The major streak that began at the beginning of the month for the spot XRP ETFs continued in the past week, as investors poured in over $60 million in net inflows for the first time in several months. At the same time, the underlying asset tried to break out again, only to be stopped at […]
The Senate Banking Committee voted 15-9 on Thursday to move forward on the CLARITY Act, a crypto market structure proposal that has been the subject of debate for a while now. Nevertheless, just ahead of the vote, the Bank Policy Institute (BPI) put out a series of tweets on X about illicit crypto flows hitting […]
Bitcoin’s recent recovery attempt appears to be losing momentum as the market once again received notable rejection below the $80K mark. The repeated inability to sustain gains above key thresholds suggests sellers remain dominant, increasing the likelihood of another corrective phase in the short term. Bitcoin Price Analysis: The Daily Chart On the daily timeframe, […]
Although Ripple’s cross-border token couldn’t continue its run that began on Thursday, it still managed to result in an impressive peak for the overall usage of the ecosystem’s network. Meanwhile, analysts noted that certain investors are “quietly buying long positions,” as the asset remains below the key 100 EMA line. Network Usage Rocketed as Price […]
The cryptocurrency industry has certain negative aspects, such as the growing number of bad actors trying to exploit victims following popular projects with giveaway or airdrop scams by typically impersonating key members of their teams. Pi Network’s only official X channel decided to issue an important clarification on how the vast number of users can […]
XRP is trading at $1.43, rising above the most technically significant resistance cluster it has faced in months. The price has simultaneously broken the 100-day MA and the descending channel’s upper boundary on the USDT pair, while the BTC pair breaks above a short-term resistance level. For the first time this cycle, both pairs are […]
Although there’s still a lot of work to be done to become law, the highly anticipated CLARITY Act finally passed the Senate Banking Committee a few days ago, which was a significant step in the right direction. The effects in the crypto market were immediate but didn’t last long, and analysts at Santiment warned that […]
Ethereum is trading above $2.2k as the third week of May gets underway. The asset is on the lower end of its range over the past two weeks after another rejection. The aggressive long positioning that had built up into the $2.4k resistance zone has been unwound, and the price chart indicates that more consolidation […]
It was late 2021 when the self-proclaimed Dogecoin killer shocked the crypto world with a massive price surge, pushing its market capitalization above $40 billion. However, that peak was short-lived, and Shiba Inu headed south before staging an evident resurgence in 2024 (though it did not reach its historical peak). The past year has been […]
Around 25,000 Bitcoin options contracts will expire on Friday, May 15, with a notional value of roughly $2 billion. This event is small, so it is unlikely to have any impact on spot markets. Crypto prices took a mid-week dip following the US inflation report, but have started to recover a little on Friday, with […]