#CryptoNews
🚀 Crypto News: Ripple’s EU Triumph, Chainlink ETF, and Shiba Inu’s Golden Cross
Today’s market is full of fundamental news! From regulatory victories to the launch of new investment vehicles — let’s break down the main points:
🇪🇺 Ripple Conquers Europe
Ripple continues its global expansion. After receiving a license in the UK (#FCA ) last week, the company received preliminary approval for an EMI (Electronic Money Institution) license from the Luxembourg regulator (CSSF).
• Why this matters: Luxembourg is the financial heart of the Eurozone. This license gives Ripple the ability to “passport” services across the entire EU market. The total number of Ripple licenses in the world has already exceeded 75!
📊 Bitwise Launches Chainlink ETF (CLNK)
Crypto investment giant Bitwise has officially launched its new ETP under the ticker CLNK.
• Details: The product gives investors direct spot access to Chainlink.
• Meaning: Bitwise is taking over Chainlink as the leading oracle for the emerging blockchain with real data. This is another step towards the mass adoption of cryptocurrencies by traditional investors.
🐕 Shiba Inu ($SHIB ) gains up to 22%
A bullish signal is forming on the chart of the popular meme coin - the “Golden Cross” between the 23-day and 50-day moving averages.
• Target: Analysts predict a rating of up to $0.00001046 (the level of the 200-day MA).
• Rating: If the scenario is realized, SHIB can surpass the capitalization of Litecoin, Hedera and Dai, strengthening its position in the top of the market.
