Both bitcoin and gold ETFs have seen outflows over the past two weeks as the debasement trade cools, according to JPMorgan analysts.
Standard Chartered Bank has maintained its ether price targets of $4,000 by end-2026 and $40,000 by end-2030.
Analysts warn of a range trap as underwater bitcoin buyers build resistance near $79,000 and tensions flare again in the Middle East.
Bitwise listed a Canton Network ETP on Deutsche Börse Xetra, backing it with CC tokens held in cold storage.
Bitcoin held below $78,000 as spot ETFs shed over $1 billion for a second straight week and U.S.-Iran deal speculation rattled markets.
The prominent crypto investor Arthur Hayes described NEAR, HYPE and ZEC as “the holy trinity” of altcoins.
Of note, Grayscale-linked wallets reportedly accumulated over $40 million worth of HYPE over the past week.
Bitcoin fell to $76,700 amid the largest spot ETF outflows since January, thin spot volume, rising rate-hike bets, and unwinding leverage.
Bitmine lifted its ether treasury to 5.28 million ETH, or 4.37% of supply, as total crypto and cash holdings reached $12.6 billion.
That is "unlikely to change unless we see meaningful improvements in network activity, DeFi and real world applications," the analysts said.
Bitcoin ETFs posted $630M in outflows on May 13 as corporate treasury buying slumps and a $2B gamma cluster threatens volatility near $82K.
Bitcoin floats around $80,000 after April core PPI surges 1% MoM — hottest since 2022 — as crypto ETFs bleed and rate-hike odds climb.
Tokenized Anthropic and OpenAI PreStocks on Solana fell sharply after both companies warned that unauthorized equity transfers may be void.
Keel Infrastructure posted a $145 million Q1 net loss as the Bitfarms successor pivots from bitcoin mining to AI infrastructure.
MARA Holdings sold roughly $1.5 billion worth of bitcoin during the quarter to retire debt and improve liquidity.
Bitcoin holds above $81K as Iran rejects US peace terms, Brent tops $104, and a $1B whale's ETH selling clouds an otherwise bullish backdrop.
Crypto fund inflows hit a sixth straight positive week, led by U.S. products and bitcoin ETFs, amid Clarity Act optimism, per CoinShares.
Bernstein analysts set $100 IREN target after NVIDIA deal, citing $3.4B cloud contract and 76% implied upside.
Bitcoin holds near $80,200 after April nonfarm payrolls beat expectations as Iran tensions and ETF outflows check the rally.
Investors are increasingly choosing bitcoin over gold as a debasement trade since the Iran conflict began, JPMorgan analysts said.
Bitcoin trades near $81,000 after clearing key on-chain thresholds, with Glassnode flagging $85,200 as the next ceiling.
Pantera said that the $321 billion tokenization market is still in a "newspaper-on-a-website" phase, with 77.6% of assets still just wrappers.
Matt Hougan said tech firms like DoorDash and Meta exploring stablecoin payouts could help drive projections of $4 trillion in supply by 2030.
U.S. spot bitcoin ETFs drew $532 million on Monday, marking a third straight day of inflows, led by BlackRock and Fidelity.
Bitcoin's price rose about 20% in April, but the rally was driven by speculative perpetual futures demand while spot demand remained weak, CryptoQuant said.
Analysts focused less on the pause itself and more on the Fed’s unusually deep split amid ongoing bitcoin ETF outflows and weak demand.
A split 8-4 vote initially spooked markets, creating uncertainty around the Federal Reserve's future policy moves.
Analysts say bitcoin traders are watching whether the Fed reinforces a higher-for-longer stance after two straight days of ETF outflows.
Retail dominated as prediction market volume reached $25.7B last month, with crypto accounting for nearly 40% of activity among new users.
Strategy issuing STRC has helped the company accumulate over $7 billion worth of BTC in recent weeks, Bitwise says.