Tag:

Spot

Whale Opens $17.6M XRP Short as SEC Nears Crucial Spot Crypto ETF Decisions

by admin September 29, 2025

According to data provided by Lookonchain, a prominent trader recently reopened an XRP short position with 20X leverage.

The notional value of the reopened position stands at $17.6 million.

The trader’s current liquidation price is $2.91. Meanwhile, the Ripple-linked token is currently trading at $2.86, meaning that even a minor move could potentially result in liquidation.

The gutsy bet comes after the trader already took a $3.4 million loss with his Bitcoin (BTC) and XRP shorts.

Big week for ETFs

The timing of the bet appears to be rather confusing, given that the U.S. Securities and Exchange Commission (SEC) could approve spot ETFs in the near future.

As noted by analyst Nate Geraci, the next few weeks could be “enormous” since SEC deadlines are currently approaching on numerous filings.

The agency is set to make final decisions on XRP ETFs during October. The deadline for Franklin Templeton’s proposal is set for Nov. 14.

XRP price falls despite $71m surge into spot Ripple ETF

by admin September 28, 2025

XRP price remained in a bear market this week after falling by 25% from the year-to-date high despite a surge in ETF inflows.

Summary

XRP price crashed to a crucial support level as ETF inflows jumped.
The recently launched XRP ETF has had over $71 million in inflows.
Technical analysis points to a strong rebound in the near term.

Spot XRPR ETF inflows soar

The Ripple (XRP) token was trading at $2.77 on September 27, down from the all-time high of $3.65.

The XRP price crash mirrored the performance of other cryptocurrencies, such as Ethereum and Bitcoin. This decline was attributed to rising Federal Reserve jitters and soaring liquidations in the cryptocurrency market.

On the positive side, there is robust demand for the recently-launched spot XRP ETF. Data compiled by ETF.com shows that the ETF has had over $71 million in inflows since its inception last week.

Most of these inflows occurred on Thursday, when they increased by over $36 million. The fund now has over $66 million, a substantial amount for an ETF launched by a relatively small fund manager, with an expense ratio of 0.75%.

Other XRP-linked ETFs have also had strong inflows this year. For example, the Teucrium 2x XRP ETF (XXRP) has had inflows in each week since its inception, bringing its assets under management to $383 million.

XXRP ETF inflows | Source: ETF

These numbers indicate a strong demand for XRP assets on Wall Street. They also mean that the spot XRP ETFs offered by companies like Franklin Templeton and Invesco will experience robust inflows due to their lower fees.

Analysts at JPMorgan predict that these funds will have over $8 billion in inflows in the first year.

XRP price technical analysis

Ripple price chart | Source: crypto.news

The daily chart shows that the XRP token has formed numerous bullish patterns. For example, it has formed a triple-bottom pattern at $2.7212. A triple-bottom often leads to a strong bullish breakout.

The coin has also formed a falling wedge pattern, which is made up of two descending and converging trendlines. This pattern is also part of the handle section of the cup-and-handle pattern.

At the same time, it is in the second phase of the Elliot Wave pattern. Therefore, the coin is likely to experience a strong bullish breakout, potentially reaching the year-to-date high of $3.660.

Source link

September 28, 2025 0 comments

Crypto Trends

Spot Ether ETFs Post Straight Week Of Outflows

by admin September 27, 2025

US-based spot Ether exchange-traded funds (ETF) have posted five straight net outflow days as the asset’s price slid around 10% over the week.

On Friday, spot Ether (ETH) ETFs closed the trading week with $248.4 million in daily outflows, bringing total weekly outflows to $795.8 million, according to Farside data.

Meanwhile, the price of Ether fell 10.25% over the past seven days, trading at $4,013 at the time of publication, according to CoinMarketCap data.

Ether’s price is down 12.24% over the past 30 days. Source: CoinMarketCap

The last time spot Ether ETFs recorded five consecutive days of outflows was the week ending Sept. 5, when the asset’s price was trading around $4,300.

Staking anticipation lingers for spot Ether ETFs

Crypto analyst Bitbull said the Ether ETF outflow streak “is a sign of capitulation as the panic selling has been so high.”

Cointelegraph recently reported that retail participation appears to be waning for ETH. Net taker volume on Binance has remained negative over the past month, signaling persistent sell-side pressure.

