Bitcoin BTC topped the $110,000 mark for the first time since June 11 after more than $407.78 million flowed into U.S.-listed bitcoin spot ETFs on Wednesday and before a key U.S. jobs report due later in the day. The ETF inflow boosted the lifetime tally to $49.04 billion, according to data source SoSoValue. BTC’s upswing…
IOTA is trading above $0.16, poised above the key level and likely to continue higher. However, the token remains within a broader descending triangle. A break above $0.17 will signal further gains, but a dip will bring $0.14 into play. The IOTA token’s price has surged by about 8% in the past 24 hours to…
Crypto analyst Capo of Crypto, who is currently one of the most recognizeable names in crypto spaces on social media, has sounded a warning for the market. The analyst has completely dismissed the current trajectory of the Bitcoin price and, by extension, the altcoin market, calling for only a short-lived rally. His analysis points to…
Payments-focused cryptocurrency XRP (XRP) has risen by over 3.5% in the past 24 hours, with volume in the Deribit-listed options market suggesting bullish expectations. Since July 1, higher-level July 25 call options at strikes of $3.00 and $4.00 and the Sept. 28 expiry call at the $2.80 strike have emerged as the most traded bets,…
Key takeaways Ether is up by more than 6% in the last 24 hours and briefly hit the $2,600 mark. The cryptocurrency could rally towards $2,900 amid strong technicals. ETH surges 6% to hit $2,600 Ether (ETH), the second-largest cryptocurrency by market cap, is one of the top performers among the top 10 cryptocurrencies. The…
Ethereum (ETH) has surged 7.5% in the daily timeframe to break above a key resistance level for the first time in weeks. Following its breakout, some analysts forecasted that a retest of the range highs could be around the corner. Ethereum Reclaims Crucial Area On Wednesday, Ethereum jumped over 7% from its local low to…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. The newly launched REX-Osprey Solana + Staking ETF (SSK), the first…
OpenAI publicly disavowed Robinhood’s “OpenAI tokens,” stating “we did not partner with… and do not endorse it.” Robinhood’s tokens offer indirect exposure via a Special Purpose Vehicle (SPV), not direct equity in OpenAI. Robinhood CEO Vlad Tenev defended the move as giving retail investors exposure to private assets. OpenAI, the high-profile artificial intelligence firm, has…
As Bitcoin (BTC) continues to trade within striking distance of its all-time high (ATH), a noticeable shift is underway in the cryptocurrency’s Realized Dominance metric, reflecting changes in behavior between short-term holders (STH) and long-term holders (LTH). Bitcoin Realized Dominance Shows Shift In Market Sentiment According to a recent CryptoQuant Quicktake post by contributor Crazzyblockk,…
A cryptocurrency analyst has pointed out how Pudgy Penguins (PENGU) is starting to look similar to Pepe (PEPE) did before its explosion. Pudgy Penguins May Be Following A Similar Path As PEPE In a new post on X, analyst Ali Martinez has talked about how PENGU is showing to the memecoin PEPE in its price…
