The U.S. Securities and Exchange Commission (SEC) says it needs additional time to decide on the crypto investment manager Grayscale's proposal to launch an XRP exchange-traded fund (ETF).
Short-term bitcoin holders have sold over 100,000 BTC since February.
The Cboe BZX Exchange proposed a rule change with the U.S. SEC on behalf of Invesco Galaxy seeking the approval for in-kind creation and redemption of Invesco Galaxy's Bitcoin and Ethereum ETF shares. The public has been invited to give feedback on the matter as the U.S. SEC reviews Cboe's proposed rule change.
The price of the third largest cryptocurrency, XRP, is showing some pretty positive action today, rising nearly 4% over the course of the trading session. Considering that this comes amid Bitcoin's rejection of the 200-day moving average and the price of the major cryptocurrency losing as much as 2.5%, the strength in XRP and increased buying activity is evident.
TL;DR Ripple has obtained a license to operate in the Dubai International Financial Centre (DIFC), making it the first blockchain-based payment company to receive authorization from the Dubai Financial Services Authority (DFSA).
Bitcoin, Ethereum, and XRP maintain their gains after a highly volatile session driven by the latest U.S. CPI report. The inflation data showed a slight decline, fueling expectations that the Federal Reserve may pivot sooner than expected.
The yellow metal has risen as stocks (and bitcoin) have crumbled over the past few weeks.
It is not every day that 200 million XRP - that is about $457.39 million - disappears from a Ripple wallet and mysteriously reappears somewhere. But that is exactly what happened today, when Whale Alert spotted it and sent the crypto community into a whirlwind of speculation, questions and theories.
Bitcoin (BTC) has been underperforming the bullish expectations of late 2024 throughout the first quarter (Q1) of 2025.
President Trump's Bitcoin reserve may prompt other governments to do the same, the CEO of Binance Richard Teng said.
Banking behemoth JPMorgan believes that the shares of Bitcoin miner IREN (IREN) could potentially surge by 70%, according to a recent report by CNBC. The stock has now been upgraded to overweight.
The competition for an XRP exchange-traded fund (ETF) is heating up as Franklin Templeton, a major Wall Street firm managing about $1.5 trillion in assets, moves forward with its application.
A national versus state bitcoin reserve sparks debate, with lawmakers assessing digital asset strategies for economic stability, debt management, and financial resilience. Texas leads state-level initiatives. The post US Strategic Bitcoin Reserve: Comparison of a National Versus State Offering appeared first on Cryptonews.
This is a segment from the Empire newsletter. To read full editions, subscribe.
U.S. authorities seized approximately 749 Bitcoin, valued at $62.5 million, tied to a Silk Road drug trafficking and money laundering operations, according to a March 12, 2025, Forbes report. Silk Road Legacy Continues: $62.5M Bitcoin Seized in Latest Crackdown The seizure, ordered by the U.S.
There is no one-way trend on the market today, according to CoinMarketCap.
Video-sharing platform Rumble has reinforced its treasury diversification strategy by making a deeper move into digital assets with a $17.1 million investment in Bitcoin.
Bitcoin just dropped 24% from its all-time high — what happens next? Analysts say BTC is “very close to its local bottom,” but could a Black Swan event send it crashing even lower?
Some cryptocurrency investors worry about data security in the future. Bitcoin (BTC 1.37%) owners often tout the largest coin's unchanging qualities as a major selling point.
TL;DR Bitcoin ETFs Rebound: March 12 saw a reversal with a net inflow of $13M, lifting cumulative inflows to $35.42B after a week of outflows. Divergent Fund Performance: Ark Invest & 21Shares' ETF led with an $82.6M inflow, while BlackRock's iShares Bitcoin Trust faced a $47M outflow amid mixed market sentiment.
Franklin Templeton has filed to launch an exchange-traded fund based on Ripple's XRP, joining Bitwise, Canary Capital, and others in the XRP ETF race. Franklin Templeton has filed to launch Ripple (XRP) ETFs, tracking its spot price minus fees.
An address associated with Ripple Labs has transferred $457 million XRP to an unknown wallet in a potential market-shifting move. While the movement has piqued the curiosity of analysts, there is speculation that it is connected to an SEC settlement.
It is not every day you see nearly a billion dollars' worth of Bitcoin (BTC) pack up and leave a major exchange without so much as a forwarding address, but that is exactly what happened earlier today with Kraken.
The cryptocurrency market is showing signs of recovery, with Bitcoin trading above $83,000. As Ethereum's value plummets by 60%, Solana rivals are gaining attention.
In a possible turning point for the XRP lawsuit, Fox Business journalist Eleanor Terrett reported on Wednesday that the US Securities and Exchange Commission (SEC) and Ripple might soon reach an agreement. “Two well-placed sources tell me that the SEC vs.
