Bitcoin experienced a sharp decline, plummeting from $65,000 to $63,300 within a short span. This unexpected drop has caught many investors off guard, especially as bullish sentiments had been gaining momentum.

Ripple's XRP token amassed close to $1 billion in open interest over the weekend, while its price hovers around $0.61 at press time, data from CoinGlass shows. What's Different About XRP Price Action?

The outflow has reversed an eight-day trend of consecutive inflows totaling $1.4 billion.

Geopolitical tensions are causing significant volatility in Bitcoin markets, challenging its status as a safe haven asset and impacting investor behavior. The post US Bitcoin ETFs face setbacks as Bitcoin retreats amid rising Middle East conflicts appeared first on Crypto Briefing.

Asset manager Bitwise submitted a filing for an XRP exchange-traded fund (ETF) to Delaware's Division of Corporations on Sept. 30. This filing includes the registration for establishing a Delaware statutory trust, which is a business-oriented trust legally recognized in the state.

The biggest of the cryptos took a nosedive as Middle East conflict fears sent investors fleeing risky assets. Bitcoin (BTC) which climbed to $64,000 recently plunged back to $60,000.

Global equities and risk assets such as bitcoin took a hit Tuesday as Iran launched missiles on key Israeli locations, with the latter threatening retaliation in the coming days.

A new filing for a Bitwise XRP exchange-traded fund (ETF) has surfaced on the Delaware Division of Corporations.

The cryptocurrency prices today have once again sparked a tidal wave of speculation among market watchers globally. Bitcoin (BTC) price waned to the $61K level today, whereas Ethereum (ETH), Solana (SOL), and XRP prices followed with a turbulent action.

Bitcoin prices have tanked following the escalating conflict in the Middle East, but this is nothing new.

Bitcoin dropped to around $60,000 Wednesday following Iran's missile strikes on Israel. The strikes were in retaliation for Israel's killing of militant leaders and its aggression in Lebanon against Hezbollah.

Even as investors attempt to discern the economic impact of flaring tensions in the Middle East, four major tailwinds for Bitcoin stand out.

Bitwise has applied for an XRP ETF in the state of Delaware. An anonymous spokesperson has apparently confirmed that the application is genuine.

XRP price extended losses and tested the $0.5785 support level. The price is now attempting a fresh increase and facing hurdles near $0.620.

Bitcoin exchange-traded funds (ETFs) have experienced remarkable inflows, totaling over $500 million in just two days. This surge, highlighted by a record-breaking single-day inflow of $494.4 million on Friday, underscores growing institutional interest and confidence in Bitcoin as a viable investment.

Bitcoin is now trading at a crucial level following a 5% dip from its recent local highs of around $66,500. The entire crypto market is experiencing volatility, yet investors remain optimistic about the months ahead.

The question still comes up – is crypto too complex for the ‘average user' to understand? The answer seems straightforward. Bitcoin quickly became a cultural phenomenon – appearing in rap songs and movies – and then was adopted by national governments and major corporations. It is safe to say that the people get it.

As the SEC case unfolds and the market anticipates Gary Gensler's next move, many are asking just how high XRP could go by 2025. According to analyst Cheeky Crypto, a key factor in XRP's price performance is market liquidity. Since 2022, XRP has shown a highly liquid market characterized by relatively stable price action.

Ethereum price is gaining pace below the $2,550 resistance. ETH is now trading above $2,500, but it might struggle to recover above $2,550.

"Keep an eye out for the latest updates, and stay vigilant against scams," Ripple's team advised.

The price of Bitcoin fell around $4,000 after Iran fired around 200 ballistic missiles at Israel, escalating the conflict in the Middle East.

Bitwise spot XRP ETF has been proposed with Delaware's Division of Corporations, despite no U.S. approval for XRP ETFs yet.

Pantera Capital outlines why Bitcoin embodies the ideal financial inclusion product, emphasizing its borderless, permissionless, and cost-effective features.

The price action since June has been characterized by a series of lower highs and lower lows- a downtrend that is still unbeaten.

Bitcoin price started a fresh decline below the $63,500 level. BTC is now consolidating above $60,000 and might face many hurdles on the upside.

