User- El145
Open Trade
High-Frequency Trader
1.4 Years
75 Following
92 Followers
262 Liked
61 Shared
All
Quotes
Bitcoin dropped below $90,000 for the first time since April on Monday, as the worldâs most valuable cryptocurrency is hit by a selloff that has cratered its price by 16% in the past month, with traders predicting it could drop as low as $80,000.
Bitcoinâs price dropped as low as $89,426 late on Monday night and continued to hover just below the $90,000, down more than 5.3% in the past 24 hours.
The continued slide means bitcoin has wiped out its gains this year.
Bitcoin's last major slump below the $90,000 mark occurred in Aprilâwhen it bottomed out just below $75,000âafter President Donald Trump unveiled his sweeping set of tariffs at the so-called âLiberation Dayâ event.
The latest selloff is a result of wider economic fears, including concerns that the Federal Reserve may not slash interest rates further in December.
Bitcoinâs slide impacted other key crypto tokens as well, with Etherâthe worldâs second most valuable cryptocurrency by market capâdropping below $3,000âdown more than 5.6% in the past 24 hours. XRP, Binanceâs BNB and Solanaâs SOL are down 3.9%, 3% and 3.2% respectively, in the past 24 hours. Dogecoin, the largest memecoin in the crypto market, has also slipped by more than 3.8% over the past 24 hours.
#BTC90kBreakingPoint
#USStocksForecast2026
#StrategyBTCPurchase
Bitcoinâs price dropped as low as $89,426 late on Monday night and continued to hover just below the $90,000, down more than 5.3% in the past 24 hours.
The continued slide means bitcoin has wiped out its gains this year.
Bitcoin's last major slump below the $90,000 mark occurred in Aprilâwhen it bottomed out just below $75,000âafter President Donald Trump unveiled his sweeping set of tariffs at the so-called âLiberation Dayâ event.
The latest selloff is a result of wider economic fears, including concerns that the Federal Reserve may not slash interest rates further in December.
Bitcoinâs slide impacted other key crypto tokens as well, with Etherâthe worldâs second most valuable cryptocurrency by market capâdropping below $3,000âdown more than 5.6% in the past 24 hours. XRP, Binanceâs BNB and Solanaâs SOL are down 3.9%, 3% and 3.2% respectively, in the past 24 hours. Dogecoin, the largest memecoin in the crypto market, has also slipped by more than 3.8% over the past 24 hours.
#BTC90kBreakingPoint
#USStocksForecast2026
#StrategyBTCPurchase
XRP Falls 4.3% Even After XRPC ETF Launch on Bitcoin Weakness, Finds Buyers Near $2.22
The market remains bearish with XRP struggling to break above the $2.23â$2.24 resistance zone.
XRP experienced a significant selloff, dropping from $2.31 to $2.22, despite the launch of a new U.S. spot XRP ETF.
The market remains bearish with XRP struggling to break above the $2.23â$2.24 resistance zone.
Institutional interest is evident from ETF inflows, but broader market pressures continue to suppress crypto momentum.
XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum.
The market remains bearish with XRP struggling to break above the $2.23â$2.24 resistance zone.
XRP experienced a significant selloff, dropping from $2.31 to $2.22, despite the launch of a new U.S. spot XRP ETF.
The market remains bearish with XRP struggling to break above the $2.23â$2.24 resistance zone.
Institutional interest is evident from ETF inflows, but broader market pressures continue to suppress crypto momentum.
XRP faced intense selling pressure at key support levels before a dramatic, high-volume V-shaped reversal signaled potential exhaustion of downward momentum.
Hereâs Why Bitcoin Bulls Must Preserve $94,500 Price Point â Analyst
In a recent post on November 15, PlanD drew market attention to a potentially bullish situation on the BTCUSDT chart. Notably, the market expert states that Bitcoinâs price movement over the last four months has created a symmetrical expanding triangle.
Following the price losses seen in the past week, Bitcoin presently trades near the lower boundary of this formation at $94,500, creating a high-stakes situation. According to PlanD, if market bulls lose this support zone, it could result in an extended market correction to around $72,000 â $73,000, suggesting a potential 24% devaluation from current market prices.
