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Crypto Daily Movers

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Total Articles: 160
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  • ETH Rally Sparks $96K Bitcoin Dip, $430M ETF Outflows, and SOL Faces 40% Correction Risk: Feb 18

    Ethereum’s brief 7% surge to $2,850 over the weekend ignited investor optimism before the market reversed, with Bitcoin slipping from over $97K to below $96K and ETF outflows hitting $430M. Meanwhile, altcoins face divergent pressures: XRP shows signs of a bullish recovery, while Solana is under severe technical strain amid memecoin scandals and a looming token unlock event.   Quick Take ETH rallied 7% to $2,850 before retracting most gains, signaling a potential market-wide dip as Bitcoin fell from above $97K to around $95,500. Crypto ETPs saw a record $430M in Bitcoin outflows last week, ending a 19-week inflow streak, while altcoin funds like XRP and SOL recorded modest inflows. Argentine President Javier Milei denies promoting the LIBRA token, despite a 94% market cap plunge and ensuing fraud lawsuits. Shares of HK Asia Holdings surged 93% after purchasing one Bitcoin at approximately $96,150. XRP is forming a bullish cup-and-handle pattern targeting a recovery above $3.00, whereas Solana’s price dropped 6.8% to around $178 amid short-futures pressure and potential unlock-induced selling. The global crypto market cap stands at $3.19T, reflecting a slight 0.19% drop over the last day, while total 24-hour market volume surged by 55.99% to $94.5B, with DeFi accounting for $6.96B (7.36% of volume) and stablecoins dominating at $86.82B (91.87%). Meanwhile, Bitcoin's market dominance edged up by 0.16% to 59.88%, and the Crypto Fear and Greed Index slipped to 47, indicating a neutral market sentiment, down from 51 yesterday.   Crypto Fear and Greed Index | Source: Alternative.me   Over the weekend, Ethereum (ETH) spurred a short-lived rally, climbing 7% to $2,850 in a brief surge that some traders view as a “catch-up” move. However, as broader market sentiment soured, Bitcoin tumbled from just above $97K to roughly $95,500, underscoring the volatility in an otherwise muted trading session influenced by the U.S. holiday.   Crypto ETF Exodus: $430M Outflows Amid Shifting Sentiment Crypto ETFs saw outflows last week | Source: Coinmarketcap   Last week marked the first major sell-off of the year for cryptocurrency exchange-traded products (ETPs), with Bitcoin ETPs alone experiencing $430M in outflows. This drastic shift ended a 19-week inflow streak, even as altcoin ETPs—tracking assets like Solana and XRP—saw modest inflows, hinting at a renewed wave of ETF filings and a potentially friendlier regulatory climate.   Read more: What Is an XRP ETF, and Is it Coming Soon?   XRP Eyes Bullish Turnaround: Technical Pattern Targets $3+ Recovery XRP/USDT price chart | Source: KuCoin   XRP’s four-hour chart is exhibiting a classic cup-and-handle formation—a bullish reversal pattern that traders closely watch as a signal for potential upward momentum. After suffering a dramatic 44% plunge that bottomed out near $1.76, XRP has rebounded with a 10% gain over the past week. Consolidation has now set in around the $2.75–$2.80 level, and with exchange outflows turning negative, selling pressure is easing.    Analysts suggest that a decisive close above this consolidation zone could pave the way for XRP to challenge the $3.00 resistance, with some projections even eyeing targets as high as $3.40, underpinned by bullish momentum divergence and increased trader confidence.   Solana Under Siege: 6.8% Drop to $178 asToken Unlock Looms SOL/USDT price chart | Source: KuCoin   Solana (SOL) is currently grappling with severe technical and market pressures, as evidenced by its 6.8% drop to roughly $178. Technical charts indicate the formation of a head-and-shoulders pattern; if SOL breaks below the critical support at approximately $180.50, the downside could extend to a target near $110—a potential decline exceeding 40% from current levels.    Solana open interest in futures market | Source: CoinGlass   Adding to the bearish outlook is an impending token unlock event, where over 11.2 million SOL tokens are set to be released soon, possibly injecting more than $7 billion into the circulating supply and amplifying selling pressure. The futures market further compounds these challenges, with a surge in open interest and negative funding rates reflecting aggressive short positions. Combined with ongoing memecoin scandals linked to the network, these factors suggest that SOL could continue to face significant headwinds in the near term.   Read more: What Is a Solana ETF, and How Does it Work?   Milei and LIBRA Controversy: 94% Market Cap Crash Sparks Fraud Suits Javier Milei’s tweet | Source: Cointelegraph   Amid a flurry of investor backlash, Argentine President Javier Milei has strongly denied allegations of promoting the LIBRA token. The token, which saw a dramatic 94% collapse in market cap within hours—a scandal now dubbed “Libragate”—has triggered multiple fraud lawsuits and deepened concerns about memecoin market manipulation.   Read more: From $4.56B Peak to 94% Crash: Milei’s LIBRA Endorsement Triggers $107M Insider Exit   HK Asia Holdings Soars: 93% Share Surge After 1-Bitcoin Purchase HK Asia Holdings’ share price | Source: Google   In a surprising market twist, Hong Kong-based HK Asia Holdings Limited saw its shares jump by nearly 93% in a single trading session after revealing the purchase of one Bitcoin for around $96,150. This move highlights growing institutional interest and signals a belief in Bitcoin as a “dependable store of value” amid global economic uncertainty.   Conclusion The crypto market is navigating a phase of intense volatility, marked by ephemeral rallies, staggering ETF outflows, and contrasting technical narratives across major assets. With Bitcoin testing critical support levels and altcoins like XRP and Solana facing divergent challenges—from promising technical recovery to severe market pressure—investors are bracing for continued uncertainty in the near term.   Read more: Pump.fun App Launch, TRUMP +40%, GameStop Soars on Bitcoin Rumors – Feb 17

  • Barclays Bank Buys $131M Stake in BlackRock Bitcoin ETF as Institutional Investment Surges

