Ethereum (ETH) Near A Breakout? Analyst Says It Could Soar Another 28% By May
Ethereum (ETH) experienced a significant recovery over the past week after jumping over 10% to the $1,800 resistance. The cryptocurrency’s momentum has seen it reclaim key levels, which could ignite a 28% rally continuation in the following weeks.
Ethereum Reclaims First Horizontal Level In Months
Over the past week, Ethereum’s price has jumped around 14% to retest crucial support levels. Amid the market recovery, the cryptocurrency reclaimed the $1,600-$1,650 zone at the start of the week, holding a historical demand area as support.
According to analyst Rekt Capital, ETH is holding the bottom of its historical demand zone, between $1,650 and $1,950, after its recent performance, “repeating history also by wicking briefly below it.”
Ethereum (ETH) experienced a significant recovery over the past week after jumping over 10% to the $1,800 resistance. The cryptocurrency’s momentum has seen it reclaim key levels, which could ignite a 28% rally continuation in the following weeks.
Ethereum Reclaims First Horizontal Level In Months
Over the past week, Ethereum’s price has jumped around 14% to retest crucial support levels. Amid the market recovery, the cryptocurrency reclaimed the $1,600-$1,650 zone at the start of the week, holding a historical demand area as support.
According to analyst Rekt Capital, ETH is holding the bottom of its historical demand zone, between $1,650 and $1,950, after its recent performance, “repeating history also by wicking briefly below it.”
XRP News Roundup: 5 Blitz Factors for Ripple’s Price
XRP recently overtook Ethereum in a fundamental metric. Meanwhile, a new SEC Chair, a Coinbase XRP futures product, a whale buying spree, and a network surge all look good for prices.
XRP’s price posted a +6% green candle for the week on Friday, but other than BNB at +2% and TRX down -1%, it trailed the top 10 crypto assets by market cap. BTC posted +12% gains, ETH +12%, SOL +15%, DOGE +18%, ADA +17%, and SUI an eye-catching +74% candle.
So Ripple’s token may be undervalued at a long-term outlook, and the value buy this weekend for long-term holding crypto investors shopping out of the most favored assets by online and commercial telecom markets.
XRP recently overtook Ethereum in a fundamental metric. Meanwhile, a new SEC Chair, a Coinbase XRP futures product, a whale buying spree, and a network surge all look good for prices.
XRP’s price posted a +6% green candle for the week on Friday, but other than BNB at +2% and TRX down -1%, it trailed the top 10 crypto assets by market cap. BTC posted +12% gains, ETH +12%, SOL +15%, DOGE +18%, ADA +17%, and SUI an eye-catching +74% candle.
So Ripple’s token may be undervalued at a long-term outlook, and the value buy this weekend for long-term holding crypto investors shopping out of the most favored assets by online and commercial telecom markets.
Bitwise has made the first move to file a spot NEAR ETF product.
The firm’s filing complements growing crypto ETF products in the market.
NEAR price responded to the filing with a mild but bullish uptick.
Renowned investment firm, Bitwise Asset Management, has filed to register a NEAR Exchange Traded Fund (ETF) in Delaware. Notably, this move has triggered a surge in the price of NEAR.
According to market data, the underlying cryptocurrency has increased by more than 5% since the filing was announced.
The firm’s filing complements growing crypto ETF products in the market.
NEAR price responded to the filing with a mild but bullish uptick.
Renowned investment firm, Bitwise Asset Management, has filed to register a NEAR Exchange Traded Fund (ETF) in Delaware. Notably, this move has triggered a surge in the price of NEAR.
According to market data, the underlying cryptocurrency has increased by more than 5% since the filing was announced.
SUI Shows Relative Strength Against Bitcoin – New Uptrend In Play?
SUI has been trading with impressive strength since setting a local low around $1.71 just over two weeks ago. Since Monday, SUI has gained more than 79% in value, reflecting a surge in bullish sentiment and positioning itself as one of the standout performers in the current market environment.
However, risks remain elevated as tensions between the US and China continue to escalate, creating uncertainty across financial markets. Trade conflicts and geopolitical friction could still weigh heavily on risk assets if conditions worsen.
