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XRP
GameFi Guides

XRP Bullish Structure Remains Bullish: Analyst Releases 3 New Targets

by admin June 13, 2025


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

Crypto analyst Klejdi has assured that the XRP bullish structure remains intact despite the recent pullback. The analyst indicated that the pullback is part of the bigger picture, while highlighting three targets the altcoin could hit once it reverses to the upside. 

XRP Bullish Breakout Still On The Horizon

In a TradingView post, Klejdi suggested that XRP’s bullish breakout was still on the cards, although a pullback could come before the gains. This came as he noted that the altcoin had broken out of a larger bullish pattern, signaling the end of its accumulation phase. However, he added that short-term uncertainty could XRP lower with the market’s attention on the US-China trade deal and the Trump-Musk developments. 

Klejdi predicted that the XRP price could drop to around $2.17 due to this market uncertainty. However, despite the short-term volatility, the crypto analyst remarked that the altcoin’s broader bullish structure remains intact, indicating a strong upside potential in the coming days or weeks.  

He also revealed that $2.4, $2.6, and $2.8 were the targets that XRP could reach on this potential move to the upside. A rally to $2.8 could pave the way for a rally above the psychological $3 level. 

Source: Kledji on X

Crypto analyst CasiTrades also recently commented on the XRP price action and revealed what to expect. The analyst declared that the altcoin could break out of its consolidation structure by June 16, which is also the deadline for the SEC to submit a status report on its filing for an indicative ruling in the XRP lawsuit. She predicted that the altcoin could rally to as high as $13 if this marks the bottom. 

However, XRP and the broader crypto market are facing a lot of uncertainty following Israel’s strike against Iran. Iran has retaliated, further escalating tensions between the two countries. Similar attacks in the past have had a significant impact on the crypto market. 

XRP Could Still Drop To As Low As $1.55

In an X post, CasiTrades declared that the support levels at $2.01, $1.90, and even $1.55 are still very much in play as long as $2.25 holds as resistance for XRP. She claimed that the altcoin is also heading straight into the apex of this macro consolidation, with very little time left. The analyst added that this is likely a final support touch before a major breakout. 

This aligns with Klejdi’s analysis that XRP could suffer a significant pullback before the massive gains. Crypto analyst CasiTrades also believes that deeper support levels are more likely to get tested before the breakout to the upside.

At the time of writing, the XRP price is trading at around $2.09, down over 6% in the last 24 hours, according to data from CoinMarketCap.

XRP trading at $2.1 on the 1D chart | Source: XRPUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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



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June 13, 2025 0 comments
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The Outer Worlds 2 Targets Fall Release
Game Updates

The Outer Worlds 2 Targets Fall Release

by admin June 8, 2025


Today’s Xbox Games Showcase opened with an in-depth trailer featuring The Outer Worlds 2. Obsidian’s big sequel is looking quite strong in the new video, which features several new tools and twists we haven’t seen yet. We were also treated to a release date; The Outer Worlds 2 releases on PlayStation 5, Xbox Series X/S, and PC on October 29. 

Over the course of the trailer we see the colony of Arcadia  is undergoing an invasion, and it appears that the story will jump ahead from the beginning of that war to a point nearly three years in. Voiceover from villainous CEO Auntie Cleo leans hard into the dark satirical elements that the first game established around the nature of capitalism. 

 

The gameplay that follows shows off some of what made the first game in the series entertaining, but seemingly amped up to a significant degree, from the use of freezing effects and shrink rays to all sorts of over-the-top explosions.  

This trailer is just the first look at The Outer Worlds 2 coming out of this weekend’s Xbox showings. A subsequent more in-depth look look at the game is expected later today.



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June 8, 2025 0 comments
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Dogecoin
NFT Gaming

Dogecoin Price Crash To Continue? Analyst Shows Fair And Optimistic EOY Targets

by admin June 5, 2025


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

The Dogecoin price is facing significant bearish pressure, declining by over 12% this past week, as it struggles to find strong support. The recent market turbulence has left analysts questioning whether this downtrend will continue. Notably, a crypto market expert has weighed in on both fair and optimistic End-of-the-Year (EOY) targets for Dogecoin, offering insights into where the leading meme coin might be headed in this bull cycle.

