The SEC is officially studying the approval of ETFs for XRP, Solana, and Dogecoin in 2025
Event: • A new report reveals that the U.S. Securities and Exchange Commission (SEC) is having internal discussions about approving 3 Spot ETFs: • XRP • Solana (SOL) • Dogecoin (DOGE)
Data: • These developments come after the SEC approved Ethereum ETFs. • Companies such as VanEck, ProShares, and ARK have shown interest in formal applications.
Market Impact: • If realized, the decision could lead to an investment surge in alternative assets. • XRP and SOL in particular may see a doubling of institutional trading volume.
XRP Ledger receives tokenized US bonds worth $693 million from Ondo Finance
Details: • Ondo Finance launched tokens representing US Treasury bonds (USTs) worth $693 million on the XRP Ledger. • This move is one of the largest transitions from traditional finance (TradFi) to open blockchain. • The process facilitates through a tokenization protocol that enables the efficient trading of real-world assets (RWAs) with low fees.
Why is this important? • It enhances the credibility of the XRP Ledger as a robust infrastructure for tradable financial tokens. • It could represent the beginning of a new wave of DeFi + TradFi convergence on alternative networks to Ethereum.
TRX is preparing for a price breakout after the proposal to reduce supply
Initiative: • The Tron network proposes to reduce the total supply of TRX to enhance the value of the token. • This comes after weeks of notable activity on the network and an increase in TVL.
Immediate Impact: • The price of TRX showed strong bullish signals after the announcement, with the potential to break through multi-month resistance.
Removal of 200 million tokens from Pi Network's reserve - What does it mean?
Details: • The team announced the removal of 200 million PI coins from the liquidity reserve. • The stated goal: to improve market balance and increase decentralization.
Reactions: • Supporters see it as a boost to long-term value. • Skeptics warn of ongoing lack of transparency and unclear timeline for Mainnet.
Bernstein: The price of Bitcoin will exceed $200,000 this year
New analysis: • Bernstein Investment Company expects the price of Bitcoin to reach $200K by the end of 2025. • The forecasts are based on: • Institutional demand through ETFs. • Increased corporate treasuries. • Continued supply scarcity after the Halving.
Vision: • The report places BTC on a path similar to digital gold, reinforcing “super cycle” theories.
ProShares Sets June 25 as Critical Date for Solana and XRP ETF
Updates: • ProShares has amended its filing for ETFs linked to Solana and XRP, setting June 25, 2025, as the deadline for approval or rejection. • This comes after increased market pressure to launch alternative ETFs to Bitcoin and Ethereum.
Significance: • If approved, this will be the first directly linked ETFs to non-BTC/ETH assets, opening the door for a wave of new funds for Altcoins.
Cardano Leads a New DeFi Wave through the Cardinal Project and Integration with Bitcoin
Details: • The Cardinal Finance project enhances the integration of Cardano with DeFi and explores bridges with Bitcoin. • It offers new liquidity and financial derivatives within the Cardano ecosystem.
Significance: • ADA is trying to catch up with Ethereum and Solana in the field of decentralized finance and expand its use cases.
Ethereum ETF inflows rise 3% – Is the Ethereum season coming?
Details: • Last week, Ethereum ETF saw inflows exceeding those of Bitcoin by 3%. • This comes after a massive institutional injection and increased market confidence in Ethereum, especially after the approval of the U.S. ETF.
Analysis: • Indicators of the start of the ETH season as large investors return to bet on it.
Canary & Marinade present the first ETF focused on Solana Staking in Delaware
Details: • The file submitted to regulators in Delaware is the first attempt to launch an ETF focused on Staking Solana (SOL). • It relies on the Marinade and Canary projects, which are pioneers in DeFi solutions on the Solana network.
Importance of the event: • A step towards transforming Staking yields into traditional financial instruments. • It reflects increasing confidence in Solana as a platform with institutional viability.
Can XRP reach $10,000? – Ripple advocates stir controversy
Claim: • XRP proponents promote the possibility of the price reaching $10,000, supported by institutional use, CBDC agreements, and the rise of RLUSD products.
Reality and Analysis: • Analysts see this target as unrealistic currently due to the massive supply of XRP (100 billion). • The price requires a market capitalization level exceeding gold – surpassing current dynamics.
Conclusion: An overly optimistic vision, but it reflects strong belief from the XRP community in future global expansion.
Reasons for the decline to around $103K: • Sudden selling pressure from large wallets (whales). • Escalating geopolitical tensions, especially concerns about an economic clash between America and China. • Approaching release of CPI and PPI inflation reports.
Analysts' Opinion: Temporary decline amidst a broader upward trend that still exists.
Will banks use the Pi currency and its nominal value (GCV)? – Check the facts
Claim: Reports claim that several global banks intend to use Pi Coin according to what is called “Global Value GCV”.
Reality: • False claims, there is no official announcement from central banks or financial institutions supporting this. • The Pi Network team has not endorsed these claims.
Warning: Beware of fake news or attempts to manipulate the community to raise the price of the currency.
Guggenheim chooses XRP Ledger to launch a new digital debt product
Details: • The giant investment firm Guggenheim Partners will rely on XRP Ledger to issue a digital debt instrument on-chain. • The project targets institutions, with a focus on transparency, efficiency, and smart contract technology.
Significance: • A new confirmation that XRP Ledger goes beyond the role of XRP and gains credibility in institutional markets.
Binance Launches Alpha Seraph Initiative to Develop Web3 in Asia
What's New? • Joint project between Binance Labs and AlphaVerse, titled “Alpha Seraph”. • Aims to build a Web3 ecosystem that includes NFT games, Metaverse experiences, and digital financial products. • The primary focus will be on the Asian market.
Anemoi Capital Adds Bitcoin to Its Investment Treasury
Details: • Investment company Anemoi Capital officially announced the inclusion of Bitcoin in its asset treasury. • This move is part of a policy to diversify assets amid global economic fluctuations.
Significance: New institutional support strengthens the adoption of Bitcoin as a reserve asset.
Tether Launches Operating System for Bitcoin Mining: MintBit OS
Quick Information: • Tether is developing a dedicated operating system for Bitcoin mining farms, under the name "MintBit OS". • The system focuses on performance, security, and integration with renewable energy.
Goal: Improve mining efficiency and resource management in large-scale mining environments.
Currency prices today: Bitcoin heads towards a new peak at 108K, and Ethereum continues to rebound
Market details: • Bitcoin rises to $108,000, with a possibility of breaking a new ATH. • Ethereum returns above $2,600 supported by ETF momentum and institutional investments. • Solana and XRP record gains of about 3-5%.
Analysis: • Broad bullish momentum with the Fear and Greed Index remaining in the "Greed" zone.
Key Points: • BlackRock's iShares Bitcoin Trust (iBIT) surpasses $70 billion in assets under management. • It becomes the fastest ETF in history to reach this figure, outperforming all previous equity and bond funds.
Impact: • It proves that institutional demand for Bitcoin is still at its peak. • It enhances Bitcoin's position as a major investment asset in global portfolios.
Litecoin attacks Solana and Ethereum with the launch of LITVM
What is LITVM? • A new virtual machine architecture similar to EVM but dedicated to Litecoin. • It allows the execution of smart applications (Smart Contracts) quickly and efficiently without leaving the Litecoin network.
Objectives: • Attract Web3 developers looking for a stable and less congested environment. • Expand the use case of LTC from just a payment tool to a decentralized application platform.