A $113 billion asset manager has filed to launch a spot XRP ETF as the crypto’s value skyrockets over 400%, solidifying its third-largest rank. XRP ETF Proposal Filed by $113B Global Asset Manager for SEC Approval Wisdomtree, an asset manager with $113 billion in global assets under management, has submitted a registration statement to the […] Source: https://news.bitcoin.com/113b-asset-manager-seeks-sec-approval-to-launch-xrp-etf-as-market-booms/
Month: December 2024
US Spot Bitcoin, Ethereum ETFs See Record $7.6 Billion Net Inflows For November
Exchange-traded funds invested in Bitcoin and Ethereum in the U.S. are seeing record net inflows, following a bullish November that saw crypto-friendly President-elect Donald Trump take the Whitehouse. As post-election momentum drives institutional adoption, cumulative flow data indicates steady growth since March 2024. The nature of these inflows suggests a maturing market where ETFs are increasingly becoming the preferred vehicle…
Fortnite-Like Game ‘OpenSeason’ Is Burning 82% of Its Token Supply—Here’s Why
Fortnite-like battle royale shooter OpenSeason hosted a 12-hour competition promising players a slice of $350,000 worth of tokens. But instead of airdropping those Ethereum-based tokens, the developers burned them—and will burn many more ahead. By the end of the token purge, 82% of the total supply of the FU Money (FU) token will have been burned, developer Fractional Uprising Studios…
Nike-owned NFT wearables RTFKT to sunset in January
The Nike-owned company received investment funding from Andreessen Horowitz during the peak of NFT summer in 2021. Source: https://cointelegraph.com/news/nike-owned-nft-project-rtfkt-close-2025?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
DMM Bitcoin Breach: Japanese Crypto Exchange Shutters Operations Amid Hack Fallout
Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations after transferring its assets to SBI VC Trade Co. DMM Bitcoin Takes Action to Avoid Inconveniencing Users Beleaguered Japanese crypto exchange DMM Bitcoin is set to cease operations. Its assets will be transferred to SBI VC Trade Co., a subsidiary of SBI Holdings, Inc. […] Source: https://news.bitcoin.com/dmm-bitcoin-breach-japanese-crypto-exchange-shutters-operations-amid-hack-fallout/
AI Companions Could Fuel Radicalization Among Lonely Young Men, Ex-Google CEO Warns
Former Google CEO Eric Schmidt has warned advancing generative AI technologies, such as AI boyfriend and girlfriend companion apps, combined with societal factors like loneliness, could increase the risk of radicalization, particularly among young men. Schmidt shared his concerns while appearing on NYU Stern Professor Scott Galloway’s The Prof G Show podcast last week. Schmidt explained how many young men…
Coinbase Adds Apple Pay Onramp Support for Bitcoin, Dogecoin and More
Coinbase announced Monday that Apple Pay is now integrated with its Coinbase Onramp service, which lets crypto apps enable fiat-to-crypto purchases for assets like Bitcoin, Dogecoin, and plenty more. With Apple Pay integrated, users of crypto applications that utilize Coinbase Onramp can use Apple’s payments service for all fiat-to-crypto purchases, with free onramping or offramping via USDC, a popular stablecoin…
XRP’s Meteoric Rise Overshadowed by XLM’s Stunning 483% Surge
XLM has significantly outperformed XRP in the past 30 days, despite having a lower market capitalization. XRP Rises on Investor Optimism While XRP has surpassed tether (USDT) to become the third-largest digital asset, its performance over 30 days trailed behind its perceived rival, XLM. According to data from Coingecko, the U.S. dollar value of XLM […] Source: https://news.bitcoin.com/xrps-meteoric-rise-overshadowed-by-xlms-stunning-483-surge/
‘Astonishing’ XRP Surge Driven by Regulatory Hopes, ETF Speculation: Analysts
As the price of XRP surged to a fresh seven-year high mark Monday, analysts told Decrypt that the asset’s stunning ascent is being driven by a series of post-election factors, ranging from renewed regulatory hopes to the potential for XRP-centric investment products. Since Election Day last month, the token stewarded by Ripple Labs has been one of the crypto market’s…
Digital euro preparation continues as holding limit, privacy debated
Preparation for the launch of the digital euro CBDC continues with an eye toward a potential October 2025 launch decision. Source: https://cointelegraph.com/news/ecb-digital-euro-progress-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound