Bitcoin ETFs continued their winning streak with an eighth consecutive day of inflows, bringing in $173 million as Blackrock’s IBIT remained the dominant force. Ether ETFs held firm, notching their fourth straight day of inflows, led by Fidelity’s FETH. Bitcoin and Ether ETFs Keep Momentum With $191 Million Combined Inflows The crypto exchange-traded funds (ETF) […] Original
Bitcoin has surpassed the $95,000 as it continues to climb higher. Analysts predict the BTC rally could catapult the cryptocurrency back to its $100,000 level. According to data from crypto.news, the largest cryptocurrency by market cap has ended the month strong after it soared as high as $95,444 in the past 24 hours of trading. The last time BTC stood at $95k was in mid-February before it plummeted lower and settled below $80,000 at the beginning of this month. At press time, BTC has maintained its position above the $95,000…
Decentralized finance (DeFi) platform Mantra has called for industry-wide cooperation to reduce investor risks in the aftermath of its OM token crash. On April 30, Mantra published its latest update since the sudden collapse of its OM token, claiming that the incident was “bigger than Mantra.” “Liquidation cascades could happen to any project in the crypto industry,” Mantra CEO John Mullin warned in the post, pointing to the role of “aggressive leverage positions” on exchanges as a broader threat to investor safety. Mantra’s industry-wide call to action is the biggest section in the…
The XRP price continues to hold support above $2, which now serves as an important level for bulls. This continues as bullish sentiment is the order of the day, and the sellers seem to have run out of steam across the crypto market. With these developments, expectations for the XRP price have shot up significantly. Most especially among crypto analysts, who continue to predict that the altcoin is set for great things and could reach double-digits this bull cycle. XRP Price Still On Track For Mega Candle Crypto analyst Egrag…
Key takeaways: Macro Chain Index issues first buy signal since 2022, hinting at a new Bitcoin bull run. RSI crossover on the MCI aligns with past cycle bottoms that preceded 500%+ BTC rallies. Bitcoin price recovers from $74K to $95K amid rising open interest and positive funding rates. A key Bitcoin (BTC) indicator that accurately signaled the 2022 market bottom has just flashed another buy signal, suggesting the cryptocurrency may be entering a new bull phase. Bitcoin metric hints at “absolute bottom” Dubbed the Macro Chain Index (MCI), the indicator…
The Federation Internationale de Football Association (FIFA) plans to launch a new blockchain network to support its non-fungible token (NFT) collectibles, the organization announced on April 30. FIFA will launch its “FIFA Blockchain,” with Ethereum Virtual Machine (EVM) compatibility and aims to provide “better performance, future features, and improved scalability.” As part of the move, FIFA Collect — its official NFT collection — will migrate from the Algorand blockchain to the new FIFA Blockchain. The migration is scheduled to begin no earlier than May 20, FIFA said. FIFA announces new…
Vanar Chain, a layer-1 blockchain network, has launched a new artificial intelligence-powered compression and data authentication layer designed to address the industry’s longstanding issue with onchain storage. Vanar Chain is launching Neutron, an AI-native blockchain layer with data compression ratios of up to 500:1, which can reduce a standard 25 megabyte file to just 50 kilobytes, transforming it into a “Neutron Seed” that can be stored on the blockchain ledger. The new blockchain compression layer aims to solve the industry’s data storage issue, with traditional blockchains lacking the capacity to…
Shaurya is the Co-Leader of the CryptoX tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis. Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA. He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook…
Bitcoin trades just around the key psychological resistance at $95,000 as bullish momentum continues to build following a resilient recovery phase marked by consolidation and declining intraday volume. Bitcoin On the daily chart, bitcoin shows signs of a V-shaped recovery, rebounding sharply from a local bottom of approximately $74,434 after a steep decline from $100,185. […] Original
At Token2049, experts discuss the U.S. and China trade war outlook and how Bitcoin could become the next “arms race” for countries looking to maintain economic power. On April 30, founder and CEO of Ex Uno Plures, Zoltan Pozsar commented on the trade war between China and the U.S. as both countries levy tariffs against the other in an attempt to tip the global trade system in their favor. According to Pozsar in a closed door panel, China is currently in a precarious position; similar to that of the U.S.…