It comes as industry anticipation is mounting over when the US Securities and Exchange Commission will approve staking as part of the spot Ether ETFs.

On Sept. 19, it was reported that Grayscale is preparing to stake part of its significant Ether holdings, which may signal confidence that US regulators will soon permit staking within exchange-traded products.

Bitcoin ETFs are going “as good as you could possibly hope”

Meanwhile, spot Bitcoin (BTC) ETFs posted net outflows of $897.6 million over the same five days. It comes as Bitcoin’s fell 5.28% over the past seven days, trading at $109,551 at the time of publication.

ETF analyst James Seyffart said in a podcast published on Thursday that Bitcoin ETFs haven’t “been perfectly hot the past couple of months,” but reiterated “they are the biggest launch of all time.”

Related: Bitcoin’s ‘biggest bull catalyst’ may be the next Fed chair pick: Novogratz

Seyffart added that Bitcoin ETFs are going “as good as you could possibly hope.”

“The amount of money that has come in here is unlike anything we have ever seen,” he said.

Magazine: ‘Help! My robot vac is stealing my Bitcoin’: When smart devices attack

Source link

September 27, 2025 0 comments

GameFi Guides

Final Spot XRP And Solana ETF Amendments Expected This Week

by admin September 25, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The US crypto ETF market is bracing for a decisive stretch after the SEC’s approval of “generic listing standards” last week opened a streamlined path for spot XRP and Solana ETFs—alongside products beyond bitcoin and ether. With exchanges now able to list qualifying commodity-based ETPs without a bespoke 19b-4 approval, applicants for spot XRP and Solana funds are rushing to lodge final amendments—filings that several industry participants say are already substantially baked.

Countdown To Launch For Spot XRP And Solana ETFs

On September 24, ETF Store president Nate Geraci signaled the inflection point in a series of posts on X. “Final wave of amendments could be filed by end of this week on various spot crypto ETFs incl xrp & sol,” he wrote, adding that “those filings are pretty far along in the review process” and that the “countdown to launch is on,” citing a Reuters report on the SEC’s new framework.

Here we go…

Hashdex Nasdaq Crypto Index US ETF *approved* under SEC’s new generic listing standards.

Will now be able to own crypto assets beyond btc & eth.

Looks like xrp, sol, & xlm. pic.twitter.com/OyZO9MLnMx

— Nate Geraci (@NateGeraci) September 25, 2025

In a separate post, Geraci flagged the Hashdex Nasdaq Crypto Index US ETF: “Here we go…Hashdex Nasdaq Crypto Index US ETF *approved* under SEC’s new generic listing standards. Will now be able to own crypto assets beyond btc & eth. Looks like xrp, sol, & xlm.”

Reuters, which first detailed the regulator’s accelerated pathway on Sept. 18 and followed up on Sept. 24, reported that, since the SEC initially floated the rules in July, issuers have “scrambled to update their new product filings and respond to specific comments and questions from the SEC.” A “final wave of amendments could be filed by the end of this week,” three people familiar with the matter told the wire service. “Those filings are pretty far along in the review process,” Bitwise president Teddy Fusaro said. “These are the rules we had been anticipating.”

The rule change is foundational. By blessing generic listing standards at NYSE Arca, Nasdaq and Cboe BZX, the Commission shifted spot-crypto ETF approvals from an adjudicative, proposal-by-proposal slog to a rules-based regime. In the SEC’s own words, exchanges may now list Commodity-Based Trust Shares that meet the criteria “without first submitting a proposed rule change” to the Commission—compressing timelines to roughly 75 days in straightforward cases and removing duplicative reviews that historically bottlenecked non-BTC/ETH products.

For XRP in particular, a compressed and crowded calendar now looms. The SEC’s final deadlines line up across seven days in October: Grayscale on Oct. 18, 21Shares on Oct. 19, Bitwise on Oct. 20, CoinShares and Canary Capital on Oct. 23–24, and WisdomTree on Oct. 24–25.

Solana sits in the same slipstream. According to Galaxy Digital Research, Solana is the leading candidate for the first-wave approvals under the generic regime, reflecting the maturity of filings and the exchanges’ preparedness to list them. Issuers including Bitwise and 21Shares have spent the summer revising staking, custody and in-kind transfer language to fit within the exchanges’ rulebooks and the SEC’s evolving expectations.

