Ripple CEO Brad Garlinghouse in a latest interview revealed bullish and bearish news for the XRP community and the crypto market. Amid notable developments in the US SEC v Ripple case, Garlinghouse talked about stablecoin launch plans, favorable regulatory developments offshore US, and crypto bipartisanship.
XRP holders have been advised not to fret over the capital gains tax proposal supported by Kamala Harris. According to experts and analysts, this new tax measure may not significantly affect holders of XRP and other underperforming digital assets.
Wisdom Tree has canceled its submission request for the Ethereum Trust S-1 registration, filing a withdrawal request on September 6.
Amid strong criticism for the Ethereum blockchain and its underperformance this year, VanEck head of digital assets – Matthew Sigel – has come out defending the network while citing its strong economic model. The ETH price has also been subject to criticism failing to show enough traction even after the launch of the spot Ether
Meme coins like WIF and BONK did not make the list.
$600 and $450 are formidable resistance and support levels, but the latter is likely the more feeble of the two.
Eighty-eight corporate leaders have joined forces in a letter endorsing US Vice President Kamala Harris' presidential campaign. Chris Larsen, Ripple's co-founder and executive chairman, was among the signers of the “strategic” letter to support the Democratic nominee.
A well known asset management firm, VanEck is closing its Ethereum Futures ETF (EFUT). This marks a significant pivot in the firm's strategy amid evolving market conditions. The firm has been operating this ETF for less than a year. This ETF has been operational for less than a year.
As the first week of September concluded, the Solana (SOL) price settled at $124, raising concerns for investors as the fifth largest cryptocurrency risks breaching the critical $100 threshold. According to market analyst Ali Martinez, recent technical analysis indicates that a sustained close below the channel's lower boundary at $126 could trigger a significant price correction for Solana, potentially dropping to $110 or even $90.
On Friday, asset management firm and exchange-traded fund (ETF) issuer VanEck announced its decision to liquidate its Ethereum Futures ETF (EFUT). According to the official release, shareholders will have the opportunity to sell their shares on the fund's listing exchange until market close on September 16, 2024.
Bitcoin-based DeFi applications are gaining momentum, raising the possibility that they could surpass Ethereum's dominance in terms of total value locked (TVL) within the next two years. This emerging trend reflects Bitcoin's growing role in DeFi, challenging Ethereum's long-standing supremacy.
Fed rate cut speculation pressures cryptos as US job data boosts investor sentiment. Crypto market cap down 5.23% by Sept.
Cardano nears key support as whale activity and active addresses surge
Ripple's co-founder backs Kamala Harris for President, stirring debate in the crypto community. SEC appeal uncertainty keeps XRP under pressure.
Cardano's development team, Input Output (IOHK), and decentralized network Hedera have become founding members of the Decentralized Recovery Alliance (DeRec Alliance).
WisdomTree has requested to withdraw the WisdomTree Ethereum Trust S-1 filing with the SEC, initially submitted in May 2021.
Vitalik Buterin reveals he hasn't invested in L2 tokens, aiming to fund charitable projects rather than profit from the Ethereum ecosystem.
XRP holders have been on edge, speculating about the potential implications of an appeal by the U.S. Securities and Exchange Commission (SEC) in the ongoing Ripple case. However, legal experts are advising calm, suggesting that the SEC's potential appeal might not be as disruptive as some fear.
SOL's last three cycles could be key to identifying what's next for the altcoin.
XRP finds itself at a critical juncture, approaching the crucial $0.52 support level. With Bitcoin's recent volatility impacting the broader market, investors are keenly watching to see whether XRP can withstand these pressures or if it will succumb to a bearish trend.
Recent developments show that Ethereum has entered oversold territory. This is undoubtedly a bullish development for the second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000.
Solana (SOL) has been holding above the $120 mark since experiencing a significant 24% retrace from its local highs. As the crypto market faces growing fear and uncertainty, Solana has remained one of the strongest performers this cycle, attracting attention from analysts and investors looking for opportunities.
