FomoScope - Crypto FOMO Detection & Analysis

cryptobriefing.com Mar 20, 2025 11:43

Kraken inks $1.5 billion deal to acquire NinjaTrader - Leading crypto company Kraken announced today it has reached an agreement to acquire NinjaTrader, the US retail futures trading platform, for $1.5 billion. The final purchase price is subject to adjustments based on agreed-upon conditions.The deal, which represents the largest-ever combination...

FOMO: 90%

cointelegraph.com Mar 20, 2025 12:02

Why is Solana (SOL) price up today? - Solana (SOL) price is up today, buoyed by a significant recovery in the broader cryptocurrency market.Data from Cointelegraph Markets Pro and TradingView shows SOL’s price is trading at around $134, up more than 6% in the last 24 hours. Solana price has rebounded roughly 20% from its local low of around $112 reached on March 11.SOL/USD daily chart. Source: Cointelegraph/TradingViewSeveral factors driving the SOL price up today, including:SOL price rally comes following the launch of the first Solana futures ETF.Approximately $18 million in shorts were liquidated over the last 24 hours. SOL’s strengthening technicals target is $220.Launch of Solana futures ETF boosts SOL priceToday’s debut of Solana futures exchange-traded fund (ETF) by Volatility Shares has injected fresh enthusiasm into SOL investors. 🚨 BREAKING: The first-ever Solana futures ETFs are launching tomorrow.Volatility Shares is debuting two ETFs:• SOLZ: Tracks Solana futures• SOLT: Offers 2x leveraged exposure pic.twitter.com/Wt2gt6oBPc— Cointelegraph (@Cointelegraph) March 19, 2025Key takeaways:Volatility Shares, a US-based investment firm, is set to launch the first-ever Solana futures ETFs on Thursday, March 20. A filing with the Securities and Exchange Commission (SEC) reveals that two Solana-based ETFs issued by Volatility Shares ETFs will begin trading on Thursday, March 20.These include Solana ETF (SOLZ), which will track Solana futures and the Volatility Shares 2X Solana ETF (SOLT), which offers leveraged exposure.SOLZ will have a management fee of 0.95%, while traders will be charged 1.85% for SOLT.The ETFs, following a path similar to Bitcoin and Ethereum futures products, signal growing institutional acceptance and provide easier access for traditional investors.Market participants believe that the launch of these funds could be significant in the approval of a spot Solana ETF.Several issuers, including Grayscale, Franklin Templeton and VanEck, have applied for spot Solana ETFs, which are yet to be approved by the SEC. Bloomberg ETF analysts believe there is a 75% chance of approval by this year’s end.Analysts see this as a regulatory green light, boosting confidence in Solana and across the broader market.“Solana ETF dropping right after BTC/ETH ETFs? The TradFi gates are opening wide,” said crypto analyst Kolin in a March 19 post on X.“Futures are just the start - spot ETF inevitable. $SOLs just warming up and the Solana ecosystem’s about to get flooded with institutional liquidity.”“This is wild,” asserted Bloomberg Senior ETF analyst Eric Balchunas in response to the developments, adding that it is probably a good sign as Solana futures “arguably bode well for spot ETF odds.”Short liquidations push SOL price higherSolana’s price rise on March 20 is accompanied by significant liquidations in the derivatives market, according to data from CoinGlass. The crypto futures market witnessed the liquidation of over $359 million worth of leverage positions in the last 24 hours, with $258.7 million being short liquidations.Over $18.64 million short SOL positions have been liquidated against $3 million long liquidations over the same period.Total crypto liquidations. Source: CoinGlassBearish traders’ short positions are automatically closed when the price exceeds their liquidation price, which can fuel the rally further. Furthermore, the SOL price gains accompany a recovery in its funding rates. SOL’s 8-hour funding rates have flipped positive from -0.0050% on March 19 to 0.0049% on March 20, as shown in the chart below.SOL funding rates performance. Source: CoinGlassA rise in funding rates indicates increased demand for long positions and increased interest among SOL traders.Related: ‘I am ashamed’ — Solana CEO breaks silence over controversial ad backlashCan SOL price stage a recovery to $220?SOL still trades well below its range high of $220 reached on Feb. 5. However, the bulls have established support around $110 and $125 at the upper boundary of a descending channel.The daily relative strength index (RSI) has recorded higher highs since March 10 with no divergence, indicating that the upward momentum remains strong.XRP/USD daily chart. Source: Cointelegraph/TradingViewThe next immediate barrier sits at $140, which, if broken, SOL price would rise higher to confront resistance from the $165 to $190 supply zone—this is around where all the major moving averages sit.Bulls will be required to flip this area into support to increase the chances of rising toward $220, where the price could pause for a while.According to analyst Cryptobits, SOL’s recent low at $112 marked the local bottom for the altcoin. He added that Solana’s fundamentals remain strong, with increasing “investment interests from institutions” supporting its upside.“With all the above remaining intact, I see $SOL returning above $200 and eventually breaking its ATH high at $296.”This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 90%

