The U.S. Securities and Exchange Commission (SEC) has officially accepted Cboe BZX's application to list 21Shares' XRP ETF, according to a regulatory filing published on Feb. 14.
The move marks a major step forward for U.S. exchanges in their efforts to bring a spot XRP ETF to market. XRP is the native token of Ripple's XRP Ledger blockchain network.
The SEC's approval of the application also reflects a shift in its approach to cryptocurrencies as President Donald Trump begins his second term. In 2020, the SEC sued Ripple for allegedly issuing unregistered securities when it launched its XRP token.
The case was partially settled in August 2023 when a U.S. judge ruled that XRP is not a security per se, but could be considered a security under certain circumstances.
If listed as a commodity trust, XRP would be in the same league as the spot Bitcoin and Ethereum ETFs approved in the US last year.
21Shares filed its Core XRP Trust ETF application in November 2024, just days before Trump won the US presidential election on November 5. Trump has pledged to make the US “the crypto capital of the world” and appointed industry-friendly leaders to key board positions.
The U.S. cryptocurrency market is heating up again, and this time, it's not just retail traders. With the return of President Donald Trump bringing hopes for clearer regulations, interest is being sparked across Wall Street.
But interestingly, major banks, which were previously hesitant about cryptocurrency, are now making strong moves to expand their cryptocurrency services. Global banks are expanding cryptocurrency services Several major banks worldwide are also ramping up their cryptocurrency service offerings, such as:
BNY Mellon is expanding its cryptocurrency custody services HSBC is planning to roll out an institutional-grade custody solution Standard Chartered has launched a digital asset custody service in Dubai Crédit Agricole and Banco Santander have received regulatory approval in France for their joint cryptocurrency custody venture State Street, which manages $44.3 trillion in assets, has partnered with Taurus to provide cryptocurrency custody and tokenization services for institutional investors
At the Cardano Summit 2024 in Dubai, ADA was announced as the DeFi layer of Bitcoin, a turning point that could significantly increase the value of this token.
🔹 Approval of Cardano ETF
Grayscale Investments has submitted a proposal for the approval of Cardano ETF to the NYSE. If approved, this will make it easier for traditional investors to access ADA, pushing the price of this token higher.
🔹 Collaboration with Microsoft
Cardano founder Charles Hoskinson revealed that the platform may collaborate with Microsoft. Although there is no specific information yet, this news alone has made the ADA community extremely excited.
🔹 Hoskinson becomes cryptocurrency advisor to the Trump administration
Hoskinson's role as an advisor on Donald Trump's crypto policies could help ADA benefit from a more favorable regulatory environment in the U.S.
Litecoin ETF has a 90% chance of being approved by the SEC in 2025: ETF experts Bloomberg's ETF analysts forecast a 90% likelihood that the U.S. Securities and Exchange Commission (SEC) will approve a spot Litecoin ETF before the end of the year.
According to Bloomberg experts James Seyffart and Eric Balchunas, the chances of the Litecoin ETF being approved in 2025 are higher than for other proposed cryptocurrency ETFs, including spot ETFs for XRP, Solana, and Dogecoin—with approval probabilities of 65%, 70%, and 75%, respectively.
Launched in 2011 as a faster alternative to Bitcoin, Litecoin operates on a similar Proof-of-Work consensus mechanism as Bitcoin.
In a post on X, Seyffart and Balchunas noted that the SEC's approval process for the Litecoin ETF may proceed more smoothly than for other ETFs, due to the S-1 and 19b-4 forms having been submitted and acknowledged. Additionally, the SEC is likely to classify Litecoin as a commodity, making the approval process easier. #LTC $ETH
Universities and charitable funds increase investment in Bitcoin
As cryptocurrency prices surge, many charitable funds and endowment funds of universities are not sitting on the sidelines; they are pouring in increasingly large investments.
Charitable funds and endowment funds of various American universities are ramping up their exposure to cryptocurrency to participate in the "frenzy" driven by President Donald Trump's promise to turn the nation into the world's "Bitcoin superpower." Cryptocurrency has significantly outperformed many other asset classes over the past 5 years despite its high volatility. Many who were once "on the sidelines" are now jumping into the race for fear of missing out on exceptional wealth opportunities.
