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Cardano Bullish Bets: Daily Trading Volume Explodes With ETF Listing Buzz – What To Know

by admin September 19, 2025

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

In the ongoing wave of bullish sentiment flooding the broader cryptocurrency market, Cardano (ADA) is benefiting from the renewed upward action as its price draws closer to the $1 mark. ADA’s current fresh rally appears to have sharply bolstered the mood of investors, with massive capital observed flowing into the leading altcoin and blockchain.

A Surge In Cardano’s Market Activity

Once again, Cardano has reclaimed $0.9 threshold as the altcoin gains notable bullish traction. Alongside this newfound upside strength in price, the major blockchain has experienced a surge in its activity in the past day.

TapTools reported this surge in market activity in a recent post on the social media platform X, which reflects heightened investor engagement. The development also underscores growing conviction in the blockchain’s long-term potential as both traders and institutions swoop in to take advantage of its recent momentum.

Data shared by TapTools shows that Cardano’s daily trading volume exploded following its bullish price action, surpassing a staggering $2.5 billion. In addition to highlighting the blockchain’s growing market position, this substantial volume suggests shifting dynamics within the general crypto landscape.

Source: Chart from TapTools on X

According to the platform, this significant growth in trading volume coincides with the anticipation of its Exchange-Traded Fund (ETF) listing. Considering the trend, it seems investors are positioning themselves for what could be a game-changing moment in the altcoin’s journey.

With anticipation running high, the likelihood of the Cardano Spot ETF getting approval from the United States Securities and Exchange Commission (SEC) has experienced a sharp uptick in the last few days. Such a development signals rising confidence from institutional players and the crypto community toward approval, expected to occur in October this year.

TapTools has shared a recent chart from leading prediction platform PolyMarket, which reveals that the odds for an ADA spot ETF are now positioned at 89%. The percentage marks an all-time high supported by its strengthening fundamentals, and rising calls for greater diversification in cryptocurrency investment products.

ADA’s Price Building Momentum For A Rally

With Cardano ETFs’ potential growing and the network rising, ADA might be gearing up for the next major upswing in the crypto market. Several well-known crypto analysts, such as Ali Martinez, are predicting an extension of its current rally beyond the $1 price level.

After examining Cardano’s price action in the daily time frame, Ali Martinez revealed that the altcoin is holding strongly above a key support, suggesting strong buying pressure. Should the bulls manage to maintain this momentum and push the price higher, the expert foresees a move toward the next key targets at the $1.15 and $1.25 range.

In another X post, Martinez outlined the reappearance of a bullish pattern seen in 2020 that led to a significant price surge. According to the expert, ADA seems to be mirroring this trend from the last cycle and is likely to experience a similar rally. As a result, Martinez has declared the ongoing bull rally is still in its early stages.

ADA trading at $0.90 on the 1D chart | Source: ADAUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

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September 19, 2025 0 comments

GameFi Guides

Bank of Japan's Historic ETF Unwind Sparks Market Sell-Off, Dip in Crypto

by admin September 19, 2025

The Bank of Japan (BOJ) spooked markets Friday by announcing it will begin unwinding its $250 billion in exchange traded funds (ETFs) and Japanese Real Estate Investment Trusts (JREITs), assets it accumulated since 2010 as part of its ultra-loose monetary policy.

Under the plan, the central bank will sell ETFs with a book value of ¥330bn ($2.2 billion) annually, equivalent to ¥620bn ($4.2 billion) at market prices. BOJ Governor Kazuo Ueda stressed the pace would be deliberately slow, noting it would take more than a century to fully dispose of the holdings.

The announcement came alongside a decision to hold the bank's benchmark rate at 0.5% by a 7-2 split vote. Uncertainty over the next rate decision, with two members pushing for an immediate hike, has raised expectations of tightening as soon as October. Japan’s core CPI rose to 2.7% in August, well above the BOJ’s 2% target.

The Nikkei fell over 1% on Friday, while Japan’s 10-year JGB climbed to 1.64%. Crypto dipped alongside, with bitcoin falling back to just above $116,000 after threatening the $118,000 hours earlier.

