Newsletter Subject

Time For Two New Crypto ETFs? 😎

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coinmarketcap.com

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spotlight@newsletters.coinmarketcap.com

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Fri, Sep 13, 2024 11:39 AM

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Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ?

Explore the latest industry news, insightful data, and exciting updates from CoinMarketCap. ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌     ͏ ‌       [CoinMarketCap Logo](~/AAQRxQA~/RgRoxql8P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPTBjM2FyOXQ2bnF5bFcDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) Data as of: 13 Sep 2024 11:35 UTC We have a pulse! The past 24 hours have been nothing short of a resurrection scene. Remember when we all lost hope of seeing more crypto ETFs? Turns out they were just taking a power nap. They're back on the scene, and the whole CT is talking about it. And those NFTs we all definitely forgot about? They are back making headlines, not in a cool way as they were back in 2021 - but it’s still something! So what’s going on in the market? Let’s make sense of it all! Here is a quick rundown of the top headlines from the past 24 hours: - Bitcoin's been swinging around the $58K mark. [What’s](~/AAQRxQA~/RgRoxql8P0SFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1ob2xkcy1kb2xsYXI1ODAwMC1kZXNwaXRlLW1peGVkLXVzLW1hY3JvLXNpZ25hbHMtYWZ0ZXItcHBpLXJlbGVhc2U_bGlkPWQwd2dzbmd4d3podVcDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) going on? 🤔 - Hopes of XRP ETF are reviving. So are we [going to see](~/AAQRxQA~/RgRoxql8P0SAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUveHJwLXRydXN0LWxhdW5jaGVkLWJ5LWdyYXlzY2FsZS1zcGFya2luZy1zcGVjdWxhdGlvbi1vZi1ldGYtaW4tZnV0dXJlP2xpZD0xZThjenF0ZXdvaHZXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) the first US XRP ETF soon? 🥹 - Sui token surges 13% following the launch of Grayscale Sui Trust. [Time](~/AAQRxQA~/RgRoxql8P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3VpLXRva2VuLXN1cmdlcy0xM3BlcmNlbnQtZm9sbG93aW5nLWxhdW5jaC1vZi1ncmF5c2NhbGUtc3VpLXRydXN0P2xpZD1mb2FwaWhiZmdybnFXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) for the US SUI ETF too? 🥹 - Someone grabbed a $1.5M NFT just for $23K! [How](~/AAQRxQA~/RgRoxql8P0SFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3R1bm5pbmctZG9sbGFyMTVtLWNyeXB0b3B1bmstcHVyY2hhc2UtYXQtZG9sbGFyMjNrLWxlYXZlcy1tYXJrZXQtaW4tc2hvY2s_bGlkPWhzejg5bmN1ZGxvMFcDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) did they pull it off? 😱 - TADA launches Telegram mini app for ride-hailing payments in crypto. [Which](~/AAQRxQA~/RgRoxql8P0SGaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGFkYS1sYXVuY2hlcy10ZWxlZ3JhbS1taW5pLWFwcC1mb3ItcmlkZS1oYWlsaW5nLXBheW1lbnRzLWluLWNyeXB0b2N1cnJlbmN5P2xpZD0zbjZ2M3JrbzlkMmJXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) countries are eligible to use it? 🤩 Let’s dive in after the market overview! MARKET OVERVIEW GLOBAL MARKET CAP $2.05T ▲0.33% (24h) 24H MARKET VOLUME $58.64B ▼16.86% (24h) BITCOIN’S DOMINANCE 56.16% ▼0.12% (24h) FEAR & GREED INDEX 33 Fear [Bitcoin] Bitcoin $58,171.76 ▲0.12% (24h) [Ethereum] Ethereum $2,365.71 ▲0.7% (24h) [BNB] BNB $547.29 ▲0.45% (24h) [ALL CRYPTO PRICES/DATA »](~/AAQRxQA~/RgRoxql8P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS8_bGlkPXl0ZnF3ZXV3cjQxY1cDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) [TRENDING CRYPTO »](~/AAQRxQA~/RgRoxql8P0RFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS90cmVuZGluZy1jcnlwdG9jdXJyZW5jaWVzLz9saWQ9ODQ1bXphemt6Y2lnVwNzcGNCCmbhfCTkZn4XUq5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) [NEW LISTINGS ON CMC »](~/AAQRxQA~/RgRoxql8P0QvaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9uZXcvP2xpZD1zdnk5cWU5cnJtODVXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) [TRENDING