The cryptocurrency space is a compelling industry that tends to prove many doubters wrong, even veterans and seasoned participants such as BitMEX’s co-founder, Arthur Hayes. As reported last week, the current Maelstrom exec sold a big portion of his portfolio as he envisioned a more profound market-wide correction was in the making. At the time,…
BlackRock has ruled out launching spot exchange-traded funds (ETFs) for XRP or Solana (SOL) soon. The stance comes despite growing industry chatter and the recent conclusion of Ripple’s long-running legal battle with the US SEC (Securities and Exchange Commission). Why BlackRock Is Staying Away From XRP BlackRock reportedly has “no plans” to offer XRP spot…
Bitcoin is trading around key levels after reclaiming the $115,000 mark, with bulls firmly in control despite ongoing consolidation below the $120,000 threshold. The trend remains bullish, supported by steady buying interest and strong technical positioning. Key data shows that the correlation between Bitcoin and the S&P 500 has surged to 80%. In this high-correlation…
Bitcoin continues to solidify its status as a strategic reserve asset, with growing institutional adoption fueling its long-term bullish narrative. The latest major endorsement comes from one of the world’s most prestigious universities — Harvard. In a recent SEC filing, it was revealed that Harvard University’s investment portfolio acquired $117 million worth of shares in…
TL;DR Many cryptocurrencies managed to break their respective all-time highs during the ongoing cycle, including several of the largest ones. Ethereum is among the few that are yet to achieve such an incredible feat, but it has closed down the gap to its 2021 ATH. ETHUSD. Source: TradingView Is it Time? The 4-hour graph above…
After a near steady decline over the last week, the XRP price is now struggling as it fluctuates between bearish and bullish impulses. This correction is concerning as it is pushing the price downward toward a Fibonacci level that could spark further decline. Given this, the price must reclaim and hold the $3 level if…
Ethereum, often called digital silver, has just smashed through the $4,000 level and is now cruising toward – and potentially beyond – its all-time high of $4,867.95 set in November 2021. $ETH’s surge has captured the market’s full attention, as such moves have historically preceded or coincided with full-blown altcoin seasons. Notably, Glassnode co-founders Jan…
Ethereum has been the best performer amid the large-cap cryptocurrencies for the past 24 hours, wrapping up 7% gains in the interim and bringing its total weekly increase close to a whopping 20%. At the time of this writing, ETH is trading at around $4,200. Source: TradingView The move marks a major feat in ETH’s…
Solana has continued to fluctuate between bullish and bearish momentum with no definite break in a particular direction. Amid this, there have been retests of both resistance and support levels with no outcome, and this has contributed to the formation of a head and shoulders pattern. With this development, the Solana price is now looking…
Ethereum’s native asset crossed the $4,000 level for the first time in eight months, reaching an intraday high of $4,055. This key psychological milestone brings the cryptocurrency within approximately $900 of its all-time high of $4,867, set in November 2021. Institutions and ETFs Fuel Price Surge ETH has seen a significant rally, climbing over 44.5%…