DeFi surge, rising TVL and new partnerships underpin Ren’s 100% rally

The DeFi boom and search for projects offering interoperability recently sent Ren’s price and total value locked to new all-time highs.

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NFT boom and platform upgrades back Decentraland’s (MANA) 100% rally

Decentraland’s new features, increased digital land sales and a booming NFT market are the driving factors behind MANA’s 100% rally.

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All-time high social activity accompanies 100% rally in Cardano price

Cardano price has doubled since the start of 2021, and the move coincides with a new all-time high in Cardano-related Twitter mentions.

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TA: Ethereum Facing Major Hurdles: Why 100 SMA Could Trigger Fresh Rally

Ethereum struggled to clear $1,150 and started a fresh decline against the US Dollar. ETH price is currently trading well below the 100 hourly SMA and $1,100. Ethereum is showing a few bearish signs after getting rejected from the $1,150 resistance zone.

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BTC Hits $41k After Chamath Palihapitiya Tells CNBC it Is Going to $200k

Shortly before BTC had hit $40K, pro-Bitcoin billionaire and venture capitalist, Chamath Palihapitiya, talked about Bitcoin’s current price rally, in a recent interview with CNBC. According to him, the largest cryptocurrency “going to $100 [thousand], $150 [thousand], and $200 thousand”.

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Billionaire investor Chamath maintains the view that Bitcoin price will pass $100,000

Bitcoin has undergone a remarkable rally over recent weeks.

The post Billionaire investor Chamath maintains the view that Bitcoin price will pass $100,000 appeared first on CryptoSlate.

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Analyst: Bitcoin Could Cross $100,000 in a “Matter of Weeks” as Bulls Take Control

Bulls have taken full control of Bitcoin’s price action, sending the cryptocurrency rocketing up to $40,000 this morning before it faced some resistance It has since retraced slightly but is still looking strong and could be positioned to rally higher in the near-term Each retrace seems to be providing it with fuel for further momentum, which is a sign that bulls are in full control of the mid-term trend Where the market heads next will […]

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Mike Novogratz thinks the Bitcoin price could correct after gaining 100% in weeks

Bitcoin has undergone an extremely strong rally over the past few weeks, shocking most investors. The post Mike Novogratz thinks the Bitcoin price could correct after gaining 100% in weeks appeared first on CryptoSlate.

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Two Key Reasons Why Dogecoin (DOGE) Just Dove 20% Under $0.01

Dogecoin (DOGE) is down 20% in the past 24 hours after a 100% rally on Friday. The “meme” cryptocurrency still has a market capitalization in excess of $1 billion and has registered $2 billion in trading volume in the past day.

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Microstrategy’s BTC Holdings More Than Double in Value to $2.4 Billion Four Months Later

The continuing bitcoin price rally has seen the value of Microstrategy’s total holdings of the digital asset go up by 100%. Specifically, the company has seen the value of its initial haul of 38,250 coins grow to over $1.

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Dogecoin Price Shoots 50% Higher as Bitcoin Nears $30,000

Dogecoin is up 50% in the past 24 hours, making it the best-performing crypto asset of the top 100 by market capitalization. DOGE is seeing strong volume figures on this rally: per CoinGecko, there has been over $700 million worth of the cryptocurrency traded over the past day.

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Polkadot surges 67% in the past week—what’s behind DOT’s rally?

Polkadot (DOT) has increased by over 67% in the past week as the best-performing top 100 cryptocurrency in the last seven days. The post Polkadot surges 67% in the past week—what’s behind DOT’s rally? appeared first on CryptoSlate.

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Ethereum Lacking Momentum, But Here’s Why 100 SMA Could Spark Fresh Rally

Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally. ETH price is slowly moving higher towards the $230 resistance against the US Dollar. A close above the 100 simple […]

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Bitcoin (BTC) Price One Dot Closer to $100,000, According to Stock-To-Flow Model

Slowly but surely, the Bitcoin (BTC) price is coming closer to another insane rally, as revealed by the updated 'stock-to-flow' model from trader and analyst PlanB

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Bitcoin Flirts With Key Resistance: Here’s Why 100 SMA Could Spark New Rally

Bitcoin is consolidating above the $9,100 level against the US Dollar. BTC could start a strong increase towards $9,500 as long as it is above the 100 hourly SMA. Bitcoin is currently trading in a contracting range below the $9,300 resistance.