The University of Austin is raising a $5 million Bitcoin fund. Earlier, in October 2024, Emory University in Georgia became the first university endowment fund to disclose its holdings of Bitcoin ETF funds. The $4.8 billion Rockefeller Fund is also considering increasing its exposure to cryptocurrency after investing in digital asset venture funds two years ago.
"We are not sure how cryptocurrency will evolve over the next 10 years, but we do not want to be left behind when its potential becomes significant," said Chun Lai, the fund's investment director.
LTC surpasses $118, with a 24-hour increase of 9.85% The market shows that LTC has exceeded the $118 level, currently quoted at $117.64, with a 9.85% increase in 24 hours. The market volatility is quite significant, please manage your risks well. #LTC #LTC&XRPETFsNext?
Jay Jog, co-founder of Sei Labs, shares Sei's strengths compared to its competitors and what will make this token one of the top Layer 1 Tokens. According to him, Sei's EVM (Ethereum Virtual Machine) feature makes it different from other Layer 1 networks, allowing the blockchain to maintain high transaction speeds while developers can still use EVM.
Jog explains that although EVM has advanced technology, it was not designed for scalability.
In contrast, Solana scales its blockchain to improve performance. The founder of Sei states that their ultimate goal is to scale EVM in a way that Solana has.
Furthermore, Jog shares that the Sei v2 upgrade will increase its appeal to many developers because it removes barriers to deploying DeFi protocols on Sei's blockchain.
The founder claims that with over 57 billion USD in DeFi deposits on Ethereum, this will help Sei attract developers from Ethereum.
Additionally, this upgrade allows developers to transition without needing to adjust their source code.
In the coming years, Jog notes that Sei has the potential to become one of the leading Layer 1 blockchains.
Data from CoinMarketCap shows SEI has decreased slightly in the past 24 hours. At the time of writing, SEI is trading at 0.6112 USD.
Market Cap Rejected, Altcoins Consolidate Rekt Capital’s technical analysis highlights the importance of the $425 billion resistance level for the altcoin market, especially for altcoins outside the top 10. The analysis comes amid a volatile altcoin market over the past week, which has continued a lengthy correction that began in early January, when the market cap hit a multi-year high of around $440 billion.
Despite the sharp rejection at this key resistance level, the depth of the recent correction is significantly shallower than previous ones. The current correction is only about 50% off the $425 billion resistance level, while the previous two major declines were deeper at 69% and 85%. This mild correction suggests a shift that could impact the trajectory of the altcoin market.
Can XRP Price Reach $5? XRP, like most other cryptocurrencies, has faced volatility in recent weeks, falling nearly 15% to a low of $2.12, but it has recovered significantly since then. As of press time, XRP is trading at $2.42, showing a gain of 1.1% over the past 24 hours.
For XRP to maintain its bullish momentum, it needs to stay above the 50-day SMA (Simple Moving Average). If this happens, analysts believe that XRP could reach the important Fibonacci levels of $3.52, $4.52, and finally $5.5.
Along with the bullish outlook, multiple applications for XRP spot ETFs have been filed, raising hopes that XRP price could break the ATH to reach the $5 mark.
Injective updates its brand identity, affirming its vision of connecting with traditional finance At its core, Injective's new brand still showcases that it is a blockchain providing infrastructure for Web3 projects to deploy modular applications, easily bringing products to end users. Injective's Layer-1 is one of the top destinations for financial institutions and traditional businesses to access the world of digital assets.
Injective hopes to bridge the gap between Web2 and Web3, where users can access this field 24/7 without being limited by geographic location, nationality, or their own asset value.
The project has continuously launched new products recently, such as the index for BlackRock's BUIDL fund, or an index that combines the performance volatility of stocks and digital tokens through AI technology.
Injective is currently a top Layer-1 in the blockchain field with exceptional revenue growth thanks to millions of transactions conducted on the network every day, three years after the mainnet launch, especially with instant processing speeds, low fees, and no serious security incidents reported. The tokenomics of the INJ token has a weekly token burn mechanism, providing sustainable value for investors.
