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ProShares has set May 14 as the revised date for launching its futures-based XRP exchange-traded fund (ETF), per a recent post-effective amendment. This follows confusion that began due to an April 15 regulatory filing, which some media outlets misinterpreted. ProShares later clarified that they have no XRP ETF scheduled for April 30 and would make an update. With the confusion, commentators clarified that such a possible ETF by ProShares would be a futures-based ETF, not an XRP spot ETF. Futures ETFs can provide exposure to XRP without holding it directly, but futures ETFs are generally more sensitive. With a new filing amendment with the U.S. Securities and Exchange Commission (SEC), ProShares reveals that it will launch its futures-based XRP ETFs on May 14. However, the document is a procedural update and does not confirm final SEC approval. The initial filing led to confusion across financial media and social networks. Some sources incorrectly reported that the SEC had allowed the ETF to begin trading on April 30. This news led to a short-lived price jump for XRP; however, it was later clarified that no such approval had been granted. ProShares also submitted a filing for an actual XRP ETF along with the futures-based ETF. Franklin Templeton, Bitwise, and Grayscale are among the other companies that have applied for such funds. Franklin Templeton’s application can be regarded as one of the most popular of all the applications submitted. On April 29, the SEC extended its decision on Franklin Templeton’s proposal until June 17. The firm registered the XRP ETF in March after registering a similar request for the Solana ETF. Eleanor Terrett, a journalist following ETF developments, wrote on social media that: “For the $XRP spot ETF, James [Seyffart] is eyeing mid-October, around the 18th, as a final decision deadline.” Large asset managers such as BlackRock and Fidelity have yet to file for XRP ETFs, but rumors suggest they may enter the market in 2025 if demand for competition rises. While ProShares and Franklin Templeton have captured the most attention, the U.S. SEC has also extended deadlines for other ETF filings, including Bitwise’s proposed Dogecoin ETF and Fidelity’s plan to incorporate staking into its Ethereum spot ETF. The SEC is required to make a final decision on ETF proposals within 240 days of their official publication in the Federal Register. As a result, Bloomberg reports that several cryptocurrency-related ETF decisions could be finalized in the fourth quarter of the year. The recent changes in the SEC leadership could affect the agency’s approval pace of crypto ETF filings. Paul Atkins officially became the new SEC Chair earlier this month, with a pro-crypto stance and Senate backing. Under prior leadership — including former Acting Chair Mark Uyeda — the SEC was more conservative, with the commissioner’s office extending review periods for numerous applications. But, despite these delays, the current regulatory situation suggests that several key XRP-related and other crypto ETF decisions are due to be made by October. Meanwhile, futures-based products like ProShares proposed could reach the market soon. Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

According to new research from the Cambridge Centre for Alternative Finance (CCAF), North America now accounts for 82.5% of the global Bitcoin mining power. The report draws from survey responses from 49 mining companies operating across 23 countries, accounting for nearly half of the Bitcoin network’s hashrate. The study highlighted a rise in sustainable energy use, with 52.4% of miners now relying on renewables at 42.6% and nuclear at 9.8%, up from 37.6% in 2022. Natural gas also became the top single energy source at 38.2%, overtaking coal, which dropped to 8.9% from 36.6%. On the other hand, the network’s annual electricity consumption rose by 17% to 138 TWh, approximately 0.54% of global electricity usage. This increase came despite a 24% improvement in mining equipment efficiency, which reached an estimated 28.2 joules per terahash (J/TH) by mid-2024. Electricity remains the dominant operational expense for miners, accounting for over 80% of cash-based costs, with median rates reported at $45 per MWh. The industry’s greenhouse gas emissions are estimated at 39.8 million metric tons of CO₂ each year, about 0.08% of global emissions. The study says this number could drop to 32.9 million tons in cases where flared gas is used. 70.8% of miners also reported using climate mitigation measures, such as waste-heat recovery and demand-side response (DSR), with 888 GWh of reduced load reported in 2023. Meanwhile, the mining hardware market is dominated by a few companies, with Bitmain, the leading ASIC manufacturer, holding 82% of the market, while the firmware market is more varied. Further, around 86.9% of decommissioned equipment is repurposed or recycled, with mining-related e-waste estimated at 2.3 kilotonnes for 2024. The study also shows that more Bitcoin mining is now based in North America, with the United States accounting for 75.4%, and Canada following with 7.1%. However, it noted that activity is also growing in emerging markets like South America and the Middle East. Economically, the U.S. mining sector has become a major contributor. A separate report by The Perryman Group found that the industry generates over 31,000 jobs and adds more than $4.1 billion in gross product annually. Texas leads with $1.7 billion and 12,200 jobs, followed by Georgia ($316.8 million, 2,300 jobs) and New York ($225.9 million, 1,600 jobs). Despite the momentum, CCAF’s analysis reveals that the mining industry is still facing some challenges, including regulatory uncertainty, volatile energy prices, and unpredictable Bitcoin market conditions. As a result, more players are turning to diversification strategies in areas such as AI computing and energy innovation to sustain profitability.

