In a groundbreaking revelation, 21Shares announced a significant reduction in the management fees for its Bitcoin Ethereum Core ETP (ABBA). In addition, the ETP provider listed ABBA on the Xetra exchange, effective March 12, 2025, aiming to make crypto investments more affordable and accessible.
Notably, 21Shares’ ABBA offers investors a cost-effective way to invest in both Bitcoin and Ethereum, with the added security of being fully backed by these two leading cryptocurrencies. Let’s now unveil how the latest development will provide advanced investment opportunities in Bitcoin and Ethereum.
21Shares Lowers ABBA’s Management Fees and Lists on Xetra
According to a press release, 21Shares, one of the world’s largest ETP providers, announced the reduction of management fees for its Bitcoin and Ethereum Core ETP (ABBA) to 0.49%.
Significantly, the fee reduction coincides with the listing of ABBA on the Xetra exchange, which took effect on March 12, 2025.
Ethereum’s long‑awaited Pectra upgrade is live, activating 11 Ethereum Improvement Proposals on the mainnet.
The network crossed the upgrade slot at 10:05 UTC and reached finality roughly 12 minutes later, clearing the last hurdle after two turbulent testnet runs.
Ethereum’s Pectra Hard Fork Goes Live: What You Need to Know
The headline change, EIP‑7251, raises each validator’s effective balance from 32 ETH to 2,048 ETH, letting large staking providers consolidate thousands of nodes and slash bandwidth costs.
Pectra has gone live and finalized ! Testing of the newly activated EIPs continues.
Pectra Upgrade also debuts EIP‑7702, allowing externally owned accounts to temporarily execute smart‑contract code. The feature unlocks gas‑fee payments in stablecoins, subscription‑style transfers, and native wallet‑recovery tools. Nine additional EIPs target data availability, validator onboarding, and cryptographic efficiency.
At press time, ETH trades around $1,840, up almost 3% over the last 24 hours, as markets digest the upgrade while bracing for today’s FOMC rate decision.
Core developers will now pivot to the next hard fork, “Fusaka,” slated for late 2025, but today’s smooth rollout cements Ethereum’s momentum after three years of incremental tweaks.
BeInCrypto contacted Bitfinex analysts for insight on the Pectra Upgrade. In their opinion, Pectra brings both opportunities and challenges for Ethereum Layer 2s.
While it boosts efficiency and lowers costs, it may also concentrate validator power and reduce Layer 2 fee revenues.
According to the analysts, this shift could impact decentralization and incentives, pushing Layer 2s to adapt through innovation and user-focused design.
“Ultimately, the Pectra upgrade represents a double-edged sword for Ethereum’s Layer 2s,” Bitfinex analysts told BeInCrypto.
Others like Nicolai Sondergaard, Research Analyst at Nansen, offer a more measured outlook. Speaking to BeInCrypto, Sondergaard said Pectra enhances Ethereum’s Layer-2 ecosystem by doubling blob capacity and raising calldata costs.
According to Sondergaard, this makes blobs the standard for rollup data, with lower fees and smoother UX on dApps.
He said DeFi and NFTs benefit from smarter wallets, gas sponsorship, and cheaper transactions, while onboarding and voting in DAOs and social apps become easier.
“Gasless voting or simplified onboarding becomes more practical with the new wallet capabilities. Meanwhile, the upgrade doesn’t introduce backward-incompatible changes, meaning existing contracts continue functioning as-is,” Sondergaard concluded.
Meanwhile, while the technical changes are mostly invisible to users, major exchanges like Binance and Coinbase implemented temporary service pauses as a precaution.
Binance and Coinbase Halt Key Services
Binance exchange said deposits and withdrawals of 14 tokens would not be available starting Wednesday at 09:45 (UTC).
“Starting at approximately 2025-05-07 09:45 (UTC), Binance will suspend the deposits and withdrawals of token(s)…to support the Ethereum network upgrade and hard fork to ensure the best user experience,” read the announcement.
With this news, the following tokens will not be available for depositing and withdrawing on Binance. Services will resume once the tokens are deemed stable and the volatility inspired by the Pectra Upgrade has eased.
Ethereum (ETH)
Polygon (POL)
Arbitrum (ARB)
Metis (METIS)
Optimism (OP)
Scroll (SCR)
zkSync Era (ZKSYNC)
Cyber (CYBER)
Base (BASE)
Metal DAO (MTL)
Manta Network (MANTA)
Celo (CELO)
Starknet (STRK)
Worldcoin (WLD)
Binance suspends deposits and withdrawals for 14 tokens. Source: Binance announcement
This suspension comes as the exchange looks to support the Ethereum network upgrade and hard fork, ensuring the best user experience.
