A growing number of companies are beginning to include XRP alongside Bitcoin and Ethereum in their crypto reserves. Amber International Joins the Trend Amber International Holdings has outlined a $100 million crypto reserve plan. The filing shows that its strategy will initially focus on high-conviction assets such as BNB, Solana, SUI, XRP, Bitcoin, and Ethereum, …
On September 11, both spot ETFs, Bitcoin and Ethereum, recorded strong inflows. According to SoSoValue, Bitcoin ETFs recorded a positive of $552.78 million, marking the fourth consecutive day of inflows, while Ethereum ETFs extended their streak to 3 consecutive days of inflows. Bitcoin ETF Breakdown Bitcoin ETF saw a combined $552.78 million of inflows, led …
Litecoin has observed a surge in its price as on-chain data shows the whales have participated in a significant amount of buying. Litecoin Whales Have Added 181,000 LTC To Their Wallets In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the holdings of the Litecoin whales. The indicator of interest here is the Supply Distribution, which tells us about the total amount of the LTC supply that a given address group is holding. Investors or wallets are put into these cohorts based on the number of coins that they are carrying in their balance. The 1 to 10 coins group, for instance, contains all addresses holding between 1 and 10 LTC. Related Reading: Dogecoin To $0.50? This Channel Break Could Be The Catalyst In the context of the current topic, the holders of interest are those who own more than 1,000 tokens of the cryptocurrency. At the current exchange rate, this cutoff converts to around $114,300. Thus, the only investors qualifying for the cohort would be the big-money ones, popularly known as the whales. This group can hold some degree of influence in the market, so the holdings of its members can be worth keeping an eye on. Now, here is the chart shared by Santiment that shows the trend in the Litecoin Supply Distribution of the whales over the last few months: As displayed in the above graph, the Litecoin whales have seen their Supply Distribution shoot up recently, indicating that these large entities have expanded their holdings. In just one day, this group added 181,000 LTC (worth $20.7 million) to its balance. The buying spree came as LTC saw some bullish news surface. Grayscale has officially filed form S-3 with the US Securities and Exchange Commission (SEC) for their LTC exchange-traded fund (ETF). If the ETF gets approved, investors will be able to buy LTC-backed shares and gain exposure to the digital asset without having to directly own it. Another bullish development is related to Mei Pharma, a company that adopted an LTC treasury strategy back in August and secured around $100 million in the token. According to a press release, the pharmaceutical company has decided to rebrand itself as “Lite Strategy.” Related Reading: Toncoin, Quant Seeing Whale Activity Explosion, Big Move Ahead? The firm notes: The rebranding to Lite Strategy, Inc. underscores the Company’s commitment to building a long-term corporate strategy around Litecoin (LTC) as our primary reserve asset. LTC Price At the time of writing, Litecoin is trading around $114, up more than 4% over the past week. Featured image from Dall-E, Santiment.net, chart from TradingView.com
The countdown to the Fed’s first rate cut of 2025 has begun, and Wall Street is treating it as a done deal. With the decision just 5 days away, the big question isn’t if the Fed will cut, but how much. A smaller 25bps move seems almost certain, but whispers of a deeper cut are …
Kronos Research CIO Vincent Liu said strong inflows indicate renewed confidence among institutional investors.
Brazil is finally moving ahead with long-awaited crypto regulations, with the Central Bank setting 2026 as the year when rules for Virtual Asset Service Providers (VASPs) will officially come into force. The decision follows years of delays and pressure from regulators, prosecutors, and law enforcement agencies calling for stronger oversight in one of Latin America’s …
WLFI edges higher on the week as holders rally behind a deflationary strategy to counter post-launch weakness.
Ondo Finance has been one of the fastest movers in the past week, and is today’s top gainer. Rallying nearly 20% as it rides the wave of RWA tokenization hype. At press time, the ONDO price is listed on exchanges at $1.10, while commanding a 9.4% premium over the past 24 hours. This is with …
Galaxy CEO Mike Novogratz says Bitcoin could surge again as the US Federal Reserve restarts its cutting cycle, with momentum also coming from regulatory reform.
