Kategorie: Crypto Markets

Daily headlines and news about crypto markets.

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Bloomberg analysts: Litecoin ETF has a 90% chance of approval in 2025

  • Bloomberg analysts looked at ETFs focused on Litecoin, Solana, XRP, and Dogecoin
  • They believe a Dogecoin ETF has a 75% chance of being approved in 2025 followed by Solana at 70%, and XRP with 65%
  • Nasdaq filed two ETF 19b-4 forms for CoinShares with the SEC, seeking the approval of a Litecoin and XRP ETF

Bloomberg ETF analysts James Seyffart and Eric Balchunas believe that a Litecoin ETF has a 90% chance of being approved in 2025.

Taking to X, Seyffart said: “@EricBalchunas and I took a look at the filings for spot crypto ETFs. We’re putting out relatively high odds of approval across the board. Mainly focused on Litecoin, Solana, XRP, and Dogecoin for now.”

In a table, Seyffart notes that a Dogecoin ETF has a 75% chance of approval, a Solana ETF has a 70% chance, and an XRP ETF has a 65% approval rating.

Seyffart added that it’s unlikely the market will see an XRP ETF until the whole Ripple/XRP/SEC case is settled, finished, or has some sort of outcome.

“The SEC needs to untangle that mess,” he said.

Nasdaq files ETF forms

The news comes as Nasdaq filed two 19b-4 forms with the US Securities and Exchange Commission (SEC) on behalf of CoinShares for Litecoin and XRP exchange-traded funds (ETFs).

Nasdaq is seeking approval to list and trade a CoinShares Litecoin ETF and XRP ETF following CoinShares S-1 filings submission in January. Crypto ETFs have gained in popularity since the US spot Bitcoin ETFs launched last January.

CoinShares is hoping to take advantage of this by expanding its presence into the US market.

The news follows that of the Chicago Board Options Exchange (Cboe), which submitted four 19b-4 forms to the SEC last week. On behalf of  21Shares, Bitwise, Canary Capital, and WisdomTree, Cboe filed the forms for XRP ETFs.

In October, Bitwise filed an S-1 form for an XRP ETF with the SEC. Similarly, Canary Capital filed for an XRP ETF last year, reflecting its broader strategy to bring multiple crypto ETFs to the market.

A push for more crypto ETFs

With the launch of US spot Bitcoin and Ethereum ETFs, more are looking to capitalize on the introduction of other crypto ETFs into the market.

Back in October, Brad Garlinghouse, Ripple’s CEO, indicated that an XRP ETF was “inevitable.” At the time, he highlighted there was increased demand from both institutional and retail investors to gain exposure to digital assets.

To date, the total net inflow of Bitcoin ETFs is more than $40 billion since their approval, according to SoSoValue data.

Last July, Cboe filed two Solana ETFs with the SEC. The deadline for the SEC to provide a decision is expected next month.

Nasdaq also filed a 19b-4 form for a Litecoin ETF for Canary Capital in January. All of this is a broader push from several organizations keen to see different crypto ETFs in light of a favorable SEC following President Donald Trump’s inauguration last month.

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UK man looks to buy landfill site amid search for $784m lost Bitcoin

  • James Howells claims to have lost a hard drive with 8,000 BTC at a landfill site in 2013.
  • The man now wants to buy the landfill site as the search for the lost BTC worth over $784 million continues.

James Howells, the man who has been in search of his lost bitcoin worth over $784 million since 2013 is seeking to buy a landfill.

Howell claims to have mistakenly discarded a hard drive that contained 8,000 BTC and is seeking to buy the landfill site where he lost it in an attempt to recover his fortune.

The man filed a lawsuit in a bid to have the Newport Council dig up the landfill to try and find the lost bitcoin.  In over 10 years Newport Council has made no attempts to try to recover the discarded bitcoin.

The quest for lost BTC

James Howells reported that his fiance discarded the hard drive containing cryptocurrency estimated to have a market value of $784 million in the landfill site in 2013. In an attempt to get his crypto assets back, Howells wants to buy the landfill site.

BBC recently reported that Howells has approached various investors with a bid to potentially buy the whole landfill site.

Since 2013, Howells claims that Newport city council have disregarded his plea to be allowed to search for his fortune. The city council has announced plans to have the landfill site converted to a solar farm. They have since acquired planning permission to establish a solar power firm on the site.

Howells had filed a lawsuit against the council seeking legal grounds to hunt for the accidentally discarded bitcoin. In January, a high court judge made a ruling dismissing the case that required Newport council to forcefully allow Howells to search for his bitcoin.

During the hearing, Howells noted that Newport council claimed that granting him a search warrant would have detrimental effects on the people around Newport. Plans to close the landfill were also underway, and that would be soon.

After failed attempts to have the council retrieve the hard drive worth millions for him, Howells offered to buy the whole landfill.

“I have discussed this option recently with investment partners and it is very much on the table,” he said, according to the BBC.

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Strategy buys $742m more Bitcoin, brings holdings to 478,740 BTC

  • Strategy, formerly MicroStrategy, has announced the purchase of another 7,633 Bitcoin (BTC).
  • The company spent $742.4 million to bring its total investment to $31.1 billion and 478,740 BTC.

Strategy, formerly MicroStrategy, has added more than $742 million worth of Bitcoin (BTC) to its holdings.

The publicly-traded company’s founder and executive chairman Michael Saylor announced on Monday, Feb. 10 that Strategy had acquired 7,633 bitcoin. Strategy spent approximately $742.4 million to buy the new BTC haul, with each coin scooped at the average purchase price of $97,255 per bitcoin.

