Gold prices reached a record high on Feb. 20, driven by fears of a global trade war due to U.S. President Donald Trump’s tariff threats, which increased safe-haven demand for the metal. Spot gold rose to $2,936.38 an ounce, with an earlier peak of $2,954.69, marking its tenth record high this year. U.S. gold futures […] Source CryptoX Portal
Day: February 21, 2025
Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore
Este artículo también está disponible en español. Ethereum has been attempting to reclaim the $2,800 level for days, but bears continue to apply selling pressure, keeping the price below this key resistance. Despite this, demand remains strong, with bulls successfully holding ETH above the crucial $2,600 support level. The short-term outlook for ETH remains uncertain, as investors speculate on whether the current consolidation phase will lead to a breakout or further declines. Related Reading Despite this, there is a growing sentiment that Ethereum could soon recover. Top analyst Jelle shared…
Best ERC-20 Tokens to Buy as Ethereum Nears Huge Pectra Upgrade
Ethereum is preparing for a Pectra update which will revolutionize institutional staking on the blockchain, potentially attracting more investors and becoming more appealing to companies and institutions. We look at 3 ERC-20 coins that could benefit. ETH Holds the Higher Ground The Pectra update news comes as Vitalik Buterin, the co-founder of Ethereum, fields criticism of his banning of gambling on his blockchain. He expressed his disappointment in people’s criticism of Ethereum for not inviting or accommodating casinos. He stressed Ethereum’s goal of creating a better crypto world and his…
Investment Giant Franklin Templeton Launches Mixed Bitcoin and Ethereum Exchange-Traded Fund
The financial services giant Franklin Templeton has launched a mixed Bitcoin (BTC) and Ethereum (ETH) spot exchange-traded fund (ETF). Coinbase will provide custody services for the new Franklin Crypto Index ETF (EZPZ), the firm’s third crypto exchange-traded fund. Franklin Templeton also launched single-asset Bitcoin and Ethereum ETFs last year. The new fund will track the CF Institutional Digital Asset Index, an investible benchmark portfolio index that is currently weighted 86.51% BTC and 13.49% ETH. David Mann, the global head of ETF product and capital markets at Franklin Templeton, says the…
Bitcoin (BTC) Price, COIN Shares Gain as SEC Set to Drop Charges Against Coinbase
Coinbase (COIN) shares jumped 5% ahead of Friday market opening on news that the U.S. Securities and Exchange Commission (SEC) is poised to drop charges against the crypto exchange. The broader crypto market was also climbing higher with bitcoin (BTC) nearing $100,000 for the first time since early February. The Cryptox 20 Index, a broad-market benhmark, was up 1.7% over the past 24 hours. Tokens that the SEC characterized as securities in previous lawsuits initiated under former chair Gary Gensler’s leadership also advanced as sentiment improved, CoinGecko data shows. The…
Experts Say XRP’s True Value Could Be $10,000
Este artículo también está disponible en español. A popular cryptocurrency has once again captured the attention of many crypto investors after some experts started discussing the potential long-term valuation of the digital asset. Prominent market analysts believe that XRP could possibly reach $10,000 per coin, saying that the notion is “not a crazy” prediction but a conservative one. Related Reading Realistic Price Several crypto analysts argued that a valuation forecast of $10,000 is feasible which they believe could be fueled by institutional adoption and its potential role in global finance. “$10,000…
Core Scientific Joins Arkham’s Blockchain Intelligence Platform
Caroline Bishop Feb 21, 2025 13:56 Core Scientific, the second-largest public Bitcoin miner, is now accessible on Arkham, enhancing transparency by identifying over 1,250 Bitcoin addresses associated with the company. Core Scientific, a leading player in the Bitcoin mining industry, has made significant strides by joining the Arkham blockchain intelligence platform. This development is a major step towards enhancing transparency within the crypto mining sector, as Arkham has successfully tagged over 1,250 Bitcoin addresses associated with Core Scientific, according to arkhamintelligence.com. Core…
BitDCA’s Littlebit adds Visa and Mastercard support for passive Bitcoin investing
Czech fintech firm BitDCA has integrated Visa and Mastercard support into its upcoming microsaving app, Littlebit, to allow users to invest in Bitcoin through everyday spending. According to a press release shared with crypto.news, the integration will allow users to automatically convert a percentage of their everyday purchases into Bitcoin using existing credit and debit cards. With this, BitDCA aims to eliminate the need for additional infrastructure or new accounts, allowing users to invest in Bitcoin without disrupting their usual spending habits or having to “switch bank cards, pre-load funds…
Major Outflows Hit Bitcoin Exchange-Traded Funds With $365 Million Exit; Ether ETFs End Four-Day Inflow Streak
Bitcoin ETFs experienced a substantial net outflow of $365 million, while ether ETFs saw a $13 million withdrawal, ending a four-day streak of inflows. Crypto ETFs Face Setbacks With $365 Million and $13 Million Outflows The notable capital movements on Thursday, Feb. 20 saw bitcoin exchange-traded funds (ETFs) face a significant net outflow of $364.93 […] Original
Dogecoin Price On The Edge: Breakout Or Breakdown?
Este artículo también está disponible en español. In a technical update posted on X, crypto analyst More Crypto Online (@Morecryptoonl) presented a one-hour DOGE/USD chart (Binance) illustrating a precarious sideways movement and a potential turning point for the meme coin. At press time, Dogecoin is stuck around the $0.25 region, barely moving after a substantial drop in early February, with little to confirm a definitive bottom in place. Dogecoin Stuck In Limbo From the chart’s labeling, the analyst employs a blend of Elliott Wave counts and Fibonacci retracement levels to…