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Bitcoin ETFs Add $1 Billion in 2 Days Amid March to Record BTC Price

by admin May 21, 2025

In brief

It’s only Wednesday, and U.S. investors have plowed nearly $1 billion into spot Bitcoin ETFs.
The price of BTC has reached a new high.
Bitcoin ETFs in the U.S. have accumulated over $42 billion in net flows.

Investors poured nearly $1 billion into the new American Bitcoin ETFs, helping to drive the price of the leading cryptocurrency a record and a sign of markets’ growing embrace of digital assets. high.

Investors on Monday and Tuesday put a total of $996.6 million into the funds, data from UK asset manager Farside Investors shows. Figures for Wednesday are yet to be released, but the ETFs that track BTC’s price have been surging in recent weeks, reaching a record high for net inflows of more than $42 billion.

“Bitcoin ETFs have been on fire the last few weeks,” Bloomberg ETF research analyst James Seyffart told Decrypt.

The flurry of Bitcoin bets comes as investor appetite for crypto-focused assets has mushroomed in recent weeks, helping to spur a hefty price increase in the digital asset. Bitcoin’s price has soared to $109,565 before retreating to roughly $107,000, according to crypto markets data provider CoinGecko. Bitcoin is up more than 23% over the past month reasserting itself after a late winter, early spring lull that took the price below $75,000 in early April.

Spot Bitcoin ETFs since mid-April have received over $7.5 billion in inflows.

“They are one of—if not the—most successful ETFs,” Seyffart said.

BlackRock’s iShares Bitcoin Trust (IBIT), the largest of the funds in this category, has accounted for most of this week’s gains, generating nearly $600 million in net inflows. The Fidelity Wise Origin Bitcoin Trust (FBTC) and Ark 21Shares Bitcoin ETF (ARKB) have received $211.4 million and $201.7 million in inflows, respectively, according to Farside.

Still, the most successful day the ETFs have had in their short lifespan was on November 7, when President Trump’s White House victory was announced. The funds then took in over $1.3 billion in new cash.

The U.S. Securities and Exchange Commission last year approved the initial Bitcoin ETFs, allowing consumers to invest in the cryptocurrency without purchasing and safeguarding the asset directly, a process that often seems daunting.

The funds have had the most successful launch in ETFs’ 32-year history, with a total of 11 funds controlling $127 billion in AUM.

Edited by James Rubin

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May 21, 2025 0 comments

GameFi Guides

Can Monero’s XMR price surge 40% and revisit all-time high?

by admin May 21, 2025

Monero price continues to chart its own path this month as demand for the biggest privacy coin rises.

Monero (XMR) has rallied for seven consecutive weeks as Bitcoin (BTC) and other altcoins stalled. It jumped to a high of $367.67 this week, its highest level since May 17, up by 265% from its lowest level in 2024.

Monero gained momentum following the Tornado Cash (TORN) court ruling and the eventual lifting of U.S. government sanctions, which drove investors back to privacy coins.

One hope is that centralized exchanges that previously delisted it, like Binance and Coinbase, will relist it this year. Additionally, the Donald Trump administration is composed of pro-crypto officials, including Paul Atkins, the head of the SEC.

Monero’s surge continues this week even as the hash rate crashed to its lowest point since May 13. It dropped from a record high of 5.64 GH/s last week to 4.51 GH/s. Hash rate refers to the computational power used by a network to process and validate transactions. A falling hash rate indicates reduced mining activity in the network.

XMR price technical analysis

XMR price chart | Source: crypto.news

The weekly chart shows that the XMR price has been in a strong bullish trend over the past few weeks. This rebound followed a prolonged period in which the coin remained between the support and resistance levels at $134.42 and $186.18 for over two years.

This consolidation was likely part of the accumulation phase of the Wyckoff Theory. It has now moved into the markup phase, which is characterized by higher demand than supply.

Monero has moved above all moving averages. Additionally, the Average Directional Index has risen to 25, a sign that the trend is strengthening. The Relative Strength Index and the Stochastic Oscillator have both reached overbought territory.

Therefore, the coin will likely keep soaring as bulls target the all-time high of $515, which is about 40% above the current level. An alternative scenario is that it drops to retest the support at $200 before resuming the uptrend.

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May 21, 2025 0 comments

NFT Gaming

Bitcoin Blasts to New All-Time High Price Above $109,000

by admin May 21, 2025

In brief

Bitcoin’s reached a previous high of $108,786 in late January, per CoinGecko.
BTC’s price dipped below $75,000 in early April as U.S. President Donald Trump ratcheted up his global trade war.
The largest crypto by market value has benefited from more favorable macroeconomic conditions of late.

