David Nicholas, CEO and Founder of XFUNDs by Nicholas Wealth and portfolio manager of several actively managed ETFs including BLOX, which maintains bitcoin as a core holding, views the current bitcoin market as technically damaged. He notes that BTC is trading roughly 20% below its 50-day moving average, a situation he describes as a “broken […]
Archives for June 9, 2026
Solana (SOL) Back On The Defensive—Can Bulls Prevent Another Drop?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance […]
XRP drops 4.5% as heavy selling breaks another support level
XRP keeps finding buyers near major support, but it keeps losing support anyway. The latest drop pushed the token back toward the same $1.10 area that several analysts had flagged as a key line in the sand, with selling pressure accelerating once $1.13 gave way. News Background • Several analysts pointed to the $1.09 area […]
Bitcoin and gold fall together as a rate-hike bet hits every hedge
Bitcoin’s BTC$61,412.97 bounce from last week’s low is rolling over, and gold is going down with it. BTC changed hands at $61,233 on Wednesday, down 3% over 24 hours and 6.9% on the week, while gold fell 2% to below $4,200 an ounce. The market is betting on higher interest rates and is punishing assets […]
Bitcoin ETFs are no bigger today than when Trump won the election
Bitcoin BTC$62,194.32 spot exchange-traded funds (ETFs) have fallen out of investor favor and how. Total dollar value of net assets across the 11 spot ETFs stood at $77.58 billion on June 9. That’s the same level seen just after President Donald Trump won the presidential election in early November 2024. Bitcoin ETFs: Total net assets. […]
XRP Leverage Flush Hits Bybit While Binance Holds The Line – Analyst Explains Rare Setup
XRP is struggling around $1.15 as fear and uncertainty define the current market environment, and holders search for evidence that the current level represents support rather than a temporary pause before further decline. The price is under pressure — and a CryptoQuant analyst has identified a derivatives reset that occurred during the latest sell-off that […]
XRP Price On Shaky Ground As A New Selloff Threatens
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance […]
Ethereum Price Looks Vulnerable Again After A Failed Recovery Attempt
Ethereum price started a downside correction from $1,720. ETH must clear the $1,670 and $1,700 resistance levels to continue higher. Ethereum started a downside correction below the $1,620 zone. The price is trading below $1,665 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,700 on […]
SpaceX Exposure Comes To Bybit Through New Tokenized Product – Details
Bybit users who subscribe to the exchange’s new IPO Express product and receive an allocation may be in for a surprise: if the final offering price comes in within 20% of the indicative price they agreed to, their order gets executed automatically, without any additional confirmation required. Related Reading Launched June 7, IPO Express lets […]
Bitcoin Price Back Under Pressure After Recovery Hopes Fade
Bitcoin price started a downside correction from the $64,600 zone. BTC is showing bearish signs and might continue lower below $61,200. Bitcoin failed to stay above $64,000 and extended losses. The price is trading below $62,800 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at […]
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