While Grayscale’s application to the SEC to convert its XRP Trust into a spot XRP ETF excited XRP investors, a new move also came from Purpose Investments, which manages $23 billion in assets. Accordingly, Canadian asset management company Purpose Investments is preparing to launch the world’s first Ripple (XRP) spot ETF. At this point, the … Read more
Less than 24 hours after first rolling out its Dogecoin Trust, Grayscale shot their shot with the SEC to convert it into an ETF. As Cryptopolitan reported, the company had said at first that they were gonna wait until SEC chair nominee Paul Atkins gets confirmed by the Senate next week. But it seems like … Read more
Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block any further extension of European Union sanctions against Russia if … Read more
SBF’s political donations and recent conviction complicate his chances of receiving a pardon from Trump. Despite efforts, SBF’s odds for clemency remain low due to legal, political, and timing challenges. Sam Bankman-Fried (SBF), the founder of the now-defunct crypto exchange FTX, may have a long road ahead if he hopes for a presidential pardon. After … Read more
ECB’s Lagarde has said that BTC isn’t liquid, safe, and full of crime to be considered a reserve. But Bitwise’s Andre Dragosch has debunked these allegations. The crypto community has criticized Christine Lagarde, the president of the European Central Bank, for her opposition to a Bitcoin[BTC] reserve among member countries. In a recent presser, Lagarde stated, … Read more
Grayscale’s recent submission for an XRP ETF on the New York Stock Exchange has sparked significant excitement among cryptocurrency enthusiasts. With several asset managers now vying for a position in the XRP ETF race, speculations are rife about whether BlackRock will enter this competitive arena. FOX journalist Eleanor Terrett has indicated that further ETF filings … Read more
Amid the influx of new crypto ETF filings in the United States, asset management firm 21Shares has filed to launch a spot Polkadot ETF.
Bitcoin (BTC) has regained the $105,000 level after a severe market correction earlier this week drove it down to as low as $98,500. The world’s leading cryptocurrency has recovered since trading at $105,121. Major altcoins such as Ripple’s XRP also tumbled but have regained many of their losses. Bitcoin (BTC) Leads the Surge Bitcoin (BTC), … Read more
Microstrategy is doubling down on bitcoin, raising over $563 million through preferred stock. With 423,650 BTC already, Saylor envisions a $13 million price future. Microstrategy’s Latest Funding Play Sets Up Its Next Big Bitcoin Move Software intelligence firm Microstrategy Inc. (Nasdaq: MSTR) has announced the pricing of 7.3 million shares of its 8.00% Series A … Read more
Recent analysis by the prominent figure CredibleCrypto has shed light on encouraging trends for Bitcoin and Ethereum, the two leading cryptocurrencies by market capitalization. This assessment highlights a period of horizontal consolidation for Bitcoin, which has persisted for over six weeks, marked by several positive indicators. Key elements such as a 20% reduction in open … Read more