Bitcoin soared to a new record price above $109,000 on Wednesday morning, pushed by tailwinds that have sent cryptocurrencies and other risk-on assets higher over the past two months.

The largest crypto by market capitalization was recently trading at $109,378 at crypto exchange Coinbase, up 4.5% over the past 24 hours. According to Coinbase, BTC topped out at $109,500 before cooling. Bitcoin is now up nearly 25% over the last month.

“Bitcoin is pushing toward new highs with strong tailwinds behind it—from steady ETF inflows to a broader shift in political tone,” Joe DiPasquale, CEO of crypto asset manager BitBull Capital, wrote to Decrypt ahead of the milestone. “We’re seeing growing institutional interest and renewed risk appetite across the board.”

He added optimistically: “This doesn’t feel like a short-term squeeze—it’s a more sustained bid that reflects a structural shift in how investors are viewing Bitcoin. It’s moving from a speculative trade to a strategic allocation, increasingly seen as a macro asset with long-term relevance, not just a bet on tech or hype cycles.”

The latest gains come as investors buoyed by U.S. President Donald Trump’s recent retreat from his global trade war and encouraging inflation reports earlier this month have plowed back into risk-on assets. Bitcoin has also benefited as investors have viewed it more as a hedge against macroeconomic uncertainties that have threatened to undermine the value of the U.S. dollar.

Bitcoin roared to its previous record of $108,786 (according to CoinGecko) in early April amid market optimism that newly elected U.S. President Donald Trump’s would fulfill his promises to support the industry. But it plunged below $75,000 as investors grew skittish about his global trade war and other economic policies that many analysts believed would raise prices and slow the global economy.

The trend began to reverse shortly after encouraging readings on inflation and Trump’s partial retreats from tariffs on its most important trading partners. Bitcoin and other coins’ gains have accelerated over the past month, along with major equity indexes.

Ethereum and Solana are showing similar gains to Bitcoin on the day, both up around 4%, while Dogecoin is outpacing Bitcoin with a 6% bump and Cardano is up 5% as well.

Bitcoin’s record-breaking surge this week comes amid rising demand for Bitcoin ETFs, with nearly $1 billion worth of inflows into such funds already this week after two trading days, per data from Farside Investors, while publicly traded firms like Strategy and Metaplanet continue to acquire the leading cryptocurrency for their corporate treasuries.

Editor’s note: This story was updated after publication with additional details.

Edited by Andrew Hayward

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May 21, 2025 0 comments

GameFi Guides

Ethereum (ETH) Price Prediction for May 21

by admin May 21, 2025

The crypto market remains mainly bullish today, according to CoinStats.

ETH chart by CoinStats

ETH/USD

The price of Ethereum (ETH) has gone up by 2.43% over the last day.

Image by TradingView

On the hourly chart, the rate of ETH is closer to the support than to the resistance. If bulls cannot seize the initiative soon, traders may expect a level breakout, followed by a further correction to the $2,500 zone.

Image by TradingView

On the bigger time frame, the price of the main altcoin is in the middle of the wide channel, between the support of $2,317 and the resistance of $2,738.

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As neither bulls nor bears are dominating, there are low chances of seeing sharp moves soon.

Image by TradingView

From the midterm point of view, the rate of ETH has once again bounced off the resistance of $2,608. However, if the weekly bar closes near that mark, traders may witness a blast to the vital zone of $3,000.

Ethereum is trading at $2,571 at press time.

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May 21, 2025 0 comments

Gaming Gear

Dell’s 15.6″ Touchscreen Laptop Is $1,200 Off, You Could Buy Two for Less Than the Original Price of One

by admin May 21, 2025

If you’ve been waiting to upgrade your laptop to something faster, smoother, and more versatile, keep an eye on this amazing deal, as you will not find a better time to invest in a laptop like this. The Dell Inspiron 15.6” Touchscreen Laptop offers an amazing combination of everyday power, responsive touch controls at your fingertips, sharp and vibrant colors, and a clean, premium design. All backed by Dell’s trusted build quality. Whether you’re working, playing games, studying, browsing, or streaming your favorite shows, this laptop can handle it all with ease and can do it in style.

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For a limited time only, Amazon is offering the Dell Inspiron 15.6″ Touchscreen Laptop for just $999.99, down from its original price of $2,199.99. That’s a solid 55% discount on a dependable laptop that delivers a premium feel at a surprisingly affordable price point. You need to act fast.

