Cryptocurrency prices remained under pressure on Wednesday as concerns about trade rose. Bitcoin moved below the important point at $100,000, while most altcoins were deep in the red. This performance may continue this week as risks remain.

Toncoin (TON), has made significant strides as a Layer-1, Ethereum-based altcoin. The token's market presence has been bolstered by notable investments, including backing from Pantera Capital, a prominent hedge fund and venture capital firm.

Crypto analysts note that POL needs to reclaim the $0.364-$0.509 range to prevent further sell-offs and stabilize its value.

Steve Yun, founder of the TON-focused $100 million fund, TVM Ventures, is bullish on TON despite the Toncoin market cap dropping by 64% since April 2024.

With this move, TVM Ventures aims to invigorate TON, expanding the ecosystem to achieve the goal of building a financial system capable of supporting 500 million onchain users by 2028.

FXGuys surges past Polkadot and Chainlink with $2.6M raised in presale, staking, Trade2Earn, and trading incentives. Discover the $FXG token today!

“[TON] can either pursue the path of reliance on L2s and side-chains or dedicate itself to its own chain," a foundation board member said.

Former TON Foundation President Steve Yun launched the fund to focus on investing in TON-based DeFi and PayFi startups.

Following the influx of new crypto-based exchange-traded funds (ETFs) in the United States, investment management firm 21Shares has submitted paperwork to launch a spot Polkadot ETF.

The ETF season is in full swing, and the latest to join the race? Polkadot. 21Shares has officially filed for a Polkadot ETF with the SEC, aiming to launch it on the Cboe BZX Exchange—the same exchange that introduced the first Polkadot exchange-traded product (ETP) back in 2021.

Steady hike in the staking TVL in recent months showed that participants have not been withdrawing their assets to use them more actively for trading purposes.

Asset management company 21Shares has recently filed an application with the Securities and Exchange Commission (SEC) to launch a Polkadot (DOT) exchange-traded fund (ETF). According to the filing on January 31, 2025, the goal is to list the 21Shares Polkadot Trust on the Cboe BZX crypto exchange, with Coinbase acting as the custodian of the DOT.

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21Shares is making a bold move by applying for the first-ever spot Polkadot ETF in the U.S.

Crypto whales—large investors who hold significant amounts of digital assets—often influence market trends in ways that are not immediately visible to retail traders. While XRP, Solana, and Polkadot continue to dominate headlines, behind the scenes, institutional investors and high-net-worth individuals are making strategic moves that suggest major developments ahead.

Here's how the crypto community reacted to the first U.S Polkadot ETF application.

21Shares is taking a radical step in the crypto investment sector by submitting a spot Polkadot (DOT) exchange-traded fund (ETF) application to the US Securities and Exchange Commission (SEC). If given the green light, this ETF would enable investors to acquire direct exposure to Polkadot without the need to purchase and maintain the cryptocurrency themselves.

DOT, Polkadot's native cryptocurrency is up by 6% as asset manager 21Shares filed for a spot Polkadot ETF, the first such filing for this altcoin. As a result, the DOT price has made quick gains shooting to $6.5 as analysts believe that a potential breakout could lead to a new high ahead.

Asset management firm 21Shares has officially filed with the SEC to introduce a spot Polkadot exchange-traded fund (ETF). The post 21Shares Seeks SEC Approval for Polkadot ETF Launch in Latest Filing appeared first on Cryptonews.

Asset management firm 21Shares has filed its S-1 registration statement for the Polkadot ETF offering with the US Securities and Exchange Commission (SEC).

Amid the surge in new crypto ETF filings in the U.S., asset management firm 21Shares has applied to launch a spot Polkadot ETF. The Asset management firm 21Shares has filed with the US SEC to launch a spot Polkadot exchange-traded fund (ETF).

Amid the influx of new crypto ETF filings in the United States, asset management firm 21Shares has filed to launch a spot Polkadot ETF.

Asset management firm 21Shares filed an S-1 with the SEC for a Polkadot ETF. The company plans to list shares on the Cboe BZX Exchange.

