Bitcoin climbed above $66,500 for the first time since July, driven by three key catalysts: the SEC's new Regulation Crypto Assets proposal easing fundraising rules, the US Treasury's increased bond buybacks boosting liquidity, and a high-level meeting between the White House and crypto executives to advance crypto legislation. These developments sparked a reversal in institutional ETF flows, with significant inflows into Bitcoin ETFs, signaling strong institutional confidence. Technical analysis confirms a bullish trend, suggesting sustained momentum for Bitcoin amid improving regulatory clarity and market support.
XRP has been stuck below a resistance zone of roughly $1.50 to $1.60 for months. Analysts suggest that breaking above this level could make reaching $2 an easy next step. Additionally, some forecasts tie a return above $2 to a possible cycle peak bet...
Cryptex Finance's proposed Digital Market Cap ETF maintains XRP at 4.41% of its portfolio according to its sixth pre-effective amendment filed on Oct. 23. This allocation remains unchanged from earlier filings in September. The ETF aims to track the ...
Ripple is hosting its largest Swell conference yet in New York from October 27–29, expecting over 1,500 attendees and featuring 100+ speakers including executives from CME, BNY, Robinhood, and others. The event will focus on institutional blockchain ...
Ether (ETH) holds the largest share of long accounts among five major cryptocurrencies at 75.9%, followed closely by XRP at 75.7%. All five markets show more long than short accounts, with Ether also having the highest positive funding rate of 0.0049...
David Schwartz, Ripple's CTO emeritus, explained that the XRP Ledger's value flow is driven by its low transaction fees and reliable operation. XRP captures some of this value due to its unique role as the only counterparty-free asset on the ledger a...
