Tag: High

ORDI Shatters Records With New All-Time High In Bullish Surge

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BRC-20 tokens, commonly known as Ordinals, are experiencing major upward momentum as Bitcoin breaks past the $39,000 level. ORDI, the biggest of the BRC-20 tokens, is pulled up by BTC’s rally. According to CoinGecko, ORDI is up nearly 36% since yesterday, and currently trading at $32.42, it’s new all-time high.  This recent price action places ORDI under the limelight, putting enormous pressure on the bears while giving big gains for the bulls.  $39K Barrier Broken: What’s Next?  The market is encountering a slight rally with Bitcoin gaining momentum on the…

BTC price nears $40K as as Bitcoin trader eyes return to all-time high

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Bitcoin (BTC) held closer to the $40,000 mark on Dec. 3 after weekend gains reinforced a “strong” uptrend. BTC/USD 1-hour chart. Source: TradingView Bitcoin leaves $60 million in shorts hanging Data from Cointelegraph Markets Pro and TradingView tracked a fresh BTC price surge, which took BTC/USD to new 2023 highs of $39,730. These built on upward momentum, which had entered days prior, as Bitcoin hit $39,000 for the first time since mid-2022. With derivatives leading into the end of the Wall Street trading week, commentators had argued that spot buyers…

Ethereum Price Sets New 2023 High, Sets Sights On $3,000

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Ethereum price action is pushing higher over the weekend, setting a new 2023 high. The move is also a significant sign that an uptrend is forming. Could $3,000 be the next stop for Ether? Ethereum Sets New 2023 High, Uptrend In Progress ETHUSD has struggled to catch up to Bitcoin’s unstoppable dominance throughout most of 2023, but that could soon change. That’s because Ethereum is finally joining in on the bullish price action across crypto, making a new 2023 high. The move is also a local higher high. A series…

Dow Futures Slightly Up after closing at New 2023 High, Treasury Yields Remain Flat

Stock futures are mixed after the Dow Jones Industrial Average closed its best month in more than a year. On Friday, December 1, US Treasury yields remained without serious changes as investors were looking forward to hearing comments from Federal Reserve Chairman Jerome Powell that are expected to be voiced later today. The behavior of stock futures this morning is mixed.  Yesterday Dow Jones closed at a level that indicates a new high this year. As a result, November turned out to be the best month for Dow in more…

Digital Canadian dollar fails to impress despite high awareness

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A recent public consultation on Canada’s central bank digital currency (CBDC) initiative revealed an overall negative sentiment from Canadians, confirming the Bank of Canada’s concerns around its country-wide adoption. Through the ‘digital Canadian dollar public consultation,’ the Canadian central bank intended to identify a place for CBDCs in a world currently dominated by digital fiat payments such as credit cards. However, in a survey that amassed 89,423 responses, Canadians demanded regulations that would require merchants to accept cash as a form of payment. Awareness of a digital Canadian dollar. Source:…

Is $20 On The Cards? LINK Price Rides High With Staking Update

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Chainlink, a widely used distributed computing platform, has recently introduced an upgrade to its staking capabilities. Known as Staking v0.2, this new version adds an extra layer of security to the network and stands as a key component of Chainlink’s Economic 2.0 strategy. The anticipated duration for the migration of the protocol for the current v0.1 stakeholders is nine days. Users cannot transfer their staked LINK or the associated rewards to version 0.2 at this time. According to the most recent data, LINK was trading at a price range of…

Cathie Wood’s ARK Invest Sells $5.26M COIN Shares as Price Hits 19-Month High

CryptoX – Cryptocurrency Analysis and News Portal The Ark Fintech Innovation exchange-traded fund’s (ETF) sale of 43,956 shares took place on the day COIN reached $119.77 on the Nasdaq market, the highest closing price since April 2022. The sale is the biggest since July 25, when the ARK Next Generation Internet ETF dumped more than 53,000 COIN shares, albeit at a lower price and for a lower total value. Source The post Cathie Wood’s ARK Invest Sells $5.26M COIN Shares as Price Hits 19-Month High appeared first on CryptoX. CryptoX…

Coinbase (COIN) Stock Soars to 18-Month High as Investors Crypto Interest Grows despite Binance Legal Issues

COIN is presently trading at $119 after closing at $115 on November 27, which is the highest close since May 2022. The price now has minimal resistance ahead as it is moving toward $130, the May 2022 high. Major cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN) has seen its stock price climb over 250% so far this year. This brings the company close to its valuation from before the massive crypto crash of 2022. Last year’s cryptocurrency decline started with the implosion of TerraUSD, a so-called “stablecoin” whose value was…

ARK offloads $5.2M in Coinbase stock amid 18-month high

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ARK Invest, one of the companies that filed an application for a spot Bitcoin (BTC) exchange-traded fund (ETF), is again taking profits on its Coinbase (COIN) shares as the stock price surges. On Nov. 27, ARK sold 43,956 Coinbase shares from its ARK Fintech Innovation ETF (ARKF), according to a trade notification seen by Cointelegraph. Coinbase stock reached $119.7 per share at the time of the sale, giving the transaction a value of $5.3 million, data from TradingView shows. Coinbase crypto exchange has seen its shares jump to an 18-month high…