Top analyst Kaleo shared an analysis highlighting that SUI is gaining strength against Bitcoin, marking one of the first times in recent months that an altcoin shows significant relative performance compared to BTC. This strength is notable as most altcoins have struggled to outperform Bitcoin in a market dominated by caution and defensive positioning.
SUI has been trading with impressive strength since setting a local low around $1.71 just over two weeks ago. Since Monday, SUI has gained more than 79% in value, reflecting a surge in bullish sentiment and positioning itself as one of the standout performers in the current market environment.
However, risks remain elevated as tensions between the US and China continue to escalate, creating uncertainty across financial markets. Trade conflicts and geopolitical friction could still weigh heavily on risk assets if conditions worsen.
Top analyst Kaleo shared an analysis highlighting that SUI is gaining strength against Bitcoin, marking one of the first times in recent months that an altcoin shows significant relative performance compared to BTC. This strength is notable as most altcoins have struggled to outperform Bitcoin in a market dominated by caution and defensive positioning.
Dogecoin Flashes Multiple Bullish Flags All Pointing To $1
The dream of seeing Dogecoin trade at $1 remains alive among its community of loyal investors, even as the meme coin continues to struggle below the $0.20 mark. Despite the relatively low current price, positivity has returned to Dogecoin in recent days, with the cryptocurrency climbing 2.1% over the past 24 hours and registering a 17% surge in the past seven days. Some analysts believe that Dogecoin may be setting the stage for a much larger rally that could bring the long-awaited $1 target within reach, citing technical setups that are flashing bullish signals.
Analyst Identifies Bull Flag Pattern That Could Spark A Breakout
According to crypto trader Kamran Asghar, Dogecoin has developed a classic bull flag pattern on its weekly candlestick timeframe chart. This technical formation is typically seen as a continuation pattern, signaling the likelihood of a breakout to the upside.
The dream of seeing Dogecoin trade at $1 remains alive among its community of loyal investors, even as the meme coin continues to struggle below the $0.20 mark. Despite the relatively low current price, positivity has returned to Dogecoin in recent days, with the cryptocurrency climbing 2.1% over the past 24 hours and registering a 17% surge in the past seven days. Some analysts believe that Dogecoin may be setting the stage for a much larger rally that could bring the long-awaited $1 target within reach, citing technical setups that are flashing bullish signals.
Analyst Identifies Bull Flag Pattern That Could Spark A Breakout
According to crypto trader Kamran Asghar, Dogecoin has developed a classic bull flag pattern on its weekly candlestick timeframe chart. This technical formation is typically seen as a continuation pattern, signaling the likelihood of a breakout to the upside.
Bitcoin Bullish Pattern Points To $103,000 Target – Details
The prices of Bitcoin moved by 12% in the past week, in line with a steady demand for the premier cryptocurrency. While there has been some price retracement in the last day, bullish sentiments remain high with market expectations of a further price appreciation.
Bitcoin Bullish Flag Signals More Gains Ahead
Following Bitcoin’s recent price surge, X market analyst Titan of Crypto reports that a clear bull flag has emerged on the 4-hour chart, suggesting a strong potential for a sustained price rally.
The bull flag pattern, which signals continuation, consists of a sharp rise — the “flagpole”, as seen when BTC prices moved from $83,000 to $94,700 between April 20 – April 23. Thereafter, this is followed by a period of consolidation with downward-sloping, parallel trendlines, resembling a flag on the pole. This range-bound movement was seen as BTC moved between $91,800 – $94,700 between April 23-24.
The prices of Bitcoin moved by 12% in the past week, in line with a steady demand for the premier cryptocurrency. While there has been some price retracement in the last day, bullish sentiments remain high with market expectations of a further price appreciation.
Bitcoin Bullish Flag Signals More Gains Ahead
Following Bitcoin’s recent price surge, X market analyst Titan of Crypto reports that a clear bull flag has emerged on the 4-hour chart, suggesting a strong potential for a sustained price rally.
