The launch of spot Bitcoin ETFs and later the Ethereum counterparts last year in the US changed the game, while Trump’s pro-crypto approach and favorable regulatory environment brought even more hope for numerous large-cap altcoins to have such financial vehicles trading on Wall Street. With over 70 applications sitting on the Securities and Exchange Commission’s […]
Digital asset investment products saw $3.4 billion in inflows last week, the largest since mid-December 2024 and ranking as the third-biggest weekly inflow ever recorded. CoinShares’ Head of Research James Butterfill suggested the shift is driven by mounting fears of tariffs impacting corporate earnings and the steep decline of the US dollar. As such, Investors […]
TL;DR Most of the cryptocurrency market has stalled over the past 24 hours, but XRP has emerged as the top gainer from the larger-cap alts. This comes amid positive news on the Ripple ETF front, albeit not what the XRP community anticipates. Bitcoin, alongside most of the market, had a quiet weekend, but prices started […]
This week, we examine Ethereum, Ripple, Cardano, Solana, and Hype in greater detail. Ethereum (ETH) Ethereum finally woke up this week with a 12% price increase, which took it to the key resistance at $1,800. Since then, ETH entered a pullback, but buyers seem determined to eventually break the current resistance and challenge the $2,000 […]
Digital asset investment products experienced modest inflows of $6 million last week, which highlighted a “mixed” investor outlook. The week started with small inflows, but mid-week data showed stronger-than-expected US retail sales, which, according to CoinShares, likely caused $146 million in outflows. According to the latest edition of CoinShares’ Digital Asset Fund Flows Weekly Report, […]
TL;DR Two of the three mentioned altcoins posted double-digit price surges over the past day, but one analyst set even higher targets for the short term. XRP, which is up by a more modest 7.5% daily, could see another 20% increase, which could drive it to $2.7. What’s In Store for XRP? $XRP appears to […]
TL;DR One of the crucial metrics showcasing the overall interest and use case of Ripple’s network has skyrocketed recently, which is in stark contrast to its recent downtrend behavior. This, alongside a few technical indicators, suggests an upcoming price surge for the underlying token. The metric in question is the number of active XRP addresses. […]
TL;DR Ripple whales have changed their attitude toward the asset by disposing of roughly $800 million worth of it since the start of the month. This concerning trend only strengthens the narrative that the SEC lawsuit closure was a typical sell-the-news event. Ripple Whales Are Selling As with all other cryptocurrencies, Ripple whales’ behavior is […]
TL;DR Despite its substantial price surge in the past several months, XRP failed to break its 2018 all-time high but came agonizingly close. It has retraced substantially since then, alongside the rest of the market, but ChatGPT believes there are certain factors that could restart its bull run. What Happened With XRP? CryptoPotato reported recently […]
TL;DR Despite the recent calamity in the crypto market, Standard Chartered reportedly forecasts a surge to $5.50 for XRP this year and $12.50 before the end of his term. While some analysts see bullish signals like an MACD breakout, others warn of a potential drop to $1.30 as the asset trades just below $2. Gigantic […]