Cryptocurrencies price prediction: XRP, Doge and Solana - American Wrap 15 April

FXStreet Team FXStreet

XRP, Dogecoin and Mantra traders punished for bullish bets, will altcoins recover?

Altcoins are recovering on Tuesday as the dust settles on US President Donald Trump’s tariff announcements last week. The President has repeatedly changed his mind on several tariff-related concerns, ushering volatility in Bitcoin and altcoin prices.

Axiom’s volume surpasses $100M as meme trading platform war escalates on Solana

Axiom’s daily trading volume surged on Monday, reaching $101,000 million for the first time, surpassing all other meme coin trading platforms on Solana, such as Photon and Bullx. Meanwhile, Solana (SOL) exchanges hands at $132 at the time of writing on Tuesday after staging a recovery campaign from the ‘Black Monday’ crash on April 7 to $95 triggered by United States (US) President Donald Trump’s reciprocal tariffs.

Canada approves Solana ETFs with staking

Canada will launch the world’s first spot Solana (SOL) ETFs on April 16, 2025, following approval from the Ontario Securities Commission. The move comes as Solana’s price jumped 25% in the past week, reflecting strong investor interest and growing network activity, including a record-breaking 355 million transactions.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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