Bitcoin remained stable around $64,000 despite global stock markets reaching new highs driven by enthusiasm for AI-related shares. Ether was the only major cryptocurrency to decline over the week, falling about 2%. The market showed little reaction to cheaper oil prices and easing interest rate expectations, suggesting internal crypto market factors are limiting gains. Investors are watching closely for a potential agreement to reopen the Strait of Hormuz, which could be a key catalyst for crypto markets if confirmed.
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...
