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Key Reason Why Ethereum (ETH) Is to Continue Running Named by Top Analyst
GameFi Guides

Key Reason Why Ethereum (ETH) Is to Continue Running Named by Top Analyst

by admin May 30, 2025


Cryptocurrency trader and analyst Michael van de Poppe has taken to his social media account to share his prediction of future Ethereum price movements.

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“Ethereum to test the highs and continue the run”

Poppe shared an ETH/BTC chart, pointing out that in both April and May, the second-largest cryptocurrency saw “a strong upwards move.” He also noted that in May Ethereum retested the order block (OB), which was a key support level.

That line on the chart shows an area where large buying interest exists historically. Therefore, the surpassing of this area signals potential for future price growth and an asset going toward the highs it reached in the past.

The analyst tweeted: “This means that we’re about to test the highs and continue the run.” Currently, Ethereum is changing hands at 0.02463 BTC or $2,601 per coin.

$ETH has seen a strong upwards move in April and May,

It has also retested the OB at 0.023 and has held there.

This means that we’re about to test the highs and continue the run. pic.twitter.com/Q2OwnKVflZ

— Michaël van de Poppe (@CryptoMichNL) May 30, 2025

Ethereum Foundation’s moves big ETH chunk

Earlier today, Ethereum Foundation caused a commotion within the community by transferring 1,000 ETH worth roughly $2.6 million to an anonymous address 0xc061…0B6d. This transaction raised eyebrows and speculations that the Foundation is selling ETH again with a risk of pushing the ETH price down.

Some commentators under the X post by @lookonchain analytics account about this tagged the AI chatbot Grok, asking it to provide an explanation for this ETH move by the Ethereum Foundation — particularly wondering if an Ethereum sell-off is coming.

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Ethereum ETFs score large inflows

On May 29, spot Ethereum exchange-traded funds saw substantial inflows, totaling +30,183 ETH valued at approximately $80.4 million. The largest amount of ETH was scooped up by BlackRock’s iShares Ethereum Trust — 19,977 ETH. Positive inflows also reached two more ETFs, Fidelity Ethereum Fund and VanEck Ethereum Fund. The former absorbed 9,740 ETH, while the latter got 1,098 ETH. The rest of the ETFs either saw zero or negative inflows.

Overall, BlackRock has seen weekly inflows of 52,668 ETH. Fidelity has absorbed a total of 26,973 ETH this week.





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May 30, 2025 0 comments
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Analyst predicts XMR, XYZ could see 3x gains due to strong BTC market correlation
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Analyst predicts XMR, XYZ could see 3x gains due to strong BTC market correlation

by admin May 30, 2025



Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

Analysts see Monero tripling in value, but all eyes are on XYZVerse, a rising sports-themed memecoin aiming for a 50x breakout with real utility and surging presale momentum.

An analyst forecasts that XMR and XYZ could potentially triple in value. This prediction is based on their strong connection to Bitcoin’s current market trends. The possibility of such significant gains has captured the attention of investors and market observers. Could these cryptocurrencies be poised for remarkable growth in the near future?

XYZVerse redefines memecoins: The next 50x breakout?

The hype is building fast around XYZVerse, a rising memecoin that’s blending sports fandom with crypto culture, and early signs suggest it’s not just hype. With bold ambitions and a unique approach, the project is eyeing a massive 50x surge post-launch.

The presale is heating up, offering XYZ tokens at a steep discount compared to the projected listing price. As of Stage 12, the token has already jumped from $0.0001 to $0.003333, with over 70% of the $15 million presale target raised. The final presale price is set at $0.10, giving early investors a chance to lock in serious upside.

XYZVerse has already earned a spot on CoinMarketCap, where community sentiment is overwhelmingly positive, 95% of voters expect the token to grow. Influencers are also taking notice. DanjoCapitalMaster, who commands nearly 800,000 followers, recently endorsed XYZVerse as a “moonshot opportunity.”

Unlike most memecoins that rely on hype alone, XYZVerse is creating a real niche, merging the energy of global sports with the virality of meme culture. This unique positioning is driving rapid presale progress and attracting a growing wave of early believers.

