Crypto markets experienced their second-worst day ever, with reserve coins plummeting over 20% amid tariff concerns. The Fear & Greed index dropped to 24, while the ETH/BTC ratio hit a four-year low. Notable developments include SEC’s introduction of a crypto task force and a proposed DOGE ETF listing by NYSE Arca.
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Crypto Market Plummets Amid Regulatory Changes and Major Outflows
Crypto markets faced a severe downturn, marking the second-worst day in history, with major reserve coins plummeting over 20%. The Fear & Greed index dropped to 24, while the ETH/BTC ratio hit a four-year low. Amidst this turmoil, the SEC introduced a crypto task force and plans to drop its case against Kraken, while Coinbase assesses the impact of regulatory actions on the industry. In other developments, Tether appointed a new CFO for enhanced transparency, and Vietnam is set to introduce crypto regulations in March.
read morePotential Impact of Bitwise ETF Approval on Dogecoin Prices
The cryptocurrency market remains volatile as Bitwise Asset Management seeks approval for a Dogecoin ETF from the SEC, which could lead to a price surge for the meme coin. Currently, Dogecoin is trading at $0.1923 after a recent decline, but predictions suggest it could reach $0.83047 by March 2025, marking a potential 330% return on investment. The upcoming months are expected to be favorable for DOGE investors, although the $1 mark remains elusive for now.
read moreDogecoin poised for breakout as ETF application gains momentum
Dogecoin is showing signs of a potential upside breakout, according to trader Tardigrade, who identified a triangle pattern reminiscent of the 2017-18 bull market. With over 80% of traders on Binance positioned long, optimism is fueled by increasing odds of a Dogecoin ETF approval, now at 67%. Currently, Dogecoin is trading at $0.1926, down 11.56% in the last 24 hours.
read moreDogecoin ETF Approval Expected by 2025 Amid Market Volatility
The SEC is reviewing multiple filings for Dogecoin-based ETFs, with Bitwise and Grayscale leading the applications. Analysts predict a 67% chance of approval, potentially rising to 75% by 2025, despite recent market volatility, including a 16% price drop for Dogecoin.Currently, Dogecoin is trading around 0.18500, having found support after a bearish move. Buyers may look for a bounce at this level, while sellers could target a breach for further declines.
read moreBitwise Dogecoin ETF Proposal Under SEC Review Following NYSE Filing
NYSE Arca has filed a 19b-4 application with the SEC to list a Dogecoin ETF from Bitwise, with Coinbase Custody as the custodian and BNY Mellon managing cash holdings. The ETF aims to track Dogecoin’s market price closely, and market sentiment for its approval in 2025 is growing, with predictions of a 67% to 75% chance of success. Despite this optimism, Dogecoin’s price has dropped 15.79% recently, reflecting broader market challenges.
read moreGrayscale Files for Sixth Altcoin ETF Focusing on Hedera HBAR
Grayscale Investments has filed for a new spot Hedera (HBAR) exchange-traded fund (ETF), marking its sixth altcoin-focused ETF. The SEC has acknowledged this filing, along with others for Dogecoin (DOGE), Polkadot (DOT), XRP, Cardano (ADA), and Solana (SOL), indicating a more favorable regulatory environment for altcoin ETFs. Nasdaq previously filed for a HBAR ETF on behalf of Canary Capital, with analysts suggesting higher chances of approval for Hedera and Litecoin.
read moreEthereum ETF Inflows Slow as IntelMarkets Presale Surges 900 Percent
Ethereum ETF inflows are expected to slow in Q2 2025, while a new project, IntelMarkets, has surged 900% in presale. With the potential approval of Ethereum ETFs by the SEC, optimism remains for ETH price recovery, despite a recent 15% decline amid market concerns. IntelMarkets aims to empower small traders with advanced AI tools and a secure Quantum Wallet, offering early investors a chance for significant gains.
read moreSEC Reviews Grayscale Ethereum ETF Staking Proposal Ahead of May 2025 Decision
The SEC is reviewing Grayscale’s request for staking approval in its Ethereum Trust ETF, with a decision expected by May 26, 2025. This follows similar proposals from the Cboe BZX Exchange and NYSE Arca, highlighting a growing interest in staking amid regulatory discussions. Meanwhile, Ethereum’s price has seen a slight increase, although it remains down over the past month.
read moreSEC Reviews Grayscale Cardano ETF Filing Decision Expected by August 2025
The SEC has acknowledged Grayscale’s filing for a Cardano Trust (ADA) ETF on NYSE Arca, initiating a regulatory review process expected to conclude by August 2025. The trust aims to reflect the value of its ADA holdings, with daily Net Asset Value calculations based on aggregated price data from multiple platforms. Coinbase Custody will secure the trust’s ADA through advanced security measures, while the SEC will evaluate the proposal’s compliance with investor protection and market integrity standards.
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