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Roughly six months after the SEC approved the first spot Bitcoin ETFs, the SEC formally approved the first batch of spot Ethereum ETFs in July. Investors have had access to SEC-approved Ethereum futures ETFs since October 2023, but the new spot ETFs are the first to invest in the cryptocurrency itself rather than cryptocurrency derivative contracts win port casino.
The gold price has hit its own record high this year as investors flee to the traditional safe haven, though it has dipped in recent weeks as the global trade war looks increasingly close to being resolved.
Wayne Duggan has a decade of experience covering breaking market news and providing analysis and commentary related to popular stocks. Wayne is a senior contributor for U.S. News & World Report and a regular contributor for Forbes Advisor and USA Today.
In late July, Trump underscored his commitment to ushering in crypto-friendly policies if he returns to the White House when he delivered the keynote address at the Bitcoin 2024 conference in Nashville. In his speech, Trump pledged to support U.S. Bitcoin mining and ensure the U.S. government would not sell its Bitcoin holdings. He also pledged to create a pro-crypto Bitcoin and crypto presidential advisory council.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
Bitcoin (BTC) price stabilizes at around $105,200 at the time of writing on Tuesday, just 4% shy of its record peak. The positive narrative builds as JPMorgan CEO Jamie Dimon said the bank will let clients buy Bitcoin on Monday.
XRP slides for two consecutive days as sentiment in the broader market remains cautious. In its debut, the XRP futures launch on CME Group’s derivatives platform exceeded $2.4 million in trading volume.
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The bill seeks to curb Big Tech’s control over digital money, demanding special approval before giants like Meta can issue their own stablecoins. This is noteworthy because it is the first step toward true financial decentralization backed by federal law.
XRP remains a major player after clearing regulatory uncertainty. It has not yet reached $4, but speculation suggests it could surpass its previous high of $3. Increased adoption could drive future price growth.
📈 Analysts anticipate Bitcoin’s potential surge to $100,000, fueled by institutional demand and favorable macroeconomic conditions. ⚠️ However, excessive optimism could trigger short-term corrections, making risk management essential.
The fourth to tenth positions are occupied by Polkadot, Litecoin, Binance Coin, Dogecoin, Uniswap, Chainlink and Ripple respectively. Each has unique selling propositions attracting different segment of investors.
Solana has shown positive movement but lacks strong organic demand. Its total value locked (TVL) remains low, raising concerns about network stability. A breakout above $150 with high volume is necessary for further gains and indication of a potential bullish building momentum.
XRP remains a major player after clearing regulatory uncertainty. It has not yet reached $4, but speculation suggests it could surpass its previous high of $3. Increased adoption could drive future price growth.
📈 Analysts anticipate Bitcoin’s potential surge to $100,000, fueled by institutional demand and favorable macroeconomic conditions. ⚠️ However, excessive optimism could trigger short-term corrections, making risk management essential.
The behavior likely followed a possible exploit. On-chain research ZachXBT identified a “suspicious transfer” of 3,520 BTC ($330.7 million) that was then swapped into XMR. The sudden increase in demand for the relatively illiquid token caused the price to spike, ZachXBT said in post on X.
On matters of policy, pro-crypto legislators in a number of US states are pushing their respective bills; two states have introduced new legislation in April. In Canada, pro-crypto Conservatives lost to the Liberals, but the victors must form a minority government. Here’s April in numbers.
Artificial intelligence and cryptocurrency are converging faster than ever. In 2025, blockchain projects are increasingly embedding AI models into their networks to boost efficiency, scalability, and security.
Even before Atkins’ arrival, the SEC has dramatically shifted its position on crypto in recent months, seeking to create new regulations for the sector and pausing or altogether walking away from enforcement cases.
Market value has since inched back upward as some countries court the Trump administration seeking tariff relief, but major partners such as China still haven’t budged. While markets have recovered slightly, losses still amount to a “mere” $1 trillion, according to investment managers AJ Bell.
