Bitcoin traded near $77,500 on August 29 after US spot Bitcoin ETFs experienced $201.9 million in net outflows, ending a nine-session streak of inflows. The price dropped 2.9% in 24 hours but held support around $77,000. Analysts identify $72,000–$74,500 as the next key buying zone if support fails. The outflows followed Federal Reserve Chair Kevin Warsh's speech signaling persistent inflation and cautious monetary policy, which pressured risk assets including Bitcoin. Despite short-term weakness, daily technical indicators remain broadly bullish, with Bitcoin trading within a $72,441–$83,939 range. The market awaits a move above $80,000 to confirm recovery or a drop below $72,441 to signal a bearish shift.
ProShares has filed with the SEC to include a standard XRP ETF alongside its existing leveraged XRP fund, marking a broader integration of XRP products in the U.S. market. The leveraged ProShares Ultra XRP ETF, which targets twice the daily XRP perfo...
Mastercard has expanded its involvement in the XRP Ledger ecosystem by sponsoring an upcoming XRP Ledger Hackathon in New York, highlighting its growing interest in Ripple-linked infrastructure. This comes as XRP struggles to maintain gains from a sh...
XRP experienced a sharp rally in August, gaining 43.7% in one week, supported by strong Korean trading and positive U.S. ETF inflows totaling $77.47 million. Despite a recent pullback to around $1.39 from a high near $1.45, institutional demand remai...
Demand for memory chips like HBM and DRAM is outpacing supply due to expanding AI infrastructure, keeping prices elevated through at least 2027. Leading memory producers such as Micron, Samsung, and SK hynix, who dominate the HBM market and hold mult...
CVB Financial Corp. is rated BUY due to anticipated earnings growth by 2027, driven by its acquisition of Heritage Bank and expansion of branches in Northern California. The company benefits from strong Bay Area demographics, a solid loan pipeline, a...
