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Dogecoin ETF news
GameFi Guides

Bloomberg Analysts Hint at XRP and Dogecoin ETFs, Here’s What It Means for Investors

by admin September 17, 2025


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

The crypto market is entering a pivotal week as Bloomberg analysts confirm that XRP and Dogecoin exchange-traded funds (ETFs) are on track to launch in the U.S.

The funds, managed by REX-Osprey, have cleared regulatory hurdles under the Investment Company Act of 1940, a pathway that has made approval faster compared to Bitcoin ETFs.

Upcoming XRP and Dogecoin ETFs Boost Optimism

The XRP ETF (ticker: XRPR) and Dogecoin ETF (ticker: DOJE) are expected to debut within days, with Dogecoin’s listing scheduled for Thursday and XRP’s by Friday.

XRP’s price trends sideways on the daily chart. Source: XRPUSD on Tradingview

This will be the first U.S. ETF for Dogecoin, providing traditional investors with access to the meme coin without the need for wallets or direct token ownership. For XRP, the launch signifies a milestone as it becomes the first major altcoin ETF after Ethereum to gain entry into U.S. markets.

Bloomberg’s Eric Balchunas highlighted that the XRP fund will combine direct holdings of the token with exposure to other global spot ETFs. Meanwhile, James Seyffart noted that over 90 additional crypto ETF applications are currently awaiting SEC review, including those tied to Litecoin and Avalanche.

What It Means for Altcoin Investors

The arrival of XRP and Dogecoin ETFs signals growing institutional acceptance of altcoins, moving beyond Bitcoin and Ethereum. Analysts believe these products could attract billions in inflows from retirement funds, brokerage platforms, and traditional investment accounts.

For Dogecoin, the ETF marks a leap from meme culture into mainstream finance. Already, DOGE has seen price momentum around $0.26–$0.28, with whales accumulating heavily ahead of the launch.

Some technical analysts argue Dogecoin is finalizing a bullish chart pattern that could push its price toward $0.35, $0.45, and even $1 if momentum holds.

XRP, on the other hand, is positioned as a utility-driven altcoin with strong liquidity. Its ETF could accelerate inflows into Ripple’s ecosystem, especially if paired with dovish global monetary policies in the coming weeks.

Broader Market Impact

The timing of these ETF launches coincides with key central bank meetings. The U.S. Federal Reserve is expected to cut rates by 25 basis points, while the Bank of England and Bank of Japan will announce decisions within days.

Analysts suggest that if multiple central banks coordinate easing, the result could spark a mega altseason, driving Bitcoin past $120,000 and Ethereum beyond resistance levels.

For investors, the message is clear: XRP and Dogecoin ETFs are not just symbolic victories; they could transform altcoin adoption in traditional finance. Now we wait and see what may unfold over the next ten days.

Cover image from ChatGPT, DOGEUSD 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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September 17, 2025 0 comments
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Altcoins
GameFi Guides

Altcoin Season Index Sets New 2025 High, What This Means For The Crypto Market

by admin September 15, 2025


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The wait for the start of the altcoin season has been a long one, and even now, this market phenomenon remains elusive to investors. It was expected that after the Bitcoin price hit multiple new all-time highs over the last two years, altcoins would follow. Bitcoin continued to outperform the top altcoins by a large margin, and this blocked the way for the altcoin season to begin. However, with the market recovery, there is now a chance that the altcoin season might begin again.

Altcoin Season Index On The Rise

The Altcoin Season index takes into account the performance of the top 100 altcoins versus the performance of the Bitcoin price. This comparison is then charted and plotted over a 90-day period to show how these large-cap altcoins have performed against the pioneer cryptocurrency.

Depending on the number of altcoins that are outperforming Bitcoin in this 90-day period, the index deduces whether the market is headed into an altcoin season or not. Now, the higher the figure on the index, the higher the chances that an alt season might begin. When there are more than 75 altcoins outperforming the Bitcoin price in a 90-day period, then it is the needed signal that the alt season has begun.

In 2025, the Altcoin Season Index has trended low, mostly below the 50% mark. However, with the recent market recovery over the weekend, the index has now achieved its highest level this year, suggesting that an altcoin season is drawing closer.

According to data from the CoinMarketCap website, the Altcoin Season Index is sitting at a score of 67% at the time of this writing. With 75% being the target, it means that the market just needs another 8 of the top 100 altcoins to outperform Bitcoin to use in an alt season.

