Author: Isabella Taylor
U.S.-based spot XRP exchange-traded funds are surging, recording 13 consecutive days of net inflows and nearing the $1 billion mark in less than a month. Summary XRP ETFs made a strong debut, following trends seen across other crypto ETFs. Investors are seemingly curious about diversifying beyond established crypto leaders. XRP ETFs appear poised to cross the $1 billion milestone imminently. Since launching on Nov. 14, spot XRP ETFs have attracted steady investment, according to CoinDesk. These funds drew $50.27 million in net new capital on Wednesday alone. That brings cumulative net inflows to $874.28 million, with a total trading volume…
21Shares has launched the first leveraged exchange-traded fund linked to the Sui blockchain project, the company announced, with the 2x Leveraged SUI ETF now trading on the Nasdaq following approval from the U.S. Securities and Exchange Commission. Summary The SEC approval marks an expansion of cryptocurrency-related investment products available on traditional U.S. exchanges The new leveraged ETF provides institutional and retail investors with exposure to the Sui ecosystem. 21Shares is also hoping to launch a spot Dogecoin ETF in the U.S. The product, delayed back in September, represents the first ETF tied to the Sui network, according to the company.…
Decentralized perpetual exchange Aster has announced a roadmap for the first half of 2026 that includes the launch of Aster Chain, a custom Layer-1 blockchain designed to support high-volume trading and expand the platform’s infrastructure, according to a company statement. Summary Aster Chain is scheduled to launch in the first quarter of 2026, with internal testing planned for late 2025, the company said. The blockchain will include Aster Code, a developer toolkit that enables applications to be deployed on the network. TK Aster Chain is scheduled to launch in the first quarter of 2026, with internal testing planned for late…
Robinhood Markets Inc. stock traded higher in recent sessions, closing Thursday at $137.08 per share, up 2.57%, despite Connecticut regulators issuing a cease-and-desist order related to the company’s prediction market operations, according to market data. Summary Robinhood shares rose in early trading despite a cease-and-desist order from Connecticut regulators. The Connecticut Department of Consumer Protection cited Robinhood Derivatives, KalshiEX, and Crypto.com for offering contracts without proper licensing. Robinhood emphasized it is a financial technology company, not a bank, noting that customer deposits are held through a partner bank with FDIC coverage, while the state ordered the platform to halt contracts…
The Commodity Futures Trading Commission (CFTC) has for the first time authorized spot cryptocurrency trading on federally regulated futures exchanges, opening a new chapter in U.S. oversight of digital assets and providing investors with a safer, domestic alternative to offshore platforms. Summary The CFTC has authorized spot cryptocurrency trading on federally regulated U.S. futures exchanges for the first time. The move brings leveraged retail crypto trades under federal rules, providing U.S. investors with a regulated alternative to offshore platforms. Multiple major exchanges—including CME, Cboe, ICE, and Coinbase—are in talks with the CFTC to launch spot and leveraged crypto products. Acting…
A new U.S. bank just flipped the script on traditional business payments: N3XT officially launched today, promising instant, programmable B2B payments in U.S. dollars any time of day—or night—leaving old-school banking hours in the dust. Summary N3XT is offering instant, programmable U.S. dollar payments for businesses worldwide, bypassing traditional banking delays. The platform allows clients to automate payments, manage market-driven transactions, and access funds immediately while staying compliant. Led by fintech veterans and backed by top investors including Paradigm and Winklevoss Capital. N3XT opens its doors as a full-reserve, fully regulated narrow bank under a Wyoming Special Purpose Depository Institution…
Bitcoin is pressing up against one of its most consequential resistance zones of the cycle, and popular crypto analyst Trader Mayne says the next few days will determine whether bulls reclaim momentum—or watch the rally stall into a lower high. Summary Bitcoin’s ability to clear the heavy confluence zone at $98K–$100K will dictate whether the market stages a final leg higher into year-end or slips back into a broader downtrend. “This remains the critical area for me,” Trader Mayne says. A clean break of the $98K–$100K band could flip those odds—and potentially ignite the last major rally of the cycle.…
Cathie Wood, CEO of Ark Invest, remains bullish on cryptocurrency — especially Ethereum. Summary Global Collaboration: Cathie Wood facilitated a meeting between Tom Lee and Francis B. Zhou in Tokyo to discuss Ethereum’s potential. Ark Invest’s Support: Ark Invest holds $271 million in BitMine Immersion Technologies, the largest corporate holder of ETH. ETH Bullish Outlook: Wood remains bullish on Ethereum’s role in decentralized finance, supporting both BitMine and Quantum Solutions. On Tuesday, Wood facilitated a meeting between Wall Street strategist Tom Lee and Quantum Solutions CEO Francis B. Zhou in Tokyo. This move aims to foster discussions around Ethereum’s potential,…
The XRP price retreated after hitting a crucial resistance level following Ripple Labs’ recent GTreasury acquisition. Summary The XRP price pulled back after hitting a crucial resistance level. Ripple Labs closed the $1 billion GTreasury buyout. All spot XRP ETFs are nearing the $1 billion asset milestone. Ripple (XRP) token retreated to a low of $2.1215 from the week’s high of $2.2245. It remains ~42% below the year-to-date high of $3.6680. Ripple Labs closed that recent $1 billion buyout of GTreasury, a 40-year-old company that helps institutions manage their treasuries well. The company hopes that the buyout will enable its…
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. A project can spend $500,000 on legal opinions, have a fully doxxed team, and pass every AML check in Singapore. It can still drain to zero in twelve seconds because of a math error in line 40 of its smart contract. This is the reality of modern crypto regulation and compliance. Summary Regulatory compliance keeps bad actors out but doesn’t guard against the real causes of loss in crypto — operational failures, supply-chain attacks, and technical incompetence…