Investment asset management Bitwise chose to pursue an XRP ETF product at a very odd time. The firm recently filed an S-1 registration with the United States Securities and Exchange Commission (SEC). With this filing, there are already speculations amongst experts on what the future holds for this filing. Many are speculating that the regulator…
Magic Eden will soon be minting Ubisoft’s upcoming 10,000-piece NFT collection on the Ethereum scaling network Arbitrum to give holders early access to the new game. Minted on the Ethereum layer-2 scaling network Arbitrum, the new Niji Warrior ID NFTs unlock early access to the top-down shooter, enable participation in the game’s governance model and…
Following the release of US job data, BlackRock CIO Rick Rieder has predicted that the Federal Reserve will cut interest rate further by 25-basis-point. Per his projection, this will come when the Federal Open Market Committee (FOMC) meets in November. US Job Data Drops From August Level The September jobs report came in stronger than…
Bitwise Asset Management had a new ETF filing – more precisely, it filed to convert three crypto futures ETFs from long-only strategies to strategies that rotate between crypto futures and US Treasuries exposure based on market trends. The ticker will be $BITC. The above strategy, to be undertaken in aid of helping to reduce downside…
Uncertainty encapsulates crypto markets as Bitcoin (BTC) hovers above $60K. While some altcoins are defying this trend and rallying, others await BTC’s signal. The Iran-Israel war has pushed investors to be extra cautious since it triggered a double-digit crash earlier this week. In this article, CoinGape explores what’s next for Bitcoin price if there’s more…
The latest US Job data showed that the nonfarm payroll data figures came in at 254,000 in September, more than the market expectations. The unemployment rate also comes below the market estimates, dampening the market sentiment, and indicating a further decline in Bitcoin and altcoins prices. Notably, this set of data is crucial for the…
The XRP price was on the investors’ radar this week, with the crypto noting a sharp decline following the latest development in the Ripple SEC case. In the latest development, the US SEC has filed a Notice of Appeal, signaling that the legal battle is far from over for now. This move has sparked speculations…
Dogecoin whales have accumulated over 1 billion DOGE in the past 24 hours, signaling a potential rally in the cryptocurrency market. Market analysts identified this development, which marks one of the largest buy-ups in recent months, totaling around $108 million. The whale purchases occurred during a downturn in the crypto market, which has been broadly…
As the Ripple vs SEC case proceeds further with the securities regulator submitting a “notice of appeal” in the Second Circuit court this week, the XRP community remains unclear as to what exactly the SEC is appealing as it still needs to make a disclosure with Form C. However, the latest report suggests that the…
NEAR price action makes for one of the most robust altcoins in the crypto market right now. The NEAR protocol has been making significant strides in the blockchain space, and recent developments highlighted by the On-chain analytics platform Our Network suggests that NEAR is ready to hit $10 by the end of the year. Reasons…