BTC and ETH fight while Cryptocurrency ETP outings reach the fifth consecutive week

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  • Bitcoin and Ethereum were negotiated at key levels in the middle of investment outputs in cryptocurrencies worth 1.7 billion dollars last week.
  • The negative flows have already spread to five consecutive weeks, with exits that last for 17 consecutive days.
  • BTC quoted just above $ 83K while ETH was around $ 1,900 at the time of writing this article.

The prices of Bitcoin and Ethereum continue to fight in the middle of a widespread market fall. On Monday, March 17, 2025, both BTC and ETH quoted just positively, with $ 83,417 and $ 1,907.

The two main digital assets for market capitalization rose 1.1% and 1.5%, respectively. The panorama reflects the cryptocurrency market in general, which has seen billions of lost dollars.

The massive settlements that have affected cryptocurrencies since BTC became negative, with a collapse below $ 100,000 and after the $ 90,000.

Digital assets register outings for fifth consecutive week

According to the last report On the performance of investment products in digital assets, the bearish pressure persists as capital outputs increase. James Butterfill, head of investigation of the Coinshares cryptoactive manager, reported that the market registered its fifth consecutive week of capital departures last week. Investors withdrew more than 1.7 billion dollars of products quoted in the stock market (ETP) of cryptocurrencies and other investment products during the week that ended on March 14. In total, the negative flows extended to a total of 6,400 million dollars in five weeks.

“This also marks the seventeenth consecutive day of exits, the longest negative streak since our records began in 2015,” said Butterfill.

Despite the pessimistic panorama, capital tickets so far this year are maintained in positive land, with 912 million dollars. However, what analysts observe is the sustained correction of prices. For many, this probably undergoes investors’ confidence, which is low after concern for tariffs and generalized nervousness in risk assets markets. This negativity has already drastically reduced total assets under management by 48,000 million dollars, to 133,000 million.

The first two for market capitalization lead the outputs

Bitcoin’s weekly exits reached 978 million dollars, raising their total five -week total to the amazing $ 5.4 billion. Interestingly, investors have also been liquidating short positions in Bitcoin. Last week, a total of 3.6 million dollars in short positions in BTC came out of bags quoted in the stock market and other digital asset products. In a comment on the future of BTC and other assets, QCP Capital analysts They pointed out :

BTC remains strong, but will macroeconomic difficulties be imposed? Are attentive to US retail sales data. They could mark the pattern for the next great movement.

The trend has also been down for Ethereum, both in market price and in assets under management (AUM) of investment products. Last week, worried investors withdrew $ 175 million of ETH products, which coincides with a 7.7% drop in seven days. Ether’s price has fallen more than 30% in the last month. In addition to ETH, Solana registered notable exits of $ 2.2 million. However, XRP challenged the trend with $ 1.8 million tickets.

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Avax, MNT and Bitcoin Pepe attract attention in the midst of market fall

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The cryptocurrency market is no stranger to volatility, already measure that prices fall, cunning investors and projects take the opportunity to make bold decisions. World Liberty Financial, a cryptocurrency project backed by Donald Trump’s family, redoubles his commitment to cryptocurrencies with new purchases.

Meanwhile, Bitcoin Pepea meme cryptocurrency with ambitious plans, is attracting the attention of the entire ecosystem.

These events occur at a time when the cryptocurrency market in general is experiencing a recession, which presents what some see as a golden opportunity.

World Liberty Financial expands its portfolio with Avalanche and Mantle

Although World Liberty Financial has significantly reduced its investments in various cryptocurrencies, it is redoubled its bets. The project acquired tokens Avalanche (Avax) and Mantle (MNT) for more than 4 million dollars. Specifically, WLFI acquired 103 911 tokens Avax and 2.45 million MNT tokens for 2 million dollars each.

These purchases are added to the already substantial WLFI portfolio, which totals about 340 million dollars invested in 11 different cryptocurrencies.

Despite the aggressiveness of World Liberty, it has currently lost more than 115 million dollars, and most of the portfolio underwater are unrealized losses of 88 million dollars in Ethereum (ETH).

