Author: WebDesk
The on-chain analytics firm Glassnode has revealed Bitcoin has recently been trading within a short-term band that has its upper level currently located at $117,000. Bitcoin Is Trading Between These Two Short-Term Holder Price Bands In a new post on X, Glassnode has discussed about the short-term price band that Bitcoin has been trading inside lately. The band in question is based on two levels relevant to the short-term holders (STHs), investors who purchased their coins within the past 155 days. The indicator related to the STHs that’s of interest here is the Realized Price, which keeps track of the…
A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector. Backed by high-profile investors such as Peter Thiel’s Founders Fund and Joe Lonsdale […] Credit: Source link
We recently shared our thoughts on Bonk price in a previous blog (read it here). That trade played out well. Naturally, Bonk is back on our watchlist. And yes — we longed it again.Today, we’ll explain why we’re bullish once more, and we’ll share our trade setup. Improve your trading edge with our series of trading guides Bonk Price Action Signals a Fresh StartBonk is showing early signs of recovery after weeks of downside pressure. On the 4-hour chart, the Bonk price hovers around $0.00001506. It recently broke out of a six-week falling wedge pattern. This move aligns with a completed…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure London is the stage for Ripple’s latest stable-asset advance this morning as the enterprise blockchain firm unveiled a strategic partnership with U.K.-based banking-as-a-service provider OpenPayd. The tie-up folds OpenPayd’s real-time payment rails, multicurrency accounts and virtual IBANs directly into Ripple Payments, extending instant EUR and GBP settlement to the product’s near-global payout network, which already covers more than 90 percent of daily FX flows and has processed over $70 billion in volume. Ripple Goes Full Throttle On Stablecoins At the heart of the deal sits Ripple USD…
XRP, the cryptocurrency associated with XRP Ledger, bounced over 4% on Wednesday, July 3, to reach a trading price of $2.26. While this buying pressure was kick-started by a broader market recovery, the remittance token gained additional momentum when Ripple filed for a U.S. banking license. Will the approval boost XRP’s utility narrative and surge its price past $3? XRP Gains 4% as Ripple Files for U.S. Banking License In the last two weeks, the XRP price bounced from the $1.9 floor to its current trading value of $2.25, registering an 18% gain. The recovery gained additional momentum as the…
The first U.S. exchange-traded fund (ETF) offering exposure to Solana (SOL) with built-in staking rewards has officially launched, attracting $12 million in inflows and generating $33.6 million in trading volume on its debut day. (Source: SolanaFloor on X) REX-Osprey Solana + Staking ETF (SSK) became the first regulated investment vehicle to combine SOL price appreciation with staking yield. It is custodian by Anchorage Digital. While it outperformed SOL and XRP futures ETFs in initial demand, it still lagged behind the massive trading volumes of spot Bitcoin and Ether ETFs. The debut of the SOL staking ETF has also benefited the…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. LILPEPE under $0.002 is gaining fast as investors eye it to rival ADA, TRX, and DOGE in the next major bull run. As the cryptocurrency market braces for its next major bull run, investors are actively seeking low-entry, high-upside opportunities that can outperform established giants. While Cardano (ADA), Tron (TRX), and Dogecoin (DOGE) remain top-10 mainstays, a new token priced below $0.002 is rapidly emerging as a serious contender to flip them at the peak of the next cycle:…
Ripple Labs penetrated the financial markets by solving a key issue that was plaguing the global banking sector for decades. It provided banking clients with a product to seamlessly facilitate money transfers with the help of blockchain technology. Leading financial institutions like Bank of America and JP Morgan are using Ripple’s services to secure their transactions. Despite the partnerships with top banks and fintech firms, Ripple’s XRP has barely surged in price.Also Read: XRP’s W-Pattern Targets $40 as XRPL EVM Sidechain Goes LiveWhy XRP Does Not Surge When Ripple Partners With Major Banks?Source: BitcoinistEven after banks extend partnerships with Ripple…
After closing June in the highest monthly close since inception, Bitcoin (BTC) price has signaled bullish sentiment in July. The flagship coin surged 4 percent on Wednesday, July 2, to trade at about $109,420 during the mid-North American trading session.However, BTC price has not fully invalidated the midterm bearish sentiment. As Coinpedia reported, BTC price faced midterm bearish sentiment caused by significant cumulative short leverage trades and consistent negative funding rates.Factors that Will Impact Bitcoin Price Action in JulyAs Coinpedia has pointed out, BTC price has gradually mirrored the exponential growth of the global money supply (M2). The need by…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Tron (TRX) is currently navigating a prolonged consolidation phase that began in December 2024, with prices oscillating between key levels and no clear breakout direction in sight. Despite this range-bound action, Tron remains firmly in the spotlight as fundamental developments capture market attention. The most significant…
