🚨 Breaking Crypto News – What’s the Big Story Today?

Author

CoinGape Media
March 12, 2025

News

Crypto market analysts believe that a spot XRP ETF filing coming from the world’s largest asset manager BlackRock could speed up the approval process. This discussion sparks within the XRP community as the U.S. Securities and Exchange Commission (SEC) delayed the decision on ETF filing for Ripple cryptocurrency by Canary Capital and Grayscale.

🔥 21Shares Reduces Fees for Bitcoin Ethereum Core ETP, Lists on Xetra

In a groundbreaking revelation, 21Shares announced a significant reduction in the management fees for its Bitcoin Ethereum Core ETP (ABBA). In addition, the ETP provider listed ABBA on the Xetra exchange, effective March 12, 2025, aiming to make crypto investments more affordable and accessible. Notably, 21Shares’ ABBA offers investors a cost-effective way to invest in both Bitcoin and Ethereum, with the added security of being fully backed by these two leading cryptocurrencies. Let’s now unveil how the latest development will provide advanced investment opportunities in Bitcoin and Ethereum.

Markets

Crypto prices today show a notable recovery, with Bitcoin, XRP, and Dogecoin rebounding amid shifting macroeconomic conditions. The White House has dismissed concerns about a looming recession, and the weakening US dollar is driving optimism towards risk assets. As crypto traders react to these developments, is a stronger rally on the horizon?

đź“Š Bitcoin Price Nears $85K as US CPI Crashes to 2.8% in February

Bitcoin price today rose to $83,500 after the US published encouraging February Consumer Price Index (CPI) data. Ethereum (ETH) approached $2,000, while XRP, Solana, and Cardano jumped by over 5% after the CPI report. American equities also rebounded after the CPI report, with the futures tied to the Dow Jones and Nasdaq 100 indices rising by over 300 points. S&P 500 index futures rose by 60 points.