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The race to launch another crypto-based exchange-traded fund in the US continues in full force and XRP has reached another milestone as Bitwise’s filing has been officially acknowledged by the SEC. The 19b-4 filing, published in the Federal Register, means that the agency’s approval process has begun, while the interested parties have 21 days to

The cryptocurrency market is in a freefall state, with numerous altcoins charting painful price declines over the past day and a few hours as well. Bitcoin’s landscape is not that much better even though its dominance is increasing as the asset plunged to a two-week low of under $94,000 minutes ago. Solana’s recent price performance

Based on past market data, the altcoin season starts when Bitcoin’s dominance begins to drop. This shows that crypto traders have begun withdrawing their capital from BTC and investing in other digital assets. The past few months have seen investors anticipate a significant decline in Bitcoin’s dominance to signal the onset of the next altseason;

In a post on X published yesterday, Jeff Park, Head of Alpha Strategies at Bitwise, stated that Bitcoin (BTC) currently presents a generational opportunity amid intensifying global macroeconomic turmoil. Park pointed to factors such as US President Donald Trumps proposed trade tariffs, concerns over the US debt ceiling, and the growing sentiment of deglobalization as

The U.S. Bitcoin mining industry has generated over 31,000 jobs and contributed more than $4.1 billion in gross product annually. According to a report by The Perryman Group, most of the industry is concentrated in twelve states, with Texas being the largest contributor. The studyshows that Bitcoin mining in Texas generates approximately $1.7 billion in

Solana DEX’s trading volume dropped to $2.61 billion on February 16, continuing its downward trajectory and reaching its lowest level since mid-December. While Raydium’s volume plunged by over 45% and Orca’s fell by nearly 30% in the past week, Meteora bucked the trend with an 18% increase. According to the data compiled by DeFiLlama, Solana’s

There has been a sharp reversal in digital asset investment trends as outflows reached $415 million after 19 consecutive weeks of inflows post-US election. During this period, inflows totaled $29.4 billion, significantly outpacing the $16 billion amassed in the first 19 weeks of US spot ETF trading since January 2024. CoinShares Head of Research James

Investor and podcast host Jason Calacanis has reignited debate over XRPs classification, calling the token a centrally controlled security in a recent post on X. Calacanis questioned whether XRP should be considered decentralized, stating that if the Securities and Exchange Commission (SEC) allows it to trade like Bitcoin, then securities law will be worthless. In

XRP price is consolidating gains above the $2.60 zone. The price is showing positive signs and might gain bullish momentum above $2.750. XRP price managed to stay above the $2.50 support and remained in a positive zone, unlike Bitcoin and Ethereum. A base was formed, and the price started a decent upward move above the

Bitcoin cash (BCH), a cryptocurrency created by a hard fork of the Bitcoin blockchain in 2017, fell 20% last week, its biggest slide since April, according to data on TradingView and CoinDesk. The sell-off happened as defunct exchange Mt. Gox said it would begin paying back creditors the roughly $9 billion worth of tokens taken

Cryptocurrency trading volume cooled in April, registering the first decline in seven months as escalating geopolitical tensions and slower inflows into U.S.-listed spot ETFs weighed over the digital assets market. The cumulative volume in spot and derivatives markets fell by 43.8% to $6.58 trillion, a sharp retracement from Marchs record high of $9.12 trillion, according

Crypto derivatives trading became bigger than ever in March, but its share in the total market activity declined for the sixth consecutive month, according to London-based digital assets data provider CCData. Trading volume in futures and options tied to cryptocurrencies on centralized exchanges rose 86.5% to a record high of $6.18 trillion, translating to three

Cryptocurrencies appear to have staying power, Federal Reserves Chairman Jerome Powell said in June. Perhaps truer words have never been spoken, as the market value of all cryptocurrencies has doubled to $1.3 trillion this year, recovering from last years crash. More impressive is the renewed interest in centralized crypto-collateralized finance after last years controversial collapse

An analyst has pointed out how XRP could be targeting a breakout toward $15 if this pattern forming in its 1-week price chart is real. In a new post on X, analyst Ali Martinez has discussed about a long-term consolidation pattern that XRP may have been traveling inside until recently. The formation in question is

The US Securities and Exchange Commission (SEC) has officially acknowledged the receipt of Grayscale Investments 19b-4 filing to convert its XRP Trust into a spot exchange-traded fund (ETF). The agencys confirmationdisclosed by Bloomberg ETF analyst James Seyffart on 14th Februarysignals the start of the formal review process that could ultimately decide whether the product is

On-chain data shows the demand for using Bitcoin is now neutral from retail investors and could be heading toward a reversal to the upside. As explained by an analyst in a CryptoQuant Quicktake post, the demand among the retail investors may be close to growing again. The on-chain indicator of relevance here is the “Retail