XRP Positioned for US Spot ETF Approval Following Futures Milestones
XRP is surging toward ETF approval as futures milestones and new SEC listing standards ignite investor confidence, propelling market cap growth and real-world asset expansion on XRPL. XRP ETF Outlook Brightens With SEC’s New Listing Standards and Futures Milestones Messari, a provider of crypto market intelligence products, published a report titled State of XRP Ledger…
Bitcoin Going to $1 Million, but Current Holders Still Early
Eric Trump, the son of US president Donald Trump and the co-founder of Bitcoin (BTC) mining firm American Bitcoin (ABTC), said on Friday that there is “no question” that BTC hits $1 million in the next several years. Trump previously predicted that BTC would reach $1 million per coin in December 2024. Speaking to the…
CFTC’s FBOT Reverses Biden-era Overreach
The Commodity Futures Trading Commission (CFTC) announced on Thursday that it is further aligning with President Donald Trump’s agenda to welcome back crypto investors in the United States. The CFTC’s division of market oversight issued an advisory to the foreign board of trade (FBOT) regarding crypto exchanges not legally registered in the U.S.. According to…
Lightning Is Misunderstood
Bitcoin Magazine Lightning Is Misunderstood The Lightning Network is one of the most exciting and innovative technologies built on Bitcoin, but it’s also one of the most misunderstood. From its early days with grassroots efforts like “PLEBNET,” to ambitious visions of Lightning Applications (LApps), and the idea of earning passive yield as a routing node…
Could Wave C Correction Target $105K Next?
Bitcoin (BTC) tumbled below the critical $110,000 mark on Tuesday after a whale offloaded 24,000 BTC worth approximately $2.7 billion. Related Reading The massive sell order sparked a sharp market reaction, wiping out $205 billion from crypto market capitalization and triggering over $930 million in liquidations across leveraged positions. This sudden downturn pushed BTC to…
Galaxy, Multicoin, Jump Crypto Plan $1 Billion Solana Treasury
Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly working to raise $1 billion for a dedicated solana treasury. The plan would create the largest structured reserve of solana to date, signaling deep institutional confidence in the blockchain. Institutions Circle Solana as Firms Plan Billion-Dollar Token Reserve Galaxy Digital, Multicoin Capital, and Jump Crypto are…
French Government Ruined its Image of Freedom Around The World
Pavel Durov, founder of the messaging application Telegram, provided an update regarding his ongoing case in France, and said the criminal investigation against him is “struggling” to find any evidence of wrongdoing. Durov said his arrest by French authorities in August 2024 was “unprecedented” and added that holding a tech executive accountable for the actions…
Court Approves Joint Stipulation of Dismissal
The United States Court of Appeals for the Second Circuit has approved the joint stipulation of dismissal for the appeal filed by Ripple Labs and the SEC. According to the order issued at the Thurgood Marshall Courthouse, the stipulation withdrawing the appeals was approved on Friday August 22. As a result, the lawsuit filed by…
Bitcoin Price Falls — And As Usual, Nobody Knows Why
Bitcoin Magazine Bitcoin Price Falls — And As Usual, Nobody Knows Why I hate it when the bitcoin price falls — like it did this week, first from $118,000 to $115,000, and then $115,000 to $113,000 (and then $112,000 while I was writing; rude). It’s nerve-wrecking, terrifying and straight-up infuriating. We’re on this unavoidable monetary…
More Pain For Bitcoin? Open Interest Surpasses $40 Billion As Longs Crowd In
After hitting a new all-time high (ATH) of $124,474 on Binance on August 13, Bitcoin (BTC) has tumbled toward $113,000, with the next major support zone around $110,000. Analysts warn that more downside could still be ahead for the top cryptocurrency. Bitcoin To Fall More? Crowded Long Trade Gives Hint According to a CryptoQuant Quicktake…
