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Why Is XRP Price Up Today? Key Reasons ExplainedThe XRP price is experiencing a significant uptick, rising 20% over the past two days and an impressive 47% in the last five days. The surge can be attributed to a confluence of factors, including speculation surrounding SEC Chairman Gary Gensler’s potential resignation, favorable regulatory tailwinds under the incoming Trump administration, increased whale activity, and a notable technical breakout. #1 Speculation About SEC Chairman Gary Gensler’s Resignation A primary driver behind XRP’s recen

Why Is XRP Price Up Today? Key Reasons Explained

The XRP price is experiencing a significant uptick, rising 20% over the past two days and an impressive 47% in the last five days. The surge can be attributed to a confluence of factors, including speculation surrounding SEC Chairman Gary Gensler’s potential resignation, favorable regulatory tailwinds under the incoming Trump administration, increased whale activity, and a notable technical breakout.
#1 Speculation About SEC Chairman Gary Gensler’s Resignation
A primary driver behind XRP’s recen
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570 Million XRP Moved in One Hour, Shiba Inu's Shytoshi Kusama Seeks Audience With Ethereum's Vitali570 million XRP in one hour – What's happening? Yesterday, Nov. 7, Whale Alert blockchain tracking platform spotted two large transactions that took place within one hour, cumulatively carrying more than half a billion XRP coins. The timing of transactions coincided with a notable increase in the XRP price that reached $0.57825. One transaction contained 100,000,000 XRP worth $53,270,381, while the other transfer carried 470,000,000 XRP valued at $250,454,910. The larger transfer was executed by

570 Million XRP Moved in One Hour, Shiba Inu's Shytoshi Kusama Seeks Audience With Ethereum's Vitali

570 million XRP in one hour – What's happening?
Yesterday, Nov. 7, Whale Alert blockchain tracking platform spotted two large transactions that took place within one hour, cumulatively carrying more than half a billion XRP coins. The timing of transactions coincided with a notable increase in the XRP price that reached $0.57825. One transaction contained 100,000,000 XRP worth $53,270,381, while the other transfer carried 470,000,000 XRP valued at $250,454,910. The larger transfer was executed by
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SEC Reviews Proposal For First Multi-Crypto ETF
AI Summary
According to Cointelegraph, United States regulators are currently evaluating a proposal to list the first exchange-traded fund (ETF) that includes a diverse range of cryptocurrencies, as announced by asset manager Grayscale on November 4. The securities exchange NYSE Arca submitted a request to the Securities and Exchange Commission (SEC) on October 29, seeking approval to list shares of the Grayscale Digital Large Cap Fund (GDLC).

Grayscale highlighted that the proposed rule change, if approved, would establish the first national securities exchange ruleset allowing the listing and trading of shares of multi-crypto asset ETFs. The GDLC fund, which was established in 2018, comprises a crypto index portfolio that includes Bitcoin (BTC), Ether (ETH), Solana (SOL), Avalanche (AVAX), and XRP (XRP). Despite its creation, the fund is not yet available for trading on public exchanges. As of November 4, GDLC manages approximately $534 million in assets, according to Grayscale’s website.

The NYSE's request for a rule change was published in the federal register on November 4, initiating a 240-day period for the SEC to make a decision on whether to approve the ETF for trading. Grayscale faces competition from other proposed index funds, including those from asset managers Hashdex and Franklin Templeton. However, GDLC stands out by including altcoins such as SOL, AVAX, and XRP, whereas the Hashdex and Franklin Templeton funds plan to initially hold only BTC and ETH.

Industry experts suggest that crypto index ETFs are becoming a significant focus for issuers following the listing of ETFs holding BTC and ETH earlier this year. Katalin Tischhauser, head of investment research at crypto bank Sygnum, noted that index ETFs are efficient for investors, similar to how people invest in the S&P 500 through ETFs. This trend is expected to extend to the crypto market.

