Category: Cryptocurrency News

The odds of the Fort Knox audit happening before May have surged above 70% on Polymarket as Donald Trump confirmed the plan to check its gold reserves.

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Kaito AI allocates 20% of its token supply for airdrops and incentives, sparking excitement and concerns over insider allocation and potential sell-offs.

Although traders are on edge due to the price behavior of Bitcoin, some analysts think a breakout is just around the corner. Related Reading: Think XRP Is ‘Crashing’? Analyst Says You Deserve A Slap! One of the vocal supporters of Bitcoin is “Titan of Crypto,” who suggests that Bitcoin’s stochastic relative strength index (StochRSI) is about to signal a major move. Could BTC be about to start a fresh climb as institutional interest grows and technical signals line up? Bitcoin: Strong Reversal From StochRSI Signals Titan of Crypto claims that the weekly StochRSI of Bitcoin is in oversold zone, a situation that has always preceded notable positive reversals. Measuring momentum, this indicator points to BTC maybe preparing for a push higher. The analyst said: “Bitcoin could be ‘about to take off.’” The top crypto is currently trading around $96,910, marking a 1.36% increase from the previous session. Showing indications of increasing volatility, the intraday range has varied from $95,400 to $97,300. Should the StochRSI trend follow, BTC could bounce back to higher levels. #Bitcoin About to Take Off? 🚀#BTC has entered oversold territory on the weekly Stoch RSI, a signal often marking accumulation or re-accumulation. pic.twitter.com/DHyEKXT31E — Titan of Crypto (@Washigorira) February 19, 2025 Institutional Demand Still Remains Strong Institutional engagement is one of the main elements showing great promise for Bitcoin. Well-known for its aggressive acquisition of the crypto, Strategy (previously MicroStrategy) has revealed intentions to purchase more Bitcoin by means of $2 billion raised via convertible notes. This action underscores mounting belief in the long-term value proposition of Bitcoin. Bitcoin ETFs, with total assets amounting to $120 billion, have garnered substantial inflows. Due to the popularity of these investment products, which has strengthened their standing in the financial markets, organisations now have easier access to the most widely utilized digital asset globally. BTCUSD trading at $96,980 on the 24-hour chart: TradingView.com Market Contradictions Raise Questions Despite hopeful signals, not everyone thinks Bitcoin will boom soon. Crypto stocks underperform conventional stocks, say some experts. BTC remains below its January peak, suggesting market uncertainty despite the S&P 500’s highs. Recent Bitcoin price swings indicate investor uncertainty. Despite positive macro indications, bitcoin has stalled, sparking some reservations regarding its next trajectory. Related Reading: 10x Dogecoin: The ‘Secret Window’ You Need To Know, According To This Analyst Bitcoin’s Next Move: Breakout Or Consolidation? Bitcoin’s future is still hotly debated given institutional investors’ ongoing curiosity and technical signals pointing to a probable breakout. Should previous trends hold, the market might be about to experience an extraordinary climb. Macroeconomic events and investor mood will eventually, however, decide whether BTC can maintain a breakout or keep trading sideways. Right now, everyone’s focused on the next technical confirmation for Bitcoin. Will the bulls take over, or will doubt help to control prices? For the biggest cryptocurrency in the world, the next weeks could be crucial. Featured image from Gemini Imagen, chart from TradingView

On Wednesday, Feb. 18, ether ETFs experienced a net inflow of $19.02 million, primarily driven by Fidelity’s FETH, while bitcoin ETFs faced a net outflow of $71.07 million with significant withdrawals from Fidelity’s FBTC and Valkyrie’s BRRR. Ether ETFs Secured $19.02 Million Inflows While Bitcoin ETFs Saw $71.07 Million Exit The contrasting fortunes for crypto […]

