M A Rasheed

BlackRock’s ETHA Spot Ethereum ETF Hits Record Trading Volume
BlackRock’s spot Ethereum ETF (ETHA) saw a record-breaking trading volume of $733.8 million on February 3, according to data from SoSoValue. This marks the highest single-day volume ever for the fund, highlighting growing institutional and retail interest in Ethereum-based ETFs.
However, data on net flows for ETHA has not yet been released, leaving uncertainty about whether this trading volume was driven by inflows or outflows.
Why Is BlackRock’s Ethereum ETF Seeing Record Trading Volume?
Several factors contributed to this surge in trading activity:
1. Increasing Institutional Interest in Ethereum
BlackRock’s Ethereum ETF has gained momentum as institutional investors look beyond Bitcoin.Growing ETH-based financial products suggest rising confidence in Ethereum’s long-term value.
2. Anticipation of Ethereum ETF Approvals
The SEC’s ongoing discussions about Ethereum spot ETFs have fueled speculation.Investors may be positioning ahead of potential ETH ETF regulatory decisions.
3. Ethereum’s Market Performance & Volatility
ETH has experienced price fluctuations, leading to higher trading volumes.Traders are actively buying and selling ETH-related ETFs, responding to market conditions
What’s Next for Ethereum ETFs?
📈 Bullish Scenario:
✅ Continued trading activity could drive institutional inflows into Ethereum ETFs.
✅ If net flows show positive inflows, ETHA could become a dominant ETH investment vehicle.
📉 Bearish Scenario:
❌ If trading volume is mostly outflows, it could indicate profit-taking or short-term concerns.
❌ Broader macro uncertainty may slow down Ethereum ETF adoption.
Conclusion
BlackRock’s ETHA spot Ethereum ETF hitting a record $733.8M in trading volume signals strong market demand for Ethereum-based ETFs. While net flow data is still pending, the high trading volume suggests that Ethereum is gaining traction among institutional and retail investors.
If Ethereum ETF inflows continue to grow, ETH could see further price appreciation and increased adoption in traditional finance
#ETH #Ethereum

As 2025 approaches, the cryptocurrency market feels uncertain. Although it has since declined, Solana (SOL) had a fantastic start to the year, achieving significant gains over a 72-hour period. On the other hand, Avalanche (AVAX) has seen losses on a daily, weekly, and monthly basis. Remittix is an emerging company that has been taking center stage while these well-established competitors hold on in the face of turbulence.
This cutting-edge PayFi solution addresses issues directly, resolving inefficiencies in the market for international payments. With a $190 trillion market valuation, Remittix (RTX) has a lot of potential for success in 2025.
What are the prospects for Solana, Avalanche, and Remittix in the first quarter of 2025?
Navigating the Crypto Waves with Solana (SOL)
Right now, Solana (SOL) is trading at about $251.28, up 1.3% over the previous day. Solana's craze appears to be over; following a new high, Solana (SOL) has entered a correction phase and, for the time being, everything appears to be going smoothly. Despite last week's strong performance, some people are now skeptical about Solana's prospects, in part because of the slow 2024 season, and they think this year might wind up being a replay.
On thin ice, Avalanche (AVAX) enters 2025.
To put it simply, Avalanche is not having a good time. The asset has lost 3% in the past day, 14.86% in the last 30 days, and 13.68% in the previous week. There are two possible explanations for the 45% increase in its trading volume. Either Avalanche holders are selling up permanently or people are buying the dip. Currently trading at about $35.99, Avalanche (AVAX) has fell below a crucial resistance level, indicating a negative trend. Many blockchain aficionados continue to admire Avalanche (AVAX) despite its losses because of its strong security foundation and transaction processing capabilities.
Cross-Border Payments Are Redefined by Remittix for 2025
Remittix (RTX) is rapidly becoming a ground-breaking platform that tackles inefficiencies in the $190 trillion market for cross-border payments. Transparency, trust, and accessibility are given top priority by Remittix, which uses state-of-the-art technology to offer a contemporary substitute for conventional methods.
Remittix enables customers to move money to bank accounts worldwide and exchange over 40 cryptocurrencies into fiat currencies. Remittix's flat-rate pricing structure removes hidden costs and guarantees an affordable option for both individuals and companies.
Remittix's sophisticated features, such as the Remittix Pay API, are appealing to businesses. Businesses may now take bitcoin payments and settle them straight in fiat money thanks to this innovation. With support for more than 30 FIAT currencies and 50 cryptocurrency pairs, the API makes cross-border transactions easier and gives companies the ability to grow effectively. Remittix's (RTX) emphasis on user security and accessibility is one of its most notable features.
Because transactions seem like regular bank payments, recipients can take use of blockchain technology without needing to know anything about cryptocurrencies beforehand. Remittix is a preferred option for both experienced and inexperienced users because to its design, which unites traditional finance with digital assets.
Remittix stands apart in the market thanks to its steadfast dedication to financial inclusion. By functioning around the clock and avoiding dependence on conventional banking infrastructure, the platform offers effective cross-border payment solutions to marginalized communities. Its objective of democratizing international financial systems is consistent with this mission.

