The push for the Arizona Governor, Katie Hobbs, to sign the SBR has already begun.
Bitcoin price has signaled bullish sentiment, with the next target above $99k.
After months of lobbying and speculation, Arizona has become the first state in the United States to pass a strategic Bitcoin reserve (SBR) bill in both houses. On Monday, during the late North American session, the Arizona House passed the Bitcoin Reserve Bill SB 1025, with 31 yes against 25 nays.
As a result, the state of Arizona will invest 10 percent of the public funds annually in Bitcoin to hedge against inflation and macroeconomic uncertainties. Meanwhile, the SB 1025 bill is now awaiting final approval from Arizona’s governor Katie Hobbs, a Democratic Party member.
The Final Push for Bitcoin SBR’s Implementation in Arizona
As Coinpedia previously reported, Governor Hobbs threatened to veto all bills until a disability funding bill was passed by both houses. Amid the controversy, Dennis Porter, CEO and Co-founder of Satoshi Action Fund, requested American voters to push their elected leaders to implement the strategic Bitcoin reserves Bills as soon as possible.
Following the announcement, a ripple effect is expected in other states debating the SBR bills. Furthermore, the Donald Trump administration has laid significant emphasis on the importance of Bitcoin and digital assets thriving in the United States.
Bitcoin price gained around 1 percent to trade at about $94.5k at the time of this writing. The rising demand for Bitcoin by whale investors will play a crucial role in its rally beyond the resistance range between $95k and $99k in the coming weeks.
The SEC is currently reviewing spot crypto ETFs, following its approval of Bitcoin and Ethereum ETFs. Now, big names like Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale, and WisdomTree are all competing to launch an XRP ETF.
It has started reviewing with Grayscale’s application on February 14, which began a 240-day review period. Other filings from WisdomTree, Canary Capital, and CoinShares are also under review and are now open for public comments.
However, the SEC has delayed its decision on Grayscale’s XRP ETF application, along with several other crypto spot ETFs, including those for Solana, Litecoin, and Dogecoin. Investors will have to wait until May 2025 for updates on whether these ETFs will be approved, rejected, or further delayed.
Multiple XRP ETFs Coming In May?
The new deadline for XRP ETFs is May 22, 2025, affecting filings from Canary, Bitwise, and Grayscale.
May 22 likely multiple XRP ETF approvals.
Again, while I don’t think this has a specific impact on price, it will validate XRP as legit and open the floodgates to investors looking to hold a liquid, digital asset..
Market watchers speculate that on May 22, multiple XRP ETFs are likely to be approved, which will make XRP more legitimate and easier for investors to buy. This will attract new investors who are not familiar with crypto wallets or regulations, allowing them to buy XRP through regular stock accounts.
While it may take over a year for this to impact XRP’s price, the news will likely cause a short-term price boost.
The Odds Of Approval
Notably, Bloomberg analysts predict a 65% chance that the SEC will approve XRP ETFs in 2025. While Polymarket currently places the odds at 72%, indicating strong confidence in a favorable outcome.
Analyst James Seyffart shared an update on recent crypto spot ETF filings, saying the SEC delayed decisions on altcoin ETFs like Litecoin, Solana, XRP, and DOGE, which is typical, especially since Atkins hasn’t been confirmed yet. He added that this delay doesn’t affect their relatively high chances of approval, and the final deadlines for these ETFs aren’t until October.
Yes, the SEC just punted on a bunch of alt coin ETF filings including Litecoin, Solana, XRP & DOGE. It’s expected as this is standard procedure & Atkins hasn’t even been confirmed yet. This doesn’t change our (relatively high) odds of approval. Also note that the final deadlines…
ETF Decision Delayed as Atkins Awaits Confirmation
Seyffart pointed out that Paul Atkins is awaiting confirmation as SEC Chair, which could be important for the ongoing SEC appeal in the Ripple case. The SEC filed its appeal on January 15, challenging a ruling on XRP sales, with Ripple’s reply due by April 16. If Atkins is confirmed before this deadline, he, along with other SEC officials, could push to withdraw the appeal.
Pro-crypto lawyer Fred Rispoli believes the Ripple case will be resolved before April 16, 2025, and speculates that a deal may have been reached behind the scenes. James Murphy also hinted that ongoing talks could delay withdrawing the appeal, which might open the door for XRP spot ETFs to be approved.
The post XRP Set for Multiple ETF Approvals by May 2025 appeared first on Coinpedia Fintech News
The SEC is currently reviewing spot crypto ETFs, following its approval of Bitcoin and Ethereum ETFs. Now, big names like Franklin Templeton, Bitwise, 21Shares, Canary Capital, Grayscale, and WisdomTree are all competing to launch an XRP ETF. It has started reviewing with Grayscale’s application on February 14, which began a 240-day review period. Other filings …
The crypto market is buzzing with news of a rapidly rising star. Codename:Pepe has captured attention with its staggering $1 million presale, drawing eyes away from stagnant coins like DOGE and SHIB. This energetic new project promises massive returns, capturing the interest of investors looking for the next big win in the meme coin world.
With a unique blend of humor and ambition, Codename:Pepe aims to outshine its competitors by using artificial intelligence for smarter trading. The presale success suggests growing support, and investors may find it challenging to ignore this opportunity. In a market where some coins lag, this project seeks to redefine success with skyrocketing potential.