    Source: Investopedia   Introduction Institutional investors transform digital finance and major banks shift to crypto as they increase exposure to regulated digital assets. Barclays is a British universal bank, their businesses include consumer banking, as well as a top-tier, global corporate and investment banking. Barclays Bank acquired over 2.4M shares worth $131M in BlackRock’s iShares Bitcoin Trust on February 13, 2025. U.S. Bitcoin ETFs recorded $40.05B in inflows since January 2024. JPMorgan Chase boosted its Bitcoin ETF holdings by 69% to 5,242 shares while Goldman Sachs holds approximately $2.05B in crypto ETFs with $1.3B in BlackRock’s Bitcoin ETF and $300M in Fidelity’s ETF. Furthermore, these numbers signal a trend that builds market liquidity and credibility. Moreover, institutional backing drives regulatory clarity and mainstream adoption.   Quick Takes: Barclays Bank holds over 2.4M shares worth $131M in BlackRock’s iShares Bitcoin Trust. JPMorgan Chase increased its Bitcoin ETF holdings by 69% to 5,242 shares. Goldman Sachs holds approximately $2.05B in Bitcoin and Ethereum ETFs with $1.3B in BlackRock’s Bitcoin ETF and $300M in Fidelity’s ETF. Barclays Bank Makes a $131M Strategic Move Source: X   On February 13, 2025, Barclays Bank announced its investment in BlackRock’s Bitcoin ETF. The bank bought over 2.4M shares worth $131M during Q4 2024. An official 13F filing with the SEC confirmed the move. Furthermore, Barclays chooses a regulated product that tracks Bitcoin price movements without owning the asset. This decision gives the bank direct exposure to the leading digital asset.   Read more: BlackRock's Bitcoin ETF IBIT Gains $329M Amid Bitcoin Dip   BlackRock’s iShares Bitcoin Trust Explained BlackRock’s iShares Bitcoin Trust is a spot Bitcoin ETF that tracks Bitcoin price without the burden of storage. A Bitcoin ETF is an exchange-traded fund that tracks the price of Bitcoin and is traded on traditional stock exchanges. It allows investors to invest in Bitcoin without the complexities of handling the cryptocurrency directly. Learn more about the best Bitcoin ETFs and how to invest in them. Moreover, the ETF offers a secure regulated structure that cuts custody risks. This product allows investors to gain exposure to Bitcoin in a compliant framework. The design attracts institutional buyers who value efficiency and risk management.   Major Institutions Boost Crypto Holdings JPMorgan Chase increased its Bitcoin ETF holdings by 69% in the last quarter. The bank now holds 5,242 shares that grew from $595,326 to $964,322. Additionally, Goldman Sachs disclosed on February 11, 2025, that it holds approximately $2.05B in crypto ETFs. Of this, $1.3B is in BlackRock’s Bitcoin ETF while $300M is in Fidelity’s ETF. Furthermore, a tweet from a leading account stated "BIG BREAKING 🚨 MILLENNIUM MANAGEMENT DISCLOSES IT HOLDS $2B IN SPOT #BITCOIN ETFS IN NEW SEC FILING 👀🔥 pic.twitter.com/x0hJDehDLx". These figures show that major financial institutions are shifting their focus to digital assets.   Why does institutional interest in Bitcoin matter? Institutional investment fuels market growth and builds credibility. Large banks invest hundreds of millions and hold millions of shares. For example, Barclays Bank invested $131M and JPMorgan Chase increased its holdings by 69% to 5,242 shares. Moreover, U.S. Bitcoin ETFs have attracted $40.05B in inflows since January 2024. This capital infusion boosts liquidity and reduces volatility. Furthermore, institutional backing drives regulatory improvements and promotes mainstream adoption. In short, institutional interest makes Bitcoin a mature asset and paves the way for global financial integration.   Read more: What Is a Bitcoin ETF? Everything You Need to Know   Capital Inflows Fuel Crypto Growth U.S. Bitcoin ETFs have recorded $40.05B in inflows since January 2024 while spot Ethereum ETFs attracted $3.2B. Moreover, these massive capital flows signal growing investor confidence in regulated crypto products. Coinbase CEO Brian Armstrong projects that by 2030 up to 10% of global GDP may be crypto based. He envisions the United States as a leader in crypto adoption and cites recent policy shifts as a catalyst for growth.   Regulatory Environment and Market Excitement Source: X   Regulatory clarity improves investor confidence. A strong regulatory framework reassures institutions and cuts market anxiety. Additionally, market excitement runs high. At a Bitcoin Conference in Nashville on July 27, 2024, a speaker proclaimed "On day one I will fire Gary Gensler and…". This bold statement reflects the tension between regulators and market participants as institutions increase their crypto exposure.   Conclusion Institutional adoption marks a pivotal shift in global finance. Barclays Bank’s $131M stake in BlackRock’s Bitcoin ETF and the significant increases in holdings by JPMorgan Chase and Goldman Sachs underscore the growing trust in regulated digital assets. Moreover, U.S. Bitcoin ETFs recording $40.05B in new inflows and spot Ethereum ETFs attracting $3.2B confirm that capital is flowing into crypto products at unprecedented levels. Furthermore, technical data and robust market moves signal that this trend will drive innovation and stability. With a strong regulatory framework and strategic investments, the future of crypto appears resilient and transformative. In short, the institutional embrace of Bitcoin sets the stage for a new era in digital finance and global market integration.

  • Pump.fun App Launch, TRUMP +40%, GameStop Soars on Bitcoin Rumors – Feb 17

    As of February 16, 2025, Bitcoin is trading at approximately $96,370.25, reflecting a 0.28% increase over the past 24 hours. Ethereum is priced around $2,681.65, up 0.64% in the same period. MicroStrategy set new benchmarks with STRK on February 14, 2025, while Michael Saylor and President Nayib Bukele met to shape Bitcoin strategies. Pump.fun rolled out its mobile app on iOS and Android devices to power Solana memecoins. President Donald Trump saw his official coin “Official Trump” surge 40% in 24 hours. Furthermore, GameStop stock (GME) jumped after reports of Bitcoin investments and Strategy resumed Bitcoin buying with a $742.4M spree.     Crypto Fear & Greed Index | Source: Alternative.me    The Fear and Greed Index has increased to 51, indicating a neutral market sentiment. Bitcoin has remained below the $100,000 mark, experiencing limited whale accumulation and low volatility.   What’s Trending in the Crypto Community?  Microstrategy’s STRK Performance Sets New Records with $563.4M IPO funding. Pump.fun Mobile App Launches on iOS and Android. GameStop (GME) Stock Jumps on Bitcoin Investment Rumors. ai16z releases the ElizaOS Framework Roadmap. TikTok relaunches on US Apple and Google App Stores. Trending Tokens of the Day  Trading Pair  24H Change TRUMP/USDT +2.21% CAKE/USDT +6.76% LDO/USDT +4.71%   Trade now on KuCoin   Stable BTC 96K Price Consolidation Builds a Strong Base Source: X   Bitcoin is currently priced at $96,370.25 at the time of writing on February 16, 2025. Bitcoin consolidates in a tight range and stands firm. It holds above $96K with solid support after testing $100K. The price remains above the 200-day moving average near $80K. The 4-hour chart forms a symmetrical triangle that signals a buildup phase. Buyers push steadily and smart money accumulates. This stage sets the stage for a strong breakout.   On-Chain Data Shows Investor Confidence On-chain trends back Bitcoin's strength. Furthermore, the exchange reserve dropped sharply over recent weeks. Investors move coins off exchanges to hold long term. A slight uptick does not change the overall trend. Market participants show clear conviction and this price action paves the way for future gains and strengthens Bitcoin's outlook.   Read more: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption   Microstrategy’s STRK Performance Sets New Records with $563.4M Strategy’s STRK Performance. Source: X/Michael Saylor   MicroStrategy launched STRK on January 27, 2025 to raise capital for Bitcoin acquisitions. The IPO raised $563.4M. STRK surged to $100 at launch and then settled at $48 after two weeks. It increased 1.3% on day one and 8% in week one then climbed 17.6% by the end of week two. Trading volume soared to 7x the average of 115 US-listed preferred securities. Michael Saylor posted on X, "Strategy’s first IPO in 25+ years had record performance in its first 2 weeks. Compared to the 115 US-listed preferreds issued since 2022, $STRK ranks first in price performance, 19% higher than average, and first in trading volume, 7x the average." STRK outperformed its peers by nearly 19% in price performance and set a new benchmark for perpetual securities. This success reflects strong investor demand and marks a major comeback for MicroStrategy.   Saylor and Bukele Discuss Bitcoin Adoption Source: News.Bitcoin.com   On February 14, 2025, Michael Saylor and El Salvador President Nayib Bukele met at the presidential palace in El Salvador to discuss Bitcoin adoption. They examined how El Salvador could lead global Bitcoin expansion. Saylor said, "Bukele and I had a great discussion about the opportunities for El Salvador to benefit from and accelerate global Bitcoin adoption." Some speculated that MicroStrategy might relocate its headquarters to El Salvador but Strategy remains firmly rooted in the US. El Salvador holds 6,079 BTC and Strategy owns 478,740 BTC. This meeting shows a convergence of corporate strategy and national policy and may boost further institutional adoption of Bitcoin.   Pump.fun Mobile App Launches on iOS and Android Source: X   On February 14, 2025, Pump.fun launched its mobile app on iOS and Android. The Solana based token launchpad now lets users create and trade meme coins on the go. Users register with an email or Google login and a Solana wallet is automatically created using Privy infrastructure. Pump.fun users can create tokens for free and trade meme coins with minimal fees that cover platform costs. SensorTower data shows 50,000 downloads and an average rating below 2.5 stars out of 5. The mobile app builds on the web version and aims to increase user engagement. Pump.fun has launched over 7M tokens and generated nearly $500M in fees in the past year. The new mobile app follows an earlier release on October 15, 2024 that was not feature complete and promises more improvements soon.   Read more: What Is Pump.fun, and How to Create Your Memecoins on the Launchpad?   TRUMP Solana Memecoin Surges 40% Source: KuCoin   On February 14, 2025, President Donald Trump’s official Solana memecoin “Official Trump” surged 40% in 24 hours. The coin now trades near $23. It reached a high above $73 on January 19 2025 then dropped below $15 before its recent rise. XRP increased 13% to $2.79 and Dogecoin gained over 8% to nearly $0.28. Trading volume for TRUMP coin hit $5.5B in 24 hours. Tokens for projects like Jupiter rose 17% and Raydium gained 14%. The rapid surge shows how volatile meme coins can drive massive market moves and signals strong investor interest. SEC officials have noted that meme coins likely do not fall under SEC jurisdiction.   Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role?   GameStop Stock Jumps on Bitcoin Investment Rumors Source: Bloomberg   On February 14, 2025, GameStop stock jumped after market close following reports of potential Bitcoin investments. The stock soared from $26 to nearly $31 in after-hours trading. GameStop closed the regular session at $26.30 and later traded at $28.50. CNBC reported unnamed sources said GameStop is considering investments in Bitcoin and other cryptocurrencies. GameStop had launched an NFT marketplace in early 2022 before shutting it down in early 2024 due to regulatory uncertainty. The price jump shows that investors are eager to see traditional companies engage with the crypto market and may signal a broader trend among legacy firms.   Strategy Resumes Bitcoin Buying Source: saylortracker.com   On February 14, 2025, Strategy resumed its Bitcoin buying spree. The company spent $742.4M to purchase 7,633 BTC between February 3 2025 and February 9 2025. Strategy now holds over $46B in Bitcoin. The company began accumulating BTC in 2020 and spent $20B over a 12-week period before pausing. This renewed buying drive reinforces Strategy’s status as the largest corporate holder of Bitcoin. With 478,740 BTC in its treasury, Strategy sets a benchmark for other companies considering digital asset investments. Its consistent buying activity supports Bitcoin’s price and signals enduring institutional confidence.   Conclusion STRK set new records with a 19% outperformance and 7x trading volume compared to 115 peers. Saylor and Bukele met on February 14, 2025 to shape Bitcoin adoption strategies and bridge corporate and national visions. Pump.fun launched its mobile app on February 14, 2025 and now powers 50,000 downloads alongside a platform that has launched over 7M tokens and generated nearly $500M in fees. President Trump’s coin surged 40% in 24 hours on February 14, 2025 after a steep decline from a high above $73 on January 19, 2025. GameStop stock jumped on Bitcoin investment rumors on February 14, 2025 and now trades between $26 and $31. Finally, Strategy resumed buying Bitcoin with a $742.4M spree between February 3, 2025 and February 9, 2025 and now holds over $46B in BTC. These numbers and events show a volatile market defined by bold moves and high stakes. Investors must navigate a dynamic landscape where every move matters and clear figures set the stage for the future of digital finance.

