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 Potential: Monica Long’s Take Amid Ripple vs. SEC Case
The post XRP ETF Potential: Monica Long’s Take Amid Ripple vs. SEC Case appeared first on Coinpedia Fintech News Monica Long, Ripple’s president, chimed into Ripple’s situation and future during its legal battle with the SEC. A key court ruling said XRP is not a security, allowing Ripple to expand its ecosystem. This decision helped Ripple focus on improving its payment systems, using the XRP Ledger, and developing new custody solutions with partners like Metaco. Here’s what she has to…
12 months ago
Crypto billionaire expects 30% correction on $ETH after ETF launch
Billionaire crypto entrepreneur Andrew Kang has posted on X that in his view, the impact of the launch of a Spot Ethereum ETF would provide “not much” upside, and that it is already “more than priced in”. Crypto market excitement at imminent ETF launch With VanEck having just made their 8-A filing for their Spot Ethereum ETF, its launch may be imminent. When VanEck last did this filing for their Spot Bitcoin ETF, the launch happened a week afterwards. The…
12 months ago
The U.S. Spot Bitcoin ETF Records A Positive Net Inflow After Outflow Streak!
The post The U.S. Spot Bitcoin ETF Records A Positive Net Inflow After Outflow Streak! appeared first on Coinpedia Fintech News Reportedly, the U.S. spot BitcoinETF recorded an inflow of $31 Million on Tuesday after experiencing an outflow from the 11 Bitcoin funds for seven consecutive days. Notably, Fidelity’s FBTC led the net inflow with 49 Million, followed by Bitwise’s BITB with $15 Million of inflows and VanEck’s HODL saw an inflow of $4 Million. However, Grayscale’s GBTC saw a…
12 months ago
Solana (SOL) Prepares for Ethereum ETF Impact, Trades Firmly Above $130
Solana is the most common destination for assets from the Ethereum ecosystem, and with the ETFs looming, analysts predict that billions could be flowing into the SOL ecosystem. Market experts predict that Ethereum ETFs could attract at least half of BTC ETFs’ $60 billion assets, and a significant share of this would flow into Solana, halting further dips below $130. It has been the year of ETFs. Bitcoin spot ETFs launched in January and have accumulated over $60 billion in…
12 months ago
Top 10 Solana-based To Buy With Solana ETF Rumor!
The post Top 10 Solana-based To Buy With Solana ETF Rumor! appeared first on Coinpedia Fintech News The Solana price has recorded a significant correction in its portfolio over the past few days, indicating a rising bearish sentiment for the altcoin in the market. Reportedly, the SOL price has lost approximately 5% within the past day, resulting in its value plunging below the $125 mark. However, with the rising speculations of a potential Solana ETF in the crypto market, will…
12 months ago
Solana ETF Hype: Top Coins for High Returns Revealed
Solana (SOL) Exchange Traded Fund is reportedly in the pipeline as a digital asset manager makes its submission, pending approval. The hype generated by this groundbreaking move is expected to propel Solana-based coins including Render (RNDR), Dogwifhat (DOF), Arweave (AR), and Popcat (POPCAT) to a significant height. Digital asset manager 3iQ has officially filed for a Solana (SOL) Exchange Traded Fund (ETF) on Canada’s Toronto Stock Exchange (TSE). According to reports, its approval could make the Fund the first Solana…
12 months ago
Spot ETH ETF Applicants Submit Updated S-1 Documents
The post Spot ETH ETF Applicants Submit Updated S-1 Documents appeared first on Coinpedia Fintech News Bloomberg ETF analyst Eric Balchunas revealed documents that showed eight spot Ethereum ETF applicants, including Bitwise, Fidelity, VanEck, Franklin, 21Shares, Grayscale, BlackRock, and Invesco have submitted updated versions of their S-1 documents. As per the documents submitted by the companies, Franklin has set its Ethereum ETF fees at 0.19% while VanEck has set it at 0.2%, and Blackrock disclosed a $10 million seed investment.…
12 months ago
Consensys Predicts Ethereum ETF Approval Within Days
Blockchain startup Consensys has predicted that spot Ethereum ETF S-1 registrations will soon be approved. Analysts are projecting a an early July approval timeline for trading to commence. Blockchain software technology company, Consensys has predicted that the SEC could approve S-1 filings for spot Ethereum Exchange Traded Funds (ETFs) in a matter of days. Collin Brown, a renowned blockchain researcher commented that the prediction portends a bullish signal for Ethereum, the second-largest cryptocurrency. Ethereum ETF approval on the horizon! Consensys…
12 months ago
Top ETF Analyst Expects Wave of Amended ETH ETF Filings Today, Eyes SEC Approval by July 2nd
The post Top ETF Analyst Expects Wave of Amended ETH ETF Filings Today, Eyes SEC Approval by July 2nd appeared first on Coinpedia Fintech News Bloomberg ETF analyst Eric Balchunas has indicated that a significant number of amended S-1 filings for Ethereum-based Exchange Traded Funds (ETFs) are expected to be submitted today. As a result, the Securities and Exchange Commission (SEC) is set to review these amendments, with the potential final approval setting the launch of ETH ETFs by July…
12 months ago