CoinEfficiency

Bitcoin Mogul Launches into Space, 40M XRP Transfer Stuns Exchange, Grayscale Files for New ETF

Discover the latest crypto highlights: Bitcoin mogul Chun Wang's historic space mission, a massive 40M XRP transfer, and Grayscale's new ETF filing.
Published on 2025-04-02

Bitcoin Mogul Chun Wang Reaches for the Stars

In a historic milestone, Maltese Bitcoin mogul Chun Wang and three crew members successfully launched into space on April 1 as part of the Fram2 mission. Honoring Roald Amundsen’s 1911 expedition, the crew, dubbed "Framonauts," will spend five days in orbit, conducting scientific experiments like growing oyster mushrooms in microgravity. Wang and his team will also enjoy a 360-degree view of Earth’s poles through Dragon’s cupola. This marks another step in Bitcoin adopters venturing into space, following Ripple co-founder Jed McCaleb’s efforts in funding the first commercial space station.

40 Million XRP Transfer Sparks Speculation

A massive transfer of 40 million XRP, worth approximately $83.5 million, was spotted moving from South Korea’s Bithumb exchange to an unknown wallet. This transaction has ignited excitement among XRP enthusiasts, with speculation pointing to a whale accumulating tokens. Meanwhile, legendary trader Peter Brandt shared a bullish XRP price prediction, suggesting the asset could rise if it breaks above $3. At press time, XRP trades at $2.12, down 0.95% over 24 hours.

Grayscale Files for Digital Large Cap Fund ETF

Grayscale has filed with the SEC to convert its Digital Large Crypto Fund into an ETF, including XRP. The fund comprises Bitcoin (79.4%), Ethereum (10.69%), XRP (5.85%), Solana (2.92%), and Cardano’s ADA (1.14%). This move follows Grayscale’s successful conversion of its Bitcoin and Ethereum Trusts into spot ETFs earlier this year. The inclusion of XRP in the ETF highlights its growing prominence in the crypto market.

What is Coinefficiency?

Coinefficiency is your go-to platform for optimizing cryptocurrency trading, investments and strategies. We provide a comprehensive suite of tools to analyze market trends, monitor price movements, and execute effective trading strategies. Whether you're a seasoned trader or new to crypto, Coinefficiency helps you maximize your profits with data-driven insights.

Why Use Coinefficiency?

  • Advanced market analytics to identify trading opportunities.
  • Compare markets relative performance.
  • Understand market cycles over time. See market levels.
  • Compare buy-and-hold, portfolio rebalancing, Dollar-Cost-Averaging trading strategies.

With Coinefficiency, you can stay ahead of the market and execute efficient trading strategies effortlessly.

Get Started with Coinefficiency

Ready to optimize your crypto investments? Take control of your portfolio with cutting-edge tools designed for both beginners and experts.