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Bitcoin Hesitates But This Technical Breakout Suggests Gains Above $9,800

Bitcoin started a downside correction from the $9,780 swing high against the US Dollar. BTC found support near $9,600 and it is currently gaining bullish momentum for a fresh rally. Bitcoin is trading nicely above the $9,500 support zone and the 100 hourly simple moving average.

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NANO Has Increased By 100%, ADA Seeks a Similar Return

The NANO price has doubled in value since May 8. ADA has increased by 50% since May 18 and has shown a few similarities to NANO, allowing for the possibility of a continuation move that could see it rally by another 50%.

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What the Stock Market’s ‘Robinhood Rally’ Means for Bitcoin

The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?

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Ethereum Defies Gravity But Here’s Why It Must Break $250 For Fresh Rally

Ethereum started a fresh increase from the $235 zone against the US Dollar. ETH price is now trading nicely above $240, but it is still struggling to gain momentum above $245 and $250. Ethereum is trading well above the $240 support and the 100 hourly simple moving average. The price must surpass the $245 and...

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A Key Trend is Forming For Ripple (XRP) and a Swift Rally Could Occur

Ripple is currently consolidating above the $0. 2000 support against the US Dollar. XRP price is likely to start a strong increase above $0. 2100 as long as it is above the 100 SMA (H4). Ripple price is currently trading nicely above the main $0.

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Analyst explains why an exponential post-halving Bitcoin rally is yet to be seen

It has been nearly four weeks since the third Bitcoin halving. Many investors expected that there would be a drastic price change by now. But the most we have seen from the crypto leader has been a rally to $10,100 and a drop to $9,200.

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Analyst: Bitcoin’s Mass $220m Liquidation Spree is Fundamentally Positive for BTC

Bitcoin saw an immense decline yesterday that was sparked by its latest push into the $10,000 region This decline caused the cryptocurrency’s traders to have nearly $100 million in long positions liquidated This massive torrent of liquidations came about less than 12-hours after the crypto’s rally to highs of $10,500 liquidated over $120 million in short positions Bitcoin has seen immense turbulence as of late, providing dangerous market conditions for active traders looking to cash […]

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Bitcoin Stable At $9.5K After Sharp Price Drop, Is $10K Still The Paramount Target?

There was a hard drill for retail traders on Tuesday as Bitcoin showed its true volatility. The digital asset began the day by breaking above the $10K resistance to rally as high as $10,100. But with all indicators pointing to further gains, in a matter of minutes, Bitcoin crashed to the $9,300 lows. Investors that […]

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Despite $1,500 Crash, Charts Show the Bitcoin Uptrend Is Still “Intact”

Just 24 hours ago, Bitcoin surged above $10,000 for the first time in weeks in a move that shocked the market. During the rally, over $100 million worth of short positions were liquidated as the asset jumped nearly $1,000 higher within an hour.

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Bulls Brace For Fireworks As Bitcoin Breaks $10K, What’s Fueling the Rally?

Bitcoin has broken above the $10K landmark position. This is the first time the crypto leader has done so since February. And most investors are optimistic that this time, it will be sustainable. So far, Bitcoin looks solid above this having climbed above $10,100 at the time of reporting. To ensure support above $10K, Bitcoin […]

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This financial analyst expects a “very bullish” Bitcoin price in June for 4 key reasons

After a strong rally from $3,700 to $10,100 over the span of six weeks, the Bitcoin bull has proverbially been asleep over the past few weeks. The post This financial analyst expects a “very bullish” Bitcoin price in June for 4 key reasons appeared first on CryptoSlate.

