Asset manager Purpose Investments is set to launch a spot XRP exchange-traded fund (ETF) in Canada this week after obtaining regulatory approval, giving investors a way to gain exposure to the fourth-largest cryptocurrency by market capitalization through traditional investment accounts. The ETF will start trading on the Toronto Stock Exchange on Wednesday, June 18, under the XRPP ticker, according to a Monday press release. The move comes after the Ontario Securities Commission (OSC) granted final prospectus receipt for the investment vehicle, the company said. XRP was up nearly 7% over…
Tag: Token
Crypto Exchange WhiteBIT’s Token Jumps 30% Over Juventus Partnership
The price of cryptocurrency exchange WhiteBIT’s token, WhiteBIT Coin , climbed more than 30% in the last 24 hours after the exchange announced a high-profile partnership with Italian football club Juventus. Under a new three-year deal, WhiteBIT became the “official cryptocurrency exchange” and “official sleeve partner” of Juventus, according to a press release. Starting with the FIFA Club World Cup in 2025, the exchange’s logo will be featured on the right sleeve of the club’s Men’s First Team jersey. The exchange described the agreement as a strategic collaboration focused on…
Token Unlock Strategies Used by Top Crypto VCs
Key takeaways Token unlocks release previously locked tokens into circulation, often leading to increased volatility and price drops. Vesting schedules (cliff + linear release) aim to align early stakeholders’ incentives with long-term project success. VCs use advanced strategies such as OTC deals, staggered sales and derivatives to exit profitably and avoid crashing the market. Market timing, sentiment and token allocation size influence when and how VCs sell their unlocked tokens. Token unlocks are pivotal moments in the crypto market, often causing significant price volatility. For retail investors, they can feel…
Polyhedra’s Token Tanks 83% After Abnormal Trades
Polyhedra Network (ZKJ) plunged 83% on Sunday after a series of “abnormal on-chain transactions” involving the ZKJ/KOGE (KOGE) trading pair — a collapse Binance said was triggered by a sudden liquidity crunch. “Today’s price drop was caused by a series of abnormal on-chain transactions within a very short period on the ZKJ/KOGE trading pair,” Polyhedra posted to X on June 15 after ZKJ’s market cap fell nearly $500 million in nine hours, while another tracker shows the plunge happened in less than two. Binance said the collapse of ZKJ and…
ZKJ Token Plummets More Than 60% in Flash Crash Amid Rug-Pull Allegations
On June 15, ZKJ, the native token of Polyhedra Network, suffered a sudden and steep collapse, plunging more than 60% from $1.98 to a record low of $0.7625 in just under two hours. ZKJ Revival Short-Lived On June 15, ZKJ, the native token of Polyhedra Network, suffered a flash crash, plummeting by more than 60% […] Source CryptoX Portal
6 Fundamentalnych Zmian w Ethereum – Adopcja ETH Przyśpiesza!
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 📕 Odbierz Ebooka z 10 Lekcjami z Rynku Kryptowalut: 🎯 Dowiedz się, jak znaleźć najbardziej perspektywiczne projekty O Krok Przed Rynkiem 👨💻 MOJE SOCIAL MEDIA: ▸ ▸ 🎤 PODCAST: ▸ ▸ ▸ 🎯 DOŁĄCZ DO GRUPY TELEGRAMOWEJ Ogłoszenia: WAŻNE! Każdy materiał opublikowany na kanale “Jarzombek” oraz w grupie telegramowej do której dostęp znajdziecie powyżej, jest tylko i wyłącznie moją opinią. Dzielę się z Wami moimi przemyśleniami, analizami i wieloletnim doświadczeniem na rynku kryptowalut, ale nie zachęcam do inwestowania, które wiąże się z…
SUI Token Trades Flat Despite Signs of Strong ETF Momentum
SUI , the native token of the Sui blockchain, rose slightly over the past 24 hours before falling sharply after macroeconomic factors hit global markets during U.S. afternoon hours.. The token rose following news that Nasdaq filed a 19b-4 form with the U.S. Securities and Exchange Commission (SEC) to list the 21Shares SUI exchange-traded fund. This marks the second major step in the ETF approval process. The first, a draft S-1 registration statement, was filed by 21Shares in April. If approved, this would be the first spot SUI ETF listed…
Myria token jumps as crypto market bounces in Bitcoin-led rally
The recent uptrend in the crypto market has injected fresh momentum into a wide range of assets. While Bitcoin (BTC) set the tone, some assets seized the spotlight to deliver standout performances, and among them was Myria (MYRIA). Myria (MYRIA), the native token of the Ethereum-based Layer-2 gaming platform, emerged as one of the top gainers during the latest crypto market uptick, soaring by 50% yesterday and up 5% in the past 24 hours. The surge brought the token to $0.00184, marking a 199.2% increase from its yearly low of…
Snorter Token Trading Bot to Explode?
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Many crypto traders still manually wade through hundreds of token profiles, candlestick charts, and market cap pages each day. Sure, everyone has their favorite analytics website and their tried-and-tested metrics to simplify their work. But it’s still a lot…
OpenSea Active Users Count Growing Amid Native Token Buzz
Key Notes OpenSea recorded a rally in the number of active users on its platform in May. Despite this, the total trading volume is not commensurate with the number of active users. Users are still expecting the potential SEA token airdrop despite broad criticism. OpenSea, a Miami-headquartered non-fungible token (NFT) marketplace, has recorded a noticeable rally in active users on its platform. This development expands the American company and marks a rebound in the activity surrounding digital collectibles. OpenSea Monthly Trading Volume Active User Outlook Data from Dune Analytics showed…