On the other hand, if the price holds above $94,500, the analyst expects a price rebound to around $131,000, which corresponds to the upper resistance zone of the broadening symmetrical triangle. However, a potential volume-driven breakout from this formation amid high bullish pressure could push Bitcoinâs price to around $174,000, representing an 83% gain on present market prices.
The Bullish Catalysts
While staying above $94,500 is crucial to preserving Bitcoinâs bullish structure, PlanD has also listed the market factors that are important to stimulating a rally. One of these factors is expectations of a continuous reduction in interest rates by the US Federal Reserve.
In a recent post on November 15, PlanD drew market attention to a potentially bullish situation on the BTCUSDT chart. Notably, the market expert states that Bitcoinâs price movement over the last four months has created a symmetrical expanding triangle.
Following the price losses seen in the past week, Bitcoin presently trades near the lower boundary of this formation at $94,500, creating a high-stakes situation. According to PlanD, if market bulls lose this support zone, it could result in an extended market correction to around $72,000 â $73,000, suggesting a potential 24% devaluation from current market prices.
On the other hand, if the price holds above $94,500, the analyst expects a price rebound to around $131,000, which corresponds to the upper resistance zone of the broadening symmetrical triangle. However, a potential volume-driven breakout from this formation amid high bullish pressure could push Bitcoinâs price to around $174,000, representing an 83% gain on present market prices.
The Bullish Catalysts
While staying above $94,500 is crucial to preserving Bitcoinâs bullish structure, PlanD has also listed the market factors that are important to stimulating a rally. One of these factors is expectations of a continuous reduction in interest rates by the US Federal Reserve.
Bitcoin is trading at $102,848, with a market capitalization of $2.05 trillion and a 24-hour trading volume of $59.85 billion. The intraday price range spans from $102,349 to $104,412, reflecting a relatively narrow band of volatility amid consolidative market behavior.
The support zone remains near $98,900, where the last aggressive dip attracted strong buying interest, while resistance is forming near $104,500. Without a substantial uptick in volume, further upward movement appears unlikely, and traders are watching closely for price interaction near the $100,000 to $101,000 zone to gauge momentum strength.
The daily chart presents a more pronounced macro bearish narrative, characterized by a consistent series of lower highs and lower lows. The rejection from $126,272 has cascaded into continued downward pressure, with $98,898 now acting as a vital support floor. The priceâs consolidation near $103,000 lacks sufficient bullish volume, suggesting indecision and a potential continuation of the bearish trend. A confirmed daily close above $108,000 to $110,000 would be required to break the macro pattern and establish upward momentum.
If bitcoin maintains its footing above the $98,000 support and manages a decisive break above $110,000 on rising volume, the technical landscape could shift in favor of a recovery. A close above this level would disrupt the current downtrend structure and signal renewed accumulation interest, potentially setting the stage for a move toward prior highs in the $120,000 range.
#ADPJobsSurge
#BinanceHODLerSAPIEN
#BinanceHODLerMMT
#PrivacyCoinSurge
The support zone remains near $98,900, where the last aggressive dip attracted strong buying interest, while resistance is forming near $104,500. Without a substantial uptick in volume, further upward movement appears unlikely, and traders are watching closely for price interaction near the $100,000 to $101,000 zone to gauge momentum strength.
The daily chart presents a more pronounced macro bearish narrative, characterized by a consistent series of lower highs and lower lows. The rejection from $126,272 has cascaded into continued downward pressure, with $98,898 now acting as a vital support floor. The priceâs consolidation near $103,000 lacks sufficient bullish volume, suggesting indecision and a potential continuation of the bearish trend. A confirmed daily close above $108,000 to $110,000 would be required to break the macro pattern and establish upward momentum.
If bitcoin maintains its footing above the $98,000 support and manages a decisive break above $110,000 on rising volume, the technical landscape could shift in favor of a recovery. A close above this level would disrupt the current downtrend structure and signal renewed accumulation interest, potentially setting the stage for a move toward prior highs in the $120,000 range.
#ADPJobsSurge
#BinanceHODLerSAPIEN
#BinanceHODLerMMT
#PrivacyCoinSurge
Ether ETFs surpass Bitcoin ETF inflows in Q3
Spot Ether
ETH
$3,843
ETFs attracted $ 9.6 billion in inflows during the third quarter of 2025, surpassing the $8.7 billion generated by spot Bitcoin
BTC
$109,759
ETF inflows, according to data aggregator SosoValue.
