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T. Rowe Price, a fund management titan with almost $1.8 trillion in assets under management, has filed to launch a crypto ETF (exchange-traded fund) to invest in a basket of leading cryptos. According to the filing with the US Securities and Exchange Commission (SEC), the T. Rowe Price Active Crypto ETF will be an actively-managed product that will invest in a “diversified basket of commodity crypto assets” with the aim of outperforming the FTSE Crypto US Listed Index. ”Can’t overstate significance of T. Rowe Price filing for an actively managed crypto ETF out of left field,” said Nate Geraci, president of NovaDius Wealth President. ” T. Rowe is the quintessential legacy asset manager, founded in 1937.” Can’t overstate significance of T. Rowe Price filing for an actively managed crypto ETF out of left field… T. Rowe is the quintessential legacy asset manager, founded in 1937. They manage some $1.8tril in assets, but just got ...

The trial of two brothers, Anton and James Peraire-Bueno, began yesterday at New York’s SDNY courthouse. The brothers, both in their twenties, were charged in May last year with “conspiracy to commit wire fraud, wire fraud, and conspiracy to commit money laundering.” The charges relate to a $25 million exploit of maximal extractable value (MEV) bots on Ethereum which took place in April 2023. The brothers are expected to argue that their actions were in line with the Ethereum’s “economic incentives” and all they did was “outsmart some ‘predatory’ automated trading bots,” Business Insider reports. Yesterday’s jury selection was covered by Inner City Press’ Matthew Russell Lee who will continue to live-tweet the trial. Read more: US indicts Ethereum validators for exploiting MEV trader The charges The complaint says the Peraire-Bueno brothers “fraudulently gained access to pending private transactions and used that access to alter certain transactions and ob...

Amid ongoing cryptocurrency market volatility, OpenAI’s artificial intelligence (AI) model ChatGPT has placed nearly even odds on Bitcoin (BTC) slipping below the $100,000 mark before the end of 2025. At press time, Bitcoin was trading at $111,044, having plunged about 3.5% in the last 24 hours. On the weekly timeframe, BTC has dropped more than 10%. Bitcoin seven-day price chart. Source: Finbold According to the model’s projections, there is roughly a 50% chance that Bitcoin will briefly fall below $100,000 within the next two months.  However, the probability of the cryptocurrency remaining under that threshold for an extended period, more than two weeks, stands at around 20%. By contrast, the likelihood of Bitcoin avoiding any such decline through year-end is estimated at 30%. Odds of Bitcoin dropping below $100,000. Source: ChatGPT The model cited possible triggers for a drop below $100,000, including macroeconomic shocks, tighter monetary policy, m...

Tom Lee and BitMine Immersion Technologies are under fire from short-seller Kerrisdale Capital, which says the company’s ETH treasury strategy is a “relic on the verge of extinction.” The firm criticized BitMine for issuing billions in new shares to fund Ethereum purchases, arguing the approach erodes investor value and no longer justifies a premium stock price. BitMine’s market value is converging with the underlying value of its ETH holdings, chipping away at the company’s appeal to investors, it added. “If you want ETH, just buy it directly, stake it, or invest through one of the new ETFs,” it said. “BitMine’s middleman pitch has run its course.” BitMine’s Stock Sales To Fund ETH Purchases No Longer Justified The criticism comes after BitMine transitioned from a company mainly focused on Bitcoin mining to an Ethereum treasury firm earlier this year. Since performing that pivot, BitMine has become the largest corp...

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer ...

How many XRP tokens are you, in reality, required to own at this point to create actual wealth which can reshape your financial future? Numerous significant Cryptocurrency News have triggered this query with crypto influencer Time Traveler leading the pack in making particular suggestions which would, based on his Analysis and research, transform ordinary investment into big money. Most investors are currently asking themselves whether the levels of XRP at their current price of $2.77 are justified to long-term accumulation strategies that could transform their portfolios due to a number of reasons that have been identified as key in the market. Recently, Time Traveler told his disciples that they ought to consider having 2,000 XRP tokens in total but also said that even 500 tokens, when you hold them at least 5 years and in a number of market cycles can turn out to be life changing in terms of many major investment results. Also Read: Flare Triggers 5M XRP Surge as FXRP DeFi Launche...

Ripple (XRP) is currently leading the cryptocurrency market speculations with immense traction and courage. The token is surrounded by chatter about the upcoming ETF buzz debate, followed by the token being at the center of stablecoin activity. However, with the latest market volatility, the XRP price has recently taken a significant plunge, exploring the $2 price realm. That being said, the future XRP price outlook looks incredibly bright, as experts have pointed out, which in turn brightens the market mood. Also Read: Why is XRP Struggling Despite SEC Nod for Hashdex Nasdaq ETF XRP Future Price Outlook Source: AInvest According to Dark Defender, XRP’s price path is now diversifying with time. The token is currently sitting at $2.77, down significantly from its earlier ATH of $3 and above. However, it seems that the current XRP price plunge is nothing short of a lucrative opportunity for investors to bank on, as projections made by Dark Defender are bullish enough for the market ...

Ripple founders and early insiders have sold billions of dollars worth of personal XRP allocations. According to Forbes, two of its co-founders, Chris Larsen and Jed McCaleb, are worth a combined $14.7 billion based almost entirely on their XRP and Ripple equity holdings. This year alone, Larsen has transferred hundreds of millions of dollars worth of personal XRP allocations into exchanges. Unfortunately, the full history of their sales and current XRP ownership is hidden from public view. This is largely due to Ripple’s developers permanently deleting the XRP Ledger’s first 32,569 blocks. This technical mistake erased the history of which wallets sold XRP in 2012, the blockchain’s first year in operation. It also obscured untold data from the most important, formative months of the XRP Ledger. Despite the community reconstructing a decent amount of data since 2013, the full transaction histories of Christopher Larsen, Jed McCaleb, Arthur Britto, David ...

Ripple (XRP) is the latest market rage, and this obsession seems to be growing with time, with the XRP ETF momentum gaining speed again. The market is currently buzzing with the latest speculations, with leading analysts around the world predicting how high XRP can truly surge if XRP ETFs are approved by the end of the year. Will these ETFs play an elemental role in shaping the future of XRP? Also Read: XRP Price Prediction For Today, Tomorrow & The Next 2 Weeks Analysts Forecast: How High Can XRP Surge as ETF Mayhem Intensifies? Source: Ontime.id The XRP ETF murmurs have once again started to gain significant momentum. Brad Garlinghouse, the CEO of Ripple, was recently seen sharing his insights on the latest Exchange Traded Fund developments. Garlinghouse was quick to add that there’s a high chance that XRP ETFs may arrive before the end of this year, ushering in a wave of excitement for XRP enthusiasts to explore and be part of. Ripple’s Brad Garlinghouse declares $XRP is poised...