News

🌐 Canary Capital Files Second XRP ETF In the US

After Bitwise made the first move for XRP ETF in the United States, Canary Capital has submitted the second filing with the SEC

Crypto investment firm Canary Capital has made a bold move by filing for a spot XRP ETF product in the United States. The firm named the product the Canary XRP ETF in the form S-1 registration statement lodged with the Securities and Exchange Commission (SEC).

🤔 Will Michael Saylor Buy 69,370 Bitcoins If US Government Sells?Will Michael Saylor Buy 69,370 Bitcoins If US Government Sells?

Peter Schiff teases Michael Saylor to buy all 69,370 Bitcoins if US government sells after Silk Road seizure. Will he accept the challenge?

Recent reports suggest that the US government finally has custody of 69,370 Bitcoins, worth $4.38 billion, seized from the Silk Road dark web marketplace. This has got many crypto enthusiasts to question what if the US government triggers a sell-off similar to Germany’s this year in July. Bitcoin critic Peter Schiff teases MicroStrategy chairman Michael Saylor to raise another $4 billion debt to buy these Bitcoins.

🇺🇸 Is XRP ETF Approval Imminent In the US? Here’s What Expert Thinks

Experts remain optimistic on a potential XRP ETF launch in the US, especially after Canary Capital's filing, despite the recent US SEC appeal in the Ripple SEC case.

The second filing for XRP ETF by Canary Capital has sparked optimism in the market, with many experts revealing potential approval chances for the investment instrument. Meanwhile, this comes just after Bitwise made the first filing for such an ETF in the United States. In addition, the latest filing also comes as the US SEC has filed an appeal in the Ripple SEC case, which has further sparked discussions in the market.

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Markets

📊 Crypto Prices Today October 9: BTC & Altcoins Turbulent But EIGEN Soars 9%

The crypto prices today have showcased a set of mixed price actions, sparking contrasting market sentiments as BTC & altcoins are volatile.

The crypto prices today have illustrated mixed actions, sparking investor speculations globally. Bitcoin (BTC) price encountered considerable volatility to reach the $62K level, whereas ETH continued moving along the $2,400 mark. Simultaneously, Solana (SOL) and XRP prices experienced slight dips in the past 24 hours. However, EigenLayer (EIGEN) surfaced as today’s top gainer in the market.

⚠️ Binance Delists BTC, ETH, & BNB Pairs Sparking Price Crash Speculations

Binance announced the delisting of four key trading pairs from its platform, including BTC, ETH, and BNB, sparking price crash speculations and mixed market reactions.

In a recent announcement, the leading crypto exchange Binance has announced to remove certain key pairs from its platform. According to the release, the exchange will release four pairs related to BTC, ETH, BNB, and DAI. This move has sparked speculations over the potential reason behind such decision, while also fueling discussions over its impact on the prices.

🧐 5 Key Effects on Bitcoin Price After HBO’s Bitcoin Creator Documentary Release

HBO's Bitcoin creator documentary sparks controversy, claiming Peter Todd as Satoshi Nakamoto. Explore 5 key effects of this on Bitcoin price?

Bitcoin (BTC) price today shows no directional bias and continues to consolidate in a tight range. Investors can expect BTC to break to the downside if the immediate support level fails to hold. While most of this outlook for BTC can be attributed to the macroeconomic policies and geopolitical tension, a part of it could be due to HBO’s Bitcoin creator documentary release.