Source: Coinmarketcap

What To Expect

Previous market performances have shown altcoin seasons to be a period of explosive rallies for altcoins. The last alt season was categorized by notable rallies such as Dogecoin’s 36,000% rise and Shiba Inu’s legendary rally that saw it temporarily flip Dogecoin.

There was also the DeFi summer during this time that ushered the likes of Fantom, Polygon, and Uniswap into the limelight. Given this, it is expected that the next altcoin season will send existing altcoins flying while giving new narratives a chance to outperform as well.

Altcoin market cap holds at $1.69 trillion | Source: Crypto Total Market Cap Excluding BTC on TradingView.com

Featured image from Dall.E, 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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September 15, 2025 0 comments
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S&P 500 One-Month Chart From Google Finance
Crypto Trends

What the Fed’s Sept. 17 Interest Rate Decision Means for Crypto, Gold and Stocks

by admin September 13, 2025



Investors are counting down to the Federal Reserve’s Sept. 17 monetary policy decision; markets expect a quarter-point rate cut that could trigger short-term volatility but potentially fuel longer-term gains across risk assets.

The economic backdrop highlights the Fed’s delicate balancing act.

According to the latest CPI report released by the U.S. Bureau of Labor Statistics on Thursday, consumer prices rose 0.4% in August, lifting the annual CPI rate to 2.9% from 2.7% in July, as shelter, food, and gasoline pushed costs higher. Core CPI also climbed 0.3%, extending its steady pace of recent months.

Producer prices told a similar story: per the latest PPI report released on Wednesday, the headline PPI index slipped 0.1% in August but remained 2.6% higher than a year earlier, while core PPI advanced 2.8%, the largest yearly increase since March. Together, the reports underscore stubborn inflationary pressure even as growth slows.

The labor market has softened further.

Nonfarm payrolls increased by just 22,000 in August, with federal government and energy sector job losses offsetting modest gains in health care. Unemployment held at 4.3%, while labor force participation remained stuck at 62.3%.

Revisions showed June and July job growth was weaker than initially reported, reinforcing signs of cooling momentum. Average hourly earnings still rose 3.7% year over year, keeping wage pressures alive.

Bond markets have adjusted accordingly. Per data from MarketWatch, 2-year Treasury yield sits at 3.56%, while the 10-year is at 4.07%, leaving the curve modestly inverted. Futures traders see a 93% chance of a 25 basis point cut, according to CME FedWatch.

If the Fed limits its move to just 25 bps, investors may react with a “buy the rumor, sell the news” response, since markets have already priced in relief.

Equities are testing record levels.

The S&P 500 closed Friday at 6,584 after rising 1.6% for the week, its best since early August. The index’s one-month chart shows a strong rebound from its late-August pullback, underscoring bullish sentiment heading into Fed week.

S&P 500 One-Month Chart From Google Finance

The Nasdaq Composite also notched five straight record highs, ending at 22,141, powered by gains in megacap tech stocks, while the Dow slipped below 46,000 but still booked a weekly advance.

Crypto and commodities have rallied alongside.

Bitcoin is trading at $115,234, below its Aug. 14 all-time high near $124,000 but still firmly higher in 2025, with the global crypto market cap now $4.14 trillion.

BTC-USD One-Month Price Chart From CoinDesk Data

Gold has surged to $3,643 per ounce, near record highs, with its one-month chart showing a steady upward trajectory as investors price in lower real yields and seek inflation hedges.

One-Month Gold Price Chart From TradingView

Historical precedent supports the cautious optimism.

Analysis from the Kobeissi Letter — reported in an X thread posted Saturday — citing Carson Research, shows that in 20 of 20 prior cases since 1980 where the Fed cut rates within 2% of S&P 500 all-time highs, the index was higher one year later, averaging gains of nearly 14%.

The shorter term is less predictable: in 11 of those 22 instances, stocks fell in the month following the cut. Kobeissi argues this time could follow a similar pattern — initial turbulence followed by longer-term gains as rate relief amplifies the momentum behind assets like equities, bitcoin and gold.

The broader setup explains why traders are watching the Sept. 17 announcement closely.

Cutting rates while inflation edges higher and stocks hover at records risks denting credibility, yet staying on hold could spook markets that have already priced in easing. Either way, the Fed’s message on growth, inflation, and its policy outlook will likely shape the trajectory of markets for months to come.



