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Dogecoin Draws New Attention As Open Interest Tops $3 Billion
Bővebben: Dogecoin Draws New Attention As Open Interest Tops $3 BillionAccording to CoinGlass and market reports, Dogecoin’s futures open interest breached the $3 billion barrier as traders piled back into the memecoin on August 12. The token climbed to $0.25 that day, and traders recorded a one-day gain of 4.10% while market capitalization rose nearly 4%. Short bursts of buying pushed derivatives exposure higher, and…
Ethereum 30-Day Netflow Average Deepens Negative: Buyers Dominate Market
Bővebben: Ethereum 30-Day Netflow Average Deepens Negative: Buyers Dominate MarketEthereum has surged to multi-year highs around $4,700, marking its strongest level since November 2021 and putting it within striking distance of its all-time high near $4,860. The rally has placed ETH on the verge of a price discovery phase, something the market hasn’t experienced in years. If bulls manage to push decisively beyond this…
Ripple’s XRP Eyes $8 as Chart Echoes Legendary 2017 Rally
Bővebben: Ripple’s XRP Eyes $8 as Chart Echoes Legendary 2017 RallyTL;DR XRP reclaims $3.15 support, testing the breakout level that could push the price toward $3.40 next. Analysts compare the current XRP rally to the 2017 bull run, projecting a possible surge toward $6–$8. Daily transactions have dipped despite price gains, suggesting that fewer but larger trades drive the current market momentum. Price Extends Gains…
4-Year Cycle Says Dogecoin Price Will Reach $1, Here’s Why
Bővebben: 4-Year Cycle Says Dogecoin Price Will Reach $1, Here’s WhyCrypto analyst KrissPax has made a case for why the Dogecoin price could still reach the psychological $1 level based on the 4-year cycle. Analysts like Kevin Capital have also declared that DOGE’s best move is still ahead. Why The Dogecoin Price Can Still Reach $1 In an X post, KrissPax alluded to the 4-year…
Bitcoin Futures Power Index Hits Neutral Zone After Months Of Bullish Readings – Details
Bővebben: Bitcoin Futures Power Index Hits Neutral Zone After Months Of Bullish Readings – DetailsBitcoin is once again challenging the $120,000 resistance level after a stretch of massive volatility for BTC and strong performance from altcoins. While the flagship cryptocurrency has yet to decisively break above its current range resistance, Ethereum has been leading the broader market with an impressive uptrend since April, gaining over 230% and drawing strong…
Metaplanet Triples Assets in Q2 With Bitcoin-Backed Preferred Shares for Japan’s Yield-Starved Market
Bővebben: Metaplanet Triples Assets in Q2 With Bitcoin-Backed Preferred Shares for Japan’s Yield-Starved MarketBitcoin Magazine Metaplanet Triples Assets in Q2 With Bitcoin-Backed Preferred Shares for Japan’s Yield-Starved Market Japan sits on $14.9 trillion in household financial assets, yet its fixed income market offers some of the lowest returns in the developed world. The 10-year Japanese Government Bond yields just ~1%, and corporate bonds often struggle to clear 2%.…
Tezos to Feature Liquid Staking With stXTZ Launch on Etherlink
Bővebben: Tezos to Feature Liquid Staking With stXTZ Launch on EtherlinkA new functionality is being introduced to the Etherlink ecosystem, which is built on top of Tezos’ rollup technology, that aims to expand the use cases. New Capabilities Shared to CryptoPotato via a news release, the creators behind Stacy.fi, a staking platform built on the Tezos blockchain, have introduced stXTZ, a liquid staked version of the native…
Two Forces Can Launch Bitcoin To $1 Million, Says Mike Novogratz
Bővebben: Two Forces Can Launch Bitcoin To $1 Million, Says Mike NovogratzMike Novogratz believes Bitcoin’s path to $1 million is powered by two engines—grassroots adoption and an unforgiving macroeconomic backdrop—and he would rather the ascent be measured than manic. “Bitcoin has two vectors that drive its valuation. One is adoption, right? How many people get orange-pilled? And the other is the macro environment,” the Galaxy CEO…
Bitbuy: Your One-Stop Shop for Everything Crypto in Canada
Bővebben: Bitbuy: Your One-Stop Shop for Everything Crypto in CanadaSince 2014, Canada has ranked among the top countries to dispense regulatory guidelines to govern the adoption of crypto among citizens. One of these laws is that only licensed crypto exchanges should operate in the country. That poses the question: “Which crypto exchange is licensed in Canada?” Bitbuy is the only answer you need. Founded…
Bitcoin Traders Beware: Record BTC Futures Leverage Sets Stage for Wild Price Swings
Bővebben: Bitcoin Traders Beware: Record BTC Futures Leverage Sets Stage for Wild Price SwingsBitcoin’s derivatives market is flashing its loudest warning signal in five years as traders pile into highly leveraged positions. According to analyst Axel Adler Jr., August’s 30-day change in the Estimated Leverage Ratio (ELR) went above +0.4 for the first time since 2020, a level that has historically come before periods of volatile price moves…
Ethereum Flashes Once-In-A Decade Bull Signal, Says Analyst
Bővebben: Ethereum Flashes Once-In-A Decade Bull Signal, Says AnalystEthereum’s chart is lighting up with what crypto analyst Kevin of Kev Capital calls a “once-in-a-decade” confluence of bullish signals — patterns and indicators that he says have not appeared together in the asset’s history. In a video update on August 12, Kevin revisited his May forecast for “ETH season” and detailed why the rally…
Analyst Predicts XRP Price Crash Below $3, But There’s Good News
Bővebben: Analyst Predicts XRP Price Crash Below $3, But There’s Good NewsAfter the announcement of the conclusion of the Ripple-SEC legal battle that began in 2020, the XRP price had surged by more than 12% in response. This brought the altcoin back above the $3 level to put the bulls back in charge of the price once again. However, there has been a slowdown in the…
Solana (SOL) Jumps 10%, Bulls Set Sights on a $200 Breakout
Bővebben: Solana (SOL) Jumps 10%, Bulls Set Sights on a $200 BreakoutSolana started a fresh increase from the $175 zone. SOL price is now up nearly 10% and might aim for more gains above the $200 zone. SOL price started a fresh upward move above the $185 and $190 levels against the US Dollar. The price is now trading above $192 and the 100-hourly simple moving…
XRP Price Coiling for a Breakout—Will This Spark the Next Surge Higher?