It’s a major win for Ripple ($XRP) as Brazil’s securities regulator Comissão de Valores Mobiliários (CVM) approved the world’s first $XRP spot exchange-traded fund (ETF). The news is yet another big step in the company’s expansion, which already includes partnerships with central banks.   The crypto market has reacted positively to this development, which raised $XRP’s price in the past 48 hours. The development is also sure to increase the exposure of other ETFs in Brazil. This includes Solana ($SOL)—which has two ETFs in the country—as well as related projects like Solaxy ($SOLX). Let’s dive into the details below. $XRP Gains Added Exposure with ETF Approval Brazil’s CVM announced the approval of the $XRP spot ETF on February 18, the first of its kind worldwide. Formally known as the ‘Hashdex NASDAQ XRP Index Fund,’ the fund was established on December 10, 2024, and will be traded in B3, the country’s main stock exchange. With brokerage firm Genial Investimentos as its administrator, the $XRP ETF will allow investors to gain direct exposure to $XRP. This means they will be able to speculate on the digital currency’s price in the stock market without actually owning $XRP tokens. This will also facilitate investing in the token, as they can do this without using crypto wallets. There’s no information yet, however, regarding the ETF’s launch date. We’ll keep you posted as soon as it happens.  A Major Win for $XRP and Other Cryptocurrencies The approval of the first $XRP spot ETF will certainly help with Ripple’s rapid expansion worldwide, as explained above. But on top of the ETF, the company has also partnered with 10 central banks—including Colombia, Georgia, and Montenegro—to help develop their respective Central Bank Digital Currencies. The CVM’s approval could also accelerate the confirmation of other $XRP ETFs currently under review in the US, such as Rex-Osprey $XRP ETF, Canary $XRP ETF, and 21Shares Core $XRP Trust. A more crypto-friendly US government will also increase the possibility of this approval. $XRP’s entry into the Brazilian stock exchange also reflected positively on the token’s price. As of writing, XRP is at $2.69 after bottoming out at $2.12 on February 3. $XRP Approval Bodes Well for Solana and Solaxy The $XRP spot ETF is only one of several crypto ETFs in Brazil. Solana has two such funds, one offered by Brazilian asset manager QR Asset, and the other under Hashdex, which also manages the $XRP, as well as $BTC and $ETH funds.  Both $SOL ETFs were approved in August 2024. QR Asset’s spot ETF raised $2.75M during its initial public offering in the same month. The second $SOL ETF, meanwhile, is currently in its pre-operational phase. Once both Solana-based funds start trading, we can expect $SOL’s visibility and value to increase further. $SOL’s wider availability would also benefit meme coins at large, particularly Solaxy ($SOLX). It’s a Solana Layer 2 blockchain that aims to solve common issues with Solana, including failed transactions, network congestion, and high fees. How does it aim to achieve all that? Through Roll-Up Technology, which bundles transactions together and processes them off-chain, making the entire process more efficient. And if you were wondering about a lapse in security because of this, don’t. Solaxy will finalize the transactions on Solana, which means the transactions will inherit the blockchain’s awesome security. The $SOLX token is currently on presale, which will allow you to invest in the project and hedge on Solana’s success without waiting for $SOL to trade in Brazil’s stock exchange. To date, the project has already raised $22.4M, which makes it one of the best crypto presales of 2025. To get started, you’ll need to get a crypto wallet like Best Wallet and connect it to the presale widget on Solaxy’s website. After that, you can buy $SOLX with crypto or fiat currency. You’ll receive the tokens once the presale ends. Alternatively, you can stake them. This means locking $SOLX in a staking wallet for a set amount of time, giving you the opportunity to earn passive income (the APY is currently 181%). $SOLX is still affordable at only $0.00164 each. Another price increase will happen in less than 10 hours, though, so it’s best to buy tokens as soon as you can. Research Before You Invest Crypto trading can be highly volatile. This means there’s a huge potential for you to either lose or gain from your investment. Because of this, always do your own research before you buy crypto, and never invest money you’re not ready to lose. Also, speak with a financial advisor if you’re considering buying crypto. The information in this article is for educational purposes only and does not constitute investment advice.

This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. Esports or competitive video gaming is one of the most popular online forms of entertainment that has attracted millions of viewers and bettors worldwide. Currently, the esports market is approximately $900 million. […]

