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Ripple / US Dollar

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Cryptocurrency Ripple / US Dollar

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Digital asset investment products saw a significant inflow of $2.2 billion last week, driven by optimism over a potential Republican victory in the U.S. presidential election. Bitcoin was the main beneficiary, with $2.13 billion in inflows. The U.S. accounted for the majority of these inflows, while other regions saw minor outflows. The upcoming U.S. elections are expected to be crucial for regulatory clarity in the cryptocurrency market.

Portfolio Pulse from Murtuza Merchant

October 21, 2024 | 3:29 pm

Coinbase CEO Brian Armstrong and Elon Musk have endorsed John Deaton, a pro-cryptocurrency candidate, in the Massachusetts Senate race against Elizabeth Warren. Armstrong criticized Warren's anti-crypto stance, while Musk's endorsement aligns with his political views.

Portfolio Pulse from Aniket Verma

October 21, 2024 | 11:01 am

Jameson Lopp, a Bitcoin advocate, expressed his expectations from pro-crypto Senate candidate John Deaton, who is running against Sen. Elizabeth Warren. Lopp hopes Deaton will not impose regulatory enforcement on the crypto industry, unlike Warren, who has been critical of cryptocurrencies.

Portfolio Pulse from Aniket Verma

October 17, 2024 | 10:33 am

The cryptocurrency industry is significantly influencing the 2024 U.S. election cycle by contributing large sums to both Republican and Democratic candidates. Crypto-linked PACs and donors have raised substantial funds, with notable contributions from industry leaders like David Bailey and Chris Larsen. The industry's strategy focuses on supporting candidates favorable to crypto interests without making cryptocurrency a central campaign issue.

Portfolio Pulse from Ivan Crnogatić

October 16, 2024 | 1:32 pm

Sen. Elizabeth Warren and her Republican challenger John Deaton clashed over cryptocurrencies in a debate. Warren accused Deaton of being funded by the crypto industry, while Deaton countered by highlighting his regulatory challenges. Deaton is known for supporting Ripple Labs in its legal battle with the SEC.

Portfolio Pulse from Aniket Verma

October 16, 2024 | 6:23 am

Litecoin surged over 7% after Canary Capital filed for a spot ETF tracking its price, marking it as the market's biggest gainer. The filing has increased trading volume by 149%, pushing Litecoin to its highest value in two and a half months.

Portfolio Pulse from Aniket Verma

October 16, 2024 | 4:19 am

XRP's price increased by 4.14% in the last 24 hours, continuing a positive trend with a 1.0% gain over the past week. Despite a 5.0% decrease in trading volume, the circulating supply rose by 0.16%. XRP's market cap is ranked #7 at $31.01 billion.

Portfolio Pulse from Benzinga Insights

October 14, 2024 | 7:01 pm

Ripple co-founder Chris Larsen donated $1 million in XRP to Kamala Harris' campaign, amidst Ripple's ongoing legal issues with the SEC. This donation is part of Larsen's $1.9 million total support for Harris. The campaign is also exploring cryptocurrency donations.

Portfolio Pulse from Khyathi Dalal

October 11, 2024 | 7:22 pm

The SEC is facing internal discord over its cryptocurrency policy, with Commissioner Mark Uyeda criticizing it as a 'disaster' for assets like Bitcoin, Ethereum, and Dogecoin. Despite criticism, Chairman Gary Gensler remains firm on the policy, which has led to lawsuits against major crypto firms like Crypto.com.

Portfolio Pulse from Aniket Verma

October 11, 2024 | 9:08 am

Canary Capital has filed a registration statement with the SEC for an XRP ETF, marking the second such filing this month. This follows Bitwise Asset Management's similar filing, amidst ongoing legal battles between the SEC and Ripple Labs over XRP's status as a security.

Portfolio Pulse from Aniket Verma

October 09, 2024 | 6:12 am

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