Injective's infrastructure is further strengthened with the MultiVM toolkit, allowing external developers to easily implement their ideas into practical products here. #inj #INJCoin #AltcoinRevolution2028
Bitcoin is on track to hit a new high in 2025, with a forecast of $150,000.
According to Immortal, the Bitcoin market operates on a 1,452-day cycle, divided into three main phases: bear, volatility, and accumulation.
Based on historical data, Bitcoin typically bottoms about 527 days before the halving – a major event that reduces the supply of new BTC.
This prediction helped Immortal correctly predict the BTC bottom in November 2022. Based on a similar methodology, the expert believes that Bitcoin could hit $150,000 in 2025, as the post-halving rally continues.
Trump Media and Technology Group (TMTG) has announced plans to launch exchange-traded funds (ETFs) and separately managed accounts (SMAs) tied to its Truth Social platform. These products will include investment strategies related to Bitcoin, expanding its reach and providing investors with more innovative investment options.
According to a February 6 announcement, TMTG – a company in which former US President Donald Trump owns a majority stake – has filed trademark applications for multiple ETFs and SMAs. These funds will be linked to the Truth Social social media platform and Truth+ video streaming service.
The price of Litecoin rises 14% after the ETF announcement, but where will it go when approved? Litecoin, the cryptocurrency that emerged right after Bitcoin, is considered to be the most undervalued. While many believe it is out of fashion, the price of LTC is showing strong growth. In 2023 and 2024, the price of LTC was capped under 100 USD, but as the price consolidates above that threshold from the beginning of 2025, a new ATH seems to be approaching.
The weekly chart of LTC price shows a bullish trend preparing for strong action as the price stabilizes above the 200-day MA. Moreover, the golden cross between the 50-day MA and the 200-day MA could push the price above the 205 USD threshold. The MACD, which was about to enter a bearish phase, quickly shifted to a bullish trend, restoring hope for a bull market. Therefore, the price of Litecoin is expected to break through the current consolidation, surpassing the important threshold of 150 USD. The increase in trading volume suggests a growing participation of investors, which could increase the volatility of the Token. The price, from the top 20, hopes to soon join the top 15 as bulls push the price above 300 USD.
On February 1st, Trump announced a plan to impose tariffs on Canada, Mexico, and China. Bitcoin, starting the day at $102,398, dropped 4.64% from February 1st to February 2nd as the market reacted negatively.
However, when news spread that Trump had suspended tariffs on Canada and Mexico, Bitcoin buyers jumped back in, pushing the price higher. On February 3rd, BTC recovered 3.75%, rising back above $100,000 but could not maintain it for long, later falling back to the range of $98,000 – $99,000.
However, there is optimistic news, as Trump recently approved an executive order to establish the United States National Investment Fund, which further strengthened investors' confidence that Trump may add Bitcoin to the fund in the future. #BTC #AICrashOrComeback
Injective: Can INJ reach 50 USD after this bullish breakout? Injective (INJ) has broken out of a bullish flag pattern, signaling a strong accumulation trend. As of January 6, 2025, INJ is trading at 26.18 USD, reflecting an increase of 12.42%. This breakout sets targets at resistance levels of 33.34 USD and 50 USD, reflecting market optimism and the potential for a sustainable upward trend.
Injective has seen significant growth with new addresses increasing by 48.51% and active addresses up by 33.44%, indicating strong interest from investors. Liquidation data shows positive sentiment with more short positions being liquidated than long ones, reinforcing bullish expectations. This positive trend aligns with the current market excitement.
The RSI at 52.70 indicates room for growth, supported by the moving average signaling a bullish trend. Market sentiment is optimistic with Open Interest rising 13.38% to 195.42M USD, reinforcing confidence in price increases. All these factors suggest a strong case for INJ reaching the 50 USD mark under favorable conditions. #INJ $BTC
A New Way to Invest in Litecoin Canary Capital’s Litecoin ETF is the first altcoin ETF filing to be officially reviewed, according to Eric Balchunas, senior ETF analyst at Bloomberg. If approved, it would allow investors to buy Litecoin without having to handle cryptocurrency wallets or private keys. Instead, they could trade it like a regular stock, making Litecoin investing much easier. The initiative follows Canary Capital’s previous effort to launch an XRP-based ETF. Meanwhile, other firms are also seeking approval for crypto ETFs, including ones focused on Solana, XRP, and even meme coins related to Donald and Melania Trump. As interest in crypto investments continues to grow, more and more firms are pushing for their own crypto ETFs. #LTC #USBitcoinReserves
The cryptocurrency market reacts positively as the Fed maintains interest rates. Many are concerned that the market may experience strong fluctuations ahead of the FOMC, but stable interest rates have boosted the price of Bitcoin and other altcoins. Meanwhile, the price of Litecoin is preparing for a breakout, having rebounded strongly before the FOMC and risen over 14% amid the SEC's review of the ETF application.