The bull flag pattern, which signals continuation, consists of a sharp rise — the “flagpole”, as seen when BTC prices moved from $83,000 to $94,700 between April 20 – April 23. Thereafter, this is followed by a period of consolidation with downward-sloping, parallel trendlines, resembling a flag on the pole. This range-bound movement was seen as BTC moved between $91,800 – $94,700 between April 23-24.
I Expect Huge Benefits from This Market Innovation’: New SEC Chair Signals Crypto Policy Shift in New Speech
It’s the dawn of a new crypto era for the U.S. Securities and Exchange Commission (SEC).
New SEC Chair Paul Atkins, who was sworn in this week, spoke at the regulator’s third “Crypto Task Force” roundtable on Friday and talked up the potential of digital assets.
He also lambasted the SEC’s previous regulatory approach toward the sector.
“This is important work as entrepreneurs across the United States are harnessing blockchain technology to modernize aspects of our financial system. I expect huge benefits from this market innovation for efficiency, cost reduction, transparency, and risk mitigation. Market participants engaging with this technology deserve clear regulatory rules of the road. Innovation has been stifled for the last several years due to market and regulatory uncertainty that unfortunately the SEC has fostered.”
It’s the dawn of a new crypto era for the U.S. Securities and Exchange Commission (SEC).
New SEC Chair Paul Atkins, who was sworn in this week, spoke at the regulator’s third “Crypto Task Force” roundtable on Friday and talked up the potential of digital assets.
He also lambasted the SEC’s previous regulatory approach toward the sector.
“This is important work as entrepreneurs across the United States are harnessing blockchain technology to modernize aspects of our financial system. I expect huge benefits from this market innovation for efficiency, cost reduction, transparency, and risk mitigation. Market participants engaging with this technology deserve clear regulatory rules of the road. Innovation has been stifled for the last several years due to market and regulatory uncertainty that unfortunately the SEC has fostered.”
XRP aiming for $5? Analysts say this rival $0.07 altcoin could be hot on its heels
XRP faces setbacks from the SEC and outdated frameworks, while Remittix emerges as a new leader in cross-border payments.
XRP is one of the few cryptocurrencies that has actual utility. However, that utility has never been applied. There are two reasons for this. The first is the SEC, which spoiled XRP’s fun and the second is that XRP tries to play within existing frameworks when an entire industry overhaul is needed.
While Ripple’s enthusiasts claim that the XRP price can reach $5.00, the market is much more conservative, especially in light of Remittix, a new PayFi token that is already showing XRP how cross-border payments should be made.
XRP faces setbacks from the SEC and outdated frameworks, while Remittix emerges as a new leader in cross-border payments.
XRP is one of the few cryptocurrencies that has actual utility. However, that utility has never been applied. There are two reasons for this. The first is the SEC, which spoiled XRP’s fun and the second is that XRP tries to play within existing frameworks when an entire industry overhaul is needed.
While Ripple’s enthusiasts claim that the XRP price can reach $5.00, the market is much more conservative, especially in light of Remittix, a new PayFi token that is already showing XRP how cross-border payments should be made.
Crypto Whale Invests Over $5 million in TRUMP for Presidential Dinner Invitation
In Brief
Major crypto investors are aggressively buying the TRUMP memecoin, motivated by the chance to attend a private dinner with US President Donald Trump.
Blockchain analyst EmberCN reported that a prominent whale reinvested early profits and additional funds, purchasing $5.73 million worth of TRUMP tokens.
The TRUMP project team clarified that eligibility for the dinner is based on a time-weighted leaderboard, not the raw rankings seen on public blockchain explorers.
Top crypto investors are making bold moves into the TRUMP meme coin, driven by the prospect of dining with US President Donald Trump.
On April 26, blockchain researcher EmberCN flagged notable whale activity around the TRUMP token.
Whale Activity Surges as TRUMP Token Holders Aim for Presidential Dinner Invites
EmberCN reported that a major investor initially gained $732,000 in early profits but chose to stay in the game rather than cash out.
In Brief
Major crypto investors are aggressively buying the TRUMP memecoin, motivated by the chance to attend a private dinner with US President Donald Trump.