The move comes against a fragile backdrop. As CoinDesk has reported, Japan’s debt-to-GDP ratio sits near 240%, with bond yields at multi-decade highs. Rising borrowing costs could pose a serious risk to fiscal sustainability.

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September 19, 2025 0 comments

GameFi Guides

Grok Predicts XRP Price After Spot ETF Sees Crazy Demand: PEPENODE to 10x Soon?

by admin September 19, 2025

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

For months, crypto institutions and enthusiasts were on their toes waiting for an XRP ETF, believing it would mark one of the biggest steps forward not just for Ripple’s native crypto but for the entire market.

And boy, were they right! The REX-Osprey XRP ETF launched on the Cboe BZX Exchange under the ticker $XRPR, breaking several records on day one of trading.

By the end of the day, $XRPR had clocked $37.75M in volume, the highest ever for an ETF on its first day.

Read on as we unpack XRPR in detail and explore what it could mean for its underlying token $XRP. We’ll also highlight the best crypto to buy now (spoiler alert: it’s PEPENODE) to make the most of this opportunity.

Let’s Dig Into Some XRPR Technicals

It’s worth noting that $XRPR is structured under the Investment Company Act of 1940 in partnership with REX Shares and Osprey. This is why $XRPR isn’t a ‘pure’ spot ETF but instead employs a ‘hybrid’ arrangement.

This means that, instead of exclusively holding $XRP, the fund allocates at least 40% of its capital into other XRP-linked ETFs or ETPs, while part of its assets are managed via a Cayman Islands subsidiary.

Despite these technical quirks, $XRPR blew past all expectations at launch.

According to Eric Balchunas, most crypto ETFs only see around $1M in first-day volume. $XRPR topped that by 37 times, a clear indicator of strong market demand.

XRPR Sets $XRP’s Path to $4

It’s a no-brainer that the primary beneficiary of the XRP ETF movement is the $XRP token itself. It’s already up 10% this month, but the million-dollar question is: where to next?

To gain an objective view of XRP’s price prospects, we turned to Grok. With direct integration to X, Grok has access to real-time updates, price movements, and even community sentiment.

The AI highlighted that XRP recently broke out of a descending triangle formation, signaling a continuation of its September surge.

Back in July, $XRP rallied 66% in three weeks before undergoing a minor correction. This fresh breakout suggests $XRP could reclaim its previous all-time high of $3.6614 and push toward the $4 mark.

And no, Grok didn’t pull out this $4 target out of thin air; it’s based on technical analysis.

According to the technical analysis playbook, we can measure the width of the descending triangle (blue box) and project it from the breakout level to arrive at a target – which, in this case, is $4.

Beyond fueling XRP’s surge, XRPR’s strong debut could also accelerate approval of other spot XRP ETF proposals currently pending with the SEC, many of which could be greenlit within the next two months.

Beyond XRP: Where the Bigger Opportunity Lies

While XRP and XRP-backed ETFs have shown promising upside, there’s more to this rally than meets the eye. The real game-changer lies in identifying high-potential, low-cap coins that haven’t yet gone mainstream.

Today’s top pick? PEPENODE ($PEPENODE). It’s a gamified mining experience that blends fun with real earning potential.

PEPENODE makes crypto mining accessible to everyday users by letting them build virtual mining rigs and earn rewards, all without expensive hardware or sky-high energy costs.

Read on as we explore why Grok believes PEPENODE could be the next crypto to explode.

What is PEPENODE?

PEPENODE is a mine-to-earn meme coin that brings the thrill and fun of meme coin mining in the virtual world.

Mining meme coins isn’t cheap. It requires expensive hardware and substantial daily running costs, which is why not everyone can become a miner.

However, PEPENODE gives you the opportunity to build a virtual mining rig and earn rewards in the process.

It’s a gamified experience that feels realistic with dashboards that show hashrates, energy, and rewards – all without the hefty electricity bills attached to crypto mining.