At press time, XRP traded at $2.84.

XRP faces downward pressure, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

September 25, 2025 0 comments

Esports

Yankees clinch playoff spot with walk-off win, close gap in AL East

by admin September 24, 2025

Jorge CastilloSep 24, 2025, 12:59 AM ET
Close

NEW YORK — José Caballero, a Yankee for all of 54 days, proudly carried a championship belt — given to the player of the game after every New York victory — around his left shoulder as alcohol-soaked chaos raged around him in the home clubhouse Tuesday night.

Acquired at the trade deadline to provide a versatile spark off the bench, the utility infielder fulfilled his duties to the max for the distinction: An inning after entering the game as a pinch-runner, Caballero swatted a two-out, walk-off single on the ninth pitch of his at-bat to lift the Yankees to a 2-1 victory over the Chicago White Sox and clinch the 60th postseason berth in franchise history.

“This is the best time to have the belt,” Caballero said, “and I’m not letting it go.”

Coupled with the Toronto Blue Jays’ loss to the Boston Red Sox, the Yankees moved within a game of first place in the American League East with five games remaining. Toronto, however, holds the tiebreaker over New York. The Yankees would have to surpass the Blue Jays in the standings by the end of Sunday to claim their 22nd division title and earn a bye into the ALDS to begin their pursuit of a second consecutive AL pennant after falling to the Los Angeles Dodgers in the World Series last season.

“This is the best time to have the belt,” José Caballero, acquired by the Yankees at the trade deadline, said after delivering a two-out, walk-off single Tuesday night to clinch the 60th postseason berth in franchise history, “and I’m not letting it go.” Al Bello/Getty Images

“This October we’re coming to prove a point,” Yankees second baseman Jazz Chisholm Jr. said.

For now, the Yankees are guaranteed their eighth postseason appearance over the past nine years and their 26th trip in the 32 seasons since the playoffs were expanded to eight teams in 1994. Their magic number to clinch the top AL wild card spot — and guarantee home-field advantage in a three-game wild-card series — is three. The Yankees have not played in a wild-card series since it was first implemented in 2022.

“The ultimate goal is to win our division,” Yankees right fielder Aaron Judge said as teammates bathed him with MVP chants and showered him with alcohol. “It’s still right there for us. So, we’re excited about getting in, but we got bigger things ahead of us.”

The Yankees, despite boasting the third-most expensive roster in baseball, entered the season with pressing questions after losing Juan Soto to the Mets in free agency and Gerrit Cole to a season-ending UCL tear in spring training.

What followed has, so far, been a three-chapter tale. Their 42-25 record to start the season through June 12 was third best in the majors. From there, they went 22-31 through Aug. 12, tied for the seventh-worst mark in baseball. They then went 25-12 since Aug. 13, the best record in the majors, to ignite Tuesday’s celebration and cut the Blue Jays’ division lead by five games.

Challenges surfaced throughout the season. Oswaldo Cabrera’s gruesome season-ending knee injury in May opened a gaping hole at third base that wasn’t addressed until the trade deadline. Giancarlo Stanton didn’t make his season debut until mid-June as he dealt with tendon injuries in both elbows. Clarke Schmidt, another rotation stalwart, joined Cole on the list of Tommy John surgery recipients in July. Luis Gil missed the season’s first four months with a lat injury.

Editor’s Picks

2 Related

Anthony Volpe’s struggles at shortstop and in the batter’s box drew consistent boos all summer and, eventually, a dip in playing time. Devin Williams, acquired over the winter, lost his job as closer twice. Veterans DJ LeMahieu and Marcus Stroman were designated for assignment.

And, finally, the latest major blow: The flexor strain Judge suffered in his right arm in late July, which forced a 10-day trip to the injured list to interrupt his MVP-level campaign, limited him to designated hitter for a month upon his return, and has cast doubt over his ability to unleash full-effort throws from right field.

“It’s been a challenging year, no question about it,” Yankees manager Aaron Boone said. “But, at my core, and especially as we got here to the final couple months and then we got to the final month, I’m looking around in there and knowing that we’re pretty healthy and getting guys back … I [felt] like our best baseball was absolutely ahead of us and, hopefully, even still is ahead of us.