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Crucial Fundamental Data Shows Bitcoin Will Break Out of $10,500 Resistance

It’s been a tough past few days for Bitcoin. In spite of the recent rally off the $8,600 lows that has brought BTC to $9,300, the market remains depressed. BTC is trading just under 10% shy of the May highs of $10,100.

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Ethereum Could Rally Significantly And Only 1 Thing is Holding it Back

Ethereum is showing positive signs and it broke the $205 resistance against the US Dollar. ETH price could rally significantly if there is a clear break above the $210 resistance. Ethereum gained traction and managed to climb above the $205 level and the 100 hourly SMA.

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After Rallying 150% From $3,700 Lows, Bitcoin Is Far From Reaching a Top

Bitcoin may have performed extremely well over the past two months, rallying over 100% from the March lows, but technicals show and analysts argue that the rally is far from over. Rally From $3,700 to $10,000 Just the Start of a Bigger Trend According to Alex Fiskum, an associate at boutique investment fund Alice Capital,...

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Bitcoin Explodes Above $9,300 After Halving: What Do Analysts Expect Next?

Bitcoin has continued to rally higher since our last market update, recently retaking $9,300 for the first time since the crash on the morning of May 10th. This strong recovery comes after Bitcoin fell as low as $8,100 due to a sell-off prior to the block reward halving, seen in the middle of the chart...

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Since Bitcoin Hit $3,700, $1.7 Billion Left Exchanges: Here’s Why This is Highly Optimistic

Bitcoin has been on a near-unstoppable rally since March’s lows of $3,700. The cryptocurrency at last week’s highs was up more than 170% from the lows, tapping $10,100 after a spectacular jump higher.

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Technicals Suggest Bitcoin Needs To Clear $9,100 For Hopes of a Fresh Rally

Bitcoin jumped above the $8,800 and $9,000 resistance levels against the US Dollar. However, BTC is facing a major hurdle at $9,100, above which it could rally sharply. Bitcoin is currently consolidating in a broad range below the $9,000 and $9,100 levels.

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Despite Bitcoin Halving, Analyst Charts That BCH Will Drop Below $100

After an extremely strong rally of over 100% from the March lows, Bitcoin Cash and the rest of the crypto market have started to reverse over the past few days. BCH in and of itself has shed approximately 15% from its highs, crushed as sellers take over the market.

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Bitcoin’s on-chain metrics suggest a “bullish” market regime may be imminent

Since March’s lows, Bitcoin has gained over 100 percent, outperforming most other over $100 billion assets within the same time frame. Yet, this may be the start of an even greater rally with a top on-chain analytics firm affirming that per their data, BTC is just transitioning to a “bullish” market regime, exiting the bear […] The post Bitcoin’s on-chain metrics suggest a “bullish” market regime may be imminent appeared first on CryptoSlate.

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Analyst: Bitcoin (BTC) Will Explode To $100,000 And ‘There’s Nothing You Can Do About It’

Bitcoin’s latest rally is breathing new life into proponents’ overall outlook. The crypto-asset has firmly surmounted resistance level after resistance level, recently breaching $9,300. As the halving draws closer, bulls are making their prognostications about where they expect the bitcoin price to go in the coming months.

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Ripple (XRP) Shows Signs of Reversal But 100 SMA Can Trigger New Rally

Ripple is currently consolidating above the $0. 2100 support against the US Dollar. XRP price is showing bearish signs, but it could start a fresh increase as long as it is above the 100 SMA (H4).

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It’s the “Last Stand” for Bag Holders of XRP: Top Analyst Peter Brandt

XRP hasn’t been excluded from the recent rally in the cryptocurrency market. From its lows in March of $0. 11, the second-largest altcoin has gained over 100% from the lows. As Bitcoin topped $9,400 last week, the altcoin topped $0.

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Despite Strengthening XRP Chart, On-Chain Metrics Are Bearish: Analyst

XRP hasn’t been excluded from the recent rally in the cryptocurrency market. From its lows in March of $0. 11, the second-largest altcoin has gained over 100% from the lows. As Bitcoin topped $9,400 last week, XRP topped $0.

