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Altcoin Season May Be Brewing, But Will Be More Selective, Analysts Say

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A group of major altcoins have bounced stronger than bitcoin

on Wednesday, showing relative strength despite a weakening risk appetite in broader capital markets.

BNB (BNB), the native token of the BNB Chain and closely adjacent to crypto exchange giant Binance, surged 6% to a fresh all-time high of $875.

Ethereum’s ether (ETH) rebounded 7% from the overnight lows to $4,350, erasing all of Tuesday’s losses. Some observers speculated that ETH treasury firms buying the asset could have fueled the rally.

Solana’s SOL (SOL) gained 6.1%, also outpacing yesterday’s decline, while tokens of ChainLink

and AAVE were up 10% and 7%, respectively.

Meanwhile, the leading crypto BTC advanced a modest 1.4% from the lows, changing hands at just above $114,000. Major stock indexes, the S&P 500 and the tech-focused Nasdaq, closed 0.2% and 0.5% lower.

While it might be too early to call for any bottom with rocky next few days and weeks ahead on the macro front, the relative strength of altcoins versus bitcoin is notable during a risk-off period.

Bitcoin’s dominance, measuring the largest crypto’s market share in the total market capitalization of digital assets, is on the brink of making a fresh six-month low, signaling that smaller, riskier tokens are taking leadership in market gains, often dubbed as “altcoin season.”

Bitcoin dominance (TradingView)

Still, hopes for repeating past cycles’ breakneck altcoin action might be unrealistic, ByteTree analysts led by Shehriyar Ali and Charlie Morris noted.

“An alt season may be brewing, but it will not look like the wild rallies of the past,” the report said. “Instead, it will be defined by selective, fundamentals-driven growth, rewarding quality projects and penalising those without substance.”

Read more: Hawkish FOMC Minutes Knocks Legs Out of Crypto Bounce



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LINK Is Up 18% Today; Here Are the Catalysts and What Analysts Are Saying

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Chainlink’s LINK token jumped 18% to $26.05 on Sunday, according to CoinDesk Data, pacing the top 50 cryptocurrencies by percentage gain as analysts and traders cited momentum and recent fundamental catalysts.

What Analysts Are Saying

Altcoin Sherpa described LINK as “one of the best coins right now,” pointing to chart strength that could carry toward $30. He explained that round-number levels like $30 often act as psychological barriers where sellers take profits, so traders should be cautious about chasing the move too late.

Zach Humphries, another analyst, argued that LINK remains “very undervalued” at current prices. He emphasized that Chainlink underpins much of decentralized finance by delivering the price feeds and cross-chain services many protocols rely on. From his perspective, the token should be treated as a bet on critical infrastructure rather than just another speculative asset.

Milk Road highlighted the strong trading backdrop. The publication noted a 66% surge in 24-hour trading volume and said LINK’s clean breakout above $24.50 added conviction for momentum traders. They tied the bullish tone back to two key August developments: the launch of Chainlink’s new onchain reserve and its data partnership with Intercontinental Exchange (ICE).

Chainlink Reserve

On Aug. 7, Chainlink introduced the Chainlink Reserve, a smart contract treasury designed to steadily accumulate LINK over time. The mechanism works by converting the project’s revenue — paid in stablecoins, gas tokens, or fiat — into LINK and then locking those tokens onchain for multiple years.

The conversion process, called Payment Abstraction, automates this workflow. It uses Chainlink’s own services — price feeds for fair conversion rates, automation to trigger transactions, and CCIP to consolidate fees from different chains — before swapping into LINK via decentralized exchanges.

Chainlink says the Reserve has already accumulated more than $1 million worth of LINK, with no withdrawals planned for several years. It also earmarks 50% of fees from staking-secured services such as Smart Value Recapture to feed the Reserve, creating a recurring stream of inflows.

The initiative serves two strategic purposes.

First, it strengthens the link between adoption and token demand by ensuring usage revenues convert directly into LINK.

Second, it provides transparency: anyone can view inflows, balances, and the timelock at reserve.chain.link.

Chainlink has framed the Reserve as one piece of a broader economic design that includes user-fee growth and cost reductions via the Chainlink Runtime Environment. For investors, the practical takeaway is that network growth can now translate into steady, programmatic accumulation of LINK on the open market.

