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Coindoo
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Staking ETFs for Solana and Ethereum May Hit U.S. Market Sooner Than Expected
- Staking ETFs for Solana and Ethereum may soon be introduced to the U.S. market, following an announcement by Bloomberg ETF analyst James Seyffart.
- These ETFs are structured under the Investment Company Act of 1940 instead of requiring a separate rule change filing with the SEC, potentially expediting their launch.
- The launch date for these proposed funds is not confirmed yet, but they could debut in the coming weeks, offering U.S. investors regulated access to staking-based crypto yields.
- By using the '40 Act, REXShares aims to navigate regulatory challenges and cater to the increasing demand for yield-generating crypto exposure in traditional investment vehicles.
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Coindoo
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Palmer Luckey to Lead Funding Round for Stealth Stablecoin Startup Atticus
- Palmer Luckey will lead a funding round for the stealth stablecoin startup, Atticus, which is gaining traction among prominent investors.
- Atticus, founded by Owen Rapaport and Jacob Hirschman, is backed by Crypto venture firm Haun Ventures and aims for a valuation between $1.5 billion and $2 billion.
- The startup's focus is likely on compliance and institutional-grade infrastructure in the stablecoin sector, given the involvement of regulatory veterans and high-profile backers.
- Atticus is preparing for a significant entry into the stablecoin market as investor interest in compliant digital dollar alternatives grows amidst a maturing regulatory landscape.
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Bitcoinist
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Wave Structure Puts XRP Price In The $18.22-$23.20 Range In The Short Term
- XRP price may experience a surge towards the $18.22 to $23.20 range in the short term based on a new wave structure analysis.
- The analysis points out a potential rally inspired by historical patterns and technical frameworks, with a forecast of XRP reaching $23 by November 2025.
- A correction to $2.1 - $1.92 is expected before XRP enters Wave 3, aiming to peak around $11 by September, followed by Wave 4 with a potential dip to the $7 - $8 range.
- The emergence of a Golden Cross in XRP's MVRV ratio and the 200-day SMA signals a bullish sentiment shift and a possible major upward move ahead.
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Coindoo
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Memecoin Prices Surge, But Retail Interest Remains Low
- Search volume for the term 'memecoin' is currently low at 14 on the relative scale, indicating minimal retail interest despite surging prices.
- Google Trends data shows a significant drop in search volume from its peak of 100 in January 2025, signaling a disconnect between price increase and retail participation.
- The chart from Google Trends illustrates a decline in search interest for 'memecoin' despite recent price rebounds, suggesting that current price gains may be driven by speculative or institutional flows.
- The lack of rising retail interest during the current price surge raises concerns about the long-term sustainability of the rally, as it may rely more on short-term positioning than broader adoption or interest.
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TronWeekly
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Reform U.K. Launches Pro-Bitcoin Plan With Major Tax Changes
- Reform U.K. has proposed a bill to reduce capital gains tax on cryptocurrencies.
- The bill includes plans to create a national Bitcoin reserve fund.
- Reform U.K. wants tax payments to be allowed in Bitcoin, with options to convert or hold the funds.
- Reform U.K. releases a digital finance bill to promote Bitcoin adoption and cut capital gains tax on cryptocurrencies, aiming to attract global crypto businesses and increase tax revenue.
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Coindoo
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Uphold to Enable XRP Staking, Relaunches U.S. Crypto Card
- Uphold is testing XRP staking options via Flare Network, signaling a move towards DeFi integration.
- Flare Network's total value locked surged with the introduction of USDT0, a cross-chain version of Tether's USDT stablecoin.
- Uphold plans to relaunch its crypto debit card in the U.S., allowing users to spend digital assets directly from their Uphold wallets.
- The updates by Uphold aim to enhance its ecosystem offerings for XRP holders and the broader crypto community, blending yield generation with real-world utility.
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TronWeekly
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SUI Set for Major Rally? Key Breakout Zone Near $3.80 Gains Trader Attention
- SUI trading volume surges by 19.53% as price eyes potential breakout above $3.80 resistance.
- Technical setup signals ascending triangle formation, suggesting bullish momentum ahead.
- Analysts predict SUI may surpass $7.66 by year-end, with mixed views on 2025 targets.
- SUI's current price at $3.45 sees a decline of 6.28% in 24 hours, but trading volume rises by 19.53% to $1.28 billion.
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TronWeekly
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Tellor (TRB) Price Analysis: TRB Eyes $55 Resistance After Breakout
- Tellor (TRB) has gained over 61% in the past week, despite overall crypto market weakness.
- TRB's price is currently at $51.08, down 15.38% in the last 24 hours, with key support at $50 and resistance at $55.
- Technical indicators like RSI and MACD suggest momentum is cooling for TRB after a surge, indicating a possible short-term correction.
- TRB is facing resistance at $55 after showing strong bullish momentum, with focus on crucial support at $50 and potential for further rally.
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Newsbtc
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Bitcoin Will Soar, Altcoins Won’t—Charles Edwards Explains Why
- Capriole Investments CEO Charles Edwards predicts Bitcoin could reach $150-200K this year, citing positive trends in data and market indicators like Macro Index.
