Bitwise Asset Management has officially filed to create an XRP exchange-traded fund (ETF) in the US. This is a big deal, especially since there have been a lot of rumors about XRP ETFs before, but nothing concrete. What’s the Deal with Bitwise’s Filing? Bitwise is a well-known cryptocurrency investment firm, so this isn’t just some…
Bitcoin’s Active Addresses Are Falling A recent trend in Bitcoin’s active addresses is causing some concern. Active addresses refer to unique addresses that participate in transactions on the Bitcoin network. These addresses are like the unique users visiting the network, so a decline in active addresses means less activity. Since March, the number of active…
Japan’s financial watchdog is getting serious about crypto. They’re planning a big review of their crypto rules, and things could get interesting. A New Approach to Crypto Regulation The Financial Services Agency (FSA) is taking a hard look at how they regulate crypto. They’re asking themselves if the current rules are enough to protect investors….
Bitcoin has become a global phenomenon, but many people still wonder if it’s too complex to manage. The truth is, storing Bitcoin doesn’t have to be complicated. Is Bitcoin Too Complex? The answer is a resounding no. While older generations might be skeptical of new technology, younger people are more comfortable with digital assets. The…
A popular crypto trader who correctly predicted the Bitcoin bottom in 2018 is now bullish on Pepe, a frog-themed memecoin. He believes Pepe is about to go on a massive rally after a recent dip. Pepe’s Big Move The trader, known as Bluntz, says Pepe is currently in a “monster trend” and could surge to…
Robinhood, the popular trading app, is making a big move in Europe by adding a highly requested feature: crypto transfers. More Control, More Options Now, European Robinhood users can send and receive over 20 different cryptocurrencies, including Bitcoin, Ethereum, Solana, and USD Coin. This means they have more control over their digital assets and can…
Cryptocurrency analyst Benjamin Cowen thinks the US unemployment rate could be a big deal for Bitcoin’s price. He’s telling his YouTube followers that if the unemployment rate keeps climbing, Bitcoin might stay in a slump for the rest of the year. A Historical Pattern? Cowen says there’s a historical connection between unemployment and how risky…
Bitcoin has been on a rollercoaster ride lately, dipping slightly after hitting a new high of around $66,500. But don’t worry, investors are still feeling optimistic! Bitcoin Investors Are Making Big Bucks The Federal Reserve’s decision to cut interest rates has given the market a big boost, and everyone’s hoping for a strong recovery. And…
Bitcoin mining companies are facing tough times as their profits have hit an all-time low. Analysts from JPMorgan Chase say that miners are making significantly less money than they were just a few months ago. The Halving Effect The main culprit behind this slump is the Bitcoin Halving, a programmed event that happens every four…
A new chapter in the world of crypto ETFs is about to begin. Bitwise Invest, a well-known crypto asset manager, has just filed the first application for an XRP spot ETF in Delaware. This is a huge deal, especially considering the ongoing legal battle between Ripple and the SEC. The Timing is Everything This application…
