitcoin, Solana, Ethereum, and more.