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Showing posts with the label etfs

ChatGPT Predicts Dogecoin Price Once DOGE ETF Debuts US Markets

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The ETFs are the newest product offerings to embrace the cryptocurrency domain. While the traditional trading arena is filled with ETFs as tools of capable and dependable investment, the crypto ETFs are a novel innovation, bridging the traditional elements of finance with the rising cryptocurrency domain. The US SEC has received multiple new requests for companies to file leading crypto coin ETFs, be it of Bitcoin, Ethereum, or Solana. In a new development, Dogecoin (DOGE) ETFs, coupled with Bonk and TRUMP, are also making their way into the markets, fueling investors’ excitement. However, the investor sentiment is pretty excited for a DOGE ETF, wondering how high the Dogecoin price will soar once its ETF debuts in the US markets. Also Read: Trump Opens Saudi Checkbook: 13 U.S. Stocks at Center of $600B Deal Doge ETF Acknowledged By The US SEC Source: Watcher Guru The US Securities and Exchange Commission has finally acknowledged the Nasdaq’s filing to list the 21Shares Dogecoin E...

Trump Media Mulls Utility Token And Digital Wallet In Latest Crypto Push

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Donald Trump’s Trump Media and Technology Group is considering expanding its crypto ambitions by introducing a utility token and digital wallet. In an April 29 letter to shareholders, CEO Devin Nunes said the firm is exploring a Truth Social digital wallet where the token could be used for Truth+ subscriptions and other products within the Truth ecosystem. The token would also support a planned rewards program across the company’s services. Trump Media’s crypto push also includes the development of “America first”-themed financial products such as ETFs (exchange-traded funds) and separately managed accounts (SMAs), with custody provided by Charles Schwab. The company said in January that it would invest up to $250 million of its cash reserves in Bitcoin and other digital assets The shareholders’ letter comes after Trump Media hinted at launching its own crypto payments offering in November last year, when it filed a trademark application with the...

New Cryptocurrency Releases, Listings, and Presales Today – OcNest AI, Blacktail AI, MOX AI

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Bitwise has filed for a Dogecoin ETF under the ’33 Act, signaling confidence in memecoin investments. Multiple investment managers rush to launch cryptocurrency ETFs amid a favorable regulatory environment. President Trump’s crypto-friendly stance and personal involvement with memecoins have transformed market sentiment significantly. Investment firms are adapting strategies to capitalize on the new cryptocurrency-friendly regulatory landscape. The shift from Gensler’s restrictive policies to Trump’s open approach encourages innovative financial products. New cryptocurrencies and investment vehicles emerge as institutional confidence grows in digital asset markets. New Cryptocurrency Releases, Listings, and Presales Today OcNest AI simplifies complex data processing with NLP and LLM technology for diverse industry applications. Blacktail AI democratizes artificial intelligence by offering decentralized model development and monetization tools. MOX AI merges AI...

Ripple: AI Predicts XRP’s Price If Trump Builds A Bitcoin Reserve 

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The US presidential elections have been a trending highlight of 2024. Now that Donald Trump is all set to assume his presidential duties on January 20th, the internet cannot help but speculate whether his pro-crypto ambitions will materialize per his promises, followed by the coveted Bitcoin reserve becoming a reality. If a Bitcoin reserve is officially announced, here’s how high Ripple (XRP) may rise, per sophisticated AI mechanisms. Also Read: What Is Anti De-Dollarization: Support For US Dollar Grows In 2025 Will Bitcoin Reserve Become A Reality Soon? Source: Watcher Guru Donald Trump has long been mulling over launching a Bitcoin reserve. The topic has been a key highlight for Trump to ponder on and is capable of revolutionizing the crypto sector in a whole new way. In the meantime, Ripple is also leaving no stone unturned to revamp its work proceedings by launching RLUSD and, at the same time, having high hopes for the new regime that is set to assume duties from January 20th...

SEC Approves $300M Hybrid Bitcoin-Ethereum ETFs from Hashdex & Franklin Templeton

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The first hybrid Bitcoin-Ethereum ETFs got SEC approval on December 19, 2024. The Securities and Exchange Commission cleared two new funds that combine both cryptocurrencies: Hashdex’s Nasdaq Crypto Index US ETF and Franklin Templeton’s Crypto Index ETF. Senior Bloomberg ETF analyst Eric Balchunas stated, “They’re market cap weight so 80/20 BTC/ETH approx. Notable that Hashdex & Frankie are first. Good for them.” The spot bitcoin/ether combo ETFs have been approved by SEC (as predicted). Launch likely in January. They’re mkt cap weight so 80/20 btc/eth approx. Notable that Hashdex & Frankie are first. Good for them. https://t.co/o2ri3XpqZi — Eric Balchunas (@EricBalchunas) December 20, 2024 Also Read: Cardano Price Prediction For The End Of 2024: Can ADA Breach $1.5? How SEC-Approved Bitcoin-Ethereum ETFs Address Market Volatility & Security Risks Source: Watcher Guru Regulatory Framework and Security Measures Source: Coinglass The SEC spent six months revi...

Bitfinex: Bitcoin could hit $200k by mid-2025 with mild price corrections

Bitfinex analysts believe Bitcoin could reach between $140,000 – $200,000 by mid-2025 “Consistent buying pressure” with ETFs will see future Bitcoin price correction “shorter in duration” If Bitcoin follows the 2021 cycle, it has the potential to reach $339,000 Bitcoin could surge to $200,000 under “favorable conditions,” according to a new report from Bitfinex analysts. In its Bitfinex Alpha report, published on December 16, analysts noted that Bitcoin has achieved unprecedented milestones in 2024, surpassing a $2 trillion market capitalization and reaching a new all-time high of above $100,000. The analysts added that Bitcoin exchange-traded funds (ETFs) have emerged as a dominant force, with US spot ETF inflows reaching $35.5 billion. “Looking ahead, we believe the current run-up to over $100,000 has captured a significant portion of Bitcoin’s price appreciation for this cycle,” the analysts wro...