Summary: Grayscale is launching the U.S.'s first XRP trust, a "closed-end" fund offering accredited investors exposure to XRP. This move comes amid ongoing SEC litigation with Ripple over XRP’s regulatory status and could potentially lead to an XRP ETF in the future.

• Sentiment: 0.2
• Fox Business @ 2024-09-12 08:46:34 EDT Read More

Summary: Grayscale will launch the first XRP trust fund in the U.S., giving accredited investors direct exposure to XRP. This trust fund could evolve into an XRP ETF, potentially boosting institutional investment and XRP's price amid ongoing regulatory uncertainties.

• Sentiment: 0.6
• CryptoNewsZ @ 2024-09-12 10:12:22 EDT Read More

Summary: Grayscale Investments is launching a new closed-end fund exclusively for XRP, boosting its price by 7.3%. This trust offers accredited investors exposure to XRP and highlights its potential to transform cross-border financial transactions.

• Sentiment: 0.5
• Seeking Alpha @ 2024-09-12 10:03:41 EDT Read More

Summary: XRP's price surged over 6% to $0.56715 following Grayscale's announcement of launching an XRP Trust on September 12. This move, coupled with Ripple’s recent legal victory, boosts optimism for potential institutional investment and the possibility of a U.S. spot XRP ETF.

• Sentiment: 0.8
• Finbold @ 2024-09-12 09:50:36 EDT Read More

Summary: Grayscale is launching the first U.S. XRP trust, offering accredited investors direct exposure to XRP. This move, amid ongoing regulatory challenges for Ripple Labs, could enhance institutional interest and potentially pave the way for an ETF, influencing XRP's market performance.

• Sentiment: 0.6
• Coinpedia @ 2024-09-12 09:46:25 EDT Read More

Summary: Grayscale is launching the first US XRP Trust as a closed-end fund, potentially leading to an XRP ETF. This move comes amid renewed market optimism following Ripple's SEC lawsuit developments and Grayscale’s successful ETF launches for Bitcoin and Ethereum.

• Sentiment: 0.75
• Watcher Guru @ 2024-09-12 09:43:03 EDT Read More

Summary: Grayscale Investments has launched a new product tracking Ripple’s XRP, allowing daily subscriptions for accredited investors. This move highlights XRP’s role in cross-border transactions and drove its price up by over 6% shortly after the announcement.

• Sentiment: 0.6
• CryptoPotato @ 2024-09-12 09:40:08 EDT Read More

Summary: Ripple (XRP) surged nearly 6% after Grayscale announced plans to launch the first U.S. XRP trust, a closed-end fund offering accredited investors direct exposure to XRP.

• Sentiment: 0.2
• XTB.com @ 2024-09-12 09:18:20 EDT Read More

Summary: Grayscale is launching a new XRP Trust, potentially paving the way for a U.S. spot XRP ETF. This move follows Ripple Labs’ legal victory against the SEC, which had previously halted Grayscale's XRP Trust in 2021.

• Sentiment: 0.7
• CoinDesk @ 2024-09-12 09:20:07 EDT Read More

Summary: Grayscale has prior success in turning its Bitcoin & Ethereum trusts into ETFs, so doing the same for its XRP trust is on the cards.

• Sentiment: 0.0
• 99Bitcoins @ 2024-09-12 11:12:07 EDT Read More

Summary: Grayscale's new XRP investment trust led to an 8% surge in XRP's value, reaching $0.58. The trust, focusing solely on XRP, highlights its potential to revolutionize cross-border payments, though challenges remain for an XRP ETF approval due to ongoing SEC issues.

• Sentiment: 0.4
• CryptoSlate @ 2024-09-12 10:56:29 EDT Read More

Summary: Grayscale's announcement of launching the first U.S. XRP Trust under ticker XRX has spiked XRP's price by 7% to $0.57. The Trust's potential to attract accredited investors may boost XRP's price further, with speculation about an eventual XRP ETF.

• Sentiment: 0.6
• Blockzeit @ 2024-09-12 10:55:57 EDT Read More

Summary: Grayscale Investments has launched the Grayscale XRP Trust Fund, the first U.S. fund dedicated to XRP. This regulated product offers investors exposure to XRP without direct purchase, potentially enhancing XRP's legitimacy and attracting institutional investment despite ongoing regulatory challenges.

• Sentiment: 0.6
• The Cryptonomist @ 2024-09-12 10:37:07 EDT Read More

Summary: Grayscale Investments has launched the "Grayscale XRP Trust" to enable institutional investors to invest in $XRP, the cryptocurrency of the XRPL network. This move highlights growing institutional interest in XRP and could drive further price increases.

