21Shares files S-1 for XRP ETF amid ongoing tension between Ripple and SEC
Swiss-based 21Shares has filed an S-1 registration statement with the U.S. Securities and Exchange Commission (SEC) to launch a spot exchange-traded fund (ETF) tracking XRP, the cryptocurrency associated with Ripple Labs. This move comes amid ongoing legal disputes between Ripple and the SEC, which has accused Ripple of conducting unregistered securities offerings through XRP sales. […]
Ethereum Price Forecast: ETH could retest $2,707 as investors resume accumulation
Ethereum (ETH) has seen recent upward momentum, currently hovering around $2,476 with a 1% gain over the past day. Analysts suggest that ETH could retest the $2,707 resistance level as investors continue to accumulate. Recent on-chain data shows a notable increase in long-term holding, with over 19 million ETH now held in accumulation addresses, up […]
Bitcoin Weekly Forecast: Run toward fresh all-time high hinges on US presidential election results
Bitcoin (BTC) is currently trading near $69,139, reflecting a year-to-date increase of approximately 70%. The cryptocurrency has experienced a 5% decline since reaching a local high of $73,620 on October 29. This pullback positions BTC just below its all-time high of $73,949, with market participants closely monitoring the upcoming U.S. presidential election on November 5. […]