Bitwise Files XRP ETF: A New Chapter in Crypto Investment
Bitwise has filed for an XRP ETF trust in Delaware, joining Grayscale in the XRP trust market. This move follows Ripple's partial win against the SEC, but approval for non-Bitcoin/Ethereum crypto ETFs remains challenging.
Karim Noun
Bitwise has filed for an XRP ETF trust in Delaware, joining Grayscale in the XRP trust market. This move follows Ripple's partial win against the SEC, but approval for non-Bitcoin/Ethereum crypto ETFs remains challenging.
Escalating Middle East tensions caused a crypto market crash, resulting in $489 million liquidations. Bitcoin fell 3%, while altcoins saw heavier losses. Gold and the US dollar surged as investors sought safe havens.
Karim Noun
Escalating Middle East tensions caused a crypto market crash, resulting in $489 million liquidations. Bitcoin fell 3%, while altcoins saw heavier losses. Gold and the US dollar surged as investors sought safe havens.
Niraj Antani, Ohio’s senator has proposed a bill to allow Bitcoin and digital assets payments for Tax purposes and enable state institutions to invest in cryptocurrencies
Karim Noun
Niraj Antani, Ohio’s senator has proposed a bill to allow Bitcoin and digital assets payments for Tax purposes and enable state institutions to invest in cryptocurrencies
Senator Lummis predicts SEC Chair Gensler's departure if Trump is elected, calls for clearer and more certain crypto regulations and commodity definitions.
Karim Noun
Senator Lummis predicts SEC Chair Gensler's departure if Trump is elected, calls for clearer and more certain crypto regulations and commodity definitions.
Bolivia's Crypto Market Booms Following Bitcoin Ban Reversal
Bolivia sees 141% increase in crypto transactions after lifting Bitcoin ban. Monthly trade volume reaches $15.6M, fostering economic modernization.
Karim Noun
Bolivia's crypto transactions more than doubled after lifting its Bitcoin ban in June. Monthly trade volume rose to $15.6M, with total Q3 transactions reaching $46.8M. The central bank sees this as a step towards economic modernization.
SEC Chair Clarifies Bitcoin's Status as non Security
SEC Chair Gary Gensler confirms Bitcoin is not a security, but criticizes the broader crypto industry for disregarding regulations. Ethereum's status remains ambiguous amid ongoing SEC scrutiny.
Karim Noun
SEC Chair Gary Gensler confirms Bitcoin is not a security, but criticizes the broader crypto industry for disregarding regulations. Ethereum's status remains ambiguous amid ongoing SEC scrutiny.
US Bitcoin ETFs collectively hold 916,047 BTC, nearing Satoshi Nakamoto's estimated 1.1 million BTC. BlackRock's IBIT leads with 358,080 BTC, as total ETF inflows reach $17.8 billion.
Karim Noun
US Bitcoin ETFs collectively hold 916,047 BTC, nearing Satoshi Nakamoto's estimated 1.1 million BTC. BlackRock's IBIT leads with 358,080 BTC, as total ETF inflows reach $17.8 billion.
Robbie Mitchnick states that Bitcoin is a risky but 'risk-off' asset. Furthermore, He argues Bitcoin's long-term price action is uncorrelated to traditional risk on assets, potentially offering an alternative in times of economic uncertainty.
Karim Noun
Robbie Mitchnick states that Bitcoin is a risky but 'risk-off' asset. Furthermore, He argues Bitcoin's long-term price action is uncorrelated to traditional risk on assets, potentially offering an alternative in times of economic uncertainty.