Tag: High

BNB Token Less Than 10% From Record High

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Thailand approves first spot BTC ETF for ultra high net-worth individuals

The Thailand Securities and Exchange Commission (SEC) approved the first spot Bitcoin (BTC) exchange-traded fund (ETF) in the country, making it available only to ultra high net-worth individuals. According to the Thailand-based daily newspaper Bangkok Post, the country’s SEC gave the green light to the local asset management company, One Asset Management (ONEAM), to launch its spot BTC ETF. The investment product is called the “ONE Bitcoin ETF Fund of Funds Unhedged and not for Retail Investors (ONE-BTCETFOF-UI).” However, the report says that the ETF will not be available for…

Kaspa (KAS) surges 20%, eyeing all-time high

KAS, the native token of the proof-of-work cryptocurrency Kaspa, has soared 20% as its price nears a potential all-time high. At the time of writing, Kaspa (KAS) has experienced a 200% increase in trading volume and an 18% increase in price during the previous 24 hours. The cryptocurrency asset has risen 25% in the previous seven days and 61% in the last 30 days, indicating an optimistic prognosis for the altcoin this month. KAS 24-hour price chart | Source: CoinMarketCap According to CoinMarketCap, the token now ranks 26th in the…

Altcoin Soars Over 400%, Blazes New All-Time High

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The cryptocurrency sector is witnessing a new gold rush, and this time, it’s happening on a messaging app. Notcoin (NOT), a Telegram-based token, has exploded in value over the past week, surging 400% and reaching its all-time high of $0.027. This astronomical rise has left analysts scrambling to understand the driving force behind this social media-fueled frenzy. Related Reading From Humble Beginnings To Meteoric Rise Notcoin’s journey began modestly as an in-game currency for a Telegram clicker game launched in late 2023. Players could earn NOT tokens by tapping a…

UBS Raises Gold Price Targets, TRUMP Coin Hits All-Time High, and More — Week in Review

UBS has raised its gold price forecast from rising central bank demand and geopolitical tensions. Meanwhile, the meme coin TRUMP surged over 30% in 24 hours after former President Trump’s appearance at the Libertarian National Convention, marking a 98,352.40% increase over the last year. President Biden faces a deadline to veto or sign a resolution […] Source CryptoX Portal

SHIB Shows Unusually High Strength Against Dogecoin

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Crypto analyst Cold Blooded Shiller has provided insight into the Shiba Inu (SHIB) future trajectory in relation to Dogecoin. The analyst suggested that the second-largest meme coin by market cap could be coming for Dogecoin’s position soon enough, given its recent bullish strength.  Shiba Inu Is Poised To Rip Through The Charts Cold Blooded Shiller mentioned in an X (formerly Twitter) post that he believes Shiba Inu will soon “send,” meaning that the meme coin will soon experience a parabolic move to the upside. He noted that Shiba Inu’s performance…

TRUMP Coin Reaches All-Time High as Trump-Themed Cryptos See Major Gains

The presidential meme coin fervor persists, with the token maga (TRUMP) hitting an all-time high of $15.45 on Wednesday. This surge elevated the value of Donald Trump’s TRUMP coins to $8.06 million on May 29. Additionally, various Trump-related crypto assets are emerging from the woodwork, including one leveraging Bitcoin’s Runes protocol for minting. Trump-Themed Meme […] Source CryptoX Portal

How High Can Bitcoin Go Before A Top? Analyst Chimes In

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An analyst has explained how the Bitcoin rally could still have room to run before hitting a top based on the data of this indicator. Bitcoin Macro Oscillator Isn’t At Historical Top Zone Yet In a new post on X, analyst Willy Woo has discussed the recent trend developing in the Bitcoin Macro Oscillator (BMO). This indicator combines four different metrics to provide an oscillating value around the zero mark. The indicators in question are the market Value to Realized Value (MVRV) ratio, Volume-Weighted Average Price (VWAP) ratio, Cumulative Value-Days…

Ethereum Deposits At 4-Month High: Whales Preparing For Selloff?

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On-chain data shows that the Ethereum exchange netflow recently spiked significantly, a sign that could be bearish for the cryptocurrency’s price. Ethereum Exchange Netflow Registered A Large Positive Spike Recently In a new post on X, the market intelligence platform IntoTheBlock has discussed about the latest trend that has been occurring in the exchange netflow metric for Ethereum. The “exchange netflow” here refers to an on-chain indicator that tracks the net amount of any given cryptocurrency entering into or exiting the wallets associated with centralized exchanges. Related Reading When this…