How to Mine Tokens on PEPENODE

When you purchase your first $PEPENODE, you start with an empty server room. Think of it as a blank canvas that you paint over using a mix of investment and skill.

You’ll need to buy ‘nodes’ using $PEPENODE. Each node boosts your rig’s mining capacity, and the more nodes you buy and set up in your server room, the more rewards you’ll generate.

Now, here’s the interesting part: you can combine and synchronize nodes to increase mining capacity, making the experience even more fun.

Each node pairing has a different effect, giving you plenty of freedom and opportunities to experiment with various combinations.

These nodes can be purchased, upgraded, and even sold. You start with a basic mining setup and can upgrade all the way to massive mining farms – just like in a video game.

The difference is that, unlike gaming, you earn real rewards in the form of $PEPENODE, $FARTCOIN, and $PEPE.

Why Should You Buy $PEPENODE Now?

When you buy other presale tokens, you usually just hold them and wait until listing. At most, you can stake them for some additional rewards.

But with $PEPENODE, the rewards start piling up when you make your first purchase and start building your rig.

PEPENODE also rewards early adopters, as nodes purchased early have a higher mining capacity. The earlier you invest, the more powerful and rewarding your rigs can become.

And if you have extra $PEPENODE after building your rig, you can stake them to earn an additional reward of 1,018% p.a. (currently).

This rate will decrease as the presale progresses, so the earlier you join, the higher your returns.

Currently in presale, $PEPENODE has already raised over $1.3M from early investors, with each token priced at just $0.001066.

Check out PEPENODE’s official website to learn more about its unique mine-to-earn mechanism.

Disclaimer: None of the above constitutes financial advice. The crypto market is highly volatile and unpredictable, so kindly do your own research before investing.

Authored by Krishi Chowdhary, Bitcoinist — https://bitcoinist.com/grok-predicts-xrp-price-after-etf-sees-crazy-demand-pepenode-10x

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September 19, 2025 0 comments

Crypto Trends

Rex-Osprey’s XRP ETF Beats IVES In Biggest 2025 ETF Launch

by admin September 19, 2025

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

Rex-Osprey’s new XRP exchange-traded fund finished its debut session with $37.7 million in trading volume, edging out Wedbush’s Dan Ives AI fund (ticker: IVES) for the largest “natural” day-one dollar volume of any 2025 ETF launch, according to Bloomberg Intelligence’s Eric Balchunas. He added that the firm’s Dogecoin product (DOJE) closed at $17 million, a tally that would rank among the top five debuts this year out of roughly 710 launches.

“XRPR traded $37.7m on Day One, which edges out IVES for the biggest day one (natural) $ volume of any 2025 launch. $DOJE is no slouch at $17m, which would be Top 5 for year.. out of 710 launches. Good sign for the onslaught of 33 Act ETFs coming soon..,” Balchunas wrote via X.

The early order flow was striking. Within 90 minutes of the opening bell, the XRP fund had already crossed $24 million in turnover—“5x more than any of the XRP futures ETFs did on Day One,” Balchunas noted. “SEMI-SHOCK: Rex XRP ETF is already at $24m in volume.”

For Dogecoin, the first hour wasn’t less spectacular. “My over/under got destroyed in the first hour of trading as DOJE already posting nearly $6m in volume. That’s shockingly solid.. Most ETFs trade under $1m on Day One,” Balchunas noted via X.

Why The XRP And Dogecoin ETF Are Big Surprises

Both funds list on Cboe and trade under the tickers XRPR and DOJE (Dogecoin). They are not structured like the 1933 Act spot bitcoin and ether ETFs; instead, they launched under the Investment Company Act of 1940, a framework that carries “stricter limits” and a different exposure design.

Prior to both launches, Balchunas set the expectation bar quite because of that: “The fact that’s it 40 Act and not 33 Act (and is not big boy issuer) could diminish interest a bit relative to other crypto first evers. We’ll soon find out.”