cryptoslate.com Mar 20, 2025 12:49

Kraken acquires US retail derivatives platform NinjaTrader for $1.5 billion - Kraken has entered into an agreement to acquire futures trading platform NinjaTrader for $1.5 billion, marking the largest deal to date integrating traditional finance and crypto markets. Announced on March 20, the acquisition significantly expands Kraken’s presence in the US futures sector, leveraging NinjaTrader’s status as a CFTC-registered Futures Commission Merchant. Founded in 2003, NinjaTrader […] The post Kraken acquires US retail derivatives platform NinjaTrader for $1.5 billion appeared first on CryptoSlate.

FOMO: 90%

newsbtc.com Mar 20, 2025 13:00

The Fed Blinked — The Bitcoin Bull Run Return Is Now Inevitable - On Wednesday, the US Federal Reserve decided to leave its benchmark interest rate unchanged in the 4.25%–4.5% range – and Bitcoin reacted instantly. The pause, while widely anticipated, came with a slightly revised outlook that includes a slower timeline for future rate cuts and a notable...

BTC

FOMO: 90%

thestreet.com Mar 20, 2025 12:47

XRP becomes third largest crypto after SEC drops case against Ripple - XRP has secured the third slot among the largest cryptocurrencies after racing ahead of USDT as the SEC dropped charges against Ripple.

BTC

FOMO: 90%

u.today Mar 20, 2025 13:28

Michael Saylor Makes Stunning Bitcoin EUR Prediction, Hold Tight - Strategy founder believes Europe will definitely need Bitcoin

