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Showing posts with the label cryptocurrency market

Altcoin Season May Erupt Later This Year On SEC Greenlight For New Crypto ETFs, Stronger Bitcoin ETF Inflows, Bitfinex Says

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An altcoin season could take off later this year, driven by the SEC’s expected approval of ETFs for smaller-cap tokens and a rebound in Bitcoin ETF inflows. That’s according to researchers at Bitfinex, who said in research note that such a “rising tide lifts all boats’ environment” is poised for later in the year. Once new crypto ETFs and Bitcoin ETFS start to gain momentum, they are likely to generate sustained demand, the researchers said, adding that this would create the conditions “for a broader re-rating across the digital asset complex.”  That’s as US spot Bitcoin ETFs ended a multi-day outflows streak with $219.1 million inflows on Aug. 25, data from Farside Investors shows. Prior to these positive flows, the funds had posted net daily outflows every day last week. US spot Bitcoin ETF flows (Source: Farside Investors)  The biggest withdrawals for that period happened on Aug. 19, when investors pulled $523.3 mi...

XRP erases $10 billion in a day despite Ripple victory

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In just a matter of hours on Thursday, August 14, XRP’s market capitalization dropped from $192.28 billion to $182.73 billion, erasing nearly $10 billion in value.  The token is trading at $3.13 at the time of writing, down 3.88% on the daily chart, although it’s still up 2.47% this week following Ripple’s legal victory, according to CoinMarketCap . Hardly an isolated incident, it appears that the drop was largely a consequence of the U.S. Government’s newly reported inflation data showing the highest increase percentage since June 2022. XRP price and market cap. Source: CoinMarketCap Crypto market takes a hit following inflation reports Multiple U.S. risk assets tumbled today as new inflation data led to fresh concerns regarding Federal Reserve cuts. The July Producer Price Index (PPI) jumped 0.9% since June, well above the 0.2% forecast. On a year-over-year basis, it rose 3.3%, also above 2.5% expectations and June’s 2.4%.  Core PPI, which st...

Fidelity dumps 1,820 Bitcoin to buy this crypto

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On June 12, Fidelity dumped 1,820 Bitcoin (BTC), worth over $190 million in total, in one of the largest institutional Bitcoin moves in recent weeks.  At the time of writing, the total daily volume for BTC is up 35%, sitting at $71.09 billion. The price, on the other hand, sits at $105,102, down -1.83%, suggesting short-term price volatility. BTC 24-hour price. Source: Finbold Ethereum ETFs At the same time, Fidelity bought another 3,900 ETH, amounting to over $9.8 million. While Ethereum is down -7.24% in the past 24 hours, ETH ETFs seem to be breaking records, witnessing inflows above $110 million today. Compared to Fidelity, BlackRock went the extra mile with no less than 36,640 ETH, more than $92.5 million in total. And this is just two days after its already enormous $80.6 million purchase.  Whatever the numbers might suggest, all eyes seem to be on ETFs as institutional owners make unprecedented moves.  What’s more, with the Ripple v. SEC...

Pepe (PEPE) & Bitcoin (BTC)  Price Prediction For Mid May 2025

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The cryptocurrency market is gradually ascending, showing signs of revamp and renewal each day. The US tariff policies and the damage they have caused the market are also healing, with the market showing signs of embracing a new change. Bitcoin is also trading between $94k and $96k price levels, giving hope to people that the token can truly hit and cross the coveted $100k mark again. In this wake, the altcoins are also making a swift change, with coins like PEPE attracting more user momentum. Will Bitcoin (BTC) and Pepe (PEPE) be able to secure new highs as before? Let’s find out. Also Read: Binance Coin Prediction: AI Predicts BNB Price For May 10, 2025 Bitcoin Price Prediction Source: Watcher Guru Bitcoin is the leading market force, the guiding light that keeps the market intact and unhinged. BTC has lately been battered by multiple geopolitical forces, including the US tariff regime, which led the token to catapult to its current price levels. Despite its slow price momentum ...

Bitcoin Spot ETFs Score $1.81 Billion In Net Inflows As Market Revival Continues

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AI predicts Bitcoin price for April 30, 2025

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At press time, Bitcoin (BTC) was changing hands for $84,250 with the price of BTC increasing by 3.37% over the past 24 hours bringing year-to-date (YTD) losses down to 9.90%.  However, contextualizing the recent Bitcoin price increase is crucial. BTC price year-to-date (YTD) chart. Source: Finbold The cryptocurrency market shed $100 billion in value over the weekend, after having lost $100 billion on March 27. Macroeconomic concerns and worries surrounding the impact of tariffs dominate the narrative at present. Picks for you Ripple just unlocked 500 million XRP 2 hours ago Sui Network to unlock $150 million of SUI tomorrow – Sell time? 19 hours ago ...

Top Cryptocurrencies to Buy Now February 24 – Cosmos, Flare, OKB

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The cryptocurrency market is experiencing a dynamic phase as Bitcoin’s strong rally in early 2025 fuels optimism. While the overall market cap has slightly declined by 1.54% to $3.12 trillion, trading activity remains high, with a 24-hour volume surge of 23.14% to $84.33 billion. Many investors anticipate an altcoin season following Bitcoin’s gains, a pattern seen in previous bull runs. However, altcoins have shown mixed performance, with some pulling back after initial surges, creating uncertainty about the market’s next move. This article explores the top cryptocurrencies to buy now , focusing on promising altcoins for investors looking to diversify their portfolios.  Top Cryptocurrencies to Buy Now Aave is currently valued at $247.27, marking a 0.25% increase in the last 24 hours. Meanwhile, SOLX has secured over $23 million through its presale, with its token priced at $0.001644. In a recent update, Flare Networks launched a revamped website designed to en...

Pepe (PEPE) Price Prediction – Will PEPE Reach a New All-Time High in March?

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Pepe (PEPE) appears to be gearing up for a major comeback as market conditions align for a potential altcoin season. Despite being down nearly 3% on the day, analysts and traders are closely watching PEPE’s movement, anticipating a bullish breakout. The question arises: Will Pepe hit a new all-time high in March, or will the Layer 2 meme coin Solaxy be the better alternative? Pepe (PEPE) Price Analysis Currently, PEPE is positioned within a key entry zone, with a projected target price indicating a strong upward potential. Investors are eyeing this opportunity as a chance to capitalize on a swift rebound, with on-chain analytics showing a solid holding pattern among PEPE holders. On-chain data reveals that 86% of addresses hold less than $1,000 worth of PEPE, while 36% of holders are classified as cruisers, meaning they hold for a medium-term period. About 22% of holders are long-term investors with holdings spanning over a year, and 10% of holders are classified as traders...

Shiba Inu Price Prediction For 2049: Will SHIB Touch $1 Or Not?

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Shiba Inu is currently one of the leading meme coins, rising rapidly high on the investor radar. With the cryptocurrency market battling volatile forces at the moment, SHIB’s momentum has slowed down significantly, leading the token to trade at a low price value spot of $0.00001605. That being said, will SHIB ever be able to “truly” break out and establish incredible price highs as it did in 2021? Let’s find out. Also Read: Tesla’s 11,509 Bitcoin Stash Worth Over $1 Billion Revealed in SEC Filing Shiba Inu: Will The Token Gain Momentum Soon? Source: Watcher Guru Shiba Inu is currently at the center of speculation, given its massive popularity and potential. In the latest SHIB development, the token has struck a new partnership with the UAE government to “energize web3.” Such promising developments can be one of the pivotal keys to pushing XRP to new highs, possibly helping the token come out of its price slump as soon as possible. “Shiba Inu has joined forces with the ...