Latest news with #IntoTheBlock
Yahoo
3 days ago
- Business
- Yahoo
Why Are Bitcoin, Ethereum, XRP, Dogecoin Suddenly Skyrocketing?
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cryptocurrency markets are off to a blazing start on Monday morning, with Bitcoin making a new all-time high above $123, Ticker Price Bitcoin (CRYPTO: BTC) $121,812.36 Ethereum (CRYPTO: ETH) $3,070.88 Solana (CRYPTO: SOL) $167.48 XRP (CRYPTO: XRP) $2.99 Dogecoin (CRYPTO: DOGE) $0.2069 Shiba Inu (CRYPTO: SHIB) $0.00001383 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 14.7% and 7.9%, respectively. Daily active addresses dropped by 5.6% and 3.6%, respectively. Coinglass data shows129,769 traders were liquidated in the past 24 hours for $750.05 million. SoSoValue data shows net inflows of $1.03 billion into spot Bitcoin ETFs on Friday. Spot Ethereum ETFs saw net inflows of $204.8 million. Trader Notes: CoinBureau co-founder Nic Puckrin highlighted the importance of Bitcoin breaching a 7-year-long monthly resistance trendline, which acted as the ceiling in past bull markets dating back to 2018. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Rekt Capital says a convincing breakout above $124,000 would open the floodgates for Bitcoin, triggering rapid price discovery with little resistance above. Michael van de Poppe forecasts rising volatility, with sharp dips likely to be absorbed quickly. He believes the next major leg to $250,000 has begun, projecting $150,000 by Q3. Cryptoinsightuk explained that a break above $3.00 for XRP could unlock a move to all-time highs and initiate price discovery. The current price action is pressing against the final major resistance. Crypto trader Jelle noted Ethereum finally broke above the $2,800 resistance, flipping it into support. With momentum now shifting upward, the next key target is $4,000, as minimal resistance remains in that zone. Jelle shared a bold outlook, stating $600 is the long-term target for SOL, as the broader market rally gains traction. Crypto trader CW pointed out that DOGE has broken its first sell wall and is approaching the next resistance zone between $0.24–$0.26, signaling further upside Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Why Are Bitcoin, Ethereum, XRP, Dogecoin Suddenly Skyrocketing? originally appeared on
Yahoo
10-07-2025
- Business
- Yahoo
Bitcoin Stalls Around $109,000 While Ethereum, XRP, Dogecoin Edge Higher
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Cryptocurrency markets are trading modestly higher on Wednesday morning as markets await further tariff announcements by President Ticker Price Bitcoin (CRYPTO: BTC) $109,110.29 Ethereum (CRYPTO: ETH) $2,628.26 Solana (CRYPTO: SOL) $154.09 XRP (CRYPTO: XRP) $2.38 Dogecoin (CRYPTO: DOGE) $0.1736 Shiba Inu (CRYPTO: SHIB) $0.00001199 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transcation decreased by 15.1% and 21.4%, respectively. Daily active addresses are up by 13.5% and 0.8%, respectively. Coinglass data shows 68,688 traders were liquidated in the past 24 hours for $138.76 million. SoSoValue data shows net inflows of $80 million into spot Bitcoin ETFs on Monday, while spot Ethereum ETFs saw net inflows of $46.6 million. Trader Notes: Crypto trader BitBull spotted a potential inverse head and shoulders pattern on both the 3-day BTC chart and RSI. He says confirmation requires either a 3-day candle close above $110,000 or RSI closing above 70. If confirmed, BTC could enter a 3–4 week 'up-only' rally. Trending: Tired of Grid Failures and Charging Deserts? This Startup Has a Solar Fix and $25M+ in Sales — Crypto trader Momin flagged that Bitcoin dominance slipping below 65% could mark a shift to an altcoin-led rally, especially if the daily close confirms. With Ethereum showing strength and exchange supply drying up, he concluded, "A new rally likely incoming soon!" Follis sees a clean range developing in Solana and is watching for long entries on sweeps of the range low. For Ethereum, he also notes a clean setup but advises that high-probability trades lie at the extremes of the current range. DonAlt highlighted XRP coiling beneath resistance. He notes that if it doesn't break out soon, XRP could remain range-bound for another 1–2 Dogecoin, Hardy pointed out that $15 billion in liquidations are stacked between $0.17–$0.19. A move above this zone could trigger a massive, short squeeze with major upside potential. Read Next: Named a TIME Best Invention and Backed by 5,000+ Users, Kara's Air-to-Water Pod Cuts Plastic and Costs — And You Can Invest At Just $6.37/Share If there was a new fund backed by Jeff Bezos offering a 7-9% target yield with monthly dividends would you invest in it? Image: Shutterstock This article Bitcoin Stalls Around $109,000 While Ethereum, XRP, Dogecoin Edge Higher originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