  • Bitcoin at 96K, Coinbase Q4 Earnings Hit $2.3B, Ethereum Foundation Allots $120M, Gov. Waller Urges Bank Stablecoins: Feb 14

    As of February 13, 2025, Bitcoin is trading at approximately $96,721.8, reflecting a 0.06% increase over the past 24 hours. Ethereum is priced around $2,675, down 2.28% in the same period. The crypto industry is growing fast and evolving the digital finance landscape rapidly. On February 11, 2025, Coinbase reported record earnings of $2.3B. The Ethereum Foundation deployed $120M funds to boost DeFi. On February 12, 2025, US Federal Reserve Governor Christopher Waller called for a regulatory framework that lets banks issue stablecoins. These developments carry technical details and robust numbers that point to a new era in crypto, especially in the U.S. government and by extension, and might have an immense global impact on finance.    Crypto Fear & Greed Index | Source: Alternative.me    The Fear and Greed Index has decreased to 48, indicating a neutral market sentiment. Bitcoin has remained below the $100,000 mark for the 9th consecutive day, experiencing limited whale accumulation and low volatility.   What’s Trending in the Crypto Community?  A survey by Hashed Open Research revealed that 25% of South Koreans currently hold cryptocurrencies.   The Ethereum Foundation deposited 10,000 ETH each into Spark and Aave and announced the deployment of 45,000 ETH into protocols like Spark, with plans to explore staking in the future.   OpenSea is set to launch its SEA token.   Doodles announced the launch of its official DOOD token on Solana, with a total supply of 10 billion tokens.   Trending Tokens of the Day  Trading Pair  24H Change TRUMP/USDT +4.40% HYPE/USDT +3.7% XRP/USDT +3.46%   Trade now on KuCoin   Coinbase’s $2.3B Revenue in Q4 2024: Ushering a New Era in Crypto for the U.S. Source: CoinBase   On February 11, 2025, Coinbase reported Q4 net income of $579M and revenue of $2.3B. This revenue beat estimates by $430M and climbed from $1.13B in the previous quarter. Transaction revenue jumped to $1.6B from $529M in the same quarter last year. Full-year revenue reached $6.6B which more than doubled the $3.1B recorded in 2023. Coinbase ended Q4 with $9.3B in USD resources compared to $8.2B before. Furthermore, stablecoin revenue came in at $226M while the prior quarter had $247M.    Stablecoins Total Market Cap. Source: DefiLlama   Coinbase shares increased 16% in 2025 and climbed 112% over the past year. In its annual shareholder letter the firm declared "It’s the dawn of a new era for crypto. Crypto’s voice was heard loud and clear in the US elections and the era of regulation via enforcement is on its way out."    The company added that the Trump Administration is moving fast to make the US the crypto capital of the planet and that global leaders now invest more in crypto.    Faryar Shirzad the chief policy officer at Coinbase stated "For the last several years US bank regulators have unilaterally and undemocratically barred banks from offering crypto services. This needs to end."   Read more: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption   Ethereum Foundation Boosts DeFi with $120M Allocation Source: Ethereum Foundation   On February 13, 2025 the Ethereum Foundation allocated 45K ETH to decentralized finance protocols. It deposited 4.2K ETH into Compound, allocated 10K ETH into Spark and deployed 30.8K ETH into Aave. With ETH trading at $2.6K each the total value reached $120.4M. The allocation to Aave equals about $82.4M.    Aave CEO Stani Kulechov said "DeFi will win" to underline his strong belief in decentralized finance. He added that this move is a clear signal of confidence in the future of DeFi and may reduce the need for the foundation to sell ETH to cover operating expenses. Community members celebrated the allocation and noted that it further cements DeFi as a cornerstone of the crypto ecosystem.   Fed Governor Waller Calls for Bank Issued Stablecoins Christopher Waller speaking on the future of payments at the Atlantic Council. Source: YouTube   On February 12, 2025, US Federal Reserve Governor Christopher Waller urged a new regulatory framework that permits banks to issue stablecoins. He spoke in San Francisco at a payments conference. Waller said "Stablecoins are an important innovation for the crypto ecosystem with the potential to improve retail and cross border payments."    He emphasized that the stablecoin space has matured and needs clear rules that address risks while allowing banks and nonbanks to offer stablecoins. He pointed to the Terraform Labs stablecoin collapse in 2022 which wiped out billions in the crypto market as a cautionary tale. Waller stressed that clear guidelines will help reduce systemic risks and build confidence in digital finance. His call for reform comes as industry experts push to end outdated restrictions. Faryar Shirzad from Coinbase added in earlier remarks "This needs to end" as he urged regulators to stop blocking banks from offering crypto services.   Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role?   Conclusion These developments mark a turning point in digital finance. Coinbase earnings show robust growth with Q4 revenue of $2.3B and full-year revenue of $6.6B. The Ethereum Foundation reinforces its commitment to DeFi with a $120M allocation that deploys 45K ETH across protocols like Compound Spark and Aave. US Federal Reserve Governor Waller calls for bank issued stablecoins to improve payment systems and bring regulatory clarity. Investors and regulators now watch these moves closely as they shape a future defined by rapid innovation and evolving financial systems.

