Bob Loukas Calls Bitcoin 'Horrendous' on Weekly Chart, Sets $49,000 Target
A popular trader with more than 30 years of experience in financial markets and author of the 60-day cycle theory for BTC, Bob Loukas, released on Monday another outlook of Bitcoin’s price. Unlike the optimistic charts, analyses and predictions that flooded the crypto space after the weekend, his…
470 Million XRP at Risk of Sell-Off on Binance, Here Are Price Scenarios
The volatility on the broader crypto market remains a determining factor shaping both retail and whale activities. Over the past week, on-chain data shows that as many as 470 million XRP have been deposited on Binance. XRP Sell-off in view?XRP netflow remains a major trend that determines…
$0 in Dogecoin ETF Daily Net Inflow: Cause for Concern?
According to Sosovalue data, the trio of Dogecoin ETFs, Grayscale, 21shares and Bitwise saw $0 in daily net inflows.This is not far from the recent trend as, since Feb. 3, the Dogecoin ETFs recorded zero daily net inflows but saw minor trading, with total value traded ranging between $150,000 and $…
XRP ETFs Plunge 45% in Weekly Inflows, But US Still Leading
According to the latest CoinShares' Digital Asset Fund Flows Weekly Report, the volume of inflows into exchange-traded funds tied to XRP declined by 45% over the past week, from Feb. 23 to March 1, totaling just $1.9 million by the end of the week. For comparison, during the same period, more…