Author: Digicoinvision
Crypto regulation is on the brink of transformation as U.S. and U.K. leaders push to align on digital asset sandboxes that could reignite blockchain innovation and remove compliance roadblocks. SEC’s Peirce Calls for US-UK Crypto Sandbox Alliance to Unleash Digital Asset Innovation U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce stated on July 16 […]
After a prolonged period of stagnation, Ethereum appears to be regaining its value. Partially, Ether’s success on the market can be attributed to the actions of Wall Street analyst Thomas Lee, who launched an Ethereum treasury after joining Bitcoin mining company BitMine. Some have even christened Lee an Ethereum savior. Who is he? Will he drag Ethereum out of crisis? Ethereum frontman Lee is a financial analyst, a frequent speaker on CNBC, and the CIO at wealth management firm Fundstrat, which he co-founded. He also has a background at JPMorgan and regularly appears in financial publications. What is more important…
Key takeaways Ethereum Classic surged 17% to $25.59 with $1 billion volume and $3.9 billion market cap, at press time. Despite overbought RSI and rising shorts, strong buying and accumulation could push ETC toward $29 or trigger a pullback. Ethereum Classic [ETC] soared 17.27% hitting a 6-month high of $25.59 before slightly retracing to $24.8 at press time. Over the same period, trading volume surpassed $1 billion, representing a 290% increase, reflecting a significant capital inflow. Equally, the altcoin’s market cap reached $3.9 billion for the first time in 6 months. But why is ETC showing resilience amid a broader…
Key points:Ether is currently forging a short squeeze that stands out in crypto history, says analysis.A 10% price increase would see another $1 billion in liquidated shorts.Shorts should now fuel a $4,000 ETH price rebound.Ether (ETH) is “making history” as ETH price gains spark a short squeeze for the record books.Fresh analysis from trading resource The Kobeissi Letter issued Friday now sees ETH/USD hitting $4,000 “soon.”Ether shorts risk punishment as ETH eyes 2025 highs Ether price strength has become one of July’s crypto market standouts as altcoins slowly begin following Bitcoin (BTC) higher.As the largest altcoin by market cap, Ether…
The XRP price is on the rise once again after clearing the resistance that had mounted at the $3 level. This resistance has now been turned into support as the price is now only 15% from its all-time highs of $3.84. Amid this, expectations have begun to rise that the XRP price will reach new all-time highs from here. It suggests that there is still another move coming for the digital asset that could send it higher, and one analyst has advised investors to get ready to sell. XRP’s Next Surge Is A Good Time To Sell In an X…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the Ethereum futures volume has flipped that of Bitcoin, a sign that strong speculative interest is flooding into the asset. Ethereum Futures Volume Has Shot Up Alongside Price Rally According to data from the analytics firm Glassnode, Ethereum has managed to surpass Bitcoin in terms of futures trading volume again. The trading volume here naturally refers to the amount of trading that a given asset saw on the different centralized exchanges during the past day. In the context of the current topic, the volume associated…
The crypto landscape has been going through a gradual upward momentum on Friday. In this respect, the total crypto market capitalization has reached $3.89T following a 2.00% upsurge. In addition to this, the 24-hour crypto volume has jumped by 9.66% to reach the $236.67B mark. At the same time, the crypto Fear & Greed index shows substantial “Greed” while accounting for 71 points. Bitcoin Records 1.53% Dip and Ethereum Plunges by 0.02% Particularly, Bitcoin ($BTC), is witnessing a notable bull vs bear tug while changing hands at $118,294.79. In this respect, the flagship cryptocurrency has been experiencing huge fluctuations over…
Bitcoin is currently consolidating between $115,000 and its all-time high of $123,000, forming a tight range that has kept both bulls and bears on edge. Despite the recent surge, price action has slowed, and while bulls are holding strong above key levels, market participants are growing cautious about the potential for a correction. Related Reading Adding to the uncertainty is the resurfacing of a Satoshi-era whale. Top analyst Darkfost has been tracking this long-dormant wallet, which recently transferred 80,000 BTC to Galaxy Digital, a major player in digital assets and AI infrastructure. The move immediately triggered speculation across the crypto…
Bullish, a cryptocurrency exchange owned by Bullish Global, has filed for an initial public offering (IPO) in the United States. The Cayman Islands-based firm plans to list its ordinary shares on the New York Stock Exchange (NYSE) under the ticker symbol “BLSH.”The exact number of shares to be offered and the price range remain unspecified, according to a Friday F-1 registration statement filed with the US Securities and Exchange Commission (SEC). However, the exchange has granted the underwriters a 30-day option to purchase additional shares.For fiscal year 2024, Bullish reported a net income of approximately $80 million. However, despite this…
Key takeaways:XLM hit a yearly high of $0.52, with immediate targets set on cycle highs at $0.63.Peter Brandt said XLM has the most bullish chart, with $0.20 as support and $1 as the breakout level.Stellar Lumens (XLM) rallied to $0.52 on Friday. The move follows an 87% over the last seven days and mirrors similar gains from XRP (XRP). On Friday, XRP reached new year-to-date highs at $3.65, and XLM could follow suit as both assets share a 100-day correlation index of 0.95.XLM one-month chart. Source: Cointelegraph/TradingViewIs XLM is the most bullish chart?Veteran trader and analyst Peter Brandt said XLM…