Bitcoin has recently broken above a six-day downtrend and is gaining momentum, with analysts hopeful it could surpass $65,000 this week. However, many investors are rotating back into gold, both in traditional and tokenized forms, which has limited Bitcoin's progress. Despite the Federal Reserve's planned $17 billion liquidity injection that could support risk assets including Bitcoin, stablecoin outflows indicate money is still leaving crypto. For Bitcoin to break above $70,000, significant on-chain liquidity inflows are needed, but strong demand for gold as a safe haven may continue to cap Bitcoin's rise.
Chainlink (LINK) surged 15% over the past week, breaking through the $9.04 resistance to reach $9.56, supported by a 123% spike in trading volume and a 16% rise in derivatives open interest. Large transactions hit a five-month high, with major holder...
Zoom Communications is rated a buy due to its attractive 15.6 price-to-earnings ratio and potential 28.5% stock price increase to $136.20 per share. The company has expanded beyond video meetings by integrating AI and enhancing its enterprise offerin...
On August 17, Ripple minted 10 million RLUSD stablecoins on the XRP Ledger, increasing the circulating supply to approximately 1.711 billion tokens with a market cap near $1.71 billion. This minting confirms token issuance but does not prove immediat...
Bitcoin rose above $64,000 during Asian trading despite a nearly 3% weekly decline, with most major cryptocurrencies also down except Hyperliquid's HYPE token, which gained 9% weekly. The U.S. dollar weakened, influenced by disappointing retail sales...
Solana (SOL) price stabilizes around $75.55, supported by seven weeks of positive ETF inflows totaling $10.26 million last week, signaling sustained institutional interest. The token faces critical resistance between $78 and $80, which it must surpas...
