Author: John Smith
Bitcoin ETFs are still holding strong, continuing their trend of inflows despite the recent dip in the asset’s price. Summary Bitcoin price has dipped to $122,200, retreating from a $126,198 high amid fresh selling pressure. U.S.-listed Bitcoin ETFs are still recording inflows, pulling a total of $875.6 million on Oct. 7. Despite the pullback in price, BTC remains bullish, with support at $120,000 and RSI cooling to 63.35 after nearing overbought levels. Bitcoin ETFs have posted another day of inflows, recording a total of $876.5 million during the latest trading session on October 7. This marks the seventh consecutive day…
Ethereum price is showing signs of resilience as institutional appetite returns. Summary U.S. spot Ethereum ETFs logged $421M in inflows on Oct. 7, marking seven consecutive days of positive flows. Exchange reserves have fallen to a three-year low of 17.4M ETH, amplified by corporate holdings and EIP-1559 burns. ETH trades near $4,450, consolidating above support with RSI at 53, hinting at a possible retest of $4,900–$5,000 if momentum builds. Amidst a general market decline, Ethereum was down 5.3% over the last day, trading at $4,443 at the time of writing. Even with the decline, ETH is still up 7% for the week and 3.4% for the month, and…
Crypto prices today stumbled, snapping their recent rally as traders took profits ahead of a packed October schedule. Over the last 24 hours, the cryptocurrency market has experienced a sharp retracement, with its total capitalization falling 3.2% to about $4.24… Source link
Summary The XRP price prediction hinges on a breakout above $3.10 or a breakdown below $2.85, with volatility building under compression. A bullish breakout could propel XRP toward $3.60 in the short term and as high as $4.00 if momentum strengthens. Failure to defend $2.85 support risks triggering a correction toward the mid-$2 zone, keeping traders cautious until direction is confirmed. XRP is trading around $2.93, showing resilience as bulls defend the $2.85–$2.90 support zone. The market has tightened into a narrow range below the $3.05–$3.10 resistance level, with traders watching for a decisive move that could set the tone…
The BNB market cap broke $180 billion, surpassing both Tether and XRP, but can its dominance continue? Summary BNB market cap has surpassed that of XRP and USDT The Binance coin reached an all-time high at $1,336.57, the same day Still, the battle for altcoin dominance is not over In a move that shook up crypto rankings, BNB has overtaken XRP in market cap. On Tuesday, Oct. 7, BNB reached an all-time high of $1,336.57, positioning itself as the third-largest crypto asset, overtaking both XRP and Tether’s USDT. As BNB started flipping XRP, market momentum took over for both coins.…
XION, a consumer-centric layer-1 blockchain built for mass onboarding, has integrated with Fireblocks, a leading digital-asset custodian, to bring XION’s walletless experience to more than 2,400 financial institutions. Summary Fireblocks has added native support for XION. Integration paves the way for over 2,400 institutions to adopt the consumer-centric blockchain. Solana, Avalanche and Sui are among blockchain networks tapping into the digital asset custody solution. Fireblocks has added support for XION, with native availability of the walletless, gasless layer-1 set to be accessible to thousands of institutions. Why Fireblocks matters The crypto ecosystem continues to attract huge attention from banks and…
Euler price has dipped about 3% in the past 24 hours but holds above the key $10 mark as the decentralized finance protocol hits a milestone with over $2 billion in total borrows. Summary Euler price dropped 3% as top altcoins pared gains amid Bitcoin’s dip after hitting the all-time high abov $126,000. Despite the decline, the token looked poised to hold above $10. Bulls’ show of resilience at the psychological level comes as Euler Labs hit over $2 billion in DeFi borrows. Euler, a non-custodial lending protocol on Ethereum, saw its native token’s price jump to highs of $11…
CEA Industries is rapidly closing in on its goal to own 1% of the entire BNB supply, announcing it now holds 480,000 tokens. This aggressive acquisition pace unfolds against the backdrop of the asset’s stunning climb into the $1,300 territory. Summary CEA Industries increased its BNB holdings to 480,000 tokens worth $585.5 million as BNB hits new highs above $1,300. The firm aims to own 1% of the total BNB supply by 2025, mirroring Strategy’s Bitcoin strategy. BNB’s market cap surpasses $180 billion, and CEA’s stock rises over 20% in two days following the disclosure. On Oct. 7, CEA Industries…
Pineapple has executed its first open-market buy of 678,353 INJ tokens valued at $8.9 million. The purchase launches the company’s $100 million Injective treasury, which it said will be staked to generate yield and strengthen its onchain presence. Summary Pineapple Financial has launched its $100 million Injective Digital Asset Treasury with an $8.9 million purchase of 678,353 INJ tokens. The fintech firm plans to stake its INJ holdings to generate yield and integrate Injective’s infrastructure into mortgage finance operations. The move comes as institutional interest in Injective grows, following ETF filings and expanding real-world asset markets on the protocol. According…
Plume has announced the launch of a new real-world assets alliance that brings together leading players in the tokenized-assets market. Summary Plume has partnered with WisdomTree, Morpho and Centrifuge to launch the Global RWA Alliance. Together with other tokenized assets market players, the alliance eyes expansion and adoption of real-world assets on-chain. Plume recently registered a transfer agent with the U.S. Securities and Exchange Commission. The Global RWA Alliance, with founding members including WisdomTree, Morpho and Centrifuge, is Plume’s latest milestone as the tokenization trend picks new momentum. According to a press release, the group seeks to bring together top…