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September 13, 2025 0 comments
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Bitcoin
GameFi Guides

Bitcoin Taker Volume Explodes On Binance After US PPI Report – What This Means

by admin September 12, 2025


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

Just as the crypto market turns bullish again, Bitcoin’s price appears to have sprung back to life as the largest digital asset reclaims above the $115,000 threshold. Even with news of US PPI reports, BTC maintained above this level, and trading activity on the Binance platform experienced a notable surge.

PPI Report Sends Bitcoin Taker Volume Skyrocketing

Over the past few days, Bitcoin Taker Buy Volume on Binance, the world’s largest cryptocurrency exchange, was a bit down, as BTC’s price struggles with bearish pressure. However, recent macroeconomic news and conditions have greatly ignited the key metric to levels not seen in quite a while.

Darkfost, a market expert and author, has reported a massive surge in Bitcoin taker buy volume on Binance, signaling heightened trading activity and renewed market momentum. Such a sharp uptick highlights a shifting mood as traders position themselves around important price levels and demonstrates vigorous engagement from both buyers and sellers.

It is worth noting that the BTC taker buy volume on Binance saw this dramatic increase following the release of the United States Producer Price Index (PPI) data on Wednesday. After the PPI data was published, the crucial metric that measures investors’ trading recorded a staggering $500 million in taker volume. 

BTC trading on Binance heats up | Source: Chart from Darkfost on X

What’s interesting about this $500 million surge in taker volume is that the massive figure was achieved in just 1 minute. Darkfost highlighted that the surge reflects a sudden and significant change in trading sentiment, demonstrating how susceptible cryptocurrency is to macroeconomic triggers.

Given that liquidity frequently flows straight into Binance’s derivatives market, this further emphasizes the close connection between cryptocurrency and macroeconomics. In the end, this correlation shapes price action in the short term and captures the immediate response of global investors.

US PPI Data Surpasses The Expectations Of Analysts

In the X post, Darkfost noted that the recently released report carries the first data providing insights into the evolution of US inflation following the recent revisions to the NFP. This event unexpectedly eliminated 910,000 job creations, which was more than expected, raising further questions about the strength of the labor market. 

According to the market expert, the PPI results were far better than anticipated, with a CORE PPI YoY of 2.8% and a MoM reading of -0.1%. While clearly beating forecasts from analysts, this data further reinforces the idea that inflationary pressures might be beginning to subside. As a result, the markets immediately reacted on the upside, with Bitcoin in particular.

At the time of writing, Bitcoin continues to demonstrate bullish action, with its price now trading at $115,374. While the crypto asset’s price has increased by nearly 3% in the last 24 hours, its trading volume is slowly turning bearish, declining by more than 6% within the same time frame.

BTC trading at $115,228 on the 1D chart | Source: BTCUSDT on Tradingview.com

Featured image from Pixabay, 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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September 12, 2025 0 comments
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Altcoin
Crypto Trends

Altcoin Market Completes Highest Monthly Close Ever: What This Means For Alt Season

by admin September 9, 2025


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

The crypto market’s next direction has spent recent weeks in uncertainty, with Bitcoin trading below $112,000 and large market cap altcoins moving in unclear directions. Nonetheless, beneath the short-term swings, a major technical shift is quietly unfolding in the altcoin market. 

According to analysis by crypto analyst CrypFlow, the total market capitalization of altcoins (excluding Bitcoin) has just completed its highest monthly close on record. This close could change the conversation around whether a new alt season is about to begin.

Breakout Beyond Previous Cycle Tops

Although August ended with many cryptocurrencies closing below their highs for that month, analysis of the altcoin market cap shows that the altcoin market managed to register its highest monthly close ever. 

Interestingly, crypto analyst CrypFlow pointed to the long-term monthly chart of the altcoin market, which shows how the current rally is building on historical cycle patterns. After the cycle top in 2018 and another in 2021, followed by the 2022 bottom, the chart now shows a close above a breakout line. The breakout line on the chart is the culmination of an upward trend that has been forming since the 2022 cycle bottom, which is connected by a series of higher lows.

Source: Chart from CrypFlow on X

The most recent monthly close is also a breakout above the cycle top in 2021, and the altcoin market now has a total valuation of around $1.6 trillion. This highest monthly close, alongside some bullish divergence indicators, shows that the altcoin market cap may be preparing for a strong rally just like after it closed above the 2018 cycle top back in 2020.

One of the most notable confirmations comes from the MACD, which has just crossed into bullish territory on the monthly timeframe. As noted by CrypFlow, this kind of signal is rare and often precedes large upside moves. Interestingly, the RSI, too, is just above the midpoint, meaning the altcoin market cap still has a long way to go before being oversold.

