Month: February 2025

Bitcoin ETFs continue to see outflows as BTC briefly dips below $95K

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Spot Bitcoin exchange-traded funds in the United States continued to see net outflows on Feb. 11, as BTC stayed below the $100K mark, briefly dipping under $95K. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $56.76 million in net outflows on Tuesday, extending their negative streak to two consecutive days with $186.28 million in outflows from the funds seen the previous day. Fidelity’s FBTC led the outflows for the second day with $43.63 million leaving the fund. Franklin Templeton’s EZBC, Invesco Galaxy’s BTCO, Bitwise’s BITB and WisdomTree’s…

BTC May See Price Gains from Soft U.S. CPI Release, Yet Major Risk-On Surge Appears Unlikely

A soft U.S. inflation report later Wednesday will likely bode well for risk assets, including bitcoin (BTC). But those expecting bullish fireworks may be disappointed. The Labor Department will publish January’s consumer price index (CPI) report on Wednesday at 13:30 UTC. It’s expected to show that the cost of living increased by 0.3% month-on-month in January, slowing down from December’s 0.4% rise, according to Reuters estimates tracked by FXStreet. The annualized figure is expected to match December’s 2.9% reading. The core inflation, which strips out the volatile food and energy…

Pro-crypto Brian Quintenz returns to CFTC as Trump’s chairman pick

Former CFTC Commissioner Brian Quintenz is set to lead the agency again, signaling a shift in crypto regulation under the Trump administration. Brian Quintenz, a former commissioner at the Commodity Futures Trading Commission, is expected to return as chairman following his selection by U.S. President Donald Trump, according to Bloomberg.  If confirmed, he would serve a term running until April 13, 2029, returning to the agency at a time when crypto regulation is a central issue in financial policy.  His nomination aligns with broader efforts by the Trump administration to…

Cardano (ADA) Struggles to Sustain Gains—Is the Uptrend in Trouble?

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Cardano price started a fresh rally above the $0.70 zone. ADA is now correcting gains and struggling to start another increase above $0.780. ADA price started a fresh rally above the $0.70 and $0.720 levels. The price is trading above $0.720 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.750 on the hourly chart of the ADA/USD pair (data source from Kraken). The pair could start another decline if it trades below the $0.7150 support zone. Cardano Price Climbs Above $0.70…

XRP Price Struggles to Hold Gains—Could Bears Take Over?

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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…

Trump to Tap Former CFTC Commissioner, a16z Policy Head Brian Quintenz for CFTC Head

Brian Quintenz, a one-time commissioner with the Commodity Futures Trading Commission, and Andreessen Horowitz’s head of policy, will be Donald Trump’s choice to run the federal commodities regulator. Quintenz previously served in the regulator between 2017 and 2021, where he organized the Technology Advisory Committee. During his time as commissioner, he said a self-regulatory organization specific to the crypto industry could help oversee companies. Since leaving the agency, he joined a16z, where he became the head of policy. A16z was one of the major funders of Fairshake, a crypto-focused political…

KULR Ramps up Bitcoin Strategy With Another $10M

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KULR Technology has expanded its Bitcoin holdings with a fresh $10 million investment, reinforcing its strategy to integrate cryptocurrency as a key treasury asset. KULR Doubles Down With $10M Bitcoin Buy KULR Technology Group Inc. (NYSE American: KULR) announced on Feb. 11 that it has expanded its bitcoin holdings to 610.3 BTC following an additional […] Original

Ethereum Price Consolidates at Support—Will It Fuel the Next Move?

Este artículo también está disponible en español. Ethereum price is consolidating above the $2,500 zone. ETH might gain bullish momentum if it clears the $2,700 resistance zone. Ethereum started a fresh decline below the $2,650 level. The price is trading below $2,680 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,735. Ethereum Price Eyes Upside Break…