XYZVerse isn’t just chasing momentum, it’s building with intention. Its tokenomics are designed for longevity, including:

  • 15% allocated to liquidity for post-launch stability
  • 10% reserved for community airdrops and rewards
  • 17.13% dedicated to deflationary burns to help drive long-term demand

The team is also actively engaging its audience, launching an Ambassador Program that rewards community advocates with free tokens. Plans are underway to onboard sports personalities and expand visibility even further.

A major step forward came with the partnership with bookmaker.XYZ, a decentralized sportsbook platform. This move brings real-world utility to the token, letting the community go beyond speculation and actually use XYZ in a sports-betting ecosystem.

As part of the partnership, XYZ holders unlock an exclusive bonus on their first bet, an added incentive that rewards early supporters and deepens the token’s real-world utility.

By bridging the gap between traditional sports culture and the high-speed world of crypto, XYZVerse is creating more than just another memecoin, it’s crafting a dynamic, entertainment-driven ecosystem built for real engagement.

With a surging presale, an active community, and a bold roadmap, XYZVerse checks all the boxes for breakout potential. While nothing in crypto is ever guaranteed, many see this as a rare chance to get in early on a project with serious upside.

Monero surges forward

Monero (XMR) has experienced significant price movement recently. Over the past six months, its price has surged by 115.45%. In the last month, it climbed 32.98%. However, the past week saw a decline of 13.03%, indicating some short-term volatility.

Currently, XMR is trading between $363.54 and $447.06. The nearest resistance level is $475, and the nearest support is at $308.04. If the price breaks above $475, it may target the second resistance at $559, an increase of about 18%. If it falls below support, it could drop to the second support at $224.52. The Relative Strength Index (RSI) is at 42.28, suggesting the coin is approaching oversold conditions, which might signal a potential price rise.

With a 10-day Simple Moving Average of $347.51 below the 100-day SMA of $385.54, there is a short-term bearish signal. The MACD level at -3.8161 supports this, while the Stochastic at 57.76 is neutral. These indicators suggest Monero may consolidate before moving significantly. Given its strong performance over recent months, if XMR breaks above resistance, it could continue its upward trend.

Conclusion

While XMR could triple due to Bitcoin’s rise, XYZVerse offers greater potential with its sports memecoin ecosystem, aiming for 20,000% growth and community-led success.

To learn more about XYZVerse, visit the website, Telegram, and Twitter.

Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.



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May 30, 2025 0 comments
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Analyst Warns For Bitcoin’s Bearish Divergence: Dip Below $100K Incoming?
GameFi Guides

Analyst Warns for Bitcoin’s Bearish Divergence: Dip Below $100K Incoming?

by admin May 30, 2025



Cooling off from its recent run to a new all-time high last week, Bitcoin is now at a pivotal moment as its price dips below $105,000, with experts issuing a stark warning of a bearish divergence. 

In a recent post on X, the prominent crypto trader and analyst, Willy Woo, highlighted a potential bearish divergence on Bitcoin’s weekly chart, a technical pattern that could signal an impending reversal or prolonged stagnation.

The divergence occurs when the price fails to confirm the momentum shown by indicators like the Relative Strength Index (RSI), often a precursor to sideways or downward movement. 

Dear Mr Bitcoin, you have 2 days 16 hours to rally or your gonna print a bearish divergence on weekly charts and then we will be bored for weeks and weeks. pic.twitter.com/SkrhkRFeCJ

— Willy Woo (@woonomic) May 30, 2025

Woo’s analysis gives Bitcoin a tight window of 2 days and 16 hours to rally and avoid printing this bearish signal. A failure to do so could usher in a “sideways summer,” a period of low volatility that has historically frustrated traders. However, Woo’s analysis is argued by other traders, with an user stating that this is not a valid bearish RSI divergence.

“A proper one requires both RSI peaks above 70, with the second one lower, while price makes a higher high,” noted the user. “Here, RSI doesn’t even reach 70—so it’s not a textbook divergence, just potential momentum weakness at best.”

At the time of writing, Bitcoin is trading near $105,285—down 5.42% in the past 7 days. It has a 24 hour trading volume of $60.65 billion as of latest market data. 

As Bitcoin approaches this critical juncture, traders are on edge, balancing optimism from global trade developments against technical warning signs. The next few days could determine whether Bitcoin surges to new highs or enters a phase of prolonged boredom for investors.

