The American mutual fund Kinetics Internet Portfolio, which has $275 million in assets and is part of Kinetics Portfolios Trust, has acquired a direct equity stake in Ripple Labs Inc.
A group of senior U.S. crypto executives has met Commerce Secretary Howard Lutnick to discuss the CLARITY Act, including unresolved ethics provisions and ways the White House could help secure bipartisan support for the stalled market structure bill.
Ripple CEO Brad Garlinghouse cited an estimate of 67 million U.S. crypto owners as Washington prepares key regulatory decisions.
On Wednesday, the U.S. Spot SOL and XRP ETFs each received more than $2 million in daily net inflows.
Ripple CEO Brad Garlinghouse joins private CLARITY Act talks, fueling hopes for clearer U.S. crypto rules and a more favorable outlook for XRP.
Ripple's XRP token posted a substantial 10% gain on Wednesday, advancing from a 24-hour bottom of $0.9956 to touch an intraday peak of $1.10. Throughout most of August, the cryptocurrency had traded in a tight range around the $1 mark, making this advance one of the most significant single-session rallies in recent trading periods.
XRP trading has developed a pronounced weekday peak during overlapping London and New York business hours. Evernorth highlighted that the three-hour window captured 23.5% of weekday on-chain volume in July, up from 14.3% a year earlier. XRP Trading Develops a Weekday Rush Hour XRP treasury company Evernorth shared Aug.
Ripple CEO Brad Garlinghouse says the company remains comfortable staying private, reducing expectations of an immediate IPO. Ripple has used tender offers and major acquisitions to provide shareholder liquidity while expanding its financial infrastructure business.
Cash App users can now buy XRP, solana, ether, and USDT directly through a new Moonpay integration, giving the app's 59 million users access to tokens that Block has never listed directly on its own platform.
XRP is surging by 6% and triggering massive short liquidations following the SEC's new regulatory framework, with bulls eyeing a near-term move past the $1.15 resistance and a subsequent retest of the 200-day EMA at $1.32.
A Korean regional bank just became the first of its kind to run Ripple Payments, and Grok AI predicts and opens a door for others to follow through. The price prediction places XRP at $1.80 to $2.60 by the end of 2026, with $2.10 as the realistic base case.
XRP printed a low of $0.99524, took out every stop under the dollar, and closed 7.9% higher. Here is what the reversal sets up.