As the SEC vs Ripple farce limps to an endâcue Ripple coughing up a modest $50 millionâthe XRP ETF hullabaloo is back! In a recent Bloomberg tĂȘte-Ă -tĂȘte, Rippleâs CEO Brad Garlinghouse danced around the idea of tackling the exchange-traded fund market with none other than BlackRock, the financial equivalent of Godzilla. While admirably coy, Garlinghouse almost winked at the audience: âWe think it makes sense.â Suspenseful, isnât it? Meanwhile, XRP prices are pretending nothing’s happening. Who knew coins could ghost us? đ
Are Ripple and BlackRock âFriends with Benefitsâ? đ”ïžââïž
When asked in Bloombergâs very serious and no-laughs-allowed interview whether Ripple was cozying up to BlackRock, Garlinghouse masterfully avoided spilling any beans but hinted just enough to make conspiracy theorists across Reddit salivate. He said, âWe think it makes sense for the XRP community overallââwhich, letâs face it, might as well mean, “Yes, but legal told me to zip it.”đ€
Rumors suggest BlackRock could file for this elusive XRP ETF by 2025. The blockchain world practically shrieks in excitement at the idea. Many think that once Ripple kicks the last annoying SEC pebble away, asset managers will fall over themselves to launch that celebrated ETF. Think of it as a digital arms raceâonly with crypto and less Cold War drama. Even Kris Marszalek of Crypto.com fame chimed in, forecasting a dazzling $8 billion flowing right into XRP. Modest estimate, weâre sure! đ°
Ripple and the SEC Break Up (Finally!)
After years of legal back-and-forth that felt messier than your last breakup, Ripple and the SEC are calling it quits. Ripple shelled out their final vengeance bonusâa cool $50 millionâand the SEC decided refunds were a good look, sending back $75 million. Weâre really starting to wonder: Does anyone even know what this lawsuit was about anymore? Bygone are the days of $125 million penalties; these two frenemies are now simply parting ways âconsciously uncoupledâ like Gwyneth and Chris. đ
Apparently, under its new leadership, the SEC has decided that chasing down crypto execs isnât as fun as making new rules. What a time to be aliveâand regulated! đ
XRP to $3? Or Just Dreamland? đ€
Here comes the good bit: XRPâs price is teasing those $2.50 levels… and failing spectacularly. As if to troll us all, market analysts still naively expect it to shoot up to $3, $15, and maybe even the moon. Havenât we heard this crypto bedtime story before? Anyway, the ever-bullish Seyma, famed crypto trader and possibly psychic, declared that her weekly target ranges somewhere between $3 and $3.24. Before you grab your wallet, though, she was quick to caveat: âThis is just my own note to myself.â Thanks for the insight, Seyma. đ€·ââïžđ€Šââïž
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2025-03-26 07:19