Cboe approves 21Shares XRP ETF for listing

Bitcoin whales have reported realizing $386 million in losses in a single day, underscoring the heightened volatility and economic uncertainty currently affecting the cryptocurrency market. This significant loss reflects broader trends in the market, where fluctuations in Bitcoin's value have led to substantial financial impacts for large holders.

HIVE has made history by becoming the first Bitcoin and AI infrastructure firm to list on Colombia's BVC, marking a significant expansion of its presence in the Latin American market. This listing is a pivotal step for the company as it seeks to tap into the growing interest in cryptocurrency and AI technologies in the region.

Crypto exchange-traded funds (ETFs) have extended their rally, with Bitcoin leading the charge, attracting $224 million in inflows. This surge follows a period of volatility in the cryptocurrency market, where Bitcoin and Ether faced significant outflows, contrasting with the positive performance of Solana and XRP.

Jupiter is set to launch its JupUSD stablecoin next week, a move anticipated to enhance decentralized finance (DeFi) activities on the Solana blockchain. This launch is expected to drive increased adoption and innovation within the Solana ecosystem, which has been gaining traction in the cryptocurrency market.

Gemini's stock surged in premarket trading following the approval of a license for prediction markets by the Commodity Futures Trading Commission (CFTC). This regulatory green light allows Gemini to expand its offerings in the U.S. market, potentially attracting more investors and diversifying its trading options.

The Cboe has approved the listing of the 21Shares XRP exchange-traded fund (ETF), marking a significant step towards the establishment of another U.S. spot ETF for XRP. This approval comes amid a notable inflow streak for XRP ETFs, which have recently approached the $1 billion mark over consecutive days of inflows, indicating strong institutional interest.

Jupiter has acquired Rain.fi, a strategic move aimed at enhancing its credit market growth as the value of its token, JUP, remains near record lows. This acquisition is expected to revitalize Jupiter's ecosystem and improve its market position amidst ongoing challenges in the cryptocurrency sector.

XRP has likely completed its accumulation phase and is entering a potential expansion phase, with indicators such as support levels, RSI, and fractals suggesting a bullish trend. Recently, XRP experienced a slight decline of approximately 3%, trading at around $2.08, but the overall market sentiment remains optimistic about its future performance.