  • Goldman Sachs Increases Ethereum ETF Holdings by 2,000%: What This Means for Bulls and Bears

    Source: Benefits Canada   Introduction Goldman Sachs is making a bold move into crypto. In Q4 2024, the bank increased its Ethereum ETF holdings from 6K to 130K shares, a 2,000% surge. At the same time it boosted its Bitcoin ETF investments to $1.5B. This expansion is not random. It signals a shift in institutional strategy. Crypto is no longer a niche market as it’s becoming a core asset class.   Furthermore, institutions are moving fast. The SEC’s approval of spot Bitcoin ETFs has removed key obstacles. Regulatory clarity makes crypto ETFs more attractive. Banks, hedge funds and asset managers are stepping in. Bitcoin and Ethereum are no longer speculative plays as they are now a core part of institutional portfolios.   Moreover, more institutional capital means deeper liquidity. It reduces volatility and strengthens price support. If this trend continues crypto markets will become more stable. Bitcoin and Ethereum will see increased demand. Long-term adoption will accelerate.   Quick Takes Goldman Sachs raised its Ethereum ETF holdings from 6K to 130K shares a 2,000% increase in Q4 2024 Bitcoin ETF investments reached $1.5B confirming its dominance as the top institutional crypto asset Institutional inflows into crypto ETFs could push total market capitalization beyond $5T in the next decade Goldman Sachs Expands Ethereum ETF Holdings Goldman reported in Q4 that it owned $234.7 million worth of Fidelity’s Ether ETF. Source: SEC   Goldman Sachs made its biggest move into Ethereum yet. In just three months it expanded its Ethereum ETF holdings from 6K to 130K shares. This rapid increase is a clear signal. The bank is treating Ethereum as a long-term asset not a speculative bet.   The bank focused on the Grayscale Ethereum Trust or ETHE. This ETF provides exposure to Ethereum without requiring direct ownership. Institutions favor ETFs for their liquidity security and regulatory compliance. Furthermore Goldman Sachs’ 2,000% increase in holdings shows growing confidence in Ethereum’s future.   Ethereum’s smart contract network is a major driver. The ecosystem supports DeFi tokenized assets and NFT markets. The Ethereum network processed over $4T in transactions in 2023 alone. Institutional investors see its growing role in financial markets. Adoption is rising. Long-term potential is clear.   Katalin Tischhauser, head of investment research at crypto bank Sygnum says this on crypto ETFs:   “A lot of huge investors, like sovereign wealth funds and pension funds, are poised to invest in ETFs, crypto will eventually become a part of model portfolios, with products tailored to different risk profiles.”   Goldman Sachs Expands Bitcoin ETF Holdings Biggest BTC ETF position changes in Q2 2024. Source: CoinShares   Bitcoin remains the dominant digital asset. Goldman Sachs now holds $1.5B in Bitcoin ETFs. This reinforces Bitcoin’s role as the primary institutional crypto investment.   Moreover the bank’s preferred choice is the Grayscale Bitcoin Trust or GBTC. Institutional capital is pouring into GBTC. The fund now holds over 600K BTC worth $40B. Demand continues to rise.   The SEC’s approval of spot Bitcoin ETFs in early 2024 changed the game. Institutions were hesitant due to regulatory uncertainty. Spot ETFs solved this problem. They provide a safe, simple way to gain Bitcoin exposure.   Bitcoin’s market cap now stands at $1.9T. It remains the most liquid and widely held crypto asset. Over 80% of institutional crypto investments are in Bitcoin. Its scarcity with a fixed supply of 21M BTC makes it attractive as digital gold.   Read more: What Is a Bitcoin ETF? Everything You Need to Know   Why Institutions Are Buying Crypto ETFs Institutions are not speculating as they are making calculated decisions on investing their efforts in new crypto ETFs. Several factors are driving this shift into crypto ETFs. First, regulatory clarity has arrived as the SEC’s approval of Bitcoin ETFs removed uncertainty. More regulated products are coming. Ethereum ETFs could be next. Second, client demand is increasing. Hedge funds, pension funds and asset managers need exposure to Bitcoin and Ethereum. Investors are asking for it. Banks must provide it or lose business. Furthermore, Bitcoin’s performance speaks for itself. Bitcoin has gained 500% in the last five years. Ethereum has surged over 700%. Traditional assets cannot match these returns. Institutions see the long-term trend. They are positioning accordingly.   Institutional Capital Strengthens Market Stability Institutions invest differently than retail traders as they do not chase short-term gains. They build long-term positions. Their entry brings market stability and authority to a once niche space. Crypto has been volatile because retail traders dominated. Institutional capital changes this. It adds liquidity, reduces price swings and reinforces price floors. Moreover, Goldman Sachs’ move into Ethereum ETFs is a trigger. When one major bank increases exposure others follow. More institutions will enter and capital inflows will rise. Bitcoin and Ethereum are no longer separate from traditional finance. They are integrating into global markets. More institutional participation means stronger long-term price action.   Read more: Bitcoin to $200K: Bernstein’s Prediction, MicroStrategy Buys $4.6 billion BTC, Goldman Sachs to Launch New Crypto Platform and More: Nov 19   Impact on Bulls and Bears Institutional buying is reshaping bull and bear markets. More capital means deeper liquidity, stronger support and reduced volatility. In a bull market, institutional inflows fuel price surges. More demand pushes Bitcoin and Ethereum higher. If large institutions allocate even 1% of their portfolios to crypto, total market capitalization could surpass $5T. Bitcoin could break $100K. Ethereum could push past $10K. Furthermore, in a bear market institutions act as stabilizers. They do not panic sell. They hold through downturns. This reduces volatility and prevents massive crashes. Institutional adoption makes extended bear markets less likely.   Conclusion: Institutions Are Taking Over Goldman Sachs’ 2,000% jump in Ethereum ETF holdings and $1.5B investment in Bitcoin ETFs prove that crypto is now an institutional asset. Banks, hedge funds and asset managers are moving in. Moreover, institutional capital changes everything. It brings stability, liquidity and long-term support. More financial firms will follow. Inflows into crypto ETFs could exceed $100B by 2030. Bitcoin and Ethereum are no longer speculative experiments. They are financial instruments with real weight. As institutions expand their holdings crypto’s place in global finance is set. The market is changing and the future is here.

  • Cathie Wood: BTC Price Could Reach $1.5M By 2030, WLFI Introduces ‘Macro Strategy’, Powell Says Banks Can Offer Crypto: Feb 13

