After bitcoin surpassed $124,000, some analysts suggest that the cryptocurrency may be entering a rapid growth phase, with potential price targets between $131,000 and $177,000. Record-Breaking Rally and Market Capitulation On Aug. 13, bitcoin (BTC) broke past the $124,000 mark to set a new all-time high and pushed the crypto economy’s total market capitalization to […] Original
Dogecoin’s bullish momentum is putting short positions under pressure as the price eyes a crucial $0.27 retest. A successful breakout above this level could spark a powerful multi-stage rally, opening the door to higher targets and renewed market excitement. DOGE/USDT Clears $0.2533 Resistance With Conviction GemXBT, in a recent update on X, highlighted that DOGE/USDT is showing a bullish trend after breaking above the key resistance level at $0.2533 with strong upward momentum. This breakout signals renewed buying pressure, as the price pushes beyond a level that had capped recent…
Key Notes SHIB price broke out of a symmetrical triangle after a 10% weekly gain, signaling potential bullish momentum. Exchange balances dropped nearly 1% in two weeks, reducing selling pressure. Rising Spent Coins Age Bands suggest possible profit-taking and risk of a price correction. After a 10% weekly upside, the Shiba Inu SHIB $0.000013 24h volatility: 4.2% Market cap: $7.75 B Vol. 24h: $412.98 M price rally has stalled. However, the falling SHIB exchange supply could serve as a catalyst moving forward. SHIB has been an underperformer in the recent…
Bitcoin experienced sharp volatility, dropping to $117,719 before recovering above $118,000, following a surprisingly hot U.S. inflation report. Bitcoin Tumbles Then Rebounds The U.S. Producer Price Index (PPI), a key inflation indicator measuring wholesale goods prices, surged 0.9% for the month, significantly exceeding the forecasted 0.2% increase. This marked a sharp acceleration from the prior […] Original
Key Notes An astonishing 99% of Bitcoin’s circulating supply is now in profit. BTC briefly flipped Google (Alphabet), becoming the world’s fifth-largest asset. Analysts eye the $126K price level as the “make-it- or break-it” level for BTC. Bitcoin BTC $120 854 24h volatility: 0.2% Market cap: $2.41 T Vol. 24h: $68.38 B has pushed into uncharted territory this week, with nearly the entire circulating supply now in profit. With the Fear and Greed Index showing massive elevation in buyer demand, investors question if this is the final stage of the…
Key Notes BNB price has hit a new all-time high (ATH) following a 15% WTD rally to hit $864. This new price level reflects increased interest and engagement from institutional investors. Beyond BNB, Token6900 is also making waves in the broader crypto market. Certain catalysts may have triggered a bull run for Binance Coin (BNB). The digital asset has hit a new all-time high (ATH) with a 15% rally in 7 days to hit $864. This growth trend reflects increased interest and engagement from institutional investors. Institutional Adoption Drives BNB…
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.…
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…
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…
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…