Also read: Bitcoin Is Perfected Capital: Saylor at Bitcoin Conference 2025





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May 30, 2025 0 comments
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Bitcoin
NFT Gaming

Analyst Who Predicted Bitcoin’s Rise From $77,000 To $110,000 Reveals Why The Rally Is Not Over

by admin May 27, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A prominent crypto analyst who accurately forecasted the Bitcoin (BTC) surge from $77,000 to over $110,000 has shared a renewed analysis, declaring that the flagship cryptocurrency’s bull rally is far from over. Backed by technical analysis and macroeconomic fundamentals, the analyst claims that Bitcoin is poised for a further breakout, potentially reaching $117,000 to $120,000 in the coming weeks. 

The Bitcoin Bull Run Is Far From Over

At the heart of crypto analyst Doctor Profit’s renewed bullish outlook is the emergence of a Golden Cross on the Bitcoin chart. The market expert disclosed that the Golden Cross pattern, a rare and powerful bullish signal, has an accuracy rate of approximately 87.8% when it occurs on higher time frames. 

According to the Bitcoin Bull Market: Pundit Reveals When To Sell Everything, historically, this technical pattern is a reliable indicator that has only appeared twice in the past 24 months, and each time it has preceded massive price rallies. In October 2023, a Golden Cross preceded a 170% surge from $27,000 to $73,000.

Then again, in October 2024, it signaled a move from $63,000 to $109,000, delivering an impressive 73% gain. Now, in May 2025, the chart pattern has appeared once more, but this time when Bitcoin was priced just above $110,000. 

Source: Doctor Profit on X

Doctor Profit emphasized that these past rallies did not take months to materialize. Rather, they began almost immediately after the Golden Cross signal appeared and then accelerated over to a 3-5 month window. Historically, during such periods, BTC has delivered gains of about 70% and 170%, which is approximately between 3.5% to 8.5% per week. If this bullish trend repeats, it could push the cryptocurrency well beyond current price levels. 

Notably, the emergence of this Golden Cross pattern is the primary reason why Doctor Profit believes that the Bitcoin bull rally is far from over. With this technical formation, the analyst has boldly forecasted that BTC will reach $113,000 this week, representing a 3.71% gain from its current price of around $108,954.

ETFs, Liquidity Clusters, And Institutional Demand To Fuel Bitcoin’s Rise 

On a structural level, Doctor Profit highlights a major liquidity cluster at $113,000. With Bitcoin already approaching this level and with strong momentum, the analyst expects this target to be hit within days. However, this isn’t the final stop.

Since Bitcoin was trading at $77,000, Doctor Profit revealed that he has consistently held a target of $117,000 to $120,000. Now, with the Golden Cross confirmed and market conditions reinforcing the move, he is doubling down on this forecast. 

Behind chart patterns, Doctor Profit also believes that Bitcoin ETFs and the broader macro environment are playing a key role in shaping this cryptocurrency’s bullish thesis. The analyst points to an overwhelming surge in demand through Spot Bitcoin ETFs, noting that inflows are now 9X higher than the daily amount of BTC being mined. 

Notably, this imbalance between supply and demand is creating powerful upward pressure on the price. Adding further weight to the bullish case is the continued accumulation by MicroStrategy and other institutional players. These entities are not only buying BTC in bulk but also reducing the amount circulating on exchanges.

BTC trading at $109,664 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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May 27, 2025 0 comments
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Dogecoin
GameFi Guides

Dogecoin On The Verge Of A Crucial Breakout, Analyst Eyes $0.4 As Next Key Level

by admin May 26, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The broader crypto market has taken a hit. Major digital assets like Dogecoin are faced notable bearish movements with the dog-themed meme coin dropping to the $0.21 level. DOGE may be under renewed bearish pressure, but a crypto analyst points to an impending notable rally as bullish momentum gradually returns to the market, pushing prices back to $0.22.

Breakout Sets the Stage For Dogecoin To $0.4

Dogecoin appears to have found renewed upward momentum due to the general market recovery following Bitcoin’s brief upswing today. With recent developments spotted on the DOGE 1-day chart, the meme coin is once again flashing signs of strength as it eyes a key breakout.

Related Reading: Dogecoin Price Completes Daily Trend Break, Why $0.42-$0.43 Supply Zone Is Next

An X (formerly Twitter) crypto expert and investor, Trader Tardigrade, has outlined a formation that might redefine DOGE’s short-term price trajectory. As Dogecoin hovers near critical support zones, the expert foresees a sharp breakout toward the $0.4 level.

