Bloomberg ETF analyst James Seyffart says the SEC will officially acknowledge XRP and Dogecoin ETF applications this week. The post SEC Likely to Acknowledge XRP and Dogecoin ETF Applications This Week: Analyst appeared first on Cryptonews.
After a long downtrend, the Solana price is on an uptrend. The analyst has recorded gains on the weekly and monthly timeframes. On the other hand, the DOGE price has failed to reclaim the $0.3 level due to high selling pressure. Meanwhile, there is a new AI-based project that has been gaining attention.
Eric Balchunas, Bloomberg's senior ETF analyst, and his team have estimated the approval odds of several altcoin ETFs.
Litecoin closed the weekly trade with the mighty dragonfly doji, which is powerful and hugely long. This has suggested the token is bracing itself for a strong price action, which has materialized since the start of the week.
Dogecoin started a recovery wave above the $0.250 zone against the US Dollar. DOGE is now consolidating and might face hurdles near $0.2655.
Dogecoin has always been the gold standard for meme coins, which means that a DOGE dump could trigger downward momentum across other meme coins as well. Now, with the crypto's price dropping below the $0.25 range, investors who previously focused on meme coins also seem keen on finding projects with a use case.
The Solana blockchain network is witnessing a new breed of crypto traders, smart wallets, that are making a killing by specializing in specific crypto narratives
The cryptocurrency market is currently trying to bounce back after experiencing a minor dip. Bitcoin is currently trying to rise above the $99,000 levels and is up by more than one percent in the last 24 hours. Cardano has climbed by more than 9% in the last 24 hours and Dogecoin has also gained 4%.
Legal expert Jeremy Hogan speculates on why the U.S. government might include XRP in a potential strategic reserve. Hogan argues that critics focus too much on XRP's decentralization, while the government may view it from an economic standpoint.
XRP price tested the $2.280 zone and recently corrected some losses. The price is now facing hurdles near the $2.50 and $2.60 levels.
Legal expert Jeremy Hogan presented a speculative argument about the potential role of XRP in the United States' digital asset reserve. The suggestion comes at a time when discussions around the government's potential involvement in cryptocurrency assets are gaining traction.
Litecoin (LTC) has been gaining attention in the cryptocurrency market once again as its price shows signs of recovery. Currently priced at around $120, Litecoin's market cap stands at approximately $9.08 billion, with a circulating supply of 75.5 million LTC.
Former President Donald Trump tasked Elon Musk with auditing the Pentagon.
Nasdaq is seeking SEC approval to list the Coinshares XRP ETF, arguing that XRP's deep liquidity and decentralized structure reduce manipulation risks. Nasdaq Seeks SEC Approval for Coinshares XRP ETF The Nasdaq Stock Market LLC has submitted a proposal to the U.S.
NYSE Arca has filed for a Cardano ETF on behalf of Grayscale, which already operates Bitcoin and Ethereum funds—and hopes to launch more.
The crypto world is buzzing after a mysterious Dogecoin whale moved a staggering $500,000 into an emerging AI altcoin. This bold move has left investors speculating whether it signals the start of a new rally for this hidden gem.
Ripple's legal battle with the SEC drags on as market watchers eye Paul Atkins' confirmation. Will regulatory clarity boost XRP's price?
Bloomberg ETF analysts Eric Balchunas and James Seyffart have released their latest approval odds for spot altcoin exchange-traded funds (ETFs) in 2025, with XRP receiving the lowest probability.
A widely followed crypto analyst believes that layer-1 platform Solana (SOL) is in a position to witness a nearly 2x surge.
Traders are closely eyeing Solana to gauge if it can rise 17% and reach the $243 mark.
The Dogecoin price action has crypto analysts digging deep into historical data for clues about its next move. One trader, Master Kenobi, pointed to an interesting resemblance between Dogecoin's 2017 rally and its current trajectory, suggesting that history may be repeating itself.
Analysts James Seyffart and Eric Balchunas assessed the likelihood of the SEC approving various ETF products. They claimed that a Litecoin ETF is most likely but gave a few unexpected predictions.
Bloomberg ETF analysts say Litecoin regulatory filings have been acknowledged and the SEC likely views it as a commodity.
Ripple expands in Europe, bringing instant, low-cost blockchain payments to Portugal and revolutionizing transfers on the Portugal-Brazil corridor. Ripple's European Footprint Grows—First Ever Launch of Its Payments Solution in Portugal Ripple announced a partnership with Unicâmbio, a Portuguese currency exchange provider, on Feb.
Top ETF analysts envision an uncertain future for the XRP ETF prospects due to the asset's troubled history under the previous SEC leadership.
Cryptocurrency prices were on edge on Tuesday morning as investors waited for the upcoming Jerome Powell's congressional testimony and US consumer inflation data. Bitcoin traded at $97,000, while the crypto fear and greed index was at $3.2 trillion. This article explores the forecast of key cryptocurrencies like IOTA, Raydium (RAY), and Litecoin (LTC).
