XRP ETFs Launching Next Week

The crypto market is finally turning green.

After months of staring at red numbers, we’re finally seeing some light at the end of the tunnel. Even Solana is getting in on the action.

Everyone’s checking their wallets a little more frequently today, and for once, they’re actually smiling when they do.

So what’s driving today’s rally?

Let’s get you up to speed with today’s most important crypto headlines:

• ProShares is dropping a triple threat of XRP futures ETFs next week, including leveraged options for both bulls and bears. Will these leveraged ETFs finally break XRP’s price ceiling? 
• Loopscale, a Solana DeFi protocol, just lost $5.8 million to hackers who walked away with 5.7 million USDC and 1,200 SOL. Could this hack spark a wider DeFi selloff on Solana? 
• Trump teased eliminating federal income taxes for individuals making under $200K once his tariff system is implemented. How high could Bitcoin surge if capital gains taxes disappeared? 
• Blockstream CEO Adam Back predicts “hyperbitcoinization” could drive BTC to a $100-$200 trillion market cap in the next decade. What exactly triggered Back’s $200 trillion prediction? 
• SEC Commissioner Hester Peirce compared crypto regulation to playing “the floor is lava” in complete darkness. Which tokens will benefit most from clearer regulations?

Let’s dive in after the market overview!

 

Triple XRP ETFs Coming Next Week

ProShares is launching not one, but three XRP futures ETFs on April 30th.

The lineup includes a 2x leveraged fund for the bulls, a short fund for the bears, and an ultra-short -2x leveraged option for the super bears.

What’s fascinating is the SEC – yes, the same SEC that’s been crypto’s toughest critic – gave these funds their silent nod of approval.

Will these leveraged ETFs finally break XRP’s price ceiling? Read the full story!

 

Solana DeFi Protocol Bleeds Millions

Loopscale, an innovative DeFi protocol on Solana, just had their security breached to the tune of $5.8 million.

The hacker walked away with 5.7 million USDC and 1,200 SOL after executing a series of undercollateralized loans.

The team has since scrambled to reactivate loan repayments and basic functions, but most features remain locked down during the investigation.

Could this hack spark a wider DeFi selloff on Solana? Read the full story!

 

Trump Plans Federal Tax Elimination

President Trump just teased a tax plan that could completely reshape crypto investment strategies.

In a recent social media post, Trump suggested federal income taxes could be “substantially reduced” or potentially eliminated once his tariff system is fully implemented.

The focus would be on individuals making under $200,000 annually – a demographic that includes many retail crypto investors.

How high could Bitcoin surge if capital gains taxes disappeared? Read the full story!

 

The Coming Bitcoin Takeover

Blockstream CEO Adam Back believes we’re witnessing the early stages of something massive – hyperbitcoinization.

In his view, companies with Bitcoin-focused treasuries aren’t just making smart investments – they’re arbitraging “the dislocation between the bitcoin future and today’s fiat world.”

This trend could potentially drive Bitcoin to a mind-boggling $100-$200 trillion market cap in the coming decade.

What exactly triggered Back’s $200 trillion prediction? Read the full story!

 

SEC Crypto Rules Like Playing In Lava

SEC Commissioner Hester Peirce just perfectly captured the chaos of US crypto regulation with a striking metaphor.

She compared navigating crypto rules to playing “the floor is lava” in complete darkness – with companies desperately hopping from one safe spot to another to avoid touching the “regulatory lava.”

Meanwhile, new SEC Chair Paul Atkins has signaled a potential shift, promising to establish “clear regulatory rules of the road” for digital assets.

Which tokens will benefit most from clearer regulations? Read the full story!