XRP is struggling to buck the bearish trend despite the ETF news

Kraken is proud to announce that we have moved up more than a dozen spots from last year to rank 12th on Newsweek’s 2024 Top 100 American Most Loved Workplaces list. This recognition reflects our ongoing commitment to providing a flexible workplace that prioritizes wellbeing and career development. Earlier this year, Kraken was also named […]

Blockchain technology is driving a quiet revolution in the way money moves through the world, as well as across legacy payment systems.

U.S. Federal Reserve Chair Jerome Powell anticipates future monetary policy will evolve into a more “neutral stance.” While speaking at an economics event in Nashville earlier this week, Powell said the economy looks “strong overall.” He noted there were roughly equal levels of risk associated with the Fed’s goals of reducing inflation and keeping the […]

TL;DR Bitwise filed a Form S-1 with the SEC to launch an XRP ETP. The proposed fund would hold XRP directly and seek to provide exposure to the cryptoasset. XRP is recognized for its role in cross-border payments and its capabilities in decentralized finance (DeFi). Bitwise Asset Management has taken a significant step by filing […]

TL;DR Launch in Aptos: Franklin Templeton launches its OnChain US Government Money Fund (FOBXX) on the Aptos blockchain, represented by the BENJI token. Successful Subscriptions: The fund has reached more than $20 million in subscriptions, evidencing progress in the institutional adoption of blockchain. TradFi and DeFi Integration: This development marks a milestone in the fusion […]

Bitcoin defies September odds, pumping 8% and delivering the best gains in a decade as “Uptober” kicks off. Empire Crypto Trading racks up huge wins as our community stays ahead of market trends! Altcoins are booming as the OTHERS chart breaks out! Here’s what I’m trading and watching closely. Bitcoin and Altcoins Rally Together—But Can […]

October 2023 saw Bitcoin prices surge and fall due to unfounded news of a BlackRock ETF. Recent reports confirm Bitwise has legitimately filed for an XRP ETF in Delaware. Experts like Eric Balchunas affirm this filing’s authenticity, marking a credible shift from previous misinformation. The SEC still has time to appeal a favourable XRP ruling, […]

SUI has experienced an impressive surge of over 160% since the start of September, with its price now hovering around $2. This remarkable rally has analysts and investors highly optimistic about the future of the layer-1 blockchain. Beyond its soaring price, SUI is showing strong growth across key metrics, signaling increasing adoption and usage. According […]

Hamster Kombat revealed in its new roadmap that it would integrate non-fungible tokens in November 2024. 

India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3 million has been frozen in accounts tied to these individuals. The scam lured users with quick earning schemes but blocked fund withdrawals. The investigation also […]

BitMEX co-founder Arthur Hayes is back in the news. He’s made several eye-catching tweets over the past week, and doubled down on a potential meme coin rally by adding PEPE and MOG to his portfolio. Hayes’ bullishness is also impacting newer coins, like Crypto All-Stars, which many believe could surge when the market rebounds. Hayes […]

The SEC has decided to appeal the Ripple case

We’re thrilled to announce that SKY and USDS are now available for trading on Kraken! Funding and trading Trading for SKY and USDS will be live as of 16:00 PM UTC today, October 2, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, and hit ‘Deposit’.  Make […]

Scammers are targeting residents in Elk City and possibly the surrounding areas, asking them to send money through bitcoin ATMs.

A cross-chain protocol’s altcoin is soaring after Korea’s biggest crypto exchange announced support for trading. Messaging protocol Wormhole (W) shot up from a 24-hour low of $0.28 to a current value of $0.37, a more than 32% increase after crypto exchange Upbit announced support on the Solana (SOL) network. With a market cap of $959.7 […]

Thanks to a bullish prediction by analyst EGRAG Crypto, XRP is now causing ripples in the crypto market again. He has recently done an analysis that shows the token is approaching a critical juncture. In the short term, prices may increase more than $1.50 if it can surpass the Genuine Wake-Up Line (GWUL). Traders pay […]

The ruling paves the way for election prediction markets to operate in the United States.

TL;DR Bitcoin has reached a new technical high of $66,000, marking a significant change in its recovery, supported by record on-chain metrics. The similarities in BTC’s performance with previous cycles suggest a comparable pattern, despite differing market conditions. The profitability of short-term holders has improved, and 47.4% of the BTC in loss belongs to long-term […]

Bitcoin drops over 3% in early October, contradicting expectations of a bullish ‘Uptober’. Recent gains from the US Fed’s rate cut have been mostly lost. Market expectations of further Fed easing are deemed unrealistic by BlackRock’s CEO. Geopolitical tensions impact Bitcoin’s performance, while traditional safe havens like gold and oil rise. Uh oh! It was […]

Altcoin season has been teased for a while now, but it’s business as usual for several prominent crypto ecosystems. A number of well-known projects are hosting big token unlocks in October, with modular blockchain Celestia leading the charge. Celestia is allocating over US $1b worth of TIA to early adopters, investors and community members, one […]

Bitcoin is entering a period of traditionally positive performance, according to the latest analysis from Cryptoquant and its researchers. However, for bitcoin to reach new highs, increasing demand will be crucial as current levels remain stagnant. ‘Demand Has a Lot of Room to Grow’ Cryptoquant‘s latest report highlights bitcoin’s strong historical performance during the fourth […]

After successfully listing Bitcoin and Ethereum exchange-traded funds (ETFs) on US exchanges, Bitwise is now moving towards creating an XRP ETF and has already registered a trust entity in the state of Delaware on Tuesday. An XRP ETF Trust The newly registered firm appeared on the US state’s Division of Corporations website, and Bitwise confirmed […]

What We’re Reading: Bitcoin: A Global Liquidity Barometer I have been intrigued by the significant increase in global liquidity during 2024, driven by extensive money printing and debt expansion, and how it impacts Bitcoin’s price.  Bitcoin is an expression against the government’s monetary expansionist policies, so its price follows global liquidity, as seen here on this […]

Crypto community experiencing intense selling pressure on Ethereum

Cryptocurrency prices October 2: BTC, ETH, SOL, and XRP prices tackle considerable volatility today, but EIGEN & FTT soar.

A prominent player in the crypto investment space is filing for a new digital asset exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC). According to a Fox Business Report, Bitwise Asset Management, the largest crypto index fund manager in the US, has filed to launch a spot ETF for XRP, the native […]

The head of digital assets at BlackRock, Robert Mitchnick, is reportedly saying that the spot Ethereum (ETH) exchange-traded fund (ETF) launched earlier this year by the global investment giant has attracted a lower volume of inflows relative to a similar Bitcoin (BTC) product. The business publication Fortune cites Mitchnick saying that inflows into BlackRock’s iShares […]

Once named the hottest new crypto, the Solana meme coin Bonk is back in the news after jumping nearly 50% over the past four weeks. In anticipation of a further meme coin breakout, Bonk fans are now turning to Raboo, expecting a similar trajectory to BONK’s early 2024 run. With this new AI meme coin’s […]

The meme coin market is in freefall, with big names like PEPE and DOGE falling by double-digits in the past 24 hours. But while most of these coins are struggling, one project stands out. Pepe Unchained (PEPU) continues to thrive – with its ICO closing in on the $17 million mark. Meme Coins Hit Hard […]

XRP price extended losses and tested the $0.5785 support level. The price is now attempting a fresh increase and facing hurdles near $0.620. XRP price declined further below the $0.6120 zone. The price is now trading below $0.6250 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at […]

In February 2024, the artificial intelligence company was valued at approximately $80 billion and has grown considerably since that time.