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$XRP As the legal struggle between Ripple and the Securities and Exchange Commission (SEC) continues, Ripple recently requested a deadline of April 16, 2025, to deliver its answer in the matter. Following the SEC's filing of its appeal brief, which demonstrated its resolve to contest the previous court decision, Ripple made this request.#CryptoSurge2025

The court's earlier decision that certain XRP sales were not securities raised hopes that the SEC would reverse its position.
The SEC, meanwhile, has filed an appeal, contending that XRP sales on the exchange ought to be regarded as securities and asserting that the court committed basic errors. Stuart Alderoty, the head of XRP's legal team, is certain that the SEC's appeal will be rejected and that more compelling arguments will win out in court.
The SEC appeal was described by Alderoty as "just noise." He asserted that the appeal merely restated earlier points and forecast that the subject will probably be dropped by the incoming administration. Ripple is still confident that they will prevail and that a new era of innovation-friendly regulations is approaching.
Lawyer Jeremy Hogan, who has been following the case carefully, has called the SEC appeal "lackluster." Additionally, he claimed that it is feeble and that the SEC is still having difficulty demonstrating that XRP purchasers anticipated financial gain from Ripple's initiatives.

U.Today: Retail Bitcoin (BTC) investors have been investing more in the flagship cryptocurrency over the past month. More Bitcoin addresses are now holding smaller amounts of the money, according to data from the on-chain market intelligence site Glassnode. Retail investors get active
Analyzing Glassnode data
Glassnode provided a figure in an X post that showed a surge in the amount of Bitcoin held by investors with 1–10 BTC. These investors, who belong to the Shrimp and Crab cohort, accumulated 25,600 BTC, or 1.9 times the newly issued Bitcoin supply from the previous month. These smaller investors bought more Bitcoin at prices of about $100,000.A surge in new investors is reflected in the growing retail activity on the Bitcoin market. It proves that current investors and whales are not the reason behind the recent spike in Bitcoin prices.
Additionally, an accumulation-phase pattern may be indicated by the rising retail demand for Bitcoin.
The adoption of Bitcoin may be solidified if the current trend persists, which might result in another price increase. It is crucial to remember, though, that retail investors have historically been more prone to panic during slight market swings, which frequently leads to hasty profit-taking.
As a result, if market sentiment changes negatively or volatility increases, Bitcoin may experience more selling pressure. The price of Bitcoin is currently down 3.5% over the past day, at $102,395 as of this writing.
Bitcoin whales push harder
According to an intriguing recent U.Today report, Bitcoin whales have started trading again. The spot Bitcoin Exchange-Traded Fund (ETF) market saw $248 million in net inflows on Wednesday. This implies that despite Bitcoin's dismal price trend, institutional demand is still fairly substantial. Larry Fink, the CEO of BlackRock (NYSE:BLK), recently predicted that Bitcoin may rise to $700,000. According to Fink, his forecast depends on Bitcoin's capacity to draw in further institutional adoption. A possible Bitcoin investment with a sovereign wealth fund was also disclosed by the CEO.
#BTC #forextrader $BTC
#CryptoSurge2025

A Seattle judge will hear a request on Thursday by four states to temporarily halt President Donald Trump's executive order to end birthright citizenship in the US.