Dogecoin Price End Of The Year Targets

Dogecoin has sparked concern amongst the broader crypto market following its recent pullback from previous highs. Despite sitting at a low of $0.19, a new technical analysis by pseudonymous TradingView crypto expert TradingShot has forecasted a bullish fair value and optimistic end-of-year target for Dogecoin. 

The analyst offers a different perspective on Dogecoin’s ongoing downtrend—-one that suggests that the price dip could mark the beginning of a final bullish leg of the current cycle. According to the corresponding chart, Dogecoin has respected a long-standing Fibonacci Channel Up structure, bouncing precisely from its 1W MA200, which acted as the cycle bottom in early April. Notably, the price has since rebounded and is now consolidating around the 1W MA50, signaling a potential run to new highs. 

Source: TradingShot on Tradingview

TradingShot notes that Dogecoin’s current price behavior remains consistent with past market cycles, where, after testing the MA200, the meme coin began a sustained rally. The Channel Up structure has also historically guided the altcoin’s price movements, with major cycle tops coinciding with Fibonacci Extension levels. 

Based on the TradingView expert’s chart, the 2021 bull run broke above the 1.5 Fibonacci level, showing an uncommon deviation from the channel. For the current cycle, the chart highlights two key end-of-the-year targets. The fair value is set at $1.00, aligning with the 1.0 Fibonacci Extension and the MMB 3SD above. The analyst has also forecasted an optimistic target at $3.50, coinciding with the horizontal 1.618 Fibonacci level, which was previously reached during the January 2018 cycle top and exceeded during the May 2021 peak. 

Golden Cross And MMB Trends Support DOGE EOY Forecast

TradingShot’s end-of-year bull case for Dogecoin is further reinforced by the formation of a 1W Golden Cross on its price chart. Historically, this technical pattern has marked the beginning of explosive price increases in not just DOGE but other cryptocurrencies in the market. 

Now incorporating the Mayer Multiple Bands (MMB), the TradingView analyst points out that in the final year of each bull cycle, after the formation of the 1W Golden Cross, the DOGE price has consistently reached the MMB 2SD above first and then climbed to the MMB 3SD above. Currently, Dogecoin has already touched the MMB 2SD but has yet to test the 3SD, indicating untapped upside potential.

DOGE trading at $0.19 on the 1D chart | Source: DOGEUSDT on Tradingview.com

Featured image from Getty Images, chart from Tradingview.com

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



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June 5, 2025 0 comments
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Circle
NFT Gaming

Circle Targets $6.7 Billion Valuation In Ambitious US IPO Move

by admin May 28, 2025


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

Circle Internet, the issuer of the USDC stablecoin, announced plans for an initial public offering (IPO) that could value the company at up to $6.71 billion on a fully diluted basis. The New York-based company aims to raise as much as $624 million by offering 24 million shares, with a pricing range set between $24 and $26 each.

Circle Plans To Offer 9.6 Million Shares In IPO

This move comes at a time when optimism surrounding cryptocurrencies is on the rise, particularly as the Trump administration has adopted a more favorable stance toward digital assets. 

The administration’s promise of a “rational” approach to cryptocurrency regulations has encouraged companies in the sector to pursue public listings and increase their crypto investments, as evidenced by Strategy’s (formerly MicroStrategy) example.

Matt Kennedy, a senior strategist at Renaissance Capital, noted, “The outlook for crypto IPOs is better than at any point in the past three years.” He attributed this confidence to positive developments in trade negotiations between the US and its key trading partners, revitalizing the IPO market and easing the impact of previous tariffs.

In the upcoming offering, Circle plans to sell 9.6 million shares, while existing shareholders—including venture capital firms Accel and General Catalyst—will sell an additional 14.4 million shares. 

Notably, Cathie Wood’s crypto exchange-traded fund (ETF) issuer, ARK Investment Management, has also expressed interest in purchasing up to $150 million worth of shares during Circle’s initial public offering.

Market Confidence Rebounds

Circle’s IPO is anticipated to be one of the largest cryptocurrency listings since Coinbase’s debut in 2021. Additionally, Mike Novogratz’s Galaxy Digital recently listed on the Nasdaq, further highlighting the increasing activity in the crypto public market.