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Be 🚨 Alert my followers for the next 24to 48 hours market can be in danger because Pakistan 🇵🇰 can be attacked by 🇮🇳 India due the recent Kashmir issue always make yoir safety don't be too greedy while having been in such a war like situation because both the countries are neuclar power if they attacked each other the the market could take a dump

Bitcoin ( BTC ) has ignited excitement in the crypto market with a 10% price surge over the past week, breaking through key resistance levels and fueling optimism among investors. Analysts have identified several technical indicators pointing to a strong bullish trend, offering a promising Bitcoin price prediction for 2025. However, some experts caution that the rally may face challenges, making it critical to examine both the opportunities and risks in this Bitcoin price prediction for 2025 . Recent technical analyses reveal that Bitcoin has decisively broken out of a falling wedge pattern that persisted from late 2024 into early 2025. Falling wedges are traditionally viewed as bullish reversal patterns, and this breakout has unfolded with a strong upward rally, confirming its predictive power. The price has cleared a significant resistance zone between $88,000 and $92,000, setting its sights on the next key level at $109,356. This aligns with a bullish Bitcoin price prediction for 2025, with analysts suggesting that beyond this point, Bitcoin could enter price discovery mode, potentially reaching new all-time highs by the end of the year. BTC/USD 1-week chart - TradingView Adding to the optimistic Bitcoin price prediction for 2025, analysts have noted a forthcoming bullish crossover in the weekly MACD (Moving Average Convergence Divergence), a momentum indicator. Historical data shows that previous MACD crossovers on this timeframe have often preceded significant upside movements, and the expanding positive histogram further supports strong momentum. The Relative Strength Index (RSI) on the weekly chart, currently at 58, has also broken a long-term downtrend line and is trending higher, reflecting increasing buying pressure without immediate signs of bearish divergence. These indicators bolster a Bitcoin price prediction for 2025 that could see BTC testing $100,000 or even climbing toward $210,000, as some market forecasts suggest. The technical breakout coincides with significant institutional activity, further supporting a bullish Bitcoin price prediction for 2025. MicroStrategy, now operating under the corporate name Strategy, recently acquired an additional 15,355 Bitcoins worth approximately $1.42 billion between April 21 and April 27, 2025. This purchase brings the firm's total holdings to 553,555 BTC, acquired at an average price of $68,459 per Bitcoin. As of late April 2025, Bitcoin’s price hovers around $95,000, reflecting a strong upward trend that aligns with growing institutional faith in the cryptocurrency’s long-term value—a key driver in the Bitcoin price prediction for 2025. Start your Bitcoin journey today with Bitget — buy Bitcoin easily and securely! Don't miss your chance to own the future of money. Market sentiment is further buoyed by broader Bitcoin price predictions for 2025, with some analysts forecasting a rise to $100,000 or even $210,644, as suggested by Digital Coin Price in a recent report. This optimism is driven by increasing adoption from institutions like BlackRock, which has also been making substantial purchases of Bitcoin and Ethereum. MicroStrategy’s aggressive Bitcoin strategy, led by Michael Saylor, has positioned the firm as a key player in the crypto-financial ecosystem, with its stock (MSTR) serving as a popular proxy for Bitcoin exposure among investors hesitant to buy the cryptocurrency directly. These developments reinforce a Bitcoin price prediction for 2025 that sees BTC continuing its upward trajectory. Despite the bullish indicators, some analysts have raised concerns about the reliability of the falling wedge pattern in this context, adding a layer of caution to the Bitcoin price prediction for 2025. While traditionally a bullish signal, the pattern’s appearance after a prolonged