The cryptocurrency market plunged into extreme fear on Thursday as XRP led a brutal sell-off, dropping 15% in 24 hours and hitting its lowest price since November 2024. The collapse has inflicted a staggering $446 million unrealized loss on institutional investor Evernorth’s massive XRP holdings and triggered over $1.4 billion in liquidations across digital asset markets, signaling a profound shift in investor sentiment from greed to panic.
about XRP Plunges 15%, Evernorth Faces $446M Loss Amid Crypto RoutRipple Labs
0 in Finance and 1 in Crypto last weekGemini AI Picks XRP as Top Crypto Performer Under Trump Term
In a speculative analysis that underscores the profound impact of political shifts on digital assets, the Gemini AI model has identified XRP as the cryptocurrency with the highest potential percentage return through the end of Donald Trump’s presidency. This contrarian pick, emerging against a backdrop of broad market declines since Trump’s inauguration, hinges on a single transformative factor: the systematic dismantling of regulatory barriers that have long suppressed the token’s price. The AI’s assessment, while speculative, frames a new investment thesis where regulatory winds, not just technological fundamentals, dictate the next cycle of crypto winners and losers.
about Gemini AI Picks XRP as Top Crypto Performer Under Trump TermCrypto Rewards Debate: Banks vs. Stablecoins & China’s Digital Yuan
A high-stakes regulatory clash over cryptocurrency rewards is unfolding in the U.S. Senate, with Coinbase’s top policy executive warning that proposed restrictions could undermine the dollar’s global standing. As lawmakers debate the CLARITY Act, a fierce battle centers on protecting the GENIUS Act’s stablecoin provisions, which banks are lobbying to curtail. Critics argue this opposition is less about financial stability and more about shielding nearly $400 billion in annual revenue from new competition, a move that could inadvertently accelerate China’s digital yuan ambitions.
about Crypto Rewards Debate: Banks vs. Stablecoins & China's Digital YuanStandard Chartered Forecasts XRP Surge to $8 on ETF Inflows & Regulatory Clarity
Despite trading nearly 50% below its July 2025 peak, XRP is positioned for a major rally, according to Standard Chartered. The bank forecasts that the dual catalysts of spot ETF inflows and resolved regulatory uncertainty could propel the fifth-largest cryptocurrency to $8 by 2026 and potentially $12.50 by 2028, marking a significant turnaround from its current price just under $1.90.
about Standard Chartered Forecasts XRP Surge to $8 on ETF Inflows & Regulatory ClaritySEC Ends Aave Investigation, Signaling Crypto Regulatory Shift
The U.S. Securities and Exchange Commission has closed its four-year investigation into the decentralized finance protocol Aave, a decision hailed by its founder as a victory for DeFi innovation. This pivotal closure coincides with a documented broader shift in regulatory posture, with the SEC reportedly easing enforcement actions in over 60% of ongoing cryptocurrency cases since the current administration took office, signaling what new leadership calls a “new day” for the industry.
about SEC Ends Aave Investigation, Signaling Crypto Regulatory ShiftRipple Expands RLUSD Stablecoin to Ethereum Layer-2 Blockchains
Ripple Labs is strategically advancing its stablecoin ambitions by piloting its US dollar-backed RLUSD on multiple Ethereum layer-2 networks. This expansion, conducted in partnership with cross-chain protocol Wormhole, marks a critical phase in testing scalability and interoperability across Optimism, Base, Ink, and Unichain. The move follows RLUSD’s initial 2024 launch on the XRP Ledger and Ethereum, positioning the stablecoin for a broader, regulatory-approved rollout targeted for next year.
about Ripple Expands RLUSD Stablecoin to Ethereum Layer-2 BlockchainsRipple Expands in Singapore with MAS Payment License Approval
Ripple Labs has achieved a significant regulatory milestone in Asia, receiving approval from Singapore’s central bank to expand its payment activities through its local subsidiary. This development strengthens Ripple’s position as it aggressively pursues growth in institutional-focused crypto services, a strategy underscored by recent strategic acquisitions including crypto custody firm Palisade.
about Ripple Expands in Singapore with MAS Payment License ApprovalXRP ETF Debuts with $36M Volume, Challenges 2025 Record
Canary Capital’s spot XRP ETF generated $36 million in trading volume within its first three hours of trading on November 13, positioning it as a potential record-breaker for 2025 ETF launches. The strong debut significantly exceeded analyst expectations and challenged Bitwise’s Solana ETF benchmark, while carrying profound regulatory implications following the recent SEC settlement with Ripple Labs.
about XRP ETF Debuts with $36M Volume, Challenges 2025 RecordBelgium Declares Bitcoin, Ethereum Not Securities
Belgium’s Financial Services and Markets Authority (FSMA) has delivered a landmark ruling that Bitcoin and Ethereum do not qualify as securities under Belgian law, providing crucial regulatory clarity for the crypto industry. The decision represents a significant victory for cryptocurrency stakeholders while maintaining that other regulations may still apply to digital assets with payment or exchange functions, positioning Belgium as taking a progressive stance in European crypto regulation ahead of the upcoming Markets in Crypto Assets Regulation (MiCA).
about Belgium Declares Bitcoin, Ethereum Not SecuritiesRipple-SEC Settlement Reshapes XRP Ecosystem
The landmark settlement between Ripple and the SEC has ended one of crypto’s longest regulatory battles, providing crucial clarity for XRP’s legal status. This resolution is already boosting confidence across the XRP ecosystem, particularly for compliant DeFi projects like XRP Tundra. The regulatory certainty marks a turning point for digital asset development in the United States.
about Ripple-SEC Settlement Reshapes XRP EcosystemCrypto Weekly: Trump Pardons CZ, Ethereum Upgrade, DeFi Shifts
This week brought seismic shifts across cryptocurrency markets and regulation. President Trump’s pardon of Binance founder Changpeng Zhao signals a friendlier regulatory stance, while Ethereum’s Fusaka upgrade enters final testing ahead of its December deployment. The cryptocurrency landscape is experiencing unprecedented transformation as regulatory developments, technological advancements, and market infrastructure expansions converge to reshape the industry’s future trajectory.
about Crypto Weekly: Trump Pardons CZ, Ethereum Upgrade, DeFi ShiftsEvernorth Raises $1B for Institutional XRP Treasury
Evernorth Holdings has launched through a landmark SPAC merger with Armada Acquisition Corp II, creating a regulated bridge for institutional XRP exposure. The company plans to raise over $1 billion from major investors including SBI, Ripple Labs, and Pantera Capital to establish a massive XRP treasury while pursuing active yield generation strategies. This represents a significant evolution in bringing cryptocurrency to traditional financial markets through Nasdaq listing.
about Evernorth Raises $1B for Institutional XRP Treasury