Ethereum Sees Profit-Taking, but ETH Price Rally May Continue

Key Notes ETH lost 3% from a local high amid profit-taking. Whale wallets have added over 500,000 ETH in two weeks. ETH spot ETFs see record inflows, signaling rising institutional demand. Ethereum ETH $3 758 24h volatility: 3.2% Market cap: $453.33 B Vol. 24h: $54.52 B dropped from a local high of $3,851 on July 21 to around $3,658, triggering speculation among traders that a local top may have formed. At the time of writing, ETH is down nearly 3% on the day with a trading volume of $442 billion.…

Trump Media’s $2 Billion Bitcoin Buy Sparks Surge In Stock Price

Trump Media experienced a notable uptick in its stock price (DJT) on Monday, closing up 3% after an intraday rise exceeding 5% to reach $19,25 per share. This surge followed the company’s announcement that it had invested $2 billion in Bitcoin (BTC). Two-Thirds Of Assets To Bitcoin Treasury The media group, which encompasses President Donald Trump’s social media platform Truth Social, the streaming service Truth+, and the financial services brand Truth.Fi, revealed that the recent cryptocurrency purchases align with a strategy initially outlined in May to establish a Bitcoin treasury. …

XRP Price Could Restart Its Rally—Are Bulls Gearing Up Again?

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 Momentum Explodes—Is the Path to $4K Wide Open?

Ethereum price started a fresh increase above the $3,750 zone. ETH is now showing bullish signs and might continue to rise toward the $3,950 zone. Ethereum started a fresh increase above the $3,750 level. The price is trading above $3,650 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,720 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,650 zone in the near term. Ethereum Price Rises…

Bitcoin Price Consolidates—Is a Downside Correction on the Horizon?

Bitcoin price is consolidating gains below the $118,000 resistance. BTC could start a downside correction if it breaks the $116,200 support zone. Bitcoin started a fresh decline after it failed to clear the $120,000 zone. The price is trading below $118,000 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $118,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $120,000 resistance zone. Bitcoin Price Dips Again Bitcoin price…

5 US Banks Move to Delay Ripple’s Banking Licence as XRP Price Nears All-Time Highs

Key Notes Five major banking institutions jointly petitioned regulators to pause Ripple’s trust bank charter application. XRP maintains strong bullish momentum above $3.50 despite coordinated opposition from traditional financial sector. Technical indicators suggest potential breakout toward $4.00 resistance level with sustained trading volumes exceeding $10 billion. XRP price rallied 3% to hit $3.70 on Monday, July 21, just shy of its all-time high of $3.84 recorded in January 2018, as fresh developments surfaced around Ripple’s ongoing push to secure a US banking license. The latest price upswing came just hours…

Dogecoin Price Breaks Above $0.26 In Weekend Rally As Pundit Predicts 2,600% Surge

The Dogecoin price is on a fresh bullish path after surging past $0.26 over the weekend, igniting a new wave of optimism across the cryptocurrency market. As the meme coin regains momentum, one analyst is calling for a massive 2,600% surge that could take Dogecoin to a $1 trillion market cap and $6 price target this cycle.  Analyst Sees Dogecoin Price Hitting $6.9 Soon Dogecoin has once again captured market attention with a powerful weekend rally that saw its price breaking above the $0.26 mark. This explosive movement came as…

ADA Price Surges 15% to $0.92 as Cardano Founder Battles $619M Fraud Allegations

Key Notes Charles Hoskinson announced a third-party audit of IOG’s ADA reserves after fraud allegations from NFT artist Masato Alexander. Cardano’s Total Value Locked surged past $412 million with 15% increase in stablecoin inflows over the weekend period. Technical analysis shows ADA trading above Bollinger Bands with potential targets at $1.00 and $1.20 despite overbought RSI conditions. Cardano ADA $0.87 24h volatility: 4.3% Market cap: $31.37 B Vol. 24h: $1.70 B price jumped past $0.92 on July 21, marking a four-month high amid growing scrutiny over Cardano’s treasury. The move…