Notably, while Binance halts deposit and withdrawal functions for these tokens, trading on their networks will remain operational.
Coinbase also announced a similar move, pausing some operations to ensure a smooth and secure transition.
“To ensure user fund safety, we will temporarily pause Ethereum deposits and withdrawals from 2:50 AM to 3:45 AM PT,” Coinbase stated in a post.
However, the initiation of new staking requests on the Coinbase exchange will be delayed during that time. Normalcy will resume after 3:45 AM PT without affecting existing staked positions.
Is meme coin season peaking, or just getting smarter? Right now, Kaspa (KAS) market sentiment is holding strong after a major network upgrade and a large token unlock. On the flip side, the MOONPIG price crash wiped out over 65% of its value after a single whale took profits, rattling the market. Both show how different the paths can be when hype isn’t backed by structure.
Then comes Punisher Coin ($PUN), flipping the typical meme coin script. It’s not just about hype, it’s about value through action. $PUN lets users earn by participating, creating, and sticking around. This isn’t another short-lived trend. With its pay-to-play model and weekly burns, $PUN is making a serious case as one of the top crypto coins to buy now.
$PUN is Rewriting the Top Crypto Coins Order Book
Punisher Coin ($PUN) brings something fresh to meme coin culture, real rewards for real action. Every Punisher Mission pays in USDT or tokens for things like meme contests, crypto puzzles, and more. Instead of speculation, the project rewards engagement, whether you’re contributing content or completing tasks. Weekly token burns keep the supply low, adding another reason to stay involved.
Fueling all of this is the Mean Meme Machine, a tool that lets anyone create and share memes, with top picks getting spotlighted across official platforms. The War Room takes it further. With just $100 in $PUN or a presale spot, holders unlock early access to missions, airdrops, and exclusive content. It’s designed to keep people in, not just buying and leaving.
The presale is currently in Stage 2, priced at $0.00531, with over $77,000 raised so far. Out of 25 total stages, each step burns unsold tokens to build long-term scarcity. While Kaspa (KAS) market sentiment shows strength through consistency, $PUN is showing it through innovation and has thus been a project where crypto whales have shown interest in. Potential 1000x climbs coming? All the fundamentals are there. It’s not about waiting for hype, it’s building it from within. If you’re tracking crypto coins to buy now, this one has a model that’s already working.
Hard Fork Boosts Kaspa (KAS) Market Sentiment
Kaspa (KAS) is showing how consistency can win, especially after the recent Crescendo v1.0.0 hard fork. Live since May 5, the upgrade increased block speed to 10 per second, helping boost transaction flow without compromising security. That move, along with a $13 million token unlock days later, had minimal downside impact, proof that Kaspa (KAS) market sentiment is steady for now.
Price sits around $0.1016, with a solid 80% gain so far in 2025. Daily volume is near $60 million, and wallet growth from 500,000 to 1.8 million shows rising adoption. Predictions range between $0.10 and $0.26 for the year, backed by a growing DeFi and NFT presence. While others ride out hype cycles, Kaspa is playing the long game, one block at a time.
Whale Sell-Off Triggers MOONPIG Price Crash
MOONPIG had its breakout moment, hitting $0.12 and topping $125 million in market cap. But it was short-lived. After a major wallet belonging to James Wynn dumped millions in tokens, a sell-off followed, leading to a sharp MOONPIG price crash. The coin now trades at around $0.0384, with the community split between hopefuls and skeptics.
Even so, MOONPIG is still building. On May 28, it launched an official mobile game on the Apple App Store, giving the token added visibility. Earlier in May, one trader famously flipped $7.6K of TRUMP tokens into $1.4M worth of MOONPIG at its peak. But the sharp drop proves how fast things shift. Unlike steady Kaspa (KAS) market sentiment, MOONPIG’s chart shows what happens when the hype outpaces the roadmap.
Summing Up
The differences couldn’t be clearer. Kaspa (KAS) market sentiment has stayed strong thanks to real upgrades and a loyal base. In contrast, the MOONPIG price crash shows how fragile meme coin momentum can be when major holders exit. Both cases offer a snapshot of what’s working, and what’s not, in today’s market.