However, WLFI’s decision to redouble his bets in Avax and MNT suggests confidence in these tokens as possible long -term coverage or winners.

Bitcoin Pepe: Solana on Bitcoin

While WLFI’s purchases indicate a calculated strategy, another project that is capturing attention is Bitcoin Pepe.

This memecoin combines the culture of memecoins with the iconic status of Bitcoin, enhanced by the speed of Solana. In short, Bitcoin Pepe is building Solana on Bitcoin. His presentation introduced the first and unique meme ico on Bitcoin.

BPEP’s presale, under the PEP-20 standard, has aroused the interest of investors. This is because Bitcoin Pepe has his eyes on a layer 2 on Bitcoin.

The interest of BTC investors remains mostly bullish despite the recent fall. This same perspective extends to BPEP, as operators prepare for the next great movement.

What follows Bitcoin Pepe?

The road map suggests listed on the main platforms, staking options and possible NFT integrations: characteristics designed to maintain expectation and participation.

In particular, memecoins thrive during market recoveries, so investors seeking an opportunity see the current fall as one that offers precisely that. It is likely that the perspective is the one that drives the wave of purchases of World Liberty, including the latest Avax and MNT tokens.

That means projects such as Bitcoin Pepe, still in presale, can offer excellent entry points. The buzz in the entire market for what could be the future of Bitcoin and Solana also causes investors to go to Bitcoin Pepe.

Historically, the memecoins take advantage of speculative fervor that often follows a bottom of the market, where risk tolerant operators look for the next viral token. Bitcoin Pepe so far has raised more than 5 million dollars of early investors.

Currently, joining the presale in stage 7 offers a purchase opportunity of $ 0.0281.

In the next stage, BPEP will rise to $ 0.0295 and continue with this price increase rate until it reaches the final stage.

Do you want to know more about Bitcoin Pepe? Visit the presale page.



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Ripple obtains the DFSA license in the United Arab Emirates

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  • Ripple has obtained an important license in the Middle East after receiving the regulatory approval of the Dubai Financial Services Authority (DFSA).
  • The license allows Ripple offering regulated payments and services within the Dubai International Financial Center (DIFC).

Ripple advertisement On March 13, 2025, obtaining an important license in the Middle East. The Dubai Financial Services Authority (DFSA) authorized Ripple to offer regulated cryptocurrency payments and services within the Dubai International Financial Center (DIFC).

Ripple becomes Blockchain’s first payment provider to obtain this crucial DFSA license.

Ripple obtains a license in the Middle East, a milestone

This approval of the DFSA marks another fingerprint in Ripple in the Middle East, adding to a presence that includes important alliances in the region. Improves the recognition of XRP creator and aligns with Ripple’s plans to expand its global client base. The license also represents a potentially huge opportunity for the adoption of XRP.

“We are entering an unprecedented growth period for the cryptocurrency industry, promoted by greater regulatory clarity worldwide and a growing institutional adoption,” said Brad Garlinghouse, executive director of Ripple.

“Thanks to their early leadership in the creation of an environment conducive to technological innovation and in cryptocurrencies, the EAUs are exceptionally well positioned to benefit.”

A 2024 Ripple survey revealed that 64% of financial leaders in the Middle East and Africa (MEA) consider that the fastest payments are the definitive application for Blockchain -based currencies. It is not surprising, then, that more than 82% of Mea’s financial directors claim to have “a lot or extremely confidence” in the integration of this technology in its operations.

“Dubai and the United Arab Emirates in general have established themselves as leaders in the promotion of a progressive and well -defined regulatory framework for digital assets,” said Reece Merrick, general director of Ripple for the Middle East and Africa.

Merrick added:

“Obtaining this DFSA license is an important milestone that will allow us to better meet the growing demand for faster, economic and transparent cross -border transactions in one of the world’s largest cross -border payment centers.”

