Ripple (XRP) price has declined to $2.3 on Friday, March 15, down 30% from the recent peak of $3.1 reached when the US SEC confirmed XRP ETF filings by Grayscale in February. Key technical indicators on the XRP/USD weekly charts show critical levels XRP price must cross to hit $20 if the ETF filings are approved. Ripple (XRP) surges 5% as SEC Settlement Talks Begin Rippple (XRP) price jumped 5% to reclaim the $2.3 support level following reports that the U.S. Securities and Exchange Commission (SEC) could classify XRP as a commodity in its ongoing legal battle with Ripple Labs. This development comes as part of a potential settlement framework that could remove regulatory barriers surrounding XRP ETF approval. XRP price action | XRPUSDT On March 14, sources close to the negotiations revealed that SEC officials are discussing whether to treat XRP similarly to Bitcoin and Ethereum, which are already considered commodities under U.S. law. If XRP secures commodity status, it could facilitate the approval of an XRP exchange-traded fund (ETF), a move that has driven speculation among investors. Crypto market analysts note that an official SEC statement confirming XRP’s commodity classification could act as a catalyst for a major price rally. The last time similar speculation surfaced, XRP price surged from $0.90 to $3.1 in under two months. If the SEC provides regulatory clarity soon, XRP could test resistance levels at $3.50 and $5 before eyeing a more ambitious target at $20. When Could the US SEC Approve XRP ETF? The timeline for an XRP ETF approval hinges on several key regulatory developments. The SEC is currently reviewing multiple crypto ETF applications, including those for Ethereum and XRP, amid increasing pressure from institutional investors seeking diversified exposure to digital assets. Industry experts predict that an XRP ETF could gain approval in late Q3 or early Q4 of 2025, depending on how Ripple’s legal battle unfolds. If Ripple successfully secures commodity status for XRP and resolves the SEC lawsuit through a settlement, the regulatory pathway for an XRP ETF could become significantly clearer. XRP ETF Fillings in Progress as of March 12, 2025 | Source: Cointelegraph Historically, the approval of spot Bitcoin ETFs in January 2024 triggered a wave of institutional inflows that pushed BTC price to new all-time highs. A similar scenario could unfold for XRP if the SEC greenlights a dedicated ETF product. Analysts project that an XRP ETF could attract over $5 billion in inflows within the first few months, potentially pushing XRP price towards $10 in the short term and $20 in a prolonged bullish cycle. With growing institutional interest and positive regulatory momentum, XRP remains one of the top contenders for the next big ETF approval. The next major catalysts to watch include upcoming court rulings in the Ripple vs. SEC case and further statements from SEC Chair Gary Gensler on the regulatory framework for crypto-based ETFs. XRP Price Forecast 2025: Is $20 a viable target? XRP price is consolidating around $2.38 after retracing from its recent high of $3.10, with technical indicators signaling a potential move toward the $20 target by 2025. The Bollinger Bands on the monthly chart show an expansion phase, suggesting increased volatility, while the price remains above the midline support, indicating sustained bullish momentum. The MACD histogram continues to trend positively, confirming strong upward momentum, though the signal line crossing above 0.23 warrants caution. XRP Price Forecast 2025 A bullish scenario unfolds if XRP reclaims the $2.57 resistance and maintains a monthly close above this level. This would confirm support at the upper Bollinger Band, allowing for a continuation toward the next psychological resistance at $5, where historical sell pressure previously emerged. If buying pressure sustains through 2024, a breakout above $5 could pave the way for a parabolic rise, with Fibonacci extensions pointing to $10 and beyond, fueled by ETF speculation and increased institutional adoption. Conversely, a bearish divergence in MACD or a failure to hold $2.00 as support could signal a deeper correction. A breakdown below $1.90 would expose XRP to downside risks, potentially testing the $1.00 psychological floor before a renewed uptrend. However, given the current technical setup, the path of least resistance remains upward. The post Can Ripple (XRP) Price Reach $20 if the US SEC approves Altcoin ETFs this year? appeared first on CoinGape .
