Wednesday, July 30, 2025
No Result
View All Result
Coin Digest Daily
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations
No Result
View All Result
Coin Digest Daily
No Result
View All Result

Ripple CEO Brad Garlinghouse Dispels Circle Acquisition Rumors | Bitcoinist.com

4 June 2025
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on Twitter


Trusted Editorial content material, reviewed by main trade consultants and seasoned editors. Advert Disclosure

In a Tuesday submit on social media website X (previously Twitter), Georgetown Regulation professor Chris Brummer shared insights from a dialog with Brad Garlinghouse, the CEO of Ripple, shedding gentle on the blockchain cost agency’s strategic route and key initiatives. 

Garlinghouse Denies Pursuing Circle Acquisition

Throughout their alternate, Garlinghouse made a agency assertion asserting that Ripple had not actively pursued an acquisition of Circle, the issuer of the market’s second largest stablecoin by buying and selling quantity, USDC. 

Whereas nuances within the dialogue hinted at potential various worth factors for a potential provide, Garlinghouse’s major message remained clear: Ripple was targeted by itself trajectory and never contemplating acquisitions, regardless of Ripple’s current acquisition of Hidden Highway pointing in direction of broader ambitions.

The acquisition of Hidden Highway by Ripple was framed as greater than a mere transaction. Ripple is positioning its RLUSD stablecoin as collateral on its ledger, reflecting a strategic transfer in direction of solidifying its infrastructure. 

Garlinghouse additionally mentioned Ripple’s engagement with the United Arab Emirates (UAE) relating to tokenized actual property, illustrating a tangible shift in sure areas the place tokenization is evolving from principle to sensible implementation, significantly inside premium asset courses.

Ripple Charts New Course

In keeping with Brummer, Garlinghouse’s imaginative and prescient for Ripple appeared to transcend a easy substitute of conventional finance with crypto. As a substitute, the agency seems to be positioning itself on the forefront of a hybridized monetary panorama, the place tokenized property, stablecoins, and conventional monetary establishments coexist and work together. 

This strategic positioning suggests a future the place acquisitions lengthen past typical entities to embody prime brokerages, fiat on-ramps, and cost processors, bridging the hole between the previous and the brand new within the monetary realm.

In the meantime, in a parallel growth, Circle, the issuer of the widely-used USDC stablecoin, introduced an upward revision within the worth vary for its upcoming preliminary public providing (IPO). 

The adjusted vary of $27 to $28 per share, up from the preliminary $24 to $26, alerts Circle’s confidence in investor urge for food, regulatory traits, and its personal standing inside the stablecoin market. 

On the higher finish of this revised vary, Circle stands to lift roughly $896 million, propelling its valuation to a considerable $7.2 billion, reflecting a bullish outlook on the way forward for the corporate amidst a dynamic cryptocurrency panorama.

Ripple
The every day chart exhibits XRP’s worth restoration over the previous few days. Supply: XRPUSDT on TradingView.com

On the time of writing, XRP, the token related to Ripple Labs, is buying and selling at $2.24. It has consolidated between this degree and $2.1 for the previous week whereas being unable to search out the catalyst wanted to ship the token close to the $3 mark for the primary time in 4 months.

In comparison with Bitcoin’s newest uptrend, which noticed it attain a brand new all-time excessive, this lagging worth motion leaves the XRP worth over 33% beneath its file worth of $3.40, based on CoinGecko information.

Featured picture from DALL-E, chart from TradingView.com 

Editorial Course of for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent overview by our crew of prime know-how consultants and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.



Source link

Tags: AcquisitionBitcoinist.comBradCEOCircleDispelsGarlinghouseRipplerumors
Previous Post

Japan Pushes for Cashless Payment as it Tries to Catch up with the Rest of Asia

Next Post

Can Blockchain Operate in Space? Exploring Satellite-Based Systems

Related Posts

Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B
Bitcoin

Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

30 July 2025
Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens
Bitcoin

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

30 July 2025
Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO
Bitcoin

Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

30 July 2025
Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture    – Defi Bitcoin News
Bitcoin

Redstone Debuts Oracle for Instant DeFi Liquidations and MEV Capture    – Defi Bitcoin News

29 July 2025
Claynosaurz Hires David Horvath As NFT Brand Manager, Asia
Bitcoin

Claynosaurz Hires David Horvath As NFT Brand Manager, Asia

30 July 2025
XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper
Bitcoin

XRP to Replace the US Dollar? Wild Prediction Could Hype Bitcoin Hyper

29 July 2025
Next Post
Can Blockchain Operate in Space? Exploring Satellite-Based Systems

Can Blockchain Operate in Space? Exploring Satellite-Based Systems

NFC Summit 2025 Kicks Off in Lisbon: Here’s What to Expect

NFC Summit 2025 Kicks Off in Lisbon: Here’s What to Expect

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
BNB Price Gears Up for Upside Break — Will Bulls Deliver?

BNB Price Gears Up for Upside Break — Will Bulls Deliver?

8 July 2025
Something Big Is Coming For XRP On July 9—Why It Matters

Something Big Is Coming For XRP On July 9—Why It Matters

8 July 2025
XRP could rally higher on steady capital inflow; check forecast

XRP could rally higher on steady capital inflow; check forecast

8 July 2025
10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

10 Most Popular Bitcoin Mining Apps for Android & iOS in 2025 | Earn Crypto Fast

24 May 2025
Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

Ethereum Price Drops After Bullish Attempt — Support Area Under Pressure

2 July 2025
Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

Live Best Meme Coins Updates Today: TOKEN6900 Presale Begins with Promises of 1000x, SEC Approves First-Ever ETF with Bitcoin, Ethereum, XRP, and More…

2 July 2025
XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?

XRP Price Starts Recovery Move – Will It Lead to a Bullish Reversal?

30 July 2025
Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

Ethereum Leads Futures Rebound As Top Altcoin OI Nears $45B

30 July 2025
Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion – Featured Bitcoin News

Bakkt Launches $75M Offering to Fund Bitcoin Purchases and Crypto Expansion – Featured Bitcoin News

30 July 2025
‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

‘Altseason for TradFi’ Underway As Investors Look To Rotate Profits Into Riskier Bets: Bitwise CIO Matt Hougan – The Daily Hodl

30 July 2025
Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens

30 July 2025
Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

Uprise Teams Up with HoneyBook to Bring Tax Planning to Small Business Owners – Finovate

30 July 2025
Facebook Twitter Instagram Youtube RSS
Coin Digest Daily

Stay ahead in the world of cryptocurrencies with Coin Digest Daily. Your daily dose of insightful news, market trends, and expert analyses. Empowering you to make informed decisions in the ever-evolving blockchain space.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Web3

SITEMAP

  • About us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • General
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • Metaverse
  • Web3
  • DeFi
  • Analysis
  • Scam Alert
  • Regulations

Copyright © 2024 Coin Digest Daily.
Coin Digest Daily is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)$118,061.00-0.78%
  • ethereumEthereum(ETH)$3,805.30-1.75%
  • rippleXRP(XRP)$3.12-1.83%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$801.13-3.42%
  • solanaSolana(SOL)$180.29-3.00%
  • usd-coinUSDC(USDC)$1.000.00%
  • staked-etherLido Staked Ether(STETH)$3,797.59-1.83%
  • dogecoinDogecoin(DOGE)$0.221413-4.17%
  • tronTRON(TRX)$0.3347841.44%