Can XRP reclaim $3 and beyond? ETF inflows hit a January high at $1.47

Crypto pundit BarriC has declared that XRP was never designed to be cheap, given its projected utility among institutional players. He also indicated that the altcoin could reach at least $1,000 as it continues to gain greater adoption among these institutions.  Crypto Pundit Says XRP Not Designed To Be Cheap In an X post, BarriC stated that XPR was never designed to be cheap and that it was designed to move institutional value. He gave an example of how a larger amount of XRP will be needed if an institution wants to execute a $1 million cross-border transaction. Specifically, he mentioned that such a transaction would require 200,000 XRP at $5 per XRP, whereas it would require only 20 XRP if the altcoin were trading at $50,000 per coin.  Related Reading: XRP At $21.5 Isn’t A Bet: Why This Analyst Says A Measured Move Is Coming The pundit further remarked that while retail hopes that XRP will remain at a lower price, institutions are looking at how they can move billions of dollars wi

Elliptic raised $120M at a $670M valuation as Deutsche Bank, Nasdaq and JPMorgan bankroll blockchain surveillance tools amid surging crypto crime and regulatory heat. Blockchain analytics and compliance firm Elliptic has secured a $120 million funding round at a $670…

XRP has been a major topic of discussion since the CLARITY Act was first proposed, with many in the crypto community suggesting that the altcoin could greatly benefit from the bill as a cross-border neutral bridge asset. However, a market expert has outlined several entities and cryptocurrencies he believes would benefit even from this upcoming […]

Ripple's $200M Credit Facility: What It Means for XRP The post XRP Ripple News: $200M Credit Facility Standard Chartered Deal appeared first on 99Bitcoins.

The current Bitcoin bear market drawdown is far smaller than previous bear markets, as steady ETF inflows and corporate Bitcoin buying continue to absorb selling pressure.

Grayscale files to convert its Zcash Trust into a spot ETF, a plan that could create the first privacy coin ETF tied to ZEC. Grayscale has filed to convert its Zcash Trust into a spot exchange-traded fund, placing ZEC at the center of a new crypto ETF push. The proposal would create the first spot […] The post Grayscale Seeks First Spot Privacy Coin ETF With Zcash Trust Conversion Plan appeared first on Live Bitcoin News.

The funding highlights the increasing institutional focus on robust compliance systems, crucial for the evolving digital asset landscape. The post Elliptic lands $120 million funding round backed by JPMorgan, Deutsche Bank, and Nasdaq appeared first on Crypto Briefing.

XRP is trading at $1.45 as the second week of May is underway, and for the first time in several months, the technical picture carries a genuine sense of compression and potential energy. A symmetrical triangle that has been forming since February is now at its apex, with the price breaking above the upper boundary […]