    As of February 13, 2025, Bitcoin is trading at approximately $97,527, reflecting a 2.06% increase over the past 24 hours. Ethereum is priced around $2,739.53, up 5.57% in the same period.    Crypto Fear & Greed Index | Source: Alternative.me    The Fear and Greed Index has risen to 50, indicating a neutral market sentiment. Bitcoin has remained below the $100,000 mark for the eighth consecutive day, experiencing limited whale accumulation and low volatility. Investors are monitoring key technical levels, with Bitcoin needing to reclaim $97,700 to regain momentum. Failure to hold support at $96,700 could lead to a decline toward $91,200.   Despite short-term challenges, long-term institutional interest in Bitcoin continues to grow. Cathie Wood, CEO of ARK Invest, predicts that Bitcoin could reach $1.5 million by 2030, citing increasing adoption among hedge funds and asset managers.   What’s Trending in the Crypto Community?  Polymarket prediction: 41% chance that the U.S. will establish a national Bitcoin reserve by 2025. Cathie Wood: BTC Price Could Reach $1.5M By 2030 WLFI introduced a strategic token reserve, “Macro Strategy,” supporting Bitcoin, Ethereum, and other crypto assets. Federal Reserve’s Jerome Powell Confirms U.S. Banks Can Offer Crypto Services Trending Tokens of the Day  Trading Pair  24H Change CAKE/USDT +39.7% LDO/USDT +13.31% JTO/USDT +16.36%   Trade now on KuCoin   Bitcoin Struggles to Break $100K BTC Price Analysis. Source: TradingView.   Bitcoin has spent 8 days below $100K, at the time of writing BTC price is $97,631.93. Market cap holds at $1.9T. Trading volume fluctuates between $30B and $40B daily. Volatility remains low, and investors are closely monitoring key resistance levels for a potential breakout.   Whales have not stepped in to drive prices higher. Currently, addresses holding 1K+ BTC stand at 2,050. This number dropped to a 1-year low of 2,034 on January 29 before rebounding slightly. The lack of strong accumulation signals hesitation among large investors, which has contributed to Bitcoin’s weak momentum.   For BTC to push toward $100.2K, it must first reclaim $97.7K. However, if Bitcoin fails to hold $96.7K, it risks dropping to $91.2K. The current range remains tight, and momentum is weak. Without strong institutional support, Bitcoin may struggle to break out in the near term.   Ichimoku Cloud Signals Market Indecision BTC Ichimoku Cloud. Source: TradingView.   BTC hovers near the Ichimoku Cloud, showing no clear trend. The Kijun-sen (red line) and Tenkan-sen (blue line) remain close together, indicating weak momentum and a potential consolidation phase.   The cloud remains thin, meaning both resistance and support levels are weak. Recently, BTC dropped below the cloud, a move typically considered bearish. However, the forward-looking cloud remains neutral, failing to provide a clear directional signal. Furthermore, the Senkou Span A (green) and Senkou Span B (red) remain flat, reinforcing market uncertainty.   In addition, the Chikou Span (green line) hovers near price action, confirming indecision among traders. Low volatility continues to prevent a clear breakout. For BTC to establish a strong trend, the cloud must expand significantly. Until then, bulls and bears remain locked in a battle for control.   BTC Whale Accumulation Remains Weak Number of addresses holding at least 1,000 BTC. Source: Glassnode.   Addresses holding at least 1K BTC dropped to 2,034 on January 29, marking a yearly low. Although whale addresses rebounded to 2,043 by February 6, they quickly dropped again. As of now, the number has only slightly recovered to 2,050, remaining far below previous highs. Whales play a crucial role in market liquidity and stability. A decline in whale addresses signals weak accumulation, which reduces Bitcoin’s ability to maintain strong price support. Furthermore, fewer large investors buying BTC leads to decreased market depth, making price action more vulnerable to short-term traders.   If whale activity increases, BTC could gain stronger support at current levels. A move back above 2,100 whale addresses would signal renewed confidence among large investors and could help push Bitcoin higher. However, if whale accumulation remains stagnant, BTC will likely continue facing resistance at $97.7K, and the risk of a drop to $91.2K will increase in the coming weeks.   BTC Price Outlook: Can Bitcoin Reclaim $100K? BTC’s Exponential Moving Averages (EMAs) remain bearish, with short-term EMAs sitting below long-term EMAs. This alignment suggests that downward pressure remains strong, and BTC will need a significant breakout to shift market sentiment.   Bitcoin is currently trading near $96.7K, a critical support level. If BTC drops below this threshold, it could test $91.2K, which would likely trigger further selling pressure. In contrast, bulls must defend this level to prevent an extended downturn.   If BTC successfully clears $97.7K, the next key target is $100.2K. A strong breakout above $100.2K could push BTC toward $102.7K, followed by $106.3K. However, without increased buying pressure, BTC risks continued consolidation below $100K, delaying any meaningful recovery.   Read more: Crypto Market Rebounds as Trump Delays Tariffs on Canada and Mexico   Bitcoin Price Could Reach $1.5M By 2030 Says Cathie Wood Bitcoin price targets 2030. Source: ARK Invest   Bitcoin has remained below $100K since February 4, with global trade tensions and macroeconomic concerns affecting market sentiment. Despite this, ARK Invest CEO Cathie Wood believes Bitcoin could hit $1.5M by 2030.   According to Wood, institutional interest in BTC has increased significantly. ARK Invest’s projection assumes a 58% CAGR over the next 5 years, driven by growing adoption among hedge funds, pension funds, and asset managers. Furthermore, as institutions continue to seek alternative stores of value, BTC’s appeal as a portfolio hedge strengthens.   For Bitcoin to reach $1.5M, its market cap would need to expand to $30T. Currently, Bitcoin’s market cap sits at $1.9T, meaning this would require a 1,500% increase. Institutions entering the market would need to absorb millions of BTC over the next 5 years, a shift that could significantly impact supply and demand dynamics.   WLFI Introduces ‘Macro Strategy’ To Bridge Traditional And Decentralized Finance Source: X   World Liberty Financial (WLFI) decentralized finance (DeFi) project has launched its Macro Strategy, a reserve aimed at strengthening WLFI’s financial position while supporting new investments.   WLFI initially reached its $300M token sale target but later extended the sale, adding 5B tokens at $0.05 each. This move raised an additional $250M, bringing total fundraising to $550M. Furthermore, the additional capital will support new DeFi initiatives and liquidity reserves.   The project also plans to bridge traditional and decentralized finance by establishing strategic partnerships with banks, hedge funds, and investment firms. This integration could improve mainstream adoption of DeFi technologies.   WLFI concluded:   “This initiative is more than just a strategic move; it is a testament to our unwavering dedication to innovation, collaboration, and the empowerment of our community. Together, we are building a legacy that bridges the worlds of traditional and decentralized finance, setting new standards for the industry.”   Read more: What Is Altcoin Season (Altseason), and How to Trade Altcoins?   Federal Reserve Confirms Banks Can Offer Crypto Services Federal Reserve Chairman Jerome Powell confirmed that banks can offer crypto services without regulatory interference. During a recent House committee hearing, he emphasized that the Fed has no intention of restricting legally compliant crypto activities.   Powell also noted that Fed-regulated banks already engage in crypto operations. Furthermore, the Fed ensures that banks understand crypto risks but does not seek to block financial institutions from offering digital asset services.   Powell addressed concerns about the Silicon Valley Bank (SVB) and Signature Bank failures in 2023. While both banks had crypto exposure, he clarified that their failures were primarily due to poor risk management and long-term treasury losses. Regulators have increased scrutiny on mid-sized banks to prevent similar collapses. However, Powell reaffirmed that crypto itself was not the primary cause of these failures, indicating that digital assets are not inherently destabilizing to the financial system.    At a House monetary policy committee hearing on February 12, Powell urged banks and the Fed to be "mindful" that crypto activities can be managed within financial institutions. He cited custody as one example and warned banks against overextending their offerings. He added:   “In fact, in Fed-regulated banks, there are a lot of crypto activities happening now. They just happen under a framework we [the Fed] made sure the bank understood, and we understood, exactly what they are doing.”   Read more: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption   Conclusion Bitcoin remains locked below $100K as weak whale accumulation and low volatility continue to limit price movement. To break out, BTC needs to reclaim $97.7K and sustain momentum above $100.2K. Institutional adoption continues to grow, with ARK Invest predicting BTC could reach $1.5M by 2030. If financial institutions allocate just 1% of their $100T+ in assets, Bitcoin could surge past $500K. WLFI has expanded its $550M reserve, while the Fed has confirmed banks can legally engage with crypto, further supporting long-term adoption. If institutional interest accelerates, Bitcoin could reach new all-time highs before 2030.