• Sentiment: 0.6
• Bitcoinik @ 2024-09-12 10:34:05 EDT Read More

Summary: Grayscale Investments has launched the Grayscale XRP Trust, giving accredited investors access to XRP despite ongoing regulatory uncertainties. This move could increase institutional interest and potentially lead to the development of an XRP ETF, integrating digital assets into traditional financial markets.

• Sentiment: 0.6
• crypto.news @ 2024-09-12 10:27:19 EDT Read More

Summary: Grayscale Investments launched the XRP Trust, a single-asset investment fund for XRP, attracting institutional investors. This news caused XRP to surge by over 10%, though it later stabilized with a 4% gain.

• Sentiment: 0.6
• FXStreet @ 2024-09-12 12:05:44 EDT Read More

Summary: Grayscale has launched the U.S.'s first XRP Trust, offering accredited investors direct exposure to XRP. This development has boosted XRP’s price by 6.2% and sparked speculation about a potential XRP ETF, pending SEC approval.

• Sentiment: 0.6
• CoinChapter @ 2024-09-12 11:21:44 EDT Read More

Summary: Grayscale launched a new trust providing investors exposure to XRP, highlighting its potential to transform financial infrastructure. Unlike Bitcoin and Ethereum ETFs, this trust will not allow for quick share redemption but offers a way to track XRP's price.

• Sentiment: 0.6
• decrypt @ 2024-09-12 12:12:19 EDT Read More

Summary: Grayscale has launched the XRP Trust, aimed at accredited investors and potentially retail investors in the future. This move has led to a 6.5% rise in XRP's value, indicating increased interest and potential future growth for the cryptocurrency.

• Sentiment: 0.3
• The Motley Fool @ 2024-09-12 13:06:07 EDT Read More

Summary: Grayscale's announcement of the Grayscale XRP Trust on September 12, 2024, has triggered a 6% price surge in XRP and a 75% increase in trading volume. The trust's launch has attracted significant attention, suggesting a bullish trend for XRP.

• Sentiment: 0.75
• Coinpedia @ 2024-09-12 12:56:16 EDT Read More

Summary: Grayscale Investments has launched a new XRP Trust following a July 2023 court ruling that XRP, when sold on secondary markets, is not a security. This move signals a shift from Grayscale’s previous stance amid regulatory scrutiny of Ripple Labs.

• Sentiment: 0.2
• Benzinga @ 2024-09-12 12:50:17 EDT Read More

Summary: Grayscale's new trust offering accredited investors direct exposure to XRP led to a significant price increase, with XRP rising up to 9% following the announcement. The trust aims to provide investment access to Ripple’s cryptocurrency, crucial for cross-border transactions.

• Sentiment: 0.6
• CNBC @ 2024-09-12 12:49:07 EDT Read More

Summary: Grayscale launched an $XRP closed-end fund, causing $XRP's price to jump as investors expect broader institutional exposure.

• Sentiment: 0.0
• Milk Road @ 2024-09-12 12:42:07 EDT Read More

Summary: Grayscale has announced the launch of the Grayscale XRP Trust in the US, providing accredited investors with direct exposure to XRP. This development could pave the way for an XRP-based ETF, pending SEC approval, and has caused a notable price increase in XRP.

• Sentiment: 0.7
• ZyCrypto @ 2024-09-12 13:55:50 EDT Read More

Summary: Grayscale has launched the XRP Trust, a closed-end fund allowing accredited investors to gain direct exposure to XRP without SEC approval. This move, amid Ripple's $125 million fine for XRP sales, could potentially lead to an ETF conversion in the future.

• Sentiment: 0.3
• Crypto Economy @ 2024-09-12 13:41:22 EDT Read More

Summary: Grayscale Investments has launched a new XRP Trust in the U.S., leading to an 8% increase in XRP’s value. This move, following Ripple Labs' legal victory, may signal the potential introduction of a U.S. spot XRP ETF and enhanced institutional adoption.

• Sentiment: 0.7
• Blockchain News, Opinion, Jobs and Video @ 2024-09-12 13:30:07 EDT Read More

Summary: XRP surged by 6.5% as Grayscale launched an XRP Trust, signaling increased institutional interest and potential for future retail investment. This move follows Grayscale’s history of successful crypto funds, though it remains early in its ETF conversion process.

• Sentiment: 0.35
• AOL.com @ 2024-09-12 13:05:54 EDT Read More

Summary: Ripple CEO Brad Garlinghouse expressed surprise and optimism about Grayscale launching an XRP trust, noting the potential growth of XRP with regulatory clarity. The price of XRP spiked over 5% following the announcement, signaling positive market response.