“But I think we’re a really good club. It doesn’t guarantee anything, but I’ll certainly take our chances up against anyone.”

The Yankees overcame the obstacles with a combination of internal development and external additions.

“This October we’re coming to prove a point,” said second baseman Jazz Chisholm Jr. The Yankees are in pursuit of a second consecutive AL pennant after falling to the Dodgers in the World Series last year. John Jones/Imagn Images

Trent Grisham emerged as the everyday center fielder with a career year. Cody Bellinger, acquired over the offseason to compensate for Soto’s departure, gave the Yankees the left-handed bat they needed behind Judge while providing elite defense at four positions. Ben Rice solidified himself as a potent power hitter and a catcher the Yankees can trust. Rookie Cam Schlittler joined the rotation in July, just before the All-Star break, and didn’t relinquish his rotation spot. Chisholm became the third Yankee to ever post a 30/30 season.

And at the deadline, general manager Brian Cashman, recognizing the roster was clunky and short on relievers, acquired three position players for more roster versatility and four right-handers to overhaul the bullpen.

“The depth is very impressive,” Bellinger said. “Just the type of guys we got here, man. The culture here is very impressive, is very fun to be a part of. And we just believe in each other.”

One of those position players added on the final day in July starred when it mattered most Tuesday night, putting together the kind of at-bat that wins games in October to send the Yankees to the postseason again for another chance at World Series title No. 28.

“We are coming for the big thing,” Caballero said.

Source link

September 24, 2025 0 comments

GameFi Guides

Stocks Over Spot: The Case For Buying Bitcoin Treasury Companies Instead Of BTC

by admin September 21, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin is among the world’s most important assets, but owning it directly is not the only way to get exposure. A growing number of public companies hold massive amounts of Bitcoin on their balance sheets. For investors buying these stocks, it can sometimes offer even greater upside than holding BTC itself.

Why Some Bitcoin Stocks Outpace BTC Itself

In a thought-provoking post on X, Adam Livingston, author of the Bitcoin Age and the Great Harvest, offers a compelling argument for why investors should consider buying the stock of Bitcoin treasury companies, rather than just BTC itself. His perspective goes beyond a simple leveraged play and speaks to a long-term vision of a new financial infrastructure built on a BTC foundation.

Livingston’s thesis is that a new paradigm-shifting financial infrastructure built over the coming years will take Bitcoin to $100-200 trillion BTC market, supporting an equal magnitude of Bitcoin-denominated credit and equity. This new infrastructure would enable global transactions at light speed on open ledgers, providing everyone with a censorship-resistant, inflation-proof yield stream.

The key takeaway from the recent unconference is that this infrastructure needs to be built because it is where solving complex issues, such as custody, compliance, and distribution across different jurisdictions, comes into play.

It also involves creating products that cater to traditional investors who may not want or need a volatile, infinite-duration asset like Bitcoin itself. Thus, these products can strip away volatility, manage duration, or FX risk, allowing institutions and individuals to gain the spread and recycle profits back into BTC collateral.

However, Livingston argues that Bitcoin can enable the exact instruments they do want. If BTC is to reach $1,000,000, it will require a robust financial infrastructure to funnel global capital into the asset.

Why Waiting For A Bear Market Is A Flawed Strategy

Crypto analyst Rajatsonfinance has highlighted a contrarian perspective on Bitcoin investing, urging people to abandon the common strategy of waiting for a bear market to start buying. Instead, he advocates for a more proactive approach centered on value creation and consistent accumulation.

According to Rajatsonfinance, trying to time the market is a flawed and often unsuccessful endeavor. He argues that waiting for a crash could be used to build skills and create value in the real world. His primary advice is to focus on earning more money and then exchanging that income for Bitcoin, whether by selling services for dollars and converting them or by accepting BTC directly as payment.

The analyst emphasized that if executed with a solid idea, passion, and consistent effort, it can lead to a far more significant BTC stack than one could ever accumulate by trying to buy the dip. He suggests that a successful business or a well-executed side hustle has the potential to generate far more than a modest $10,000 to $15,000, which would result in a holding far exceeding 0.1 BTC.