CleanCore’s DOGE buy comes as the first DOGE spot ETF was delayed twice and is now expected to launch sometime next week.
Ondo Finance’s token extended gains this week as investor enthusiasm for tokenized assets coincided with fresh signals from BlackRock.
Sam Bankman-Fried’s appeal hearing is set for November 4, nearly two years after his 25-year prison sentence following the collapse of FTX. His defense claims the trial was unfair and hopes for a new trial or reduced sentence, but overturning the conviction looks tough due to strong testimony from ex-colleagues. The outcome could set a …
Fidelity’s Solana ETF (FSOL), Canary’s HBAR ETF (HBR), and Canary’s XRP ETF (XRPC) have been listed on the DTCC website as part of the standard preparation process for launching new ETFs. However, this listing does not mean they have received regulatory approval or finished the other steps needed for launch. It simply marks the early …
Concerns about a potential crypto bubble have intensified over the past few days, with industry leaders like Arjun Sethi, co-CEO of crypto exchange Kraken, voicing alarm over the current state of the digital asset landscape. Sethi Warns Of Short-Term Crypto Bubbles In a recent interview with Fortune at the Brainstorm Tech conference in Park City, Utah, Sethi acknowledged the presence of a bubble when examining short-term market trends. During the panel discussion, Sethi noted, “If you look at it quarter by quarter, the answer is yes, we get into those bubbles all the time.” Related Reading: SEC Chair Declares ‘Crypto’s Time Has Come’ In Latest Statement – Get The Full Scoop Since the beginning of the year, the market’s leading cryptocurrency, Bitcoin (BTC), has achieved multiple all-time highs, contributing to a total market capitalization exceeding $4 trillion for the first time. This surge has been fueled by pro-crypto regulations stemming from President Donald Trump’s administration and crypto-focused initial public offerings (IPOs) in the United States from firms like Circle (CRLC) and the crypto exchange Bullish (BLSH). The current enthusiasm in the crypto market can be partially attributed to its correlation with the stock market, particularly following record highs in the S&P 500 since President Donald Trump took office. Some argue that these developments provide investors with exposure to cryptocurrencies that may not be accessible through traditional brokerage accounts. However, skeptics caution that many of these firms are merely capitalizing on the hype, leading to unsustainable valuations that could result in a market crash. Silbert Predicts Most Digital Assets Will Crash Recent data indicates that there may already be signs of a downturn. According to Architect Partners, a crypto advisory and financing firm, the average stock price of 15 digital asset treasuries dropped by 15% last week, raising red flags about the stability of the market. Conversely, Barry Silbert, founder of Digital Currency Group (DCG), expressed a more optimistic outlook during the same panel. He acknowledged the presence of “overvalued assets” within the crypto space, stating, “There’s a whole lot of crap in crypto right now, which is overvalued. I think 99% of crypto is absolutely going to zero.” Related Reading: XRP Price Completes Wave 3 Move, Why $3.13 Must Be Broken Further complicating the landscape, Elliott Management, an activist investment firm, has also raised alarms about the cryptocurrency market. In a recent investor letter, the firm pointed to the rapid inflation of the so-called crypto bubble, attributing it in part to perceived endorsements from the White House during Trump’s administration. Elliott Management warned that the dramatic rise in crypto prices poses risks not only to individual investors but also to the overall economy. They caution that an impending collapse of this bubble could have unforeseen consequences, potentially destabilizing financial markets at large. Featured image from DALL-E, chart from TradingView.com
The total onchain value of real-world assets has almost doubled since the start of the year as financial institutions flood into the space.
Nearly two years after the dramatic collapse of FTX and his 25-year prison sentence, Sam Bankman-Fried (SBF) is heading back to court. On November 4, the U.S. Court of Appeals for the Second Circuit will hear his case, marking a crucial moment for one of crypto’s most infamous figures. From Conviction to Appeal In 2023, …
Coinbase is demanding penalties after the regulator lost nearly a year of text messages from former Chair Gary Gensler.