XRP price has once again rallied past the $0.62 mark today, after witnessing a decline to below the $0.59 level recently. Notably, the surge in the price came in as Bitwise filed for a Spot XRP ETF, which has sparked widespread discussions in the market.

BTC price falls as ETF inflow streak breaks; geopolitical tensions and US job data add pressure, raising uncertainty for the crypto market.

Since its March high and subsequent decline, BTC remained within the ‘accumulate' and ‘buy' zones on rainbow chart.

Leading cryptocurrencies plummeted Tuesday as Iran's missile barrage toward Israel sparked fears of a full-blown regional war in the Middle East. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m.

SEC's potential appeal could significantly delay regulatory clarity for XRP and impact the broader crypto ETF landscape. The post Bitwise's XRP ETF bid likely to fail if SEC appeals Ripple case on Oct. 7 : Galaxy Digital Head of Research appeared first on Crypto Briefing.

Cleanspark CEO Zach Bradford predicts a dramatic rise in bitcoin's value, forecasting a peak near $200,000 within the next 18 months. His outlook suggests rapid growth followed by stability, driven by bitcoin's current price behavior and broader market dynamics. He also links the U.S.

Bitwise files for XRP-spot ETF, fueling optimism, but SEC appeal uncertainty looms over market impact.

Bitcoin (BTC) mining companies are experiencing significant challenges as a key measure of profitability has reached its lowest point in recent records. Analysts from JPMorgan Chase, Reginald L.

Bitcoin prices plunged today, dropping to nearly $60,000 after global investors responded to the latest developments signaling rising tensions in the Middle East.

Recently, a CryptoQuant analyst using the pseudonym “datascope” provided insight into the relationship between Bitcoin price and the Long/Short Volume to Open Interest Ratio. According to the analyst, this ratio is a key metric for understanding market behavior and investor sentiment, making it a valuable tool for predicting potential price trends.

Bloomberg analyst Eric Balchunas has hinted that a potential Donald Trump victory in the upcoming U.S. presidential election could influence the fate of XRP and Solana ETFs. This comment follows Bitwise's recent steps toward creating an XRP ETF by registering a trust entity in Delaware.

The ex-Swan employees at Proton Management said Swan Bitcoin's mining lawsuit is baseless because 2040 Energy operated as a “separate entity.”

The flagship cryptocurrency Bitcoin (BTC) has seen its price rise by more than 8% over the past month, defying its historically poor performance in September and its price rise is seemingly leading to ‘growing confidence in the market'.

Bitcoin has been navigating a phase of consolidation and gradual correction following a strong uptrend, raising concerns among short-term holders. Despite this pullback, many analysts remain optimistic about the cryptocurrency's future, with predictions pointing towards a possible retest of previous all-time highs.

Devcon SEA in Bangkok promises an engaging lineup of speakers and events from November 12-15, 2024, for Ethereum enthusiasts and developers.

Even though there are indications that selling pressure may be increasing, Bitcoin is still rising. September is usually a bearish month for Bitcoin, but after a strong rally in September, the leading cryptocurrency is exhibiting resilience, indicating that bulls are not ready to give up just yet.

XRP market sentiment demonstrates bullish optimism but market data signals a decline in both bullish and bearish volumes.

Watch Daily: Monday - Friday, 3 PM ET

Asset management firm Bitwise has filed for a spot XRP exchange-traded fund (ETF) with the Delaware Division of Corporations. While this does not confirm an immediate filing with the U.S. Securities and Exchange Commission (SEC), it aligns with Ripple CEO Brad Garlinghouse's positive outlook on the future of XRP ETFs.

Latest data suggested that Bitcoin might be getting ready for a bull rally soon.

Investors weigh Bitcoin and gold as potential hedges against economic uncertainty amid recent monetary policy shifts from the Federal Reserve and China's economic stimulus measures.

The price of the native token of the XRP Ledger, XRP, is up more than 11% over the past month after whales accumulated more than 470 million tokens in just 10 days in a buying spree that came shortly after Grayscale Investments announced the launch of its Grayscale XRP trust.