News

Bitcoin ETFs See $667.4 Million Inflows as Basis Trade Gains Popularity

U.S.-listed spot bitcoin ETFs saw $667.4 million in net inflows on May 19, marking the highest single-day total since May 2 and reflecting renewed...

Bitcoin and Gold Gain Appeal as U.S. Bond Market Shows Fiscal Weakness

The U.S. financial markets are exhibiting characteristics similar to "kayfabe," where the reality of fiscal instability is masked by investor...

Bitcoin Cost Basis Distribution Indicates Key Level at $106,600

Glassnode has analyzed the Bitcoin Cost Basis Distribution, highlighting a significant level at $106,600 where approximately 31,000 BTC was...

KuCoin Launches Enhanced Mobile Payments Through AEON Partnership

KuCoin has enhanced its merchant service, KuCoin Pay, to facilitate mobile cryptocurrency transactions. The service now integrates with the AEON...

Ether Rises 8% and Bitcoin Approaches $106,000 Amid Market Resilience

Crypto markets saw significant gains, with ether rising 8% and bitcoin approaching $106,000. This occurred despite a broader risk-off...

Bitcoin Briefly Exceeds $106,000 Before Minor Pullback in Trading

Bitcoin has resumed its upward movement, briefly exceeding $106,000 before retreating to $104,153, marking a 1% decline in the last 24 hours....

DigiAsia Corp Plans to Raise Up to $100 Million for Bitcoin Reserve

DigiAsia Corp (FAAS) plans to raise up to $100 million for a bitcoin treasury reserve, joining other companies diversifying their balance sheets...

Solana Price Consolidates Above $165, Eyes Resistance at $172

Solana (SOL) Overview SOL price increased from the $160 zone, now trading above $168. Resistance identified at $172; a break could lead to...

Bitcoin Trading at $103,721 as June 9 Close Approaches

Bitcoin is currently trading around $103,000 following a failed attempt to surpass $107,100. Market technician Dr Cat emphasizes that the...

XRP Futures Contracts Launch on CME with $1.5 Million Trading Volume

XRP futures contracts commenced trading on CME Group's derivatives platform on May 19, with a trading volume of $1.5 million in the first session. ...

XRP Price Declines Below $2.350, Faces Resistance Near $2.420

XRP Price Analysis XRP price declined below $2.450 and is currently above $2.350. The price is testing resistance at $2.40 due to a bearish...

Ethereum Price Rises Above $2,500, Eyes $2,650 Resistance

Ethereum Price Analysis Ethereum price found support at $2,320 and has started to rise. The price increased above $2,450 and $2,500 levels....

Bitcoin Mayer Multiple Z-Score Indicates Price Remains Below Historical Average

A quant analysis indicates that Bitcoin's Mayer Multiple suggests the asset is not overheated at its current price of $103,000. Key Points on...

Bitcoin Price Surges Past $106,000, Eyes $110,000 Target

Bitcoin Price Update Bitcoin began an upward move from the $102,000 zone. The price is currently above $105,500 and the 100-hour Simple Moving...

Bitcoin Price Experiences Volatility While Macro Trend Oscillator Signals Future Tops

Bitcoin experienced significant volatility in the past 24 hours, briefly surpassing $106,000 before consolidating around $103,000. This fluctuation...

Senate Votes to Advance Stablecoin Legislation for Further Debate

The U.S. Senate has advanced stablecoin legislation, surpassing the 60-vote threshold needed to proceed to further debate and a final vote. Key...

Bitcoin Rallies Above $100,000 Without Signs of Overheating

The recent Bitcoin (BTC) rally has seen the price rise from $74,508 on April 6 to over $100,000, presenting a more stable market behavior compared...

DOJ Investigates Coinbase After Significant Security Breach

The US Department of Justice is investigating a security breach at Coinbase, the leading US cryptocurrency exchange. The breach involved criminal...

Bitcoin Holds Above $100K as Analysts Predict Rise to $160K

Bitcoin has stabilized after significant fluctuations earlier this year. The cryptocurrency fell from $109,000 in January to $74,600 by mid-April, a...

StraitsX Launches XSGD Stablecoin on XRP Ledger for Cross-Border Payments

StraitsX launched its Singapore dollar-pegged stablecoin, XSGD, on the XRP Ledger (XRPL) to meet the demand for regulated multi-chain stablecoins...

Senate Democrats Divided Over Upcoming Vote on Stablecoin Bill

A significant split among Senate Democrats has emerged over a key stablecoin regulation bill, the GENIUS Act. Key points include: The bill is...

Analyst Predicts XRP Price Will Stabilize at $1,000 with Institutional Adoption

Analysts project a significant price rally for XRP, despite its current trading around $2.30, down 2.35% in 24 hours. Key points include: XRP...

XRP Expert Advises Investors to Hold Through Market Dips

Edward Farina, founder of Alpha Lions Academy, advises XRP holders to reconsider selling during market dips. On May 12, XRP declined from $2.47 to...

Bitcoin Rebounds to $105K as Analysts Forecast 35% Year-End Increase

Cryptocurrencies rebounded on Monday after a turbulent start, reflecting a recovery in risk assets post-Moody’s downgrade of U.S. government...

Ethereum Confirms Golden Cross as Price Struggles Near $2,400

Ethereum is currently trading around $2,400 after a decline of over 12% in the past week. Analysts warn that failure to maintain this support level...

JPMorgan Clients Will Soon Be Able to Buy Bitcoin, Jamie Dimon Confirms

JPMorgan Chase will soon allow clients to buy bitcoin, as announced by CEO Jamie Dimon during the bank's annual Investor Day. Key points...

Bitcoin is a Scarcity-Based Asset While Ethereum Functions as a Platform

The importance of the social consensus and community around blockchain ecosystems is highlighted as a critical asset. Key points include: ...

XRP Futures Begin Trading on CME's Derivatives Platform

XRP futures commenced trading on the Chicago Mercantile Exchange (CME) as the first regulated futures for XRP in the U.S. Traders can choose...

Ethereum Price Declines 4% Amid Whale Movements, Analysts Remain Optimistic

Ethereum (ETH) has experienced a price decline, trading around $2,400 after reaching $2,700 last week, marking a 4% decrease in 24 hours. This drop...

XRP Price Confirms Bullish Reversal Setup Above Key Demand Zone

A recent technical analysis indicates that the XRP price has confirmed a bullish reversal setup on the 1-hour chart after rebounding from a key...
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