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14 02, 2025

News and Analysis on Cryptocurrencies, Blockchain and Decentralized Finance

By |2025-02-14T21:19:01+02:00February 14, 2025|Crypto News, News|0 Comments

Following reports that the United States Securities and Exchange Commission (SEC) has acknowledged Grayscale’s XRP ETF filing, the token’s price experienced a notable surge on the daily chart, jumping 12% to reclaim the $2.7 level. 

Initially, the third-largest crypto by market cap traded between $1.8 and $2.4 due to the extreme volatility in the broader market. 

Meanwhile, its current price level of $2.7 marks its highest level in February, indicating that the token might be on the verge of breaking out from its prolonged consolidation phase. 

With the approval odds for XRP ETF filings hitting 80% on Polymarket, several price predictions from experts indicate that the token might be peaking anywhere between $8 to $10 soon. 

Is XRP the best crypto to buy now for the next bull run?

Can XRP Fully Break Out Of Its Consolidation Phase?

After experiencing repeated downward movement, dropping as low as $1.8 last week, XRP is finally getting ready to breach its prolonged hurdle. 

A zoomed-out look at the daily chart shows that the token is already close to the upper boundary of its consolidation zone at $2.79. Analysts see this as a bullish momentum that could trigger more upward action. 

Moreover, a falling wedge pattern has formed, which suggests heightened buying pressure for XRP. That further explains why the token has been on a bullish trend over the past day. If historical patterns are anything to go buy, XRP’s breakout above the crucial level of $2.7 could lay the foundation for a surge above $3 in the coming days.

However, despite the bullish activity in the XRP market, data from Coinglass indicates that whales and long-term holders have been dumping XRP on exchanges for profit booking. This simply leaves intraday traders dominating the bullish side of the token. 

If the market sentiment does improve, experts believe XRP could be heading for a $4 breakout soon. 

Can XRP Reach $10 Before The End of Q1 2025?

With the broader crypto market regaining momentum, several crypto price prediction sites have included XRP among the altcoins that could see significant gains in the next few months. 

This is no surprise, considering the strong likelihood of spot XRP ETF approval, Ripple’s recent partnerships, and the growing confidence that the agelong legal tussle with the SEC might be over soon. 

With the SEC’s acknowledgment of Grayscale’s XRP ETF filing, the odds of approval have gone up. 

Ripple’s partnership news with the likes of Bureau, Travelex Bank, and Mercado Bitcoin has also improved the institutional demand for the asset. 

All of this, and more have been the reasons most price predictions for XRP have been quite positive, with some even expecting the token to peak between $8 to $10 before the end of Q1 2025. 

MIND of Pepe – A Low-Cap Alternative To XRP

While XRP is an attractive investment, its multi-billion-dollar market valuation implies that its potential for further growth may be somewhat limited. As such, investors may seek out low-cap altcoins like MIND of Pepe to position themselves for outsized returns when the highly-anticipated bull run eventually kicks off.

MIND of Pepe’s major appeal stems from its unique blend of humor and functionality in one distinctive package. While being a meme coin, with a Pepe-like appeal, MIND of Pepe incorporates the powerful features of AI to provide early supporters with everything they need to crush the volatile market.

Basically, this zen-like AI agent will leverage real-time intelligence to collect fragmented data from trusted sources, analyze it, and then provide users with actionable insights that can help them capitalize on potential market opportunities before others. 

The exclusive alpha calls and strategies that it provides will be accessible to MIND holders alone. 

Moreover, being a self-autonomous agent, MIND of Pepe will soon have its own social media arm, sparking conversations and influencing trends in the crypto market. 

An additional highlight is the staking mechanism, which provides an avenue for presale buyers to put their tokens to best use and amplify their returns. 

With the AI agent narrative gaining more momentum in crypto, MIND of Pepe looks strategically positioned for explosive growth. 

