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The US Securities and Exchange Commission (SEC) has formally acknowledged a Nasdaq filing to allow staking in BlackRock’s Ethereum ETF. The acknowledgment launches a public consultation into the suitability of the filing as experts eye an approval by the end of the year. SEC Confirms Staking Filing For BlackRock’s Ethereum ETF According to an SEC
The post Breaking: BlackRock’s Ethereum ETF Staking Proposal Advances As SEC Acknowledges Filing appeared first on CoinGape.
A crypto whale’s recent decision to hoard $110 million in Bitcoin & Ethereum has rattled the broader crypto market amid a bullish trend brewing lately. On Monday, April 28, whale metrics by a tracker signaled that roughly $56 million worth of BTC and $54 million worth of ETH was acquired by an OTC exchange intraday. In response, traders and investors eye sustained price gains in the cryptos, whilst the flagship coin is already up over 7% weekly, and Ether is up nearly 9% in the same duration.
Lookonchain’s latest X post revealed that a crypto whale has seemingly purchased $110 million in Bitcoin & Ether via separate addresses. As per the data, this whale stacked up 600 BTC, worth $56.7 million, via the OTC exchange Wintermute.
Furthermore, the whale used another address to purchase 30,000 ETH, worth $54 million, via the same OTC exchange. The endgame? This massive buying, underscoring rising market interest and buying pressure on the assets, has ignited optimistic speculations about prices amid a broader bullish landscape.
Notably, BTC price is up over 7% in the past seven days and is currently sitting at the $94K level. On the other hand, even Ethereum’s price surged over 9% in the past 7 days, closing in at the $1,800 level. These broader rising price trajectories have solidified investors’ hope for a bull run in the pipeline when coupled with the massive crypto whale accumulation.
Besides, renowned market analyst Ali Martinez has recently revealed that roughly 100 new entities holding over 1000 Bitcoins have joined the network since January. This data has further propelled bullish sentiments, underscoring rising market interaction with the flagship crypto in tandem with the massive whale accumulation.
Even the BTC accumulation trend score started to approach 1, suggesting intense accumulations and strong holder conviction for the coin across the sector. The direct response to these bullish dynamics is that market watchers are now eyeing phenomenal price gains ahead.
On the other hand, CoinGape reported the previous week that crypto whales bagged ETH worth $100 million, ushering in similar bullish sentiments of a price rally ahead.
The post Crypto Whale Bets $110M In Bitcoin And Ethereum: Details appeared first on CoinGape.
The post Solana (SOL) Price Stuck at a Major Resistance—Can it Reach $180 in May 2025? appeared first on Coinpedia Fintech News
The crypto market, since the beginning of the second fortnight of the month, has been experiencing a pivotal trend reversal, altering the prevailing direction and amplifying liquidity-driven opportunities. Meanwhile, Solana exhibited a strong bullish breakout this week, surging above $150 and showing robust ecosystem metrics supported by both technical and on-chain performance. SOL’s market activity offers a clear window into current sentiment, underpinned by strong fundamentals and amplified by emerging ecosystem narratives.
At the start of the week, SOL traded around $134, experiencing moderate fluctuations and rebounded, closing near $140. With this, the token quickly entered an upward channel, which strengthened mid-week after a breakout through previous resistance zones. The most significant breakout occurred in the past couple of days when the price closed above $150 for the first time in Q2, registering a gain of over 10%.
Solana’s TVL continues to hold strong at $8.54 billion, reflecting sustained capital commitment to Defi applications on the platform. Social media highlights active development with new partnerships and an increase in staking. Interestingly, Solana surpassed Ethereum in staked market cap, hinting towards a rise in adoption. Despite the bullish indicators, why is the SOL price stuck within a narrow range?
Along with the sluggish movement of Bitcoin, the transfers of the SOL token to CEX could have raised some concerns. Pumpfun, a popular Solana-based marketplace, has transferred more than 117K SOL tokens to Kraken in the past few hours. With this, it has deposited a total of over 3 million SOL tokens at $186 and sold nearly 264,373 at $158. These whale-sized SOL deposits usually spell short-term turbulence, as major exchange transfers often foreshadow sell pressure or active hedging.
