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Showing posts with the label etfs

Dogecoin's Journey To $1: ETFs, X Payments, And more

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Dogecoin (DOGE) continues to be the most successful memecoin in the crypto market. While competitors like Shiba Inu (SHIB) and Pepe (PEPE) are slipping down the market cap charts, DOGE continues to be among the top 10 projects. While DOGE has maintained its supremacy, the asset’s price has struggled to find a footing over the last few years. Despite the lackluster performance, Dogecoin (DOGE) fans and investors continue to push for higher prices, especially the $1 mark. Let’s look at how the memecoin could attain the $1 price target. Dogecoin’s Journey to $1 With ETFs, X Payments, and More Source: Reuters 2025 could be the year for crypto-based ETF products. The US SEC made history in 2024 by approving several Bitcoin (BTC) and Ethereum (ETH) ETFs. Both cryptocurrencies have hit new all-time highs after their respective ETF approvals. Bitwise and 21Shares have applied for Dogecoin (DOGE) ETFs. The SEC has delayed its decision on the Bitwise DOGE ETF to November 2025. A...

$122,000 And Climbing: Bitcoin Sets New Record As ETFs Drive Demand

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XRP Up 7% in March—Where Will It Be by 2027?

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XRP price prediction has been a pretty hot topic for investors and crypto enthusiasts lately. At the time of writing, Ripple’s future outlook is showing some really interesting signs, and the crypto market trends seem to be favoring this particular asset. Many people are asking right now if XRP is a good investment, especially if you’re looking at holding it for a few years. Currently sitting at $2.28, let’s take a look at where this cryptocurrency might be headed. Also Read: Ethereum Prediction: How High Will ETH Trade During The End of March 2025 XRP Price Prediction & Market Outlook: What to Expect by 2027 Source: Bitcoinsensus Current Market Status XRP is trading at about $2.28 with a market cap of around $133 billion as of March 18, 2025. The cryptocurrency has seen a nice 7% increase in March, even though there have been some ups and downs day-to-day. This kind of volatility is pretty normal in the crypto world. The token has had quite a journey over the past yea...

Money in Bitcoin Unlikely To Flow Into Altcoins, According to Veteran Trader – Here’s Why

A top crypto strategist says money invested in Bitcoin (BTC) is unlikely to rotate into the altcoin market at levels seen in previous cycles for one key reason. Pseudonymous analyst The Flow Horse tells his 259,500 followers on the social media platform X that many Bitcoin investors who are now contributing to its strong performance are unlikely to move profits into alts. He says Michael Saylor’s MicroStrategy massive purchases of Bitcoin and those investing in Bitcoin spot exchange-traded funds (ETFs) are major bullish catalysts for the flagship crypto this cycle. However, he believes these entities are not going to rotate their profits into alts. “The money that bought and is responsible for moving Bitcoin is fragmented away from this market. It’s ETFs and Saylor. Most people here jumped into alts thinking this flow would follow, meanwhile it is on IBKR (electronic trading firm Interactive Brokers) and ThinkorSwim [trading platform]. Market str...

Ethereum ETFs inflows surge as Bitcoin ETFs see major outflows

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Ethereum ETFs inflows are outdoing Bitcoin ETF inflows. BlackRock’s iShares Ethereum Trust (ETHA) ETF leads with a $89.51M inflow on Dec 23, 2024. This Market shift may signal an altcoin season in 2025. In a surprising turn of events in the cryptocurrency market, Ethereum spot ETFs have been experiencing significant inflows, overshadowing the outflows noted in Bitcoin ETFs. On December 23, 2024, Ethereum ETFs recorded a net inflow of $130.8 million, with BlackRock’s iShares Ethereum Trust (ETHA) ETF leading with $89.50 million and Fidelity’s Ethereum ETF (FETH) adding $46.40 million according to Coinglass data. In stark contrast, Bitcoin ETFs saw outflows totalling $226.50 million on the same day. This trend has been consistent over recent weeks. For instance, on December 12, Ethereum spot ETFs had a cumulative net inflow of $273.70 million, continuing their streak of 14 consecutive days with positive inflows. BlackRock’s ETHA ETF alo...

Bitcoin's Biggest Ally? MicroStrategy (MSTR) Joins Nasdaq 100 After $100B Surge

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MicroStrategy (MSTR) is expected to join the Nasdaq 100 index on December 23. This move marks a key shift in how cryptocurrency works with traditional finance. Bloomberg analysts say ETFs will buy $2.1 billion worth of shares of MicroStrategy (MSTR), which equals 20% of daily trading volume. The company’s bitcoin investments have made it a leader in both the cryptocurrency and stock markets. $MSTR is likely to be added to $QQQ on 12/23 (w/ announcement coming 12/13). Moderna likely to get boot (symbolic). Below is best guess of adds/drops via @JSeyff. Likely a 0.47% weight (40th biggest holding). There's $550b of ETFs tracking the index. S&P 500 add next yr prob. pic.twitter.com/rmTavtvWQL — Eric Balchunas (@EricBalchunas) December 10, 2024 Also Read: $1000 in Dogecoin Today: What Could It Be Worth by 2030? How MicroStrategy’s Stock Soared with Bitcoin’s Growth and Nasdaq 100 Addition Source: Coinlive Record-Breaking Performance JUST IN: MicroStrategy $MSTR w...

Bitcoin (BTC) Officially Crosses $100,000, Trades At $103,000

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Bitcoin (BTC), the top cryptocurrency on the market by market capitalization, has officially crossed the $100,000 price target. The king coin has boomed to the biggest levels it has ever seen in record time, surging over 37% in the past month. Since the outcome of the US election, Bitcoin’s fallout has been upwards, with bulls grabbing hold of BTC and pushing it to new highs. Also Read: Litecoin Hits $130 After 3 Years: What Will LTC Be Worth in 4 Years? Source: Coingecko Bitcoin received a boost over the last two days after announcements made by the Securities and Exchange Commission (SEC). The regulator’s chairman, Gary Gensler, and commissioner, Jaime Lizárraga both announced they will be stepping down in January. The decisions were music to the ears of crypto enthusiasts, as the SEC has been the community’s biggest enemy due to its harsh regulation of crypto. With Gensler and Lizárraga serving as the two most anti-crypto members of the SEC board, the regulator...