That shift signals increasing institutional demand for alternative crypto exposure.
The trend may see the altcoin ETFs catalyzing the next wave of institutional altcoin adoption as new regulated vehicles, resulting in years of sustained inflows, Waidmann said.
âInstitutions found Bitcoin via ETFs, now theyâre moving into Ethereum, and other altcoins are coming next.â
The industryâs most successful traders, tracked as âsmart moneyâ traders on Nansenâs blockchain intelligence platform, are also positioning themselves for the approval of altcoin ETFs.
The Uniswap
UNI
$5.84
, Aave
AAVE
$218.03
and Chainlink
LINK
$17.27
were the three most held tokens by smart money traders on Thursday, data from Nansen shows.
Related: Crypto treasuries siphon $800B from altcoins, and it might be âforeverâ
However, some analysts are concerned that BlackRockâs absence from the altcoin ETFs will result in limited overall inflows, as BlackRockâs Bitcoin ETF has amassed $28.1 billion in investments so far in 2025, making it the only fund to log positive year-to-date (YTD) inflows.
Without BlackRockâs fund, the spot Bitcoin ETFs recorded a cumulative net outflow of $1.27 billion year-to-date, according to K33âs head of research, Vetle Lunde.
#AltcoinETFsLaunch
#FOMCMeeting
#KITEBinanceLaunchpool
Spot Ether
ETH
$3,843
ETFs attracted $ 9.6 billion in inflows during the third quarter of 2025, surpassing the $8.7 billion generated by spot Bitcoin
BTC
$109,759
ETF inflows, according to data aggregator SosoValue.
That shift signals increasing institutional demand for alternative crypto exposure.
The trend may see the altcoin ETFs catalyzing the next wave of institutional altcoin adoption as new regulated vehicles, resulting in years of sustained inflows, Waidmann said.
âInstitutions found Bitcoin via ETFs, now theyâre moving into Ethereum, and other altcoins are coming next.â
The industryâs most successful traders, tracked as âsmart moneyâ traders on Nansenâs blockchain intelligence platform, are also positioning themselves for the approval of altcoin ETFs.
The Uniswap
UNI
$5.84
, Aave
AAVE
$218.03
and Chainlink
LINK
$17.27
were the three most held tokens by smart money traders on Thursday, data from Nansen shows.
Related: Crypto treasuries siphon $800B from altcoins, and it might be âforeverâ
However, some analysts are concerned that BlackRockâs absence from the altcoin ETFs will result in limited overall inflows, as BlackRockâs Bitcoin ETF has amassed $28.1 billion in investments so far in 2025, making it the only fund to log positive year-to-date (YTD) inflows.
Without BlackRockâs fund, the spot Bitcoin ETFs recorded a cumulative net outflow of $1.27 billion year-to-date, according to K33âs head of research, Vetle Lunde.
#AltcoinETFsLaunch
#FOMCMeeting
#KITEBinanceLaunchpool
Bitcoin hovered near $113,000 in Asian afternoon hours Wednesday as traders positioned cautiously ahead of this weekâs Federal Reserve policy decision, with fading liquidity and a stronger dollar weighing on sentiment across risk markets.
The worldâs largest cryptocurrency remained up 4.5% over the past week but slipped 0.7% in the past 24 hours, mirroring modest losses across major tokens. Ether
ETH
$4,004.00
traded at $4,028, down 1.4%, while Solanaâs SOL and Binanceâs BNB each declined about 2%. XRP held slightly higher near $2.62, extending a strong seven-day run as traders rotated into high-volume tokens.
The moves come ahead of a pivotal Federal Open Market Committee (FOMC) meeting on Oct. 28â29, where officials are widely expected to cut benchmark rates by 25 basis points to the 4.00%â4.25% range.
#PowellRemarks
#BinanceHODLerZKC
#CryptoScamSurge
The worldâs largest cryptocurrency remained up 4.5% over the past week but slipped 0.7% in the past 24 hours, mirroring modest losses across major tokens. Ether
ETH
$4,004.00
traded at $4,028, down 1.4%, while Solanaâs SOL and Binanceâs BNB each declined about 2%. XRP held slightly higher near $2.62, extending a strong seven-day run as traders rotated into high-volume tokens.
