XRP traders and proponents are celebrating the first anniversary of Judge Torres' ruling that served as a partial win for Ripple. Judge Analisa Torres ruled that XRP is a non-security in secondary market or exchange transactions, on July 13, … [Continue reading]
Ethereum ETF launch could push Ether to new all-time high, on one condition
Ethereum analyst from venture capital firm says Spot Ethereum approval could come as early as this week, placing odds at 72.7%. A crypto analyst predicts 200% gains in Ether price, post the anticipated approval of the Spot ETF by the Securities … [Continue reading]
Bitcoin bottom closer as German government runs out of BTC to sell, ETFs see highest inflow in five weeks
Bitcoin recovers from selling pressure as the German government runs out of BTC to sell. Spot Bitcoin ETFs recorded $310 million in inflows on July 12, led by BlackRock and Fidelity. BTC trades above $58,000 on Saturday, sustaining gains … [Continue reading]
Key insights from Ethereum’s performance in current bull cycle
Ethereum's price has followed a divergent pattern in the first 365 days after a Bitcoin halving event. Over 90% of ETH's supply has been in profit since January. Ethereum investors are slowly displaying confidence again with ETH ETFs on horizon. … [Continue reading]
ARB, OP, WLD, STRK set for $173 million token unlock next week
ARB, OP, WLD, and STRK are among tokens set for a combined $173.56 million unlock event next week. The unlocking of ARB, WLD and STRK tokens may spark further retracement in their prices, which are currently on a downtrend. ENA and 1INCH will … [Continue reading]
What’s next for Bitcoin as German government dries its holdings?
The German government may have sold all of its $2.9 billion worth of Bitcoin. Increased bearish pressure has seen the S&P 500 outperforming Bitcoin in the past five weeks. On-chain data suggests Bitcoin has potentially reached a bottom and may … [Continue reading]
Gold price secures third week of gains, holds above $2,400
Gold price sticks to key support level, set for third consecutive weekly gain on Fed rate cut expectations. US PPI rises above estimates; University of Michigan Consumer Sentiment drops, inflation expectations moderate. CME FedWatch Tool indicates … [Continue reading]
Mexican Peso appreciates, records strongest week since mid-June
Mexican Peso extends gains as USD/MXN reaches 17.68 after hitting five-week low of 17.62. Mexico’s Industrial Production rebounds in May, indicating resilience amid economic slowdown. Banxico minutes suggest potential rate adjustments, while US … [Continue reading]
Ripple extends gains as XRP traders hopeful of adoption in institutional crypto products
Ripple CEO appreciated the CME Group and CF Benchmarks for adding the XRP-Dollar reference rate and indices. Brad Garlinghouse says institutional crypto products have trusted benchmarks for reference rates, fuels positive sentiment among … [Continue reading]
India Manufacturing Output: 4.6% (May) vs 3.9%
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or … [Continue reading]