The meme coin industry has been rather quiet in the last couple of months. However, analysts believe this is just a brief cool-off before the next meme coin supercycle begins. A meme coin supercycle is a market phenomenon in which several meme coins see exponential growth in a short period of time. This growth results from bullish market sentiment, social media trends, hype, and cultural relevance. Instead of relying on strong technical and fundamental metrics, meme coins derive their value from community perception. Their ethos is, ‘It doesn’t have to make sense to make you money.’ Previous meme coin supercycles made hundreds of millionaires overnight. In 2021, for instance, Shiba Inu ($SHIB) surged 1,000,000%. That’s a $1M return for every $100. During the same time, Dogecoin ($DOGE) exploded to $0.70 from just a fraction of a cent, largely due to Elon Musk’s endorsement. A coin that started out as a joke is now the biggest meme coin, with a mind-boggling market cap of $37.73B. What Are the Indicators of the Upcoming Meme Coin Supercycle? The market looks perfectly positioned for the next meme coin bull run, as evident from three factors. Increased engagement on platforms like TikTok, Twitter, and Reddit. The famous Roaring Kitty-GameStop saga, by the way, was a Reddit baby. Celebrities and influencers have begun creating and promoting meme coins. A surge in trading volumes and demand for ERC-20 meme coins, which caused an increase in Ethereum gas fees. What’s more, after falling from $0.40 to $0.25, $DOGE has been holding its support quite well. The token appears to be in the accumulation phase, ready for the next upward move. Something similar is happening in $SHIB, too. After a sharp correction of around 50% in the last two months, the token has protected its lows of $0.00001500. Both these giant meme coins now look ripe for the next leg up higher, which could potentially drive the next meme supercycle. Looking for the best meme coins to benefit from the upcoming madness? Here are three early-stage tokens you can invest in right now. 1. BTC Bull Token ($BTCBULL) – Best Meme Coin to Invest in Right Now for Free $BTC Airdrops Built to rally behind Bitcoin’s historical growth to $1M, BTC Bull Token ($BTCBULL) is a meme coin at heart. That means it’ll not only benefit from increasing crypto adoption (and so rising Bitcoin prices) but also the meme coin supercycle. $BTCBULL holders will receive free $BTC rewards when Bitcoin breaks out from its current range and reaches new milestones. The first $BTC airdrop event will take place at $150K, and the second at $200K. When $BTC reaches $250K, the project plans a massive $BTCBULL token airdrop. There will also be regular token burn events. Every time $BTC’s price increases by $50K, BTC Bull Token will remove part of the total token supply from circulation to beef up demand and maintain an upward price trajectory. Because it’s the only meme coin that offers $BTC airdrops, BTC Bull Token’s presale was destined for greatness. And it didn’t disappoint! Within just 24 hours of its launch in early February, it raised a whopping $500K. The presale kitty currently sits at $2.4M, and interested investors can join now for just $0.00237 per token. 2. Solaxy ($SOLX) – Solana Meme Coin with Real Utility Solana is an ideal blockchain network for meme coins, as it’s both fast and cheap. But can it maintain its current performance throughout this meme coin supercycle? Doubtful. The network is rife with issues, namely, congestion and limited scalability. As a result, investors can no longer be confident that their transaction will go through successfully in the first attempt. Improvement is Solana’s need of the hour. Enter Solaxy ($SOLX). By combining Ethereum’s rollup architecture and Solana’s efficiency, Solaxy’s off-chain transaction processing system will significantly reduce the burden on Solana’s main network. Solaxy won’t just ride the meme coin supercycle but seeing as it offers real utility, too, it can easily become the next crypto to explode. With over $22.5M raised, the $SOLX presale is currently offering each token for just $0.00164. For more guidance, check out our guide on how to buy $SOLX. 3. Broccoli ($BROCCOLI) – CZ’s Pet Dog-Inspired Explosive Meme Coin Broccoli has been all the rage (only fitting because it’s inspired by a Belgian Malinois) in the memecoin market since last week. The dog in question is the pet of Binance’s ex-CEO, CZ, who revealed his fascination with meme coins and then his dog’s name and picture last week on X. As expected, CZ’s followers flooded the market with newly minted $BROCCOLI tokens. CZ was absolutely spot on when he said, ‘There is never a dull day in crypto.’ After catapulting to new all-time highs almost every single hour for the first four days, the token has finally gone sideways. It’s currently trading at $0.038. Even though $BROCCOLI grew 947% in the last seven days, there’s always room for more growth for a hype-backed meme coin. Its consolidation phase might present a great entry point for new investors who can benefit from $BROCCOLI’s next surge. Verdict These top trending cryptos are the most likely to skyrocket in the upcoming $DOGE and $SHIB-led meme coin supercycle. However, the harsh reality is that meme coins can get buried into the ground just as quickly. Such is their volatility! That’s why you should only invest an amount you’re comfortable to potentially lose. Remember that this article isn’t financial advice, and you must always do your own research before dipping your toes in the meme coin space.