U.At present presents the highest three new tales over the previous day.
XRP ETF rumors shattered by Bloomberg
James Seyffart, analyst at Bloomberg Intelligence, has just lately taken to X platform to debunk the rumors surrounding the launch date of ProShares’s futures-based XRP ETFs. In accordance with Seyffart, the ETFs aren’t going to launch on April 30. The rumors have possible originated from an outdated regulatory submitting courting again to April 15, which was offered as a brand new growth by some media retailers after which unfold throughout social media, despite the fact that there was no official affirmation from ProShares. At the moment, it stays unknown when precisely the XRP ETFs will likely be launched. “We don’t have a confirmed launch date but however we consider they are going to launch — and certain launch within the quick or presumably medium time period,” the analyst wrote.
150,000,000,000 Shiba Inu (SHIB) swapped by hackers: What occurred?
As just lately reported by PeckShield blockchain safety firm, Bitrue Exploiter-labeled addresses have exchanged roughly 150 billion Shiba Inu (SHIB) and 756 million Holochain (HOT) tokens for round 1,500 Ethereum (ETH). After this trade, a considerable portion of funds, 1,050 ETH, was transferred to TornadoCash, a crypto mixer identified for hiding transaction histories. For the time being, the hackers are holding 5,111 ETH and roughly 16 million DAI, totaling virtually $25.5 million. The state of affairs stems from a cyberattack on Bitrue again in 2023, which resulted in a big monetary lack of about $23 million. The sell-off of such a large quantity of SHIB raises considerations about potential downward stress on its worth and elevated market volatility, particularly as latest buying and selling exercise has already proven indicators of pressure. Buyers are beneficial to remain alert and hold watching market developments, as the implications of this token trade would possibly emerge within the coming days.
Presto: $200k Bitcoin coming
Throughout his latest look on CNBC’s “Squawk Field Asia,” Presto’s head of analysis Peter Chung doubled down on the buying and selling agency’s Bitcoin worth goal of $210,000 for 2025. In accordance with Chung, this will likely be doable on account of robust institutional demand and elevated international liquidity. At press time, Bitcoin is altering palms at $95,098, reclaiming the $95,000 degree after recording the most important ETF inflows of the 12 months final week. As reported by U.At present, Bitwise CEO Hunter Horsley famous that Bitcoin’s latest restoration is pushed primarily by institutional traders whereas retail traders are seemingly sitting on the sidelines. Chung characterised the latest market correction as wholesome, including that Bitcoin was behaving like gold amid macroeconomic uncertainties.