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Showing posts with the label cryptocurrency market

Ethereum Matches Bitcoin In Annual Gains: What This Means For The Market

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How Likely Is a Shiba Inu (SHIB) ETF? See If the SEC Will Approve

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Cryptocurrency-based ETFs have seen a substantial increase in demand over the last year. The US SEC made history when it approved several Bitcoin (BTC) and Ethereum (ETH) ETFs in 2024. While ETFs have played a significant role in the current market cycle, many are curious if a memecoin like Shiba Inu (SHIB) will ever get an ETF approval from the SEC. Let’s discuss. Will Shiba Inu (SHIB) Ever Get An ETF? Source: CoinGape The cryptocurrency industry in the US has seen a dramatic shift in 2025. The Trump administration has been very vocal about its support for the crypto sector. The SEC has also seen a change in its vision for the future of cryptocurrencies in the country. However, ETF approvals for memecoins, like Shiba Inu (SHIB), are still uncertain. According to White House crypto czar David Sacks, memecoins are neither securities nor commodities. In an interview, Sacks stated, “ It’s like a baseball card or a stamp. People buy it because they want to commemorate something....

Dramatic Surge in Bitcoin Millionaires Pushes Bitcoin Hyper to Nearly $18M

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Ethereum Marches Upward Without Leverage Overheating – Sign Of Structural Health?

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VeChain Rallies 9.7% While Cryptocurrency Market Bleeds: Why?

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VeChain (VET) is currently the best-performing cryptocurrency in the daily charts among the top 100 projects by market cap, rallying 4.2% in the last 24 hours. VET’s price is green across the board, a stark contrast to the larger cryptocurrency market. According to CoinGecko’s VeChain statistics, VET is up 9.7% in the weekly charts, 2% in the 14-day charts, 1.7% over the previous month, and 2.6% since August 2024. Source: CoinGecko What Is Behind VeChain’s Rally? Source: blockchainreporter VeChain’s rally comes amid a market-wide correction. Bitcoin (BTC) faced a steep price dip to the $112,000 level after climbing to an all-time high of $124,128 earlier this month. Most other major cryptocurrencies are following BTC’s trajectory. VET, however, seems to be pivoting from the market trend. The market dip could be due to increased profit-taking. The correction may have been further propelled by poor investor sentiment. President Trump’s tariffs have give...

Ethereum Demand Holds Despite Pullback: New Whales Enter With $192M Buys

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NFT Sales Surge In July, Up 48% From June 2025 – InsideBitcoins

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The non-fungible token market has experienced another massive surge this past month, marked by increased trading sales volume and floor price values. In the past 30 days, the global non-fungible token market has recorded a trading sales volume of $575 million, up over 48% from the previous month. In this article, we shall explore the full state of the global NFT market in July 2025, as well as what traders should expect in the market in August. NFT Sales Surge 48% In July 2025 Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, indicates that the global non-fungible token market has risen again in trading sales volume and floor price values. From July 01 to July 30, the global non-fungible token market recorded a trading sales volume of $575 million, up 48% from the past month. The NFT market raised a trading sales volume of $388 million, down 10% from the previous month. Source: CryptoSlam.io Ethe...

ProShares XRP ETF approved; what’s next for Ripple?

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NYSE Arca, the leading U.S. exchange for exchange-traded fund (ETF) listings, has officially approved the ProShares Ultra XRP ETF for listing and registration, according to a notice published by the U.S. Securities and Exchange Commission (SEC) on Monday, July 14.  The leveraged futures-based fund will trade under the ticker UXRP, and trading is expected to begin by the end of the week. In a separate filing, the SEC also disclosed that the exchange has greenlighted the ProShares Ultra Solana (SOL) ETF as well, marking another step forward in expanding access to leveraged crypto-based investment products. XRP ETF filing. Source: SEC What does the XRP ETF mean? The XRP ETF is registered under the Securities Exchange Act of 1934 and will benefit from NYSE Arca automated auctions and enhanced price discovery.  SEC’s decision coincides with the Crypto Week held in Washington, D.C., where legislators are debating key issues, including the Clarity Act and...