Chainlink’s dashboard shows the reserve now holds about 109,663 LINK tokens, with a market value of roughly $2.8 million. The data also highlights that the average cost basis of these holdings is $19.65 per token, underscoring the program’s early accumulation strategy.

ICE Partnership

On Aug. 11, Chainlink announced a partnership with Intercontinental Exchange (ICE), the operator of the New York Stock Exchange. The collaboration integrates ICE’s Consolidated Feed, which provides foreign-exchange and precious-metals rates from more than 300 venues, into Chainlink Data Streams.

ICE is one of several blue-chip contributors to these datasets, which are aggregated by Chainlink to create fast, tamper-resistant data feeds for use onchain. By incorporating ICE’s market coverage, Chainlink aims to make its feeds more attractive for banks, asset managers, and developers building tokenized assets or automated settlement systems.

Chainlink Labs described the integration as a watershed moment for institutional adoption. The thinking is that traditional finance players need proven, high-quality data to interact with blockchain applications, and bringing ICE’s feeds onchain helps meet that standard.

The partnership marked one of the clearest examples yet of a major Wall Street market data provider engaging with blockchain infrastructure. By giving decentralized applications direct access to ICE’s financial data, it positioned Chainlink as a bridge between traditional markets and decentralized finance.

Looking Ahead

Analysts highlight LINK’s strong trend, undervaluation and accelerating momentum, suggesting the token is in a position of strength as investors digest Chainlink’s recent strategic moves.



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Analysts Say Bitcoin’s Long-Term Focus Is Easing War Jitters

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Good Morning, Asia. Here’s what’s making news in the markets:

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.

After a tense weekend that saw the U.S. bomb an Iranian nuclear site, bitcoin has regained its footing, hovering around $106K as Asia begins its Wednesday session and pushing past levels from earlier this month when Israel bombed Iran.

Part of the reason why crypto has recovered alongside traditional markets is just how correlated the two have become.

“Bitcoin’s sensitivity to traditional asset classes and macroeconomic indicators has evolved markedly over the past few market cycles, reflecting its growing integration into the broader macro-financial system,” a recent report from Glassnode and Avenir Group reads. “Institutional infrastructure has reshaped how capital engages with bitcoin. As a result, its market behavior is increasingly governed by structural liquidity, long-horizon positioning, and regulated access points.”

That institutional backbone was visible again this week.

Semir Gabeljic, director of capital formation and investment strategy at Pythagoras Investments, cited ETF flows as a major tailwind: “The huge recent capital inflows in Bitcoin ETFs of $1.1 billion last week and even $350 million today alone” are driving the positive trend.

Spencer Yang, Core Contributor to Fractal Bitcoin, added that one of the reasons why BTC was able to shake off war jitters so quickly is that fundamentally, nothing has changed about the asset class due to the conflict in the Middle East.

All the metrics that investors would look to for BTC are still there, and other bullish market sentiment is possibly on the way.

“We’re seeing continued interest in protocols like BRC-20, especially with the recent upgrade, as well as Runes and Alkanes, which have been getting a lot of attention,” he added. “So overall, on‑chain activity across the board is increasing thanks to these types of assets.”

The takeaway? As bitcoin becomes increasingly defined by institutional demand and macro liquidity cycles, analysts see its price action as less about reacting to headlines and more about long-term capital commitment. This structural shift is what continues to anchor BTC above $100K, despite the noise.

Tim Draper: Bitcoin Is Eating Crypto as Innovation Flocks to BTC

The Bitcoin blockchain is becoming the new home for crypto innovation, absorbing ideas once exclusive to altcoins, just as Microsoft once consolidated the software revolution under its operating system empire, Tim Draper argued in a recent post on X.

Draper pointed to BTC dominance, a metric equivalent to its “market share,” rising over 60%,up from 40% after the 2017 boom-bust cycle and 50% following the 2021 peak, as proof that Bitcoin is reasserting control over the broader crypto ecosystem.

Much like how Microsoft integrated or cloned early success stories like Lotus 1-2-3, WordPerfect, and PowerPoint to form its software suite, Draper says Bitcoin is now incorporating once-altcoin-exclusive innovations: smart contracts, DeFi, ordinals, and low-cost layer 2s.