Experience Instant Responsiveness

Under the hood, this powerful machine is run by the strong, high-end AMD Ryzen 5 5500U processor, paired with 16GB of RAM, which means responsiveness, multitasking, and smooth and snappy overall processing. You’ll also get a fast 1TB SSD, which has plenty of room for files, games, videos, and much more, with speedy load times due to it being solid and quick boot-ups for the operating system. The 15.6-inch Full HD touchscreen adds a level of interactivity that makes everything from casual use to creative work more intuitive and enjoyable. With its sharp and vivid colors, it is great for both students and professionals. For either work, tech enthusiasts, and anyone who just prefers the flexibility of touch input. Also, this laptop features Windows 11 Pro for enhanced productivity and built-in security. Plus, it includes a lifetime Microsoft Office license — no subscriptions required.

You will also be getting a full-size keyboard, integrated webcam, and strong connectivity options alongside it. Including HDMI, USB-A, and USB-C ports, making it easy to connect with other devices to satisfy your needs. Whether you’re docking it for productivity, or taking it on the go in your backpack, the Dell Inspiron 15.6” Touchscreen Laptop has the balance of performance and portability you want from a modern laptop. Plus, Dell’s clean, silver design gives it a professional look that works in any setting.

At just $999.99, the Dell Inspiron 15.6″ Touchscreen Laptop is a strong value compared to its original $2,199.99 price, saving you a whopping 55% on a fast, flexible machine with premium high-end features. If you’ve been waiting for the right moment to upgrade, this is it. Head to Amazon right now and take advantage of this incredible limited-time offer while it’s still live.

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May 21, 2025 0 comments

NFT Gaming

No, Bitcoin Price Is Not Overheated Yet, Bullish Data Emerge On-chain

by admin May 21, 2025

The leading digital currency Bitcoin (BTC) has kept investors speculating since May 8, when it breached the $100,000 level. Many anticipated a bullish rally above its current all-time high (ATH) of $109,114, but this has yet to happen, leading some to believe that Bitcoin is overheated.

NVT golden cross signals market still in safe zone

However, per CryptoQuant insights, a Bitcoin on-chain metric, the Network Value to Transaction (NVT) has not signaled overheating yet.

According to CryptoQuant, Bitcoin NVT Golden Cross has reached 1.51 points, which is still some comfortable points away from the overheated zone of 2.2.

NVT Golden Cross Doesn’t Signal Overheating Yet

“Historically, readings above 2.2 have signaled the beginning of overheated conditions. While we’re not there yet, the rising trend deserves attention.” – By @burak_kesmeci pic.twitter.com/YaClQtHt6F

— CryptoQuant.com (@cryptoquant_com) May 21, 2025

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Notably, the NVT Golden Cross is a valuation tool that compares Bitcoin’s market capitalization to the network’s transaction volume. This comparison aims to show whether the asset is overvalued or undervalued in the short term.

Although it does not have a 100% accuracy rate, a value above 2.2 has historically marked periods when BTC is tagged overheated. Due to speculation, the asset is experiencing a price increase faster than real network usage.

The current value of 1.51 highlighted by CryptoQuant suggests that although the metric is climbing and investors should pay attention, it does not constitute a red flag yet.

However, traders might want to monitor the development closely to avoid being caught unawares while making speculative guesses.

Bitcoin investor appetite on rise

The update appears necessary as Bitcoin has seen a spike in investor interest on the crypto market.

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As reported by U.Today, Bitcoin Open Interest recently hit $74 billion as the price rallied, triggering renewed confidence among traders betting on the futures market.

Meanwhile, institutional interest has also increased, with Bitcoin exchange-traded funds (ETFs) recording impressive inflows. According to data, a total of $329.02 million of inflows were recorded on May 20, 2025, on the Bitcoin ETF market.

According to CoinMarketCap data, the Bitcoin price has increased by 1.59% to $106,654.59 in the last 24 hours.

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May 21, 2025 0 comments

GameFi Guides

Bitcoin Open Interest Hits $74 Billion Amid Price Rally

by admin May 21, 2025

Institutions and macro trends drive activity
Bitcoin rebounds to $106,000 despite intraday dip

The Bitcoin futures market is showing strong signs of activity, with its open interest rising to $74 billion, according to Coinglass data. This jump indicates that an increasing number of traders are positioning themselves for possible price moves in the upward direction.