Asset managers and exchanges are actively filing to register various proposed altcoin ETFs, including funds holding SOL, XRP, and Litecoin (LTC), which analysts view as a strategic move in anticipation of the US presidential election outcome. David LaValle, Grayscale’s global head of ETFs, stated that Grayscale and NYSE Arca have carefully developed a proposed ruleset to facilitate the listing and trading of shares of multi-crypto asset ETPs within the SEC’s existing framework. 
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SEC Reviews Proposal For First Multi-Crypto ETFAI Summary According to Cointelegraph, United States regulators are currently evaluating a proposal to list the first exchange-traded fund (ETF) that includes a diverse range of cryptocurrencies, as announced by asset manager Grayscale on November 4. The securities exchange NYSE Arca submitted a request to the Securities and Exchange Commission (SEC) on October 29, seeking approval to list shares of the Grayscale Digital Large Cap Fund (GDLC). Grayscale highlighted that the proposed rule change

SEC Reviews Proposal For First Multi-Crypto ETF

AI Summary
According to Cointelegraph, United States regulators are currently evaluating a proposal to list the first exchange-traded fund (ETF) that includes a diverse range of cryptocurrencies, as announced by asset manager Grayscale on November 4. The securities exchange NYSE Arca submitted a request to the Securities and Exchange Commission (SEC) on October 29, seeking approval to list shares of the Grayscale Digital Large Cap Fund (GDLC).

Grayscale highlighted that the proposed rule change
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Tether Under Investigation 😑

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Tether Investigation Shakes Crypto Market Amidst Alleged U.S. Government Scrutiny
According to Cointelegraph: The crypto market faced a wave of uncertainty following an exclusive report by The Wall Street Journal on October 25, suggesting ongoing U.S. government investigations into Tether, the stablecoin issuer behind USDT. The report claimed that the U.S. Department of Justice and Treasury Department are scrutinizing Tether over potential illicit use of its stablecoin, including allegations of facilitation in illegal financing activities. In response, Tether CEO Paolo Ardoino dismissed the report as “old noise” aimed at spreading unfounded fears. Claims of a Criminal Investigation and Potential SanctionsAccording to the WSJ, the U.S. Attorney’s Office for the Southern District of New York has reportedly been investigating Tether for several years over alleged illicit uses of USDT. Simultaneously, the U.S. Treasury Department is said to be considering sanctions against Tether for its alleged association with sanctioned entities. Despite these claims, Tether categorically denied the allegations, calling the accusations “outrageous” and emphasizing its cooperation with over 145 law enforcement agencies in recovering $108.8 million in USDT linked to illicit activities.Crypto Market Reacts to NewsNews of the investigation impacted the broader crypto market, with Bitcoin dropping from $67,367 to $66,016 and Ethereum, BNB, Solana, and XRP following suit with declines. Tether’s CEO labeled the WSJ report as “regurgitating old noise” without substantiated evidence, aiming to quell market anxieties surrounding the stablecoin issuer.Background and Ongoing CriticismTether and Bitfinex faced previous regulatory action, including a $42.5 million fine by the Commodity Futures Trading Commission (CFTC) in 2021 for regulatory violations. In a May podcast, Ripple CEO Brad Garlinghouse also mentioned potential U.S. scrutiny on Tether, adding to an ongoing narrative of regulatory pressures.The crypto market remains wary as allegations surface again, awaiting further clarity on Tether’s regulatory future.
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What’s Happening In Crypto Today? Daily Crypto News Digest
Why is crypto down today?
The global cryptocurrency market cap currently stands at approximately $2.47 trillion, reflecting a slight decline of 0.7% over the past 24 hours.
Bitcoin is priced at $68,174.75, experiencing a marginal decrease of 0.3% in the past 24 hours.
Ethereum follows with a price of $2,701.83, rising by 2.0% over the same period.
Solana has also shown growth, increasing by 4.3% in the last 24 hours to $165.86, and XRP has risen by 2.3% to $0.5529.
Lido Staked Ether (STETH) is trading at $2,702.36, reflecting a 2.1% increase in the past 24 hours.
Meanwhile, Dogecoin has shown significant growth, climbing 1.1% in 24 hours and 27.6% over the past week, now priced at $0.1444.

