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XRPC posted $245 million inflows despite sub-$60 million day-one volume thanks to massive in-kind creations. The Canary XRP ETF (XRPC) logged a standout first trading session on November 13, posting more than $58.5 million in volume and about $245 million in net inflows. The debut pushed XRPC ahead of Bitwise’s Solana fund (BSOL), which previously held this year’s top spot for ETF launches. XRPC Lands as Year’s Biggest ETF Launch XRPC surged out of the gate at market open after Nasdaq certified the listing the evening before, with analyst Eric Balchunas noting that the fund traded $26 million within…
Was the ETF launch a classic sell-the-news event? In line with the rest of the cryptocurrency market, Ripple’s native token turned dark red today with a notable 9% drop that pushed it south to under $2.30 as of press time. Trading volumes have picked up to more than $7 billion on crypto exchanges, but the interest in the token seems to be growing due to the launch of the first US-based spot XRP ETF that has a 100% exposure to the asset. CryptoPotato reported yesterday that the last hurdle for Canary Capital’s XRPC fund had been resolved after the…
Although Cardano (ADA) remains among the top 10 altcoins by market cap, its price is still hovering around 2024 levels. While many holders express disappointment with ADA’s performance, accumulation continues quietly beneath the surface.What evidence supports this trend, and what impact could it have? The following analysis draws on on-chain data and expert insights.Sponsored SponsoredHow Have Cardano (ADA) Whales Been Accumulating in November?Data from Santiment shows that “whales” and “sharks” — investors holding between 100,000 and 100 million ADA — have been accumulating heavily in a short period.Over the past four days, these large holders have purchased 348 million ADA,…
Following the general trend of the crypto market, the Dogecoin price has been stuck in sideways action for a while now. Mostly, there has been more dominance toward the downside compared to any opportunity for a recovery, and this has pushed it toward critical support levels. Amid this, the meme coin has shown a lot of weakness and the overall trend remains generally bearish in favor of further price decline. Why Dogecoin May Crash Instead Of Recover With the Dogecoin price already struggling, crypto analyst RLinda believes that the bearish action may continue to dominate for a while. She points…
Bitcoin price surged above $106,000 on Monday, reclaiming ground lost during a volatile weekend that saw brief dips below $100,000 on Friday. Despite early-week bearish pressure, buyers stepped in repeatedly at key support levels. Bitcoin price was up 1% in 24 hours throughout the day. Over the past week, Bitcoin price flirted with the $100,000 threshold multiple times, dipping slightly below on Tuesday, Wednesday, and Friday. However, bulls quickly defended these levels, ensuring no daily close occurred under $100,000. The 55-week exponential moving average (EMA) at $99,000 repeatedly acted as a reliable support floor, providing a strong foundation for the…
After 41 days of partial government closure, the United States may soon reopen. At the same time, President Donald Trump announced a “tariff dividend” plan —a proposed $2,000 benefit for every American citizen —seen as a strong fiscal stimulus signal.These two developments have sparked investor speculation: Are investors driving Bitcoin toward a new breakout as liquidity returns to the U.S. economy?Sponsored US Government Shutdown Ends: Liquidity Set to Return to the Market?According to journalist Nick Sortor on X, the Continuing Resolution was passed in the Senate by a 60:40 vote. This decision paves the way to end the 41-day-long government…
The x402 ecosystem has experienced a significant decline in activity, with its 30-day trading volume plummeting by nearly 90% and transaction counts falling in tandem. The drop raises broader concerns about whether the crypto meta may finally be losing momentum.Sponsored SponsoredSharp Decline in Trading Activity Signals Waning Interest in x402x402 is an internet payment protocol built to enable autonomous AI agents to execute verifiable, automated on-chain payments through standard web infrastructure. BeInCrypto previously reported that the ecosystem gained significant traction in October, drawing widespread attention from the crypto community. In fact, many low-cap coins within the x402 ecosystem saw their…
Amid the recent market recovery, Ethereum (ETH) is retesting a key level as support for the first time in a week, leading some market watchers to suggest that the highly anticipated end-of-year run may be delayed for a few more weeks. Related Reading Ethereum Eyes Next Key Level On Monday, Ethereum retested a crucial level after reclaiming it during the Sunday rebound. The cryptocurrency has been trading within the $3,100-$3,500 range after last week’s market shakeout, briefly hitting a four-month low of $3,057. Over the weekend, the King of Altcoins reclaimed the $3,400 resistance and soared approximately 7% to the…
According to Bloomberg Intelligence’s Mike McGlone, Bitcoin has entered a “do-or-die” phase as traders watch a narrow price band for signs of direction. From an Oct. 6 level of $123,500, the coin tumbled almost 20% to a low of $99,900 on Nov. 4 before recovering to about $106,350. Reports show the move left Bitcoin roughly 14% below its earlier October peak. Related Reading Make Or Break Zone For Bitcoin Based on trend lines and monthly charts, McGlone points to a rollover pattern after the months-long climb that culminated in an Oct. 6 high marked on some charts at $126,270. The…
In brief Zcash surged 33% on Friday to a recent high of nearly $735, triggering $51 million in short liquidations and ranking third in crypto liquidations behind Bitcoin and Ethereum. The token’s price has jumped tenfold in five weeks amid growing privacy concerns about Bitcoin’s centralization and corporate influence. Thursday’s harsh sentence for a Bitcoin privacy app developer may have further fueled Zcash’s rally. Privacy-focused Bitcoin alternative Zcash went on a tear Friday, surging some 33% in a matter of hours and triggering over $51 million in short position liquidations.The token surged to nearly $735 Friday afternoon, up from $536…