BTC trading at $115,816 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Source link

September 21, 2025 0 comments

Crypto Trends

Best Altcoins to Buy as Grayscale Launches GDLC, the First Index-Based Spot Crypto ETF

by admin September 20, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The arrival of the new SEC Chair Paul Atkins ushered in a never-before-seen wave of optimism in the crypto community, and for good reason.

Atkins publicly voiced his commitment to improving and supporting crypto infrastructure. He even said he wants to assist Donald Trump in making the U.S. the crypto capital of the world.

Read on as we unpack this in detail, discussing how it opens up an entirely new option for crypto investors. We’ll also point you toward the best altcoins to buy now.

Grayscale’s GDLC Simplifies Crypto Investing

This product is essentially a one-stop shop for crypto investors, with Bitcoin accounting for about 73% of the fund’s weight, followed by Ethereum at 17%.

That’s pretty much what the standard Bitcoin textbook says: if you’re creating a strong long-term portfolio, go heavy on Bitcoin, followed by Ethereum.

For a long time, investors have been demanding a mutual-fund-like product, similar to the stock market. Something that gives them a simple, centralized way to invest in crypto without going through the entire process of setting up cold or hot wallets, buying each individual currency, calculating fees, and constantly adjusting proportions.

That was too complex and arguably one of the biggest deterrents for new crypto users. But with Grayscale’s new launch, that barrier is effectively gone.

‘This launch is more than just another ETP – it’s a reflection of our decade-long commitment to being first, moving fast, and giving investors transparent exposure to the crypto ecosystem,’ said Grayscale CEO Peter Mintzberg.

Even better, this index will automatically be rebalanced every quarter to ensure alignment with the evolving market leadership in crypto.

Here’s the kicker: with crypto gaining mainstream legitimacy at breakneck pace, your portfolio needs to have low-cap, high-upside gems to capitalize on the upcoming bull run.

Here are our top 3 picks for the best crypto to buy right now.

1. Bitcoin Hyper ($HYPER) – Layer 2 Bitcoin Solution for Solana-Like Speed and Scalability

Bitcoin Hyper ($HYPER) is the first Layer 2 solution built for the Bitcoin blockchain, aiming to solve the issues of speed and scalability.

As of now, Bitcoin can only process 7 transactions per second, leading to slow confirmations and high costs. Bitcoin Hyper leverages Solana Virtual Machine (SVM) integration, which enables parallel execution.

This means transactions on $HYPER can be processed simultaneously, as long as they’re unrelated. The result is faster processing, lower fees, and significantly higher throughput.

Another major limitation of Bitcoin is that it isn’t compatible with Web3 and DeFi applications, causing it to miss out on the explosive growth of decentralized finance and other blockchain-based innovations.

With $HYPER’s SVM integration, developers can now build dApps and execute smart contracts without compromising Bitcoin’s security.

Adding to this is a decentralized, non-custodial canonical bridge that serves as a user-friendly portal to $HYPER’s Web3 environment:

Lock in your Layer 1 Bitcoin with the bridge.
Receive an equivalent amount of Layer 2 $BTC tokens.
Use these L2 tokens for staking, lending, swapping, NFTs, DAOs, and DeFi applications.
Once done, redeem your original L1 $BTC by sending the L2 tokens back through the bridge.

In short, $HYPER provides a fast utility and compatibility lane to an otherwise limited Bitcoin, which explains why its presale has been such a massive success.

The project has already raised over $17.16M, including $418K from whales in just the last 19 days. Here’s how to buy Bitcoin Hyper.

Currently, 1 $HYPER is priced at only $0.012945. According to our $HYPER price prediction, the token could reach $0.32 before year-end – a staggering 2,300% return.

Visit Bitcoin Hyper’s official website for more information about this revolutionary Bitcoin-themed altcoin.

2. Snorter Token ($SNORT) – Telegram-Based Trading Bot for Sniping Meme Coins

Snorter Token ($SNORT) is the official cryptocurrency of the Snorter Telegram trading bot, built specifically for small and retail Solana meme coin traders.

If you’ve been in the markets long enough, you probably know that liquidity in hot new meme coins often gets swallowed up by large players with access to sophisticated trading algorithms and tools, leaving little to nothing for smaller traders.