What This Means For Alt Season

As it stands, the altcoin market is about to enter into a bullish period that could determine the rest of the year. Past cycles have shown that many altcoins typically deliver their strongest performances between October and December. As shown in the chart above, the altcoin market cap also closed above its 2018 in late 2020.

If this late-year trend repeats itself, the current breakout could be the trigger for one of the most decisive altcoin rallies yet. Going by the previous performance in 2020 and 2021, the altcoin market could register multiple bullish candles in the months left in 2025 and the first few months of 2026. This, in turn, could translate into a full-blown altcoin season for altcoins round the board. But this all depends on how large market cap altcoins like Ethereum and XRP perform in the rest of the year.

Overall crypto market cap excluding BTC at $1.62 trillion | Source: TOTAL2 on Tradingview.com

Featured image from Adobe Stock, 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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September 9, 2025 0 comments
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The Saudi Arabian takeover of fighting games' biggest tournament means players - and the wider community - have a choice to make: between its culture and a payout
Game Updates

The Saudi Arabian takeover of fighting games’ biggest tournament means players – and the wider community – have a choice to make: between its culture and a payout

by admin September 8, 2025


Last week, RTS, co-owner of Evo, the biggest fighting game tournament in the world, announced it had been acquired by the Saudi Arabian city of Qiddiya. While far from the sole event of note across the genre, Evo remains a symbol of sorts for the fighting game community. Of all the tournaments, it is Evo that is held in the highest regard. Now, that community must choose between its long-lasting values and the bag.

That bag, one doubtless filled with financial support fighting game’s best players and organisers dearly desire (if not in some cases, outright need), comes with a price of its own. The Saudi Arabian government has in recent years been engaging in a mass sportswashing campaign across the gaming industry, buying up developers and events in order to paint a shining picture of the country. A country that, under this current government, has a history of human rights abuses, is ranked fourth globally on the slavery index, which assassinated the journalist and critic of the Saudi government, Jamal Khashoggi, in 2018, and which still employs state executions as punishment for non-violent criminal acts – those executions surging in 2025.

If the new RTS owners are flanking the tournament from its right, its left is no bastion from government influence either. Sony had until late last month been a co-owner of Evo while also being a major partner of the Saudi Arabian Esports World Cup. Its share was acquired by Nodwin gaming, a notable Indian esports business that, for once, actually has decades of event experience behind it, rather than the usual efforts from newcomers to milk money out of passionate young gaming enthusiasts. Sadly, as of July this year, it’s now also working extensively with the Saudi Arabian government for the country’s Esports World Cup media rights in India.

Here’s a video breaking down the numbers of Evo 2025.Watch on YouTube

How did we get here? The Saudi Arabian venture into the video game industry has gone largely uncontested, save for a few professional players and the Geoguessr community, of all things. The Saudi Arabian government could not have picked a better time to start paying for relatively cheap PR. Esports organisations, having failed to create a source of sustainable income, scared off investors a few years back. This, to put it succinctly, means that the majority of the competitive gaming space right now is hungry for cash, save for a few particular scenes.

If the wider esports space is skint, then the fighting game scene is especially so. For years, the community has kept the arcade spirit alive, maintaining a norm of open-bracket tournaments that allow any aspiring player to sign up and try their luck against the best in the world. This has proven a good thing for steady growth and cultural development; going to a fighting game event is as much a social endeavor for the vast majority of attendees as it is a competitive venture.

The negative consequence of this however is that the competitive fighting game scene remains an especially difficult landscape for pro players to make a decent living. This trade has forced some of the best players in the world to focus on content creation for some financial stability. Bryant “Smug” Huggins for example, a beloved and highly talented player, has focused much of his efforts on YouTube and Twitch, and who can blame him? Sponsoring fighting game players has proven relatively unappealing due to the open bracket format. With the unpredictability an open bracket brings, as a sponsor there is no guarantee that your player will show up on a livestream, let alone on the finals stage. What’s the point in paying a player $10,000 if no one sees your company logo?

