XRP Rallies 40% While Leveraged Funds Double Their Net Short
Open interest in XRP futures fell while the price rose, and CME took a bigger share of what was left. The accounts of the rally's window do not agree.
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Bitcoin Holds $78,000 as September Hike Odds Stall Below 60%
Two CME FedWatch readings for a September rate increase came in at 57.5% and 58% on Monday. Bitcoin held just under $78,000 as August's last session ran.
Bitcoin ETFs Snap a Nine-Day Run With a $202 Million Outflow
US spot bitcoin funds shed about $202 million on Friday, ending nine sessions of inflows worth $3.04 billion. Ether, XRP and Solana funds kept buying.
Bitwise's Solana ETF Is the First in Its Class Past $1 Billion
The Bitwise Solana Staking ETF passed $1 billion in assets about ten months after listing, though its share price is still around 40% below debut.
Six Decade-Dormant Bitcoin Wallets Moved 553 BTC, Mostly Off-Exchange
Galaxy Research tracked 553.59 BTC, about $40 million, leaving six wallets dormant since 2011 to 2014. Five went to addresses with no exchange label.
Solana Tops $100 as Two Proposals Aim to Cut SOL Emissions
Solana led the majors above $100 on Friday, its highest since January, while two proposals to slow SOL issuance sat in front of validators.
Bitcoin Slips Below $79,000 as August's Rally Runs Into a Ceiling
Bitcoin traded just under $79,000 on Thursday, off an intraday high above $81,000. The week's gain is reported as 14%, 23% and nearly 25%.
Bitcoin ETFs Post a Seventh Straight Inflow Day as August Tops $3B
US spot bitcoin funds took in $314.37 million on Tuesday, a seventh straight day of net inflows. BlackRock's IBIT accounted for about 90% of it.
Grayscale's Zcash ETF Starts Trading on NYSE Arca at a 2.5% Fee
The Zcash ETF opened on NYSE Arca under the ticker ZCSH. Its 2.5% sponsor fee sits far above what competing spot bitcoin funds charge.
Bitcoin Touches $80,000, Its Highest Print in More Than Three Months
Four Tuesday snapshots of the same rally give four different bitcoin prices. Two outlets call $80,000 a three-month high; the weekly gain figures do not agree.
Ether Falls Short of the $2,450 Weekly Close Analysts Flagged
Every snapshot around the Monday close put ether between $2,426 and $2,446, under the $2,450 level analysts had made the gate to a run at $3,000.
The Dip Gets Bought: Bitcoin Recovers to $77,000 Into the Weekly Close
The flash-crash dip stretched to $75,546 early Sunday, then got bought back to $77,400. Ether goes into the 00:00 UTC weekly close sitting on its $2,450 trigger.