Tag: Bullish

Bitcoin rises above $120,000 ahead of key inflation data: CNBC Crypto World

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io On today’s episode of CNBC Crypto World, bitcoin retakes the $120,000 level after an overnight rally, while ether jumps above $4,000 for the first time since December 2024. Plus, Chainlink partners with NYSE parent company Intercontinental Exchange to bring foreign exchange and precious metal pricing data onto the blockchain. And, Stephen Pair, co-founder and CEO of BitPay, discusses the trend of companies looking to accept crypto payments. Chapters: 0:00 – Introduction 0:23 – Bitcoin rises 1:13 – The headlines 4:11 – BitPay’s…

Cathie Wood’s Ark Invest Buys $172M in Bullish Shares

Key Notes Ark Invest brought over 2.5 million shares of the Bullish IPO. Bullish stock rallied 84% on the day of its launch. Ark’s three leading ETFs see mixed reactions from the investors. Bullish, a Cayman Islands-based cryptocurrency exchange, launched its stock, BLSH, in an initial public offering on Aug. 13. The IPO gained strong attention from investors, including Ark Invest, an investment management firm led by Cathie Wood. According to an X post by Ark Invest Daily, Wood’s company bought over 2.53 million shares of BLSH stock. While the…

Cardano’s ADA May See ‘100-150% Massive Bullish Rally’ in Coming Weeks, Analyst Says

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Key takeaways: ADA price confirms bull flag breakout, eyeing 100%–150% upside. Long-term holders have been holding a record 15 billion ADA for over a year. Cardano’s (ADA) shows signs of breaking out from months of consolidation, with some analysts expecting prices to at least double in the weeks ahead. ADA price enters bull flag breakout stage Cardano’s latest price action has confirmed a bullish breakout from a multimonth bull flag pattern on the three-day chart, according to analysis by Clifton Fx. The breakout follows a steady climb from the lower…

ARK Invest Buys $172M in Bullish Shares on IPO Debut

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Cathie Wood’s ARK Invest bought 2.53 million shares of crypto exchange Bullish across three of its exchange-traded funds (ETFs) on Wednesday, in the company’s successful IPO. According to trade notifications, the ARK Innovation ETF (ARKK) picked up 1,714,522 shares, the ARK Next Generation Internet ETF (ARKW) added 545,416 shares and the ARK Fintech Innovation ETF (ARKF) bought 272,755 shares. At Bullish’s $68 closing price, the combined purchases were worth about $172 million. Bullish’s stock ended its first trading session up 83.8% from its IPO price of $37, closing with a…

Crypto Exchange Bullish Valued at $13.2 Billion After NYSE Debut, Outperforms eToro

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Cryptocurrency exchange Bullish made a stunning Wall Street debut yesterday (Wednesday), with shares more than doubling to give the company a nearly $13.2 billion valuation and mint two new crypto billionaires in the process. The company’s stock opened at $90 and climbed as high as $118 before settling at $68 – an 84% gain from its $37 IPO price. The debut marked one of the year’s most successful public offerings and signals growing mainstream acceptance of digital assets. Bullish raised $1.1 billion in the offering after pricing shares above its…

Peter Thiel-Backed Bullish Shares Surge Over 200% on NYSE Public Debut

Key Notes Investor demand drove Bullish’s IPO price up twice before its NYSE listing, nearly tripling its initial range. Bullish’s first-day surge follows a wave of successful crypto and fintech IPOs in 2025. Institutions like BlackRock and ARK signaled primary interest, strengthening Bullish’s sector position. Shares of Bullish, the cryptocurrency exchange backed by Peter Thiel, made an explosive debut on the New York Stock Exchange, opening at $90, a leap of over 200% from its initial public offering price of $37. This surge instantly placed Bullish’s market capitalization above $16…

Bullish Stock Soars in NYSE Debut, Drawing Institutional Bids

Cryptocurrency exchange operator and media company Bullish made an enormous public debut on the New York Stock Exchange, with shares surging as much as 218% — a clear sign of heightened institutional appetite for crypto-related assets. After weeks of speculation, Bullish went public on Wednesday at an IPO price of $37, above its earlier target range of $32 to $33 per share. The stock, trading under the ticker symbol BLSH, soared to an intraday high of $118.00, marking a 218% gain from its IPO price, on trading volume of roughly…

Bitcoin Futures Power Index Hits Neutral Zone After Months Of Bullish Readings – Details

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Bitcoin is once again challenging the $120,000 resistance level after a stretch of massive volatility for BTC and strong performance from altcoins. While the flagship cryptocurrency has yet to decisively break above its current range resistance, Ethereum has been leading the broader market with an impressive uptrend since April, gaining over 230% and drawing strong institutional interest. Related Reading The battle at $120K comes amid shifting sentiment in the derivatives market. Data from CryptoQuant shows that in August, the Bitcoin Futures Power index dropped to the zero mark, ending a…