• Sentiment: 0.3
• U.Today @ 2024-09-12 14:10:09 EDT Read More

Summary: XRP (XRP) price forecasts are becoming more bullish in wake of Grayscale’s XRP Trust announcement. Could this trigger a new ...

• Sentiment: 0.0
• cryptonews @ 2024-09-12 14:39:08 EDT Read More

Summary: Grayscale launched the first XRP Trust in the US, offering accredited investors exposure to XRP. This move is seen as a potential precursor to an XRP ETF, following a similar process used for Bitcoin and Ethereum trusts previously converted into ETFs.

• Sentiment: 0.4
• Decripto.org @ 2024-09-12 15:57:45 EDT Read More

Summary: Grayscale is set to launch the first U.S. XRP trust, potentially leading to an XRP ETF. The trust’s establishment could pave the way for an ETF, despite XRP’s ongoing regulatory challenges with the SEC. XRP's price surged over 4% recently.

• Sentiment: 0.6
• crypto2community @ 2024-09-12 15:56:27 EDT Read More

Summary: Grayscale Investments has launched the Grayscale XRP Trust, which has led to a nearly 10% increase in XRP's price. This trust provides investors with exposure to XRP, enhancing its availability and potentially impacting its market value.

• Sentiment: 0.6
• The Business Times @ 2024-09-12 18:09:30 EDT Read More

Summary: Ripple CEO Brad Garlinghouse expressed surprise at Grayscale's creation of an XRP Trust, citing it as a positive development due to XRP's regulatory clarity in the U.S. He anticipates this will drive market growth and expansion of the cryptocurrency space.

• Sentiment: 0.6
• EconoTimes @ 2024-09-12 18:36:58 EDT Read More

Summary: Grayscale is launching the Grayscale XRP Trust, offering institutional investors direct exposure to XRP amid the ongoing Ripple vs SEC lawsuit. This development has caused XRP’s price to rise over 8% and increased trading volumes significantly.

• Sentiment: 0.7
• The Coin Republic @ 2024-09-12 18:34:07 EDT Read More

Summary: Grayscale Investments' launch of the Grayscale XRP Trust led to a nearly 10% increase in XRP’s price, highlighting growing investor interest and potential mainstream adoption, despite ongoing regulatory scrutiny and Ripple’s request to delay a $125 million SEC payment.

• Sentiment: 0.4
• Crypto News Flash @ 2024-09-12 21:03:10 EDT Read More

Summary: Analysts predict XRP could reach $100, making holders of 10,000 XRP millionaires with an 18,900% return. Ripple's recent legal victory over the SEC and growing utility and partnerships contribute to this bullish outlook, despite past underperformance.

• Sentiment: 0.6
• The Crypto Basic @ 2024-09-12 00:36:07 EDT Read More

Summary: Ripple is consolidating around $0.53 with rising buying pressure and an anticipated breakout. Analysts expect Ripple to rally in October, aiming to reclaim $1 by year-end. The launch of the RLUSD stablecoin could further drive up Ripple's price in 2025.

• Sentiment: 0.75
• Times Tabloid @ 2024-09-12 01:30:04 EDT Read More

Summary: XRP is in a short-term bearish trend, struggling below $0.55, with recent trading showing downward pressure. The coin is down nearly 20% from July highs and may target $0.50 if it fails to surpass $0.55 soon.

• Sentiment: -0.4
• FXLeaders @ 2024-09-12 02:29:08 EDT Read More

Summary: Analysts predict a potential bull run for XRP, citing tightening Bollinger Bands and historical patterns suggesting a significant rally similar to late 2017 and early 2018, potentially driving XRP’s price to new highs.

• Sentiment: 0.3
• CryptoPotato @ 2024-09-12 04:15:59 EDT Read More

Summary: XRP's price might rise to $0.64 by October and potentially reach $1.37 by March 2025, but it has been underperforming with a 50% decline over the past three years. Despite recent legal victories, its investment outlook remains uncertain.

• Sentiment: 0.2
• Watcher Guru @ 2024-09-12 04:00:00 EDT Read More

Summary: On September 12, 2024, Whale Alert reported the release of 39.32 million XRP to Bitstamp, which may trigger a significant price drop. XRP's price fell 1.12% in 24 hours and is below the 200-day EMA, signaling a bearish trend.

• Sentiment: -0.7
• VOI.ID @ 2024-09-12 04:00:07 EDT Read More

Summary: Ripple's XRP has faced a 7% value drop, currently at $0.54, amid ongoing FUD, which may be used to manipulate market sentiment and benefit institutional buyers. Despite this, optimistic analysts highlight a bullish pattern that could signal a potential price recovery.

