Ripple’s RLUSD stablecoin has processed over 33,000 transactions in six months, capitalizing on the European Union's MiCA regulations amid Tether's decline. Launched in December 2023, RLUSD is pegged to the US dollar and has gained traction across multiple exchanges, positioning itself as a compliant alternative in the evolving crypto landscape.
Brad Garlinghouse, CEO of Ripple, highlights the positive impact of President-elect Donald Trump on the company, noting that 75% of Ripple's open roles are now US-based, a shift from previous hiring trends. He claims that since the election, Ripple has secured more US deals in six weeks than in the prior six months, attributing this to the "Trump effect" on innovation and job growth in the crypto sector. Key figures in Trump's administration, including Scott Bessent, David Sacks, and Paul Atkins, are expected to influence the regulatory landscape positively.
Decentralized exchanges (DEXs) face challenges in mass adoption due to the complexity of self-custodial wallets and bridging, making centralized exchanges (CEXs) more appealing for newcomers. To compete, CEXs can enhance user education and integrate hybrid models that combine centralized convenience with decentralized autonomy. As both types of exchanges evolve, they are likely to learn from each other to address their respective challenges and ensure sustainable growth in the cryptocurrency ecosystem.
Ripple has partnered with Chainlink to enhance the functionality of its RLUSD stablecoin within decentralized finance (DeFi) applications. This collaboration will utilize Chainlink’s price feeds on Ethereum and the XRP Ledger, ensuring accurate, tamper-proof data to support cost-effective transactions.Pegged 1:1 to the US dollar, RLUSD aims for a $2 trillion market cap by 2028, targeting institutional players. Ripple has also enlisted several exchanges for distribution and appointed notable figures to its advisory board to bolster the stablecoin's operations.
XRP has been classified as a store of value by Grayscale and Artemis, highlighting its hard-capped supply and resistance to censorship. Ripple CEO Brad Garlinghouse expressed optimism for XRP's future growth, anticipating a potential withdrawal of regulatory challenges under the new SEC leadership. Currently trading at $2.4, analysts predict XRP could surge to $5, with bullish patterns emerging in its price movements.
Ripple is enhancing its RLUSD stablecoin for decentralized finance by partnering with Chainlink, leveraging its oracle network for reliable price feeds essential for trading and lending. This collaboration aims to position RLUSD competitively in the institutional DeFi sector, addressing the need for high-quality price data.As RLUSD prepares for market launch, Ripple's CTO warns of potential price volatility due to initial supply shortages, which could affect its $1 parity with the U.S. dollar. The stablecoin operates on both the XRP Ledger and Ethereum, emphasizing enterprise compliance and composability with decentralized applications.
Cardano (ADA) has made a notable return to Grayscale's Digital Large Cap Fund, following a significant price surge and increased institutional interest. The altcoin replaced Avalanche (AVAX) in the $811.5 million fund, which includes major assets like Bitcoin and Ethereum. With over $11 million in ADA, the potential for a spot ADA ETF in 2025 has sparked excitement, especially amid a pro-crypto shift in U.S. governance.
Bitcoin (BTC) has surged past $100,000, driven by optimism surrounding Donald Trump's regulatory reforms and a significant influx of investment into Bitcoin ETFs, totaling $908 million. Market sentiment is buoyed by expectations of a pro-crypto government, with analysts predicting a potential super cycle in 2025, although concerns about the rally's sustainability remain. Key support levels are under scrutiny as traders anticipate further price movements leading up to Inauguration Day.
Analysts at Bernstein declare that crypto has entered the "Infinity Age," predicting Bitcoin will reach $200,000 by 2025, alongside a $500 billion stablecoin market. Key trends include increased corporate treasury adoption, significant inflows into Bitcoin ETFs, and a surge in Ethereum institutional interest. The report also anticipates a shift in crypto regulations under a pro-crypto administration, fostering growth in the digital asset market.
GSR has secured regulatory approvals to provide crypto trading services in the UK and Singapore, enhancing its credibility in the global market. The Financial Conduct Authority (FCA) has licensed GSR Markets UK Limited for over-the-counter trading, while the Monetary Authority of Singapore (MAS) granted a Major Payment Institution license for spot trading and digital payment services. These achievements position GSR as a key player bridging institutional finance and the evolving crypto ecosystem.
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