Bitcoin rises 4% amid long liquidations, and short-term holders realized share
Bitcoin (BTC) climbed above $63,000 on Friday after Mt Gox pushed its repayment plans to 2025, easing tension among investors. Meanwhile, CryptoQuant data reveals that Bitcoin long liquidations hit $290 million on Thursday, the highest level since 2022.
XRP holds steady above $0.53 as Ripple confirms cross-appeal, Bitnomial sues SEC
Ripple (XRP) holds steady above key support at $0.5300. The altcoin gains as the payment remittance firm confirms the filing of a cross-appeal in the Ripple lawsuit with the Securities & Exchange Commission (SEC). Ripple is gearing up to introduce new features for its custody solutions for institutional investors.
Ethereum Price Forecast: ETH reclaims $2,395 support but risks inflationary pressure with Unichain's launch
Ethereum (ETH) reclaimed the $2,395 support level on Friday and is attempting a move toward the $2,490 resistance. The top altcoin could face inflationary pressure in the coming months when Uniswap's Unichain goes live due to the decentralized finance protocol's large contribution to Ethereum revenue and daily burnt ETH.
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Crypto Today: Bitcoin, Ethereum rally, XRP recovers even as institutional demand for BTC, ETH ETFs slows
Bitcoin rises towards $65,000 on Monday, gaining nearly 4% on the day. Ethereum adds over 3% to trade above $2,500. XRP edges up above $0.53 but trades within its recent range.
Solana Price Forecast: SOL gears up for double-digit gains as demand for meme coins jumps
Solana continues its upward trend this week, rising above the $150 level on Monday. The token of the Ethereum-alternative smart contract chain has gained 3% on the day and is gathering positive momentum at the time of writing.
Bitcoin rises 4% amid long liquidations, and short-term holders realized share
Bitcoin climbed above $63,000 on Friday after Mt Gox pushed its repayment plans to 2025, easing tension among investors. Meanwhile, CryptoQuant data reveals that Bitcoin long liquidations hit $290 million on Thursday, the highest level since 2022.
Arbitrum, EigenLayer, Axie Infinity lead over $214 million worth of token unlocks next week
Token Unlocks data on Friday indicates that the crypto market is poised for another round of supply hikes next week, with projects including EigenLayer, Arbitrum, Axie Infinity and Starknet set to release a combined $214 million worth of their tokens into circulation.
Bitcoin Weekly Forecast: Will BTC decline further?
Bitcoin’s (BTC) price fell over 6% at some point this week until Thursday, extending losses for a second consecutive week, as it faced rejection from a key resistance barrier.
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