“All the successful innovations on other platforms are now being ported to Bitcoin,” Draper wrote, calling it an “acceleration” that mirrors Big Tech consolidation. Developers, he said, are increasingly gravitating toward Bitcoin as the most secure and valuable chain.

Draper, who runs a Bitcoin-focused accelerator with Boost VC, said the next generation of entrepreneurs is building on Bitcoin not just for ideological reasons, but because the infrastructure and ecosystem are now ready.

“Smart entrepreneurs are always building on the platform with the strongest gravitational pull,” he wrote. “That platform is Bitcoin.”

WazirX Granted Extension to Present Revised Restructuring Plan

WazirX has received a court-approved extension from the Singapore High Court, allowing it to present further arguments in support of its proposed Scheme of Arrangement. The court also extended the moratorium on creditor actions, which will now remain in place until a ruling is issued on the revised plan.

In a statement released Monday, the exchange said it is awaiting further directions from the court and reiterated its commitment to resolving outstanding claims. The company’s original restructuring plan, rejected by the court last month, as CoinDesk previously reported, sought to reimburse users affected by a $234 million hack in July 2024 through the issuance of recovery tokens and a transfer of operations to a new entity, Zensui Corporation.

More than 93% of creditors had approved the initial plan, but the court cited concerns around governance and transparency.

Without an approved arrangement, WazirX faces the possibility of liquidation under Singapore’s Companies Act, which could lead to extended delays and reduced creditor recoveries. No date has been set for the next court hearing.

Market Movements

  • BTC: Bitcoin surged past $106,000 after a ceasefire between Israel and Iran eased geopolitical tensions, triggering a breakout fueled by high-conviction buyers, bullish technical signals, and strong on-chain accumulation, while the broader CD20 index also climbed nearly 1% amid renewed market strength.
  • ETH: Ethereum surged 4% to break above $2,450 as Trump’s announcement of an Israel-Iran ceasefire eased global tensions, triggering renewed institutional accumulation and strong on-chain buying momentum.
  • Gold: Gold fell as much as 2% to $3,300 after Trump’s surprise Israel-Iran ceasefire announcement eased geopolitical tensions, weakening safe-haven demand even as the metal remains up over 25% year-to-date.
  • Nikkei 225: Japan’s Nikkei 225 rose 0.12% as Asia-Pacific markets opened higher Wednesday, buoyed by the Israel-Iran ceasefire and new signals from the U.S. Federal Reserve.
  • S&P 500: U.S. stocks surged Tuesday, with the Nasdaq and S&P 500 hitting their highest levels since February as a tech-led rally gained momentum amid growing optimism over a fragile U.S.-brokered Israel-Iran ceasefire.

Elsewhere in Crypto



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From $0.003333 to $1 in 2 years? XYZVerse coin could deliver massive returns, overtaking Bitcoin
GameFi Guides

Whales shift from AVAX, Polkadot to XYZVerse as analysts predict 15,000% surge by 2026

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

AVAX, Polkadot whales pour funds into XYZVerse as analysts forecast a 15,000% price surge by 2026.

A sudden shift in investment patterns is shaking up the crypto market. Large-scale holders of AVAX and Polkadot are redirecting their funds into XYZVerse, a newcomer drawing significant attention. Analysts are buzzing with forecasts of an extraordinary surge in XYZVerse’s value, anticipating a staggering 15,000% increase by 2026. This development could herald a new era in digital assets.

XYZVerse is breaking the memecoin mold: Can this 50x contender outshine the rest?

The hype is building fast; XYZVerse (XYZ) is quickly emerging as one of the most promising memecoins of 2025, and many believe it’s gearing up for a massive 50x breakout.

Currently in presale, XYZ offers early investors a rare opportunity to grab tokens well below the projected listing price, positioning them for outsized returns.

Bullish sentiment surrounds $XYZ

XYZVerse has already made waves by securing a live listing on CoinMarketCap, where community sentiment is overwhelmingly bullish, 95% of voters expect XYZ to rise.

Influencers are starting to take notice, too. DanjoCapitalMaster, a leading crypto voice with nearly 800k followers, recently endorsed the project, calling XYZVerse a “moonshot opportunity.”

