Crypto Compass: Ripple, Bitcoin & Co. on Growth Track

The world of cryptocurrencies continues to be in motion. Ripple sets a strong example with generosity: through "The Giving Block," the company donated XRP worth USD 100,000 to the victims of the fires in California. In parallel, a donation in Ripple's brand-new stablecoin, RLUSD, was announced in cooperation with the payment service provider Moonpay. For the first time, a US politician also invested in the cryptocurrency XRP. Guy Reschenthaler, a Republican Congressman from Pennsylvania, purchased XRP along with Bitcoin and Solana. This shows the growing interest even at the political level. JPMorgan predicts that, with the approval of ETFs for XRP and Solana in the US, capital inflows of up to USD 14 billion are possible, which would represent a significant portion of their market capitalizations. Solana currently stands at USD 90.5 billion, while the market value of XRP is USD 146.5 billion. Additionally, Charles Hoskinson, the founder of Cardano, confirmed talks with Ripple about integrating the RLUSD stablecoin into Cardano's DeFi ecosystem. A move that could mean promising growth for both sides. Peter Brandt, an experienced crypto trader, also shows a more reconciliatory attitude towards XRP and advises caution with large price losses. Aside from that, Robinhood had to accept a settlement with the SEC for USD 45 million due to trading spreads and security deficiencies, despite a volume of USD 14.4 billion in the third quarter. Another milestone: Italy's largest bank is entering the market with an investment of USD 1 million in Bitcoin, securing 11 BTC, which revitalizes the European crypto market once again. Globally, the TON-Blockchain plans an expansion into the US under new management and aims to benefit from the anticipated crypto-friendly measures of the future Trump administration. Analysts are already speculating about the emergence of a "Golden Age of Crypto" in the US. Please let us know if we have missed any important news - we are eager for your comments!