According to Trader Tardigrade, the meme coin is forming a leg in consolidation below the $0.25 resistance level after recent pullbacks. It is worth noting that this marks the second leg in consolidation in less than a week.

DOGE impending rally to $0.4 | Source: Trader Tardigrade on x

Specifically, the first leg of consolidation occurred last Tuesday after it failed to break above the immediate resistance at $0.25. Trader Tardigrade believes that Dogecoin is likely to break through this level following a shakeout below $0.21 to remove weak hands. However, the expert noted that DOGE would hit the resistance zone several times before breaking through.

When a breakout finally takes place, Dogecoin is expected to rally hard toward the $0.4 mark that was last seen in late January this year due to its previous explosive run. Looking at the chart, this level is another crucial resistance range for DOGE in its bullish journey. 

The last time the meme coin reached this key barrier, it caused a major pullback in the following months before DOGE gained traction again in April. In the event that Dogecoin revisits and breaks past the $0.4 zone, it may lead to an extension of the rally as buying pressure grows.

DOGE Makes A Hidden Bullish Divergence

With technical indicators aligning and market sentiment turning cautiously bullish, DOGE might be gearing up for its next major uptrend. Trader Tardigrade also identified an RSI (Relative Strength Index) Hidden Bullish Divergence on the 1-day chart.

Related Reading: Dogecoin Makes Meaningful Correction: Key Pullback Pattern Points To Looming Rally

The emergence of a hidden bullish divergence on the DOGE RSI reflects growing momentum for a bounce even as prices continue to fluctuate. Presently, the expert highlighted that the meme coin is forming a higher low, while the RSI is forming a lower low.

Ali Martinez, another seasoned crypto analyst, has underlined a critical resistance at $0.26 as the meme coin gears up for another upswing. According to the analyst, this level continues to be the most important resistance wall for DOGE. Breaking this level could mark the beginning of a bullish phase.

DOGE trading at $0.22 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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May 26, 2025 0 comments
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Strategy
GameFi Guides

Market Shock Incoming? Strategy Stock Could Crash Then Soar, Analyst Says

by admin May 26, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

According to market watcher Sir Chartist, Strategy’s stock (MSTR) may be headed for a sharp drop before it bounces back. He thinks shares could slide as low as $350. Then, once selling dries up, a fresh push might carry the price back to $700. It’s a two-step move he believes will play out soon.

Prime Setup Signals Breakdown

Sir Chartist points out that MSTR has slipped below its 9-day exponential moving average and its 20-day simple moving average. Those lines are now converging in a bear-leaning pattern. When that happens, short-term momentum often fades fast. He notes that April’s trend—where green candles kept driving the stock higher—has given way to heavier selling.

Let’s break down this chart on $MSTR.

At the end of this thread I will give my opinion on it as of TODAY!

As traders and chartist, knowing and STUDYING charts is KEY to success.

Lets have a look 👇

THREAD 🧵 pic.twitter.com/gqxG9yRx2d

— SIR CHARTIST (@ChartBreakouts) May 24, 2025

Volume Trends Could Mark A Bottom

He’s watching for a panic-driven drop toward $350. Volume spikes on red days mean sellers are in control. But a sharp fall followed by lower selling volume and bigger green bars could signal the end of the decline. Based on reports, he’ll only flip bullish once buying volume clearly outpaces the selling.

Source: NASDAQ

Equity Raise And Bitcoin Buying Plans

Strategy (formerly MicroStrategy) plans to raise $2.1 billion through a stock sale. That money will go straight into more Bitcoin. On one hand, more BTC could lift the share price later on. On the other, fresh shares hitting the market might weigh on MSTR while the deal is underway. Sir Chartist says this dilution effect is part of why he expects the initial slide.

BTC is now trading at $107,628. Chart: TradingView

Past Patterns Hint At Rally

He reminds investors of the breakout from an earlier sideways channel. That move delivered a little over 100% gain with barely any pullback. Based on that pattern, he argues a repeat rally is likely once the stock stages its next low. His view: history doesn’t repeat exactly, but it often rhymes.

