XRP ETF Could Soon Be a Reality, Ripple President Says as RLUSD Gains Traction
“We think, especially with the administration change, the approvals of those filings will accelerate,” Ripple president Monica Long said.
Markets
Bitcoin Traders Eye $109K as Trump Anticipation Builds, BTC ETFs Rake in Nearly $1B
A technical correction and reversal is close to being complete and could trigger a full-blown bullish move, some traders say.
This Crypto Fund Blew Past Bitcoin’s 121% Price Gain in 2024
Pythagoras Alpha Long Biased Strategy combines a base position in BTC with two uncorrelated strategies to outperform buy and hold play.
MicroStrategy, Metaplanet Want Billions More in Bitcoin as BTC Nears $100K
The companies plan to collectively pick up $3 billion worth of bitcoin this year, with MicroStrategy’s targeting the purchases in Q1 2025.
High-Stakes $100K Bitcoin Call Signals Expectation for Record Price Jump After Trump’s Inauguration
Traders are positioning for a rally to record highs after President-elect Donald Trump takes office on Jan. 20
How Chinese Lending Firm Cango Became a Bitcoin Mining Powerhouse
Cango purchased 50 EH/s worth of mining power towards the end of 2024, making it one of the biggest players in the bitcoin mining industry.
SPX6900 Sets Record Highs While Trendy ‘AI Agents’ See Profit-Taking
“It’s the stock market for the people. SPX6900 is for you, your children, and countless generations after,” a manifesto on SPX6900’s site reads.
Tether’s Market Value Sees Sharpest Decline Since FTX Crash as MiCA Kicks In
Tether’s market cap has declined by over 1% this week, the steepest drop since the crash of FTX in November 2022.
XRP Rockets 11% as Bitcoin Starts New Year With Bullish Bang
South Korean trading volumes supported an outperformance in XRP, as a CoinDesk analysis noted earlier this week.
MicroStrategy’s Bullish Call Skew Disappears in Cautious Market Sentiment
The record bullish skew in options on the company seen as a leveraged play on bitcoin has vanished as the BTC tailwind driven by the Treasury asset narrative loses momentum.