BlackRock’s Bitcoin Bet Pays Off: IBIT ETF Breaks $100 Billion Barrier

According to statements made on CNBC, BlackRock’s spot Bitcoin ETF, IBIT, has topped $100 billion in assets under management less than two years after it launched. That figure marks one of the fastest rises for any ETF in recent memory. It also puts the world’s largest asset manager squarely at the center of institutional Bitcoin… Continue reading BlackRock’s Bitcoin Bet Pays Off: IBIT ETF Breaks $100 Billion Barrier

Corporate Bitcoin Holdings Cross 1M BTC: Over 176K BTC Added In Q3

Bitcoin is facing a pivotal moment after last Friday’s flash crash briefly sent prices tumbling to the $103,000 level, shaking market confidence before a swift recovery. The leading cryptocurrency has since stabilized, consolidating below the $115,000 mark as traders and institutions reassess short-term momentum. While volatility has returned, on-chain and institutional data continue to show… Continue reading Corporate Bitcoin Holdings Cross 1M BTC: Over 176K BTC Added In Q3

Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Sony is making strides to enter the crypto banking sector through its financial arm, Sony Bank, as the Japanese group has recently submitted an application to US regulators for a national banking charter via its subsidiary, Connectia Trust.  This move signifies Sony’s intent to engage in various cryptocurrency-related activities, which include the issuance of US… Continue reading Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

Why This Pundit Believes It’s “Game Over” For XRP Following The Crash

The recent market-wide crash that sent the XRP price tumbling to $1.2 before an immediate rebound has left traders wondering whether the worst is over. Crypto analyst Steph, in a detailed technical analysis shared on X, noted that the latest move could be an important turning point for XRP. Although his outlook acknowledges the possibility… Continue reading Why This Pundit Believes It’s “Game Over” For XRP Following The Crash

Bitcoin Whale Closes $197M Short, But The Game Might Not Be Over

Bitcoin continues to hover around the $112,500 level, with volatility persisting across the market following last week’s historic crash. According to on-chain data, short-term holders (STHs) remain under heavy pressure, showing clear signs of panic. The STH realized price, a metric that tracks the average cost basis of recent buyers, indicates that many traders are… Continue reading Bitcoin Whale Closes $197M Short, But The Game Might Not Be Over

Analyst Says Be Concerned About XRP Price When This Starts Happening To 3-Day Candles

The XRP price has been exhibiting a complex pattern of consolidation and retracement for weeks. However, according to prominent market analyst Egrag Crypto, there’s a critical signal to watch for that could determine whether the cryptocurrency’s bullish narrative remains intact or not. The expert’s analysis, shared on X social media, highlights that the behaviour of… Continue reading Analyst Says Be Concerned About XRP Price When This Starts Happening To 3-Day Candles

XRP Price Eyes Key Upside Break – Can Bulls Finally Regain Control?

XRP price started a fresh increase above $2.50. The price is now showing positive signs and could aim for more gains above the $2.620 level. XRP price is attempting a recovery wave above the $2.50 zone. The price is now trading above $2.50 and the 100-hourly Simple Moving Average. There is a key bearish trend… Continue reading XRP Price Eyes Key Upside Break – Can Bulls Finally Regain Control?

Bitcoin Crash Unlike LUNA & FTX Collapses, Says Glassnode: Here’s Why

On-chain analytics firm Glassnode has explained how the latest Bitcoin selloff is different from the LUNA and FTX crashes of 2022. Bitcoin Supply In Profit Trend Is Structurally Different For The Latest Crash In a new Percent Supply in Profit to make the comparison. This on-chain indicator measures, as its name suggests, the percentage of… Continue reading Bitcoin Crash Unlike LUNA & FTX Collapses, Says Glassnode: Here’s Why

Dogecoin (DOGE) Resilient Above $0.20 – Can Momentum Shift Toward Fresh Upside?

Dogecoin started a fresh increase above the $0.20 zone against the US Dollar. DOGE is now consolidating and might aim for more gains if it clears $0.2180. DOGE price started a fresh upward move above $0.20 and $0.2050. The price is trading above the $0.20 level and the 100-hourly simple moving average. There is a… Continue reading Dogecoin (DOGE) Resilient Above $0.20 – Can Momentum Shift Toward Fresh Upside?

What’s Driving The Drop? Bitcoin, Ethereum, And XRP Struggle Amid Market Uncertainty

After beginning the week above the critical $115,000 mark, Bitcoin (BTC) and the broader cryptocurrency market initially showed signs of recovery. However, BTC has resumed its downward trajectory, experiencing a 4% decline over the past 24 hours. This downturn has had a cascading effect on other altcoins, particularly Ethereum (ETH) and XRP. BTC, ETH, XRP’s… Continue reading What’s Driving The Drop? Bitcoin, Ethereum, And XRP Struggle Amid Market Uncertainty