Cautionary Views Add Weight

Crypto analyst Ali Martinez has also chimed in. He saw a TD Sequential sell signal on MSTR’s weekly chart, which often flags a pending drop. And Strategy’s recent Bitcoin buy—7,390 BTC for roughly $765 million—lifted the stock above $400 earlier this week. Yet even that big purchase wasn’t enough to stop the bearish signals on the charts.

In short, Sir Chartist is calling for a quick shakeout toward $350 before a bigger rally. He’s leaning on moving averages, volume shifts, past breakouts and Bitcoin’s pull.

Featured image from Livewire Markets, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.





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May 26, 2025 0 comments
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Bitcoin price
GameFi Guides

Can Bitcoin Price Sustain Its Bullish Momentum? Analyst Identifies Local Top At $113K

by admin May 25, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The Bitcoin price performance has been outstanding over the past week, achieving a new all-time high. In the late hours of Thursday, May 22, the premier cryptocurrency reached a fresh record-high price of $111,807.

While the value of BTC has witnessed a significant correction in the last 24 hours, the market-wide sentiment is positive as investors expect the coin’s price to forge on. However, historical price action data suggest that the Bitcoin price might cool off for a while before resuming its upward rally.

Once BTC Local Top Is In, Altseason Is Next: Analyst

In a recent post on the social media platform X,  crypto analyst Joao Wedson pinpointed a potential local top for the Bitcoin price around $113,000 and $114,000 in the coming days. The on-chain analyst highlighted two primary reasons why the market leader’s bullish momentum might wane in the short term.

Firstly, this bearish projection revolves around the appearance of a long-term trendline on the daily BTC chart. As observed in the chart below, the trendline acts as a resistance level for the Bitcoin price, precipitating multiple rejections since early 2021.

Source: @joao_wedson on X

Additionally, the 2021 cycle top (and then all-time-high price) around $69,000 came about after reaching this long-term trendline. Most recently, Bitcoin’s previous all-time-high price of $108,786 culminated around this long-term resistance level.

Wedson also noted that the Bitcoin Aggregated Liquidation Levels Heatmap supports the $113,000 – $114,000 local top theory. According to the liquidation data, the Bitcoin price has suffered a pullback around the $110,000 level over the past six months.

Most interestingly, Wedson pointed out that altcoins could surge back to life in the months following the price of Bitcoin reaching its top. While Bitcoin’s dominance was experiencing a correction in the past week, the metric received a major boost after the price performance of BTC in the last few days.

The talk of an altcoin season has always been in the crypto air since the start of 2025, especially with the price of Bitcoin seemingly reaching a cycle high (at the time). However, the altseason appears to be more of a fantastical idea, as the world’s largest cryptocurrency continues to lead the pack by a significant mile.

Bitcoin Price At A Glance

The price of Bitcoin fell beneath the $109,000 level in the late hours of Friday in what looked like a reaction to United States President Donald Trump’s tariff threat on European Union goods. As of this writing, the flagship cryptocurrency is valued at around $108,500, with a 2.3% price decline in the last 24 hours.

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView

Featured image from iStock, chart from TradingView

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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May 25, 2025 0 comments
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XRP
Crypto Trends

The Stars Align: Crypto Analyst Predicts 1,700% Rally For XRP In 2 Months

by admin May 24, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

A crypto analyst has predicted that the XRP price could increase by a staggering 1,700% over the next two months. If accurate, this explosive move could catapult the altcoin well above its current all-time high of $3.84, marking a historical moment and reigniting investor excitement amidst the volatile market. 

XRP To Replay 2017 Explosive Rally To $27

Egrag Crypto, a prominent crypto analyst, has presented a striking forecast for the XRP price in an analysis on X (formerly Twitter). According to the post, the token could be on the verge of replicating one of its most legendary historical price surges, with the potential to rise by 1,700% over the next two months.

At the heart of this bullish price prediction is a comparative study of XRP’s meteoric rally in 2017, when the altcoin surged by over 1,772.13% in just 63 days beginning from October 30. Egrag Crypto has overlaid this historical surge with current market behavior, and according to the analysis, the altcoin is showing uncanny similarities to its 2017 bullish setup and could end up completely repeating this pattern. 

The analyst’s chart features an expansive Fibonacci circle framework, with concentric arcs possibly representing future zones of resistance and support. Within this macro pattern, XRP is forming a triangular consolidation, just like it did in its previous ATH breakout. 

