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.
Bitcoin reverses and breaks through $81,500 to set a new high, Ethereum approaches $3,500; 'double kill' sees over 210,000 liquidations.
Bitcoin has seen continuous significant gains in recent days, although it briefly dipped to $78,500 at midnight today, it quickly surged again, reaching $81,568, setting a new historical high. At the time of writing, Bitcoin has slightly retraced, currently priced at $80,571, with a 24-hour increase of 4.68%.
Ethereum also experienced a rapid drop after reaching a high of $3,248 a few hours ago, before recovering again, currently reported at $3,196, with a 24-hour increase of 2.68%.
In the past 24 hours, the total liquidation amount reached $680 million. Amidst the violent fluctuations of Bitcoin, according to Coinglass data, the total liquidation amount in the cryptocurrency market reached $681 million in the past 24 hours, with long positions liquidated at $312 million and short positions at $369 million, affecting over 210,000 people, resulting in a double kill for both bulls and bears.
Demand for Spot Ethereum ETF Rises Again; Can ETH Reach $4000 Soon?
The inflow of the spot Ethereum ETF has significantly increased, reaching $155 million this week, with ETH price rising 18% and breaking through $3000.
The inflow of the Ethereum spot ETF has accelerated again, especially after Donald Trump's victory and the Federal Reserve's announcement of a 25 basis point interest rate cut this week. Over the past three consecutive days, the Ethereum ETF recorded net inflows, with total outflows decreasing from a peak of $550 million a few weeks ago to $324 million. Ethereum Spot ETF Once Again Gaining Favor As Bitcoin reached a record high of over $77,000, Ethereum (ETH), the largest altcoin, also gained strong attraction. Consequently, the inflow of the spot Ethereum ETF rose slightly again, reaching a weekly high of $85.9 million on Friday, November 8. Thus, following Trump’s victory, the weekly inflow surged to $155 million.
The last time Trump was in power, Bitcoin soared more than 1,900%. How high can it go this time?
Trump’s victory, announced on November 6, has already spurred Bitcoin to a new high of around $76,400, with top analysts such as TYMIO Yield founder Georgii Verbitskii predicting that Bitcoin could surpass $100,000 in the coming months.
During Trump’s first term as U.S. president, which ran from November 2016 to November 2020, Bitcoin surged more than 1,900%. This was despite his critical stance on cryptocurrencies at the time, which included a post blasting Bitcoin as “highly volatile” and “without basis for value.”
Bitcoin breaks $77,000 to set a new record, Ethereum approaches $3,000! The Trump effect continues, and the three major US stock indices also break historical records.
The Trump effect continues to ferment, Bitcoin fluctuated between $75,600 and $76,500 yesterday (8), but after 1 AM today it started to rise steadily, breaking through $77,000 by 3:30 AM, reaching a high of $77,200. Since Trump's victory, Bitcoin has set a historical high for four consecutive days. Before publication, it slightly retreated to $76,383, with the increase in the last 24 hours narrowing to 0.31%.
Ethereum's rise was even more aggressive, climbing to $2,995 around 9 AM today, setting a new high for over three months. Before publication, it reported $2,984.55, up nearly 2% in the last 24 hours.
Signals from the Chinese cryptocurrency community! Bao Er Ye: China's USDT trading far exceeds that of the US, Trump is preparing to 'drive up' Bitcoin.
After Donald Trump announced his victory, Chinese blockchain lawyers Guoke and Uncle Silicon Valley went to the US for an exclusive interview with the veteran player in the Chinese cryptocurrency community, Bao Er Ye (Chandler Guo). Bao Er Ye stated that the Chinese market uses the USDT stablecoin to trade cryptocurrencies far more than the US, claiming that China is the largest mining base in the world. He predicted a bullish market for cryptocurrencies, believing that Trump is preparing to 'drive up' the price of Bitcoin. Bao Er Ye said: 'I believe that after just two more halvings, Bitcoin will reach one million dollars each. I think the next halving will reach 500,000 dollars; how is this half million dollar calculated?'