On November 1, 21Shares officially submitted a Form S-1 with the SEC for its Core XRP Trust, an investment vehicle intended to provide indirect exposure to XRP for investors. While the ETF won't directly hold XRP tokens, it allows investors to engage with the XRP market through a regulated and accessible platform.

CryptoQuant's analysis suggests that BTC could be far from a new bull market because the cryptocurrency's dominance is not decreasing, but rising.

Major crypto ETF issuer 21Shares has made a big step toward launching an exchange-traded fund tied to Ripple-associated token XRP, following similar proposals from other asset managers.

Pro-XRP lawyer MetaLawMan has criticized the United States Securities and Exchange Commission (SEC) over its regulation by enforcement strategy. The financial regulator has remained under the radar of crypto market commentators for its hostile view of the industry.

Former United States President Donald Trump wished Bitcoiners a great anniversary, marking Satoshi Nakamoto's Whitepaper. This comes in the run-up to the US Presidential election, which is projected to change the dynamics of crypto assets in the country.

San Francisco-based enterprise blockchain company Ripple holds 4.43 billion tokens, according to its recently published Q3 report.

Bitcoin's price dip below $70,000 has seen one whale panic, selling 2,019 BTC amid jitters over further declines.

Two prominent ETF issuers advanced their XRP-based asset initiatives today. Grayscale launched trading on its XRP Trust fund, while 21Shares submitted an official application for an XRP ETF.

Investment firm 21Shares submitted a request to the U.S. Securities and Exchange Commission (SEC) for approval to launch a spot XRP (CRYPTO: XRP) exchange-traded fund (ETF). What Happened: 21Shares filed an S-1 registration statement with the SEC on Friday proposing a fund, named the 21Shares Core XRP Trust to be listed on the Cboe BZX Exchange.

Matt Hougan, Chief Investment Officer of Bitwise Asset Management, shed light on the future potential of Bitcoin amid various misconceptions surrounding its price trajectory. As Bitcoin hovers around $72,171, Hougan asserts that significant price increases are possible without necessitating a depreciation of the US dollar.

The intensive energy usage of the Bitcoin network could tempt governments to ban mining due to environmental concerns. A new research paper indicates that could be a mistake, depending on the jurisdiction.

As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in asset preferences, CNBC reports, citing Bank of America credit strategist Yuri Seliger.

The SEC must submit its opening brief in the Ripple SEC appeal by Jan. 15, 2025, as part of a key phase in the ongoing legal process. The post SEC ordered to file Ripple appeal brief by Jan. 15, 2025 appeared first on Crypto Briefing.

Florida is blazing a new path by investing $800 million in crypto, a move led by CFO Jimmy Patronis.

Some days ago, Ethereum (ETH) showed readiness to climb toward $3,000. But as last month neared its end, the momentum changed, leading the second most valuable cryptocurrency to drop below $2,600.

The price of Ether (ETH) soared to a local high of $2,719 on October 30, marking its highest level in nearly 14 days. However, a strong rejection on Oct. 31 saw the second-largest crypto in the world tumbling to as low as $2,470 earlier today.

Ethereum (ETH) finds itself once again challenging the crucial $2,800 resistance zone, a level it hasn't breached since August. The digital asset has recently demonstrated slow yet steady progress, with bullish technical patterns forming.

Metaplanet's success highlights the growing trend of corporate Bitcoin adoption, potentially reshaping financial strategies globally. The post Metaplanet stock soars over 1,000% this year as firm adopts Bitcoin strategy appeared first on Crypto Briefing.

Global investment firm Franklin Templeton's proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase's Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S.

Swiss ETF issuer 21Shares has filed an S-1 form with the SEC to launch a spot fund that tracks the price of XRP.

TL;DR 21Shares requests SEC approval for an XRP ETF, aiming to expand regulated access to cryptocurrencies. The XRP ETF would be listed on Cboe BZX, with Coinbase Custody Trust as the fund's custodian. Approval faces challenges due to the ongoing legal dispute between the SEC and Ripple over XRP sales as unregistered securities.

With a new XRP ETF application from 21shares, pressure mounts on the SEC as investors eye access to XRP exposure amid ongoing regulatory battles.

After several firms took the step, 21Shares has become the latest to file for an XRP ETF with the US SEC. It has now become the third firm to file for the XRP investment vehicle, following both Bitwise and Canary Capital.

A closely followed crypto strategist is suggesting that Ethereum (ETH) may be gearing up for a massive breakout. Pseudonymous analyst Inmortal tells his 218,100 followers on the social media platform X that Ethereum looks bullish after holding the $2,400 level as support on the daily timeframe.

