🔍 🟡😐 Market Analysis — 8-11-21

Crypto markets are finding their sea legs on a choppy Friday, as risk assets attempt to stabilize after another turbulent session. U.S. bitcoin ETFs, battered by days of relentless outflows, have at last recorded $240 million in fresh inflows—a rare glimmer of optimism as stocks and cryptocurre... ... Read full 🟡😐 Market Analysis — 8-11-21

Spanish crypto influencer CryptoSpain detained on $300 million fraud, money laundering charges

Spanish crypto influencer CryptoSpain detained on $300 million fraud, money laundering charges

Spanish crypto influencer Álvaro Romillo, founder of the alleged Ponzi scheme Madeira Invest Club (MIC), has been detained without bail by a Spanish court on charges of perpetrating a $300 million fraud. Romillo was arrested in Spain on Thursday after being deemed a flight risk when Spanish official

XRP Pressured by Ugly Death Cross: What's Next?

XRP Pressured by Ugly Death Cross: What's Next?

A distinct death cross has formed on XRP's daily chart, indicating a bearish signal that could eliminate any remaining bullish sentiment in the market. XRP is currently struggling under increasing technical pressure.XRP gets pressuredA persistent downtrend that had been developing since early Octobe

Bitcoin ETF Withdrawals Hit Levels Last Seen in May

Bitcoin ETF Withdrawals Hit Levels Last Seen in May

Spot Bitcoin ETFs are posting their heaviest withdrawals since May, signaling a clear shift in institutional positioning as risk conditions tighten across global markets.CryptoQuant data shows redemptions have climbed to roughly $2.3 billion from their recent peak, reversing a month-long stretch of

Bitcoin whales are present but retail players are no where to be found—expert speaks on potential impact ‬

Bitcoin whales are present but retail players are no where to be found—expert speaks on potential impact ‬

Bitcoin’s latest market structure is showing a striking imbalance, as whales are stepping in, but retail investors remain largely absent.

Bitcoin Bounces From $100,000 — Bullish Reversal Or Another Trap?

Bitcoin Bounces From $100,000 — Bullish Reversal Or Another Trap?

Bitcoin (BTC) recently bounced from the $100,000 level, sparking hopes of a bullish reversal. However, traders remain cautious, as this rebound could also be a temporary bull trap. With key resistance looming around $105,000–$106,000, the market’s next move will be critical in determining whether BT

U.S. spot bitcoin ETFs see largest daily outflow since August as BTC price hovers around $100,000

U.S. spot bitcoin ETFs see largest daily outflow since August as BTC price hovers around $100,000

U.S. spot bitcoin ETFs on Friday logged $558.4 million worth of net ouflows, the largest single-day outflow sum since Aug. 1, as Bitcoin's price hovers around the $100,000 mark. Fidelity's FBTC fund, the second-largest spot bitcoin ETF by assets under management (AUM), logged $256.7 million worth of