The Cboe BZX Exchange has filed Form 19b-4 with the U.S. Securities and Exchange Commission (SEC), seeking approval to list and trade spot XRP exchange-traded funds (ETFs). The filings cover ETFs proposed by asset managers Bitwise Investment, 21Shares, Canary Funds, and WisdomTree. In a significant development, Grayscale has also submitted
Asset manager VanEck has significantly revised its Solana (SOL) price outlook, now predicting that SOL will surge to $520 by the end of 2025. This update follows the firm’s reassessment of Solana’s growth potential within the smart contract platform (SCP) market. VanEck’s New Solana Target Driven by SCP Expansion In
As the day opened, the crypto market exhibited a blend of signals. Bitcoin and Ethereum were unable to recover their losses, while Ripple’s XRP dropped over 3.41%. XRP price confronted heavy volatility with a potential death cross formation. The asset attempted to form new highs but faced resistance and remains
Sweden-based digital asset manager Virtune has expanded its crypto investment offerings with the launch of a Cardano (ADA) exchange-traded product (ETP) in Finland. The Virtune Staked Cardano ETP was officially listed on the Nasdaq Helsinki Stock Exchange under the ticker VIRADAE, with trading commencing on February 5, 2025. Virtune Staked
Solana is grappling with the $200 psychological level as the broader crypto market rebounds to a $3.24 trillion valuation. Despite a 1.12% drop in the last 24 hours, SOL’s price structure suggests a potential bullish reversal, with its sights set on reclaiming a $100 billion market cap. Double-Bottom Reversal in
XRP has bounced back 13% in the past 24 hours, rallying alongside the broader cryptocurrency market after a period of decline. The recent downturn was triggered by concerns over Donald Trump’s proposed tariffs on Canada, Mexico, and China. However, with Trump agreeing to delay tariffs on Canada and Mexico for
Cardano (ADA) has faced a price drop, falling 22% over the past four days. While this decline might seem bearish, on-chain data and technical indicators suggest it could be an opportunity for long-term investors. Historical trends indicate that such drops often precede major recoveries, and ADA may be nearing a
Following a sharp downturn after Trump’s new tariffs, the crypto market has bounced back. The largest asset, Bitcoin (BTC), has risen to $102K, while Cardano (ADA) has gained over 17.63% in the last 24 hours. Despite this short-term recovery, ADA’s momentum remains uncertain, with technical indicators exhibiting ambiguous signals. In
XRP faced a major crash, dropping below $3 for the first time since mid-January, touching $1.76 before rebounding. The broader crypto market also suffered, with over $2.2 billion in liquidations, marking the worst sell-off since FTX’s collapse. The crash stemmed from growing fears of a trade war after U.S. President
With Trump’s new tariffs system imposed on Canada, Mexico, and Chain, global financial markets are in turmoil. Being an extremely sensitive market, crypto is also witnessing significant price crashes followed by billions-worth crypto liquidations in the past 24 hours. While Bitcoin fell by around 5%, major altcoins such as Ether,
