SOL prices have risen 150% in the past month, making it the top-performing major cryptocurrency. Source
FTX Linked Wallets Shift $13.5M SOL as Solana Rally Takes a Breather
Tag: Rally
Consumer Price Index (CPI) Report Expected to Provide Some Guidance as to Potential Bitcoin Rally
Bitcoin bulls may be hoping that the expected CPI report may present some respite for BTC, which has struggled to maintain momentum. The general financial market is anticipating the Consumer Price Index (CPI) today to put some figures in perspective regarding the state of the economy. In addition to economic indicators, the content of the expected CPI will hopefully provide bulls with information that may pump Bitcoin. Bitcoin and the CPI For a few weeks, the market witnessed an interesting rally that saw the price of Bitcoin climb almost 40%. However,…
Is An Ethereum Mega Rally Incoming?
Ethereum prices are firm at spot rates, still trading above the $2,000 level, and multiple other factors point to possible trend continuation. According to Kaiko’s data on November 12, not only is the ETH-BTC ratio shifting and reversing after extended periods of lower lows, but also there is a notable uptick in trading volume with funding rates in crypto derivative platforms shifting from negative to positive, suggesting increasing demand. ETHBTC ratio | Source: Kaiko Ethereum Breakout Above $2,000 As of writing on November 13, Ethereum is relatively firm and changing hands…
Crypto analysts bullish on Cardano and Bitcoin, Everlodge to rally
Market participants are bullish, expecting prices to rally. CryptoKaleo, an analyst, predicts Cardano (ADA) and Bitcoin (BTC) will reach $11 and $49,000, respectively, in the future. Meanwhile, Everlodge (ELDG) may continue increasing in the sessions ahead. Cardano staked rises to $8 billion Cardano staking is gaining momentum. Cardano News reports that over $8.16 billion worth of ADA is staked, representing 63% of the coin’s circulating supply. This has boosted ADA’s market cap to $11.83 billion and increased its trading volume by 103%, demonstrating growing interest and trust in the platform. As of…
Cathie Wood’s ARK Invest ARKW Fund Sold $6M of Grayscale Bitcoin Trust (GBTC) Shares Amid Rally
ARK offloaded 201,047 GBTC shares from its Next Generation Internet ETF (ARKW), according to an emailed update. The shares were valued $6.03 million based on Friday’s closing price. GBTC remains the largest holding of ARKW, with a weighting of 9.97% worth about $132 million. Original
Avalanche (AVAX) Rumbles With 45% Rally
Throughout the majority of the year, the Avalanche (AVAX) coin has seen a predominantly bearish trend. However, it has recently exhibited a noteworthy resurgence. Avalanche has demonstrated remarkable performance within the cryptocurrencies sector, exhibiting a significant increase of 10% during the past 24 hours. The AVAX price, which is currently valued at $18.12, exhibits a bullish engulfing candlestick pattern. From an optimistic perspective, the escalating demand has the potential to drive the bullish trend to surpass the $20 threshold. AVAX shows an impressive figure in the weekly timeframe. Source: CoinMarkeCap…
Avalanche Shines With A 31% Rally
Avalanche (AVAX) has had a relatively quiet second half of 2023 regarding price performance and ecosystem advancements. However, the token experienced a mesmerized turnaround towards the end of October, which has seen its value rise almost vertically in the past few weeks. Avalanche’s positive run coincides with an optimistic climate in the general crypto market, as investors appear to be more interested in various digital assets. While Bitcoin, the premier cryptocurrency, continues to hold its own above the $37,000 mark, most altcoins seem ready to take advantage of changing market…
Kaspa Rules The Weekend Top 100 Coin Roster With 63% Rally
Kaspa (KAS) has emerged as a notable altcoin, drawing considerable interest from investors. Notably, the cryptocurrency has achieved its all-time high, experiencing an impressive 66% increase over the previous week. Examining the monthly performance charts reveals an even more substantial upward trajectory, with KAS exhibiting a remarkable surge of over 90%. Zooming out to a year-long perspective, the altcoin has witnessed an astonishing increase of over 2,000%, showcasing its significant growth over this extended period. Investors are closely monitoring Kaspa as it continues to showcase strong bullish momentum, reflecting the…
Altcoins are finally joining the current bitcoin rally as crypto investors turn risk-on
Altcoins were in rally mode this week after lagging bitcoin in its recent climb to new 2023 highs. While bitcoin touched an 18-month high and ether broke through the key psychological level of $2,000 for the first time since April, the real spikes were in the rest of the crypto market. Solana notched a 40% weekly gain, Polygon’s MATIC token gained 25% and Cardano’s ADA advanced 17%. Bitcoin and ether rose 8% and 15%, respectively, for the week. “The crypto space has largely been a one-man show over the past…
LINK Price Breaks Above $15 With 33% Rally
LINK price has undoubtedly been one of the major highlights of the cryptocurrency market in 2023. Over the past week, the cryptocurrency maintained its recent positive momentum, reaching a new yearly high of $15.8 on Thursday, November 9. A crypto analyst and trader who predicted this latest bullish run has offered more insight on what to expect from the Chainlink token. What’s Next For LINK Price? A crypto analyst with the pseudonym Mags took to X (formerly Twitter) to share an interesting update on the LINK price action. While referring…