Two large Bitcoin transfers totaling 2,957 BTC worth about $186.6 million were moved from Kraken to unknown wallets, suggesting institutional investors may be accumulating rather than selling. This reduces the Bitcoin supply available for trading on exchanges, which could influence future price movements. Meanwhile, Binance top traders remain predominantly long, indicating continued bullish sentiment despite recent price dips. Bitcoin's scarcity metrics still support a positive long-term outlook, though price action will be key to confirming a sustained rally.
XRP faces resistance near $1.09-$1.20 with weak momentum and low volume, indicating uncertain direction. Bitcoin consolidates around $63,000 below key moving averages, showing no clear trend reversal yet. Cardano rallies nearly 9%, breaking above sho...
XRP exchange-traded funds (ETFs) attracted $27.29 million in net inflows in July, marking their fourth consecutive month of gains, even as XRP's price fell about 40% since January to around $1.08. Institutional interest remains strong, with cumulativ...
The crypto market faces ongoing pressure as U.S. Treasury yields climb, with the 10-year yield expected to reach 5%, signaling economic instability. Analyst Benjamin Cowen warns this could prompt the Federal Reserve to raise interest rates, making bo...
Cryptocurrency markets showed mixed performance with Bitcoin and Ethereum prices slightly declining while several major altcoins like XRP, BNB, Solana, and Dogecoin posted gains. The total market capitalization remained steady around $2.16 trillion, ...
Bitcoin's price fell sharply toward $62,000 from above $65,000, wiping billions off its market value and triggering a broad sell-off across major altcoins like Ethereum, XRP, and Solana. The total crypto market cap dropped to about $2.22 trillion, wi...
