XRP News: Whales continue to dominate headlines with recent massive transfers stirring market speculation. In a notable development, an unknown wallet has moved 95 million XRP, equivalent to nearly $50 million, to Binance.
Whale Alert blockchain sleuth that tracks down large cryptocurrency transactions has noticed two massive crypto transfers, carrying close to 200 million XRP. Roughly half of that sum was shoveled to the world's biggest cryptocurrency trading platform Binance.
XRP, the digital asset associated with the Ripple network, is facing a potentially pivotal moment. The cryptocurrency is inching closer to a technical pattern known as the “death cross,” a signal that could spell trouble for its price trajectory.
Ethereum has witnessed a drop towards the $2,350 level as on-chain data reveals the whales have been making large exchange inflows recently. Ethereum Exchange Netflows Have Been Positive Recently According to data from the market intelligence platform IntoTheBlock, the ETH Exchange Netflow has been positive recently.
In the first week of September, a noticeable decline in trading activity has taken hold, with many market participants opting to stay on the sidelines. This is reflected in a 5% drop in global cryptocurrency market capitalization over the past week.
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
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.
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.
Ripple's co-founder backs Kamala Harris for President, stirring debate in the crypto community. SEC appeal uncertainty keeps XRP under pressure.
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.
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.
The Ethereum Foundation is selling again, but what does the market think about this?
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.
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.
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.
Ripple's Chris Larsen's endorsement of Kamala Harris for the 2024 presidential race underscores a pivotal shift in tech sector allegiances.
Ethereum has underperformed bitcoin by 44% since The Merge, according to research from Cryptoquant. Despite significant upgrades and the recent approval of ethereum spot exchange-traded funds (ETFs), the cryptocurrency continues to face challenges relative to bitcoin.
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Hong Fang of OKX breaks down crypto's recent slide and whether institutional investors are sticking to the sidelines.
Check out what signals that XRP's value could keep dipping in the near future.
A top Ripple executive has backed Vice President Kamala Harris in her U.S. presidency bid.
Nearly two years after “The Merge” at Ethereum's blockchain — the transition to a proof-of-stake consensus mechanism from a proof-of-work setting — investors in ETH who hoped the pivotal upgrade would provide a financial lift have been left with shrinking returns on investment. Ether's price has underperformed Bitcoin (BTC), BNB, and even Solana (SOL) since the September 15, 2022 merge day.