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Bloomberg analyst says it’s “standard procedure” after the SEC delays decision on crypto ETFs

Litecoin, Doge, Solana, and XRP ETFs have had their approval decision delayed Bloomberg ETF analyst James Seyffart said “this is standard procedure” ETF applications are on the rise as investor interest continues The US Securities and Exchange Commission (SEC) has delayed its decision to approve several crypto exchange-traded funds (ETFs). The affected ETFs are Litecoin, Doge, Solana, and XRP. In filings published on March 11, the SEC said it had issued a “Notice of Designation of a Longer Period” to determine the outcome of proposed rule changes. The ETFs are those filed by Nasdaq’s Litecoin and the Chicago Board Options Exchange’s (Cboe) XRP ETFs . Following the news, Bloomberg’s ETF analyst James Seyffart said on X : “It’s expected as this is standard procedure,” adding that Paul Atkins, the new chair of the SEC , hasn’t even been confirmed yet. “This doesn’t change our (relatively high) odds of approval. Also note that the final deadlines aren’t until October for these,”...

Bitget wallet launches 1M BGB staking pool with 5% fixed APY

Bitget Wallet has launched a 1M BGB staking pool with 5% APY. Intae Song has returned as CSO to boost Bitget’s futures trading. Buhayin partnership brings PayFi and inclusion to Siargao. Bitget Wallet, a prominent crypto wallet , has unveiled an exciting opportunity for its users with the launch of a 1 million BGB staking pool, offering a fixed 5% annual percentage yield (APY). This new initiative, announced on March 12, 2025, expands the utility of the Bitget Token (BGB) within its onchain ecosystem, allowing users to earn passive income securely while retaining full control over their assets. Trading too risky for you? Stake your $BGB for stable yields instead 💪 @bitgetglobal Our 1M BGB staking pool is now live: 🔹 5% APY stable returns 🔹 90-day lock-up 🔹 Max stake/user: 2000 BGB 🚨 Limited to 1M BGB—stake now before it fills up 👇 pic.twitter.com/xJ84Jl5PTC — Bitget Wallet 🩵 (@BitgetWallet) March 12, 2025 Accessible through the finance section of the Bitget Wa...

Pi Network price pumps 20% in 24 hours: Why is PI surging?

Pi Network (PI)’s is up +20% in the last 24 hours, hitting highs of $1.74. While PI price remains 44% off its peak of $2.99, buyers may push the token higher. Potential catalysts and which could catapult PI up include upcoming Pi Day and possible Binance listing. Pi Network (PI)’s price has jumped more than 20% in the last 24 hours, reaching intraday highs of $1.74. Despite the surge, PI remains 44% below its peak of $2.99 from February. But why is the altcoin’s price pumping, and could bulls go higher? Why is the Pi Network price up today? Pi price spiked from lows of $0.61 on February 20 to reach its all-time high of $2.99 on Feb. 26. Although sellers hit amid broader market bleeding, the social cryptocurrency network’s native token has held up nicely.  The altcoin is looking to build upside momentum after retreating from the intraday highs. Currently, PI is holding firm after bouncing off $1.61. The coin changes hands around $1.67 at the time of writing. These positiv...

Bitcoin Pepe price outlook: Will BPEP explode amid BTC bounce?

The crypto market continues to struggle after a massive sell-off in the past several days. However, as investors eye opportunities, multiple coins including Bitcoin Pepe (BPEP) could mirror an anticipated bounce for Bitcoin (BTC). With BTC resilient at support levels and showing signs of a bullish flip, could this portend similar price predictions for BPEP? Analysts on market outlook According to QCP Capital, the sell-off in stocks and crypto has come as post-election optimism fades and as bearish sentiment peaks amid tariffs concerns and recession fears. But while the market’s reaction, with the S&P 500 and Nasdaq plunging 2.7% and 3.8% and Bitcoin dipping below $80k, the analysts forecast a potential bounce. “Not all signals are bearish,” QCP wrote in a note on Tuesday. The 10-year Treasury yields falling approximately 60 bps and the US dollar weakening are factors that have historically supported US equities and crypto. “Markets are at an inflection point,” the digital a...

VanEck registers for an Avalanche ETF in the US

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If approved, VanEck could be the first issuer of an Avalanche ETF Avalanche’s token, AVAX, has dropped nearly 52% in year-to-date value There has been a flurry of various ETF altcoin applications in recent months Investment company VanEck has registered for an Avalanche exchange-traded fund (ETF) in the US despite a decline in market prices. The New York-headquartered company filed the VanEck Avalanche ETF in the state of Delaware on March 10, according to the Delaware’s Department of State website. AVAX ETF filing. Source: State of Delaware The move from VanEck suggests that it may file an S-1 form for an official spot AVAX ETF with the US Securities and Exchange Commission (SEC). News of this comes as market prices are down for Avalanche’s AVAX token. Data from CoinMarketCap shows that its year-to-date decline is at nearly 52%. Over the past 24 hours, it has dropped around 10% and is trading at $17.15. This is a slight rise from early morning trading when it was valued a...

Bitcoin drops to $76k after Trump fails to rule out a recession

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Ether dropped 9%, XRP fell 2%, and Dogecoin lost over 8% in 24 hours Investors react to Trump’s comments about a possible recession The US stock market lost more than $1.7 trillion in value Crypto prices have fallen across the board, with Bitcoin dropping below $77,000 as investors continued to react to US President Donald Trump’s tariff policies and the Bitcoin reserve plan. Bitcoin’s price at $76,000. Source: CoinMarketCap In the early hours of Tuesday, March 11, Bitcoin fell to $76,000, a figure not seen since last September. In a post on X , crypto trader Ali said: “If #Bitcoin $BTC holds $80,000, the bull case remains strong. Losing this level, however, could put $69,000 in play as the next key support!” Bitcoin has risen slightly and is back up around $81,600 at the time of publishing, according to CoinMarketCap. Ether, on the other hand, was down over 9% in 24 hours to $1,920, XRP had fallen more than 2%, at $2.13, and Dogecoin was down over 8.81% to $0.1607. The mar...

Coinbase to launch 24/7 Bitcoin and Ethereum futures in the US

Coinbase will launch the 24/7 Bitcoin and Ethereum futures products on its CFTC-regulated futures exchange Coinbase Derivatives. The exchange also plans for a perpetual-style futures contract. Coinbase is looking to tap into the growing demand for crypto trading with a round-the-clock futures offering for Bitcoin (BTC) and Ethereum (ETH) . The exchange, the largest regulated US-based provider, will offer the BTC and ETH futures trading to US customers through its CFTC-regulated platform Coinbase Derivatives Exchange. Coinbase stated in an announcement on Mar. 10 that this 24/7 futures trading for the top two digital assets by market cap will roll out in the coming weeks. “Today, US futures markets operate within fixed trading hours–out of sync with the 24/7 nature of crypto. This forces traders to sit on the sidelines during key market moves, limiting their ability to react in real time. With the launch of 24/7 access to Bitcoin and Ethereum futures, we’re eliminating this gap...