Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

When Could XRP, Solana, Dogecoin and Litecoin Spot ETFs Be Approved? Insider Source Provides Information

Approval of spot cryptocurrency exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission (SEC) is expected to be delayed until a new president is officially sworn in. While the agency has accepted several pending applications, analysts believe no approval will be given until the SEC`s leadership is finalized. Bloomberg Intelligence ETF analyst James Seyffart expressed skepticism about early approvals. “I would be very, very surprised if they approve any of these filings before Paul Atkins gets approved on the original deadlines,” Seyffart said. “We assume anything that can be delayed will be delayed until Atkins formally comes before the SEC.” A source familiar with the matter echoed that sentiment, saying early approval was unlikely despite the current administration showing a willingness to overturn precedents. “I would be surprised if it came, but you never know,” the source added. Related News: Another Giant Company Listed on Nasdaq Announces Bitcoin Purchase - Here is the Average Purchase Price The delay in decisions comes amid a leadership shakeup at the SEC. Former Chairman Gary Gensler resigned in January ahead of President Donald Trump’s inauguration, and Trump has since tapped former SEC Commissioner and current CEO of Patomak Global Partners Paul Atkins to lead the agency. No confirmation hearing has yet been scheduled for Atkins. Yesterday, the SEC postponed decisions on several altcoin ETFs, including those tied to XRP, Solana (SOL), Dogecoin (DOGE), and Litecoin (LTC). While the move was unexpected, it didn’t come as a shock to industry watchers, according to Seyffart. However, Seyffart and colleagues estimate that there is a 65% or higher probability of altcoin ETF approvals by the end of 2025. Decisions on some applications in May and June may have a better chance depending on the approval of the new SEC chair. *This is not investment advice. Continue Reading: When Could XRP, Solana, Dogecoin and Litecoin Spot ETFs Be Approved? Insider Source Provides Information CoinOtag

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How to Outperform the Market with Kaspa (KAS) and Mantle (MNT)

Discover strategies to potentially beat the market with two rising cryptos: Kaspa (KAS) and Mantle (MNT) . These digital currencies show promise and may offer significant returns. This article delves into their growth potential, providing insights that could help in making informed investment decisions. Explore how these cryptocurrencies might redefine the landscape. Kaspa Price Trajectory: 6-Month Bearish Trend and Key Support/Resistance Levels Kaspa dropped nearly 23% over the last month and plunged over 60% in the past six months. The ongoing losses highlight a consistent downward trend in trading sentiment during these periods. Price action indicates persistent weakness, with traders facing decreasing momentum and prolonged selling pressure contributing to market caution. Current trading sees Kaspa moving within a range of roughly $0.058 to $0.115, with immediate support at $0.04 and resistance around $0.15. Bearish indicators are evident, marked by a low RSI of 36.50 and negative momentum signals. Traders may consider short positions near these key levels until signs of a clear reversal appear. Mantle Market Insights and Resistance Zones Mantle experienced a sharp one-month decline of about 31% while showing a recovery over the last six months with an increase of over 25%. The coin has had a week-long drop of roughly 2.3%, indicating recent volatility. Price movements ranged between approximately 50 cents and $1.13, showcasing both significant setbacks and gradual gains over a longer period. Current trading levels reveal support around $0.27 and resistance near $1.55, with further resistance noted at about $2.20. Bears appear to be in control with negative momentum and a lower moving average. The RSI near 36 hints at an oversold setup. Trading strategies may involve carefully buying near support and selling near key resistance levels, although the trend remains unclear. Conclusion Both Kaspa (KAS) and Mantle (MNT) show strong potential for significant gains. Kaspa`s unique consensus mechanism offers advantages in speed and efficiency. Mantle focuses on improving transaction costs and processing times. Analyzing these projects reveals promising technology and strong use cases. Investors might consider these coins based on their individual merits and future growth. Careful research and monitoring of market trends can provide an edge. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice. CoinOtag