Ether (ETH) is trading near $3,300, and one futures market trend points to another 10% to 25% upside move. However, the market may first see a liquidation-driven price dip before any sustained rally develops. Key takeaways: Ether’s Leverage Ratio is near 0.60, a level that has historically preceded 10% to 25% rallies after short pullbacks. … Read more
Social media buzzed this week after Bitcoin blocks 932129 and 932167 were mined without an immediately visible pool tag, prompting speculation that a solo miner had struck it rich, a familiar “Bitcoin lottery” narrative that briefly captured the market’s attention. The excitement, however, had less to do with the blocks themselves than with what their … Read more
Coinbase CEO Brian Armstrong has weighed in on the future of a cryptocurrency market structure bill under consideration in the US Senate less than 24 hours after he said the exchange could not support the current version of the legislation. In a Thursday CNBC interview in the US Capitol building, Armstrong spoke after posting on … Read more
Chicago-based derivatives exchange CME Group is moving to deepen its exposure to altcoins as demand for regulated crypto products continues to expand in the United States. CME Group said Thursday that it plans to list futures contracts tied to Cardano (ADA), Chainlink (LINK) and Stellar (XLM) on Feb. 9, pending regulatory approval. The proposed contracts … Read more
Data shows Bitcoin’s (BTC) largest holders reaccumulating coins after a period of heavy distribution. Data indicates that whale balances have turned higher following the sharpest selloff since early 2023, while the mid-sized holders continue to reduce exposure. Key takeaways: Whale addresses added 46,000 BTC this week, turning the one-year net change positive for the first … Read more
Three Democrats in the House of Representatives are asking US Securities and Exchange Commission (SEC) Chair Paul Atkins to provide information related to the agency closing investigations or dismissing enforcement actions in “at least one dozen crypto-related cases,” including Tron founder Justin Sun. In a Thursday letter to Atkins, Representatives Maxine Waters, Brad Sherman and … Read more
Key takeaways ETF flows reveal real institutional demand beyond short-term price moves. Bitcoin treasury stocks can turn BTC exposure into an equity risk shaped by index rules. Low fees are reviving questions about how Bitcoin may pay for its long-term security. Scaling now means choosing between Lightning, L2 designs and protocol upgrades. Everyone’s watching Bitcoin’s … Read more
Bitcoin’s price climbed back above $97,000 this week, supported by a sustained return of capital into US spot Bitcoin exchange-traded funds, data and market watchers say, suggesting a structural shift in demand after months of sideways trading. Since the start of the year, US spot Bitcoin (BTC) ETFs have collectively attracted nearly $1.5 billion in … Read more
XRP’s technical and onchain signals hint at a bullish breakout, with bulls eyeing a significant rally toward $2.80 by the month’s end. XRP’s (XRP) price may reach $2.80 by month’s end, according to several bullish technical setups on multiple time frames. Key takeaways: XRP technical chart setups converge on the $2.80 target. Spot taker CVD … Read more
Bitcoin halted its bullish BTC price rebound to dip below $96,000 on news that Middle East geopolitical tensions were easing. Bitcoin (BTC) sold off at Thursday’s Wall Street open as traders eyed the next key support levels. Key points: Bitcoin support levels come into play as the US trading session starts with a correction. Various … Read more