Their actions are proof of renewed confidence in the leading cryptocurrency. The latest surge to $74 billion, one of the biggest in the past few weeks, indicates strong hedging activity.

Institutions and macro trends drive activity

Among the factors driving this trend is the return of bullish sentiment after recent positive changes in the global macroeconomy, especially expectations of lower interest rates and cooling inflation.

With top financial firms expanding their crypto offerings, growing institutional interest is another factor that could be influencing this trend. Even though higher open interest doesn’t result in a price increase, it shows that more investors are pumping money into the Bitcoin futures markets.

However, a sharp rise in Bitcoin price could trigger massive liquidations and add volatility. Coinglass data also shows a strong relationship between BTC’s price and its open interest.

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While previous price increases earlier this month corresponded to relatively flat or decreasing open interest, the current trend shows that traders are increasingly confident the cryptocurrency’s price will keep rising. Hence, they are not taking profits yet.

As one of the biggest regulated derivatives marketplaces worldwide, the CME Group plays an important role in the cryptocurrency market by offering standard futures and options contracts for Bitcoin.

With these products, institutional and professional traders have the tools they need to hedge risk or speculate on BTC’s price movements, contributing to the broader market’s depth and liquidity.

Bitcoin rebounds to $106,000 despite intraday dip

Current CoinMarketCap data shows that Bitcoin currently trades at $106,616, a rise of 1.11% in the last day. Earlier in the day, the crypto asset’s price dropped to about $104,000 as indicated by the red shaded area. But by midday, it rose back to above $106,000 before reaching its latest price.

Source: CoinMarketCap

Even though BTC’s trading volume is down 17.99% in the past 24 hours, it’s still $54.18 billion. Despite this volume decrease, the crypto asset’s daily volume to market cap ratio of 2.54% shows a relatively healthy liquidity.

The cryptocurrency’s profile score of 100% also suggests strong market sentiment, while the technicals indicate a continued bullish outlook among analysts and traders.

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May 21, 2025 0 comments

Product Reviews

With 5,500 Five-Star Reviews, This 25,000mAh 100W USB-C Power Bank Is Now at Its Lowest Price Ever

by admin May 21, 2025

If you’ve been looking for the most reliable portable charger to charge everything from your phone to your laptop, the INIU 25,000mAh 100W USB-C power bank available on Amazon is the deal you will not want to miss.

Right now, you can get it on sale for just $53 (down from $59) but with an additional 10% coupon, you can lower the price even further to an unbelievable $48.50. This is the cheapest price ever for this model, and if you compare any offer or comparison website, you simply won’t find a better deal anywhere.

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Massive 25,000mAh Capacity

INIU is already a well-known brand in smartphone charging with over 40 million users across the globe relying on it for quality. But this power bank is different: With a colossal 25,000mAh capacity, it’s not just intended for phones and tablets but laptops too. With its huge 100W output, you can charge power-hungry devices like MacBooks, high-end Windows laptops and even gaming handhelds like the Steam Deck at full velocity when you’re away.

What’s great with the INIU 100W power bank is that the dual USB-C output also allows you to charge two USB-C devices simultaneously, be that your phone and laptop, or your tablet and wireless earbuds. The USB-C port’s not just for output, either—it’s also for fast recharging of the power bank itself with a 65W input filling you up in a flash.

This power bank is crafted for travelers: It has a 25,000mAh battery that’s large enough to charge multiple devices all day but remains compact and airplane-approved so you can take it with you in your carry-on on long flights or layovers. If you work remotely or just like to have a backup on a road trip, this charger ensures you will never be low on battery.

This INIU charger is the one-and-done charging powerhouse for anyone who expects rock-solid, high-speed power anywhere. At its record-low cost of $48.50 after coupon on Amazon, there’s just no better deal available today.

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May 21, 2025 0 comments

AI is crypto's redemption, and the next generation's big bet

NFT Gaming

New CoinMarketCap AI tool explains token trends and price predictions

by admin May 20, 2025

CoinMarketCap has unveiled a new tool that uses LLMs to answer top questions on each token tracked on the site.

More and more crypto firms are finding new ways to integrate AI. On Tuesday, May 20, CoinMarketCap launched an AI tool that gives users expanded information about all tokens listed on the platform. The AI agents use CoinMarketCap data to explain price movements, offer price predictions, track social sentiment, provide news, and deliver general information about a given token.

CMC AI is now live on all Coin Detail Pages.

Get instant answers about price movements, token fundamentals, and sentiment with a single click.