Events like Frosty Faustings are great for the typical attendee, but can be brutal for getting a logo on camera. | Image credit: Victoria Hionis / Frosty Faustings

Tournament prize pools help a little but not much for the vast majority of professional players. A Street Fighter 6 player winning the Capcom Cup would win a fantastic $1m – but you can only have one winner. Coming 5th lands you $10,000, nary enough to sustain oneself for a year. Winning Evo 2025, the biggest event in the world, earned Dominican superstar MenaRD $16,932. Hardly superstar money. As a result the majority of players are content creators or live streamers – with the exception of a select few non-competitor figures like Stephen “Sajam” Lyon or Maximilian Miles Christiansen (AKA Maximilian Dood), the players are the influencers.

It is therefore disappointing, but not at all surprising, that when Saudi Arabia burst onto the scene with a bag full of cash, there was little by way of true pushback. Games publishers like Bandai Namco and Capcom appear entirely unbothered by any moral concerns; Saudi Arabia’s investment essentially amounts to a bucketload of free marketing for their games. Likewise, competitive players largely leapt to grab it with both hands. When the Esports World Cup showed up with “life changing money” – the first, held in Riyadh last year, had a total prize pool of more than $60m – those who have dedicated their lives to the genre weren’t exactly in a great position to turn it down.

This brings us to the real point here: that as a result of all this, the everyday people involved in the fighting game scene have been put in a lose-lose position. Take Victor “Punk” Woodley, who is the Evo 2024 Street Fighter champion and a fantastic player – he also dropped out of school to pursue a career as a pro long before any real Saudi involvement in the scene.

Or take Alex Jebailey. Everyone loves Jebailey. The owner and founder of fighting game event CEO, he’s been a tournament organiser since 2010, running both CEO and CEOtaku. Hosting fighting game events is expensive, stressful, and not very profitable. Doubly so these days, with ongoing economic upheaval in the USA that has hurt both wallets and the desire to travel.

This isn’t to single those individuals out – far from it. Instead the question is whether it’s really any surprise that Jebailey, with a company to keep afloat and a family to provide for, has been working on the Esports World Cup as a senior product manager for fighting games? Or that Woodley, having committed everything to fighting games as a career, hasn’t given it up in an instant? The situation with the fighting game community, and indeed much of wider esports, is a world away from that of, say, professional footballers, golfers, or belt-holding boxers – many of whom are multimillionaires already – who have happily made the same decision.

The Saudi Arabian government has proven that money is no barrier to promoting their ventures, even cross-promoting fighting games its invested in. | Image credit: Riyadh

At the same time however, with notable fighting game players readily engaging directly with the Esports World Cup, ground was already ceded for the expansion of Saudi government influence. Likewise criticisms towards those who have taken a stance were numerous, and largely ignorant (or worse). Some would point to the USA’s sins, suggesting that taking a stand against Saudi’s government-funded Esports World Cup was hypocritical if those same people also competed in American events. But Evo and other American events had no government involvement – they were ultimately community events. Many participating in the EWC would argue that engaging directly is the only way to influence change, though a recent Amazon documentary on the EWC blurred out rainbow flags on players’ uniforms. And all the while executions in the country have only increased since the EWC’s emergence – so much for the hopes for a positive impact on human rights.

People might also state it’s good for the region, and would at least develop the competitive gaming community there. Except the EWC is an invitational, focused almost entirely on bringing foreign players in, rather than promoting local talent from the region. To those against the EWC as part of wider support for LGBT folks, they’d state it was perfectly safe for all attendees despite their gender or sexual identity – which may very well be true, but it certainly wouldn’t be true for those an hour down the road. All these justifications fade away with even the slightest of interrogation, and in most cases quickly expose themselves as excuses to make a quick buck without having to stop and question it.

This glitz and glamour is so extravagant and widespread for a reason. | Image credit: Esports World Cup.

This week it was made clear, to even those who were happy not thinking too hard about the wave of sportswashing, that the Saudi Arabian government had no intention of stopping its spending spree. It wants it all. I’m certain there are wonderful people working at Evo, with their heart in the right place and a desire to serve the community just as they have for years. I’m sure Evo Vegas next year will be great fun – we may even see a substantial increase in the prize pools. But the event now is – regardless of their intent – a component in the sportswashing venture. It’s a bummer, but that’s the reality.

There’s no regulatory body to stop this, and no bigger fish (or frankly given the state of esports’ profitability, greater fool) to buy the tournament from its new owners. And so this is unlikely to go away, at least unless the Saudi Arabian government decides competitive gaming isn’t worth the squeeze, or that only a mere handful of fighting game fans will ever actually travel to Qiddiya without getting paid to do so.

