Wallets tied to the Libra token continue to draw liquidity and have purchased $61.5 million in Solana, despite asset freezes and fraud probes.
Crypto stocks plunged on Monday, with Coinbase, Marathon Digital, Riot, CleanSpark, Circle and Strategy all sliding sharply.
Bitcoin and Ether ETFs saw another day of heavy withdrawals, while Solana ETFs maintained an uninterrupted inflow streak since launch.
Bitwise’s Matt Hougan said a price bottom is coming soon and will present a “generational opportunity” and a “gift for long-term investors.”
XRP supply in profit is at its lowest levels in 12 months, and one analyst has warned of further downside if investors decide to cut their losses. Could XRP ETFs bring the bulls back?
A handful of XRP ETFs could launch this week, leading traders to predict the start of a new rally, but the desired bullish momentum is dependent on the altcoin holding above $2.20.
Bitcoin attempted a recovery but is facing selling at higher levels, indicating that bears continue to sell on rallies.
Investors retreat from crypto ETPs across major regions, resulting in a 27% decline in AUM from October’s peak as uncertainty drives a shift toward safer products.
SGX is aiming to capture rising institutional crypto demand by launching the second set of Bitcoin and Ether perpetual futures products in Singapore.
Bitcoin’s price is now at a “pivotal juncture” as the fate of the market cycle depends on incoming macro signals and maintaining key technical price levels.