BlackRock’s spot bitcoin exchange-traded fund is experiencing its worst month on record, mirroring the steepest decline in the price of bitcoin in more than three years. The iShares Bitcoin Trust ETF has seen $2.2 billion in outflows so far in November, according to FactSet data as of Monday. The withdrawals are nearly eight times the
The XRP price has moved into a bull market after rising by over 24% from its lowest point this month. It has risen in the last three consecutive days and is now hovering at its highest level in a week. This rebound happened after the successful launch of the Grayscale XRP ETF on Monday. XRP
Global markets opened the week with a wave of developments spanning technology, cryptocurrencies, and geopolitics. Google advanced its artificial intelligence ambitions with new efforts to expand the reach of its custom chips, while Bitcoin and major altcoins rallied on increasing confidence that the Federal Reserve will cut interest rates in December. At the same time,
The crypto market remained under pressure last week as Bitcoin and top tokens retreated, erasing billions of dollars in value. Bitcoin moved to $80,000, while the market cap of all tokens dropped by over $2.86 trillion. This article explores some of the top cryptocurrencies to watch this week, including Monad (MON), Pi Network, and XRP.
A crypto market rally is happening, with Bitcoin and most altcoins being in the green. Bitcoin jumped to $87,000 on Monday, while the market capitalization of all tokens jumped to the $3 trillion mark. Some of the top gainers were coins like Canton, Hedera, Story, Bittensor, Kaspa, and Hyperliquid, which jumped by over 6%. Top
Global markets opened the week on firmer ground, buoyed by rising expectations of US Federal Reserve rate cuts in December and improving risk sentiment. At the same time, cryptocurrencies surged, led by Bitcoin’s climb to $87,000, while political developments took center stage with President Donald Trump preparing to outline a healthcare cost proposal and the
Cryptocurrencies start the week on a bullish note as Bitcoin reclaimed $87K on Monday, recovering from Friday’s low of around $81.7K. Amidst the optimism, Dogecoin stayed in the spotlight ahead of the Grayscale GDOG ETF launch on NYSE Arca. The investment manager took it to X to confirm that its GXRP and Dogecoin exchange-traded funds
This week’s LATAM crypto news includes key developments: El Salvador continues to aggressively accumulate Bitcoin, pushing national reserves above 7,400 BTC despite market volatility, while Argentina’s LIBRA investigation reaches a critical point, with the release of the congressional report coinciding with rapid multi-million-dollar wallet transfers. São Paulo remains the largest cryptocurrency hub in Brazil, accounting
The crypto market crash eased during the weekend as investors bought the recent dip, and as American stocks rebounded from their Thursday crash. Bitcoin price rose to $86,500 from last week’s low of $80,000. Other top cryptocurrencies were also in the green, with Ethereum, XRP, Solana, and Chainlink rising by over 3% in the last
The cryptocurrency market has never been the same since the October 10 crash, with all recovery attempts followed by even deeper downsides. Bitcoin has plummeted from last month’s peak of above $115,000 to today’s low at around $81,000, and institutional portfolios confirm how volatile the crypto sector can be. Digital assets companies, after fueling rallies