Bővebben: XRP Price Coiling for a Breakout—Will This Spark the Next Surge Higher?XRP price is consolidating gains below the $3.320 zone. The price is showing positive signs and might aim for a move above the $3.350 resistance. XRP price is struggling to settle above the $3.30 zone. The price is now trading above $3.220 and the 100-hourly Simple Moving Average. There is a bearish trend line forming…
XRP To $12? Analyst Reveals Bold Target From Multi-Year Pattern
Bővebben: XRP To $12? Analyst Reveals Bold Target From Multi-Year PatternAn analyst has pointed out how the breakout from this multi-year long XRP triangle pattern could point to a massive bullish target for the asset’s price. XRP Has Been Shooting Up Since Breaking Out Of This Triangle In a new post on X, analyst Ali Martinez has talked about a multi-year technical analysis (TA) pattern…
Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF Inflow
Bővebben: Ethereum Reclaims $4,600 With Unprecedented $1 Billion In Spot ETF InflowEthereum (ETH) has recently seen a remarkable resurgence, inching closer to its $4,878 all-time high (ATH) record after a prolonged period of consolidation. On Tuesday, ETH broke the $4,600 mark for the first time in years, outperforming other cryptocurrencies, including Bitcoin (BTC) and XRP. Ethereum ETFs Attract $8.2 Billion YTD This price performance is largely…
Bitcoin Pulls Back From $122K, Is the Rally Losing Steam or Just Pausing?
Bővebben: Bitcoin Pulls Back From $122K, Is the Rally Losing Steam or Just Pausing?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…
XRP Fractal Hints at 45% Crash Risk: Could the Post-SEC Rally Already Be Over?
Bővebben: XRP Fractal Hints at 45% Crash Risk: Could the Post-SEC Rally Already Be Over?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. 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…
Bitcoin At Risk Of Pullback As Binance Miner Distributions Spike, Analyst Says
Bővebben: Bitcoin At Risk Of Pullback As Binance Miner Distributions Spike, Analyst SaysAs Bitcoin (BTC) continues to hover just below the $120,000 level, miners have increased transfers to Binance crypto exchange. According to analysts, elevated BTC transfers to Binance could signal an upcoming price correction for the top cryptocurrency. Bitcoin Price Correction Upcoming? According to a CryptoQuant Quicktake post by contributor Arab Chain, there was a significant…
TRON Trading Volume Tops $1B: Could $1 Be the Next Milestone?
Bővebben: TRON Trading Volume Tops $1B: Could $1 Be the Next Milestone?TRON (TRX) has extended its August rally, pushing past key resistance levels as trading volume soared to $1.07 billion in the past 24 hours. The price currently sits around $0.35, marking a 15.3% monthly gain and a staggering 172% surge year-over-year. This momentum places TRX among the top gainers on CoinMarketCap, fueled by a large…
Quantum Computers No Match For Bitcoin’s Math, Google Expert Says
Bővebben: Quantum Computers No Match For Bitcoin’s Math, Google Expert SaysMicrosoft has recently rolled out a chip called Majorana 1 that its engineers say could point the way to building quantum computers with the scale people once only imagined. Google and IBM have also posted progress updates in recent months, and some in crypto called the news alarming. But Graham Cooke, a Google veteran-turned blockchain…
Bitcoin Nears $123K as Whale Addresses Hit All-Time High
Bővebben: Bitcoin Nears $123K as Whale Addresses Hit All-Time HighBitcoin Magazine Bitcoin Nears $123K as Whale Addresses Hit All-Time High Bitcoin is holding strong at around $120,000, sitting less than 3% below its all-time high of $123,180, as whales continue to accumulate large amounts of BTC. According to fresh data from Bitcoin Magazine Pro, the number of addresses holding over 100 BTC has reached…
Biggest Crypto Bull Run In History Is About To Ignite: Top Analyst
Bővebben: Biggest Crypto Bull Run In History Is About To Ignite: Top AnalystMiles Deutscher (631,000 followers on X) believes the crypto market is approaching a confluence of catalysts it has never enjoyed at this scale. In a thread posted on X in the early hours of August 12, the analyst wrote, “The stage is set for crypto’s biggest bull run ever,” arguing that the industry is facing…
Bitcoin 4-Year Rhythm Fades Out As Fresh Market Forces Emerge: Expert
Bővebben: Bitcoin 4-Year Rhythm Fades Out As Fresh Market Forces Emerge: ExpertBitcoin’s famously noted four-year cycle, previously tied to its halving occurrences, could be losing prime market driver status, according to some top experts. For decades, the halving—a built-in reduction of miner compensation every four years—had been preceded by sharp spikes and precipitous drops in price. Now, however, the market is more subject to the influence…