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.
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 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.
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.
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.
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 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.
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.
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 potential approval of a Litecoin ETF could accelerate mainstream adoption of crypto assets, influencing regulatory frameworks globally. The post DOGE, SOL, XRP ETFs lag behind LTC in approval odds: Bloomberg analysts appeared first on Crypto Briefing.
The analysts estimate that Litecoin ETFs filed by Canary and Grayscale have the highest chance of approval.
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.
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.
As anticipation builds for the XRP ETF launch, the crypto community is equally eager for the Ripple lawsuit settlement. While these monumental events are poised to revolutionize the crypto landscape, their arrival timeline remains shrouded in uncertainty.
Barstool Sports founder Dave Portnoy is doubling down on his commitment to the meme coin Stool Prisondente (CRYPTO: JAILSTOOL), even as traders question its future. What Happened: Portnoy, who initially invested hundreds of thousands of dollars in the token, insists he remains committed, despite the coin's struggles.
Ripple is partnering with Unicâmbio to transform cross-border payments between Portugal and Brazil. Unicâmbio, a Portuguese currency exchange provider, will use Ripple Pay to make business faster and easier.
XRP, the native token of Ripple Labs, is gaining notable attention from traders despite ongoing market uncertainty, making it appear more bullish compared to other assets. Today, February 10, 2025, the overall cryptocurrency market is showing signs of price recovery, and traders seem to be finding better opportunities in the XRP token.
The United States' largest union group sued the Treasury Department, accusing it of unlawfully providing sensitive information to Elon Musk's DOGE.
XRP price plummeted alongside the broader crypto market but has maintained slight gains in the last seven days. This weekly flow remains a positive spark for retail investors to rally around the asset as sell pressure weakens.
XRP price has moved just 2% over the last seven days, struggling to sustain levels above $2.50 in recent days. Its market cap has now fallen to $140 billion, and its trading volume is up 47% in the last 24 hours, reaching $5.6 billion.
The price of Dogecoin (DOGE) is down 1.5% in the past 24 hours and is still trading below the $0.30 level as meme coins kept dropping this past week. In the past 7 days, DOGE accumulated a 0.8% loss while the token is down 25.6% since the year started.
Litecoin (LTC) price shot up a staggering 9% in the past day as the cryptocurrency reclaimed the 20-day EMA.
Ripple disclosed a new partnership with Portuguese currency exchange provider Unicâmbio today. The collaboration, announced on February 10, 2025, will extend the company's crypto-enabled payments solution to Portugal for the first time—particularly aimed at facilitating more seamless transactions between Portuguese and Brazilian markets.
"A sweep at around $2.10 would be an ideal area to do some business," one analyst assumed.
President Trump's Solana meme coin hit a low price not seen since just after launch, while other top assets remain relatively steady.
As Bitcoin and Ethereum lead the charge with spot ETFs, XRP may be the next cryptocurrency to follow suit. With increasing institutional interest and a growing number of asset managers filing ETF applications, the buzz around an XRP ETF is intensifying.
Ripple continues to expand its global presence with a new strategic collaboration in Portugal and Brazil. The company has announced a partnership with Unicâmbio, one of the leading Portuguese financial institutions, to introduce an innovative crypto payment solution between Portugal and Brazil.
For anyone who purchased the token while it was trading near its multi-year center of gravity near $0.50, XRP became a major portfolio winner in late 2024. Specifically, after spending most of the bull market around the 50-cent mark, the cryptocurrency soared starting in early November and found itself at a new all-time high (ATH) near $3.31 on January 17, 2025.
Dogecoin‘s persistent bearish performance might be coming to an end shortly as the meme coin appears to have formed a bullish chart pattern, capable of igniting upward momentum. With price movements eyeing a bounce toward the upside, crypto analysts anticipate an upsurge for DOGE to new highs.