XRP recovered sharply after weeks of selling pressure, with traders returning to major altcoins as geopolitical fears eased. Summary XRP rebounded as easing geopolitical fears helped traders rotate back into major altcoins this week. Wallets holding at least one million XRP now control 74.1% of its supply, Santiment says. ETF inflows, Binance withdrawals, and $1.30
Ripple’s cross-border transfer token XRP has rebounded strongly this week as peace deal hopium grips crypto markets. XRP has “staged an impressive comeback,” reported onchain analytics firm Santiment on Monday. The token surged more than 13% in just 24 hours and reclaimed the $1.28 level for the first time in two weeks, it added. Traders
Uniswap’s UNI token has been projected to climb from about $2.70 to $100 by the end of 2030 as tokenized assets increasingly enter decentralized finance, according to a new forecast from Standard Chartered Bank. Summary Standard Chartered has projected UNI could reach $100 by 2030 as tokenized assets and DeFi activity continue to expand. The
BlackRock’s Bitcoin income-focused ETF will begin trading on Nasdaq on June 16 after receiving regulatory approval from the U.S. Securities and Exchange Commission. Summary BlackRock’s iShares Bitcoin Premium Income ETF (BITA) is set to begin trading on Nasdaq on June 16 after receiving SEC approval and exchange clearance. The fund seeks to generate income through
XRP just neared $1.30 for the first time since June 2. Is the worst over? Ripple’s cross-border token continues to make headlines today, as its price has been on a consistent uptrend that lasted hours and peaked at almost $1.30 minutes ago. The latest more bullish development came earlier today when a major crypto
Expanding adoption of the XRP Ledger among major financial firms has fueled speculation from Jake Claver that BlackRock may one day launch an XRP ETF. Summary Jake Claver says BlackRock could eventually file for an XRP ETF as institutional interest in XRPL grows. XRPL Commons’ Odelia Torteman says firms including BlackRock, Mastercard, and Franklin Templeton
The Bitcoin market is suffering, but holders have not surrendered their coins yet, according to Alphractal founder. Bitcoin nearly reached $67,000 on Monday after US President Donald Trump said the US had helped broker a peace deal with Iran that would reopen the Strait of Hormuz. At the same time, new data suggests that
Nvidia has raised the stakes in the artificial intelligence infrastructure race with plans to borrow at least $20 billion from debt markets, a move that comes as Bitcoin miners increasingly reposition themselves as AI and high-performance computing providers. Summary Nvidia plans to raise at least $20 billion through a multi-part bond offering to fund AI
Bitcoin has climbed more than 11% from its early June low as Santiment says the U.S.-Iran peace agreement may be laying the groundwork for a longer crypto bull market. Summary Santiment says the U.S.-Iran peace deal has boosted risk appetite, helping Bitcoin recover more than 11% from its early June low. Glassnode data shows Bitcoin
In crypto news today (June 12), Bitcoin is consolidating between $62,200 and $63,200, up just +0.5% overnight. This move in BTC has traders hoping that a strong support level is forming at $62,000 and could help Bitcoin hold above $60,000. Liquidations have slowed considerably, with just $270M over the past day, down from over $450M