XRP is the native token of the XRP Ledger, and the cryptocurrency used by the Ripple payment network. 

It's built for enterprise use on a global scale and helps power cost-efficient cross-border payments.

Bitcoin

Dogecoin

XRP started to rise on Thursday after investment fund Grayscale launched a professional fund that holds the token in the U.S., while DOGE gained on no apparent catalyst.

XRP, DOGE Lead Market Gains as Bitcoin Dips Under $58K

Worldcoin (CRYPTO: WLD) and XRP (CRYPTO: XRP) were among the biggest gainers Thursday even as the broader market moved sideways. What happened: WLD, the native currency of the blockchain-based identity verification project, popped more than 9%, emerging as the best-performing cryptocurrency in the last 24 hours.

Sam-Altman Founded Worldcoin Soars On OpenAI's o1 Announcement, XRP Rides On Grayscale Trust Launch

Grayscale Investments has created a new trust for XRP, allowing accredited investors to gain exposure to the cryptocurrency known for facilitating cross-border transactions. The Grayscale XRP Trust functions like other single-asset crypto investment vehicles, holding only XRP. Grayscale's head of product highlighted the potential of XRP to transform financial infrastructure.

Grayscale Launches XRP Trust — Cites Potential to Transform Legacy Financial Systems

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: eToro settles with SEC, Grayscale launches new XRP Trust, Standard Chartered predicts bitcoin new all-time high by year-end and more

Grayscale Investments has launched a new XRP Trust, marking the asset manager's return to XRP (CRYPTO: XRP) after dissolving its previous trust in January 2021. What Happened: The move comes following a July 2023 court ruling that XRP, when sold on secondary markets, does not constitute a security.

Grayscale Revives XRP Trust After 3-Year Hiatus

Ripple's XRP jumps as much as 9% as Grayscale introduces XRP trust that could pave way for an ETF

Ethereum

Crypto asset manager Grayscale launched the XRP Trust, a new product giving investors exposure to the Ripple-aligned asset.

Grayscale Debuts XRP Trust Following Bitcoin and Ethereum ETF Launches

Grayscale launches first U.S. XRP trust, sparking 8% price surge and speculation about potential US XRP ETF.

XRP Trust Launched by Grayscale, Sparking Speculation of ETF in Future

After shutting one down in 2021, Grayscale is launching a new XRP fund so investors can gain exposure to the cryptocurrency.

Grayscale launches new XRP closed-end fund

NEAR also jumped 5.0%, joining Ripple as a top performer.

CoinDesk 20 Performance Update: XRP Rallies 5.3%, Leading Index Higher

The fund will offer investors exposure to XRP tokens.

XRP Spikes 8% as Grayscale Launches XRP Trust in the US

The price of Ripple coin (XRP) is bearish as it continues to drift sideways below the moving average lines.

XRP Drifts Sideways And Stops Its Slide Above $0.48

Ripple has renewed its partnership with NYU Abu Dhabi to support blockchain research and innovation. This partnership aims to foster talent development, advance digital asset adoption, and integrate blockchain technology into startups and established institutions in the UAE.

Ripple Renews NYU Abu Dhabi Partnership for Blockchain Research

Ripple is set to transform the XRP Ledger with a major enhancement that brings Ethereum-compatible smart contracts into the ecosystem via a new sidechain. What Happened: This upgrade will allow the ledger, which primarily facilitates simple financial transactions, to now support complex decentralized applications like exchanges and token issuance.

Ripple Expands XRP Ledger With Ethereum-Compatible Smart Contracts Via Sidechain

Ripple CEO Brad Garlinghouse discussed Japan's potential in blockchain technology with Japanese lawmaker Taira Masaaki during XRP Community Day. Garlinghouse praised Japan's commitment to advancing crypto, highlighting the country's “clear frameworks and constructive policy” that encourage innovation while ensuring consumer protection.

Ripple CEO: Japan's Leaders Committed to Advancing Crypto and Blockchain Technology

Ripple chairman Chris Larsen, along with other business leaders in the US, is reportedly endorsing Democratic nominee Kamala Harris for president. According to a new report by CNBC, Larsen is endorsing Harris over former president Donald Trump alongside 87 other current and former corporate executives.

Ripple Chairman Chris Larsen Endorses Kamala Harris for President in New Letter With American CEOs: Report

A judge is partially granting a motion by Coinbase that would force the U.S. Securities and Exchange Commission (SEC) to produce critical documents. Last month, Coinbase filed the motion to procure the documents related to its previous communication with crypto issuers because they believe the regulatory body's enforcement actions have been inconsistent.

Judge Partially Grants Coinbase Motion in Compelling SEC To Produce Key Documents, Cites Ripple Case in Order

Eighty-eight business leaders, including Ripple co-founder Chris Larsen, have endorsed Vice President Kamala Harris for president, in a new letter shared by CNBC on Friday. Some crypto investors are puzzled by Larsen's move, given the Biden administration's stringent regulatory stance on cryptocurrency and its ongoing lawsuit against Ripple. The U.S.

Kamala Harris Gains Ripple Co-Founder Chris Larsen's Endorsement

Solana

The bitcoin price has dropped below a key resistance level as the crypto market crashes under $2 trillion

‘Extreme Fear' And Fed Panic And Spark Sudden $2 Trillion Crypto Price Crash—Hitting Bitcoin, Ethereum, BNB, Solana, XRP And Dogecoin

The news follows the firm's CEO Brad Garlinghouse urging Harris to take an open-minded approach to crypto regulation.

Ripple Labs Co-Founder Chris Larsen Backs Kamala Harris

A judge has agreed to delay enforcing the $125 million civil penalty imposed on Ripple, cracking open the door for a potential appeal in the payment firm's longstanding legal battle with the U.S. Securities and Exchange Commission (SEC).

Judge Agrees To Delay $125,000,000 Penalty in SEC v. Ripple Lawsuit, Opening the Door to a Possible Appeal

A key executives with ties to the cryptocurrency firm Ripple have publicly endorsed Vice President Kamala Harris' 2024 presidential campaign, according to a report from CNBC.

Ripple Executives Endorse Kamala Harris for 2024 Presidential Campaign

Chris Larsen's endorsement comes as Ripple has emerged as one of the biggest donors in the 2024 U.S. elections.

Ripple Co-Founder Among Kamala Harris' New Corporate Endorsers

Blockchain platform Ripple (CRYPTO: XRP) joined a group of 88 current and former top executives endorsing Vice President Kamala Harris for president. The support of Chris Larsen, co-founder of Ripple, is noteworthy given Ripple's recent legal victory against the U.S. Securities and Exchange Commission (SEC).

Ripple Co-Founder Backs Kamala Harris While Crypto Regulatory Debates Continue

The digital assets market is experiencing a wave of new stablecoin launches by various technology and cryptocurrency companies, and even a state, in spite of concerns about their limited use and chances of survival. What Happened: A Financial Times report on Thursday revealed that blockchain-based payments company Ripple Labs, lender Banking Circle, cryptocurrency firm Paxos International, and Hong Kong's IDA have recently unveiled plans for their own stablecoins.

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