Trump Media & Technology Group has withdrawn its registration for the Truth Social Bitcoin and Bitcoin & Ethereum ETFs, citing a "structural reset" but analysts point to intense competition, collapsing fees, and weak investor demand as the real reasons. The crowded spot bitcoin ETF market, with major players like Morgan Stanley offering very low fees, made it difficult for Trump Media to attract assets. Experts suggest Trump Media may pivot to more differentiated crypto funds under different regulatory structures instead of competing in the saturated spot bitcoin ETF space.
Bitcoin and ether are moving toward the lower end of their recent price ranges amid fading summer liquidity and increased asset correlations, according to Wintermute's OTC trading desk. Bitcoin is approaching a key support level at $59,000, considere...
Bitcoin has been trading below $70,000 for about three weeks, with recent whale purchases totaling over $43 million failing to push the price above $65,000. Large investors, or whales, have dominated market activity since early June, but their buying...
Shiba Inu (SHIB), XRP, and Bitcoin (BTC) are experiencing downward pressure with prices struggling to recover key support levels, indicating continued bearish trends. SHIB is below major moving averages and near critical support, XRP is failing to re...
Bitcoin price confirmed a bearish head-and-shoulders breakdown, falling below the $60,000 support zone and targeting a potential decline to around $57,500. This drop follows over $600 million in crypto liquidations, weak institutional demand, and eas...
Worldcoin (WLD) has fallen 22% in under a week following a broader crypto market sell-off that also saw Bitcoin drop over 3%. Despite recent losses and bearish momentum signals, WLD has established important support levels around $0.4748, $0.4162, an...