This license will be very beneficial for the Ripple Rlusd stable currency, which the company launched at the end of last year. Like other stable currencies, RLUSD could boost the adoption of cryptocurrencies in the United Arab Emirates, allowing users to access real -time settlement of cross -border payments and remittances.



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Bitcoin Pepe’s presale approaches 5 million dollars while Bitcoin’s price recovers

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  • Bitcoin Pepe’s presale approaches 5 million dollars while Bitcoin (BTC) reaches 85 263 dollars.
  • The whales are buying BTC in mass, which increases the confidence in the L2 vision of Pepe.
  • The current price of Bitcoin Pepe presale of $ 0.0281 offers an excellent entry point before the second quarter of the second quarter.

As the price of Bitcoin rebukes, reaching an intradic maximum of 85 263.29 dollars in Coinmarketcap and recovering its 200 -day mobile average, the cryptocurrency market overflows with energy. In the midst of this rebound, Bitcoin Pepea pioneer layer 2 that develops a scalability similar to that of Solana in Bitcoin, is close to a presale collection of $ 4.9 million.

With the viralization of the only ICO Memecoin de Bitcoin in the world, investors expect great bullish potential as BTC recover impulse and whales accumulate during the fall.

Bitcoin’s rebound drives the impulse of memecoins

The Bitcoin increase to 85 263.29 dollars, 4.9 % more in just 24 hours, reflects a greater appetite due to the risk that extends both to the cryptocurrency market and the traditional. The S&P 500 and the Nasdaq rose 1.7 % and 2.3 %, respectively, indicating the return of investor confidence.

This context is especially timely for Bitcoin Pepe, now in stage 7 of its 30 -stage presale. With a price of 0.0281 dollars, each stage is an increase of 5 %, offering the first users, such as those of stage 1, a gain of 33.8 %, a wink to the beginnings of Solana, when it was fired from 0.22 dollars in 2020.

While short -term BTC holders sell by panic with losses, Bitcoin Pepe’s vision of Unite Memecoins on the safe base of BTC is having a great impact.

Intelligent audited contracts of the project and The doxeado team They contribute credibility to their bold statement to transform bitcoin into the future home of Memecoins trading.

With the whales monopoando BTC during this fall, as the Quinten Francois trader pointed out in X, the great actors in the market seem to share an upward perspective.

In the midst of this accumulation of whales, the Bitcoin Pepe PEP-20 standard token promises to boost a boom in the creation of tokens in BTC, as did the ETHERUM ERC-20, positioning it to capture the 2 billion dollars of inactive capital of BTC, ready to flood the memecoins fever.

The urgency of presale grows with market changes

With 4879 100 of dollars collected and adding, the presale of Bitcoin Pepe intensifies as its price is approaching in the second quarter of 2025. The current price of stage 7 of 0.0281 dollars jumps at 0.0295 dollars in stage 8, and cunning investors are rushed to ensure earnings before the next increase.

This urgency is aligned with market trends: analyst Bob Loukas predicts that Bitcoin (BTC) and the actions have “more growth margin” after bouncing from overall levels.

For Bitcoin Pepe, this could mean a perfect storm: a BTC strengthened with a layer 2 list to offer transactions at the solar speed and ultra -abuse commissions.

Staking rehasms of the project even more sweep the offer, offering the holders passive income with APYS of up to 10,000 % for long -term funds, combining the safety of boomers with zoomers profits.

As Bitcoin reaffirms his domain, Bitcoin Pepe’s mission to integrate the next billion users through intuitive and memes -based experience becomes more attainable. The investors that come together now, before the contributions in Dex and CEX of the second quarter, bet on a future where BTC is not only digital gold, but the epicenter of the chaos of the meme coins. For more information, visit The official Bitcoin Pepe website.



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Bitcoin Pepe price perspectives: Will BPEP explode in the middle of the BTC rebound?

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The Posts of the price of Bitcoin Pepe: Will BPEP explode in the middle of the BTC rebound? Appeared First on coinjournal.

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Bitcoin Pepe price perspective: BPEP will explode in the middle of the BTC rebound?

