Auto Added by WPeMatico

Ripple (XRP) Funds Continue to Defy Crypto ETF Downtrend With Fresh Inflows

In times when almost all exchange-traded funds tracking cryptocurrencies are deep in the red, the spot XRP funds have continuously managed to defy the trend by attracting new capital. Meanwhile,…

Continue ReadingRipple (XRP) Funds Continue to Defy Crypto ETF Downtrend With Fresh Inflows

Bitcoin Nears Potential Bottom, But Demand Conditions Remain Unfavorable: CryptoQuant

Historical on-chain data suggest that bitcoin (BTC) may be nearing a bottom in this bear market, but demand conditions signal the asset still has a long way to go. According…

Continue ReadingBitcoin Nears Potential Bottom, But Demand Conditions Remain Unfavorable: CryptoQuant

Speculative Interest in BTC Fades Across Traditional Markets, On-chain Data Shows

Analysts at the market research firm Glassnode have highlighted on-chain data indicating a weakening of speculative appetite for bitcoin (BTC) in traditional finance (TradFi) markets. According to a tweet from…

Continue ReadingSpeculative Interest in BTC Fades Across Traditional Markets, On-chain Data Shows

Bitcoin ETFs Extend Major Red Streak, But There Is a Light at the End of the Tunnel

For the fifth consecutive week, the spot exchange-traded funds tracking the world’s largest cryptocurrency have ended in the red with more outflows than inflows. However, the numbers are nowhere near…

Continue ReadingBitcoin ETFs Extend Major Red Streak, But There Is a Light at the End of the Tunnel

Bitcoin ETFs Recorded Their Worst Week Since Inception Amid BTC’s Massive Price Slide

The spot exchange-traded funds tracking the world’s largest cryptocurrency are typically a solid sign of how the underlying asset’s price performs, unlike some of the altcoins. As such, it’s perhaps…

Continue ReadingBitcoin ETFs Recorded Their Worst Week Since Inception Amid BTC’s Massive Price Slide

Bitcoin’s $20K Collapse: 6 Reasons Behind the Crash and What Happens Next?

Bitcoin is currently knocking on the door that helped it bounce during the February crash at $60,000. The asset dumped toward $61,000 earlier today, which was hard to imagine just…

Continue ReadingBitcoin’s $20K Collapse: 6 Reasons Behind the Crash and What Happens Next?

Bitcoin Sees Slow Bleed as Distribution-Driven Selling Pressure Intensifies: Bitfinex

Similar to previous bear markets, bitcoin (BTC) is now on track to experience a slow bleed regime. As analysts explained in the latest Bitfinex Alpha report, this seasonal pattern is…

Continue ReadingBitcoin Sees Slow Bleed as Distribution-Driven Selling Pressure Intensifies: Bitfinex

The Surprising Disconnect Between Bitcoin’s Price and Network Activity

Bitcoin’s on-chain activity remains well below the levels seen during the peak of the 2021 bull market. In May 2021, the network averaged roughly 1.12 million active addresses per day…

Continue ReadingThe Surprising Disconnect Between Bitcoin’s Price and Network Activity