rally—rather than at the bottom of a trend—could indicate exhaustion rather than strength. On April 21, 2025, a report from CryptoNews highlighted that Bitcoin was still trading below every major moving average on the daily chart, including the 20, 50, 100, and 200-day lines. At that time, Bitcoin was trading around $88,100, and analysts warned that a failure to hold above $86,900 could lead to a dip toward the $81,000–$82,000 range, a historical accumulation zone. This introduces a potential downside risk to the Bitcoin price prediction for 2025. BTC/USD 1-week chart - TradingView The report emphasized the importance of strong volume and confirmation to validate the breakout. Without these factors, what appears to be a bullish move could turn into a trap for retail investors, especially in a market where whale activity often drives price action subtly. As Bitcoin approaches the $95,000 mark, analysts are closely watching the $92,000–$94,000 support zone on any pullbacks. A failure to defend this level could shift the market’s outlook, potentially lowering the Bitcoin price prediction for 2025, but as long as bulls maintain control, the path to $100,000 and beyond remains open. Analysts remain cautiously optimistic about Bitcoin’s trajectory in their Bitcoin price prediction for 2025 . The combination of a strong technical breakout, increasing momentum, and significant institutional backing paints a bullish picture for the short term. However, the market remains volatile, and the potential for a correction looms if key support levels are breached. Investors are advised to monitor on-chain metrics, such as whale wallet flows and liquidation spikes, alongside technical indicators like volume and RSI, to gauge the sustainability of this rally and refine their Bitcoin price prediction for 2025. As Bitcoin continues to test new highs, the interplay between technical patterns and institutional activity will likely shape its path forward. For now, the market appears to be riding a wave of optimism, but seasoned traders know that in crypto, the only certainty is uncertainty. Whether Bitcoin reaches the lofty heights of $210,000 or faces a pullback to $81,000, the Bitcoin price prediction for 2025 will remain a focal point for investors navigating this dynamic market. Bitcoin ( BTC ) has ignited excitement in the crypto market with a 10% price surge over the past week, breaking through key resistance levels and fueling optimism among investors. Analysts have identified several technical indicators pointing to a strong bullish trend, offering a promising Bitcoin price prediction for 2025. However, some experts caution that the rally may face challenges, making it critical to examine both the opportunities and risks in this Bitcoin price prediction for 2025 . Recent technical analyses reveal that Bitcoin has decisively broken out of a falling wedge pattern that persisted from late 2024 into early 2025. Falling wedges are traditionally viewed as bullish reversal patterns, and this breakout has unfolded with a strong upward rally, confirming its predictive power. The price has cleared a significant resistance zone between $88,000 and $92,000, setting its sights on the next key level at $109,356. This aligns with a bullish Bitcoin price prediction for 2025, with analysts suggesting that beyond this point, Bitcoin could enter price discovery mode, potentially reaching new all-time highs by the end of the year. BTC/USD 1-week chart - TradingView Adding to the optimistic Bitcoin price prediction for 2025, analysts have noted a forthcoming bullish crossover in the weekly MACD (Moving Average Convergence Divergence), a momentum indicator. Historical data shows that previous MACD crossovers on this timeframe have often preceded significant upside movements, and the expanding positive histogram further supports strong momentum. The Relative Strength Index (RSI) on the weekly chart, currently at 58, has also broken a long-term downtrend line and is trending higher, reflecting increasing buying pressure without immediate signs of bearish divergence. These indicators bolster a Bitcoin price prediction for 2025 that could see BTC testing $100,000 