Analyst Bo Pei from US Tiger Securities commented, “Circle’s return to the public markets indicates regained confidence—albeit at a 25% lower valuation, which reflects more realistic market conditions.”

The timing of Circle’s IPO coincides with the advancement of stablecoin legislation in the US Senate with the GENIUS Act, which could further enhance the adoption of cryptocurrencies in the US. J.P. Morgan estimates that the market for stablecoins could expand to between $500 billion and $750 billion in the coming years.

Upon completion of the IPO, Circle plans to list on the New York Stock Exchange under the ticker symbol “CRCL.” Leading underwriters for the offering include J.P. Morgan, Citigroup, and Goldman Sachs

The daily chart shows the total crypto market cap at $3.42 trillion. Source: TOTAL on TradingView.com

Such optimism toward digital assets has resulted in Bitcoin’s achievement of a new all-time high near the $112,000 mark last week and the total crypto market capitalization surging to a $3.5 trillion high. 

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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May 28, 2025 0 comments
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AAVE price targets a 45% surge as exchange reserves hit a 4-year low
GameFi Guides

AAVE price targets a 45% surge as exchange reserves hit a 4-year low

by admin May 27, 2025



AAVE continues its strong rally, reaching its highest level since Feb. 2 as both fundamentals and technicals align.

AAVE (AAVE) surged to $281 on Tuesday, extending a rally that began on April 7 when the token bottomed at $114.15.

The uptrend has been supported by rising investor demand, reflected in a sharp drop in exchange balances. According to Santiment, the number of AAVE tokens held on centralized exchanges has declined to 3.17 million, down from 4.53 million in Nov. 2023. This is the lowest exchange balance since Feb. 2021.

AAVE supply in exchanges | Source: Santiment

Falling supply on exchanges is typically interpreted as a bullish signal, indicating that investors are opting to hold rather than sell. In contrast, increasing exchange supply often suggests rising sell pressure.

A closer look at AAVE’s fundamentals helps explain the bullish momentum. The total value locked in the protocol has reached a record $26.42 billion—up more than 30% over the past 30 days, signaling a sharp increase in network activity.

Protocol revenues have also stabilized. AAVE generated $33.8 million in fees this month, slightly higher than last month’s $33.3 million. This consistent revenue stream positions AAVE among the most profitable platforms in decentralized finance.

AAVE has also seen higher staking inflows, with the staking market cap hitting $800 million, from $454 million last month. In ETH terms, the staking volume has risen from last year’s low of 84k to 300k today.

GHO, AAVE’s native stablecoin, has also experienced surging demand, with its market cap hitting an all-time high of $265 million.

AAVE price technical analysis

AAVE price chart | Source: crypto.news

The daily chart shows that the AAVE token price has been in a strong bull run in the past two months. It has even formed a golden cross pattern as the 50-day exponential moving average has moved above the 200 MA. 

The Average Directional Index has surged to 42, a sign that the uptrend is gaining momentum. ADX is one of the most popular indicators for measuring the strength of a trend. 

AAVE has also broken above the 38.2% Fibonacci retracement level from the previous cycle. This breakout increases the likelihood of a continuation higher, with the next key target at $400, representing a 45% gain from current levels.



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May 27, 2025 0 comments
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Decrypt logo
GameFi Guides

Asia Trading Firm Caladan Targets US Market Amid Trump’s Pro-Crypto Pivot

by admin May 26, 2025



In brief

  • Caladan has revealed plans to open a representative office in New York City, committing at least 5% of its global workforce to expand into the U.S. market.
  • The firm is exploring broker-dealer registration and FINRA membership, seeking to build institutional partnerships and engage directly with U.S. regulators.
  • The move comes as the Trump administration rolls back enforcement and backs pro-crypto legislation, creating what Caladan sees as a more favorable environment for global players.

Crypto trading firm Caladan has announced plans to open a representative office in New York City, becoming the latest institutional player to expand into the U.S. as the Trump administration unwinds years of strict enforcement and signals a regulatory reset for the industry.

