Altcoin-focused funds attracted about $90 million in inflows last week, with XRP leading the charge, signaling a potential broadening of institutional interest beyond just Bitcoin and Ethereum. Wealth coach Kamilah Stevenson highlighted that this trend might indicate investors are starting to view crypto as a diverse asset class rather than a Bitcoin-centric trade. However, she cautioned that for this to be a lasting shift, inflows must persist across various market conditions and multiple assets. The development is significant as it suggests several firms may have completed internal reviews to approve a wider range of digital assets for investment.
Nasdaq-listed micro-cap AIxCrypto Holdings (AIXC) is liquidating its entire cryptocurrency portfolio, including Bitcoin, Ethereum, and Solana, after recording an unrealized loss of about 50%. The company filed an amendment with the SEC on September 4...
XRP token prices rose by about 7% to 8%, but several smaller U.S. spot XRP ETFs surged even higher, gaining 16% to 17%. This created an unusual short-term pricing gap between the ETFs and the underlying XRP token. The widening liquidity gap highlight...
XRP price surged past a descending 4-hour channel at $1.37, reaching near $1.45 and testing resistance between $1.50 and $1.53. Momentum remains strong but cautious, with the 14-day RSI at 66.22, below overbought levels. Key upcoming catalysts includ...
Bitcoin surged above $82,000 on September 3 after $250 million in short positions were liquidated, triggering a $758 million total crypto market liquidation dominated by shorts. This short squeeze fueled a 21% rally in Zcash and notable moves in Ethe...
XRP is at a crucial price point, trading around $1.45 with resistance between $1.41 and $1.43. A sustained move above the mid-tier Bollinger Band at $1.40 could push XRP toward its near-term target of $1.97, close to January levels. Strong support ex...
