PENGU Meme Coin Surges 12% on Bullish Earnings Report

PENGU, the Solana-based meme coin tied to the Pudgy Penguins NFT collection, has surged by double digits following a favorable mention in Bullish exchange’s earnings report. Prediction markets now show a 67% probability that the token will climb to $0.05 rather than decline. Despite the rally, the underlying NFT collection remains significantly below its all-time highs, highlighting the complex relationship between meme coins and their associated digital assets.

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SEC Approves Fast-Track for Crypto Spot ETFs

The U.S. Securities and Exchange Commission has fundamentally reshaped the digital asset landscape by approving rule changes that streamline the approval process for crypto spot exchange-traded funds. This landmark decision allows major exchanges to adopt generic listing standards, potentially reducing approval timelines from 240 days to just 75 days and opening the floodgates for dozens of new crypto investment products in America’s regulated markets.

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SEC Approves New Standards to Speed Up Crypto ETP Listings

The U.S. Securities and Exchange Commission has approved new generic listing standards for commodity-based trust shares on Nasdaq, Cboe, and the New York Stock Exchange, marking a significant step toward expediting the approval process for crypto-related exchange-traded products. While this regulatory shift aims to reduce delays and provide clearer guidelines for issuers, experts emphasize that threshold requirements remain in place, meaning not all digital asset ETPs will immediately qualify under the new framework.

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Arm Stock: $210 Target & AI Chip Expansion Potential

While Nvidia continues to dominate headlines with its staggering $4.32 trillion valuation, analysts are turning attention to Arm Holdings as a potential high-growth semiconductor alternative. BNP Paribas has set a street-high $210 price target on Arm stock, representing over 36% upside potential from current levels. The British chip designer’s strategic expansion into in-house semiconductor development, including its new Lumex platform and C1/G1 processor lines, could be the catalyst needed for a major breakout after a year and a half of choppy consolidation.

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REX Shares Launches First DOGE & XRP ETFs in US

REX Shares has announced the launch of groundbreaking Dogecoin and XRP ETFs, set to debut on September 18. These would be the first US exchange-traded products offering direct exposure to these popular cryptocurrencies. The move signals a significant expansion of crypto investment vehicles for both retail and institutional investors, potentially driving increased demand and price appreciation for both digital assets.

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Archer Aviation: Beyond eVTOL Pilot Program to Long-Term Gains

Archer Aviation’s stock gained 4.2% on Monday amid excitement about the White House’s eVTOL Integration Pilot Program, but the real investment case lies beyond this short-term catalyst. With FAA certification 75% complete, $2 billion in liquidity, and imminent commercial launches, ACHR represents a compelling long-term opportunity in the emerging $1 trillion urban air mobility market.

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