Surpassing IVES matters because the Dan Ives Wedbush AI Revolution ETF has been one of 2025’s breakout thematic launches. While Balchunas used “natural” to describe the record—his term for organic first-day trading rather than seeded prints—his comparison underscores that XRPR’s debut bested a widely watched, high-velocity AI fund. Public materials describe IVES as a June 2025 launch tracking a Solactive AI index.

The robust openings land alongside a pivotal regulatory shift. On September 18, the SEC approved generic listing standards across major US exchanges for spot commodity ETPs, streamlining the path for crypto products beyond bitcoin and ether. In tandem, the agency approved Grayscale’s Digital Large Cap Fund to list, tracking a CoinDesk index of five assets. The move is widely expected to catalyze a wave of additional crypto ETFs.

ETF strategist Nate Geraci flagged that an index-based, multi-asset spot crypto ETF was imminent: “Looks like first index-based spot crypto ETF launches tomorrow… Grayscale CoinDesk Crypto 5 ETF. Holds btc, eth, xrp, sol, & ada. IMO, index-based & actively managed spot crypto ETFs will be met w/ *significant* demand, esp from financial advisors. Will be *huge* category.”

At press time, XRP traded at $3.04.

XRP retests the 0.786 Fib, 1-day chart | Source: XRPUSDT on TradingView.com

Featured image created with DALL.E, chart from TradingView.com

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September 19, 2025 0 comments

NFT Gaming

Crypto Market Prediction: Can XRP Hit $4.20? Bitcoin Eyes $130,000 All-Time High, Dogecoin ETF Could Spark Meme Coin Euphoria

by admin September 19, 2025

The Fed’s first rate cut in years has set the scene for what could be a pivotal week for cryptocurrencies. With stablecoin reserves stacked and risk appetite alive and well, major and meme coins alike are preparing for their next tests: XRP is eyeing $4.20, Bitcoin is pushing toward $130,000 and Dogecoin is gearing up for its first ETF listing.

XRP on verge of $4.20 breakout

XRP is trading at $3.12 on the weekly time frame, which is good news as it is holding above every key moving average. These are the 26 EMA at $2.65, the 50 MA at $2.28, the 100 EMA at $1.73 and the 200 EMA at $1.24. What we can see here is that the structure is not only intact but also building strength. It is the kind of chart that does not look tired yet, even after a 700% run from $0.50 to $3.50 earlier this year.

XRP/USD Chart by TradingView

The number in focus now is $4.20. That level was marked as the breakout checkpoint when XRP was consolidating inside its triangle, and it is back on the radar as the next step that makes sense. If it is cleared, it will create space for much higher targets, and that is where the debate begins.

Bullish scenario:

A break through the $3.80-$4.20 range is a sign that the market is moving from resistance to support.
If the price goes above that zone, traders who follow momentum are likely to push it to $5.00, with some already thinking that $6.90 might be the next price.
With golden crosses stacking and no sign of exhaustion on weekly candles, this path looks realistic if liquidity keeps rotating into majors.

Bearish scenario:

Failure to break through the $3.50-$3.80 range will stop the rally and keep XRP price in a period of stability.
A drop under $2.90 pulls the price toward the 26 EMA at $2.65, a level that will become a make-or-break threshold for bulls.
Lose it, and the breakout thesis stalls, forcing a return to the old range.

Right now, $4.20 is the key number that everyone involved in the market is watching.

Bitcoin gears up for $130,000 push

Bitcoin is trading at $117,350 on the weekly chart, and the surrounding discussion has not changed much. Is it the inflation hedge that justifies the “digital gold” label, or is it still Nasdaq’s unruly cousin, moving faster when liquidity is pumped back into risky assets?

BTC/USDT Chart by TradingView

The Fed’s rate cut does not settle the debate, but it provides arguments for both sides; uncertainty over inflation is supportive of gold as a hedge, while easier monetary policy also fuels tech-style beta trades. The important thing right now is that BTC is trading just below the $118,000-$120,000 range, which is the only real barrier left before the conversation begins to focus on a new price record.