The Singapore-based firm will allocate at least 5% of its global headcount to the new U.S. office as it attempts to nab itself a broker-dealer registration and potential FINRA membership.

To lead the effort at its U.S. office, Caladan has hired a three-member team led by Gian-Paul Caccia, with experience across both crypto-native and traditional financial institutions, including crypto exchange Coinbase, asset manager BlackRock, investment bank Cowen Digital, and Bank of America.

Their mandate includes building institutional partnerships, advancing compliance strategy, and deepening regulatory engagement, according to a statement shared exclusively with Decrypt.

Caladan described its U.S. entry as part of a broader strategy to link Asia’s crypto market infrastructure with growing institutional momentum in the United States, seeking to serve as a conduit for liquidity, regulatory dialogue, and cross-border strategy.

“It’s not just about operating in the U.S., we want to help shape the rules-based future of crypto markets with full transparency and accountability,” Julia Zhou, COO at Caladan, said in the statement.

Caladan’s U.S. entry comes just as President Donald Trump’s administration tears up the rulebook that once kept firms like it at bay.

Since taking office in January, Trump has appointed pro-crypto SEC Chair Paul Atkins, dropped multiple lawsuits against digital asset firms, and reversed enforcement-heavy policies upheld by the previous administration. 

Nexo, the crypto lender that exited the U.S. market in 2022, citing “regulatory dead ends,” also announced its return last month, crediting Trump’s pro-innovation stance for the renewed access.

The administration has also hosted a White House crypto summit featuring top industry figures and backed the GENIUS Act, a stablecoin framework that cleared the Senate last week and now heads to the House.

Even before his presidential inauguration, Trump launched a meme coin on Solana to tap into crypto culture. Last week’s private gala for top Official Trump (TRUMP) meme coin holders turned that gesture into a focal point for political controversy.

Edited by Sebastian Sinclair

Daily Debrief Newsletter

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May 26, 2025 0 comments
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Dogecoin breaks out, Ripple targets $3, new DeFi coin raises about $1 million
NFT Gaming

Dogecoin breaks out, Ripple targets $3, new DeFi coin raises about $1 million

by admin May 25, 2025



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

Dogecoin’s breakout hints at renewed bullishness, while Unilabs’ $1m presale and AI-powered DeFi tech spark buzz.

Dogecoin’s price has broken out of a cup-and-handle pattern, implying that bullish energy is back. Meanwhile, Ripple bulls are targeting the $3.00 mark after a long period of sideways movement. However, stealing the spotlight is Unilabs (UNIL), a next-generation DeFi coin that has already raised nearly $1 million in its presale. 

With its AI-powered investment engine and growing community, Unilabs could be a formidable force in the DeFi market. The platform seeks to introduce AI technology into DeFi investments, making it smarter and easier.

Dogecoin breaks out of cup and handle pattern

According to Trader Tardigrade, the Dogecoin price is about to explode. The analyst noted that the memecoin has broken out from a cup and handle pattern. If the uptrend continues, the Dogecoin price could cross the $0.25 resistance to $0.30.

Another analyst known as Glory2GloryX told their followers the Dogecoin price is breaking out of a bullish flag. They say the value of DOGE could rise to $0.35 as the next target. Meanwhile, CryptoKaleo forecasts that the Dogecoin price could climb to $1.00 in the coming months. 

The value of DOGE is historically known to skyrocket after a Bitcoin halving, his chart showed. So, the analyst told his followers not to sleep on DOGE. The Dogecoin price is now consolidating between $0.21 and $0.25. 

Its value has skyrocketed by 12.0% on the weekly level, signaling a massive hike in buying momentum. The monthly and yearly Dogecoin price charts are also bullish with gains of 37.7% and 48.3%, respectively.

Ripple price soars, $3 in view

According to CoinMarketCap, the Ripple price has pumped by 2.8% on the weekly level after bouncing off $2.30. The altcoin is mirroring the uptrend in the market and could climb to its monthly high of $2.60 if bullish momentum remains.

In terms of future trajectory, Crypto Beast says the Ripple price could soar to $3.14 soon. With more buying pressure, the analyst expects the Ripple price to surge to $4.29.

