Tag: Rally

Bitcoin breaks the $45k zone, indicator suggests a further rally

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Bitcoin (BTC) had been consolidating around the $42,500 zone with the arrival of the holidays, but a key indicator suggests a further rally for the flagship cryptocurrency. BTC is up by 6.9% in the past 24 hours and is trading at $45,250 at the time of writing — marking a 21-month-high, last seen in early April 2022. The market cap of the leading cryptocurrency surged to $886 billion.  BTC price, whale activity, funding rate, open interest, and RSI – Jan. 2 | Source: Santiment Moreover, Bitcoin’s daily trading volume also…

Trader Predicts Breakout Rally for Decentralized Exchange Crypto, Says Altcoin Looks Very Strong

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A crypto strategist believes that one altcoin that’s flying under the radar is gearing up for a big breakout surge. Pseudonymous analyst The Crypto Dog tells his 755,600 followers on the social media platform X that the native asset of the decentralized exchange (DEX) GMX (GMX) is forming a huge bullish pattern on the weekly chart. According to the crypto strategist, GMX could witness a nearly 90% rally if it takes out its immediate resistance at $56.26. “GMX painting a massive multimonth inverse head and shoulders… Measure rule gives a…

Bitcoin and Solana spark rally; Monero and InQubeta gain more traction

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana has energized the crypto scene, claiming the second spot in trading volumes and creating millionaires with its remarkable rise. This surge has also boosted interest in Bitcoin (BTC).  Meanwhile, InQubeta (QUBE) has raised over $7.6 million in the ongoing presale. Solana trading volume The recent uptick in Solana and crypto prices has benefited Bitcoin and other altcoins. With daily investor influx, crypto prices will continue rising. Altcoins like…

Ethereum falls as Cosmos rises; Arweave and InQubeta lead altcoin rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ethereum’s recent dip to $2.2k has caused a downturn in its ecosystem. Cosmos, on the other hand, has demonstrated resilience and innovation, attracting investors. Amidst this, Arweave and InQubeta (QUBE) have emerged as front-runners, leading the altcoin rally. InQubeta, a new defi project, has raised over $7.6 million in its presale. It aims to pioneer a seamless investment process using QUBE and an NFT marketplace. Arweave, another altcoin, is…

SOL Price Corrects Gains But The Rally Is Far From Over – Here’s Why

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Solana rallied above the $100 and $110 levels. SOL price is now correcting gains, but the bulls might remain active near the $100 level. SOL price started a fresh rally above the $100 resistance against the US Dollar. The price is now trading above $100 and the 100 simple moving average (4 hours). There is a key bullish trend line forming with support near $102 on the 4-hour chart of the SOL/USD pair (data source from Kraken). The pair could start a fresh rally unless there is a close below…

Axie Infinity Springs Back To Life With Surprise 35% Rally

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In the dynamic realm of cryptocurrencies, Axie Infinity’s AXS token has embarked on a remarkable ascent, witnessing an impressive surge of over 35% in the past 24 hours and currently trading at $9.26. This rally catapults AXS to the forefront of gaming cryptocurrencies, boasting a market capitalization of $1.4 billion and a circulating supply of 132 million coins. The driving force behind this impressive upswing can be traced to a recent major game update, which introduces a transformative element to the Axie Infinity ecosystem. Axie Infinity’s Evolution Transforms Game Economy…

Bitcoin Rally in 2023 Helped Crypto Firms to Contribute to Wall Street

Bitcoin mining inherently involves high energy costs due to the operation of supercomputers. The world’s largest cryptocurrency Bitcoin (BTC) made substantial gains surging by 160% this year in 2023. The rally in Bitcoin and the broader crypto market has also helped some of the US-listed crypto companies recover from the wounds of the 2022 crypto winter. While Bitcoin experienced a notable 150% rally throughout the year, shares of Coinbase, MicroStrategy, and the Grayscale Bitcoin Trust, closely linked to the digital currency, performed even more impressively, surging over 300% in value.…

Solana and XRP trending, analysts expect this P2E coin to rally

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Solana (SOL) soared to over $110 on Dec. 26. XRP has been slow NuggetRush will offer gold rewards and NFTs. Solana has been firm, while XRP has been gradually rising since November. Analysts are also eyeing NuggetRush (NUGX) as a potential Solana competitor. NUGX is up 50% since the start of the presale.  Solana nears $130 SOL rose from less than $30 to over $110 in just a few…