The U.S. Securities and Exchange Commission (SEC) has approved ProShares Trust to launch multiple XRP-related futures exchange-traded funds (ETFs), with an effective date set for April 30, 2025. The approved products, ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, and ProShares Short XRP ETF, are designed to provide leveraged and inverse exposure based on XRP futures prices. However, the SEC has not yet approved any XRP spot ETF in the United States. There was a sudden increase in the XRP price following the news from the SEC: Chart showing the rise in XRP price. Related News: Experienced Analyst Fred Krueger Predicts the Highest Price Bitcoin (BTC) Will Reach in the Current Cycle Meanwhile, Brazil has taken the global lead in XRP investment products. On April 25, the world’s first spot XRP ETF, issued by Hashdex and managed by Genial Investimentos, began trading on Brazil’s B3 exchange. According to Hashdex, the ETF, listed under the ticker XRPH11, tracks the Nasdaq XRP Reference Price Index and will allocate at least 95% of its net assets to XRP. The fund’s structure allows for exposure through direct or indirect holdings, futures contracts that aim to replicate the performance of the index, or other financial instruments that reflect the price of XRP relative to Nasdaq’s benchmark. XRPH11 marks Hashdex’s ninth ETF offering in B3, expanding its lineup of single-asset crypto ETFs that already includes products based on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). *This is not investment advice. Continue Reading: SEC Approves Highly Anticipated XRP ETF – Price Reacts – Not Yet Approved Spot ETF on the Horizon Now
The post Ripple CEO Hints XRP Could Match Bitcoin’s Price appeared first on Coinpedia Fintech News The crypto market is starting the week with a slight pullback. XRP is currently trading around $0.617, down by 0.63% in the last 24 hours. This comes as Bitcoin has also retreated slightly after touching the $95,700 resistance level last week. Meanwhile, Bitcoin’s supply on exchanges continues to drop, which could lead to a supply crunch if demand stays strong. Some analysts believe this could eventually push prices higher. This week is also massive for the broader financial market, with about 40% of the S&P 500 companies reporting earnings. Big names like Meta, Microsoft, Amazon, and Apple will release their results. These earnings calls could influence U.S. government policies, especially if major companies express concern over economic challenges like tariffs. XRP has remained under pressure since its January peak, partly due to macro factors and regulatory uncertainty. However, recent on-chain data shows that over 838 million XRP were moved in just 24 hours—signaling strong network activity, though not necessarily immediate price gains. In a recent interview with Bloomberg, Ripple CEO Brad Garlinghouse has indirectly hinted at XRP’s potential to match Bitcoin’s price one day. Speaking about XRP’s role in solving trillion-dollar financial problems, Garlinghouse said that Ripple works closely with banks and regulators—even in uncertain environments. Brad Garlinghouse indirectly confirmed that #XRP will reach Bitcoin’s price. XRP IS THE NEXT BITCOIN pic.twitter.com/kiAvOag5DK — JackTheRippler © (@RippleXrpie) April 27, 2025 He explained that by working with the financial system instead of against it, XRP could scale globally. His comments suggest that XRP has the utility, partnerships, and long-term vision needed to eventually rival Bitcoin in value.
Republican Senator Cynthia Lummis of Wyoming says that the Federal Reserve withdrawing its crypto guidelines for banking institutions is just “lip service.” In a new thread on the social media platform X, the pro-crypto legislator says the Fed’s recent actions are largely just for show due to several factors. Earlier this week, the Fed – alongside the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) – rescinded many guidelines and statements made toward how banks can conduct crypto activities. As stated by the Fed at the time, “The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities. These actions ensure the Board’s expectations remain aligned with evolving risks and further support innovation in the banking system.” However, according to Lummis, the Fed’s actions are superficial because they still use reputation risk when supervising banks. Lummis also says the Fed hasn’t withdrawn the policy that deems Bitcoin ( BTC ) and crypto as unsafe and unsound. She also says the Fed openly disregards the law when it comes to crypto banks applying for master accounts, which is the record of the account holder’s financial rights and obligations with respect to the administering reserve bank. Lastly, Lummis points out that the Fed still employs the same staff that tried to stifle the digital assets industry using regulations under the Biden Administration. Last month, Lummis, alongside Republican Representative Nick Begich, introduced a landmark bill to use the top crypto asset by market cap as a strategic reserve asset. The bill was introduced after President Donald Trump signed an executive order to establish BTC as a reserve asset. Follow us on X , Facebook and Telegram Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Federal Reserve’s Withdrawal of Crypto Guidance ‘Just Lip Service,’ Says Senator Cynthia Lummis – Here’s Why appeared first on The Daily Hodl .
