ETH ETF Outflows Top $242M Despite Ether Holding $2K

Ether holds $2,000, but may remain under pressure as traders watch corporate earnings, US government debt and growing global tensions. Key takeaways: Institutional demand for Ether is cooling as investors shift toward the safety of short-term US government bonds.  High interest rates and rising ETH supply make the current staking yield less attractive for long-term…

Bitcoin, Altcoin Relief Rally Aim To Restore Pre-crash Range Highs

Key points: Bitcoin is attempting a comeback, which is expected to face stiff resistance at the breakdown level of $74,508. Several major altcoins are attempting a recovery, signaling that lower levels are attracting buyers. Bitcoin (BTC) has risen above $68,500, as buyers attempt to form a higher low near $65,000. According to Glassnode, BTC is…

Trump-linked Truth Social seeks SEC approval for two crypto ETFs

Yorkville America Equities, the asset manager behind a series of exchange-traded funds (ETFs) tied to U.S. President Donald Trump’s Truth Social brand, has filed registration documents for two new cryptocurrency ETFs, expanding its push into the digital asset market. According to a filing with the U.S. Securities and Exchange Commission (SEC) submitted Friday, the firm…

Is Bitcoin Trading Like a Tech Stock?

Bitcoin (BTC) was once pitched as digital gold — a hedge against monetary instability and market turmoil. But recent price action tells a different story. As institutional participation has grown, particularly through exchange-traded funds and other traditional vehicles, Bitcoin has increasingly traded in lockstep with risk assets. The latest downturn in software stocks, fueled by…

Passing CLARITY Act Will ‘Comfort’ Crypto Market Investors: Scott Bessent

Passing the CLARITY crypto structure bill could improve market sentiment amid the ongoing downturn, according to United States Treasury Secretary Scott Bessent. The stalling of the CLARITY bill over concerns voiced by crypto industry executives has negatively impacted the industry, Bessent told CNBC on Friday. He said: “In a time when we are having one…

Bitcoin Eyes $80K as Traders Expect A Short-term BTC Price Rebound.

Bitcoin (BTC) charged above $69,000 on Friday as US CPI data showed cooling inflation, leading traders to hope for a short-term BTC price recovery. Key takeaways: Traders favor a short-term BTC price relief rally, but bulls must first take out the resistance at $68,000 to $70,000.  Bitcoin market analysis forecasts a short squeeze toward $80,000…

Bitcoin Gains 4% As Soft US CPI Boosts March Rate-Cut Odds

Bitcoin (BTC) gained at Friday’s Wall Street open as a fresh US inflation surprise boosted the mood. Key points: Bitcoin price action heads toward key resistance after US CPI inflation data cools beyond expectations. Crypto becomes a standout on the day as macro assets see a cool reaction to slowing inflation. Traders stay wary on…

Are Quantum-Proof Bitcoin Wallets Insurance or a Fear Tax?

Cryptocurrency wallet makers and security companies are pushing out post-quantum products even though large-scale quantum computers capable of breaking Bitcoin do not exist yet. The US National Institute of Standards and Technology (NIST) finalized its first post-quantum cryptography standards in 2024 and called for migrations before 2030. As standards bodies plan for a gradual cryptographic…

EU Parliament Backs Digital Euro to Bolster Payments Sovereignty

The European Parliament threw its weight behind the European Central Bank’s (ECB) digital euro project in a vote that framed money and payments as a strategic asset in an era of rising geopolitical tensions.  Lawmakers adopted the annual ECB report by 443 votes in favor, 71 against and 117 abstentions, backing amendments that describe the…

Is A Short Squeeze Near?

Bitcoin (BTC) formed a new weekly low at $65,500 on Thursday, as the price has continued to trend lower over the past four days. Derivatives data also indicate that traders are heavily positioned to the downside.  Analysts said that this setup may lead to a sharp move higher that forces sellers to close their positions,…