10-06-2025
- Business
- Yahoo
Bitcoin Reclaims $108,000, Ethereum, XRP, Dogecoin Follow As Traders Anticipate 'Strong Leg Up'
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The cryptocurrency market kicked off the week on a bullish note, with Bitcoin reclaiming the $108,000 mark, buoyed by bullish investor sentiment around cryptocurrency-related initial public Price Gains +/- Bitcoin (CRYPTO: BTC) $108,399.19 +1.9% Ethereum (CRYPTO: ETH) $2,577.11 +1.8% Solana (CRYPTO: SOL) $156.16 +1.6% XRP (CRYPTO: XRP) $2.29 +0.3% Dogecoin (CRYPTO: DOGE) $0.1870 +0.7% Shiba Inu (CRYPTO: SHIB) $0.00001268 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 2.4% and daily active addresses falling by 5%. Transactions greater than $100,000 are down from 7,679 to 7,327 in a single day. Exchanges netflows are up by 179.3%. Coinglass data reports 73,981 traders were liquidated in the past 24 hours for $214.60 million. Notable Developments: Strategy Buys Another $110 Million In Bitcoin, Now Holds 582,000 BTC Elon Musk's Political Party To Launch In 2025? Odds Rise On Polymarket, The Crypto Betting Market Now Partnered With X Ex-Goldman Executive On Circle's 168% IPO Spike: Don't Rush To Buy Stock As Bankers Engineer A 'Pop' — Cites Facebook Example Bitcoin Pushes To $107,000 As Pivotal Resistance Level Gets Tested Once Again Top Gainers:Cryptocurrency Price Gains +/- Kaia (CRYPTO: KAIA) $0.1292 +20.5% Fartcoin (CRYPTO: FARTCOIN) $1.16 +10% Bittensor (CRYPTO: TAO) $413.15 +8.5% Trending: New to crypto? on Coinbase. Trader Notes: Crypto Bully shared a simple, yet effective Monday trading strategy built around three key pillars: Use the Weekly Open – A reclaim of this level can signal potential longs, while a rejection or breakdown suggests short setups. Mark the Weekend Range – Identify Saturday–Sunday highs and lows to define short-term boundaries. Watch Open Interest (OI) – Entry signals often emerge when OI builds up and then flushes. According to Santiment, Bitcoin's sharp bounce from near $100,000 back to $108,000 has sparked a retail FOMO wave, with the second-largest spike in crowd excitement seen in two weeks. Just days earlier, panic selling had dominated, but now sentiment has flipped. Yet, in crypto's emotion-driven market, surging retail optimism is often a contrarian indicator. Historical patterns show that when retail sentiment gets euphoric, caution may be Capital noted that $104,400 has held as weekly support for four consecutive weeks. He sees only one major weekly resistance between current levels and a potential return to price discovery mode for BTC. Stockmoney Lizards added that Bitcoin's structure is looking increasingly bullish, highlighting ongoing short liquidations and a possible squeeze setup. "Once it fires," he said, "expect a large green candle."Read Next: A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Image: Shutterstock This article Bitcoin Reclaims $108,000, Ethereum, XRP, Dogecoin Follow As Traders Anticipate 'Strong Leg Up' originally appeared on
Yahoo
06-06-2025
- Business
- Yahoo
Bitcoin, Ethereum, XRP, Dogecoin Dip, But Trader Says Everything's Going According to Plan
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Major cryptocurrencies are dipping on Thursday morning as market participants wait for an announced phone call between President Donald Trump and China's president Xi Price Gains +/- Bitcoin (CRYPTO: BTC) $104,698 -1% Ethereum (CRYPTO: ETH) $2,598.74 -1.4% Solana (CRYPTO: SOL) $151.9 -2.9% XRP (CRYPTO: XRP) $2.20 -2.5% Dogecoin (CRYPTO: DOGE) $0.1886 -3.5% Shiba Inu (CRYPTO: SHIB) $0.00001277 -2% Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction volume decreased 11.3% and 17.8%. Daily active addresses went down by 14.6% and 5.5%, respectively. Coinglass data shows 93,731 traders were liquidated in the past 24 hours for $229.60 million. SoSoValue data shows net inflows of $86.9 million into spot Bitcoin ETFs. Spot Ethereum ETFs saw net inflows of $56.98 million. Trader Notes: Crypto trader Jelle notes that Bitcoin is consolidating between key EMAs and holding local support, exactly as expected. He anticipates more sideways action before a breakout to the upside. Trending: — no wallets, just price speculation and free