Chart technician “Charting Guy” told his audience that XRP’s current four-hour structure suggests a measured climb toward a cycle peak near $8—yet nothing higher. Displaying a BITSTAMP four-hour chart overlaid with multi-sigma deviation bands, he wrote that XRP is “over this standard deviation and we likely move up quickly to the next one at the…
Plaintiffs accuse Nike of promoting unregistered securities. NFTs linked to RTFKT fell from $8,000 to $16 after closure. Lawsuit highlights legal uncertainty around NFTs as securities. Nike is facing a $5 million class-action lawsuit that claims the company misled investors by promoting non-fungible tokens (NFTs) tied to its RTFKT platform before abruptly shutting it down….
Strategy (MSTR) added another 15,355 BTC to its balance sheet over the past week, spending about $1.42 billion on the purchase, or an average price of $92,737 per bitcoin, according to a filing published on Monday. The company’s bitcoin holdings have now risen to 553,555 BTC worth more than $52 billion at bitcoin’s current price…
Coinbase, the world’s third-largest cryptocurrency exchange by volume, is launching the Coinbase Bitcoin Yield Fund on May 1, aiming to offer Bitcoin (BTC) exposure for institutional investors outside the US. The fund targets an annual net return of 4% to 8% on Bitcoin holdings, according to an April 28 blog post by Coinbase. “To address…
El Salvador’s Bitcoin stash grows to 6,161 BTC, as the IMF begins its first program review tied to economic and fiscal reforms. El Salvador’s Bitcoin stash grows to 6,161 BTC, as the IMF begins its first program review tied to economic and fiscal reforms. , Coins Decrypt
Cryptocurrency exchange-traded products (ETPs) bounced back with their third-largest inflows on record last week, according to CoinShares. Global crypto ETPs collectively posted $3.4 billion of inflows in the trading week of April 21–25, marking the highest level since December 2024, CoinShares reported on April 28. The inflows were just 13% below the all-time high of…
10% weekly gain marks Bitcoin’s strongest move in weeks. Profit/Loss ratio close to 1.0, hinting at potential breakout. Greed sentiment reaches its highest level since November 2024. Bitcoin has broken above $90,000 after five weeks of sideways trading, reigniting excitement across the cryptocurrency market. As of now, Bitcoin is trading near $94,680, posting over a…
New XRP addresses reach two-week high of 3,677. Liveliness metric drops to 0.81, signalling reduced selling pressure. RSI at 60.10 indicates strong buying momentum XRP has recorded an impressive 10% rise over the past week, trading at $2.32 at the time of writing. The surge comes amid a broader market recovery, as traders return and…
European ETFs recorded $93 billion in net new assets during the first quarter of 2025, marking their highest inflows on record and surpassing the previous high of $91 billion set in Q4 2024. Per Invesco’s latest European ETF Snapshot, despite largely flat equity returns, rising commodity prices, and solid fixed income gains, pushed total European…
Key takeaways: XRP futures ETF approval fuels bullish momentum ahead of April 30 potential launch. Whales are stacking XRP despite recent sharp corrections. A technical breakout hints at a potential 55% rally toward $3.63. XRP (XRP) rose by nearly 5% to hit an intraday high of $2.36 on April 28, extending a three-week rebound that…