Ripple has appointed Joseph Thompson, former senior VP and head of treasury at the London Metal Exchange, to its trading and markets team to focus on tokenization strategy and delivery. Thompson brings nearly a decade of experience at LME and over 15 years in financial services, including roles at Deutsche Bank and ICAP. This hire supports Ripple's expansion into tokenized assets and institutional trading but does not confirm any new commodity tokenization products or direct links to metals traded on LME. Ripple's tokenization efforts are part of its broader push into custody, stablecoins, and institutional markets, with further project details yet to be announced.
Bitwise's Solana Staking ETF reached $1 billion in assets under management, driven by its 5.8% annual yield from staking. In contrast, XRP ETFs have yet to hit the billion-dollar mark due to the XRP Ledger's lack of native staking and yield generatio...
Trader DonAlt highlights Ethereum's clear technical setup, with ETH holding above a crucial $2,400 breakout level after rising about 30% since mid-August. This support level is key to maintaining the recent rally, with resistance near $2,816 offering...
Prediction markets indicate XRP will most likely trade between $1.30 and $1.50 on September 1, with a 45% chance of closing between $1.30 and $1.40 and a 36% chance between $1.40 and $1.50. This suggests traders expect XRP to stay within a stable ran...
After nine days of inflows totaling $3.04 billion, U.S. Spot Bitcoin ETFs recorded $201.81 million in outflows on August 28 as Bitcoin's price fell from $80K to around $78,275. Meanwhile, altcoin ETFs like Ethereum, XRP, and Solana continued to attra...
XRP has maintained its position above the crucial 200-day moving average after a strong rally from around $1.00 to nearly $1.70, currently trading near $1.39. This sustained support suggests a robust bullish trend, as sellers lack the volume to push ...
