SEC Chair Gary Gensler said the agency has "never said" that bitcoin and Ethereum are securities during a Yahoo Finance interview.
Expected Solana and XRP ETFs could attract sizable investment, JP Morgan analysts said, but it's unlikely they'll match the Bitcoin boom.
PENGU price has surged more than 9% in the last 24 hours, reclaiming the $2 billion market cap threshold. This rally solidifies its position as the second-largest meme coin on Solana, trailing BONK closely in a fierce competition for the top spot.
Issuers like VanEck, 21Shares, Bitwise, WisdomTree and Canary Capital are all seeking to launch new altcoin ETFs later this year.
Cryptocurrency markets are seeing gains across the board despite ongoing ETF outflows, indicating underlying strength in the market. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $96,344.48 +4.7% Ethereum (CRYPTO: ETH) $3,201.80 +6.2% Solana (CRYPTO: SOL) $186.30 +5.2% XRP (CRYPTO: XRP) $2.65 +7.9% Dogecoin (CRYPTO: DOGE) $0.3527 +8.6% Shiba Inu (CRYPTO: SHIB) $0.00002138 +5.5% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 34.7% and daily active addresses up by 4.5%.
The supply of USDC grows through partnerships with traditional financial operators. Solana also plays a role for USDC adoption for the new wave of users drawn in by meme tokens.
Moderate optimism in Ethereum derivatives data fails to boost short-term investor confidence.
JPMorgan Chase expects that potential Solana (SOL) and XRP exchange-traded funds (ETFs) could see multi-billion dollar inflows. VanEck's head of digital asset research Matthew Sigel reports on the social media platform X that JPMorgan says SOL and XRP ETFs could attract up to $16 billion in total.
XRP (CRYPTO: XRP) has gained 16% over the past week, fueled by growing confidence in Ripple's legal battle and the anticipated launch of XRP ETFs. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.67 $153.7 billion +9.8% +16.2% Bitcoin (CRYPTO: BTC) $96,573.27 $1.9 trillion +5.4% -0.5% Ethereum (CRYPTO: ETH) $3,217.65 $387.6 billion +7.4% -6.2% Trader Notes: Crypto chart analyst Ali Martinez sees XRP as one of the most bullish setups after a successful retest of the breakout zone.
The PNUT surge highlights the significant impact of major exchange listings on meme coins, driving investor interest and market volatility. The post Solana meme coin PNUT jumps 30% as Coinbase trading kicks off appeared first on Crypto Briefing.
The crypto market's squeeze continues, with assets recording double-digit exits. Bitcoin (BTC) and Ethereum's (ETH) outflows have shaped other assets, heightening sell pressures in the second week.
As January comes to a close, Solana (SOL) and emerging DeFi projects like Remittix (RTX) continue to dominate headlines. The recent performance of these altcoins has sparked curiosity among investors, leaving many to speculate on their potential value in the near future.
The cryptocurrency market has experienced heightened volatility, with several prominent coins such as Stellar (XLM), Solana (SOL), and Ethereum (ETH) showing signs of weakness. These assets have recently faced critical support levels breaking down, raising concerns about their future performance.
Bubblemaps will debut its own cryptocurrency on the Solana blockchain called BMT, which will serve as the backbone of the firm's new investigation platform.
Ethereum (ETH) has been trading within a broad consolidation range of $2,800 to $4,000 for nearly 10 months, signaling a phase of market indecision.
The launch of spot Solana (SOL) and XRP exchange-traded products could eclipse the performance of established exchange-traded funds (ETFs) offering exposure to bitcoin and ether in their first few months of trading, according to a recent JPMorgan report.
The token will be used to support a new community-driven crypto investigations platform called the Intel Desk.
The OBV has been on a steady decline since November, despite the buyers' resolute defense of the $180 support zone.
The price of Ethereum (ETH) fell to a low of $2,941 but recovered above the $3,000 support. Cryptocurrency price analysis brought by Coinidol.com.
Litecoin saw the largest number of transactions, followed by Bitcoin and Ether.
As the crypto market sees a recovery, the Solana (SOL) shows strong momentum with bullish signals pointing to potential growth. Analysts suggest SOL could aim for $220 as interest builds.
As the broader cryptocurrency market registers an altcoin rally, Dogecoin (DOGE) has taken a staggering lead. The meme coin has soared past other notable assets like XRP, Solana (SOL) and Cardano (ADA), which have all recorded impressive price upticks in the last 24 hours.
