Ethereum is once again trading at critical demand levels, testing the lower boundary of a six-week range that began forming in early May. After briefly climbing toward $2,800 earlier this month, ETH has retraced back to the $2,400 zone, reigniting debate about whether this is a healthy consolidation or a sign of further downside to…
Ether (ETH) ETH posted a modest recovery on Saturday after a volatile week marked by outsized institutional outflows. On Friday, June 20, spot ETH ETFs listed in the U.S. recorded $11.3 million in net outflows — the largest single-day decline in June, according to data from Farside Investors. The pullback was led by BlackRock’s ETHA…
After another strong play for its all-time high in the past week, the price of Bitcoin has struggled to build on its recent bullish momentum. Over the last few days, the premier cryptocurrency has been specifically slow and lethargic. On Friday, June 20, the Bitcoin price took a severe hit — together with the rest…
Tron (TRX) has captured investor attention once again with major developments surrounding its future. On Monday, Nasdaq-listed SRM Entertainment (SRM.O) confirmed a strategic agreement with Tron founder Justin Sun. The deal will see SRM acquire Tron tokens, rebrand itself as “Tron Inc.,” and onboard Sun as an adviser, effectively bringing Tron closer to becoming a…
Bitcoin (BTC) BTC continues to struggle for direction amid mounting macroeconomic pressures and a notable deterioration in retail investor sentiment. The asset is hovering near $103,700 following a volatile 24-hour stretch, in which it briefly dropped below $103,400 before staging a modest recovery, according to CoinDesk Research’s technical analysis model. This price behavior reflects an…
After the market crash that sent the Bitcoin price falling toward $100,000, the XRP price also saw a notable decline, and this crash has brought it toward an important level. While the digital asset continues to hold above the $2.1 level, it remains critical support and a break below this could be negative for the…
Since Warren Buffett announced his retirement plans on May 3, Berkshire Hathaway’s (NYSE: BRK.A) stock price has unexpectedly lagged the broader market, despite starting the year on a strong note. When the ‘Oracle of Omaha’ first shared his plan to step down, the S&P 500 was 5,686. Since then, the index has climbed to 5,967, …
Canada’s first spot XRP exchange-traded fund (ETF), launched by Purpose Investments under the ticker XRPP.U, has had a tough start since debuting on the Toronto Stock Exchange (TSX) on June 18. This product is the world’s second spot XRP ETF, following Brazil’s Hashdex offering. Notably, the Purpose XRP ETF closed 1.63% lower at $9.68 on…
The planned raise, originally targeting $1 billion at a $4 billion valuation, has been pushed to mid-July. Social media platform X suspended Pump.fun and the founder’s accounts on 16 June. The auction was initially scheduled for 25 June with a $4 billion valuation. Solana-based memecoin launchpad Pump.fun has delayed its public token auction once again,…
Amid the market performance, BNB is attempting to reclaim the $650 level. Some analysts believe that a breakout toward the $700 barrier might occur next, which could lead to a bigger move to new highs. BNB Breakout To Retest $700 On Friday, BNB dropped to the $640 support after failing to hold the mid-zone of…
