Key Points XRP was created by Ripple to standardize transactions within the company's payments network. XRP recently hit a new record high as Ripple and the Securities and Exchange Commission (SEC) agreed to settle their five-year legal battle. The SEC is in the spotlight once again, as investors eagerly await the potential approval of the first spot XRP exchange-traded fund. 10 stocks we like better than XRP › XRP (CRYPTO: XRP) is the world's third-largest cryptocurrency, and unlike many of its ...

Market Trends & Cryptocurrency Performance - Bitcoin price decreased nearly 2% to $112,186, after falling to $110,000 level over the weekend [2] - Ether price fell under 4% to $4,600, after rising to a fresh record yesterday of $4,95481% [2] - Bitcoin and Ether erased gains from Friday after Jay Powell hinted at upcoming rate cuts [1][3] - Ether has been leading the crypto market for several weeks due to regulatory tailwinds and a boom in interest in tokenization [4] New Products & Services - Gemini launches an XRP credit card, allowing customers to earn up to 4% back in XRP on fuel, EV charging, and ride share purchases [1][5] - Gemini is expanding access to Ripple's stable coin, RLUSD, as a base currency for all spot trading pairs for US users [6] - Gayscale is moving forward with plans to convert its Avalanche Trust into a spot ETF [7] - Wyoming is launching its own US dollar-backed stable coin called the Frontier Stable token [14] Wyoming as a Crypto Hub - Wyoming has enacted more than 50 crypto-specific laws [9] - Approximately 5,000 companies have domiciled in Wyoming to take advantage of its digital asset laws [13] - Crypto exchange Kraken has moved its headquarters to Cheyenne [16] - Wyoming saw a more than 65% drop in inflation-adjusted tech wages over the last decade [20]