XRP Archives

The U.S. SEC has recognized Grayscale's proposals for exchange-traded funds (ETFs) related to Solana and Litecoin.

The SEC has acknowledged Grayscale’s Solana and Litecoin ETF filings

February 7, 2025 2 mins read

The U.S. Securities and Exchange Commission (SEC) has recognized Grayscale’s proposals for exchange-traded funds (ETFs) related to Solana and Litecoin. This is a significant moment as it is the first time the SEC has acknowledged a Solana ETF filing. This change comes during a time of leadership shifts within the SEC, raising hopes for a more favorable regulatory environment for cryptocurrencies. On February 6, the SEC invited public comments on

Cboe files a 19b-4 request with the SEC to approve Ethereum ETF options trading

February 7, 2025 2 mins read

Cboe files a 19b-4 request with the SEC to approve Ethereum ETF options trading Cboe has submitted a filing to the SEC to get approval for trading options on spot Ethereum ETFs. This includes popular funds like Bitwise and Grayscale’s Ethereum ETFs. The goal is to speed up the regulatory process for these options. The proposal states that Ethereum ETF options will follow the same rules as other fund share

Smart Crypto Investors Rush to Web3Bay Leaving Ethereum & XRP’s Bullish Outlook Behind!

February 7, 2025 4 mins read

Why are Ethereum and XRP getting so much attention? Ethereum (ETH) continues to show strong growth, with experts predicting a positive price forecast. Many in the crypto space remain hopeful about its potential. At the same time, XRP stays a key point of discussion, often leading conversations about regulations and market activity. Web3Bay is now part of this mix, combining the security of blockchain with the possibilities of online shopping.

GraFun Goes Multichain: Expanding to Conflux and Unlocking the Eastern Crypto Markets

February 6, 2025 3 mins read

GraFun, the leading memecoin launchpad, is taking another major step in its multichain expansion — partnering with Conflux, a high-performance Layer-1 blockchain with a unique consensus, enabling fast, low-cost transactions. This collaboration marks the beginning of a new era for memecoins, bringing scalable, low-cost, and interoperable solutions to the thriving Conflux ecosystem. Why Conflux? A Blockchain Built for Seamless Growth GraFun’s expansion strategy is all about unlocking new opportunities for

Coinbase urges US regulators to confirm banks can offer crypto services

February 6, 2025 2 mins read

Coinbase is urging US regulators to allow banks to offer cryptocurrency services. As the largest custodian for US-based spot Bitcoin ETFs, Coinbase wants state-chartered banks to provide and outsource crypto custody and execution services. They are asking regulators to confirm that banks can legally serve crypto businesses. In a letter to the Office of the Comptroller of the Currency (OCC), the Federal Reserve, and the Federal Deposit Insurance Corporation (FDIC),

Bybit CEO Ben Zhou warns crypto liquidations may have hit $10 billion after US tariffs

February 5, 2025 2 mins read

Ben Zhou, the CEO of Bybit, has raised concerns about the state of the crypto market. He estimates that liquidations could reach between $8-10 billion, which is much higher than the reported figures. Zhou explained that major exchanges, including Bybit, limit the liquidation data shared publicly. This means that actual losses are likely much worse than they seem. He compared the current situation to the 2022 collapse of FTX, where

$The trade dispute between the US and China has intensified, causing uncertainty in global markets, including cryptocurrencies. China has imposed new tariffs ranging from 10% to 15% on US goods, raising concerns among investors. However, analysts suggest that the actual impact of these tariffs may be overstated. China's tariffs include a 10% tax on US crude oil and farm equipment and a 15% tax on coal and liquefied natural gas (LNG). Although this news initially unsettled the market, experts point out that these goods make up a small fraction of China's total imports from the US. In fact, the US only supplies about 6% of China's LNG and coal, limiting the direct effects of the tariffs. Despite a significant market drop on Monday, which erased billions in value, some analysts view Bitcoin as a safe haven against geopolitical instability. Many investors believe that Bitcoin thrives during economic uncertainty and inflation. Financial expert Robert Kiyosaki sees the recent price drop as a chance to buy, reinforcing Bitcoin's reputation as a reliable store of value during crises. The ongoing trade tensions have also impacted Ethereum, with predictions of a potential price decline if the situation worsens. Nevertheless, long-term investors remain hopeful. Strategic traders see market fluctuations as opportunities rather than reasons to panic. In a contrasting development, a temporary agreement between the US, Canada, and Mexico has eased some investor worries. The US has delayed tariffs on goods from Canada and Mexico for 30 days in exchange for stricter border controls.$

China’s new tariffs on US goods shake markets

February 5, 2025 1 min read

The trade dispute between the US and China has intensified, causing uncertainty in global markets, including cryptocurrencies. China has imposed new tariffs ranging from 10% to 15% on US goods, raising concerns among investors. However, analysts suggest that the actual impact of these tariffs may be overstated. China’s tariffs include a 10% tax on US crude oil and farm equipment and a 15% tax on coal and liquefied natural gas

Purpose Investments files for the first-ever Ripple (XRP) ETF in Canada

February 2, 2025 1 min read

Purpose Investments, a Canadian asset management firm, has proposed the first exchange-traded product (ETF) based on the spot value of Ripple (XRP). This move follows their success with the first Bitcoin and Ether ETFs. The firm has submitted the necessary documents to Canadian securities regulators to launch the Purpose Ripple ETF. This ETF aims to invest in long-term XRP holdings, providing a new way for investors to access this digital

The US SEC has fast-tracked approval for Bitwise’s Bitcoin and Ethereum ETF in just 45 days

February 1, 2025 1 min read

The U.S. Securities and Exchange Commission (SEC) has quickly approved Bitwise’s spot Bitcoin (BTC) and Ethereum (ETH) Exchange-Traded Fund (ETF). This approval came just 45 days after Bitwise filed the necessary paperwork, a significant reduction from the usual 240-day review period. On January 30, the SEC approved NYSE Arca’s 19b-4 filing, allowing the ETF to be listed and traded. The fund will invest based on the market capitalization of Bitcoin

Bitwise files for a physically-backed Dogecoin ETF with the SEC

January 30, 2025 1 min read

Bitwise Asset Management has filed for a Dogecoin ETF with the US Securities and Exchange Commission (SEC). This application was submitted on January 28. It follows a previous attempt to register a Dogecoin ETF through a Delaware trust. This is the second Dogecoin ETF filing recently after Rex Shares applied for multiple meme coin ETFs, including Dogecoin, Bonk, and Donald Trump’s TRUMP token. Bloomberg analyst James Seyffart mentioned on X

The SEC removes references to its Ripple lawsuit from its website

January 30, 2025 2 mins read

The SEC’s recent actions have caused a stir in the crypto community. They have removed references to their lawsuit against Ripple from their website. This has led to speculation that the case might be dropped. However, legal experts confirm that the lawsuit is still active on PACER, the official court database. The legal dispute between Ripple and the SEC has been ongoing for four years. There have been rumors of

Why You’re Not a Millionaire Yet—Stop Ignoring Memecoins! Here Are the Top 5 Picks for Your First Crypto Million

January 25, 2025 7 mins read

Many people wonder why they haven’t struck it rich in the digital currency market. Overlooking playful but potent tokens might be the reason. There are certain coins that started as jokes but have skyrocketed in value. Discover the top five of these unique cryptocurrencies that could lead to a substantial financial breakthrough. Score Big with XYZ: The New Meme Coin Heavyweight The fans are losing it! The XYZ token is