Strategy resumes BTC purchases

After a slight pause in its buying spree and undertaking a brand overhaul, the company is back to its super bullish ways. The 7,633 BTC brings Strategy’s total bitcoin holdings as of February 9, 2025 to 478,740 BTC.

The world’s largest corporate holder of Bitcoin has spent about $31.1 billion to stack the flagship digital asset, acquiring these at the average price of $65,033 per BTC.

Strategy has raised funds from share offerings, with the target being billions of dollars. Despite its fourth-quarter results showing a net loss of $3.03 per share, the company has doubled down on its investment and strategy.

Bitcoin rose to an all-time high above $109k on January 20, 2025, this coming as the crypto market celebrated Donald Trump’s inauguration.

While the price has struggled since and hovered below $98k on Feb. 10, analysts are bullish. Saylor’s prediction isthat BTC could hit the $13 million mark by 2045. Other forecasts have short term projections of $200k in 2025.

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BTC briefly touches $94k amid sentiment-driven dip

  • BTC fell below $95k as sellers intensified pressure.
  • As well as the sentiment, key events to watch out for this week include tariffs news, Fed chair Jerome Powells testimony and CPI data release.

Bitcoin (BTC) has witnessed notable downside pressure since recoiling from the all-time high reached in 2024 amid Trump’s victory in the US election.

The benchmark crypto asset has broken to year-to-date highs with bulls largely unfazed. However, the past few days have seen BTC struggle below the psychological $100k level.

BTC chart by CoinMarketCap

On Feb. 10, the price of BTC flipped negative to briefly touch lows of $94.7k. While it has bounced to above $97k at the time of writing, analysts at QCP Capital say the market is cautious.

What next for Bitcoin, altcoins

Notably, the dip that pushed Bitcoin price to lows of $94,745 appears to be more of sentiment-driven than a reflection of a fundamental shift in broader markets’ risk appetite. QCP analysts opine that volatility will remain skewed toward puts for the next couple months.

Among key things to watch out for is also Federal Reserve chair Jerome Powell’s testimony and the upcoming consumer price index data. Trump’s latest tariff move involving a 25% tariff on steel and aluminum could also fuel further uncertainty.

“A feedback loop is emerging—Trump watches the markets, and the markets test his resolve. Will this embolden him further or force a pivot?” the analysts noted, pointing to the issue of tariffs and the market reaction.

Despite the potential impact of a short term outlook, whales are strengthening to suggest long term confidence in Bitcoin performance.

According to crypto analyst and YouTuber ‘CryptoJack’, 14,000 BTC have moved on-chain to suggest whales may be making moves amid an expected bull market.

Bitcoin traded near $98k as of 11:30 am CET, with bulls likely to target $100k if positive vibes surge.

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Dogizen and Bittensor price prediction: Could DOGIZ outpace TAO?

The crypto market has failed to pick upside momentum after a tough start to the year for bulls. However, with price predictions for Bitcoin largely bullish, investors seeking other positions are looking at potential gems.

Apart from Bitcoin, Ethereum, Solana and XRP are the other top coins with major price predictions. Dogizen (DOGIZ), which goes live on exchanges this week after a successful presale stands out as one of these tokens.

In the AI space, the project attracting attention is Bittensor (TAO).

Here ‘s a brief price forecast for DOGIZ and TAO ahead of a key week for the projects.

Bittensor price prediction amid dTAO upgrade

Crypto AI project Bittensor (TAO) is among top performers in the market in the past week.

After the crash following DeepSeek AI news, TAO has picked a new pace and reached highs last seen in early Jan. Upside momentum towards the psychological $400 mark comes as the Bittensor community eyes the network’s biggest upgrade.

Bittensor’s dTAO upgrade, as recently unveiled via the Dynamic Bittensor whitepaper, goes live on Feb. 10. The TAO token has surged amid the anticipation, with massive accumulation hinting at a possible target of the all-time high reached in April.

The flip above $400 helped by the dTAO upgrade would offer control to the bulls. However, failure to break higher could bring support levels of $350 and $315 into play.

Dogizen set to list on exchanges

With crypto analysts bullish on the market, Dogizen has emerged as one of the top targets for enthusiasts. The project has raised over $4.5 million in its presale, having stormed the crypto space as the first-ever ICO on Telegram.

Dogizen, bidding for dominance in the Telegram game ecosystem, will launch its native token on layer 1 blockchain Sui. This milestone happens on February 10, 2025 when DOGIZ lists for trading on Cetus, the largest DEX on Sui.

Will DOGIZ price explode?

Notably, Dogizen isn’t the only player in the Telegram GameFi space.

However, the project has taken an approach that could see outpace the performance rival tap-to-earn tokens managed post-launch. This is because unlike Hamster Kombat, Notcoin or Catizen that sailed to new highs with mega airdrops, Dogizen is banking on the hodler nature of presale buyers.

DOGIZ lands on exchanges at the low market cap of just $10 million, an aspect that means ample pathway to new highs. Notcoin for instance is at $300 million and Hamster Kombat at over $111 million.

With Dogizen likely to outperform NOT and HMSTR, a surge to $200 million or higher would mean DOGIZ price explosion.

Currently, DOGIZ price is at $0.000089, with under 24 hours to presale close. Buying now could thus be a great opportunity.

To find out more about Dogizen , visit the official website.

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