Snorter Bot flips the script on these whales. It lets you place buy/sell limit and stop orders well in advance, and as soon as liquidity is pumped into an asset, your trades are executed in the blink of an eye.

Using the bot is just as easy as chatting with someone on Telegram. The best part? It all happens in a secure environment.

Snorter uses MEV-resistant layers to protect against scams like honeypots and rug pulls.
Furthermore, none of the transactions you enter through the bot are sent to the mempool, keeping you hidden from potential sandwich attacks.

On top of that, the bot allows you to copy trades from successful traders on the blockchain. This gives you a strong starting point – earn profits while learning the ropes and developing your own strategy.

Currently in presale, $SNORT has already raised over $4M from early investors, with each token priced at just $0.1049.

According to our $SNORT price prediction, a $100 investment today could turn into $900 by the end of 2025. Here’s a detailed guide on how to buy $SNORT before the next price hike.

Check out Snorter Token’s official website to learn more about the benefits of buying $SNORT – including no daily sniping limits, advanced analytics, and reduced fees.

3. MemeCore ($M) – Viral Altcoin Aiming to Transform Meme Coins Into Sustainable Digital Assets

MemeCore ($M) is a Layer 1 blockchain that seeks to transform meme coins from purely hype-driven, speculative tokens into fundamentally robust assets supported by long-term cultural and economic forces, along with strong community backing.

The project operates on a Proof-of-Meme (PoM) consensus mechanism, which emphasizes that every contribution plays a crucial role in sustaining a blockchain ecosystem.

MemeCore rewards all participants, be it traders, stakers, creators, or validators, ensuring that each effort is recognized and contributes to a thriving participatory economy.

To facilitate this, MemeCore features an on-chain reward pool called the Meme Vault, a smart contract used to distribute contribution rewards. The native $M token serves as the backbone of the ecosystem, powering gas fees, staking, and rewards.

Over the past month, $M has surged more than 580%, including a 10% gain in just the past 24 hours. The token reached a new all-time high of $2.96 on September 18 and is currently trading around $2.55.

It has established strong support levels at $2.36 and $1.82, so it’s likely we’ll see a brief retest before resuming its push toward new highs.

Disclaimer: Crypto investments are inherently risky. This article is not financial advice, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/best-altcoins-to-buy-as-grayscale-launches-first-index-based-spot-crypto-etf

Source link

September 20, 2025 0 comments

GameFi Guides

Grok Predicts XRP Price After Spot ETF Sees Crazy Demand: PEPENODE to 10x Soon?

by admin September 19, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

For months, crypto institutions and enthusiasts were on their toes waiting for an XRP ETF, believing it would mark one of the biggest steps forward not just for Ripple’s native crypto but for the entire market.

And boy, were they right! The REX-Osprey XRP ETF launched on the Cboe BZX Exchange under the ticker $XRPR, breaking several records on day one of trading.

By the end of the day, $XRPR had clocked $37.75M in volume, the highest ever for an ETF on its first day.

Read on as we unpack XRPR in detail and explore what it could mean for its underlying token $XRP. We’ll also highlight the best crypto to buy now (spoiler alert: it’s PEPENODE) to make the most of this opportunity.

Let’s Dig Into Some XRPR Technicals

It’s worth noting that $XRPR is structured under the Investment Company Act of 1940 in partnership with REX Shares and Osprey. This is why $XRPR isn’t a ‘pure’ spot ETF but instead employs a ‘hybrid’ arrangement.

This means that, instead of exclusively holding $XRP, the fund allocates at least 40% of its capital into other XRP-linked ETFs or ETPs, while part of its assets are managed via a Cayman Islands subsidiary.

Despite these technical quirks, $XRPR blew past all expectations at launch.

According to Eric Balchunas, most crypto ETFs only see around $1M in first-day volume. $XRPR topped that by 37 times, a clear indicator of strong market demand.

XRPR Sets $XRP’s Path to $4

It’s a no-brainer that the primary beneficiary of the XRP ETF movement is the $XRP token itself. It’s already up 10% this month, but the million-dollar question is: where to next?

To gain an objective view of XRP’s price prospects, we turned to Grok. With direct integration to X, Grok has access to real-time updates, price movements, and even community sentiment.

