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The latest news regarding a crash in memecoins and the potential deflation of their speculative nature due to the SEC ruling marks a significant shift in the sentiment surrounding this segment of the cryptocurrency market. Memecoins, which typically thrive on hype and speculative interest, have seen their values plummet back to pre-mania levels, reflecting a severe retrenchment as investors reevaluate their positions amid regulatory scrutiny. In the context of previous news, the discussions surrounding Dogecoin (DOGE), BitLemons (BLEM), XRP, and other cryptocurrencies emphasize a broader trend where market participants are seeking stability in assets with more fundamental backing. For instance, the ongoing legal battles involving XRP have kept it in the spotlight, yet recent sentiment points to a potential splintering of interest among traders. As investors pivot from highly speculative assets (like memecoins) towards established cryptocurrencies such as BTC, ETH, and XRP, the overall market dynamics seem to be shifting. Moreover, experts have been commenting on the deterioration of ADA's (Cardano’s) and ETH's (Ethereum's) market performance due to increased competition and liquidity fragmentation. While news about BTC potentially being purchased for reserve by the U.S. government paints a bullish picture for Bitcoin, the speculative aspect of the market, particularly around memecoins, reveals an emerging bearish trend driven by regulatory considerations. The decline in memecoins could lead to a more cautious market approach. Many investors might now favor cryptocurrencies with perceived value or utility over those lacking substantial backing or real-world application. This could stabilize key assets, including BTC and ETH, at the expense of speculative assets. Hence, while major cryptocurrencies might experience reduced volatility and a steady growth trajectory, speculative assets weakened by regulatory pressures may continue to face challenges.

The latest news regarding the growing role of AI in cryptocurrency, particularly highlighted by the Stargate project launched in the US, is significant as it showcases an increasing intertwining of technological advancements with crypto. This trend reflects a broader strategy where governments and private sectors begin prioritizing technological innovation, particularly AI, to elevate their economic standing. With the U.S. government reportedly investing in AI and computer science within the cryptocurrency space, it raises the potential for enhanced efficiency, security, and analytical capabilities in blockchain operations. In previous news, there has been intense focus on individual cryptocurrencies such as Bitcoin (BTC), Ripple (XRP), and Solana (SOL). The Ripple community's calls for action against the SEC appeal signal increasing community activism and potential governmental support for the cryptocurrency industry. The enthusiasm among politicians, as evidenced by Trump's renewed focus on positioning the U.S. as a "Bitcoin superpower," implies a potentially bullish outlook for Bitcoin and possibly others. Additionally, the tokenization of assets and the institutional interest in cryptocurrency are on the rise, further indicating a shift towards integrating digital assets within conventional financial systems. Earlier reports of declining Bitcoin and Solana values due to market volatility highlight ongoing challenges; however, the recent news on AI could present new opportunities for those in the space to innovate and improve market conditions. Overall, the intersection of AI technology and cryptocurrency can lead to increased trust in digital currencies, promotion of regulatory frameworks, and ultimately wider adoption. This can be particularly beneficial for cryptocurrencies that are readily adoptable within tech-centric frameworks, while speculating on future integration with other technologies.

XRP Price Is Consolidating Within This Pattern — What’s Next? The XRP price performance has been one of the bright spots in the cryptocurrency market over the past seven days. With the crypto climate becoming more uncertain with each passing day, the XRP token has been the only large-cap asset exhibiting some level of relative stability. While the altcoin has been moving mostly sideways in recent weeks, the current speculation is that the price of XRP could be on its way to a bullish breakout. The question is — how far can the third-largest cryptocurrency in its next leg up? Can XRP Reclaim $3 In Next Move? In a March 7 post on the social media platform X, popular crypto trader Ali Martinez put forward an interesting prognosis for the value of XRP over the next few days. Martinez revealed that the altcoin’s price appears to be ready for a significant 23% breakout to the upside. Related Reading: .

