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Showing posts with the label cryptocurrency investment

Crypto Market: Investor Earns 12,971% Profit from This Single Crypto Gem

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The cryptocurrency domain is extremely lucrative, given the fact that one has an eye to search for beauty in heaps of products hindering one’s vision. The domain is known for delivering worthy gains to those who have a knack for identifying winners, the ones that can sustain the bouts of volatility that the crypto market is known for. Among such incidents, one lucky investor was able to gauge market prospects, banking on a single crypto that gave him gains worth 12971%. What is this entire setup all about? Let’s find out. Also Read: Ethereum Price: $11K Move Is Coming Fast, Plan Your Returns Now One Lucky Investor Records 12971% Worth Of ETH Gains Source: Forbes As per the latest post by LookOnChain, an early Ethereum ICO participant’s wallet suddenly became active, moving nearly 1500 ETH tokens to Kraken. Per the details shared by the portal, this participant has received 20,000 ETH tokens at genesis, at a purchase cost of $6.2K. These tokens at the current ETH crypto marke...

Here’s how U.S. Solana ETF performed on the first day

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The launch of the Bitwise Solana Staking ETF (BSOL) marked a standout debut in the U.S. cryptocurrency ETF market on Tuesday. According to Eric Balchunas of Bloomberg Intelligence, BSOL generated around $56 million in first-day trading volume, making it the most active newly launched ETF of 2025, he said in an X post on October 28.  The fund was seeded with roughly $220 million; had the entire amount been deployed, trading volume could have approached $280 million, surpassing the debut of the Ethereum-based ETF. Final tally of Day One trading.. $BSOL: $56m$HBR: $8m$LTCC: $1m I can't believe how close I came. ETF sixth sense for the win. Wish there was a @Polymarket for this I'd be rich. https://t.co/TODOk13WUt — Eric Balchunas (@EricBalchunas) October 28, 2025 Alongside the strong volume, BSOL attracted about $222.8 million in assets on its first day. Balchunas described the launch as “unusually large for a crypto ETF debut,” noting that such flow...

SHIB at $0.01: Forces That May Help Shiba Inu Claim Its One Cent Dream

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Shiba Inu has been stuck in minimal price ranges of $0.000012 to $0.0000013 for a long time. The token is unable to push back against the pressure, as it encounters bearish market elements building on top of it. Shiba Inu will need more than the Shibarium pump to secure its highly ambitious one-cent dream. For this to happen, Shiba Inu needs rapid adoption, coupled with heavy usage of Shibarium and SHIB DeFi elements, to score major price highs. But there is one special component that can catapult SHIB to new highs. Can the token become truly mainstream to pursue this ambitious roadmap? Also Read: Shiba Inu Unlikely for Big Gains in 2025, But 2035 Holds Promise Secret Forces Capable of Helping SHIB Hit $0.01 1. Global Transaction Appeal Source: Getty Images Shiba Inu has long been considered a memecoin. With time, the SHIB ecosystem expanded to include serious innovations, including Shibarium, Metaverse, NFTs, and the SHI stablecoin (under development for now), in efforts to deliver re...

XRP ETF Posts Record Day-One ETF Volume As First Dogecoin ETF Follows With Strong Debut

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The REX-Osprey XRP ETF (XRPR) made a record-breaking US debut yesterday, racking up $37.7 million in trading volume, the largest first-day launch of any ETF this year. The REX-Osprey Dogecoin ETF (DOJE), the first DOGE ETF, also smashed expectations with its launch, recording $17 million in trading volume. $XRPR traded $37.7m on Day One, which edges out $IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon.. pic.twitter.com/JaQP9ekFIq — Eric Balchunas (@EricBalchunas) September 18, 2025 In the first 90 minutes, XRPR had already amassed $24 million in trades, five times more than any XRP futures ETF has achieved on its first day. Bloomberg ETF analysts Eric Balchunas described the results as “shockingly” strong, considering that on the first day, most instruments usually see trading volumes of less than $1 million....

Grayscale Launches New XRP Trust: A Potential Path to ETF

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Source: Grayscale Grayscale has officially announced the launch of the Grayscale XRP Trust on September 12, 2024. This new financial product aims to provide investors with direct exposure to XRP , a cryptocurrency used in Ripple’s cross-border payment systems. The trust is open to daily subscriptions for eligible individual and institutional accredited investors. We are proud to announce the creation of a new single-asset crypto investment fund, Grayscale $XRP Trust, which will be available through private placement. Available to eligible accredited investors. Read the press release: https://t.co/rOmVPUSFxZ pic.twitter.com/WEhk849RmT — Grayscale (@Grayscale) September 12, 2024 Potential for an XRP ETF The introduction of the Grayscale XRP Trust may set the stage for a future XRP exchange-traded fund (ETF), though such a development would require approval from the U.S. Securities and Exchange Commission (SEC) . As highlighted in a report by Fox Business, ...

Blackrock’s spot Bitcoin ETF renews optimism, sparks wave of new filings

Investment managers WisdomTree and Invesco have filed for spot Bitcoin ETFs, hot on the heels of BlackRock. At least two investment firms have made new filing s for spot Bitcoin exchange-traded funds (ETF) following investment colossus BlackRock’s move to lodge a similar application for its own spot Bitcoin ETF on June 15.  New York-based asset management fund WisdomTree is the most recent investment firm to lodge a new filing for a spot Bitcoin ETF. According to a June 21 filing to the United States Securities and Exchange Commission (SEC), WisdomTree requested that the SEC allow it to list its “WisdomTree Bitcoin Trust” on the Cboe BZX Exchange under the ticker “BTCW.” WisdomTree has filed for spot bitcoin ETF h/t @NateGeraci pic.twitter.com/JwXj8rTs2X — Eric Balchunas (@EricBalchunas) June 20, 2023 WisdomTree has applied for a spot Bitcoin ETF twice before. Its first application was rejected by the SEC in December 2021. It's second application was rejected once again in Oct...