The Spot Bitcoin ETF registered another day of influx on Thursday, coinciding with a rally of coins that surpassed the $100,000 mark for the first time since February. No major ETFs saw spills during yesterday’s session, confirming new institutional trust in the long-term trajectory of the assets. Bitcoin ETF sees another day of inflow Yesterday, the Bitcoin-backed ETF recorded a net inflow of $117.46 million, down 17% from the previous day’s $142.31 million. A small dip could reflect profits after BTC surges above $100,000, but the ongoing inflow still shows investors’ confidence in major cryptocurrencies. Total Bitcoin Spot ETFs inflows.…
Author: ₿e Proud
Virtual has lost almost 40% in the last 24 hours and has emerged as the top performer of Crypto Market. These double-digit profits came as the major Coin Bitcoin (BTC) recently regained a price of $100,000, leading to wider gatherings across Altcoins. Virtual surges show no signs of slowing down The virtual token rally, currently trading at a three-month high of $2.14, shows no signs of slowing down. Technical indicators on the daily chart suggest that momentum could continue in the short term as market purchase pressures increase. One such indicator is the hypothetical accumulation/distribution (A/D) line. This is on…
XRP has recently shown significant benefits promoted by the end of the long-standing Ripple-SEC lawsuit. After reaching a settlement with the SEC, Ripple agreed to pay $50 million, a penalty of initially $125 million. This news helped raise the price of XRP. However, despite positive developments, rising profits for short-term holders (STH) could threaten a sustained recovery in Altcoin and prevent breakouts above key resistance levels. XRP investors are sending bearish signals The long, short difference in MVRV, currently at a low of 31 months, indicates an increase in profits for short-term holders. If this indicator is low, it suggests…
Over the past 24 hours, intraday trading activity has skyrocketed across the crypto market, and sentiment has become more and more bullish. This momentum is reflected in its total market capitalization of over $221 billion. With increasing purchasing pressure across the market, Saros, Moodeng and Pepe are some of the most searched assets of today. Saros (Saros) Saros is up today at a modest 3%. This is one of the things trending Altcoins traders are considering today. It is currently trading at $0.15, with technical indicators suggesting that Altcoin could extend the rally. For example, measurements from the moving average…
The HBAR has shown strong upward movement over the past month, reaching $0.19 recently, approaching a significant $0.20 resistance level. Altcoin’s rally is supported by a wider market shift, placing HBAR for potential breakouts. This could mark the end of the recent downward trend and a significant price recovery. The hbar bear may end soon The death cross that occurred on April 13, when the 200-day EMA fell below the 50-day EMA, sparked concern among HBAR traders. However, HBAR’s recent price momentum suggests that the Cross of Death could end sooner than expected. As the current bullish trend continues, the…
Cardano prices have skyrocketed 10% in the last 24 hours, reaching two months high, riding the wave of rallies in the wider crypto market. The sharp movement pushed the ADA to the level it last saw in early March, rekindling bullish sentiment between spots and derivative traders. Cardano’s 10% Pump Spark Surges Profitable Supply Chain data from Santiment reveals that Cardano’s double-digit gathering has boosted the percentage of profit supply. At the time of this writing, approximately 74.14% of the ADA’s distribution supply (equivalent to 269.1 billion tokens) are currently making profits. Cardano percent of total supply of profit. Source:…
The Crypto market has experienced a significant surge in trading activity this week following the US Fed’s decision to stabilize interest rates. In the wider assembly, on-chain data revealed the accumulation of whales in several important altcoins. Here are the top altcoins purchased by Crypto Whales in the second week of May: Ethereum (eth) The major Altcoin ETH has emerged as one of the assets Crypto whales have paid attention this week. Altcoin recovered $2,000 two days ago following the successful implementation of the Federal Reserve Dovish Stance and Pectra upgrades. These catalysts help restore bullish momentum, and ETH whales…
Ethereum (ETH) has experienced its largest day gathering since 2021, rising 31% in just 24 hours. Surges helped bring ETH closer to a critical resistance level of $2,500 following the successful implementation of the Pectra upgrade. However, despite impressive returns, there is a challenge as investors’ actions can hinder further price movements. Ethereum Pectra upgrades are live The Pectra upgrade has had a major impact on market sentiment over Ethereum, with the exchange having recorded a net inflow of $15.6 billion since its launch. On May 8 alone, $12 billion worth of ETH was sold, marking the highest daily sales…
Crypto US stocks focus today on Coinbase (Coin), Strategy Incorporated (MSTR) and Mara Holdings (Mara) responding to key revenues and Bitcoin milestones. Coin surprised traders by shutting down 5.06% despite lack of first-quarter revenue and EPS expectations. MSTR continues to surge along with Bitcoin, and its holdings are currently worth nearly $54 billion. Meanwhile, Mara jumped 7.20% after imposing strong revenue growth and outlined a strategic shift towards digital energy infrastructure. Coinbase (coin) Coinbase’s first quarter 2025 revenue report released yesterday did not meet market expectations. Revenue fell below forecast to nearly $200 million, with EPS falling to just $0.24…
The crypto market emerged today as the US and UK announced trade agreements. This bullish silence has also been extended to Memecoin. Beincrypto has analyzed three meme coins that investors can watch. Peanut squirrel (pnut) Release date – November 2024 Total circulation supply – 999.85 million PNUT Maximum supply – 999.85 million PNUT Complete Dilution Evaluation (FDV) – $266.38 million Contract Address – 2QEHJDLDLBUBGRYVSXHC5D6UDWAIVNFZGAN56P1TPUMPUM PNUT is emerging today as one of the best performing coins, surged 76% to two months high. Currently trading at $0.279, Meme Coin faces significant support of $0.260. Ensuring this level of support is important to…