The moves come ahead of a pivotal Federal Open Market Committee (FOMC) meeting on Oct. 28â29, where officials are widely expected to cut benchmark rates by 25 basis points to the 4.00%â4.25% range.
#PowellRemarks
#BinanceHODLerZKC
#CryptoScamSurge
World Liberty Financial to Airdrop 8.4M WLFI Tokens to Early USD1 Users
The Trump-backed stablecoin project is rewarding early adopters through its USD1 points program, distributing tokens across six exchanges as it expands into DeFi and real-world asset integrations.
#CPIWatch
#APRBinanceTGE
#AltcoinETFsLaunch
#FranceBTCReserveBill
#MarketPullback
The Trump-backed stablecoin project is rewarding early adopters through its USD1 points program, distributing tokens across six exchanges as it expands into DeFi and real-world asset integrations.
#CPIWatch
#APRBinanceTGE
#AltcoinETFsLaunch
#FranceBTCReserveBill
#MarketPullback
BNB Price Forecast: Bearish flag flashes downside risk as revenue, DEXs volume tumble
BNB tests the $1,100 mark after Tuesday's 3% decline, risking a potential downside breakout of a bearish flag pattern.
A steady decrease in DEXs' volume and chain revenue indicates low on-chain demand.
The retail sentiment surrounding BNB tilts bearish, betting on further losses.
BNB, previously known as Binance Coin, is trading near $1,100 at press time on Wednesday, following a 3% drop the previous day. The declining network activity on the BNB chain ecosystem and the nearly 5% drop in futures Open Interest indicate low demand.
From a technical perspective, BNB risks further losses if it breaks below the 200-period Exponential Moving Average (EMA) on the 4-hour chart, confirming a bearish flag breakout.
$BNB
#MarketPullback
#FranceBTCReserveBill
#AltcoinETFsLaunch
#WriteToEarnUpgrade
BNB tests the $1,100 mark after Tuesday's 3% decline, risking a potential downside breakout of a bearish flag pattern.
A steady decrease in DEXs' volume and chain revenue indicates low on-chain demand.
The retail sentiment surrounding BNB tilts bearish, betting on further losses.
BNB, previously known as Binance Coin, is trading near $1,100 at press time on Wednesday, following a 3% drop the previous day. The declining network activity on the BNB chain ecosystem and the nearly 5% drop in futures Open Interest indicate low demand.
From a technical perspective, BNB risks further losses if it breaks below the 200-period Exponential Moving Average (EMA) on the 4-hour chart, confirming a bearish flag breakout.
$BNB
#MarketPullback
#FranceBTCReserveBill
#AltcoinETFsLaunch
#WriteToEarnUpgrade
ICP Hovers Around $3.20 Resistance With 115% Volume Surge
Internet Computer gained 1.6% and rose to $3.22 as institutional volume spiked, confirming bullish breakout above the key $3.20 level.
$ICP
Internet Computer gained 1.6% and rose to $3.22 as institutional volume spiked, confirming bullish breakout above the key $3.20 level.
$ICP
BNB Drops After $1.65B Token Burn, Eyes Resistance Near $1,150
Traders face a mixed outlook, with BNB's deflationary mechanics potentially leading to a boost if demand grows, but technicals show the price stuck in a narrow range.
$BNB
Traders face a mixed outlook, with BNB's deflationary mechanics potentially leading to a boost if demand grows, but technicals show the price stuck in a narrow range.
$BNB
Bitcoin analysts say this must happen for BTC price to take out $115K
A pickup in Bitcoin price momentum and trading activity could push BTC above the next significant hurdle at $115,000 and secure a sustained recovery.
Bitcoinâs
BTC
$114,546
10% rally from its Oct. 17 lows of $103,500 appears to have stalled at $115,000, amid diminishing demand and low onchain activity.
Several analysts revealed what must happen to increase Bitcoinâs potential to break above $115,000 in the following days or weeks.
Bitcoin must hold $114,000 support
BTC priceâs 5% climb over the last seven days saw it reclaim key levels, including the 200-day simple moving average (SMA), the $110,000 psychological level and $114,000, where it has found support, per data from Cointelegraph Markets Pro and TradingView.
Related: BTC price eyes record monthly close: 5 things to know in Bitcoin this week
Bitcoinâs bullish case hinges on bulls defending the support at $114,000, according to Swissblock.
