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SEC decision deadline for Cardano and XRP ETFs elapsed this week.The US government shutdown enters its third week.A flood of crypto ETFs is expected in the next six to 12 months.Hopeful investors in crypto exchange-traded funds have seen their dreams of altcoin ETFs securing approval mired in Washington’s political gridlock.This week, the deadline for the Securities and Exchange Commission’s decision on three XRP ETFs and Grayscale’s Cardano ETF passed without any announcement from the SEC.The US Federal Government’s shutdown since October 1 has meant the SEC has been operating at reduced capacity, and ETF approvals are frozen for the time…
Regression model suggests a return to trend midline could lift Bitcoin to $175K, with the upper band targeting $300K. A prominent analyst is pushing back against growing fears that Bitcoin (BTC) is entering a prolonged downturn. The market technician is using historical price models to show that the current weakness is a typical pause within a larger upward trend, setting the stage for a future peak that could exceed $300,000. The Case for a Continued Bull Run In an October 24 post on X, EGRAG CRYPTO pointed to a linear regression model on a logarithmic scale, a tool used…
Cambria, the team behind the popular risk-to-earn game, “Cambria,” has officially launched its non-fungible token collection. This much-anticipated non-fungible token mint has just gone live on OpenSea, the leading non-fungible token marketplace by sales volume, a few hours ago. The Cambria Islands NFT collection has taken down prominent NFTs and become the most traded NFT in the global daily NFT market chart. Cambria Islands Tops Daily NFT Market Chart Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a non-fungible token explorer, tracking non-fungible token collections from more than 20 blockchain networks, indicates that Cambria Islands is the…
Dogecoin’s (DOGE) reputation as a meme coin often overshadows the sophisticated economic design built into its protocol. Despite an annual inflation rate of roughly 3.49%, analysts confirm that the steady increase in supply is intentional and not a bug. This built-in inflation mechanism is designed to promote long-term stability and sustainability, making it a “feature” that keeps the Dogecoin network thriving. Dogecoin’s Controlled Inflation Reinforces Stability Crypto market expert and DogeOS supporter Jimmy has presented a detailed technical analysis, shedding light on Dogecoin’s predictable and carefully structured inflation model. He referenced a former X social media post by SpaceX and…
Bitcoin continues to trade around the $110,000 level, unable to reclaim higher ground after weeks of volatile price action. The market is still digesting the impact of the October 10 flash crash, which erased billions in open interest and sent shockwaves across altcoins. Despite a gradual recovery in on-chain metrics and institutional inflows, sentiment remains fragile, with traders hesitant to take new long positions. Related Reading According to top analyst Axel Adler, the Bitcoin Heat Macro Phase — a key indicator used to measure speculative pressure and market overheating — has now entered the Bottom or Accumulation zone. This signals…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Crypto analyst CrediBULL Crypto has shared a confident view of Bitcoin’s current market setup, describing the ability to read high-timeframe (HTF) structures as a superpower. His comments came at a time when Bitcoin had experienced notable volatility, fluctuating between $106,000 and $111,000 in recent days. According to the analyst, those panicking over short-term dips are overlooking what is a very healthy long-term structure that still supports a bullish trajectory to new Bitcoin price highs. The Superpower Of Reading Market Structure CrediBULL Crypto explained that understanding HTF inflection…
Pumpfun continues to expand its presence in the memecoin trading stack and now challenges trading bots in what some investors are calling Pumpfun’s “Phase 2.”Memecoin launchpad pumpfun announced its newest acquisition today, closing a deal to add Padre, a multichain trading terminal, to its ecosystem.Padre is a memecoin trading terminal live on Solana, Base, Ethereum, and BNB Smart Chain, and looks to compete in the trading bot space, which is currently dominated by Axiom. Padre has a market share of around 5%, according to Dune Analytics.Trading Bot Market ShareThe acquisition marks pumpfun’s latest move towards controlling the entire memecoin trading…
Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration and commitment to staying up-to-date with the latest developments have…
Key Takeaways Hong Kong approves its first-ever Solana spot ETF, issued by ChinaAMC. It is the third crypto spot ETF in Hong Kong after Bitcoin and Ethereum. The Solana ETF will debut on Oct. 27 on the Hong Kong Stock Exchange. Hong Kong has approved its first spot Solana (SOL) exchange-traded fund (ETF), expanding its roster of regulated crypto investment products. The ETF, issued by China Asset Management Company (ChinaAMC), received formal clearance from the Securities and Futures Commission (SFC) earlier this week. This marks the third cryptocurrency spot ETF to receive SFC approval — following Bitcoin (BTC) and Ethereum…
Crypto exchange Gemini (GEMI) is still a waiting game, said Wall Street bank Citigroup.Led by analyst Peter Christiansen, the bank’s analyst team reiterated its neutral and high-risk call on GEMI, while trimming the price target to $23 from $26. GEMI is higher by 5.5% on Friday to $20.60.While Gemini’s marketing push has been impressive, particularly around the Gemini Card and its app downloads, said Christiansen, the impact on the exchange’s user base and engagement will likely take longer to materialize. Early data from October points to trading volumes that are only marginally above September and weaker than July or August,…
