Asset management firm Hashdex has filed an amendment with the U.S. Securities and Exchange Commission to include Litecoin in its Hashdex Nasdaq Crypto Index US ETF. The Hashdex Nasdaq Crypto Index US ETF aims to capture the overall trends in the crypto market by providing diversified exposure to a range of digital assets. By adding Litecoin ( LTC ), Hashdex will expand the ETF’s asset base, potentially improving its diversification and making it more attractive to investors interested in the cryptocurrency sector. An exchange-traded fund is an investment fund that holds a collection of assets, such as stocks, bonds, or cryptocurrencies. ETFs trade on stock exchanges, allowing investors to buy and sell shares throughout the trading day, similar to individual stocks. This structure provides diversification as investors gain exposure to multiple assets within a single investment. Hashdex recently received approval from Brazil’s Securities and Exchange Commission to launch the world’s first XRP ( XRP ) spot ETF on the B3 stock exchange. The decision came as multiple U.S. issuers, including Grayscale and WisdomTree, awaited SEC approval for similar products. Litecoin, created in 2011, is a peer-to-peer cryptocurrency that enables instant, near-zero-cost payments to anyone worldwide. It operates on an open-source, decentralized payment network without any central authority. You might also like: Standard Chartered slashes ETH price target by 60%, predicts $4k by year-end
Asset manager Canary Capital has filed the S-1 form for its SUI ETF with the US Securities and Exchange Commission (SEC). This comes just a week after the firm filed in Delaware to incorporate the fund. Canary Capital Files For SUI ETF With US SEC In an X post , Bloomberg analyst Eric Balchunas revealed that Canary Capital has just filed the S-1 form for its SUI ETF with the US SEC. This filing comes just after the asset manager filed to incorporate the fund in Delaware a week ago. This provides a bullish outlook for the SUI price, which is already eyeing a rally to as high as $7, which will mark a new ATH for the crypto. The post Breaking: Canary Capital Files S-1 For SUI ETF With US SEC appeared first on CoinGape .
Bitcoin miners have recently liquidated over $27 million in profits, raising questions about the sustainability of Bitcoin’s upward momentum. This selling activity coincides with Bitcoin trading near critical resistance, particularly
While the largest altcoin Ethereum (ETH) failed to make the expected upward move, Standard Chartered lowered its ETH price target, citing structural weakness. From 10 Thousand Dollars to 4 Thousand Dollars! British banking giant Standard Chartered has lowered its 2025 year-end price target for Ethereum from $10,000 to $4,000. Saying that ETH’s structural decline is likely to continue, the bank lowered its target, citing various factors including the increasing dominance of Ethereum Layer-2 Base. Geoffrey Kendrick, head of global digital assets research at Standard Chartered, said that Coinbase’s layer 2 network Base has reduced the market value of ETH by $50 billion, and that this trend is expected to continue. “While Ethereum continues to dominate in key areas, its market position is weakening. Layer-2s and especially Base are now making super profits from the Ethereum ecosystem. But if market forces, particularly tokenized real-world assets, grow significantly, this structural decline could stop.” Kendrick also said that another way to stop the decline in ETH is through the Ethereum Foundation. “Another solution would be for the Ethereum Foundation to tax the excessive profits of Tier-2s, just as governments sometimes impose excessive taxes on foreign mining companies that make excessive profits. Unless that happens, ETH-BTC will continue to fall,” the analyst said. Kendrick also said that he expects the ETH/BTC ratio to drop to 0.015 by 2027, its lowest level since 2017. The analyst finally added that although ETH is expected to recover along with Bitcoin (BTC), its underperformance is likely to continue. *This is not investment advice. Continue Reading: Standard Chartered Updated Ethereum (ETH) Price Forecast for 2025!
