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news-imageOctober 1, 2024

Bitwise Files for XRP ETF Following Bitcoin, Ethereum Approvals

Bitwise aims to launch an XRP ETF, confirming to Decrypt that the filing with the state of Delaware is legitimate.
Publisher: Decrypt
Sentiment: Positive
BTC
ETH

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Positive
cover-imageBitcoin
October 1, 2024

Asset Management Firm Bitwise Files for Spot XRP ETF

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.

Positive
cover-imageCryptoGlobe
October 1, 2024

XRP Price Jumps as Whales Buy 470 Million Tokens in 10 Days

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.

Positive
cover-imageCryptoSlate
October 1, 2024

Metaplanet's Bitcoin strategy lifts stock by 443%, targets 1,000 BTC

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.

Negative
cover-imageBitcoin
October 1, 2024

Middle East Tensions Trigger Equities Sell-Off, Bitcoin Drops to $60,246

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.

Negative
cover-imageThe Currency Analytics
October 1, 2024

Ethereum Price Prediction: Bulls May Face Challenges Ahead

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.

Positive
cover-imageCryptopolitan
October 1, 2024

Breaking: Bitwise files for XRP ETF

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.

Negative
cover-imageBenzinga
October 1, 2024

Bitcoin, Ethereum, Dogecoin Begin 'Uptober' Deep In The Red, But Traders See This As The 'Final Shakeout'

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%.

Neutral
cover-imageThe Currency Analytics
October 1, 2024

Ripple Unlocks 1 Billion XRP Tokens Amid Market Fluctuations

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.

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