Not just another memecoin — this one has utility

XYZVerse isn’t copying trends — it’s setting them. By fusing the high-intensity culture of sports with the viral reach of meme tokens, XYZ is creating something far more sustainable than the average hype coin.

And the numbers prove it:

  • Stage 1 Price: $0.0001.
  • Current Price (Stage 12): $0.003333.
  • Final Presale Price: $0.02.
  • Target Listing Price: $0.10.
  • Funds Raised: Over $10.5m+, with 70% of the $15M cap already reached

Early buyers are sitting on massive paper gains, and latecomers still have a window to enter before the final stage closes.

Long-term growth backed by smart tokenomics

XYZVerse isn’t just hype — it’s built for the long haul.

  • 15% of supply allocated to liquidity.
  • 10% reserved for community rewards and airdrops.
  • 17.13% committed to deflationary token burns.

This structure helps ensure a healthy post-launch market and increasing scarcity for long-term holders.

Built with the community, for the community

The XYZ Ambassador Program has just launched, letting fans earn free tokens by spreading the word. The team is also reportedly in talks with major sports figures to amplify awareness.

On the utility front, a strategic partnership with a decentralized sportsbook bookmaker.XYZ adds real-world use for the token, turning XYZ from a meme into a movement.

Final stages approaching — don’t miss the kickoff

With momentum accelerating, presale supplies shrinking, and visibility exploding, XYZVerse is one of the few meme coins delivering both community hype and real-world plans.

XYZ holders get exclusive betting bonus just for joining the ecosystem

Thanks to a recent partnership, XYZ holders now receive a special bonus on their first bet, a unique perk that adds real utility to being part of the XYZVerse ecosystem.

By bridging the worlds of traditional sports fandom and fast-paced crypto innovation, XYZVerse is building more than just a token; it’s crafting a high-energy, entertainment-driven experience with real-world engagement.

Is XYZVerse the next memecoin breakout?

With a rapidly accelerating presale, an active and loyal community, and a clear roadmap, XYZVerse has all the hallmarks of a top-tier memecoin contender. While no one can predict the market with certainty, many investors believe this could be the next big thing, and getting in early could make all the difference.

The presale is moving fast, and the window is closing. Those watching from the sidelines, now might be the best chance to dive in before XYZ takes off.

Avalanche

Source: TradingView

Avalanche (AVAX) has seen a notable decrease in its price over the past six months, dropping by 54.73%. In the last month, the coin’s value fell by 19.18%, and over the past week, it declined by 16.55%. Currently, AVAX is trading within the range of $17.48 to $21.74, reflecting a consistent downward trend.

Technical indicators suggest that this bearish momentum may continue. The Relative Strength Index (RSI) stands at 39.86, indicating that the coin is approaching oversold territory but hasn’t reached it yet. The Moving Average Convergence Divergence (MACD) level is at -0.1730, signaling negative momentum. Additionally, the 10-day and 100-day Simple Moving Averages are at $18.02 and $18.91, respectively, both hovering above the current price.

If the decline persists, AVAX may test its nearest support level at $15.85. A drop to the second support level at $11.59 would represent a significant decrease from current levels. On the upside, if buying interest emerges, the coin could aim for the nearest resistance level at $24, which would be an increase of over 30%. Breaking past this could see AVAX reaching the second resistance level at $28, but this would require strong positive momentum.

Polkadot

Source: TradingView

Polkadot (DOT) has faced a steep decline over the past six months, losing over 50% of its value. In the last month, it dropped nearly 22%, and over the past week, it fell about 14%. Currently, DOT is trading between $3.54 and $4.23.

Technical signals suggest more bearishness ahead. The Relative Strength Index is at 39.93, close to oversold levels. The Stochastic oscillator sits at 15.15, also indicating overselling. The MACD is negative at -0.0330. The 10-day simple moving average is $3.60, below the 100-day average of $3.77, confirming downward momentum.

Looking ahead, DOT’s nearest support is at $3.25. A drop below this could see the price falling to the next support at $2.56, a decrease of about 28% from the current low. On the upside, if momentum shifts, DOT could test resistance at $4.63, an increase of roughly 10% from the current high. A continued rise could take it to $5.32, marking a potential gain of about 25%.