âThis week is about confirmation â proving that Bitcoin is forming a bottom and can hold the $114K support,â the private wealth manager said in a Tuesday X post.
Swissblock explained that as price momentum has remained negative since the Oct. 11 flash crash, the key now lies in âmomentum ignition,â adding:
âFor BTC to sustain upside continuation, it must generate fresh buying pressure to defend $114K and begin constructing a new bullish structure from that base.â
#WriteToEarnUpgrade
#MarketPullback
#CPIWatch
#APRBinanceTGE
A pickup in Bitcoin price momentum and trading activity could push BTC above the next significant hurdle at $115,000 and secure a sustained recovery.
Bitcoinâs
BTC
$114,546
10% rally from its Oct. 17 lows of $103,500 appears to have stalled at $115,000, amid diminishing demand and low onchain activity.
Several analysts revealed what must happen to increase Bitcoinâs potential to break above $115,000 in the following days or weeks.
Bitcoin must hold $114,000 support
BTC priceâs 5% climb over the last seven days saw it reclaim key levels, including the 200-day simple moving average (SMA), the $110,000 psychological level and $114,000, where it has found support, per data from Cointelegraph Markets Pro and TradingView.
Related: BTC price eyes record monthly close: 5 things to know in Bitcoin this week
Bitcoinâs bullish case hinges on bulls defending the support at $114,000, according to Swissblock.
âThis week is about confirmation â proving that Bitcoin is forming a bottom and can hold the $114K support,â the private wealth manager said in a Tuesday X post.
Swissblock explained that as price momentum has remained negative since the Oct. 11 flash crash, the key now lies in âmomentum ignition,â adding:
âFor BTC to sustain upside continuation, it must generate fresh buying pressure to defend $114K and begin constructing a new bullish structure from that base.â
#WriteToEarnUpgrade
#MarketPullback
#CPIWatch
#APRBinanceTGE
$STO
Is The Bitcoin Bull Market Over? Pundit Warns Investors Of 30-Day Window To Take Profit
The Bitcoin price hit a new all-time high in July, but has since slowed down. While the Ethereum price had also hit a new all-time high back in August, the broader altcoin market remains weak, leading to speculations that there will not be an altcoin season. With no expectations of an altcoin season happening soon, some have started calling for the cycle top, meaning that a bear market could be on the horizon.
Bitcoin Halving Trend Says Bull Market Is Over
Crypto investor and trader Philakone took to the X (formerly Twitter) platform to update his over 170,000 followers on what part of the cycle the market is in. To do this, Philakone looks back on the past two bull cycles, using the duration of each one from the Bitcoin halving to predict when the current cycle will end.
#BinanceHODLerHOLO
#AITokensRally
#MemeCoinETFs
#BinanceAlphaAlert
#AltcoinMarketRecovery
The Bitcoin price hit a new all-time high in July, but has since slowed down. While the Ethereum price had also hit a new all-time high back in August, the broader altcoin market remains weak, leading to speculations that there will not be an altcoin season. With no expectations of an altcoin season happening soon, some have started calling for the cycle top, meaning that a bear market could be on the horizon.
Bitcoin Halving Trend Says Bull Market Is Over
Crypto investor and trader Philakone took to the X (formerly Twitter) platform to update his over 170,000 followers on what part of the cycle the market is in. To do this, Philakone looks back on the past two bull cycles, using the duration of each one from the Bitcoin halving to predict when the current cycle will end.
#BinanceHODLerHOLO
#AITokensRally
#MemeCoinETFs
#BinanceAlphaAlert
#AltcoinMarketRecovery
Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 10)
Stay Ahead with Our Timely Insights of Todayâs Next Crypto to Explode
Check out our Live Next Crypto to Explode Updates for September 10, 2025!
Crypto is so unthinkably huge at the moment, a nearly $4 trillion industry thatâs aiming for world domination.
Recent headlines talk of Circle and Mastercard planning to add USDC to global payment systems, Ethereum and Bitcoin treasuries in the billions of dollars, and Google building its own blockchain.
Bitcoin has an all-time growth of over 180,000,000%, Dogecoin over 43,000%, and some of the newest presale coins often pump 10x, 100x, or even 1,000x on rare occasions.
Explosive potential is probably the single best description for what weâre seeing today in crypto.
