The SEC has approved the T. Rowe Price Active Crypto ETF, allowing it to list and trade shares with an active strategy investing in 5 to 15 eligible cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). The fund can also use USDC stablecoin for operational purposes but not as a principal holding. This ETF aims for long-term growth using the FTSE Crypto US Listed Index as a benchmark, with daily portfolio transparency and trading safeguards in place. The approval marks a significant step in expanding regulated crypto investment options for U.S. investors.
On-chain data shows a transfer of 75 million USDT from a Binance-linked wallet to an external address on the Ethereum network. This large stablecoin outflow could indicate a significant client withdrawal, internal wallet management, or an institution...
Bitcoin's market capitalization has dropped to 15th place globally, valued at around $1.275 trillion and trading near $63,849. It now ranks below major technology companies like NVIDIA, Apple, Meta, Tesla, Samsung, and new public listing SpaceX. This...
Bitcoin briefly surged past $64,000 following U.S. President Donald Trump's announcement of a tentative peace deal with Iran, reaching a seven-day high of $64,349. However, Iranian officials quickly denied the agreement, causing volatility but not sh...
Bitcoin is maintaining a price around $63,000 driven by optimism over a potential US-Iran peace deal in the Middle East, which is boosting positive social sentiment. Despite recent liquidations of over 108,000 traders and significant outflows from Bi...
Bitcoin and Ethereum posted solid daily gains, with Bitcoin up 2.21% to $64,054.40 and Ethereum rising 2.57% to $1,684.08. This rally is driven by increased dominance of these large-cap cryptocurrencies, signaling investor preference for quality and ...