DEX PAIRS »](~/AAQRxQA~/RgRoxql8P0RAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9kZXhzY2FuL3RyZW5kaW5nL2FsbC8_bGlkPTJwaTRra3lmdDl1cVcDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) TOP GAINERS 24H% [Router Protocol] [Router Protocol](~/AAQRxQA~/RgRoxql8P0Q1aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3JvdXRlci1wcm90b2NvbC9XA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) ▲1754.19% [Wegie] [Wegie](~/AAQRxQA~/RgRoxql8P0QraHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3dlZ2llL1cDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲940.47% [Black Agnus] [Black Agnus](~/AAQRxQA~/RgRoxql8P0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2JsYWNrLWFnbnVzL1cDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▲513.91% TOP LOSERS 24H% [TOAD] [TOAD](~/AAQRxQA~/RgRoxql8P0QwaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL3RvYWQtdG9rZW4vVwNzcGNCCmbhfCTkZn4XUq5SG3RyaXN0cmFtYmFsZHdpbjkyQGdtYWlsLmNvbVgEAAADHA~~) ▼98.14% [HARRIS DOGS] [HARRIS DOGS](~/AAQRxQA~/RgRoxql8P0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2hhcnJpcy1kb2dzL1cDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼97.72% [D.O.G.E (Solana)] [D.O.G.E (Solana)](~/AAQRxQA~/RgRoxql8P0QxaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9jdXJyZW5jaWVzL2RvZ2Utc29sYW5hL1cDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~) ▼93.82%   Bitcoin’s Been Acting Weird… Bitcoin's been swinging around $58,000, and it's got everyone's attention. Why? Because every economic report seems to be pulling it in a different direction. Take the Producer Price Index. August's numbers that came out higher than expected month-on-month, but lower year-on-year. And unemployment claims? They're up a bit too, just to keep things interesting. Now, everyone's watching the Fed. The buzz is all about a potential 0.25% rate cut on September 18. But here's the thing - the crypto crowd isn't completely sold. There's this stubborn resistance at $60,000, and breaking through it is going to take some serious muscle. So what does it all mean? What’s the key level we should watch? Read the [full story](~/AAQRxQA~/RgRoxql8P0SFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvYml0Y29pbi1ob2xkcy1kb2xsYXI1ODAwMC1kZXNwaXRlLW1peGVkLXVzLW1hY3JvLXNpZ25hbHMtYWZ0ZXItcHBpLXJlbGVhc2U_bGlkPTdvN3p1NHN4MzN0MFcDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   XRP ETF Incoming? Grayscale Investments has launched the first U.S.-based XRP trust. This closed-end fund offers accredited investors direct exposure to XRP tokens without holding the cryptocurrency itself. The announcement sparked an 8% surge in XRP's price, pushing it to $0.56. This move has reignited discussions about the potential for a U.S. XRP ETF, following the successful launches of Bitcoin and Ethereum ETFs earlier this year. So are we going to see the first US XRP ETF soon? Read the [full story](~/AAQRxQA~/RgRoxql8P0SAaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUveHJwLXRydXN0LWxhdW5jaGVkLWJ5LWdyYXlzY2FsZS1zcGFya2luZy1zcGVjdWxhdGlvbi1vZi1ldGYtaW4tZnV0dXJlP2xpZD11anBwbG5kemNyaThXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   CMC Community: The Social Platform Transforming Crypto Engagement [CMC Community: The Social Platform Transforming Crypto Engagement](~/AAQRxQA~/RgRoxql8P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY21jLWNvbW11bml0eS10aGUtc29jaWFsZmktcGxhdGZvcm0tdHJhbnNmb3JtaW5nLWNyeXB0by1lbmdhZ2VtZW50P2xpZD11aWVybWNibzJycWRXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) The crypto revolution has a new home: CMC Community - where free speech meets crypto! [Read More](~/AAQRxQA~/RgRoxql8P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvY21jLWNvbW11bml0eS10aGUtc29jaWFsZmktcGxhdGZvcm0tdHJhbnNmb3JtaW5nLWNyeXB0by1lbmdhZ2VtZW50P2xpZD1kZWZrNGxlNWYzbWZXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   And Then We Have Sui's Surprise