Bitcoin Drop Linked To Hidden $1.3 Billion ETF Trade, Analyst Reveals
Eight straight days. That is how long US spot Bitcoin ETFs have been bleeding money, with more than $2 billion in net outflows recorded since May 14 — and Tuesday’s session added another ugly chapter to that streak. Related Reading: HYPE Price Breakout Ignites Rally Talk Toward $170 Target A Sell Order Like No Other A single trader sold over 29 million shares of BlackRock’s iShares Bitcoin Trust ETF on Tuesday through a dark pool, a private trading platform used by institutions to quietly execute large orders away from public markets. The transaction, valued at $1.3 billion,....
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In an interview on BFM Business, Ripple’s Managing Director for the UK & Europe, Cassie Craddock, lifted the veil on how the blockchain company intends to weave the XRP Ledger into the fabric of prime brokerage. Speaking about Ripple’s $1.25 billion acquisition of London‑headquartered Hidden Road, Craddock confirmed that the forthcoming Ripple USD‑backed stablecoin, RLUSD, […]
Ripple Labs has announced a major acquisition to shock the market out of an otherwise dreadful week. Taking to X (formerly Twitter), the crypto firm announced that it has acquired Hidden Road, a brokerage, clearing, and financing firm as it moves forward in its mission to become the leader for institutional investors moving into the digital assets space. Ripple Acquires Hidden Road For $1.25 Billion The Tuesday announcement by Ripple has further solidified the mission that the crypto firm has long put forward, and that is to provide instant and quick transfer of value for traditional and....
A careful look at the Coca Cola logo will reveal a hidden Danish flag. So is the arrow in FedEx which symbolizes forward moving. And the shaving stick hidden somewhere between the first two letters of Gillette. What do you see in the Ethereum logo? Metaphysical element. According to CrystalWind, the Octahedron represents the element of Air and is linked to the Heart Chakra, which is the center for love and compassion. Also, it represents a mirror, a perfect reflection of itself, which is a lovely reminder of the mirrors/reflections that we are to each other. This center includes the....
Bitcoin is fighting to reclaim the $90,000 level after a sharp drop earlier today, adding fuel to growing fears of a deeper downtrend. Market sentiment has weakened noticeably, with selling pressure intensifying across spot and derivatives markets. Traders remain cautious as liquidity thins and volatility increases, creating an environment where even minor inflows can trigger outsized price reactions. The recent rejection below $90K highlights the fragility of the current structure and raises questions about whether Bitcoin is entering a more prolonged corrective phase. Related Reading:....
A crypto analyst is of the notion that the Dogecoin price will trade at $2, with this view being obvious, and most just can’t see it yet. The meme coin is still pinned below the $0.10 threshold despite repeated attempts to break higher, but according to crypto analyst Crypto Patel, the chart is screaming for […]