Crypto News
XRP, DOGE Rally as SEC Acknowledges ETF Filings, JUP Cheers Token Buyback Plan
Alternative cryptocurrencies, or altcoins, made waves Friday as XRP and dogecoin (DOGE) drew strength from spot ETF optimism and Solana-based decentralized exchange Jupiter's JUP token cheered the platform's buyback program.The U.S. Securities and Exchange Commission (SEC) has acknowledged Grasycale's applications for XRP and dogecoin (DOGE) spot ETFs, Fed. 13 updates by the market regulator show. These filings will now be submitted to the SEC's federal register, setting off a 240-day deadline to review and decide on the applications.Recently, there has been a wave of filings for altcoins ETFs, including Solana's SOL and Litecoin (LTC), indicating expectations for accelerated integration of cryptocurrencies into mainstream finance under Donald Trump's Presidency.Potential approval of XRP and DOGE spot ETFs, regulated and familiar investment vehicles,...
Bitcoin Bull Market Is Far From Over, Suggests Historical BTC Trend Tied to 200-Week Average
Historical trends tied to a key indicator suggest that bitcoin (BTC) has plenty of upside left as renewed inflation in the U.S. threatens to challenge the current uptrend.The 200-week simple moving average (SMA) of bitcoin's price, which smooths out short-term market fluctuations to provide a clearer picture of the overall trend, stood at $44,200 at the time of writing, according to TradingView.Although this average is at its highest point ever, it is still significantly below the previous bull market's peak of $69,000 in November 2021.That may be an important point because past data show bull markets end with the 200-week SMA rising to the record prices established in the preceding bull run.For instance, the previous bull market ended in late...
Central African Republic President Stands by CAR Memecoin Despite Launch Controversy
President Faustin Archange Touadéra of the Central African Republic officially launched the CAR memecoin on Feb. 9 via a video shared on his X account. Deepfake Claims Dismissed The President of the Central African Republic, Faustin Archange Touadéra, officially launched the CAR memecoin on Feb. 9, and the video shared via his X account isSource link
Court Grants 60-Day Pause in Binance, SEC Dispute
The 60-day pause may prompt other crypto giants like Ripple and Coinbase to reassess their legal disputes under a new SEC.Source link
Experts Bullish on BTC Decentralized Finance Growth, Predict Triple-Digit Rise in 2025
Enthusiasm for Bitcoin in decentralized finance remains strong despite the stagnation of total value locked (TVL) since the start of 2025. Some experts attribute BTCFi’s growth to factors such as institutional investors seeking yield and the development of necessary infrastructure. TVL Declining Across Protocols In the last quarter of 2024, the total value of bitcoinSource link