Blockchain analyst EmberCN reported that a prominent whale reinvested early profits and additional funds, purchasing $5.73 million worth of TRUMP tokens.
The TRUMP project team clarified that eligibility for the dinner is based on a time-weighted leaderboard, not the raw rankings seen on public blockchain explorers.
Top crypto investors are making bold moves into the TRUMP meme coin, driven by the prospect of dining with US President Donald Trump.
On April 26, blockchain researcher EmberCN flagged notable whale activity around the TRUMP token.
Whale Activity Surges as TRUMP Token Holders Aim for Presidential Dinner Invites
EmberCN reported that a major investor initially gained $732,000 in early profits but chose to stay in the game rather than cash out.
Memecoin mania hits the market: TRUMP leads the charge, XYZVerse targets 30x growth
Memecoin fever is sweeping the crypto market as TRUMP surges on political hype and XYZVerse eyes a 30x breakout.
Memecoins are the wildest play in the crypto market. What are they? Just a joke, some would say. However, history knows real cases where a memecoin surged thousands of percent.
Ask a SHIB holder who watched their $4,500 investment surge to nearly $15 million. But wait — there’s an even more stunning story. The cost of a pizza, just $27, turned into $52 million in the hands of a savvy PEPE investor.
Today, memecoins are evolving beyond the promise of huge profits. They are coming with real-world perks, like landing a dinner with a president.
Memecoin fever is sweeping the crypto market as TRUMP surges on political hype and XYZVerse eyes a 30x breakout.
Memecoins are the wildest play in the crypto market. What are they? Just a joke, some would say. However, history knows real cases where a memecoin surged thousands of percent.
Ask a SHIB holder who watched their $4,500 investment surge to nearly $15 million. But wait — there’s an even more stunning story. The cost of a pizza, just $27, turned into $52 million in the hands of a savvy PEPE investor.
Today, memecoins are evolving beyond the promise of huge profits. They are coming with real-world perks, like landing a dinner with a president.
Spot Bitcoin ETFs See Best Week Since 2024 Amid Market Recovery
Bitcoin investment products just recorded one of their strongest weeks in recent memory, as spot BTC ETFs based in the U.S. attracted over $3 billion in new inflows.
This marks their best performance since November 2024, according to data from SoSoValue.
Leading the charge were BlackRock’s IBIT and Fidelity’s FBTC, which together captured the vast majority of Friday’s inflows — $240 million and $108 million respectively, accounting for 92% of that day’s total activity. The strong inflow streak helped lift total assets in spot Bitcoin ETFs close to $110 billion, with IBIT now controlling nearly 3% of Bitcoin’s circulating supply.
BlackRock’s Jay Jacobs commented that growing global uncertainty is pushing investors toward alternatives like gold and Bitcoin, assets perceived to behave differently from traditional markets.
Bitcoin investment products just recorded one of their strongest weeks in recent memory, as spot BTC ETFs based in the U.S. attracted over $3 billion in new inflows.
This marks their best performance since November 2024, according to data from SoSoValue.
Leading the charge were BlackRock’s IBIT and Fidelity’s FBTC, which together captured the vast majority of Friday’s inflows — $240 million and $108 million respectively, accounting for 92% of that day’s total activity. The strong inflow streak helped lift total assets in spot Bitcoin ETFs close to $110 billion, with IBIT now controlling nearly 3% of Bitcoin’s circulating supply.
BlackRock’s Jay Jacobs commented that growing global uncertainty is pushing investors toward alternatives like gold and Bitcoin, assets perceived to behave differently from traditional markets.
XRP Price To $10 As Fed Clears Path for RLUSD Adoption?
XRP price traded at $2.25 after rejecting $2.30, entering a demand zone for a potential rebound.
Fed removes prior approval rule for banks in crypto, boosting RLUSD’s adoption path.
Sistine Research targets a $33–$50 XRP price by 2027 after a multi-year breakout.
XRP price has seen renewed bullish interest following a series of major developments both technically and fundamentally. After reaching a local high at $2.30, Ripple’s token entered a demand zone where past rallies have ignited.
