VivoPower To Load Up On XRP At 65% Discount: Here’s How

XRP is showing strong upward momentum as it breaks through key resistance levels, particularly above $3.020. This positive trend suggests that if it can surpass the $3.120 mark, we could see a significant upswing in its price. This matters because it indicates growing investor confidence and potential for further gains in the cryptocurrency market.

A prominent analyst, Cheeky Crypto, has examined the claim that XRP's circulating supply could disappear overnight. His findings reveal that while nothing in the ledger vanishes, the actual liquid supply of XRP may be much lower than commonly reported. This discrepancy could lead to a significant liquidity squeeze if demand for XRP suddenly increases, making it an important topic for investors and enthusiasts in the cryptocurrency space.

The SEC has taken a significant step by approving new generic listing standards for commodity-based trust shares on major exchanges like Nasdaq and the New York Stock Exchange. This change is set to simplify and speed up the approval process for exchange-traded products linked to digital assets, which could lead to increased investment opportunities in the crypto market. It's a positive development for both investors and the broader financial landscape, as it signals a growing acceptance of cryptocurrencies in traditional finance.

Crypto analyst Rob Cunningham has utilized AI to predict that the price of XRP could soar to $50 if XRP ETFs are approved. This forecast is significant as it highlights the potential for substantial investment inflows into these funds, which could greatly benefit XRP holders and the broader cryptocurrency market. Such predictions can influence investor sentiment and market dynamics, making it a crucial development for anyone interested in crypto investments.

The Chicago Mercantile Exchange (CME) is set to launch XRP options following a remarkable $16 billion rally in XRP futures, highlighting a surge in institutional interest in cryptocurrency. This move is significant as it reflects growing confidence among institutional investors in the digital asset market, potentially paving the way for more robust trading activities and innovations in the crypto space.

The SEC has approved new listing standards that will facilitate the introduction of cryptocurrency ETFs on major exchanges like Nasdaq, Cboe, and NYSE. This is a significant step for the crypto market, as it opens up more opportunities for investors and legitimizes digital assets in the financial landscape. With these streamlined processes, we can expect a surge in interest and investment in crypto ETFs, potentially leading to greater market stability and innovation.

Eric Trump recently referred to Bitcoin as a 'modern-day gold' during an appearance on CNBC's Squawk Box, highlighting its potential as a liquid store of value and a hedge against real estate and other assets. This statement is significant as it reflects a growing acceptance of cryptocurrency in mainstream finance, especially with the launch of his new venture, American Bitcoin, which aims to innovate in the mining and treasury space.

CME Group is set to launch options for Solana and XRP futures by October 13, responding to a growing demand for these cryptocurrencies. This move is significant as it expands trading opportunities for investors and traders, allowing them to hedge their positions and manage risk more effectively. With options available on both standard and micro contracts, this initiative could attract more participants to the crypto market, enhancing liquidity and potentially stabilizing prices.

The launch of the first U.S. XRP ETF by REX-Osprey on September 18 marks a significant milestone for cryptocurrency investors, providing them with direct exposure to XRP. Additionally, the CME Group's plans to introduce options on XRP futures starting October 13 further enhance trading opportunities in this digital asset. These developments are important as they signal growing institutional interest and regulatory acceptance of cryptocurrencies, potentially leading to increased market stability and investor confidence.

CME Group is set to launch options on Solana and XRP futures this October, marking a significant expansion of regulated crypto derivatives beyond just Bitcoin and Ether. This move comes in response to increasing demand in the US market for diverse cryptocurrency trading options, which could attract more investors and enhance market liquidity.

Recent on-chain data indicates that XRP whales have sold off a staggering $480 million worth of coins in just two weeks, suggesting a bearish trend for the altcoin. This significant offloading comes as XRP struggles to maintain its value above the crucial $3 mark, raising concerns about a potential drop to new lows. The data from Santiment reveals that whale holdings have decreased from 6.95 billion to a lower figure, highlighting the shifting dynamics in the market. This situation is crucial for investors to monitor, as it could signal further declines in XRP's price.

This week marks the launch of the first exchange-traded fund (ETF) that offers direct exposure to XRP, a significant development in the cryptocurrency market. ETF expert Nate Geraci highlights that this debut will be a crucial test for investor interest, especially after the buzz surrounding futures-based XRP ETFs. As investors eagerly await the fund's performance, this launch could shape the future of cryptocurrency investments and influence market dynamics.

The Ether Machine, a prominent player in the Ethereum treasury space, is taking significant steps towards a public debut by filing a draft registration statement with the US Securities and Exchange Commission. This move, in collaboration with blank-check firm Dynamix Corporation, signals a growing interest in the cryptocurrency sector and could pave the way for more transparency and investment opportunities in the market. As the crypto landscape evolves, this merger could have implications for both investors and the broader financial ecosystem.

Forward Industries has announced a significant $4 billion equity program aimed at expanding the Solana treasury. This move is crucial as it not only strengthens the financial backbone of Solana but also signals confidence in the growing blockchain ecosystem. By targeting such a substantial investment, Forward Industries is positioning itself as a key player in the crypto space, potentially attracting more investors and enhancing the overall market stability.

BNB is on a strong upward trend, recently surpassing the $980 mark and showing potential to break the $1,000 barrier soon. This rally is significant as it reflects growing investor confidence and could lead to further gains if the price maintains support above $960. Such movements in cryptocurrency prices can influence market sentiment and trading strategies, making it an exciting time for traders and investors alike.

Coinbase CEO Brian Armstrong expressed strong optimism about the Digital Asset Market Clarity Act during his recent visit to Washington, DC. He believes that this legislation could significantly shape the future of the cryptocurrency market, marking a pivotal moment for regulation in the industry. Armstrong's enthusiasm reflects a growing confidence among crypto leaders that clearer regulations could foster innovation and stability in the digital asset space.

HYPE tokens have reached an impressive all-time high of nearly $60, marking an 8% daily gain, while Binance-backed rival DEX Aster has skyrocketed by 350%. This surge in value highlights the growing interest and competition in the decentralized exchange market, showcasing the potential for significant returns in the cryptocurrency space.

XRP is showing strong upward momentum as it breaks through key resistance levels, particularly above $3.020. This positive trend suggests that if it can surpass the $3.120 mark, we could see a significant upswing in its price. This matters because it indicates growing investor confidence and potential for further gains in the cryptocurrency market.