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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.
Zhu Guangyao, former deputy Finance Minister of China, called on the government to re-evaluate its approach to Bitcoin and crypto, stressing the need for deeper research into the technology, according to local media reports. Speaking at the 2024 Tsinghua Wudaokou Chief Economist Forum on Sept.
Bitcoin set for higher prices due to rising global liquidity and bullish trends.
The cryptocurrency market experiences fluctuations, a well-known analyst is sounding the alarm for Bitcoin (BTC) bulls. Pseudonymous trader Don Alt, who accurately predicted the 2022 Bitcoin bottom, emphasizes that time is running out for Bitcoin to initiate a new bull run.
With the start of the highly anticipated Uptober here, market experts have been super bullish on the Bitcoin future outlook. In line with this, a crypto analyst has identified a major catalyst that could propel Bitcoin to new all-time highs (ATHs) in the Fourth Quarter (Q4) of 2024.
Bitcoin dips as sentiment spikes, ETFs see inflows, and analysts warn of bearish patterns ahead.
The Bitcoin price can hit a new all-time high (ATH) this Uptober, considering that this month is historically one of its best months. This historical trend indicates that the flagship crypto could rise to as high as $80,000 as it surges past its current ATH of $73,000.
Japanese investment company Metaplanet has made its largest number of Bitcoin purchases to date, following the acquisition of 107.913 BTC for around 1 billion yen (equivalent to $6.9 million), as per an Oct. 1 statement. This marks Metaplanet's eleventh Bitcoin acquisition since its first purchase on April 23, according to data from Bitcoin Treasuries.
On Tuesday, major U.S. stock indices, including the Nasdaq Composite, Dow Jones Industrial Average, Russell 2000, and S&P 500, all closed in negative territory, driven by growing concerns over potential conflict escalation in the Middle East. According to the U.S. State Department, Iran launched nearly 200 ballistic missiles toward Israel.
Crypto native asset manager Bitwise is moving toward creating an exchange-traded fund tracking XRP, the token closely associated with crypto company Ripple.
As Ripple approaches a resolution in its ongoing legal dispute with the US Securities and Exchange Commission (SEC), crypto asset manager Bitwise Invest has taken a significant step by filing the first application for an spot XRP ETF in Delaware.
Spot Bitcoin ETFs are on a bitcoin accumulation rampage.
Asset manager Bitwise filed for an XRP exchange-traded fund (ETF) on Sept. 30 with Delaware's Division of Corporations.
Bitcoin (BTC) is trading bearishly around the $60,700 mark. This dip follows comments from Federal Reserve Chair Jerome Powell, who indicated that upcoming interest rate cuts may not be as aggressive as anticipated following the recent 50-basis-point reduction.
Ethereum (ETH) navigates the current cryptocurrency landscape, recent trends suggest that bullish momentum may face significant hurdles. With ongoing resistance levels and mixed indicators, investors are left wondering about the future trajectory of Ethereum prices.
Analysts say Bitcoin's prolonged downtrend reset its key price metrics, setting BTC up for a stellar Q4 performance.
XRP whale movements and market activity suggest an imminent breakout, with bullish sentiment prevailing.
Despite a recent drawback in the price of Bitcoin, the largest crypto asset is still witnessing a wave of bullish predictions from several analysts as investors and traders anticipate a major rally in the short term, reflecting a strong sentiment in the potential of BTC among these crypto enthusiasts.
XRP is back in the limelight once again, catching a rising tide of bullish vibes in the cryptocurrency marketplace. The token went steadily up last week but managed to make an even bigger leap over the weekend.
Crypto index fund manager Bitwise has filed for a spot exchange-traded fund that would give investors exposure to the token XRP.
The price of XRP fell by 5% today following Ripple's release of 1 billion XRP coins from its escrow wallet. The significant unlocking of these coins has raised concerns among investors, particularly in light of XRP's recent price movements and overall market conditions.
Bitcoin ETFs saw record inflows as miners expanded operations — analysts from H.C. Wainwright link a BTC rally to easing global monetary policies.
