Naaz24

XRP may rise 30% as traders withdraw 35M tokens from exchanges in a day.

#XRPRealityCheck

Recent spikes in XRP outflows from exchanges, totaling nearly 35 million XRP in just 24 hours, suggest a potential price rally for the cryptocurrency in May, as similar patterns have historically preceded price increases. XRP has already risen over 30% in the past three months, and with institutional interest growing—evidenced by three weeks of net inflows into US-based XRP ETFs totaling $82.88 million—there are strong indicators for further upside. Additionally, positive whale flows and a favorable technical structure support the bullish outlook, with targets suggesting a possible rise to around $1.87–$1.89 by June, although a significant drop below key support levels could negate this bullish sentiment.

#XPRPlunge
#xprppriceprediction
#XRPRealityCheck

Bitcoin funding rate stays negative even as BTC price trades above $75K: What gives?

Despite Bitcoin's recent rebound above $75,000, its futures funding rate remains negative, indicating ongoing bearish sentiment and forced liquidations rather than a shift towards bullishness. This negative funding rate, which has persisted since Monday, suggests a lack of demand for bullish leverage, with $120 million in leveraged long positions liquidated during recent price fluctuations. However, strong institutional inflows into Bitcoin ETFs and corporate accumulation signal solid spot demand. Overall, while the negative funding rate may hint at potential downsides, it does not currently raise alarms as institutional interest in Bitcoin remains robust.

$BTC $ETH $BNB

📰 Goldman Sachs to use options strategy for planned Bitcoin income ETF

Goldman Sachs has filed with the SEC to launch a Bitcoin-linked exchange-traded fund (ETF) called the Bitcoin Premium Income ETF, which aims to generate income while minimizing exposure to Bitcoin's volatility. The fund will primarily invest in spot Bitcoin ETPs and sell call options to create yield, maintaining at least 80% exposure to Bitcoin-linked assets. This actively managed fund may appeal to investors seeking income and lower volatility, as it could underperform during strong market rallies due to capped upside potential. The move reflects a broader trend among asset managers towards more complex and actively managed crypto investment strategies.

#GoldmanSachsFilesforBitcoinIncomeETF
#SECEasesBrokerRulesforCertainDeFiInterfaces

#$BTC

📰 Ether replays 2025 fractal that sparked 250% ETH price rally

Ether (ETH) has bounced off a multi-year support level, showing signs of a potential rally as it mirrors a previous pattern from 2025 that saw a 250% increase. The recent bullish MACD crossover and a retest of an ascending trend line suggest a trend reversal, with analysts predicting a possible rise towards $6,300 if it surpasses the key $2,400 range. Additionally, increasing demand for Ether is evident from positive metrics and significant inflows into #Ethereum exchange-traded products, indicating growing interest from institutional investors.

$BTC
$ETH
$BNB

#ShareYourThoughtOnBTC

📰 Bitcoin nears $75K as Iran deal hopes spark $400M short squeeze

Investor confidence in riskier assets has surged amid hopes for a US-Iran deal to resolve ongoing conflicts, leading to Bitcoin reaching its highest price in nearly a month at just below $75,000. This optimism contributed to a total crypto market value of $2.6 trillion, resulting in the liquidation of $530 million in leveraged positions, primarily in Bitcoin and Ether. Analysts suggest that while the market rally is significant, it may be driven more by a short squeeze than genuine buying interest, with institutional inflows also playing a role.

$BTC

📰 Price predictions 4/13: SPX, DXY, BTC, ETH, BNB, XRP, SOL, DOGE, HYPE, ADA

Bitcoin has reclaimed the $72,000 mark as bullish momentum builds in the cryptocurrency market, with analysts suggesting that geopolitical stability and easing economic concerns in the U.S. are crucial for further price increases, potentially reaching $90,000. Despite the positive outlook, short-term sentiment remains fragile, heavily influenced by macroeconomic factors like oil prices and inflation. Key resistance levels for Bitcoin are noted at $76,000, while Ethereum is closely watching the $2,400 mark. Other cryptocurrencies like BNB, XRP, and Solana are facing challenges in maintaining upward momentum, with sellers actively defending critical support levels. Overall, the market's direction hinges on macroeconomic developments and the ability of buyers to overcome resistance.