GMCI Launches Index to Track US-Based Crypto Protocols

February 1, 2025

Catenaa, Saturday, February 01, 2025-GMCI has introduced the USA Select Index, a benchmark tracking 13 US -based cryptocurrency protocols, including XRP, Solana (SOL), and Dogecoin (DOGE), the company announced Tuesday. The index has surged 183% since November, climbing from $95 to $269.04 as of January 24, reflecting renewed investor confidence in US -focused digital assets. […]

Purpose Investments to Launch Canada’s First XRP ETF

February 10, 2025

Catenaa, Sunday, February 09, 2025 – Purpose Investments has filed a preliminary prospectus with Canadian regulators to launch the world’s first spot XRP exchange-traded fund (ETF), aiming to provide investors with a regulated, long-term exposure to the cryptocurrency.  The asset manager, known for introducing the first Bitcoin and Ethereum ETFs in Canada in 2021, seeks […]

Ripple Launches Tokenized Money Market Fund on XRP Ledger

November 27, 2024

Catenaa, Wednesday, November 27, 2024-  Ripple announced the launch of a tokenized money market fund on the XRP Ledger on Monday, marking a significant milestone in the integration of blockchain with traditional financial products.  The initiative, developed in partnership with Archax, the UK’s first Financial Conduct Authority-regulated digital asset exchange, brings tokenized access to abrdn’s […]

SEC Ends Probes Into Yuga Labs & Kraken Amid Policy Shift

March 4, 2025

Catenaa, Tuesday, March 04, 2025-The US Securities and Exchange Commission (SEC) has officially closed its investigation into Yuga Labs, the creator of the Bored Ape Yacht Club NFT collection, and has agreed to dismiss its lawsuit against cryptocurrency exchange Kraken, marking a major shift in crypto regulation.  Yuga Labs confirmed the SEC’s decision in a […]

SEC Files Appeal in Ripple Case, Targets XRP Classification

January 19, 2025

Catenaa, Sunday, January 19, 2025 –The US Securities and Exchange Commission has formally appealed a 2023 district court ruling that partially favored Ripple Labs, focusing on whether XRP sales to retail investors qualify as unregistered securities transactions.  The SEC argues that Ripple’s promotional efforts created profit expectations, meeting the “investment contract” definition under the Howey […]

Trump Signs Executive Order On Strategic Bitcoin Reserve

March 7, 2025

Catenaa, Friday, March 08, 2025-President Donald Trump signed an executive order Thursday creating a US Strategic Bitcoin Reserve, ensuring the government’s Bitcoin holdings are maintained as a strategic asset similar to gold in Fort Knox. The reserve will be funded with Bitcoin seized in criminal and civil forfeitures, preventing any taxpayer burden, according to White […]

XRP Surges to Third-Largest Cryptocurrency by Market Cap

December 4, 2024

Catenaa, Wednesday, December 06, 2024-Ripple’s XRP soared 30% Monday, overtaking Tether (USDT) to become the third-largest cryptocurrency by market capitalization. The token’s market cap reached $137.4 billion, surpassing USDT’s $134.3 billion, as XRP climbed to $2.46. This marks a 375% surge in XRP’s value over the past month.  The rally was fueled by multiple developments, […]