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Source: Benzinga News Agency
2 weeks ago
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Ark Invest Cashes Out $40 Million From Bitcoin ETF Even as BTC Pops 23% Over a Month

Ark Invest dumped a significant number of shares of ARK 21Shares Bitcoin ETF (BATS:ARKB) on Monday after the ETF's impressive run over the month. Bitcoin ETF Sold Off Ark Invest, founded by veteran investor Cathie Wood, sold 466,133 shares of ARKB through its ARK Next Generation Internet ETF (BATS: ARKW) and 1.06 million shares through ARK Blockchain & Fintech Innovation ETF (BATS:ARKF).

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Source: Benzinga
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Source: Invezz News Agency
2 weeks ago
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XRP jumps 6% as traders turn bullish, but overheating signals are flashing

Ripple (XRP) extended its gains on Tuesday after rallying more than 6% during the previous session. Improving long-to-short ratios and positive funding rates indicate that derivatives traders are increasingly positioned for further price gains. However, data from CryptoQuant presents a more cautious picture, showing overheating conditions and sell-side pressure in parts of the futures market. XRP derivatives traders turn bullish CoinGlass data shows that long positions currently outnumber shorts for both cryptocurrencies. XRP's long-to-short ratio stood at 1.15 on Tuesday. A reading above 1 indicates that more traders are betting on price increases than declines. Funding rates also support the bullish outlook. XRP's funding rate turned positive on Monday and reached 0.0079% on Tuesday.

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Source: Invezz
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Source: Blockonomi News Agency
2 weeks ago
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Dogecoin (DOGE) Whales Accumulate 240M Tokens as Technical Buy Signal Emerges

Dogecoin (DOGE) Whales Accumulate 240M Tokens as Technical Buy Signal Emerges

The popular meme cryptocurrency is currently changing hands near $0.0848 following a successful defense of critical support between $0.080 and $0.082. Price action has tested the lower boundary of an ascending channel pattern on two occasions, with technical analysts identifying $0.093 as the subsequent overhead resistance zone.

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Source: Blockonomi
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Source: Crypto news News Agency
2 weeks ago
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Strategic Bitcoin Reserve bill set for House committee vote Wednesday

Strategic Bitcoin Reserve bill set for House committee vote Wednesday

The U.S. House Financial Services Committee has scheduled a markup of legislation that would put the federal Strategic Bitcoin Reserve into law and require government-held Bitcoin to remain in the reserve for at least 20 years.

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Source: Crypto news
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Source: Blockonomi News Agency
2 weeks ago
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Strive Stock Surges 100% in One Month Amid Aggressive Bitcoin Accumulation

Strive Stock Surges 100% in One Month Amid Aggressive Bitcoin Accumulation

Strive, operating as both a Bitcoin treasury corporation and asset management firm, expanded its digital asset portfolio by 469 Bitcoin during the previous week, deploying $36.6 million at an average acquisition cost slightly below $78,000 per token. This transaction elevates the firm's aggregate Bitcoin position to precisely 25,000 BTC, representing approximately $1.95 billion in current market value.

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Source: Blockonomi
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Source: Blockonomi News Agency
2 weeks ago
Cryptocurrency Medium Importance
Are Institutions Shifting Capital From Bitcoin (BTC) to Ethereum (ETH)?

Are Institutions Shifting Capital From Bitcoin (BTC) to Ethereum (ETH)?

Last week witnessed United States spot Bitcoin ETFs registering $462.7 million in net capital exits, terminating a three-week period of positive inflows. Simultaneously, Ethereum ETFs attracted $196.9 million, prompting speculation about potential shifts in institutional investment strategies.

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Source: Blockonomi
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Source: Coinspress News Agency
2 weeks ago
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XRP Ledger Nears Batch Upgrade After Major Security Rework

XRP Ledger Nears Batch Upgrade After Major Security Rework

The XRP Ledger is close to beginning the activation process for Batch V1.1, an amendment designed to coordinate multiple payments, trades and other actions as a single workflow after an earlier version was withdrawn over a serious authorization vulnerability.

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Source: Coinspress
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Source: Blockonomi News Agency
2 weeks ago
Cryptocurrency Medium Importance
Are Institutions Rotating Capital From Bitcoin (BTC) to Ethereum (ETH)?

Are Institutions Rotating Capital From Bitcoin (BTC) to Ethereum (ETH)?

Last week saw a notable divergence in cryptocurrency ETF flows, with spot Bitcoin ETFs hemorrhaging $462.7 million in net capital while Ether ETFs simultaneously attracted $196.9 million. This contrasting pattern has sparked discussion about potential institutional reallocation between the two leading digital assets.

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Source: Blockonomi
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Source: Cryptopolitan News Agency
2 weeks ago
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Solana just tripled its transaction capacity, What comes next?

Solana just tripled its transaction capacity, What comes next?

Solana implemented the Transaction V1 feature on its mainnet on Tuesday, making it possible to add more data to each transaction. This will give developers more room for carrying out complex actions in one atomic process.

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Source: Cryptopolitan
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Source: CoinPedia News Agency
2 weeks ago
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Dogecoin Price Could Be Ready for a Breakout as Whales Accumulate 240M DOGE

Dogecoin Price Could Be Ready for a Breakout as Whales Accumulate 240M DOGE

Dogecoin is showing signs of renewed demand after large holders added more than 240 million DOGE during the latest price correction. DOGE is trading near $0.083, with the recent rebound keeping the token above the support base formed after its multi-month downtrend.

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Source: CoinPedia
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Source: Blockonomi News Agency
2 weeks ago
Cryptocurrency Medium Importance
XRP (XRP) Price Eyes $2 Breakout as CLARITY Act Senate Vote Approaches

XRP (XRP) Price Eyes $2 Breakout as CLARITY Act Senate Vote Approaches

XRP is currently positioned around the $1.42 level as market participants anticipate a potential breakout that may propel prices toward $1.60 and higher. This developing formation has captured analyst interest, particularly as the upcoming CLARITY Act Senate vote introduces a regulatory dimension to the technical landscape.

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Source: Blockonomi
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Source: Blockonomi News Agency
2 weeks ago
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Solana (SOL) Eyes Breakout Near $102 as Network Triples Transaction Capacity

Solana (SOL) Eyes Breakout Near $102 as Network Triples Transaction Capacity

The week beginning September 8 saw Solana start at $103.33 before declining to a multi-week bottom of $98.38 on September 11. By September 14, the asset had climbed back to approximately $101.50, representing a weekly decline of about 2.2%.

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Source: Blockonomi
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