Bullish scenario:

Break through the $118,000-$120,000 range and the chart will start to aim directly for $125,000, with $130,000 clearly marked as the next all-time high.
Support is strong in the weekly structure: 26 EMA at $107,000; 50 MA at $98,000; 100 EMA at $81,000 and 200 EMA at $63,000. This layered support makes every dip look like an opportunity for large investors to buy more.
The RSI is not overheated, leaving room for the price to climb without triggering alarms.

Bearish scenario:

Should Bitcoin continue to stall below $120,000, there is a risk of it becoming trapped in a sideways grind rather than taking the next step.
Losing $114,000 would shift the focus back to the $107,000 support level. If it falls below that, the outlook will quickly change, exposing $98,000 as the next test.
This would not kill the long-term trend, but it would delay the path to $130,000 and force another consolidation round.

Right now, the $120,000 mark is what everyone is focusing on — and once it has been reached, it will not take much to convince the Bitcoin market to rise further.

Dogecoin ETF fuels meme coin bulls

The price of Dogecoin is currently at $0.282 on the weekly chart, and for the first time in a long time, the narrative is not being driven by memes. The REX Osprey Dogecoin ETF (DOJE) is set to be listed this week, offering DOGE a level of institutional exposure it has never had before.

Whether or not the product attracts serious investment is almost secondary; the market usually reacts to the idea first, and that alone could trigger the next round of volatility. Technically, the coin is well positioned for this.

Bullish scenario:

DOGE is holding above all major averages: 26 EMA at $0.241, 50 MA at $0.224, 100 EMA at $0.187 and 200 EMA at $0.152.
Breaking through $0.30 would open the way toward $0.35, a level not seen since the last burst of activity earlier this year.
If the ETF hype continues, the momentum could carry the meme coin further, with $0.40 and even $0.60 becoming realistic targets in a speculative push.
The weekly structure shows consistent accumulation, suggesting that bulls are already preparing for this potential increase.

Bearish scenario:

If Dogecoin fails to break through the resistance band of $0.30-$0.35, the upward momentum will stall.
A dip below $0.24 would bring the 26 EMA back into play, and breaking this level could lead to further declines toward $0.21 and $0.18.
A collapse toward the 200 EMA near $0.15 is not the base case but remains a possibility if the buzz around the ETF fades quickly.

For now, DOGE’s ability to test the $0.30 mark is dependent on the ETF listing providing it with a narrative spark.

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September 19, 2025 0 comments

GameFi Guides

Advances 6% on ETF Anticipation, Treasury Purchase

by admin September 19, 2025

Oracle network Chainlink’s (LINK) native token surged 6% over the past 24 hours crossing $24.5 on Thursday as crypto prices climbed higher with altcoins outperforming.

The price action happened as large-cap altcoins led crypto markets higher in anticipation that spot-based ETFs could hit the market soon with the SEC approving general listing standards.

That could include Chainlink’s LINK, too, with several applications filed earlier this year and LINK futures being traded on U.S.-regulated exchanges like Coinbase Derivatives.

Caliber (CWD), a public wealth management firm that adopted a Chainlink treasury reserve asset initiative, said on Thursday it bought $6.5 million worth of tokens as part of its digital asset strategy.

The Chainlink Reserve also purchased on Thursday another 43,000 LINK ($1.05 million) as part of the initiative to buy tokens using revenue from protocol integrations and services, similar to public companies’ share buyback programs.

Since August, the reserve has accumulated a total of 323,116 tokens, worth $7.9 million, data shows.

Technical Analysis

The technical indicators underscore LINK’s gaining momentum, according to CoinDesk’s Research’s technical analysis data.

Robust support established at $22.82 with high-volume confirmation of 5.56 million units, significantly surpassing the 24-hour average of 1.48 million.
Multiple resistance levels breached including $24.16 and $24.42, demonstrating sustained purchasing pressure.
Ascending low formations throughout the recovery phase indicating consistent upward momentum.

