CryptoGlobe

Boba Network integrates Nucleus protocol for seamless access to Ethereum mainnet functionalities, DeFi protocols, gaming platforms, and NFT marketplaces, aligning with their scalability and user-focus goals.

XRP recovers from a correction and rises by 3.5% in 24 hours to trade at $3.19. Analysts predict XRP could reach $4.4 but the cryptocurrency market remains volatile.

XRP's value has fallen by almost 5% in 24 hours, and its market cap has lost $20bn amid a slight cryptocurrency downturn. Its market cap had briefly overtaken that of Goldman Sachs. The drop comes after rumours that the cryptocurrency was to be the subject of futures contracts from the Chicago Mercantile Exchange (CME), denying that it had decided to list XRP futures. The CME arrest reportedly led to XRP's value falling more than other major assets, and marks a departure from the cryptocurrency's late-2017 surge due to an optimistic stance by market experts on President-elect Donald Trump's planned regulatory policies.

Miami-based REX Shares plans to offer a suite of ETFs including those tracking major memecoins DOGE, BONK, and TRUMP, as well as established cryptos bitcoin, ether and solana. The move follows the SEC's shift under new interim Chair Mark Uyeda, who has criticised the regulator's enforcement approach towards crypto as "poorly conceived". REX has previous experience in ETFs tied to the crypto space via Osprey Funds, which manages leveraged BTC, ETH and MicroStrategy funds.

XRP's price has broken out of a bullish flag and could surge by 42% according to cryptocurrency analyst Ali Martinez. XRP's market cap briefly surpassed that of Goldman Sachs, reaching $193.5bn. Factors contributing to XRP's surge include a recent JPMorgan report highlighting the potential for a spot ETF to attract billions of dollars in investor funds and a more favourable regulatory environment under President-elect Donald Trump's administration. Several firms including WisdomTree and Bitwise have already filed for spot XRP ETFs.

XRP whale transactions have spiked as large token holders are preparing for profit realisation, following a more than 40% year-to-date leap in cryptocurrency pricing. The surge in XRP's price performance comes amid expectations of a more favourable regulatory environment and the potential creation of a spot exchange-traded fund. The latter is considered "inevitable" by Ripple's CEO Brad Garlinghouse.

Zurich, Switzerland, January 19th, 2025, Chainwire
Hyperbridge Extends Token Offering Deadline, Token Generation Event Set for Q1 2025
Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relayer Offering (IRO) deadline to

Grand Cayman, Cayman Islands, January 17th, 2025, Chainwire
Reppo Labs, a Crypto x AI company spun out of Protocol Labs Venture Studio in March 2024, has successfully raised $2.2 million in funding to develop critical infrastructure that enables permissionless collaboration on niche datasets

New York, USA, January 17th, 2025, Chainwire
With $12.5M total funding, Tapestry’s platform combines AI-powered creation with blockchain-based social infrastructure
Tapestry, a social infrastructure protocol for the Solana ecosystem, today announced its $5.75 million Series A funding round

XRP's market cap has grown to $193bn following an increase of over 44.5% this year, outperforming the wider cryptocurrency market. The rise was due to positive regulatory sentiment under the Trump administration and speculation over a spot exchange-traded fund that could offer exposure to XRP. JPMorgan's report on the fund has increased investor confidence in the token, which has seen it overtake Goldman Sachs in terms of market capitalisation.

Jersey-based crypto custody firm Komainu is set to receive a $75m investment from Bitcoin-focused infrastructure company, Blockstream, via BTC. Komainu, which is backed by Japanese financial services firm Nomura, will use the funding for international expansion and to adopt Blockstream's technologies. The investment will also allow the company to set up a BTC treasury.

XRP's price has surpassed $3, a seven-year high for the cryptocurrency, as speculation around the potential launch of a spot ETF could draw in billions of dollars for XRP. As the native token of the XRP Ledger crosses this key mark, it has outperformed other cryptocurrencies in the market, including Bitcoin and Ethereum, by an impressive margin. Investors are optimistic about the trajectory of XRP, especially given President-elect Donald Trump's pro-crypto stance and the appointment of Paul Atkins as the head of the SEC, whom they consider a crypto-friendly figure.

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XRP's native token has risen by over 6% in the past 24 hours, outperforming other major cryptocurrencies. This is due to a recent report from JPMorgan suggesting that a spot exchange-traded fund offering exposure to the cryptocurrency could attract billions of dollars in investment. Investors are optimistic about the potential launch of such an ETF and XRP's price rose as a result, reaching a high of $2.89 before returning to $2.745. The appointment of Paul Atkins as head of the SEC is seen as a positive development for the cryptocurrency market.  

XRP's native token has a bullish setup in crypto after retesting a potential breakout zone, with analysts expecting a major bullish move. It's currently trading at $2.57, having surged over 8.6% over the past 24 hours, outperforming most major digital assets. According to veteran trader Peter Brandt, a bullish flag formation could soon be completed for XRP that could take it to a market cap of $500bn. Trump's pro-crypto stance has seen a number of companies file for spot XRP ETFs, with Ripple's CEO suggesting that such funds are "just inevitable".