• Sentiment: 0.0
• Coinpedia @ 2024-09-12 05:10:36 EDT Read More

Summary: XRP shows potential for a significant price breakout as its Stochastic RSI breaches a 14-month downtrend. This bullish sign, along with the Elliott Wave structure projecting a rise to $9+, suggests a possible extensive rally ahead.

• Sentiment: 0.6
• The Crypto Basic @ 2024-09-12 05:11:08 EDT Read More

Summary: XRP Ledger achieved 1500 transactions per second (TPS) in 2022, approaching Visa's 1700 TPS. It aims to enhance this performance with ongoing e-CNY tests.

• Sentiment: 0.2
• CryptoNewsZ @ 2024-09-12 06:00:18 EDT Read More

Summary: XRP has struggled in 2024 due to ongoing regulatory challenges with the SEC, resulting in a 14% decline in its value. Despite a brief price boost from a favorable court ruling, XRP remains in a bearish phase with uncertain legal outcomes ahead.

• Sentiment: 0.2
• TechBullion @ 2024-09-12 06:35:26 EDT Read More

Summary: Javon Marks predicts XRP could surge to $3.13 based on an ascending triangle pattern and bullish divergences. A significant breakout above the 7-year trendline could signal a 500% rise, echoing past explosive rallies after consolidation periods.

• Sentiment: 0.4
• CaptainAltcoin @ 2024-09-12 06:30:00 EDT Read More

Summary: Ripple CEO Brad Garlinghouse highlighted Japan's potential market for yen stablecoins and emphasized Ripple’s focus on launching a US dollar-pegged stablecoin first. He did not confirm plans for a Ripple XRP stablecoin specifically in Japan.

• Sentiment: 0.6
• CryptoNewsZ @ 2024-09-12 08:50:58 EDT Read More

Summary: XRP is in the midst of a fierce battle with key resistance levels that are keeping its price in check. After failing to break above the 50% Fibonacci...

• Sentiment: 0.0
• DailyCoin @ 2024-09-12 08:52:07 EDT Read More

Summary: Ripple is making headlines, but not just for its tech. Recently, Ripple CTO David Schwartz made waves with a tweet applauding Elon Musk's Starlink for...

• Sentiment: 0.0
• DailyCoin @ 2024-09-12 09:33:06 EDT Read More

Summary: Ripple Labs continues issuing RLUSD stablecoins, with 402 minted today. This is part of ongoing testing for their new stablecoin, which is dollar-pegged and backed by reserves. Audits and monthly attestations of reserves will be conducted.

• Sentiment: 0.2
• U.Today @ 2024-09-12 09:24:00 EDT Read More

Summary: XRP is trading above $0.5369 on September 12, recovering while holders await potential actions from the SEC following a partially favorable lawsuit outcome. An appeal by the SEC could affect XRP's legal status and investor sentiment.

• Sentiment: 0.2
• FXStreet @ 2024-09-12 09:15:00 EDT Read More

Summary: Ripple (XRP) may experience a price increase if its upcoming stablecoin launch gains widespread adoption. The XRP price is currently low, presenting a potential buying opportunity as optimism for a bull run grows.

• Sentiment: 0.9
• TechBullion @ 2024-09-12 12:27:53 EDT Read More

Summary: XRP is showing signs of a potential 500% surge, breaking a 7-year resistance, according to analysts. Chart patterns and hidden bullish divergences suggest a significant price movement ahead, with historical trends supporting the likelihood of a major rally.

• Sentiment: 0.6
• AMBCrypto @ 2024-09-12 14:00:09 EDT Read More

Summary: Significant advances in the XRP Ledger (XRPL) during September 2024 include increased DeFi activity, major financial institution integrations, new NFT marketplaces, regulatory approvals, and protocol improvements, indicating a potential tipping point for XRP adoption and ecosystem growth.

• Sentiment: 0.6
• InvestingHaven @ 2024-09-12 08:50:48 EDT Read More

Summary: Despite Ripple's recent legal victories and technological advancements, XRP has experienced prolonged price stagnation. Investor sentiment is mixed, with some attributing the slow growth to ongoing legal issues with the SEC, while others remain hopeful for future gains.

• Sentiment: 0.0
• ZyCrypto @ 2024-09-12 16:07:30 EDT Read More

Summary: XRP's technical analysis indicates a strong bullish trend, with potential for a 500% surge if it breaks the $3.313 resistance zone. Despite regulatory uncertainties, key indicators suggest XRP could experience a significant price rally soon.