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September 19, 2025 0 comments

GameFi Guides

XRP Climbs as First US Spot ETF Sees Serious Demand

by admin September 18, 2025

In brief

The first American spot ETF giving exposure to XRP debuted on Thursday.
Bloomberg analyst Eric Balchunas was surprised at the size of the Rex-Osprey XRP ETF’s initial trading volume.
The price of XRP has risen over the last day, and Myriad users believe it’ll keep climbing to a new high of $4.

The price of XRP rose on Thursday after investors rushed into the first U.S. exchange-traded spot fund to give exposure to the coin.

The price of XRP coin recently stood at $3.11 after rising about 2% over a 24-hour period, according to crypto data provider CoinGecko. The asset—the third-largest cryptocurrency in the ecosystem—is about 15% below its July all-time high mark of $3.65.

Its rise comes following Thursday’s debut of the Rex-Osprey XRP ETF by financial institutions Rex Shares and Osprey Funds. The fund is the first to give investors exposure to the Ripple-linked asset, and has already received close to $25 million in trading volume after just 90 minutes of trading.

SEMI-SHOCK: Rex XRP ETF $XRPP is already at $24m in volume. That is way more than I would have thought. For context it’s 5x more than any of the XRP futures ETFs did on Day One and it’s only been 90min. pic.twitter.com/DKIDD6noZF

— Eric Balchunas (@EricBalchunas) September 18, 2025

Bloomberg Senior ETF Analyst Eric Balchunas said on X that he was in “semi-shock” at the volume, which was vastly more than XRP futures ETFs saw in initial trading.

“That is way more than I would have thought,” he added. “For context, it’s 5x more than any of the XRP futures ETFs did on day one and it’s only been 90 minutes.”

XRP was created by the founders of fintech Ripple, and is the native token of the XRP Ledger blockchain. Its network is aimed at institutions or banks that wish to move money quickly.

The Rex-Osprey XRP ETF comes the same day the first ever Dogecoin ETF hits U.S. markets, also by Rex-Osprey: the DOJE ETF.

DOJE has also had a blistering debut and the price of the meme coin has surged on the ETF’s trading. Balchunas also said Thursday that DOJE attracted nearly $6 million in trading volume in the first hour of trading, which he said “destroyed” his expectation of $2.5 million for the day.

Both ETFs are different to the Bitcoin and Ethereum ETFs that hit the market last year in the U.S. The altcoin ETFs offer investors exposure to Dogecoin and XRP via a subsidiary registered in the Cayman Islands that is wholly owned and controlled by the fund.

Rex-Osprey launched the funds via the Investment Company Act of 1940, rather than the Securities Act of 1933 like those aforementioned spot funds. We may see more ETFs for both altcoins and many others soon, however, following a Wednesday SEC order that created generic listing standards for commodity-based funds.

While there’s still room to climb for XRP to hit a new all-time high price, Myriad users believe that it’s more likely to rise and hit a price of $4—a new all-time high—than to fall to $2. Some 60% of users believe it’s headed to $4, with odds growing over the last two weeks.

(Disclaimer: Myriad is a product of DASTAN, Decrypt’s parent company.)

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September 18, 2025 0 comments

NFT Gaming

US XRP ETF Launch Rockets to $24 Million in First 90 Minutes

by admin September 18, 2025

Trading has officially opened for the first U.S. exchange-traded fund offering direct exposure to XRP. Listed on the CBOE under the ticker XRPR, the Osprey REX fund began trading at $25.80 against a net asset value of $25, starting small in scale but setting an important precedent.

With initial assets of $625,000 and 25,000 shares outstanding, the fund provides regulated exposure to one of the world’s most widely traded digital assets via a standard brokerage account.

— Eric Balchunas (@EricBalchunas) September 18, 2025

XRPR holdings are split between CME’s CF XRP-Dollar Reference Rate (59%), CoinShares’ Physical XRP product (39%) and a small cash balance. This means that shares trade in the $25-$26 range rather than reflecting XRP’s price of $3.11 directly on crypto exchanges.

