Tag: High

Missed Dogecoin’s Recent High? Flockerz ICO Hits $2.3M, Analyst Predicts it Will 10x

Dogecoin has recently become one of the market’s top performers. But for those who missed out on DOGE’s rally, a new meme coin called Flockerz (FLOCK) is starting to gain attention. With over $2.3 million raised in its ICO, one analyst even believes FLOCK could 10x after it hits exchanges. DOGE Price Soars – But […] Source BitcoincryptoexchangeExchanges CryptoX Portal

XRP On Fire: Over 90% Weekly Growth Catapults Altcoin To Fresh 2-Year High

boss

XRP peaked to $1.26, marking a new two-year-high for the coin. The uplift in the value of XRP has happened at a time when the rest of the cryptocurrency market anticipates some regulatory overhauls in the US, and more so after the results of the US elections. With over 90% gains within seven days, XRP’s price rally has brought back the excitement of investors towards the Ripple token. Last Friday, the cryptocurrency closed at $1.05, a whopping 116% monthly increase. For comparison, XRP was barely moving at $0.50 a week…

Bitcoin Price Near a Record High Might Be Just Half the Journey as BCA Research Signals BTC at $200K

boss

“Despite bitcoin’s election-fueled rally, its 260-day complexity is not yet close to the 1.2 level that would signal the start of another crypto winter,” the BCA Research team led by Chief Strategist Dhaval Joshi said in a Nov. 14 note to clients. “Hence, while we should expect a near-term retracement, bitcoin’s structural uptrend is intact with an ultimate destination of $200,000+.” Original

JPMorgan’s Bitcoin (BTC) Retail Sentiment Score Hits Record High, MSTR’s Call Skew Soars

As BTC rose past the $93,000 mark last week and inflows into the U.S.-listed spot ETFs and crypto stocks surged, JPMorgan’s retail sentiment score rose to a record high of 4. The measure is designed to gauge the sentiment of retail investors toward cryptocurrencies, especially bitcoin, based on the activity in the family of BTC products, including spot ETFs. Source CryptoX Portal

Kaixin plans crypto mining expansion amid Bitcoin’s new all-time high

boss

Chinese electric vehicle manufacturer Kaixin is looking for a strategic shift with plans to acquire a controlling stake in a Middle Eastern cryptocurrency mining operation. The announcement depicts a major jump and diversification from its traditional automotive business. Kaixin in advanced stages of acquisition According to Kaixin’s press release, the Beijing-based company is in advanced stages of evaluating the potential acquisition. The target operation features cost-efficient Bitcoin mining machines and provides comprehensive cloud hosting services to meet growing industry demand. Kaixing stated that the facility’s key advantage lies in its…

Bitcoin Trader Unrealized Profit Margins At High Levels – Risk Of Correction?

boss

Este artículo también está disponible en español. Bitcoin set a new all-time high yesterday, reaching $93,483, continuing its impressive rally without significant setbacks. Over the past nine days, the crypto leader has surged with minimal dips, not falling more than 5% during this bullish phase. This relentless price action has drawn widespread attention as Bitcoin defies expectations and resists any notable pullback. Related Reading Key data from CryptoQuant reveals that traders’ unrealized profit margins are climbing, indicating that the market may be nearing a short-term peak. High unrealized profit levels…

Bitcoin (BTC) Traders Make $100K Price Bets Through CME Options as Price Hits Record High: CF Benchmarks

According to CF Benchmarks, traders are flocking to the $100,000 call option on the CME, a location favored by institutional investors, following the lead of their Deribit-based counterparts. A call option gives the purchaser the right, but not the obligation, to purchase the underlying asset at a predetermined price on or before a specific date. A call buyer is implicitly bullish on the market. Source CryptoX Portal

Bitcoin ETFs see record trading volume amid BTC all-time high

boss

Spot Bitcoin exchange-traded funds in the United States continued their positive inflow streak for the sixth consecutive day, recording net inflows of $510.11 million on Nov. 13 as Bitcoin surpassed $93,000 for the first time. According to data from SoSoValue, the 12 spot Bitcoin ETFs logged net inflows of $4.73 billion over the six straight days of trading ending on Nov. 13. BlackRock’s IBIT led the group for the fifth consecutive day on Thursday with inflows of $230.81 million. Notably, IBIT has seen over $29.15 billion in net inflows since…

Dogecoin (DOGE) Momentum Seems Unstoppable: How High Can It Go?

Dogecoin started a fresh surge above the $0.320 resistance against the US Dollar. DOGE is holding gains and eyeing more upsides above $0.4180. DOGE price started a fresh rally like Bitcoin and climbed above the $0.350 resistance level. The price is trading above the $0.3650 level and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $0.3870 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to rally if it clears the $0.400 and $0.4150 resistance…