Filecoin (FIL) shows signs of a potential breakout amidst bullish market sentiment, possibly rallying to $7.20 if it surpasses resistance at $4.80. Recent trends indicate that FIL is positioned well
The post XRP Set to Overtake BNB, Eyes on 35% Rally appeared first on Coinpedia Fintech News With notable gains in recent days, Ripple’s native token, XRP, has crossed the $1.5 level for the first time since 2021. However, based on its price action and performance, it appears that the XRP price rally is likely to continue in the coming days until it reaches the next resistance level of $2. XRP Vs …
JPMorgan Chase has now paid more than $40 billion in total fines and settlements to regulators, enforcement agencies and lawsuits related to anti-competitive practices, securities abuses and other violations. That’s according to new numbers from the public Violation Tracker, a corporate misconduct database that tracks cases from the year 2000 until now. In the last The post JPMorgan Chase Pays $40,000,000,000 in Fines and Settlements As US Bank Battles Hundreds of Ongoing Legal Challenges: Report appeared first on The Daily Hodl .
Layer-1 blockchain Aptos (APT) has announced a plan to integrate fintech giant Stripe’s payment services and the stablecoin USDC. Stripe’s payment services will provide a fiat on-ramp for the Aptos network, according to a new press release from the layer-1 project. Circle chief executive Jeremy Allaire says the new development is part of the stablecoin The post Layer-1 Chain Aptos (APT) To Integrate Stripe’s Payment Services, Add USDC Stablecoin to Ecosystem appeared first on The Daily Hodl .
Based on historical price momentum, if FIL closes above $4.80, it could rally by 47% to hit $7.20.
IntoTheBlock’s data revealed a $4.5B exodus from exchanges in the last seven days. The data confirmed that whales were actively accumulating Bitcoin, as over 12% of the net outflow was attributed to large holders.
Cardano (ADA) has experienced a remarkable surge, crossing the $1 threshold for the first time since April 2022. Over the past 24 hours, ADA price increased by 30%, reaching $1.06. Trading volumes also witnessed a sharp rise, climbing 150% to $6.7 billion, reflecting heightened market activity. Despite these milestones, analysts say this is just the The post Cardano Price Hits $1 But Analyst Says This Is Just The Start appeared first on CoinGape .
November 2024 is pivotal for cryptocurrencies, especially Bitcoin. Ethereum faces critical levels against BTC for potential upward movement. Continue Reading: Market Predictions Highlight Ethereum, AVAX, BONK, and Shiba Coin Trends The post Market Predictions Highlight Ethereum, AVAX, BONK, and Shiba Coin Trends appeared first on COINTURK NEWS .
Ethereum surged over 10% yesterday, marking an impressive recovery alongside a very bullish day for the entire crypto market. This surge has reignited investor optimism, especially as Ethereum approaches its yearly highs. Key data from CryptoQuant highlights a significant bullish signal: Ethereum’s Taker Buy Volume hit an astonishing $1.683 billion in a single hourly candle. This metric reflects aggressive buying activity in the futures market, further supporting Ethereum’s potential for continued upward momentum. Related Reading: Bitcoin Open Interest Hits ATH As BTC Nears $100K – What To Expect? The driving force behind this rising demand for Ethereum appears to stem from profits being cycled out of Bitcoin. With Bitcoin consistently breaking all-time highs, investors are reallocating gains into ETH, boosting its price. Ethereum’s ability to capitalize on Bitcoin’s momentum underscores its position as the second-largest cryptocurrency and a key player in the broader market trend. However, the next few days will be crucial for Ethereum as it nears its yearly highs. A strong breakout above these levels could propel ETH into a new uptrend, further strengthening its bullish narrative. Ethereum Bulls Waking Up Ethereum bulls are finally showing signs of life after eight months of bearish price action, with the price surging over 40% since November 5. This strong upward momentum aligns with the broader market rally, fueling optimism that Ethereum’s recovery is just beginning. The resurgence in bullish sentiment has positioned Ethereum as a key focus for investors seeking opportunities in the current market environment. According to data by CryptoQuant analyst Maartunn, Ethereum’s Taker Buy Volume recently hit $1.683 billion in a single hourly candle, highlighting significant demand and the involvement of high-volume trades. This aggressive buying activity is a bullish signal, suggesting increased confidence in Ethereum’s potential to sustain its rally. Strong demand at this scale creates upward pressure on the price, reinforcing the bullish narrative for ETH. Related Reading: Bitcoin Rally Driven By U.S. Coinbase Investors – Top Analyst Shares Metrics However, Ethereum still faces a critical hurdle at the $3,550 level, a significant supply zone that has acted as a barrier since late July. The next few days will be pivotal for Ethereum, as breaking above this key resistance could signal the continuation of its upward trajectory. Failure to do so, however, might result in a short-term consolidation. All eyes are now on ETH, as its next moves could set the tone for the altcoin market. ETH Holding Above Key Levels Ethereum (ETH) is trading at $3,333 after a 10% surge yesterday, marking a significant rebound for the second-largest cryptocurrency. The price is testing a critical supply zone just below the $3,450 level, a resistance area that bulls need to reclaim to confirm the uptrend and maintain momentum for new highs. This supply zone has historically acted as a key barrier, and breaking above it with conviction would signal strong buying pressure and the potential for a sustained rally. Holding above the 200-day moving average (MA) at $2,959 further strengthens the bullish case for Ethereum, as this indicator is widely regarded as a benchmark for long-term price trends. Related Reading: Solana Analyst Expects A Retrace Before It Breaks ATH – Targets Revealed Should Ethereum maintain its position above the 200-day MA and push decisively past the $3,450 level, it could pave the way for a bullish rally, targeting higher resistance zones in the coming days. However, failure to overcome this supply area may result in short-term consolidation as bulls regroup to challenge the level again. For now, the market focuses on Ethereum’s ability to clear this crucial resistance and continue its upward trajectory. Featured image from Dall-E, chart from TradingView
The Financial Industry Regulatory Authority (FINRA)’s new crypto guidelines spotlight risks and FOMO-driven decisions, with advice on crypto investing. New Crypto Guidelines Highlight Key Challenges for Crypto Investors The Financial Industry Regulatory Authority (FINRA) has introduced a comprehensive guide for investors exploring the world of crypto assets. FINRA is a non-governmental organization that oversees brokerage