Ripple Labs resumes RLUSD production after a brief halt, addressing market demand. RLUSD's issuance may enhance market liquidity and boost trading volumes. Continue Reading: Ripple Labs Resumes RLUSD Production, Signaling Market Confidence The post Ripple Labs Resumes RLUSD Production, Signaling Market Confidence appeared first on COINTURK NEWS .
David Sacks and his venture capital firm offloaded over $200 million in crypto and crypto-related stocks before he commenced his role as the White House AI and crypto czar, according to a White House memorandum. “You and Craft Ventures have divested over $200 million of positions related to the digital asset industry, of which $85 million is directly attributable to you,” the March 5 dated memorandum said . Crypto sell-off in an effort to prevent conflict of interest The memorandum said the “significant steps” were taken to reduce potential conflicts of interest before Sacks began his tenure as the White House AI and crypto czar — in which a major part of his role is to help create a legal framework for the crypto industry. Sacks offloaded all the “liquid cryptocurrency” in his portfolio, as well as Craft Ventures' portfolio — the investment firm he co-founded in 2017 — including holdings in Bitcoin ( BTC ), Ether ( ETH ), and Solana ( SOL ), before US President Donald Trump’s inauguration on Jan. 20. The memorandum outlined which cryptocurrencies and crypto-related stocks David Sacks sold prior to Trump’s inauguration. Source: The White House Sacks also divested from publicly traded crypto-related firms, including Coinbase (COIN), Robinhood (HOOD), and stakes in private digital asset companies. Additionally, he sold his limited partner interest in Solana-focused Multichain Capital and crypto-focused venture capital firm Blockchain Capital. At the same time, Craft Ventures offloaded its holdings in Multichain Capital and Bitwise Asset Management. Sen. Warren urged Sacks to prove he no longer holds crypto The memorandum is dated one day before Massachusetts Senator Elizabeth Warren urged Sacks in a March 6 letter to prove he no longer holds any digital assets, following Sacks’ claim in an X post that he sold off all his crypto. “Despite your public statements via X, it remains unclear exactly when you personally divested from BTC, ETH, and SOL, when Craft Ventures divested from Bitwise, and whether people close to you ‘may have held positions and sold into the recent price surge,” Warren said. Since Sacks commenced the role, he has been a strong vocal advocate on various issues in the crypto industry, from the importance of a Strategic Bitcoin Reserve to not over-taxing the crypto industry. Related: Bitcoin panic selling costs new investors $100M in 6 weeks — Research Sacks recently shut down the idea of crypto transaction taxes on an episode of the All In Podcast after host Jason Calacanis proposed charging a 0.01% tax on every cryptocurrency transaction. “That’s always how taxes start. They are described as being very modest,” Sacks said. “You know, when the income tax started, it only applied to like a thousand Americans, and the legislators swore up and down that it would never be applied to middle-class people,” Sacks added. Magazine: Crypto fans are obsessed with longevity and biohacking: Here’s why
VanEck has filed to launch an Avalanche (AVAX) ETF, following its Trust filing just three days prior. This marks the firm’s first attempt at an AVAX-focused ETF, adding to its recent efforts in niche investment products. The registration statement filed on Friday noted: “The Trust’s investment objective is to reflect the performance of the price of ‘AVAX,’ the native token of the Avalanche network, less the expenses of the Trust’s operations.” VanEck registered for the ETF in Delaware this past week for what’s believed to be the first AVAX ETF. “Notably — the trust registration was shared widely on this earlier this week,” said Bloomberg Intelligence analyst James Seyffart on Friday in a post on X. “But this is the first actual filing with the SEC.” VanEck joins the crypto ETF race with first-ever avalanche (AVAX) filing Following Bitcoin’s remarkable rally, investment firms are increasingly rolling out new products aimed at investors who are looking for the next breakout token. Applications for exchange-traded funds have shot up since Gary Gensler stepped down as SEC Chair. A number of companies have applied to the SEC for approval for different crypto ETFs, such as SOL, XRP, DOGE, and LTC. The previous administration saw the SEC approve the listing of spot Bitcoin ETFs in January 2024 and spot Ethereum ETFs in July. However, AVAX and the expanded ETF market are presently weighted down by bearish sentiment. The SEC’s approval, however, may not result in inflows until market conditions improve. Today brought the first-ever Avalanche ETF, as VanEck filed for the product. In recent months, VanEck has played around with various experimental ETF constructions. In January, the firm submitted