Spot XRP ETF to Be Approved This Year, Says Top Analyst; US Congressman Discloses XRP, SOL and BTC Holdings; 8.32 Trillion in 24 Hours, Shiba Inu OI Surges: Crypto News Digest
The cryptocurrency market has been on the move over the past 24 hours, with many coins experiencing significant price swings. As we dive into the latest news and updates from the world of crypto, it’s worth noting that XRP ETF could be approved this year, according to a top analyst.
This comes as a surprise to many in the community, given the recent regulatory hurdles faced by other cryptocurrencies. It remains to be seen how this development will impact the price of XRP moving forward.
In other news, a US Congressman has come forward to disclose his holdings of several popular cryptocurrencies, including XRP, SOL, and BTC. This move is significant as it adds transparency to the crypto space, which is notoriously opaque when it comes to regulatory disclosures.
Meanwhile, Shiba Inu’s open interest (OI) has surged by 8.32 trillion in just 24 hours, a staggering increase that suggests strong demand for this meme coin.
Source: u.today