Fading ETF Interest Puts Pressure on Dogecoin as Price Approaches Critical Cost-Basis Zone

XRP exchange-traded funds (ETFs) have surpassed $1 billion in assets, driven by a notable inflow of traditional investor capital, according to CF Benchmarks CEO Sui Chung. This surge reflects a growing acceptance of XRP among institutional investors, highlighting its appeal in the cryptocurrency market.

Dogecoin and Shiba Inu have been included in Coinbase's latest product expansion, which features US perpetual-style futures trading for various altcoins, marking a significant moment for meme coins in the regulated crypto derivatives market. This announcement was made via Coinbase's official channel on X, highlighting the platform's commitment to enhancing trading options for users.

Ethereum is currently experiencing significant selling pressure, with its price dropping to $2,933 after a 9% decline in just eight hours. This downturn has led to the liquidation of over $670 million in long positions, reflecting a broader market struggle characterized by fear and uncertainty. Analysts are increasingly predicting a prolonged bear market extending into 2026, as Ethereum remains below critical structural levels.

Synthetix has made its return to the Ethereum mainnet after a three-year absence, as announced by founder Kain Warwick. This move is expected to enhance the performance of the platform, which is now faster than ever.

XRP is currently experiencing price weakness as it approaches the end of 2025, with technical indicators signaling caution and liquidity decreasing ahead of the holiday season. Despite this, analysts are setting ambitious price targets, suggesting a potential for upward movement amid the prevailing bearish sentiment.

Solana has established itself as a significant player in the blockchain space, transcending its technical capabilities to become a foundational layer for economic infrastructure, facilitating a wide range of decentralized applications and real-time on-chain activities. This shift positions Solana as a fully functioning economy, as highlighted by crypto analyst Vibhu.

The U.S. Federal Reserve has revised its guidance on how banks can engage with cryptocurrency, allowing for greater participation in digital asset trading. This change reverses previous restrictions that limited the activities of uninsured state-chartered banks, enabling them to access core payment systems and Federal Reserve membership.

Altcoins experienced a significant decline as Bitcoin's attempt to test the $85,000 mark resulted in $550 million in liquidations, with Solana dropping below $120, marking its lowest price since April. Other cryptocurrencies like SUI, DOGE, and ADA also faced sharp declines during this period.