Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
ETF
XRP ETF Challenges: GSR Analysis Highlights Obstacles
GSR’s analysis shows XRP and Cardano face challenges with ETF adaptation. CEO Ripple Brad Garlinghouse believes in an XRP ETF launch by 2025. Though the market for cryptocurrency ETFs is growing, not all digital assets are ready for a smooth transition. Interestingly, GSR’s most recent research emphasizes how difficult the possible introduction of an XRP ETF is. As of writing, XRP is trading at $0.4759, up 0.18% over the last day but down 2.24% over the previous week. The assessment…
12 months ago
Ethereum to Double? Solana ETF Predictions and Furrever Token’s 50% Bonus Code FURR50
The post Ethereum to Double? Solana ETF Predictions and Furrever Token’s 50% Bonus Code FURR50 appeared first on Coinpedia Fintech News Investors are optimistic about Ethereum’s future, expecting its value to possibly double. Meanwhile, Solana’s recent ETF application has sparked discussions about how it might move in price. Adding to the excitement is Furrever Token, a cute new cryptocurrency offering a 50% bonus code, FURR50, to early buyers. With its charming cat-themed features and strong referral program, Furrever Token is…
12 months ago
Waiting Game Continues: Spot Ethereum ETF Launch DELAYED Again!
The post Waiting Game Continues: Spot Ethereum ETF Launch DELAYED Again! appeared first on Coinpedia Fintech News The SEC has thrown a curveball in the approval process for Ethereum ETFs by returning S-1 forms to their issuers. Initially anticipated to launch next week, these spot Ethereum ETFs will face further delays, as the SEC has requested revisions to the S-1 forms submitted by issuers. Well… what next? A Hiccup in the Approval Process According to experts like Eric Balchunas, senior…
12 months ago
Chile Welcomes First Bitcoin ETF: BlackRock’s iShares Bitcoin Trust Begins Trading
BlackRock introduces the first Bitcoin ETF, iShares Bitcoin Trust, now trading on the Santiago Stock Exchange. The ETF is managed by BCI Securities Brokerage, offering institutional access to cryptocurrency investments in Chile. BlackRock has introduced the first Bitcoin ETF in Chile, named iShares Bitcoin Trust (IBIT), which commenced trading on the Santiago Stock Exchange on June 27. This financial instrument provides Chilean investors with institutional access to Bitcoin investments. BlackRock’s iShares Bitcoin Trust (IBIT) is listed on the Santiago Stock…
12 months ago
BTC Back To 60K Support Region, Ether ETF Remains Bullish Catalyst: QCP
The post BTC Back To 60K Support Region, Ether ETF Remains Bullish Catalyst: QCP appeared first on Coinpedia Fintech News QCP in its weekend brief noted that an onslaught of bearish headlines throughout the week has taken BTC back down to the 60k support region. The market has to deal with overwhelming supply from the Mt. Gox unlocks and the selling by government bodies. In its view, the scary supply numbers are probably overstated, and the market will grind sideways…
12 months ago
Solana ETF Approval Could Skyrocket SOL’s Value 9x Higher, Report Finds
Leading asset manager and Bitcoin Exchange Traded Fund (ETF) issuer VanEck has officially filed a Spot Solana ETF with the US Securities and Exchange Commission (SEC), fueling bold growth predictions for the Solana ecosystem. Market-making firm GSR Markets recently released a report shedding light on the potential impact of a Solana ETF and highlighting the platform’s emergence as part of the “Big Three” in the crypto space. Speculation Of A Solana ETF Approval GSR’s report highlights Solana’s rapid rise within…
12 months ago
Solana ETF Faces Regulatory Hurdles, Could Wait Until 2025, Bloomberg Analyst Says
VanEck has filed an application for Solana ETF in the US. Bloomberg ETF said approval might not come until 2025 due to regulatory strain. Bloomberg analyst James Seyffart says the first Solana (SOL) Exchange-Traded Fund (ETF) filed by VanEck might face regulatory hurdles in the US. The analyst highlights 2025 as the possible timeline for the Solana ETF launch. Regulatory Hurdles Plaguing Solana ETF Launch Taking to the X platform, Seffart stated that the Solana ETF launch will depend on…
12 months ago
Breaking : 21SHARES Files S-1 for Solana ETF
The post Breaking : 21SHARES Files S-1 for Solana ETF appeared first on Coinpedia Fintech News On June 28th, the ETF Issuer 21Shares filed the S-1 form with the U.S. SEC for the 21Shares Core Solana ETF. This move marks a significant step towards making Solana-based exchange-traded funds (ETFs) available to public investors. 21shares becomes the second firm to launch Solana ETF after VanEck’s significant step in expanding its suite of crypto-related products by filing for the first U.S. exchange-traded…
12 months ago
Solana Leads Over XRP and Cardano in the ETF Race, According to GSR
The post Solana Leads Over XRP and Cardano in the ETF Race, According to GSR appeared first on Coinpedia Fintech News GSR, a leading crypto market maker, suggests that while Cardano and Ripple’s XRP may not see an ETF approval soon, Solana has better chances. GSR’s comprehensive analysis assumes a crypto-friendly regulatory approach in the US, in which ETF approval hinges primarily on two factors – decentralization and market demand. GSR also disclosed that it has a long trade position…
12 months ago