Ethereum Open Interest Rises While Price Pulls Back: Short Squeeze Setup?

Charles Schwab started allowing select users to trade Bitcoin and Ethereum directly alongside their other investments.

Schwab's crypto trading launch could normalize digital assets in traditional portfolios, potentially sparking fee wars and reshaping market dynamics. The post Charles Schwab rolls out spot Bitcoin and Ethereum trading for retail clients appeared first on Crypto Briefing.

On-chain data shows the Bitcoin retail demand change has surged back into the green zone after a plunge underwater earlier in the year. Bitcoin Retail Investor Demand Change Has Surged To +4% In a new post on X, CryptoQuant author Axel Adler Jr has talked about the latest trend in the 30-day change of the […]

The post XRP Tops Upbit as South Korea Demand Surges Again appeared on BitcoinEthereumNews.com. XRP Becomes Upbit’s Most Traded Asset as Korean Demand Surges Again  Market analyst Xaif Crypto reports that XRP has surged to the top of Upbit’s 24-hour trading volume, South Korea’s largest crypto exchange, overtaking Bitcoin, Ethereum, and USDT.  Therefore, this move underscores the unusually strong retail demand for XRP in Korea, a pattern that continues to distinguish the market on a global scale.  While Bitcoin still dominates globally, South Korea’s crypto market has consistently followed a different rhythm. Driven largely by retail investors, the market has shown a strong and sustained preference for XRP.  Its relatively low unit price compared to Bitcoin often gives it a psychological edge, making it feel more accessible to smaller traders seeking higher perceived upside and easier entry into the market.  Beyond market sentiment, XRP’s fast settlement times and strong liquidity have

The post XRP’s Meteoric Rise Captivates Crypto Markets appeared on BitcoinEthereumNews.com. In a recent turn of events, XRP has taken center stage in the cryptocurrency arena, spearheading an impressive rally. Notably, this resurgence has been mirrored by a vigorous wave of activities in the Exchange Traded Fund (ETF) sector, pushing the token‘s price past its $1.46 resistance mark. Continue Reading:XRP’s Meteoric Rise Captivates Crypto Markets Source: https://en.bitcoinhaber.net/xrps-meteoric-rise-captivates-crypto-markets

The post Cardano Price Prediction: ADA Faces Selling Pressure After Rejection at $0.288 Zone appeared on BitcoinEthereumNews.com. ADA trades above major EMAs as bulls defend the broader breakout market structure Open interest cooled near $550M as leveraged speculation steadily continued fading Negative exchange netflows signal cautious sentiment despite ADA price stability Cardano continued to defend its broader bullish structure this week, even as momentum slowed following a sharp recovery rally. The digital asset recently climbed toward the $0.288 region after breaking out from a prolonged consolidation phase near $0.25. However, buyers encountered stronger resistance near the latest swing high, forcing ADA into a tighter consolidation pattern around $0.273. Despite the recent pause, the overall technical setup still favors bulls. ADA continues trading above its major exponential moving averages on the four-hour chart. Consequently, traders still view the broader structure as constru

The post BlackRock dumps over $170m of these two cryptocurrencies in a day appeared on BitcoinEthereumNews.com. BlackRock Inc. (NYSE: BLK) accelerated its Bitcoin (BTC) and Ethereum (ETH) sell-off on May 13 amid rising risk of crypto capitulation. BlackRock deposited 861 BTC, worth approximately $69.59 million, to Coinbase Prime on Wednesday, according to on-chain data from Arkham Intelligence. Additionally, the management firm sent 44,691 ETH, valued at around $103.15 million, to Coinbase Prime. On-chain analysis for BlackRock’s BTC and ETH. Source: Arkham Intelligence As such, BlackRock dumped $172.68 million in crypto assets, thereby signaling a rising institutional shift. Furthermore, BlackRock’s iShares Bitcoin Trust (IBIT) has now recorded 5 consecutive days of cash outflows totaling $235.21 million, bringing its total assets to $66.27 billion at the time of publication. IBIT daily inflows. Source: SoSoValue Similarly, BlackRock’s iShares Ethereum Trust (ETHA) has recorded low de

Data shows the Ethereum Open Interest has surged alongside the latest retrace in the asset’s price. Here’s what this could mean for the cryptocurrency. Ethereum Open Interest Has Seen A Rise Recently As highlighted by analyst Maartunn in an X post, the Ethereum Open Interest has just witnessed a surge. The “Open Interest” here refers to an indicator that measures the total amount of positions related to the cryptocurrency that are currently open on all centralized derivatives exchanges. Related Reading: Bitcoin Cycle Indicator Turns Green For First Time In Years: Early Bull Or Local Top? When the value of the metric rises, it means the investors are opening fresh positions on the market. As new positions generally come with more leverage for the sector, this kind of trend can lead to more volatility. On the other hand, the indicator observing a drop suggests holders are either getting liquidated or closing positions of their own volition. In either case, the resulting leverage washout