ProShares Launches New ETF to Track Coinbase Stock Price

Key Notes ProShares has recognized Coinbase as a core innovator that has its users and investors at heart. It launched the ProShares Ultra COIN (COIA) to track the price of Coinbase stock. Coinbase recently acquired Sensible and hired its founders to fuel its “Everything Exchange” vision. American cryptocurrency exchange Coinbase (COIN) is one of the stocks that ProShares has identified with the capacity to create opportunities for consumers and investors. The firm made a strong statement recently as it rolled out a new Exchange Traded Fund (ETF) to track the…

POL Price Crashes 4% as Polygon Network Faces Node Bug

Key Notes The disruption in the Polygon blockchain is the first since July’s Heimdall v2 upgrade, forcing validators and RPC providers to resynchronize. Polygon developers said that they are restarting affected nodes and have resolved issues for many users. Despite the setback, POL remains in a broader uptrend, with analysts pointing to potential gains toward $0.32–$0.33. POL POL $0.27 24h volatility: 1.4% Market cap: $2.84 B Vol. 24h: $126.43 M , the native cryptocurrency of the Polygon blockchain, has dropped 4% today as the network experiences node bugs. The outage…

Bitcoin Price Watch: Can BTC Break the Resistance Ceiling or Will Bears Push Back?

At 8:45 a.m. Eastern, bitcoin hovered at $113,366 per coin, buoyed by a market capitalization of $2.25 trillion and 24-hour trading volume of $44.94 billion. The intraday price range between $110,822 and $113,484 points to a day of measured consolidation within a larger bullish recovery. Bitcoin The short-term momentum appears cautiously optimistic, as bitcoin has […] Original

Here’s Why Traders Say Ethereum Price Could Drop to $3.5K Before a Rebound

Key takeaways: Ether bears are getting louder as the price remains rangebound. Declining spot volume signals weak demand and increasing ETH price vulnerability. ETH price could drop to $3,500 if key support levels are lost. Ether (ETH) remains stuck in the $4,200-$4,500 range for two weeks, amid decreasing spot and institutional demand. This has made some traders bearish, eyeing ETH price falling to $3,500 before any potential recovery. ETH/USD four-hour chart. Source: Cointelegraph/TradingView Market sentiment turns negative The choppiness in Ether’s price, coupled with Bitcoin’s recent drop below $100,000, saw…

Here’s How High The Bitcoin Price Will Go If It Repeats The 2017 Cycle

The Bitcoin bull cycles have always been similar in the fact that each one has always ended with the Bitcoin price multiples higher than the previous high. While the digital asset has hit new all-time highs this cycle, it is far from being multiples of the previous all-time high, and has yet to hit the 2x mark. However, with a lot of similarities popping up between this cycle and what was seen in 2017, there is still the possibility that the Bitcoin price will run higher from here. Bitcoin Price…

XRP Price Pullback Limited – Bulls Prepare for Next Leg Higher

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Forming Base – Key Levels That Could Trigger a Breakout

Ethereum price started a fresh decline below the $4,450 zone. ETH is now consolidating and might aim for a fresh increase if it clears $4,380. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,380 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $4,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if it settles above $4,350 and $4,380. Ethereum Price Faces Hurdles Ethereum price started…

XRP Price Setting Up For Next Leg With Expected Targets Reaching $19.27

Technical analyst Rupert, host of the Allincrypto podcast, highlighted a major bullish setup that could send the cryptocurrency on a long rally. According to his latest analysis shared on social media, XRP’s chart is forming a structure that points to an eventual price target of $19.27, with the move being supported by its late 2024 breakout and its current positioning below its previous all-time high. Breakout From Long-Term Triangle Formation XRP has mostly been trading around $2.80 over the past week, ranging between $2.77 and $3.02. However, the cryptocurrency has…

WLFI Price Dips 7% As Eric Trump Leaves World Liberty Treasury Company ALT5 Sigma

Ronaldo is an experienced crypto enthusiast dedicated to the nascent and ever-evolving industry. With over five years of extensive research and unwavering dedication, he has cultivated a profound interest in the world of cryptocurrencies. Ronaldo’s journey began with a spark of curiosity, which soon transformed into a deep passion for understanding the intricacies of this groundbreaking technology. Driven by an insatiable thirst for knowledge, Ronaldo has delved into the depths of the crypto space, exploring its various facets, from blockchain fundamentals to market trends and investment strategies. His tireless exploration…

Bitcoin Price To $150,000, Ethereum At $8,000, And An Altcoin Season? Analyst Reveals When

Crypto analyst Ash Crypto has revealed when the Bitcoin price is likely to reach $150,000, while Ethereum rallies to $8,000 and the altcoin season begins in full force. This comes as the crypto market looks to rebound, with BTC attempting a successful break above $112,000.  On Bitcoin Price and Ethereum Rally And Altcoin Season Timeline In an X post, Ash Crypto declared that the Bitcoin price will rally to $150,000, Ethereum will rally to $8,000, and the altcoin season will happen in the fourth quarter of this year. During that…