Conclusion

While AVAX and DOT remain strong in the current bull market, XYZVerse’s unique sports memecoin aims for unprecedented growth, uniting fans and potentially outperforming other tokens.

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

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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Can XRP hit $10 in 2025? Analysts point to potential breakout
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Can XRP hit $10 in 2025? Analysts point to potential breakout

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

XRP eyes $10 target for 2025 as analysts cite bullish patterns, rising adoption, and legal clarity as key drivers.

XRP is currently trading near $0.50, and bullish energy is returning to the market. According to updated market data, traders are taking note after well-known analysts who predicted XRP’s previous 600% rally issued a bold new target: $10. The catalyst? Growing institutional interest and potential regulatory clarity.

This forecast builds on strong technical signals, as XRP is forming a similar pattern to its pre-2021 breakout. The recent surge in on-chain activity and network growth supports the view that XRP may be on the verge of another major move. Optimism is also rising around Ripple’s legal positioning, fueling investor confidence as 2025 unfolds.

$10 target backed by historical cycles

The analyst behind the $10 prediction points to cyclical behavior in XRP’s past rallies. When similar consolidation patterns formed in the past, explosive upside followed within months; if history repeats, XRP could see its price multiply in a short window, especially if market sentiment flips bullish across the board.

With positive signals aligning, XRP’s technical and fundamental setup is making it one of the top altcoins to watch. And as excitement around XRP builds, investors are also scouting other breakout contenders.

Enter Pepeto: Where meme utility meets real tech 

While XRP works toward regulatory clarity, projects like Pepeto are seizing early momentum. Pepeto is gearing up to unveil a demo version of its zero-fee exchange in just two days. The platform features built-in bridge tech that allows for swaps between Ethereum, Solana, and BNB chains.

📣 Announcement 📣 :

PEPETO EXCHANGE DEMO VERSION IS READY, SET TO BE DISPLAYED IN PEPETO OFFICIAL SOCIALS, IN LESS THAN ONE WEEK – APPLICATION FOR LISTING VIA OFFICIAL WEBSITE WILL RESUME AFTERWARDS –

Comment – $PEPETO is the God of all frogs- if you are all set up and ready… pic.twitter.com/29jey8Oqrg

— Pepeto (@Pepetocoin) June 6, 2025

Why Pepeto Matters:

  • Exchange lists meme tokens with zero fees on pepeto.io.
  • Cross-chain swapping enabled via advanced bridge tech.
  • Staking yields up to 278% APY.
  • Over $5.3 million raised in presale.
  • Strong narrative and solid community foundation.

Pepeto’s story also carries intrigue: some believe a former Pepe co-founder, ousted early on, is now behind Pepeto, adding missing tech layers to the frog coin legacy. With real features and increasing market attention, Pepeto is a rare blend of hype and long-term promise.

Wall Street Ponke: The smarter meme bet 

Another project making serious moves is Wall Street Ponke. Backed by $300k in VC funds, it’s combining meme appeal with real-world tools to protect and educate traders.

What Wall Street Ponke offers:

  • AI-driven tools that monitor whale activity
  • Crypto learning center for traders of all levels
  • Risk detection systems to prevent manipulation
  • Strong community and detailed roadmap
  • Major marketing campaign underway for next listing

With XRP heating up and new projects like Pepeto and Wall Street Ponke adding value, 2025 could be the year early investments turn into life-changing gains. Keep watching closely — fortunes are often made by those who get in early.

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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Solana, XRP and Dogecoin ETF Approvals in 2025 Are a Near Lock, Analysts Say

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In brief

  • Top analysts are near-certain that numerous crypto spot ETF applications, including Dogecoin, Solana, and XRP, will be approved by year’s end.
  • James Seyffart, an ETF analyst at Bloomberg, said the approvals could come next month or by the late fall—but that regardless, the question at hand is now “when not if.”
  • Other altcoin ETFs expected to begin trading on Wall Street include Litecoin, Cardano, Polkadot, and Avalanche.

Two top Wall Street analysts are confident many top altcoins ETFs will imminently be approved for trading—so confident, they’ve now estimated the likelihood of such spot approvals coming before the end of the year at almost 100%.  