Meanwhile, a new policy shift by the U.S. Federal Reserve has unlocked key opportunities for Ripple’s stablecoin, RLUSD. Analyst BarriC saw this as a pivotal moment for institutional adoption. Coupled with Sistine Research’s $50 long-term XRP forecast, the outlook is increasingly positive for Ripple’s native asset.
XRP price traded at $2.25 after rejecting $2.30, entering a demand zone for a potential rebound.
Fed removes prior approval rule for banks in crypto, boosting RLUSD’s adoption path.
Sistine Research targets a $33–$50 XRP price by 2027 after a multi-year breakout.
XRP price has seen renewed bullish interest following a series of major developments both technically and fundamentally. After reaching a local high at $2.30, Ripple’s token entered a demand zone where past rallies have ignited.
Meanwhile, a new policy shift by the U.S. Federal Reserve has unlocked key opportunities for Ripple’s stablecoin, RLUSD. Analyst BarriC saw this as a pivotal moment for institutional adoption. Coupled with Sistine Research’s $50 long-term XRP forecast, the outlook is increasingly positive for Ripple’s native asset.
ProShares Trust will launch three XRP futures ETFs that will offer exposure to the price movements of XRP via an index.
The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust on April 30, an SEC filing shows. On Jan. 17, days before the now crypto-friendly President Donald Trump was inaugurated, ProShares had proposed the following ETFs:
Ultra XRP ETF, which will provide 2x leverage
Short XRP ETF, which will provide inverse (-1x) leverage
Ultra Short XRP ETF, which will provide inverse (-2x) leverage
These will be the second, third, and fourth XRP-related ETFs to be launched in the U.S. On April 8, the first XRP futures ETF by Teucrium started trading at the New York Stock Exchange (NYSE) and saw a “terrific response.”
The U.S. Securities and Exchange Commission (SEC) has approved the launch of three XRP futures-based exchange-traded funds (ETFs) by ProShares Trust on April 30, an SEC filing shows. On Jan. 17, days before the now crypto-friendly President Donald Trump was inaugurated, ProShares had proposed the following ETFs:
Ultra XRP ETF, which will provide 2x leverage
Short XRP ETF, which will provide inverse (-1x) leverage
Ultra Short XRP ETF, which will provide inverse (-2x) leverage
These will be the second, third, and fourth XRP-related ETFs to be launched in the U.S. On April 8, the first XRP futures ETF by Teucrium started trading at the New York Stock Exchange (NYSE) and saw a “terrific response.”
New Bitcoin price all-time highs could occur in May — Here is why
Data suggests Bitcoin could hit new highs faster than most investors expect.
Key takeaways:
Heavy liquidations played a role in Bitcoin’s return to $95,000.
Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset.
Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above $100,000.
Bitcoin gained 11% between April 20 and April 26, demonstrating resilience by holding near its two-month high around $94,000. This relief rally followed signals from the Trump administration about easing import tariffs, as well as strong corporate earnings reports.
Data suggests Bitcoin could hit new highs faster than most investors expect.
Key takeaways:
Heavy liquidations played a role in Bitcoin’s return to $95,000.
Bitcoin’s weakening correlation with stocks highlights its growing independence as an asset.
Bullish institutional investor positioning contrasts with retail traders’ caution, supporting a rally above $100,000.
Bitcoin gained 11% between April 20 and April 26, demonstrating resilience by holding near its two-month high around $94,000. This relief rally followed signals from the Trump administration about easing import tariffs, as well as strong corporate earnings reports.
Solana: Can a 17K SOL whale action help it break the $153 resistance?
Solana is poised for a breakout, with whale moves and positive sentiment driving upward momentum.
Whale activity and strong retail sentiment indicated Solana’s potential for price movement.
Solana’s development progress and social engagement supported a bullish outlook toward resistance at $153.65.
Solana [SOL]’s recent whale activity has drawn attention, with a large transfer of over 17,481 SOL to Kraken after two years of staking.
At press time, SOL was trading at $148.52, reflecting a 1.74% decline over the past 24 hours. This price dip comes amid increasing speculation and social interest, driven in part by whale moves.
