The SEC issued Order No. 34-106268 approving XRP and Solana as digital commodities alongside Bitcoin and Ether, allowing actively managed crypto ETFs to hold up to 15% of assets in these coins. This regulatory clarity sparked a $566.9 million short squeeze, liquidating over 105,000 traders in 24 hours and boosting the crypto market cap to $2.711 trillion. Institutional interest surged with Bitcoin and Ethereum ETFs seeing significant inflows, while privacy coin Zcash jumped 20% amid AI-related privacy concerns. The market awaits the Senate's CLARITY Act vote on Sept. 15, which could further solidify crypto regulation.
Cryptocurrencies XRP, Zcash, Hyperliquid (HYPE), and Shiba Inu (SHIB) have declined from their late-September highs as of October 12, with prices approaching critical support levels. XRP dropped from about $1.66 to near $1.395, with support at $1.35 ...
Bitcoin's price increased by 0.71% to $83,643 while the overall cryptocurrency market capitalization fell by 2.96% to $2.81 trillion. Other major cryptocurrencies like Ether, XRP, BNB, Solana, and Dogecoin also saw modest gains. Bitcoin continues to ...
The XRP Ledger saw a rapid increase in AI-powered autonomous payments, rising from 1 million transactions in July to 13.49 million in October across 168 merchants. Despite this surge, the total value transferred remains low, indicating most transacti...
A snapshot of seven crypto communities on Sept. 28 revealed XRP topped social engagement with 13.1 million interactions and 3.2% social dominance, supported by a large Discord and X (Twitter) following. Chainlink ranked second with 6 million engageme...
XRP's price fell below the key $1.44–$1.45 support level, increasing the risk of further declines toward $1.32 or $1.34. Despite this, accumulation among buyers is strong, reaching a score of 100, indicating renewed interest. However, momentum remain...