Smart money investors have been quick to discover its potential, which explains why its presale has been seeing heavy demand. With over $6 million already raised within a short period, influential crypto analysts like Cilinix Crypto say MIND could sell out ahead of schedule. 

Visit MIND of Pepe



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14 02, 2025

Can Solana Surpass $1,000 as JetBolt Intensifies

By |2025-02-14T19:18:12+02:00February 14, 2025|Crypto News, News|0 Comments

While Solana smashing the $1K milestone is unlikely at the moment, the new altcoin is hyping up the crypto community with its astonishing growth and over 320 million tokens sold. JetBolt is packed with a range of remarkable features, with its most prominent being zero-gas technology.

More than gas-fee-free interactions, JetBolt incorporates artificial intelligence (AI) into its futuristic ecosystem with its AI-aggregation tool feature. This AI-driven tool delivers blockchain news, crypto trending stories, and Web3 content, categorized by bullish or bearish market sentiment.

JetBolt’s integrated Web3 wallet system ensures a straightforward transaction experience, thanks to its biometrics, facial recognition, and self-custodial control features granting freedom to users. Moreover, JetBolt offers lightning-fast transactions and near-instant finality attributes to further enhance users’ transactions.

Beyond tech, JetBolt allows users to earn more crypto rewards by logging in daily, staking their tokens, and connecting with other users on the platform. Aside from upgrading the typical staking process, this feature is also driving users’ engagement on the platform.

Early adopters can receive when they purchase Alpha Box packages or batch token deals. Meanwhile, JetBolt’s token price increases daily, and buyers are rushing to acquire JBOLT tokens before the next price rise.

Its zero-gas technology, Web3 wallet, and staking rewarding system fuel JetBolt’s surging momentum as crypto buyers explore altcoins beyond Solana.

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14 02, 2025

Here is Potential Dogecoin Price If DOGE Overtakes Solana and Ethereum in Market Cap

By |2025-02-14T17:17:04+02:00February 14, 2025|Crypto News, News|0 Comments

In a major rally where Dogecoin surges by 167% and 792%, it could surpass Solana and Ethereum in market cap.

Dogecoin took the crypto market by storm in the last quarter of 2024 when it engineered a 3X price gain in just two weeks. During this time, the performance of Solana and Ethereum paled in comparison.

Although Dogecoin has lost some of these gains, it still boasts a more impressive one-year performance than Solana (SOL) and Ethereum (ETH). In particular, with a floor price of $0.2532, Dogecoin is up by 211%, while SOL is up by 90%. Meanwhile, Ethereum’s position is much worse, seeing only 6.5% yearly growth.

With Dogecoin showing strong potential to stage more impressive price performance than SOL and ETH, this article explores the potential market value of DOGE in the hypothetical scenario where it overtakes Solana and Ethereum in market cap.

Dogecoin Price if It Overtakes Solana

As of today, Dogecoin ranks as the eighth-largest crypto asset by market cap, with a valuation of $37 billion. Meanwhile, Solana is three steps ahead, ranking as the fifth-largest crypto with a cap of $98 billion.

For Dogecoin to approach the level of Solana, its market cap must expand nearly threefold. Specifically, if Dogecoin attains a $100 billion market cap, considering its supply of 148 billion tokens, this would equate to a unit price of $0.6757 for DOGE.

With Dogecoin trading at $0.2532, attaining $0.6757 demands growth of 167%. Essentially, should Dogecoin see a rally of 167% while Solana fails to see a similar growth rate, it risks losing its market ranking to DOGE.

Dogecoin Price if It Overtakes Ethereum

Meanwhile, for Dogecoin to approach the level of Ethereum, the altcoin king, the meme coin has a more formidable journey ahead. Presently, Ethereum boasts a market cap of $320 billion with a unit price of $2,655.

Considering Dogecoin’s $37 billion cap, it would need nearly 10X growth to attain Ethereum’s current level. In particular, to surpass Ethereum with a market cap of $330 billion, Dogecoin’s market cap must grow by 792%.

