Several XRP ETFs appear on DTCC ahead of potential launches, as the token rallies following US Senate deal to end the longest-ever US government shutdown. Excitement in the crypto community is growing over the potential launch of XRP funds, as the US Senate advances a deal aimed at ending the longest-ever government shutdown. The Senate reportedly reached a deal on a budget bill to end the government shutdown on Sunday, sending a bullish signal to numerous markets, including crypto. The XRP (XRP) community is anticipating multiple XRP exchange-traded funds (ETFs) to launch shortly, with several already appearing on the Depository Trust and Clearing Corporation (DTCC) website ahead of a possible launch this month. Read more
The potential end of the 40-day US government shutdown is decreasing “financial uncertainty” among investors, leading to growing institutional crypto accumulation. Institutional demand for digital assets saw a significant uptick as investors digested news about the US Senate reaching a much-awaited deal that could soon end the 40-day government shutdown. On Sunday, the US Senate advanced a procedural vote to end the government shutdown, with the final post-cloture vote expected to occur on Monday, according to the Senate’s schedule. Cryptocurrency markets saw a rebound after the report. The Starknet (STRK) token rose over 43% as the day’s biggest winner, followed by the Trump-backed World Liberty Financial (WLFI) token, up 28% over the past 24 hours, according to CoinMarketCap data. Read more
Lisa Cameron says her UK-US Crypto Alliance expects a joint transatlantic crypto sandbox to emerge from ongoing talks with US lawmakers and SEC officials. Lisa Cameron, a former United Kingdom Member of Parliament and founder of the UK-US Crypto Alliance, told Cointelegraph she believes a joint “sandbox” between the United States and the United Kingdom is in development to align their crypto markets. Talking to Cointelegraph at the UN City offices in Copenhagen, Denmark, Cameron said that, according to her organization’s understanding, “there will be a sandbox” resulting from a collaboration between the US and the UK. She added that the UK-US Crypto Alliance is “very excited about this potential.” Cameron said that the UK-US Crypto Alliance reached this conclusion after speaking with US Senators and members of the US Securities and Exchange Commission’s (SEC) Crypto Task Force. She said she would expect the sandbox’s purpose to be to “iron out some of this in terms of passporting” for crypto licenses between ...
XRP price recovery could be hindered by stiff resistance at $2.80, as a recent 240% jump in profit-taking highlights investor caution. Key takeaways: XRP surged 12% to $2.53 on Trump’s stimulus news. Increased profit-taking by long-term holders could slow the recovery. Read more
Money was anonymous for thousands of years until the recent experiment in financial surveillance. Privacy-preserving crypto offers a path back to normalcy. Opinion by: Carter Feldman, CEO of Psy For thousands of years, money changed hands in private. A bronze coin passed from merchant to customer, leaving no record of the transaction. No government official knew what you bought or from whom. No bank tracked your spending habits. This wasn’t a bug in the system — it was how money worked. Even as banking systems developed, privacy remained the default. When you paid for a beer with a banknote issued by an institution like the Bank of England, there was no compulsion for the tavern to perform real ID verification or Know Your Customer (KYC). Read more