The price of Litecoin increased by 14% following the ETF announcement, but where will it go once approved? Litecoin, the cryptocurrency that emerged right after Bitcoin, is considered to be the most undervalued. While many believe it has lost its relevance, the price of LTC is showing strong growth. In 2023 and 2024, LTC's price was capped below 100 USD, but as the price consolidates above that threshold from the beginning of 2025, a new ATH seems to be approaching.
The weekly chart of LTC's price shows an upward trend preparing for strong action as the price stabilizes above the 200-day MA. Furthermore, the golden cross between the 50-day MA and the 200-day MA could push the price beyond the 205 USD threshold. The MACD, which was about to enter a bearish phase, has quickly turned towards an upward trend, restoring hopes for a bull market increase. Therefore, the price of Litecoin is expected to break out of its current consolidation, surpassing the important 150 USD level. The increase in trading volume suggests greater participation from investors, which could increase the volatility of the Token. The price, from the top 20, hopes to soon join the top 15 as bulls push the price beyond 300 USD. #LTC $BTC
The likelihood of the Solana spot ETF being approved
One of the key factors that helps Solana maintain its appeal is the potential for the U.S. Securities and Exchange Commission (SEC) to approve a spot ETF. According to the Polymarket platform, the probability of this event is as high as 74%, driven by an SEC Chairman who is favorable towards cryptocurrency. If this ETF is approved, the demand for $SOL from institutional investors will increase significantly, providing a strong impetus for prices. The development of protocols supporting the Solana network
Applications like Pump.fun – which simplify the creation and launch of new meme coins – are attracting significant interest. This not only expands Solana's ecosystem but also increases trading volume, indirectly pushing the price of $SOL higher.
The DeFi ecosystem on Solana is booming
With total assets reaching $8 billion, DeFi protocols on Solana like Jupiter, Jito, and Raydium are becoming attractive options for investors. These tools not only help optimize profits from holding $SOL but also reduce transaction costs, further enhancing the ecosystem's appeal.
Sei Network is a Layer-1 created specifically for DeFi with the aim of becoming the foundational platform for the financial system of the future. To achieve this, Sei Network applies the Twin-Turbo consensus mechanism and Parallel Order Execution to handle transaction throughput of up to 20,000 with transaction finality in just 500 milliseconds.
Additionally, Sei Labs - the development team of Sei Network is currently developing version V2 with the goal of testnet in Q1/2024 and mainnet in the first half of 2024. With EVM compatibility along with the notable feature of "parallelization", Sei Labs positions Sei Network to be the first parallel EVM Layer 1 blockchain when version V2 goes mainnet. #SeiV2 #SEİ $XRP
The price of Litecoin (LTC) is breaking out and could increase along a parabolic path to reach $300 in the first quarter of 2025. The price of LTC has risen 14% with the recognition of the ETF; where will the price go when approved?
Litecoin is considered one of the most undervalued tokens because it is the first cryptocurrency after Bitcoin, still in operation. During times when the token seems dead to many, the price of LTC has shown a strong bullish movement. The LTC price surge has been capped below $100 in 2023 and 2024, and now with the price consolidating in a range since the beginning of 2025, a new ATH seems imminent this year. Therefore, the price of Litecoin is believed to surpass the current consolidation and rise above the significant level of around $150. The increase in volume indicates a rise in trader participation, which could ultimately increase the token's volatility. Thus, the price, which has already been in the top 20, is soon expected to enter the top 15 as bulls prepare to push the price beyond $300.