XRP ETF Filing Expected as XRPL Gains Momentum
Jake Claver, Chairman of Digital Ascension Group, anticipates a BlackRock XRP ETF filing and significant XRP price increase amid growing institutional interest in the XRP Ledger. #Update #Crypto $XRP
Markets
Deals with articles on the cryptocurrency markets, crypto investment strategies, market analyses, and trading insights.
Bitcoin ETF Launches on Nasdaq June 16
@BlackRock’s BITA ETF launches tomorrow on Nasdaq after SEC approval. The fund aims for a 15-25% annual yield, capturing 70% of Bitcoin’s upside. Sponsor fee is 0.65% annually. #Update #Crypto $BITA
Bitcoin ETF Launches Blackrock Surpasses Goldman
BlackRock’s Ishares Bitcoin Premium Income ETF, BITA, launches on Nasdaq June 16, targeting a 15-25% annual yield and beating Goldman Sachs to market. #Update #Crypto
Bitcoin ETF Outflows Ease XRP Gains
Bitcoin ETFs saw $315.8M in outflows, with Blackrock’s IBIT losing $355M but gaining $57.7M on June 12. XRP and HYPE ETFs gained $10.68M and $5.87M, respectively. #Update #Crypto
Ethereum Accumulates $10B in Bear Market
@BitMine acquired 76,881 $ETH last week, increasing its holdings to 5,620,754 $ETH valued at $10.2B, but facing nearly $9B in unrealized losses amid ongoing market downturns. #Update #Crypto $ETH
Bitcoin Surges as Crypto Winter Ends
Crypto majors rise as Iran peace deal progresses; $BTC at $66.5k, $ETH up 7%, $SOL gains 7%. Standard Chartered’s Geoff Kendrick declares crypto winter over. #Update #Crypto $BTC
Bitcoin ETF Approved by SEC for Launch
@BlackRock received SEC approval for its Bitcoin Premium Income ETF, set to launch under the BITA ticker on June 15. The ETF will charge a 0.65% annual fee and write call options. #Breaking #Crypto $BTC
SpaceX IPO Sparks Ark Invest’s $500M Purchase
@ARKInvest acquired nearly 3.3 million shares of SpaceX (SPCX) worth over $500M during its record IPO, with shares closing up 19.2% on the first day. #Update #Crypto $BTC
Bitcoin Faces Volatility Amid Trump Iran Warnings
The US and Iran reached an interim deal to halt hostilities, causing oil prices to drop over 4% and equities to rise. Bitcoin remains stable near $65,000 amid ongoing geopolitical tensions. #Update #Crypto $BTC
Bitcoin ETFs Surge with $85.8M Inflows
Spot Bitcoin ETFs saw $85.8M inflows, reversing five days of outflows, driven by @BlackRock’s IBIT with $58M. Ethereum ETFs faced $4.95M outflows. #Update #Crypto $BTC
Crypto Market Faces $2T Tax Compliance
The House Ways and Means Committee reviewed eight digital asset tax proposals to clarify rules for payments, donations, mining, and staking in a $2 trillion market. #Update #Crypto
Ethereum Startup Morpho Secures $175M Funding
Morpho raised $175M co-led by Paradigm, a16z crypto, and Ribbit Capital, enhancing DeFi lending infrastructure funding. #Update #DeFi
Crypto Market Could Unlock $30 Trillion Potential
Senate Banking Committee Chairman Tim Scott predicts the CLARITY Act could boost the crypto market to $30 trillion, emphasizing banks’ interest in blockchain and stablecoins amid ongoing discussions for its Senate vote. #Update #Crypto $BTC
Crypto Service Banned by Europol and US Agencies
Europol and U.S. authorities have dismantled the crypto service AudiA6, linked to laundering $389 million for ransomware operators; two suspects, a Ukrainian and a Russian national, were arrested. #Breaking #Crypto