Bitcoin Gold Rush 2.0? Treasuries Swell With 60 New Players
Companies around the globe made 60 Bitcoin announcements in five days, signaling a surge in corporate interest. Between June 9 and 13, companies added thousands of BTC to their balance sheets and revealed plans for billions more. This week’s activity shows that more businesses are treating Bitcoin like any other financial asset. Six New Bitcoin…
What Are The Implications For XRP If Ripple Captures 14% Of SWIFT’s Volume?
A recent analysis by a crypto market expert has reignited interest in XRP’s potential utility, especially in the context of Ripple capturing a portion of SWIFT’s global transaction volume. According to the expert, if Ripple secures just 14% of SWIFT’s market share, the implications for XRP’s supply and potential could be significant. XRP’s Potential If…
Bitcoin Whale And Retail Inflows To Binance Fall To Cycle Lows, More Upside Ahead?
As Bitcoin (BTC) reels amidst escalating geopolitical tensions between Israel and Iran – dropping from $110,530 on June 9 to just above $106,900 today – concerns are mounting that BTC’s upward momentum may have stalled. However, on-chain data suggests that both Bitcoin whales and retail investors still anticipate further upside for the leading cryptocurrency. Bitcoin…
Dogecoin Must Hold This Level—Or Risk A 30% Price Crash
An analyst has explained how Dogecoin might have to hold strong above this level, if the memecoin has to avoid a 30% price drop. Dogecoin Is Currently Trading Inside A Symmetrical Triangle In a new technical analysis (TA) perspective. Below is the graph in question, showing the trend in the 1-day price of the memecoin.…
Bitcoin To $140,00 In 50 Days? Bitwise Bets On War Rally
Bitwise Asset Management’s European research arm argues that the sharp sell-off that followed last week’s military escalation between Iran and Israel is likely to give way to a powerful relief rally in Bitcoin, echoing the cryptocurrency’s behaviour after earlier geopolitical shocks. In its 16 June weekly newsletter Bitwise Europe points to a “Chart of the…
Bitcoin Price Struggles for Momentum Amid Rising Global Conflict Fears
Bitcoin price started a fresh increase and tested the $108,800 zone. BTC is struggling to rise further and is correcting gains below $108,000. Bitcoin started a fresh increase above the $107,000 zone. The price is trading above $106,800 and the 100 hourly Simple moving average. There was a break below a bullish trend line with…
Record‑High Ethereum Open Interest Signals Institutional Confidence
Ethereum (ETH) grabbed fresh attention on June 16 as futures open interest climbed to a yearly high of $36.56 billion. Prices bounced back above $2,600 and hovered near a key resistance level that has held for months. Traders piled into new positions, setting the stage for a big move in either direction. Futures Open Interest Hits Yearly…
Ethereum Price Shows Weakness, Eyes Key Support as Bears Loom
Ethereum price attempted a fresh increase above $2,600. ETH is now trimming gains and might struggle to stay above the $2,500 support. Ethereum started a fresh decline below the $2,600 level. The price is trading below $2,575 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,525 on…
Crypto Funds Hit With Record Outflows, But Altcoin Buyers Smell Opportunity
Crypto asset investment products experienced another challenging week as capital outflows continued for a second consecutive period. According to the latest report from CoinShares, a total of $584 million exited crypto-focused investment vehicles, pushing the two-week cumulative outflows to $1.2 billion. This movement coincides with investor uncertainty surrounding the likelihood of interest rate cuts by…
XRP Price Climbs Higher — Is It Finally Turning Attractive to Bulls?
XRP price started a fresh increase above the $2.20 zone. The price is now correcting gains and might find bids near the $2.2150 zone. XRP price started a decent upward move above the $2.20 zone. The price is now trading above $2.20 and the 100-hourly Simple Moving Average. There is a key bullish trend line…