The Ethereum Foundation is selling again, but what does the market think about this?
The native token of the Cardano blockchain, ADA, has lost around 12% of its value over the past week amid a wider cryptocurrency market decline that saw Bitcoin ($BTC) plunged to around $54,000 after losing 8% of its value over the same period.
WisdomTree has requested to withdraw its Ethereum Trust registration filing with the SEC while asking to apply the fees as a credit for "future use."
As it gets closer to $55,000 the price of Bitcoin is still showing signs of weakness, and a decline to $52,000 is looking more and more likely. A bearish attitude has been evident in recent market data, especially among institutional investors, who have been withdrawing their money from exchange-traded funds related to Bitcoin.
Ethereum developers convened for ACDC call #141 to discuss updates to the Pectra upgrade and issues related to proof computation for home stakers.
VanEck is making a change to its list of ether ETF offerings.
The recent crypto market crash has fueled fresh concerns among investors, especially after the recent US Job data cemented bets over a potential 0.5% rate cut by the US Fed. The US stock market has also noted gloomy trading today, while the crypto sector also moves in tandem with it.
Once the 78.6% retracement level is beaten, the 100% level is usually the next target.
ADA holders have been anxiously awaiting clarity on how the changes will impact their staking rewards. Charles Hoskinson, the founder of Cardano, has stepped in to dispel fears, confirming that ADA holders who choose not to participate in the new governance mechanisms will not lose their staking rewards.
On Sept. 6, Vaneck announced its decision to close and liquidate the Vaneck Ethereum Strategy exchange-traded fund (EFUT). The liquidation comes after evaluating key factors, including performance and investor interest. The firm noted that shareholders will have until September 16, 2024, to sell their shares before delisting.
Early Friday morning saw the movement of some previously dormant Cardano (ADA) coins. This was accompanied by a spike in the coin's daily active addresses, signaling an uptick in trading activity.
Bitcoin, Ethereum, and nearly every other major coin and token has taken a battering over the past 24 hours as investors fast sell risk assets.
Vitalik Buterin takes a major stance on how he will support Layer 2 projects going forward.
Ripple's request to the District Court on September 4 implies the SEC is not done with its case against the company.
The bitcoin price has dropped below a key resistance level as the crypto market crashes under $2 trillion
What do the latest Ethereum Foundation's on-chain actions reveal about the largest PoS coin's future prospects?
Cryptocurrency markets are trading lower as Bitcoin and Ethereum ETFs continue to witness significant outflows. In his latest live session on X, Fred Krueger titled his discussion "The thrill is gone.
Asset management firm VanEck announced plans to close and liquidate its Ethereum futures exchange-traded fund (ETF) EFUT, according to a Sept. 6 statement.
Market sentiment, as measured by crypto options metrics, are decisively bearish in the near term, says Bybit and Block Scholes.
Shareholders will be able to sell their EFUT shares until September 16, 2024. The ETF will be delisted and trading will cease after this date.
Spot Ethereum ETFs are stealing the show and killing demand for futures-based crypto ETFs.
Ripple's ambitious stablecoin plans in Japan and the current drop in XRP's price have sparked interest in the crypto world. Will Ripple's global expansion strategy boost XRP price?
Bitcoin ETFs are facing a turbulent period, experiencing their worst performance streak since late April. Despite strong inflows in August, the momentum has shifted dramatically as spot Bitcoin ETFs have recorded consistent outflows over the past six consecutive days.
Ethereum might have potential for a higher price, despite ETF concerns and market consolidation.
Ripple co-founder and executive chairman Chris Larsen signed a letter alongside eighty-eight corporate leaders on Friday, endorsing Democratic nominee Kamala Harris for the 2024 U.S. presidential election.
A widely followed crypto analyst is suggesting that Ethereum (ETH) is reaching a decision point. Crypto trader Michaël van de Poppe tells his 724,400 followers on the social media platform X that ETH's next move depends on how it trades against Bitcoin (ETH/BTC). “ETH remains to be in an indecisive state of mind.