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…
Ethereum (ETH) has recently seen a remarkable resurgence, inching closer to its $4,878 all-time high (ATH) record after a prolonged period of consolidation. On Tuesday, ETH broke the $4,600 mark for the first time in years, outperforming other cryptocurrencies, including Bitcoin (BTC) and XRP. Ethereum ETFs Attract $8.2 Billion YTD This price performance is largely…
XRP has experienced strong price performance in recent weeks, climbing over 12% in the past month and reclaiming notable price levels. However, as of the latest trading session, the asset is showing signs of correction. At the time of writing, XRP is valued at $3.17, representing a 1.2% decline over the past 24 hours from…
In a transformative moment for the cryptocurrency industry with new regulations coming from the US, major financial institutions are setting their sights on stablecoins, thanks to the recent passage of the GENIUS Act. This regulatory framework, part of President Donald Trump’s vision to position the US as the global leader in cryptocurrency, has prompted banks…
Circle, the issuer of USD Coin (USDC), has announced plans to introduce its own Layer 1 blockchain, Arc, designed specifically for stablecoin-focused applications. The launch follows the company’s $1.2 billion initial public offering (IPO) in June and is scheduled to debut on a public testnet later this fall. According to Circle, Arc will be an…
Cathie Wood’s Ark Invest has increased its exposure to Block Inc., purchasing $19.2 million worth of shares across three of its exchange-traded funds as the fintech firm expands its Bitcoin holdings. According to Ark’s latest trading disclosure, the ARK Innovation ETF (ARKK) acquired 152,980 shares, the ARK Next Generation Internet ETF (ARKW) bought 69,526 shares,…