an ETF based on crypto exchanges, mining firms, and payment gateways. If approved, this particular fund would invest in a collection of various crypto companies. VanEck might explore a couple of ETF types, but its Avalanche product could still be a long shot. T he filing sparked a more than 4% uptick in AVAX’s price, suggesting potential bullish momentum. Crypto ETFs face headwinds as market struggles The current market cycle for the crypto ETF industry has been brutal. Bitcoin ETFs have now been subject to five straight weeks of net outflows, and Ethereum funds have similarly been subjected to institutional skepticism. At the same time, the SEC has delayed decisions on several submissions, including Solana and XRP ETFs. With no clear relief in sight, concerns around a potential U.S. recession continue to fuel bearish sentiment across the crypto space. Even if VanEck’s AVAX ETF secures SEC approval, its immediate market appeal may be limited, though it could prove valuable in the long run. The regulatory watchdog has signalled a more friendly approach to the industry. In a matter of just a few weeks, the agency has rescinded controversial crypto accounting guidance, dropped enforcement actions against major crypto industry players, created a crypto task force and issued a meme coin statement. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot
Could low sentiment set the stage for ETH/BTC's sharp recovery?
Minnesota is the latest American state to consider legislation concerning cryptocurrency. The Minnesota Bitcoin Act is somewhat deceptively titled, however, as the bill refers to “Bitcoin and other cryptocurrencies” throughout. The bill, while made public on March 14, is dated March 17. It makes no mention of any kind of reserve. The Minnesota bill is simple but comprehensive The proposals are fairly simple. The bill adds crypto to the list of investment options available to the State Board of Investment. It adds crypto to the list of forms of payment the state will accept. In addition, the bill allows cryptocurrency received to be subtracted from federal adjusted gross income and it excludes cryptocurrency gains from certain tax calculations. It will be introduced into the state senate by Republican Jeremy Miller. After that, the bill will be referred to that body’s State and Local Government Committee. Changes made under the act would become effective on either Dec. 31 or Jan. 1, 2026. Minnesota revised its legislation to incorporate updates to the Uniform Commercial Code, but has little oversight over cryptocurrency beyond that. The Department of Commerce requires cryptocurrency exchanges to be registered as money transmitters, which is a common practice among states. Minnesota also has a law protecting consumers who use cryptocurrency kiosks (ATMs), which was enacted in 2024. Minnesota lawmakers are divided on crypto on the federal level Although the state is hardly a crypto hub, Minnesota is the home of cryptocurrency proponent Tom Emmer, who has served in the U.S. House of Representatives since 2014. Emmer is the vice chair of the House Financial Services Committee Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence. Emmer reintroduced the Anti-CBDC Surveillance State Act, aimed at preventing the United States from issuing a central bank digital currency, on March 6. He has been pushing the bill since 2022. A different version of it passed the House in 2024. U.S. President Donald Trump signed an executive order prohibiting federal agencies from establishing, issuing, or promoting CBDCs on Jan. 23. Emmer’s seven colleagues in the House are divided 4-3 in favor of crypto across party lines, according to Stand with Crypto. Its senators are firmly against it. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More
After months of struggle in gathering momentum, Dogecoin (DOGE) might be about to undergo a dramatic price reversal. Monitoring the movements of the meme coin, analysts believe it has hit a turning point and might thus launch a quick comeback. The question at hand is whether Dogecoin can seize this opportunity and emerge from its decline, as key indicators are currently displaying bullish signals. Related Reading: Bitcoin And S&P Decline Together, But Data Predicts A Turnaround Analysts Spot Signs Of A Bottom Some analysts contend that Dogecoin has already reached its lowest price point, which could potentially lead to a rebound. A prominent crypto analyst, Trader Tardigrade, has observed that DOGE has been adhering to a long-term price channel. The overall pattern indicates that a bottom has likely formed, despite the fact that it has momentarily moved outside the channel’s boundary. #Dogecoin has been following this Macro Channel since its inception 🔥 Deviations have occurred at the channel’s edges historically. If $Doge remains within the channel without deviation this time, it has already reached the bottom 🚀 pic.twitter.com/fzDDW4HDqe — Trader Tardigrade (@TATrader_Alan) March 13, 2025 Other