However, some meme coins have faced steep declines, with KLAUS dropping by 8.7%.
Others in the top 15, such as TRON (TRX), are up slightly by 0.6% at $0.1574, while Avalanche (AVAX) is down by 3.3% at $28.29 over the last seven days.
Among the top 100 cryptocurrencies, several coins have demonstrated impressive gains despite the overall market’s minor dip.
Leading the largest gainers is KOALA AI, which has surged by an impressive 67.9%, now trading at $0.05885.
Penumbra follows closely with a notable increase of 37.2%, currently priced at $0.8719.
Additionally, Fwog has seen a strong performance, climbing 40.7% to $0.2231.
Digital Asset Investment Products See $2.2B in Inflows
In crypto news today, digital asset investment products experienced a significant surge, with inflows reaching $2.2 billion, marking the highest weekly increase since July.
The renewed interest is believed to be fueled by expectations of a potential Republican victory in the upcoming US elections, as they are generally seen as more supportive of digital assets, CoinShares reported.
Bitcoin was the primary recipient of these inflows, receiving $2.13 billion, while short-bitcoin products also saw their largest inflows since March, amounting to $12 million.
Ethereum attracted $58 million in inflows, while other altcoins like Solana, Litecoin, and XRP garnered $2.4 million, $1.7 million, and $0.7 million, respectively.
Notably, multi-asset products broke their 17-week inflow streak with outflows of $5.3 million.
Ethereum attracted $58 million in inflows, while other altcoins like Solana, Litecoin, and XRP garnered $2.4 million, $1.7 million, and $0.7 million, respectively.
Notably, multi-asset products broke their 17-week inflow streak with outflows of $5.3 million.
Coinbase CEO Backs Pro-Crypto Republican Senate Candidates
Coinbase co-founder and CEO Brian Armstrong has publicly endorsed several Republican candidates running for the U.S. Senate in the upcoming November elections.
On October 20, Armstrong took to X to express his support for candidates with pro-crypto stances, including XRP advocate and lawyer John Deaton, as well as former Bridgewater Associates CEO David McCormick.
Both Deaton and McCormick are running as Republicans, with Deaton seeking a Senate seat in Massachusetts and McCormick vying for a seat in Pennsylvania.
Japanese Authorities Arrest Gang of 18 in Monero-Based Fraud Case
In other crypto news today, for the first time in crypto history, Japanese authorities have arrested a group of 18 scammers by tracking Monero transactions.
The group was involved in money laundering, using the privacy-focused cryptocurrency Monero, which led to around 100 million yen (approximately $670,000) in damages during their illegal activities.
The investigation involved analyzing roughly 900 Monero-based transactions, a significant milestone for Japan’s law enforcement, marking the first time Monero transactions were used to identify and apprehend criminals.
Among those arrested was the suspected leader, Yuta Kobayashi, who, along with the other members, was charged with money laundering and computer fraud.
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What’s Happening In Crypto Today? Daily Crypto News DigestWhy is crypto down today? The global cryptocurrency market cap currently stands at approximately $2.47 trillion, reflecting a slight decline of 0.7% over the past 24 hours. Bitcoin is priced at $68,174.75, experiencing a marginal decrease of 0.3% in the past 24 hours. Ethereum follows with a price of $2,701.83, rising by 2.0% over the same period. Solana has also shown growth, increasing by 4.3% in the last 24 hours to $165.86, and XRP has risen by 2.3% to $0.5529. Lido Staked Ether (STETH) is t

What’s Happening In Crypto Today? Daily Crypto News Digest

Why is crypto down today?
The global cryptocurrency market cap currently stands at approximately $2.47 trillion, reflecting a slight decline of 0.7% over the past 24 hours.
Bitcoin is priced at $68,174.75, experiencing a marginal decrease of 0.3% in the past 24 hours.
Ethereum follows with a price of $2,701.83, rising by 2.0% over the same period.
Solana has also shown growth, increasing by 4.3% in the last 24 hours to $165.86, and XRP has risen by 2.3% to $0.5529.
Lido Staked Ether (STETH) is t
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Elon Musk Announces $1 Million Nightly Giveaway to Support U.S. Constitution
According to PANews, Elon Musk announced on social media platform X (formerly Twitter) that he will be giving away $1 million each night to a lucky participant who signs a petition supporting the US Constitution. This initiative aims to promote awareness and protection of constitutional rights.Previously, Musk awarded $1 million each to two Pennsylvania residents to encourage their support for the First and Second Amendments. Musk's latest move is part of a broader effort to highlight the importance of constitutional rights.Reports from yesterday indicated that Musk plans to continue this nightly giveaway until Election Day, randomly selecting American voters to receive the $1 million prize.
Here’s what happened in crypto todayToday in crypto, spot Bitcoin exchange-traded funds (ETFs) in the United States have reached a major milestone in net flows, crossing the $20 billion mark on Oct. 17, Vitalik Buterin is aiming for Ethereum and its layer 2s to reach over 100,000 transactions per second (TPS) in the next step of its roadmap, and Bitcoin is attempting to break its 217-day downtrend. Bitcoin ETFs hit $20 billion milestone as price remains stuck in downtrend US-based spot Bitcoin BTCUSD ETFs crossed $20 billion in to

