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A crypto executive says it is “difficult to pinpoint” exactly where XRP is going, but reclaiming levels above the current all-time high is not off the table. Despite a 10% plunge in XRP over the past 24 hours, the Ripple-linked cryptocurrency is still on track to regroup and surpass its 2018 all-time high, according to…
Altseason takes center stage as 71% of Binance Futures volume are altcoins. Key takeaways: Altcoins account for 71% of Binance Futures trading volume, marking a clear shift in trader interest from Bitcoin. Over 32,000 BTC entered exchanges, suggesting profit-taking and potential altcoin rotation amid rising volatility. Read more If you liked the article, do not…
Spot Bitcoin ETFs saw $131.35 million in outflows on Monday, ending a 12-day streak that pulled in $6.6 billion. Spot Bitcoin exchange-traded funds (ETFs) registered a net outflow of $131.35 million on Monday, marking the end of a 12-day streak that attracted $6.6 billion of inflows. The largest outflow was from ARK Invest’s ARKB, which…
Bitcoin and Ether traders are eyeing price milestones into the weekly close, with a resistance trend line keeping BTC bulls from heading to all-time highs. Key points: Bitcoin market participants expect a resistance trend line breakout, with nearby targets including $125,000. Attention continues to focus on altcoins while Bitcoin consolidates, with Ether reaching seven-month highs….
The line between a central bank digital currency and a centrally-managed, government-regulated stablecoin is thin, critics argue. United States congresswoman Marjorie Taylor Greene said that the GENIUS stablecoin bill creates a “backdoor” for the government to effectively create a central bank digital currency, veiled as privately issued crypto tokens. The lawmaker said that regulated stablecoins…
Google Gemini could help traders break down the news, track sentiment and turn headlines into actionable crypto trading strategies. Google Gemini can break down complex crypto news, like new US legislation, by pulling clear summaries from trusted sources. By scanning reactions on X, Gemini reveals how investors feel about the news, helping traders gauge short-term…
During their bull runs, XLM and XRP often move in sync, with a high correlation coefficient typically topping 0.70. Will history repeat for Stellar? Key takeaways: XLM eyes a 35% breakout toward $0.63 as it tests an ascending triangle resistance. A strong historical correlation with XRP suggests that XLM could continue rallying. Read more If…
XRP’s rally to $3.66 all-time high came amid the passage of major crypto bills in the US House, and other positive fundamentals boosting investor confidence. Key takeaways: XRP price surged 22% over the last 24 hours, reaching a new all-time high of $3.66. Favorable regulatory action in the US is adding tailwinds. Read more If…
The “hard data” signals that Ether is not due for a correction anytime soon, according to Felix Xu, a partner at crypto hedge fund ZX Squared Capital. Ether’s meteoric rally to $3,600 on Thursday is unlikely to retreat as long as two key macro conditions continue to hold, a hedge fund executive says. “All the…
LINK price is on the verge of confirming a historically bullish pattern, which could send the altcoin’s price above $18. Key point: Convergence of TradFi and DeFi could propel LINK past $18 and start a new uptrend. At the RWA Summit Cannes, Nelli Zaltsman, JPMorgan Kinexys’ head of blockchain payments innovation, said that decentralized finance…