This magnitude of growth would elevate Dogecoin’s unit price to $2.23. Notably, numerous analysts have estimated this price range and beyond as realistic expectations for Dogecoin this year.

In other words, in the hypothetical scenario where Dogecoin stages a massive 800% price surge and Ethereum maintains a largely stable position, the meme coin could overtake Ethereum as the second-largest crypto. 

Meanwhile, Dogecoin could face resistance in its race to this lofty position from other well-performing crypto assets like XRP.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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14 02, 2025

Can XRP Surpass $5 if Accepted by Japan as Zero-Gas Rival Surges

By |2025-02-14T15:16:00+02:00February 14, 2025|Crypto News, News|0 Comments

is  sparking a wildfire in the world of crypto, zooming to new heights and forging its niche as potentially the next big thing in blockchain technology. With more than 320 million JBOLT tokens already claimed by early birds, it’s obvious: JetBolt may be the seismic shift that will revolutionize crypto as we know it.

Powered by state-of-the-art zero-gas technology and constructed on the scalable Skale Network, JetBolt is destroying the old limits of blockchain interactions—no more consumers stressing about through-the-roof gas fees when transacting cryptocurrencies. Moreover, developers can now get the green light to release their innovative concepts without the constraint of gas fees when developing on zero-gas chains.

And that is not all—JetBolt is unleashing the potential of AI on blockchain, with its mighty crypto utility that effortlessly sums up and showcases market information and news directly on its platform.

Taking it up a level, JetBolt’s Web3 wallet takes exploring staking to feel easy—even for new crypto users—like gliding into the new world of crypto with a click or two. Better still, stakers don’t only get paid from staking tokens, they get to earn additional rewards for taking part actively in JetBolt’s world, directly turning interactions along with staking into a reward-rich experience.

With more and more whales rushing in, JetBolt’s exclusive Alpha Boxes are quickly becoming the golden ticket for maximizing holdings from day one, granting up to for batch purchases. Coupled with daily price increases and a functional ecosystem already in place, JetBolt’s presale is a fast track to securing a front-row seat in what could be the future of blockchain innovation.

As JetBolt continues its surge, all eyes are on its seamless fusion of technology, utility, and innovation, creating a ripple in the blockchain landscape that is showing no signs of slowing down. In this fast-moving world of crypto, JetBolt isn’t just another success—it’s the revolution everyone’s been waiting for.

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14 02, 2025

What Is Panshibi’s Attraction & Is Coinbase Approval Imminent?

By |2025-02-14T13:15:23+02:00February 14, 2025|Crypto News, News|0 Comments

The crypto world thrives on speculation, and right now, the hottest rumor on the street is that Panshibi (SHIBI) could be gearing up for a Coinbase listing. With Solana price predictions swinging wildly and XRP news today keeping traders on edge, this potential listing could be a game-changer. Early investors are already positioning themselves, betting that SHIBI could follow in the footsteps of meme coins that skyrocketed after landing on major exchanges.

Panshibi isn’t just riding the hype it’s backing it up with numbers. Its presale has been nothing short of spectacular with tokens selling out at lightning speed and investors are rushing to get in before the price takes off. Just days into the presale, $837,129 of the $10M target has been raised and the token has doubled already. Unlike many crypto projects that fizzle out before launch, SHIBI is showing real momentum, making it an ideal candidate for Coinbase’s next big addition.

Could the exchange be eyeing Panshibi as its next meme-coin superstar? If so, the price impact could be massive. XRP news this week already has traders reassessing their portfolios, and with Solana price predictions hinting at major moves, Panshibi might just be the breakout token of 2024. For those still on the sidelines, the question is simple: Will you be in before the Coinbase rumors turn into reality? 

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14 02, 2025

XRP Price Prediction for February 14

By |2025-02-14T11:14:13+02:00February 14, 2025|Crypto News, News|0 Comments

Bulls are controlling the initiative on the market, according to CoinMarketCap.

