Crypto analyst Michaël van de Poppe believes altcoin market capitalization could breakout above $800 billion soon. The analyst notes that the recent correction in cryptocurrencies resulted in a drawdown in prices of assets, erasing 4% market … [Continue reading]
Ronin ecosystem beats Solana in daily active addresses, leaves Base and TON behind
Ronin is second to Tron in terms of daily active addresses. TON and Base noted a large percentage increase in their daily active addresses since the beginning of 2024. RON price climbed 1% and Solana gained 3% in value on Saturday. … [Continue reading]
Bitcoin extends gains as Donald Trump prepares to address BTC traders at Nashville conference
Bitcoin extends gains early on Saturday rallies to $68,295 ahead of Donald Trump’s speech. Trump is lined up to address crypto traders at the Nashville Bitcoin Conference on July 27. Bitcoin could rally to its target of $72,000, extending … [Continue reading]
Ethereum ETFs have new demand as outflows probably from hedge funds, notes analyst
Ethereum ETFs' volume and inflows have been healthy despite ETHE heavy outflows, says Bloomberg analyst Eric Balchunas. Ethereum ETFs' inflows are not from ETHE outflows, says analyst. Ethereum options expiry may trigger weekend volatility, but … [Continue reading]
Crypto market set for $189 million token unlocks next week, here’s what to expect
OP, SUI, ZETA, and DYDX among tokens set for $189 million worth of unlocks. AGIX will see $4.6 million unlock as the ASI merger continues. These tokens are up in the past 24 hours but may see quick retracements following next week's unlocks. … [Continue reading]
Gold rises amid soft US Dollar as traders eye next week Fed meeting
Gold price bounces from daily lows of $2,356, now at $2,385. Fed's preferred inflation gauge shows mixed results, edging closer to the 2% target. US Treasury yields slump as bonds rally, signaling potential for multiple Fed rate cuts this year. Gold … [Continue reading]
Ethereum ETFs seeing new demand despite outflows from Grayscale ETHE
Ethereum ETFs' volume and inflows have been healthy despite ETHE heavy outflows, says Bloomberg analyst Eric Balchunas. Ethereum ETFs' inflows are not from ETHE outflows, says analyst. Ethereum options expiry may trigger weekend volatility, but … [Continue reading]
Bitcoin rallies as VanEck CEO reveals 30% of his personal portfolio is in the largest digital asset
Jan VanEck spoke at the Bitcoin Conference, sharing his belief in the Bitcoin super bull cycle and revealing large BTC holdings. Michigan Retirement System revealed a $6 million holding in ARK21Shares Bitcoin ETF. Bitcoin is up nearly 4% … [Continue reading]
Ripple lawsuit update: SEC did not ask for $102.6 million in penalties, attorney calls it argument
SEC did not ask Ripple to pay $102.6 million in penalty, attorney Jeremy Hogan says it was a legal argument. SEC vs. Ripple lawsuit awaits final ruling from Judge Analisa Torres. XRP hovers around psychological support level at $0.60, … [Continue reading]
AUD/USD remains steady near 0.6550 after mix US PCE Inflation report
AUD/USD continues to consolidate above 0.6520 after mixed cues from the US PCE inflation report for June. Annual headline PCE decelerated expectedly, the core measure grew steadily. The next move in the Australian Dollar will be influenced by the … [Continue reading]