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Crypto News Highlights: XRP Surge, Ethereum ETF Delay, and Satoshi's Farewell

Explore the latest updates in the crypto world, including XRP's rise, SEC's Ethereum ETF decision, and Satoshi Nakamoto's final message.
Published on 2024-04-24

XRP Hits New All-Time High in Millionaire Addresses

XRP has seen a significant boost in the number of addresses holding at least one million tokens, reaching an all-time high. The token's price recently surged to $0.5687, bringing it close to surpassing its previous record set in June 2023. This rise in millionaire addresses correlates with previous price surges, sparking curiosity about the dynamics within the XRP ecosystem. The last major spike in millionaire addresses coincided with a landmark legal ruling, where XRP was declared a nonsecurity, causing its price to nearly double.

SEC Delays Spot Ethereum ETF Decision

The SEC has postponed its decision on a spot Ethereum ETF application submitted by Franklin Templeton. Despite receiving the application in February, the regulator has opted to delay the decision for further review. This follows a pattern seen with spot Bitcoin ETFs, approved earlier in the year. However, the likelihood of approving a spot Ethereum ETF remains low, with experts attributing the delay to a lack of engagement with issuers.

Satoshi Nakamoto's Final Message: A Historic Moment

April 23 marks 13 years since Bitcoin's creator, Satoshi Nakamoto, delivered his final message to the crypto community. In an email, Nakamoto indicated his departure from the project, expressing confidence in those taking over. This event left a lasting impact, fueling speculation about his reasons for leaving. Some suggest external pressures, possibly from investigations, influenced his decision. Despite the mystery, Nakamoto's legacy continues to shape the crypto landscape.

These highlights reflect the ever-evolving nature of the cryptocurrency world, showcasing significant events that impact both market dynamics and historical narratives.

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