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#BreakingCryptoNews 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. #DogecoinDay $DOGE
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📊 #Ethereum has breached $2,700 for the first time since February 23rd. Ethereum has made a surprise comeback, jumping nearly 50% in the last 6 days. It dipped below $1,800 just days ago and is now pushing toward the $2,700 mark. The social sentiment has also flipped fast. Right before this pump, the bears were in control, with many doubting Ethereum’s growth potential as other altcoins grabbed the spotlight. But as Ether got back on track, the doubters were silenced, with targets now calling for $3,500 or even higher. Transaction Fees Drop Another factor to watch is transaction fees. They’ve dropped to around $0.84 per transfer, much lower than the $7 range six months ago. But if the fees start climbing back to $2 or above, the rally could be at risk. data shows that Abraxas Capital recently bought 33,482 ETH worth about $84.7 million on May 13. The firm has accumulated over 211K ETH, worth around $477 million, in the past 6 days, playing a big role in the recent price surge. Ethereum’s rally has wiped out over $240 million in bearish bets in the past 24 hours, with total liquidations hitting $387 million. The technicals are mostly flashing green, If the bulls remain in action, ETH could test the $2,750 resistance soon, pushing toward $3,000. However, if the bears take control, ETH could drop back to the $2,100 range. Overall, Ethereum’s comeback is a reminder of the wild sentiment swings in crypto. The coin might still have room to run, but with its 30-day returns already at +32.5%, it’s worth keeping an eye on potential pullbacks. As always, a little patience can go a long way. #ETH🔥🔥🔥🔥🔥🔥 $ETH
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#XRP has gained significant upward momentum in recent days and has once again attracted the attention of investors. XRP has gained over 25% in value, bouncing upwards from the 0.382 Fibonacci retracement level. Currently, the XRP price is trading just below the important resistance zone at $2.65, according to Binance TR data. the price action continues to trend upwards with successive higher lows and highs. It is emphasized that momentum has increased with the break of the $2.48 level, while the next targets are $2.65 and the so-called “golden pocket” range of $2.73–2.81. The $2.65 level has already been tested. According to the analysis, the probability of a breakout may increase if this level is tested again. Above this level, the golden pocket in the $2.73–$2.81 range stands out as a strong resistance cluster. #XRP near-term support is at $2.48, the first area to watch for potential pullbacks. In the medium term, maintaining the orange support zone around $2.20 is critical to maintaining the bullish structure. that XRP offers a strong technical outlook, but that occasional pullbacks are healthy for the uptrend. The report states that maintaining the support area around $2.20 is decisive for the continuation of the long-term bull scenario. #Xrp🔥🔥 $XRP
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#CryptoRoundTableRemarks BREAKING: U.S. Treasury Hosts Secret Crypto Summit—Game-Changer for Bitcoin? The U.S. Treasury is holding a closed-door roundtable with top crypto leaders this week, signaling a major shift in how regulators engage with the digital asset space. With $BTC trading above $104K (+2.67%), the stakes couldn’t be higher. This hush-hush meeting could reshape the future of crypto policy, influence adoption, and set the tone for upcoming U.S. regulations. The market is watching closely—and so is the crypto community.
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#CryptoCPIWatch US CPI Report: Inflation Cooling or Persistent Pressure? What It Means for Markets and Crypto AI Summary Key Takeaways: February CPI inflation expected at 2.9% YoY, down from 3.0% in January. Core CPI forecasted at 3.2%, slightly easing from 3.3% previously. US Federal Reserve's rate-cut outlook may shift based on CPI data. Crypto markets, stocks, and US dollar fluctuations depend on inflation trends.
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Latest News
Bitcoin(BTC) Drops Below 103,000 USDT with a Narrowed 0.01% Increase in 24 Hours
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Bitcoin Spot Trading Volume Shows Positive Trend
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Ethereum(ETH) Drops Below 2,600 USDT with a Narrowed 5.65% Increase in 24 Hours
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USDC Treasury Destroys $59.99 Million on Ethereum Blockchain
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Polymarket Predicts 39% Chance of U.S. Economic Recession in 2025
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