Author: Digicoinvision
Industry experts believe that BlackRock could soon file to launch an XRP exchange-traded fund, following the latest resolution in Ripple’s legal battle with the U.S. SEC. Summary BlackRock may file for an iShares XRP ETF following Ripple’s case closure with the SEC. Grayscale, Bitwise, 21Shares and four other firms are seeking to launch an XRP ETF. Analysts have placed approval odds for an XRP ETF at 95%, with a launch expected in the second half of the year. In a X post on Aug. 8, former ETF Store president Nate Geraci suggested that BlackRock may have been waiting for legal…
Ether saw the largest short position wipeout of the day across all crypto assets on Friday as its price surpassed $4,000, with some analysts saying it could be setting the stage for a short squeeze.The rally led to Eric Trump, son of US President Donald Trump, taking a jab at bearish traders.$4.1K is now key for the “short squeeze,” says trader“It puts a smile on my face to see ETH shorts get smoked today. Stop betting against BTC and ETH – you will be run over,” Trump said in an X post on Friday.On Friday, approximately $105 million in Ether…
Bitcoin price maintained its position above $115,000 on Friday as Binance, the world’s largest Bitcoin and crypto exchange, partners with Spain’s BBVA bank to provide third-party custody services, marking a significant step toward institutional-grade security. The partnership enables Binance customers to store their assets in U.S. Treasury securities held by BBVA, Spain’s third-largest bank, which the exchange will accept as margin for trading. This arrangement effectively separates trading activities from asset custody, providing an additional layer of security for investors concerned about exchange risk. The move comes as Binance continues to rebuild trust following its $4.3 billion settlement with U.S.…
Join Our Telegram channel to stay up to date on breaking news coverage Live Crypto News: Stay Ahead With The Latest Updates The XRP price surged 11% after its legal battle with the SEC ended, Donald Trump signed an executive order that opens crypto to 401(k) pensions, and Michael van de Poppe predicts a 200% to 500% altcoin pump. Follow more live updates below. Join Our Telegram channel to stay up to date on breaking news coverage
XRP is surging into corporate balance sheets as landmark regulatory clarity ignites global adoption, driving massive treasury commitments and signaling a powerful shift in institutional crypto strategy. Corporate Giants Accelerate XRP Adoption Amid Landmark Regulatory Clarity Amina Bank published its latest Crypto Market Monitor report on Aug. 8, detailing the rise of crypto treasury companies […]
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum is trading above the $3,850 mark after staging a swift rebound from its recent correction, signaling renewed bullish momentum. The recovery has been fueled by strong buying interest, with market sentiment improving as price action tilts in favor of the bulls. Many analysts are now calling for a breakout above the $4,000 level in the coming sessions, a move that could set the stage for multi-month highs. Institutional adoption continues to strengthen Ethereum’s position, as more companies and funds integrate ETH into their portfolios. Meanwhile, network…
Key Takeaways The weekly price chart of Solana revealed that the altcoin was likely to rally to $300 after testing the 2024 lows just under $120. On the way higher, the $183, $200, and $225 levels could pose stern resistance to SOL bulls. The first attempt to scale the $200 resistance since February was a failure. Solana [SOL] bulls tried to establish a foothold, but were denied, and SOL fell 20.19% in price to the swing low at $155.83. This was nearly a week ago, on the 2nd of August. Since then, Solana has followed Bitcoin [BTC] and Ethereum [ETH]…
XRP is surging into the spotlight as institutional demand accelerates, with SBI positioning for gold-and-crypto ETF ambitions amid mounting speculation and growing anticipation for Japan’s regulatory approval. SBI Builds XRP Ecosystem Ahead of Japan’s Potential Approval for Crypto Asset ETFs Rising institutional interest in XRP, coupled with growing market speculation over potential exchange-traded funds (ETFs) […]
A fresh debate in the crypto space has emerged over whether the cost of production significantly impacts the XRP price and the value of Bitcoin (BTC). Market expert CrediBULL Crypto has outlined how these costs influence XRP’s value compared to Bitcoin, concluding that both cryptocurrencies follow the same pricing formula. XRP Price Formula Mirrors That Of Bitcoin A recent discourse on X social media has reignited discussions on whether production costs play a decisive role in determining the prices of cryptocurrencies. CrediBULL Crypto weighed in, explaining that both Bitcoin and XRP follow the same fundamental pricing model, where the cost…
The $4,000 level has remained elusive for Ethereum even after rallying 40%+ in the months of May and July. The fact that the altcoin has been unable to clear this level points to this being the resistance to beat if Ethereum is to continue its uptrend. It also shows that there are forces keeping the altcoin from breaking this $4,000, and one market expert has attributed this to hedge funds, who have a unique interest in holding the price below $4,000. What Ethereum Above $4,000 Means For Options Traders In an X post, trader and market analyst Glen Goodman unveiled…