"We're pleased to announce that Ripple has been named a Platinum Winner in Best Cross-Border Payments Platform," the company stated.
The Canary XRP ETF would track the XRP price by using the Chicago Mercantile Exchange (CME) CF Ripple index and would avoid derivatives product for tracking.
Most crypto spot and futures trading are conducted against stablecoin pairs - and an increase signals capital parked on the sidelines to deploy on favorable catalysts.
The flows from both spot Bitcoin and Ether ETFs on Tuesday suggest that unstable Bitcoin prices may have swayed investors.
Bitcoin (BTC) price is on the precipice of major volatility in the near term after consolidating in the past seven months. Despite the daily death cross between the 50 and 200 Moving Averages (MA), the flagship coin has held above crucial support levels in the recent past.
Bitcoin's recent price dip of nearly 10% has stirred various reactions among traders and analysts alike. According to a report released by analysts at Bitfinex on October 6, this pullback is not a sign of weakness but rather a “healthy realignment” that may ultimately lower the risk of a more catastrophic drop in the coming days and weeks.
Crypto analysts are projecting significant growth potential for XRP, with predictions ranging from $2.3 to $200, though the asset currently trades at $0.53 amidst market uncertainty.
Ripple's XRP is currently trading at just $0.53, leaving many traders wondering: could it skyrocket by 2x to 5x after the launch of its RLUSD stablecoin? This speculation comes as XRP has struggled to move beyond the $0.50 mark, causing frustration among holders.
Spot Bitcoin ETFs in the U.S. broke their two-day inflow streak on Oct 8, registering a day of negative flows, while spot Ether ETFs followed suit, logging outflows after a day of stagnation.
According to a report by Olga Kharif for Bloomberg, a new HBO documentary, “Money Electric: The Bitcoin Mystery,” explores the origins of Bitcoin and suggests that Canadian software developer Peter Todd might be the mysterious Satoshi Nakamoto.
The second filing for XRP ETF by Canary Capital has sparked optimism in the market, with many experts revealing potential approval chances for the investment instrument. Meanwhile, this comes just after Bitwise made the first filing for such an ETF in the United States.
Cardano price is looking stronger as it has formed a bullish reversal pattern on the 12-hour timeframe. Meanwhile, the market is optimistic about the ADA price surging higher as analysts predict it could reach $1 or higher by December.
Marat Tambiev, a former chief investigator for the Investigative Committee of Russia, was sentenced to 16 years in prison for accepting a bribe of 1,032 BTC (around $65M).
According to a report by Isabelle Lee for Bloomberg, crypto investment firm Canary Capital filed a registration statement with the U.S. Securities and Exchange Commission (SEC) on October 8 for a spot XRP exchange-traded fund (ETF), marking the firm's first attempt at launching an ETF.
The identity of bitcoin's inventor has been a mystery, but the creator of a new HBO documentary says he may have uncovered the person's true identity.
Billy Markus, who created a Bitcoin parody called Dogecoin together with Jackson Palmer in 2013, has commented on the likely effect of the "Money Electric: The Bitcoin Mystery" documentary that was released by HBO earlier today.
A large Bitcoin whale has accumulated an additional 750 BTC, despite facing substantial unrealized losses on their existing holdings. The $46.8 million purchase was shared by Lookonchain.
Why do some believe Nick Szabo is Bitcoin's inventor, Satoshi Nakamoto?
Canary Capital has applied with the US Securities and Exchange Commission (SEC) to launch a spot XRP ETF (exchange-traded fund). If approved, the cryptocurrency investment firm will offer investors access to XRP without them having to purchase the asset directly.
The second filing for an exchange-traded fund based on the Ripple token has been made in the United States.
Bitcoin has experienced a rise of 8.01% in the last three months; notably, in the last 30 days alone, it has witnessed a growth of 13.9%. Currently, the BTC market is trying to recover from the fall it suffered on the first day of October due to the Israel-Iran crisis.
The neutral fear and greed index? An opportunity for those who prefer smart buying over depressing plunges!
The world's largest Bitcoin conference kicks off today in Amsterdam, featuring speakers like Jack Mallers and Adam Back. Watch the live stream as European Bitcoin leaders discuss its future.
A large crypto whale decided to accumulate more Bitcoins despite standing in a huge loss as the asset's price remains below $63,000.
Bitcoin price (BTC/USD) stabilises around the $62,000 support level, showing resilience amid recent market fluctuations. An ascending trendline on the 2-hour chart provides strong technical support while traders closely monitor for potential moves.
