A record 1.26% of XRP's total supply, worth about $1.1 billion, is now locked in U.S. spot ETFs, reducing available market supply and establishing a strong institutional floor. Despite this, XRP's price remains stuck below the $1.50 resistance level, trading sideways between $1.3 and $1.5 for 75 days. The ETF inflows have not yet triggered a price breakout, but the locked supply could fuel a strong upward move if market momentum shifts. Investors appear focused on long-term holdings, with the next price trigger likely depending on renewed ETF inflows or outflows signaling profit-taking.
Veteran trader Peter Brandt has identified a potential "inverted head and shoulders" bottom pattern in Bitcoin's price, suggesting a possible shift in momentum. However, he cautions that the pattern is unconventional and not yet confirmed. Meanwhile,...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
Bitcoin held steady around $65,500 while Ethereum surpassed $1,900 for the first time since February, amid softer-than-expected inflation data that boosted stock markets. Despite geopolitical tensions with Iran, investors showed cautious optimism, wi...
Ripple executives urged the U.S. Senate to pass the CLARITY Act, warning that rejecting the bill would maintain regulatory gaps exposing crypto users to risks similar to the FTX collapse. The Act aims to clarify oversight by sharing authority between...
