U.Today – Top Crypto News Stories

Bizarre XRP Price Candle: What's Happening?

The XRP/USDT chart shows a recent spinning top candle, indicating market indecision. XRP broke resistance levels, reaching close to $0.72, but may face a pullback if it drops below $0.60. For upward momentum, XRP must surpass $0.72 and hold above $0.60 to prevent larger retracements. Currently, XRP is trading at $0.86, up 21.08% in 24 hours.

Pepe Inching Closer to Flipping Shiba Inu

The PEPE meme coin has surpassed a $10 billion market cap and reached a price of $0.00002457, reflecting an 86% rise in 24 hours. The surge follows Coinbase's listing and Robinhood's availability. Pepe is nearing Shiba Inu's $14.2 billion market cap, which is currently at $9.1 billion. Dogecoin is performing well with a market cap of $54.6 billion.

BlackRock Discloses New Position in IBIT

BlackRock acquired 2,535,357 shares of the iShares Bitcoin Trust ETF (IBIT) valued at $91.6 million, with $230 million inflows on Wednesday. IBIT's daily trading volume reached $5 billion, and it is nearing $30 billion in cumulative inflows, with total assets at $42.56 billion. BlackRock is also interested in its Ethereum ETF, which attracted $35.63 million in inflows, lower than IBIT's figures.

Originally published on U.Today