The week began well for the spot exchange-traded funds that track Ripple’s cross-border coin, reaching a new all-time high in terms of total net inflows. However, in the days that followed, a well-known and rather concerning situation recurred. Simultaneously, the HYPE ETFs have ended their streak and found themselves significantly in the red for a … Read more
Geopolitical risks to global energy supplies, coupled with concerns regarding AI-related capital expenditures, continued to dominate the narrative for global markets. This backdrop unfolded against the escalating U.S.-Iran conflict and a significant sell-off in technology stocks on Wall Street on Thursday. Brent Crude closed above 100 on Thursday, while the tech-heavy Nasdaq Composite experienced a … Read more
Investors are wondering how long the artificial intelligence (AI)-driven surge in global stocks will last as valuations have risen. As the debate intensifies, another question is emerging: if the AI trade loses steam, could cryptocurrencies such as Bitcoin become the next destination for risk capital? Throughout a significant portion of 2025 and extending into 2026, … Read more
Anticipation of positive regulatory changes in the United States has boosted sentiment in the cryptocurrency markets, driving Bitcoin to reach a five-week high of $66,910. Overall cryptocurrency market capitalisation saw an increase of nearly 3 percent overnight as markets responded positively to the potential passage of the Clarity Act in the U.S., following reports that … Read more
Sentiment in cryptocurrency markets continues to exhibit weakness, as global markets display a mixed performance in the context of the escalating Middle East conflict and ongoing concerns regarding valuations within the technology sector. The aggregate cryptocurrency market capitalisation experienced a decline of nearly half a percent, while Bitcoin fluctuated within a range of $65,038 to … Read more
According to fresh analysis released on July 17 by anonymous cryptocurrency analyst, Ethereum may be nearing the end of a long-term bullish pattern that eventually sees it reach as high as $22,000. While the projection is highly speculative, it has contributed to an escalating discussion regarding whether ETH’s June lows signified the commencement of a … Read more
Aggregate cryptocurrency market capitalisation declined by over 2 percent, with Bitcoin reaching a low of $62,489 in the past 24 hours, following a selloff in global chip stocks that impacted the crypto markets. The recent AI frenzy that captivated global markets has diminished as investors began to scrutinise the inflated valuations within the technology sector. … Read more
In the middle of a new wave of profit booking, the excitement in cryptocurrency markets that followed the U.S. inflation data that were lower than anticipated faded. The selloff tempered the ascent in cryptocurrency prices, leading to a decline in overall crypto market capitalisation of approximately half a percent overnight. Inflows to U.S.-listed Bitcoin Spot … Read more
The ongoing rise in crude oil prices has negatively affected cryptocurrencies, as global markets brace for the inflation update from the U.S. and the Congressional testimony by Fed Chair Kevin Warsh. Substantial withdrawals from Bitcoin Spot ETF products listed in the U.S. on Monday further weakened market sentiment. Overall cryptocurrency market capitalisation has seen a … Read more
Risk aversion, prompted by the escalation in the Middle East and the subsequent rise in crude oil prices, has negatively impacted sentiment in the cryptocurrency market. Lingering anxiety surrounds Federal Reserve Chair Kevin Warsh’s two-day testimony before Congress commencing on Tuesday, alongside the impending release of U.S. inflation readings for June on the same day, … Read more