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In recent months, the cryptocurrency landscape has seen a significant shift, with demand for Bitcoin ETFs (Exchange-Traded Funds) outstripping that for Ethereum ETFs. Over the past 30 days alone, the interest in Bitcoin ETFs has swelled considerably, fostering discussions about whether Bitcoin ETFs can achieve a remarkable market cap of $100 billion. This surge in interest and investment comes in the wake of various global developments and regulatory changes that have increasingly legitimized cryptocurrency as a mainstream financial asset. Historically, Bitcoin has been the poster child of the cryptocurrency world since its inception in 2009. It introduced the concept of…

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.The CoinDesk 20 is currently trading at 4380.87, down 1.1% (-49.75) since 4 p.m. ET on Monday.One of 20 assets is trading higher.Leaders: ETH (+0.2%) and BTC (-0.7%).Laggards: UNI (-3.3%) and AAVE (-3.1%).The CoinDesk 20 is a broad-based index traded on multiple platforms in several regions globally.

Ethereum continues to show strength, currently trading around $4,670 as it edges closer to the midline of its ascending channel. The market has maintained a steady recovery since late September, but signs of local exhaustion are beginning to appear, suggesting a potential short-term pullback before another push higher. Technical Analysis By Shayan The Daily Chart On the daily timeframe, ETH remains firmly within its rising channel structure, supported by the 100-day moving average near $3,900 and the 200-day around $3,000. The price is approaching the $4,800 resistance zone, a key level that has repeatedly capped rallies over the past couple…

The index will track both digital assets and publicly traded crypto-linked companies. S&P Global (NYSE: SPGI) announced on Tuesday, Oct. 7 that it is expanding its crypto index offerings with the launch of a new benchmark that tracks both cryptocurrencies and traditional stocks tied to the crypto industry.Called the S&P Digital Markets 50 Index, the benchmark will include 35 publicly traded companies involved in blockchain, digital asset operations and infrastructure, and fintech, along with 15 major cryptocurrencies, according to a press release. The index was developed by S&P Dow Jones Indices in partnership with Dinari, a company that specializes in…

Sebastian’s journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a…

XRP has struggled to keep up with the broader market. While other altcoins have rallied strongly, the XRP price has managed just a 3.1% gain over the same period. Despite holding near $3, it has repeatedly failed to break higher.The reason comes down to two key factors: a bearish chart pattern that continues to limit upside moves, and steady selling by one key trader group, even as large holders quietly accumulate.Sponsored SponsoredWhales Buy as Retail Sells — A Stalemate Slowing XRP’s BreakoutOn-chain data shows a growing divide between whales and retail investors.Wallets holding between 100 million and 1 billion XRP…

Cats aren’t just pets—they’re family. And if you’ve ever watched your furry companion dart across the living room, leap onto shelves, or scratch the corner of your sofa, you know how important it is to provide them with a space of their own. That’s where the Yaheetech Large Multi-Level Cat Tree comes in. Standing tall at 63 inches, this cat tower is more than just a piece of furniture; it’s an all-in-one playground, scratching post, lounge area, and cozy retreat. Designed with multiple levels, sisal-covered posts, condos, hammocks, dangling toys, and platforms, it ensures that your feline stays both entertained…

How regulatory clarity propelled XRP past ETH XRP (XRP), introduced by Ripple Labs in 2012, was designed as a fast and cost-effective digital asset for cross-border transactions. However, its growth was hindered by a 2020 lawsuit from the US Securities and Exchange Commission, which alleged that Ripple had conducted unregistered securities offerings.The multi-year case left XRP’s regulatory status uncertain, discouraging banks and funds from using its payment network. Portfolio managers viewed XRP as a high-risk asset, limiting its growth compared to other cryptocurrencies, particularly Ether (ETH).While XRP was gaining traction among investors, Ether continued to hold its place as the…

BNY Mellon confirmed it is exploring tokenized deposits to let clients move money on blockchain rails. The initiative is part of its plan to modernize a $2.5 trillion-a-day payments network.The pilot aims to show how regulated deposits can settle in seconds instead of days, without leaving the banking system’s protection.BNY Explores Tokenized Deposits Amid Evolving Policy FrameworksEarlier this year, the bank launched its Digital Asset Data Insights platform. It broadcasts fund-accounting data to Ethereum through smart contracts to improve transparency and accuracy.Sponsored SponsoredSource: European Banking AuthorityIn July, it introduced a tokenized money-market-fund system that records mirrored shares on GS DAP®.…

Bitcoin slipped today, retreating from a record high as the U.S. government shutdown entered its seventh day. Bitcoin edged down to the $121,000 range, and remains below Monday’s all-time peak of $126,296, per Bitbio data. Despite the minor pullback, Bitcoin has surged roughly 30% since the start of the year and is up about 9% over the past week. Gold, meanwhile, continued its historic rally, briefly topping $4,000 per ounce overnight, with futures trading at $3,980 early Tuesday, reflecting a 50% gain for the year. At the time of writing, bitcoin is trading at $122,096.  Markets appear largely unfazed by…