Month: May 2025

Leading cryptocurrencies were muted on Wednesday even as negative GDP growth stoked recession concerns. Cryptocurrency Gains +/- Price (Recorded at 8:45 p.m. ET) Bitcoin (CRYPTO: BTC) -0.26% $94,289.48 Ethereum (CRYPTO: ETH)                -0.62% $1,796.30 Dogecoin (CRYPTO: DOGE)           -1.73% $0.1728 What Happened: Bitcoin tumbled below $92,000 in the early trading hours...

Bitcoin has been consolidating in a tight range between $92,000 and $96,000 since last week, frustrating both bulls and bears as volatility compresses. This narrow trading band is unlikely to last much longer—once Bitcoin breaks out of this range, analysts expect a sharp and aggressive move in either direction....

The UK is finally drawing a line in the sand when it comes to crypto regulation. On April 29, 2025, Finance Minister Rachel Reeves rolled out a draft set of rules aimed at bringing crypto exchanges, dealers, and agents under official oversight for the first time. Think of it...

A big shift could be coming to your financial advisor’s playbook. Bitcoin ETF inflows are gaining serious momentum as big-name institutions prepare to open access to millions of investors. According to Matt Hougan, Chief Investment Officer at Bitwise, the four biggest U.S. wirehouses, Merrill Lynch, Morgan Stanley, Wells Fargo,...

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Key takeaways: XRP ETF approval odds rise to 85% following a SEC leadership change. Analysts predict XRP could rise to new all-time highs again in 2025. XRP price dropped by 5% over the past 24 hours as US GDP data showed a shrinking economy. However, a strengthening market structure...

Contrary to some earlier reports, asset manager ProShares has indicated that its XRP ETF will not be launching soon. Meanwhile, a prominent member of the XRP community has hinted that May 1st and June 9th are two dates that community members should look forward to.  ProShares Debunks XRP ETF...

Key points: Solana held the $140 support level for a week, a first in more than two months, highlighting traders’ growing confidence. SOL futures open interest hit $5.75 billion on April 30, showing strong institutional interest. With rising DEX volumes and a $9.5 billion TVL, SOL could rally to...

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Key takeaways: Traders remain cautious about ETH’s price action, but optimistic sentiment is beginning to return. The May 7, Ethereum Pectra upgrade could boost investor sentiment, but ETH’s price action shows investors are still hesitant to open new positions. Ether (ETH) has been trading below $1,900 since March, leading...