Author: NBTC
Net outflows for US spot Bitcoin ETFs (exchange-traded funds) approached the $1 billion threshold on Tuesday. It marks the extension of these losses, with weekly outflows approaching $1.5 billion. The Bitcoin ETF outflows come amid a broader market sell-off, hugely provoked by macroeconomic concerns after President Trump’s tariff threats. Bitcoin ETF Net Outflows Near $1 Billion Data on Farside Investors and Trader T’s analysis show that Bitcoin ETF net outflows reached $937 million on Tuesday. Fidelity’s FBTC led these outflows with $344 million, followed by BlackRock’s IBIT at $164 million in redemptions. Similarly, Bitwise’s BITB and Grayscale’s BTC each recorded…
Bitcoin being the marquee coin for crypto as a whole, is watched closely for its latest price swings but with a spike in its trading volume. Ki Young Ju, the CEO of CryptoQuant, contests that big players on Coinbase “whales,” are the ones affecting Bitcoin’s price Coinbase whale(s) are driving BTC price action. Spot volume dominance +30% in 7 days, CB premium negative. pic.twitter.com/6hszgLw9iY — Ki Young Ju (@ki_young_ju) February 26, 2025 Coinbase Spot Volume Surges as Bitcoin Wobbles Over the past week, trading of Bitcoin on Coinbase surged by more than 30%, reflecting a rise in Bitcoin trading on…
The current trading price of Ethereum (ETH) is $2,464, which is the result of a robust 11.32% increase in the last 24 hours—a sign that short-term buying pressure is building. This strong rally, however, is juxtaposed against a 25.58% decline over the last 30 days, indicating that while there may be a temporary surge in demand, the overall long-term trend remains bearish. Such mixed performance shows the inherent volatility of the crypto market and highlights the need for a detailed technical analysis. Ethereum Price Analysis Recent analysis shows that Ethereum finds strong support around the $2,400 level. This range has…
Crypto strategist Michaël van de Poppe is outlining a potential path for Bitcoin (BTC) that he believes would lay the groundwork for the next phase of the bull market. The analyst tells his 777,600 followers on the social media platform X that bearish sentiment for crypto is at a high, suggesting that the bottom for the current market correction is close. According to the trader, Bitcoin’s latest move below $90,000 is designed to tap resting buy orders before igniting the next leg up. “Bitcoin needs to take all the liquidity. That’s what we’re currently doing. Ultimate bottom case? $83,000-87,000. Then…
A closely followed crypto analyst says deep-pocketed investors are loading up on the leading smart contract platform Ethereum (ETH). Citing data from crypto analytics firm Santiment, trader Ali Martinez tells his 129,100 followers on the social media platform X that Ethereum whales accumulated over $422 million worth of ETH in just one day. “Whales bought another 190,000 Ethereum ETH in the last 24 hours, shows data from Santiment!” Source: Ali Martinez/X At time of writing, ETH is worth $2,221. Looking at Bitcoin (BTC), Martinez identifies crucial support and resistance levels for the crypto king based on investor cost basis. “The…
Aptos, a prominent L1 blockchain, has recently unveiled the integration of $USDe, the flagship stablecoin of Ethena Labs, the popular synthetic dollar issuing protocol. The integration of $USDe underscores a beneficial development for Aptos, expanding its DeFi ecosystem. $USDe operates as a decentralized and yield-generating stablecoin and its inclusion into Aptos makes the platform the 3rd-biggest entity in the case of stablecoins. 🚨 USDe has landed on Aptos—which now supports the world’s three largest stablecoins.By bringing @Ethena_Labs assets to Aptos, the ecosystem can take advantage of another powerful option for liquidity, trading, and yield generation in Aptos DeFi.Money Moves Better…
While the leading cryptocurrency Bitcoin (BTC) fell to $ 88,000 with a sharp decline, the risk of further decline continues. At this point, analysts state that Bitcoin could test the next support levels, with one analyst stating that the price could drop to $81,600. Galaxy Digital research president Alex Thorn announced the critical levels for Bitcoin in his post from the X account. Thorn, who used the URPD indicator in this analysis, which shows the amount and price at which Bitcoin was purchased, stated that there was almost no transaction in BTC between $ 75,000 and $ 85,000. According to…
Ethereum price started a fresh increase from the $2,080 zone. ETH is now back above $2,400 and facing hurdles near the $2,550 level. Ethereum started a decent increase above the $2,350 resistance zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,500 and $2,550 resistance levels to continue higher. Ethereum Price Rallies 10% Ethereum price extended losses below $2,200 before the bulls appeared, like Bitcoin. ETH tested…
‘Highly speculated on, but frustratingly vague’ is a sentence that can be used to describe Jeffrey Epstein’s links to almost anything in the world in the last two decades, and cryptocurrency is no different. Indeed, despite him being a ‘level three’ sex offender – deemed likely to repeat the offence – digital assets media welcomed the billionaire financier as something of a counterweight to JPMorgan’s (NYSE: JPM) Jamie Dimon. At the time, Dimon was already known as an exceptionally harsh cryptocurrency critic, making Epstein’s credibility as a businessman important for the industry’s legitimacy after he commented on Bitcoin’s (BTC) strong…
Jupiter’s founder, Meow, has announced plans to lock 280 million JUP tokens (worth over $204 million) that he personally holds until 2030, following the launch of the first JUP token repurchase initiative. This decision comes as part of a broader strategy to ensure the long-term stability and growth of the Jupiter ecosystem. Jupiter’s Long -Term Strategy: Founder Locks 290 Million JUP In a recent article, Meow outlined the future development plan for JUP tokens, presenting a comprehensive long-term strategy centered around the “GOAT Framework,” i.e., Governance, Transparency, Organic growth, and Synergy. As part of this framework, Meow revealed three key…