The U.S. Federal Reserve cut its benchmark interest rate by 25 basis points to a range of 4.00%-4.25%, marking the first reduction of 2025.
Bitcoin rallied to a peak of $117,900 before stabilizing around $117,400, reflecting increased investor optimism in risk assets.
The broader crypto market saw gains, with BNB reaching an all-time high of $1,004, driven by the rate cut and regulatory developments.
The U.S. Federal Reserve’…
Regulatory Milestone: SEC greenlights Grayscale Digital Large Cap Fund (GDLC) for NYSE Arca trading, tracking the CoinDesk 5 Index.
Diversified Holdings: Provides institutional exposure to BTC, ETH, SOL, XRP, and ADA in a single ETP.
Broader Implications: New generic listing standards ease approvals for future spot crypto ETFs, boosting market accessibility.
The U.S. Securities and Exchange Commission (SEC) approved the listi…
REX Shares and Osprey Funds will launch the XRPR ETF on Thursday, marking the first spot XRP product in the U.S.
The ETF uses a Cayman Islands subsidiary and an ETF-of-ETFs model to hold XRP directly while investing in related funds, registered under the Investment Company Act of 1940.
This launch follows a similar approach to the firms’ Solana staking ETF and comes amid pending approvals for other altcoin ETFs.
Investment fi…
Presales often attract attention, but not all attention leads to traction. BullZilla is building noise through meme-driven branding and token burn strategies, while Tapzi is gaining users through interactive onboarding and referral mechanics. Both offer early-stage access and speculative upside, yet much of their appeal rests on what could come next.
But BlockDAG (BDAG) is taking a different route. With over $406 million raised, 26.2 b…
On-chain data shows Galaxy Digital executing 13 transactions to acquire approximately 1.24 million SOL tokens, valued at $300 million, from major exchanges including Binance, Coinbase, and Bybit in the past 24 hours. The firm then transferred the assets to custody wallets on Fireblocks, signaling a strategic accumulation.
This latest move extends a broader buying spree, with Galaxy amassing around 6.5 million SOL over the past five days for…
