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Ripple proposed an acquisition of stablecoin rival Circle Internet Group Inc. for $4 billion to $5 billion. Circle rejected the offer for being too low, according to Bloomberg. The two companies held talks in recent months, though Ripple has not decided whether to make a follow-up offer. Circle, issuer of the USDC (USDC) stablecoin, is … Read more
Key Takeaways Bloomberg raises XRP ETF approval prediction to 85% for 2025. Litecoin and Solana ETFs have a 90% chance of approval. Share this article The likelihood of a spot XRP ETF launching in 2025 has increased, according to the latest update from Bloomberg Intelligence. Analysts now estimate an 85% chance that a spot XRP … Read more
Ukrainian servicemen operate a tank on a road near the border with Russia, in the Sumy region of Ukraine, on August 14, 2024. The Ukrainian army entered Russia’s Kursk region on August 6, capturing dozens of settlements in the biggest offensive by a foreign army on Russian soil since World War II. Roman Pilipey | … Read more
As Bitcoin falls and volatility spreads, Schiff sees the end. But with the S&P now mirroring BTC’s behavior, is Bitcoin really failing? Bitcoin “dies” again Peter Schiff has long been one of Bitcoin’s (BTC) most vocal critics. Over the years, he has maintained that the asset lacks intrinsic value, that its price is driven purely … Read more
Key Takeaways Bloomberg analysts predict Litecoin ETFs have higher approval odds than DOGE, SOL, and XRP. Litecoin’s classification as a commodity by the CFTC bolsters its ETF approval prospects. Share this article Bloomberg analysts expect Litecoin to lead the next wave of spot crypto ETF approvals, with CoinShares and other major asset managers actively pursuing … Read more
The Winklevoss twins are considering taking their crypto exchange and custodian company public, according to a Bloomberg report. Tyler and Cameron Winklevoss, co-founders of Gemini, are exploring an initial public offering in 2025, Bloomberg reported, citing sources familiar with the matter. The firm is currently in discussions with bankers about a potential listing, though no … Read more
Grayscale wants to convert its $16 million XRP trust into an ETF on the New York Stock Exchange. Read More
Investing.com– President-elect Donald Trump is preparing to declare a national emergency to grant him more power to boost the domestic energy industry and also scale back some climate change policies, Bloomberg reported on Monday. Trump’s declaration of an emergency is expected to happen from day one of his second term, which will officially begin later … Read more
Jakub Porzycki | Nurphoto | Getty Images The Chinese government is considering a plan that would have Elon Musk acquire TikTok’s U.S. operations to keep the app from being effectively banned, Bloomberg News reported on Monday. The contingency plan is one of several options China is exploring as the U.S. Supreme Court determines whether to … Read more
Key Takeaways Bloomberg analysts project a significant increase in crypto ETFs in 2025 following changes in SEC leadership. XRP, Solana, LTC, and HBAR ETFs may be considered for approval under the new SEC administration. Share this article Bloomberg analysts expect multiple new crypto ETFs to launch in 2025, following anticipated changes in SEC leadership. We … Read more
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