- Wall Street is collectively holding its breath, convinced the SEC will swipe right on a platter of crypto ETFs before summer is over. No pressure, Gary.
- Dogecoin is apparently warming up for a wild sprint back to its all-time high. The meme-currency equivalent of strapping fireworks to a Shiba Inu. 🎆🐕
If you had “SEC drags feet on crypto stuff” on your bingo card, congratulations—boredom continues! Instead of a phone call, an edible arrangement, or any sign of affection, we got a letter from Sherry Haywood (the SEC’s assistant secretary with Big Bureaucratic Energy) saying: “Let’s chat again June 15, 2025. Or never. Who knows?”
Why? Because apparently the SEC needs more time to “consider the proposed rule change and the issues raised therein.” Which is polite government-speak for: “There’s just…like…so much to think about. We’re swamped. Probably watching cat videos.”
SEC’s Crypto ETF Playbook: Now With Extra Side-Eye
On Monday, the SEC hit pause not just on Dogecoin, but also on XRPs. Word from Bloomberg’s number-crunching oracle James Seyffart is that they’ll probably juggle Solana (SOL) and Hedera (HBAR) for a little longer too. At this rate, they’ll be doing ETF limbo at the office Christmas party.
Seyffart reckons newly-minted SEC bigwig Paul Atkins might actually pump out a whole tray of spot crypto ETFs before Halloween, and possibly earlier if he’s feeling spicy. So, keep your costumes, but don’t buy a DOGE suit just yet.
Agreed. i personally think the odds of a bunch of these crypto ETPs getting approved in late June or into July is fairly decent. Idk if its my ‘base case’ but GDLC’s conversion is due early July. I could see this SEC just signing off on a whole bunch around that same time.
— James Seyffart (@JSeyff) April 29, 2025
DOGE and the Art of Barking at the Moon
Dogecoin did that thing where everyone thinks it’s going to have a breakdown… then it shows up in a sparkly dress, 15% higher, and makes us all look silly. Current price: about $0.179. Market cap? A meaty $26.7 billion. Because apparently, jokes are now validated by billions of dollars. 🤷♀️
If #Dogecoin $DOGE can secure a monthly close above $0.20, it could pave the way for a rally toward its all-time high of $0.74. Such a breakout would signal strong bullish momentum and potentially attract increased investor interest.
— Ali (@ali_charts) April 28, 2025
Technical analysis translation: if DOGE manages to stay above 20 cents by end of April, it could finally launch itself into orbit—maybe even back to $0.74. The dream is alive. Someone fetch Elon.
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2025-04-29 22:26