Tag: Crypto

Cardano’s (ADA) Retail Traders Turn Bearish: But Whales May Smell a Bargain

Cardano (ADA) briefly fell to $0.78 this week amidst increased volatility in the crypto market. While it has since recovered, the subsequent change in crowd sentiment around the asset may open up a potential buying opportunity. Hidden Buying Opportunity While retail traders have historically fueled short-term price moves with...
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Whales Are Buying ETH Again, But Is a Rally Still Possible?

TL;DR Mega whales paused after adding 2M ETH, while large whales resumed buying with 400K ETH. The asset trades below $4,500 resistance as smaller whales buy, but stronger momentum may require more. BitMine and new wallets bought $349M ETH, showing strong interest despite slower ETF inflows. Market Caught Between...
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Bitcoin, Ethereum Brace For US Labor Data As Experts Warn Of Cross-Asset Volatility

Markets are preparing for pivotal U.S. labor market data, with jobless claims due Thursday and the non-farm payrolls report scheduled for Friday. Analysts say the figures will provide critical input for Federal Reserve policymakers, who are balancing persistent inflation pressures against signs of cooling employment. The Fed’s mandate requires...
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Best Cryptos to Buy as ChatGPT Predicts $400 Solana By Year’s End

With gains of over 2,500% in just the past three years, there’s hardly a token more deserving of a seat at crypto’s headquarters than Solana ($SOL). And it offers more than just raw gains. Thanks to its unique Proof of History design, low costs, and comparatively simple user experience,...
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Solana price prediction: Can SOL trade higher on ETF optimism?

With a daily trading volume of nearly $6.0 billion, Solana is currently trading at approximately $206.8, indicating a modest decline of around 0.85% over the past day. The much-awaited Alpenglow upgrade and the continued confidence surrounding ETFs are the two…...
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PEPE Faces 15% Downside Risk as Trading Volumes and On-Chain Activity Plunge

Meme-inspired cryptocurrency PEPE (PEPE) is under pressure after slipping below a key support level, sparking warnings of a possible 15% drop. The move comes as trading volumes fell to $980 million and open interest contracted 4% to $535 million based on CoinGlass data, signaling waning conviction among traders. Derivatives...
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Bitcoin Options Tilt Bearish Ahead of Friday’s Expiry: Crypto Daybook Americas

By James Van Straten (All times ET unless indicated otherwise) September has started much like August ended, with low volumes, subdued volatility, and most of the market-moving headlines coming from traditional finance. Gold rose to $3,560 before easing back, while government bond yields globally retreated from recent highs. Bitcoin...
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Strategy’s Cycle Peak Aligned with IBIT Options Debut Last November

When BlackRock’s iShares Bitcoin Trust (IBIT) options went live on Nov. 19, trading activity exploded, reaching over $2 billion in volume on day one. Around the same time, Strategy’s (MSTR) multiple to net asset value (mNAV), calculated by dividing its enterprise value by its bitcoin (BTC) NAV, hit a...
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ICP Stabilizes Around $4.8 After Heavy Volatility

Internet Computer Protocol (ICP) experienced heavy volatility during the last 24 hours, as prices swung between $4.77 and $4.94. The action reflected both aggressive buying pressure and equally strong selling, leaving the token stabilizing near $4.8. The most dramatic move came as ICP rallied sharply to $4.94 around midnight,...
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