Coinbase Stock Rises 5% After $2.9 Billion Deal To Acquire Deribit
One of the world’s largest cryptocurrency exchanges, Coinbase, announced on Thursday that it has agreed to acquire Dubai-based crypto derivatives exchange Deribit, for $2.9 billion, marking the largest deal in the crypto sector to date. Coinbase Expands Global Reach With Deribit The acquisition, announced on Thursday, involves a substantial financial commitment, with $700 million in…
Ethereum ‘Insanely Undervalued’ As Accumulation Addresses Keep Stacking – Is A Rally Imminent?
According to a recent X post by crypto trader Coinvo, Ethereum (ETH) is ‘insanely undervalued’ at its current price. Several on-chain metrics appear to support Coinvo’s assessment, as ETH accumulation addresses continue to stack the digital asset despite lackluster price performance over the past few years. Ethereum May Be Due A Rally Soon Although ETH…
Ethereum Holders Stay Committed Despite Unrealized Losses – Signs Of An Incoming Rally?
According to a recent CryptoQuant Quicktake post, Ethereum (ETH) accumulation addresses are continuing to stack ETH despite mounting unrealized losses. In the analysis, CryptoQuant contributor Carmelo Aleman noted that these addresses have increased their exposure to ETH, even as the asset trades well below recent highs. Ethereum Holders Are Staying Put Despite Unrealized Loss Since…
Bitcoin Hits 6-Month High In Active Addresses: Is $100K The Next Target?
Bitcoin bulls are trying to push higher from just under $97,000, attempting to confirm its latest breakout above a multi-day consolidation range. After stalling near $95,000 for over a week, Bitcoin broke out to $97,000 before reversing and forming a fair value gap. This has led to a surge in activity on the Bitcoin blockchain,…
XRP Price Cross That Led To 20x Rally In 2017 Returns
XRP has started May with a choppy price action between the lower and upper ends of $2.195 and $2.25, respectively, in the past three days. Although XRP has spent the majority of the past two months correcting from the peak price of $3.3 in January, its 2-month candlestick is showing a strong green body, a…
Strategy’s $84 Billion Bitcoin Appetite: Michael Saylor Goes All In (Again)
Strategy, previously known as MicroStrategy, earned a $5.8 billion profit on its Bitcoin investments in the first quarter of 2025. The company now wants to pour even more money into the cryptocurrency, according to details provided by Executive Chairman Michael Saylor. Bitcoin Yield Expands As Company Increases Holdings The business intelligence firm experienced its Bitcoin…
Bitcoin Battles Key Resistance Level – Is A Breakdown Imminent?
Bitcoin (BTC) continues to hover in the mid-$90,000 range, posting modest gains over the weekend following reports that China has exempted certain US-based products from a 125% tariff rate. However, the leading cryptocurrency now faces a critical resistance level that could determine its near-term price trajectory. What Do On-Chain Metrics Indicate? In a recent CryptoQuant…
Bitcoin Faces Make-Or-Break Battle As 1.76 Million BTC Cluster Between $94,125 And $99,150
Bitcoin has entered an important zone in recent days, with the $94,500 price area standing out as an increasingly important battleground for its short-term trajectory. Although the leading cryptocurrency has made several attempts to clear this region during its latest rally, it has faced repeated rejections, highlighting the presence of strong resistance. Despite these setbacks,…
Dogecoin Confirms Daily Trend Reversal With Breakout, Retest And New Uptrend
Dogecoin’s price is entering a new bullish phase after months of decline. Technical analysis of the daily candlestick timeframe chart shows that the popular meme cryptocurrency is flashing a trend reversal, hinting at a significant shift from bearish to bullish momentum. Analyst Flags Daily Trend Reversal On Dogecoin Chart A prominent crypto analyst known as…
Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View
Ethereum, the second-largest cryptocurrency, has increased by 12.3% over the past seven days. Interestingly, Ethereum has held its ground firmly, supported by a clean uptrend that began after the sharp recovery from $1,550 that kicked off on Tuesday. As it stands, the Ethereum price is at an important technical phase after retesting the $1,799 resistance…