Leading altcoin Ethereum (ETH) has traded below $3,500 for seven days, mirroring a broader bearish sentiment across the cryptocurrency market. Since it recorded an intraday high of $3,744 on January 6, the coin's value has plummeted by 13%.
Approval of Solana and XRP ETFs could significantly boost crypto market legitimacy and attract substantial institutional investment. The post JPMorgan predicts Solana, XRP ETFs could draw up to $14 billion in first 12 months if approved appeared first on Crypto Briefing.
TL;DR Solana and XRP ETFs are projected to attract billions in new investments if approved. The U.S. Securities and Exchange Commission (SEC) will make preliminary decisions on Solana ETF applications before the end of January. JPMorgan predicts Solana and XRP ETFs could outperform Ether ETFs in their first six months of trading.
In the crypto space, AI coins were among some of the best performers last year. They took advantage of the incredible hype around generative AI technologies to attract the attention of digital asset investors.
TL;DR Solana's stablecoin supply hits $5.89 billion, the highest level recorded in the past two years. Circle's issuance of 1 billion $USDC tokens in 2025 has significantly fueled the growth of Solana's DeFi ecosystem. Key protocols like Kamino Finance and Drift dominate deposits, cementing Solana's appeal for crypto traders and investors.
The blockchain of Solana continues to drive the crypto ecosystem with fast transactions and low costs.
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Astar Network partners with Sony Block Solutions Labs to integrate with Soneium Mainnet, enhancing interoperability and scalability within the Ethereum ecosystem.
Bubblemaps will launch its Solana token this month with an investigation platform coming soon.
Banking giant JPMorgan forecasts significant investments in Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) exchange-traded funds (ETFs) if they receive approval. The report, shared on Jan. 13, suggests these ETFs could outperform Ethereum (CRYPTO: ETH) ETFs in their initial six months.
Ethereum has displayed bearish signals after breaking below its 100-day moving average, underscoring increased selling activity. However, the 200-day MA, acting as the buyers' last defense, still holds, offering hope for a potential rebound.
Although Solana (SOL) has faced short-term bearish sentiment, struggling to establish its price above the $200 resistance, a trading expert suggests the cryptocurrency's long-term technical setup points to the possibility of reaching $300 or even $400 in the coming months.
Solana has introduced Roam, a decentralized WiFi network designed to transform global connectivity.
Ethereum (ETH) has dropped nearly 30% since December 16, 2024, due to Bitcoin's (BTC) crash under $90K on Monday. The sudden collapse in BTC and the broader crypto market seems to have created an opportunity for whales to accumulate.
TL;DR The crypto market rebounds significantly, with Bitcoin surging back to $96,000 after a dramatic dip below $90,000. Ethereum and Dogecoin also see impressive gains, with Ethereum climbing to $3,184.61 and Dogecoin rallying over 8.75% to $0.346. The overall crypto market cap rises by 5.40% to $3.32 trillion, fueled by cooling U.S.
Solana (SOL) plummeted to a two-month low on Monday, mirroring a broader cryptocurrency market downturn led by Bitcoin's decline. While SOL has since recovered slightly, gaining 2%, the impact remains significant, with over $21 million in long liquidations recorded in the past 24 hours.
Sony, the electronics giant with $73 billion in yearly revenue, announced their ethereum L2 Soneium has launched its mainnet today.
Matthew Sigel described the potential XRP and SOL ETFs as game changers, echoing growing sentiment about the transformative impact of such products.
The net outflow from the US spot Ethereum ETFs on Monday was about $39 million amid slow network growth.
Historically, the first quarter of the year is always bullish for ETH, but there's one caveat this time.
The cryptocurrency market reached significant milestones in 2024. With mainstream appeal steadily rising on account of increased accessibility through Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) and a favorable political climate, the wider market went into a bull run in the last quarter of the year.
An FTX/Alameda staking address completed a monthly redemption and transfer of 182,421 SOL valued at $32.35M in two transactions a little over 10 hours ago.
The Solana ETF applications are nearing the deadline for a preliminary decision by the end of January, days after President-elect Donald Trump's inauguration on Jan. 20.
Bitcoin (BTC) briefly plummeted below $90,000 on Monday, ringing alarm bells among investors as markets panicked. However, it quickly rebounded from this level to reach $92,500 and then climbed to its current level of $95,400.
Not everyone, however, agrees that today's rebound is sustainable.
Ethereum zählt nicht umsonst zu den wichtigsten Kryptowährungen der Welt. Die aktuelle Nummer 2 der Kryptowelt punktet vorwiegend mit seinen Anwendungen für ein dezentralisiertes Finanzwesen.