Here’s How Much Of The XRP Supply That ETFs Now Control
Institutional demand for XRP is slowly creeping back in recent days. Inflows into Spot XRP ETFs in the US are picking up pace, even with price action still subdued under $1.4. Notably, the latest ETF data shows that a measurable portion of the token’s circulating supply is already being absorbed by these investment vehicles. ETFs…
Crypto Market Sees $1.1 Billion Inflows As Institutional Interest Picks Up
Morgan Stanley’s freshly launched Bitcoin exchange-traded fund pulled in nearly $62 million within its first week of trading — a debut that landed in the middle of the strongest week for crypto investment products in three months. Macro Shifts Fuel The Comeback That broader rebound was driven by more than one firm’s market entry. Crypto…
OneCoin Scam: DOJ Opens Path For Compensation With $40 Million In Forfeited Assets
The US Justice Department (DOJ) has announced a compensation process for victims of the OneCoin fraud. The funds are expected to come from property forfeited in the case, money traced back to the people behind the scheme, including co-founders Ruja Ignatova and Karl Sebastian Greenwood. The DOJ said in a Monday statement that more than…
Bitcoin Whales Ramp Up Accumulation: Holdings Hit 2-Month High
Bitcoin has approached $75,000 as on-chain data shows the whale-sized investors have pushed their supply to the highest point since mid-February. Bitcoin Whale Holdings Have Crossed 4.25 Million BTC In a new Whales” typically refer to investors holding between 1,000 and 10,000 tokens of the cryptocurrency. At the current exchange rate, this range converts to…
Bitcoin Price Breaks Higher: What The Market Data Says Could Happen Next
The Bitcoin price is bouncing back strongly amid growing hopes for a potential shift in the standoff between the US and Iran. So far, BTC has gained roughly 10% in the weekly time frame. This pushed the asset back toward the $76,000 area and briefly marked a nearly one-month high. The move appears to have…
Bitcoin Price Cools Off, Bulls Prepare for Next Leg Higher
Bitcoin price started a fresh surge and cleared the $74,200 zone. BTC is consolidating and might aim for more gains above the $75,500 level. Bitcoin managed to stay above $73,200 and started a fresh increase. The price is trading above $74,200 and the 100 hourly simple moving average. There is a declining channel forming with…
Bitcoin Price Has Not Reached Its Real Bottom, And A ‘Big Storm’ Is Coming
While others argue that the Bitcoin price has already found its bottom and could be gearing up for a bullish reversal, one crypto analyst has rejected these claims, expecting further downside instead. According to Marmot, a crypto expert on X, Bitcoin has not yet reached its true price floor. He warns that the flagship cryptocurrency…
Ethereum Price Rejected at $2,400, Is Another Breakout Attempt Coming?
Ethereum price started a fresh surge and traded above $2,365. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,220 zone. The price is trading above $2,300 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support…
‘Extremely Good News’ – XRP DeFi Momentum Builds As SEC Softens Position On Interfaces
The Securities and Exchange Commission said on April 13 that certain crypto user interfaces tied to XRP other digital assets can avoid broker-dealer registration when they stay out of custody, order routing, and trade execution. The staff statement is temporary and will be withdrawn in five years unless the Commission acts first, but it gives…
XRP Price Upside Rejected, Momentum Shifts Back to Sellers
XRP price started a downside correction from the $1.40 zone. The price is now consolidating and might aim for another increase if it stays above the $1.350 zone. XRP price started a downside correction after it failed to clear the $1.40 zone. The price is now trading above $1.350 and the 100-hourly Simple Moving Average.…