70% Decline In Corporate Crypto Treasury Buying: What’s Going On?
A recent report from Bloomberg has unveiled a striking decline in corporate investment in crypto treasuries, highlighting a significant shift in this new trend that has considerably taken the market by storm throughout the year. Purchases by publicly traded digital-asset treasuries have plummeted dramatically, from 64,000 Bitcoin (BTC) in July to just 12,600 in August,…
Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
Tether, the issuer of the world’s largest stablecoin by market capitalization and trading volume, USDT, is reportedly seeking to raise between $15 billion and $20 billion through a private placement, potentially elevating the company’s valuation to around $500 billion. As recent reports highlighted on Tuesday, this ambitious financial maneuver could position Tether alongside some of…
BlackRock Leads Spot ETH ETF Inflows With Over $500M, Ethereum Possibly On Track To $5,000
Ethereum’s institutional narrative is strengthening as US-based Spot ETF trackers witnessed another week of inflows last week. BlackRock’s ETHA fund captured the majority of this activity with more than half a billion dollars in new investments, while other ETFs struggled with minor outflows. At the same time, technical patterns are aligning with this buying pressure,…
XRP Needs To Defend $2.98 Support To Avoid Deeper Correction – Details
XRP has failed to maintain bullish momentum after pushing as high as $3.13 during the week. At the time of writing, XRP is trading around $3.00 and testing its resilience above this level after sliding alongside Bitcoin. The resulting price action is a defining moment for XRP’s short-term trend, according to technical analysis, and crypto…
Shiba Inu Joins The Ranks Of Dogecoin, XRP On Coinbase ETF Watchlist – The Next Big Thing?
Shiba Inu is now entering the same space as some of the largest cryptocurrencies when it comes to discussing exchange-traded funds (ETFs). The SHIB coin is starting to gain notice as it appears on Coinbase’s radar. Coinbase already offers a futures product for Shiba Inu, and this step positions the meme coin for consideration as…
As XRP Grabs Headlines, Can Cardano Price Surge Toward $100?
While tokens like XRP dominate headlines amid rising gearing up for a massive breakout. The big question now is whether the cryptocurrency has the momentum to reach a $100 milestone. Why A $100 Cardano Price Remains A Distant Goal Cardano’s price action has generated significant interest in recent months, as analysts from Changelly attempt to…
Crucial Ten Days Ahead For Crypto: Will They Ignite Mega Altcoin Season?
As Bitcoin (BTC) leads the ongoing consolidation phase in the crypto market, analysts are closely watching the next ten days as a pivotal time for both altcoin season and a potential new market rally. Analysts from The Bull Theory, a crypto research firm, have emphasized the significance of this upcoming period, suggesting it could determine…
Dogecoin Breaks Out With A 32% Surge: Time To Buy Or Too Late To Chase?
Dogecoin’s recent move has put traders on edge and split opinion across markets. Prices leapt this week as news and big trade flows pushed the token higher, creating a fresh round of buy-or-hold debates on trading desks and crypto chat rooms. ETF Launch Faces New Delay Based on reports, the eagerly watched US DOGE ETF…
Here’s How The Bitcoin Price Macro Correction Could Play Out Next
Despite experiencing a significant bullish momentum. For now, Fibonacci zones, Elliott Wave structures, and Relative Strength Index (RSI) behaviour align to build a critical narrative around BTC’s price direction. Possible Scenarios For Bitcoin Price Macro Correction On Friday, Casitrades explained in an X social media post that Bitcoin’s recent price surge has tested the 0.5…
Crypto Pundit Gives Reasons Why Investors Should Be Extra Bullish On XRP
Many crypto analysts and investors are very bullish on XRP, providing lofty price targets. However, Austin Hilton, a popular crypto commentator, has declared that investors are not bullish enough on XRP, while also admitting that he too had underestimated the token’s true potential. His latest outlook is that XRP’s price upside is far greater than…