Solana, XRP, and Litecoin spot ETFs are near-locks at 95% odds of approval from the U.S. Securities and Exchange Commission by the end of 2025, the analysts, Eric Balchunas and James Seyffart of Bloomberg, wrote Friday. 

Dogecoin, Cardano, Polkadot, Hedera, and Avalanche spot ETF applications are also sitting quite pretty, according to the analysts, with 90% chance of approval by year end.

If the above altcoin ETF applications receive an SEC green light in the coming months, then the development would mark a substantial milestone in the history of Wall Street. Thus far, the agency has approved only two categories of crypto spot ETFs: Bitcoin and Ethereum.

The success of those funds has spurred additional demand for crypto-focused ETFs and other related investment products. Spot Bitcoin ETFs now manage well over $100 billion in assets, with BlackRock’s iShares Bitcoin Trust (IBIT) reaching $70 billion in AUM faster than any fund in history, based on company data. 

Crypto’s two top tokens have long been considered to belong to a league of their own in terms of legitimacy, stability, and staying power, and even their approval for mainstream trading was no easy feat. 

Among the current batch of contenders for spot ETF trading are tokens that have significantly smaller market values and less established reputations than Bitcoin and Ethereum. 



Dogecoin, for instance, is the world’s first meme coin; Avalanche is the native token of a network that boasts less than 2% of the total value locked on Ethereum. DOT, the native token of the Polkadot blockchain, boasts a market capitalization of just $5.2 billion, compared to $293 billion for ETH and $2.06 trillion for BTC, according to data provider CoinGecko.

Should spot ETFs of such altcoins begin trading on Wall Street, that would mean that traditional financial institutions and retail investors would be able to gain direct exposure to the tokens, which have historically been volatile. Issuers of spot ETFs actually buy and store the cryptocurrencies represented by the financial products on behalf of clients. 

Ric Edelman, founder of the Digital Assets Council of Financial Professionals, told Decrypt it was a foregone conclusion that crypto ETFs would explode as soon as President Donald Trump, who campaigned avidly as a pro-crypto candidate, was reelected last fall. 

“It is regarded as inevitable that we’ll see many other single-asset and multi-asset ETFs of digital coins and tokens,” Edelman said. “The Bitcoin and Ethereum ETFs will prove to have been merely the first.”

“And all that’s just the start,” he continued. “Tokenization is underway and once all assets are tokenized, there will be thousands of ETFs, or their tokenized equivalents, launched. It’ll be the biggest explosion of investment opportunities ever.”

The Bloomberg analysts’ confidence that the SEC may soon approve so many crypto ETFs beyond BTC and ETH stems in part from the agency’s openness to engage with requests to list them in recent months—requesting updated details and public comments on numerous applications.

The applications have been filed by several Wall Street firms, ranging from crypto-centric investment managers like Grayscale to TradFi stalwarts including Fidelity and Franklin Templeton. 

“Engagement from the SEC is a very positive sign in our opinion,” Bloomberg’s Seyffart said. 

Another factor that has likely increased the odds of imminent spot ETF approvals for the altcoins in question is the fact that, in recent months, the CFTC has approved futures markets for all of them. Futures ETFs track the prices of derivatives contracts for assets, but do not involve the actual buying or selling of the underlying asset.

While the Bloomberg analysts are confident that altcoin spot ETFs will garner approvals before the end of the year, the exact timing remains uncertain. Seyffart said they could come in the next month, or perhaps not until the late fall—but that at this point, the question is a “matter of when not if.” 

Brian Rudick, chief strategy office at Upexi, a publicly traded Solana-focused treasury company, told Decrypt that while ETF approvals for certain altcoins with lower trading volume may not necessarily result in immediately higher demand for those tokens, Wall Street debuts could have a dramatic price impact on more popular tokens like Solana.

“While demand for ETFs on long-tail alts may not materialize, ETFs based on top assets like Solana will likely see strong inflows and may act as a large positive catalyst for the price of the underlying token,” Rudick said. “Indeed, the spot ETFs were the main reason the price of Bitcoin more than doubled from when BlackRock applied for a spot Bitcoin ETF in mid-2023 through the exceptional inflows over the first six months after launch.”

