As altcoins are making a bullish comeback this week, Solana marks a conclusion to the short-term but intense pullback phase. Will this breakout run propel SOL price to $261?
Solana-based applications are now significantly outpacing Ethereum by generating revenues ten times higher, according to cryptocurrency researcher Aylo. This performance occurs despite a bear market context and a slowdown in transactions.
Cardano is showing renewed strength as bullish momentum builds, driving ADA closer to the $0.8119 resistance level. After steady accumulation, buyers are beginning to take control, pushing the price higher and reinforcing optimism in the market.
XRP has faced a significant challenge, experiencing a sharp 25% drop in price within just one week. Although it has made attempts at recovery, the altcoin has yet to fully regain investor confidence.
Solana Smart Whales took the broader crypto market by storm on Tuesday by embarking on a massive buying spree. The latest on-chain data indicated that roughly $18.5 million tokens were accumulated amid the crypto's turbulent intraday movement.
NYSE Arca has filed a regulatory form that is necessary to list shares of the Grayscale Cardano Trust under the "GADA" ticker.
As Bitcoin (BTC) price retested a crucial resistance level above $98k, Cardano (ADA) price followed in tandem, akin to most of the altcoins. The large-cap altcoin, with a fully diluted valuation of about $35.7 billion and a 24-hour average trading volume of about $1.
The altcoins market is bustling with activity today as top market analysts highlight the greater odds of approval for a spot Litecoin ETF and spot Cardano ETF. While Ethereum (ETH) and XRP are up by 2-3% each, Cardano (ADA) and Litecoin (LTC) have gained anywhere between 10-15% each amid higher odds of these crypto ETF
There's a 90% chance Litecoin ETFs are approved, followed by 75% odds for a dogecoin ETF.
The joint motion may set a precedent for resolving SEC cases, potentially leading to regulatory clarity and proactive policy development. The post Binance, SEC's joint motion signals possible case resolution, Ripple and Coinbase may follow suit appeared first on Crypto Briefing.
The Cardano native token has surged double digits following a spot ETF application from crypto asset manager Grayscale.
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.
Grayscale Investments' Cardano ETF filing marks the first standalone ADA-based product in the US. The post Grayscale Files for Spot Cardano ETF, First ADA-Based Investment Vehicle appeared first on Cryptonews.
Grayscale, through NYSE Arca, has submitted a filing under the Securities and Exchange Act of 1934 to introduce a spot Cardano exchange-traded fund (ETF).
The CME has not yet listed ADA futures, which is widely considered a prerequisite for gaining approval for a spot ETF
Eric Balchunas, Bloomberg's senior ETF analyst, and his team have estimated the approval odds of several altcoin ETFs.
NYSE Arca has filed a proposal with the U.S. Securities and Exchange Commission (SEC) to list and trade shares of the Grayscale Cardano Trust, paving the way for the first U.S. exchange-traded fund (ETF) tied to Cardano's ADA cryptocurrency.
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.
Grayscale Investments has officially filed to launch a Cardano exchange-traded fund (ETF) on the New York Stock Exchange, marking a major milestone for the ADA community. The proposal, submitted by NYSE Arca on behalf of Grayscale, seeks to list and trade shares of the Grayscale Cardano Trust.
ADA surges 11% as Grayscale's spot Cardano ETF becomes the 60th crypto ETF filing this year, raising expectations for SEC approval.
Cardano (CRYPTO: ADA) surged double digits on Monday evening after digital asset management giant Grayscale Investments applied for the U.S.'s first-ever spot Cardano exchange-traded fund. What Happened: NYSE Arca, a New York Stock Exchange subsidiary, submitted a 19b-4 application on behalf of the asset manager, seeking approval to list shares of Grayscale Cardano Trust.
Former President Donald Trump tasked Elon Musk with auditing the Pentagon.
Today, Grayscale filed paperwork with the New York Stock Exchange (NYSE) for a spot Cardano ETF, the first-ever ADA-based product that could hit US markets. The filing lands as Grayscale continues expanding its crypto offerings, with regulatory approvals on its radar thanks to president Donald Trump's crypto-friendly administration.
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.
Cardano (ADA) surged 11.72% on Tuesday, reaching $0.7470 by 20:58 (01:58 GMT) on the Investing.com Index. This marks its largest one-day percentage gain since January 3, pushing its market cap to $26.13 billion, accounting for 0.81% of the total cryptocurrency market.
Cardano has faced significant volatility and selling pressure as the broader crypto market struggles to establish strong support levels. Since early December, Cardano has dropped over 61%, with its price action reflecting a persistent downtrend that has shaken investor confidence.
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.
NYSE Arca has filed on behalf of Grayscale to launch the firm's first-ever standalone Cardano ETF product.
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.
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.
The potential listing of a Cardano ETF could enhance mainstream crypto adoption, yet regulatory challenges may impede its immediate success. The post Nyse files to list and trade Grayscale Cardano ETF under ticker GADA appeared first on Crypto Briefing.
Grayscale Investments has submitted an application to the New York Stock Exchange (NYSE) for a Cardano exchange-traded fund (ETF). This marks a step in the growing interest in cryptocurrency ETFs.
A subsidiary of the New York Stock Exchange, on behalf of Grayscale, filed to create a spot Cardano exchange-traded fund.
On Monday, asset manager and crypto ETF issuer, Grayscale, officially filed a 19b-4 proposal with the US Securities and Exchange Commission (SEC) to launch a spot Cardano ETF.