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Ethereum Faces More Upside Ahead With Eyes Glued to $6,000 As ETH Whales Go on a Buying Spree
Ethereum (ETH) seeks to follow in Bitcoinâs footsteps as the second-largest cryptocurrency based on market value, and it is showing heightened efforts to soar to a new all-time high (ATH).
Calling out this development, on-chain metrics provider Globe of Crypto pointed out, âForming an ascending triangle in 1WTF. Breakout can provide a massive bullish rally towards $5500 â $6000 in coming weeks.â
Based on this analysis, Ethereum will have to breach major resistance at the $3,600 zone if this pr
Cardano, Elon Musk, and SpaceX: Whatâs Brewing Under an NDA?
Charles Hoskinsonâs recent trip to SpaceX headquarters has sparked major interest. The Cardano founder shared his experience in a YouTube vlog, but much of the discussion remains a mystery. What was discussed behind closed doors? Is there more to this visit than just a tour?
Hoskinson was impressed. âThey build a rocket every two days. These guys are on fire!â he said. He toured the SpaceX facility in California, where the teamâs passion and focus stood out. âWeâre going to Mars!â he recalled h
Metaplanet Follows MicroStrategyâs Footsteps, Announces $12M Bond Issuance to Buy More Bitcoin
Japanese public company Metaplanet has announced the issuance of a new series of one-year ordinary bonds worth 1.75 billion yen (approximately $12 million) to purchase additional Bitcoin (BTC).
The investment firm has adopted the playbook of U.S.-listed business intelligence firm MicroStrategy by borrowing money at a low interest rate to boost its holdings of the largest cryptocurrency.
Metaplanet Is Raising Debt To Buy More BTC
Tokyo-listed Metaplanet revealed on Nov.18 that its board of dir
XRP At $15 Price Becomes Part of the Bigger Picture After 90% Rocket Move in a Week
XRP rallied 80% in one week, surging past $1 for the first time in three years. Its market capitalization hit $61.4 billion, pushing Dogecoin (DOGE) to seventh place. Whale activity and hopes for regulatory clarity fueled the surge.
On Saturday, XRP reached $1.26, its highest since November 2021. The price jump marked an 85% weekly increase. Whale wallets holding 1â100 million XRP accumulated 453.3 million tokens worth $526.3 million, Santiment data shows.
Cardano Foundation Holds 82% of Assets in ADA As Funds Hit $478 Million
The Cardano Foundation, a body tasked with developing the network, released its latest insight report. The non-profit group holds assets totaling $478 million and seeks to demonstrate its transparency and organization in many areas, including education, resilience, and adoption. Blockchain foundations are usually the pillars behind successful networks, working with communities and stakeholders to boost innovation that drives adoption.
Bitcoin Whales Are Embracing Binance As Exchange Battle Thickens
Binance Exchange has recorded an increasing number of whale activities in the market. The current bull cycle introduced new changes across on-chain and institutional data in digital assets. Bitcoin soaring to new highs boosted activity and attracted new capital inflow. Meanwhile, centralized crypto exchanges ramp up expansion efforts to lead the onboarding of new users to web3.
Binance Dominate Whale Transactions
The worldâs largest exchange by trading volume has increased its market share of
Toncoinâs Supply Analysis Points to Spike in User Activity, Whatâs Next for TON Price?
The Ton Network remains among the fastest-growing blockchains this year. This comes on the heels of massive inflows and soaring bullish sentiments in various market sectors. TON price trades at $5.60, a double-digit surge in the last seven days. This year, TON soared uphill due to the launch of games and the onboarding of new users. On-chain factors have shown a possible pathway to drive growth.
Supply Spikes To 5.1 Billion
On-chain data shows that the assetâs supply stands at 5.1 billion TON,
Trump Presidency Unlocked $800 Billion for US Crypto, Says Ripple CEO As ADA, SOL, and XRP Eye Go...
Shortly before Donald Trump was officially announced to be the next president of the United States of America on November 6, 2024, the entire crypto market started to heat up. Bitcoin rallied to its new ATH above $93,000 on November 14 in proximity of the psychological $100,000 level.
The optimism comes from investors who believe that Trumpâs administration is favorable to cryptocurrencies and other policies, such as reducing the corporate tax rate from 21% to 15%.
Dogecoin Co-Founder Floats Epic Idea of U.S. DOGE Strategic Reserve Amid Latest Price Boom
Now that Donald Trump is set to be the next president of the United States, a strategic Bitcoin reserve could become a reality soon. Interestingly, Dogecoin creator Billy Markus (also known as Shibetoshi Nakamoto on X) has suggested that the OG meme coin should follow Bitcoinâs lead and become a strategic national reserve asset.
âWhy not national Dogecoin reserve tho [sic],â Markus said in a Nov. 15 post.
Whale Activity Sparks Solana Rally, SOL Jumps 34% in a Week
Solanaâs recent surge has captured the crypto marketâs attention. SOL has been up 34% in the past week, surpassing $200 for the first time since April.
The catalyst? Whale activityâparticularly a significant accumulation by a single Solana whale- seems to have reignited bullish momentum for the blockchainâs native token. With SOL gaining 41.12% in the past month, crypto traders and analysts are paying close attention to whatâs driving the uptrend and what lies ahead for Solana.
