The post Bitcoin ETFs Drain Millions, Sparking Market Concerns appeared on BitcoinEthereumNews.com. A major financial event in the cryptocurrency sector occurred as U.S.-based spot Bitcoin exchange-traded funds (ETFs) saw a dramatic withdrawal of over $96 million. This unexpected outflow halted a continuous trend of gains and surprised many, especially after reaching record-breaking inflows. Fidelity’s FBTC […]

XRP is back in the spotlight after a sharp uptick in leverage. Over the past week, XRP Futures Open Interest has jumped by more than $1 billion, climbing from $2.42 billion to $3.42 billion, around 4o% jump. The spike in OI coincided with a price rally from $2.14 to $2.48, showing traders are betting big […]

The post RBNZ to keep cutting in May – ING appeared on BitcoinEthereumNews.com. Another 25bp rate cut by the Reserve Bank of New Zealand on 28 May seems likely. Markets are fully pricing it in, following the RBNZ’s previous indications that growth remains a major concern, ING’s FX analysts Francesco Pesole and Chris Turner note. […]

The post Best crypto to buy as markets breathe easy on trade war de-escalation appeared on BitcoinEthereumNews.com. Emerging projects like Bitcoin Pepe are gaining momentum amid the broader crypto rebound. Bitcoin Pepe (BPEP) presale has maintained strong traction since its launch in early February. The presale has so far raised over $8.1 million, with BPEP tokens currently […]

The post Likely to rise further – UOB Group appeared on BitcoinEthereumNews.com. New Zealand Dollar (NZD) is likely to rise further; it is unlikely to be able to break clearly above 0.5965. In the longer run, outlook is mixed; NZD is expected to trade in a 0.5835/0.6030 range, UOB Group’s FX analysts Quek Ser Leang […]

The post Pi Network Advances Decentralization by Shutting Down Central Node Ahead of Potential Source Code Release appeared on BitcoinEthereumNews.com. The Pi Network has marked a pivotal moment in its journey by shutting down its central node, a decisive move toward true decentralization. This development coincides with the Consensus 2025 event, igniting anticipation around its […]

The post Bitcoin Price Surges $30,000 In 30 Days! What’s Next? appeared on BitcoinEthereumNews.com. The Bitcoin price has recently surged $30,000 in just one month, signaling a strong return of the bull market. However, as excitement builds, it’s essential to take a step back and assess whether this rally is sustainable or if we might […]

The post Analyst revises Rivian (RIVN) stock price target appeared on BitcoinEthereumNews.com. Multinational investment bank Jefferies has downgraded Rivian stock (NASDAQ: RIVN) from a ‘Buy’ rating to a ‘Hold’ rating, citing sluggish demand outlooks for the rest of 2025. In a note shared with investors, equity researcher Philippe Houchois praised the company’s Q1 2025 earnings […]

The post Synthetix plans Derive re-acquisition, giving SNX a price boost appeared on BitcoinEthereumNews.com. Synthetix’s SNX token today jumped 11% amid $27M Derive re-acquisition news. Synthetix plans to merge Derive’s options stack into Synthetix’s mainnet perps. The proposal will involve swapping 27 DRV for 1 SNX, with Synthetix minting new 29.3M SNX tokens. Decentralised finance […]

The post SUI Rockets as Market Eyes Record Peaks appeared on BitcoinEthereumNews.com. In recent weeks, Sui (SUI) has witnessed a remarkable surge, climbing approximately 75% and breaking above the $4.00 milestone, a first since February. This impressive upward trajectory, underpinned by unprecedented on-chain metrics and technical signals, has fueled speculation of an approaching all-time high […]