Tag: Markets

Evernorth Says XRP ETF Demand Signals Shift Toward Active Institutional Participation – Markets and Prices Bitcoin News

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Key Takeaways: Evernorth highlights strong XRP ETF inflows, reflecting rising institutional confidence. Institutional demand for XRP remains passive, limiting direct network participation. The company points to a shift toward deeper XRP ecosystem involvement ahead. XRP ETF Inflows Highlight Passive Institutional Demand Institutional inflows into crypto exchange-traded funds (ETFs) are redefining how capital signals confidence in digital assets without directly improving network functionality. Evernorth examined XRP ETF activity on April 14, highlighting a sharp increase in weekly inflows. The firm noted that roughly $120 million flowed into these funds last week,…

Bitcoin ETFs See $291 Million Outflow as Ether Gains $9 Million – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin ETFs saw $291.11 million outflows led by Fidelity FBTC, signaling renewed caution. Ether ETFs gained $9.44 million as ETH transactions rose 41% to 3.6 million, hinting at growing activity. XRP added $1.46 million while Solana saw no flows, suggesting selective demand for altcoin ETFs. Ether Attracts Inflows as Bitcoin Begins New Week in the Red The week opened on uneven ground. Momentum, so evident just days ago, quickly gave way to renewed selling pressure in bitcoin ETFs, even as other corners of the market showed resilience. Bitcoin…

$500M Wiped out as Bitcoin Tests $76K – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin hit $76,120 on April 14, triggering $293 million in liquidations during a risk-on rally. De-escalation hopes sent the S&P 500 to 7,000 while WTI oil fell to $92 amid U.S.-Iran talks. The IMF warns that March’s loss of 10.1 million barrels of oil per day may stall 2026 global growth. Oil Prices Retreat as Diplomacy Takes Center Stage Moments after topping $76,000, bitcoin retreated to just under $74,500 as risk-on sentiment swept across markets. The momentum was driven by reports that the United States and Iran plan…

Crypto.com gets into Prediction Markets through High Roller

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The crypto exchange’s move could signal a challenge to platforms like Kalshi through the integration of prediction markets, expected to be a $1 trillion market by 2030. Crypto.com has signed a definitive agreement with online casino company High Roller Technologies as part of the cryptocurrency exchange’s move into prediction markets in a challenge to companies like Kalshi and Polymarket. In a Tuesday notice, High Roller said the deal with Crypto.com would allow the crypto exchange to launch “an event-based prediction markets offering” to US-based users. The notice emphasized that the…

Bitcoin Taps $76,000 as Iran Peace Signals Boost Crypto Markets – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin hit $76,000 on April 14 after Donald Trump signaled Iran talks; risk-on flows lifted crypto. Brent fell below $100, ETFs added $1.1B, $277M shorts liquidated; ETH rose ~6% with bitcoin. Bitcoin must hold $74.5K-$76K; progress in U.S.-Iran talks could push toward $80K-$83K. BTC Price Hits $76K as Trump Iran Comments Spark Risk Asset Rally President Donald Trump said Iran had reached out for possible peace negotiations, even as U.S. Navy vessels maintained a presence in the Strait of Hormuz. That signal was enough to shift sentiment. Traders…

Bitcoin Pushes Toward Breakout as Wintermute Warns Unresolved Macro Risks May Shape Next Move – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin approaches breakout as Wintermute flags macro risks still unresolved. Brent rises as inflation pressures build from higher energy costs. Wintermute sees derivatives positioning amplifying upside squeeze potential near resistance. Geopolitical Risks Fail to Reverse Bitcoin Momentum Bitcoin is maintaining upward pressure despite rising geopolitical tension and macro uncertainty, even as global markets react to fresh developments. In an April 13 market commentary, crypto algorithmic trading firm Wintermute said that heightened tensions—sparked by a U.S. naval blockade affecting Iranian ports—have not yet been enough to force a structural…

Crypto Market Cap Hits $2.6 Trillion as Bitcoin Eyes $75K Amid Hormuz Standoff – Markets and Prices Bitcoin News

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Key Takeaways: The crypto market cap hit $2.6 trillion on April 14 as bitcoin reached a session high of $74,959. A rally in assets like ethereum and RAVE triggered $540 million in liquidations for short sellers. Rising tensions after a U.S. blockade of the Strait of Hormuz may force a reaction from China next. Bitcoin Leads the Charge The crypto economy’s market capitalization topped $2.6 trillion early Tuesday, April 14, as both bitcoin and altcoins shrugged off geopolitical tensions to post significant gains. According to daily chart data, the market…

Bitcoin, Ether ETFs See Nearly $1 Billion in Weekly Inflows – Markets and Prices Bitcoin News

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Key Takeaways Bitcoin ETFs gained $786 million and ether $187 million from April 6–10, led by Blackrock IBIT demand. IBIT and ETHA drove flows, while Grayscale GBTC outflows show uneven investor confidence. XRP added $11.75 million but solana lost $5.6 million, signaling selective inflows may continue for altcoin ETFs. Crypto ETFs Rebound With Strong Weekly Inflows The week began with force and it ended with conviction. After a choppy stretch, crypto ETFs delivered a decisive rebound between April 6 and April 10, with capital returning in size to both bitcoin…

Strategist Sees Bitcoin Bear Signals, Warns Crypto Bust Could Push BTC to $10K – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin faces bear signals as Bloomberg’s strategist flags high correlation with equities. Forecast sees BTC dropping toward $10K as liquidity conditions tighten further. Crypto markets risk a broader bust as McGlone cautions excess supply pressures valuations. Bitcoin Slides Into Bear Territory as Strategist Highlights Crypto Bust Dynamics Elevated volatility and rising correlation with equities are undermining bitcoin’s diversification appeal, signaling mounting pressure across crypto markets. Bloomberg Intelligence senior commodity strategist Mike McGlone analyzed these trends on April 12, focusing on Blackrock’s Ishares Bitcoin Trust ETF (IBIT) and its…

Bitcoin Shrugs off Strait of Hormuz Blockade to Hit $72,629 Intraday High – Markets and Prices Bitcoin News

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Key Takeaways: Bitcoin rose to $72,629 on April 13, recovering from a flash crash caused by failed U.S.-Iran talks. The Strait of Hormuz blockade pushed oil to $100, triggering $59 million in Bitcoin short liquidations. Analysts expect a U.S. confrontation with the IRGC as China weighs a response to the naval blockade. Failed Ceasefire Talks Trigger Flash Volatility Bitcoin shrugged off renewed geopolitical tensions sparked by a U.S. Navy blockade of the Strait of Hormuz, rising to an intraday high of $72,629 around 1:30 p.m. Monday. The rally marked a…