Tag: 118K

Stellar XLM Price Surges 25% as Bitcoin Hits New All-Time High Above $118K

Key Notes Franklin Templeton’s tokenization of over $445 million in US Treasuries reinforces Stellar’s real-world asset credentials. The upcoming Protocol 23 upgrade scheduled for August 14 will introduce smart contract functionality and scaling improvements. Technical analysis suggests XLM could target $0.45-$0.50 if it maintains support above $0.37 in coming sessions. Stellar XLM $0.30 24h volatility: 4.6% Market cap: $9.40 B Vol. 24h: $624.79 M price surged 25% on Friday, July 11, reclaiming the $0.40 zone for the first time since Q1. The move comes as Bitcoin BTC $115 951 24h…

Altseason Starts As Bitcoin Soars Above $118K

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Key points: Bitcoin remains strong as long as it stays above $110,530. Bitcoin breaking to new all-time highs has attracted buying in select altcoins such as ETH, HYPE, UNI and SEI. Bitcoin (BTC) has been on a roll, rising above $118,800 on Friday, indicating sustained buying by the bulls and short covering by the bears. CoinGlass data shows that roughly $570 million in BTC short positions were liquidated on Thursday. Another positive is that the US spot Bitcoin exchange-traded funds witnessed the second-largest daily inflows of $1.17 billion on Thursday,…

Bitcoin Hits $118K: Critics Warn, Bulls Reload

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Longtime Bitcoin critic and gold advocate Peter Schiff said the latest BTC rally may be a selling opportunity for investors to buy silver instead. “With Bitcoin hitting new highs today (in dollars), it’s a great time to sell some and buy silver ahead of silver’s next big leg up,” Schiff said in a Thursday X post as Bitcoin (BTC) put on its moon boots again and set new highs above $112,000. He claimed that silver has more upside potential than Bitcoin and added that while BTC “can easily crash, silver’s…

Bitcoin Rally to $118K Wipes out Over $1 Billion in Short Bets

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Bitcoin’s recent surge resulted in significant liquidations, with more than $1.09 billion in short contracts wiped out within a 24-hour period. Bitcoin Rally Triggers Liquidations Bitcoin’s rally to a new all-time high of over $118,000 triggered a massive wave of liquidations, wiping out more than $1.11 billion in short contracts in a single 24-hour period […] Original