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Bitcoin exchange order-book liquidity is creating the conditions for a giant short squeeze event as traders bet against BTC price upside. Key points: Bitcoin market participants bet on a fresh short squeeze as liquidity piles into exchange order books around price. Late shorts are on the radar after a trip to punish longs the day…
A crypto executive says it is “difficult to pinpoint” exactly where XRP is going, but reclaiming levels above the current all-time high is not off the table. Despite a 10% plunge in XRP over the past 24 hours, the Ripple-linked cryptocurrency is still on track to regroup and surpass its 2018 all-time high, according to…
Ether price pulled back after a relentless run, but lower levels are likely to attract buyers. Key point: Ether shows signs of being overbought, but a shallow pullback suggests the bulls are not hurrying to the exit. SharpLink Gaming and BitMine Immersion Technologies have been on an Ether (ETH) buying spree to take the mantle…
Altseason takes center stage as 71% of Binance Futures volume are altcoins. Key takeaways: Altcoins account for 71% of Binance Futures trading volume, marking a clear shift in trader interest from Bitcoin. Over 32,000 BTC entered exchanges, suggesting profit-taking and potential altcoin rotation amid rising volatility. Read more If you liked the article, do not…
The bitcoin miner plans to repurchase up to 49.9 million shares over the next year as it pivots to high-performance computing and AI infrastructure. Bitcoin mining company Bitfarms has announced a share buyback program, authorizing the repurchase of up to 49.9 million common shares, or 10% of its public float, over the next 12 months. The Toronto…
Ether’s current structure mirrors the Dow Jones’s 1980 bull run, with technical patterns reinforcing the ETH price rally outlook. Key takeaways: Ethereum could surge toward $8,000 as it enters the final phase of a long-term bullish pattern. The pattern is strikingly similar to Dow Jones’s bullish structure from 1980. Read more If you liked the…
Bitcoin and Ether traders are eyeing price milestones into the weekly close, with a resistance trend line keeping BTC bulls from heading to all-time highs. Key points: Bitcoin market participants expect a resistance trend line breakout, with nearby targets including $125,000. Attention continues to focus on altcoins while Bitcoin consolidates, with Ether reaching seven-month highs….
Google Gemini could help traders break down the news, track sentiment and turn headlines into actionable crypto trading strategies. Google Gemini can break down complex crypto news, like new US legislation, by pulling clear summaries from trusted sources. By scanning reactions on X, Gemini reveals how investors feel about the news, helping traders gauge short-term…
During their bull runs, XLM and XRP often move in sync, with a high correlation coefficient typically topping 0.70. Will history repeat for Stellar? Key takeaways: XLM eyes a 35% breakout toward $0.63 as it tests an ascending triangle resistance. A strong historical correlation with XRP suggests that XLM could continue rallying. Read more If…
XRP’s rally to $3.66 all-time high came amid the passage of major crypto bills in the US House, and other positive fundamentals boosting investor confidence. Key takeaways: XRP price surged 22% over the last 24 hours, reaching a new all-time high of $3.66. Favorable regulatory action in the US is adding tailwinds. Read more If…