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news-imageSeptember 12, 2024

The Daily: eToro settles with SEC, Grayscale launches new XRP Trust, Standard Chartered predicts bitcoin new all-time high by year-end and more

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Publisher: The Block
Sentiment: Positive
BTC
XRP

More News Articles

Positive
cover-imageBitcoinist
October 12, 2024

BlackRock Is Selling Bitcoin To Buy Ethereum, Will This Bullishness Trigger Another Altcoin Season?

New reports have revealed that BlackRock, the world's largest asset manager and American multinational investment company, is now selling Bitcoin (BTC) to buy Ethereum (ETH). Many market watchers propose that this unexpected investment change could trigger a bullish rally for Ethereum, potentially catalyzing another altcoin season.

Positive
cover-imageThe Currency Analytics
October 12, 2024

Ripple Introduces Groundbreaking Crypto Storage Services for Banks and Fintech Firms

Ripple has rolled out a new suite of crypto storage services specifically tailored for banks and financial technology (fintech) companies. This initiative, known as Ripple Custody, is designed to provide a secure and compliant environment for managing digital assets, catering to the increasing demand from businesses operating within the cryptocurrency sector.

Negative
cover-imageThe Currency Analytics
October 12, 2024

XRP and Solana Struggle Amid Bearish Sentiment: Is a Recovery Possible

The cryptocurrency market grapples with a downturn, two prominent players, XRP and Solana, are feeling the brunt of increasing negative sentiment among investors. Recent data from Santiment, a market intelligence platform, reveals that both assets are experiencing significant bearish narratives, raising questions about their potential for recovery.

Negative
cover-imageThe Currency Analytics
October 12, 2024

Ripple (XRP) Faces Negative Sentiment, But Analysts See Potential for Upswing

Ripple (XRP) has found itself at the center of a storm, especially following the U.S. Securities and Exchange Commission's (SEC) appeal regarding its legal battle with the company. This situation has led to increased negative sentiment surrounding XRP, but some analysts remain cautiously optimistic, believing that this negativity could present an opportunity for growth.

Neutral
cover-imageThe Currency Analytics
October 12, 2024

Ripple's Future Hangs in the Balance: Could Gary Gensler's Exit Influence the SEC Lawsuit

The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has become a focal point for the cryptocurrency industry, especially following the SEC's recent appeal in its case against Ripple. A federal judge had previously ruled that the SEC did not establish that Ripple violated securities laws by selling XRP to retail investors.

Neutral
cover-imageThe Currency Analytics
October 12, 2024

Unpacking the Recent Bitcoin Surge: Why It Makes No Sense

Bitcoin (BTC) has recently seen a significant surge in open interest (OI), yet the cryptocurrency's price has remained largely stagnant. This phenomenon has left many market participants puzzled, raising questions about what's driving this increase in market activity without a corresponding price movement.

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