The biggest moves in crypto happen when momentum is building—but not yet fully recognized. Right now, four names are flashing strong early signals: MAGACOINFINANCE.COM , XRP , Solana , and Bitcoin . Investors looking ahead to 2025 are eyeing these projects as potential multi-million-dollar plays—and those moving early may catch the next major upswing. MAGACOINFINANCE Is Quickly Entering the Spotlight Every market cycle produces one breakout project that goes from under-the-radar to center stage. MAGACOINFINANCE is shaping up to be that project. Wallet counts are rising daily. Developer updates are hitting milestones on time. Community growth is happening organically—without forced hype. The foundation is being laid brick by brick, exactly the way true long-term plays begin. Smart money isn’t waiting for headlines. They’re positioning now, before MAGACOINFINANCE becomes the name everyone is scrambling to buy later. Bitcoin, Solana, and XRP Remain Strategic Anchors Bitcoin continues to consolidate its role as a macro safe haven. With global adoption rising and ETFs opening new capital pipelines, Bitcoin’s long-term potential only grows stronger. Solana is expanding faster than many anticipated, with decentralized applications, DePIN projects, and NFT marketplaces choosing its network for speed and efficiency. Its recovery from past setbacks shows a resilience few competitors can match. XRP , having cleared regulatory hurdles, is now on a clear path toward further institutional integration. Its role in reshaping cross-border finance is becoming more visible every day—and the price movement is starting to reflect that renewed momentum. While these major players provide market stability, MAGACOINFINANCE is offering fresh upside for early adopters. Other Builders Gaining Attention: Cardano, Ethereum, Optimism, and VeChain Cardano continues to attract developers seeking security and academic rigor. With Hydra scaling solutions on the horizon, it remains a long-term play for careful builders. Ethereum remains essential for DeFi, NFTs, and the broader Web3 ecosystem. Scaling improvements and institutional integrations keep it highly relevant. Optimism is driving Ethereum’s Layer-2 expansion, allowing faster and cheaper transactions—essential for mass adoption moving forward. VeChain continues to stand out in supply chain solutions, providing real-world use cases that link blockchain with logistics and product tracking. These projects are critical pillars—but few are offering the early-stage growth window that MAGACOINFINANCE still provides. Final Word The potential for $2.2 million outcomes isn’t about chasing hype—it’s about positioning early, when real momentum is quietly building. Bitcoin , Solana , and XRP are reaffirming their dominance. MAGACOINFINANCE.COM is carving out a fresh lane—and early movers could be the ones telling the next great crypto success story. To learn more about MAGACOINFINANCE , please visit: Website: https://magacoinfinance.com Twitter/X: https://x.com/magacoinfinance Continue Reading: MAGACOINFINANCE.COM, XRP, SOLANA, and BITCOIN Are Being Watched for $2.2 Million Potential
In a significant move in the cryptocurrency market, Strategy co-founder Michael Saylor recently hinted at another substantial Bitcoin investment, following a previous $555 million acquisition. This follows a clear trend
The altcoin market has been one of the most-affected segments of the crypto industry by the uncertainty that has clouded the global financial markets in the past few months. For instance, Dogecoin — the largest meme coin by market capitalization — lost over 55% of its value in the first quarter of 2025. However, things seem to be looking up for the DOGE token, as its price jumped by nearly 15% in the past week. According to the latest on-chain observation, this recent rally might just be the beginning of another leg up for the meme coin over the coming weeks. Is A Sustained Bull Run On The Cards For DOGE? In an April 26 post on the X platform, pseudonymous crypto analyst Cryptollica posited that the price of Dogecoin could be gearing up for an extended bullish period over the next few weeks. This projection is based on the changes in the MVRV metric, which tracks the ratio of a coin’s market cap to its realized cap. Related Reading: Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View The MVRV ratio basically tells how much value the investors hold (the market cap) against the value they put in (the realized cap). Hence, when the value of this metric is greater than 1, it means that more investors are in profit at the moment. Meanwhile, a less-than-one value implies that most of the market is in the red. As such, a high MVRV ratio is generally viewed as a price top signal because investors show more propensity to offload their assets when they are in profit. On the flip side, when the metric is below the “1” threshold, it suggests that the market might be bottoming out. As observed in the chart above, the Dogecoin MVRV ratio seems to be thickening in and around the “1” threshold level. Besides its on-chain significance, this level has proven pivotal in certain trend reversals seen in the past, with the DOGE price bouncing back to a new local high each time the MVRV ratio persists around this mark. The price of Dogecoin surged by 1,900% and 2,200% in August 2017 and August 2020, respectively, when the MVRV ratio was at its current level. The last time it was around this level in August 2024, the DOGE price rallied by more than 400% to surpass $0.5. Going by the historical precedent, there is a likelihood that the DOGE price could be preparing for a significant upward movement. Considering the improving market climate, a sustained bullish run might not seem completely out of the question anymore at this point. Dogecoin Price At A Glance After briefly touching the $0.19 mark in the early hours of Saturday, April 19, the DOGE price appears to have cooled off. As of this writing, the price of DOGE is hovering around $0.18, reflecting a 0.3% decline in the past 24 hours. Related Reading: Ethereum Flips Key Resistance Into Support – Can Bulls Reclaim $2,000 Level? Featured image from iStock, chart from TradingView
