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IBIT News30 articles
XRP Hovers Near Support as Ripple Gains EU Regulatory Nod
XRP hovers near $1.11 after Ripple's EU regulatory win, but heavy selling and a fragile $1.05-$1.10 support zone keep the token under pressure as crypto markets broadly decline.
PEPE Whale Dominance Puts Focus on $0.00000284 Support Level
A whale holds 188.14 trillion PEPE, worth $534 million, about 45% of circulating supply. Price is stuck near $0.00000284, with key resistance at $0.00000296.
PEPE Outpaces DOGE and SHIB as Meme Coins Test Key Resistance Levels
PEPE outperformed DOGE and SHIB on short-term momentum, but analysts caution the rally could end quickly if key resistance levels aren't breached.
XRP Retreats from $1.25 as Profit-Taking and Ripple-Flutterwave Deal Weigh
XRP slid to $1.22 after a brief rally to $1.25, as profit-taking and a Ripple investment in Flutterwave tempered gains. ETF inflows reached $10.68M, but concentration risk from large holders remains a concern.
Ethereum Rebound Watch: BitMine Accumulates 5.62M ETH, Lee's $22K Target in Focus
BitMine boosts Ethereum stash to 5.62M ETH, reigniting debate over Tom Lee's $22,000 target as ETH trades near $1,775.
Cuban Dumps Bitcoin, Calls It 'Lost the Plot' as Price Tops $64K
Mark Cuban says Bitcoin has lost its purpose as a hedge, revealing he sold most of his holdings before recent conflicts, even as BTC briefly topped $64,000.
MoneySimpler Enters Crowded AI Crypto Trading Bot Market
MoneySimpler launches an AI-driven trading platform for retail users, integrating crypto, forex, and equities. The move intensifies competition as vendors focus on AI features, but audited returns and user data remain undisclosed.
Bitcoin Tests $60,000 Support as ETF Outflows and Rate Worries Weigh
Bitcoin fell 2.8% to $61,683 amid ETF outflows and rate concerns, with the $60,000 level in focus as a key technical support.
Saylor's Bitcoin Hint Sets Up Strategy Inc for Pivotal Monday
Strategy Inc shares are poised for a critical Monday after Executive Chairman Michael Saylor hinted at renewed Bitcoin purchases, following a 19.7% weekly drop triggered by a small Bitcoin sale.
Bitcoin Stabilizes Above $60K Amid ETF Exodus and Institutional Caution
Bitcoin steadied above $60,000 after a steep weekly decline and record ETF outflows, with traders awaiting fresh fund flows and inflation data to gauge the next move.
BitMine Stock Plunges After $273.8M Preferred Offering for Ethereum
BitMine shares dropped nearly 11% after announcing a $273.8 million preferred stock offering to support its Ethereum-focused treasury strategy.
Ether ETF Inflow Breaks 17-Day Losing Streak, Yet Price Continues Decline
U.S. spot ether ETFs ended a 17-day outflow streak with a $19 million inflow on June 4, but ether's price fell 6% to $1,662, as bearish sentiment persists.
Zcash Plunges 42% After Critical Bug Found in Privacy Protocol
Zcash's ZEC token fell more than 42% after a critical vulnerability in its Orchard privacy pool was discovered, potentially enabling unlimited counterfeit coins.
XRP Nears $1.13 as Bears Dominate, Key Support Under Threat
XRP slid to $1.13, breaking its four-month $1.20-$1.60 range, as selling pressure overwhelmed institutional buying. CoinDesk warns a break below $1.14 could trigger further declines.
BitMine Targets $300M via Preferred Shares to Boost Ethereum Staking
BitMine Immersion Technologies files to sell 3 million Series A preferred shares with a 9.5% dividend to raise $300M for Ethereum staking and treasury growth. Common shares up 5.8%.
XRP Recovers Above $1.30, Faces Key Resistance at $1.40
XRP rebounded above $1.30 to near $1.34, up 1.63% in 24 hours with $2.46B volume. Key support and resistance levels stand at $1.20 and $1.40.
CME Launches 24/7 Crypto Trading, Eliminating Weekend Gap
CME Group will begin round-the-clock crypto futures and options trading on May 29, closing the weekend gap and ending a popular arbitrage strategy.
XRP Slides to $1.31, Traders Eye $1.30 Support Amid ETF Inflows
XRP dropped to $1.31, down 3.9% in 24 hours and 7.4% over seven days, underperforming the broader crypto market. Traders eye $1.30 support as ETF inflows remain strong.
Kraken's Dubai License Advances UAE Crypto Market Entry
Kraken's parent Payward has secured preliminary Dubai VARA approval for a broker-dealer and investment license, moving closer to a full UAE launch with dirham funding and institutional services.
Canaan Shares Tumble as Q1 Losses Widen, Revenue Forecast Disappoints
Canaan shares dropped 13.8% to $0.4163 after the company posted a wider Q1 net loss of $88.7 million and issued a below-consensus Q2 revenue forecast of $35 million to $45 million.
XRP Faces $1.37 Hurdle as Bullish $10 Forecasts Meet Skepticism
XRP trades near $1.37 as bullish $10 forecasts clash with skepticism over Ripple's payments strategy. Standard Chartered projects $2.80 by 2026, but analysts warn RLUSD stablecoin may reduce XRP's role.
Crude Surge Puts Ethereum Under Pressure, Lee Warns of Macro Headwinds
Ether fell to ~$2,100 as oil's jump above $100 reignited inflation fears. Fundstrat's Tom Lee flags crude as Ethereum's top headwind, with record negative correlation.
XRP Retreats to $1.38 Amid Broad Crypto Selloff Despite ETF Inflows
XRP slid to $1.38 on Monday, down 2.29%, as a broad crypto selloff erased gains from last week. Despite $60.5M in spot ETF inflows, the token extended losses, with traders watching Fed minutes and US crypto legislation.
Bitcoin Dips Below $80K as Rising Yields and Oil Spark Risk-Off Move
Bitcoin slipped under $80,000 as U.S. spot bitcoin ETFs recorded $290.4 million in outflows, while rising bond yields and oil prices triggered a risk-off shift across markets.
XRP Holds Near $1.42 as $1.50 Level Looms Ahead of Senate Crypto Vote
XRP traded near $1.42 Saturday, down 2%, as the $1.50 level becomes key ahead of a Senate vote on crypto regulation. Bitcoin and ether also declined.
XRP Slips as Rising Yields Dampen Crypto Rally
XRP fell to $1.44 Friday as rising bond yields and reduced Fed cut bets weighed on risk assets, overshadowing regulatory progress.
XRP Holds at $1.42 Despite Record ETF Inflows Amid Fed Tightening
XRP hovers around $1.42 despite strong ETF inflows, as rising inflation dashes expectations for Fed rate cuts, weighing on crypto.
XRP ETF Inflows Reach $1.325 Billion After Ripple Bank Settlement Pilot
U.S. spot XRP ETFs drew $6.04 million on May 8, lifting cumulative inflows to $1.325 billion, following a pilot connecting XRP to bank settlement networks.
Bitcoin Steadies Near $80K as ETF Outflows Test Rally
Bitcoin traded near $80,000 early Saturday, steadying after two consecutive days of U.S. spot bitcoin ETF outflows totaling over $400 million.
Senate Stablecoin Deal Opens Door for Ripple's RLUSD Expansion
A Senate deal on stablecoin rewards unlocks crypto legislation, boosting Ripple's RLUSD as it expands on OKX with over 280 trading pairs and margin collateral use.