Galaxy Digital acquired 26,000 Ethers on Tuesday, worth around $76 million at today’s price, on-chain data from Lookonchain shows. This pushed the price of Ether above the $3,000 threshold for the first time since April 2022, before falling back. “$3,000 for Ethereum. To be honest, it’s still undervalued to #Bitcoin. Given the valuation of Bitcoin at $52,000, it...
Cryptocurrencies rose across the board over the past week and continued their upward trajectory over the weekend. Bitcoin rose 9 percent over the past seven days, with its up-coming halving at the end of April supporting demand. “Bitcoin appears to target $57,000 as its next resistance, and considering Bitcoin’s performance in the previous pre-halvings, the odds...
The price of Bitcoin stabilized at two-year highs, supported by stock market indices in both the US and Japan at or near all-time highs. Inflows into the spot Bitcoin exchange traded funds (ETFs) in the US remained heavy at nearly 478 million US dollars on Thursday. This is the fifth highest inflow since their launch on Jan 11, data from BitMEXResearch...
A bullish sun shines over the global crypto market in the next 24 hours, indicating upside potential for most cryptos, Avalanche, Bitcoin, Ether, XRP, and Cardano included. Polkadot stands out as the sole exception, with prevailing bearish trends illustrated by intermittent clouds with some sun. Trading conditions will remain consistent for most cryptos over a...
Cryptocurrencies rose sharply on Friday and over the weekend, with the price of Bitcoin surging close to its cycle high reached mid-January. This in turn triggered a massive wave of liquidations, wiping out millions of dollars. The price of Bitcoin was up 0.3 percent at 48,300 dollars over the past 24 hours, compared to 46,300 dollars on Friday. A bullish sun...
Cryptocurrencies had wind in their sails over the past 24 hours with investors continuing to pour money into crypto assets. The price of Bitcoin rose to a one-month high, trading 4 percent higher at roughly 46,350 US dollars over the past 24 hours. This upward trend is due to a combination of factors: inflows into the nine spot Bitcoin exchange traded funds...
Earlier this week, a New York court ruled that Ripple Labs must make its financial statements for 2022-2023, as well as other documents requested by the Securities and Exchange Commission (SEC) public by Feb 12. Ripple has now asked the judge to extend this deadline by eight days to Feb 20, court documents show. The SEC has accepted this request. The price of XRP...
The Securities and Exchange Commission (SEC) has, as expected, delayed its decision of Invesco’s and Galaxy’s applications for spot Ether exchange traded funds (ETFs). “The only date that matters for spot #ethereum ETFs at this time is May 23rd. Which is @vaneck_us's final deadline date,” noted Bloomberg’s ETF analyst James Seyffart. The price of Ether rose 2...
Crypto coins rose over the past 24 hours with investor sentiment boosted by strong earnings from tech giants. Concerns about the financial health of some US regional banks also led some investors to switch away from traditional finance into crypto assets. The price of Bitcoin rose 0.5 percent to roughly 43,000 US dollars over the past 24 hours. Its price has...
The prices of cryptocurrencies were little changed over the past 24 hours as investors digested the past days’ signals that the expected US rate cuts will be delayed until May or later. Trading conditions will be mixed on the global crypto market in the next 24 hours, with Bitcoin, Litecoin, Cardano and Polkadot facing bearish clouds, according to ATTMO. As for...
Mixed trading conditions lie ahead in the next 24 hours, with Ethereum and Binance Coin profiting from a bullish sun, indicating upside potential. The price of Ether already added 1 percent to 2,330 dollars. Yet, bearish clouds are lingering over Bitcoin, Litecoin, XRP and Avalanche in the next 24 hours. Over a one-week horizon, the trading conditions will...
The price of Bitcoin rose 0.9 percent over the past 24 hours to roughly 43,160 dollars. The world’s largest cryptocurrency has been trading around 43,000 dollars over the past week and is down more than 12 percent from its cycle high reached when the Securities and Exchange Commission (SEC) approved 10 spot Bitcoin ETFs on Jan 10. Mixed trading conditions lie...
Ethereum, Ripple’s XRP and Cardano will profit from a bullish sun in the next 24 hours, according to ATTMO. The Hong Kong-based asset manager Venture Smart Financial Holdings (VSFG) plans to apply for a spot Ether ETF in Hong Kong during the second quarter, conditional on the approval of its spot Bitcoin ETF during the first, the Block reports. The price of...
Cryptocurrencies rallied over the past 24 hours as investors poured in fresh cash, bolstered by the benchmark S&P 500 index hitting a new all-time high on Monday. They are also waiting for new signals from the Federal Reserve meeting up on Wednesday, regarding the up-coming rate cuts in the US. The price of Ether was up 2.5 percent over the past 24 hours, and it...
Cryptocurrencies rallied over the past 24 hours as investors poured in fresh cash, bolstered by the benchmark S&P 500 index hitting a new all-time high on Monday. They are also waiting for new signals from the Federal Reserve meeting up on Wednesday, regarding the up-coming rate cuts in the US. The price of Bitcoin recovered 3.2 percent over the past 24 hours to...
The price of Bitcoin dropped 1 percent over the past 24 hours to just below 42,000 dollars, while the price of Ether fell 1.5 percent to 2,267 dollars. A bullish sun shines over Bitcoin and Binance Coin in the next 24 hours, while the other cryptocurrencies covered by ATTMO will face bearish clouds. It's worth noting that the interest in spot Bitcoin ETF has not...
The cryptocurrency trend was slightly positive over the past 24 hours, as some investors took new positions following the past two weeks of sell off. Mixed trading conditions lie ahead for the global crypto market in the next 24 hours, with a bullish sun shining over Bitcoin, Polygon and Chainlink, while the other crypto coins followed by ATTMO will face bearish...
Following nearly two weeks of corrections, cryptocurrencies rebounded over the past 24 hours with Solana up 3.3 percent at 87.17 dollars and Polkadot up 2 percent at 6.45 dollars. Upside potential ahead as a bullish sun shines over a large part of the global crypto market in the next 24 hours, including Bitcoin and Ether. The price of Bitcoin added 0.4 percent to...