Crypto Currency Live Updates

Crypto Market Surges as Bitcoin Short Squeeze Intensifies

Amidst a confluence of several bullish factors that converged on an otherwise muted market environment, cryptocurrency markets experienced an impressive surge. The liquidity boost announced by the U.S. Treasury Department has been met with enthusiasm in the crypto markets, alongside significant inflows into U.S.-listed Bitcoin Spot ETF products. Additionally, a renewed initiative from the White … Read more

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Trump Pushes Clarity Act and Hints at More Bitcoin Buying

U.S. President Donald Trump called on lawmakers to advance the Clarity Act on Wednesday, while also suggesting the possibility of increased government acquisition of bitcoin. Following a meeting with cryptocurrency executives at the White House, President Trump stated that the successful passage of the Clarity Act would ensure the United States maintains its competitive edge … Read more

Cryptocurrency News

Bitcoin Holds Gains as ETF Inflows Offset Bond Yield Pressure

Bitcoin is maintaining overnight gains of nearly one percent, despite a mixed sentiment in the cryptocurrency markets, influenced by a rise in bond yields and an increase in global crude oil prices. Sentiment on Wall Street has been influenced by the significant increase in long-dated bond yields. In the context of a 0.34 percent overnight … Read more

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Crypto Market Rises as Bitcoin Gains Nearly 1%

The crypto market capitalisation has experienced a modest increase over the past 24 hours, despite global markets expressing concerns regarding the geopolitical situation in the Middle East. Overall cryptocurrency market capitalisation has risen by 0.66 percent, while Bitcoin is experiencing overnight gains approaching 1 percent. The price movement in the cryptocurrency market occurs alongside a … Read more

Cryptocurrency News

XRP Traders Bet on Recovery Despite Bearish Sentiment

XRP traders are increasingly wagering on a recovery, despite the token’s ongoing challenges near the $1 mark and a surge in online commentary reflecting the most pessimistic sentiment in three months. On Monday, futures open interest, representing the capital committed to outstanding derivatives positions, increased to approximately $2.78 billion, reflecting a 2% rise over the … Read more

Crypto Currency Live Updates

XRP ETFs See Weak Inflows as Token Slips Below $1

In a week marked by notable disclosures regarding the ownership of shares in the spot XRP ETFs, the funds concluded on a positive note, albeit with activity concentrated on a single day. This is a recurring development that has frequently emerged, and the underlying asset has continued to suffer price-wise, dipping below $1.00 for the … Read more

Cryptocurrency News

Ethereum, XRP and Cardano Face Fresh Downside Risks

This week, Ethereum maintained its position around the crucial support level of $1,800, experiencing a slight decline of 2%. While this places sellers in a more advantageous position, they must breach the support level to seize the initiative. The current ETH price action indicates notable weakness following the establishment of a lower high just beneath … Read more

Crypto Currency Live Updates

Crypto Market Stays Flat as Soft US PPI Boosts Fed Rate-Hold Bets

Cryptocurrencies continue to trade within a narrow range on Thursday, despite global markets responding positively to the softer producer price inflation figures from the U.S. and the drop in global crude oil prices. The sentiment in the crypto market appeared to diverge from the tech-heavy Nasdaq, which has rallied close to a percent. The decline … Read more

Cryptocurrency News

Crypto Market Slips as Bitcoin Holds Near $63,700 Despite ETF Inflows

The cryptocurrency market capitalisation experienced a slight decline over the past 24 hours, as market participants responded to the consumer price inflation data for July from the U.S., which aligned with market expectations. Positive inflows to U.S.-listed Bitcoin Spot ETF products mitigated losses. Overall crypto market capitalisation has contracted by more than a quarter percent … Read more

Cryptocurrency News

Crypto Slips as Bitcoin ETF Outflows Rise

Recent reports suggesting that the U.S. and Iran were nearing an agreement to resolve the Middle East conflict did not manage to bolster sentiment in cryptocurrency markets early on Tuesday. The decline in crude oil prices, the easing in bond yields, and the greenback’s retreat did not suffice to lift cryptocurrencies into an overnight positive … Read more

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