Franklin Templeton, Bitwise, and Canary Capital have all filed up to date S-1 registration statements with the Securities and Exchange Commission (SEC) in current days, intensifying the race to launch the primary U.S. spot XRP exchange-traded fund (ETF). The filings, posted between October 31 and November 4, counsel issuers are eyeing mid-November for potential launches….
The world’s largest crypto by market capitalization has failed to remain inside its consolidation vary between $106,000 $116,000 as shopping for energy wanes, based on Bitfinex Alpha. The value motion is demonstrating little conviction from the bulls, resulting in a decline in investor confidence and sentiment. The crypto asset briefly climbed to $116,000 final week,…
Digital asset funding merchandise recorded outflows of $360 million final week regardless of the market not too long ago digesting one more US rate of interest minimize. The promoting strain wasn’t pushed by the speed minimize itself, however by how buyers learn Fed Chair Jerome Powell’s language on the post-FOMC press convention. Powell made it…
Bitcoin’s liquidity is drying up as the continuing U.S. authorities shutdown enters its second month, freezing federal flows and rattling crypto costs. This fiscal gridlock is forcing a serious shift in investor habits, shifting capital towards the perceived security of stablecoins and away from extra unstable digital property. On-Chain Data Points to Defensive Moves Analysis…
The crypto market crash continues in full drive, led by BTC’s temporary dip beneath $100,000 for the primary time since June and ETH’s huge nosedive. In truth, the second-largest cryptocurrency has now turned damaging for the yr as it dropped beneath $3,300 to mark a brand new multi-month low. BREAKING: Ether falls beneath $3,400 and…
Wintermute CEO Evgeny Gaevoy has publicly denied one of many loudest and most persistent rumors that has been circulating for the reason that October 10 liquidation shock – that the cryptocurrency market-making agency is making ready to sue Binance. Posting on X this week, Gaevoy reiterated that Wintermute “by no means had plans to sue…
Economist Peter Schiff has as soon as once more sparked controversy by criticizing U.S. President Donald Trump’s current endorsement of digital property. The famend gold bug alleged that the administration is prioritizing speculative schemes over real financial innovation. Schiff Slams Trump’s “Crypto Capital” Vision Schiff’s remarks got here after Trump reiterated his “100% help” for…
Ripple has introduced the acquisition of Palisade, a digital asset pockets and custody supplier. The newest transfer expands the corporate’s custody capabilities past banks and monetary establishments to a wider buyer base, together with fintechs, corporates, and crypto-native corporations. Palisade gives a “wallet-as-a-service” product designed for high-speed transactions and speedy integration into current workflows. Its…
Stream Finance’s staked stablecoin, XUSD, misplaced its peg early Tuesday, falling by greater than 60% after the DeFi protocol disclosed that an exterior fund supervisor had misplaced roughly $93 million in managed belongings. The occasion shook the DeFi circles, inflicting XUSD to plummet to a brand new all-time low of $0.30, based on knowledge from…
New knowledge has revealed a steep drop in exercise from small-scale Bitcoin (BTC) traders on main buying and selling platforms, with Binance experiencing an 80% collapse in every day deposits from this group since early 2023. Some market watchers are seeing the shift as a elementary change in market construction, the place conventional retail participation…