XRP Spikes on SEC ETF Filings As ChowWow Passes $181k
The post XRP Spikes on SEC ETF Filings as ChowWow Passes $181k appeared first on Coinpedia Fintech News
The chances of an XRP ETF approval in 2025 have increased significantly as reports show that the US Security and Exchange Commission (SEC) has begun reviewing submitted ETF filings from certain crypto asset management firms. The development marks the start of a potential turning point for the XRP cryptocurrency in the market.
Meanwhile, the ChowWow presale cryptocurrency ICO funding has reached a milestone of $181,000 due to the high purchasing volume in the market. This underscores the influx of investors who identify the ChowWow token as the next meme coin set for 100x rallies in the coming weeks.
Increased Probability for XRP ETF as SEC Posts Proposal to Federal Register
The XRP token has recorded a significant increase in institutional interest over the past months, with multiple crypto asset management firms filing for ETF approval from the SEC. In the latest development, Cointelegraph reports that one of the ETF filings by Grayscale has been posted to the Federal Register.
This means that the official review has started and the SEC will reach its conclusion on approval within 21 days after the publication of the filing in the Federal Register. In the same vein, WisdomTree, another crypto asset management company, has recently had its XRP ETF filing acknowledged by the SEC.
All these point toward an increasingly bullish sentiment of XRP among corporate institutions. With the chances of XRP ETF approval increasing to 80% on Polymarket, the crypto asset is likely to be the latest token to be approved by the SEC after Bitcoin and Ethereum. This could further increase the overall value and market adoption of XRP in the near future. As such, the XRP price might be heading to $10 in 2025.
ChowWow Hits Milestone as Presale Momentum Grows
The ChowWow meme coin project is having a high-flying presale campaign as thousands of investors join the gem project. The latest presale report reveals that ChowWow has raised $181,000 so far in its presale, a testament to the token’s clear use cases, massive growth potential, and increasing market adoption.
For context, ChowWow is a dog-themed meme coin project inspired by the Chinese Chow Chow dog breed. Built on the Solana blockchain, ChowWow’s ecosystem is driven by its multiple use cases, which include the play-to-earn feature where members are rewarded with prizes that can be converted to real-world value. Also, the stake-to-earn feature will generate an APY of up to 15% for investors who stake their $CHOW tokens.
ChowWow represents a revolutionary upgrade from meme coins with zero utility to meme coins that harbor real-world value. That is why the project is on course to break into the top 200 crypto assets in the industry within 2025. Meanwhile, the ChowWow token is primed to generate up to 260% within its presale phase, rewarding early investors with significant ROIs before launch.
Sold for just $0.01, ChowWow represents one of the best crypto assets to invest in 2025. Investing in the project now positions one to ride the potential exponential growth in the coming weeks. Investors can take advantage of the ongoing bonus offer, which gives them over 5% discount on $250 token purchases and above to accumulate the CHOW token. As it is well known, early investment in top cryptos like CHOW is where significant gains are made.
Top Crypto Assets to Invest in 2025
The XRP token and ChowWow represent some of the top-rated crypto investment options. Given XRP’s continued ETF progress from multiple asset management firms, the future looks bullish. Similarly, ChowWow exponential growth potential and utility offerings put it ahead of its meme coin peers in the crypto industry. Overall, ChowWow’s low entry advantage and bigger percentage growth potential make it one of the best altcoins to invest in 2025.
Visit ChowWow Presale
Bitcoin Faces Key Resistance at $91.2K, Pullback Levels in Focus
Aksel Kibar, CMT shows Bitcoin crucial resistance at $91.2K. A potential pullback could extend to the year-long average and the former resistance at $73.7K. A weekly close below $91.2K would confirm a breakdown, signaling a deeper correction.
Bitcoin has shown a structured pattern of consolidations, breakouts, and retracements. A prolonged accumulation phase between $25K and $28K formed a six-month rectangle pattern. The breakout from this range triggered a sharp rally, hitting a rectangle price target of $38K.
Head and Shoulders (H&S) pattern emerged with a possible target of $34K. Once Bitcoin broke these levels, the trend became bullish. The price rose above $73.7K, a breakdown point of high importance. Bitcoin continued to rise and touched a high of $109K before going into consolidation.