A widely followed crypto analyst believes Bitcoin (BTC) is poised for one more liquidation event before sparking a fresh bull run. Trader Justin Bennett tells his 112,400 followers on the social media platform X that Bitcoin's heatmap suggests that BTC bulls have piled up long positions at $57,000.
RedStone Oracles, a key provider of blockchain data services, has introduced staking oracles specifically for BTC, allowing users to stake Bitcoin in exchange for liquid-staking tokens (LSTs).
On-chain data shows the Ethereum whales have been participating in constant distribution for the last six months, a sign that's not ideal for ETH.
HBO's documentary Money Electric: The Bitcoin Mystery raised a few eyebrows by suggesting that Bitcoin core developer Peter Todd may be Satoshi Nakamoto.
Bitcoin (BTC) is hovering around $62,000, caught in a temporary balance between bullish and bearish forces. Data indicates that Bitcoin is still under selling pressure from US institutional investors.
Attorneys Kristi Warner and James Murphy (@Metalawman) discussed the SEC's appeal on the Crypto Law channel. In the Ripple case, Judge Torres ruled that only institutional sales were unregistered securities. She made it clear that XRP itself is not a security, and sales between retail holders that didn't involve Ripple are also not securities.
The speculations behind the creator of Bitcoin are not new and hence the identity of Bitcoin's elusive creator, Satoshi Nakamoto, has been one of the greatest mysteries in the crypto world.
In a surprising turn of events, an unknown Ethereum user has paid a shockingly huge fee for a single transaction. According to blockchain data tracker Whale Alert, a fee of 288 ETH worth $704,067 has just been paid for a single transaction.
Crypto analyst Egrag Crypto has predicted that the XRP price will rise 8,400% to $44. Interestingly, the analyst suggested that the crypto could still reach a higher price target, calling the $44 price level “conservative.
Bitcoin is in a good buying zone for long-term investors, according to the Rainbow Chart.
The cryptocurrency market has been hit by a significant wave of bearish momentum, leading to widespread liquidations across several leading digital assets. In the past 24 hours, the market saw total liquidations surpass $220 million, leaving many traders with substantial losses.
Economist and Bitcoin critic Peter Schiff, known for teasing Michael Saylor, just shared an unexpected view on Bitcoin. In a surprising twist, he humorously said that MicroStrategy's CEO should seize the opportunity to buy up the 69,370 BTC the U.S. government is preparing to sell. U.S. Government to Sell $4.3 Bln in Bitcoin The U.S.
Cryptocurrency Market Today: The global cryptocurrency market saw a slight dip today, with a 0.28% decrease in total market cap, now at $2.17 trillion. Meanwhile, 24-hour trading volumes fell -11.09% to $69.42 billion. The Fear & Greed Index stays at 42, indicating neutral market sentiment as investors await new developments.
After Bitwise, Canary Capital Group filed for the XRP ETF, which has circulated bullish waves across the markets. On the other hand, the trading volume of the token has been constantly dropping, keeping the market participants hazy about the next price action.
Cryptocurrency asset trading and management firm Canary Capital has lodged a registration statement with the SEC for an XRP (CRYPTO: XRP) exchange-traded fund (ETF), marking the second such filing this month. What Happened: Canary Capital submitted the S-1 filing—a prerequisite for issuers to file to publicly offer new securities—on Tuesday.
Recent reports suggest that the US government finally has custody of 69,370 Bitcoins, worth $4.38 billion, seized from the Silk Road dark web marketplace. This has got many crypto enthusiasts to question what if the US government triggers a sell-off similar to Germany's this year in July.
The tech company MicroStrategy, known for its massive investments in Bitcoin, has just achieved an exceptional stock performance. According to a recent report, its stock recorded a staggering gain of 1,208% since 2020, far surpassing Bitcoin's rise of 445% during the same period.
Spot bitcoin ETFs experienced $18.66 million in net outflows on Wednesday, with Fidelity's FBTC recording $48.82 million in outflows.
A compelling expose could have impacted bitcoin and the broader market's prices, but the crypto community is largely brushing off HBO's hyped documentary.
According to ETF analyst Eric Balchunas, Canary Capital, a Nashville-based firm launched by alternative asset manager Valkyrie, has jumped into the XRP ETF race with its own filing.
The bitcoin market is currently experiencing a rather striking trend: bitcoin reserves on exchange platforms are at historically low levels. While the #1 cryptocurrency by market capitalization hovers around $62,300, Bitcoin reserves are dwindling, fueling speculation about the potential consequences of this development for the entire sector.
With the new integration, Coinbase users can send Bitcoin to Taproot addresses, joining platforms like OKX, Binance, and Kraken.