Codename:Pepe Unleashes True Intelligence for Maximum Profits
The crypto underworld is infested with fake AI agents—shady operators promising “next-gen intelligence” while barely outsmarting a toaster. This nonsense ends today.
Codename:Pepe has come to denounce fake AI agents. This ultimate undercover agent does not pretend, it is actually doing something useful: helping you make money in the chaotic meme coin jungle. Codename:Pepe is on a mission of mass hilarity (and, naturally, ridiculous gains).
Classified Intel: The True Identity of Codename:Pepe
Keep this under wraps: Codename:Pepe is a Pepe in disguise. Modeled after the legendary PEPE coin, which skyrocketed nearly 22,000%, this covert operative has the same ambition. Will it succeed? That depends on its community.
Unlike VC-backed rug pulls, Codename:Pepe is powered by the people. The bigger the support, the higher it moonwalks. That’s why it has chosen the community-driven presale strategy with a smart plan:
Entry Price at Stage One: $0.003333333 (because three is a lucky number)
Final Stage Price: $0.151515152 (because round numbers are boring)
Codename:Pepe plans to use the power of artificial intelligence to hunt down the juiciest meme coins, predict market trends, and deliver exclusive AI-powered trading signals before the FOMO kicks in.
Beyond smart analysis, this genius agent will also trade for you with its fully automated AI-trader, turning those signals into sweet gains.
Every great agent needs an elite organization backing them. That’s where $AGNT comes in. Holding $AGNT unlocks membership in a top-secret DAO, where operatives (investors) gain access to classified strategies, insider analytics, and the ability to vote on high-stakes missions. Holding $AGNT will unlock:
Membership in a top-secret DAO
Access to classified strategies
Insider analytics
Ability to vote on high-stakes missions
Profits from the mutual DAO fund will be allocated to those who stake their $AGNT, ensuring the spoils of the trade go to the most loyal agents.
Top-Secret Tokenomics (No Funny Business)
This is a community-first operation, so 25% the total token supply is allocated for staking and rewards.
Codename:Pepe isn’t just throwing tokens around like confetti. The supply is capped at 5 billion, ensuring no surprise inflation bombs.
Further breaking down the tokemonics, only 20% of the supply is allocated for the presale. The offer at a discounted price is limited.
Final Orders: Deploy Capital & Secure Your $AGNT Now
This is your shot to join crypto’s most ridiculous yet lucrative mission. The best entries go to the fastest trigger fingers. Don’t be the guy who “wished he got in early.”
The mission is set. The presale is live. Are you in, or will you let the AI fakes win?
Dogecoin is a digital currency that operates on a peer-to-peer network. Launched in December 2013 by engineers Billy Markus and Jackson Palmer, it features a Shiba Inu dog as its logo. It was created as a fun and approachable alternative to Bitcoin. The currency is based on LuckyCoin, a derivative of Litecoin, using a Scrypt algorithm for mining. Unlike Bitcoin, Dogecoin has an unlimited supply, allowing more coins to be produced over time. Its transactions are processed quicker due to a shorter block time.
Dogecoin gained attention through endorsements from public figures like Elon Musk. It also became known for its participation in charitable activities, including sponsoring an Olympic team and funding African water projects.
In 2021, Dogecoin reached a significant price peak driven by online hype but has since seen a reduction in value. Known for its volatility, Dogecoin continues to have a dedicated following and is a recognized name in the cryptocurrency market. While facing competition from coins like Litecoin and Shiba Inu, Dogecoin’s community-driven growth and unique origin maintain its presence in the crypto space.
Shiba Inu: A Meme Coin Gainging Prominence
Shiba Inu, also known as SHIB, is a digital currency launched in 2020. It started as a meme coin, aiming to follow the success of Dogecoin. The token quickly gained attention from influencers like Vitalik Buterin and Elon Musk.
Built on the Ethereum blockchain using the ERC-20 token standard, it was initially intended for transactions and investments. As its popularity grew, the creators expanded its use case by launching a decentralized exchange and an NFT project. These initiatives helped SHIB stand out from other meme coins by offering more practical applications.
In recent years, SHIB has maintained stability around the $0.00001 to $0.00002 price range. This follows its peak in October 2021 when it reached $0.00008845. Though it has seen a notable decrease since, the ecosystem surrounding SHIB continues to expand with projects like a metaverse, games, and merchandise. While the token has the infrastructure to support growth, an external factor, such as a new crypto market surge, might be needed for a significant price increase. The potential for SHIB to regain its peak relies on future market behaviour and its ongoing ability to innovate and engage users.
Conclusion
While established meme coins like DOGE and SHIB show signs of slowing down in the short term, Codename:Pepe is making a significant impact by integrating advanced intelligence for maximizing profits. Its rapid $1M presale reflects a strong community interest in innovative solutions that go beyond the hype.
By leveraging AI to navigate the complexities of the crypto market, Codename:Pepe offers a fresh approach that sets it apart from its predecessors. As the market enters a bullish phase, this project positions itself as a promising contender for those seeking substantial gains through intelligent investment strategies.
The post Codename:Pepe (AGNT) Hits $1M Presale in Record Time—The Next 10,000% Moonshot While DOGE & SHIB Stagnate? appeared first on Coinpedia Fintech News
The crypto market is buzzing with news of a rapidly rising star. Codename:Pepe has captured attention with its staggering $1 million presale, drawing eyes away from stagnant coins like DOGE and SHIB. This energetic new project promises massive returns, capturing the interest of investors looking for the next big win in the meme coin world. …
