Tag: Rally

ETH rally turns Radiant Capital exploit into $103M trade

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The trove stolen from decentralized lender Radiant Capital in October 2024 has nearly doubled in value as Ether climbed, blockchain data shows. Decentralized finance (DeFi) protocol Radiant Capital was hacked in mid-October 2024 when the crosschain lending protocol suffered a $58 million cybersecurity breach on BNB Chain and Arbitrum. Radiant Capital lost about $58 million in the breach. The attacker later swapped proceeds into Ether (ETH) and now holds 21,957 ETH worth about $103 million, according to Lookonchain, up from an estimated $58 million at the time of the exploit.…

Whales Buy 2 Billion Dogecoin, Rally Ahead?

Key Notes Whales have bought 2 billion DOGE in the past week. DOGE price rose 17.3% in the past seven days, adding $5.5 billion to market cap. Golden Cross pattern sparks bullish sentiment among traders. Dogecoin DOGE $0.24 24h volatility: 3.6% Market cap: $35.88 B Vol. 24h: $3.92 B has seen massive whale accumulation in the past week, purchasing 2 billion DOGE over the past seven days, worth around $500 million. This increase in buying activity by large holders has led to a 17% surge in DOGE price during the…

What’s Behind 17% Cardano (ADA) Price Rally Today?

Key Notes Technical patterns and analyst forecasts suggest Cardano price could hit $1.20 in the short term and potentially climb toward $2.90. Grayscale’s registration of the “Grayscale Cardano Trust ETF” in Delaware with 80% approval chances. Long-term holders have been steadily accumulating ADA since 2021 without major distribution. Cardano’s native cryptocurrency ADA ADA $0.98 24h volatility: 12.4% Market cap: $35.85 B Vol. 24h: $4.57 B has surged by a staggering 17% in the last 24 hours, moving closer to the crucial breakout zone of $1.0. The Cardano price rally today…

Cardano’s ADA May See ‘100-150% Massive Bullish Rally’ in Coming Weeks, Analyst Says

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Key takeaways: ADA price confirms bull flag breakout, eyeing 100%–150% upside. Long-term holders have been holding a record 15 billion ADA for over a year. Cardano’s (ADA) shows signs of breaking out from months of consolidation, with some analysts expecting prices to at least double in the weeks ahead. ADA price enters bull flag breakout stage Cardano’s latest price action has confirmed a bullish breakout from a multimonth bull flag pattern on the three-day chart, according to analysis by Clifton Fx. The breakout follows a steady climb from the lower…

Ethereum Poised for $5K, Market Buzz Builds Around Rally

Ethereum price found support near the $4,500 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $4,750 zone. Ethereum started a fresh increase above the $4,550 and $4,650 levels. The price is trading above $4,600 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $4,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $4,400 zone in the near term.…

SOL Rally To $250 Needs More Than Margin Traders

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Key takeaways: Solana’s onchain growth supports the current rally, but declining DEX market share signal cautious trader sentiment. SOL’s perpetual futures funding rate near neutral suggests limited bullish momentum. Solana’s native token, SOL (SOL), briefly touched $205 on Tuesday after an 18% rally in less than two days. The sharp move has fueled speculation on whether SOL can extend its gains toward the $250 mark in the near term. Traders are weighing network fundamentals and derivatives activity to determine if there is enough momentum to sustain the rally. SOL/USD (blue)…

Could This Be the Start of a Mega Rally?

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Solana (SOL) has exploded 12% in the past 24 hours, briefly touching the $200 mark, as a wave of institutional adoption and tokenization milestones supercharge its rally. Related Reading At the forefront is DeFi Development Corp (DDC), whose aggressive treasury strategy now holds over 1.3 million SOL worth nearly $250 million, earning $63,000 daily in staking rewards. The company’s 10% Annualized Organic Yield (AOY) and validator operations underscore Solana’s staking advantage over non-yielding assets like Bitcoin. In August alone, DDC added 4,500 SOL to its reserves, fueled in part by…

More XRP Metrics are Suggesting a Potential $6 Rally

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Key takeaways: XRP (XRP) is flashing multiple technical and onchain signals, suggesting that a rally to $6 is possible over the next few weeks. Key developments surrounding Ripple and a surge in XRP futures demand are making the case for further upside. Increasing OI backs XRP’s upside XRP price rose alongside other altcoins on Wednesday, fueled by a number of factors, including the end of the legal battle between Ripple, the blockchain company behind XRP, and the US Securities and Exchange Commission.   🔥 UPDATE: The SEC has issued a Litigation…

Dogecoin Price Chart Forms Golden Cross, DOGE Rally Coming?

Key Notes Analysts note that DOGE remains undervalued, with its monthly RSI near historical lows. The current DOGE breakout could set the stage for $0.30 in the near term. Market sentiment is strengthening, with speculation that institutional DOGE adoption hints at a long-term target of $6.94. Amid the broader crypto market rally, Dogecoin DOGE $0.25 24h volatility: 11.8% Market cap: $37.40 B Vol. 24h: $3.72 B price has surged by 7% to $0.24, extending its weekly gains to 19%. The DOGE price chart shows the formation of a ‘Golden Cross’…

These three cryptos could breakout with Ethereum price rally

Ethereum bull Arthur Hayes, founder of BitMEX and a long-term crypto proponent, repurchased $10.5 million worth of Ethereum above $4,100 just days after taking profit on $8.3 million in Ether holdings. On-chain intelligence trackers are monitoring large-volume ETH transfers from whales and institutions, likely for profit-taking or initiating new positions as ETH hovered around $4,500 on Tuesday. Summary Ethereum rallied closer to its $4,500 target on Tuesday, as Bitcoin and other top cryptos gain.  Chainlink, Polkadot and Pump.fun are the top three cryptos most likely to extend gains alongside the…