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Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations

Bitcoin News

While Bitcoin maintains its price above the $60,000 range, some institutional investors are positioned for a positive price trajectory with call options betting on up to $100,000 come year-end. Despite recent pressures from substantial Bitcoin liquidations by the Mt. Gox distribution and sales by the German government, Bitcoin’s price remains notably resilient. These developments indicate…

Is Bitcoin Poised for a Breakout? $100K Call Options Signal Big Expectations Read More »

Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7%

Cryptocurrency Market News

On Thursday, the Polygon Foundation announced the date for its upcoming MATIC to POL upgrade after reaching a community consensus. The long-awaited token migration will occur in less than two months and aims to kickstart Polygon’s native token expansion. MATIC saw a 7% drop following the news. Save The Date: Polygon Token Upgrade Coming Soon…

Polygon Announces Date For MATIC To POL Token Upgrade, Price Drops 7% Read More »

Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current Rally

Bitcoin News

Bitcoin price has rallied above the $64,000 mark. Glassnode, a market intelligence platform, has price movement to a significant easing of sell-side pressure, particularly from the German government. Exhaustion of Sell-Side Pressure According to the on-chain data provided by Glassnode, the recent uptick in Bitcoin’s price is largely due to what they describe as the…

Behind Bitcoin’s Surge Above $64,000: Here Are The Key Drivers of the Current Rally Read More »

FET Surges 12% Ahead Of ASI Token Merger Phase 2, Can It Hit $5?

Cryptocurrency Market News

The now-rebranded Fetch.AI (FET) regained the $1.4 price range amid the market recovery and is currently testing the $1.5 resistance level. Over the weekend, the AI token saw a nearly 40% recovery and seems to be preparing for a breakout. Market watchers have predicted short and long-term targets for the token after the Artificial Superintelligence…

FET Surges 12% Ahead Of ASI Token Merger Phase 2, Can It Hit $5? Read More »

Memecoins Reign Continues: Most Popular Narrative In Q2 – CoinGecko Report

Cryptocurrency Market News

Following the highs of 2024’s first quarter (Q1), the crypto market faced a retrace during the second one (Q2). Despite this, Memecoins has remained the reigning champion of the market for the last three months. Total Crypto Market Cap Falls 14% In Q2 On Tuesday, CoinGecko released its 2024 Q2 Crypto Industry Report. In the…

Memecoins Reign Continues: Most Popular Narrative In Q2 – CoinGecko Report Read More »

Bullish Return: Institutional Investors Pour $1.44 Billion Into Crypto In One Week

Crypto

Crypto investment products have experienced another week of inflows to build upon inflows witnessed in the prior week. According to data from CoinShares, digital asset investment products recorded $1.44 billion worth of inflows last week, which is a further indication of the return of bullish momentum into the crypto industry. This brings the total inflow…

Bullish Return: Institutional Investors Pour $1.44 Billion Into Crypto In One Week Read More »

Whale Makes $8 Million With Trump-Inspired Memecoin As PolitiFi Tokens Soar

Cryptocurrency Market News

The Trump-inspired tokens surged around 40% following Donald Trump’s assassination attempt. As a result, PolitiFi tokens closed the week, outperforming most categories in the industry. The remarkable performance earned some crypto whales millions in profits from the MAGA (TRUMP) memecoin. Crypto Whale Profits From TRUMP Memecoin On Sunday, on-chain tracking platform Lookonchain reported that a…

Whale Makes $8 Million With Trump-Inspired Memecoin As PolitiFi Tokens Soar Read More »

Bitcoin Dominates as Crypto Funds Attract $1.44 Billion in Fresh Capital, Rally To Begin?

Bitcoin News

Following Bitcoin’s gradual rebound seen last week, the global crypto investment products also appear to have witnessed a notable influx of funds, with a substantial $1.44 billion pouring in over the same period. According to CoinShares, a leading crypto asset management firm, this surge has pushed the year-to-date total to top roughly $17.8 billion, highlighting…

Bitcoin Dominates as Crypto Funds Attract $1.44 Billion in Fresh Capital, Rally To Begin? Read More »

JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here’s When

Bitcoin

American multinational finance company, JP Morgan has maintained a bullish stance on the Bitcoin price outlook despite recent bearish trends. The bank has announced the timeline for the conclusion of the ongoing BTC liquidations, predicting a subsequent rebound in the market.  JP Morgan Predicts Bitcoin Market Rebound In August In a research report on Wednesday,…

JPMorgan Says Crypto Liquidations Will End And Bitcoin Bull Market Will Begin, Here’s When Read More »

Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally

Cryptocurrency Market News

Amid the market slowdown, crypto analysts believe Ethereum (ETH) might be ready to retest key resistance levels again. Meanwhile, investors are expectant about the second-largest cryptocurrency performance as the final approval of spot ETH ETFs (exchange-traded funds) approaches. Is Ethereum ETFs Approval Already Priced In? The upcoming approval of spot Ethereum ETFs has crypto investors…

Is Ethereum (ETH) About To Retest $4,000? Analyst Foresees 3x Rally Read More »

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