News with the tag "COMP price"

The fate of a spot bitcoin exchange-traded fund (ETF) in the U.S. remains in limbo as the Securities and Exchange Commission (SEC) continued to delay decisions on several high-profile applications on September 28. The regulator postponed judgments on filings from financial giants BlackRock and Inves...

With its 19.70% breakout yesterday, Compound (COMP) presents a strong buy opportunity during its consolidation around the $46-48 level. COMP has firmly reset its technical indicators into bullish territory, and buyers may want to look to accumulate on dips before the next leg higher. To buy Compound...

COMP's breakout past $44.44 was accompanied by a huge spike in the Open Interest. It surged from $25.5 million to $46 million.

The asset management firm VanEck announced on Thursday that it plans to launch an exchange-traded fund (ETF) based on Ethereum futures contracts in the near future. The VanEck Ethereum Strategy ETF (EFUT) will invest in cash-settled futures contracts for ether, the native cryptocurrency of the Ether...

Bitcoin's price plunged under the psychologically significant support level of $30,000 over the past week, reaching a close of $28,874 today. The Federal Reserve's decision to increase the rate by 25 bps on July 26 seems to have been largely shrugged off by Bitcoin, however. As Bitcoin continues to ...

The support zone at $64.8 was breached during the recent drop, but what followed was a strong bullish sign.

Bitcoin and the broader cryptocurrency market are experiencing a slump today, adding further pressure to an already tense market sentiment. Despite reaching a 13-month high of almost $31,700 last week, Bitcoin's momentum has been dwindling since, with its price consistently falling below the 20-day ...

The crypto market is currently witnessing a notable uptick, propelled by the recent legal victory of Ripple, the company behind XRP, in its lawsuit against the SEC. Bitcoin, along with other cryptocurrencies, is experiencing the ripple effect of this pivotal moment in the industry. In light of this ...

Compound (COMP), the governance token of the Compound protocol, has experienced a remarkable surge in value over the past week, positioning itself as one of the top gainers in the cryptocurrency market. The token’s price has risen by an impressive 33% within a span of just seven days. Whale Activity...