In a significant development within the cryptocurrency landscape, asset management firm 21Shares has made strides to introduce a spot XRP exchange-traded fund (ETF) by filing an application with the U.S. Securities and Exchange Commission (SEC). As of November 1, 21Shares submitted an S-1 form aimed at registering its Core XRP Trust shares for listing on
On October 31, M2, a cryptocurrency exchange based in the UAE, fell victim to a significant security breach that led to the loss of approximately $13.7 million in digital assets. This incident raises critical questions about the security measures in place at centralized exchanges, especially as the cryptocurrency market becomes increasingly targeted by cybercriminals. The
Samuel Edyme, who is affectionately dubbed HIM-buktu, embodies the multifaceted nature of modern professionals, especially in the ever-evolving realm of Web3. As a web3 content writer, journalist, and aspiring trader, his versatile skills allow him to navigate the digital landscape with an ease that many aspire to. His portfolio boasts contributions to prominent platforms like
Ethereum recently traded around the $2,500 mark, facing a notable 9% decline from its recent peak of $2,820. This drop raised concerns among traders and analysts, as it indicated a failure to establish a new high. However, amid this pullback, there has been a notable increase in interest from investors, particularly those looking to capitalize
In the dynamic world of cryptocurrencies, Bitcoin’s price movements are pivotal indicators for investors and market enthusiasts. The recent uptick in Bitcoin’s value, culminating in a 10% increase during October, has sparked renewed interest and debate within the investment community. Analysts are optimistic, interpreting the consecutive green candles as strong buy signals, essential for gauging
With the U.S. presidential elections approaching in 2024, a pivotal choice looms for American voters. They will weigh the prospect of continuity against the possibility of radical change, especially if the Republican candidate Donald Trump emerges victorious. As these political dynamics unfold, the ramifications for the U.S. economy are profound, affecting millions of citizens. However,
Ripple (XRP) has recently been in the spotlight, revealing a pronounced bearish trend, especially with its inability to maintain momentum above the critical 200-day moving average, currently set at $0.53. This technical barrier has thwarted an upward trajectory that many investors anticipated, highlighting a shift in market sentiment. The price action has prompted a reevaluation
Semilore Faleti represents a new breed of journalist skilled in unraveling the complexities of cryptocurrency and blockchain. His journey began with a broad range of subjects in writing, but he subsequently specialized in the intricate world of digital currencies. As the financial landscape evolves, so too does the necessity for informed communication regarding digital assets.
The landscape of cryptocurrency regulation in the United States is fraught with ambiguities, and Coinbase CEO Brian Armstrong’s recent criticism highlights an urgent call for change within the Securities and Exchange Commission (SEC). With the selection of a new chairperson on the horizon, Armstrong emphasized the need for a steadfast regulatory framework that could foster
Semilore Faleti stands out as a prominent figure in the realm of cryptocurrency journalism, drawing readers with his profound understanding and insightful analysis of digital assets. Initially branching out into journalism across a wide array of topics, Semilore’s passion for blockchain technology and cryptocurrency ultimately led him to focus intensely on this cutting-edge field. His