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Showing posts with the label bitwise

Trump’s Executive Order To Bring Trillions To Crypto, Making $200K Bitcoin Price Estimate Look Conservative, Bitwise Says

President Donald Trump’s executive order will inject trillions of dollars into the crypto market and make a $200K Bitcoin price target look conservative, potentially upending BTC’s four-year cycle. That’s according to Bitwise CIO Matt Hougan, who said in a report that the order’s push for regulatory clarity and institutional adoption could extend Bitcoin’s bull market beyond its usual four-year pattern. Hougan said the order is ”incredibly bullish” for the crypto space because it makes growing the digital asset market a top priority and will set up a clear regulatory framework for that. It also discusses creating a “national crypto stockpile” that, combined with the SEC’s pro-crypto stance, would allow major Wall Street banks and investors to enter the market. “The full mainstreaming of crypto—the one contemplated by Trump’s executive order, where banks custody crypto alongside other assets, stablecoins ar...

Dogecoin ETF: How High May DOGE Rise In 2025?

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Dogecoin is currently trending all across the web3 cryptocurrency realm. The token has been in the center lately as its ETF hype gains more prominence. In the wake of this, Bitwise has officially filed for a Dogecoin ETF, creating ground for the token to ultimately lift off and create new price pathways. Also Read: Ripple CEO Pushes for National Crypto Reserve as RLUSD Stablecoin Set to Reshape 2025 Dogecoin ETF Under Works: What It Means For Dogecoin? Source: Watcher Guru Financial giant Bitwise officially filed the Dogecoin ETF on Tuesday. The filing comes after an array of new ETF proceedings that the realm has been encountering as of late. Among others, Rex and Osprey have also filed for a Dogecoin ETF, showing genuine interest in the token. In the meantime, Dogecoin has also been gaining momentum when it comes to price valuation. At press time, the token is sitting at $0.32, waiting for the ultimate push that assists DOGE in hitting a new ATH. This year is currently being touted a...

Ripple: Bitwise Filing Ignites XRP’s Bullish Potential, Data Shows

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Ripple (XRP) is finally in line to receive mainstream global attention as the token has now joined the ETF queue. Bitwise, the financial giant, recently filed for XRP ETF, ushering in a wave of positive price momentum and influx. Here’s how the ETF may benefit XRP in the long haul. Also Read: This One Marker Denotes Positive Bitcoin Movement Is Nigh: Here’s How Bitwise Filing Signals Bullish Momentum for Ripple Source: Ripple Recently, technical data platform Santiment took to X to share how the Bitwise Filing has sparked a flurry of bullish activities in the ripple realm. For instance, the platform outlined how Bitwise’s filing has hyped up XRP, a center of positive whale activity. Whale Activity and Social Hype Metrics The platform stated that XRP has become a nucleus of surging on-chain activity after its ETF announcement went viral within the Web3 domain. Per Santiment, XRP’s whale activity and social hype metrics have topped the charts recently. “Adding to the bullish signs, ...

Spot Bitcoin ETF decision for BlackRock, Invesco, and Bitwise is delayed by the SEC

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The U.S. Securities and Exchange Commission has thrown a wrench into the plans of Invesco, Bitwise, and Valkyrie by imposing unexpected delays. A decision by the United States Securities and Exchange Commission, one that carries significant implications, has been postponed. The decision pertains to several proposals for spot Bitcoin exchange-traded funds (ETFs), including a notable name like BlackRock. This unexpected delay looms ominously, coinciding with the anticipation of a government shutdown. In an unforeseen turn of events, the SEC has chosen to prolong the evaluation of the spot Bitcoin ETF applications submitted by Invesco, Bitwise, and Valkyrie. This decision, as reported in separate filings dated September 28, adds an air of uncertainty to the crypto landscape. Notably, Bloomberg’s ETF analyst, James Seyffart, anticipates that similar postponements may afflict the applications put forth by Fidelity, VanEck, and WidsomTree, adding to the general sense of unpredictabili...