#MemeCoinETFs
#AltcoinMarketRecovery
#
Stay Ahead with Our Timely Insights of Todayâs Next Crypto to Explode
Check out our Live Next Crypto to Explode Updates for September 10, 2025!
Crypto is so unthinkably huge at the moment, a nearly $4 trillion industry thatâs aiming for world domination.
Recent headlines talk of Circle and Mastercard planning to add USDC to global payment systems, Ethereum and Bitcoin treasuries in the billions of dollars, and Google building its own blockchain.
Bitcoin has an all-time growth of over 180,000,000%, Dogecoin over 43,000%, and some of the newest presale coins often pump 10x, 100x, or even 1,000x on rare occasions.
Explosive potential is probably the single best description for what weâre seeing today in crypto.
#MemeCoinETFs
#AltcoinMarketRecovery
#
âif it begins trading Thursdayâwould represent a first-of-its-kind US DOGE ETF launched as a â40 Act fund, a structure industry analysts say can reach the market without the same exchange rule-change approval required for commodity-based trusts.
For investors and issuers, the split underscores how crypto ETFs are evolving beyond the binary of âapproved or deniedâ for spot commodity trusts. Bitwise is pursuing a product that would hold DOGE directly in a trust structure consistent with NYSE Arcaâs Rule 8.201-E framework, while REX-Osprey appear set to offer DOGE exposure inside a registered investment companyâakin to SSKâs approachâhighlighting the growing role of â40 Act mechanics in bringing non-bitcoin assets to the exchange-traded market.
At press time, DOGE traded at $0.24.
#BinanceHODLerHOLO
#AITokensRally
#MemeCoinETFs
#BinanceAlphaAlert
#AltcoinMarketRecovery
For investors and issuers, the split underscores how crypto ETFs are evolving beyond the binary of âapproved or deniedâ for spot commodity trusts. Bitwise is pursuing a product that would hold DOGE directly in a trust structure consistent with NYSE Arcaâs Rule 8.201-E framework, while REX-Osprey appear set to offer DOGE exposure inside a registered investment companyâakin to SSKâs approachâhighlighting the growing role of â40 Act mechanics in bringing non-bitcoin assets to the exchange-traded market.
At press time, DOGE traded at $0.24.
#BinanceHODLerHOLO
#AITokensRally
#MemeCoinETFs
#BinanceAlphaAlert
#AltcoinMarketRecovery
Spot Dogecoin ETFâNah, But DOJE Is Coming
The delay keeps Bitwise in the growing queue of spot altcoin ETFs waiting on the traditional pathway used by the spot bitcoin and ether products: an exchange rule change under the Securities Exchange Act of 1934 paired with a Securities Act registration statement. Bitwiseâs DOGE product is structured as a commodity-based trust that would hold Dogecoin in custody, with Coinbase Custody listed as the Dogecoin custodian in its S-1 filing.
Even as the spot DOGE application slips to November, a Dogecoin ETF from REX Shares and Osprey Funds is slated to begin trading this Thursday via a different regulatory route. The product will list under the ticker DOJE and is distributed by Foreside Fund Services, with launch timing confirmed for Thursday. This fund leverages the Investment Company Act of 1940ârather than the â33/â34 Act spot-commodity-trust pathwayâto offer DOGE exposure, a structure the issuers previously used for their Solana product.
Bloombergâs Eric Balchunas framed the moment succinctly, posting on X: âMeme coin ETF era about to kick off it looks like with DOJE slated for a Thursday launch, albeit under the 40 Act a la SSK. Thereâs a big group of â33 Act-ers waiting for SEC approval still. Pretty sure this is first-ever US ETF to hold something that has no utility on purpose.â
REX-Ospreyâs use of the â40 Act route echoes the playbook behind SSK, the REX-Osprey SOL + Staking ETF, which lists on Cboe and holds SOL exposure while seeking to pass through staking rewards within the constraints of a registered fund. That earlier launch established a template for crypto-exposure ETFs that do not rely on an exchangeâs 19b-4 rule change to list a spot commodity trust.
