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news-imageMay 4, 2024

Solana (SOL) Is Battling for Comeback, Bitcoin Is Ready for $60,000 Again, Dogecoin (DOGE) Profitable for 80% of Holders

Solana has been displaying a spirited attempt to reclaim its previous highs after a challenging period. The asset recently approached the $140 price level, and technical indicators suggest that a reversal may be on the horizon.
Publisher: UToday
Sentiment: Positive
BTC
DOGE

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Negative
cover-imageCoingape
May 18, 2024

Dogecoin Whale Offloads 120M Coins To Robinhood, DOGE Price At Risk?

In the background of Dogecoin's recent rising price action, a whale has been recorded offloading massive amounts of the dog-themed meme coin, causing a stir in the crypto community. A staggering 120M DOGE tokens, per on-chain data surfacing within the market, were dumped to the Robinhood exchange by an unknown whale today, May 18.

  DOGE  
Positive
cover-imageThe Daily Hodl
May 18, 2024

Do We Even Need Bitcoin ETFs

After five years of drama and dozens of rejections, ETFs (exchange-traded funds) based on Bitcoin's spot price have finally been approved. A total of 11 ETFs are making their market debut, allowing US investors to gain exposure to Bitcoin (BTC) without directly owning the cryptocurrency itself.

  BTC  
Positive
cover-imageThe Currency Analytics
May 18, 2024

$60K Emerges as Bitcoin's Fortress: Whale's Activity Solidifies Key Support Level

Whales in the Bitcoin ecosystem wield considerable influence, capable of swaying market sentiment and triggering price movements. Within this realm, two distinct categories of whales have emerged, each contributing to the reinforcement of $60,000 as a crucial support level.

  BTC  
Positive
cover-imageThe Currency Analytics
May 18, 2024

Bitcoin Price Poised for New All-Time High as US Congress Backs Banks' Crypto Adoption

Bitcoin (BTC) is on the brink of a historic milestone as its price continues to surge, fueled by support from the US Congress for banks' adoption of cryptocurrencies. With Bitcoin trading around $66,410 during the early London session, bullish sentiment suggests a new all-time high is imminent, supported by both technical and fundamental factors.

  BTC  
Positive
cover-imageThe Currency Analytics
May 18, 2024

Bitcoin ETFs: Diverging Paths in the US and Hong Kong Markets Revealed by $257.3 Million Inflows and $13.2 Million Outflows

Bitcoin ETFs in the United States have been riding a wave of investor enthusiasm and institutional adoption, evidenced by a consistent influx of capital into these investment vehicles. Far side's latest data reveals that US Bitcoin ETFs experienced a robust inflow of $257.3 million, marking the fourth consecutive day of positive flows.

  BTC  
Positive
cover-imageCoingape
May 17, 2024

Spot Bitcoin ETFs Net $1.3B in May, Reversing April's $344M Outflows

Spot Bitcoin exchange-traded funds (ETFs) have seen significant inflows in May, recovering from April's outflows. With $1.3 billion in inflows, the BTC ETFs are back to their high-water mark, offsetting the $344 million in withdrawals experienced last month.

  BTC  
Positive
cover-imageThe Currency Analytics
May 17, 2024

Solana's Meteoric Rise: Analyzing Factors Driving SOL's Surge and Potential Path to $250

Solana has emerged as a standout performer, capturing the attention of investors and enthusiasts alike with its remarkable growth trajectory. As SOL continues its upward surge, surpassing resistance barriers and making significant strides in the NFT realm, the question on everyone's minds is: can Solana reach the coveted $250 milestone?

  SOL  
Positive
cover-imageNewsBTC
May 17, 2024

Solana Takes The Crown: CoinGecko Ranks It The Best, Leaving Ethereum Behind In Key Metric

The race to achieve the fastest blockchain transaction processing speeds is heating up, Solana (SOL) is in the spotlight as a new report from crypto data aggregator CoinGecko reveals some surprising findings. The study analyzes the real-world transaction per second (TPS) performance of a range of large blockchain networks, both Ethereum-based and non-Ethereum (ETH) Virtual Machine (EVM) protocols.

  ETH  
  SOL  
Positive
cover-imageNewsBTC
May 17, 2024

Unstoppable Bitcoin? CryptoQuant's CEO Foresees Bull Run Extending To 2025

According to Ki Young Ju, CEO of CryptoQuant, the Bitcoin current market dynamics suggest a bullish phase that could extend well into April 2025. Ju's analysis comes amid BTC's current uptrend, which appears to be a continuation of that seen in March, when BTC achieved a new all-time high, surging above $73,000 for the first time.