The market later retraced to $91.2K, testing previous breakout levels. With firm support at $75,602, Bitcoin is currently trading at $88,118 . Long-term strength is reinforced by the upward trend of moving averages. However, as the market tests important levels, there is still a chance of short-term pullbacks.
The breakout from the six-month rectangle pattern confirmed an accumulation phase. Consequently, Bitcoin’s uptrend gained strength, breaking past significant resistance zones. Previous resistance levels turned into support, forming a well-defined market structure.
The $73.7K Before becoming support, this level was a barrier. The decline may reach $73.7K if Bitcoin is unable to maintain its position above $91.2K.
Additionally, Bitcoin’s steady rise between 2023 and 2024 aligned with technical patterns. Consolidation phases within the uptrend signified temporary pauses before further gains. Moreover, moving averages support the long-term bullish trend .
However, market participants should watch for a confirmed breakdown below $91.2K. A close beneath this level on a weekly timeframe could indicate a larger correction. Consequently, traders should monitor Bitcoin’s reaction around these key levels.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Top Altcoins to Buy Under $1: Why VRA Token Stands Out
The crypto space is buzzing with hidden gems like SAND, VRA, GALA and Celestia powering gaming, ad tech, and blockchain innovation.
Current price: $0.2877
Market cap:$710.61M
The Sandbox, a blockchain-driven virtual world, thrives with its SAND token system. Players craft, trade, and own digital assets using NFTs and DAO governance. Experts note its push to bring blockchain into mainstream gaming draws a growing community.
Current price: $15.35
Market cap:$85.81M
Illuvium, built on Ethereum , blends open-world exploration with fantasy battles. Players capture and train Illuvials, using ILV tokens for rewards and governance. The game, developed since 2020 by a global team, targets both casual and DeFi enthusiasts.
Current price: $0.002022
Market cap:$19.85M
Verasity fights advertising fraud while rewarding users for watching videos with VRA tokens. Its ecosystem, backed by AI and blockchain, includes VeraViews and payment tools like VeraWallet. Analysts highlight its 15% staking yields as a draw through April 2024.
Current price: $0.01845
Market cap:$682.93M
GalaChain bridges assets to Ethereum and Binance Smart Chain, broadening its reach. Operators of its Founder’s Nodes earn daily $GALA and voting rights. Meanwhile, The Sandbox and Illuvium tap into gaming, and Verasity reshapes digital ads.
Current price: $3.22
Market cap:$1.74B
Celestia approach lets builders define their own rules for transaction processing and settlement. Consequently, new blockchains can tap into Celestia’s validator network for instant security. This flexibility sparks experimentation, enabling developers to create specialized or multipurpose chains without external approval.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Bitcoin Falls Below $90,000: How Far Will It Drop? – February 25, 2025 Analysis
After a consolidation around $96,500, bitcoin faced selling pressure, bringing its price back to the support level of $89,000. Check out Elyfe’s analysis to decode the technical outlook for BTC.
After attempting a rebound from $91,350, the bitcoin consolidated between $93,450 and $99,150. Unfortunately, this zone was broken from below, confirming the hypothesis made in the February 19, 2025 analysis . Indeed, bitcoin dropped about 10%. It fell below the first monthly pivot support to reach the support zone identified around $89,000, which is below the lower part of the range initiated since the end of 2024.
At the time of writing, bitcoin is trading around $88,000. It reached $86,900, its lowest level since the new ATH of bitcoin. The cryptocurrency is now clearly below a significant value area, under the annual VWAP and its 50-day moving average, indicating a clearly bearish short-term trend.
Although the long-term trend remains bullish, the medium-term trend is now neutral and could confirm a reversal as the decline accelerates.
Unsurprisingly, the bullish momentum of bitcoin has been revised downward. This is reflected both in its price and in its oscillators, which have reached new lows.
The current technical analysis has been conducted in collaboration with Elyfe , investor and popularizer in the cryptocurrency market.
In recent weeks, we have observed a simultaneous stabilization of open interest and the underlying price, signaling a phase of market consolidation. However, the bearish recovery of BTC has led to a decrease in open interest, suggesting a gradual exit from positions on BTC/USDT perpetual contracts.
