Transaction URL: https://tronscan.org/#/transaction/4f64e35a06bf9479d71212b9b134f71008143e4bf22a77b22d5f544eea132eca
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ProShares takes a bold step in the cryptocurrency space by filing for a futures-based Short XRP ETF with a targeted launch date of April 30 2025. This move signals a significant shift allowing investors to engage with XRP through futures without owning the actual tokens. Approval of this ETF could integrate XRP into regular brokerage accounts providing a straightforward and regulated investment avenue for both retail and institutional players.
The landscape for XRP is evolving with it leading in ETF filings among altcoins according to Kaiko research. With 10 active ETF applications XRP surpasses other popular altcoins like Solana Litecoin and Dogecoin in this regard. Its robust liquidity also enhances its appeal to the SEC for potential ETF approvals showcasing frequent trades near its market value which is crucial for regulatory acceptance.
Recent hints from crypto analyst John Squire about a potential Ripple versus SEC settlement could catalyze a significant upward trajectory for XRP. As ProShares and other firms like Bitwise 21 Shares and CoinShares rush to file their own XRP-based products the anticipation builds. The SEC’s upcoming decision could greatly influence XRP’s incorporation into mainstream finance escalating its visibility and credibility among traditional investors.
Bitcoin’s price trajectory is once again capturing headlines, and this time the catalyst appears to be global liquidity trends reshaping investor sentiment. In a recent comprehensive breakdown, Matt Crosby, Lead Analyst at Bitcoin Magazine Pro, presents compelling evidence tying the digital asset’s renewed bullish momentum to the expanding global M2 money supply. His insights not only illuminate the future of Bitcoin price but also anchor its macroeconomic relevance in a broader financial context.
Figure 1: Historically, Bitcoin bull markets have coincided with the accelerated expansion of global liquidity. View Live Chart Bitcoin Price and Global Liquidity: A High-Impact… Read more on BitcoinMagazine
In yet another milestone for Bitcoin adoption in Latin America, the Panama City Council has voted to approve the acceptance of Bitcoin and other digital currencies for municipal services, making it the first public institution in the country to do so.
The news was announced by Panama City Mayor Mayer Mizrachi on X (formerly Twitter), who stated:
“Panama City council has just voted in favor of becoming the first public institution of government to accept payments in Crypto. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, USDT.”
This decision sets Panama City on a more progressive path, enabling residents to interact…
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Panama City has become a trailblazer by allowing residents to pay taxes fees tickets and permits using Bitcoin Ether and stablecoins. This decision follows a city council vote announced by Mayor Mayer Mizrachi Matalon on X. Panama City is now the first public institution in the country to accept digital assets for government transactions.
The initiative will initially support Bitcoin Ether USDT and USDC. It will be implemented through a partnership with a bank that converts crypto payments into dollars at the time of transaction ensuring compliance with the country’s legal tender laws. Mayor Matalon emphasized that this move enables the free flow of cryptocurrency within the entire economy and government.
This move comes as Panama’s National Assembly is considering legislation that would establish a regulatory framework for cryptocurrencies. A draft bill earlier this year sought to legalize voluntary crypto payments and promote the digital economy while incorporating blockchain technology into governance and civil transactions.
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The Ethereum scaling-focused ZKsync team said one of their admin accounts was accessed and compromised, leading to the theft of over 100 million tokens.
The attacker swiped roughly 111 million ZK, or $5 million worth of the token, the ZKsync team said. This was the amount left unclaimed from the controversial ZK airdrop that took place in June last year.
The team said the incident is “isolated” and added that “all user funds are safe and have never been at risk.”
ZKsync later identified a wallet address believed to be in the attacker’s possession and explained that the perpetrator…
Read more on Blockworks
Austin, TX – bitcoin++, the premier developer-focused Bitcoin event, returns to Austin from May 7-9, 2025. This highly anticipated conference brings together Bitcoin engineers, researchers, and innovators for an immersive three-day experience of technical workshops, cutting-edge talks, and in-depth discussions on Bitcoin development.
bitcoin++ mempools and mining edition offers an unparalleled opportunity for developers to deepen their expertise, collaborate with industry leaders, and engage with the latest advancements in Bitcoin mining. Whether you’re a seasoned Bitcoin developer or just beginning your journey, this event provides a unique environment to refine your skills and…
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The Dawn of a New Reserve Era? From Gold, to Treasuries to Bitcoin
The United States has long relied on the dollar and U.S. Treasuries as the twin pillars of its economic, fiscal and monetary strategies. But what happens when these instruments lose their luster?
According to the Bitcoin Policy Institute’s Head of Policy, Zack Shapiro, the current financial system is entering a historic inflection point. In a recent interview for the Bitcoin Policy Hour, he noted “If the United States announces that we are buying a million Bitcoin, that’s just a global seismic shock,” going on to say: “We probably go very quickly to something like a million dollars per Bitcoin.”
And while…
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Bull Bitcoin, a leading non-custodial Bitcoin platform, has launched operations in Mexico, allowing anyone—citizens, residents, or tourists—to pay Mexican bank accounts instantly using Bitcoin via Lightning, Bitcoin, or Liquid wallets. Merchants can accept Bitcoin payments and convert to pesos on-demand, expanding the company’s footprint from Canada, Costa Rica, and Europe.
“We hope this will massively boost the emerging Bitcoin circular economies in Mexico,” said Francis Pouliot, Founder and CEO of Bull Bitcoin, emphasizing the platform’s mission to drive Bitcoin adoption.
Bull Bitcoin offers Mexicans a direct way to purchase Bitcoin into self-custodial wallets using local…
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Seychelles-based cryptocurrency exchange OKX is set to make a comeback to the US market. The move follows a $505 million settlement with the Department of Justice which has allowed them to clear previous regulatory hurdles. As part of their US re-entry OKX has appointed former Barclays director Roshan Robert as the US CEO who will oversee the launch of their centralized crypto exchange and the establishment of a new regional headquarters in San Jose California.
Robert expressed excitement about the launch highlighting that all existing Okcoin users will be migrated to the new platform. This migration is expected to enhance user experience by offering deeper liquidity lower fees and more sophisticated trading tools. The phased rollout will begin with new customers to ensure a smooth secure onboarding process with a broader nationwide launch anticipated later in the year.
Additionally the exchange has planned integrations with local banks and will support major assets such as Bitcoin and Ether. OKX is also introducing its OKX Wallet to US customers which supports 130 blockchains and includes a decentralized exchange aggregator. This expansion marks a significant step towards achieving OKX’s goal of setting the global standard for compliance in the cryptocurrency sector.