NYSE XRP Filing Names the Token as an Eligible Commodity Trust Asset
NYSE Arca submitted a proposed amendment to Rule 8.201-E to the SEC on April 27, naming XRP alongside Bitcoin, Ethereum, and Solana as eligible assets for commodity-based trust shares, in a legally reviewed filing that requires trusts to hold at…...
Read More
Traders eye Fed and Middle East as risk appetite cools ahead rate decision
Traders are cutting risk ahead of the Fed’s April decision as Middle East tensions, a blocked Strait of Hormuz and fragile crypto sentiment keep markets on edge. Traders are trimming exposure to risk assets ahead of the Federal Reserve’s latest…...
Read More
US warns NATO on Iran support, ceasefire prospects dim
The U.S.’s hard-line stance and NATO’s hesitance risk prolonged conflict, diminishing hopes for diplomatic resolutions and market stability. The post US warns NATO on Iran support, ceasefire prospects dim appeared first on Crypto Briefing....
Read More
Trump rejects Iran’s offer to reopen Strait of Hormuz, tensions remain high
Continued high tensions and military presence in the Strait of Hormuz risk escalating conflict, impacting global oil markets and diplomacy. The post Trump rejects Iran’s offer to reopen Strait of Hormuz, tensions remain high appeared first on Crypto Briefing....
Read More
Solana RWA ecosystem hits $2.5B ATH with nearly 200,000 holders
Solana’s RWA growth signals increasing institutional interest, potentially reshaping the blockchain landscape and challenging Ethereum’s dominance. The post Solana RWA ecosystem hits $2.5B ATH with nearly 200,000 holders appeared first on Crypto Briefing....
Read More
US-Iran conflict disrupts Strait of Hormuz, crude oil prices soar 30%
The disruption in the Strait of Hormuz highlights global energy vulnerabilities, potentially leading to economic instability and geopolitical tensions. The post US-Iran conflict disrupts Strait of Hormuz, crude oil prices soar 30% appeared first on Crypto Briefing....
Read More
Bitcoin Spot Volumes Crash to Bear-Market Lows – Apathy Now, Opportunity Next?
Bitcoin has struggled to surge past $80,000 despite multiple attempts. Interestingly, its spot trading volumes have dropped to their lowest levels since the end of the previous bear market and have returned to levels last seen in September 2023. The decline continued throughout April, indicating a clear slowdown in...
Read More
Cathie Wood Says Bitcoin Hits $730,000 By 2030: ‘The Bull Market Is Still Intact’
ARK Invest CEO Cathie Wood maintains her $730,000 base case Bitcoin (CRYPTO: BTC) target for 2030 and says the bull market is still intact despite a 50% drawdown from all-time highs. Gold Leading Bitcoin, Just Like Last Cycle Wood explained that Bitcoin’s correlation to gold since 2019 stands at...
Read More
XRP Network Sees Tokenized Treasuries Jump By 700%: What Is Going On?
XRP (CRYPTO: XRP) has experienced subdued price action over the past year, even as activity on its network has accelerated sharply, driven by growth in tokenized real-world assets. Tokenized Treasury Supply Jumps 8x According to EvernorthXRP, tokenized U.S. Treasuries on the XRP network have grown from roughly $50...
Read More
Ethereum Traders Shift: Spot Market Weakness Drives Rise In Derivatives Trading
Amid the renewed bullish momentum of Ethereum’s price, a key divergence has been spotted among ETH traders across the evolving market. While derivatives trading across ETH has picked up pace in the face of improving conditions, spot market volume is trending toward the downside. Derivatives Gain Control Of The...
Read More