XRP Bulls Poised – $3.12 Break Might Start Strong Upswing

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.

Ethereum is on the rise, recently surpassing $4,520 and showing promising signs as it approaches the critical resistance level of $4,680. This upward trend is significant as it indicates a potential recovery for ETH, especially after breaking through a bearish trend line. If Ethereum can maintain its position above $4,640 and $4,700, it could lead to further gains, making this an exciting time for investors and traders alike.

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.

Bitcoin's price is currently on the rise, surpassing $116,500, and is approaching a critical resistance level at $117,250. If it manages to break through this hurdle, it could gain significant bullish momentum. This is important for investors as it may signal a potential upward trend, making it a key moment for those watching the cryptocurrency market.

VivoPower International is making a bold move by pivoting its treasury strategy to focus on XRP, allowing it to acquire the cryptocurrency at a significant discount of up to 65%. This innovative approach involves mining other proof-of-work assets and swapping them for XRP, which could enhance the company's financial position and appeal to investors. As the cryptocurrency market continues to evolve, VivoPower's strategy could set a precedent for how companies manage digital assets, making it a noteworthy development in the financial landscape.

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.

Circle and Kraken have announced a groundbreaking partnership that is set to revolutionize the stablecoin market. This collaboration aims to enhance the usability and accessibility of USDC, making it a more attractive option for users and businesses alike. The significance of this partnership lies in its potential to drive innovation in the cryptocurrency space, providing users with more reliable and efficient financial solutions.

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.

Dogecoin has recently experienced a significant drop of 13%, largely attributed to a selling spree by major holders, known as whales, who have offloaded $181 million worth of DOGE. This trend, highlighted by analyst Ali Martinez, indicates that these whales have reduced their holdings by 680 million tokens, which has contributed to the decline from its recent high of $0.307. This situation is crucial for investors to monitor, as it reflects the shifting dynamics in the cryptocurrency market and could impact future price movements.

Bullish, a digital asset platform listed on the NYSE, has just secured the coveted BitLicense from New York regulators, allowing it to operate legally in one of the toughest crypto markets. This is a significant milestone for the company, as it opens up new opportunities for growth and customer engagement in a highly regulated environment. The BitLicense is essential for any crypto business looking to thrive in New York, and Bullish's success in obtaining it reflects its commitment to compliance and innovation.

The SEC's approval of new generic listing standards for spot crypto ETFs is a significant step forward for the cryptocurrency market. This change will enable exchanges to expedite the approval process for these investment products, potentially leading to a surge in crypto ETF launches. This is important because it could enhance market accessibility for investors and further legitimize cryptocurrencies in the financial landscape.

DBS Bank is making significant strides in the digital finance space by partnering with Franklin Templeton and Ripple to launch a tokenized money market fund and stablecoin on its Digital Exchange. This collaboration not only enhances DBS's offerings in digital assets but also reflects a growing trend in the financial industry towards embracing innovative technologies. By venturing into tokenized finance, DBS is positioning itself as a leader in the evolving landscape of digital investments, which could attract more investors looking for modern financial solutions.

Little Pepe is making waves in the ongoing $3.9 trillion crypto bull run, attracting significant attention as it raises over $25 million. This surge is fueled by both retail investors and large holders, known as whales, who are rallying behind its meme-inspired momentum. The excitement around Little Pepe highlights the growing influence of meme culture in the cryptocurrency space, showcasing how community-driven projects can capture the market's interest and drive substantial investment.

Ripple, Franklin Templeton, and DBS are joining forces to offer innovative token lending and trading services. This collaboration is significant as it highlights the growing acceptance of digital assets in traditional finance, providing new opportunities for investors and enhancing liquidity in the market.