Altcoin season index has hit a record high as Bitcoin dominance falters at key roadblock.
Cryptocurrency analyst Benjamin Cowen is warning that the US unemployment rate may have a significant impact on Bitcoin (BTC).
A popular analyst and trader says Bitcoin (BTC) may be gearing up for a breakout after holding a key support level. The analyst pseudonymously known as Rekt Capital says in his newsletter that Bitcoin is looking bullish on the weekly time frame and could soon make a run to around $67,000 to kick-off October.
Asset manager Bitwise has reportedly filed a spot exchange-traded fund for Ripple (XRP), the seventh-largest crypto by market cap. Bitwise's XRP ETF application was filed on Sept.
Wealth manager Bitwise has registered a Delaware Trust for a fund that would track Ripple's native cryptocurrency, XRP.
The crypto-focused asset manager filed the exchange-traded fund application in the state of Delaware.
Bitwise's XRP ETF filing could signal further integration of digital assets into traditional finance, despite potential regulatory hurdles. The post BREAKING: Bitwise files for XRP ETF via Delaware trust appeared first on Crypto Briefing.
Former BitMEX CEO Arthur Hayes attributed Bitcoin's (BTC) rise as the “best-performing asset in human history” to global monetary policies, particularly money printing, rather than regulatory changes. Hayes shared his insights during a Sept.
Bitwise, the leading crypto index fund manager, has filed for an XRP exchange-traded fund in the state of Delaware, according to Fox Business reporter Eleanor Terrett.
A well-known crypto analyst has doubled down on their ultra-bullish forecast for Ripple's cross-border payments token, XRP. Javon Marks has once again predicted that XRP's price will skyrocket to the coveted $200 zone, representing an over 3,000% growth from its current price point.
On Tuesday, the CME Group, one of the world's largest derivatives marketplaces, announced the successful launch of its Bitcoin Friday Futures (BFF), now available for trading.
The Tokyo Stock Exchange listed Metaplanet Inc. has purchased an additional 107.913 bitcoins (BTC) worth $69.42 million (one billion yen). This brings the company's total bitcoin holdings to 506.745 BTC, acquired at an average price of $65,101.
Vitalik Buterin, the co-founder of Ethereum, has unveiled a comprehensive proposal to foster a more decentralized and cooperative network.
Cryptocurrency markets are trading lower amid escalating tensions in the Middle East. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $61,888.86 -2.5% Ethereum (CRYPTO: ETH) $2,498.87 -3.5% Solana (CRYPTO: SOL) $147.33 -5% Dogecoin (CRYPTO: DOGE) $0.1074 -9% Shiba Inu (CRYPTO: SHIB) $0.00001633 -8.3% Notable Statistics: IntoTheBlock data shows large transaction volume increased by around 99% and daily active addresses rose by 7.1%.
Argentina's VP discusses Bitcoin and volcanic mining with El Salvador's President Bukele, highlighting economic innovation. The post Argentina's VP shows interest in Bitcoin during Bukele's visit appeared first on Crypto Briefing.
Ripple Labs, the San Francisco-based payment technology company, has unlocked 1 billion XRP tokens from its escrow. Valued at approximately $621.78 million, this action has been executed in three separate transactions, raising questions about its implications for the broader market and the future of XRP.
The Ethereum price plunged 3.5% during the U.S. market session on Tuesday, currently trading at $2500. This drop in ETH is in line with the broader crypto market pullback.
XRP tests a crucial supply level after days of choppy price action, showing signs of strength as it prepares for a potential breakout. The price has surged approximately 13% since Friday, putting it within striking distance of the key psychological level at $0.65.
A former high-ranking Chinese government official is reportedly urging his country to look into cryptocurrencies.
CME's new derivatives product allows market participants to hedge or speculate on Bitcoin price movements in the short term.
The price of Bitcoin was dented Tuesday as Iran rained missiles on Israel. Will it hold up amid fears of all-out war?