Latest news with #Webus
Time of India
18-07-2025
- Business
- Time of India
XRP jumps nearly 7% today as U.S. crypto bills pass and corporates add $421M—will Trump-era momentum drive it to $10 next? Here's the new prediction
XRP is trading at $3.49 , up $0.22 (+6.73%) in the last 24 hours, as the crypto market reacts to a flurry of bullish catalysts—from major U.S. legislative breakthroughs to massive whale accumulation and corporate adoption. Ripple's XRP officially shattered its previous 2018 record today, climbing above $3.60 for the first time in over six years. With no overhead resistance left, XRP has now entered price discovery , backed by a rare convergence of bullish fundamentals, legal clarity, and whale accumulation. Explore courses from Top Institutes in Select a Course Category Others Design Thinking Degree Healthcare MBA Data Science Digital Marketing Data Analytics Technology healthcare CXO Product Management Data Science Operations Management MCA Leadership Cybersecurity Finance Artificial Intelligence PGDM Management Public Policy others Project Management Skills you'll gain: Duration: 9 months IIM Lucknow SEPO - IIML CHRO India Starts on undefined Get Details Skills you'll gain: Duration: 16 Weeks Indian School of Business CERT-ISB Transforming HR with Analytics & AI India Starts on undefined Get Details Skills you'll gain: Duration: 7 Months S P Jain Institute of Management and Research CERT-SPJIMR Exec Cert Prog in AI for Biz India Starts on undefined Get Details Skills you'll gain: Duration: 28 Weeks MICA CERT-MICA SBMPR Async India Starts on undefined Get Details The U.S. House just passed three major crypto bills: by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play this game for 1 minute and see why everyone is addicted. Undo The GENIUS Act , establishing a regulatory framework for stablecoins The CLARITY Act , drawing the line between securities and commodities The Anti-CBDC Act , aimed at preventing a U.S. government–issued central bank digital currency Each bill passed with strong bipartisan support, reflecting a growing pro-crypto stance in Washington. President Donald Trump is expected to sign the bills by executive order in the coming days, which could pave the way for further investment vehicles—such as XRP spot ETFs—and integration of crypto into 401(k) retirement plans. 'This is the most crypto-friendly legislative session in history,' said former CFTC Chairman Christopher Giancarlo. 'Tokens like XRP now have a clear lane in U.S. capital markets.' Corporate interest in XRP is booming Companies like VivoPower and Webus have reportedly committed to hold over $421 million worth of XRP in their treasuries. Their allocation reflects growing corporate confidence in XRP's use case for global payments and as a regulatory-friendly digital asset. Live Events Companies are beginning to follow the MicroStrategy playbook—but with XRP. VivoPower , a sustainable energy firm, has disclosed a plan to allocate $227M to XRP in 2025. Webus , a cloud logistics platform, has approved a $194M XRP allocation as part of its digital treasury diversification. These two firms alone represent over $421M in corporate XRP purchases , signaling growing institutional trust in Ripple's technology and XRP's legal clarity. In addition, Thumzup Media Corporation (Nasdaq: TZUP) has just approved a treasury strategy to invest up to $250 million across BTC, ETH, XRP, SOL, and DOGE. XRP is a top target . Whales stack 2.2 billion XRP amid rally On-chain data shows whale wallets (100M–1B XRP) have added a whopping 2.2 billion XRP , valued at $7.1 billion , in recent weeks. This accumulation has further fueled bullish momentum and helped drive the current breakout. XRP breaks 2018 high and enters price discovery XRP has officially surpassed its 2018 all-time high , briefly hitting $3.65 —its strongest price in over six years. The token has now entered price discovery , with no prior resistance zones ahead. Technical view: A strong breakout above the $3.40 resistance has activated further bullish energy. Analysts are now watching the $3.80–$4.00 range for the next ceiling. Longer-term forecasts are eyeing $4.80–$10 , especially if ETF speculation and regulatory progress continue. Price predictions: $5 by 2025? Analysts remain bullish: A Bitget strategist projects XRP could reach $5 by the end of 2025 , citing macro regulatory tailwinds and surging institutional demand. Some experts are even more optimistic, suggesting a $10+ target in the longer term if ETF products are approved and Ripple secures U.S. banking integration. Long & short-term price predictions Short-Term (July–August 2025) : $4.00 : Next psychological target. If broken, opens floodgates. $5.00 : Seen as realistic based on volume/market structure. Mid-Term (Q4 2025) : $5.50–$7.00 : If ETF applications move forward, this zone becomes likely. Trump's pro-crypto stance and executive orders could further fuel demand. Long-Term (2026–2027) : $8–$10+: Institutional adoption, Ripple's U.S. bank license (pending), and wider tokenization could push XRP into double digits. JP Morgan , Fidelity , and BlackRock are all rumored to be exploring tokenized payment rails —a sector Ripple is positioned to lead. What could slow it down? Senate delays : The bills passed the House, but Senate debate is still ongoing. Profit-taking risk : RSI is in overbought territory—temporary pullbacks to $3.20–$3.40 are possible. SEC uncertainty : The appeal in the Ripple case isn't officially withdrawn yet, although signals suggest it may be soon. XRP's breakout above $3.65 marks more than just a chart milestone—it's a signal of institutional validation, legislative tailwinds, and rising global adoption. With major corporations pouring in, whales scooping up billions, and Donald Trump poised to sign the most important crypto laws ever passed in the U.S., the stage is set for XRP to potentially lead the next leg of the bull market. If $4 is cleared with strong volume, $5 may not be far behind—and for long-term bulls, $10+ is back on the table. FAQs: What is XRP's current price and market status? As of now, XRP is trading at $3.48 , up 6.75% today. It briefly hit $3.65 , breaking past its 2018 high, with market momentum driven by institutional buying and favorable U.S. legislation. What is the current XRP price prediction? Analysts expect XRP could reach $4–$5 in the short term , and possibly $10 long-term , fueled by whale accumulation, corporate treasury interest, and Trump-era crypto support. What U.S. crypto legislation was passed today? The GENIUS Act (stablecoin regulation), CLARITY Act (security vs. commodity definitions), and the Anti-CBDC Act (blocking government digital currency rollout) passed with bipartisan support, boosting confidence in the U.S. crypto landscape.
