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Bitwise has officially filed an S1 form with the SEC for a Chainlink (LINK) ETF. This is the only LINK ETF application submitted to the financial watchdog. Crypto-based ETFs have become increasingly popular over the last year. The number of crypto ETFs is only expected to surge over the coming years. Will The SEC Approve Bitwise’s Chainlink ETF Application? Source: tokenmetrics The SEC is currently reviewing several crypto-based ETFs. The agency made history last year when it approved Bitcoin (BTC) and Ethereum (ETH) ETFs for the US market. Bitcoin and Ethereum hit new all-time highs earlier this month, largely due to high ETF inflows. The SEC is now led by Paul Atkins, a pro-cryptocurrency candidate. There is a high chance that the SEC will approve most of the ETF applications they have received, given that there aren’t any issues with the applications. The Chainlink (LINK) ETF could be one of many to be approved by the SEC. Will LINK Rise To a New All-Time High? An ETF app...

Summary ⚈ The world’s first spot XRP ETF has dropped 10% in its debut week amid market volatility. ⚈ U.S. SEC has delayed the XRP ETF decision to June 2025, possibly tied to the Ripple case timeline. ⚈ Approval odds sit at 74% as XRP futures ETFs await May launch. The world’s first spot XRP exchange-traded fund (ETF), listed under the ticker XRPH11 on Brazil’s B3 stock exchange, is off to a rocky start, tumbling nearly 10% over the past week. The XRP HASH CI ETF closed the May 5 trading session at R$19.30 ($3.47), ending the day down 3.5%. Over the past five trading sessions, the ETF has dropped by 8.70% amid a broader cryptocurrency market volatility.  XRPH11 all-time price chart. Source: TradingView Despite a promising debut, the ETF has struggled to gain momentum, facing headwinds from the relatively small Brazilian market and mounting selling pressure on XRP.  As of press time, XRP was trading at $2.10, down over 4% in the last 24 hour...

Ripple (XRP) is one of the most promising cryptocurrencies to exist in the market. The token is currently one of the leading tokens to have established its expertise in the market and continues to be a lucrative crypto ecosystem to be part of. The token is also part of a larger XRP ETF narrative, which is bound to deliver stability to the token, helping it climb new price markers, including surging beyond the $10 mark, per many analysts. Once it claims the aforementioned price mark, here are some lucrative ways one can enjoy life when XRP hits $10. Also Read: How 2 Brothers Hit $9 Million With Shiba Inu: Throwback Thursday XRP $10 Path: Theory Behind It Source: Coinpedia Per Egrag Crypto, a notable cryptocurrency analyst, XRP is currently on a path to surge and claim higher price spots. The expert has claimed that the token is already aiming for the $5 and $6 price mark and is heading towards claiming even higher price spots, preferably exploring the price arenas beyond the $10 mark. “...

As XRP continues to be weighed down by the general bearish cryptocurrency market sentiment, technical indicators suggest the asset is likely preparing for a significant price move. Notably, as of press time, XRP was trading at $2.35, having plunged over 6% in the last 24 hours, while on the weekly timeframe, the asset has rallied almost 10%. XRP seven-day price chart. Source: Finbold The 50-day Simple Moving Average (SMA) is $2.64, slightly above the current price, while the 200-day SMA is significantly lower at $1.56, suggesting a longer-term upward trend.  XRP’s 14-day Relative Strength Index (RSI) is 48.28, indicating a neutral market condition, neither overbought nor oversold. Picks for you This Bitcoin formation set to trigger a rally to $120,000 3 hours ago ...

Ripple (XRP) is undoubtedly one of the most promising cryptocurrency tokens that have lately been grabbing the central spotlight. The token is currently trading at $2.50, aiming for the high haul, especially after the recent ETF developments that the token is currently a part of. Will Ripple be able to hit a high price mark sooner rather than later? Let’s find out. Also Read: Trump Backs Fed Rate Pause—Just 1 Week After Davos Rate-Cut Push! Ripple: New Developments The Ripple ecosystem is part of the bigger narrative now. XRP is currently gaining the central spotlight as it awaits the new US SEC regime’s decision to greenlight pending XRP ETFs. At the same time, Ripple’s case with the US SEC is also gaining steam, primarily as it may close soon, giving XRP a much-needed price push. XRP is also banking on a new narrative as of late. The speculative spree is signaling a new element in focus for Ripple. As David Sacks, the crypto czar of Donald Trump, gears up to conduct a press conf...

XRP ETF approval discussions have intensified as NYSE Arca files are to convert Grayscale’s XRP Trust into a spot ETF. This could be the start for a potential watershed moment for cryptocurrency investment. This development arrives alongside a remarkable XRP liquidity surge through the RLUSD/XRP AMM pool, which accumulated an amazing $423,000 in total value locked within hours from the activation. This shows the growing market confidence taking place within the current crypto market volatility. The AMMClawback amendment is now live on the mainnet: https://t.co/GUKD32LdL9 https://t.co/57738PlM98 pic.twitter.com/HKrUhJb2MP — XRPScan (@xrpscan) January 30, 2025 Also Read: Dogecoin Weekend Price Prediction: DOGE Eyes $0.36 In A Fresh New Ascent Unpacking XRP’s ETF Move and $423K AMM Pool Growth Amid Market Volatility Source: Watcher Guru NYSE Arca’s Bold Move for XRP Trust Conversion Woohoo!! https://t.co/2MWqrotXtQ — David "JoelKatz" Schwartz (@JoelKatz) January 30, 2025...

