Institutions Are Moving Out Of XRP After One Month Of Inflows, Is It Time To Sell?
Institutional investors are beginning to pull capital out of XRP after a month of steady inflows, raising new questions about whether confidence in the digital asset is weakening. Lately, XRP has experienced significant volatility, sending its price crashing below $1.4. If this downtrend continues alongside capital outflows, it would not be surprising if market participants […]
Crypto platform Bullish climbs past Coinbase to become third-largest crypto exchange by spot volume
The institutional-focused exchange saw spot trading jump 62% to $76 billion in February, surpassing Coinbase’s market share.
Tom Lee: Bitcoin Passed Key Stress Test Amid Oil Volatility
Fundstrat’s Tom Lee has said that Bitcoin passed a major test after it rallied over the weekend while oil prices surged due to the ongoing conflict in the Middle East. According to him, the price action was a sign that the massive deleveraging from last October is finally behind the market, allowing Bitcoin to re-emerge […]
Bitcoin holds $70,000, starting to show relative strength versus stocks, software sector, and gold
Bitcoin is up about 7% from the Sunday lows, even as equities and gold tread water. Analysts point to seller exhaustion, shifting gold correlation and improving ETF flows.
Cosmos Health (COSM) Buys $600K in Bitcoin, Expands Digital Asset Treasury
Bitcoin Magazine Cosmos Health (COSM) Buys $600K in Bitcoin, Expands Digital Asset Treasury Cosmos Health Inc. announced it has purchased $600,000 worth of Bitcoin as part of its ongoing digital assets treasury strategy. Following the latest purchase, the healthcare company said its total investment in digital assets now stands at approximately $3.1 million, including holdings […]
XRP leverage collapses 78%, but $1.4B in ETF money still won’t leave because of Ripple’s expanding footprint
XRP’s price performance is stripping out fast-money participation while leaving behind a more durable class of holders. According to CryptoSlate’s data, XRP is trading at $1.37 as of press time, down 55% within the last six months. This comes as data from CoinGlass shows XRP’s open interest has fallen to about $2.40 billion from a […]
Bitcoin to $78K? Pro traders price in less than 17% odds of a breakout
Bitcoin remains under pressure as war and poor jobs data offset ETF inflows, shifting the $78,000 price target from late March to the coming months.
Ripple Targets $50B Valuation With $750M Buyback Amid Major Partnerships
The past 24 hours have been quite eventful for Ripple. According to Bloomberg, the company is launching a share buyback program that values it at roughly $50 billion. The company’s plan is to repurchase up to $750 million in shares from employees and investors. The tender offer is expected to run through the month of […]
TAO Explodes 9% Toward $200 Breakout as Bulls Challenge Critical Resistance
Bittensor price increased in the recent trading session as the purchase of the asset brought it closer to a major technical level. TAO was trading at $196.18, and it has risen by 9.4 percent in the last 24 hours. The change also raised its BTC pair to 0.002902 BTC which is a 9.7 percent increase […]
Shiba Inu (SHIB) Nears a Breaking Point That Might Trigger a 455% Increase
While the second-largest meme coin has been stuck in a prolonged downtrend over the past several months, some market observers believe the price may stage an impressive comeback soon. Certain on-chain factors reinforce the bullish scenario, whereas stalled activity on Shibarium suggests the bears might not give up easily. SHIB to Skyrocket? As of press […]
Tom Lee Predicts ETH ATH at $15,000 as Ethereum Activity Hits Record Levels
As the price of the pioneer crypto asset, Bitcoin (BTC), continues to try and reclaim prices above $70,000, the pioneer altcoin asset, Ethereum (ETH), also struggles to claim prices higher than the initial $2,000 price range. Amidst a tug of war of bear and bull predictions from reputed analysts, Tom Lee predicts ETH ATH at […]
Ripple’s share buyback program values the firm at $50 billion: Bloomberg
Despite the bear market, today’s report suggests a higher valuation than the $40 billion at which the firm raised funds in November.