Source: Egrag Crypto on X

The chart identifies July 21, 2025, as a potential cycle top for XRP, placing the altcoin within a similar 63-day window that previously preceded its rally to all-time highs. If history repeats, it could be poised for an explosive rally, targeting the $28 level—a price that extends far beyond former ATHs. 

Major Fibonacci levels have also been marked on the chart. A breakout of the 1.0 Fib around $3.35 is seen as a gateway for exponential growth, with additional targets placed at $8.489 (1.272 Fib), $13.79 (1.414 Fib), and an eventual moonshot toward $27.68 based on the 1.618 extension. 

Zooming In: Key Resistance And Support Levels To Watch 

While the macro view of Egrag Crypto’s XRP price chart showcases a stage for a grand rally, zoomed in, the chart shows that the altcoin is currently consolidating within a Symmetrical Triangle pattern.

The chart also shows that the 21-week Exponential Moving Average (EMA), situated near the $2.3 price level, is acting as a vital support area and last line of defense for the token. The analyst has indicated that holding above this line is critical to XRP maintaining bullish momentum.  

From a resistance standpoint, the analysis highlights $2.7 as the first major threshold to overcome, coinciding with the 1.414 Fib. A close above this level would be a clear breakout signal that could trigger a rally toward the $3.00 – $3.35 zone. Additionally, surpassing this region would potentially mark the start of the projected parabolic run to a cycle top in July. 

Notably, XRP won’t be the only cryptocurrency potentially experiencing a bull rally during the 63-day timeframe. Egrag Crypto suggests that Bitcoin (BTC) and the broader crypto market could also enter a new phase of bullish expansion around the same period.

XRP trading at $2.3 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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May 24, 2025 0 comments
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XRP ETPs and Crypto ETFs to See Delays This Summer: Bloomberg Analyst
NFT Gaming

XRP ETPs and Crypto ETFs to See Delays This Summer: Bloomberg Analyst

by admin May 20, 2025


  • Crypto industry awaits SEC decision
  • XRP ETF hopes face SEC delays

According to Bloomberg ETF analyst James Seyffart, the U.S. Securities and Exchange Commission (SEC) is expected to delay its decisions on approving spot cryptocurrency exchange-traded funds (ETFs). 

In a recent post on X, Seyffart wrote that even though many XRP exchange-traded products (ETPs) have deadlines within the next few days, approvals for these and other crypto ETFs aren’t likely to happen until late June or early July.

Delays on spot crypto ETFs are expected. A bunch of XRP ETPs have dates in next few days.

If we’re gonna see early approvals from the SEC on any of these assets — i wouldn’t expect to see them until late June or early July at absolute earliest. More likely to be in early 4Q.

— James Seyffart (@JSeyff) May 20, 2025

He added that a more realistic deadline would be early in the fourth quarter of this year.

Crypto industry awaits SEC decision

Since they allow investors to gain direct exposure to digital assets without holding such cryptocurrencies directly, spot crypto ETFs have been in huge demand in the U.S. financial market. 

However, the SEC has remained cautious in approving other crypto ETFs despite the success of Bitcoin and Ethereum ETFs, which were approved last year.

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According to analysts, should Seyffart’s prediction come true, the delay would be surprising given that many industry leaders have been seeking mainstream financial integration for the cryptocurrency market. 

Hence, they had hoped that quicker regulatory approval for these XRP ETPs and other crypto assets would be proof of the market’s maturity and faster inclusion in the traditional market.

XRP ETF hopes face SEC delays

As the industry awaits the regulator’s decisions on these ETFs, many expect that there will be continued dialogue between crypto asset managers and regulatory authorities in addressing the remaining concerns about these financial products.

As previously reported, Ripple’s CEO was in Washington, D.C. last night to further discussions on how to help improve crypto regulations. Following the launch of the much-anticipated XRP futures, ETF Store president Nate Geraci believes that an XRP ETF launch is the next big move for the cryptocurrency.

According to CoinMarketCap data, $118.32 billion worth of cryptocurrencies were traded in the past 24 hours. However, this marks a 22.55% drop compared to the previous day’s volume.

The data also shows that Bitcoin remains the most dominant digital asset, holding a 63.3% share of the total market.





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May 20, 2025 0 comments
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