  BTC  
Positive
cover-imageCoingape
May 17, 2024

Spot Bitcoin ETF: Here's Total Holder's Count By Region

The disclosures from corporate firms over spot Bitcoin ETF holdings marked the highlight for the market this past few weeks. Many companies reported holding the new asset class to the amazement of observers in the crypto ecosystem.

  BTC  
Positive
cover-imageThe Currency Analytics
May 17, 2024

Bitcoin ETF Frenzy: Volume Soars to 7-Week Highs as BTC Approaches $67K Milestone

Bitcoin ETF volumes surge to dizzying heights, mirroring the ascent of the flagship cryptocurrency towards the $67,000 threshold. Amidst the cacophony of market activity, institutional players and retail investors alike find themselves swept up in a whirlwind of excitement and anticipation.

  BTC  
Positive
cover-imageZycrypto
May 17, 2024

Bitcoin ETFs Record $300 Million in Net Inflows as Bitcoin Nears $67,000

Net inflows into the 9 spot Bitcoin Exchange Traded Funds (ETFs) reached $300 million yesterday as the market experienced a healthy bullish phase. The largest cryptocurrency by market capitalization had been languishing below $63k for the better part of the last three weeks, so this price rally was a breath of fresh air for the bullish cause.

  BTC  
Positive
cover-imageThe Currency Analytics
May 17, 2024

The Bitcoin Odyssey: Navigating Towards a $5 Million Horizon with Apollo Co-Founder's Prophetic Vision

Apollo Co-Founder Thomas Fahrer, a sage amidst the swirling tempest of market speculation, has dared to envision a future where Bitcoin ascends to unimaginable heights, cresting the summit of a $5 million pinnacle. As the echo of his prophetic vision reverberates across the digital landscape, the stage is set for an odyssey unlike any other—a quest for wealth, wisdom, and wonder in the realm of decentralized finance.

  BTC  
Positive
cover-imageBitcoinist
May 17, 2024

It's Almost Time For A Good Dogecoin Pump, Analyst Says

Crypto analyst Crypto Kaleo has laid out a bullish narrative for Dogecoin (DOGE). Based on his analysis, the foremost meme coin may make a parabolic run to the upside soon enough.

  DOGE  
Positive
cover-imageCrypto Economy
May 17, 2024

Tether Mints Another $1B USDT: A Potential Catalyst for Bitcoin's Rally

TL;DR New Minting: Tether has minted an additional 1 billion USDT on the Tron Network, historically correlating with positive Bitcoin price movements. Market Impact: The minting could potentially drive Bitcoin's price up, as Tether's market cap exceeds $110 billion and it holds a significant amount of Bitcoin.

  BTC  
  USDT  
Positive
cover-imageCoindesk
May 17, 2024

Steven Cohen's Point72 Also an Owner of Bitcoin Via Spot ETFs

Point72, the $34 billion hedge fund of billionaire and owner of the New York Mets, Steven Cohen, held $77.5 million of the Fidelity Wise Origin Bitcoin Fund (FBTC) as of the close of the first quarter, according to a filing.

  BTC  
Positive
cover-imageCNBC Television
May 17, 2024

Bitcoin breaks six-week losing streak, climbs to $67,000: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, JP Richardson, CEO of Exodus, discusses the SEC review that put the company's listing on the NYSE American exchange on hold.

  BTC  
Positive
cover-imageCrypto Briefing
May 17, 2024

Bitcoin ETFs show $1.3 billion inflows and bounce back from April's slump

US Bitcoin ETFs recover from April's outflows with $1.3 billion in recent inflows, as total management exceeds $12.3 billion. The post Bitcoin ETFs show $1.3 billion inflows and bounce back from April's slump appeared first on Crypto Briefing.

  BTC  
Positive
cover-imageCoingape
May 17, 2024

Bitcoin Price Analysis: Why BTC Rise to $67k Hints End of Correction Trend

Bitcoin Price Analysis: This week has been notably bullish for the pioneer cryptocurrency Bitcoin showcasing a 10% growth as price jumped from $60474 to $66500. The rising BTC breach backed by a significant surge in volume gives a bullish breakout from a key resistance signaling the end of a 2-month correction trend.

  BTC