Category: Cryptocurrency News

Bitcoin and other crypto funds have kept the cash register flowing for 10 straight weeks, pulling in $1.24 billion in the latest period. That brings the year-to-date haul to $15 billion. Even holiday trading lulls and global jitters haven’t stalled the momentum. Investors seem to be treating this pullback as a chance to buy, not a reason to sell. Related Reading: Stablecoin Wars Ignite: Peter Schiff Champions Gold-Backed Digital Assets Bitcoin And Ethereum Lead The Pack According to CoinShares data, Bitcoin pulled in $1.114 billion this week alone. It has now logged $2.37 billion month-to-date and $12.7 billion YTD, across nearly $152 billion in assets under management. Ethereum chipped in with its ninth straight week of gains, adding $124 million in weekly inflows. That pushed its month-to-date total past $1 billion and its YTD figure to $2.43 billion, across $14.29 billion of assets. Investors aren’t scooping up bearish bets, either: short Bitcoin products saw just $1.4 million in outflows this week and $8.7 million since January. Altcoins See Mixed Results Solana attracted $2.80 million this week and nearly $3 million month-to-date, lifting its YTD flows to almost $86 million. XRP pulled in $2.70 million weekly and $10.55 million month-to-date, taking its year-long total to $268 million across $1.205 billion in managed assets. But funds that package multiple tokens bled $5.76 million this week and almost $17 million for the month—though they’re still up $58 million in 2025. Other altcoin vehicles are in rough shape, with $509 million of outflows since January. Regional Trends Highlight The US The United States led global flows with $1.25 billion in weekly inflows. That’s $3.37 billion month-to-date and $14.30 billion YTD, out of $135 billion under management. Canada added nearly $21 million this week and $42.8 million for June. Germany chipped in almost $11 million while Australia booked $16.6 million. Brazil bucked the trend with $9 million of outflows this week and $26.4 million in June, but it’s still about $34.8 million ahead for the year. Smaller Tokens Struggle For Attention Some newer names drew mixed reactions. Sui saw $8.5 million drain this week despite $3.3 million of gains so far in June. Litecoin eked out $0.21 million in weekly inflows and clos to $6 million YTD. Related Reading: Dogecoin Breaks Free—Could Soar 60%, Analyst Says Cardano and Chainlink grabbed $0.34 million and $0.6 million this week, respectively. But smaller “other” products pulled in only $2.75 million against heavy selling since January. Institutions are still finding reasons to back crypto even as global events and holiday thins slow trading. Total weekly flows hit $1.23 billion, taking June’s total to $3.38 billion and the year’s to $15 billion, across $176 billion in overall assets. Based on these trends, big spenders aren’t ready to abandon digital tokens. They’re treating pullbacks like offers they can’t pass up. Featured image from Unsplash, chart from TradingView

Crypto entrepreneur and podcaster Anthony Pompliano has raised $750 million to take his crypto company ProCap public by merging it with a blank-check firm.

Crypto entrepreneur and podcaster Anthony Pompliano has raised $750 million to take his crypto company ProCap public by merging it with a blank-check firm.

Bitcoin price started a fresh increase from the $98,250 zone. BTC is now consolidating and might aim for a move above the $106,500 resistance. Bitcoin started a fresh increase above the $102,000 zone. The price is trading above $102,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $101,500 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a fresh increase if it stays above the $102,500 zone. Bitcoin Price Recovers Ground Bitcoin price started a fresh increase from the $98,500 zone. BTC gained pace after Trump announced a ceasefire. The price was able to climb above the $102,000 and $103,200 levels. Besides, there was a break above a key bearish trend line with resistance at $101,500 on the hourly chart of the BTC/USD pair. The pair cleared the 61.8% Fib retracement level of the downward move from the $106,470 swing high to the $98,277 low. Finally, the price traded close to the $106,000 level. Bitcoin is now trading above $104,000 and the 100 hourly Simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $106,470 swing high to the $98,277 low. On the upside, immediate resistance is near the $106,000 level. The first key resistance is near the $106,200 level. The next key resistance could be $106,500. A close above the $106,500 resistance might send the price further higher. In the stated case, the price could rise and test the $108,000 resistance level. Any more gains might send the price toward the $110,000 level. Another Drop In BTC? If Bitcoin fails to rise above the $106,000 resistance zone, it could start another decline. Immediate support is near the $104,000 level. The first major support is near the $103,500 level. The next support is now near the $102,500 zone. Any more losses might send the price toward the $101,200 support in the near term. The main support sits at $100,000, below which BTC might struggle to find bids. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $104,000, followed by $103,500. Major Resistance Levels – $106,000 and $106,500.

Amid relentless market swings, Binance’s founder declares that only a handful of cryptocurrencies will achieve new all-time highs, advising investors to look for projects with enduring strength and future growth. Binance Founder Breaks Down Secret Formula for Picking Next ATH Giants Binance co-founder and former CEO Changpeng Zhao (CZ) has offered advice to investors on […]

Huione Guarantee’s shutdown sent “shockwaves” through the ecosystem but also left a vacuum for other crypto darknet marketplaces to fill.

Huione Guarantee’s shutdown sent “shockwaves” through the ecosystem but also left a vacuum for other crypto darknet marketplaces to fill.

