Cryptocurrency News

Bitcoin ETFs Bleed for 4th Straight Day, But Big Players Still Buying

Bitcoin ETFs Bleed for 4th Straight Day, But Big Players Still Buying

Key Notes Bitcoin spot ETFs face four consecutive days of net outflows. Institutions continue buying the dip, with Vaultz Capital adding 47.85 BTC today. Analysts remain divided on short-term price action but see long-term growth. The US Bitcoin spot ETFs recorded net outflows of $196 million on Aug. 5, extending a losing streak to four […]

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XRP Price Tanks Below , Analyst Sees More Pain Coming

XRP Price Tanks Below $3, Analyst Sees More Pain Coming

Key Notes XRP dropped below $3, wiping over $5 billion in market cap. Analyst sees key support forming near $2.40. Whale selloff and MVRV death cross raised red flags. XRP XRP $2.95 24h volatility: 2.9% Market cap: $174.81 B Vol. 24h: $5.04 B price has recently dropped below its key psychological support of $3, falling

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Michigan Pension Fund Triples Bitcoin ETF Holdings to 300,000 Shares as Institutional Adoption Accelerates

Michigan Pension Fund Triples Bitcoin ETF Holdings to 300,000 Shares as Institutional Adoption Accelerates

Key Notes Michigan pension fund expanded ARK Bitcoin ETF position from 100K to 300K shares, signaling institutional crypto adoption growth. State legislators introduced four bills in May to create comprehensive crypto regulatory framework including mining initiatives. Bitcoin’s technical indicators show bearish crossover signals with RSI at 44, creating potential downside risk toward $110K levels. The

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Shiba Inu (SHIB) Price Holds Key Support as Bulls Fight Back Amid Market-Wide Selloff

Shiba Inu (SHIB) Price Holds Key Support as Bulls Fight Back Amid Market-Wide Selloff

Key Notes Trading volumes surged nearly 40% from $154 million to over $215 million indicating strong dip-buying interest among investors. Futures trading volume jumped 25% with positive long-short ratios reflecting bullish sentiment for potential price recovery ahead. Technical indicators show mixed signals with RSI at 45.61 recovering from oversold conditions while moving averages suggest bearish

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Large-cap alts: LTC gains 12%, XRP at key level, SOL lands double institutional buy

Large-cap alts: LTC gains 12%, XRP at key level, SOL lands double institutional buy

Litecoin leads today’s gainers with a 13% jump, renewing interest in large-cap alts. XRP bulls should defend $3.0 to prevent significant dips. Two firms have purchased Solana worth over $23 million. Digital tokens recorded minor price actions on Tuesday as the global cryptocurrency market cap soared 0.15% the past day to $3.73 trillion. Meanwhile, Litecoin

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Coinbase to Raise B via Convertible Senior Notes Offering

Coinbase to Raise $2B via Convertible Senior Notes Offering

Key Notes Coinbase announced a proposed private offering of $2 billion in convertible senior notes. The funds are for general corporate purposes, including potential acquisitions and debt repayment. The offering includes capped call transactions to reduce potential stock dilution for shareholders. Coinbase Global, Inc. has announced its plan to offer $2 billion in convertible senior

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AAVE daily fees skyrocket 200%, signaling lending market recovery

AAVE daily fees skyrocket 200%, signaling lending market recovery

Aave’s daily fees increased by around 200% within the last three months. They hit multi-month peaks of over $3 million per day, indicating intensified borrowing. The surge reflects reinvigorated DeFi lending interest. Aave continues to dominate the DeFi lending market, this time attracting attention with serious figures. CoinGecko data shows daily fees on the blockchain

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Changpeng Zhao Says US Banks Can No Longer Restrict Crypto

Changpeng Zhao Says US Banks Can No Longer Restrict Crypto

Key Notes Binance founder CZ called the proposed order a major breakthrough for US crypto policy. CZ stated it could help end US correspondent banks’ historical practice of blocking fiat transactions related to crypto. The order follows increased scrutiny over crypto-related debanking, such as Gemini’s claims against JPMorgan. Binance founder Changpeng Zhao praised the latest

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Trump to Put Banks on Notice Over Crypto Debanking

Trump to Put Banks on Notice Over Crypto Debanking

Key Notes Trump plans to sign an executive order targeting banks for politically biased debanking practices. The directive would probe alleged discrimination against crypto firms and conservative groups. Crypto executives have accused Biden-era regulators of pushing banks to sever crypto ties. President Donald Trump is reportedly preparing to sign an executive order with major implications

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Whales Keep Buying ETH, Ethereum ETFs Keep Selling

Whales Keep Buying ETH, Ethereum ETFs Keep Selling

Key Notes On-chain data shows the emergence of three massive ETH wallets. ETH-based ETFs have already recorded over $600 million in outflows in two days. The crypto market is facing resistance at $3.75 trillion. Ethereum ETH $3 626 24h volatility: 2.0% Market cap: $437.64 B Vol. 24h: $29.62 B rally from $2,500 to over $3,900

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