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The approval of the first memecoin ETFs is more likely after the departure of former SEC chair Gary Gensler, regulatory experts told Cointelegraph.
Wanchain wants to introduce a series of cross-chain routes that will connect Polygon zkEVM with major blockchain networks.
BONK has surged 12% in the past 24 hours, driven by renewed investor interest after REX Shares filed for an ETF application.
With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.
DOGE, BONK, TRUMP, BTC, ETH, SOL and XRP in the list.
Polygon Ecosystem Token (POL) price is moving above the $0.45 support but below the moving average lines or resistance at $0.55. Cryptocurrency price analysis brought by Coinidol.com.
Amid the fervor generated by the latest launches of President Donald Trump and First Lady Melania's memecoins, REX Shares and Osprey, have captured attention by submitting filings for ETFs associated with several of the most popular cryptos: TRUMP, Bonk Inu (BONK), and Dogecoin (DOGE).
In a bold move following Trump's inauguration and Gensler's resignation, REXShares and Ospreys Funds have filed for multiple spot crypto ETFs, including pioneering memecoin funds.
A new ETF filing proposed to base a product on TRUMP meme tokens, though mixed with low-volatility assets like US government debt and money market funds.
Polygon Labs, around a week after its partnership with Jio Platforms Limited (JPL) to bring Web3 capabilities into Jio's ecosystem, made its first integration with Jio Sphere live on Tuesday. CA Aishwary Gupta, Global Head of Payments at Polygon Labs revealed the launch of native wallet, powered by Polygon Labs PoS Blockchain network, on Jio
Bonk (CRYPTO: BONK) is rallying following a first filing for a Bonk ETF. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003417 $2.6 billion +10.5% +25% OFFICIAL TRUMP (CRYPTO: TRUMP) $42.39 $8.5 billion +6% +552.5% Dogecoin (CRYPTO: DOGE) $0.3832 $56.6 billion +6.9% +7.4% Trader Notes: Crypto trader Mayne noted that BONK's price action reflects a strong push into demand, predicting it is "attempting a big reclaim.
Rex Shares has filed for several meme coin ETFs, including TRUMP, BONK, and DOGE. The firm is also attempting to begin offering several more conventional crypto ETFs, such as Bitcoin and Ethereum.
A Miami-based investment firm with over $5 billion in assets under management, REX Shares, has filed to list a suite of cryptocurrency exchange-traded funds (ETFs) offering exposure to various altcoins, including major memecoins.
Bonk, the second-biggest meme coin on Solana, rose after Rex Shares filed for a spot exchange-traded fund. Bonk (BONK) rose by 6.5%, making it one of the best-performing Solana (SOL) meme coins.
TL;DR REX Shares has filed with the SEC to launch cryptocurrency ETFs, including Bitcoin, Ethereum, and the memecoin TRUMP, targeting institutional investors. The ETFs will invest at least 80% in a reference asset, and the TRUMP ETF will use a subsidiary to manage investments. Eric Balchunas from Bloomberg described the inclusion of TRUMP as “surreal.
Just a day after Donald Trump's inauguration, two firms have filed proposals for a wide range of new crypto-based investment products, including some unexpected entries: exchange-traded funds, or ETFs, based on meme coins. Why It Matters: The firms, REXShares and Osprey, have jointly submitted filings with the SEC for a whole suite of crypto ETFs, going far beyond the traditional Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) options.
Fasanara Capital, a London-based investment manager, has launched its tokenized money market fund on Polygon.
Osprey Funds and Rex Shares are looking for the SEC's sign off for several proposals for exchange-traded funds based off of TRUMP and DOGE.
Just a day after Gary Gensler's formal exit from the SEC, a slew of meme coin ETFs have been filed.
In a recent development, asset manager REX Shares has applied for a flurry of crypto-related exchange-traded funds (ETFs) with the US Securities and Exchange Commission (SEC). The filing included applications for ETFs that will offer XRP, SOL, DOGE, and BONK to institutional investors.
Polygon, one of the first layer-2 networks in the crypto industry, has lost market share as competition in the sector has risen. POL, its token, has also plunged by 43% from its December high, while its ranking in the crypto sector has deteriorated.
Polygon (POL), the Ethereum scaling solution, looks set for a price breakout given its technical indicators. Notably, Ali Martinez, in an X post, highlighted a critical signal that suggests POL could surge amid a broader crypto market boom.
The Solana-based meme coin BONK has broken a long-coming trendline for a bullish rally. Will this rally give a return of more than 100% this month?