21Shares files for a Polkadot ETF under an S-1 registration, following Tuttle Capitals leveraged DOT ETF filing earlier this week. The post 21Shares files for Polkadot ETF, marking the second DOT-focused fund filing this week appeared first on Crypto Briefing.

Investment management firm 21Shares has filed its S-1 registration statement for the Polkadot ETF offering with the US Securities and Exchange Commission (SEC). This DOT-focused fund marks one of the non-conventional crypto ETF applications filed with the regulator this week.

Exchange-traded fund-focused firm 21Shares has filed for a Polkadot Trust in a bid to get the SEC's sign-off.

The Toncoin (TON) market has been facing increased volatility in recent months, especially following the arrest of Pavel Durov in August 2024. The event led to a mass sell-off, with investors parting ways with over 890,000 TON tokens.

Discover why FX Guys' staking and $2.6M presale success make it a top DeFi choice, drawing investors away from Toncoin and Optimism.

Polkadot (DOT), one of the most promising cryptocurrencies in the market, has become a favorite among investors looking for long-term gains. The network's revolutionary technology, designed to allow interoperability between different blockchains, continues to attract attention from both developers and investors.

The Open Network faces a backlash following its January 21 announcement that requested all Telegram-based mini-apps to exclusively use TON's blockchain infrastructure by February 21, 2025. The changes have forced Farm Frens to delay its FREN airdrop to February after The Open Network and Telegram's “unreasonable deadlines” forced the team to adjust their roadmap.

Telegram has established TON as its exclusive blockchain partner for all cryptocurrency services and Mini Apps

While the broader cryptocurrency market appears to be gradually recovering, Toncoin (TON) has yet to join the upward trend. Over the past week, TON has faced significant challenges, seeing its price dip by 5.4%.

Since Pavel Durov's arrest in August, TON has experienced a significant sell-off in price and tokens, though signs of reversal are now emerging.

Polygon could see a whale led market recovery, although it also faces a potential drop.

Polygon (POL) is currently facing strong bearish price action, with experts predicting a potential 44% price drop amid the ongoing market downturn. As of January 30, 2025, technical analysis indicates that the cryptocurrency may experience significant declines, with the price potentially falling to as low as $0.23.

Polkadot has created history with its mind blowing hold over the world. The financial system was revolutionized when Polkadot started climbing the ladder.

Following Pavel Durov's arrest, Toncoin has faced a 30% value decline, yet accumulation trends signal renewed investor confidence.

The altcoin industry has continued to bleed into the Bitcoin market again, as shown by the rising BTC dominance to nearly 60 percent. Toncoin (TON), the native coin for the Telegram-backed top-tier layer one (L1), has been bleeding profusely to Bitcoin for the past six months.

Toncoin's price crashed to a key support level as exchange balances and inflation rose, while its burn rate declined. Tonecoin (TON) fell to $4.80, its lowest level since Nov.

Toncoin, the native cryptocurrency of The Open Network (TON) blockchain, has seen a surge in exchange netflows, catching the attention of the market and prompting discussions about the implications for TON.

Toncoin (TON) is going through a clearly bearish phase with its price struggling to find new demand in the market.

Zodia Custody has integrated the TON blockchain's Jetton token standard, allowing institutions to hold native TON assets like Ston.fi's STON.

Cryptocurrency price analysis brought by Coinidol.com. The price of Toncoin (TON) has been falling as it has lost the critical support of $5.00.

With the Toncoin bulls aiming for a recovery rally, the growing supply hints at a potential trap. So, should you consider buying the recent dip in TON price amid breakout chances?

The TON Core team has unveiled its roadmap for the first half of 2025, outlining ambitious upgrades and new initiatives aimed at strengthening its ecosystem.

The market condition has once again turned bearish, causing most cryptos to witness price drops, and Toncoin (TON) isn't an exception. To be precise, the popular TON coin's value plummeted by over 4% in the last 24 hours, but these altcoins are doing well.

Discover the top crypto coins for 2025, including Solana, Ethereum, Polkadot, and BlockDAG. Explore their unique benefits, growth potential, and what sets them apart today in the market.

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