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As crypto adoption increases globally, governments are grappling with the potential impacts on their financial systems and economic stability. This week, several major policy changes have impacted the crypto industry — some that hinder innovation and others that bolster it.In the US, a government sh…
The SOL price experienced a steep decline on October 11, falling from $221.95 to $184.15 in just 24 hours as the broader cryptocurrency market plunged. Over $250 billion in value was wiped from global crypto capitalization, which dropped 9% to $3.83 trillion. According to the Solana price chart, the…
Expectations as regards potential XRP ETF approvals are still in place for October, with the SEC's decision anticipated on six applications.The SEC is expected to decide on Grayscale XRP ETF (Oct. 18), 21Shares core XRP Trust ETF (Oct. 19), Bitwise XRP ETF (Oct. 22), Canary Capital XRP ETF (Oct. 23)…
Litecoin (LTC) has maintained a bullish stance in the last 30 days, gaining over 16% in price as the upward momentum lingers. In the last 24 hours, the asset has jumped by about 13% as the price hit an intraday peak of $132 in early trading.Institutional demand and ETF optimism fuel Litecoin’s surge…
Morgan Stanley will open access to crypto funds across all client accounts starting Oct. 15, including retirement plans, CNBC reported Friday. The move eliminates the wealth hurdle previously set for investors seeking digital-asset exposure.Until now, only clients with at least $1.5 million in asset…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Thursday! With the U.S. government shutdown entering a second week and key economic data delayed, markets are left to trade on expectations rather than new information. That's effecti…
The XRP community’s attention has been drawn to a $600 million transfer, which has sparked speculation about its potential impact on the altcoin’s price. The transfer notably originated from a Ripple wallet address, further fueling speculations that the crypto firm is dumping on retail investors. $6…
Key takeaways:Investor optimism over a handful of pending XRP ETF decisions could lift XRP price. Whale accumulation is strong: $1.1 billion in XRP added despite retail pessimism.A break above $3.30 could trigger 60% to85% upside, as the monthly chart indicates bullish structure.After breaking above…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.Happy Wednesday! U.S. government shutdown tensions and profit-taking have fueled a short-term pullback in the crypto market, according to analysts, though structural demand and ETF flows re…
The U.S. government shutdown has created significant obstacles for the passage of a comprehensive crypto market structure bill, which aims to clarify the regulatory framework for digital assets between the SEC and CFTC. While lawmakers remain cautiously optimistic, political gridlock and the upcomin…
By Hannah Lang and Elizabeth Howcroft A race by crypto companies to sell tokens pegged to stocks is raising alarm bells among traditional financial firms and regulatory experts who warn that the fast-growing novel products pose risks to investors and market stability.Buoyed by President 's pro-cr…
Investors are watching the crypto market closely this October as a wave of new ETFs could shake things up. The upcoming ETF deadlines have sparked a lot of curiosity in the community.Spotlight on Solana, Dogecoin, and Litecoin ETFsLuke Martin, a cryptocurrency analyst has highlighted some key points…