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The cryptocurrency market continues with difficulties after a mass sale in recent days. However, while investors seek opportunities, several cryptocurrencies, including Bitcoin Pepe (BPEP), They could reflect the planned bitcoin rebound (BTC).

With BTC resisting in support levels and showing signs of a bullish turn, could this presage similar prices predictions for BPEP?

Analysts on market prospects

According to QCP Capital, the sales wave of shares and cryptocurrencies has occurred as post -election optimism vanishes and the bearish feeling reaches its maximum point in the face of concern about tariffs and fear of a recession. However, despite the market reaction, with the S&P 500 and the Nasdaq collapsing 2.7 % and 3.8 %, respectively, and Bitcoin falling below $ 80,000, analysts predict a possible rebound.

“Not all signals are bassists,” QCP wrote in a note on Tuesday.

The fall of approximately 60 basic points in the yields of the 10 -year treasure bonds and the weakening of the US dollar are factors that historically have supported the variable rent and the American cryptocurrencies.

“The markets are at a turning point,” said the digital asset platform. “Some see this as a restructuring before a rebound, while others fear deeper cracks in American exceptionalism.”

Bitcoin price prediction

Crypto Tony, an analyst with more than 500,000 followers in X, predicts the possibility of a rebound before the market experiences a final fall.

“After a great movement, or what we have seen as a great fall, the market will need liquidity to continue the movement. This is where we see a movement against the tendency that gravitates towards the liquidity block. This is what I think we are seeing now. A counter -registration before the final fall ”, public.

This means a rebound for Bitcoin, with a setback that probably aligns with the forecast of Arthur Hayes of a new bold test of 75,000 dollars or less.

Michael Van de Poppe states that the price of Bitcoin could test maximum of 92,000 dollars in the short term if the bullies exceed the range of 82,500-83 500 dollars.

In general, experts say that the environment pro-described in the US and other catalysts could boost the price of Bitcoin above its $ 109,000 peak in the coming months. The objectives of 120,000-200,000 dollars for 2025 are still on the table.

Bitcoin Pepe price prediction

Bitcoin Pepe (BPEP), nicknamed “The only ICO Memecoin de Bitcoin in the world”, is gaining ground as the presale reactions more than 4.5 million dollars.

According to its official website, Bitcoin Pepe is in the sixth stage of its presale and is in full, with investors by aggressively. With a developing layer 2 solution to integrate Bitcoin with a touch of meme style, analysts are optimistic about the potential performance of the native token.

The key is the intrigue that Bitcoin Pepe has generated in the market after the explosion of the prices of Bitcoin and Solana in 2024. The positive regulatory perspectives for memecoins and optimistic predictions for Bitcoin indicate that the enthusiasm for Sun in BPEP could shoot its price after the presale.

Currently, the price of Bitcoin Pepe is around $ 0.0268 and will reach $ 0.0281 in the next stage. BPEP will continue to rise during the remaining stages of presale, with an increase of 5 % in each. The unrealized accumulated profits could reach 300 % for the first buyers, while the parabolic rise of BTC and the Bitcoin Pepe debut on the exchange platforms will involve a great impulse for BPEP.

For more information about Bitcoin Pepe, visit the Official website.

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Bitcoin Pepe Momentum Gains Steam As Crypto Market Crashes

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American inflation decreased in February for the first time in four months, which has driven the long -awaited recovery of cryptocurrencies. Even so, most cryptocurrencies, including the main ones such as Bitcoin, remain under sales pressure due to tariff nervousness. The enthusiasm around Memecoins has also decreased in recent months, and several have registered two -digit losses.

However, revolutionary projects such as Bitcoin Pepe They continue to capture the attention of cunning investors around the world. Less than a month after the launch of its presale, the cryptocurrency has exhausted its five initial stages, meanwhile memecoins lovers such as Bitcoin enthusiasts rush to accumulate tokens BPP at an affordable price.

