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Crypto investors bet on Ripple winning, driving XRP to $0.70


The SEC vs. Ripple case is still impacting the market performance of XRP. Recently, a positive outlook surrounding Ripple helped XRP rally 7.41%. The crypto closed the week at an 18.9% hike, reaching 0.6611 dollars. The optimism is fueling traders to invest in XRP despite no official updates being...

Hong Kong is Considering Allowing Spot Crypto ETFs, SFC Head Reveals


Hong Kong is considering allowing spot exchange-traded funds (ETFs) that directly invest in cryptocurrencies. Julia Leung, Chief Executive Officer of the Securities and Futures Commission (SFC), revealed that the option of granting retail investors access to spot crypto ETFs is under consideration...

Financial Giant Fidelity’s Director Sees Bitcoin as ‘Exponential Gold’


Financial services giant Fidelity’s director of global macro says bitcoin is “exponential gold.” He explained that gold is “too deflationary and clunky to be used as a medium of exchange,” noting that “investors own it primarily as a store of value —...

Blockchain Integration: A16z-Backed Cryptocurrency Index Platform Unveils V2


Alongside, a cryptocurrency index platform backed by venture capital giant Andreessen Horowitz (a16z), has launched its V2, aiming to take a decentralized approach to crypto investments using blockchain technology. The startup will allow crypto investors to gain exposure to a basket of the top...

Bitcoin Price Prediction: Saylor’s Stand as BTC Dips Amid Fed Shift


As Bitcoin hovers around $34,667, marking a 3% decrease on Friday, the cryptocurrency world is closely monitoring the stance of prominent figures like Michael Saylor. Despite the dip, Saylor remains steadfast in his belief that one can never be overexposed to Bitcoin. Concurrently, the US dollar...

Institutional investors buying Bitcoin: Bullish sign for long-term


Bitcoin is at $35k+ as this article is being drafted. While the community is optimistic about the future, it is interesting to observe that the highest value ever recorded was $68,000. So, the current value is nowhere near that; however, BTC’s rebound from the $20,000 mark where it resided...

Coinbase Rolls Out Bitcoin and ETH Futures for US Investors


Popular cryptocurrency exchange Coinbase has announced the launch of its native Bitcoin and Ethereum futures contracts for US retail traders. In a November 1 blog post, the US-based Bitcoin trading hub stated that the service is being rolled out via the Coinbase Advanced platform. Now, retail...

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