Day: May 1, 2025

Bitcoin ETFs end 8-day inflow run as BTC loses $95k support amid macro jitters

boss

U.S. spot Bitcoin ETFs closed out April with money flowing out as Bitcoin slipped below the $95,000 support level, partly because of worries over Trump’s new tariffs and weak U.S. economic data. According to SoSoValue data, the 12 spot Bitcoin ETFs saw $56.23 million in outflows on April 30, breaking an 8-day streak that had brought in nearly $4 billion. Most of the pullback came from Fidelity’s FBTC and ARK & 21Shares’ ARKB, which lost $137.49 million and $130.79 million, respectively. Grayscale’s GBTC and Bitwise’s BITB also lost $31.96 million…

XRP ETF Approval Chances Hit 85%, Will XRP Price Skyrocket?

Key Notes XRP trades slightly lower but maintains strong momentum amid ETF speculation. Bloomberg analysts now give XRP ETF proposals an 85% approval chance in 2025. A prominent trader projects XRP could surge to $19.27 after breaking out of a falling wedge. XRP BTC $95 119 24h volatility: 0.5% Market cap: $1.89 T Vol. 24h: $27.17 B has managed to stabilize after dropping to $1.65 earlier this month, now trading around the $2.20 mark. While the token is down by 2% over the past 24 hours, the increasing speculation of…

‘Bad breach of ethics’ — Musk echoes crypto execs in backlash against WSJ

boss

Tesla CEO Elon Musk has lashed out at The Wall Street Journal (WSJ), calling the publication’s latest report “an EXTREMELY BAD BREACH OF ETHICS,” after it claimed the Tesla board was actively seeking his replacement as CEO. The report, published on April 30, alleged that the board had approached recruitment firms due to concerns over Musk’s political activity and split focus across multiple ventures. Musk took to X to denounce the article, stating that the WSJ deliberately published false information while knowingly excluding an “unequivocal denial” from Tesla’s board. Tesla…

Tracy Jin on MEXC’s Web3 Vision, RWA Risks, and Bitcoin’s Rebound Signals

boss

MEXC COO Tracy Jin spoke about the exchange’s $30 million Web3 talent initiative, aimed at supporting blockchain innovation globally. She also discussed the rising risks in real-world assets (RWA) tokenization, shifting bitcoin sentiment, and how MEXC is positioning itself amid evolving regulatory shifts. MEXC COO Tracy Jin Talks Web3 Talent, Ecosystem Growth, and the Shifting […] Original

Bitcoin Traders Eye Breakout to Highs as Trump Says Tariff Deals Progressing

The crypto market remains in prolonged consolidation with the overall market cap approaching $3 trillion as analysts eye a possible bitcoin (BTC) breakout that could push the market higher. Bitcoin hovered near $95,00 on Thursday, while ether (ETH), BNB Chain’s BNB and Solana’s SOL remained stagnant. XRP and Cardano’s ADA dropped 2%, while dogecoin (DOGE) fell 3%. Spot bitcoin exchange-traded funds (ETFs) lost $56 million on Wednesday, breaking an eight-day streak that saw nearly $3 billion flow into these U.S.-listed products. Markets have been generally range-bound in the past week,…

London Stock Exchange Group’s FX Volumes Hit New Highs in Q1 2025

boss

London Stock Exchange Group plc (LSEG) posted strong first-quarter results for 2025, highlighting double-digit revenue growth in its Foreign Exchange (FX) segment. The group’s Markets division delivered broad-based gains, benefiting from ongoing global market volatility and heightened client activity. London Stock Exchange Group Reports Double-Digit FX Revenue Growth in Q1 2025 LSEG reported FX revenues of £69 million for the quarter ended March 31, up 12.3% on an organic constant currency basis compared to the same period last year (£61 million). This surge was attributed primarily to increased dealer-to-client activity…

Strategy ends April up 32% in best month since November as Q1 earnings loom

boss

Key takeaways: Strategy’s stock rose 32% in April, its biggest monthly gain since November. Speculation is building that Strategy will announce a major capital raise during its Q1 earnings call on May 1 as it continues to grow its Bitcoin holdings. Analysts expect a 1% year-on-year revenue bump to $116.6 million, following the firm’s $120.7 million revenues for Q4 2024. Michael Saylor’s Strategy closed April with its highest monthly gain since November, ahead of the firm’s highly anticipated earnings call on May 1. Strategy (MSTR), formerly known as MicroStrategy, closed…

Bitcoin Still Far From A True Supply Shock, Analyst Explains

boss

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. According to a recent CryptoQuant Quicktake post by contributor Carmelo Aleman, Bitcoin (BTC) is “still far from a true supply shock.” The analyst cited several on-chain metrics to argue…