Heavy institutional activity drives 38% volume spike while XRP lags broader crypto rally, signaling hidden sell pressure beneath the surface. News Background XRP gained 0.50% to $2.0925 during Tuesday trading but materially underperformed the broader crypto market by 1.77%. Despite the modest advance, trading volume surged 37.94% above weekly norms, indicating significant institutional participation. However,…
Despite the breakout, DOGE faces significant structural resistance from major EMAs. Source link
Bitwise’s crypto fund has just become the second crypto index to begin trading, letting individual traders and institutions access to multiple cryptocurrencies in a single investment vehicle. . The Bitwise 10 Crypto Index Fund (BITW), a $1.25 billion vehicle tracking the 10 largest digital assets, received the U.S. Securities and Exchange Commission (SEC)’s approval to…
Good Morning, Asia. Here’s what’s making news in the markets: Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas. Crypto markets in Asia are opening to a steadier BTC, but the…
BlackRock’s filing for a staking ether ETF earlier this week has contributed to ETH’s relative strength to bitcoin, one market strategist noted. Source link
A Republican U.S. senator who has been at the center of talks over the crypto market structure bill that’s the industry’s top policy priority, Senator Cynthia Lummis, said that the White House has resisted ethics language she hashed out with Democrats. That’s left the Wyoming lawmaker as a go-between trying to satisfy Democratic colleagues in…
Dogecoin finally forced a resolve on its multi-session compression, punching above $0.15 on a volume-backed breakout that signaled the first real momentum shift in days as ether ETH$3,125.08 zoomed 8%. The move came as targeted buying hit the meme-coin complex while the broader market rallied, giving DOGE relative strength into the close. The breakout now…
Weary U.S.-based bitcoin BTC$92,336.21 bulls might think it’s their imagination that they seem to wake up every morning to BTC doing pretty well only for prices to head lower during the U.S. trading session. They are, in fact, not imagining things. Data from crypto analytics platform Velo.xyz shows that over the past year, bitcoin is…
XRP posts respectable gains but continues to trail the wider digital asset surge, with below-average volume raising questions about the strength behind the move as bitcoin rocketed above $94,000 and broad-market liquidations reshuffle positioning. News Background Bitcoin’s sudden push above $94,000 triggered a broad rebound across major crypto assets, with nearly every large-cap token registering…
APT$1.9008 gained 7.8% to $1.91 over the last 24 hours, outpacing the broader cryptocurrency market as institutional flows drove price through key technical resistance. The rally advanced from $1.78 to $1.91, establishing clear upward momentum with support holding firm at the $1.74 level, according to CoinDesk Research’s technical analysis model. The broader market gauge, the…