Cardano (ADA) to Dip to $0.45? â Analysts Predict Buying Opportunity Ahead of $1.20 Target
The last few weeks have seen Cardano (ADA) on a strong run, moving to a seven-month high and turning the heads of investors further afield. That said, the altcoin could soon experience a wake-up call.
Now, as ADA is trading at $0.72, analysts are predicting that the market could actually drop to around $0.45 due to increased buying pressure.
However, this pullback can be precisely the buy signal needed. With a medium-term target of $1.20, let us dissect the factors behind the price of ADA and
XRP Hits Coveted $1 Milestone for First Time Since 2021 As Ripple CEO Says âPressure Now Liftedâ
Rippleâs chief executive officer, Brad Garlinghouse, has shared his views on XRP and its spectacular price performance in recent days.
Notably, the price of XRP has recently outperformed the rest of the crypto market as the crypto rally cools off. Data from CoinGecko shows XRP jumped from a low of $0.68 on Nov. 14, climbing past the $1 mark on Nov.16 for the first time since 2021.
Garlinghouse attributed XRPâs strong price action to the promising regulatory outlook in the United States under P
Whales Transfer Bitcoin and Ether Holdings to Exchanges, Is a Price Correction Imminent?
Crypto whales are resurfacing in the market, looking to rake in gains amid the renewed price surge. On-chain data shows huge transfers of top assets to popular centralized exchanges. This looks to create a short-term correction in several coins following weeks of price jumps. Generally, the bull cycle drives whales to purchase tokens and sell previously acquired assets for profit. Although movements might lead to slight exits, market commentators argue that this is a natural course of events.
These On-Chain Factors Position Solana for Next Surprising Eruption
Solana (SOL) has posted decent inflows amid the surge in crypto. The asset described as an institutional investor favorite is expected to see a bull takeover still on the wider market sentiment. Major reasons for this include its meme coin activity, the decentralized finance market, and Bitcoinâs price jump. In the last 24 hours, SOLâs price traded sideways at $210, with a weekly rally of 9% and monthly figures rising to 37%.
The recent price surge and on-chain factors have led to users expecti
Bitcoin Permabull Michael Saylor Believes BTCâs on Track to Hit $100K Before Year-End
Vigorous Bitcoin evangelist and MicroStrategy Executive Chairman Michael Saylor is more bullish than ever about the price of the premier cryptocurrency now that President-elect Donald Trump is set to take office in January.
Saylor plans to have a New Yearâs Eve party when BTC reaches the long-awaited $100,000 mark, which he expects by the end of this year.Â
Crypto To Benefit From Trumpâs Election Victory
Speaking to CNBC on Thursday, MicroStrategy founder Michael Saylor forecasted that Bitcoi
Crazy Breakout Ahead? Solana Eyes $400-$500 As Staked SOL Hits $8 Billion
Solanaâs real economic value reached 111% of Ethereumâs in October, driven by DeFi growth and innovative projects like Hivemapper and Helium.
Solana (SOL) has surged 36% in recent weeks, reaching $213. However, it now faces a critical test at the $221 resistance level. Recent data highlights strong network activity and staking growth, but questions remain about sustaining the momentum.
The Solana network has seen a sharp rise in decentralized exchange (DEX) volumes. Data from DeFiLlama shows d
This OG Bitcoin Whale Turned $120 Into Staggering $179 Million After HODLing Their Stash Since 2010
In a notable development, an early Bitcoin investor held their 2,000 Bitcoin stockpile from a price of around $0.06 all the way to $90,000 before moving it for the first time on Thursday after 14 years of hibernation.
This particular BTC whale has raked in a mammoth 150,000,000% profit on their holdings.
Satoshi-Era Whale Wakes Up After 14-Year Slumber
Cryptocurrency trading is all about precise timing and trading strategies. However, one key aspect that makes or breaks the trade is patience.
Sen Lummis Wants Donald Trumpâs Govt to Swap Gold for Bitcoin: Hereâs More
United States Senator Cynthia Lummis set plans for the government to purchase 1 million Bitcoin (BTC). This will boost the strategic Bitcoin Reserve that is expected to be established by Donald Trump. The incoming Trump administration seeks pro-crypto and innovative technology, with supporters pitching several market catalysts for the next four years. Sen Warren has remained pro-bitcoin, rallying for bills in Congress, including opposing President Bidenâs war on the industry.Â
Pennsylvania Lawmakers Introduce Revolutionary Legislation to Establish Bitcoin As a Strategic As...
As President-elect Donald Trump prepares to take office in January after beating Kamala Harris in the elections, his proposal to establish a strategic national Bitcoin reserve is gaining momentum across the United States.Â
Pennsylvania lawmakers have introduced the Pennsylvania Bitcoin Strategic Reserve Act, legislation that would allow the state treasury to invest in Bitcoin as a strategic reserve asset.
Shiba Inuâs Parabolic Phase on the Horizon Thanks to History Repeating Itself
Shiba Inu (SHIB) might be gearing up for the psychological threshold of $0.0001 if the meme coin follows a historical trajectory.
Having already experienced the first rally and a cool-off, Shiba Inu is ready for a parabolic phase that will see the eleventh-largest cryptocurrency super charged, according to Solberg data.
Source: Solberg
SHIB experienced a parabolic phase back in 2022, and if history is to repeat itself, this uptrend has started to kick off since the meme coin has already incre