AA News Archives - Page 5 of 8

BTC and ETH Supply on Exchanges Hit Multi-Year Low: What Does This Mean?

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As the market rally continues, investor sentiment appears to be increasingly positive. This is seen in the way traders move and store their assets. Data analyzed by the market intelligence platform Santiment revealed that the supply of bitcoin (BTC) and ether (ETH) on crypto exchanges has hit multi-year lows. While this development does not guarantee […]

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Bitcoin’s Latest Rebound Signals a Healthier, More Sustainable Bull Market

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Bitcoin is currently seeing an interesting trend being played out. In fact, new data suggest that buying sentiment remains favorable for further upside, implying it may be premature to consider exiting. Though it’s hard to pinpoint when Bitcoin might top its previous high, the current on-chain and market data signals remain very “constructive.” Bitcoin Rally

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Bitcoin’s Rally Has More Room as These Crucial Metrics Align

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With crypto assets quietly moving off exchanges and important metrics pointing away from overheated conditions, the momentum seems to be far from being exhausted. Several factors are at play, which suggest a growing case for the rally’s continuation. Market Sentiment Tilts Bullish Over 3,090 BTC, which is worth approximately $325 million, were withdrawn from Binance

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GENIUS Stablecoin Bill Passes to Next Stage of Voting

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The Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, passed in a 66-32 Senate vote on May 20. “The motion to invoke cloture on the motion to proceed to the consideration of the GENIUS Act has passed,” reported Fox’s Eleanor Terrett. She added that more than 15 Democrats flipped their votes from no

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Ethereum Sees 5M Weekly Inflows Following Successful Pectra Upgrade

Ethereum Sees $205M Weekly Inflows Following Successful Pectra Upgrade

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For the fifth consecutive week, digital asset investment products attracted inflows, amounting to $785 million. This pushed total inflows for the year to $7.5 billion, eclipsing the previous high of $7.2 billion seen in February. The influx has now erased the $7 billion in outflows from the February-March downturn. Interestingly, Ethereum stood out with strong

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Vitalik Buterin Proposes Updates to Ethereum’s Scaling Strategy

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Vitalik Buterin has suggested changes to Ethereum’s scaling plan that focus on making it easier to run local nodes while still supporting Layer 1 (L1) scaling. His proposals come in response to concerns that raising the L1 gas limit could make it more difficult for users to run full nodes. Partially Stateless Nodes In a

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Unichain Nears B in Trading Volume as Users Flock to Uniswap’s Layer 2

Unichain Nears $12B in Trading Volume as Users Flock to Uniswap’s Layer 2

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As high gas fees push users toward alternative platforms, Uniswap’s recently introduced Layer 2 network, Unichain, aims to enhance user experience and maintain its competitive edge in the decentralized exchange space. In fact, the network is already nearing a $12 billion milestone in total trading volume just three months after it hit mainnet. Unichain’s Rapid

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CME Launches Ripple (XRP) Futures Today: Here’s What You Need to Know

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The Chicago Mercantile Exchange (CME) is officially launching XRP futures contracts on May 19, introducing institutional-grade derivatives for Ripple’s native token. The move marks a major expansion of CME’s crypto offering, coming soon after its Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) futures products. Breaking Down the New XRP Futures Contracts According to a notice

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Ethereum Will Outperform Solana This Bull Market: Arthur Hayes

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“I think Ethereum has a better performance outlook, mostly because it’s very hated,” said Arthur Hayes in an interview with Fortune on May 18. When asked about Ethereum versus Solana, he said, “Everyone thinks Ethereum does nothing, they haven’t done anything correctly, but it still has the most TVL, it still has the most number

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‘Digital Capitalist’ Has Hot Bitcoin Stock Tip For Q2 Investors

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Jeff Walton, a Bitcoin podcaster and Strategy investor, recently pointed out that Strategy (formerly known as MicroStrategy) is on track to join the S&P 500 Index. Strategy Could Soon Join S&P 500 Walton wrote in a post on the X app: Q2 is likely going to be the big blow out quarter on Earnings for

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