Pudgy Penguins (PENGU) ETF Rumor Could Send Prices Sky-High: Here’s What to Know

PANews reported on October 22 that according to BitcoinTreasuries.NET, Japanese Bitcoin finance company Remixpoint was included in the Bitwise BTC Standard Corporations ETF (code OWNB).

Ethereum’s price has seen a modest increase. This comes even as the Ethereum ETF experienced outflows of $145 million on Monday. The postponement of the US Consumer Price Index report to October 24, caused by the government shutdown, stands as a major factor. Investors watch closely. The report holds potential to sway the broader cryptocurrency […]

The post $5 billion floods into XRP in a day; Here’s why appeared on BitcoinEthereumNews.com. XRP extended its rally on September 18, adding more than $5 billion in market value in under 24 hours. The token climbed from $3 to $3.10, pushing its market cap from $180.47 billion to $185.79 billion at the time of publication. Trading activity also surged, with 24-hour volume up 57% to $7.21 billion, as per data retrieved by Finbold from CoinMarketCap. The move coincides with confirmation that the REX-Osprey XRP ETF ($XRPR) will debut today after earlier delays. Unlike traditional spot ETFs, $XRPR will operate under a Registered Investment Company (RIC) structure, holding XRP alongside cash and Treasuries. Analysts say the product offers three key signals: it provides regulated exposure for U.S. investors without requiring direct XRP custody, it highlights growing institutional acceptance despite SEC hesitation on other ETF applications, and it is already sparking ETF-driven trading activity in spot markets. Sustaining daily volumes of over $200 million will be a key test in the weeks ahead. XRP technical analysis From a technical perspective, XRP has broken above its 7-day SMA ($3.06) and the 23.6% Fibonacci retracement ($3.07). The MACD histogram flipped positive (+0.0223), while the RSI (57.09) suggests room to extend without tipping into overbought conditions. Immediate resistance sits at $3.18, with a clean break opening the door to the $3.48 target at the 127.2% Fibonacci extension. XRP’s latest move combines ETF-driven institutional interest, technical resilience, and altcoin market tailwinds. While the ETF structure may not drive direct XRP demand as aggressively as a spot product, its novelty could attract new pools of capital and further legitimize the asset in U.S. markets. Source: https://finbold.com/5-billion-floods-into-xrp-in-a-day-heres-why/