Tag: Bullish

Investors bullish crypto and tech stocks, BofA says

Investors poured billions into tech stocks and doubled their crypto investments on expectations of Fed rate cuts and economic resilience. A research report conducted by the Bank of America Global Research team indicates that investors have been actively buying tech stocks and crypto. According to a Reuters report, an influx of $4.7 billion into tech stocks, which encompass major players like Apple and Nvidia, marks the highest recorded inflow since August 2023. Simultaneously, investments in crypto also witnessed an influx of capital, with inflows doubling from $1.2 billion to $2.4…

Bitcoin Cash and Bitcoin bullish; NuggetRush set for gains

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Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. Bitcoin Cash and Bitcoin are bullish. Presently, BTC is trading above $62,000. The NuggetRush presale has already distributed 203 million NUGX. Bitcoin Cash approaching $300 Bitcoin Cash is trading at around $290, up from around $234.25 recorded on Jan. 31. BCH climbed by 6.8% to $250.30 on Feb. 9 before an 18.5% climb to $296.79 on Feb.…

Analyst Forecast Bullish Movement Ahead

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XRP witnessed an uptick this week moving closer to its 2024 high, but several trends have been cited by crypto analysts that could drive the token even higher in the coming months. XRP Poised For A Positive Upward Trajectory Crypto Egrag, a well-known cryptocurrency expert and trader, has shared his latest insights on the price action of XRP with the community on the social media platform X (formerly Twitter). His analysis came in light of the general correction witnessed in the crypto market a few days back. Egrag’s latest predictions delve…

Study: Institutions More Bullish on Ethereum in H2 of 2023 — BTC and ETH Holdings Surge to 80%

Between July 2023 and January 2024, the concentration of bitcoin and ethereum in institutional digital asset portfolios increased from 50% to 80%, the latest Bybit user asset allocation report has shown. During this period, institutions appeared to be more bullish on ethereum than bitcoin, a sentiment that contrasted with that of retail investors. Stablecoins and […] Source CryptoX Portal

Stellar and Bitcoin bullish, KangaMoon gains 50%

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Bitcoin (BTC) is surging and closing in on its all-time high, lifting other altcoins in the process. In contrast to recent developments in its network, Stellar has faced notable declines in the past week and is steady above $0.120. Meanwhile, KangaMoon (KANG), an emerging meme coin, is up 50% in stage 2 two of its presale. Stellar reach $0.15 by end of March? XLM has been trading within a…

Ethereum Price Prepares To Go On Another Bullish Spree, Key Support Intact

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Ethereum price climbed to a new multi-month high above $3,400. ETH is consolidating like Bitcoin and seems to be setting up for another bullish spree. Ethereum extended its increase above the $3,400 resistance zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct lower, but dips might be limited below the $3,250 support zone. Ethereum Price Extends Rally Ethereum price remained…

Bullish Whales Target $70k Rally

As Bitcoin’s price grazed the $64,000 milestone on Feb. 28, market indicators indicate an imminent rally to new all-time highs above $70,000.  Bitcoin (BTC) grabbed headlines again on Feb. 28, as prices surged to a daily timeframe peak of $64,000, its highest in 830 days. With whale investment metrics still flashing green signals, a new all-time high could be on the cards for the pioneer cryptocurrency.  Bitcoin whales in firm control: Holding 60% of the total supply  The Bitcoin ETF approval was undoubtedly a real watershed moment for the crypto…

Whales Withdraw $64 Million ETH From Exchanges, Bullish Signal?

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According to data from Lookonchain, an on-chain analytics platform, Ethereum (ETH), whales have withdrawn roughly $64.2 million worth of ETH from major exchanges. This significant movement of funds coincides with a notable uptick in the price of ETH, indicating an increasing interest in the asset. Ethereum Whales Movement Signals Confidence According to Lookonchain’s findings, much of the ETH supply has been shifted from exchange wallets to custodial wallets. The on-chain analytics platform reported that an Ethereum address labeled 0x8B94 had withdrawn an amount of 14,632 ETH, valued at approximately $45.5…