paper trading to practice different van de Poppe sees a potential liquidity sweep coming, predicting Bitcoin could dip below recent lows to flush weak hands before reversing sharply and setting the stage for a stronger upward move. On Solana, More Crypto Online says the altcoin remains in a corrective phase, struggling below the $164.50 resistance. The next support to watch is $143.50, and a confirmed 5-wave impulse is needed to flip the bias back to Kong Trading stated that Ethereum continues to look attractive amid consistent ETH ETF inflows. For Dogecoin, Trader Tardigrade highlights a historical pattern where DOGE/BTC makes lower lows while DOGE trends upward, a signal that has preceded every major DOGE pump. That setup appears to be repeating Next: New to crypto? Get up to $400 in rewards for successfully completing short educational courses and making your first qualifying trade on Coinbase. A must-have for all crypto enthusiasts: Sign up for the Gemini Credit Card today and earn rewards on Bitcoin Ether, or 60+ other tokens, with every purchase. Image: Shutterstock This article Bitcoin, Ethereum, XRP, Dogecoin Dip, But Trader Says Everything's Going According to Plan originally appeared on
Business Mayor
24-05-2025
- Business
- Business Mayor
Uniswap: $13mln exits Binance as UNI coils – What do whales know?
Whale accumulation and an 8.1% drop in exchange reserves reinforced UNI's bullish intent. Network growth resumed as new wallets and Active Addresses rose, while retail ownership declined. A Uniswap [UNI] whale has withdrawn 2.16 million tokens worth $12.98 million from Binance in just five days, with the most recent $7.37 million withdrawal made under 24 hours ago from press time. This accumulation coincides with an 8.1% drop in exchange reserves, suggesting that UNI is being moved into cold wallets rather than set up for sale. Typically, this behavior reflects growing confidence and a long-term holding strategy by large investors. When paired with reduced Exchange Supply, such activity often precedes a strong upward price shift. Can UNI break out from its symmetrical triangle pattern? UNI has been consolidating within a symmetrical triangle on the 4-hour chart, characterized by lower highs and higher lows converging toward an apex. This structure often signals a continuation move, and the MACD is flattening near a crossover point, hinting at a potential bullish reversal. Price action remains compressed within well-defined support and resistance levels, indicating that a breakout is imminent. Given the context of whale accumulation and a growing squeeze on short positions, UNI appears to be coiling for a directional move. Source: TradingView Bullish signs emerge Over the past 30 days, Whale Concentration jumped 6.86%, while Retail and Investor Holdings dropped -2.76% and -7.96%, respectively. This shift in holder distribution indicates that large entities are increasing their control over UNI's circulating supply. Historically, when whales dominate holdings, price action tends to become more directional and deliberate. This reduces random volatility and amplifies breakout momentum when it occurs. Source: IntoTheBlock New wallet creation activity jumped 9.89% over the past seven days, with Active Addresses rising 2.74% in the same timeframe. These metrics suggest that user interest in UNI is rebounding, even as price action remains range-bound. While daily usage still trails previous cycle peaks, this growth signals renewed organic demand at the protocol level. More importantly, increased network activity often leads to higher transaction throughput and fee generation, reinforcing the altcoin's fundamental value. Are large holders still accumulating? Despite a recent 7-day decline of -15.78% in Netflows, the 30-day Netflow ratio for Large Holders has surged by 11.40%, confirming sustained accumulation. Although short-term fluctuations may suggest hesitation, the broader picture shows that whales continue to withdraw UNI from exchanges for self-custody. The Netflow-to-Exchange Ratio remains in positive territory, implying that most of the large transfers are heading off centralized platforms. Source: IntoTheBlock Whale buying is ramping up. Exchange reserves are shrinking. Network activity is rebounding. And price is compressing within a bullish formation. This confluence of strong on-chain and technical signals strengthens the breakout case. If current momentum holds, UNI may soon confirm a decisive rally driven by long-term holder conviction and renewed user interest.