The market’s reaction to this activity could provide insights into Solana’s next major price movement, which is being closely monitored by both retail and institutional investors.
Solana is poised for a breakout, with whale moves and positive sentiment driving upward momentum.
Whale activity and strong retail sentiment indicated Solana’s potential for price movement.
Solana’s development progress and social engagement supported a bullish outlook toward resistance at $153.65.
Solana [SOL]’s recent whale activity has drawn attention, with a large transfer of over 17,481 SOL to Kraken after two years of staking.
At press time, SOL was trading at $148.52, reflecting a 1.74% decline over the past 24 hours. This price dip comes amid increasing speculation and social interest, driven in part by whale moves.
The market’s reaction to this activity could provide insights into Solana’s next major price movement, which is being closely monitored by both retail and institutional investors.
ProShares may debut leveraged, short XRP futures ETFs as soon as this week
The funds may go effective as planned, but trading might not start immediately.
Key Takeaways
ProShares plans to launch three XRP futures-based ETFs, including leveraged and inverse options.
The SEC has not raised objections to these funds, allowing them to proceed to market.
ProShares, the top issuer of leveraged and inverse exchange-traded funds, may debut three futures ETFs tied to XRP, Ripple’s native crypto asset, as soon as April 30, according to a post-effective amended prospectus filed on April 15.
The proposed products include the Short XRP ETF, offering investors the opportunity to profit from declines in the price of XRP; the Ultra XRP ETF, delivering approximately twice the daily return of XRP’s price movements; and the UltraShort XRP ETF, aimed at providing approximately twice the inverse (-2x) of XRP’s daily performance.
The funds may go effective as planned, but trading might not start immediately.
Key Takeaways
ProShares plans to launch three XRP futures-based ETFs, including leveraged and inverse options.
The SEC has not raised objections to these funds, allowing them to proceed to market.
ProShares, the top issuer of leveraged and inverse exchange-traded funds, may debut three futures ETFs tied to XRP, Ripple’s native crypto asset, as soon as April 30, according to a post-effective amended prospectus filed on April 15.
The proposed products include the Short XRP ETF, offering investors the opportunity to profit from declines in the price of XRP; the Ultra XRP ETF, delivering approximately twice the daily return of XRP’s price movements; and the UltraShort XRP ETF, aimed at providing approximately twice the inverse (-2x) of XRP’s daily performance.
UI Gains 20% In A Day—Will Ecosystem Coins Continue The Surge
SUI weekly price chart breaks out of a falling wedge pattern with main support at $2.00.
3 of the top 4 gainers in the last 24 hours are SUI coins.
SUI surpasses 80B in total DEX volume.
Sui Network (SUI) broke out its weekly wedge pattern, sparking an overall rally in the ecosystem, including its DEX volume.
Weekly SUI Coin Price Analysis
On the weekly chart, SUI showed a bullish reversal when it broke through its falling wedge pattern.
The breakout exceeded the $2.00 support, the fundamental point for the wedge structure and the double-bottom pattern’s neckline.
The bullish candle finished at $3.45 delivering strong gains. This indicated vigorous purchasing pressure and sustained momentum during the $2.00 price assessment.
SUI weekly price chart breaks out of a falling wedge pattern with main support at $2.00.
3 of the top 4 gainers in the last 24 hours are SUI coins.
SUI surpasses 80B in total DEX volume.
Sui Network (SUI) broke out its weekly wedge pattern, sparking an overall rally in the ecosystem, including its DEX volume.
Weekly SUI Coin Price Analysis
On the weekly chart, SUI showed a bullish reversal when it broke through its falling wedge pattern.
The breakout exceeded the $2.00 support, the fundamental point for the wedge structure and the double-bottom pattern’s neckline.
The bullish candle finished at $3.45 delivering strong gains. This indicated vigorous purchasing pressure and sustained momentum during the $2.00 price assessment.
Grayscale Still Tops All US Spot Bitcoin ETFs in Revenue
Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals' combined $211 million.
