SEC opens door to Grayscale’s Dogecoin and XRP ETFs with surprising acknowledgment
SEC's nod to Grayscale's ETF plans suggests increased openness to crypto in traditional markets.
Happy Friday!
The crypto landscape is buzzing with significant developments today. The SEC's surprising acknowledgment of Grayscale's applications for Dogecoin and XRP ETFs signals a potential shift towards greater acceptance of altcoins in traditional markets, paving the way for new investment opportunities. Meanwhile, Donald Trump is reportedly reconsidering his approach to crypto policy by favoring informal summits over a formal council, aiming to navigate the complex dynamics within the industry. Lastly, Jupiter Exchange is set to initiate a buyback of JUP tokens, committing 50% of its fees to enhance long-term stability and community engagement. Stay tuned for more insights on these pivotal stories!
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The global crypto market cap is $3.21 trillion, with a 24-hour volume of $95.45 billion. The price of Bitcoin is $96,619.05, and BTC market dominance is 59.5%. The price of Ethereum is $2,701.73, and ETH market dominance is 10.1%. The Crypto Fear & Greed Index is currently Neutral (48).
📰 Top News
SEC opens door to Grayscale’s Dogecoin and XRP ETFs with surprising acknowledgment
SEC's nod to Grayscale's ETF plans suggests increased openness to crypto in traditional markets.
Trump reportedly considering swapping crypto council for informal summits
The move is to reportedly avoid clashing with one of the many crypto tribes within the US industry.
Jupiter to buyback JUP tokens with 50% of fees starting next week
Jupiter Exchange to lock repurchased JUP tokens, shifting focus from token burns to long-term stability and engagement.
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