Top coins by CoinMarketCap

XRP/USD

The rate of XRP has risen by almost 5% over the last 24 hours.

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Image by TradingView

On the hourly chart, the price of XRP might have set a local resistance of $2.5980. If sellers’ pressure continues, one can expect a correction to the support level by tomorrow.

Article image
Image by TradingView

On the longer time frame, traders should focus on the nearest zone of $2.60. 

Related

Bitcoin (BTC) Price Prediction for February 13

If the daily candle closes near it or above and with no long wick, there is a chance to see a test of the $2.70 range shortly.

Article image
Image by TradingView

From the midterm point of view, neither bulls nor bears are dominating. The price of XRP is within the previous bar, which means there are low chances of seeing sharp ups or downs.

XRP is trading at $2.5630 at press time.

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14 02, 2025

Why Dogecoin Price is Set to Explode According to This Analyst

By |2025-02-14T09:13:03+02:00February 14, 2025|Crypto News, News|0 Comments

Dogecoin price may be set to explode soon, according to one prominent analyst.

“This may be your last chance before exploding to the upside!!” Highly followed market analyst “CobraVanguard” wrote about DOGE in a recent TradingView idea.

The analyst shared the memecoin’s daily chart, showing that it had retested a support level, coinciding with the 0.382 Fibonacci level that saw it bounce to highs of $0.43408 in January 2025. He had also predicted this initial January price bounce, albeit with a higher $0.47 target.

Citing the recent retest of this same level, CobraVanguard asserted that DOGE could surge to $0.32 and then $0.60, aligning with the 0.618 and 1.272 Fibonacci levels, respectively.

Why Dogecoin Price is Set to Explode According to This Analyst
Dogecoin bounces on key support level on daily timeframe Source CobraVanguard

At the time of writing, these targets respectively represent 25% and 134% gains from the memecoin’s current price of $0.2569

Beyond the support level retest, the analyst also highlighted the appearance of a bullish divergence on the moving average convergence/divergence (MACD), used to identify price trends and entry points.

Meanwhile, CobraVanguard is not the only analyst to suggest that a potential DOGE rally will leave many behind.

“DOGE Season”

“Trader Tardigrade” recently asserted that the memecoin was in the middle of what he termed “DOGE Season,” adding, “You can’t chase it once it starts moving.”

The analyst made this claim, highlighting DOGE’s historical bull market performance. It has typically experienced an explosive rally punctuated by a months-long correction.

Indeed, the memecoin appears to be the throes of such a correction. The asset has dropped about 58% from highs of about $0.48434 to lows of $0.20178.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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14 02, 2025

Here is XRP Price Needed to Qualify for Utah Strategic Crypto Reserve

By |2025-02-14T07:12:31+02:00February 14, 2025|Crypto News, News|0 Comments

A bill recently gained clearance in the U.S. state of Utah to create a strategic crypto reserve, and market commentators are speculating on how XRP could qualify for the initiative.

Notably, last week, the Utah House of Representatives passed the HB230 bill, which allows the state treasurer to allocate up to 5% of certain public funds to crypto assets.

With this clearance, the bill now moves to the Senate for further approval. It would ultimately need the governor’s signature to become law.

Asset Investment Eligibility Criteria

Meanwhile, the bill sets specific criteria for digital asset investments. In particular, a qualifying crypto asset for state investment must have a market cap of over $500 billion on a 12-month average.

Based on this criterion, only Bitcoin, which has maintained a trillion-dollar market cap for several years, qualifies for Utah’s strategic reserve.

Other top-ranking crypto assets, like Ethereum and XRP, fall short of this threshold. For instance, Ethereum has a market cap of $317 billion, while XRP is much further behind at $140 billion.

Price at Which XRP Qualifies for Utah Crypto Reserve

For XRP to qualify, it would need to add $360 billion to its current market cap and maintain that for the next year. 