While the design did not surprise many on launch day, the volume did. Within just 90 minutes of trading, XRPR cleared $24 million in turnover, a figure five times higher than that achieved by any XRP futures-based ETF on its entire first day.

What’s up with Dogecoin ETF DOJE?

Also sharing the stage is DOJE, the first U.S. Dogecoin ETF, which has also outperformed expectations. Bloomberg’s Eric Balchunas reported nearly $6 million in volume in the first hour, an extraordinary figure given that most ETFs struggle to exceed $1 million on day one.

Prices fluctuated between $27.11 and $26.43, while spot DOGE was trading at $0.282 on Binance.

The message from day one is clear: even without the support of Wall Street giants such as BlackRock, Osprey’s crypto ETFs have found buyers. XRP now has its first U.S. ETF representation, and Dogecoin has jumped from meme status to that of a regulated product — both achieving this with more force than anyone predicted.

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September 18, 2025 0 comments

Crypto Trends

BTC ETF Inflows Reverse as Fed’s Hawkish Outlook Triggers Market Caution

by admin September 18, 2025

Spot bitcoin BTC$117,347.57 ETFs saw their first daily outflows in over a week on Wednesday, shedding a net $51.28 million, as investors reacted to the Federal Reserve’s unexpectedly cautious outlook on future policy.

The outflow broke a seven-day streak that had brought in nearly $3 billion. Assets under management remain above $150 billion, according to SoSoValue data, but the tone in markets shifted after Fed Chair Jerome Powell emphasized economic uncertainty and signaled fewer cuts ahead than traders had hoped.

As expected, the Fed lowered its benchmark rate by 25 basis points, bringing it to a range of 4.00% to 4.25%, in its first cut of the year. But the real surprise came from the central bank’s updated projections, which indicated just two more cuts in 2025 and fewer in 2026 than markets had priced in.

In a cautious press conference, Powell warned of “elevated” inflation and rising “downside risks” to employment, striking a tone that left traders wary. Markets interpreted the move as a hawkish cut, triggering a mild pullback in risk assets.

Ethereum ETFs also saw redemptions, with net outflows for a second straight day. Withdrawals amounted to $1.89 million following the exit of $61.7 million the day before.

Cryptocurrency prices edged higher. Bitcoin rose around 0.3% in the last 24 hours while ether moved up 1.7%. The broader CoinDesk 20 (CD20) index rose 2%.

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September 18, 2025 0 comments

NFT Gaming

XRP and DOGE Spot ETF Approvals Almost Certain After Key SEC Rule Change

by admin September 18, 2025

Watershed moment
100 crypto ETF launches?

In a stunning win for the industry, the U.S. Securities and Exchange Commission (SEC) has greenlit generic listing standards for various cryptocurrency-based ETFs.

Spot ETFs will be able to launch under the ’33 Act so long as they have futures on Coinbase.

Hence, the tokens that are currently eligible for spot ETFs under generic listing standards include XRP, Dogecoin (DOGE), Stellar (XLM), Avalanche (AVAX), and even Shiba Inu (SHIB).

Watershed moment

Katie Haun claims that the approval reminds her of Grayscale’s case against the SEC. The game-changing DC Circuit, which was issued in August 2023, eventually paved the way for the approval of Bitcoin and Ethereum ETFs.

“At the time, people overlooked the magnitude of that decision and the effect it would have on institutional interest in the space,” Haun said.

Haun has suggested that the market might end up overlooking this development as well.

100 crypto ETF launches?

As noted by ETF analyst Eric Balchunas, the last time the SEC implemented a generic listing standard in 2019, launches ended up tripling. The expert believes that more than 100 crypto launches will take place within the next 12 months.

Earlier this week, Bitwise’s Matt Hogan compared the current state of the market to the Super Bowl pre-game show. He believes that cryptocurrency holders might be on the verge of a “spectacular” end-of-the-year rally due to an uber-bullish mix of surging ETF inflows and the Federal Reserve’s rate cuts.

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September 18, 2025 0 comments