U.S. spot Bitcoin exchange-traded funds have experienced their second consecutive week of over $500 million in outflows leading up to Feb. 21. According to data from SoSoValue, the 12 spot BTC ETFs recorded $559.41 million in net outflows over the past week, continuing the negative momentum from the previous week, when they saw $585.65 million in net redemptions. Notably, U.S. BTC ETFs began the week from Feb. 18 to Feb. 21 with $60.63 million in outflows, reversing the positive flows observed on the last trading day of the prior week.…
Month: February 2025
SOL, XRP bounce; Here’s the altcoin whales accumulated during Bitcoin’s pullback
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Whales are quietly accumulating Rollblock as Solana and XRP rebound, signaling a major opportunity in GameFi’s next breakout token. As Solana and XRP recover from recent dips, sharp-eyed investors are shifting focus to Rollblock (RBLK). While the market was distracted by Bitcoin’s pullback, whales quietly accumulated RBLK, signaling confidence in its long-term potential. With its GameFi ecosystem and strong deflationary tokenomics, Rollblock is emerging as a high-upside altcoin. Analysts…
Cardano (ADA) Faces Renewed Selling Pressure—More Pain Ahead?
Cardano price started a fresh decline from the $0.820 zone. ADA is now consolidating losses and at risk of more losses below the $0.7350 level. ADA price started a fresh decline below the $0.80 and $0.7650 levels. The price is trading below $0.7750 and the 100-hourly simple moving average. There is a connecting bearish trend line forming with resistance at $0.7620 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another increase if it clears the $0.7750 resistance zone. Cardano Price Climbs Above…
Putin Eyes Western Companies’ Comeback as US-Russia Tensions Shift
As Russia anticipates a possible return of Western corporations, President Vladimir Putin has instructed his cabinet to prioritize domestic firms over foreign businesses seeking to re-enter the market. This move follows economic sanctions imposed after Russia’s 2022 invasion of Ukraine, which led to the departure or downsizing of over 1,800 foreign companies. Recent talks between […] Source CryptoX Portal
XRP Price Nears Key Support—A Breakdown Could Be Devastating
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…
Ethereum Developer Counters Idea Of Blockchain Rollback Amidst Bybit Hack
Ethereum Foundation lead developer Tim Beiko has dismissed the idea of an Ethereum blockchain rollback following the Bybit crypto exchange hack. In a detailed post on X, Beiko explained why such a proposal is impractical and unfeasible. Ethereum Network Too Interconnected For A Rollback, Beiko Says On February 21, Dubai-based exchange Bybit suffered the largest crypto hack in history as bad actors carted away $1.4 billion in mantle-staked ETH (mETH) and other ERC-20 tokens by comprising one of the exchange’s cold wallet. As expected, this development has rocked the industry…
Ethereum Price Fails to Break $3,000—Is the Uptrend in Danger?
Este artículo también está disponible en español. Ethereum price failed to clear the $3,000 resistance zone. ETH is consolidating near $2,750 and might aim for a fresh increase. Ethereum is still showing positive signs above the $2,680 zone. The price is trading above $2,750 and the 100-hourly Simple Moving Average. There is a short-term bullish trend line forming with support at $2,780 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,850 and $2,880. Ethereum Price Eyes…
Bitcoin Price Breakout Dreams Crushed Again—What’s Next?
Bitcoin price failed to gain pace for a move above the $100,000 zone. BTC again declined and is currently consolidating near the $96,000 zone. Bitcoin started a fresh decline from the $99,500 zone. The price is trading below $97,500 and the 100 hourly Simple moving average. There is a connecting bearish trend line forming with resistance at $96,400 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $95,000 zone. Bitcoin Price Dips Again Bitcoin price formed…
Czech Central Bank Eyes Bitcoin? Governor Takes Step Toward BTC Reserves
The Czech National Bank is exploring bitcoin’s potential as a reserve asset, with its governor emphasizing the need to adapt to evolving financial markets despite crypto risks. Czech Central Bank Signals Bitcoin Interest—A Step Toward BTC Reserves? Aleš Michl, governor of the Czech National Bank (CNB), renewed discussion on social media platform X last week […] Original
Grayscale’s XRP ETF Under SEC Review—The Countdown Begins
The SEC’s review of Grayscale’s XRP ETF is officially underway, sparking speculation that a crypto-friendly shift could lead to a groundbreaking approval. SEC Begins Review of Grayscale’s XRP ETF Proposal The Federal Register officially published Grayscale’s XRP exchange-traded fund (ETF) proposal on Feb. 20, 2025, marking the beginning of the U.S. Securities and Exchange Commission’s […] Source BitcoincryptoexchangeExchanges CryptoX Portal