On-Chain Data Suggests XRP Still Overvalued Despite Weak Price Action — More Pain For Bulls?

The post Ripple and Stellar: Pioneers of a Balanced Financial Future appeared on BitcoinEthereumNews.com. SMQKE, known for insights into the cryptocurrency world, envisions a future where Ripple‘s XRP and Stellar’s XLM become key elements of the financial landscape, akin to how Visa and Mastercard have operated in traditional markets. Rather than one blockchain reigning supreme, these two could coexist as major contributors to global finance. Continue Reading:Ripple and Stellar: Pioneers of a Balanced Financial Future Source: https://en.bitcoinhaber.net/ripple-and-stellar-pioneers-of-a-balanced-financial-future

The post Bitcoin Short-Term Holders Move 107,760 BTC In A Single Day — Details appeared on BitcoinEthereumNews.com. According to historical data, the price of Bitcoin has never posted three consecutive months of positive performance in a bear-market year. This trend is about to continue in 2026, with May looking likely to end in the red for BTC after optimistic performances in March and April, and at the start of this month. Recent on-chain data suggests that short-term investors may also be capitulating amid Bitcoin’s disappointing price action over the past few weeks. Are BTC’s Short-Term Investors Losing Conviction? In a Quicktake post on the CryptoQuant platform, market analyst RugaResearch revealed that a specific cohort of Bitcoin investors moved a significant amount of BTC in the past day. This set of investors is known as the short-term holders, who are famous (or infamous) for being the most reactive in the market. Specifically, RugaResearch reported that 107,760 BTC within th

The post XRP And XLM Correlation Sparks Hopes Of A Recovery Surge appeared on BitcoinEthereumNews.com. XRP and XLM are once again drawing attention as their long-standing price correlation fuels expectations of a potential recovery rally. If history repeats itself, the recent move in XLM could signal that XRP is preparing for a bullish breakout of its own, potentially reigniting confidence across the broader XRP ecosystem.  Could XLM’s Breakout Be The Catalyst For XRP’s Next Rally? Crypto analyst Bird highlighted a compelling structural possibility for XRP, suggesting that if it mirrors the powerful weekly candle recently delivered by XLM, a rapid ascent above the $2 threshold could be imminent. This move would serve as a vital marker, effectively invalidating the recent bearish trend and signaling a new phase of accelerated growth for the asset. Such a breakout would do more than just shift the price; it would fundamentally transform market sentiment. By restoring confidence and gener

The post Binance aims for 3 billion users by 2030 amid a market it says is going through hard times appeared on BitcoinEthereumNews.com. The crypto market is struggling, competitors are either passing through hard times or pivoting to other areas, while Binance is building with eyes on increasing its active user base ten-fold to 3 billion by 2030, Catherine Chen, the head of VIP and Institutional told CoinDesk in an interview. “It is true, the market is going through a hard time,” Chen said. “There is still some regulatory development, we are seeing some of our competitors either struggling or perhaps shifting their focus.” Coinbase, for example, recently reduced its workforce by 14% or nearly 700 staffers, citing negative market conditions as well as AI challenges, part of a wave of crypto employee layoffs this year. As BTC faces resistance to reclaim the psychological six-figure mark over $100,000, a level it has not seen since mid-November, the broader market seeks sustainable growt

The post Bitcoin faces $70K test as Hyperliquid’s stablecoin supply rises 8% – Capital rotation? appeared on BitcoinEthereumNews.com. Reading on-chain data at the right time can give investors an early edge. At the current stage of the cycle, timing matters more than ever. From a technical view, traders have wiped $10 billion+ from the market this week, dragging Bitcoin closer to $70k. With major liquidity clusters sitting on both the upside and downside, the next move could trigger a significant liquidity sweep in either direction. That said, several early indicators suggest bulls are gradually losing control. Bitcoin sentiment has dropped into extreme fear, a level that has historically signaled capitulation events. At the same time, more than 45% of short-term holders (STHs) are now underwater, increasing the likelihood of panic selling as market participants begin to test their conviction. Source: CryptoQuant Notably, the same trend is visible among U.S. investors.  According to Cr

The post XRP news: Ripple-linked ETFs drew inflows last week as bitcoin, ether funds lost $2 billion appeared on BitcoinEthereumNews.com. XRP funds are getting the bid that bitcoin and ether ETFs are missing. U.S.-listed spot XRP ETFs posted $11.88 million in net inflows on May 29, extending a week of positive flows even as the larger bitcoin and ether ETF markets continued to lose capital, SoSoValue data show. Spot bitcoin ETFs recorded $125.31 million in net outflows on May 29, marking a 10th straight day of redemptions. Ether funds lost another $17.91 million, following $121.35 million of outflows the day before. XRP funds moved the other way. Bitwise’s XRP ETF led the group with $7.36 million of inflows on May 29, followed by Canary’s XRPC at $2.38 million and Franklin’s XRPZ at $2.14 million. Total net assets across the U.S. XRP ETF category stood near $1.12 billion, equal to about 1.37% of XRP’s market value, while cumulative net inflows reached $1.42 billion. The size is still s

According to historical data, the price of Bitcoin has never posted three consecutive months of positive performance in a bear-market year. This trend is about to continue in 2026, with May looking likely to end in the red for BTC after optimistic performances in March and April, and at the start of this month. Recent on-chain data suggests that short-term investors may also be capitulating amid Bitcoin’s disappointing price action over the past few weeks. Are BTC’s Short-Term Investors Losing Conviction? In a Quicktake post on the CryptoQuant platform, market analyst RugaResearch revealed that a specific cohort of Bitcoin investors moved a significant amount of BTC in the past day. This set of investors is known as the short-term holders, who are famous (or infamous) for being the most reactive in the market. Specifically, RugaResearch reported that 107,760 BTC within the 1-month to 3-month Spent Output Age Band moved in a single day, the largest value on-chain movement (within this a

The post XRP ETFs Attract $12M as Bitcoin Funds Extend Outflow Streak to 10 Days appeared on BitcoinEthereumNews.com. Key Takeaways Bitcoin ETFs lost $125.3M, extending a 10-day outflow streak led by Blackrock IBIT. Ether ETFs saw a 14th straight outflow day as ETHA withdrawals outweighed inflows. XRP, HYPE, and Solana ETFs attracted fresh capital, showing selective risk appetite. Bitcoin and Ether ETFs Lose $143M as XRP and HYPE Funds Gain Ground The week ended with a familiar split in the crypto ETF market. Investors continued to reduce exposure to bitcoin and ether funds, but they did not abandon the space entirely. Instead, capital moved with more care. The largest products remained under pressure, while altcoin ETFs found steady demand. Bitcoin ETFs recorded $125.31 million in net outflows, marking the category’s 10th consecutive day in negative territory. The selling was spread across six funds. Blackrock’s IBIT once again led the withdrawals, with $68.20 million leaving the fund