TL;DR Franklin Templeton seeks to expand its crypto offerings with the filing of an XRP-based ETF, reflecting the growing institutional interest in digital assets beyond Bitcoin and Ethereum. The XRP ETF will be listed on the CBOE BZX Exchange and will have Coinbase Custody as the asset custodian, providing greater accessibility for traditional investors.
TL;DR Solv has raised $10 million for its Bitcoin Reserve Offering (BRO), with the goal of building a $100 million BTC reserve. BRO aims to boost investment in BTC by deploying funds in yield-generating financial products, such as liquid staking tokens and real-world assets.
Bitcoin Magazine IATSE Local 728 Becomes First Private-Sector Union to Invest in Bitcoin IATSE Local 728 makes history by becoming the first private-sector labor union in the U.S. to invest in Bitcoin and hold it in self-custody, marking a bold step in financial security and labor empowerment. This post IATSE Local 728 Becomes First Private-Sector Union to Invest in Bitcoin first appeared on Bitcoin Magazine and is written by Nik.
The long-running legal battle between Ripple and the SEC may finally be reaching its end—but not in the way many expected. While both sides have fought for years, a recent discussion among legal experts suggests that a quiet settlement may already be in place, keeping the details hidden from public view.
The long-running legal tussle between Ripple and the US Securities and Exchange Commission (SEC) is dragging into overtime. The case is reportedly getting into a last-minute fight as both parties should be deciding over the terms.
Wall Street analysts have raised their recession predictions, a move that may affect Bitcoin and other popular altcoins like Shiba Inu, Dogecoin, Ripple, and Cardano.
Bitcoin (BTC) shrugged off gains at the March 13 Wall Street open as US inflation markers continued to fall. BTC/USD 1-hour chart.
Pro-XRP lawyer John Deaton has stated that it's irresponsible for financial advisors to recommend zero exposure to Bitcoin given the current prices.
Stablecoin activity surges as Bitcoin faces selling pressure, hinting at accumulation. On-chain data suggests Bitcoin's potential support lies between $71K–$91K.
Regulatory green light sets the stage for blockchain payment growth in the Middle East.
Bitcoin strengthens its hegemony in the crypto market, reaching a dominance of 61.2% according to recent data. This rise confirms the weariness of the recent altcoin rally, weakened by macroeconomic volatility.
The crypto market remains volatile, with the Pepe coin price crashing by over 75% from its highest level in December last year. This decline is happening as recession risks rise and the crypto fear and greed index remains in the red.
Ripple (CRYPTO: XRP) on Thursday announced it has secured authorization from the Dubai Financial Services Authority (DFSA) to deliver regulated cryptocurrency payment services within the Dubai International Finance Centre (DIFC), becoming the first entity of its kind to achieve this status in the region. What Happened: The decision comes as Ripple navigates a potential resolution to its long-standing legal battle with the U.S. Securities and Exchange Commission.
The cryptocurrency hovered around $83,000 this morning in the face of Canadian and European retaliatory tariffs against U.S. import fees on steel and aluminum.
Bitcoin's Sharpe ratio in decline as market volatility persist: is this a warning sign?
Chinese crypto journalist that covers everything to do with the blockchain and cryptocurrency spheres, Colin Wu, has reported that the CBOE BZX exchange based in Chicago has filed a submission to the SEC on behalf of Franklin Templeton to trade its XRP exchange-traded fund.
Bitcoins market dominance has surged to 62.5%, its highest level since March 2021, according to TradingView data. This increase highlights Bitcoins growing influence in the crypto market as investors shift toward the leading digital asset.
Bitcoin climbed 1.8% to $83,511 on Thursday, recovering from recent losses as softer-than-expected U.S. inflation data provided slight relief. However, gains were capped by ongoing fears of a U.S. recession and escalating trade tensions under President Donald Trump.
Ripple has received approval from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments and services in the UAE. This milestone makes Ripple the first blockchain-powered payments provider licensed by the DFSA.
Ripple has secured its first regulatory approval for payment services in the Middle East from the DFSA. With this license, Ripple becomes the first blockchain-based payment provider authorized to operate within the DIFC.
Bitcoin Miner IREN Upgraded to Overweight, Cipher Mining Cut to Neutral: JPMorgan
With on-chain metrics showing a 90% decline in payment volume, the recent market activity surrounding XRP has certainly been worrisome. Its short-term outlook is further clouded by the fact that this sharp decline occurs during a time of price volatility for the asset.
Bitcoin miners are adapting their business strategies as the continued trade war between the US and Canada makes energy prices and policies all the more uncertain.US President Donald Trump threatened to double his tariffs on steel and aluminum from 25% to 50%, leading the government of the province of Ontario to walk back its own plan to increase the cost of power exports to the US. Ontario Premier Doug Ford had promised to further increase the surcharge or even “shut off the electricity completely,” given further provocation.