Another analyst called Dominus believes the Ripple price could climb higher. They argued that a God Candle is coming, which could push the Ripple price to $7.00. RipBullWinkle is another expert who believes the Ripple price is ready to skyrocket. 

They posted a Ripple price chart where the value of XRP shot up to $5.40. Technical analysis currently shows that bulls are in control. The relative strength index, which is above 50, signals that bulls are in charge. 

AI is changing the cryptocurrency sector. In 2025, AI-focused crypto tokens have surged, adding nearly $10 billion in market capitalization, with several top assets rallying over 50%. Amid this AI boom, a new DeFi project is gaining momentum. Unilabs is a standout project offering an AI-powered platform designed to optimize crypto investments through intelligent automation.

Unilabs is a platform that uses AI to manage and make the most of cryptocurrency portfolios. It provides a range of funds: AI Fund, BTC Fund, RWA Fund and Mining Fund, all suited to various investment ideas.

The Unilabs presale is currently live, offering UNIL tokens at an attractive price of $0.0051. Referral bonuses, tiered staking rewards, and a 30% share of platform fees redistributed to token holders are available to early participants. The referral program and staking rewards encourage community engagement and long-term investment. 

Top DeFi projects like Cardano have had huge growth, with its price increasing by over 10,000% since its launch. If Unilabs captures even a modest share of the expanding DeFi market, it could see huge price appreciation. With its unique approach and current presale offering, early entrants stand to gain huge returns.

Can Unilabs rival the best crypto to buy in 2025

While the Dogecoin price and Ripple continue to gain traction, Unilabs is a dark horse in the DeFi space. Its intelligent automation, real utility, and explosive presale momentum position it as a future DeFi leader. For investors hunting the next big breakout, Unilabs may just be the coin that turns early investment into huge returns.

To learn more about Unilabs, visit the official website, and Telegram.

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



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May 25, 2025 0 comments
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Decrypt logo
GameFi Guides

Publicly Traded Semler Scientific Buys More Bitcoin as Law Firm Targets Company

by admin May 24, 2025



In brief

  • A law firm has opened up an investigation into Semler Scientific’s compliance with securities laws and other business practices.
  • Bragar Eagel & Squire urged Semler’s shareholders who have “suffered losses” to contact its lawyers.
  • Semler disclosed another $50 million Bitcoin buy this week, bringing its BTC stash to $466 million worth.

A U.S. law firm is considering potential legal claims against Nasdaq-listed healthcare technology firm Semler Scientific, on behalf of the Bitcoin-holding company’s shareholders—though it hasn’t stopped Semler from buying up BTC.

Bragar Eagel & Squire, P.C. on Thursday said it is looking into whether Semler Scientific violated federal securities laws or engaged in other unlawful business practices. In a statement, the law firm urged Semler’s shareholders to contact its lawyers in relation to the investigation.

The medical device company revealed in February that the U.S. Department of Justice might file a legal complaint against its business.

$SMLR acquires 455 #Bitcoins for $50 million and has generated BTC Yield of 25.8% YTD. Now holding 4,264 $BTC. Flywheel in motion. 🚀

— Eric Semler (@SemlerEric) May 23, 2025

The DOJ opened an initial civil investigation into Semler’s reimbursement claims, or requests to be reimbursed for certain business expenses related to its QuantaFlo device, in 2017. The federal agency also sent several follow-up requests to Semler in 2019, 2021, 2022, and 2023. And, more recently, the two parties tried and failed to settle the matter.

It isn’t immediately clear whether the potential upcoming Justice Department legal complaint would go beyond the breadth of the agency’s initial inquiry into Semler Scientific’s business practices.



Neither Semler Scientific nor Bragar Eagel & Squire immediately replied to Decrypt’s request for comment. 

Semler Scientific shares were trading at $44.20 on Friday, down 1.6% over the past 24 hours. Semler, which has pivoted its focus to become a Bitcoin treasury, has rallied following a rough patch for the company’s stock following the announcement of the DOJ investigation.

The company recently bought another $50 million worth of Bitcoin, as announced Friday, bringing its total holdings to 4,264 tokens, worth roughly $466 million based on current prices.