According to Fred Rispoli, a well-known pro-XRP lawyer, XRP could qualify at a unit price of $5. 

However, some community members pointed out that at $5, XRP’s market cap could still fall below the $500 billion threshold, especially when considering the 57.76 billion circulating supply. Indeed, at $5 with this supply, XRP’s market cap would be $288.81 billion. 

However, Rispoli argued that the correct estimation should account for XRP’s maximum supply of 99.98 billion tokens, which would place XRP’s fully diluted market cap at approximately $500 billion.

Essentially, XRP must maintain a price above $5 for the next year for its total market cap to stay above $500 billion and qualify for government investment from Utah.

On the other hand, using the widely adopted circulating supply metric of 57.7 billion XRP, the unit price would need to rise above $8.65 to achieve a market cap above $500 billion.

Here is XRP Price Needed to Qualify for Utah Strategic Crypto Reserve
Argument over required XRP price

XRP in U.S. Reserve

Looking at the broader picture, XRP enthusiasts are hopeful about the asset’s inclusion in the U.S. federal government’s proposed crypto reserve. 

However, this proposal is still in the exploratory phase, with no clear decision on whether the government will ultimately pursue the creation of a strategic crypto reserve.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

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14 02, 2025

Ripple XRP Spot ETF Applications Acknowledged by SEC

By |2025-02-14T05:11:11+02:00February 14, 2025|Crypto News, News|0 Comments

The SEC has acknowledged Grayscale and NYSE Arca’s 19b-4 filing to list an XRP ETF. The countdown to the approval of several spot XRP ETFs has begun.

The SEC has just given a green light to Grayscale’s proposal for a Spot XRP ETF by officially acknowledging the 19b-4 filing submitted via NYSE Arca—and now they’re calling on the public for feedback. In the filing posted last Thursday, the commission set a 21-day deadline for comments after the notice hits the Federal Register. Once that window closes, the SEC will decide whether to give this ETF the thumbs-up, knock it back, or even open up formal proceedings.

This 19b-4 filing is a crucial second step in launching a spot XRP ETF. Once it’s published in the Federal Register, the regulatory process really kicks into gear.

Recently, a slew of crypto ETFs—from Solana to Dogecoin—have been on the SEC’s radar as firms test the waters for regulatory approval.

The Crypto Thaw

This shift comes as the SEC appears to be easing up on its crypto stance following former Chair Gary Gensler’s departure last month. Gensler was famously skeptical, often labeling most cryptocurrencies as securities. In contrast, the agency has already approved spot Bitcoin ETFs in January 2024 and later, spot Ethereum ETFs, signaling a more welcoming environment for digital assets.

Asset managers including WisdomTree, Bitwise, 21Shares, and Canary Capital have each submitted applications for spot XRP ETFs. Unlike futures-based products, a spot ETF would allow investors to gain direct exposure to XRP without the hassle of holding the coin. This isn’t just a clever piece of financial engineering—it’s a potential game-changer that bridges the gap between traditional Wall Street and the fast-moving crypto frontier.

These filings are more than just regulatory checkboxes; they’re statements of intent. The idea is to democratize access to XRP, inviting both retail investors and institutional titans to partake in what many see as the next big chapter in crypto history.

Today the SEC acknowledged Grayscale and the NYSE’s 19b-4 filing to list an XRP ETF.  It’s the bullish XRP news that Ripple watchers have been waiting for. 

XRP ETFs are close to approval wrote Bloomberg analyst James Seyffart on X

Green Light Soon?

The SEC’s nod to the XRP 19b-4 filings isn’t just a bureaucratic checkbox—it’s a pivotal move in the ETF approval saga. While it doesn’t guarantee approval, it clearly shows that the wheels are turning. If, and when an XRP ETF does eventually get the green light, we could be staring down the barrel of a major institutional investment wave, one that’s likely to boost liquidity and demand significantly.