XRP has just begun its journey as it continues to take the cryptocurrency market by great surprise. The token is currently sitting at $3.15, as it is already gaining momentum to hit a new high very soon. That being said, Ripple is at the center of a deep transformative change as it welcomes innovation in the domain and is actively seeking global collaborations to bolster its position. If this strategic plan continues, here’s how high XRP may trade in the year 2030. Also Read: Dogecoin Drops 6% After Logo Removal and Ramawsami Exits D.O.G.E. Ripple is Forging Milestones Source: Blockhead.co Ripple is currently trending high on the cryptocurrency market radar due to the plethora of new things that are waiting in the queue to unfold. First and foremost, the new US SEC regime under Uyeda has decided to formulate a crypto task force. This development intends to bring regulatory clarity to the domain. At the same time, the realm is also expecting the Ripple vs. SEC case that has been pe...

Litecoin (LTC) is one of the earliest cryptocurrencies to hit the market. The asset reigned over the industry and stayed in the coveted top 10 for a long time. But with the advent of new assets, LTC took a backseat. Currently, the altcoin is the 20th largest cryptocurrency with a market cap of $5.47 billion. But redemption is on the cards for Litecoin as the asset was seen surging once again. Also Read: Dogecoin Rises 17% After Musk Tweet: Should You Buy DOGE? Factors Driving Litecoin’s Potential Surge Source – Pixabay Recent Performance and ETF Developments Over the past seven days, LTC witnessed a notable spike. The asset rose by 12% and went from trading at around $64 all the way to a high of $75. At press time, LTC was trading at $72.78 with a nearly 3% spike in the last 24 hours. Source Litecoin’s uptrend was linked to Canary Capital, revealing that it is pursuing a Litecoin exchange-traded fund (ETF) with the SEC. In an attempt to obtain a green signal for a spot...

The cryptocurrency world thrives on the element of surprise. The vertical is holistically known for catapulting tokens based on hypes and pre-assumed notions that sometimes help tokens recover their lost graces. With Ethereum ETFs gaining approval in recent times, the echoes of XRP ETFs are also in the air, urging Ripple to project considerable price action shortly. XRP has long been consolidating and is yet to experience bullish momentum. The token’s parent company, Ripple , is poised to forge new alliances across the globe, which will help XRP b reach critical price markers. For now, the token’s only goal is to cross the $0.75 price threshold, after which it may embrace the bullish onset of the market. Also Read: BNB June Forecast: Is $700 On Cards For Binance Coin? XRP ETF Rumors Gain Strength Post-Standard Chartered Predictions Source – WatcherGuru Analysts at Standard Chartered have predicted a new development for XRP enthusiasts to look forward...

Bloomberg ETF analyst James Seyffart thinks Grayscale’s Ether futures ETF application is just a ploy to corner the SEC to approve its spot Ether ETF. Grayscale Investments is using its Ether (ETH) futures exchange-traded fund (ETF) application as a “trojan horse” to corner the United States Securities and Exchange Commission into approving its spot Ether ETF, says Bloomberg ETF analyst James Seyffart. Seyffart said in a Nov. 15 X (Twitter) post following the SEC delaying Grayscale’s ETH futures ETF bid that he believes if the SEC approves Grayscale’s application, then it would enable Grayscale to argue for the approval of its spot Ether ETF application. If the SEC denies Grayscale’s bid, the asset manager could argue the SEC is treating Bitcoin (BTC) and Ether futures ETFs differently by allowing one under the Securities Act of 1933 but not the other. “Watch [the SEC] try to either approve and argue why this is different from spot. Or Deny and argue why 1933 act products are meaning...

The price of Bitcoin has surpassed $37,000 for the first time since May 2022. Bitcoin (BTC) briefly surpassed the $37,000 mark for the first time in 18 months as the wider market s reflect optimism over the pending approval of spot BTC exchange-traded funds in the United States. Data from a number of cryptocurrency market platforms, including Cointelegraph Markets Pro and TradingView, showed BTC/USD hitting $37,052 at 8.09 am EST on Nov. 9 before retracing below the mark. Bitcoin’s most recent price surge has been attributed to the pending approval of 12 separate spot Bitcoin ETFs over the next week. According to Bloomberg ETF analysts James Seyffart and Eric Balchunas, the SEC has a window up until Nov. 17 to approve a number of high-profile offerings from prominent U.S. fund managers. While there is much fanfare over the potential approval of these highly-anticipated BTC products, both analysts have also noted that there could be a lag time of a month or more before these offeri...

Two key BTC supply metrics show conflicting signals on whether a retracement will occur before the Bitcoin halving. Bitcoin (BTC) is at 17-month highs with just 164 days until the next Bitcoin  halving event, alongside anticipation of a spot Bitcoin exchange-traded fund (ETF) approval in the coming months. Yet, amid Bitcoin’s 106.38% year-to-date gains, the stablecoin supply rate oscillator (SSRO) has raised a major flag despite suggesting the beginning of a new bull cycle. Stablecoin buying power weakens ahead of Bitcoin ETF This stablecoin supply ratio metric, which acts as an important measure of the dominance of stablecoins vs. Bitcoin, has surged to a new all-time high at 4.13 on Oct. 25, according to data from Glassnode. Such a surge hints at a significant appetite for Bitcoin accumulation on-chain. The SSRO hit a new all-time high at 4.13 on Oct. 25. Source: Glassnode However, this also suggests that the purchasing power of stablecoins is at a relative all-time low. Historica...