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news-imageOctober 9, 2024

Crypto Price Today (Oct 9, 2024): Bitcoin & Ethereum Lack Momentum, XRP Gains Amid ETF News!

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.
Publisher: CoinPedia
Sentiment: Neutral
BTC
ETH

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Positive
cover-imageThe Currency Analytics
October 9, 2024

Bitfinex Analysts View Last Week's Bitcoin Dip as a Healthy Realignment

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.

Positive
cover-imageCoinPedia
October 9, 2024

Is XRP Ready to Breakout? Top Trader Predicts 5x Surge!

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.

Positive
cover-imageBeInCrypto
October 9, 2024

Canary Capital Joins Bitwise in XRP ETF Race

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.

Neutral
cover-imageBenzinga
October 9, 2024

XRP ETF Buzz Increases As Canary Capital Pursues SEC For Greenlight On Its Fund — Will The Gary Gensler-Led Regulator Give Its Nod?

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.

Positive
cover-imageCointribune
October 9, 2024

MicroStrategy Skyrockets Bitcoin: Its Stock Soars By 1,208%

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.

Negative
cover-imageCointribune
October 9, 2024

Bitcoin: Exchanges Running Dry, Is The Crypto Market On The Brink Of Chaos?

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.

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