Crypto News
$1 Billion More Bitcoin for Strategy? Of Course, It’s Monday
The public company made its largest Bitcoin buy since early May, scooping up 10,100 Bitcoin. Source link
Fed Watchers Eye September as Tension Builds Around Central Bank Cuts
The Federal Open Market Committee (FOMC) is set to gather this Wednesday, and all signs point to the benchmark interest rate staying right where it is. But looking ahead to the coming months—starting in July—the odds of a rate cut are stacking up. Prediction Markets Hint at Powell Holding—For Now Global markets will be tunedSource link
Spot XRP ETF Set to Start Trading in Canada This Week After Regulatory Nod, Token Up...
Asset manager Purpose Investments is set to launch a spot XRP XRP exchange-traded fund (ETF) in Canada this week after obtaining regulatory approval, giving investors a way to gain exposure to the fourth-largest cryptocurrency by market capitalization through traditional investment accounts.The ETF will start trading on the Toronto Stock Exchange on Wednesday, June 18, under the XRPP ticker, according to a Monday press release. The move comes after the Ontario Securities Commission (OSC) granted final prospectus receipt for the investment vehicle, the company said.XRP was up nearly 7% over the past 24 hours following the news, outperforming bitcoin BTC and the broad-market CoinDesk 20 Index."The OSC’s granting of a receipt for the Purpose XRP ETF prospectus reinforces Canada’s global leadership...
CoinShares Solana ETF Joins Growing List of Applications for Altcoin-Based Funds
The CoinShares Solana ETF would track the sixth largest crypto by market cap and trade on the Nasdaq.Source link
Trump’s Bitcoin Bet Lifts BTC and ETH as Wall Street Panics Over Iran: Analysis
The crypto market shrugged off global conflict with BTC and ETH holding the line, preventing a panic episode in the crypto scene.Source link