- Altcoins, however, face structural challenges as institutional focus on Bitcoin grows, leading to a centralized capital flow and weakening altcoin performance.
- Historical altcoin cycles driven by retail investors have dwindled, with fatigue in the altcoin space due to past failures like ICOs and broken tokenomics.
- Institutions favor regulated Bitcoin exposure over smaller-cap altcoins, creating an uneven playing field and driving capital primarily into Bitcoin.
- Edwards suggests that a potential altcoin revival is contingent on Bitcoin dominance and clear signals of market rotation, with only 5% of altcoins currently above their 200-day moving average.
- The evolution of Bitcoin supply dynamics, influenced by ETFs, corporate treasuries, and institutional players, challenges traditional halving cycles and miner-driven narratives.
- Edwards advises diversification within the portfolio, including exposure to quantum computing equities and monitoring the gold-to-equity ratio as a strategic indicator for investments.
- He highlights the importance of filtering out noise in the financial news cycle and focusing on key macro drivers that impact market movements, emphasizing favorable conditions for Bitcoin's growth.
- Edwards concludes that until altcoins exhibit significant breadth and breakthrough resistance levels, Bitcoin is poised to soar while altcoins lag behind in performance.
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TronWeekly
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$19M XRP on Binance in 24 Hours: Bullish Momentum?
- Binance recorded a net inflow of $19.05 million in XRP in just 24 hours, signaling increased bullish sentiment.
- XRP derivatives data shows a surge in trading volume by 68% to $6.75 billion, but a decrease in open interest and options volume suggests traders are focusing on short-term gains.
- XRP long/short ratio on Binance is at 3.43, indicating a bullish outlook, with significant liquidation of short positions in the past 24 hours.
- Exchange flow analysis indicates Binance had a much higher net inflow of XRP compared to Coinbase and Bitstamp, reflecting heightened activity and interest in XRP.
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Bitcoinsensus
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Why Is Crypto Down Today? Market Loses $186B In 24 Hours
- The cryptocurrency market lost $186 billion in a single day, with the total market capitalization dropping from $3.29 trillion to $3.21 trillion.
- Bitcoin is trading at $103,741, down nearly 2% in 24 hours, while altcoins experienced more significant losses collectively.
- Factors contributing to the drop include increased tensions between the U.S. and China, a large options expiration, anticipation of low rate cuts, and profit-taking by large holders.
- Altcoins like Solana, Ethereum, and XRP saw losses of around 6%, with meme coins like TRUMP and Pepe experiencing even larger declines of over 11%.
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Bitcoinist
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Altcoin Season Odds Grow Strong As Alts Break Free From Bitcoin’s Shadow
- Speculations within the crypto market are shifting towards a potential Altcoin Season (Altseason) in the ongoing bull cycle, as altcoins break free from Bitcoin's dominance.
- Key indicators suggest a weakening correlation between Bitcoin and altcoins, hinting at a forthcoming altseason where many altcoins may diverge from mirroring Bitcoin's price movements.
- Market experts like João Wedson point towards a unique season for alts, noting that these digital assets are becoming more independent and are likely to see notable gains in the near future.
- Analysts predict a significant altcoin season is on the horizon, backed by historical trends like RSI + MACD Confluence that previously led to a decline in BTC dominance and the rise of altseasons.
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TronWeekly
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Massive PEPE Whale Transfer Sparks 11% Crash—Is a Sell-Off Looming?
- PEPE Whale deposited 502.5 billion tokens worth $6.47 million to Binance.
- PEPE price dropped 11 percent in the last 24 hours to around $0.00001288.
- PEPE Whale activity led to renewed attention with a significant 11% drop in the last 24 hours, causing a drop in market cap by over $650 million.
- PEPE Whale, identified as address 0x3c9E, deposited a large amount on Binance, triggering concerns about a potential sell-off and impacting price behavior significantly.
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Bitcoinsensus
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SEC’s New Guidance Clears Path For Staking In The U.S.
- SEC's Division of Corporation Finance issued new guidance stating that certain proof-of-stake services are not considered securities transactions.
- The guidance marks a significant shift in the SEC's interpretation of staking activity and is seen as a major regulatory win.
- This change is a departure from former Chair Gary Gensler's stance, who previously viewed many forms of crypto staking as securities offerings.
- The updated guidance follows the introduction of the CLARITY Act, signaling a shift in how U.S. regulators approach decentralized technologies and offering clarity for staking services.
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Newsbtc
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Bullish Candle Formation Suggests The XRP Price Could Touch $22
- Crypto analyst Egrag Crypto predicts a bullish candle formation that could drive XRP price to $22 and potentially beyond, based on candle analysis.
- Egrag Crypto suggests Candle 13 on the yearly chart may push XRP price to $13 or $22, with a possibility of surging even higher, pointing to a target around $17.
- The analyst highlights Candle 12 as a strong Bullish Engulfing pattern and notes positive signs of XRP's potential rise based on candle formations.
- Another analyst, CasiTrades, mentions XRP's critical level at $2.25, emphasizing the importance of daily closes above this level for a bullish pivot, with $1.90 as the next major support.
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