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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...

The XRP price has slumped 1% in the last 24 hours to trade at $2.66 as of 3:30 a.m. EST on a 30% plunge in trading volume to $3.75 billion. The drop in the XRP price comes despite growing optimism around spot XRP ETFs, with the SEC acknowledging multiple filings, including CoinShares, Grayscale, 21Shares, and Bitwise. Additionally, Brazil’s securities commission approved the country’s first spot XRP ETF by Hashdex. BREAKING: 🇺🇸SEC HAVE ACKNOWLEDGED GRAYSCALE’S 19B-4 FILING FOR SPOT $XRP ETF. SEND XRP TO $5 NEXT !!! pic.twitter.com/c6XdKruOfn — Ash Crypto (@Ashcryptoreal) February 13, 2025 Meanwhile, crypto commentator Polly predicts market makers are preparing the Ripple token for a new all-time high. The crypto trader believes the SEC-Ripple lawsuit will be resolved by February’s end. This would trigger a “god candle” for the asset, allowing XRP to reach as high as $6 within the next 10 days. $XRP has the best looking ...