Investing

Bull and Bear (nosheep/Pixabay)
XRP Is the Sole Crypto Major in Green as Bitcoin Bulls Remain Sidelined
Some traders consider the current price lull to be stemming from market participants remaining “on the sidelines” amid sales pressure from defunct exchange Mt. Gox and the Ger...
Bull and Bear (nosheep/Pixabay)

(sergeitokmakov/Pixabay)
Long Bitcoin and Short Bitcoin Cash to Benefit From Mt. Gox Repayments: Trader
Both assets are being distributed in an ongoing process to creditors of the defunct Mt. Gox crypto exchange. Here’s how some traders are playing it out.
(sergeitokmakov/Pixabay)

Bitcoin received by German Government wallets. (Arkham)
Bitcoin, Ether Reverse Losses as Germany Gets Back $200M BTC From Exchanges
On Monday, BTC dropped to as low as $55,000 shortly after an address belonging to the German Federal Criminal Police Office (BKA) sent over $900 million to various addresses.
Bitcoin received by German Government wallets. (Arkham)

Trader looks at lines of support and resistance (Unsplash)
Bitcoin Climbs Over $57K, With Some Saying Mt. Gox Sales Already ‘Priced In’
Markets have priced in Mt. Gox’s ongoing repayments and U.S. policies could now start influencing the market, one trading desk said.
Trader looks at lines of support and resistance (Unsplash)

(mana5280/Unsplash)
Bitcoin Traders Target $50K as Billions in BTC Selling Pressure Looms
“The German government still has over $2.3 billion worth of bitcoin, Mt. Gox has more than $8 billion, and the US government has over $12 billion,” one trader pointed out.
(mana5280/Unsplash)

(Shutterstock)
Ethereum Products See Highest Outflows Since 2022 Ahead of Ether ETFs
The ETH products recorded $60 million in net outflows each week, the most since August 2022.
(Shutterstock)

(Shutterstock)
Bitcoin Traders Position for ‘Bullish July’ as BTC ETFs Record $124M Inflows
Bitcoin has a median return of 9.6% in July and tends to bounce back strongly, one trading firm said.
(Shutterstock)

(Shutterstock)
Japan’s Metaplanet Wants to Buy Another $6M Bitcoin
The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.
(Shutterstock)

(Mediamodifier/Pixabay)
Bitcoin ETFs See $226M Outflows Led by Fidelity’s FBTC
BlackRock’s IBIT was the only ETF posting a net inflow on Thursday, while most of the funds recorded outflows.
(Mediamodifier/Pixabay)

(Photo by H. Armstrong Roberts/ClassicStock)
Meme Sector Sees Sharp Sell-off as GameStop Losses Extend to 60%
A Solana meme parody of the actual company was down 25% in the past 24 hours, with steep losses across other meme tokens that tended to move in tandem with GameStop.
(Photo by H. Armstrong Roberts/ClassicStock)