With regulatory clarity inching closer and Ripple making bold strides on the global stage, we have to ask: Are we on the verge of witnessing XRP’s metamorphosis from a mere utility asset into a bona fide mainstream financial instrument? If so, this isn’t just evolution—it’s a revolution that could upend traditional investment paradigms. XRP to the moon.

A Shifting Regulatory Landscape

With pro-crypto President Trump in charge, and new SEC chair Paul Atkins at the helm—whose track record hints at a more open-minded approach to digital assets—the stage is set for XRP ETF applications to clear the regulatory hurdle.

This potential pivot isn’t just about XRP—it’s emblematic of a broader transformation in how regulators might handle digital assets. For contrarians like us, it’s a fascinating development. While some fear that regulatory embrace could water down the decentralized ethos of crypto, others see it as the inevitable maturation of a market that’s been too raw for too long.

Watch – XRP Price Analysis Video

Market Impact: Bulls Charging, Bears on Alert

The ripple effects of these ETF applications could be huge. Analysts are already speculating that if approved, these ETFs could inject between $4 billion and $8 billion in net new assets into the XRP ecosystem within the first year. That’s not chump change—it’s a tidal wave of capital that could drive XRP’s price and liquidity to new heights. That means XRP price predictions for 2025 will have to be adjusted higher. As you can see on the XRP price chart below, the XRP price moved 4% higher on today’s news.

Ripple XRP Spot ETF Applications Acknowledged by SEC

XRP jumped 4% to $2.589 on the XRP ETF news, Source: BNC XRPLX

Meanwhile, on betting website Polymarket, the odds of an XRP ETF approval in 2025 have jumped to 81%. 

xrp news ripple

There’s an 81% chance of spot XRP ETF approvals in 2025, Source: Polymarket

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14 02, 2025

BNB Price Breaks Out with 10% Surge—How Close Is $750?

By |2025-02-14T03:10:12+02:00February 14, 2025|Crypto News, News|0 Comments

BNB is gaining pace above the $700 resistance level. There was a clear breakout and the price could now aim for a move toward $750.

BNB Price Regains Bullish Momentum

After facing rejection near the $800 zone, BNB saw a steady decline. There was a move below the $700 and $600 support levels. The bears even pushed the price below $550 before the bulls appeared.

A low was formed near $508 and the price recently started a fresh increase. There was a steady move above the $600 and $620 resistance levels. The bulls pushed the price above the 50% Fib retracement level of the downward move from the $745 swing high to the $508 low. There was a clear move above a major bearish trend line with resistance at $688 on the daily chart.

BNB/USD daily chart | Source: TradingView.com

BNB is now up over 20% in the past two days, beating both Bitcoin and Ethereum. The current price action is positive above the 76.4% Fib retracement level of the downward move from the $745 swing high to the $508 low.

It is now attempting an upside break above the $720 resistance level. A clear move and close above the $720 resistance could open the doors for a move toward the $745 high or even $750.

The next major resistance could be near the $790 level or the 1.236 Fib extension level of the downward move from the $745 swing high to the $508 low at $800. A clear move above the $800 resistance might pump the price higher further. In the stated case, the price might test $850.

Recently, Binance shared details of BNB Incubation Alliance to be held on Tuesday, 25 February 2025 at ETHDenver to support and accelerate the growth of early-stage blockchain projects.

Are Dips Supported?

If BNB price fails to clear the $720 resistance, it might start a downside correction. Immediate support is near the $700 level. The first major support is now forming near the $680 level and the 50-day simple moving average (blue) or the same trend line.

The main support is $650. A daily close below $650 could increase selling pressure. In the stated scenario, BNB price might dive and revisit the $625 support region. If the bulls fail to protect $625, the bears could even aim for a test of $565.

Overall, BNB price is gaining bullish momentum above the $680 and $700 levels. A close above the $720 resistance could send the price toward $750 or even $800.

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