Edited by James Rubin

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NFT Gaming

Bloomberg Analysts See 90% Chance SEC Clears Most Crypto ETFs Filings

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Odds are stacked that the U.S. Securities and Exchange Commission approves most of the filed crypto exchange-traded funds, including the various XRP ETFs, by their respective deadlines, according to Bloomberg Analysts James Seyffart and Eric Balchunas.

“We are raising our odds for the vast majority of the spot crypto ETF filings to 90% or higher,” Bloomberg Intelligence’s James Seyffart said in a post on X. “Engagement from the SEC is a very positive sign in our opinion.”

According to the analysts, ETFs for assets like Litecoin, Solana, XRP, Dogecoin, and Cardano all now sit at or above the 90% mark.

(Bloomberg)

These estimates reflect growing optimism from ETF specialists following a wave of 19b-4 acknowledgements and S-1 amendment requests from the Securities and Exchange Commission.

Analysts view this back-and-forth process as a signal that the SEC is now more willing to work with issuers.

The only asset lagging behind is SUI, filed solely by Canary. Bloomberg assigns it a 60% chance of approval, citing a lack of regulated futures and regulatory uncertainty.

Bettors on Polymarket are also feeling optimistic.

(Polymarket)

They are giving a 98% chance that an XRP ETF gets approved this year, and a 91% chance a SOL ETF gets the green light. It’s also likely that a DOGE ETF gets a go-ahead, with bettors giving that a 71% chance of happening.



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Odds of SOL, LTC, XRP ETF approval stand at 95%: analysts
NFT Gaming

Odds of SOL, LTC, XRP ETF approval stand at 95%: analysts

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The chances of the U.S. Securities and Exchange Commission approving spot cryptocurrency exchange-traded funds for Solana, Litecoin and XRP in 2025 have increased to 95%, Bloomberg ETF analysts James Sayffart and Eric Balchunas say.

Seyffart and Balchunas shared the new forecasts in an updated outlook posted on X on June 20,2025.

As well as the high odds for a SEC approval for Solana (SOL), Litecoin (LTC) and XRP (XRP), other crypto ETF filings also have high chances of approval in 2025.

These include Dogecoin, Cardano, Avalanche, Hedera and Polkadot at 90% chances of approval in 2025.

Seyffart and Balchunas also assigned a 95% probability of approval within the next six months to crypto basket or index ETF filings by Grayscale, Hashdex, Bitwise, and Franklin Templeton. Notably, many of these applications are approaching their final SEC deadlines in early July.

SEC’s positive engagement key

Seyffart notes that their decision to raise the odds that the regulator gives a nod to most of the spot crypto ETF filings is down to “engagement from the SEC.” The ETF analysts see developments as “a very positive sign.”

The SEC has already acknowledged the 19b-4 forms for these applications and likely views the underlying altcoins as commodities, the analysts noted. They also pointed to Commodity Futures Trading Commission-regulated futures markets that already exist for many of these assets.

As for timing, analysts say approvals could arrive within weeks or closer to final deadlines later this year. Most applications have their final SEC decision dates in October and November.

“The timing of these approvals/launches is more uncertain,” Seyffart wrote on X. “Could be something we’re talking about in the next month or two. Or it could be something that waits until October or later.”

Despite the uncertainty around timing, the ETF experts believe it’s a “matter of when, not if.”



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NFT Gaming

Bitcoin Bounces to $106K After Iran-Israel Jitters, but Analysts Warn of Deeper Pullback

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The crypto market is slightly bouncing back from early Friday’s jitters on escalating conflict between Israel and Iran.

After slumping to the $102,600 mark, bitcoin

rebounded to around $106,000 before fading lower in the U.S. afternoon hours with reports about a fresh wave of airstrikes targeting Iran. The top cryptocurrency was down 1.6% in the last 24 hours, changing hands at $105,200 and still less than 6% shy of its all-time high price.

Meanwhile, the CoinDesk 20 — an index of the top 20 cryptocurrencies by market capitalization, excluding memecoins, stablecoins and exchange coins — has lost 4.4% in the same period of time. Tokens such as ether

, avalanche and toncoin were the hardest hit, slumping between 6% and 8%.

