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Search Results for: crypto market

Can Ethereum Surge Beyond $4K Amid the Ongoing Rally?

Ethereum, the second-largest cryptocurrency by market capitalization, experienced a significant surge of nearly 30% yesterday, surprising investors. This comes as Ethereum’s price movement has been relatively stagnant since the start of 2024, even as Bitcoin surged past $73,750.07. Yesterday, Ethereum hit a two-month high of $3,841. Currently, ETH is trading

May 22, 2024 2 mins read

Dogecoin (DOGE) Price Primed for Gains as Short Liquidations Trigger Recovery

Dogecoin (DOGE), the popular meme coin, is poised for potential gains as the recent price increase has triggered a recovery in the market. The short liquidations observed over the past 24 hours have historically been followed by a rise in price, which could also be the case this time around.

May 22, 2024 2 mins read

Cardano (ADA) Rally Pushes 1.9 Million Addresses into Profit as Price Surges

Cardano (ADA) has been riding the wave of the recent cryptocurrency market rally, which has been led by Bitcoin (BTC). As Bitcoin breached the $71,000 resistance level yesterday, ADA also experienced significant gains, with its price spiking from $0.4646 to a daily high of $0.5090. Like most crypto assets, ADA

May 22, 2024 2 mins read

Ethereum Contracts Reach Record High, Surpassing $14 Billion

The crypto market continues its potent shifts as Ethereum (ETH) contract holdings surpass a notable landmark. According to recent data from Coinglass, the total value of ETH held in contracts has exceeded $14 billion, reaching a new record high since November 2022.  This marks a significant moment for the Ethereum

May 21, 2024 2 mins read

Ethereum Price Soars 17%, Should Investors Bet For the $4K Bullish Rally?

The entire crypto market has leaned toward an upsurge, rising its valuation to $2.6 trillion. Bitcoin and the family of altcoins have experienced price hikes. Over the past 24 hours, Ethereum (ETH), is spearheading the bullish rally with a 17% surge in price and by breaking recent resistance levels. The

May 21, 2024 2 mins read

Investors Anticipate Fed Minutes for Insights on Future Monetary Policy

The minutes from last week’s Federal Reserve meeting and Nvidia’s massive earnings release will be the economic highlights. Markets might be somewhat swayed by news on consumer inflation predictions and global manufacturing and services indices. A first occurred last week when the DJIA, the U.S. stock market index, surpassed the

May 20, 2024 2 mins read

How Programmability is Driving Bitcoin’s Demand and Value?

Bitcoin dominates the crypto market and is often considered digital gold. It seems primarily to be a digital store of value and is trying new dimensions to transform its functionality and appeal. After the halving and approval of ETFs, what will further lead to the value of BTC is the

May 20, 2024 2 mins read

BONK Signals Strong Recovery, What You Need to Know?

Last week, the cryptocurrency market experienced a significant resurgence, with the global market cap increasing by 8%, reaching $2.44 trillion. This rise represents an over $150 billion gain, bolstered by substantial increases in most leading cryptocurrencies. Bitcoin, in particular, made notable strides, surpassing the $67,600 mark overnight. Following this overall

May 20, 2024 2 mins read
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