Remove Exchange-Traded Funds Remove Legal Remove Securities and Exchange Commission (SEC)
article thumbnail

Should You Forget Bitcoin and Buy XRP Instead?

The Motley Fool

The differences between XRP and other cryptocurrencies XRP is the native cryptocurrency of Ripple, a blockchain ledger which is used as a cheaper, faster, and more secure alternative to the widely used SWIFT (Society for Worldwide Interbank Financial Telecommunication) protocol for money transfers. To make matters worse, the U.S.

article thumbnail

Should You Buy XRP While It's Under $1?

The Motley Fool

At the beginning of August, the long-running Securities and Exchange Commission (SEC) court case against Ripple (the company behind the XRP token) finally wrapped up, and it looks like the worst of XRP's regulatory headaches is over. The SEC claimed it was a security, while Ripple claimed it was a cryptocurrency.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Single-Most Important Catalyst Taking Bitcoin and the Crypto Market Higher

The Motley Fool

Yesterday's highly awaited decision from a federal appeals court appears to have paved the way for a spot Bitcoin exchange-traded fund ( ETF ) to finally be launched. The SEC views futures-based ETFs (which are currently allowed) as safer for investors. Who will win the race to list the first spot Bitcoin ETF?

article thumbnail

5 Things to Know About Ethereum's First Spot Price ETFs

The Motley Fool

Securities and Exchange Commission (SEC) approved the first eight applications for Ether (CRYPTO: ETH) spot price exchange-traded funds (ETFs) from Grayscale, Bitwise, iShares, VanEck, Ark Invest, Invesco, Fidelity, and Franklin Templeton. On May 22, the U.S. Let's review the five key facts to decide.

article thumbnail

5 Things to Know About Ethereum's First Spot Price ETFs

The Motley Fool

Securities and Exchange Commission (SEC) approved the first eight applications for Ether (CRYPTO: ETH) spot price exchange-traded funds (ETFs) from Grayscale, Bitwise, iShares, VanEck, Ark Invest, Invesco, Fidelity, and Franklin Templeton. On May 22, the U.S. Let's review the five key facts to decide.

article thumbnail

3 Super-Bullish Scenarios for How XRP Could Skyrocket in Value

The Motley Fool

SEC settlement The one catalyst that seems most likely is some form of settlement with the Securities and Exchange Commission (SEC) this year in an ongoing lawsuit involving Ripple , the company behind the XRP crypto token. The SEC is adamant that XRP is a security, not a cryptocurrency.

article thumbnail

Prediction: Billionaires Will Buy This Cryptocurrency That Could Soar 23,900%, According to Wealth Manager Jake Claver

The Motley Fool

In recent videos and social media posts, the wealth manager highlighted the following catalysts for a higher XRP price: Several financial giants are going through the paperwork of creating exchange-traded funds (ETFs) based on XRP's real-time spot price. This is where the billionaires will enter the XRP market in a big way.