Bitcoin traded in a narrow range between $62,000 and $65,000 last week, with on-chain data suggesting a potential recovery setup. The Supply in Profit metric indicated that downside risk might have eased, as it remained within a range that historically precedes recoveries. Short-term holder realized prices are converging but have not yet confirmed a bullish crossover, which would signal stronger demand. Meanwhile, mixed capital flows show some Bitcoin moving off exchanges, reducing immediate sell supply, but longer-term inflows suggest sellers still exert pressure, indicating Bitcoin may stay range-bound until buying demand increases.
Bitcoin is trading near $79,700, facing resistance around $81,259 after a strong 25% gain in August driven by $3.52 billion inflows into U.S. spot Bitcoin ETFs. The price could test $83,000 if it breaks above resistance but may fall to $76,206 or dee...
SpaceX aims to launch orbital data centers by late 2027 to support AI growth, but experts predict widespread use will likely occur in the 2030s. Key challenges include cooling in space, rapid tech obsolescence, and high-volume data transfer back to E...
Raydium (RAY) surged 33% in a day, breaking above $1 and reaching an 8-month peak of $1.19 before settling at $1.09. This rally was driven by a robust buyback program where 86% of protocol revenue is used to repurchase tokens, reducing market supply ...
VanEck Fabless Semiconductor ETF (SMHX) is rated a Buy due to its top holdings' strong positions across AI infrastructure, supporting robust revenue and free cash flow growth. The ETF's concentrated portfolio, with over 45% in NVIDIA, Broadcom, and A...
Goldman Sachs holds the largest XRP ETF position among U.S. institutional investors, with $87.45 million as of June 30, according to a recent 13F filing. This stake represents about 48% of the $183.5 million total declared by major financial firms, s...
