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Showing posts with the label crypto adoption

XRP ETF Approval Odds On Polymarket Surge To 70% After Ripple Token Soars 44% In A Week

The odds on the approval of an XRP ETF surged to 70% on Polymarket after the Ripple token surge 44% over the past week. XRP has been rising steadily since Donald Trump’s win in the US elections. The token is closing on its all-time high of $3.84, set seven years ago, and stands at $3.24 as of 11.21 a.m. EST. The token’s rise, supported by the growing enthusiasm for cryptocurrency under the incoming Trump administration, increased the odds of XRP ETF approval to 70%. Let’s find out if the Ripple price rally will continue and if its ETF finally receives approval.  Polymarket Odds for XRP ETF Approval Hit 70% – What’s Next? With a Polymarket indication of a 70% probability, XRP ETF odds for approval in the US could be expected to happen soon. As soon as the Bitcoin ETFs were launched, crypto investors and influencers started speculating on the possible approval of XRP ETFs. The optimism surged even more around the Ethereum ETF launch, fueled by its ...

Chainlink soars after DTCC completes major pilot; Bitbot readies for market entry

Chainlink price rose more than 20% in 24 hours, reaching $16.62 at the time of writing on Friday. LINK surged as the Depository Trust and Clearing Corporation (DTCC) announced it completed its Smart NAV pilot. Bitbot, Telegram’s pioneering non-custodial crypto trading bot, continues to surge in presale. Chainlink and the Depository Trust and Clearing Corporation (DTCC) have announced a successful pilot for the fund tokenization market.  The news saw Chainlink’s native token LINK soar more than 20% in 24 hours to lead the top altcoins. Meanwhile, the Bitbot presale is creating waves as the ICO nears its penultimate stage. Chainlink, DTCC complete Smart NAV pilot The Depository Trust and Clearing Corporation (DTCC) announced on Thursday that it had successfully complete d a pilot program dubbed “Smart NAV”.  Smart NAV is an initiative that aims at a standardized method of delivering funds’ Net Asset Value (NAV) onchai...