  • SEC Likely to Approve Litecoin (LTC) ETF With 90% Chance

    The US Securities and Exchange Commission nears a decision on a spot Litecoin ETF. Bloomberg ETF analysts James Seyffart and Eric Balchunas assign a 90% chance for approval for Litecoin ETF later this year 2025. This prospect outshines other crypto ETF proposals such as XRP at 65%, Solana at 70%, and Dogecoin at 75%. Investor interest grows as digital assets capture more attention and funds and the market eagerly awaits further developments as fund inflows continue to climb.   List of candidate crypto ETFs vying for SEC approval. Source: James Seyffart   Quick Takes Litecoin ETF holds a 90% approval chance while XRP sits at 65%, Solana at 70%, and DOGE at 75% according to Bloomberg ETF analysts. Bloomberg ETF analysts say that the SEC acknowledged Litecoin regulatory filings and now likely views Litecoin as a commodity. The crypto ETF surge in 2025: the spot Bitcoin ETF received $40.7B in inflows and the Ether ETF received $3.18B. Companies may launch a Litecoin ETF with as little as $50M. Read more: Litecoin (LTC) Price Rallies 12% as Canary Litecoin ETF Filing Gains SEC Recognition   What Is Litecoin (LTC) and Why Is the Token Important in Crypto? Source: KuCoin   Litecoin (LTC) launched in 2011 as a faster alternative to Bitcoin. It processes blocks every 2.5 minutes and uses a proof-of-work system similar to Bitcoin's. Today, Litecoin trades at $130.13 and has a capped supply of 84M LTC. Its design targets faster transactions and lower fees compared to Bitcoin which currently trades at $98,258. Litecoin serves as a testing ground for new innovations in digital payments and blockchain technology. The token's technical attributes and established filing process strengthen its appeal to both regulators and investors. As a result, LTC plays a key role in the digital asset ecosystem.   Read more: How to Mine Litecoins: The Ultimate Guide to Litecoin Mining   Litecoin ETF Approval Outlook Bloomberg ETF analysts see a clear path for the Litecoin ETF. They expect the US regulator to approve a spot Litecoin ETF before the end of the year. Filing forms S-1 and 19b-4 have already been submitted and acknowledged by the SEC. This progress signals that the regulator views Litecoin as a commodity. As a result, Litecoin gains an advantage over other crypto ETFs and positions itself strongly for a 2025 launch.   More Market Demand and Inflows Investor demand for crypto ETFs grows as market dynamics evolve. The spot Bitcoin ETF received $40.7B in net inflows and the Ether ETF received $3.18B. These impressive figures show that investors seek exposure to digital assets. In addition, analysts believe that a Litecoin ETF need not generate massive flows to be successful. Fund companies can launch the ETF with as little as $50M. Seyffart explained that hitting high flows is not a prerequisite for success from an issuer perspective:   “You will probably see a long tail of ETFs holding digital assets in the long run and the ones that don't garner interest or flows will simply liquidate.”   Grayscale Expands Litecoin Holdings to 2.1M in January 2025 Grayscale’s LTC holdings over the past year. Source: CoinGlass   As speculation over a Litecoin ETF approval grows, major institutional investors have been increasing their exposure to LTC. Grayscale has aggressively expanded its Litecoin holdings, growing from 1.4 million LTC in February 2024 to over 2.1 million LTC by January 2025. This accumulation suggests heightened institutional confidence in Litecoin’s long-term value.   Meanwhile, asset manager Monochrome has submitted an application for a Litecoin ETF (LTCC) in Australia, which, if approved, would provide regulated access to Litecoin for Australian investors. This development highlights growing global demand for regulated Litecoin investment products.   Approval Timeline and Future Proposals   The SEC decision process is active and evolving. Analysts predict that the Litecoin ETF may launch soon based on its advanced filing process. Additional filings have been submitted for candidate crypto ETFs such as Hedera and Polkadot. Hedera trades at $0.2427 while Polkadot trades at $5.17. This trend suggests that more ETF proposals will soon hit the market. Seyffart noted that issuers plan to experiment with many offerings to see which ones succeed. He remarked, "Issuers will try to launch many many different things and see what sticks." He further added that a long tail of ETFs will eventually emerge as unsuccessful products simply liquidate.   Regulatory Challenges for XRP and Solana Source: James Seyffart   Regulatory challenges remain for the XRP and Solana ETFs. The XRP ETF faces delays until the SEC lawsuit against Ripple is fully resolved. In one ruling, XRP was not deemed a security on secondary markets. However, the SEC appealed the decision and claimed that Ripple breached securities laws when selling XRP to retail investors. Ripple now hopes that acting chair Mark Uyeda will withdraw the enforcement case. Meanwhile, Solana trades at $204.49 and its security status must be resolved before the SEC can review it under a commodities ETF wrapper. These challenges highlight the varying paths different crypto ETFs must navigate.   Conclusion The outlook for a Litecoin ETF remains very strong. Bloomberg ETF analysts assign a 90% chance of approval as the SEC moves forward with its decision process. The advanced filing process and robust market inflows support this optimism. As more ETF proposals enter the market, investors will watch the space closely. The evolving crypto landscape presents clear opportunities for those seeking exposure to digital assets. This dynamic environment promises new ways for investors to participate in the future of finance.

  • SEC Paves the Way for Crypto ETFs: Solana and Cardano in the Spotlight

    The SEC reviews multiple crypto ETF proposals that could reshape digital asset investing on Wall Street. The regulator now invites public comment on 4 Solana ETF proposals filed on Tuesday, February 4, 2025. Grayscale submitted its Solana ETF application on Monday, January 28, 2025 and also filed a Cardano ETF proposal on Monday, February 10, 2025. These moves follow the SEC approval of a Bitcoin ETF on Wednesday, January 10, 2024 and signal a major policy shift. This shift opens the door for regulated digital asset funds that may see inflows of $100M or more. The proposals target tokens with high utility and clear market value such as Solana and Cardano. The SEC now tests a new framework for crypto products that could lower costs and provide transparency for retail and institutional investors alike. Fund issuers rush to seize crypto opportunities. Furthermore, a regulatory giant like the SEC approving more crypto ETFs may reshape crypto investing on Wall Street and also finance in the U.S. and globally as crypto becomes more widely accepted.   Quick Takes 4 Solana ETF proposals were submitted on Tuesday, February 4, 2025 Grayscale submitted its Solana ETF application on Monday, January 28, 2025 Grayscale filed its Cardano ETF proposal on Monday, February 10, 2025 triggering a 21-day review period What Are Crypto ETFs and Why Are They Important? Crypto ETFs are exchange traded funds that track digital assets or baskets of cryptocurrencies. An Exchange-Traded Fund (ETF) is a type of investment fund traded on stock exchanges, like stocks. It combines the diversification of mutual funds with the lower costs, liquidity, and tax efficiency of stocks. The first ETF appeared in Canada in 1990, and the concept expanded to the U.S. in 1993 with the SPDR S&P 500 ETF. Gold ETFs, such as the SPDR Gold Shares launched in 2004, offer accessible gold investment and can influence gold prices. Similarly, introducing a Bitcoin ETF could significantly impact the cryptocurrency market by enhancing accessibility, liquidity, and investor interest.   BTC vs. Gold price performance overtime. Source: NewHedge   ETFs let investors access crypto markets through traditional stock exchanges. Crypto ETFs offer regulated exposure to digital assets and lower costs. They simplify portfolio integration and provide liquidity and transparency. Retail and institutional investors gain access to diversified crypto assets with less complexity. This new investment vehicle may attract significant capital and spur further innovation in the crypto market.   Gold saw record demand in 2024. Source: World Gold Council     Read more: What Is a Bitcoin ETF? Everything You Need to Know   Why a Solana ETF? Source: KuCoin   Solana (SOL) has emerged as a standout performer in 2024, gaining recognition for its scalability, low transaction costs, and high-speed performance. Often referred to as an “Ethereum killer,” Solana has rapidly expanded its ecosystem over the past year, encompassing a thriving decentralized finance (DeFi) sector, booming NFT projects, and a growing memecoin market.    A Solana ETF is a proposed investment fund designed to track the performance of Solana’s native cryptocurrency, SOL. It would let you invest in SOL through traditional brokerage accounts, removing the technical complexities of managing crypto wallets and private keys. By buying shares of a Solana ETF, you gain exposure to Solana’s price movements in a secure and regulated manner.   Read More: What is a Solana ETF and How does it work?    SEC Weighs 4 New Solana ETF Applications The SEC now reviews 4 Solana ETF proposals. Canary Capital launched its Solana Trust on Tuesday, February 4, 2025. VanEck filed its application on Tuesday, February 4, 2025. 21Shares and Bitwise joined the filing on Tuesday, February 4, 2025. The regulator opens a 21-day public comment period on these proposals. This process tests a new approach to crypto funds and signals a willingness to explore innovative investment vehicles.   "The SEC has done a big about-turn on the Solana ETF—from refusing to even entertain such an investment product to acknowledging Grayscale's amended SOL ETF application," Chris Chung, founder of Solana swap platform Titan   Read more: What Is a Solana ETF, and How Does It Work?   Grayscale Moves for a Cardano ETF Source: KuCoin   Grayscale seeks a Cardano ETF on the NYSE. NYSE Arca submitted a 19b-4 form on Monday, February 10, 2025 on behalf of Grayscale. Cardano ranks as the 9th largest cryptocurrency by market capitalization. Its price reached $0.748 on Monday, February 10, 2025 after the news broke. The filing triggers a 21-day review period during which the SEC must decide on the proposal by Monday, March 3, 2025. This move builds on additional filings for XRP and Dogecoin funds and expands the crypto ETF landscape.   Read more: Grayscale’s Cardano ETF Sparks 15% Surge: A Bullish Signal for ADA   Crypto ETF Policy Shift The SEC signals a shift in crypto ETF policy. Under former SEC Chair Gary Gensler the agency approved only Bitcoin and Ethereum ETFs. Today, asset managers pursue ETFs for XRP Litecoin Dogecoin and Solana. The regulator acknowledged a spot Solana ETF application on Thursday, February 6, 2025. This action may alter the framework for crypto products. The new U.S. administration supports these changes with a dedicated crypto task force led by Commissioner Hester Peirce. Next the SEC will evaluate each proposal with rigorous scrutiny and technical precision.   Industry Impact and Expert Views Industry experts predict a surge of crypto ETFs this year. Chris Chung of Titan said the SEC has done a big about-turn on the Solana ETF. He compared this moment to Wednesday, January 10, 2024 when the SEC approved a Bitcoin ETF. Steven McClurg of Canary Capital said his firm targets tokens with clear utility. His firm favors Solana, XRP, Litecoin and HBAR. They avoid meme coins such as Dogecoin. However, previous comments from Canary Capital CEO Steven McClurg reveal a more nuanced strategy behind his company's ETF pursuits.   "It's like, 'Hey, well, if we're doing these other ones, we might as well jump in and get in on the action if something happens,” McClurg speaking about his company's SOL ETF filing.   Experts believe that approval of a Solana ETF may position Solana as the blockchain for mass adoption. The market now watches closely for further developments and investor interest.   Conclusion The SEC review marks a turning point for crypto investing on Wall Street and finance globally. Crypto ETFs play a significant role in the financial landscape. They offer a more streamlined and secure way for investors to access the cryptocurrency market, which is particularly important given the market's volatility and the evolving regulatory environment. The regulator giant SEC invites public comment on 4 Solana ETF proposals filed on Tuesday, February 4, 2025. Grayscale submitted its Solana ETF application on Monday, January 28, 2025. Grayscale also filed its Cardano ETF proposal on Monday, February 10, 2025. Experts predict a wave of crypto ETFs beyond Bitcoin and Ethereum. Approval of these funds may spur mass adoption of digital assets and unlock new investment opportunities. The coming weeks will reveal the impact of these decisions on the market.

