XRP price remained in a consolidation phase this week as volume in the spot market waned and exchange-traded funds suffered the biggest outflow ever. Summary XRP price has formed a bearish pennant pattern on the eight-hour chart. This pattern points to more downside in the coming days. Spot XRP ETFs suffered a $40 million outflow…
He also explained why he believes silver is ‘superior.’ Two months after indicating that he had cashed out his BTC holdings to venture into other investments, the New York Best-Seller author said on X that he will continue to buy bitcoin, ether, gold, and silver. Moreover, he noted that he doesn’t care about the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure On-chain data from CryptoQuant shows GameStop has deposited its entire Bitcoin stack into Coinbase Prime, a potential sign of selling. GameStop Has Transferred 4,710 BTC To Coinbase Prime In a new post on X, on-chain analytics firm CryptoQuant has revealed how GameStop…
GameStop has transferred its entire Bitcoin holdings to Coinbase’s institutional trading platform, sparking speculation that the video game retailer may be reconsidering its Bitcoin treasury strategy. “GameStop throws in the towel?” blockchain intelligence platform CryptoQuant asked in a post to X on Friday after noticing that GameStop moved its entire 4,710 Bitcoin (BTC) stash worth…
Dollar indexes post their largest weekly declines since June as tariff reversals and rate cut bets weigh on sentiment. The US dollar is heading for its steepest weekly decline in seven months as volatile US-Europe relations and rising policy uncertainty pressure the currency. The dollar index, which tracks the US currency against a basket of…
A consortium of 10 European banks has established a company called Qivalis to launch a euro-pegged stablecoin, according to an announcement from the group. The initiative aims to provide an alternative to U.S. dollar-dominated digital payment systems. Summary Major European banks have formed a consortium called Qivalis to launch a euro-pegged stablecoin, aiming to counter…
Merkle plans to return the full $180M raised to investors, framing the move as responsible capital management. Farcaster co-founder Dan Romero said on January 22 that the decentralized social protocol is not shutting down, pushing back against online claims that followed its acquisition by Neynar earlier this week. He also said Merkle, Farcaster’s parent…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The US crypto market has welcomed a new entrant as 21Shares rolls out its Spot Dogecoin ETF, giving investors another avenue to engage with the infamous dog-themed meme coin. Trading kicked off amid a mix of curiosity and caution, with on-chain data…
The Office of the Comptroller of the Currency said no political or personal financial ties will impact the procedural review of World Liberty Financial’s bank charter application. The Office of the Comptroller of the Currency has knocked back US Senator Elizabeth Warren’s bid to pause the review of World Liberty Financial’s application for a national…
Binance is preparing to revive stock trading on its platform, revisiting a business line it shut down in 2021 after regulatory scrutiny, according to a report by The Information. Binance launched tokenized equities in April 2021, starting with Tesla and later adding stocks including Coinbase, Strategy, Microsoft, and Apple. The service was discontinued by July…