Bitstamp recorded a 21% rise in crypto trading volume to $14.4 billion in August, flipping Robinhood for the first time since it was acquired by the firm.
The significant inflows into Bitcoin and Ethereum ETFs highlight growing investor confidence and interest in cryptocurrency markets.
The post Bitcoin ETF sees $552.7M inflow and Ethereum ETF sees $113.1M inflow on Sept. 11 appeared first on Crypto Briefing.
BNB price is gaining pace above the $885 zone. The price is now showing positive signs and might aim for a move above the $920 level in the near term. BNB price started a fresh increase above the $880 and $900 levels. The price is now trading above $900 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $898 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $885 level to start another increase in the near term. BNB Price Extends Gains BNB price formed a base above the $850 level and started a fresh increase, beating Ethereum and Bitcoin. There was a steady move above the $870 and $885 levels. The bulls even cleared the $895 resistance zone. A new all-time high was formed at $908 and the price is now consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $888 swing low to the $908 high. The price is now trading above $900 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $898 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $908 level. The next resistance sits near the $912 level. A clear move above the $912 zone could send the price higher. In the stated case, BNB price could test $920. A close above the $920 resistance might set the pace for a larger move toward the $945 resistance. Any more gains might call for a test of the $1,000 handle in the near term. Short-Term Pullback? If BNB fails to clear the $908 resistance, it could start another decline. Initial support on the downside is near the $898 level. The next major support is near the $893 level or the 76.4% Fib retracement level of the upward move from the $888 swing low to the $908 high. The main support sits at $888. If there is a downside break below the $888 support, the price could drop toward the $872 support. Any more losses could initiate a larger decline toward the $865 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $898 and $888. Major Resistance Levels – $908 and $920.
Worlds largest cryptocurrency by market cap Bitcoin is in the spotlight again after, climbing above $115,500 with a daily gain of about 2.5%. This move is not random, it reflects a mix of economic signals, investor behavior, and technical patterns that are fueling optimism. Let’s break down what’s driving today’s rally. Cooling Inflation Sparks Optimism …
Avalanche (AVAX) has reclaimed a crucial level as support after its recent rally, fueled by multiple bullish developments for the ecosystem. Some analysts forecast a massive rally toward the start-of-year highs if the momentum holds. Related Reading: Solana Season Next? Bitwise CIO Eyes ‘Epic’ Q4 Run Fueled By Corporate Demand Avalanche Eyes 35%-40% Rally On Thursday, Avalanche hit a seven-month high of $29.99 after breaking out of its multi-month accumulation range and turning the $26.50 resistance into support for the first time since February. The cryptocurrency has been rallying over the past few days, currently printing five consecutive green candles in the daily timeframe. Analyst Sjuul from AltCryptoGems noted that AVAX had been pushing on the key resistance, holding a series of higher local lows before smashing past this area. A breakout from this resistance level could set the stage for a rally to the start-of-year range between $40-$45, the market watcher signaled in a previous analysis. Similarly, Rekt Capital highlighted that Avalanche had been “working to build a cluster of stability” since late July, which resembles the mid-2024 re-accumulation range that preceded Q4 2024’s breakout. According to the analyst, “if repeated, could open the green pathway toward the red resistance region that is increasingly confluent with the Macro Wedge top.” He explained that AVAX has been forming Higher Lows in the weekly timeframe, positioning the price slightly higher with each retest. As a result, a weekly close above the $26 area, followed by a successful post-breakout retest, would enable AVAX price to reclaim the $30 resistance region and attempt to retest the Macro Wedge Top, currently around the $35 mark. Market watcher CW pointed out that Avalanche’s next sell wall exists around the $35-$36 area, suggesting that the cryptocurrency could retest this level in the coming days if momentum continues. Meanwhile, the next major support zone sits around the $24 level, which could be revisited in case of a rejection from the key