BTC

FOMO: 90%

cointelegraph.com Mar 20, 2025 13:30

Ripple celebrates SEC’s dropped appeal, but crypto rules still not set - Ripple is celebrating the United States Securities and Exchange Commission’s (SEC) decision not to pursue a court case against the firm, but it provides little legal certainty for the crypto industry. The US financial regulator has apparently dropped an appeal against Ripple, the issuing firm of crypto asset XRP. The industry saw the case as a prime example of regulatory overreach by the SEC under former chair Gary Gensler.Ripple CEO Brad Garlinghouse said the decision “provides a lot of certainty for RIpple” and that while the case is effectively over, there are still some loose ends the firm needs to tie up with the SEC. “We now are in the driver’s seat to determine how we want to proceed.”Stuart Alderoty, Ripple’s chief legal officer, wrote on X, “Today, Ripple moves forward — stronger than ever. This landmark case set a precedent for the domestic crypto industry.”Ripple and the crypto industry as a whole are counting this as a major victory, but the SEC’s decision provides no legal precedent, and the “guardrails” the industry has lobbied for are yet to be defined. Consequences of Ripple case on lawmaking and precedentThe cryptocurrency lobby was quick to celebrate the SEC decision, announced by Garlinghouse at the Digital Asset Summit in New York on March 19. Markets took notice — XRP price spiked 9% in the first hour following the announcement.Supporters and observers posted on X about the precedent the case would set for the crypto industry. But legal observers are less certain about the overall impact the SEC’s appeal decision will have on the broader crypto industry.Lawyer Aaron Brogan told Cointelegraph that the Ripple case “creates no precedent that any other firm can rely on.” He added there is “no question that the regulatory environment is more favorable to crypto firms today,” but the SEC’s exact policy won’t become clear until Paul Atkins is nominated as chair of the commission.Related: Crypto regulation must go through Congress for lasting change — Wiley NickelBrian Grace, general counsel at the Metaplex Decentralized Autonomous Organization, further noted that the 2023 decision to which the SEC was appealing does not set a legal precedent.He wrote on March 19, “The Ripple decision is not binding legal precedent. It was a single district court judge’s ruling based on the facts of that case.” The SEC appeal repeal also has limited influence on the ongoing legislative efforts to create a framework for the cryptocurrency industry in the US. Grace said that the onus is on Congress, not the SEC, to make lasting legal changes for the cryptocurrency industry. “The U.S. crypto industry needs new legislation to provide clarity and protection. Without it, the Plaintiffs bar can continue to sue in district courts across the country relying on Howey. A friendly SEC also does not change this. We need a crypto market structure law,” he said. Brogan said that he didn’t think the decision would have any direct effect on the lawmaking process, but the SEC could still solve questions regarding rulemaking. “I think many in Congress would welcome that as the market structure legislation currently percolating appears dead in the water,” he said.Garlinghouse wants to tie up loose ends with SECThe SEC appeal decision may put the “final exclamation point” on whether XRP is a security, but the legal battle between Ripple and the SEC could be set to rage on.In a March 19 Bloomberg interview, Garlinghouse brought up the possibility of going on the offensive with a cross-appeal, i.e. an appeal from an appellee requesting that a higher court review a lower court’s decision. Related: Bitnomial drops SEC lawsuit ahead of XRP futures launch in the USNamely, Garlinghouse wants to revisit the 2023 decision in which Judge Analisa Torres, while ruling Ripple’s publicly sold tokens did not constitute a security, levied a $125 million fine on Ripple, stating that the tokens should have been sold to institutional investors. The firm is also subject to a five-year “bad actor” prohibition on fundraising which, says Brogan, could meaningfully impact its operations. “At this point, all we’re fighting for is do we want to fight to get the $125 million back,” said Garlinghouse.He added that while the XRP-securities decision was a “clear legal victory,” there are “pieces of it that we think could be kind of cleaned up. And the question is, do we want to fight that fight? Or can we come to an agreement with the SEC to drop everything?”Outside of the courtroom, Congress is still working to make meaningful progress on the stablecoin bill. Bo Hines, the executive director of the President’s Council of Advisers on Digital Assets, expects the final version to be ready in a couple of months. The crypto framework bill FIT 21 failed to make it through the Senate in the 2024 legislative session, but some lawmakers are optimistic that it will make it through this session with “modest changes.”The Blockchain Association, a crypto lobby group, expects both laws to pass by August, while US Representative Ro Khanna, a Democrat from California, says they could be finalized by year’s end. Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge

FOMO: 90%

cointelegraph.com Mar 20, 2025 13:38

Solana futures ETF to grow institutional adoption, despite limited inflows - The crypto industry is set to debut the first Solana futures exchange-traded fund (ETF), a significant development that may pave the way for the first Solana spot ETF, as the “next logical step” for crypto-based trading products, according to industry watchers.Volatility Shares is launching two Solana (SOL) futures ETFs, the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.The debut of the first Solana futures ETF may bring significant new institutional adoption for the SOL token, according to Ryan Lee, chief analyst at Bitget Research.Volatility Shares Solana ETF SEC filing. Source: SECThe analyst told Cointelegraph: “The launch of the first Solana ETFs in the US could significantly boost Solana’s market position by increasing demand and liquidity for SOL, potentially narrowing the gap with Ethereum’s market cap.”The Solana ETF will grow institutional adoption by “offering a regulated investment vehicle, attracting billions in capital and reinforcing Solana’s competitiveness against Ethereum,” said Lee, adding that “Ethereum’s entrenched ecosystem remains a formidable barrier.”Still, other industry participants are concerned that the Solana futures ETF will lead to investor disappointment due to a lack of inflows, as we’ve seen with the spot Ether ETF launch, which was only a “sidekick” to Bitcoin ETFs in terms of inflows, as predicted by Bloomberg’s senior ETF analyst, Eric Balchunas.Related: Bitcoin beats global assets post-Trump election, despite BTC correctionSolana futures ETF may see disappointing inflows, but spot Solana ETFs may be nextWhile the futures ETF may not bring significant inflows, it legitimizes Solana’s status as a top cryptocurrency, especially after US President Donald Trump announced that his Working Group on Digital Assets would include Solana in the US crypto strategic reserve, along with Cardano’s (ADA) token and XRP (XRP).“Solana ETFs are in motion creating the possible avenues for more wide-scale adoption,” according to Anmol Singh, co-founder of Bullet, a Solana-native perpetual futures decentralized exchange.Singh told Cointelegraph:“Solana spot ETF is yet to be approved but given the increased awareness around Solana and the Futures ETFs this would be a logical next step.”“We can expect moderate inflows into the futures ETF - spot ETF is generally a better instrument for getting exposure and that will be the major milestone,” he added.Related: Trump-linked WLFI triples Ether holdings, Solana sees $485M outflows: Finance RedefinedWhile the adoption rate of futures ETFs is difficult to measure, a spot Solana ETF may attract between $3 billion to $6 billion of net assets in the first six months, eclipsing the adoption rate of Ether ETFs, according to a JPMorgan report seen by Cointelegraph. SOL and XRP ETPs could attract $3–8 billion. Source: JP Morgan“When applying these so-called “adoption rates” to SOL and XRP, we see SOL attracting roughly $3 billion-$6 billion of net assets and XRP gathering $4 billion-$8 billion in net new assets,” the report stated.However, “the timeline could extend into 2026 due to the SEC’s precedent of taking […] 240–260 days to review filings,” James Seyffart, Bloomberg Intelligence analyst, said on Jan. 16.Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge

FOMO: 85%

feeds2.benzinga.com Mar 20, 2025 13:35

XRP Soars 7% On SEC Win, Outperforms Bitcoin, Ethereum - XRP (CRYPTO: XRP) is up 8.3% over the last seven days, outperforming other leading cryptocurrencies. read more

BTC

FOMO: 85%

99bitcoins.com Mar 20, 2025 11:19

Arthur Hayes Says Fed Will Pump Crypto With $9Tn Package: Trump Crypto Announcement Is Just Arriving - Bitcoin price could peak at $250,000 this year, according to BitMEX’s Arthur Hayes. He ties his prediction to macroeconomic trends, particularly the Federal Reserve and Trump crypto announcement, pulling back on quantitative tightening. With lingering near $80,000 after a rough Q1, Hayes’ claim has stirred fresh debate about cryptocurrency’s 2025 course. According to Hayes, here’s.. The post Arthur Hayes Says Fed Will Pump Crypto With $9Tn Package: Trump Crypto Announcement Is Just Arriving appeared first on 99Bitcoins.

FOMO: 90%

99bitcoins.com Mar 20, 2025 12:48

Ripple Finally Slayed the SEC Dragon: Is XRP Price About to Deliver an Altcoin Bull Run? - After nearly four years of battle, the U.S. SEC ended its legal fight with Ripple, sparking a significant XRP rally. According to Coingecko, XRP is up nearly 7% in the past 24 hours, pushing weekly gains above 15%. EXPLORE: Best New Cryptocurrencies to Invest in 2025 SEC Drops Case Against Ripple The rally was anticipated. By.. The post Ripple Finally Slayed the SEC Dragon: Is XRP Price About to Deliver an Altcoin Bull Run? appeared first on 99Bitcoins.

FOMO: 90%

99bitcoins.com Mar 20, 2025 11:29

Why is Crypto Going Up Today and The Importance of Seed Journals - Why is crypto up today? Renewed bullish sentiment swept through Bitcoin options market following the Federal Reserve’s latest meeting. The Fed reaffirmed its stance on two rate cuts, with Jerome Powell brushing off tariff concerns as fleeting. We’re so early into crypto that if this is a baseball game, we haven’t even reached the first.. The post Why is Crypto Going Up Today and The Importance of Seed Journals appeared first on 99Bitcoins.

FOMO: 90%

cryptopotato.com Mar 20, 2025 14:38

190,000,000 ADA: Will a Supply Shock Trigger a Price Rally? - Check out what signals that ADAs value could head north in the short term.

ADA

FOMO: 88%

u.today Mar 20, 2025 14:38

XRP vs. Bitcoin: Golden Cross Fuels Another Bullish Breakout - XRPs golden cross signals new surge against Bitcoin

BTC

FOMO: 85%

zycrypto.com Mar 20, 2025 14:43

Heres How Bitcoin Hits $180,000 This Cycle, According To NBA Legend Who Predicted BTCs Bull Run - The price of Bitcoin may reach $180,000 by the end of this year, according to legendary basketball player Scottie Pippen.

BTC

FOMO: 90%