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Ripple’s Brad Garlinghouse sees rising institutional demand for XRP as ETF momentum soars ⋆ ZyCrypto
advertisement As global demand for crypto exchanges and traded funds soars, altcoin-based ETFs are becoming a major part of the conversation. Ripple CEO Brad Garlinghouse expressed optimism, noting that the approval of multiple Bitcoin and Ethereum ETFs is poised to open the door to even more altcoin-based ETFs. did. Following an announcement from a major cryptocurrency exchange, Garlinghouse shared its thoughts on X (formerly Twitter) and revealed that it has begun preparations for the application process for Bitwise XRP ETP. According to a press release issued on October 2nd, Bitwise Asset Management disclosed that it has filed an initial registration…
While Dogecoin price predictions show a sideways trend, new decentralized exchange Lunex Network is gaining momentum with AVAX backers. Join the Lunex presale for $0.0013! Price prediction is not fortune telling. Trends, markets, and macroeconomic forces make cryptocurrency price prediction more of a science than an art. If you look at the Dogecoin price prediction, the call is screaming “sell”. Avalanche is making a comeback, justifying a “hold” call, while new decentralized exchange Lunex Network asserts a strong “buy” call. Dogecoin (DOGE): Endless spike and crash cycle of Dogecoin price prediction What would happen to Dogecoin’s 60x price prediction? That’s…
The fourth quarter is traditionally the most bullish quarter for the crypto market, so many altcoin charts look poised for an incredible rally in the coming weeks. Ripple and Litecoin have disappointed holders with poor price action recently, with many buying up the promising pre-sale launch Roll Block (RBLK). Find out why experts are calling for a 100x move on this disruptive play-to-earn token. SEC appeal takes the wind out of Ripple’s sails Ripple holders were disappointed to hear that the US SEC has challenged last year’s court ruling that Ripple is not considered a security when sold on an…
1 of 2 lottery tickets from last month Bit Digital, Inc. BTBT was one of two “lottery” trades I made last month on Portfolio Armor Trading Substack. Although unique as a Bitcoin BTC/USD miner, Bit Digital also operates in AI and Ethereum ETH/USD staking. I contacted the company to find out more information. Below is a Q&A with Sam Tabar, CEO of Bit Digital. We then conclude with a brief reminder about risk management in light of the recent outbreak of war between Israel and Iran. Conversation with Bit Digital CEO Portfolio Armor: Thank you for taking the time to…
The Terra-Luna Ponzi scheme grew to incredible size, the TerraUSD algorithmic stablecoin reached a mind-boggling $40 billion, and the Luna governance token grew to a market cap of $40 billion. This growth was subsidized by Terraform Labs paying unsustainable loan interest rates through the Anchor Protocol. Then the music stopped. The value evaporated and the subsequent collapse of Terra-Luna had a devastating impact on the broader cryptocurrency ecosystem, destroying trading companies, exchanges, and lending platforms. But Terra is far from the only algorithmic stablecoin, and its spectacular collapse caused ramifications that were felt by many of its competitors. While some…
Bitcoin will stabilize at around $63,000 on Monday. The US Spot Bitcoin ETF experienced weekly outflows. The NYDIG report highlights that Bitcoin remains the best-performing asset this year, up 49.2% year-to-date. Bitcoin (BTC) stabilized around $63,000 on Monday after finding support near key levels last week. Despite last week’s volatility, where BTC prices fell from a high of $65,618 to a low of $59,828, the NYDIG report shows that Bitcoin is up 49.2% year-to-date and remains the year’s best-performing asset, along with United Airlines. It makes one thing clear. Funds were outflowing from state (U.S.) physical Bitcoin exchange-traded funds (ETFs)…
Mogcoin (MOG) and Popcat (POPCAT) have both risen over 10% in the past 24 hours. At the same time, the Crypto All Stars (STARS) ICO created a lot of buzz, passing the $2 million funding milestone. Mogcoin and PopCat lead the “Catcoin” rally Mogcoin, the lesser known of the two coins, surprised everyone with a 17% increase since yesterday. MOG is currently at $0.00000169, its highest since August 1st. This continues the coin’s strong upward trend that began in early September, with MOG up a massive 142% in the last month. Given its relatively low market capitalization, more traders are…
The Japanese investment firm, which has been described as the Asian country’s answer to MicroStrategy, the American software company that pioneered the Bitcoin treasury reserve strategy, has purchased even more BTC. Metaplanet, a publicly traded company listed on the Tokyo Stock Exchange, announced on Monday that it had purchased 108.786 bitcoins for 1 billion yen ($6.7 million). It currently holds 639.5 Bitcoins, worth over $40 million today. The company provides professional consulting services that help businesses implement the largest digital assets by market capitalization.Metaplanet bought 1 billion yen worth of assets in April, scraping MicroStrategy’s plan to put Bitcoin on…
New Ethereum meme coin Moodeng has experienced a remarkable 480% spike in the past 24 hours following Vitalik Buterin’s endorsement. The MOODENG token, inspired by the Thai baby hippo Moo Deng, was created in September and has already boomed over 4000% since its launch. Buterin, the co-founder of Ethereum, recently mentioned MOO DENG in a social media post, and investors thought it could be a huge price mover.Vitalik Buterin recently sold 10 billion MOODENG for 308.69 Ethereum (ETH). This is worth $762,000 at today’s prices. He then transferred 260 ETH ($642,000) to the charity Kanro on Monday. Furthermore, his publicly…
As October approaches, traders have high expectations for the cryptocurrency market. Although we have not yet fully responded to them, we cannot deny their current potential. The same can be said for major meme coins. In fact, Dogecoin is currently facing a new trend that could lead to an incredible 200% spike in DOGE.Cryptocurrencies have not shown much movement in recent months. This lack of activity has the market anxiously waiting to see when the tide will turn for this asset. Now, one prominent crypto analyst is hopeful that his patience will soon pay off. He also pointed out that…