In brief
GBTC has maintained its revenue dominance, generating more revenue than BlackRock and other major issuers combined
Grayscale's first-mover advantage sustains its revenue lead, roughly 16 months after spot ETFs were approved.
Tax implications prevent many investors from switching to lower-fee alternatives despite potential savings.
Grayscale's Bitcoin Trust ETF (GBTC) generates more revenue than all other spot Bitcoin exchange-traded funds combined, despite charging fees that are up to seven times higher than its competitors.
Despite heavy outflows since January 2024, GBTC’s 1.5% fee still generates $268 million a year, outpacing rivals' combined $211 million.
In brief
GBTC has maintained its revenue dominance, generating more revenue than BlackRock and other major issuers combined
Grayscale's first-mover advantage sustains its revenue lead, roughly 16 months after spot ETFs were approved.
Tax implications prevent many investors from switching to lower-fee alternatives despite potential savings.
Grayscale's Bitcoin Trust ETF (GBTC) generates more revenue than all other spot Bitcoin exchange-traded funds combined, despite charging fees that are up to seven times higher than its competitors.
Stablecoins leading the charge in e-commerce evolution
Exploring stablecoins as the future of seamless global e-commerce transactions
The following is a guest post and opinion of Vitaliy Shtyrkin, Chief Product Officer at B2BINPAY.
Nowadays, businesses face a dilemma: while cryptocurrencies have several benefits, including lower fees, faster transactions, and global accessibility, they also pose such risks as uncontrolled volatility and security concerns — both of which remain critical for consumers. This is confirmed by the research published in the middle of 2022, which shows that 50.6% of online shoppers view cryptocurrency as the future of payments, while the latest survey of 4000 people in the United States demonstrates that less than 1% identify crypto as their preferred online payment method.
Exploring stablecoins as the future of seamless global e-commerce transactions
The following is a guest post and opinion of Vitaliy Shtyrkin, Chief Product Officer at B2BINPAY.
Nowadays, businesses face a dilemma: while cryptocurrencies have several benefits, including lower fees, faster transactions, and global accessibility, they also pose such risks as uncontrolled volatility and security concerns — both of which remain critical for consumers. This is confirmed by the research published in the middle of 2022, which shows that 50.6% of online shoppers view cryptocurrency as the future of payments, while the latest survey of 4000 people in the United States demonstrates that less than 1% identify crypto as their preferred online payment method.
Breaking: XRP ETF Approved, But it’s Not Spot ETF
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever XRP futures ETF, launched by ProShares. This ETF is expected to go live on April 30th, 2025. While it’s not a spot ETF — which tracks the actual price of XRP — it’s still a huge step forward for XRP’s recognition on Wall Street.
The ETF approval comes just a few years after Ripple, the company behind XRP, was locked in a long legal battle with the SEC. Now, XRP is moving from courtrooms to trading floors, joining the ranks of Bitcoin and Ethereum, which already have both futures and spot ETFs.
Some investors were unsure at first, asking, “Why futures and not spot?” But futures ETFs are often the first step. This was the path for Bitcoin and Ethereum, and experts believe a spot XRP ETF could be next. Futures trading allows big institutional investors to take positions on XRP, whether the market goes up or down — a common and healthy part of mature financial markets.
The U.S. Securities and Exchange Commission (SEC) has approved the first-ever XRP futures ETF, launched by ProShares. This ETF is expected to go live on April 30th, 2025. While it’s not a spot ETF — which tracks the actual price of XRP — it’s still a huge step forward for XRP’s recognition on Wall Street.
The ETF approval comes just a few years after Ripple, the company behind XRP, was locked in a long legal battle with the SEC. Now, XRP is moving from courtrooms to trading floors, joining the ranks of Bitcoin and Ethereum, which already have both futures and spot ETFs.
Some investors were unsure at first, asking, “Why futures and not spot?” But futures ETFs are often the first step. This was the path for Bitcoin and Ethereum, and experts believe a spot XRP ETF could be next. Futures trading allows big institutional investors to take positions on XRP, whether the market goes up or down — a common and healthy part of mature financial markets.