Bitcoin and other major cryptocurrencies rallied after the U.S. House of Representatives introduced a Strategic Bitcoin Reserve bill. The bill, known as the Bitcoin Act of 2025, was presented by Rep. Nick Begich (R-AK) to establish a reserve without using taxpayer funding. Notably, Senator Cynthia Lummis also reintroduced the “BITCOIN Act” on Tuesday, which now features more cosponsors from the Senate than before. Following the news, Bitcoin surged 7.69% to $82,733.64, briefly crossing the $83,000 mark. It is now trading at $82,316, a 2.5% rise in the past day. The announcement also pushed Bitcoin’s market dominance to 61.3%, its highest level in a year. In parallel, Ethereum rose 5.57% to $1,910.35, rebounding from below $1,800. XRP is now trading at $2.22, up 5% today after initially dipping to $1.92. Dogecoin also climbed 10.04% to $0.1652. Meanwhile, several less prominent altcoins also posted strong gains during the period. Kaspa shot up 27.07% to $0.4805, while Bittensor and Celestia jumped 20.60% and 19.59%, respectively. Related: Recession Fears Spark Market Sell-Off; Bitcoin Plunges Anew The sudden recovery triggered $265 million in short liquidations, forcing bearish traders to exit positions. Bitcoin’s Open Interest has increased by 0.48% in the past day, signaling renewed investor interest. Futures traders now turned more bullish, with 51% holding long positions. In addition, the Crypto Fear & Greed Index also improved, moving from “Extreme Fear” to “Fear.” Despite the rebound, analysts warn that Bitcoin still faces a key resistance zone. Crypto strategist Michaël van de Poppe stated that Bitcoin must surpass $83,500 to sustain its rally. If it does, he predicts a swift move toward $88,000-$92,000 in the short term. On-chain data from CryptoQuant shows strong buying pressure, with whales accumulating more than 65,000 BTC over the past 30 days. This pattern resembles the accumulation phase between November and December, which preceded Bitcoin’s previous major rally. Related: Bitwise Bets on Corporate Bitcoin: New ETF Provides Indirect Access to Cryptocurrency’s Institutional Adoption Meanwhile, the broader financial market remained under pressure, with U.S. stock indices closing lower for the second consecutive day. The Dow Jones Industrial Average dropped 1.14%, while the S&P 500 fell 0.75%. Market participants are now awaiting February’s Consumer Price Index (CPI) data, set for release Wednesday, to assess inflation trends and the Federal Reserve’s potential response. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

The U.S. Securities and Exchange Commission (SEC) has again postponed decisions on several cryptocurrency spot exchange-traded funds (ETFs), prolonging the wait for investors eager to see more altcoin’ backed ETFs enter the market. This delay affects ETFs tied to Solana, XRP, Litecoin, and Dogecoin, among others. The SEC stated that additional time is needed to evaluate the proposed ETFs and their potential impact on the market. While this move may seem like a setback, analysts remain optimistic that these products will eventually receive regulatory approval. In its latest round of postponements, the SEC extended the review process for multiple altcoin spot ETFs , including those filed by VanEck, Canary Capital, Grayscale, Bitwise, and 21Shares. The decision affects several key applications, such as VanEck’s Spot Solana ETF, Canary’s Spot Litecoin and XRP ETFs, and Grayscale’s Spot Dogecoin and XRP ETFs. The regulator also delayed decisions on ETFs that feature staking options for Ethereum and in-kind creation and redemption mechanisms for Bitcoin and Ethereum ETFs. The SEC has specifically pushed back decisions on Grayscale’s Spot XRP ETF and Cboe BZX’s Spot Solana ETF until May. Additionally, the deadline for the Canary Spot ADA ETF has been moved to May 29. The agency cited the need for a longer review period to thoroughly examine the proposed rule changes and any issues raised by these filings. Related: A Potential Tidal Wave for the Altcoin Market: Solana ETFs Despite the postponements, industry experts remain optimistic about the eventual approval of these ETFs. Bloomberg ETF analyst James Seyffart reassured investors that this is part of the SEC’s standard process. He pointed out that the delay does not indicate a lower chance of approval. According to Seyffart, the final deadlines for these ETFs extend until October, giving the agency ample time for further evaluation. Similarly, analyst Eric Balchunas highlighted that delays were anticipated across the board, including for Ethereum ETFs featuring staking capabilities. He noted that while regulatory scrutiny remains high, the likelihood of approval remains high. The delay comes amid shifting regulatory attitudes towards digital assets in the U.S. The recent executive order signed by President Donald Trump, which established a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile, indicates a growing institutional acceptance of cryptocurrency. Related: SEC Cracks Down on Solana ETFs: What It Means for Crypto’s Future However, the SEC’s reluctance to greenlight altcoin ETF approvals suggests a more cautious stance when dealing with non-Bitcoin assets. Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.