Exodus sells over 1,000 Bitcoin as Q1 loss widens to $32M
Exodus Movement reported a $32.1 million net loss in Q1, with revenue down 36.8% to $22.7 million amid a drop in monthly active users.
BitcoinEthereumNews·
The post XRP price has the bullish signal traders wanted, but one Bitcoin level could wreck it appeared on BitcoinEthereumNews.com. Make CryptoSlate preferred on XRP price is testing a breakout zone near $1.50 as institutional inflows, rising derivatives activity, and easing whale-related selling improve the token’s setup, but the trade still depends on whether Bitcoin can hold above $80,000 through a critical macro week. CoinShares data released May 11 showed XRP investment products attracted $39.6 million in weekly inflows, while Bitcoin absorbed $706.1 million of the $858 million total that entered digital-asset funds. Bitcoin absorbed $706.1 million of the total $858 million, roughly 82% of all weekly fund flows, broke above $80,000, and lifted total crypto-product AUM to $160 billion. XRP has real demand indicators, such as fund inflows, elevated derivatives positioning, and easing whale-related selling activity, but the broader market’s risk appetite still runs through Bitcoin. T
Read full articleExodus Movement reported a $32.1 million net loss in Q1, with revenue down 36.8% to $22.7 million amid a drop in monthly active users.
XRP has been a major topic of discussion since the CLARITY Act was first proposed, with many in the crypto community suggesting that the altcoin could greatly benefit from the bill as a cross-border neutral bridge asset. However, a market expert has outlined several entities and cryptocurrencies he believes would benefit even from this upcoming […]
Ripple's $200M Credit Facility: What It Means for XRP The post XRP Ripple News: $200M Credit Facility Standard Chartered Deal appeared first on 99Bitcoins.
The current Bitcoin bear market drawdown is far smaller than previous bear markets, as steady ETF inflows and corporate Bitcoin buying continue to absorb selling pressure.
The current price position of Bitcoin at $78,000 is being watched by investors because of technical positions indicating that there could be a possible 25% appreciation towards $100,000. The kind of increase in price indicated here would only happen because of the fact that Bitcoin is an established, market capitalization stock. On the other hand, […] The post Bitcoin Holding Near $78K Suggests a 25% Move to $100K, While Little Pepe’s Early Pricing Opens Room for 2,000%–5,000% Expansion appeared first on Live Bitcoin News.
Expanding Bitcoin price momentum, recovering liquidity and surging network activity all point to continued bullish control.
Institutional investors just bought an overall total of $857.9 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. The inflows mark the sixth consecutive positive week and the largest weekly total since April 24th. Bitcoin dominated the flows with $706.1 million in inflows, pushing year-to-date flows for Bitcoin […] The post Institutional Investors Pour $857,900,000 Into Bitcoin and Crypto Assets in One Week: CoinShares appeared first on The Daily Hodl.
XRP is trading at $1.45 as the second week of May is underway, and for the first time in several months, the technical picture carries a genuine sense of compression and potential energy. A symmetrical triangle that has been forming since February is now at its apex, with the price breaking above the upper boundary […]