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New ETF Applications for Dogecoin and Solana, But This Trending Altcoin Dominates January Headlines

As Bitcoin and Ethereum ETFs have seen great success, experts are speculating about which altcoins might be next in line for approval. Amidst a rapid increase in institutional adoption of cryptocurrencies, the market is abuzz with activity. Many financial giants are submitting ETF applications to regulatory bodies, and Solana (SOL) and Dogecoin (DOGE) are currently among the most enticing options available. While there is plenty of talk about the next crypto ETF, Remittix (RTX) is making significant waves in the crypto payment space with its groundbreaking PayFi platform, which has the potential to transform the entire industry. Read on to find out more. Dogecoin Kicks Off The Week With Bearish Trends Dogecoin`s price recently declined due to increased selling pressure after it faced a strong rejection at the $0.42 resistance level. Following an 8% rise in a single day, Dogecoin now sits at the $0.32 support level, with nearly 13% losses over the past week. With about $3.7 billion worth of DOGE being traded on exchanges in the last 24 hours, Dogecoin`s trading volume surged by more than 160%, driven by a surge in short orders. Despite the current downturn, investors remain hopeful as Dogecoin continues to be a prominent player in the crypto market, especially as a potential meme coin ETF. Renowned analyst Ali Martinez predicts a massive 4,101% increase for Dogecoin if DOGE ETFs receive approval, potentially pushing its price to double digits. More cautious projections, in the meantime, are eyeing the $1 mark as the next significant milestone. Solana Falls Below $230 Before A Rebound Solana is experiencing significant volatility, continuing its downward trend from the weekend. Currently, Solana is trading at $233 after an 8.5% decrease in the last 24 hours. The token briefly touched $222, but buyers stepped in, punishing late shorters and driving the price back above $230. When it comes to the Solana ETF, uncertainty lingers as the SEC has rejected initial applications from VanEck and BitWise along with other fund managers. On the other hand, some analysts believe Solana ETFs might get the green light by the end of the year, especially with Donald Trump pushing for pro-crypto legislative changes and shifts in leadership. What`s Making Remittix The Talk Of The Town In January Remittix (RTX) is revolutionizing global payments, offering fast and affordable cross-border solutions. Cross-border payments, valued around $150 trillion in 2017, are anticipated to rise to $250 trillion by 2027. Remittix is capturing market share in this vast industry, providing a seamless and efficient solution for international transactions by merging blockchain`s power with traditional banking systems. With Remittix, users can quickly exchange over forty leading cryptocurrencies for fiat, which can then be instantly transferred to any bank account worldwide. What sets Remittix apart is its simplicity. Recipients, unaware that the transaction began as a cryptocurrency payment, receive a standard bank transfer. This innovative approach allows users to maintain complete control and flexibility over their finances. As a bridge between crypto and fiat, Remittix offers a superior alternative to traditional payment providers like Stripe and Wise, as well as crypto-only platforms like Coinbase Wallet. Remittix ensures accessibility and inclusivity for businesses and individuals by supporting over 50 crypto pairs and more than 30 fiat currencies, simplifying global commerce with its wide array of options. Thanks to Remittix`s Pay API, businesses can now accept bitcoin payments from clients and manage fiat transactions to a designated bank account. The platform`s transparent flat-fee model is also noteworthy, offering savings and clarity over the high costs and poor exchange rates of traditional banks. Remittix is a game-changer in the payments arena, where dubious practices are unfortunately common, as this method ensures that the full amount sent reaches the recipient. Priced at $0.0479 in its presale, the RTX token presents a strong investment opportunity. Projections indicate significant growth, with demand for innovative cross-border payment solutions driving a 25x multiplier during the presale phase and over 5,000% gains post-launch. Discover the future of PayFi with Remittix by checking out their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Bitzo

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BTC Steady Above $100K, Fed Maintains Interest Rates, ETF Filings Pile Up: Your Weekly Crypto Recap