Solana has displayed a massive rebound after reaching the lows below $100, which witnessed a huge rise in the buying pressure. This validated the presence of bulls who further pushed the price back above $150. With this, the token has reached the threshold of a bullish pattern, and hence, a breakout from this range could initiate a fresh upswing of over 30%.
Although the price is facing some bearish pressure, the token remains prone to maintaining a healthy ascending trend. After a bullish crossover, the Ichimoku cloud has turned bullish, which suggests a change in the trend of the rally. On the other hand, the OBV, the volume-based indicator, is constantly rising, which suggests a confirmation of a bullish trend.
Therefore, the Solana price, which is facing a minor upward pressure, is expected to hold above the resistance at $150 and withstand bearish activity. Once the selling pressure fades, a fresh upswing could push the price above $180, which may validate a rise to $200 later this year.
The post Solana (SOL) Price Stuck at a Major Resistance—Can it Reach $180 in May 2025? appeared first on Coinpedia Fintech News
The crypto market, since the beginning of the second fortnight of the month, has been experiencing a pivotal trend reversal, altering the prevailing direction and amplifying liquidity-driven opportunities. Meanwhile, Solana exhibited a strong bullish breakout this week, surging above $150 and showing robust ecosystem metrics supported by both technical and on-chain performance. SOL’s market activity …
XRP has had a turbulent June, with the altcoin showing little to no clear direction. Throughout the month, macro bearish signals have loomed, affecting its price and sentiment.
However, there is potential for a reversal in July, thanks to the growing influence of whale investors.
Whale activity has been a crucial factor in the past ten days, as large holders of XRP accumulate substantial amounts despite the price volatility. The addresses holding between 10 million and 100 million XRP have bought over 610 million XRP worth more than $1.33 billion.
This accumulation comes at a time when the broader market sentiment remains uncertain, and the whales’ influence could counterbalance the erratic behavior seen among smaller investors. Their moves signal that some big players remain confident in the long-term outlook for XRP, even as the market struggles to gain momentum.
However, investor sentiment remains mixed, with many smaller investors unsure about XRP’s next move. This uncertainty is exacerbated by macroeconomic conditions that have led to a prolonged downtrend.
The lack of clear developments, such as the delayed XRP ETF launch, has left investors hesitant, reflecting a broader trend of indecision in the market. Speaking to BeInCrypto, Temujin Louie, CEO at Wanchain, noted that XRP may have trouble launching an ETF.
“XRP remains a highly speculative asset, more so than BTC or even ETH. As such, the SEC’s postponement isn’t entirely surprising, as they are surely hesitant to set a precedent and trigger a wave of altcoin-ETF filings. Further complicating matters is the unpredictability of the current Trump administration and the looming possibility of another policy reversal in a few years,” Louie stated.
The overall market momentum for XRP has been influenced by the exchange net position changes, which show a lack of conviction from retail investors. Over the past month, the pattern of buying and selling on exchanges has been volatile, with no clear trend emerging.
This suggests that investors are unsure about XRP’s immediate future, further fueled by the delays in the anticipated ETF launch. The lack of concrete developments has led to an uncertain atmosphere surrounding the altcoin.
XRP’s price has been stuck in a downtrend for over a month, trading at $2.18 and holding above the support level of $2.13. The failure to break through this resistance suggests that the downtrend may continue into the start of July. The lack of positive movement leaves XRP vulnerable to further declines unless a significant catalyst arises.
The beginning of July and Q3 could present a gloomy outlook for XRP if the price remains trapped within $2.23 and $2.13. This scenario would signal a continued downtrend.
Nevertheless, XRP historically has had a positive July in terms of monthly returns. The median monthly return for the coming month for XRP sits at 6.91%. A similar rise in July 2025 would push XRP past the $2.23 resistance to reach $2.32.
However, if the whales change their strategy and shift from accumulation to selling, XRP’s price could face further losses. If it loses the crucial support level of $2.13, XRP could experience a sharp decline. The altcoin could potentially reach as low as $2.02, which would invalidate any bullish outlook for XRP.
The post What To Expect From XRP Price In July 2025? appeared first on BeInCrypto.