Could XRP, Solana be next in the crypto ETF race after Trump’s win?

Journalist Posted: November 12, 2024 The growing interest in crypto ETFs includes potential filings for XRP, Solana, and Cardano. Regulatory shifts tied to the U.S. election could impact crypto ETF approvals. Following the unprecedented success of spot Bitcoin [BTC] ETFs, the cryptocurrency ETF market was poised for further expansion. Are other crypto ETFs incoming? Industry…

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ETH’s $3,200 test: Will Ethereum whales drive the rally or cause a setback?

Ethereum’s price surge to $3,200 draws attention to Ethereum whales and long-term holders. Increased whale activity could fuel further growth, but profit-taking by LTHs may limit upside. After months of consolidation, Ethereum [ETH] has rallied significantly in response to a surge in Bitcoin’s value, bringing it to a critical resistance level around $3,200. The coming…

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Solana briefly joins $100B club: What this means for SOL prices

Solana peaks at November 2021 highs, entering the $100 billion club. Meanwhile, the derivate market signals caution. Moonvember continues to deliver on its promise, thrilling crypto enthusiasts with significant milestones and momentum. Among the most notable achievements was Solana [SOL] briefly entering the exclusive $100 billion club. Despite the excitement, SOL’s stay in this prestigious…

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Charles Hoskinson says ‘working with Washington’ – ADA surges

Charles Hoskinson’s remarks sends ADA soaring to 6-month highs. However, ADA’s state pointed to an impending correction.  Cardano [ADA] has made a remarkable comeback, rebounding from a prolonged downturn that began with the broader market decline in April. While the altcoin experienced a renewed bull run since last week, triggered by Bitcoin’s [BTC] remarkable surge,…

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VeChain climbs 28%, VeThor pumps 43% – But is a correction here?

Journalist Posted: November 11, 2024 Both VET and VTHO’s social metrics increased last week.  Technical indicators suggested a price correction for VTHO.  VeChain [VET] and VeThor [VTHO] have surprised investors in the recent past with their bullish performance. As the market turned in investors’ favor, these tokens weren’t late to register promising upticks. Therefore, AMBCrypto…

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MicroStrategy Bitcoin holdings cross $20B – Global crypto adoption next?

MicroStrategy’s Bitcoin holdings surpassed $20 billion, solidifying its position. Bitcoin’s surge fueled global adoption, influencing institutions and nations alike. Michael Saylor’s MicroStrategy is making headlines once again, as the business intelligence giant’s Bitcoin [BTC] holdings have soared past the $20 billion mark. MicroStrategy’s Bitcoin holdings soar With a total of 252,200 BTC now valued at…

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XRP eyes breakout: Will THIS push the altcoin past $0.6533?

contributor Posted: November 11, 2024 XRP is approaching the critical $0.6533 resistance, with bullish indicators suggesting a strong upward potential. Active addresses and transaction growth reinforced a positive sentiment for a breakout. Ripple [XRP] was rapidly approaching a crucial resistance level of $0.6533 at press time, sparking renewed optimism among traders and investors. Trading at…

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145% growth for Filecoin? 2 factors supporting FIL’s upside

contributor Posted: November 10, 2024 Filecoin’s resilience with its two-year support level highlights its potential for a significant breakout. Analyst predictions suggest major gains for Filecoin, with targets up to $30. Holding a crucial support level for nearly two years, Filecoin [FIL] shows resilience that may set it apart from other cryptocurrencies. Beyond just technical…

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Dogecoin repeats 2020’s trick – Should you bet on a similar breakout in 2024?

Dogecoin’s bi-monthly RSI surge mirrored the bullish setup seen before 2020’s rally Positive on-chain metrics and cautious optimism underlined potential Dogecoin [DOGE]’s bi-monthly RSI has surged to levels not seen since 2020, mirroring a pattern that ignited a major rally years ago. At press time, DOGE was priced at $0.2112 following a 7.17% hike in…

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Bitcoin – Assessing how shorts, negative funding rates can have their say

Bitcoin shorts could contribute to higher prices in a short squeeze scenario At press time, bulls remained in control despite the recent highs and growing expectations of downside AMBCrypto previously looked at the possibility of long liquidations if Bitcoin retraces after attaining it most-recent all-time high. Well, despite being overbought, sell pressure remained weak across…

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Solana price prediction – Why $205 could make or break SOL’s rally

Solana’s social dominance hit record levels amid its whale distribution phase At press time, its technical setup suggested strong resistance at $205 with significant liquidation events Solana’s (SOL) ecosystem is witnessing unmatched social engagement right now, with the same marking a significant shift in market dynamics.  Source: Santiment Notably, recent data from Santiment indicated that…

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Bitcoin vs Ethereum – Here’s why Raoul Pal is backing ETH in a post-election race

Bitcoin surpassed its previous all-time high post-election, while Ethereum approached the $3k resistance Raoul Pal predicts Ethereum could outpace Bitcoin due to evolving regulations and DeFi growth Donald Trump’s victory as the 47th president of the United States has sent positive waves throughout the cryptocurrency market, with some coins surging to new heights. Bitcoin and…

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