Bitcoin's daily RSI indicates a bullish divergence, suggesting a potential rally toward the 20-day EMA near $62,000. A daily close above this level could lead to further gains toward $66,340 and $70,000. However, the broader bearish pattern remains intact, with a risk of decline to $51,400 if the rebound fails. Investors should watch for confirmation before assuming a trend reversal.
BlackRock has chosen not to launch XRP or other altcoin ETFs, concentrating instead on Bitcoin and Ethereum, which it views as more liquid and profitable. Industry experts consider this a risky move, but BlackRock prefers to wait until the XRP ETF ma...
In the week ending August 21, U.S. spot Bitcoin and Ethereum ETFs recorded their strongest combined inflows of 2026, totaling about $2.6 billion, with Bitcoin ETFs attracting $1.9 billion and Ethereum ETFs $697.2 million. This surge coincided with in...
A small portion of Bitcoin previously seized from the FTX/Alameda complex has been transferred again, stirring market attention. Despite this Alameda-related selling, Bitcoin shows strong resilience with a 25% rally in August and ongoing institutiona...
Bitcoin fell below $78,000 following the US July PCE inflation reading of 3.7%, which was higher than the expected 3.6%. This inflation data also caused declines in traditional markets like equities and gold. Despite the pullback, CryptoQuant signals...
Bitcoin stabilized around $78,000 after a recent pullback from over $81,000, amid the U.S. SEC's progress on updating crypto custody regulations. The SEC's proposed rule changes, now under White House review, aim to clarify how investment advisers an...