Polygon (POL), a prominent Layer-2 scaling solution for Ethereum, has emerged as a key player in the evolving cryptocurrency landscape. Designed to address Ethereum's scalability issues, Polygon offers a faster and more cost-efficient alternative for users and developers alike.
The OBV has climbed higher over the past month, but was unable to breach a local high on the charts.
BONK, the vibrant meme coin, is encountering a price correction after a strong bullish run, raising questions about the future of its uptrend. While natural after a surge, the pullback has prompted speculation on whether bulls can regain control and steer the coin back toward its recent highs.
Mukesh Ambani, the richest man in Asia with an estimated fortune of over 100 billion dollars, has just taken a major step in the world of crypto. His conglomerate Jio Platforms, a telecommunications leader in India with over 450 million users, is launching JioCoin on the Polygon network.
The memecoin market has experienced a strong bullish reversal as Bitcoin price today successfully holds its value above the $100k mark. While top meme coins like DOGE price and SHIB price experience stable growth, the Bonk memecoin has recorded double-digit growth.
Prominent crypto trader Unipcs has argued that Solana (CRYPTO: SOL) flipping Ethereum (CRYPTO: ETH) this cycle is a real possibility, citing metrics and momentum as reasons for his thesis. What Happened: Unipcs contends that Solana has outperformed Ethereum in transaction volume and on-chain activity, positioning itself as a leader in blockchain adoption.
Mukesh Ambani-led Reliance Jio, India's dominant telecommunications company, has launched the digital token Jiocoin as part of its blockchain-powered rewards program for its 450 million user base. The new coin has been integrated into Jio's proprietary JioSphere browser, which allows users to earn the tokens while browsing.
This partnership aims to revolutionize digital experiences for Jio's massive user base of over 450 million people. Jio Platforms, a subsidiary of Reliance Industries—led by billionaire Mukesh Ambani—announced its Web3 and blockchain initiative on Thursday.
Jio Platforms has introduced a new reward token called JioCoin on the Polygon blockchain network.
Despite the excitement, JioCoin has drawn criticism regarding its transparency and functionality.
JiCoin's are currently not redeemable or transferable.
Despite Bitcoin experiencing a bullish rally, the prime altcoin, Ethereum (ETH), has lagged in relative terms. Ethereum has found the $3,800 price level, a critical resistance it has not breached in the past 30 days.
JioCoin, a reward-based token, has been introduced by Jio Platforms, owned by Indian business leader Mukesh Ambani. The development has triggered serious discussions among Indian cryptocurrency enthusiasts. Many think that Jio's crypto will redefine the Indian crypto environment.
Jio launches JioCoin on the Polygon network, sparking community speculation about its use cases.
A closely followed crypto analyst says that one top-10 altcoin is forming one of the most bullish digital asset market structures around. In a new strategy session, crypto trader Ali Martinez tells his 108,000 followers on the social media platform X that payments altcoin XRP is forming a bull pennant pattern.
Polygon (POL) is currently at a pivotal point in its price action, as it consolidates within a descending triangle pattern on the 4-hour chart. The price range between $0.47 and $0.41 has become a critical zone, with both bulls and bears battling for dominance.
The BONK price movements have brought it close to a critical support level, and its reaction could make or break its price trajectory from there. A detailed technical analysis on the TradingView platform suggests that the cryptocurrency's current setup could lead to either a bullish breakout to retest its all-time high at $0.00005825 or a further decline below $0.00001497, depending on how price action unfolds in the coming days.
Jio Platforms, a subsidiary of Reliance Industries and one of India's leading technology companies, has entered into a strategic partnership with Polygon Labs, the developer arm of the Polygon Protocols.
Jio Platforms collaborates with Polygon Labs to bring blockchain solutions, empowering millions of users with advanced Web3 capabilities.
Polygon Labs has partnered with India's largest telecom operator, Reliance Jio, to integrate blockchain into the company's existing infrastructure.
India's telecommunications and digital services company, Jio Platforms, is introducing Web3 capabilities to its user base of over 450 million. The initiative involves a collaboration with Polygon Labs, the developers of the Polygon blockchain protocols, aiming to support the development of decentralized applications and services in the country.
Reliance's Jio Platforms has joined hands with Polygon Labs to bring web 3 and blockchain solutions to more than 450 million consumers in India. The collaboration aims to integrate its advanced blockchain technology into Jio's services, marking a major step towards Web3 adoption in the country.
Polygon price battles resistance as bullish signals align for a potential rally.
The biggest telecom company of India, Reliance Jio has entered into a partnership with Blockchain leader Polygon Labs. This team up will bring web3 services to over 450 million Jio users. What exactly is cooking between Reliance Jio and Polygon, let's try to uncover.