Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The cryptocurrency market has recently been bullish, forcing prices higher across various digital assets. Comments from Peter Brandt, a trader, have reinforced this positive market movement. On Twitter, Brandt predicts bitcoin’s continued dominance over altcoins. There is currently much optimism in the crypto world, and one project that has caught people’s attention is DigiToads (TOADS). This new platform has gained the interest of investors, who see it as a promising investment opportunity. With the official launch approaching, there…
Tag: Rally
Honk if you love Bitcoin! Lightning takes the wheel of a European rally car adventure
A Bitcoin-mobile (BTC) piloted by the “Bitcoin Ambassadors” team is competing in the 8,000-kilometer Baltic Sea Circle Rally race, orange-pilling competitors and campsites along the way. The car is adorned and sponsored by Bitcoin companies. Source: Cercatrova Two Bitcoin advocates, Cercatrova, the democratically elected president of German-speaking Bitcoin community Einundzwanzig, and his copilot Daktari, set off on the orange-pilling adventure this week, attempting to pass through 9 Northern European countries in their Bitcoin-branded car. Speaking to Cointelegraph from somewhere above the Arctic Circle, Cercatrova explained: “The whole rally is a…
Bitcoin’s Ferocious ETF-Fueled Rally Puts Ether at Weakest Price Versus BTC in 2 Months
The largest cryptocurrency by market cap has benefited from rising investor optimism following multiple filings for spot bitcoin ETFs and its omission from tokens listed in SEC lawsuits earlier this month. Original
Cardano (ADA), Ether (ETH) Surge as Bitcoin (BTC)-Led Rally Sees Short Traders Lose $125M
“Blackrock’s ETF presents a statement or unique ‘solution’ if you will that makes it different from previous ETF filings,” shared Eitan Katz, CEO of Kima, in a Telegram message. “It includes a surveillance sharing agreement with Nasdaq, which means that Nasdaq will have access to the trading data, including customer IDs –all with the intention to make it significantly more immune to market manipulations by traders.” Original Source 125MADABitcoinBTCLedCardanoETHEtherLoseRallySeesShortSurgeTraders CryptoX Portal
BTC Price Rally to $28K Causes the Largest Short Squeeze This Month
The largest cryptocurrency by market capitalization jumped to as high as $28,150 in a few hours after trading flat around $26,800 for most of the day, CoinDesk Indices data shows. It more recently pared some of its gains, dropped to around $27,900, but remains up 5.2% over the past 24 hours to outperform most other digital assets. Source
Hawkish Fed, stocks market rally, and crypto falling behind
Macro Markets, hosted by crypto analyst Marcel Pechman, airs every Friday on the Cointelegraph Markets & Research YouTube channel and explains complex concepts in layperson’s terms, focusing on the cause and effect of traditional financial events on day-to-day crypto activity. Episode 13 of Cointelegraph’s Macro Markets begins by exploring why the United States Federal Reserve’s latest move has been pinned on the stock market rally. According to Cointelegraph analyst Marcel Pechman, part of the market was doubtful that the Fed would continue to sustain interest rates above 5% for the…
CZ, Powell and more rally to fund legal fees for on-chain sleuth ZachXBT, surpassing $1M
Blockchain investigator ZachXBT has received over $1 million in donations in slightly more 24 hours from the crypto community to pay for his legal fees in a defamation lawsuit. ZachXBT, known for his investigative work in the blockchain and cryptocurrency industry, has become embroiled in a legal dispute with Jeffrey Huang, better known as MachiBigBrother on Twitter. On June 16, Huang declared in a tweet that he had filed a defamation lawsuit against ZachXBT accusing him of damaging his reputation through false allegations. Huang was referring to an article published by…
Oracle Shares Rally to ATH after Posting Better than Expected Quarterly Results Fueled by AI Boom
Oracle stock market has rallied about 50 percent YTD to trade around $122.22 during Wednesday’s after-hours. Oracle Corporation (NYSE: ORCL) stock finally entered price discovery mode after trading below the ATH of the Dot-com bubble. Following the increased hype on generative artificial intelligence (AI), Oracle has found its cloud infrastructure in heightened demand for more use cases. As a result, ORCL shares have outperformed its peers apart from Nvidia Corporation (NASDAQ: NVDA) in the past year. According to the latest stock market update, ORCL shares have gained approximately 75 percent…
Bitcoin (BTC) Price ‘Throwback’ Suggests Potential For Rally to $37K: Valkyrie Investments
“Typically, but not always, prices will break above the neckline [resistance] and then return to that level, currently between $24,000 [and] $25,000,” Olszewicz said in a weekly market update. “This behavior is described as a ‘throwback,’ which in this case also includes a nearly three-month bullish reversal falling wedge chart pattern.” Original
Ethereum and digitoads can rally as analysts predict bitcoin to reach $30,000 in June 2023
The final weeks of 2022 were characterized by volatility and uncertainty in the crypto market. According to forecasts, the first quarter of 2023 was expected to be weak, potentially leading to further losses. However, contrary to expectations, the first three months of 2023 saw crypto assets recover. During this period, bitcoin dominated, surpassing the $22,000 resistance level in January and recording a 36% increase. However, it is essential to note that Bitcoin still faces notable challenges that require attention. Despite initial expectations, Bitcoin has yet to transform into a widespread…