The consequences are unavoidable: any diehard fighting game fans, competitive players, and all the wider community members from devs and publishers to event organisers on the ground, find themselves with a decision to make. Stay true to the long-held ideals of the FCG – that any and all are welcome – or take the money with full knowingness of where it’s come from, and what that money truly means. At the very least, it’s time for those who have expressed their displeasure to actually turn those words into action, to support grassroots events – once again – and to carve a line in the sand, though that as always is far from easy. For those who haven’t, it’s now absolutely clear: the time where it was once possible to turn a blind eye to sportswashing in fighting games is absolutely over.



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September 8, 2025 0 comments
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GameFi Guides

What a Digital Euro on Ethereum or Solana Means for Europe’s Monetary Sovereignty

by admin August 27, 2025



In brief

  • The U.S.’s recently passed stablecoin law has heightened pressure on Europe to accelerate digital euro plans.
  • Deploying on Ethereum or Solana could expand global use of the currency, Decrypt was told.
  • Yet privacy, governance and banking stability remain key concerns for officials.

European officials are considering whether to issue the digital euro on public blockchains like Ethereum or Solana, in a departure from earlier plans for a closed, centrally run system.

The debate has intensified in recent weeks ever since the U.S. passed its first stablecoin law in July, giving regulated dollar-backed tokens a head start in global finance.

Ram Kumar, a core contributor at blockchain infrastructure firm OpenLedger, told Decrypt that deploying the euro on a public chain would dramatically expand its reach.



“It would open the euro to the wider crypto economy instantly,” Kumar said. “It could plug into DeFi, global wallets, and cross-border payments without needing to build that infrastructure from scratch.”

Ethereum could offer “programmability and access to a rich developer ecosystem,” Kumar said, while Solana provides “low fees and high throughput that can handle consumer-scale payments.” 

Both, he said, would make the euro more visible beyond Europe in ways a private ledger cannot. 

Kumar added that the U.S.’s stablecoin legislation, dubbed the GENIUS Act, is forcing Europe to move faster. 

“If the dollar gets a head start in digital payments, it risks overshadowing the euro in global finance,” he said.

The Financial Times first reported that officials were considering the use of public blockchains late last week.

Mounting pressure

Still, risks over such a model remain. 

Privacy is the foremost concern, with public blockchains clashing with the EU’s GDPR framework, which includes rights such as data erasure, and the European Central Bank’s stated goal of preserving cash-like anonymity in digital payments.

Technical and governance issues also persist, including Ethereum’s scalability limits, Solana’s reliability record, and the reality that upgrades and validators would remain outside direct state control. 

Policymakers have warned that a widely accessible euro token could pull deposits from banks if not carefully designed.

In April, ECB executive board member Piero Cipollone warned that U.S. stablecoins could move deposits from European banks and strengthen the dollar’s global role.

Measures taken by the new U.S. administration under Trump “to promote crypto-assets and U.S. dollar-backed stablecoins” are raising concerns for “Europe’s financial stability and strategic autonomy,” Cipollone wrote at the time.

An ECB spokesperson told Decrypt its position remains unchanged, pointing to Cipollone’s confirmation in July that a digital euro could be technically ready “in the next two-and-a-half to three years after the legislation is in place.”

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August 27, 2025 0 comments
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What Canary American-made crypto ETF means for altcoins?
GameFi Guides

What Canary American-made crypto ETF means for altcoins?

by admin August 26, 2025



Summary

  • Canary Capital filed for three new crypto related ETFs with the US SEC, including an American-made crypto ETF, on August 25. 
  • The filing document states that the new investment ETF is speculative and high-risk.
  • The firm’s two other filings include the Trump coin and the Staked Injective ETF. 
  • The market capitalization of made in US cryptos is down nearly 5% in the past day.
  • The 24-hour trade volume of the category exceeds $53 million, as of August 26.

Canary Capital, a digital asset and crypto fund manager, filed for an American-made crypto ETF with the U.S. financial regulator, the SEC, fueling speculation of an “altcoin season” or gains in made-in-USA altcoins. In this deep dive, we analyze the impact of Canary’s American-made crypto ETF on tokens like XRP, Cardano, Chainlink, Solana, and Stellar, the top five cryptocurrencies in the made-in-USA category, ranked by market capitalization.

Canary Capitals SEC filing for proposed ETFs

The digital asset fund manager’s SEC filing reveals plans to invest in a portfolio of crypto assets that tracks the made-in-America blockchain index. The index will track cryptocurrencies originally created in the U.S., where a majority of the token’s supply was minted within the United States, and a majority of the protocol’s operations are U.S.-based.