or even climbing toward $210,000, as some market forecasts suggest. The technical breakout coincides with significant institutional activity, further supporting a bullish Bitcoin price prediction for 2025. MicroStrategy, now operating under the corporate name Strategy, recently acquired an additional 15,355 Bitcoins worth approximately $1.42 billion between April 21 and April 27, 2025. This purchase brings the firm's total holdings to 553,555 BTC, acquired at an average price of $68,459 per Bitcoin. As of late April 2025, Bitcoin’s price hovers around $95,000, reflecting a strong upward trend that aligns with growing institutional faith in the cryptocurrency’s long-term value—a key driver in the Bitcoin price prediction for 2025. Start your Bitcoin journey today with Bitget — buy Bitcoin easily and securely! Don't miss your chance to own the future of money. Market sentiment is further buoyed by broader Bitcoin price predictions for 2025, with some analysts forecasting a rise to $100,000 or even $210,644, as suggested by Digital Coin Price in a recent report. This optimism is driven by increasing adoption from institutions like BlackRock, which has also been making substantial purchases of Bitcoin and Ethereum. MicroStrategy’s aggressive Bitcoin strategy, led by Michael Saylor, has positioned the firm as a key player in the crypto-financial ecosystem, with its stock (MSTR) serving as a popular proxy for Bitcoin exposure among investors hesitant to buy the cryptocurrency directly. These developments reinforce a Bitcoin price prediction for 2025 that sees BTC continuing its upward trajectory. Despite the bullish indicators, some analysts have raised concerns about the reliability of the falling wedge pattern in this context, adding a layer of caution to the Bitcoin price prediction for 2025. While traditionally a bullish signal, the pattern’s appearance after a prolonged rally—rather than at the bottom of a trend—could indicate exhaustion rather than strength. On April 21, 2025, a report from CryptoNews highlighted that Bitcoin was still trading below every major moving average on the daily chart, including the 20, 50, 100, and 200-day lines. At that time, Bitcoin was trading around $88,100, and analysts warned that a failure to hold above $86,900 could lead to a dip toward the $81,000–$82,000 range, a historical accumulation zone. This introduces a potential downside risk to the Bitcoin price prediction for 2025. BTC/USD 1-week chart - TradingView The report emphasized the importance of strong volume and confirmation to validate the breakout. Without these factors, what appears to be a bullish move could turn into a trap for retail investors, especially in a market where whale activity often drives price action subtly. As Bitcoin approaches the $95,000 mark, analysts are closely watching the $92,000–$94,000 support zone on any pullbacks. A failure to defend this level could shift the market’s outlook, potentially lowering the Bitcoin price prediction for 2025, but as long as bulls maintain control, the path to $100,000 and beyond remains open. Analysts remain cautiously optimistic about Bitcoin’s trajectory in their Bitcoin price prediction for 2025 . The combination of a strong technical breakout, increasing momentum, and significant institutional backing paints a bullish picture for the short term. However, the market remains volatile, and the potential for a correction looms if key support levels are breached. Investors are advised to monitor on-chain metrics, such as whale wallet flows and liquidation spikes, alongside technical indicators like volume and RSI, to gauge the sustainability of this rally and refine their Bitcoin price prediction for 2025. As Bitcoin continues to test new highs, the interplay between technical patterns and institutional activity will likely shape its path forward. For now, the market appears to be riding a wave of optimism, but seasoned traders know that in crypto, the only certainty is uncertainty. Whether Bitcoin reaches the lofty heights of $210,000 or faces a pullback to $81,000, the Bitcoin price prediction for 2025 will remain a focal point for investors navigating this dynamic market.