Last week, Bitcoin-backed funds saw net inflows of $600 million. While this was a positive influx of capital, it represented a sharp 67% decline from the $1.81 billion recorded the previous week. Interestingly, this slowdown in institutional flows occurred despite BTC’s rally above the $100,000 price mark for the first time since early February. So, […]
Category Archives: Analysis
26
May
May
Hedera (HBAR) has seen a significant rise in recent weeks, as the altcoin works to recover losses sustained in the past. Over the last six weeks, HBAR’s price has been steadily climbing, with traders hoping that this upward momentum will continue. The recent price action marks a two-month high for the token, indicating positive market […]
26
May
May
Cardano has seen a notable price increase in recent days, reflecting broader market improvements. The altcoin is currently trading at $0.79, marking a 17% gain over the past three days. Alongside favorable market conditions, bullish signals from the network itself indicate that Cardano’s price could be on the path to recovery of the 40% losses […]
26
May
May
Solana (SOL) and SUI have both garnered significant attention in the crypto market, sparking discussions about their competition. While both crypto projects show promise, the reality is that Solana is currently outperforming SUI. Despite the hype, they may not be in as close a competition as the market perceives. Solana Wins The Institutions Back Solana […]
26
May
May
Immutable X (IMX) has shown positive momentum in the past month, pushing the altcoin to a critical juncture in its price action. Currently trading at $0.72, IMX is attempting to break past a long-standing resistance level. However, it faces challenges as a significant portion of the token’s supply, about 117 million IMX worth over $84 […]
26
May
May
Today, Bitcoin’s price surged above $105,000, following a major breakthrough in US-China trade negotiations. The king coin hit a price high of $105,705 as trading activity surged across the financial markets. Although it has since witnessed a slight pullback, bullish pressure remains strong across BTC’s spot and derivatives markets, indicating the likelihood of a sustained […]
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