Tag: Bullish

ARK Invest Buys BitMine and Bullish Stock Across Flagship ETFs

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Cathie Wood’s ARK Invest has continued its crypto stock shopping spree, adding more shares of BitMine Immersion Technologies and crypto exchange Bullish across its flagship ETFs. According to trade disclosures from Friday, ARK’s Innovation ETF (ARKK), Next Generation Internet ETF (ARKW), and Fintech Innovation ETF (ARKF) collectively bought over 387,000 shares of BitMine and 144,000 shares of Bullish. Based on recent market prices, the purchases amount to roughly $16 million in BitMine and $7.5 million in Bullish stock. The biggest BitMine buy came from ARKK with 257,108 shares, followed by…

Ethereum Outflows Drive Binance Supply Ratio Under 0.037, Signaling Bullish Setup

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After hitting its latest all-time high of $4,956 on August 23 on Binance, Ethereum (ETH) has been trading in a tight range – oscillating between $4,200 to $4,500 – giving little clues about its next potential direction. However, recent exchange data suggest that a supply crunch may be nearing for ETH. Ethereum Price Stable Amid Exchange Supply Decline According to a CryptoQuant Quicktake post by contributor Arab Chain, during the period between August 16 to September 3, Ethereum’s Binance Exchange Supply Ratio (ESR) saw a sharp decline. Related Reading Although…

Cardano Sentiment Crashes To 5-Month Low: Why This Is Bullish

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Cardano’s mood music has flipped. Even as ADA has rebounded about five percent from its late-August lows, on-chain analytics firm Santiment says the asset’s typically optimistic retail crowd has swung to its most negative stance in…

Major Update: Bitcoin Surges On Dovish Powell, Here Is The Technical Analysis

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Chief Market Strategist Gareth Soloway analyzes the chart on Bitcoin (BTC) while discussing the comments Jerome Powell made in his speech from Jackson Hole. Gareth gives his key levels to trade and his forecast with a more dovish Federal Reserve. Get the latest updates, technical analysis and insights from Gareth. === #Bitcoin #BTC #Crypto #Altcoins #CryptoAnalysis #BTCPrice #GarethSoloway ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

Shiba Inu Flashes Rare Bullish Reversal — Is A 570% Move To $0.000081 Possible?

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Shiba Inu (SHIB) is showing signs of a powerful comeback as fresh bullish signals emerge on the charts. A rare divergence pattern is fueling speculation of a massive reversal, with analysts eyeing a potential rally that could stretch as high as $0.000081. But can SHIB really sustain the momentum for such an explosive rally? Bullish Divergence Sparks Hopes Of A Reversal In a recent update shared on X, Javon Marks revealed that Shiba Inu has confirmed a bullish pattern through a regular bullish divergence on the MACD histogram. This technical…

Shiba Inu Price Eyes 163% Upside in Major Bullish Reversal

Key Notes Shiba Inu price could initially climb over 163% toward $0.00003, with a longer-term rally potentially reaching 570% to $0.000081 if momentum holds. SHIB futures trading volume also increased by 56% to over $200 million, indicating bullish momentum among derivatives traders. Shiba Inu’s marketing lead announced plans for outreach in Korea, Japan, and China. The world’s second-largest meme coin Shiba Inu SHIB $0.000012 24h volatility: 2.2% Market cap: $7.24 B Vol. 24h: $231.52 M has been a strong underperformer in the overall altcoin space. However, market analysts continue to…

Bitcoin Sentiment On Binance Turns Bullish

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Over the past two weeks, Bitcoin (BTC) has dropped more than 7%, falling from around $117,400 on August 21 to a low of $108,666 earlier today. Despite the bearish slide, some encouraging exchange data suggests improving sentiment. However, analysts warn this could once again be a setup for institutions to trap retail buyers. Bitcoin Sentiment Improves, But Maintain Caution According to a CryptoQuant Quicktake post by contributor BorisD, the Binance vs. Other Exchanges BTC Volume Delta turned positive on August 25, registering $676 million. This indicates that Binance users have…

Chainlink Eyes Fresh Upside As Oversold Bounce Sets Stage For Bullish Continuation

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Sharing his daily technical outlook, CryptoWzrd noted in a recent post that Chainlink (LINK) ended the session bullish, hinting at the possibility of further upside. With LINKBTC rebounding from an extreme oversold zone, LINK could be gearing up for its next move upwards. Bullish Daily Close For Chainlink And LINKBTC CryptoWzrd, expanding on his latest analysis, explained that both Chainlink and LINKBTC closed the day with bullish daily candles, a sign that momentum could be building in favor of buyers. This positive structure on higher time frames indicates that sentiment…

Cardano Price to $0.95? Altcoin Rally Driving Bullish Momentum

Key Notes Cardano trades between $0.92 and $0.95, with strong support set around the $0.85 mark. A close above $0.95 may open the path to $1.00 and $1.05. Traders eye volume and momentum shift as key signals to watch ahead of the breakout. The projection that Cardano (ADA) price will hit $0.95 is getting attention as the coin moves closer to a key level. Traders are watching closely to see if it can break through this key resistance. The digital asset has stayed consistent in recent days and is showing…

Bitcoin Price In A Trend Shift? Here’s Why $118K Might Be Vital For A Bullish Return

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…