Bitcoin surged past $63,000 for the first time in two weeks, gaining 1.4% in 24 hours and 3.6% over the week, driven by supportive macroeconomic signals like cooling inflation and disappointing employment data. XRP outperformed major cryptocurrencies, jumping 5.3% to $1.18 and overtaking USDC in market cap. On-chain data shows Bitcoin's realized profit and loss ratio hit a 43-month low, suggesting a market bottom may be near. Analysts predict a potential new uptrend as Bitcoin approaches key resistance levels, with broader crypto markets also showing strength amid cautious investor sentiment.
Bitcoin briefly surged above $63,000 during thin U.S. holiday trading, driven by low liquidity rather than strong market conviction. This bounce follows a tough June marked by $4.5 billion in net ETF outflows and significant long liquidations. For th...
Binance recorded about $1.23 billion in net outflows during the week starting June 29, a 207% increase from the previous week, driven largely by Ethereum withdrawals hitting a three-year high. Analysts suggest the spike reflects accumulation near $1,...
Nearly one million investors who bought President Donald Trump's TRUMP memecoin have collectively lost $3.81 billion after the token's value plunged 97% from its peak. Despite these losses, Trump earned $636 million from the token through transaction...
Aptos fixed a critical vulnerability in its Move virtual machine that could have exposed up to $70 billion in digital assets to systemic risk, as identified by security firm Hexens. The bug, discovered in February, could have caused major disruptions...
Bitcoin's on-chain data indicates the market may be entering the final stage of its bearish phase, with the Realized P/L Ratio at a 43-month low signaling heavy losses and capitulation. Institutional demand is returning as U.S. spot Bitcoin ETFs saw ...