No more navigating multiple sources to understand what’s happening with your assets. pic.twitter.com/78K6q9l2eC

— CoinMarketCap (@CoinMarketCap) May 20, 2025

“In this first phase of CMC AI, we’re focusing on delivering insights where users need them most—directly on token pages,” said David Salamon, Chief Product Officer at CoinMarketCap. “Our AI is purpose-built for crypto, trained on our extensive market data, and designed to surface insights when users need clarity about specific cryptocurrencies.”

Salamon clarified that the goal is to enable users to get all the information they need on just one site. This helps users find the info they need more easily, without having to gather data from multiple sources.

How CoinMarketCap’s AI works

In a press release shared with crypto.news, CoinMarketCap explained how the new model functions. The tool interfaces with a large language model, such as OpenAI’s o3 reasoning model, providing it with a prompt that includes the latest price data.

Once the results are generated, all users who click on one of the questions will see the same output. The responses are not generated in real time but are updated periodically. For major tokens, the AI updates answers every 30 minutes. For smaller tokens, updates are triggered if the price moves more than 2% within one hour.

This model enables users to get instant answers without waiting for AI models to generate responses in real time. It also helps reduce API call costs for CoinMarketCap. Still, it’s important to note that LLMs do not always provide accurate responses and can be prone to hallucinations.

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May 20, 2025 0 comments

Crypto Trends

Bitcoin ready to ‘vaporize’ shorts once price discovery above $110K begins

by admin May 20, 2025

Key takeaways:

An end-of-month Bitcoin price close above $102,400 would set the highest monthly close ever, proving the bull market continues at a rapid pace.
Over $3 billion in Bitcoin short positions are vulnerable above $107,000, creating a “liquidation magnet” that could send BTC price to new highs.

Bitcoin (BTC) is 11 days from potentially setting its highest monthly candle close in history. After achieving a record weekly close of $106,407 on May 18, BTC could secure a new monthly high by closing above $102,400 this month.

Bitcoin 1-month chart. Source: Cointelegraph/TradingView

With respect to its current market trend, Bitcoin is inches away from a ‘price discovery’ period, as noted by crypto trader Jelle.

Price discovery in this context refers to the process where buyers and sellers interact at an undefined or non-traded range to determine the market price of an asset.

A break above Bitcoin’s all-time high of $110,000 would initiate a price discovery phase, driving BTC into an uncharted trading range with successive higher highs until market participants establish a new equilibrium between supply and demand.

Cointelegraph reported that Bitcoin is close to confirming a “golden cross” on its daily chart, which has historically preceded 45% to 60% price rallies. Such a move coincides with the probability of BTC hitting new highs this month.

A monthly close near $110,000 would mark a 15% to 17% gain for Bitcoin in May, its strongest May performance since 2019. This would significantly surpass the historical average monthly return of 8% for the month.

Bitcoin historical monthly returns. Source: CoinGlass

Related: Bitcoin is signaling a golden cross — What does it mean for BTC price?

Bitcoin would vaporize ‘shorts’ above $107,000

Bitcoin researcher Axel Adler Jr. has noted a key technical pattern in Bitcoin’s current bull cycle, pointing to three recent instances of “compression”—a period of tightening price ranges—measured by rolling maximum/minimum over 180 days.

The chart indicates that this compression often signals an impending breakout, with historical precedent set by the 2017 rally when Bitcoin surged to $20,000 from $1,000.

Bitcoin 180-day price high and low analysis. Source: X.com

Using Bollinger Bands alongside the price range suggests that volatility is building within the current cycle. The third compression phase in 2025 mirrors the 2017 cycle, where the Bitcoin halving events and supply shocks fueled retail FOMO, driving major price rallies.

From the vantage point of Bitcoin liquidation, over $3 billion in short leveraged positions are at risk of being liquidated if BTC price moves to $110,000 from $105,000. In contrast, it would take a drop to $94,612 to trigger a similar amount in long liquidations. This skew suggests a higher probability of the price pushing upward to chase liquidity on the sell-side rather than dropping lower.

Technical analyst Gert van Lagen noted a similar outlook, stating,

“A liquidation magnet is glowing above $107K, ready to vaporize billions in shorts. First, BTC soared on fear. Next, it’ll rise on liquidations.”Bitcoin liquidity levels. Source: X.com

Related: Bitcoin trading in six-figure territory shows BTC is ready to carry gold’s ‘baton’ — Fidelity exec

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

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May 20, 2025 0 comments