The trust plans to generate rewards through the validation of transactions on the token’s native blockchain network, per the filing. 

Canary Capital’s other filings, one for a Trump coin ETF and the other for a Staked Injective ETF, show that the digital asset manager is exploring several crypto-related investment products in the U.S. market. Currently, there is no fixed timeline for approval. The proposed investment products position Canary Capital as a fund focused on attracting U.S.-based crypto investors.

The filing mentions four crypto tokens, Ethereum (ETH), Cardano (ADA), Solana (SOL) and Avalanche (AVAX) as an example for Proof-of-Stake blockchains. 

How Bitcoin and Ethereum ETFs impacted prices 

To ascertain the impact of an ETF on the underlying asset’s price, we draw a parallel with Bitcoin (BTC) and Ethereum spot ETFs in the U.S. Data from Farside Investors shows that a total of $53.99 billion in capital is the total flow of Bitcoin ETFs since their inception. Ethereum attracted over $12.90 billion in total flow.

Bitcoin price rallied with the rising flows and institutional demand catalyzed gains in the king crypto. While it took longer for the demand to fuel a rally in Ethereum, the token’s price increased and hit a new all-time high in August 2025. 

Bitcoin Spot ETF cumulative flow | Source: Farside Investors

Ethereum Spot ETF cumulative flow | Source: Farside Investors

If the pattern repeats itself, Canary Capital’s ETF could generate cumulative inflows that climb steadily over a period of time. Higher capital flows to the ETF could generate demand for tokens included in the index. 

While Ethereum, Cardano, Solana and Avalanche are included in the filing, other top made in USA tokens like Chainlink (LINK) and Stellar (XLM) could be included. 

Altcoin season catalysts

Canary Capital’s filing is likely the first in a series of crypto-focused ETFs to be filed with the SEC. This could be a catalyst for the altcoin season. The altcoin season begins when 75% of the top 50 cryptocurrencies by market capitalization outperform Bitcoin consistently for 90 days. 

The key catalysts for the altcoin season are Bitcoin dominance hitting a plateau or declining, a rise in altcoin market capitalization, and institutional demand for tokens.

Market capitalization Bitcoin dominance chart | Source: TradingView

The altcoin market capitalization can be tracked using the crypto total market capitalization excluding Bitcoin. The value is $1.58 trillion as of August 26, and the 2021 cycle top corresponded to an altcoin market cap of $1.71 trillion.

Crypto total market capitalization excluding Bitcoin | Source: TradingView

Institutions following in Strategy’s footsteps and adding crypto tokens to their treasury could contribute to the demand for altcoins and catalyze gains in top cryptos. Ethereum and Binance Coin (BNB) recently hit their all-time highs; other cryptos could follow if demand persists alongside other catalysts.

Top 5 altcoins likely to gain 

XRP, ADA, LINK, XLM, and SOL stand to gain from Canary Capital’s ETF filing, subject to the investment product’s approval by the SEC. If the U.S. financial regulator greenlights the ETF, it could open the path for similar investment products, offering institutional investors an opportunity to fuel demand for altcoins made in the USA.

Data from CoinGecko shows that the market capitalization of the made-in-USA tokens’ category is above $518.99 billion and the 24-hour trade volume exceeds $53.12 billion.

Top five tokens by market cap in the made in USA coins | Source: CoinGecko

The price performance for the top made-in-USA coins over the past three months is seen in the chart below.

Top made in USA coins performance | Source: CoinGecko

Why investors could be wary of Canary Capitals ETF

Canary Capital’s ETF raises concerns of capital loss among investors. The filing stresses that the investment is high-risk and investors could lose their investments. The ETF is not covered by the Commodity Exchange Act, a key federal law that regulates the commodity futures and options markets. 

Canary Capital’s ETF is not regulated by the CFTC, and the product’s investors are not covered by the protection that crypto futures market investors have.

Canary Capital’s SEC filing | Source: SEC

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



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August 26, 2025 0 comments
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NFT Gaming

What The LEASH V2 Launch Means For Shiba Inu Holders

by admin August 26, 2025


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

The Shiba Inu development team has officially rolled out LEASH v2, a new version of the ecosystem’s exclusive token designed to correct a long-standing supply controversy. Over the past week, LEASH holders expressed growing concerns after a hidden rebase path in the original contract unexpectedly increased supply, resulting in a 20%+ dilution from the 107,646 baseline. This prompted swift action from the current Shiba Inu developers, and LEASH v2 is both a corrective measure and an opportunity to restore community confidence.