Pepe prepares for a break while inflation data promotes the recovery of cryptocurrencies

Since the beginning of December 2024, when it reached its historical maximum, Pepe has collapsed approximately 74 %. In fact, this is not an isolated case, since some of the main meme cryptocurrencies such as Dogecoin, Shiba Inu and Popcat have also recorded two -digit losses during the same period.

A look at Pepe’s daily price chart indicates that cryptocurrency could achieve a bullish breakdown in the next few days or weeks. At the beginning of the week, the meme cryptocurrency reached its lowest level in more than a year, at 0.000005228 dollars, while the fall continued to ballast cryptocurrencies. Since then, it has bounced to 0.000007130 dollars at the time of writing this article.

While still quotes below the EMA of 25 and 50 days, its RSI indicator points to the rise. In addition, the encouraging US data from the USA. UU. Published on Wednesday have contributed to the observed recovery of cryptocurrencies.

According to the Labor Department, the country’s inflation has been moderated for the first time in four months, slowing down beyond what was expected in February. The general CPI dropped from 3 % to 2.8 %, while underlying inflation fell from 3.3 % to 3.2 %.

In the short term, it is convenient to be attentive to the range between the support of 0.000005580 and the resistance level of 0.000009246 dollars. It should be noted that the cryptocurrency could find some resistance in the exponential (EMA) mobile average of 25 days, at 0.000007890 dollars, before accumulating sufficient bullish impulse to continue replenishing.

Pepe Price
Pepe Price

Bitcoin Pepe’s potential to maintain its growth impulse

The enthusiasm around Memecoins has calmed down in recent months, while Bitcoin’s season continues. Even so, cunning investors are still looking for revolutionary projects with enormous growth potential. In fact, it is the singularity and potential of Bitcoin Pepe that has attracted a large number of investors in such a short time.

In less than a month, the project has already sold its five initial stages and has raised more than 4.6 million dollars. As its impulse grows constantly, Bitcoin Pepe has established itself as one of the ICOs that will sweep in 2025.

His vision of building Solana on Bitcoin is considered the key to the network, and investors rush BPP tokens at an affordable price. Its layer 2 solution creates an ideal platform for memecoins trading that guarantees speed and safety. In addition, its price model favors long -term holders and the first users. In the current stage 6, the initial investors have already obtained profits of 27.6 %. At the end of the 30 stages, its capital investment will have generated accumulated gains of 311.4 %. Therefore, this is the right time for smart investors to go to the train of this highly profitable strategy. Hurry and buy Bitcoin Pepe here.

The change in the feeling of the market will offer you to the price of Bitcoin another opportunity to test a key zone again

The fear and greed index of cryptocurrencies still reflects fear, since the selling pressure continues to mold the sector. However, Bitcoin’s price It seems to be playing bottom as the market reacts to positive US inflation data.

A look at your daily chart indicates that cryptocurrency still quotes below the EMA of 25 and 50 days, a sign that it is not yet out of danger.

In the short term, it is worth observing the range between the support zone of 80 525 dollars and the EMA of 25 days in 88 096 dollars. A change in the feeling of the market could lead to bullies to break that resistance to have the opportunity to bounce over the crucial zone of $ 90,000. More specifically, the objective will be in the EMA of 50 days in 91,498 dollars.

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BTC Could arises to $ 85k as bitcoin pepe’s presal eyes $ 5m

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Key conclusions

  • Bitcoin could rise to the $ 85K level after sweeping the $ 78K liquidity zone.
  • Bitcoin Pepe’s presale has exceeded 4.5 million dollars and stage seven is almost finished.

BTC points to the $ 85,000 region

The cryptocurrency market has been bearish in recent days, with Bitcoin around $ 80,000. The main cryptocurrency of the world for market capitalization fell to the area of ​​the $ 79,000 on Thursday, capturing liquidity and could reach $ 85,000 in the next hours or days. At the close of this edition, the Bitcoin price It is at $ 81,909 and could rise even more if the bulls take control of the market.

What is Bitcoin Pepe?