Whales and large institutions continue their aggressive Bitcoin accumulation, with Strategy hinting at another Bitcoin investment that may be announced on Monday. Strategy co-founder Michael Saylor hinted at another imminent Bitcoin ( BTC ) investment on April 27, a week after the firm acquired $555 million worth of Bitcoin at an average price of $84,785 per coin. “Stay Humble. Stack Sats,” Saylor wrote, spurring investor speculation of the size of the firm’s next Bitcoin investment. Source: Michael Saylor “1.4-1.6b range imo,” wrote popular blockchain analyst RunnerXBT in anticipation of Saylor’s announcement, which would make it three times as large as Strategy’s previous investment. Related: Bitcoin treasury firms driving $200T hyperbitcoinization — Adam Back Strategy is the world’s largest corporate Bitcoin holder with over 538,200 Bitcoin worth over $50.5 billion, Bitbo data shows. The 10 largest Bitcoin holding companies. Source: Bitbo The firm’s investment philosophy inspired other companies to adopt Bitcoin, including Japanese investment firm Metaplanet , which surpassed 5,000 BTC holdings on April 24, in an effort to lead Bitcoin adoption in Asia. Related: Trump fought the bond market, the bond market won: Saifedean Ammous ETFs log $3 billion, and whales aggressively accumulate Bitcoin Whales, or large Bitcoin investors, are also accumulating Bitcoin under the $100,000 psychological mark. Whale wallets holding at least $1 million worth of Bitcoin restarted their accumulation at the beginning of April, increasing from 124,000 wallets on April 7 to over 137,600 wallets on April 26, Glassnode data shows. Bitcoin addresses with over $1 million balance. Source: Glassnode The aggressive whale accumulation helped Bitcoin’s recovery to above $94,000, Nexo dispatch analyst Iliya Kalchev told Cointelegraph, adding: “Wallets holding over 10,000 BTC have been aggressively accumulating, with a trend score of 0.90, while smaller investors are also pivoting toward long-term holding.” “Trump confirmed discussions with China are ongoing, with Beijing offering exemptions on select US imports, suggesting a softening tone. Still, markets are awaiting tangible action before re-rating global risk,” he added. Bitcoin exchange-traded fund (ETF) inflows have also contributed to Bitcoin’s near 12% weekly recovery. Bitcoin ETF Flow, USD, million. Source: Farside Investors US spot Bitcoin ETFs recorded over $3 billion worth of cumulative net inflows during the past week, marking their second-highest week of investments since launching, Farside Investors data shows. Magazine: Bitcoin’s odds of June highs, SOL’s $485M outflows, and more: Hodler’s Digest, March 2 – 8
Bitcoin and altcoins are at a critical decision-making stage. Analysts see potential growth in altcoins due to market trends. Continue Reading: Bitcoin and Altcoins Approach Key Decision Point for Future Growth The post Bitcoin and Altcoins Approach Key Decision Point for Future Growth appeared first on COINTURK NEWS .
Bitcoin is experiencing unprecedented interest from institutional investors, signaling a pivotal moment in its evolution as a mainstream asset. With total inflows exceeding $1.4 billion in just three days, the
The Federal Reserve is an independent bank and government-sponsored enterprise (GSE), not an agency or office of the federal government. So, the president and Congress cannot dismiss the Fed chair and appoint a new one to enact the monetary policies they support. The Fed is set up to be an independent central bank. But, Trump’s pressure campaign on Powell could get him to cut interest rates again. He did last time Trump was in office after the president publicly pressed him to cut rates unlike anything the US has seen in recent history. Trump Pressures Powell to Cut Rates Trump is not the most traditional guy when it suits him not to be. It is unusual for the president to lobby the Fed chair to set rate policy. It’s not common either for presidents to pepper their messages with insults for emphasis. But Trump is an economist, business executive, and micromanager. When it comes to policies, he sees them as the linchpins to exercising the government’s power in a realistically useful way. He also has a sarcastic, thorny Steve Jobs/Jack Welch leadership personality. As if to back the president on rate cuts, the S&P 500 closed 2.5% lower a day after he began pummeling Jerome Powell for more rate cuts earlier in April. Will History Repeat for Bitcoin Prices? In a post on his Truth Social media app, Trump said the economy is at risk of slowing down “unless Mr. Too Late, a major loser, lowers interest rates, NOW.” Meanwhile, his push for a US Bitcoin reserve is sparking off a new global arms race for BTC. If he gets the rate cuts, Bitcoin’s price could also skyrocket again. Right around this time in 2019, BTC traded for $5K and Trump was playing the same game. In the next 12 months or so, the Fed eventually cut rates to zero. 12 months after that, BTC traded for $60K. The last Friday in April, Bitcoin was poking above $95,000 with bulls eyeing $100,000 . The post Last Time Trump Did This Bitcoin’s Price Jumped 12X in 24 months appeared first on CryptoPotato .