Ethereum price found support near the $4,200 zone and started a fresh surge. ETH is rising and might soon aim for a move above the $4,620 zone. Ethereum started a fresh increase above the $4,250 and $4,350 levels. The price is trading above $4,400 and the 100-hourly Simple Moving Average. There is a bullish trend…
As Bitcoin (BTC) steadily marches toward setting another all-time high (ATH), the cryptocurrency’s adoption is rising in parallel. In a recent X post, Vetle Lunde, senior analyst at K33 Research, highlighted that Norway’s Sovereign Wealth Fund has increased its indirect exposure to BTC. Norwegian Sovereign Wealth Fund Increased Bitcoin Stack Lunde noted that Norway’s sovereign…
Bitcoin maintained its role as the market’s anchor asset in July, to a fresh record of $123,000. Its performance, however, coincided with a notable change in market structure as investor capital flowed aggressively into altcoins. According to Binance Research’s market insights shared with CryptoPotato, Bitcoin’s dominance fell by 5.2% to 60.6%. During the same period,…
Pantera Capital disclosed for the first time that it has so far invested $300 million in digital asset treasury companies (DATs), according to its Blockchain Letter published August 12. Pantera: DATs Deliver Higher Yields Than Spot Holdings Pantera’s DAT portfolio includes investments in BitMine Immersion, Twenty One Capital, DeFi Development Corp, SharpLink Gaming, Satsuma Technology,…
Welcome to the Asia Pacific Morning Brief—your essential digest of overnight crypto developments shaping regional markets and global sentiment. Grab a green tea and watch this space. Kazakhstan debuts Central Asia’s first Bitcoin ETF while Vietnam partners with Korea’s Upbit for crypto exchange development. Meanwhile, Japan’s Quantum Solutions expands Bitcoin treasury holdings, signaling growing institutional…
Ether, the native asset of Ethereum, outpaced the broader crypto market on Wednesday, climbing as much as 7% to $4,624. The rally leaves the world’s second-largest digital asset just 5.4% shy of its record high set in Nov. 2021. The surge comes as demand from institutional investors and corporate treasuries accelerates. Ethereum-focused treasuries, listed entities…
An 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…
Bitcoin price is correcting gains below the $121,200 zone. BTC is now consolidating and might aim for a move above the $120,500 resistance zone. Bitcoin started a downside correction below the $121,200 zone. The price is trading above $118,000 and the 100 hourly Simple moving average. There is a bullish trend line forming with support…
Chainlink (LINK) has surged over 27% in the past week, breaking above $21, as institutional adoption and whale accumulation fuel bullish momentum. The oracle network’s deepening partnership with SWIFT now connects more than 11,000 financial institutions to both public and private blockchains, positioning Chainlink as critical infrastructure in the transition from traditional banking to blockchain…
Bitcoin Cash has defied the broader crypto market downturn of the past 24 hours to record a modest 3% gain. The move marks a continuation of BCH’s recent rally, which began on August 3. Trading at $590.30 at press time, the altcoin’s price has since soared 14% and is poised to keep increasing. BCH Defies…