Then there’s Punisher Coin ($PUN), which is setting up its own rulebook. From paying users to participate, to rewarding meme creators and burning tokens weekly, $PUN isn’t here for a flash pump. It’s here to build. With its presale live at $0.00531 and over $77k raised, it’s building utility while others chase it. If you’re scanning the charts for crypto coins to buy now, this is one that’s not waiting for hype, it’s earning it.
The post MOONPIG Price Crashes 65% & Kaspa Holds as Punisher Coin See Whale Action: Is this the Next 1000x Pump? appeared first on Coinpedia Fintech News
Is meme coin season peaking, or just getting smarter? Right now, Kaspa (KAS) market sentiment is holding strong after a major network upgrade and a large token unlock. On the flip side, the MOONPIG price crash wiped out over 65% of its value after a single whale took profits, rattling the market. Both show how …
XRP price hovers at $2.20, with CME futures set to launch, signaling growing institutional interest and potential volatility ahead.
Ripple (XRP) futures to debut on CME as traders brace for heightened volatility
The launch of XRP futures by CME Group—one of the world’s most powerful institutional derivatives marketplaces—marks a defining moment for Ripple’s native token as it gains deeper traction within regulated financial markets.
The offering, expected to begin trading on May 19 pending regulatory sign-off, introduces cash-settled contracts for 2,500 and 50,000 XRP lots, referencing the CME CF XRP-Dollar Rate calculated daily at 4:00 p.m. London time.
“Interest in XRP and its underlying ledger (XRPL) has steadily increased as institutional and retail adoption for the network grows, and we are pleased to launch these new futures contracts to provide a capital-efficient toolset to support clients’ investment and hedging strategies,” said Giovanni Vicioso, Global Head of Crypto Products at CME Group.
This announcement follows a previous staging-site leak hinting at XRP and Solana futures, which CME later walked back. The confirmation this week signals the exchange’s strategic entrance into crypto markets, coinciding with a 141% YoY surge in crypto derivatives volume during Q1—reaching $11.3 billion in notional value per day.
Ripple (XRP) Price Action, April 24, 2025
However, market reaction has been muted, with Ripple price consolidating at the $2.20 down 1.2% over the last 24 -hours. This affirms the narrative that XRP price action might be cooled by broader profit-taking within the crypto market on Thursday.
XRP derivative data shows strategic positioning amid macro tailwinds
While XRP’s integration into CME group, one of the largest institutional platforms gains traction, derivatives market data on Thursday showed risk-averse trading.
As seen in the Coinglass chart below, XRP futures trading volume fell 27.84% to $8.49 billion, while open interest contracted slightly to $3.88 billion. The open interest trend shows that XRP traders closed over $40 million worth of XRP futures positions on Thursday
Options open interest declined nearly 10%, although volume surged 160.5%, indicating repositioning through short-dated instruments ahead of the CME launch.
Despite overall deleveraging, directional data from Binance and OKX show a tilt toward long positions, with long/short account ratios hovering above 2.0. Notably, top trader positions on Binance reflected a long-to-short ratio of 1.53, hinting at cautious optimism.
The derivatives recalibration came as broader markets reacted to comments from former President Donald Trump, which lifted U.S. stocks and triggered profit-taking across major cryptocurrencies. XRP was not immune—$6.88 million in long positions were liquidated, alongside $1.97 million in shorts.
CME’s XRP futures launch not only broadens institutional access but also reinforces XRP’s relevance in the evolving digital asset infrastructure. With growing macro sensitivity and deepening liquidity, the token now finds itself at the center of a maturing crypto derivatives ecosystem.
XRP Price Forecast: XRP Eyes $2.60 Resistance Amid Volume Uptick and Parabolic SAR Support
XRP is consolidating near $2.19 after a short-lived breakout above the 50-day SMA, currently at $2.25. The XRP price forecast today leans cautiously bullish, supported by multiple technical indicators.
The Parabolic SAR dots are trailing closely below the current price, suggesting ongoing bullish momentum, while the volume delta shows a recent shift in buy-side aggression with a $13.01M net inflow.
XRP Price Forecast
However, XRP is yet to convincingly breach the red 100-day SMA around $2.20 and remains below the blue 200-day SMA at $2.45, which poses the next major resistance. A decisive close above this level could open the path to $2.60, aligning with a bullish continuation scenario.
On the downside, a rejection at the current level and break below the trendline support and SAR ($1.88) would expose XRP to further correction toward $1.87. Still, as long as volume builds and the trendline holds, the technical structure favors a bullish breakout in the near term.
! Testing of the newly activated EIPs continues.
