SEC Stalls Spot XRP And Dogecoin ETFs—No Fast-Track For Crypto Yet

Bitcoin just hit a record high, and now nearly every single coin in circulation is worth more than what its current owner originally paid for it—99.82% of them, to be exact. That’s a huge jump from just 74% back in early April when prices dipped. Even short-term holders, who got hit hard during that slump, are now seeing big gains. The surge seems tied to growing interest from big-money investors.

Editor’s Note: This isn’t just a win for Bitcoin traders—it’s a sign that institutional players (think hedge funds, big corporations) are diving in, which could mean more stability (or at least confidence) in the market. When almost everyone holding Bitcoin is in the green, it fuels optimism, but it also raises questions: How long can this last? And what happens if those big investors suddenly cash out? Either way, it’s a big moment for crypto.

The Nasdaq just took a big step into the crypto world by listing two new XRP-linked ETFs—XRPI and XRPT—signaling growing institutional interest in the digital asset. Trading activity around XRP futures is spiking as a result, suggesting traders are betting on the coin's future price movements. This move could give XRP more legitimacy in traditional finance circles.

Editor’s Note: ETFs are like a bridge between Wall Street and crypto, making it easier for big investors to get exposure without directly holding the asset. The fact that Nasdaq, a heavyweight in traditional finance, is embracing XRP-based products is a big deal—it suggests regulators and institutions might be warming up to Ripple's token after years of legal uncertainty. For everyday crypto fans, this could mean more stability (or at least more attention) for XRP’s price. But as always with crypto, buckle up—it could also mean wilder swings if institutional money starts piling in.

Raoul Pal, a well-known macro investor and CEO of Real Vision, is catching flak for his bold claim that NFTs are the "single best long-term store of wealth." His statement, shared on social media and quickly circulated, has reignited debates in the crypto community—especially since it comes amid his broader argument about currency devaluation and the rise of digital assets. Critics are skeptical, given NFTs' volatile history and niche appeal.

Editor’s Note: Pal’s take is controversial because NFTs, while culturally significant, have been plagued by boom-and-bust cycles and skepticism about their real-world utility as investments. His comment matters because it pits high-profile crypto optimism against practical concerns—highlighting the ongoing tension between hype and fundamentals in the digital asset space. If someone like Pal is doubling down, it could sway retail investors, but it also risks looking out of touch if the market doesn’t agree.

Bitcoin's price just smashed through a key resistance level and is now hitting fresh all-time highs, with no signs of stopping. Analysts point to a "golden cross" pattern—a bullish signal where short-term price averages cross above long-term ones—suggesting this rally might have serious legs. Traders are watching closely to see if the momentum holds.

Editor’s Note: For crypto investors, this isn't just another price bump—it's a potential confirmation that Bitcoin's upward trend is strengthening. The golden cross is a big deal in trading circles, often signaling longer-term bullish momentum. If this plays out, we could see even more institutional and retail money flowing into Bitcoin, shaping the market for months ahead.

The Nasdaq is up, Dogecoin (DOGE) is gaining, and Ethereum (ETH) is holding steady—so what does that mean for smaller, buzzier tokens like Pepe, Solaxy, and Wall Street Ponke (WPONKE)? Solaxy’s pitching itself as a Layer 2 solution for Solana, but critics say it’s solving problems that don’t really exist. Meanwhile, WPONKE’s raking in cash ($300k fast) by promising "real value," whatever that means. (Oh, and heads-up: this is sponsored content, so take it with a grain of salt.)

Editor’s Note: Crypto markets often move in herds—when big players like Nasdaq or ETH do well, smaller tokens ride the hype wave. But with so many projects (like Solaxy) claiming to fix things that aren’t broken, it’s worth asking who’s building real utility and who’s just cashing in on FOMO. WPONKE’s fundraising might signal investor appetite for meme coins with a twist, but sponsored content always begs the question: Is this news or an ad? Either way, it’s a snapshot of crypto’s chaotic, opportunistic energy.