BlackRock’s iShares Bitcoin Trust, the world’s biggest Bitcoin spot ETF, broke its strong momentum on May 30 with a steep $430.8 million in outflows. This marked the end of a 31-day streak of consistent inflows and set a new high for daily losses since the fund began trading in January 2024. Prior to this, the […]
Uphold and Flare Join Forces to Unlock XRP Yield Potential
Uphold has confirmed a new feature that allows XRP holders to earn passive income on their holdings. In a post on X, the crypto exchange said it is working to enable yield earnings on XRP. This move is driven by increasing demand from users seeking returns on their XRP balances. The company has partnered with […]
Ethereum Eyes $2,650 If $2,550 Support Holds, Says Analyst
Ethereum is holding near a make-or-break price level as the entire crypto market cools off after recent gains. The asset now trades around $2,550, which many traders are watching as a key level. While prices have pulled back from recent highs, Ethereum still shows strength compared to other coins. Ali Martinez, a well-known analyst, shared […]
Dogecoin (DOGE) Price May Hit $2 by Year-End, Says Market Analyst
Dogecoin’s price has taken a hit in the last week, slipping from around $0.25 on May 23 to slightly above $0.20. Although this drop shows clear short-term weakness, analysts see possible signs of a rebound. Analyst Setupsfx on TradingView said that despite recent losses, Dogecoin could still stage a comeback. He noted the price is […]
Bitcoin Investors Holding Firm as Binance Inflows Remain Subdued
Bitcoin is currently trading above $105,000 after touching a new all-time high above $111,000. Even though this is a 5.97% drop from its highest point, the monthly trend remains strong. Over the past 30 days, Bitcoin has still gained over 11.17%, showing resilience in the face of minor pullbacks. Concerns about whether the cryptocurrency can […]
Ethereum Pushes Higher With $3,600 in Sight Amid Positive Technicals
Ethereum (ETH) has risen above $2,600 for the first time since February. This week, it has managed to hold that level, a move that comes after it dropped below $2,000 in March. Over the past few days, the cryptocurrency has tested the $2,700 mark, trying to move past that ceiling. Though the cryptocurrency hit a […]
Shiba Inu Forms Tight Triangle, Market Awaits Potential 17% Swing
Shiba Inu is showing signs of compression within a descending triangle formation, setting the stage for a potential price jolt. Ali Martinez, a market analyst, posted on X that the token is tightening inside this triangle on the 4-hour chart. Martinez believes the memecoin is poised for a 17% price shift once it breaks out […]
Bitcoin Slips Below $108K, Analyst Eyes Key MVRV Resistance at 2.93
Bitcoin is now trading at $107,838, slipping by 0.93% in the last 24 hours. But this minor dip hasn’t shaken the broader trend. Over the past month, Bitcoin has risen by roughly 14%, showing strong gains despite short-term pullbacks. On May 22, Bitcoin set a new record just below $112,000. The rise extended the bullish […]
GameStop Buys 4,710 Bitcoin, Joins Growing List of Corporate Holders
GameStop revealed a major move on May 28 by announcing it had purchased 4,710 Bitcoins. The news came from the company’s official X account. While the announcement did not include the exact purchase price or transaction dates. At the time of the disclosure, the total value of the Bitcoin acquired was approximately $513 million. The […]
Coinbase Bitcoin Exodus Suggests Institutional Buying — Next Leg Up Coming?
Bitcoin stayed close to its record high of $111,980 as exchange data pointed to unusual activity. On May 26, Coinbase saw a withdrawal of 8,742 BTC in one day. After subtracting deposits, the net outflow reached 7,883 BTC. That single-day shift was the third largest this month on Coinbase, according to CryptoQuant contributor burakkemeci. The […]