The request - filed on behalf of Washington, Arizona, Illinois and Oregon - asks for the order to be paused while the federal court considers the states' legal challenge.

It marks the first court hearing on the executive order, signed by Trump on Monday, which seeks to end the right to citizenship for children who are born in the US to parents who are in the country illegally or temporarily.

A group of 18 other Democratic-led states, along with the District of Columbia and the city of San Francisco, have filed a separate challenge.

Birthright citizenship is the automatic American citizenship that is granted to anyone born in the country. The principle was established by the 14th Amendment of the US Constitution, making it difficult to overturn.

Trump, who has issued a range of unilateral actions since returning to the US presidency on Monday, has long vowed to make this particular change.

His executive order called on US government departments and agencies to deny the granting of citizenship to the children of migrants who are either in the US illegally or on temporary visas.

It will apply to children born on 19 February and onwards, according to legal filings in the case by the Department of Justice (DoJ).

There have been reports that the administration will enforce the order by withholding documents, such as passports, from people it deems ineligible for citizenship.

In their lawsuit, the four states challenging the order argue that the 14th Amendment and US law "automatically confer citizenship upon individuals born in the United States" and that the president does not have the power to amend the Constitution.

They add that if the order is implemented, residents of those states will "suffer immediate and irreparable harm".

"The individuals who are stripped of their United States citizenship will be rendered undocumented, subject to removal or detention, and many will be stateless," the lawsuit states.

The states' lawsuit seeks to block federal agencies from acting on the order - while the request for a temporary restraining order looks to pause the president's order while the court hears the arguments.

In response, the DoJ argues in its own papers that the case does not warrant the "extraordinary measure" of a temporary restraining order.

It also offers a different interpretation of the 14th Amendment, highlighting that the document affords US citizenship only to people born in the US "and subject to there jurisdiction thereof", arguing that this excludes children of non-citizens who are in the US unlawfully.

The DoJ adds that Trump's order is "an integral part" of his goal to address the country's "broken immigration system and the ongoing crisis at the southern border".

Thousands of people could be impacted by the order. There were 255,000 children born to undocumented mothers in the US in 2022, according to the states' legal challenge.

The broader legal action issued against Trump's administration will feature personal testimony from state attorneys general themselves, the AP news agency reports. William Tong, who represents Connecticut and is a US citizen by birthright, told AP the matter was personal, adding: "There is no legitimate legal debate on this question."

Without a direct amendment to the US Constitution - which requires a two-thirds vote in both chambers of Congress, plus the approval by America's states - experts say the issue is likely to be ultimately decided by the courts.

Thursday's court hearing will be presided over by Judge John Coughenour, who has served in the Western District of Washington court since 1981 after he was appointed by then-president Ronald Reagan.

Trump's birthright citizenship order is also facing a legal challenge from the American Civil Liberties Union (ACLU).

According to recent Standard Chartered projections, the value of Bitcoin is expected to increase significantly, possibly hitting $200,000 by 2025. Notwithstanding the positive prognosis, several experts advise caution due to the regulatory concerns surrounding the bitcoin industry brought on by the Trump administration.
Is It Time for Investors to Exercise Caution Regarding Bitcoin?
Leading Standard Chartered executive Geoffrey Kendrick cautions about the dangers because of the hazy regulatory environment. He notes that if Trump wins a second term, there might be a major regulatory overhaul, but no strategic reserve for Bitcoin has been created as of yet.
How is the SEC Handling the Mysteries of Crypto Regulation?
The SEC established a group of experts called "Crypto 2.0" to address the regulatory issues and provide clarification on the regulations pertaining to digital assets. Mark Uyeda is leading this initiative, which seeks to repair relationships with the bitcoin community in order to possibly improve the climate for bitcoin investments.
Numerous factors impact the forecast for Bitcoin, such as:
Medium-term price hikes could be significant. interest from institutions, especially pension funds. ongoing changes to regulations that may help keep the market stable.
Given that it is anticipated that Bitcoin would reach approximately 318,806 Australian dollars by the end of the year, many market participants see price declines as advantageous purchasing opportunities. Overall, because of regulatory uncertainty, the changing bitcoin ecosystem offers both substantial risks and profit-making potential.
#BTCNextATH #ETHProspects
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