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news-imageDecember 18, 2024

SEC To Approve XRP And Solana Joint ETF? Analyst Says Yes

Analysts from Bloomberg have a positive outlook that a score of cryptocurrency-based exchange-traded funds or ETF would get approval from the US Securities and Exchange Commission (SEC) in 2025.
Publisher: Bitcoinist
Sentiment: Positive
SOL
XRP

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Positive
cover-imageCryptoSlate
December 18, 2024

Bitwise debuts Solana staking ETP on Deutsche Börse Xetra

Bitwise Asset Management has introduced the Bitwise Solana Staking ETP (BSOL) on Deutsche Börse Xetra, providing institutional and retail investors with streamlined access to Solana's (SOL) staking rewards. The new product is designed to deliver superior returns and transparency, strengthening Bitwise's position in Europe's crypto investment market.

Negative
cover-imageBenzinga
December 18, 2024

Bitcoin, Ethereum, XRP, Dogecoin Plummet Despite Anticipated 25 Basis Point Rate Cut

Cryptocurrency markets are trading lower on Wednesday despite the Federal Reserve announcing a 0.25% rate cut in its latest FOMC meet. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $102,173.74 -3.9% Ethereum (CRYPTO: ETH) $3,714.81 -5.5% Solana (CRYPTO: SOL) $210.29 -7.3% XRP (CRYPTO: XRP) $2.36 -9.3% Dogecoin (CRYPTO: DOGE) $0.3654 -8.4% Shiba Inu (CRYPTO: SHIB) $0.00002458 -8.2% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 3.4% and daily active addresses falling by 12.8%.

Positive
cover-imageThe Cryptonomist
December 18, 2024

Bitwise expands the presence of Solana with the ETP BSOL

Bitwise has launched a new ETP (Exchange-Traded Product) dedicated to Solana, identified with the ticker BSOL, which offers an innovative opportunity for investors interested in the cryptocurrency sector. This product combines the ease of access to digital assets with a significant added value: the rewards generated from staking Solana (SOL).

Positive
cover-imageUToday
December 18, 2024

Ripple's RLUSD Records Major Changes in One Day: Details

American blockchain payments firm Ripple Labs Inc. triggered bullish market sentiment when it launched RLUSD stablecoin on global exchanges. While the price has seen no intense volatility, as previously hinted, its growth trends in 24 hours have not been particularly smooth.

Positive
cover-imageUToday
December 18, 2024

Ripple CTO Reveals XRP Ledger TPS True Potential

In response to a question posed by a user on X, David Schwartz, Ripple's Chief Technology Officer, recently addressed the XRP Ledger's scalability in terms of (TPS) transactions per second. X user Chad Steingraber had asked if it was true that the XRP Ledger "through optimization" could potentially scale up to 50,000 TPS.

Neutral
cover-imageBenzinga
December 18, 2024

Federal Reserve Meeting Preview: 3 Scenarios And What They Mean For Bitcoin, Ethereum, XRP

Markets are on edge ahead of the Federal Reserve's final meeting of 2024, with investor focus shifting to the central bank's projections for 2025 rate cuts rather than the widely expected 25-basis-point reduction. What Happened: The outcomes of the projections could trigger vastly different market reactions, from relief rallies to sharp declines.

Positive
cover-imageNewsBTC
December 18, 2024

Whales Snap Up 30 Million XRP As Ripple Launches Its RLUSD Stablecoin

XRP whales have been on a buying spree as blockchain payments company Ripple officially launched its dollar-backed stablecoin, RLUSD, on several global crypto exchanges this Tuesday. The stablecoin is now available for trading on platforms Bitso, Uphold, CoinMENA, MoonPay, and Archax, with additional listings expected soon.

Positive
cover-imageBitcoin
December 18, 2024

Bitwise Launches Solana ETP in Europe

Bitwise expands its suite of crypto staking solutions with the launch of a solana staking exchange-traded product (ETP). Solana ETP Launched in Europe While Bitwise U.S. Solana ETF Stalls Bitwise, a crypto asset management firm has introduced a Solana staking exchange-traded product (ETP) in Europe with the ticker BSOL.

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