Surge Sui's having quite a moment too, jumping 13% in a day and hitting $1.03. So, what's got Sui all fired up? Just like XRP, Sui got blessed with the touch of Grayscale too! The new Grayscale Sui Trust is a pass for accredited investors to get in on the Sui action without actually touching the tokens. The interesting part? It’s not just the trust that’s pushing the prices up - Sui 2x-ed its total value locked in just a month. We're talking over $711 million locked up. But why Sui all of a sudden? Read the [full story](~/AAQRxQA~/RgRoxql8P0R9aHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3VpLXRva2VuLXN1cmdlcy0xM3BlcmNlbnQtZm9sbG93aW5nLWxhdW5jaC1vZi1ncmF5c2NhbGUtc3VpLXRydXN0P2xpZD1xcDNhY2g2bjVoZjNXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   Create Alerts for Your Favorite Tokens [CoinMarketCap Watchlist - Mobile](~/AAQRxQA~/RgRoxql8P0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS93YXRjaGxpc3QvP3V0bV9jYW1wYWlnbj11c2VyX3NpZ25fdXAmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9d2F0Y2hsaXN0JmxpZD0xazF5YnFraDFvdGRXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc) Did you know you can automatically monitor the crypto market’s ups and downs? Set up personalized alerts on your Watchlist at CoinMarketCap to track your favorite cryptocurrencies efficiently. Stay ahead of market trends without constant checking. [Set Up Your Alerts Now](~/AAQRxQA~/RgRoxql8P0SMaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS93YXRjaGxpc3QvP3V0bV9jYW1wYWlnbj11c2VyX3NpZ25fdXAmdXRtX3NvdXJjZT1uZXdzbGV0dGVyJnV0bV9tZWRpdW09ZW1haWwmdXRtX2NvbnRlbnQ9d2F0Y2hsaXN0JmxpZD1vMmZodmx2d2w2cTRXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)   Crypto Cab Is Here! TADA just pulled a fast one on the ride-hailing scene in Southeast Asia. They've teamed up with TON Foundation to launch a Telegram mini-app that lets you book rides and pay in crypto. No new apps, no sign-ups – just slide into your Telegram DMs and catch a ride with Toncoin or USDT. Telegram's been flirting with web3 quite a lot lately, and TADA's not about to be left at the curb. With crypto games already buzzing on the platform, this mini-app feels like the natural next step. Now the million-dollar question: Is this app available all around the world or just in specific countries? Read the [full story](~/AAQRxQA~/RgRoxql8P0SGaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvdGFkYS1sYXVuY2hlcy10ZWxlZ3JhbS1taW5pLWFwcC1mb3ItcmlkZS1oYWlsaW5nLXBheW1lbnRzLWluLWNyeXB0b2N1cnJlbmN5P2xpZD0xanVmMDJhbWU5MjhXA3NwY0IKZuF8JORmfhdSrlIbdHJpc3RyYW1iYWxkd2luOTJAZ21haWwuY29tWAQAAAMc)!   And A Tale of a Trader Outsmarting the Market A savvy trader just pulled off the deal of a lifetime in the NFT world. They snagged a rare Ape-themed CryptoPunk, worth $1.5 million, for a mere 10 ETH ($23,000). This wasn't just dumb luck. The trader used a "shotgun buyout" - a smart contract trick that lets you propose a buyout price for fractionalized NFTs. It's like calling dibs, but with millions at stake. The CryptoPunk in question, #2386, is no ordinary pixelated face. It's got a headband and small shades, making it one of the rarer pieces in the collection. Back in 2020, it was split into 10,000 parts on Niftex, with 257 owners getting a slice of the pie. Here's where it gets interesting. Niftex shut down, but their smart contracts lived on. Our mystery trader spotted this digital loophole and pounced. They put in a bid for 10 ETH on August 28, and the clock started ticking. What happened next? And can we find such deals too? Read the [full story](~/AAQRxQA~/RgRoxql8P0SFaHR0cHM6Ly9jb2lubWFya2V0Y2FwLmNvbS9hY2FkZW15L2FydGljbGUvc3R1bm5pbmctZG9sbGFyMTVtLWNyeXB0b3B1bmstcHVyY2hhc2UtYXQtZG9sbGFyMjNrLWxlYXZlcy1tYXJrZXQtaW4tc2hvY2s_bGlkPWd5aGJjcGtveXE5dFcDc3BjQgpm4Xwk5GZ-F1KuUht0cmlzdHJhbWJhbGR3aW45MkBnbWFpbC5jb21YBAAAAxw~)!   And that's it for today. 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