XRP entered Tuesdays session navigating a conflicted market backdrop, where strong institutional inflows into new XRP ETFs were overshadowed by an aggressive derivatives unwinding event. Franklin Templetons XRPZ and Grayscales GXRP collectively attracted about $164 million in first-day inflows, marking one of the most impressive altcoin ETF launches in recent years. The surge highlights rising institutional demand for regulated XRP exposure and reinforces the assets growing presence in mainstream investment vehicles. Despite this bullish fundamental development, derivatives markets sent a...

Bitcoin continues to trade in what Binance CEO Richard Teng calls a healthy consolidation phase, even as the broader crypto market experiences heightened volatility. According to Teng, the recent pullback is not unique to Bitcoin but part of a wider downturn affecting speculative assets across global markets. Despite short-term turbulence, several industry voices remain confident in Bitcoins long-term trajectory. Former BitMEX CEO Arthur Hayes recently argued that the current drawdown stems from a purge of excess leverage and a broader liquidity contraction. Hayes believes that if the Federal...

Grayscale has officially launched its GDOG spot Dogecoin ETF on NYSE Arca, introducing a zero-fee structure for the first $1 billion in assetsa landmark moment as the first U.S.-listed spot DOGE ETF. While the debut generated attention across the crypto market, early trading activity reflected a cautious institutional tone. GDOG recorded roughly $1.41 million in first-day volume but no net inflows, signaling a balanced mix of buyers and sellers rather than aggressive accumulation. The subdued response aligns with broader market conditions, where speculative tokens continue to lag behind...

Franklin Templeton is moving closer to launching its highly anticipated Solana ETF after submitting its final Form 8-A filing to the U.S. SECa key step that typically signals a product is ready for market debut. Exchanges often begin trading shortly after this form is approved, suggesting that Franklin Templetons Solana ETF could go live very soon. The timing comes just after the firm successfully launched its XRP ETF on the NYSE earlier this week. The upcoming Solana ETF, set to trade under the ticker SOEZ on NYSE Arca, has faced several regulatory delays throughout the year. The SEC pushed...

For years, prediction market startups and their investors believed a simple strategy would shield them from state gambling laws: register as a federally regulated Designated Contract Market (DCM), operate under the Commodity Exchange Act (CEA), and let federal preemption handle the rest. That assumption was upended when a federal court in Nevada ruled that contracts paying out on the outcome of sporting events are not swaps under the CEA and therefore fall outside the Commodity Futures Trading Commissions jurisdiction. Judge Andrew Gordon emphasized that his ruling wasnt a narrow statutory...

XRP delivered one of its strongest sessions in weeks, climbing 13% as both exchange volume and on-chain payments spiked simultaneously. Unlike typical speculative swings or oversold bounces, this move stemmed from a coordinated surge in real transactional activity across the XRP Ledger. The rally began precisely at the lower boundary of XRPs long-running declining channel, where buyers stepped in aggressively enough to print the largest bullish candle since early November. This injected fresh momentum into the market and pushed the price toward the mid-channel region, temporarily slowing the...

MicroStrategys long-standing strategy of leveraging equity markets to accumulate Bitcoin is entering its most challenging phase yet. The companys market premium over its Bitcoin holdings has collapsed toward parity, raising doubts about whether Michael Saylors highly leveraged model can continue to function as intended. Recent filings show MicroStrategy holding 649,870 BTC at a cost basis of roughly $48.4 billion, but investors are no longer assigning the high valuation multiples that once fueled accretive expansion. With mNAV falling below 1x in Novembermeaning shares now trade around or...

Crypto payments firm MoonPay has received regulatory approval from the New York Department of Financial Services (NYDFS), obtaining a New York Trust Charter that allows the company to safeguard customers digital assets and offer over-the-counter (OTC) trading services. The approval marks a major milestone for MoonPay as it moves deeper into institutional-grade compliance and strengthens its position within the U.S. digital asset ecosystem. With the new charter, MoonPay can now custody digital assets on behalf of clients and facilitate direct OTC trades without relying on centralized...

Polymarket is facing intense criticism after its official Traders account deleted a controversial post widely condemned as racist. The post threatened to revoke affiliate Polybaddie badges from users in India, Turkey, and Nigeria, accusing them of LARPing as egirls, and included the ethnic slur jeet. The message quickly ignited outrage across X, where traders, influencers, and industry figures slammed the platform for unprofessional behavior and discriminatory language. The post, intended to crack down on fake Polybaddie profiles, told accounts from the targeted regions to get your last slop...

Saudi Arabia has officially entered the global quantum computing race with the installation of its first quantum computer, intensifying discussions about future cybersecurity risks for Bitcoin and other blockchain networks. Saudi Aramco, the state-controlled energy and chemicals giant, revealed that a 200-qubit quantum machine from France-based Pasqal is now operational at its Dhahran data center. Designed for industrial use cases like energy modeling and advanced materials research, the system is the most powerful Pasqal has delivered to date. Pasqal CEO Loc Henriet called the deployment a...