XRP is making headlines after Ripple trademarked “downloadable software” that will allow people to store cryptocurrencies. This development has sparked speculation about its potential impact on the XRP price. This article explores how high Ripple price could go if the company launched a crypto wallet amid growing institutional interest and ongoing legal clarity. XRP Price Poised to Rally As Ripple Trademarks Downloadable Software XRP price today trades at $1.32, reflecting a modest 1.4% increase. This uptick follows Ripple’s trademark filing for downloadable software, signaling the company’s intent to launch a cryptocurrency wallet and broaden its crypto offerings. Ripple Trademark Filing Pro-XRP lawyer Jeremy Hogan has opined that this product will likely be launched in the next six months. Once the trademark office approves the filing, the crypto company will only have six months to advertise and offer the product. “Be on the lookout for the Allowance of Use from the trademark office… Ripple only has 6 months to advertise, sell, etc, the service, and file a Statement of Use (SOU). You’ll know what it’s all about before the end of the summer probably,” Hogan stated. Once this product launches, it will bolster Ripple’s presence in the crypto industry. The blockchain company has already taken the lead in the blockchain-powered payments sector, with this offering set to boost an XRP price rally to as high as $5 within months., How High Will Ripple Rally? XRP price is poised for a parabolic rally once this product is launched. This filing comes amid several bullish catalysts that are already driving Ripple’s price including the possible end of the SEC vs. Ripple lawsuit , a spot ETF filing, and a possible $125M XRP purchase by the US government. Ripple has a bullish outlook on its daily chart. The price has broken out of a descending trendline on the daily chart and is dropping to retest this level. A successful retest will confirm the strength of the trend. If it holds this support and forms a bullish leg past the 50% Fibonacci level of $2.57, it could stir massive gains to a multi-month high of $3.75. Bollinger bands confirm this bullish outlook after XRP price turned the middle band into support. Looking at the past trends, each time Ripple moved above this middle band ignited an uptrend. With the potential launch of a crypto wallet, this rally could happen soon. However, for this bullish trajectory to continue, the RSI needs to flip above 50 to confirm a surge in the buying pressure. XRP/USDT: 1-day Chart The potential release of a crypto wallet that will expand Ripple’s digital asset offerings and the bullish technical outlook suggest that the price could be on the path towards a massive rally towards $5. The post How High Can XRP Price Go as Ripple Trademarks “Downloadable Software” appeared first on CoinGape .
Canary's S-1 filing for a Sui spot ETF could accelerate mainstream crypto adoption and influence regulatory perspectives on digital assets. The post Canary files S-1 for Sui spot ETF appeared first on Crypto Briefing .
Bitcoin miners have offloaded over $27M in profits as BTC trades near key resistance. Will this selling cap Bitcoin’s upside?
Sam Altman’s blockchain project, World Network, is teaming up with gaming hardware firm Razer on a suite of features designed to weed out bots from video games. “Razer ID verified by World ID” is a single sign-on mechanism that will verify real human gamers from bots. It's built atop Razer ID, Razer's existing login service, and will help guarantee there's "a real person behind every Razer ID account,” according to a statement shared by Razer and World. The collaboration between the two firms comes as artificial intelligence (AI) tools are seeping into every corner of online life — including inside of video games, which have been plagued by non-human AI "bots" since long before the rise of Altman's ChatGPT. According to a study from Echelon Insights that World shared with CoinDesk, roughly 59% of gamers said that they regularly encountered unauthorized, third-party bots in their games. In addition to posing a general nuisance to players, bot accounts often have tactical advantages over real players, which can ruin the competitiveness of some multiplayer games. “Game developers now have a tool to build dynamic spaces where real players —not bots— dominate the digital landscape,” World said in its statement. Razer's integration with World Network builds upon World's existing blockchain-based identity solution, which uses iris scans to differentiate real humans from robots online. The new feature will be integrated first into “TOKYO BEAST,” a blockchain-based game set in a version of Tokyo based 100 years in the future. It's an apt pairing: the game's main premise involves humans coexisting with autonomous androids. When users log into TOKYO BEAST, they will be prompted to sign in using a World-authenticated Razer ID, ensuring they can play online with real human players only. “As AI continues to reshape the gaming world, we want to empower gamers and game developers with the tools they need to navigate this transformation safely and confidently,” said Wei-Pin Choo, the chief corporate officer at Razer. “By teaming up with World, we’re ensuring that real players are the heart of every experience, keeping gaming fair, immersive, and designed for humans.” Read more: Sam Altman's World Network Unveils New Chat Feature to Connect Real Humans
Bitcoin's (BTC) 90-day open interest metrics dynamic turns negative, which normally unlocks opporunities for bulls
On March 17th, COINOTAG reported significant movement within the crypto markets as a notable whale entity associated with AUCTION tokens has executed substantial transactions. Recent monitoring by EmberCN reveals that