Yahoo
11-06-2025
- Business
- Yahoo
XRP News: ETF Approval Odds Hit 92%, Nasdaq-Listed Webus Plans $300M Reserve, Whales Buying Frenzy Ensues
NEW YORK, June 11, 2025 (GLOBE NEWSWIRE) -- If you've been keeping an eye on XRP news lately, you know things are heating up fast. Institutional buyers are getting involved, whales are loading up, and now, the odds of a spot XRP ETF getting approved have soared past 90 is not a drill. Between rising price action, fresh SEC filings, and real-world adoption, XRP is making a serious case for a major breakout, and it's pulling in the kind of attention that usually signals something big is coming. Read on to find out more, plus details of the new PayFi project, Remittix. Institutional momentum is building behind XRP Source: Binance The buzz around XRP news has shifted from speculation to conviction. Just a few months ago, talk of an ETF approval felt like a long shot. Now, data shows approval odds climbing to 92 percent. That kind of confidence doesn't happen by accident. It's being driven by a real shift in sentiment, strong technical indicators, and institutional players finally stepping in. Webus commits to $300 million in XRP-backed reserves Nasdaq-listed Webus International is making waves by filing a plan with the SEC to allocate $300 million into XRP as a strategic reserve. But this is more than just token storage. Webus wants to use Ripple's tech to power its own cross-border transactions. This brings more credibility to XRP and demonstrates how blockchain is becoming a backbone for real business operations. It's not hype—it's infrastructure. Whale wallets are waking up fast Whales are not sitting on the sidelines either. Wallets holding between one and ten million XRP have scooped up over two billion tokens since late last year, according to Santiment. That's not retail trading. That's strategic accumulation from big holders who expect a significant payoff. And the best part? These wallets are holding, not dumping. It's a long-term commitment. XRP price trend is breaking out Source: CoinMarketCap The XRP price is reacting accordingly. Currently hovering around $2.21 and tapping $2.26 in recent sessions, it's up over 35 percent from earlier 2024 levels. Analysts are now eyeing a break above $3 if momentum continues. And if the ETF gets the green light, expect inflows to explode. Some predict $8 billion in institutional capital could flow in during the first year alone. Why the ETF matters more than you think An ETF is not just another financial product. It's a gateway for traditional capital to flow into crypto with confidence. It brings legitimacy. It attracts conservative money. And it signals to the market that XRP is ready for the big leagues. When XRP news hits mainstream finance, the next wave of interest won't just be from crypto Twitter; it'll come from Wall Street. Remittix shows how utility turns heads While XRP grabs headlines, Remittix is busy solving real problems. This payment platform lets users convert over 100 cryptocurrencies into fiat and send funds to global bank accounts instantly, all without needing to touch a crypto wallet. The system is simple, transparent, and business-friendly. The Remittix Pay API enables companies to accept cryptocurrency and settle in over 30 global fiat currencies. For many, this is crypto finally doing what banks struggle to do—move money fast, cheaply, and without friction. With over nearly $15.5 million raised in presale and growing user adoption, Remittix isn't just a token. It's a real tool for real people. Final thoughts From Webus building reserves to whale wallets stacking tokens, XRP is no longer just a speculative play. It is becoming a cornerstone of cross-border finance. The ETF approval odds hitting 92 percent mark a turning point. And with price trends turning bullish, now is the time to pay attention. Meanwhile, platforms like Remittix are showing how blockchain isn't just about price action; it's about practical value. That shift from hype to help is where the smart money is headed. Discover the future of PayFi with Remittix by checking out their presale here: Website: Socials: This media platform provides the content of this article on an "as-is" basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. CONTACT: Media details: Company: Remittix Website: Contact Person: Bowen Higgins Email Id: B_Higgins@ Address:22 Washington Square N, New York, NY 10011, USAError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-05-2025
- Business
- Yahoo
International Chauffeur Service Webus Plans $300M Raise for XRP Strategic Reserve
Webus International, a China-based provider of customizable car and touring services for travelers worldwide, said it plans to raise as much as $300 million through non-equity financing to establish an XRP XRP reserve supporting its global chauffeur payment network. The reserve is part of a broader push to integrate XRP's cross-border settlement capabilities into Webus's ecosystem, including on-chain booking records and a Web3-based loyalty program, the company said. The initiative aims to streamline international payments while preserving equity value by relying on loans, credit lines and shareholder guarantees rather than issuing new shares, CEO Nan Zheng said in the statement. The announcement follows Saudi Arabia-based VivoPower International's plans to build a $121 million XRP treasury, indicative of growing interest from companies in the fourth-largest token by market cap. The financing plan is non-binding and subject to final agreements and due diligence. Webus added it was renewing a partnership with Tongcheng Travel Holdings, one of China's largest online travel agencies, to extend their 'Wetour x Tongcheng' charter lines — stating they would aim to use the XRP Ledger to settle cross-border rides and driver payouts. Sign in to access your portfolio