Bitcoin was recently trading at $108,915, down 2.5% over the past 24 hours but up 16% during the past month, according to CoinGecko data.

Edited by James Rubin

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Start every day with the top news stories right now, plus original features, a podcast, videos and more.





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May 24, 2025 0 comments
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XRP Targets $3 Following Major Developments
NFT Gaming

XRP Targets $3 Following Major Developments

by admin May 23, 2025


  • XRP eyes major breakout 
  • Spot XRP ETF possible soon?

As the broad crypto market continues to show bullish signals, XRP is one of the major cryptocurrencies investors are most optimistic about. Recent metrics suggest that the coin might be on the verge of a major breakout to the much anticipated $3.

XRP eyes major breakout 

Amid the ongoing crypto market rally,  the Ripple ecosystem has seen major developments which has fuelled more speculations among market participants. This has posed the price of Ripple’s native token, XRP for a massive upsurge this season.

While Ripple has garnered more investors’ interests since its regulatory clarity with SEC, the recent launch of XRP futures on CME and the first 1x U.S.-based XRP futures ETF by Volatility Shares has positioned the token for more adoption.

Recent reports reveal that the 1x U.S.-based XRP futures ETF had commenced trading on the Nasdaq exchange on May 22, 2025. The move seeks to offer investors the opportunity to seamlessly execute XRP futures contracts, while gaining regulated exposure to the third leading cryptocurrency by market capitalization, XRP.

Although the price of XRP is yet to respond to the launch of these major developments, investors are highly confident that the moves are preparing XRP for a massive breakout soon.

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As of May 22, XRP has traded on the green zone, with its price surging decently by 1.67% over the last 24 hours. This has seen the price trade at $2.43 as of press time.

Notably, XRP’s trading volume has remained in the red with less major activities from bullish and bearish investors. This has seen the token consolidate around $2.1.

While XRP has traded resiliently around $2.43 in the past few hours, it appears that the token has slowed down on its upsurge while gathering momentum to fuel its breakout beyond the $3 mark.

Spot XRP ETF possible soon?

The recent developments experience within the XRP ecosystem has raised hopes among its community members about the possibilities of the long proposed spot XRP ETF getting approval from the U.S. SEC in no time.

While this was the case for Bitcoin and Ethereum, investors have expressed confidence that the launch of XRP futures ETF will pave the way for the approval of a spot XRP ETF. 

This has also fueled optimism about XRP’s price breaking out beyond $3.



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May 23, 2025 0 comments
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VanEck’s new fund targets real-world utility in Avalanche ecosystem
GameFi Guides

VanEck’s new fund targets real-world utility in Avalanche ecosystem

by admin May 21, 2025



Asset manager VanEck is launching a long-term digital assets fund focused on Avalanche to back real businesses over hype-driven tokens.

VanEck said Tuesday it will launch the PurposeBuilt Fund in June to invest in tokenized businesses building on Avalanche (AVAX) and focused on long-term value and utility.

In a press release shared with crypto.news, the New York-headquartered asset manager said the fund will back liquid tokens and venture-backed crypto projects in sectors such as gaming, payments, AI, and financial services — primarily around or after a token generation event. The fund will also deploy idle capital on-chain through Avalanche-native real-world asset products, such as tokenized money market funds.

Pranav Kanade, portfolio manager of the VanEck Digital Assets Alpha Fund, said the fund won’t chase hype or short-term trends, as the next wave of value in “crypto will come from real businesses, not more infrastructure.”

“Avalanche has become a magnet for thoughtful builders, and with the VanEck PurposeBuilt Fund, we’re bringing capital and conviction to the founders creating lasting value, not chasing momentum.”

Pranav Kanade

The new vehicle will be managed by the team behind the VanEck Digital Assets Alpha Fund, which has over $100 million in assets under management and launched in 2022.

The announcement comes amid growing institutional interest in Avalanche, with Grayscale recently filing to convert its Avalanche Trust, launched in August 2024, into a spot exchange-traded fund. In late March, the firm submitted a 19b-4 filing to Nasdaq to list the fund and offer regulated exposure to AVAX, though it still requires SEC approval.



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May 21, 2025 0 comments
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