Quick Summary: Global crypto ETPs attracted $224 million last week, with XRP accounting for more than half of net inflows, according to CoinShares. Cryptocurrency exchange-traded products recorded modest inflows last week despite a mixed geopolitical backdrop and growing expectations of tighter monetary policy. CoinShares reported on Tuesday that global crypto exchange-traded products (ETPs) attracted $224 million in inflows, reversing a $414 million outflow from the prior week. The fresh capital pushed total assets under management to approximately $131.8 billion, a level broadly consistent with the same period last year. Year-to-date inflows reached around $1.2 billion, compared with $960 million over…
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Quick Summary: Binance launches a Spot Price Range Execution Rule on April 14 to prevent trades from filling at extreme prices during volatile market conditions. Binance is rolling out a new spot trading protection mechanism designed to prevent orders from executing at prices that fall outside a defined range during periods of extreme market volatility. The exchange announced on Tuesday that the feature, called the Spot Price Range Execution Rule (PRER), will go live on April 14. The move represents an exchange-level intervention rather than a tool available to individual users.The PRER works by tying order execution to a dynamic…
Quick Summary: Argentine banks are testing JPMorgan’s JPM Coin for back-end settlement workflows despite a central bank ban on offering crypto services to clients. A group of Argentine banks has begun piloting JPM Coin, a deposit token developed by JPMorgan for institutional use, as part of an effort to evaluate improvements in settlement and reconciliation processes. The initiative is being conducted internally, without extending any crypto-related services to retail or corporate clients. This distinction is significant because the country’s central bank continues to prohibit lenders from offering most crypto services to customers. The development was first reported by local outlet…
Quick Summary: Bitcoin remains rangebound between $62,000 and $75,000 since February, while AI and privacy tokens attract selective investor interest amid rising macro risks. Bitcoin has remained confined within a narrow trading band since early February, with support holding at $62,000 and resistance capping gains at $75,000. Historically, this type of prolonged consolidation pattern has preceded a price breakdown. The persistence of this range reflects a broader sense of indifference across cryptocurrency markets, with investors showing little urgency to commit capital in either direction.Despite the general lack of enthusiasm in the wider market, certain niche sectors are attracting notable attention.…
Quick Summary: Bitcoin has gained over 5% since February 28 while a major software sector ETF fell more than 2%, signaling a short-term break in their previously tight correlation. Bitcoin has outperformed software stocks in recent weeks, gaining more than 5% since February 28 while the iShares Expanded Tech-Software Sector ETF declined by more than 2%. The divergence marks a notable short-term split between two assets that had been moving closely together for months. Observers are pointing to the gap as a sign that Bitcoin may be decoupling from the technology equity sector, at least temporarily.The correlation between Bitcoin and…
Quick Summary: Bitcoin ETFs drew $471.3 million in a single day, the largest inflow since late February, as investors position ahead of Trump’s Iran deadline. Bitcoin exchange-traded funds recorded their biggest single-day inflows since late February on Monday, pulling in $471.3 million as investors positioned themselves ahead of a deadline set by President Trump regarding negotiations with Iran. BlackRock’s IBIT led the way with $181.9 million, followed by Fidelity’s FBTC at $147.3 million and ARKB at $118.8 million, according to data from SoSoValue. Every fund in the group recorded net inflows or held flat, with none posting outflows.At the time…
Quick Summary: US spot Bitcoin ETFs pulled in $471 million on Monday, their biggest single-day inflow since February 25, pushing total AUM back above $90 billion. US-listed spot Bitcoin exchange-traded funds recorded $471 million in inflows on Monday, their largest single-day figure since February 25, when the funds attracted $507 million, according to data from SoSoValue. The surge in flows coincided with Bitcoin’s price briefly approaching $70,000 before retreating below $69,000, based on figures from CoinGecko. The price movement took place against a backdrop of ongoing geopolitical pressure and renewed concerns about Bitcoin’s quantum resistance. The Crypto Fear & Greed…
Quick Summary: XRP closed near $1.31 after failing to hold above $1.35, with rising volume and lower highs signaling continued seller control. XRP was unable to sustain a move above the $1.35 resistance level, closing the session near $1.31. While the price decline of approximately 1.9% may appear modest on the surface, analysts note that the rejection at resistance carries more significance than the raw percentage drop suggests. The manner in which the level was tested and abandoned points to underlying weakness in buyer momentum. This pattern is drawing attention from traders monitoring the asset’s short-term trajectory.Volume data adds further…
Quick Summary: U.S. spot bitcoin ETFs drew roughly $471 million in net inflows on April 6, their best single-day figure in more than a month. U.S. spot bitcoin exchange-traded funds recorded approximately $471 million in net inflows on April 6, marking the strongest single-day intake in over a month. Despite this surge in institutional demand, bitcoin’s price remained near $68,780, staying below the closely watched $70,000 threshold. The figures highlight a growing divergence between ETF-driven buying and broader market activity.Analysts note that robust ETF demand is playing a stabilizing role in the market, helping to counterbalance subdued activity from large…
Quick Summary: Grayscale’s head of research says Bitcoin’s biggest quantum computing risk lies in community disagreement, not technical limitations. Grayscale head of research Zach Pandl argues that the primary obstacle to addressing the quantum computing threat to Bitcoin is not technical but social. The concern centers on whether the Bitcoin community can reach consensus on a path forward before the threat becomes urgent. Pandl’s comments follow a paper released by Google on March 30, which suggested that a quantum computer could potentially break Bitcoin’s cryptographic protections using far fewer resources than previously estimated.Despite the alarm raised by Google’s findings, Pandl…
