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Showing posts with the label etfs

CME To Launch XRP, SOL Futures Trading on Feb. 10 If Approved

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Futures trading for Ripple XRP and Solana (SOL) will go live on the Chicago Mercantile Exchange (CME) on February 10, pending regulatory approval. A staging subdomain of the CME Group’s main website revealed the development on Wednesday. “Trade regulated, capital-efficient futures on two leading cryptocurrencies with new SOL and XRP futures, launching February 10,” the CME Group’s staging website says. Bloomberg ETF analyst James Seyffart commented on the CME subdomain revealing this development in a post to X. “Assuming “beta.cmegroup” is actually a beta/test version of the actual CMEGroup website — looks like CME is expecting to launch SOL & XRP futures on Feb 10. But this isn’t available on the actual website yet. Honestly makes sense and largely to be expected if true [in my opinion].” The possible draft of the CME announcement from the subdomain also reads: “Available in both standard and micro-sized contracts, these contracts allow y...

Ripple (XRP) Poised to Hit $4 All-Time High: Here's When

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With the ongoing slide that hit the cryptocurrency sector this holiday season, traders have seen a host of assets take a step back. Yet, that hasn’t deterred the high expectations facing the industry for the coming year. Among them is Ripple, as analysts project XRP to reach a $4 all-time high, but when? There are few cryptocurrencies that have more potential than Ripple entering the new year. Amid the 2024 presidential election win for Donald Trump, a revamped US Securities and Exchange Commission (SEC) has opened the window to a new era for the asset. Indeed, favorable regulation has the token set for massive gains over the next twelve months. Source: Ajaib Kripto Also Read: Ripple Falls to $2.2: Why XRP Has 100% Gains Around The Corner Ripple to Reach $4 in 2025: When XRP is Projected to Break New Ground From a multitude of perspectives, 2024 has been a massive win for cryptocurrencies. The asset class has seen exposure reach massive heights. The arrival of two crypto-based ETF...

Solana Price Could Hit $500 By End 2024: Here’s Why

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The Solana price has surged past the bullish $241 target as volume on the network’s decentralized exchanges (DEXs) skyrockets amid a seemingly unstoppable meme coin mania. Layer 1 blockchain Solana’s price can reach $500 by year’s end as its speed and efficiency advantages over competitors like Ethereum continue to impact market positioning. If Solana can hold the break above the crucial $241 level, then the next target for bulls is $291, which is well into price discovery territory – the SOL all-time high is $259. It would be a steep climb to hit $500 by the end of the year, but even a shallower ascent would easily capture $350-$400 price range targets.  DEX daily volume on Raydium is more than double that of Ethereum-based Uniswap ($3.93 billion vs $1.45 billion), according to the latest DefiLlama data.    Solana Meme Coins Explode As Pump.Fun Market Cap Surpasses $8 Billion Behind the ...

Bitcoin Eyeing $100k Before Inauguration Day After Trump Win

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With the 2024 election results boosting the leading cryptocurrency, there are expectations it could only surge higher. Indeed, a new report says Bitcoin could target an increase to $100,000 before inauguration day after Donald Trump was reelected to the Presidency this month. Trump had driven Bitcoin to an all-time high a day after the results were counted. The token surged above the $76,000 level on November 6th, as it has increased more than 6% in the last seven days, according to CoinMarketCap. The results indicate that the US will have its first pro-crypto president in history, and that could mean its recent surge is just the start. Also Read: Donald Trump Election Creates Over 11,000 New Bitcoin Millionaires Bitcoin to $100,000? Experts Project the All-Time High Before Inauguration Day At the start of the year, the cryptocurrency sector had high hopes for Bitcoin. In January, the US Securities and Exchange Commission (SEC) approved it as the first crypto-based ETF in the United St...

Top Features Of The New ETFSwap (ETFS) Beta Platform That Crypto Traders Should Know

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ETFSwap (ETFS) is an innovative platform that has captured the attention of crypto traders worldwide. With the recent launch of its Beta platform on Testnet, ETFSwap will redefine how crypto traders interact with tokenized ETFs by offering a perfect blend of powerful tools and features. As excitement builds up for the full launch of the ETFSwap (ETFS) platform, ETFSwap promises to deliver an efficient, secure, and user-friendly environment for Crypto traders to manage their digital assets.  The ETFSwap (ETFS) Beta Platform: What Every Crypto Trader Should Know The ETFSwap (ETFS) beta platform is filled with innovative features that provide a secure, transparent, and reliable trading environment that can potentially improve the investment outcome of every crypto trader. After thorough backend testing and development, the first phase of the ETFSwap (ETFS) beta platform introduces a fully decentralized environment where crypto traders can easily swap tokenized ETFs, and partici...