Unfortunately, the decline in CVD has accelerated again, reflecting a predominance of sell orders in the current market. This momentum suggests a resurgence of seller aggressiveness, illustrating significant selling intent from investors.
The drop in bitcoin has led to the largest liquidations of long positions since the beginning of 2025, with nearly $331 million liquidated in just two days. This wave of liquidations reflects strong selling pressure and increased volatility in the market, weakening buying strength. Nevertheless, the funding rate for BTC/USDT contracts remains slightly positive, indicating resilience from buyers despite the selling pressure.
The heatmap of perpetual BTC/USDT contract liquidations reveals that bitcoin has reached a major liquidation zone, identified around $88,000. Some buying interest seems to have emerged, as evidenced by the sudden rebound in price upon contacting this level.
Currently, the key liquidation zones are located on either side of the current price.
These thresholds represent major inflection points for the market. An approach to the price towards these levels could trigger massive orders, thus playing a key role in the upcoming movements, depending on supply and demand dynamics.
Bitcoin shows signs of weakness with persistent selling pressure. Its bullish momentum is fading, giving way to a phase of uncertainty where buyers are struggling to regain control. As long as key levels are not reclaimed, the risk of further decline remains. In this context, it will be essential to closely monitor price reactions at strategic levels to confirm or adjust current forecasts.
Finally, let us remind you that these analyses are based solely on technical criteria, and the price of cryptocurrencies can evolve rapidly depending on other more fundamental factors.
Did you find this study interesting? Check out our latest XRP analysis .
Ethereum in Trouble? The Pectra Update Faces Major Challenges!
The Ethereum blockchain, often seen as a driver of innovation in the crypto world, has recently faced a serious setback during the deployment of the Pectra upgrade. While this update was supposed to mark a major advancement for the network, a bug on the Holesky testnet has cast doubt. This incident raises questions not only about the technical challenges Ethereum faces but also about the crucial importance of testnets in the crypto ecosystem.
On Monday afternoon, at 4:55 PM Eastern Time, the Pectra upgrade was activated on Holesky, the Ethereum testnet.
But things quickly went awry. The network did not reach finality, a key concept ensuring the irreversibility of transactions after about 13 minutes.
Without this finality, transactions remain pending, thus threatening the stability and security of the network.
According to data from Beacon Chain , an open-source blockchain explorer, several blocks were missed, preventing the full validation of the network.
The alert was immediately raised in the ecosystem. Georgios Konstantopoulos , CTO of Paradigm, revealed on X that the issue stemmed from execution clients, which had not correctly integrated the deposit contract address. A critical error, leading to network instability.
Joshua Cheong, product lead at Mantle Network, clarified that the bug was related to poor management of deposit contract addresses, disrupting the hash verification essential for withdrawals and deposits. A technical hiccup that highlights the complexity of Ethereum’s development.
Pectra is not a mere minor update. It encompasses 11 major protocol improvements, including EIP-7702, proposed by Vitalik Buterin.
This EIP aims to allow wallets to temporarily function as smart contracts during transactions. An advancement that could facilitate features like batch operations or third-party gas fee coverage, thereby transforming the user experience on Ethereum.
But this incident comes at a critical time. Developers are under pressure to accelerate updates while maintaining network stability.
Konstantopoulos has criticized the slow pace of developments, stating that Ethereum could “move much faster” than its current rate of one annual update.
Among the most anticipated improvements is EIP-7251, which would raise the staking limit for validators from 32 to 2,048 ETH. A change that could redefine the network’s economy, making staking more flexible and inclusive.
But for now, these ambitions remain hindered by technical failures, like the one observed on Holesky.
The failure of Pectra on Holesky is a stark reminder of the inherent challenges of innovation in the crypto space. Testnets are there to detect and fix these bugs before the mainnet, but this incident underscores the importance of a methodical and rigorous approach.
For Ethereum, finding the right balance between speed and stability remains a constant challenge. And despite these upheavals, one question persists: can the price of ETH still exceed 3,000 dollars as the Bybit hack unsettles the market?