Market Outlook

Officials at multiple government departments are increasing efforts to better understand any possible threat posed to the U.S. dollar by China's digital yuan.

The token used in Ripple Labs' payment network has climbed sixfold this year as some traders look through the SEC case and analysts see bullish patterns in price charts.

Cash and carry traders seek to profit from the spread between bitcoin's price in futures and spot markets.

The price action comes just ahead of a highly anticipated Nasdaq listing for leading U.S. crypto exchange Coinbase.

Krpytoin also filed for a bitcoin ETF on Friday.

The wide range shows the extreme uncertainty and risk of investing in the fast-moving cryptocurrency industry.

XRP has rallied by over 50% so far this week, for a market value of $37 billion.

The custody bank would provide ETF basket operations, order taking, fund accounting, fund administration and transfer agency services.

The investment firm said Coinbase could deliver “healthy margins” despite bitcoin's volatility.

Ripple is hoping to find evidence the regulator defined XRP as being similar to bitcoin and ether.

The XRP token's price continues to draw support from a community of loyal and devoted cryptocurrency traders.

The native token of decentralized oracle network Chainlink fills the void left in the fund after the removal of XRP.