Ripple Trademark Push, Shibarium Milestone & Dogecoin Surge Stir Crypto Markets
Mar 17, 2025, 7:41 p.m.
7 sources
Ripple has recently applied for the 'Ripple Custody' trademark in the United States while also securing a key license in the UAE. The company’s focus on expanding its custody services, as evidenced by its acquisition of a Swiss custody firm and joint efforts with South Korea-based BDACS for XRP custody, signals a strong push into institutional grade security. Meanwhile, Shiba Inu’s Shibarium is on the verge of a major milestone, generating excitement among investors about potential ecosystem enhancements and broader utility. In contrast, Dogecoin is experiencing volatile moments, with a mysterious crash chart by its founder causing uncertainty even as active addresses surged by 400%, hinting at heightened network activity. These developments are set to impact the coins in different ways over the short and long term, driven by regulatory decisions, technological upgrades, and community reactions.
The news underscores XRP’s growing role in institutional custody with significant steps like the new trademark application and key licensing in the UAE. In the short term, this can lead to bullish sentiment as investors expect more secure and regulated custody solutions. In the long term, successful regulatory approvals and strategic partnerships may further stabilize and boost XRP, though trademark delays or rejections could introduce volatility.
Dogecoin is in a state of mixed sentiment. The surge in active addresses suggests increased network usage, potentially driving short-term upward momentum. However, the mysterious crash chart published by the founder injects uncertainty and could lead to short-term volatility. If the network activity translates into sustained market enthusiasm, DOGE may see incremental gains, but investor caution remains due to the ambiguous signals from leadership.
Shiba Inu’s Shibarium approaching a major milestone is likely to drive optimism among its community and investors. In the short term, successful milestone achievement can trigger a rally as investor sentiment turns positive due to expected network enhancements. Over the long term, sustained improvements and ecosystem developments may lead to a steady increase in utility and adoption, although the inherent volatility typical of meme coins remains a consideration.
Sources
Ripple Applies for New Trademark: Details
u.today
16.03.2025 09:15
Ripple files trademark application for custody service, wallet
Cointelegraph
17.03.2025 18:20
Ripple files trademark for ‘Ripple Custody’ in digital asset expansion drive
cryptoslate.com
17.03.2025 19:30
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