It was another eventful week in the cryptocurrency space and it all began on Monday morning as a Chinese AI company splashed the waters. DeepSeek arrived at the scene with a bang, indicating that it can do everything ChatGPT does but is faster and cheaper, which put into question the need for highly powerful chips from giants like Nvidia. Aside from the market-wide crash in stocks, including NVDA’s double-digit dump, the news sent shockwaves across crypto as well. BTC stood around $105,000 ahead of the Monday morning Asian trading session but slumped in hours by several grand to a multi-week low of under $98,000. The altcoins followed suit, but this otherwise violent correction didn’t last long. By Tuesday morning, the asset had reclaimed the coveted $100,000 mark despite another brief slip below it. The markets calmed for the next few days or so in anticipation of the first FOMC meeting of the year and the first under Trump. Once that took place and it became known that the US central bank will not change the key interest rates, BTC headed south immediately by $1,500. However, it bounced off on Thursday and spiked to $106,500 where it faced another reaction. After another correction to $104,000 earlier today, bitcoin’s price movements have calmed, and the asset stands at around $105,000 as of press time. The weekly charts are predominantly in the red, with SOL emerging as the poorest performer within this timeframe. It’s down by 11% after last week’s all-time high amid the TRUMP token mania. DOGE, HBAR, SHIB, and XLM are also deep in the red, while OM has soared by nearly 50% since last Friday. Market Data Crypto Weekly. Source: QuantifyCrypto Market Cap: $3.744T | 24H Vol: $120B | BTC Dominance: 55.6% BTC: $104,830 (-0.85%) | ETH: $3,352 (-1.5% ) | XRP: $3.09 (-3%) This Week’s Crypto Headlines You Can’t Miss Nvidia Stock Crashed 17% as DeepSeek OpenSource AI Revolution Slaps Down US Stocks . The week started with some big AI news from China as DeepSeek emerged as a cheaper and simpler alternative to ChatGPT. This sent shockwaves across Wall Street and crypto, with BTC tumbling below $100,000 briefly and Nvidia’s stock crashing by double digits. CBOE Restarts US Solana ETF Race With Filings for 4 Asset Managers . The seemingly more favorable regulatory environment in the US toward the crypto industry has propelled many asset managers to submit filings for locally-based digital asset ETFs. Solana is among the leaders, as CBOE filed applications for SOL ETFs from four leading asset managers. Bitcoin Price Drops by $1K as US Federal Reserve Maintains Interest Rates . BTC’s aforementioned drop from $103,000 to $101,500 after the US Federal Reserve’s move to keep the interest rates as is was short-lived. Nevertheless, the uncertainty about the US economy, inflation state, and future Fed decisions remains with Trump at the helm. 5 Reasons to Be Bullish on Ethereum (ETH) Despite January Drop . ETH is among the most underwhelming performers during this bull cycle, with its price failing to come anywhere near its 2021 all-time high of over $4,800. However, Etherealize founder Vivek Raman outlined five reasons why investors should feel bullish on ETH, but the apparent lack of whale activity suggests otherwise, at least for the short term. Elon Musk-Led Tesla Reports Massive $600M Bitcoin Gain in Q4, 2024 . A new rule in the US reporting book that allows firms to adjust digital asset valuations quarterly based on market prices allowed Elon Musk’s Tesla to report a substantial $600 million paper profit on its BTC investment that was made nearly four years ago. Litecoin ETF One Step Closer to Approval: Will the SEC Finally Say Yes? Aside from SOL, the other larger-cap altcoins that have seen some movements on the ETF front include LTC and XRP . The former even surged by double digits this week as the US SEC officially recognized Canary Capital’s proposal for a Litecoin ETF and the review process has not begun. Charts This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Solana – click here for the complete price analysis. The post BTC Steady Above $100K, Fed Maintains Interest Rates, ETF Filings Pile Up: Your Weekly Crypto Recap appeared first on CryptoPotato . Bitzo