The AI highlighted that XRP recently broke out of a descending triangle formation, signaling a continuation of its September surge.

Back in July, $XRP rallied 66% in three weeks before undergoing a minor correction. This fresh breakout suggests $XRP could reclaim its previous all-time high of $3.6614 and push toward the $4 mark.

And no, Grok didn’t pull out this $4 target out of thin air; it’s based on technical analysis.

According to the technical analysis playbook, we can measure the width of the descending triangle (blue box) and project it from the breakout level to arrive at a target – which, in this case, is $4.

Beyond fueling XRP’s surge, XRPR’s strong debut could also accelerate approval of other spot XRP ETF proposals currently pending with the SEC, many of which could be greenlit within the next two months.

Beyond XRP: Where the Bigger Opportunity Lies

While XRP and XRP-backed ETFs have shown promising upside, there’s more to this rally than meets the eye. The real game-changer lies in identifying high-potential, low-cap coins that haven’t yet gone mainstream.

Today’s top pick? PEPENODE ($PEPENODE). It’s a gamified mining experience that blends fun with real earning potential.

PEPENODE makes crypto mining accessible to everyday users by letting them build virtual mining rigs and earn rewards, all without expensive hardware or sky-high energy costs.

Read on as we explore why Grok believes PEPENODE could be the next crypto to explode.

What is PEPENODE?

PEPENODE is a mine-to-earn meme coin that brings the thrill and fun of meme coin mining in the virtual world.

Mining meme coins isn’t cheap. It requires expensive hardware and substantial daily running costs, which is why not everyone can become a miner.

However, PEPENODE gives you the opportunity to build a virtual mining rig and earn rewards in the process.

It’s a gamified experience that feels realistic with dashboards that show hashrates, energy, and rewards – all without the hefty electricity bills attached to crypto mining.

How to Mine Tokens on PEPENODE

When you purchase your first $PEPENODE, you start with an empty server room. Think of it as a blank canvas that you paint over using a mix of investment and skill.

You’ll need to buy ‘nodes’ using $PEPENODE. Each node boosts your rig’s mining capacity, and the more nodes you buy and set up in your server room, the more rewards you’ll generate.

Now, here’s the interesting part: you can combine and synchronize nodes to increase mining capacity, making the experience even more fun.

Each node pairing has a different effect, giving you plenty of freedom and opportunities to experiment with various combinations.

These nodes can be purchased, upgraded, and even sold. You start with a basic mining setup and can upgrade all the way to massive mining farms – just like in a video game.

The difference is that, unlike gaming, you earn real rewards in the form of $PEPENODE, $FARTCOIN, and $PEPE.

Why Should You Buy $PEPENODE Now?

When you buy other presale tokens, you usually just hold them and wait until listing. At most, you can stake them for some additional rewards.

But with $PEPENODE, the rewards start piling up when you make your first purchase and start building your rig.

PEPENODE also rewards early adopters, as nodes purchased early have a higher mining capacity. The earlier you invest, the more powerful and rewarding your rigs can become.

And if you have extra $PEPENODE after building your rig, you can stake them to earn an additional reward of 1,018% p.a. (currently).

This rate will decrease as the presale progresses, so the earlier you join, the higher your returns.

Currently in presale, $PEPENODE has already raised over $1.3M from early investors, with each token priced at just $0.001066.

Check out PEPENODE’s official website to learn more about its unique mine-to-earn mechanism.

Disclaimer: None of the above constitutes financial advice. The crypto market is highly volatile and unpredictable, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/grok-predicts-xrp-price-after-etf-sees-crazy-demand-pepenode-10x

Source link

September 19, 2025 0 comments

GameFi Guides

XRP Climbs as First US Spot ETF Sees Serious Demand

by admin September 18, 2025

In brief

The first American spot ETF giving exposure to XRP debuted on Thursday.
Bloomberg analyst Eric Balchunas was surprised at the size of the Rex-Osprey XRP ETF’s initial trading volume.
The price of XRP has risen over the last day, and Myriad users believe it’ll keep climbing to a new high of $4.

The price of XRP rose on Thursday after investors rushed into the first U.S. exchange-traded spot fund to give exposure to the coin.

