Bloomberg analysts continue to assign a 95% probability to the approval of an XRP exchange-traded fund (ETF), even as broader market sentiment indicates a drop in approval odds to 66% following a dissenting vote by SEC Commissioner Caroline Crenshaw. Crenshaw… Read More »Bloomberg Analysts Maintain 95% Confidence in XRP ETF Approval Despite SEC Commissioner’s Dissent
The long-running legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. has reached a formal conclusion, solidifying the key findings of a previous court ruling. The settlement brings definitive closure to the litigation concerning the… Read More »SEC and Ripple Conclude Landmark XRP Legal Dispute, Finalizing 2023 Securities Classification
The U.S. Securities and Exchange Commission (SEC) has granted approval for in-kind transactions across spot Bitcoin and Ethereum exchange-traded funds (ETFs), a move set to significantly enhance operational efficiency and reduce costs. This approval allows authorized participants (APs) such as… Read More »SEC Approves In-Kind Transactions for Bitcoin and Ethereum ETFs, Boosting Efficiency
The U.S. Securities and Exchange Commission has approved in-kind redemption for Bitcoin and Ethereum exchange-traded funds (ETFs), significantly altering previous cash-only redemption requirements. This decision enables authorized participants to directly exchange ETF shares for corresponding Bitcoin or Ethereum assets rather… Read More »SEC Approves In-Kind Redemption for Bitcoin and Ethereum ETFs to Enhance Market Efficiency
Bitcoin experienced a moderate 2% price decline, settling near $115,500, with its Relative Strength Index (RSI) cooling to 66. This technical indicator points to stable market conditions without excessive overheating. Though a breakdown from a short-term descending triangle pattern initially… Read More »Bitcoin Correction Highlights Market Stability Amid Long-Term Bullish Trend
Ripple’s XRP holds potential to surpass its January 2018 all-time high of $3.84, contingent upon sustained positive momentum in the altcoin market, continued shifts in Bitcoin dominance, and favorable regulatory developments. Technical indicators currently support a cautiously optimistic outlook. XRP… Read More »XRP Eyes Potential Breakout Above 2018 High Amid Shifting Market Conditions
Traditional corporations including Nature’s Miracle, Upexi, and Kitabo have adopted Bitcoin and alternative cryptocurrencies in their treasury management strategies to hedge against inflation and address liquidity concerns. This move signals a shift toward diversification beyond conventional assets despite ongoing market… Read More »Traditional Firms Integrate Bitcoin, Altcoins into Treasury Strategies Despite Market Volatility
The United States Congress has achieved a significant milestone in cryptocurrency regulation with President Trump signing the GUARANTEED RESERVE FOR STABLECOINS (GENIUS) Act into law. The GENIUS Act, which establishes comprehensive rules for stablecoin oversight, secured bipartisan approval in the… Read More »US Congress Advances Landmark Crypto Regulation as GENIUS Act Becomes Law
FTX management has formally requested a delay in repaying approximately $470 million owed to creditors across multiple foreign jurisdictions, according to a filing in Delaware State Court. The motion highlights legal complications in regions with ambiguous or restrictive cryptocurrency regulations… Read More »FTX Seeks Court Extension for $470 Million Foreign Creditor Repayments Amid Regulatory Complexities
Cardano’s development company, Input Output Global (IOG), has commissioned an audit to address and refute recent allegations claiming the illicit acquisition of $600 million worth of ADA tokens during the Cardano blockchain’s Allegra hard fork event in 2021. IOG and… Read More »Cardano Initiates Audit to Debunk $600M ADA Theft Claims Amid Bullish Market Conditions
Recognizing the transformative potential of distributed ledger technology, authorities are emphasizing the critical need to foster innovation and adoption across diverse blockchain applications. Policy measures focused on monitoring developments within the cryptocurrency sector are being actively considered. These initiatives are… Read More »Policy Support and Blockchain Innovation Emphasized Amid Crypto Market Developments
Market analysts forecast that XRP could achieve a price target of $15 by 2026, driven by regulatory progress, institutional adoption, and the expansion of RippleNet infrastructure. This projection follows renewed market confidence stemming from the resolution of Ripple Labs’ legal… Read More »Analysts Project XRP Could Reach $15 by 2026 Fueled by Regulatory Clarity and Partnership Growth
US Bitcoin spot exchange-traded funds (ETFs) have achieved unprecedented inflow levels, surpassing $1 billion in recent weeks. This milestone reflects surging institutional confidence and coincides with Bitcoin’s significant price appreciation. The cryptocurrency has risen approximately 39.37% over 90 days, reaching… Read More »US Bitcoin Spot ETFs Surpass $1 Billion Inflows Amid Bitcoin Price Rally
India is evaluating a landmark proposal to establish a national Bitcoin reserve, signaling potential regulatory evolution despite the absence of a comprehensive cryptocurrency framework. A senior member of the ruling Bharatiya Janata Party recommended the strategic initiative, positioning it as… Read More »India Explores National Bitcoin Reserve Amid Regulatory Uncertainty
Coinbase and multiple cryptocurrency advocacy groups are intensifying efforts to secure U.S. House approval for the CLARITY Act, legislation designed to establish definitive regulatory guidelines for digital assets. The coalition, including the Stand With Crypto Alliance and over 65 additional… Read More »Crypto Industry Urges House Passage of CLARITY Act to Define Regulatory Framework
Cryptocurrency advocacy group Stand With Crypto has formally called on the U.S. House of Representatives to accelerate passage of the Digital Asset Market Clarity Act, urging lawmakers to prioritize establishing clear regulatory guidelines for digital assets. The group emphasized that… Read More »Stand With Crypto Urges Expedited Approval of Digital Asset Market Clarity Act in U.S. House
Bitcoin has established a new benchmark for market strength, achieving an unprecedented weekly closing price of $109,200. The highest-ever finish to a trading week signals significant confidence among investors and traders, suggesting sustained positive momentum within the cryptocurrency space. Analyst… Read More »Bitcoin Hits Record Weekly Close at $109,200, Signaling Strong Market Confidence
OKX CEO Star Xu has publicly acknowledged that false positive flags in compliance systems remain a persistent industry challenge, incorrectly identifying legitimate users which negatively impacts trust and user experience in the cryptocurrency sector. False positives occur when compliance mechanisms… Read More »OKX CEO Admits Compliance False Positives Remain Industry Challenge
XRP shows signs of potential significant upside momentum, with technical analysis pointing towards a move to $2.65 amid Ripple Labs’ ongoing application for a US banking license. Technical indicators reveal a bullish recovery, with XRP rebounding from the 20-day Exponential… Read More »Ripple’s U.S. Banking License Pursuit Sparks Bullish XRP Forecast
Ripple Labs is pursuing formal banking recognition through an application for a federal banking charter in the United States. This strategic move positions the cryptocurrency firm alongside other digital asset companies engaging with traditional financial regulatory frameworks. The licensing effort… Read More »Ripple Files for U.S. Banking License Amid Industry Regulatory Push