The SECâs latest Bitwise order leaves the market with two parallel tracks for Dogecoin exposure in US ETFs. On one side is the Bitwise proposal, proceeding through the familiar spot-trust approval gauntlet that culminates on Nov. 12 absent another procedural shift. On the other is DOJE, whichâif it begins trading Thursdayâ
The delay keeps Bitwise in the growing queue of spot altcoin ETFs waiting on the traditional pathway used by the spot bitcoin and ether products: an exchange rule change under the Securities Exchange Act of 1934 paired with a Securities Act registration statement. Bitwiseâs DOGE product is structured as a commodity-based trust that would hold Dogecoin in custody, with Coinbase Custody listed as the Dogecoin custodian in its S-1 filing.
Even as the spot DOGE application slips to November, a Dogecoin ETF from REX Shares and Osprey Funds is slated to begin trading this Thursday via a different regulatory route. The product will list under the ticker DOJE and is distributed by Foreside Fund Services, with launch timing confirmed for Thursday. This fund leverages the Investment Company Act of 1940ârather than the â33/â34 Act spot-commodity-trust pathwayâto offer DOGE exposure, a structure the issuers previously used for their Solana product.
Bloombergâs Eric Balchunas framed the moment succinctly, posting on X: âMeme coin ETF era about to kick off it looks like with DOJE slated for a Thursday launch, albeit under the 40 Act a la SSK. Thereâs a big group of â33 Act-ers waiting for SEC approval still. Pretty sure this is first-ever US ETF to hold something that has no utility on purpose.â
REX-Ospreyâs use of the â40 Act route echoes the playbook behind SSK, the REX-Osprey SOL + Staking ETF, which lists on Cboe and holds SOL exposure while seeking to pass through staking rewards within the constraints of a registered fund. That earlier launch established a template for crypto-exposure ETFs that do not rely on an exchangeâs 19b-4 rule change to list a spot commodity trust.
The SECâs latest Bitwise order leaves the market with two parallel tracks for Dogecoin exposure in US ETFs. On one side is the Bitwise proposal, proceeding through the familiar spot-trust approval gauntlet that culminates on Nov. 12 absent another procedural shift. On the other is DOJE, whichâif it begins trading Thursdayâ
BTC WHALE CAUSES MINI-CRASH, ETH HITS ATH, FOOTBALLFUN GOES VIRAL
ETH hits new ATH then retreats. Whale dumps 24k BTC, triggers mini-crash. Only 18.3m ETH is left on exchanges. Jump & Galaxy plan $1bn SOL treasury vehicle. Sharps Technology plans $400bn SOL DAT. VanEck files for first SOL liquid staking ETF. Sharplink to buy back $1.5b stock. BitMine now owns $7.9bn ETH. Japan set to cut crypto taxes, greenlight BTC ETFs. Metaplanet buys $11.7m BTC, joins FTSE Japan. Saylor signals 3rd consecutive Strategy BTC buy. Several issuers files amended S-1 for XRP ETF. XRP flips BlackRock market cap. WLFI trades at $25bn pre-launch. AAVE denies it will get part of WLFI supply. AAVE TVL crosses $57b, now 62% of DeFi lending. Stargate DAO approves LayerZero acquisition offer. Philippines considers BTC reserve.
#MarketPullback
#SOLTreasuryFundraising
#BTCWhalesMoveToETH
#BNBATH900
#TrumpFiresFedGovernorCook
ETH hits new ATH then retreats. Whale dumps 24k BTC, triggers mini-crash. Only 18.3m ETH is left on exchanges. Jump & Galaxy plan $1bn SOL treasury vehicle. Sharps Technology plans $400bn SOL DAT. VanEck files for first SOL liquid staking ETF. Sharplink to buy back $1.5b stock. BitMine now owns $7.9bn ETH. Japan set to cut crypto taxes, greenlight BTC ETFs. Metaplanet buys $11.7m BTC, joins FTSE Japan. Saylor signals 3rd consecutive Strategy BTC buy. Several issuers files amended S-1 for XRP ETF. XRP flips BlackRock market cap. WLFI trades at $25bn pre-launch. AAVE denies it will get part of WLFI supply. AAVE TVL crosses $57b, now 62% of DeFi lending. Stargate DAO approves LayerZero acquisition offer. Philippines considers BTC reserve.
#MarketPullback
#SOLTreasuryFundraising
#BTCWhalesMoveToETH
#BNBATH900
#TrumpFiresFedGovernorCook
Was $124K the top? Bitcoin's price peak signals tell a different story
Bitcoinâs pullback is flushing out weaker hands, while resilient holders remain focused on the $150,000 technical analysis target in play.
