DOGE’s price has surged 78% since Trump’s election win a week ago. Source
Dogecoin Craze Grips Korea, Fuels Price Premium on Local Giants Upbit and Bithumb
Day: November 13, 2024
BlackRock’s IBIT maintains strong inflows of $778.2m despite Bitcoin price correction
BlackRock’s IBIT fund continued to see strong inflows for the fourth consecutive day, with $778.2 million flowing into the fund on Nov. 12, while other ETFs experienced a slowdown as Bitcoin dipped below $86,000. According to data compiled by SoSoValue, the 12 spot Bitcoin ETFs recorded net inflows of $817.54 million on Tuesday, extending their inflow streak to five consecutive days and bringing the total accumulated inflows to over $4.2 billion. The surge in investment appears to be largely fueled by a wave of market optimism following Donald Trump’s re-election…
Trump Confirms Musk to Lead D.O.G.E as Traders Target $1
“Together, these two wonderful Americans will pave the way for my administration to dismantle government bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure federal agencies — essential to the ‘save America’ movement,” Trump said in the announcement posted on his Truth Social account. Source
Market ‘Pricing In A Higher Fair Value’ After 30% Surge
Este artículo también está disponible en español. Bitcoin (BTC) has performed remarkably over the past week, surging 30% since the November 5 US election. The flagship crypto surpassed its March all-time high (ATH), recording a new high nearly every day for the last seven days. Bitfinex analysts noted that the market remains “relatively stable” despite increased speculative activity. Related Reading Bitcoin ‘Fair Value’ Priced In At Higher Levels Following Donald Trump’s victory last Tuesday, the crypto market has seen a massive rally, surging to a market capitalization of $3.05 trillion.…
XRP price rare pattern points to Ripple hitting $1
XRP continued its strong bullish momentum, reaching a high of $0.6985, its highest level since March 14. Ripple (XRP) rallied for four consecutive days amid widespread optimism in the crypto industry. At its peak, the token was up over 80% from its lowest level this year. The surge coincided with a broad cryptocurrency rally, pushing the total market cap of all coins past $3 trillion for the first time since 2021. Bitcoin (BTC) approached $90,000, with analysts predicting it could hit $100,000 soon. Ripple’s rally is largely attributed to Donald…
Solana (SOL) Needs to Hold $200 for Next Rally: Will It Succeed?
Solana started a fresh increase above the $200 support zone. SOL price is correcting gains and must stay above $200 for a fresh increase. SOL price started a fresh increase after it settled above the $188 level against the US Dollar. The price is now trading below $212 and the 100-hourly simple moving average. There was a break below a key bullish trend line with support at $210 on the hourly chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh increase if the bulls…
Ethereum Pioneer’s New ‘Time Machine’ Makes Transactions Conditional on Future Events
“For example, a user could stipulate that a trade execute at a specified day and time conditional on a set of prerequisites,” the STXN team wrote in a press release shared with CoinDesk. “These prerequisites could be absolute, such as the dollar value of a particular asset, or relative – for instance, whether one asset is worth more than another. The potential permutations are almost unlimited, greatly increasing the dynamism of the largest blockchain for developers.” Source
Dogecoin Could Target $2.4 If Price Aligns With Macro Pattern – Details
Este artículo también está disponible en español. Dogecoin has skyrocketed over 200% in less than three weeks, riding the wave of Bitcoin’s recent record-breaking rally. As BTC surged to new all-time highs, the momentum carried over to altcoins, with Dogecoin leading the pack in aggressive gains. This historic price surge has captured the attention of traders and analysts alike, sparking excitement for DOGE’s future potential in this bullish market phase. Renowned crypto analyst and investor Ali Martinez recently shared a technical analysis highlighting Dogecoin’s upward trajectory, setting bold targets that…
Coinbase Launches Regulated Crypto Benchmark — Who Can Invest?
Coinbase’s new cryptocurrency index introduces a regulated crypto benchmark, offering investors broad exposure and setting a new standard for transparency in the digital asset market. A New Crypto Benchmark Emerges — Coinbase’s Bold Move with COIN50 Index Coinbase (Nasdaq: COIN) has launched the Coinbase 50 Index (COIN50), which the crypto exchange described as “a regulated […] Source CryptoX Portal
XRP Price Gains Speed: Could The Surge Reach $0.80?
XRP price is up over 10% and moving higher above the $0.620 support zone. The price tested the $0.740 zone and is currently correcting gains. XRP price started a decent increase above the $0.620 resistance. The price is now trading above $0.6250 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $0.6180 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above the $0.6200 support zone. XRP Price Eyes More…