After a brief drop to $98,000 over the weekend, Bitcoin (BTC) has recovered and is now trading above $101,000 at the time of writing. While concerns about a potential double top persist, on-chain data has yet to show any major warning signs. Bitcoin Undergoing Healthy Consolidation According to a recent CryptoQuant Quicktake post by contributor Avocado_onchain, despite broader market sentiment turning bearish, BTC has not yet displayed any significant red flags. In fact, the cryptocurrency still appears to be in a consolidation phase. Related Reading: Bitcoin Whales Pull 4,500 BTC From Binance, Hinting At Incoming Rally Notably, the 30-day moving average (MA) of Binary Coin Days Destroyed (CDD) indicates that long-term holders are continuing to hold onto their BTC rather than selling. This suggests that investors remain optimistic about Bitcoin’s potential for further upside in the near term. For the uninitiated, the 30-day MA Binary CDD smooths out daily fluctuations to show how frequently long-term Bitcoin holders are moving their coins over a month. A lower value suggests strong holding behavior and accumulation, while a higher value may indicate distribution or selling pressure from experienced holders. The analyst noted in a previous analysis that when Bitcoin’s Binary CDD exceeded 0.8, it was typically followed by a steep correction. However, this time, the indicator has peaked around 0.6 and is now on the decline – suggesting the market is far from overheating. They added: Although the data may not align perfectly from cycle to cycle, this moderation below 0.8 still implies the market may be entering a consolidation period, and further price or time correction could follow. The analyst emphasized that this indicator does not signal the end of the bull run. Rather – similar to the previous two market phases – Bitcoin could be following a “staircase-like movement,” where periods of consolidation are followed by a strong upward leg. They concluded that BTC historically tends to rally when market attention fades and sentiment remains quiet. Therefore, the current period of low volatility could be a precursor to Bitcoin’s next major move to the upside. Are BTC Bears In Trouble? While the current bearish sentiment may have raised hopes for further price pullback for the largest cryptocurrency by reported market cap, both technical and on-chain indicators suggest otherwise. Related Reading: Bitcoin Yearly Trend Suggests Cycle Top Near $205,000 By Year-End, Analyst Says For example, short positions have been rising sharply within the $100,000–$110,000 range, increasing the likelihood of a short squeeze – which could drive BTC to a new all-time high (ATH). That said, some caution is warranted, as short-term holders have been selling during recent dips, showing a lack of confidence in Bitcoin’s ability to sustain its upward trajectory. At press time, BTC trades at $101,954, up 1.1% in the past 24 hours. Featured image with Unsplash, charts from CryptoQuant and TradingView.com

As volatility engulfs the cryptocurrency market amid war tensions, on-chain data shows that the Bitcoin short-term holders are selling at a loss. Bitcoin Short-Term Holders Just Made Large Exchange Inflows At A Loss In a new post on X, CryptoQuant author Axel Adler Jr has talked about how the Bitcoin short-term holders have reacted to the price volatility that has come alongside rising tensions in the Middle East following US strikes on three nuclear facilities in Iran. Related Reading: Consolidation Takes Its Toll: Bitcoin Investors No Longer Greedy The short-term holders (STHs) refer to the BTC investors who purchased their coins within the past 155 days. The other side of the network, the holders with a holding time greater than 155 days, are termed as the long-term holders (LTHs). The former group contains the new entrants and low conviction holders, who generally panic easily whenever some change occurs in the market. On the other hand, the latter cohort includes the veterans of the market, who tend to sit tight through crashes and rallies alike. As such, given the recent sharp price action that has occurred in the sector, the STHs are likely to have made some moves. And indeed, on-chain data would confirm so. The above chart, shared by the analyst, shows the data for the profit and loss exchange deposit transactions that the STHs as a whole are making. Investors usually transfer to these centralized platforms when they want to sell, so inflows going to them can provide hints about whether selling is elevated or not. From the graph, it’s visible that the loss transactions going to the exchanges from this cohort have amounted to 14,700 BTC, which, although lower than the two major capitulation events from the past couple of months, is significant. Thus, it would appear that some of the STHs have reacted to the news by exiting the market, even if it means taking a loss. Related Reading: Dogecoin Gears Up For 60% Move—Will It Be Up Or Down? It’s also apparent from the chart that the profitable transfers have remained relatively low at 3,100 BTC. This is likely down to the fact that the STHs are left with little profit following the price decline, as the on-chain analytics firm Glassnode has pointed out in an X post. In the chart, the trend of the STH Realized Price is displayed. This indicator keeps track of the Bitcoin cost basis or acquisition level of the average STH. During the crash, the price almost retested the line, and even after the rebound, it remains close to it, meaning the profit margin for the cohort is still tight. BTC Price At the time of writing, Bitcoin is trading around $101,300, down over 5% in the last week. Featured image from Dall-E, Glassnode.com, CryptoQuant.com, chart from TradingView.com

XRP approaches a critical turning point in the Ripple v. SEC case as a top lawyer dismisses delay fears, fueling optimism for a swift resolution and clearer crypto regulation. XRP Braces for Imminent Court Decision as Lawyer Dismisses Ripple v SEC Delay Fears Growing optimism surrounds the XRP legal saga as a legal expert clarified […]