SEC faces a January deadline in Ripple's high-stakes appeal. Ripple's legal clash could define crypto's regulatory future.

Markets have started to sell-off, and Bitcoin needs to hold $70,000 for the BTC and altcoin rally to continue.

The United States Court of Appeals for the Second Circuit has issued an order in the XRP lawsuit between the Securities and Exchange Commission (SEC) and Ripple Labs, Inc. The court has mandated that the SEC must file its appellate brief by January 15, 2025, setting a firm deadline.

Bitcoin (BTC) price has shown shifts in sentiment after recently reaching a very close level to its all-time high. DMI highlights a softening in BTC's uptrend momentum, suggesting some pullback in buying intensity.

Who wins this election will dictate when we see a new all time high.

The asset manager became the third firm to apply for listing and trading shares of a spot XRP ETF, following Canary Capital and Bitwise.

Joining the ranks of several firms that have already initiated similar efforts, 21Shares has recently filed with the US Securities and Exchange Commission (SEC) to launch an XRP ETF. This filing, submitted today, signals the firm's intention to offer an investment product centered around Ripple's native cryptocurrency.

MicroStrategy (MSTR), the software company founded by Michael Saylor, remains one of the best ways that equity investors can gain exposure to bitcoin (BTC) given the company's intelligent leverage strategy, broker Canaccord stated in a research report on Thursday. The broker raised its MicroStrategy price target to $300 from $173 while maintaining its buy rating.

XRP price has been trading in a narrow range recently, hinting at a period of consolidation for the altcoin. This period of price stability was interrupted by a rebound, aligning with a broader market uptick, suggesting a shift in momentum.

The price of Ethereum (ETH) has slipped below the moving average lines after being rejected at a high of $2,723.

21Shares has filed documents for an XRP-based fund amid skepticism toward crypto ETF demand outside Bitcoin products.

Weak US job figures spur market speculation on Fed rate cuts, impacting Bitcoin price movement. The latest report shows a slower labor market and potential rate cuts. How will Bitcoin respond to this economic backdrop as investors watch closely? The post Bitcoin Price Choppy as Soft US Jobs Data Feeds Fed Rate Cut Bets – Where Is BTC Headed Next? appeared first on Cryptonews.

Researchers from the non-profit organization Exponential Science and University College London have pointed out that Bitcoin mining bans might have unintended environmental consequences that could increase carbon emissions by up to 2.5 million tonnes annually.

On Friday, crypto asset manager 21Shares filed an S-1 registration form for a spot XRP ETF with the US Securities and Exchange Commission (SEC) to establish the 21Shares Core XRP Trust.

The exchange is once again shaking up its portfolio after a period of silence.

Donald Trump commemorates Bitcoin's 16th anniversary with a pointed critique of Kamala Harris. As the U.S. presidential race intensifies, Trump highlights the future of digital assets and voicgivees plans to shape crypto regulation, sparking debate over the direction of U.S. blockchain policy. The post Former U.S. President Donald Trump Marks Bitcoin's Anniversary, Slams Kamala Harris appeared first on Cryptonews.

Spot BTC ETFs have amassed over 50% of the assets held by Gold ETFs in just 10 months.

Ethereum missed out on this week's crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months.

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The Kingdom of Bhutan has transferred approximately $65.66 million worth of Bitcoin to its accounts on Binance, a leading global cryptocurrency exchange. This transfer, confirmed by on-chain data, suggests that the Bhutanese government is preparing to sell a portion of its substantial Bitcoin holdings.

The largest corporate holder of Bitcoin (BTC) just announced a new $42 billion plan to accumulate more of the flagship digital asset.

UBS Asset Management has introduced its first tokenized investment fund on Ethereum. Named “UBS USD Money Market Investment Fund Token,” or ‘uMINT,' the fund is built on Ethereum (ETH) for various authorized distribution partners across Singapore, per UBS.

Nasdaq-listed Bitdeer announced the launch of its second-generation Bitcoin mining machine, the SEALMINER A2 series, on October 31, 2024. The new machines feature a power efficiency ratio of 16.5J/TH, with the air-cooled model achieving a hashrate of 226TH/s and the hydro-cooled model reaching up to 446TH/s.

Economist and trader Alex Krüger on Friday laid out his price predictions for Bitcoin (CRYPTO: BTC) based on the 2024 U.S. presidential election outcome, with a strong focus on the immediate impacts of either candidate's win. What Happened: The trader asserted in a thread on X that the apex crypto could surge to $90,000 by year-end in case of a Trump win, with a 55% probability assigned to this outcome.