Category: Market Analysis
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‘Cryptoqueen’ facing sentencing over $6.5B Bitcoin stash
[ad_1] Key Takeaways Zhimin Qian, dubbed ‘Cryptoqueen,’ faces sentencing in the UK for her role in laundering $6.5 billion via Bitcoin. The scam involved defrauding victims in China and using the illicit gains to buy luxury property in London. Share this article A Chinese businesswoman known as the “Cryptoqueen” is facing sentencing in a UK…
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Bitcoin holds $106K as shutdown optimism fuels broad market rally
[ad_1] Bitcoin bounced back to trade near $106,000 on shutdown resolution hopes. The end of the shutdown could release a $150-200B liquidity jolt into markets. However, the shutdown is stalling crucial US crypto regulation bills. Cryptocurrency markets started the week on a strong footing, with Bitcoin holding above the key $105,000 level as growing optimism…
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Ethereum Struggles to Reclaim $3,900 as Weak Demand and Fear Persist
[ad_1] Key takeaways: Ethereum ETF outflows and cautious traders show limited confidence in ETH price going higher for now. Low derivatives premiums suggest a muted outlook for Ether’s price. Ether (ETH) fell 11% over the past week, even after reaching the $3,400 mark on Saturday. The drop came alongside a 4% correction in the Nasdaq…
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Five XRP spot ETFs now listed on DTCC ahead of potential launch this month
[ad_1] Key Takeaways Five spot XRP ETFs have been listed on DTCC ahead of a potential US launch this month. Grayscale and other asset managers are expanding ETF offerings amid strong market interest. Share this article Five spot XRP exchange-traded funds from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the Depository…
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Wash trading accounts for a quarter of Polymarket’s activity, Columbia study reveals
[ad_1] About 14% of wallets showed behaviour consistent with coordinated wash trading. Artificial trading peaked at 60% in December 2023 and dropped to 5% by May. ICE plans to invest up to $2 billion as Polymarket prepares for a regulated US return. A new study by Columbia University researchers has found that nearly a quarter…
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Arweave (AR) price forecast as it rides the DePIN sector momentum
[ad_1] Arweave price has rallied 25.5% today, leading the DePIN sector surge. Arweave Day Asia has boosted the AO ecosystem and developer interest. The immediate support sits at $5.03 while the resistance is found near $6.31. Arweave (AR) price has witnessed a powerful 25.5% rally in the past 24 hours, outpacing both the broader crypto…
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XRP Price Spikes 5% as 21Shares Spot ETF Countdown Begins
[ad_1] The Ripple price surged 5% in the past hour to $2.32 after 21Shares filed a key amendment for its proposed spot XRP ETF (exchange-traded fund). The move triggers a 20-day SEC review period that could automatically clear the fund for trading by late November. Sponsored XRP Jumps 5% as SEC Clock Starts on 21Shares…
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Intel shares rise after Elon Musk mentions possible chip partnership
[ad_1] Key Takeaways Intel shares increased by 2.3% after Elon Musk said Tesla was open to partnering with the semiconductor manufacturer on future chip production. Tesla is developing AI chips and is exploring manufacturing partnerships to bolster its self-driving technology. Share this article Intel shares climbed 2.3% in early trading Friday after Elon Musk, CEO…
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ETH Primed For a Short Squeeze to $4K After 13% Drop
[ad_1] Key takeaways: Ether dipped to $3,055, wiping out $1.3 billion in long liquidations across exchanges. Over $7 billion in short positions near $4,000 sets up potential for a sharp squeeze. A hidden bullish divergence suggests a potential bottom around $3,000. Ether (ETH) price dropped to $3,055 on Tuesday, extending its weekly decline by over…
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Trump says US government shutdown now impacts stock markets, warns of no quick resolution
[ad_1] Key Takeaways The US government shutdown is causing increased volatility in the stock market and broader economic impacts. President Trump has warned that a quick resolution is unlikely, extending market and economic uncertainty. Share this article US President Donald Trump said on Wednesday that the US government shutdown is now affecting stock markets, warning…