analysts noted that the TD Sequential indicator, which is used to predict trend reversals, has sent out a buy signal on Dogecoin’s daily chart. This indication has historically been linked to price gains, suggesting that DOGE might be about to enter an upward trend. Crucial Levels To Keep An Eye On Support and resistance levels will be critical in determining Dogecoin’s next moves. At the moment, the $0.16 level is showing signs that a support will emerge. Market observers believe that if the meme coin can keep a solid footing on this level, it could muster enough steam to rally toward much higher price targets. Under ideal conditions, some predictions suggest that Dogecoin may reach $2.74. Compared to its current state, this would represent a significant price hike. However, DOGE needs to surpass a number of resistance zones, including the $0.30 and $0.50 marks, before this can happen. Uptick In Market Activity Encourages Optimism Another element that is giving Dogecoin a good ounce of lift is the elevated market activity of the meme crypto. For instance, in a 24-hour span, the number of active wallets on the network jumped 270% and totaled 264,000 overall. Usually, an increase in this department indicates rising enthusiasm among consumers and investors. Meanwhile, significant investors, referred to as “whales,” have been acquiring DOGE at an accelerated rate. Whales accumulated 1.7 billion DOGE in their accounts over the past 72 hours. This level of accumulation suggests that significant stakeholders value Dogecoin at its present price. Related Reading: TRUMP Token Takedown—Did Insiders Plan The Crash? Dogecoin Outlook While the signs are promising, Dogecoin still faces uncertainty. Market sentiment, broader crypto trends, and potential regulatory moves—such as a Securities and Exchange Commission-approved Dogecoin ETF—could all impact its price trajectory. Featured image from Gemini Imagen, chart from TradingView
U.S. Representative Thomas Massie, a Republican hailing from Kentucky, has recently disclosed that he received more than $261,000 in contributions to his campaign. This week, the staunch advocate for fiscal responsibility, currently engaged in a spirited political clash with President Donald Trump, announced that his campaign is now welcoming bitcoin as a form of support.
Chainlink (LINK), one of the world’s largest altcoins, has left behind a massive previously planned token unlock. In recent hours, the Chainlink development team has added 19 million LINK, or approximately $269 million worth of assets, to circulation in the token unlocking operation it regularly carries out every quarter. According to the data, he transferred 14.875 million LINK, worth $212.9 million, to Binance. On the other hand, the remaining 4.125 million LINK, or $56.2 million, was transferred to a multisig wallet with the short address 0xD50. Related News: Important Development for Surprise Altcoin - Coinbase Files Application with CFTC According to the data, the Chainlink development team has unlocked a total of 176 million LINK since August 2022. This amount corresponds to $ 2 billion at the time, and currently it is equivalent to $ 2.43 billion. 151.3 million of these unlocked tokens were transferred to Binance for an average of $ 11.41. The Chainlink development team currently holds 342.5 million LINK worth $4.7 billion locked in uncirculated supply contracts. Following today’s token unlock, the LINK price reacted with a loss of approximately 5%. Chart showing the decline in LINK price. *This is not investment advice. Continue Reading: Anticipated Altcoin Token Unlocking Hits Huge Token Unlock, Tokens Go Into Circulation – Here’s the Initial Price Reaction
Users benefit from cryptocurrency gambling because through it, they receive faster payment speeds, stronger security measures, and the ability to bet from any location. The sports betting industry needs efficient sports odds aggregators as sportsbooks continue to incorporate crypto payment methods. Sportsbook operators can utilize these platforms to retrieve betting odds from various sources in real time, ensuring users receive current and competitive wagering options. The selection of a quality sports odds API is essential because it determines a sportsbook’s performance and also influences user loyalty, financial outcomes, and system stability. The article goes over premium odds aggregation features in crypto-friendly betting platforms and explores the impact of modern technology on future sports wagering. Digital wagering solutions are analyzed in detail at Crypto Intelligence , where readers can access the latest trends in crypto gambling and sports betting technology. The Importance of Sports Odds Aggregators for Crypto Sportsbooks The competitive crypto gambling market requires platforms to provide immediate access to odds from various sporting events for their betting customers. Traditional sportsbooks have long used odds aggregation to improve their betting options, but crypto-friendly