Here’s what happened in crypto today

Today in crypto, spot Bitcoin exchange-traded funds (ETFs) in the United States have reached a major milestone in net flows, crossing the $20 billion mark on Oct. 17, Vitalik Buterin is aiming for Ethereum and its layer 2s to reach over 100,000 transactions per second (TPS) in the next step of its roadmap, and Bitcoin is attempting to break its 217-day downtrend.
Bitcoin ETFs hit $20 billion milestone as price remains stuck in downtrend
US-based spot Bitcoin BTCUSD ETFs crossed $20 billion in to
Sorry for mistakenly i can't add the reward 😂 Here we go happy now? 💥
Sorry for mistakenly i can't add the reward 😂
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‘Big News’—Donald Trump Declares ‘Crypto Is The Future’ After Blowing Up The Bitcoin Price
The bitcoin price has shot toward $70,000 per bitcoin, up from under $60,000 last week, as MicroStrategy founder Michael Saylor reveals his huge $100 trillion "endgame."
Now, as Tesla billionaire Elon Musk warns the U.S. could collapse into "bankruptcy," the sale of a new cryptocurrency backed by former U.S. president Donald Trump has sent the bitcoin price and crypto market sharply higher—as Trump's odds of retaking the White House next month climb.
"There are just three weeks to go until the U.S. election. If we can believe Polymarket, Trump now has a 56% chance of winning the presidency and a Republican sweep is now at 39%," Geoff Kendrick, head of crypto research at Standard Chartered Bank, said in an emailed note, referring the odds on the crypto-powered Polymarket betting platform.
"That means that in conditional probability space if Trump wins there is a 70% chance of a Republican sweep. Digital Assets have finally started to move higher on this."
10/16 update: Donald Trump has posted a video on X, declaring "crypto is the future" and calling on people to "embrace this incredible technology and lead the world in the digital economy."
In the video, Trump directed people to the website of his new crypto project, World Liberty Finance, despite the website struggling to stay online.
Trump's adoption of bitcoin and crypto via his family's World Liberty Financial crypto project and his non-fungible token (NFTAPENFT +0.5%) collections as well as his promises to relax crypto regulations have pushed Harris toward a more crypto-friendly stance.
Speaking earlier this year at a bitcoin conference, Trump promised to create a U.S. bitcoin strategic reserve if reelected and predicted the bitcoin price could eventually eclipse gold.
World Liberty Financial's new WLFI cryptocurrency went on sale today, selling some 220 million tokens to more than 1,700 unique wallets within the first twenty minutes, it was reported by Coindesk.


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‘Big News’—Donald Trump Declares ‘Crypto Is The Future’ After Blowing Up The Bitcoin PriceThe bitcoin price has shot toward $70,000 per bitcoin, up from under $60,000 last week, as MicroStrategy founder Michael Saylor reveals his huge $100 trillion "endgame." Now, as Tesla billionaire Elon Musk warns the U.S. could collapse into "bankruptcy," the sale of a new cryptocurrency backed by former U.S. president Donald Trump has sent the bitcoin price and crypto market sharply higher—as Trump's odds of retaking the White House next month climb. "There are just three weeks to go until the U

‘Big News’—Donald Trump Declares ‘Crypto Is The Future’ After Blowing Up The Bitcoin Price

The bitcoin price has shot toward $70,000 per bitcoin, up from under $60,000 last week, as MicroStrategy founder Michael Saylor reveals his huge $100 trillion "endgame."
Now, as Tesla billionaire Elon Musk warns the U.S. could collapse into "bankruptcy," the sale of a new cryptocurrency backed by former U.S. president Donald Trump has sent the bitcoin price and crypto market sharply higher—as Trump's odds of retaking the White House next month climb.
"There are just three weeks to go until the U
Top 3 Coins to Buy Today if You Missed Out on Solana (SOL) and Ethereum (ETH)Disclaimer : You Can Invest In Your Own Risk. Missing the surge of Solana and Ethereum doesn’t mean the chance for significant crypto gains is over. The digital currency market is filled with undervalued tokens that show strong potential for growth. Unearthing these promising coins could provide an opportunity to invest early in assets that might soon capture the spotlight. The ZDEX Presale Is Your Rocket to DeFi Riches! The ZDEX presale is your chance to get in on the next DeFi beast before i

Top 3 Coins to Buy Today if You Missed Out on Solana (SOL) and Ethereum (ETH)

Disclaimer : You Can Invest In Your Own Risk.

