Author: cryptonews7
The BNB Chain has announced major enhancements in its 2025 roadmap, including sub-second block times, gasless transactions, AI-driven smart wallets, and a goal of processing 100M transactions per day. Following the announcement, Binance Coin (BNB) surged 8.1%, surpassing Solana (SOL) in market capitalisation to become the fifth-largest cryptocurrency. BNB Chain has announced a major upgrade for 2025, aiming to improve transaction speed, enhance user experience, and introduce AI-driven solutions. The update will include sub-second block times, gasless payments, and advanced developer tools to optimise the blockchain’s efficiency. Former Binance CEO Changpeng Zhao (CZ) confirmed the upgrade in a Feb. 11…
Elon Musk changed his X username to ‘Harry Bōlz’, triggering a wave of Solana-based memecoins that saw rapid price spikes and crashes, typical of pump-and-dump schemes. Musk, who previously used the alias in 2023 as a prank, seemingly adopted it in response to media coverage of Edward Coristine, a controversial DOGE staffer known as “Big Balls”. Elon Musk has done it again. He changed his X username to ‘Harry Bōlz’, and of course, a myriad of Solana-based tokens surface to capitalise on the name. According to GeckoTerminal data, multiple Bōlz-related coins flooded the market, with prices experiencing rapid spikes and…
Advertisement     Crypto prices witness shakeups amid United States trade wars and evolving policy stances. The last headwind for the market is Donald Trump’s new tariff on steel and aluminum in the United States. Bitcoin prices plunged below $98K before picking up as traders hope to regain lost ground. Altcoins also posted shock exits as fear and uncertainty grip most traders. Trump’s Steel and Aluminum Tariff President Donald Trump revealed that the United States would impose a 25% tariff on all steel imports to the country, including from Mexico and Canada. This adds to the ongoing tariff changes…
SEC acknowledges Solana ETFs, suggesting a decision is coming soon. Bloomberg experts place the potential approval odds at around 70%, with Litecoin and Dogecoin predicted as more likely. Cboe BZX Exchange has filed proposed rule changes to allow the listing of spot Solana ETFs from institutions like 21Shares and VanEck – pending approval. Who will be next — Solana or XRP? That’s the question the Securities and Exchange Commission are going to answer in the coming months, as the new-look agencies mull the approval of new spot crypto ETFs. Since Donald Trump’s inauguration on January 20 earlier this year, financial…
Advertisement     As Dogecoin (DOGE) continues to enjoy a year-to-date increase of 220.9%, the top meme coin is not showing any signs of relenting. This can be shown by the fact that whales recently took the opportunity created by the recent dip to amass 750 million DOGE. With Dogecoin continuously mirroring its 2024’s third quarter trend, the eighth-largest cryptocurrency might be eyeing a bullish run in the next one to two months. Market analyst Cas Abbe acknowledged, “DOGE fractal looks very similar to Q3 2024. A big crash followed by a few weeks of consolidation. After that, DOGE…
Litecoin (LTC) price displayed a significant upward movement in the last 24hrs. Market analysts and investors focus on the rising LTC price as they anticipate a possible approval for its exchange-traded fund (ETF). Additionally, the rising investor sentiment stems from Binance increased support for Litecoin while the market continues its upward trend. ETF Speculation and Litecoin Price Surge Notably, Litecoin price has recently surged in the wake of increasing talk about the prospects of an ETF backed by Litecoin. Analysts have pointed to the $96 support level as a key factor in the coin’s recovery. LTC price bounced off this…
Advertisement     Crypto investment firm Grayscale is seeking to introduce a Cardano (ADA) exchange-traded fund on the New York Stock Exchange as the race for crypto ETFs heats up. This is notably the first spot ADA ETF in the US and Grayscale’s first standalone Cardano investment product. ADA, the ninth-largest crypto by market cap, has jumped 15% on the day following news of the crypto giant’s ETF filing. ADA Gains Steam In Altcoin ETF Race With Grayscale Filing On Feb. 10, the NYSE Arca submitted the 19b-4 form to the Securities and Exchange Commission (SEC), proposing a rule…
Advertisement     Well-followed Bloomberg analysts James Seyffart and Eric Balchunas believe exchange-traded products based on cryptocurrencies Ripple’s XRP, Solana, Dogecoin, and Litecoin all have favorable odds of securing approvals. Notably, they see the chances of a Litecoin (LTC) exchange-traded fund (ETF) going live in the coming months as higher than those of other ETFs currently proposed. XRP, DOGE, SOL, ADA To Lag Behind LTC In ETF Approval Odds Bloomberg analysts expect Litecoin, the silver to Bitcoin’s gold, to lead the next wave of crypto ETFs amid a shifting regulatory climate under President Donald Trump. James Seyffart and Eric…
Kanye West, or Ye, aired a bizarre Super Bowl ad featuring diamond-encrusted teeth, leading to a website selling a t-shirt with Nazi symbolism. A Solana-based token, hh-01, linked to the ad, surged 3,880% to a US$2.7M market cap before crashing nearly 80%, with concerns over its centralised ownership. It’s a wild timeline we’re living in, made worse by Kanye West (or Ye, as he’s known now) spreading Nazi propaganda on social media. After nearly three years of silence, Ye has broken that silence and gone on a rampage on social media, specifically on X. This time the superstar decided to…
Bloomberg crypto analysts Eric Balchunas and James Seyffart have projected optimistic approval odds for several cryptocurrency ETFs. The team places Litecoin ETF approval chances highest at 90%, with Dogecoin, Solana and XRP following in descending order of likelihood. The SEC’s classification of assets as either commodities or securities plays a crucial role in the approval process, with Litecoin and Dogecoin likely viewed as commodities. While ETFs can hold both securities and commodities, the regulatory uncertainty surrounding asset classification creates additional scrutiny for approval processes. The Bloomberg crypto analyst all-star team has taken to X to sum up the standing of…