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Showing posts with the label market impact

Top legal expert slams regulators for holding back XRP amid spot ETF delay

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A legal expert has criticized regulators for what he sees as a persistent bias against XRP, following the rapid approval and launch of several new cryptocurrency exchange-traded funds (ETFs). Specifically, pro-Ripple lawyer Bill Morgan expressed frustration after it emerged that spot ETFs for Solana (SOL), Litecoin (LTC), and Hedera (HBAR) had been cleared to begin trading on major U.S. exchanges. I had a strong feeling XRP Spot ETFs would not be next. There are always delays when it comes to XRP. Always held back. https://t.co/7Vhzi6Cesv — bill morgan (@Belisarius2020) October 27, 2025 Altcoin spot ETF trading  His October 28 comments came in response to announcements from Canary Capital and Bitwise, both confirming that their spot cryptocurrency ETFs had become effective and would list imminently despite the ongoing U.S. government shutdown. According to Bitwise, its Solana Staking ETF (BSOL), the first of its kind, is now trading on the New Yor...

‘Corporate’ Altcoin Season? Expert Shares How Crypto ETFs, Treasuries Could Change The Market

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JUST IN – Bitcoin Dips Below $119K — Treasury Secretary’s ‘No Buys’ Reverberate Through Markets

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

Fidelity Buys $105 Million Worth of Bitcoin, Price Surges 3.7%

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Fidelity Investments has added 1005 Bitcoin (BTC) worth $105.7 million to its treasury. The firm also purchased 27,175 Ethereum (ETH) worth $60.5 million. Fidelity’s latest purchase comes amid a market-wide recovery. BTC has reclaimed the $105,000 mark after its recent dip to the $98,000 price point. The original crypto is up 3.7% in the daily charts and 71.5% since June 2024. Despite the turnaround, BTC’s price has fallen 0.9% over the last week, 3.9% in the 14-day charts, and 1.7% over the previous month. Source: CoinGecko Cryptocurrencies Recover Amid Potential Peace Talks Source: Watcher.Guru The cryptocurrency market faced a big correction after the US launched its attack on three Iranian nuclear sites. Many feared an all-out war between the two countries. Iran already faces Western sanctions. A potential war with the US may cause severe strain on the global economy. Bitcoin (BTC) and other crypto assets saw big liquidations as investors lowered exposure to risky assets...

MicroStrategy Buys 3,459 BTC Worth $285.8M

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MicroStrategy‘s Bitcoin purchase strategy has expanded with another significant acquisition. The company has bought 3,459 Bitcoin worth $285.8 million, bringing Michael Saylor’s total holdings to 531,644 BTC. This latest microstrategy bitcoin purchase reinforces their position as the largest corporate holder of the cryptocurrency. JUST IN: Michael Saylor's MicroStrategy buys another 3,459 Bitcoin worth $285.8 million. — Watcher.Guru (@WatcherGuru) April 14, 2025 Also Read: No Insider Trading at the White House? Hassett Breaks Silence Saylor’s Bold Bitcoin Strategy Fuels Institutional Crypto Buying Source: Bitcoin.com Michael Saylor Bitcoin investment approach continues to influence institutional bitcoin buying across the market. MicroStrategy completed the purchase between April 7–13, 2025, at an average price of $82,618 per Bitcoin. The company funded this Bitcoin purchase through its at-the-market offering program. Source: Strategy.com Purchase Details and Financing ...

Interest Rate Cuts: Major Banks Warn of Market Impact

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Interest rate cuts are now expected in the near future as both JP Morgan and Goldman Sachs have raised some serious recession warnings while the market volatility is growing steadily. The Trump administration’s recently imposed some tariffs that have certainly triggered some widespread economic concerns, with several major banks quickly revising their forecasts upward as the fears of a potential trade war continue to grow and intensify. Also Read: China’s Central Bank Asks State-owned Banks to Reduce US Dollar Purchases How Big Banks’ Recession Warnings Can Rewrite Market Actions JP Morgan just raised its recession chance to 60%, up from 40%, while Goldman Sachs bumped its forecast from 35% to 45%. These rather dramatic shifts came shortly after Trump’s implementation of blanket 10% tariffs on many U.S. trading partners, which has certainly shaken financial markets. Source: jpmorganchase.com JP Morgan CEO Jamie Dimon wrote in a letter to shareholders: “The econom...