Major crypto ETFs (Bitcoin and Ethereum) posted $672 million in mixed outflows on Thursday, October 30. BlackRock’s IBIT ETF misplaced $291 million, and ETHA shed $118 million. Meanwhile, a $500 million telecom-financing fraud tied to BlackRock’s private-credit arm has rocked institutional markets, elevating new issues about danger administration and due diligence. Institutional ETF Redemptions Show…
The crypto market might welcome a spot XRP (XRP) exchange-traded fund (ETF) on November 13 as asset supervisor Canary Capital has eliminated the delaying modification from its S-1 registration. This step follows every week of profitable altcoin ETF launches, together with merchandise for Solana, Litecoin, and Hedera, suggesting a wider regulatory acceptance of digital asset…
Bitcoin (BTC) merchants anticipate a neighborhood backside forming in mid-November, because the 50-day easy shifting common (SMA) is about to cross under the 200-day SMA close to $100,000, a sample that has typically marked native bottoms. In addition, some analysts are overlaying lunar phases on worth charts, noting that First Quarter moons typically precede rallies…
Solana’s worth has been shifting sideways over the previous few days, struggling to interrupt by the important thing resistance stage at $200. The altcoin’s incapacity to keep up upward momentum has led to rising investor warning. As a end result, SOL could quickly face renewed promoting stress, slowing its current restoration development. Solana Holders Are…
Bitcoin’s worth has fallen for 4 consecutive days, a worrying sample of sluggish response to optimistic information but extremely delicate to damaging catalysts. This motion was intensified by the current Federal Reserve meeting, which has spurred questions amongst market individuals about whether or not the present bull run is concluding. “Sell the News” Event Driven…
Disgraced FTX founder Sam Bankman-Fried (SBF) has claimed in a brand new report that his bankrupt cryptocurrency empire was by no means bancrupt. He alleged that chapter legal professionals, not fraud, are in charge for the collapse that shook international crypto markets in 2022. The report drew sharp responses from blockchain investigators rapidly. Crypto sleuth…
Bitcoin’s worth sharp fall (dip) to $106,200 proper earlier than Halloween spooked the market, wiping practically 5% inside hours. But what adopted was equally fast — a close to 4% rebound (surge) that pushed the worth again above $108,700, turning a breakdown into a pointy bounce. This dip-surge play has caught merchants’ consideration. It could…
More than $16 billion in Bitcoin and Ethereum choices are set to expire on October 31, 2025, at 8:00 UTC on Deribit. This marks one of many largest month-to-month crypto derivatives occasions of the yr. This expiry surpasses final week’s $6 billion occasion due to the month-to-month rollover of October contracts. Traders and buyers ought…
Fed Chair Jerome Powell’s assertion {that a} December rate of interest reduce is “far” from sure has stirred monetary markets. The US Dollar Index (DXY) surged to its highest degree since August. Meanwhile, main cryptocurrencies suffered declines regardless of the Fed’s newest charge discount. This response, described by analysts as a “hawkish reduce,” suggests the…
Pi Coin skilled a risky October, marked by sharp value swings that noticed the altcoin each crash and get well inside weeks. While this turbulence briefly restored investor optimism, the broader outlook stays cautious. Despite the rebound, Pi Coin value nonetheless faces an uphill battle to regain misplaced momentum, and present market indicators counsel that…