- Ripple’s Scamberry Pie focuses its holiday campaign on scam prevention and online security for XRP owners.
- Trading in 21Shares TOXR Spot XRP ETF began on the U.S. exchange, increasing the token’s exposure through regulated trading.
Ripple’s holiday anti-scam initiative urges users to be alert for online fraud that targets XRP holders.
Ripple Brad Garlinghouse from X, announced on Dec. 3 that the campaign was underway. He directed people to the scamberrypie.com website for information on protecting their children and themselves against digital scams. This campaign is centered on “Scamberry Pie,” Use holiday themed material for an educational campaign that encourages conversations at home about cyber fraud.
Garlinghouse has announced its partnership with Match Group Cash App National Cryptocurrency Association Coinbase. The partnership aims at warning users against phishing, fake investment schemes and other frauds which are often more prevalent during the holiday period.
He also thanked the internal security team of the company for their tireless efforts throughout the year in removing malicious websites and false testimonials. “live” Videos that target token holders. Garlinghouse wrote about the efforts made to protect users. “takes a village,” The company and its partners will continue to remove fraudulent content.
The 21Shares ETF XRP was launched on Monday
21Shares U.S. spot ETF XRP launched Monday with the ticker “TOXR”.The s highlighted In our previous article.. After the SEC had approved 21Shares’ 8-A application, submitted by them on November 7, this product was made effective. The fund had a 0.50 percent management fee and a goal of $500,000 for initial capital.
The ETF was structured to track the CME CF XRP–Dollar Reference Rate, giving investors exposure to spot price through a regulated benchmark. The ETF allowed buyers to track price fluctuations without the need for wallets or custody. Retail and institutional customers could both trade TOXR using standard brokerage accounts.
21Shares has joined the growing U.S. ETF market for XRP. Grayscale, Franklin Templeton and other providers launched new XRP funds in the wake of 21Shares’ debut. Five XRP-based ETFs have been trading for only a couple of days in the United States. This shows the growing demand for products that are regulated and tied to this token.
The XRP price and indicators for the day
XRP moved quietly during the day. trading Mostly around 2,17 dollars. Although it tried to move higher, the price remained below its 50-day moving median near 2,32 dollars. That level was blocking any strong moves. Trading volume was about what one would expect from a calm trading session.
RSI was around 48. This indicates that momentum is a bit soft. The RSI was not weak enough to indicate heavy selling, nor strong enough to suggest real buying. It was the same throughout the day. Slow, cautious and waiting to see if there would be a stronger push.
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Source: www.crypto-news-flash.com
