Bitcoin

Crypto Prices Drop on Fake BlackRock XRP Trust News; Analyst Eyes $50K as Next Target

XRP’s value surged by 10% when what seemed to be an official Delaware corporation registry document for the iShares XRP Trust circulated. This document resembled legitimate filings by BlackRock Inc (BLK) for bitcoin and ether ETFs. However, the rally was short-lived, with gains erased within 30 minutes after Bloomberg ETF analyst Eric Balchunas confirmed the…

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Bitcoin (BTC) Whales Engage in Significant Sell-Off – Warranting Caution?

In the past week, Bitcoin whales have executed substantial sell-offs, offloading almost 60,000 BTC. Concurrently, traders are exercising caution as the open interest in the market experiences a decline. This significant movement by whales raises concerns and prompts a vigilant approach among market participants. Following Bitcoin’s surge past the $37,000 mark in its ongoing rally…

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