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
Ethereum exhibited renewed upward momentum following a significant breakout above $1,820, with prominent analysts suggesting the possibility of additional gains should prevailing trends continue. The technical setup of the cryptocurrency, bolstered by whale accumulation and enhanced regulatory sentiment, is reinforcing confidence among traders anticipating a near-term rally. Market capitalisation of 225.48 billion dollars. The asset … Read more
The U.S. released consumer price and producer price inflation figures that came in below expectations, leading to a more positive sentiment in the cryptocurrency markets. The return of inflows to Bitcoin Spot ETF products listed in the U.S. on Tuesday also boosted sentiment. Overall cryptocurrency market capitalisation has seen a rise of more than 2 … 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
Cryptocurrencies saw a significant surge in the last 24 hours, despite rising tensions between the U.S. and Iran, as well as growing signs of a cautious approach from the FOMC regarding inflationary concerns. Bitcoin experienced a variation between $63,165 and $61,493 in the past 24 hours, with the overall market capitalisation of cryptocurrencies showing a … Read more
Cryptocurrencies experienced a significant decline over the past 24 hours, coinciding with heightened tensions in the Middle East and the breakdown of the U.S.-Iran ceasefire. Anxiety ahead of the release of the FOMC minutes on Wednesday further dampened sentiment. Bitcoin fluctuated within a range of $64,189 to $61,639 over the last 24 hours. The bearish … Read more
Cryptocurrency prices have experienced a notable increase over the past 24 hours, reflecting market reactions to the significant inflows into Bitcoin Spot ETF products in the U.S. observed on Monday. Anxiety ahead of the release of the FOMC minutes on Wednesday, however, limited gains. Bitcoin fluctuated within a range of 64,597.57 to 61,275.83 over the … Read more
Cryptocurrencies have continued to decline over the past 24 hours, influenced by the recent strength of the U.S. Dollar, which has reduced the appetite for risk assets, including digital currencies. Lingering concerns regarding rate hikes by the Federal Reserve continued to impact sentiment. Uncertainty loomed as markets attempted to assess the full implications of the … Read more
Cryptocurrencies are experiencing a slight uptick as global markets strive to rebound from a technology sell-off prompted by concerns regarding potential interest rate increases by the Federal Reserve and corporate investments in Artificial Intelligence. The strength of the Dollar persisted in dampening sentiment. BTC fluctuated within a range of $63,024 to $61,893 over the last … Read more