The price of XRP coin recently stood at $3.11 after rising about 2% over a 24-hour period, according to crypto data provider CoinGecko. The asset—the third-largest cryptocurrency in the ecosystem—is about 15% below its July all-time high mark of $3.65.

Its rise comes following Thursday’s debut of the Rex-Osprey XRP ETF by financial institutions Rex Shares and Osprey Funds. The fund is the first to give investors exposure to the Ripple-linked asset, and has already received close to $25 million in trading volume after just 90 minutes of trading.

SEMI-SHOCK: Rex XRP ETF $XRPP is already at $24m in volume. That is way more than I would have thought. For context it’s 5x more than any of the XRP futures ETFs did on Day One and it’s only been 90min. pic.twitter.com/DKIDD6noZF

— Eric Balchunas (@EricBalchunas) September 18, 2025

Bloomberg Senior ETF Analyst Eric Balchunas said on X that he was in “semi-shock” at the volume, which was vastly more than XRP futures ETFs saw in initial trading.

“That is way more than I would have thought,” he added. “For context, it’s 5x more than any of the XRP futures ETFs did on day one and it’s only been 90 minutes.”

XRP was created by the founders of fintech Ripple, and is the native token of the XRP Ledger blockchain. Its network is aimed at institutions or banks that wish to move money quickly.

The Rex-Osprey XRP ETF comes the same day the first ever Dogecoin ETF hits U.S. markets, also by Rex-Osprey: the DOJE ETF.

DOJE has also had a blistering debut and the price of the meme coin has surged on the ETF’s trading. Balchunas also said Thursday that DOJE attracted nearly $6 million in trading volume in the first hour of trading, which he said “destroyed” his expectation of $2.5 million for the day.

Both ETFs are different to the Bitcoin and Ethereum ETFs that hit the market last year in the U.S. The altcoin ETFs offer investors exposure to Dogecoin and XRP via a subsidiary registered in the Cayman Islands that is wholly owned and controlled by the fund.

Rex-Osprey launched the funds via the Investment Company Act of 1940, rather than the Securities Act of 1933 like those aforementioned spot funds. We may see more ETFs for both altcoins and many others soon, however, following a Wednesday SEC order that created generic listing standards for commodity-based funds.

While there’s still room to climb for XRP to hit a new all-time high price, Myriad users believe that it’s more likely to rise and hit a price of $4—a new all-time high—than to fall to $2. Some 60% of users believe it’s headed to $4, with odds growing over the last two weeks.

(Disclaimer: Myriad is a product of DASTAN, Decrypt’s parent company.)

Daily Debrief Newsletter

Start every day with the top news stories right now, plus original features, a podcast, videos and more.

Source link

September 18, 2025 0 comments

NFT Gaming

XRP and DOGE Spot ETF Approvals Almost Certain After Key SEC Rule Change

by admin September 18, 2025

Watershed moment
100 crypto ETF launches?

In a stunning win for the industry, the U.S. Securities and Exchange Commission (SEC) has greenlit generic listing standards for various cryptocurrency-based ETFs.

Spot ETFs will be able to launch under the ’33 Act so long as they have futures on Coinbase.

Hence, the tokens that are currently eligible for spot ETFs under generic listing standards include XRP, Dogecoin (DOGE), Stellar (XLM), Avalanche (AVAX), and even Shiba Inu (SHIB).

Watershed moment

Katie Haun claims that the approval reminds her of Grayscale’s case against the SEC. The game-changing DC Circuit, which was issued in August 2023, eventually paved the way for the approval of Bitcoin and Ethereum ETFs.

“At the time, people overlooked the magnitude of that decision and the effect it would have on institutional interest in the space,” Haun said.

Haun has suggested that the market might end up overlooking this development as well.

100 crypto ETF launches?

As noted by ETF analyst Eric Balchunas, the last time the SEC implemented a generic listing standard in 2019, launches ended up tripling. The expert believes that more than 100 crypto launches will take place within the next 12 months.

Earlier this week, Bitwise’s Matt Hogan compared the current state of the market to the Super Bowl pre-game show. He believes that cryptocurrency holders might be on the verge of a “spectacular” end-of-the-year rally due to an uber-bullish mix of surging ETF inflows and the Federal Reserve’s rate cuts.

Source link

September 18, 2025 0 comments