sportsbooks face three main challenges: decentralized transactions, market volatility, and regulatory uncertainties. A reliable sports odds aggregation system allows sportsbooks to instantly compare odds from multiple platforms by integrating both fiat and cryptocurrency data, thereby building user trust. As the sports betting industry transitions to digital assets, operators must choose aggregators that support crypto transactions and incorporate blockchain security, features that are now essential. The integration of a trustworthy odds API becomes essential because operators who do not implement it will lose ground to competitors who provide better betting experiences based on secure data-driven platforms. Key Factors to Consider When Choosing a Sports Odds Aggregator The selection of an appropriate sports odds aggregator depends on multiple important factors for assessment. Crypto sports betting demands precise real-time data because odds change quickly during betting sessions. Top aggregators rely on fast data streams and AI-driven analysis to continuously update odds in real time. For optimal security and seamless, delay-free crypto payment transactions, API integration with payment gateways must be flawless. Security and compliance stand as essential factors in the industry, so top aggregators use blockchain encryption together with 2FA and anti-fraud protection systems. Following regulations provides legal stability to operations. Sportsbooks gain better user satisfaction through customization because they can adjust odds and betting limits and market options to specific preferences. A design that embraces user-friendliness enables better customer commitment both during initial engagement and for continued use. Maximizing profits in sports betting increasingly depends on AI analytics, which provide predictive sports predictions, personalized betting guidance, and effective risk optimization. The Impact of Sports Odds Aggregators on Crypto-Friendly Sportsbooks Crypto sportsbooks differ from traditional bookmakers in that they incorporate decentralized finance (DeFi) principles throughout their operations. Every component of betting operations must function at high speed with robust security and transparency. A dependable sports odds aggregator enables crypto-friendly betting platforms to update their odds instantly, an essential feature given the constant price volatility of digital assets. The efficient operation of an odds API eliminates betting rate differences to stop users from placing wagers with old prices. The acceptance of multiple currencies through wagering support becomes possible because leading odds aggregators enable sportsbooks to work with various cryptocurrencies and stablecoins which expands their betting audience worldwide. Blockchain-based odds aggregation provides transparent betting records that prevent data tampering while reducing concerns about data manipulation. The system establishes confidence levels that benefit both gamblers and oversight organizations. Selecting the Best Sports Odds API Provider Sportsbook operators need to perform thorough assessments of multiple odds aggregation services that exist in the market. Sports betting technology includes reputable companies such as Odds88 that provides both sportsbook-compatible real-time odds aggregation and API solutions. Their platform delivers sportsbook operators an advanced API that provides smooth integration and real-time betting updates, and extensive market coverage. The Future of Sports Betting and Odds Aggregation in 2025 Multiple developments in the sports betting sector will transform odds aggregation during the upcoming years. AI technology together with machine learning, will assume a more influential position to refine odds while delivering predictive information to betting customers. The growing decentralized betting market is creating increased adoption of blockchain technology which will produce transparent and fair odds generation. The expanding esports industry alongside virtual betting will escalate the need for adaptable odds aggregation solutions, and regulatory changes in crypto gambling will impact API security procedures. Conclusion Sportsbook operators within the crypto betting industry must select the perfect sports odds aggregator because it represents their most vital operational choice. A perfect sports odds API must deliver real-time precise betting information with crypto transaction support and blockchain encryption for security purposes. The competitive crypto betting market demands advanced odds aggregation technology to stay ahead since user demand for crypto-friendly platforms continues its upward trend. Sportsbook operators who integrate Odds88 solutions into their operations can provide their users with the best betting experience through competitive odds. Users seeking additional information about crypto gambling trends should check Crypto Intelligence for up-to-date sports betting technology news.