XRP experiences a dramatic 17% surge reaching $0.70, outperforming most major cryptocurrencies, while market analysts remain divided on whether this signals the start of a new alt season or a potential warning sign.
XRP experiences a dramatic 54% surge in trading volume, reaching $1.04 billion, as the cryptocurrency market shows signs of recovery following a massive $225 million liquidation event, with the token’s price climbing 2.29% to $0.512.
Major Japanese financial institutions, including Mitsubishi UFJ Trust and Nomura Securities, have submitted proposals urging regulators to prioritize Bitcoin and Ethereum for potential cryptocurrency ETFs, citing their market stability and long-term investment potential.
Crypto asset manager Bitwise has registered a trust entity in Delaware, signaling potential plans for an XRP-based ETF. Despite this development, XRP’s price remains relatively stable amidst a broader market downturn.
Following Brazil’s approval of a Solana ETF, experts suggest similar approval in the US is inevitable but face regulatory hurdles and uncertain timelines.
Bitcoin’s price fluctuated between $57,000 and $59,000 amid various market influences, while U.S. lawmakers intensify focus on crypto regulation.
Bitcoin ETFs and crypto funds have experienced a significant downturn, with massive capital outflows since March, as investors lose confidence due to economic uncertainty and the Federal Reserve’s stance on interest rates.
Raoul Pal, the founder and CEO of Real Vision and Global Macro Investor, has disclosed his biggest meme coin investments, with Whiff and Bonk being his two equally weighted top bets. He also holds Dogecoin and believes it could potentially become the next meme coin ETF.
BlackRock’s Bitcoin exchange-traded fund (ETF), IBIT, has reached a significant milestone by amassing over $1 billion in assets under management. This achievement highlights the increasing interest and adoption of digital assets within traditional investment circles.
Bitcoin rallied to a two-year high today, breaking above $68,000 as a surge of investment flows propelled the cryptocurrency within striking distance of its all-time record. The price hit a session high of $68,580, just shy of the record $68,999.99 set in November 2021.
