Ethereum could reach $13,000 by the fourth quarter of 2024 according to forecasts by crypto analyst ‘Wolf’, with institutional accumulation and bullish market sentiment cited as primary catalysts. This optimistic projection features a conservative base-case estimate of $8,000. Significant institutional… Read More »Analyst Predicts Ethereum Surge to $13,000 by Late 2024 Fueled by Institutional Investments
An Ethereum whale currently holds a 20,000 ETH short position with 20x leverage, generating a floating profit of approximately $1.12 million. The position was initiated at an entry price of $3,843 per ETH, with a liquidation threshold set at $3,999… Read More »Ethereum Whale Nets $1.12M Floating Profit on High-Leverage Short Position
The Crypto Fear and Greed Index has decreased slightly to 73, indicating a marginal cooldown in market greed while maintaining its position in the ‘greed’ zone. This shift reflects moderated investor optimism influenced by recent market volatility and social media… Read More »Crypto Fear and Greed Index Drops to 73, Still Signals Greed Despite Investor Caution
Remittix (RTX) is emerging as a notable player in the decentralized finance space with its cross-chain token facilitating direct cryptocurrency-to-bank account payments across more than 30 countries. The project secured $17.6 million in its presale event, distributing 572 million RTX… Read More »Remittix Raises $17.6M in Presale for Cross-Chain Crypto-to-Bank Payment Solution
Nasdaq-listed Tron Inc. is repositioning as a cryptocurrency treasury vehicle centered on TRX tokens, registering securities worth up to $1 billion to fund acquisitions of the digital asset. The strategic pivot follows zero positive cash flow generated by the company’s… Read More »Tron Inc. Shifts Strategy to $1 Billion Crypto Treasury Focused on TRX Acquisitions
Fluid recorded 29% of Ethereum’s stablecoin trading volume in July 2024, securing its position as the second-largest platform in the ecosystem. Market leader Uniswap maintained a 35% share during the same period, confirming Fluid’s rapid ascent as a major participant… Read More »Fluid Captures 29% of Ethereum Stablecoin Volume, Ranks Second to Uniswap
U.S. spot Bitcoin exchange-traded funds (ETFs) attracted $157.1 million in net inflows on July 29, representing 71% of the day’s total cryptocurrency ETF activity. Ethereum ETFs followed with $65.2 million in net inflows, making up the remaining 29%. The combined… Read More »US Bitcoin and Ethereum ETFs Record $222 Million Inflows as Investor Confidence Surges
Dogecoin (DOGE) is exhibiting strong bullish signals on technical charts, with analysts projecting significant price appreciation based on key indicators. Currently trading at $0.238, DOGE faces immediate resistance at $0.2396 while finding support near $0.234. A bullish MACD crossover indicates… Read More »Technical Indicators Suggest Bullish Momentum for Dogecoin with Potential Price Rally
Ark has significantly expanded its investments in cryptocurrency mining firm BitMine, crypto asset manager CEA, and blockchain solutions provider 10X, reinforcing its position in the digital asset sector. The strategic stake increases coincide with Ark’s recent $500 million treasury financing… Read More »Ark Boosts Holdings in BitMine, CEA, and 10X with $500M BNB Treasury Financing
CEA Industries has unveiled plans to transform into the largest publicly traded BNB treasury holder in the United States, backed by $1.25 billion in capital and partnerships with firms linked to Binance co-founder Changpeng Zhao. The company’s stock price surged… Read More »CEA Industries to Become Largest U.S. Public BNB Treasury with $1.25B Funding Shift
Billionaire investor Ray Dalio has advised allocating 15% of investment portfolios to gold or Bitcoin as a hedge against risks posed by mounting U.S. debt and potential currency devaluation, signaling a shift from his previous stance on cryptocurrency exposure. The… Read More »Ray Dalio Recommends 15% Portfolio Allocation to Gold or Bitcoin Amid Dollar Concerns
Bitcoin’s strengthening Stablecoin Supply Ratio (SSR) is flashing warning signs as the cryptocurrency approaches the key $119K resistance level. This metric, representing the ratio between Bitcoin’s market cap and stablecoin supply, indicates diminishing stablecoin liquidity available to purchase BTC –… Read More »Rising BTC Stablecoin Supply Ratio Signals Potential Liquidity Squeeze Near $120K Range
Galaxy Digital executed a significant withdrawal of 3,782 Bitcoin (BTC) valued at $447 million to cryptocurrency exchanges within a 12-hour period. The transfer signals potential strategic activity rather than an immediate sell-off, highlighting complex institutional approaches to Bitcoin management. Industry… Read More »Galaxy Digital Transfers $447 Million in Bitcoin to Exchanges for Strategic Market Activity
U.S. spot Bitcoin exchange-traded funds registered $157.02 million in net inflows yesterday, signaling renewed institutional interest in cryptocurrency exposure through regulated investment vehicles. The inflows were primarily driven by BlackRock and Fidelity, countering outflows from other funds during the same… Read More »U.S. Spot Bitcoin ETFs Attract $157M Inflows Led by BlackRock and Fidelity
The cryptocurrency $C is now available for spot trading on Bithumb, one of South Korea’s major digital asset exchanges. This listing grants investors direct access to trade $C on the exchange’s spot market, expanding the token’s accessibility within the cryptocurrency… Read More »Cryptocurrency $C Listed on Bithumb Spot Trading Platform
A cryptocurrency investor suffered a loss of 4.35 BTC after purchasing a compromised hardware wallet that had been secretly pre-initialized by scammers. The fraudulent device contained a seed phrase generated and controlled by malicious actors prior to delivery. Blockchain security… Read More »Pre-Initialized Hardware Wallet Scam Steals 4.35 BTC, Experts Warn of Supply Chain Risks
Dogecoin (DOGE) has confirmed a bullish double bottom breakout after surpassing the critical $0.23 resistance level, setting a technical price target of $0.418. The confirmation follows a retest of $0.23 support on weekly charts, solidifying this level as a foundation… Read More »Dogecoin Confirms Double Bottom Breakout, Targets $0.418 Amid Bullish Signals
Coinbase is negotiating the acquisition of CoinDCX, India’s largest cryptocurrency exchange, in a strategic move to expand within one of the world’s fastest-growing digital asset markets. This development follows CoinDCX’s significant valuation decline after suffering a $44 million security breach… Read More »Coinbase in Advanced Talks to Acquire Indian Exchange CoinDCX Following Valuation Dip
Ethereum is nearing the critical $4,200 resistance level, supported by a bullish MACD crossover, substantial ETF inflows, and a three-year volatility squeeze at its peak. These factors collectively signal a potential breakout toward $4,800 if the resistance barrier is decisively… Read More »Ethereum Approaches Key $4,200 Resistance Amid Bullish Signals, Eyes $4,800 Breakout
A prominent Ethereum ‘whale’, noted for a 75% success rate across recent transactions, has initiated a substantial bearish bet against ETH. The whale opened a short position totaling 20,000 ETH, currently holding an unrealized profit of approximately $1.61 million. This… Read More »Major ETH Whale Signals Bearish Outlook with Lucrative $1.61 Million Short Position