The bearish situation of the market has not affected A Bitcoin Pepe since his presale approaches a new milestone. This exciting project began its presale a month ago and has raised more than 4.5 million dollars of investors. Bitcoin Pepe seeks to revolutionize the Bitcoin ecosystem taking advantage of the liquidity and safety of Bitcoin’s blockchain. It will use Bitcoin’s position in the market to introduce memecoins into its ecosystem. The equipment is currently building a layer 2 in the Bitcoin blockchain. This layer 2 will specialize in the memecoins trade and other defi activities. This will allow Bitcoin Pepe to become the home of Memecoin’s activities within the Bitcoin ecosystem. This will help you boost decentralized finances (defi) and the trade of memes on BTC. Bitcoin Pepe is also the first initial offer of currencies (ICO) of memes in the Bitcoin blockchain, which makes it the perfect fusion between the security of BTC and the unstoppable force of the memecoins.

Bitcoin Pepe’s presale exceeds 4.5 million dollars

The presale Bitcoin Pepe It is running out quickly, with investors who have invested $ 4,686,963 in the project during the last four weeks. Currently in its seventh stage, the presale will go to the next after raising $ 5.67 million. $ BPEP, Bitcoin Pepe’s native token is available for investors through the Bitcoin Pepe website. It can be purchased with several cryptocurrencies, such as ETH, USDT, USDC, BNB and Sun. In this sixth presale stage, $ BPE is worth $ 0.0281 and will increase to $ 0.0295 in the eighth stage.

How will Bitcoin Pepe affect the Bitcoin block chain?

Bitcoin Pepe launches an L2 that could revolutionize the interaction of users with the Bitcoin blockchain. This L2 will introduce the defi and the memecoins trade in Bitcoin, which could improve the usefulness of the network, allowing it to compete with blockchains of intelligent contracts such as Ethereum and Solana. In addition, the network will allow developers to launch Memecoins in the Bitcoin blockchain easily. The Memecoins will boost the Bitcoin blockchain to become the home of a high -octane memes experience. He project Bitcoin Pepe He works to release Bitcoin’s latent market capitalization, making it available to Memecoins trade. The network will provide the necessary infrastructure so that all memes migrate to BTC, guaranteeing safety and liquidity for investors and users.

Should you buy the token $ BPP today?

The token $ BPEP will exclusively boost the activities within the ecosystem Bitcoin Pepe . With the appropriate adoption level, $ BPEP could be one of the best in the cryptocurrency market. The presale will enter its eighth stage in the next few hours or days, and the token $ BPEP is expected to reach $ 0.0295. Thanks to the promising utility of its L2 network, this presale could be the perfect opportunity for investors to anticipate and buy discount tokens.

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The price of Pi Network increases 20% in 24 hours: why does Pi increase?

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  • Pi Network (PI) has risen 20% in the last 24 hours, reaching maximum $ 1.74.
  • While the PI price remains 44% below its $ 2.99 peak, buyers can boost the token up.
  • Potential catalysts that could catapult Pi include the next day and the possible inclusion in Binance.

The price of Pi Network (PI) has risen more than 20% in the last 24 hours, reaching intradic maximums of $ 1.74. Despite the increase, PI remains 44% below its maximum of February 2,99.

But why is the price of the Altcoin triggered? Could the bullies continue to go up?

Why does the price of Pi Network upload today?

The PI price shot from minimums of $ 0.61 on February 20 until reaching its historical maximum of $ 2.99 on February 26. Although the sellers took advantage of a generalized market fall, the native token of the cryptocurrency social network has remained firm.

The Altcoin seeks to generate bullish impulse after retreating from the maximum intradic. Currently, PI is firm after bouncing from $ 1.61.

The currency quotes around $ 1.67 at the time of writing this article. These positive movements are produced before Expected Pi Day, scheduled for March 14.

The day of Pi has a great weight for the project. Users must transfer their PI coins extracted in the test network to the main network before 8:00 AMTC of March 14, the final deadline after an extended grace period.

This date also marks six years since the launch of Pi Network. Migration generates enthusiasm, but KYC verification problems slow down some users. Technical failures leave many stuck, unable to transfer their coins.