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After Stellar 100% Rally, Bitcoin Is Finally Printing a “Sign of Exhaustion”

From the $3,700 lows established in the middle of March, Bitcoin has mounted an extremely steep comeback over the past five to six weeks. In fact, the leading cryptocurrency is currently trading over 100% off the lows, effectively recovering all of the crash’s damage.

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Institutional Traders Highly Active as Importance of Bitcoin’s Rally Grows Clear

Bitcoin’s recent rally has sparked a massive influx of activity from large retail and institutional futures traders This heightened trading activity comes as the crypto reaches a “make or break” price level that could determine how it trends in the weeks and months ahead Bitcoin incurred a notable uptrend yesterday morning that allowed it to climb from lows of $7,100 to highs of $7,800 before it met some resistance and declined back down to its […]

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Here’s Why Ethereum Must Break 100 SMA For A Fresh Rally

Ethereum is down more than 10% from the $190 swing high against the US Dollar. ETH price is currently consolidating above $165 and facing key hurdles near the 100 hourly SMA. Ethereum declined sharply below the $175 support and tested the $165 zone.

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Chainlink Cryptocurrency is Up 100 Percent YTD; What’s Behind the Intense Rally?

Chainlink has beaten bitcoin while emerging as one of the most profitable assets in the cryptocurrency, as well as the traditional market, in 2020. Demand for Chainlink’s LINK token has gone up after a US-based venture capital firm has backed its use to offer collateral to dwindling stablecoin DAI.

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Key On-Chain Metric Shows a Strong Bitcoin Bull Rally is Brewing

Bitcoin investors haven’t done too well over the past two months. Despite the near 100% recovery from the $3,700 lows seen on March 12th, the cryptocurrency remains more than 30% below the 2020 highs near $10,500.

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Data shows retail demand for Bitcoin is rapidly mounting, even after 100% rally

Even after the recent tepid price action Bitcoin remains 86 percent above its $3,700 lows set in March’s “Black Thursday” crash. Instead of deterring late arrivals, this strong rally has seemingly convinced many retail traders that Bitcoin’s rally is far from complete.

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Bitcoin Showing Signs of Weakness But 100 SMA Can Trigger New Rally

Bitcoin is struggling to gain momentum above the key $7,000 resistance against the US Dollar. BTC is likely to surge past $7,000 as long as it is above $6,400 and the 100 SMA (H4). Bitcoin price is currently showing a few bearish signs below the $7,000 resistance area. There is a strong support forming above...

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The Last Time Ethereum Saw Exchange Balances This High It Rallied 4,600%

Ethereum has been caught within a tempered uptrend in the time following its recent rally from sub-$100 lows, with the cryptocurrency forming a very strong correlation to Bitcoin – which has been firmly guiding the markets throughout the past several months.

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Here’s Why 100 SMA Could Spark Fresh Bitcoin Rally In Near Term

Bitcoin failed to surpass the $7,000 resistance and declined below $6,500 against the US Dollar. BTC is likely to bounce back as long as it is above $6,000 and the 100 SMA (H4). Bitcoin price is currently correcting gains from the $7,000 resistance area.

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This Is Why the Dow Surged 2,100 Points on ‘Turnaround Tuesday’

The Dow Jones posted a massive rally on "Turnaround Tuesday" as markets eyed the fiscal package and Trump's "Easter Sunday" opening. The post This Is Why the Dow Surged 2,100 Points on ‘Turnaround Tuesday’ appeared first on CCN.com

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Bitcoin Above 100 SMA (H4) Could Spark Strong Surge To $7.5K

Bitcoin is currently correcting higher from the $4,320 support area against the US Dollar. BTC could rally further if the bulls are able to push the price above $6,800 and the 100 SMA (H4). Bitcoin price seems to be facing a strong resistance zone near the $6,800 and $7,000 levels. The 100 simple moving average...

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