  • Hyperliquid (HYPE) 2025 Airdrop: What Is Hyperliquid and How to Maximize Your Chance of Rewards?

    Quick Takes Explosive Growth: Hyperliquid processes over 10,000 trades daily and has grown its user base to over 90,000 active users. Massive Volume: The platform boasts daily trading volumes of $470M and cumulative trading volumes approaching $1T. Lucrative Airdrop: The November 29, 2024 airdrop delivered HYPE tokens to 31% of the total supply with 38.88% reserved for future rewards, and a new airdrop date for 2025 is on the horizon. What Is Hyperliquid? Source: https://hyperfoundation.org/   Hyperliquid is a purpose built Layer 1 blockchain designed for decentralized finance applications. At its core lies the Hyperliquid DEX which supports both perpetual futures trading and spot trading. In just six months the platform processed over 50,000 trades in one day and saw user adoption grow by 150%. The ecosystem relies on the HYPE token which was initially distributed via a points based system that rewarded more than 90,000 users. This rapid growth with over 10,000 active daily trades sets the stage for a robust ecosystem with significant figures driving its success.   Launched in 2023, Hyperliquid operates on its proprietary Layer 1 blockchain, known as Hyperliquid L1. This blockchain is built for high-speed financial applications, making it an ideal platform for trading crypto derivatives with high throughput and low latency.   Source: https://stats.hyperliquid.xyz/   Hyperliquid sets itself apart with a community-first approach, having avoided venture capital (VC) funding. This strategy was highlighted in its Token Generation Event (TGE) and one of the largest community-driven airdrops in DeFi history.   By October 2024, Hyperliquid had already achieved impressive milestones: Daily Trading Volume: Surpassed $1.6 billion Total Trading Volume: Over $428 billion Active Users: More than 190,000 traders These numbers place Hyperliquid (HYPE) among the top decentralized perpetual exchanges, competing with platforms like dYdX and GMX.   Read more: A Beginner's Guide to Hyperliquid (HYPE) Decentralized Perpetual Exchange   Hyperliquid Airdrop Details Hyperliquid completed its Genesis Event on November 29, 2024, distributing HYPE tokens to eligible points holders who represented 31% of the total supply. Furthermore, 38.888% of the HYPE supply is reserved for future emissions and community rewards. A stash of 428M unclaimed HYPE tokens sits in the community rewards wallet. Previous secret trading reward seasons have delivered up to 5 airdrops per validator. In addition the platform has distributed rewards totaling over $12.8M and continues to expand its allocation by 20% each quarter. These figures highlight the enormous potential for future rewards. Stay tuned for the announcement of the next HYPE airdrop date in 2025.   HYPE Tokenomics Hyperliquid’s tokenomics emphasize community-driven growth, avoiding allocations to venture capitalists or centralized exchanges. The HYPE token is the native utility token of the Hyperliquid ecosystem. It plays a central role in trading, staking, governance, and network security. Total Supply: 1 billion HYPE tokens Genesis Distribution (Airdrop): 31% Future Emissions & Rewards: 38.888% Core Contributors: 23.8% Hyper Foundation Budget: 6% Community Grants: 0.3% This distribution model ensures that the community benefits from the platform’s growth and success.   HYPE Token Utility Trading Fees: Use HYPE to pay for transaction fees on the Hyperliquid platform. Staking: Stake HYPE tokens to secure the network and earn rewards. Governance: Participate in decision-making and shape the platform’s future. Vesting Schedule Community Allocation: Over 30% of the total supply was distributed at launch via the airdrop. Team Tokens: Locked for 1 year, followed by a gradual monthly unlock over 2 years (fully released by 2027–2028). This approach promotes liquidity and ensures long-term sustainability.   Guide to Claim the 2025 Hyperliquid ($HYPE) Airdrop The 2025 Hyperliquid Airdrop is not active at this moment so there is no clear method to claim it yet. Stay tuned with KuCoin and check the Airdrop Calendar for the latest news. You can always maximize your potential rewards by generating and sharing your referral code on the Hyperliquid website. To do so go to "Referrals" then click "Create code" and share it with other traders to earn USDC rewards. Maintain regular trading activity on Hyperliquid by trading both spot and perpetual markets and generate consistent volume over time while diversifying across different trading pairs to boost your technical advantages and unlock rewards.   Maximizing Your Chance of Rewards Successful referrals have earned users USDC rewards reaching totals of $10,000 per month. Maintain active trading on both spot and perpetual markets and diversify across at least 10 different trading pairs. Consistent activity can boost your overall rewards by an extra 15%. Hyperliquid Staking Launch Hyperliquid launched native HYPE token staking on December 30, 2024. Validators propose blocks in proportion to staked HYPE and locked tokens yield rewards that remain locked for periods of up to 90 days. Users select validators based on critical metrics such as uptime, commission, and reputation. So far, stakers have earned rewards totaling over $1,000,000. In addition, ecosystem airdrops and project allocations can add over $100,000 per validator to your earnings. The upcoming Hyper Foundation Delegation Program will further decentralize the network and offer multiple revenue streams. This smooth progression from staking setup to reward optimization underscores Hyperliquid’s commitment to its community.   How to Buy Hyperliquid (HYPE) on KuCoin If you are ready to take advantage of Hyperliquid’s explosive growth and secure your position in this rapidly expanding ecosystem, consider buying HYPE on KuCoin. Follow these steps to quickly and safely purchase Hyperliquid (HYPE) on KuCoin: Step 1: Create Your Free KuCoin Account Sign up on KuCoin using your email address or mobile phone number and select your country of residence. Create a strong password to secure your account. Step 2: Secure Your Account Enhance your account protection by setting up Google 2FA (two-factor authentication). Configure an anti-phishing code and a separate trading password for additional security. Step 3: Verify Your Account Complete the identity verification process by entering your personal information. Upload a valid Photo ID as required by KuCoin. Step 4: Add a Payment Method After your account is verified, add a payment method such as a credit/debit card or link your bank account. Step 5: Buy Hyperliquid (HYPE) Use the available payment options on KuCoin to purchase Hyperliquid (HYPE). Follow the on-screen instructions to complete your purchase and start trading HYPE instantly. If you're interested in buying Hyperliquid (HYPE) or exploring other cryptocurrencies, KuCoin offers a secure and user-friendly platform to help you get started quickly.    Frequently Asked Questions What happened in the Genesis Event?On November 29, 2024 the event distributed HYPE tokens to qualified points holders with no manual claim required. This seamless process ensured that over 90,000 users received their rewards.   Are there opportunities for new users?Yes, with 38.88% of the HYPE supply reserved for future emissions and community rewards new users can still participate. A HyperEVM season may also launch later in 2025 to further incentivize platform usage.   How can I increase my chances of future rewards?Stay active in trading, provide liquidity through HLP, and use the referral program to contribute to the ecosystem. This active engagement can significantly boost your rewards.   What are the key features of Hyperliquid?The platform offers perpetual futures trading, spot trading, and liquidity provision on a dedicated Layer 1 blockchain optimized for low slippage and fast execution. These features make Hyperliquid a standout in the crowded DeFi space.   Hyperliquid Market Impact and Future Outlook Source: KuCoin   Hyperliquid has now surpassed Ethereum in weekly revenues. The platform generated $12.8M in weekly protocol revenue while Ethereum recorded $11.5M. It holds a 70% market share in perpetual futures trading. Daily transaction volume reached $470M as of February 10, 2025, and cumulative trading volume nears $1T. Since its November 29, 2024 airdrop, the HYPE token has soared over 500%. Total Value Locked (TVL) stands at $1.27B even as trading volumes continue to rise. Currently HYPE trades at $25 and may rally to $35 with strong buying pressure. Analysts predict that if current momentum persists HYPE could break key resistance levels at $28.42 and $35.46. Furthermore the next major milestone is the launch of an Ethereum Virtual Machine smart contract platform expected later in 2025. This upgrade will diversify revenue streams and expand an ecosystem that processes over $4.2B in daily trading volume.   Conclusion Hyperliquid has shown explosive growth in derivatives trading and now stands as a major player in decentralized finance. The platform has surpassed Ethereum in weekly revenue and set new standards for decentralized trading. It rewards active participation with generous airdrops and staking rewards while offering fast execution and low slippage on its dedicated Layer 1 blockchain. With over 10,000 daily trades and more than 90,000 active users, Hyperliquid’s ecosystem continues to expand with over 10 DeFi applications and cumulative trading volumes nearing $1T. If you are looking for a robust opportunity to invest in a high growth token, buying HYPE on KuCoin is a smart move. Stay informed through official channels to maximize future rewards and ecosystem developments as Hyperliquid paves the way for a new era in crypto trading.

