By The Numbers: First Spot XRP ETF Achieves Record Launch Amid 900 Competitors
Canary Capital's XRP ETF made a historic debut on Thursday, surpassing its competitors by hitting $58 million in trading volume on its first day, setting a record for the most traded ETF launch this year. This milestone was lauded by Bloomberg expert Eric Balchunas on the social media platform X (formerly Twitter), underlining the remarkable success of the XRP ETF in the market.
Study: Bitcoin Wins Support From Both Parties When Messaging Aligns With Their Values
Bitcoin can find support across America's political divide when framed through the lens of each party's core beliefs.
Wrapped Bitcoin Goes Live on Hedera, Unlocking Institutional-Grade BTC Liquidity
<b>Wrapped Bitcoin Goes Live on Hedera, Unlocking Institutional-Grade BTC Liquidity</b> 🟢 Sorce:<a href='https://blockonomi.com/wrapped-bitcoin-goes-live-on-hedera-unlocking-institutional-grade-btc-liquidity/'>Blockonomi</a>
Bitcoin Sentiment Crashes While Gold Rallies
While precious metals regain ground and Washington avoids budget paralysis, the crypto ecosystem wavers. Investor sentiment collapses, reaching its lowest level since March.
First Spot XRP ETF Smashes Initial Expectations, Expert Suggests Record-Breaking Debut
Canary's spot XRP Exchange-Traded Fund (ETF) has surpassed most of the experts' predictions, and it is currently on track to see a record-breaking debut after registering strong institutional demand on its first day. Related Reading: Winklevoss Twins Back Zcash (ZEC) Treasury Company With $58M Investment First Spot XRP ETF Begins Trading On Thursday, the first single-token XRP spot ETF began trading on Nasdaq, smashing the initial performance expectations of multiple experts after clearing the last regulatory hurdles this week.
XRP ETF Fails to Bump Bulls as Ripple-Linked Token Plunges 7.3% Amid BTC Selloff
Support/Resistance:• $2.29–$2.30 becomes primary support after breach of psychological floor• Former support at $2.36, $2.40, and $2.47 now act as stacked resistance• Invalidation for bulls requires a decisive reclaim of $2.36
What's Driving Bitcoin's Dip Below $100,000?
Investors retreated across risk assets on Thursday as Bitcoin's slide hints at fading demand and heavier long-term holder selling.
Anchorage Digital receives $405M in Bitcoin from major institutions in sign of renewed accumulation
Institutional Bitcoin accumulation signals growing confidence in crypto's long-term value, potentially stabilizing market volatility. Anchorage Digital receives $405M in Bitcoin from major institutions in sign of renewed accumulation.
Stay calm: Bitcoin whales are selling, but it's no ‘sudden exodus'
Analysts at Glassnode argue that the recent wave of Bitcoin whale sales is a typical part of a late-stage crypto cycle when older hands take profits. ⚪ Sorce:<a href='https://cointelegraph.com/news/bitcoin-whales-selling-could-mean-late-cycle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound'>Cointelegraph</a>
Ethereum Sheds 5% Amid Market Pullback, Raising Risks of Deeper Correction
Ethereum price failed to stay above $3,350 and extended losses. ETH is down over 5% and might struggle to recover above $3,450 in the near term.
Bitfarms Will 'Wind Down' Bitcoin Mining and Pivot to AI After $46 Million Loss
Bitcoin miner Bitfarms will end its Bitcoin operations in the coming years, shifting focus to providing infrastructure for growing AI demand.
Bitcoin Drops Under $100K as Risk Appetite Fades in Crypto Markets
Bitcoin price failed to recover above $104,000. BTC is down over 4% and there are chances of more downsides below $98,000.
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