Crypto stocks, however, aren’t doing too hot. Most equities are in the red, especially bitcoin miners MARA Holdings (MARA) and Riot Platforms (RIOT), down 5% and 4% respectively. A notable exception is stablecoin issuer Circle (CIRCL), which is still benefiting from the windfall of its recent IPO; the stock is up 13% today, with news of retail giants Amazon and Walmart reportedly exploring stablecoins adding to the momentum.

Traditional markets don’t seem overwhelmingly concerned by the war. While gold is up 1.3%, potentially gearing up for new all-time highs, the S&P 500 and Nasdaq are only down 0.4% each.

What’s next for bitcoin?

“Nice bounce thus far and lack of follow-through lower,” well-followed crypto trader Skew said in a Friday X post. Market participants will likely remain cautious through the weekend with BTC tightly correlated with traditional markets amid heightened geopolitical risks, Skew added.

On the longer timeframe, some analysts see risks of a deeper pullback.

10x Research founder Markus Thielen noted that BTC’s drop below $106,000 translates to a failed breakout, and traders should wait for more favorable setups before rushing to buy the dip.

(10x Research)

He highlighted the $100,000-$101,000 zone as key support, warning that a break below could mark a return to the broader consolidation phase similar to last summer.

John Glover, chief investment officer at bitcoin lender Ledn, argued that bitcoin entered a corrective phase from its record highs that could see the largest digital asset drop to $88,000-$93,000.

Bitcoin’s potential corrective phase in a larger uptrend, per John Glover (Ledn/TradingView)

He said the $90,000 level could offer a favorable entry for opportunistic investors before BTC resumes its uptrend.

“Once this pattern has played out, the next move higher to the $130,000 area is expected to begin,” he said.



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Xrp To Skyrocket Analysts Target $20-$27 Price In Next Bull Run.
GameFi Guides

Analysts Target $20-$27 Price in Next Bull Run

by admin



A popular crypto analyst known as Egrag Crypto has predicted that XRP could soar to between $20 and $27 in the next major bull run. In a post on X (formerly Twitter), he called this price zone the “Guardian Arch” and described it as a key target for XRP holders. EGRAG shared that a “measured move” in his chart points to $20, but he believes XRP could push higher before facing a massive drop. 

#XRP – The Guardian Arch ($20-$27): Key Targets and Strategy

By now, you should understand what I mean about targeting double digits. But please, I urge you, don’t wait for just one target to sell. Always take profits rationally and set clear, specific targets. I can’t stress… pic.twitter.com/ORiSEszwic

— EGRAG CRYPTO (@egragcrypto) June 9, 2025

“The measured move suggests $20, but I believe the next bullish phase could be harsh and might drop like the 2021 bear market—around 86%.” He said. If XRP hits $27, he warned it could fall back to around $3 in the following bear market.

He urged his followers to take profits smartly and not wait for just one price to sell. “Always take profits rationally and set clear, specific targets. Don’t rely on one target, have a plan to exit,” he wrote. 

According to the analyst, Guardian Arch could act as a marker for the next big top and bottom, a “portal to double digits.” as he describes it. Meanwhile, another analyst, Good Morning Crypto (@AbsGMCrypto), gave a similar outlook last week and backed it with some fundamental events. 

He predicted XRP could hit $5 to $15 by the end of 2025, and possibly reach $26.50 by 2030. He said this would be possible thanks to better rules that are coming into the market and a growing list of Ripple partnerships. 

Right now, the overall trend of the chart is bullish. XRP is trading for $2.26, just 0.80% over the last 24 hours, according to CoinMarketCap. The price has been consolidating between $1.61 and $2.70 for the past few months. 

XRP broke out of an inverse head and shoulder pattern on May 8. With strong momentum, the price surged up over 25% before tapping off a resistance zone. Following that, the price retraced to the demand zone which caused the initial surge.

XRP seems to have built momentum since it took liquidity from the demand zone and is currently trading to the upside. If the price breaks out of the resistance zone at $0.74, we could see a rally like the analyst has predicted.

Also Read: XRP Lawyer Says Buying Bitcoin at $106K Is Safer Than $25K





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