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The crypto community is confident that a spot XRP ETF will be approved someday. However, Ripple CEO Brad Garlinghouse has yet to confirm any plans for such a product. Still, he hopes that cryptocurrencies will become more popular and mainstream. Meanwhile, there’s growing interest in Dogecoin and Borroe Finance (ROE) as both digital assets show growth potential.
XRP’s ETF speculation
The recent approval of a spot Bitcoin ETF by the U.S. SEC has led to increased speculation about the potential for other cryptocurrency ETFs, including XRP.
When asked about the potential for an XRP ETF, Garlinghouse responded with a non-committal answer. He did not provide a definitive response but said “there will be other ETFs for sure.”
Despite the CNBC host’s persistence in seeking a clear answer, Garlinghouse remained cautious and did not provide a definitive response.
This approach has generated curiosity among crypto enthusiasts, leaving the door open for speculative discussions.
However, the XRP community continues to monitor any developments or hints regarding the potential for an XRP ETF, reflecting the evolving attitudes of major financial players towards digital currencies.
Dogecoin rallying
Skew, a crypto analytics platform, recently explored potential catalysts for a sustained uptrend in Dogecoin (DOGE) prices, incorporating technical and speculative market dynamics.
The platform connects the recent surge in DOGE’s price to the creation of the XPayments account, sparking speculation about possible integration with X (formerly Twitter).
While acknowledging the positive momentum, Skew emphasizes the importance of DOGE regaining specific critical levels to sustain an upward trend.
The analyst underscores the significance of aligning the DOGE price trend with 4-hour Exponential Moving Averages (EMAs) and maintaining a Relative Strength Index (RSI) consistently above 50. Skew stresses that sustained trends in these indicators are essential for a genuine uptrend.
Analyzin
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Author: Guest Post