Key Notes BNB’s percentage price surge within the last 24 hours has far outperformed that of BTC, ETH, and XRP. Trading volume is soaring for BNB, but Bitcoin and other altcoins are seeing a receding trend. The VanEck BNB ETF filing might be the ultimate trigger for the ongoing Binance Coin rally. Binance Coin (BNB) has successfully hit a three-month high, backed by the positive sentiment in the market, as showcased by several metrics. The BNB Chain is recording increasing institutional adoption, improved Decentralized Finance (DeFi) activity, and a transaction…
Tag: Rally
Stellar (XLM) Breakout Eyes 30% Rally – Will It Repeat Last Cycle’s Playbook?
After breaking out of its five-month downtrend, an analyst suggests a repeat of Stellar (XLM)’s last cycle playbook could be on the horizon. The cryptocurrency has confirmed its breakdown from a bullish reversal pattern and eyes a surge toward new targets Stellar Breakout Targets $0.39 Amid the market pump, Stellar has broken out of a key demand zone and retested the $0.30 mark for the first time since March. The cryptocurrency has been in a downtrend since its November 2024 breakout, when it reached a three-year high of $0.63. During…
Bull Market Reignited? Analyst Says Bitcoin Rally Mirrors June 2020 Setup
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’s recent surge has kept its price firmly above the $100,000 price level, reflecting ongoing investor confidence. At the time of writing, BTC is trading at $103,527, posting a 4.3% gain in the past 24 hours…
Ethereum price greenlit for further upside after surprise 29% ETH rally
Key takeaways: ETH price rallied by 22% on May 8, but demand for spot ETH ETFs and derivatives remains muted. President Trump’s reversal on certain altcoins aligns with ETH’s renewed outlook. Ether (ETH) posted an impressive 29% gain between May 8 and May 9, likely marking the end of a 10-week bear market that bottomed out at $1,385 on April 9. This sharp move triggered the liquidation of over $400 million in short (sell) ETH futures positions, suggesting that whales and market makers were caught off guard. Despite the surge,…
Bitcoin holds the bulk of its gains from this week’s rally to $100,000, altcoins turn bullish
Key points: Bitcoin holding $100,000 as a level of support would confirm the current trend change. Ether leads among altcoins, and DeFi tokens could follow. Bitcoin (BTC) broke above the psychologically critical $100,000 level on May 8, and the bulls are trying to hold on to the level on May 9. In an X post, CoinGlass said that Bitcoin’s rally resulted in $837.80 million in short liquidations in a 24-hour period, the largest since 2021. Bitcoin’s rally also lifted several major altcoins, which soared above their respective overhead resistance levels.…
Bitcoin Continues Six-Figure Rally While Stocks Stumble
Sentiment on Wall Street was mixed ahead of the Trump administration’s meeting with China, but bitcoin has continued to surge, for now. BTC Rises as Stock Markets Wobble Traditional markets rallied on Thursday after U.S. President Donald Trump announced a trade deal with the United Kingdom. The agreement will reduce tariffs and spur trade between […] Original
Data suggests Bitcoin price could rally above $110,000 in May.
Key Takeaways: Bitcoin is driven by its ability to perform well in risk-on and risk-off environments, according to Bitcoin Suisse. Bitcoin’s Sharpe ratio of 1.72, second only to gold, underscores its maturity as an asset, offering superior risk-adjusted returns. A buyer-dominant market signals strong institutional and retail interest that could drive a supply squeeze and break new highs in May. Bitcoin (BTC) price breached the $100,000 mark for the first time since January, fueling speculation of a new all-time high above $110,000 in May. According to Bitcoin Suisse, a crypto…
Pepe Price Jumps 45% Fuelled By Ethereum Rally
Key Notes Prominent community member Fyre projects a potential $10 billion market cap for PEPE, citing the coin’s bullish chart patterns. PEPE has crossed its 200-day EMA at $0.00001091 while Coinglass data reveals an increase in PEPE futures open interest by 15.5%. PEPE rise has ignited a broader meme coin rally, with Dogecoin, Shiba Inu, and BONK posting gains between 12-17%. PEPE PEPE $0.000009 24h volatility: 1.5% Market cap: $3.71 B Vol. 24h: $591.98 M has continued with its bullish stand while rising another 45% today amid a strong Ethereum…
Bitcoin Derivatives In The Driver’s Seat For $100,000 Rally, Data Shows
Data shows the Bitcoin derivatives trading volume has been higher than the spot one during BTC’s latest recovery rally beyond $100,000. Bitcoin Trading Volume Ratio Has Declined Under The 1.0 Mark Recently In a new post on X, CryptoQuant author Axel Adler Jr has talked about the trend in the Trading Volume Ratio for Bitcoin. The “Trading Volume Ratio” is an indicator that keeps track of the ratio between the amount of the asset becoming involved in trading on spot exchanges and that on derivatives ones. When the value of…
Is the meme coin rally back? Dogecoin, Shiba Inu and Pepe see double-digit gains
Meme coins have been thrust into the spotlight once again as the controversial MELANIA token makes headlines once again. A Fortune report shows a group of traders that bought millions of dollars worth of MELANIA gained nearly $100 million in profits by selling the meme coin at its peak. Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) rallied alongside Bitcoin (BTC) as the largest cryptocurrency beat the $100,000 milestone and climbed past the resistance on Thursday. DOGE, SHIB and PEPE’s price dipped slightly, down 2%, 1.60% and 3.51% on the…