Bitcoinâs $124,500 high is unlikely to be the cycle top, with all 30 peak indicators still neutral.
Recent losses show new investors capitulating as seasoned holders are unfazed.
Holding above the 20-week EMA keeps Bitcoinâs path open toward $150,000.
Bitcoinâs
BTC
$109,653
retreat from its record highs is fueling concerns over whether the market has already peaked for 2025. But the so-called â$124K topâ is nothing but ânoise,â according to analyst Merlijn The Trader.
30/30 indicators hint Bitcoin has more room to rise
In a Tuesday post, Merlijn stressed that none of Bitcoinâs 30 widely followed peak indicators have flashed red so far.
Historically, Bitcoin cycle tops have coincided with multiple âoverheatingâ signals across well-known onchain tools.
For instance, the Puell Multiple, which spikes when miners earn unsustainably high revenues, is sitting at just 1.39, well below the 2.2 danger zone seen before past price peaks.
Similarly, the MVRV Z-Score, which compares Bitcoinâs price to its actual capital inflows, remains in neutral territory rather than at the overheated extremes that marked prior tops.
#MarketPullback
#BTCWhalesMoveToETH
#TrumpFiresFedGovernorCook
#BNBATH900
Bitcoinâs pullback is flushing out weaker hands, while resilient holders remain focused on the $150,000 technical analysis target in play.
Bitcoinâs $124,500 high is unlikely to be the cycle top, with all 30 peak indicators still neutral.
Recent losses show new investors capitulating as seasoned holders are unfazed.
Holding above the 20-week EMA keeps Bitcoinâs path open toward $150,000.
Bitcoinâs
BTC
$109,653
retreat from its record highs is fueling concerns over whether the market has already peaked for 2025. But the so-called â$124K topâ is nothing but ânoise,â according to analyst Merlijn The Trader.
30/30 indicators hint Bitcoin has more room to rise
In a Tuesday post, Merlijn stressed that none of Bitcoinâs 30 widely followed peak indicators have flashed red so far.
Historically, Bitcoin cycle tops have coincided with multiple âoverheatingâ signals across well-known onchain tools.
For instance, the Puell Multiple, which spikes when miners earn unsustainably high revenues, is sitting at just 1.39, well below the 2.2 danger zone seen before past price peaks.
Similarly, the MVRV Z-Score, which compares Bitcoinâs price to its actual capital inflows, remains in neutral territory rather than at the overheated extremes that marked prior tops.
#MarketPullback
#BTCWhalesMoveToETH
#TrumpFiresFedGovernorCook
#BNBATH900
$XRP $DOGE â
$BNB BNB Chain Weekly Report: Daily Active Users of BSC and opBNB Reach 2.27 Million and 1.79 Million, with 7-Day Trading Volume Reaching $43.08 Billion
PANews reported on August 1st that according to the latest BNB Chain ecosystem report (July 24th to 30th), BSC and opBNB had average daily active users of 2.27 million and 1.79 million, respectively, with a total transaction volume of 10.1 billion transactions, a total locked-in value of $11.99 billion, and a seven-day trading volume of $43.08 billion. On July 28th, $BNB reached a record high of $859.56, becoming the fifth-largest cryptocurrency by market capitalization. Additionally, BNB Chain announced it has entered a new upgrade phase, allowing developers to submit proposals and participate in its development. The 0 transaction fee promotion has been extended to August 31st. On July 25th, the MVB Accelerator program announced its Season 10 winners. Applications are now open for the first Builder Bunker, the New York developer base.
PANews reported on August 1st that according to the latest BNB Chain ecosystem report (July 24th to 30th), BSC and opBNB had average daily active users of 2.27 million and 1.79 million, respectively, with a total transaction volume of 10.1 billion transactions, a total locked-in value of $11.99 billion, and a seven-day trading volume of $43.08 billion. On July 28th, $BNB reached a record high of $859.56, becoming the fifth-largest cryptocurrency by market capitalization. Additionally, BNB Chain announced it has entered a new upgrade phase, allowing developers to submit proposals and participate in its development. The 0 transaction fee promotion has been extended to August 31st. On July 25th, the MVB Accelerator program announced its Season 10 winners. Applications are now open for the first Builder Bunker, the New York developer base.
Login to explore more contents