Missing the surge of Solana and Ethereum doesn’t mean the chance for significant crypto gains is over. The digital currency market is filled with undervalued tokens that show strong potential for growth. Unearthing these promising coins could provide an opportunity to invest early in assets that might soon capture the spotlight.
The ZDEX Presale Is Your Rocket to DeFi Riches!
The ZDEX presale is your chance to get in on the next DeFi beast before i
Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K RangeA long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday. By Omkar Godbole Oct 9, 2024 at 4:56 p.m. A large long BTC straddle crossed the tape on Deribit, betting on a volatility explosion by the end of November.To be profitable, the options strategy needs prices to move above $87,000 or below $53,000 by expiry.A large bitcoin (BTC) options trade executed on Deribit early Wednesday anticipates a shift from the present low volatility r

Whale Alert: $1M BTC Trade Bets on Volatility Expansion Outside $53K-$87K Range

A long straddle involving the November expiry $66,000 call and put options crossed the tape on Deribit early Wednesday.
By Omkar Godbole
Oct 9, 2024 at 4:56 p.m.
A large long BTC straddle crossed the tape on Deribit, betting on a volatility explosion by the end of November.To be profitable, the options strategy needs prices to move above $87,000 or below $53,000 by expiry.A large bitcoin (BTC) options trade executed on Deribit early Wednesday anticipates a shift from the present low volatility r
Cryptoverse: Bored bitcoin seeks direction after big bangOct 8 - Bitcoin has been distinctly listless in the past three months after starting the year with a bang. The crypto leader has largely shuttled between $56,000 and $63,000 so far in the second half of the year - a contrast to the first six months when it jumped 45%, propelled by the launch of U.S. exchange-traded funds (ETFs) tracking its spot price. Market players are now eyeing possible new crypto catalysts heading into year-end and early 2025, beyond broader market-moving events such as shi

Cryptoverse: Bored bitcoin seeks direction after big bang

Oct 8 - Bitcoin has been distinctly listless in the past three months after starting the year with a bang.
The crypto leader has largely shuttled between $56,000 and $63,000 so far in the second half of the year - a contrast to the first six months when it jumped 45%, propelled by the launch of U.S. exchange-traded funds (ETFs) tracking its spot price.
Market players are now eyeing possible new crypto catalysts heading into year-end and early 2025, beyond broader market-moving events such as shi
Gigi Hadid Stumbles in Skintight Duct Tape Dress on Vetements Runway, Rebounds Like a ProThe model had a minor catwalk mishap during the Paris Fashion Week show Gigi Hadid narrowly avoided a runway wipeout. While walking for Vetements during Paris Fashion Week on Friday, Sept. 27, the 29-year-old model had a small mishap. In a video captured the The Perfect Magazine, Hadid struts down the runway and as she reaches the end, trips over her yellow heels. Perhaps more notable than her almost-fall is Hadid's tape dress. The Guest in Residence founder donned a skin-tight mini dress made

Gigi Hadid Stumbles in Skintight Duct Tape Dress on Vetements Runway, Rebounds Like a Pro

The model had a minor catwalk mishap during the Paris Fashion Week show

Gigi Hadid narrowly avoided a runway wipeout.
While walking for Vetements during Paris Fashion Week on Friday, Sept. 27, the 29-year-old model had a small mishap. In a video captured the The Perfect Magazine, Hadid struts down the runway and as she reaches the end, trips over her yellow heels.
Perhaps more notable than her almost-fall is Hadid's tape dress. The Guest in Residence founder donned a skin-tight mini dress made
SundaySunday is the day of the week between Saturday and Monday. Sunday is a day of rest in most Western countries and a part of the weekend. In some Middle Eastern countries, Sunday is a weekday.[1] For most Christians, Sunday is observed as a day of worship and rest, holding it as the Lord's Day and the day of Christ's resurrection; in the United States, Canada, Japan, as well as in parts of South America, Sunday is the first day of the week.[2] According to the Islamic calendar, Hebrew calendar an

Sunday

Sunday is the day of the week between Saturday and Monday. Sunday is a day of rest in most Western countries and a part of the weekend. In some Middle Eastern countries, Sunday is a weekday.[1]

For most Christians, Sunday is observed as a day of worship and rest, holding it as the Lord's Day and the day of Christ's resurrection; in the United States, Canada, Japan, as well as in parts of South America, Sunday is the first day of the week.[2] According to the Islamic calendar, Hebrew calendar an
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