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Bitcoin has been under significant selling pressure over the past seven days, with its price dropping below $80,000 for the first time since last April, when US President Donald Trump announced tariffs on several countries. The latest downtrend has led to over $2 billion in liquidations, according to data from CoinGlass. It has also caused
2 min read
Bitcoin has surged 4.9% over the past 24 hours, currently valued at $95,102, according to data from CoinGecko. Analysts attribute the latest rally to increased spot buying and believe that a continued stay above the $95,000 level could propel BTC to $100,000 for the first time since mid-November. In an X post on Tuesday, market
Andrew Richard2 min read
Bitcoin has dropped below $88,000, signaling a decreasing demand at higher prices. Institutional investors have played a critical role in the latest downtrend, having withdrawn hundreds of millions from spot Bitcoin exchange-traded funds (ETFs) since Monday, according to Glassnode data. Alongside ETF outflows, continued inactivity by retail traders in the market has been detrimental to
Andrew Richard3 min read
Bitcoin buyers attempted to stage a recovery at the start of the week, but increased selling rendered their efforts unfruitful. The coin is currently trading below $86,000 for the first time since April 2025, according to data from CoinGecko. While market sentiment among retail investors remains largely bearish, some analysts are optimitic that the worst
Andrew Richard3 min read
Cryptocurrencies are continuing to recover from the sharp price drops witnessed last Friday, when Donald Trump announced his 100% tariff plan on Chinese imports. The announcement from the US President triggered liquidations of nearly $20 billion, as reported by CoinGlass. As leveraged traders faced significant losses and exited the market forcibly, long-term investors made an
Andrew Richard3 min read
Bitcoin’s price has remained above the $112,000 key support over the past 24 hours, even after news broke that Israel had targeted Hamas leaders hiding in Qatar. This price action signals traders’ growing confidence that the US Federal Reserve would likely take a dovish approach in its upcoming meeting, a move that could propel BTC
Andrew Richard3 min read
Amplify has sought approval for an XRP ETF. Gumi has acquired $17 million worth of XRP, indicating huge interest from large investors and firms worldwide. Asset manager Amplify, with $12.6 billion under management, has filed for an ETF with the U.S. Securities and Exchange Commission. Known as XRP Option Income, the filing shows plans to
Bradley Nelson3 min read
Bitcoin surpassed the all-time high of $123,206 and rallied to $124,414 on Thursday morning. The surge comes amid growing speculations that the US Federal Reserve could announce its first rate cut of the year next month, following a positive Consumer Price Index (CPI) report earlier this week that showed declining inflation in the United States.
Andrew Richard3 min read
Bitcoin bears have continued to defend the $120,000 resistance, but the bulls haven’t allowed them to pull the coin below key support levels. This suggests that the bulls intend to push BTC above that key barrier to start the second leg of the uptrend in the coming days. According to Tom Lee, the head of
Andrew Richard3 min read
The Darkweb threat actors intend to start selling this database soon. Gemini has launched an XRP cashback rewards program for its credit card users. Darkweb Threat actors, who claimed to have thousands of Gemini and Binance users’ records, including names, passwords, and location data, are putting up the lists for sale online. In a blog
Bradley Nelson3 min read
Key insights: Ripple CEO Brad Garlinghouse expressed optimism regarding the future of stablecoins in Japan, particularly for a Yen-backed stablecoin. In a recent interview with Bloomberg’s The China Show on September 7, Garlinghouse indicated that Japan’s favorable regulatory environment has fostered a promising market for stablecoin development. However, Ripple plans to focus on the launch
Curtis Dye3 min read