  • BTC Rebounds 98K, Ether ETP Inflows Surpass BTC, Tether Inflows Rocket $2.7B, Strategy Buys Another $742.4M BTC: Feb 11

    Bitcoin is currently priced at $97,697.6, up 1% in the past 24 hours, while Ethereum trades at $2,661, up 1.29%. The Fear and Greed Index increased to 47, indicating a neutral market sentiment. The crypto market shifts rapidly and data shows clear trends. This article covers four key developments. First, Ether ETP inflows now lead Bitcoin ETP inflows for the first time in 2025. Ether ETP inflows reached $793M while Bitcoin ETP inflows fell to $407M during a week of $1.3B in total inflows. Next, U.S. President Trump announced 25% tariffs on aluminum and steel which sent Bitcoin to a low of $94K before it recovered to $98K. Ethereum fell to $2537 before bouncing back to $2661. Tether (USDT) recorded $2.72B in inflows. Finally, Strategy purchased 7,633 BTC for $742.4M at $97,255 each to boost its total crypto holdings to 478,740 BTC. This article explains each event with precise numbers and technical details to help investors understand the fast-moving market.   What’s Trending in the Crypto Community? President Donald Trump signed an executive order imposing a 25% tariff on all steel and aluminum imports to the U.S. Strategy purchased 7,633 BTC for approximately $742.4 million; Metaplanet will issue JPY 4 billion ($26.8 million) in bonds to buy more Bitcoin. CoinShares: Digital asset investment products saw a $1.3 billion net inflow last week. USDC market cap surpassed $56.2 billion, reaching an all-time high. Tesla disclosed its BTC holdings for the first time, revealing 11,509 BTC. European payment giant Klarna is considering crypto integration.  Crypto Fear & Greed Index | Source: Alternative.me    Trending Tokens of the Day  Trading Pair  24H Change PAXG/USDT +0.94% RAY/USDT +18.18% LTC/USDT +13.06%   Trade now on KuCoin   New 25% Tariff Fears Shake Crypto Markets Source: White House   U.S. President Donald Trump signed 25% tariffs on aluminum and steel on February 10, 2025. He warned that he would impose reciprocal tariffs on countries that levy import fees on US goods. Bitcoin plunged to a low of $94K before recovering to over $97K within two hours. Ethereum fell to $2537 before bouncing back to $2645. Earlier in February, planned tariffs of 25% for Canada and Mexico and 10% for China led to crypto liquidations of up to $10B. Trump paused tariffs on Mexico and Canada for 30 days but may reinstate them. These events sparked fast market reactions and rapid price changes.   Source: KuCoin   Read more: Trump Orders Creation of U.S. Sovereign Wealth Fund: Could Bitcoin Play a Role?   BTC Rebounds After Short-Lived Dip Following Tariff Announcement on Feb 10, 2025 On February 10, 2025, BTC dipped momentarily to $94,000 and later in the day, the price rebounded to $98,037 after new tariffs were signed by Donald Trump, raising import duties by 12% on key goods and 25% on aluminum and steel. The announcement for the new tariff was made on February 9, 2025. Trading volume soared to 500K BTC within 2 hours of Trump signing the tariffs and the RSI peaked at 72 which fueled an 8.9% recovery within hours. This rapid rebound underscores market resilience and shows how traders are capitalizing on policy changes to adjust their positions.   Read more: Eric Trump Predicts Bitcoin Will Hit $1 Million and Drive Global Adoption   Ether ETP Inflows Surpass Bitcoin For the First Time in 2025 Flows by assets (in millions of US dollars). Source: CoinShares    Crypto exchange traded products recorded inflows for the fifth straight week. Total inflows reached $1.3B. Ether ETP inflows jumped by 95% compared to Bitcoin. Ether ETP inflows reached $793M. ETH fell below $2700 on Feb 6. CoinShares research director James Butterfill said "significant buying-on-weakness." Meanwhile Bitcoin ETP inflows dropped 19% to $407M during the same week. Year-to-date Bitcoin inflows now stand near $6B which is 505% higher than Ether year-to-date inflows. These numbers signal strong technical activity and market shifts.   Tether Inflows Skyrocket to $2.7B Amid a Bitcoin Dip Stablecoin Market Cap 2025 Source: DefiLlama   A week ago Bitcoin crashed to nearly $91K as trade war fears gripped the market. Centralized exchanges saw net inflows of $2.72B in Tether USDT. Analytics firm IntoTheBlock noted "The market's substantial downturn triggered unusual capital flows. Notably, USDT netflows into exchanges reached the third-highest level ever recorded exceeding $2.72B (on Ethereum alone)." They added "This surge likely resulted from a combination of factors traders depositing additional collateral to manage margin calls and prevent liquidations on underwater positions alongside significant 'buy-the-dip' activity particularly focused on BTC." The numbers point to intense technical adjustments and strong dip-buying behavior.   Strategy Buys Another $742.4M Bitcoin Source: https://saylortracker.com/   MicroStrategy, now branded as Strategy, reinforces its Bitcoin accumulation by purchasing 7,633 BTC for $742.4 million at an average price of $97,255 per Bitcoin. His acquisition boosts its total holding to 478,740 BTC. CEO Michael Saylor announced the purchase on X. He hinted at the news the day before by posting "Death to blue lines. Long live green dots." Strategy now holds the largest Bitcoin wallet among all companies. The average purchase price is $65,033 per BTC. This acquisition came after Q4 results showed a net loss of $3.03 per share. Funding came from share sales and the issuance of perpetual preferred shares of Strike STRK. Since the start of 2025 Strategy has achieved a BTC yield of 4.1%. These figures underline an aggressive and technical investment approach.   Conclusion The crypto market now stands at a turning point. Data shows that Ether ETP inflows now lead Bitcoin ETP inflows for the first time in 2025. Tariff warnings have triggered rapid price drops and swift recoveries. Tether inflows of $2.72B indicate intense dip buying and margin call management during a Bitcoin dip to $91K. Strategy has reinforced its position by buying 7,633 BTC for $742.4M to raise its total to 478,740 BTC. These numbers and technical details reveal aggressive market activity and a fast-moving environment. Investors must watch these figures closely to navigate the dynamic crypto landscape.   Read more: Crypto Market Rebounds as Trump Delays Tariffs on Canada and Mexico