resistance. Crypto Treasuries, Partnerships Drive Momentum As the market turns green again, multiple bullish developments have also fueled AVAX’s rally. According to recent reports, the Avalanche Foundation, the nonprofit behind the project, is seeking to raise $1 billion to establish two US-based crypto treasury vehicles. One of the deals, led by Hivemind Capital and advised by SkyBridge’s founder Anthony Scaramucci, aims to raise up to $500 million in a private investment in a Nasdaq-traded company. It is expected to be completed by the end of September. The other deal, which is expected to be closed in October, seeks to raise the same amount and involves a special purpose acquisition (SPAC) vehicle sponsored by Dragonfly Capital. Notably, the funds from the two deals will reportedly be destined to purchase millions of AVAX from the Avalanche Foundation’s reserves, which could continue to fuel momentum for the cryptocurrency. Related Reading: Bitcoin Breakdown Averted? Analyst Says This Level Will Determine BTC’s Fate Meanwhile, Ava Labs secured a strategic partnership with Toyota Blockchain Lab to build a blockchain-based system, the Mobility Open Network (MON), designed to pave the road for new emerging use cases, including robotaxi fleets. Additionally, the company behind the Avalanche Network also signed a Memorandum of Understanding (MoU) agreement with WeBlock to push Real-World Asset (RWA) tokenization and stablecoins in South Korea. As of this writing, Avalanche trades at $29.04, a 22.7% increase in the monthly timeframe. Featured Image from Unsplash.com, Chart from TradingView.com
The latest transfer follows the familiar monthly schedule that has characterized FTX and Alameda's asset liquidation process.
crypto experts maintain bullish outlook on bitcoin, focusing on impending Fed rate cuts and long-term structural bull run.
Crypto treasury firms will need to do more than copy Strategy’s playbook to thrive as the market matures, and that competition could boost crypto markets.
Analysts are watching if DOGE can maintain closes above $0.26 and approach the $0.29 resistance zone.
Galaxy CEO Mike Novogratz recently said 'Solana Season' is coming, citing momentum from corporate accumulation and regulatory developments.
The global crypto market cap rose to $4.01 trillion in the past 24 hours, as Bitcoin (BTC) traded at $115,122, up 0.73%, while Ethereum (ETH) gained 2.28% to $4,502, supported by strong weekly gains. Among top altcoins, XRP held at $3.03, while Solana (SOL) surged nearly 5% in 24 hours and 15% over the week. …
Christie's pivot follows its high-profile role at Hong Kong Fintech Week 2024, where digital art and AI were center stage.
XRP price gained pace for a move above the $3.00 resistance. The price is now consolidating gains and might start another increase above $3.080. XRP price is facing hurdles and struggling to clear the $3.080 resistance. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3.020 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it stays above the $2.950 zone. XRP Price Eyes Upside Break XRP price managed to stay above the $2.880 level and started a fresh increase, beating Bitcoin and Ethereum. The price climbed above the $2.920 and $2.980 resistance levels. The bulls even pumped the price above the $3.020 level. A high was formed at $3.0725 and the price is now consolidating gains. There was a minor decline and the price tested the 23.6% Fib retracement level of the upward move from the $2.9365 swing low to the $3.0725 high. The price is now trading above $3.00 and the 100-hourly Simple Moving Average. Besides, there is a key bullish trend line forming with support at $3.020 on the hourly chart of the XRP/USD pair. If the bulls protect the $3.00 support, the price could attempt another increase. On the upside, the price might face resistance near the $3.050 level. The first major resistance is near the $3.080 level. A clear move above the $3.080 resistance might send the price toward the $3.120 resistance. Any more gains might send the price toward the $3.150 resistance. The next major hurdle for the bulls might be near $3.20. Downside Correction? If XRP fails to clear the $3.080 resistance zone, it could continue to move down. Initial support on the downside is near the $3.00 level. The next major support is near the $2.9880 level and the 50% Fib retracement level of the upward move from the $2.9365 swing low to the $3.0725 high. If there is a downside break and a close below the $2.9880 level, the price might continue to decline toward $2.950. The next major support sits near the $2.920 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $3.020 and $3.00. Major Resistance Levels – $3.080 and $3.120.