Will the XRP price rally restart in October?

Will the XRP price rally restart in October?

XRP price must hold above $2.75 to ignite a recovery in October, which could be triggered by spot ETF approval and the potential influx of institutional capital. Key takeaways: XRP holds above a critical level in September, raising hopes about a potential recovery in October. Breaking above the $2.81 resistance is key, with technicals projecting…

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As IPO rumors swirl, Kraken secures 0M funding at B valuation: Report

As IPO rumors swirl, Kraken secures $500M funding at $15B valuation: Report

The reported funding round comes amid earlier indications that the crypto exchange is preparing for a potential public offering. Kraken has reportedly raised $500 million at a $15 billion valuation, strengthening its financial position amid growing speculation that the cryptocurrency exchange is preparing for an initial public offering (IPO). The funding was first reported by…

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Who’s in the running to become the next CFTC chair?

Who’s in the running to become the next CFTC chair?

The CFTC still doesn’t have a permanent chair, but there are reportedly several pro-crypto contenders who are under consideration to lead the agency. Almost a year into the second term of US President Donald Trump, the Commodity Futures Trading Commission (CFTC) still doesn’t have a permanent head. Former CFTC Commissioner Brian Quintenz was Trump’s top…

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SEC approves first US multi-asset crypto ETP, from Grayscale

SEC approves first US multi-asset crypto ETP, from Grayscale

The SEC approved Grayscale’s Digital Large Cap Fund, the first US multi-asset crypto ETP offering exposure to Bitcoin, Ether, XRP, Solana and Cardano. The US Securities and Exchange Commission (SEC) approved the first multi-asset cryptocurrency exchange-traded product (ETP) in the United States, clearing Grayscale’s Digital Large Cap Fund (GLDC) for listing. The fund will offer…

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