Is the inclusion of Binance a factor?

The price of Pi Network has remained bullish since last month.

The Binance survey on the inclusion or not of the Altcoin obtained 87% of votes in favor. If specified, PI will be incorporated into the Binance Spot Market.

Although the Exchange has not yet announced its next steps, it is speculated that PI will become the main cryptocurrency exchange by negotiation volume.

In the graphics, Pi shows fortress. It is above the support of $ 1.60 in the middle of an increasing negotiation volume.

Although the resistance is coming in the region of $ 1.75 and $ 2.00, buyers could take advantage of the impulse of Pi Day to search for new demand recharge areas above $ 2 and towards the historical maximum.



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CBOE presents the 19B-4 application to include the Solana ETF proposed by Franklin Templeton

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  • CBOE has submitted the application to quote Franklin Templeton’s ETF Solana
  • The ETF Franklin Templon Solana aims to follow the sun’s price
  • Solana (Sol) reached $ 129.60 after the presentation, but fell to $ 123.71 amid a broader fall in cryptocurrencies.

The BZX CBOE Stock Exchange has submitted the 19B-4 application before the US stock and securities commission.

Proposed by Franklin Templeton, the application It was presented on Wednesday, March 12, 2025. It should be noted that Franklin Templeton, a global investment giant that manages more than 1.5 billion dollars in assets, presented its initial proposal For the ETF less than a week ago, which reflects the growing interest in cryptocurrency -based funds among traditional financial institutions.

The proposed ETF of Franklin Templeton Solana

The ETF Solana proposed by Franklin Templeton seeks to replicate the spot price of sun, the native cryptocurrency of a blockchain known for its high -speed transactions and its popularity among the developers of MEME coins.

Franklin Templeton’s incursion in Solana occurs after a competitive wave of similar applications of companies such as Grayscale Investments, Canary Capital, Bitwise, 21Shares and Vaneck, all of them interested in launching ETFs Solana Spot. The SEC has already opened periods of public consultation for several of these proposals, indicating a cautious but active evaluation process.

The impulse of Funds Solana highlights a change beyond Bitcoin and Ethereum, which have dominated the ETF market with almost 100,000 million dollars and 2.5 billion dollars in assets, respectively.

The ETFS of Ethereum Spot, although less explosive than their Bitcoin counterparts, have attracted important tickets since its launch eight months ago, setting a precedent for Altcoins funds such as Solana.

Unlike direct cryptocurrency property, ETFs offer a family investment vehicle for institutional and retail investors, which could boost a broader adoption.

The SEC has 240 days to review the presentation

The CBOE application begins a 240 -day review period during which the SEC must decide whether to approve or denied the application. This period places the decision by the end of 2025, possibly in line with a broader wave of Cryptocurrency ETF approvals.

The application underlines Solana’s growing attraction, despite the fact that its recent price is around $ 124 (below its historical maximum) amid a two -month drop in the cryptocurrency market.

It should be noted that this is not Franklin Templeton’s first foray into the world of cryptocurrencies. The firm began exploring digital assets in 2019 digitizing the actions of a money market fund in the Stellar blockchain, followed by a digital asset risk capital fund in 2021.

Bitcoin and Ethereum operates ETF, which demonstrates their growing experience in this sector. The proposed Solana ETF could further diversify Templeton’s offer, taking advantage of an avid market regulated to Altcoins.

Solana price reaction

Despite experiencing a slight rebound to an intradiary maximum of $ 129.60 after the presentation of the application of CBOE, Solana (Sol) retreated shortly after to $ 123.71 at the close of this edition, 39% less than in the last month.

The price of Solana remains well below its maximum of January, affected by the general collapse of cryptocurrencies and the decrease in enthusiasm around the meme coins based on their blockchain.

However, the presentation of the ETF of Solana suggests confidence in its long -term potential, especially as a scalable platform for decentralized applications. If approved, the ETFs of Solana could inject fresh capital and stability in the Solana ecosystem, reflecting the transforming effect that Bitcoin ETF had in that market.

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