Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETF
Ripple’s Garlinghouse Anticipates XRP ETF Rollout in 2025, Defying Market Skepticism
Ripple CEO Brad Garlinghouse expressed confidence in the imminent launch of XRP ETFs, suggesting that their introduction is “inevitable” and expected in six months. Garlinghouse attributed the U.S. SEC’s recent openness to crypto spot ETFs, including the approval of Ethereum ETFs. As the crypto market prepares for the launch of the spot Ethereum ETF, other altcoin players are not shying from proposing the idea of having an ETF. In his recent interview with Fox Business, Ripple CEO Brad Garlinghouse expressed…
1 year ago
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ETFSpeculations Prevails Over Next ETF, Rollblock Races Towards Presale Stage 4
The post Speculations Prevails Over Next ETF, Rollblock Races Towards Presale Stage 4 appeared first on Coinpedia Fintech News After Ethereum’s spot ETF approval, analysts have been speculating on the next crypto ETF. The BKCM CEO, Brian Kelly has forecasted that Solana could be the next crypto with a spot ETF. While Solana faces major regulatory hurdles, other experts like Adam Cochran see currencies like Litecoin as the next crypto ETF due to its simple regulatory profile. Meanwhile, Rollblock (RLBK)…
1 year ago
Ripple CEO Brad Garlinghouse Predicts XRP ETF and Price Boom to Come in 2025 After Regulatory Hurdles are Solved
Ripple CEO Brad Garlinghouse has reiterated his belief that XRP spot ETFs are inevitable and will probably hit the market by next year. He stated that investors always want to spread the risk and diversify their investment and that with Bitcoin and Ethereum now within reach, they will wish to access other cryptos like Solana and XRP. At the Consensus conference in Texas a week ago, Brad Garlinghouse told the audience that XRP spot ETFs are inevitable and that the…
1 year ago
83M XRP Transfers: Whales React to Ripple CEO’s ETF Remarks
Whale movements highlight investor confidence amid Ripple’s legal battles and market fluctuations. Brad Garlinghouse’s ETF comments spark speculation and market reactions for XRP. The cryptocurrency world is quite optimistic after Ripple CEO Brad Garlinghouse made some remarks about an XRP ETF recently, following reports from Crypto News Flash. Investors are abuzz with the noteworthy movements of almost 83 million XRP coins by big holders, or whales, which corresponds with this spike in interest. Whale Activity Amid Market Speculations Up to…
1 year ago
Ethereum Bulls Target $5K Rally in June 2024, Driven by ETF Approvals and Shrinking Supply
Ethereum gained 4% over the weekend to trade above $3,800 but remains stuck below this level, with ETH bulls targeting a rally to $5,000 in June, driven by ETF demand and the consequent shrink in supply. Ether bulls have been withdrawing ETH from exchanges en masse for two weeks now in anticipation of a price boost from the looming launch of Ethereum ETFs. Ethereum started the month on a high, gaining close to 4% over the weekend to peak at…
1 year ago
Anticipating the Next ETF: Rollblock (RBLK) Solana (SOL) and Polygon (MATIC) Lead the Charge
The anticipation of the next ETF has caused a significant market shift, with coins such as Solana preparing for a rally despite its current challenges. Polygon, on the other hand, is looking to break past its vital resistance level as Rollblock records an impressive second-stage presale, raising over $670K while eyeing the $1M mark. Moreover, Rollblock is also set to record a price surge in its upcoming third-stage presale, standing out as the best coin to invest in. Rollblock (RBLK)…
1 year ago
Expert Predictions: Crypto Market Boom with Ethereum Spot ETF Launch
The post Expert Predictions: Crypto Market Boom with Ethereum Spot ETF Launch appeared first on Coinpedia Fintech News Anticipation is high as the introduction of Ethereum spot ETF trading is set to transform the market. Analysts suggest that this development could trigger a significant market surge. The current bullish trend adds more excitement to the mix. Experts are closely watching the potential impact and opportunities that this launch might bring. Investors and enthusiasts are keen to see how this event…
1 year ago
Breaking: Thailand Joins Global Trend with Approval of First Spot Bitcoin ETF
The post Breaking: Thailand Joins Global Trend with Approval of First Spot Bitcoin ETF appeared first on Coinpedia Fintech News The Thailand Securities and Exchange Commission (SEC) has approved the first spot in the Bitcoin exchange-traded fund (ETF). The Thai SEC has given One Asset Management (ONEAM) the green light to offer spot BTC ETF only to wealthy and institutional investors. The One Bitcoin ETF fund will invest in up to eleven global funds to guarantee asset safety and liquidity.…
1 year ago
BREAKING: Wisconsin Pension Plan Poised for Larger Bitcoin ETF Investment: Can it Propel BTC Price to New ATH?
Wisconsin’s pension system invests $164 million in Bitcoin ETFs, signaling strong institutional confidence. Investment may boost Bitcoin’s price, stirring interest on whether new all-time highs are achievable. Following an earlier CNF update, the Wisconsin State Investment Board’s (SWIB) purchase of Bitcoin has been recognized as a major step towards institutional adoption of cryptocurrencies. The SWIB has now invested a substantial $164 million in Bitcoin Exchange-Traded Funds (ETFs), specifically BlackRock’s iShares Bitcoin Trust (IBIT) and Grayscale’s Bitcoin Trust (GBTC), as revealed…
1 year ago