Ethereum (ETH) price has encountered a setback after briefly surpassing the $3,500 mark on Monday, dropping once again to the $3,400 support level on Tuesday. The delay stems from the expected full approval by the SEC for Ethereum ETF applications, which have now been postponed to July 8. SEC Requests Revised Filings Analysts had initially
0 Comments
Crypto trader Duncan has explained why he is “extremely long” on Ethereum (ETH) despite the crypto token’s recent drop to around $3,400. He emphasized the Spot Ethereum ETFs, which he believes could spark a significant rally for ETH. A ‘Significant Upside Repricing’ Could Be On The Horizon ForTHEEthereum Duncan mentioned in an X (formerly Twitter)
0 Comments
As the highly anticipated launch of the first spot Ethereum ETFs in the United States nears, experts are predicting a significant price appreciation for the second-largest cryptocurrency in the market. Ethereum ETFs On The Horizon According to a recent Reuters report, the US Securities and Exchange Commission (SEC) could approve Ethereum ETFs as soon as
0 Comments
An attorney has provided insights on the impending court judgment from the United States Securities and Exchange Commission (SEC) concerning its lawsuit against Ripple. As the legal battle finally appears to be approaching its end, the attorney has outlined how the potential judgements could impact Ripple’s reputation and digital asset operations in the United States
0 Comments
In a significant development for the cryptocurrency market, asset managers are eagerly preparing for the launch of new spot Ethereum ETFs, pending approval from the US Securities and Exchange Commission (SEC).  Bitwise Chief Investment Officer (CIO) Matt Hougan has weighed in on the potential of these ETFs, predicting substantial inflows into the regulated market within
0 Comments
A crypto analyst has predicted that cryptocurrency payments company, Ripple could be the next high-valuation company, similar to Amazon and Facebook. This prediction comes as XRP witnesses poor performance amidst market volatility and Ripple’s ongoing court battle with the United States Securities and Exchange Commission (SEC).  Analyst Predicts Ripple Emerging As Billion-Dollar Start-Up The host
0 Comments
Ripple’s CEO, Brad Garlinghouse, has unveiled a significant leap forward in the world of blockchain and digital currency by announcing partnerships with 10 governments to develop Central Bank Digital Currencies (CBDCs). These collaborations aim to harness Ripple’s blockchain technology for the creation and management of government-issued digital currencies, signaling a noteworthy advance in the integration
0 Comments
Ripple, known for its enterprise blockchain solutions, and Archax, the UK’s first Financial Conduct Authority (FCA) regulated digital asset exchange, broker, and custodian, have announced a significant extension to their partnership. This extension aims to tokenize hundreds of millions of dollars of real world assets (RWAs) using the XRP Ledger (XRPL), positioning XRPL as a
0 Comments
XRP price extended losses and traded below the $0.50 zone. The price tested the $0.4700 zone and is currently attempting a short-term recovery wave. XRP is slowly moving higher from the $0.470 support. The price is now trading below $0.4850 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend
0 Comments
Ripple has officially finalized its acquisition of Standard Custody & Trust Company, a regulated entity providing high-grade digital asset custody solutions. This acquisition, first announced earlier this year, has received the green light from all necessary regulatory bodies, including the New York Department of Financial Services (NYDFS), which oversees the operation of limited-purpose trust companies.
0 Comments
The digital currency XRP, one of the major altcoins in the crypto market, is currently showing signs that may excite investors and traders. Recent analyses indicate the potential for significant price movement. According to Egrag Crypto, a prominent cryptocurrency analyst, the altcoin’s price could ascend to ambitious new heights in the coming months based on technical
0 Comments
XRP price declined heavily from the $0.5250 resistance zone. It tested the $0.4540 support zone and is now attempting to recover above $0.4880. XRP is correcting losses above the $0.4820 and $0.4840 levels. The price is now trading below $0.5050 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with
0 Comments