By Marco Piccolo The state of Arizona is preparing to make history, becoming the first U.S. state to legally invest public funds in Bitcoin. The bill—officially called the Arizona Strategic Bitcoin Reserve Act—passed through the state legislature on Monday and is now heading to Democratic Governor Katie Hobbs for final approval. If signed, the bill […]
Tag: ETF
By Marco Piccolo The XRP cryptocurrency is set for a major moment in U.S. financial markets this week as ProShares, one of the largest exchange-traded fund (ETF) providers, prepares to launch three XRP derivatives-based ETFs. Although these are not the long-awaited spot XRP ETFs many investors crave, the launches represent a crucial step forward in […]
By Marco Piccolo Bitcoin is poised to achieve a fresh all-time high of $120,000 in the second quarter of 2025, according to Standard Chartered’s Geoffrey Kendrick, global head of digital assets research. In a report released Monday, Kendrick pointed to a series of macroeconomic and market-specific factors catalyzing the world’s largest cryptocurrency’s next significant leg […]