Crypto News

Over the past two weeks, bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further. This outlook is supported by bullish developments in the bitcoin-to-gold ratio, which measures BTC's USD price against gold’s USD price per ounce and easing U.S.-China trade tensions. Recently, the ratio broke out of an inverse head-and-shoulders pattern, a classic bottoming formation characterized by a large trough flanked by two smaller ones, with a trendline connecting the recoveries between troughs. The breakout indicates bearish-to-bullish trend change, signaling further bitcoin outperformance.Last week, the ratio topped the trendline, and technical analysis suggests it could rise to at least 35.00 from the current 32.00. This target is derived by adding the spread between the largest...

Bitcoin ETFs dominated the net inflows to crypto funds last week, according to a new report from CoinShares.Source link

Bitcoin exchange-traded funds (ETFs) kept the inflow trend alive with $321 million in net entries, driven primarily by Blackrock and Fidelity. Meanwhile, ether ETFs ended their three-day outflow streak with a modest $18 million inflow led solely by Blackrock. Bitcoin ETFs Continue to Bring in Strong Inflows With Ether ETFs Ending Losing Streak Momentum inSource link

The approval from Germany's BaFin enables BitGo to expand its digital asset services across all 27 European Union member states.Source link

In its Q1 2025 report, blockchain intelligence company Messari highlights significant developments in Rootstock, a bitcoin sidechain, including a record-high merged mining participation rate of 81%, up from 56.4% in the previous quarter. This came following the integration of Foundry, the largest bitcoin mining pool. Transaction costs on the network dropped by 60% due toSource link