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Tag: pump

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US spot Ether ETFs post new record inflow as altcoins pump

US Spot Ether exchange-traded funds attracted $717 million of US investor money on Wednesday, and now hold more than 4% of ETH’s circulating supply. US spot Ether exchange-traded funds clocked a new daily net inflow record of $717 million on Wednesday as altcoins rallied. BlackRock’s ETHA saw a daily inflow record, contributing $489 million to…
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Bitcoin price action mirrors 2019 ‘Xi pump,’ are new BTC lows incoming?

Analysts say Bitcoin’s recent weekend pump to $95,000 is eerily similar to the “Xi pump” in 2019. Bitcoin’s weekly chart was on track to close below $90,000 for the first time since November 2024, but a late surge pushed prices higher following US President Donald Trump’s announcement of a crypto strategic reserve. Bitcoin weekly chart. Source: TradingView…
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Bitcoin may ‘pump then rotate back’ if US strategic reserve gets approved

A crypto analyst warns that Bitcoin’s price could face volatility if the highly anticipated United States Bitcoin Strategic Reserve bill gets passed. A crypto analyst has warned that if approved, Senator Lummis’ proposal for the United States government to acquire 5% of Bitcoin’s supply could cause increased price volatility in the short term. “I expect…
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