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Meme Coin ETFs May Be Launched By 2026

Since after the launch of Bitcoin, & Ethereum ETF, now a fresh wave of excitement is building around the meme coin ETF. The idea, first sparked by crypto trader Vladcoin, is now being seen as a real possibility by ETF analyst, Eric Balchunas. He believes there’s a strong chance we could see this unique fund by 2026.
#meme #memecoin🚀🚀🚀

XRP Price Prepares for Liftoff: Watch This Key $2.22 Breakout Signal

If XRP goes above $2.22 three days in a row, there is a possibility it could rise to $2.40, $2.60, and even $3.80.

XRP demonstrates a clear uptrend due to RSI at 66.12 and a positive MACD.

The downward trendline on EGRAG CRYPTO’s chart is keeping prices low, and the most recent candles are touching this resistance area. Once XRP moves and remains above the trendline at $2.22, it may head toward $2.40 and further up to $2.60 or $3.80. The market is also reinforced by a well-defined support zone going from $1.80 to $1.00, as $1.00 and the $1.02 Fibonacci retracement level are very close together. The area highlighted in the chart as the Submarine Section acts as a holding area for gold and silver.

#xrp #MACD

XRP and XRPL news

The crypto market dropped after Bitcoin immediately turned away from the $100,000 level following strong US economic data reports.

The cryptocurrency market took a hit today, with the total market capitalization dropping by around 6.3% to about $3.35 trillion on Jan. 8 as strong US economic data pointed toward potential interest rate hikes.
Let’s look closer at the factors driving the crypto market down today.

Bitcoin leads the market slump

Today’s crypto market decline is part of a correction that started during the early New York trading hours on Jan. 7 when Bitcoin BTC $93,467 lost the $100,000 level, as two stronger-than-expected US economic data prints quelled the early-year momentum by crypto assets. 

BTC price dropped as much as 6.35% to an intra-day low of $05,279 on Jan. 8. The decline in the pioneer cryptocurrency triggered panic selling among crypto investors, with prices dropping across the board.

Ether ETH $3,251.17 lost all the gains made over the last seven days, dipping as low as $3,300 on Jan. 8, recording 10% losses over the last 24 hours.

Other top-cap cryptocurrencies posting significant losses on Dec. 16 are Dogecoin DOGE $0.3269, Cardano ADA$0.9259  and Solana SOL $189.10, which are down 12%, 11.7% and 10%, respectively.

The sharp decline in prices liquidated nearly $631 million long positions across derivatives markets betting on rising prices, according to CoinGlass, marking the first large leverage flush of the year. Long BTC leveraged positions totaling $111 million were liquidated on the day.

A similar move was seen on Dec. 18 in the derivatives market when more than $844 million long positions were liquidated. These liquidations accompany a 12% drop in TOTAL—the combined market capitalization of all cryptocurrencies—with more than $1.2 billion being wiped off the crypto market.

A predominance of long liquidations suggests that the crypto market was overleveraged on the bullish side, primarily due to profit-taking and risk-off mode following strong US economic data.

Preparing for the Pepe Halving

Here are steps to make the most of this event:

Monitor the Market: Stay updated on $PEPE’s price movements and overall market trends.

Diversify Your Portfolio: Avoid putting all your funds into a single asset; diversification reduces risk.

Engage in Community Discussions: Join forums and social media groups to gauge sentiment and gather insights.

Set Realistic Goals: Define your profit-taking and stop-loss levels to manage risk effectively.

Final Thoughts

The countdown to the Pepe Halving is officially on, and the crypto community is watching closely.

Whether you’re holding, trading, or simply observing, this event could mark a turning point for $PEPE. With the potential for scarcity-driven price surges, this could be a historic moment for the meme coin.

Will the Pepe Halving propel $PEPE to unprecedented heights, or will it serve as a lesson in tempered expectations? Only time will tell. Keep your strategies sharp, and stay informed as this defining moment unfolds.

XRP News Today: Market Focuses on SEC Commissioner Vote; BTC Retakes $100k

Key Points:

SEC Commissioner Crenshaw renomination vote unexpectedly cancelled on Wednesday, potentially opening the door to a Trump nominee.

SEC plans to appeal rulings in the Ripple cases remains the key driver, with the SEC filing deadline looming.

BTC returns to $100k on Fed rate hike bets and US BTC-spot ETF market inflows.

JASMY, QNT, MEW: Top cryptocurrencies to watch this week

The crypto market just wrapped a highly bullish phase, with the global crypto market cap surging by $220 billion to reach a record-high valuation of $3.8 billion as of Sunday.

This upward trend was largely driven by Bitcoin btc0.08%Bitcoin, which surpassed the $100,000 milestone. However, several altcoins also capitalized on the momentum, achieving massive gains.

Following their noteworthy performances last week, here are our top cryptocurrency picks to keep an eye on this week:

JASMY claims 2-year peak

JasmyCoin jasmy-3.13%JasmyCoin was a major beneficiary of last week’s uptrend. It built on a momentum that began on Nov. 27 and closed the week with an impressive 69% gain.

Introduced by Jasmy Corporation for the Ethereum-based Jasmy platform, JASMY looks to combat concerns around data security. It operates on the Ethereum blockchain as an ERC-20.

The token soared by 27.49% on Dec. 3 — its largest intraday gain in nearly 10 months. Despite a slight pullback the next day, the asset engineered a more remarkable 45% rise on Dec. 5, eventually claiming a two-year peak of $0.0590.

JASMY has so far dropped to retest $0.047. Its relative strength index (RSI) has also slumped to 68.

The asset must retain $0.3912 to hedge against steeper drops. Below this, the next support rests on the 20-day MA at $0.03178.

Not long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial.

The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.

But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump.