June 2024 – Page 23 – Coins Cap News
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Ethereum: 200,000 ETH Options Expiry Spurs Demand – How Far Can Price Go?

Cryptocurrency Market News

Investors are bullish on Ethereum as the industry awaits the launch of Spot Ethereum ETFs. This sentiment is relayed through the recent expiration of Ethereum options contracts and the put-call ratio. According to data, over 200,000 ETH options recently expired, and the crypto community eagerly awaits the direction of the Ethereum price. Notably, the majority…

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Analyst Calls Buy Signal As Solana Hits Key Support At $141

Solana

According to data from CoinMarketCap, Solana (SOL) has been slightly positive in the last day, notching a market gain of 1.37%. This price increase, while little, is highly encouraging for investors considering Solana’s bearish form in the past week where it lost 8.11% of its market value. Interestingly, crypto analyst Ali Martinez postulates that SOL…

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Bernstein Analysts Revise Bitcoin Target, $200,000 And $1 Million Become Main Focus

Bitcoin

Bernstein analysts Gautam Chhugani and Mahika Sapra recently revised their price targets for Bitcoin in their latest market report, which also initiated coverage on MicroStrategy. These analysts also outlined factors that they believe could contribute to BTC’s exponential price surge.  Bitcoin To Hit $200,000 And Then $1 Million Chhugani and Sapra predicted in the report…

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Solana Whale Shakes Market With $372 Million Transfer, Where Are The Coins Headed?

Solana

Solana (SOL) whales are at it again, as they are seen to have moved a significant amount of their Solana holdings in the last 24 hours. This comes amidst the bearish sentiment in the crypto market, which has also caused Solana’s price to decline.  Solana Whales Move Over $500 Million Worth Of SOL In Several…

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Spot Ethereum ETFs Expected To Begin Trading On July 2, Can This Propel ETH To $10,000?

Ethereum

Discussions around when the Spot Ethereum ETFs will likely begin trading have continued to heat up. This time, Bloomberg analyst Eric Balchunas and fellow Bloomberg analyst James Seyffart have shared an update on when they expect these funds to begin trading.  Spot Ethereum ETFs To Begin Trading By July 2 Balchunas stated in an X…

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XRP Whale Goes On Shopping Spree: 27 Million Coins Snapped Up As Price Dips

Cryptocurrency Market News

A recent buying spree by a deep-pocketed XRP investor has sent ripples (pun intended) through the cryptocurrency community. This whale, with a seemingly bottomless appetite for XRP, has scooped up nearly 27 million coins, sparking speculation of a potential price surge. However, the broader market sentiment remains murky, leaving investors to navigate a sea of…

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Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom?

Dot

Polkadot (DOT), a prominent player in the blockchain ecosystem, is currently experiencing a dramatic decline, prompting a bearish alert. The cryptocurrency is in freefall, with its price plummeting towards new lows. A combination of market-wide volatility, negative investor sentiment, and regulatory pressures fuels this sharp downturn. As DOT’s value continues to erode, investors are advised…

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Unveiling Bitcoin’s Drop To $65,000: Here’s How Much BTC Miners Sold

Bitcoin

Bitcoin has faced a significant amount of selling pressure over the past week, according to the latest on-chain data. Expectedly, this bearish pressure has had a notable impact on the price of the premier cryptocurrency. According to data from CoinGecko, the value of Bitcoin has declined by nearly 5% in the past seven days. On…

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WIF Price Crashes 15% – Will The Freefall Continue?

Cryptocurrency Market News

Dogwifhat (WIF), the once-booming memecoin featuring a Shiba Inu sporting a stylish knitted beanie, finds itself in hot dog water. After a meteoric rise earlier this year, WIF has been on a downward spiral, trapped within a descending channel since late May. Analysts are carefully keeping tabs as the canine crypto approaches a critical support…

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Bitcoin Crashes To $65,000, Expert Unpacks Drivers Of Crypto Market Bloodbath

Bitcoin News

The cryptocurrency market has been experiencing a significant downturn, with Bitcoin leading the way by retracing to the $65,000 mark after failing to retest its all-time high of $73,700 reached in March.  Market expert Michael van de Poppe has shed light on the reasons behind this ongoing bloodbath, highlighting several key factors that have contributed…

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