😁 Trump loves crypto The US President said that he likes c | TopCryptoNews on Binance Square

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😁 Trump loves crypto
The US President said that he likes cryptocurrency and believes that the market can reach a capitalization of more than $10 trillion.
🔼 At the moment, the total capitalization of the crypto market is $3.3 trillion.
We are waiting for a conservative 3x 🤑
#Trump #DonaldTrump #BTC #bitcoin 

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🟡 Dogecoin ETF Filing Acknowledged by SEC The U.S. Securities and Exchange Commission (SEC) has acknowledged a Dogecoin (DOGE) exchange-traded fund (ETF) filing by 21Shares. This comes after the SEC also moved to start reviewing a similar Dogecoin ETF filing from Grayscale in early February. The acknowledgment means that the regulatory agency has added the application to the public record and kicked off a review process. It takes the SEC up to 240 days to decide whether it should approve or reject a certain ETF. Of course, the fact that the SEC has merely acknowledged an ETF filing does not necessarily mean that it will eventually be greenlit. It took spot Bitcoin ETFs more than a decade to finally obtain approval from the SEC. With altcoins, however, things are moving at a much faster pace with the new crypto-friendly SEC administration. In late April, the SEC delayed pot Dogecoin ETF applications from Bitwise. In early March, it also postponed its decision on Grayscale's filing. 21Shares originally joined the Dogecoin ETF race on Apr. 10. #DOGE #Dogecoin‬⁩

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⭐️ $XRP Holders Urged to Mark Their Calendar for This Date Chicago-based derivatives giant CME Group has urged the holders of XRP ahead of the launch of futures tied to the popular altcoin. The much-awaited product is expected to go live on May 19. CME inadvertently revealed its plans to introduce XRP with a beta page on its website. The derivatives giant quickly moved to downplay the leak, claiming that it was merely a mock-up in a test environment. However, XRP did confirm its intention to launch such a product in April. The official confirmation came shortly after CME introduced Solana futures. Bitnomial rolled out the very first regulated XRP-based futures in the US back in March. CME launched pricing indices for the Ripple-linked token last July, which was a significant sign of XRP's growing institutional adoption. Back then, Ripple CEO Brad Garlinghouse clarified that the launch of the benchmark reference rate was the first step toward institutional crypto products. The launch of XRP futures is considered to be a crucial step before the potential approval of spot-based ETFs tracking the price of the cryptocurrency later this year. As of now, there are more than a dozen pending applications from such major players as Franklin Templeton and Bitwise. It remains to be seen how XRP will react to the launch of CME futures. The token is currently trading at $2.56, according to CoinGecko data. The price of Bitcoin famously peaked in 2018 shortly after the launch of CME's Bitcoin futures. This, of course, does not necessarily mean that XRP is going to suffer the same fate, but there are some concerns about the potential impact of the token on the cryptocurrency's price action.

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🟡 Pi Network Breaks $1 Mark with 60% Daily Gain After Long Accumulation Phase The rally appears to be driven by a combination of ecosystem development and market speculation. On May 14, the Pi Network team is expected to announce a major update, which has sparked optimism in the community. The timing also coincides with the upcoming Consensus 2025 summit, where Pi’s founder is scheduled to speak. In the lead up to the event, traders and large institutions have been accumulating PI, including platforms like BANXA. #PI #PIcoin #PInetwork

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