Tag: Rally

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…

Bitcoin Pulls Back From $122K, Is the Rally Losing Steam or Just Pausing?

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Bitcoin’s recent rally pushed the cryptocurrency to retest the $122,000 level before facing a pullback. At the time of writing, BTC is trading at approximately $119,053, marking a short-term correction after reclaiming significant highs earlier in the week. The move comes as traders and analysts watch closely for signs of market strength or weakness at current price levels. One metric drawing attention is Binance’s share of global trading volume. According to CryptoQuant analyst BorisVest, the exchange’s dominance in trading activity provides valuable context for interpreting Bitcoin’s performance at all-time highs…

Could the Post-SEC Rally Already Be Over?

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XRP’s legal victory over the U.S. Securities and Exchange Commission (SEC) has removed a major regulatory hurdle, sparking optimism for institutional adoption and even a potential spot XRP ETF. Related Reading Daily trading volumes soared 208% to $12.4 billion after the settlement, with analysts estimating a 95% chance of ETF approval by October 2025. However, price action suggests the euphoria may be cooling. In the 24 hours ending August 12, XRP slipped 4% from $3.19 to $3.13, despite hitting an intraday peak of $3.32. Heavy selling during the 19:00 hour,…

BitMine Files to Raise Ethereum Purchase Plan to $24.5 Billion: Will ETH Price Rally Hit $5K?

Key Notes BitMine increased its equity program from $5B to $24.5B, representing a five-fold expansion for Ethereum purchases. Technical analysis shows ETH breaking above $4,500 for the first time since 2021 with bullish momentum indicators. The firm currently holds over 1 million ETH worth $5B, making it the largest corporate Ethereum holder globally. Ethereum BTC $120 162 24h volatility: 1.2% Market cap: $2.39 T Vol. 24h: $46.62 B price traded as high as $4,515 on Binance on Tuesday, Aug. 12, rising 6.31% in its largest single-day gain since July 10.…

Grayscale Debuts DeepBook, Walrus Trusts: Token Prices Rally

Key Notes Grayscale launches DeepBook and Walrus trusts linked to key Sui blockchain protocols. WAL and DEEP tokens saw increased trading activity and price volatility following the launch. Institutional investors gain new avenues for exposure to Sui DeFi and data infrastructure. Grayscale, recognized as one of the largest digital asset-focused investment managers, launched on August 12 two new single-asset trusts providing direct exposure to the DEEP and WAL tokens linked to foundational protocols within the Sui blockchain network. According to the announcement, the Grayscale DeepBook Trust and Grayscale Walrus Trust…