• Sentiment: 0.7
• TronWeekly @ 2024-09-12 15:03:00 EDT Read More

Summary: Ripple (XRP) surged by up to 10% following Grayscale's launch of an XRP-focused investment fund in the US. The altcoin later corrected to a 4% gain but remains boosted by the new institutional investment vehicle.

• Sentiment: 0.3
• FXStreet @ 2024-09-12 14:59:43 EDT Read More

Summary: XRP, trading within a symmetrical triangle, faces downward pressure from whale sell-offs but shows potential for an upward shift due to retail investor confidence. Positive trends in Funding Rate and Open Interest hint at a rally, despite risks of whale-induced declines.

• Sentiment: 0.06
• AMBCrypto @ 2024-09-12 17:00:27 EDT Read More

Summary: Ripple is focusing on institutional clients and cross-border transactions, launching its RLUSD stablecoin for institutional use only. Despite the XRP Ledger’s low market cap and ongoing retail limitations, whale accumulation and renewed investor confidence could drive potential market gains for XRP.

• Sentiment: 0.1
• CoinChapter @ 2024-09-12 16:24:48 EDT Read More

Summary: Ripple rose on Thursday as demand on cryptocurrencies rebounded strongly, with major central banks heading for interest rates cuts, in turn boosting...

• Sentiment: 0.0
• Economies.com @ 2024-09-12 16:20:07 EDT Read More

Summary: Ripple's launch of the stablecoin Ripple USD (RLUSD), pegged to the US dollar, could boost XRP's value. As RLUSD is tested on the XRP Ledger, increased demand for the stablecoin might lead to higher XRP demand and price.

• Sentiment: 0.7
• NewsLite @ 2024-09-12 19:09:07 EDT Read More

Summary: XRP's growing list of partnerships suggests increased market interest in blockchain technology, potentially boosting Ripple's prominence in the crypto space. Meanwhile, BlockDAG is gaining attention with its successful presale and upcoming testnet launch, promising significant growth.

• Sentiment: 0.9
• Analytics Insight @ 2024-09-12 19:00:00 EDT Read More

Summary: The SEC’s appeal concerning Ripple's programmatic XRP sales was dismissed by Judge Torres on October 3, 2023. Although Ripple faced a $125 million penalty, future legal action could still target the classification of XRP's programmatic sales as securities transactions.

• Sentiment: 0.1
• Times Tabloid @ 2024-09-12 00:26:27 EDT Read More

Summary: Crypto expert NotFinancialAdvice argues that the ongoing FUD against XRP may be a strategy by powerful entities to deter retail investors from buying the coin at lower prices, thereby maintaining institutional control and influence over XRP's market perception.

• Sentiment: 0.3
• The Crypto Basic @ 2024-09-12 02:48:08 EDT Read More

Summary: The NYSBA interpreted the Ripple v. SEC ruling as indicating that XRP is not inherently a security. This summary judgment is seen as a victory for Ripple and could shape future crypto regulation by challenging the SEC’s broad securities claims.

• Sentiment: 0.6
• The Crypto Basic @ 2024-09-12 06:59:07 EDT Read More

Summary: The investigation into SEC Chairman Gary Gensler's hiring practices could benefit Ripple and XRP by increasing scrutiny on the SEC’s regulatory actions. If evidence of favoritism is found, it may weaken Gensler’s stance and impact the Ripple case.

• Sentiment: -0.2
• Times Tabloid @ 2024-09-12 12:21:21 EDT Read More

Summary: Ripple Co-founder Chris Larsen faces backlash from the XRP community for endorsing Kamala Harris in the 2024 US presidential elections, as Harris is seen as supportive of Ripple's legal adversary, the SEC. This controversy has intensified criticism among XRP investors.

• Sentiment: -0.4
• CaptainAltcoin @ 2024-09-12 15:00:00 EDT Read More

Summary: Prominent crypto expert NotFinancialAdvice (NFA) argues that the persistent FUD (Fear, Uncertainty, and Doubt) surrounding XRP is a deliberate strategy by powerful entities to manipulate market sentiment and prevent retail investors from buying the token at lower prices.

• Sentiment: 0.1
• TronWeekly @ 2024-09-12 16:00:00 EDT Read More

Summary: Ripple is seeking to delay a $125 million payment in its XRP lawsuit with the SEC, just before the deadline. This comes as Ripple prepares for a possible appeal, while XRP's price remains steady despite the ongoing legal battle.

• Sentiment: 0.6
• Crypto Reporter @ 2024-09-12 22:56:08 EDT Read More