Tag: Rally

Ethereum Whales Accumulate as Rally Faces Resistance

Key Notes ETH is struggling below its 50-week EMA, a historical launchpad for rallies averaging 58%. Key whales have bought over 96,000 ETH (~$250M) in the past week alone, signalling confidence. With over 35 million ETH staked and accumulation wallets hitting all-time highs, the ETH liquid supply is shrinking. Ethereum ETH $2 541 24h volatility: 1.7% Market cap: $306.55 B Vol. 24h: $22.32 B is under intense investors’ scrutiny this week as it struggles to reclaim the $3,000 price level despite whale accumulation and bullish long-term fundamentals. Trading at $2,533.31…

Ark Invest Sells Off Circle Stock After Massive Post-IPO Rally

Key Notes ARK Invest has sold off $51.8 million worth of Circle shares across three of its ETFs. This comes after the firm purchased $373 million worth of Circle shares on its first day of trading on the NYSE. The Cathie Wood firm took its first profit since its exposure to the shares after a massive rally. Cathie Wood‘s ARK Invest has sold off a sizeable portion of its Circle (CRCL) share holdings. This asset management firm trimmed $51.8 million worth of these shares amidst an extension in the stock…

Bitcoin Cash-Bitcoin Ratio Smashes Triangle Pattern; HYPE Rally May Be Over

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole. Bitcoin cash , the best performing top 100 cryptocurrency of the past 24 hours, looks set to chalk out a bull run against bitcoin . That’s because the BCH/BTC trading pair listed on Bitstamp has jumped out of a triangle pattern identified by series of descending intraday price highs and ascending price lows, both representing a narrowing price range. Breakouts from these patterns typically lead to significant moves, which means BCH could chalk out an…

ARK Invest Offloads Over $50M in Circle (CRCL) Shares as Stock Extends Rally

Cathie Wood’s ARK Invest trimmed its holdings on its sizable Circle (CRCL) position Monday, selling $51.8 million worth of shares, as the stablecoin issuer’s stock extended its rally. ARK sold a total of 342,658 shares across three of its actively managed exchange-traded funds (ETFs), according to a daily email. The ARK Innovation ETF (ARKK) offloaded 196,367 shares, ARKW sold 92,310 and ARKF trimmed 53,981. Circle, the issuer of the USDC stablecoin, rose 13% on the day, closing Monday in New York at $151.06. It has gained every day but two…

XRP bull pennant projects a 530% price rally to $14

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Key takeaways: XRP’s price has been trading between $2.05 and $2.40 over the last month while consolidating in a bull pennant in the weekly time frame.  Several analysts say the current technical setup mirrors the 2017 price action that preceded a massive breakout to all-time highs. XRP price eyes a 530% rally into double-digits XRP (XRP) price has been consolidating below $3.00 since Feb. 1. Still, analysts argue that it could see a massive recovery from the current level if it follows a breakout like it did in 2017. Crypto…

Bitcoin And HYPE Lead Fresh Crypto Rally Toward New Highs

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Key points: Bitcoin made a decisive break above $106,000, setting the stage for a possible retest of the all-time high at $111,980. Most major altcoins remain in a range, but HYPE has resumed its uptrend. Bitcoin (BTC) started the week on a bullish note, rising above $107,500. Although the price is trading just below the all-time high, whales and retail investors are holding on to their positions. CryptoQuant contributor Darkfost wrote in a QuickTake blog post that Binance Bitcoin inflows from both groups have slipped to their lowest levels since…

Bitcoin Gears Up For a 100x Rally by 2045

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Key takeaways:  Brad Mills forecasts a 100X Bitcoin rally driven by institutional adoption, halving-induced scarcity, and retail-focused technology developments. The US Strategic Bitcoin Reserve, initiated with 200,000 BTC, marks a policy shift toward long-term government-held Bitcoin monetary policy. Bitcoin (BTC) maximalist Brad Mills predicts that the market is at the dawn of a “SaylorCycle,” a decade-long growth for BTC driven by Michael Saylor’s influence and Strategy’s 592,100 treasury haul, which is expected to continue. Mills argued that Bitcoin’s transition from an “illegitimate asset” to a “must-own asset” could see corporations…

Bitcoin Rally Could End in Tears

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Bitcoin is at a crossroads again. Prices have been bouncing between $61,000 and $104,000 for about seven months. That range looks a lot like the $31,000–$64,000 sideways move before the sharp drop in early 2022. Traders…

Ethereum Price Could Rally To $10,000 If This Major Resistance Is Broke

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum’s price action this week has been very notable, with the leading altcoin breaking above $2,800 again for the first time in four months. Ethereum managed to break above the $2,800 mark for the first time…

ONDO To Repeat 2024’s Run? Analyst Anticipates 130% Rally

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Despite failing to break out of its downtrend, ONDO could be preparing for a surge above the $2 barrier. Some analysts suggest it could repeat its 2024 playbook if it continues to hold its current levels.…