Bitcoin surged above $81,000 and Ethereum rose over 2% following the Senate Banking Committee's advancement of the Clarity Act, which is expected to improve crypto regulation and boost institutional adoption. XRP saw a notable 6% increase, reflecting growing market optimism. Despite some trader liquidations, inflows into Bitcoin and Ethereum ETFs remain strong, signaling continued investor interest. Analysts highlight Bitcoin's strong support levels and potential to reach higher price targets if momentum continues.
Bitcoin surged over $2,000 in four hours on May 14, breaking above $82,000 and triggering a $145 million short squeeze. This rally followed a volatile session impacted by U.S. inflation data and was boosted by optimism around President Trump's China ...
CME Group plans to introduce Nasdaq CME Crypto Index futures on June 8, pending regulatory approval. This new market-cap weighted product offers institutional investors exposure to seven major cryptocurrencies, including XRP, Bitcoin, Ethereum, Solan...
Mark Yusko, founder of Morgan Creek Capital, believes Bitcoin has likely bottomed near $60,000 despite recent $630 million Bitcoin ETF outflows, which he attributes to institutional arbitrage rather than investor panic. He warns that broader market r...
Metaplanet reported a $750 million net loss in Q1, mainly due to the crypto market downturn affecting its Bitcoin holdings. The company planned to issue preferred stocks to fund Bitcoin purchases and reduce share dilution, similar to Strategy's succe...
CME Group has included XRP in its new Nasdaq Crypto Index, joining Bitcoin, Ether, and other major altcoins. This move coincides with CME's transition to 24/7 crypto trading starting May 29, enhancing liquidity and market access. XRP's inclusion mean...