Bloomberg ETF analysts Eric Balchunas and James Seyffart have compiled a list of crypto ETF applications that they believe will have shot at being approved by the U.S. Securities and Exchanges Commission (SEC) this year, and assigned a probability of approval to each filing.
The cryptocurrency market continues to evolve, XRP stands on the brink of significant developments. With Bitcoin and Ethereum leading the charge in the realm of spot exchange-traded funds (ETFs), rumors are intensifying that XRP may soon follow suit.
In recent months, Solana has recorded revenues higher than Ethereum and its Layer 2 solutions, despite the overall market decline.
Ripple (XRP) price price punched above the $2.40 mark on Monday February 10, buoyed by renewed market sentiment after a week of volatility from the US-China trade war. On-chain data shows an unusual increase in new XRP wallets created since the US Securities Exchange Commission (SEC) dropped all charges against Ripple in mid-January.
XRP spot ETFs just got hit with bad odds. Bloomberg ETF analysts James Seyffart and Eric Balchunas analyzed the current filings for crypto spot ETFs today and gave XRP a 65% chance of getting approved by the SEC, which is the lowest among the bunch.
Solana has a track record of defying expectations - will this be another one?
Bloomberg analysts James Seyffart and Eric Balchunas have revealed their predictions for the Solana, XRP, Dogecoin, and Litecoin ETFs. As part of their predictions, they outlined the approval odds for each of these crypto ETFs.
The co-founder of Solana Labs Anatoly Yakovenko claimed Kamino produced more value than Aave, despite the lower value locked in its lending vaults.
Barstool Sports founder Dave Portnoy bought into a Solana meme coin depicting him behind bars—then sold, and then bought back in again.
Bill Barhydt, the CEO of crypto investment firm Abra Global, recently took to the X social media platform (aka Twitter) to stir the BTC community with a bold Bitcoin price prediction.
Donald Trump critic and SkyBridge Capital founder Anthony Scaramucci says Solana (SOL) is his preferred layer-1 over Ethereum (ETH). In a new interview with CNBC, Scaramucci says that while SkyBridge does own some ETH, his investment thesis focuses on SOL being more successful in the long run. “We own [ETH] in small sizes.
The analysts estimate that Litecoin ETFs filed by Canary and Grayscale have the highest chance of approval.
The U.S. Securities and Exchange Commission could acknowledge the spot exchange-traded fund filing for XRP and Dogecoin as soon as this week. SEC's latest major move was the acknowledgement of the amended Solana (SOL) ETF application by Grayscale.
Cryptocurrency markets are trading slightly up on Monday, with speculation surrounding the odds for the approval of altcoin ETFs. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $97,303.56 +1.1% Ethereum (CRYPTO: ETH) $2,672.76 +1.4% Solana (CRYPTO: SOL) $202.19 +0.99% XRP (CRYPTO: XRP) $2.43 +0.9% Dogecoin (CRYPTO: DOGE) $0.2538 +1% Shiba Inu (CRYPTO: SHIB) $0.00001584 +0.99% Notable Statistics: IntoTheBlock data shows large transaction volume increased by 0.8% and daily active addresses down by 2.5%.
US Vice President JD Vance is scrutinizing the power of federal judges after a court ruling temporarily halted the Trump administration's efforts to reform government operations. His outrage follows a court ruling that stopped the Elon Musk-led Department of Government Efficiency (DOGE) from accessing information from government departments.
A new technical analysis by a crypto analyst suggests that the recent Dogecoin price decline may be coming to a fast end. The analyst projects that this top meme coin is gearing up for a price rally toward $0.5.
A crypto analyst, Trader Tardigrade, has shared a bullish outlook for Dogecoin (DOGE), predicting a potential price surge to $3.69. The forecast was based on an ascending channel pattern that has been forming on Dogecoin's monthly price chart since 2014.
A bold new investment thesis from Multicoin Capital, a crypto-focused venture firm, suggests that Solana has the potential to outperform some of the most dominant names in traditional finance, including the New York Stock Exchange (NYSE), NASDAQ, and the Chicago Mercantile Exchange (CME).
Dogecoin, one of the most widely recognized cryptocurrencies, has been experiencing a significant decline in value over the past few weeks. Currently priced around $0.23, it is now testing an important support level that could determine its future trajectory.
Blockchain company Ripple has launched a partnership with Portuguese currency exchange provider Unicâmbio. The collaboration, announced Monday (Feb. 10), is designed to support instant cross-border payments between Portugal and Brazil through Ripple Payments, the company's digital-asset-focused cross-border payments system.
Litecoin (LTC) has emerged as one of the biggest, yet silent, winners of the crypto market lately as its price has surged by nearly +60% in the past three months.