The crypto market could see a genuine exchange-traded fund (ETF) tracking the price of XRP soon, as a top executive at Valkyrie, a firm with a Bitcoin spot ETF application, hinted. In particular, Steve McClurg, the Chief Investment Officer of Valkyrie, shared this optimistic perspective during a recent interview on Bloomberg. The context of the…
If the SEC finally approves the launch of a Bitcoin spot ETF and BTC price rallies, investors may pour their profits into Shiba Inu and other altcoins. The vast majority of the crypto market is focused on the potential launch of a Bitcoin spot exchange-traded fund (ETF) in the United States. Bitcoin and Altcoins Rally…
Shiba Inu (SHIB) accumulation by new market entrants is on the rise, lending optimism on the potential impact on price. According to data from the crypto analytics platform Lookonchain, Shiba Inu is one of the altcoins stacked by new buyers on platforms like Binance and Gate.io. When Lookonchain published the update, more than 1.44 trillion…
Shytoshi Kusama has shared insight on how the Shiba Inu (SHIB) ecosystem team plans to revolutionize digital identity and invade the internet. SHIB lead developer Shytoshi Kusama has shared an update regarding Shiba Inu’s recent partnership with popular domain name startup D3. Plans to Invade the Internet Following the partnership, the Shiba Inu ecosystem team…
Shiba Inu team eliminated over nine billion tokens in their inaugural burn of 2024, spending about $476,000 to burn SHIB so far. The Shiba Inu development team has upheld their commitment by persistently carrying out regular token incineration, thereby diminishing the substantial circulating supply of SHIB. In particular, Shiba Inu has seen the first SHIB…
Multiple entities, including crypto platform Changelly and AI chatbot Google Bard, have projected a potential timeline for XRP to touch lofty price targets such as $493. XRP is currently looking to recover from the recent price drop induced by the latest market-wide collapse. The token is up 1.40% over the last 24 hours, but this…
Senator Bill Hagerty Says Congress needs answers from the U.S. Securities and Exchange Commission (SEC). Image source httpstwittercomSenatorHagertystatus1744843824654885024 For context, a fake post from the SEC official X account confirmed all spot bitcoin ETFs were approved. Following the post about the approval of spot Bitcoin ETFs listing and trading, Gary Gensler, former SEC Chair, addressed…
According to X, The account associated with @SECGov was compromised, indicating that someone other than the rightful owner has gained unauthorized access or control. We can confirm that the account @SECGov was compromised and we have completed a preliminary investigation. Based on our investigation, the compromise was not due to any breach of X’s systems,…
Bitrue has triggered speculation regarding the price of XRP in the eventual U.S. endorsement of crypto ETF. Recently, the pro-XRP trading outlet Bitrue took to social media platform X to engage the crypto community. The exchange sought opinions on the expected price target for XRP, particularly in the event of approval for the pending Bitcoin…
While Dogecoin may have paved the way for lighthearted digital assets, 2024 has witnessed the emergence of several new cryptocurrency contenders, each contributing to redefining the vibrant and evolving meme coin ecosystem. Among these, ApeMax stands out with its innovative staking system, and others such as Bonk, Snek, Corgi Ai, Memecoin, Pepe Coin, and Dogwifhat…