The crypto market is once again filled with speculation over whether Bitcoin has reached its cycle bottom. Recent exchange shutdowns have been fueling a popular narrative that such failures are a sign of a market turning point. Crypto analyst Joao Wedson, however, said the data does not support that conclusion. Debunking Popular BTC Bottom Theory […]
The investment banking giant has begun trading for the Morgan Stanley Ethereum Trust (MSSE) and the Morgan Stanley Solana Trust (MSOL) on NYSE Arca on July 28. Both funds are priced at a 0.14% expense ratio, which undercuts every rival ETH and SOL product on the US market, as CryptoPotato covered the amended filings that […]
Crypto markets have ticked up this Monday morning as investors brace for a volatile week ahead, with all eyes on the US central bank. Meanwhile, Iran said it will halt its attacks as long as the United States does the same, a senior Iranian official told Reuters on Sunday. The US paused its bombing campaign on […]
After gaining several grand and peaking at $67,000 earlier this week, bitcoin faced an immediate rejection and dipped below $64,000, where it currently struggles. Most larger-cap alts are also in the red on a daily scale now, with ETH slipping to $1,850, XRP fighting for the $1.10 support, and ZEC dropping by 6%. BTC Falls […]
After a violent eight-week streak with nothing but substantial withdrawals, the spot Bitcoin ETFs changed their course in the middle of July and now extended their recovery period with another green performance. However, the funds tracking the largest altcoin managed to beat the market leader in terms of weekly net inflows. BTC ETF Green Wave […]
Crypto markets remained relatively flat over the weekend with low volatility and total capitalization hovering around $2.3 trillion. Nevertheless, military action in the Middle East has continued with the US Central Command reporting on Sunday that it was conducting a new wave of strikes against Iran for the ninth consecutive night. “The strikes will continue […]
Bitcoin continues with its gradual weekend climb and has neared $65,000 after bouncing from $63,700 yesterday. Most larger-cap alts have remained still over the past 24 hours, which is why we will focus on their weekly moves, where ZEC, CRO, LTC, and ONDO stand out. Can BTC Reclaim $65K? The previous weekend was also quite […]
The Bitcoin treasury company Strategy offloaded 3,588 BTC last week for approximately $216 million. The asset briefly plunged below $61,500 before recovering quickly. While the sale initially drew attention, the decision to sell more of the cryptocurrency could be a positive step that strengthens confidence in the company’s financing structure, according to Grayscale Research Head […]
The last trading day of the previous business week finally brought some more net inflows rather than consistent outflows for the spot Bitcoin ETFs in the United States. The products tracking the world’s largest altcoin had even more to celebrate at the end of the week, but still closed in the red. The Good and […]
Although July has only just begun, the past seven days brought some much-needed and long-awaited relief to the cryptocurrency market, even if the overall sentiment remains nothing but fragile. Last week at this time, Bitcoin was still struggling around the $60,000 mark after the painful correction that was charted in June. The cryptocurrency spent the […]