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$64 billion asset manager Citadel Securities will begin offering crypto trading and become a liquidity provider for cryptocurrencies, a Bloomberg report says. The firm aims to get added to the roster of market makers on various exchanges, including those run by Coinbase Global Inc., Binance Holdings, and Crypto.com. The firm was previously cautious about engaging with the crypto industry but has changed its tone due to its belief in Donald Trump’s administration lifting the crypto industry upward. JUST IN: $64 billion asset manager Citadel to offer crypto trading and become a liquidity provider for cryptocurrencies. — Watcher.Guru (@WatcherGuru) February 24, 2025 Once the firm is approved on exchanges, it initially plans to set up market-making teams outside the US, sources tell Bloomberg. The extent of the push and Citadel’s desire could change based on how or if new regulations roll out in the coming months. Currently, crypto is a major pillar in this administration’s prio...

XRP has experienced a significant decline of around 11% over the past day, hitting a low of $0.511 early on October 3. This downturn is primarily driven by a broader slump in the cryptocurrency market and is exacerbated by the ongoing lawsuit from the U.S. Securities and Exchange Commission (SEC) against Ripple, which continues to pressure XRP’s price. XRP Key Statistics Current Price : $0.52 Market Cap : $29.66 billion Trading Volume (24h) : $3.29 billion Circulating Supply : 56.56 billion XRP Total Supply : 99.99 billion XRP CoinMarketCap Ranking : #7 Recent developments highlight the weight of the legal battle on Ripple’s native token. Just yesterday, XRP was trading above $0.60 but now struggles around $0.52. This sharp drop followed the SEC’s appeal of a prior court ruling, which stated that secondary XRP sales do not qualify as securities transactions. Despite the current grim outlook, historical trends indicate that this dip could be a precursor to a s...