XRP ETF application could be filed in April and could launch before year-end
The cryptocurrency XRP may launch an exchange-traded fund (ETF) this year and the application could be submitted as early as the next few months. Cryptocurrency expert Ben Armstrong hinted at the forthcoming XRP ETF in a video, stating that the application for the ETF could be submitted in April based on insider information and that the SEC's lawsuit against Ripple is also planned to end. Armstrong further stated that BlackRock, the world's largest asset management company and a leading manager of Bitcoin ETFs, will be the first to launch an XRP ETF.
Grayscale makes quarterly update on multi-asset cryptocurrency index fund component weights, GDLC adds AVAX and XRP, and removes MATIC
On January 7th, Grayscale announced quarterly updates to the component weights of the multi-asset cryptocurrency index fund GDLC.<br>In this adjustment, Grayscale Digital Large Cap Fund (GDLC) added AVAX and XRP, and removed MATIC. As of January 4, 2024, the components of the Grayscale Digital Large Cap Fund include BTC, ETH, ADA, SOL, AVAX, and XRP;<br>The CRV was removed from the Grayscale DeFi Fund (DEFG) index. The components of the Grayscale DeFi Fund (DEFG) include UNI, LDO, AAVE, MKR, and SNX;<br>The components of the Grayscale Non-Ethereum-based Smart Contract Platform Fund (GSCPxE) include ADA, SOL, MATIC, DOT, AVAX, and ATOM.
Number of NFTs minted on XRP Ledger platform exceeds 5 million
Bithomp statistics show that over 5 million NFTs have been minted on the XRP Ledger platform, with 5,166,733 NFTs currently using the XLS-20 standard. At the beginning of 2023, the NFT issuance on the XRP Ledger was less than 1 million.
XRP’s daily trading volume is lower than last six years’ record
The daily trading volume of XRP is at a six-year low. The recorded trading volume of 1.9 billion on Thursday was lower than last year's 2.4 billion and significantly lower than the record of 19 billion in 2020. Cryptocurrency detectives say that the downward trend in trading volume not only affects XRP, but also affects the entire cryptocurrency industry.
Galaxy Digital CEO admits he was wrong about XRP and Ripple and acknowledges the XRP community
Galaxy Digital founder and CEO Mike Novogratz admits that his past views on XRP and Ripple were "completely wrong." Novogratz now sees Ripple as an institution and the XRP community as a "real" organization that cares about the ecosystem and the token. In addition, Novogratz believes that the current high spending by the US government is stimulating the economy, but he also acknowledges that there will be a price to pay in the future. <br>
90,016,000 XRP transferred from unknown wallet to unknown wallet
According to Whale Alert monitoring, 90,016,000 XRP was transferred from an unknown wallet to another unknown wallet, worth over $55,609,091.
24 million XRP transferred from unknown wallet to Bitstamp
According to Whale Alert monitoring, at around 07:24 Beijing time, 24 million XRP (worth 14.79 million US dollars) was transferred from an unknown wallet to Bitstamp.
1 billion XRP unlocked from Ripple’s escrow
According to Whale Alert monitoring, 1 billion XRP ($602,019,904) has been unlocked from Ripple's custody.
Over 32.07 million XRP transferred from unknown wallet to Bithumb
According to Whale Alert monitoring, 32,078,901 XRP (approximately $19,557,285) was transferred from an unknown wallet to Bithumb.
$48 million in XRP transferred out of Ripple
According to Whale Alert monitoring, 80 million XRP (about $48 million) was transferred from Ripple to an unknown wallet.
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