Veteran trader Dave the Wave says that a massive Bitcoin (BTC) melt-up is possible given the technical setup for the flagship cryptocurrency. The pseudonymous trader tells his 153,100 followers on the social media platform X that BTC can soar above $150,000 in the next 30 days. “A BTC run to $160,000 next month technically feasible…”
Stocks saw an upbeat opening on Monday, with markets showing further resilience amid a fresh forecast for the S&P 500 by strategists at Citigroup. Summary Stocks were mixed on Monday, with major indices hovering near the flatline as investors targeted more gains. Citigroup Inc. strategists have raised the 2025 target for the S&P 500 to
Tether’s XAUT overtook PAXG in market cap, becoming the biggest tokenized gold asset. Summary Tether mints $436.94 million worth of XAUT tokens XAUT overtakes PAXG in market cap, becoming largest tokenized gold asset This mint raised tokenized gold’s market cap by 20% Tokenization is making an impact on how investors are buying gold. On Monday,
Bitcoin’s derivatives market experienced an unusual shake-up today, with liquidations leaning so heavily in one direction that they stood out even on a market synonymous with the term “volatility.” Just in the last hour, around $13.48 million worth of leveraged Bitcoin positions were closed out, almost all of which came from longs, as per CoinGlass.
In crypto, theories have a way of spinning up like dust devils, and lately, one in particular has been making the rounds — that bitcoin’s notorious four-year cycle may have run its course. Supporters of the “cycle is dead” camp say the pattern is breaking apart, citing shifts like rising institutional participation, the advent of
Vitalik Buterin thinks Ethereum’s ZK proving stack is turning a corner, and wants the ecosystem to use that momentum to eliminate one of its most persistent UX roadblocks: week-long L2 withdrawals on optimistic rollups. Fraud proof windows — a requirement for canonical bridging from rollups like Base back to Ethereum — are “simply far too
Western Union has struck a $500 million deal to buy Intermex, a user of Ripple’s On-Demand Liquidity (ODL) service. The move gives Western Union direct access to Ripple’s technology through Intermex, while also expanding its retail footprint across North America and strengthening its position in fast-growing remittance corridors. Western Union to Acquire Intermex Under the
The crypto exchange-traded funds (ETFs) market continues to smash records, with unprecedented demand recorded in the past couple of months. Futures-based Solana (SOL) and XRP ETFs, for instance, have seen over $1 billion in total inflows since their debut in March and April, respectively, as suggested by recent data provided by FactSet. The milestone comes
Bitcoin has maintained a strong bullish market structure, recently finding solid support and rallying impulsively. However, the price is now testing its all-time high near $123K, a zone that could temporarily slow the advance. Bitcoin Price Analysis: Technicals By Shayan The Daily Chart Bitcoin continues to trade within a well-defined ascending price channel, printing consistent