LEASH v2 Brings A Hard-Capped Supply

According to Shiba Inu marketing lead Lucie, the most important change in LEASH v2 is the permanent fix to supply manipulation risks. Posting on the social media platform X, she explained that after migration, LEASH v2 will have a fixed, hard-capped supply of 107,000, exactly as originally designed. No new rebasing, no hidden minting functions. This is a clean slate contract. This means token holders no longer need to worry about accidental inflations or hidden vulnerabilities undermining the scarcity and value of LEASH.

The issue stemmed from a rebase function left in the original contract by a departed developer five years ago, which went unnoticed until the recent glitch. The team documented those mechanics and presented the community with a DAO-led route forward of migrating to a fixed-supply, audited LEASH v2 using the last trusted snapshot. 

That plan also outlines the burn-to-claim  model, where holders destroy the old token to claim the new one. After moving to a fully immutable and audited contract, the team has effectively sealed off this risk, turning LEASH v2 into a more trustworthy representation of what the token was always intended to be.

According to the Shiba Inu blog website, the v2 total supply is pre‑minted at deployment and held by a multisig. The migrator will not mint new LEASH v2 tokens but will move pre‑minted tokens out of the multisig as users migrate from LEASH v1.

What Does This Mean For Holders?

LEASH v2 affects only LEASH. Other tokens (SHIB and BONE) within the Shiba Inu ecosystem remain untouched. If the migration proceeds smoothly, with audits concluded, exchanges aligned, and burn-to-claim portals functioning, LEASH v2 will become a straightforward case of resetting the clock.

Related Reading: Bybit Exchange Unveils Massive Shiba Inu Balances In The Trillions As Price Tanks

A prominent Shibarium insights account on X pointed out that the team is working with an external auditor. The Shiba Inu team is also in talks with crypto exchanges to support the swap and will stage a public testnet and bug bounty before full release. The rollout has been largely welcomed across the Shiba Inu community, with supportive reactions surfacing on multiple social platforms.

At the time of writing, LEASH is trading at $52.40, down by 8% in the past 24 hours.

SHIB trading at $0.000012 on the 1D chart | Source: SHIBUSDT 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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August 26, 2025 0 comments
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Crypto Trends

What Bitcoin’s Weekend Dip Means for the Crypto Bulls

by admin August 25, 2025



In brief

  • A Bitcoin whale sold 24,000 BTC on Sunday, catalyzing a liquidation cascade worth over half a billion dollars.
  • Despite the correction, options data reveal that traders remain unshaken, with bullish posturing around the $135,000 and $155,000 strike prices.
  • Improving macroeconomic conditions, following last week’s comments from Federal Reserve Chairman Jerome Powell, add credence to the bullish outlook.

A weekend sell order from a large buyer has triggered a flash crash for the world’s largest crypto, forcing over half a billion dollars in liquidations.

The sell order of 24,000 BTC, worth $2.7 billion, catalyzed a 3.74% correction in under ten minutes, resulting in $623 million in liquidations, according to data from CoinGlass.

Still, Bitcoin is up 2.41% from its weekend low of $110,484 and is currently trading near $113,169, according to CoinGecko data.



“Should be much easier to go up once short-term momentum clears and price moves above $113,500 – $114,000,” Alex Krüger, a crypto trader and founder of Aike Capital, posted Sunday on X.

Despite the whipsaw price action, some experts suggest this sell-off is not a sign of bearish sentiment, but rather a healthy function of a maturing market.

“The price has stalled because a number of whales have hit their magic number and are unloading,” Vijay Boyapati, a software engineer and expert in crypto and economics, posted on X. 

He reiterated that whale selling is a healthy event and is “required for the full monetization of Bitcoin.” 

The whale still holds a massive 152,874 BTC, worth an estimated $17.3 billion, according to Sani, a Bitcoin onchain analyst and founder of the Timechain Index.

The sell-off was likely amplified by existing market conditions such as “thin weekend liquidity” and a “build-up of leverage long positions” over the past week, Sean Dawson, head of research at on-chain options platform Derive, told Decrypt. 

Options data on Derive shows “bullish posturing for Bitcoin around the $135,000 to $155,000,” strikes while the recent “drawdown has done little to shake the bullish traders,” Dawson highlighted.

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August 25, 2025 0 comments
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