News on XRP:
Price Growth and ETFs: XRP has shown a growth of about 7% in recent days, reaching around $2.19-$2.30. The main driver is the SEC's approval of three futures XRP ETFs from ProShares, with launches scheduled for April 30, 2025 (ProShares UltraShort XRP ETF, ProShares Ultra XRP ETF, ProShares Short XRP ETF). Additionally, Brazil has launched the first spot XRP ETF from Hashdex, which enhances interest from institutional investors. The likelihood of approval for a spot XRP ETF in the US by December 2025 has risen to 78%.
Regulatory Prospects: The appointment of Paul Atkins as head of the SEC has boosted optimism around a possible settlement in the Ripple vs. SEC case. Atkins is expected to facilitate the withdrawal of the SEC's appeal and conclude the case, which could push the XRP price to an all-time high of $3.55.
Technical Analysis: XRP is trading above the 200-day exponential moving average ($1.98) and has overcome resistance at $2.23, indicating a bullish trend with potential growth up to $3.00. However, support is at $2.10, and a drop below could lead to a retracement to $1.96.
Security: A hack of the xrpl.js library (versions 4.2.1-4.2.4) has been detected, threatening the leak of private keys for 135,000 users. Users are advised to upgrade to version 4.2.5 and replace compromised keys.
Futures: The Chicago Mercantile Exchange (CME Group) plans to launch futures on XRP on May 19, 2025, pending regulatory approval, which could attract more institutional investors.
News on Bitcoin (BTC):
Price and Market: BTC is trading around $94,800, showing a growth of 0.7% in the last 24 hours. Earlier this week, the price crossed the $90,000 mark, which has become an important psychological level. Market sentiment remains bullish, but cautious due to macroeconomic risks. The Fear and Greed Index indicates 'extreme greed,' which could signal a local peak.
Regulatory Changes: The appointment of Paul Atkins as head of the SEC and the easing of the Trump administration's policy on cryptocurrencies (e.g., reducing tariffs and withdrawing pressure on the Fed) contribute to a positive sentiment. Senator Cynthia Lummis's bill to purchase 1 million BTC for the US strategic reserve could push the price to new highs.
ETFs and Capital Inflows: Spot BTC ETFs in the US are showing record weekly capital inflows, with $442 million on April 24 and $719.2 million in recent days. This supports the upward trend of BTC. However, some funds, such as the Fidelity Wise Origin Bitcoin Fund, recorded an outflow of $108 million.
Macroeconomic Factors: The easing of trade tensions between the US and China (reducing tariffs from 145% to 50-65%) and the stability of the Fed's policy have increased risk appetite, supporting the growth of BTC. However, the Fed's decisions on interest rates remain a key factor, as rate hikes could negatively impact the crypto market.
Summary: XRP shows strong growth thanks to ETFs and regulatory expectations, with potential to reach $3.00, but is vulnerable to technical retracements. BTC remains in a bullish trend, supported by ETFs and macroeconomic factors, but the market is cautious due to potential corrections. Always conduct your own research before investing, as cryptocurrencies are volatile.