Author: driver789
BitRss delivers the latest Top Crypto News from established and trusted voices across blockchain, bitcoin, stablecoins, altcoins, and the broader cryptocurrency ecosystem. Since 2015, our Mission has been simple: to share timely news and insights that reflect the global crypto landscape in an ethical and transparent way. BitRss acts as a 24/7 reference point where information from many sources comes together in one place. You can stay up to date through our Original Crypto Summary and Curated Topics, designed to highlight key developments, emerging trends, and shifts in market sentiment. BitRss is intentionally clean, fast, and mobile-friendly. Articles are listed…
BlackRock’s spot bitcoin BTC$70,341.26 exchange-traded fund has been a massive hit since launch, pulling in billions from investors seeking exposure to the cryptocurrency without the hassle of crypto wallets or exchanges. Traders and analysts religiously track inflows into the fund to gauge how institutions are positioning in the market.Now they might have to do the same with options tied to the ETF, as activity exploded during Thursday’s crash. According to one observer, the record activity stemmed from a hedge fund blowup, while others disagreed, citing routine market chaos as a catalyst.What really stood outOn Friday, as the ETF tanked 13%…
The crypto market stabilized on Monday, January 26, as gold and the stock market rose, and the US Dollar Index plunged ahead of the upcoming Federal Reserve interest rate decision. Summary The crypto market pared back some of its earlier losses. The Bitcoin price rose to over $88,400 from the intraday low of $87,000. The US dollar index crashed to its lowest level since November. Bitcoin (BTC) moved from the intraday low of $87,000 to $88,400, while Ethereum (ETH) rose and approached the key resistance at $3,000. The market capitalization of all coins moved back to $3 trillion. Crypto market…
Solana (SOL) is drawing selective investor interest even as the wider crypto market remains under pressure. While sharp price declines across major tokens have weighed on sentiment, recent fund flow data and on-chain activity suggest that capital is not exiting the ecosystem entirely. Related Reading Instead, market participants appear to be separating near-term price weakness from longer-term network usage, creating a mixed but notable picture for SOL as it trades around $79. SOL’s price records losses on the daily chart. Source: SOLUSD on Tradingview Solana ETF Inflows Stand Out Against Broader Outflows On February 5, U.S. spot crypto ETFs recorded…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum’s price just lost the key support at the $2,000 mark after several weeks of steady downside pressure observed across the crypto market. While the price continues to decline, on-chain data attributes the drop to the ongoing substantial selling pressure from both big and small investors. Big Wallets Turn Bearish On Ethereum With the heightened volatile market conditions, the Ethereum price has seen increased sell-side pressure as investors steadily reduce their exposure. This renewed selling activity is cited among large holders regarded as whales and Sharks. Joao…
The bitcoin price rebounded sharply Friday after a steep sell-off over the previous 24 hours, climbing briefly climbing above $71,000, a jump of $11,000 from its $60,000 low earlier in the 24-hour session. The move came after several turbulent market sessions that saw the flagship cryptocurrency break key psychological support levels in a matter of hours. On Thursday, February 5, the Bitcoin price plunged as global financial markets deteriorated, with major stock indices sliding sharply and pushing investors out of riskier assets. The sudden downturn was linked to broader macroeconomic stress, including weak earnings reports and steep declines in technology…
Ethereum co-founder Vitalik Buterin and other prominent “whales” have offloaded millions of dollars in ETH since the beginning of February, adding narrative fuel to a market rout that saw the world’s second-largest cryptocurrency tumble below $2,000.While the high-profile sales by Buterin served as a psychological trigger for retail panic, a closer examination of market data suggests that the primary pressure came from a systemic unwind of leverage and record-breaking selling activity across the network.Nonetheless, these disposals, combined with significant selling by other industry insiders, have prompted investors to question whether project leaders are losing confidence or simply managing operational runways…
Key takeaways:Bitcoin’s derivatives signal caution, with the options skew hitting 20% as traders fear another wave of fund liquidations.Bitcoin price recovered some of its Thursday losses, but it still struggles to match the gains of gold or tech stocks amid low leverage demand.Bitcoin (BTC) has gained 17% since the $60,150 low on Friday, but derivatives metrics suggest caution as demand for upside price exposure near $70,000 remains constrained. Traders fear that the liquidations of $1.8 billion of leveraged bullish futures contracts in five days indicate that major hedge funds or market makers may have blown up. Aggregate liquidations in Bitcoin…
Ether held on crypto exchanges has declined over the last six months as the price of Ether has held steady, while holders are continuing to participate in staking, according to Santiment. In an X post on Tuesday, Santiment shared data from Sanbase showing that after July saw the highest amount of Ether (ETH) on exchanges with 12.31 million tokens, the amount has steadily declined to 8.15 million.Santiment analysts predict that the amount of Ether on exchanges could continue to decline as price movements remain muted and more ETH is sent for staking. Ether has been drifting between $2,801 and $3,034…
Shares of Galaxy Digital (GLXY) jumped 18% to $19.90 on Friday after the company approved a share repurchase program of up to $200 million, giving it authority to buy back its Class A common stock over the next 12 months.The buybacks may be executed through the open market, privately negotiated transactions or other methods, including trading plans under Rule 10b5-1, the company said. Galaxy added that it retains the right to suspend or discontinue the program at any time, depending on market conditions and other factors.The announcement signaled confidence from management that Galaxy’s shares are undervalued and that the firm…