Solana (SOL) Bull Flag Suggests Continued Rally Above $260 After Robinhood Relisting
The price of Solana (SOL) has retested the $220 level for the first time since November 2021. This has sparked more speculation that the altcoin could be on track to set new all-time highs. Notably, SOL charts across multiple time frames support this view. The key indicators supporting this prediction are detailed below. Solana forms a bull flag pattern, expecting a sharp rebound The altcoin’s price recovered to $200 on November 13. However, Solana’s sharp rise above $220 in the past 24 hours was a result of Robinhood’s decision to relist the token.
Peanut Squirrel (PNUT) price surges by 128%, and the market is in a frenzy
New Solana-based meme token Peanut the Squirrel (PNUT) continues its impressive rally, up 128% in the past 24 hours. PNUT token price hit a new all-time high of $2.49 early Thursday before retreating slightly. It is currently trading at $2.13 amid a notable increase in trading activity. With this new thing gaining momentum and demand on the rise, the PNUT token looks set to continue its rally in the near term. This analysis explores the factors driving its momentum. PNUT demand increases BeInCrypto’s assessment of the PNUT/USD four-hour chart shows an uptick in demand for altcoins. For example, as of this writing, the price of the meme coin is above the green line of its supertrend indicator.
LTC is starting to "take advantage" of Meme's popularity! Pick up money! MEME coins are emerging frequently, how to choose MEME coins?
With the spot listing of ACT and PNUT on Binance and the continued surge in prices, the Meme craze has swept every crypto community. According to the monitoring data of on-chain analyst Ai Yi, a mysterious whale has a heavy position in the trading pairs of Pnut, FRED and OPK, spending 15,140 SOL. So far, the floating profit of this whale has risen to 64.13 million US dollars, and the principal has increased 26 times, and it has not been sold yet.
Even old-line altcoins have started to “take advantage” of the Meme craze. This morning, Litecoin (@litecoin) officially posted on X (formerly Twitter): “Based on current market conditions, I now define myself as a Memecoin.” This move immediately attracted market attention, and market data showed that LTC briefly broke through 83 USDT, with a 24-hour increase of more than 10%.
Litecoin says it is ‘now recognized as a Memecoin’, LTC price surges 15%
Litecoin has likely shown interest in joining the meme coin space following the recent market frenzy, as one post stated “I now consider myself a memecoin due to current market conditions”. Dogecoin responded by welcoming the post and asked fans to suggest mascots. Traders immediately responded to the posts, sparking a 15% increase in the LTC price. Litecoin Now Joins the Meme Coin Field? Litecoin, a decentralized peer-to-peer cryptocurrency inspired by Bitcoin, sparked a massive discussion on the X platform on November 14. The post stated, “Given the current market conditions, I now define it as a memecoin.”
So exciting! Bitcoin once broke through $93,000. If this scene comes true, it may soar to $500,000
Bitcoin briefly surpassed $93,000 on Thursday (November 14) as expectations of further interest rate cuts from the Federal Reserve and President-elect Trump's supportive stance on cryptocurrencies provided momentum for its rise. The digital asset rose nearly 6% to a record high of $93,462 in U.S. trading, but failed to hold on to gains, retreating to around $90,000 as of Thursday morning. The broader cryptocurrency market oscillated between gains and losses in volatile trading. Speculators are trying to judge whether Trump’s verbal support for the digital asset will continue to drive Bitcoin higher, even to $100,000, or whether there will be profit-taking on the 33% gain since the Nov. 5 U.S. election.
When will Bitcoin break 100,000? $11.8 billion in options will expire. If it is between "90,000-100,000", the long position will make a profit of up to 4.45 billion
Last night (13th), the United States released CPI data that was in line with expectations, adding momentum to the rise of the cryptocurrency market. Bitcoin once hit a high of $93,477.11 last night, soaring by more than $7,000 during the day. Although it has now fallen back to the $90,000 level, investors are increasingly looking forward to whether the price of Bitcoin can break through $100,000 before the end of the year. 12/27 Bitcoin options expire at 11.8 billion Mg From the perspective of the options market, the open interest (OI) of options contracts expiring on December 27 reached $11.8 billion, of which the OI of call options was $7.9 billion and the OI of put options was $3.92 billion. Assuming the open interest remains unchanged, this huge amount of money could have a huge impact on the market when it expires.
Will Pepe Coin surge 1500% as trading volume breaks 3-month high?
Pepecoin price is correcting after surging to a daily high of $0.00001480. Despite a 10.6% drop in the past 24 hours, PEPE price is still up 37% in the past week and its trading volume surged to a 3-month high after a bullish breakout. Can PEPE price surge 15x after breaking through five-month resistance? Pepe Coin trading volume hits 3-month high, price breaks all-time high Coingecko data shows that the popular meme coin has a daily trading volume of over $7.23 billion across three chains (BSC, Ethereum, and Arbitrum One) and multiple exchanges, indicating a surge in trader interest and activity. The last time such volume levels were reached was during the August 5 crash.
How long can Bitcoin continue to rise? Analysts reveal the time when the bull market will peak, which may coincide with a US recession
Copper analysts said that if historical trends are any guide, the Bitcoin bull market may peak in May next year, about 200 days from now. Despite the lingering shadow of the US recession, analysts pointed out that technical indicators such as the relative strength index (RSI) show that Bitcoin still has "substantial room for growth" in the coming months. In the latest report, the Copper.co research team conducted an in-depth analysis of the market value growth trajectory of Bitcoin in previous bull and bear cycles, and found that Bitcoin's market cycle lasts an average of about 756 days, starting with "market value growth turning positive" and ending with "price peaking."
Bull Market is Coming: 8 Trends Worth Watching in DeFi
DeFi is driving one of the most aggressive waves of innovation in decades. While some may feel that DeFi is a mature industry, it is still evolving rapidly, launching tools that have the potential to redefine traditional finance. Below we take a look at some of the most promising developments in DeFi and the protocols at the forefront of this revolution. 1. Yield Automated Market Maker Protocol The Yield Automated Market Maker (AMM) is launching a groundbreaking way to manage and trade yield. Protocols such as Pendle Finance separate the income generated by an asset from its principal value, allowing investors to speculate or hedge on future returns without selling the underlying asset.
Dogecoin briefly 'surpasses $0.43' with a 40% surge, F2Pool founder: If DOGE rises to $1, I will purchase a Mars exploration mission.
Amidst Bitcoin repeatedly hitting new highs and approaching the $90,000 mark twice, the surge of Dogecoin (DOGE), favored by Elon Musk, one of the key contributors to Trump's victory, is particularly noteworthy. Dogecoin rose 42% yesterday. According to CoinGecko data, Dogecoin briefly broke the $0.4 mark yesterday evening (12), reaching a high of $0.439, with a daily increase of over 42%. Before the deadline, it fell back slightly, currently at $0.3882, with a market cap exceeding $56.6 billion, rising to the sixth largest cryptocurrency, surpassing XRP.
F2Pool co-founder: If DOGE rises to $1, I will purchase a Mars exploration mission.
Is ETH about to soar? U.S. Ethereum spot ETF sets a new record with a single-day net inflow of $295 million.
According to SoSoValue data, the total net inflow of Ethereum spot ETFs on November 11 was $295 million, setting a record for the largest single-day net inflow in history, breaking the previous record of $106 million set on the day the Ethereum spot ETF was launched on July 23.
The Ethereum spot ETF with the highest net inflow yesterday was Fidelity's FETH, with a net inflow of $115 million. Currently, FETH has a historical total net inflow of $673 million, followed by BlackRock's ETHA, with a net inflow of $101 million and a historical total net inflow of $1.538 billion. Grayscale's Ethereum Mini Trust ETF ETH entered the top three with an inflow of $63.32 million, while Bitwise's ETHW had a net inflow of $15.57 million, and all other Ethereum spot ETFs had zero inflow.
Shiba Inu Bull Festival helps whales net millions, is a historical high for SHIB price on the horizon?
As the meme coin market shows positive momentum today, a Shiba Inu whale is gaining attention for its trading strategy. Recent on-chain data indicates that a savvy whale sold up to 100 billion SHIB during the token bull market, securing substantial profits. This event has sparked speculation in the market about the future price trends of the cryptocurrency, with investors wondering if the token has more momentum. Shiba Inu smart whale earns huge profits in the bull market According to on-chain data from Etherscan on November 12, a savvy whale sold 100 billion coins worth $2.85 million to the cryptocurrency exchange Gemini during the Shiba Inu bull market to make a profit. According to the data, whale address 0xd6B made a significant transfer to the aforementioned cryptocurrency exchange and profited from it.
Trump Cabinet Brings Major News! Musk Launches Congressional Leader 'Survey' Key Bitcoin Legislation Will Face Major Shock
Crypto media reports reveal that Trump will appoint new cabinet members who support cryptocurrency. U.S. media pointed out that billionaire Elon Musk is involved in influencing the structure of Trump's new government members, as he launched a major investigation into the Senate Majority Leader on Twitter, showing that Rick Scott is the most favored candidate supporting the crypto industry. Standard Chartered anticipates that the new government will overturn the SAB 121 crypto accounting law. Crypto Circle: Trump’s 'New Cabinet' Will Support Cryptocurrency Watcher.Guru wrote: 'President-elect Trump will appoint cabinet members who support cryptocurrency to fulfill his promise of making the U.S. the 'Crypto Capital of the Earth.'
Bitcoin surges 10% to break $89,000 new high! MicroStrategy increases its holdings by 27,000 BTC, stock price skyrockets
Bitcoin's upward momentum shows no signs of stopping, after continuously reaching historical highs in recent days, it peaked around 7 AM today at $89,575, setting a new high again. Although it briefly fell below $87,000, it quickly recovered, currently reported at $89,340, a surge of 10.76% in the last 24 hours.
Ethereum also reached $3,388 around the same time, but the funds seem to have been absorbed by BTC, resulting in a reduced increase. At the time of writing, it is reported at $3,320, an increase of 3.45% in the last 24 hours.
MicroStrategy increases its holdings Just last night, Michael Saylor, the founder of MicroStrategy, the leader in Bitcoin holdings among publicly traded companies in the U.S., posted on social media platform X that MicroStrategy purchased 27,200 Bitcoins for approximately $2.03 billion from October 31 to November 10, at an average price of $74,463.
Bitcoin Continues to Reach New Highs, Stablecoin Demand Surges, Tether Issues 4 Billion USDT in Three Days
On-chain data shows that as of yesterday (the 10th), Tether has issued a total of 4 billion USDT on Ethereum over the past three days, coinciding with Bitcoin reaching a new high. BNB1357 According to Spot On Chain monitoring, Tether issued 4 billion USDT on Ethereum in just three days, with approximately 3.44 billion USDT transferred to major exchanges, including 1.75 billion flowing into Binance and 770.8 million into Coinbase.
Regarding related developments, Tether also minted an additional 1 billion USDT on the Ethereum chain yesterday, classified as 'authorized but not yet issued' transactions. This means these tokens will serve as inventory for future issuance requests and on-chain swaps.
Options betting on 'Bitcoin hitting the $90,000 mark,' with open contracts exceeding $2.8 billion
Bitcoin broke through $81,000 and reached a new high, while the futures premium also soared, indicating investors believe Bitcoin can continue to rise, reflecting the expectation that candidates supporting cryptocurrency will be in power after the U.S. presidential and congressional elections.
Bitcoin broke through $81,000 and reached a new high, while the futures premium also soared, indicating investors believe Bitcoin can continue to rise, reflecting the expectation that candidates supporting cryptocurrency will be in power after the U.S. presidential and congressional elections. At the popular cryptocurrency derivatives exchange Deribit, the size of open contracts betting on Bitcoin prices breaking $90,000 exceeds $2.8 billion. K33 Research's head of research, Vetle Lunde, stated:
Breaking National-Level Signal! Trump's Strategic Advisor: A 'Big Event' is About to Happen as Bitcoin Surges Past 81,800 to Set New Highs
On Monday (November 11), Bitcoin surged to $81,846, once again setting a new historical peak. Forbes reported that a strategic advisor under Donald Trump revealed that at least one nation-state has been actively purchasing Bitcoin, suggesting that a 'big event' is about to happen globally.
David Bailey, CEO of Bitcoin Inc, the publisher of Bitcoin Magazine, and Bitcoin strategy advisor to Trump's campaign, posted that at least one nation-state is actively buying Bitcoin and has now become one of the top 5 holders of Bitcoin.
Dennis Porter, founder of the Satoshi Action Fund which helped Pennsylvania pass Bitcoin and cryptocurrency legislation, posted: 'I won't lie... I am more optimistic today than ever before, a big event is about to happen.'
Shiba Inu's burn rate skyrocketed by 1000% as nearly 500 million SHIB were burned; will it rebound by 300% next?
On a highly bullish Monday market, the burn rate of Shiba Inu saw a significant surge again, fueling the market's optimism about the meme token's price increase. According to recent data, as nearly 500 million SHIB were burned, the burn rate of the meme token surged by approximately 1000%. This record indicates that investors are optimistic about the future prospects of Ethereum-based meme tokens, with expectations of a possible 300% increase in the future. Shiba Inu's burn rate skyrocketed by 1000%, with 500 million coins burned. According to data from the official burn tracking entity Shibburn on November 11, Shiba Inu's burn rate surged by 1028.67% during the day. This spike is primarily due to the burning of 463.45 million tokens. Due to this significant burn impacting supply, the current market supply of SHIB has decreased to 589.26 trillion tokens as of the report.
Dogecoin becomes the 6th largest cryptocurrency! 'Target 1U', will DOGE replicate its gains from 2021?
Since Trump's victory, the cryptocurrency market has been rising for several days, with Bitcoin breaking $81,000 repeatedly hitting new highs, and among the top 30 cryptocurrencies by market capitalization, the most eye-catching rise has been from the original meme coin, Dogecoin ($DOGE). Dogecoin overtakes USDC to become the 6th largest cryptocurrency. CoinGecko data shows that Dogecoin surged from under $0.23 yesterday to about $0.3 today, reaching a new high since early November 2021. In the past 24 hours, Dogecoin has skyrocketed by 27.1%, with its market capitalization surpassing $4.239 billion, exceeding USDC's market capitalization of $3.69 billion, becoming the 6th largest cryptocurrency.
Bitcoin is on fire, breaking through $81,000! Standard Chartered: 'The $100,000 barrier is within reach.'
Not only is Bitcoin rising strongly, but this wave of market activity has also benefitted other cryptocurrencies. Geoff Kendrick further mentioned that he believes Solana (SOL) is likely to break its all-time high before the end of the year, with a high probability of outperforming Bitcoin.
Amid a frenzy of capital, Bitcoin is surging fiercely and frequently setting new highs. Today (11th), it briefly broke through $81,600, setting a new record price. Analysts at Standard Chartered expect that this wave of Bitcoin's momentum is far from over, with the potential to continue its ascent and easily break the '100,000' barrier by the end of the year, possibly reaching as high as $125,000.