Ex-CFTC Chief Pham's Ripple Visit Sparks Speculation Amid XRPN Nasdaq Listing
Caroline Pham's visit to Ripple coincides with XRPN's Nasdaq listing and Bitcoin's slight decline.
- Ex-CFTC Commissioner Caroline Pham visited Ripple amid XRPN's Nasdaq listing.
- Bitcoin dipped 0.32% to $85,513, while XRP fell 0.62% to $1.5.
- Crypto market cap remains at $2.98T as overall market sentiment stays in 'Greed' territory.
Former CFTC Commissioner Caroline Pham visited Ripple's headquarters, sparking speculation about potential regulatory developments or partnerships. This visit comes at a time when XRPN, a token associated with Ripple, is set to be listed on Nasdaq, according to U.Today.
The broader crypto market remains relatively stable, with the total market cap holding at $2.98 trillion. However,
Bitcoin experienced a slight decline of 0.32% over the past 24 hours, dropping to $85,513. Despite this, Bitcoin has seen a 2.36% increase over the past week.
XRP, the native token of Ripple, also saw a minor dip of 0.62% in the last 24 hours, with its price currently at $1.5. Over the past week, XRP has managed a modest gain of 0.26%. The market cap of XRP stands at $94.44 billion.
The Fear & Greed Index remains in 'Greed' territory at 71, indicating a positive sentiment among investors despite the slight downturn in Bitcoin and XRP prices.
Pham's visit to Ripple and the XRPN Nasdaq listing could suggest increased institutional interest and potential regulatory clarity for Ripple, which may positively impact market sentiment in the coming days.
At today's peer-to-peer rate, 1 BTC ≈ ₦116.49M (about $85,270.00), down 0.5% over 24 hours. The naira itself trades about 2.9% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Bitcoin — questions
How much is 1 Bitcoin worth in naira today?
About ₦116.49M at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $85,270.00. The naira price moves with both BTC's US-dollar price and the USDT/NGN rate; use our Bitcoin in naira page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 0.28% since this brief first published — trading at $85,270.00 now versus $85,513.00 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from U.Today. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.