Cointelegraph By Yashu Gola
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Solana price up 50% in two weeks, but here’s why $120 will be hard to crack
Cointelegraph By Yashu Gola - 0
Solana (SOL) continued its two-week uptrend on March 30, rising in part owing to its integration with OpenSea, the world's biggest nonfungible token (NFT) by volume. SOL price rises to multi-week highsSOL's price gained 4.5% in the past 24 hours to around $117 per token, its best level since Feb....
Bitcoin to $58K next? A 2019-like ‘reversal ascending triangle’ hints at more upside for BTC
Cointelegraph By Yashu Gola - 0
A sharp reversal in the price of Bitcoin (BTC) out of an otherwise bearish technical setup has raised its chances of reaching $58,000 in Q2.Bitcoin price bottoming out?On the daily timeframe, Bitcoin broke out of its ascending triangle on March 27 to the upside, bringing the much-anticipated level of...
Dogecoin signals bottoming out as DOGE rebounds 30% in two weeks — What’s next?
Cointelegraph By Yashu Gola - 0
A brutal correction witnessed in the Dogecoin (DOGE) market between May 2021 and February 2022, which saw the price dropping by almost 85%, appears to have come to a halt this month.DOGE/USD rebounds 30% in two weeksDOGE experienced strong dip-buying when its price crashed to levels around $0.10...
ProShares ETF’s Bitcoin stash hits $1.27B as BTC eyes $50K by mid-April
Cointelegraph By Yashu Gola - 0
Strong inflows into the ProShares Bitcoin Strategy ETF (BITO) in the past two weeks pushed its Bitcoin (BTC) exposure to a new record high.No Bitcoin outflows despite 'rollover' risksThe fund, which uses futures contracts to gain exposure to Bitcoin's price movements, had a record 28,450 BTC under its management...
Cardano pares most of its Q1 losses as ADA rebounds 60% in a month — What’s next?
Cointelegraph By Yashu Gola - 0
Cardano (ADA) inched higher on March 25, putting itself on course recoup a great portion of losses that it had incurred in the first two months of this year.Cardano: not so bullish yet?ADA's price jumped by around 7.5% in trading Friday, reaching $1.19 over a month after bottoming...
BAYC’s ApeCoin up 50% this week as its creator raises $450M in new funding
Cointelegraph By Yashu Gola - 0
ApeCoin (APE) continued its rebound move Thursday as the firm behind it raised hundreds of millions of dollars in a funding round led by Andreessen Horowitz.APE's price surged 7.5% intraday to reach around $14.50 per piece. Notably, the token's upside move came as a part of a retracement...
Ethereum Classic up 75% in 8 days, but will ETH miners migrate after ETC ‘fifthening’?
Cointelegraph By Yashu Gola - 0
Ethereum Classic (ETC) price climbed on March 22, ignoring a deadly "death cross" on the weekly chart, as traders raised their bets on its potential to become a haven for miners fleeing the rival Ethereum blockchain. ETC's price jumped over 15.5% to reach $44 a token for the first...
ETH price hits $3K as major crypto fund adds over $110M Ethereum to Lido’s staking pool
Cointelegraph By Yashu Gola - 0
Ethereum's native token Ether (ETH) rose above $3,000 on March 22 as fresh data suggests Three Arrows Capital staked at least $110 million worth of ETH into Lido's liquidity pools.The Singapore-based hedge fund manager provided liquidity worth 36,401 ETH to Lido's "Curve stETH pool" using a third-party Ether wallet, data from...
Ethereum balance on crypto exchanges falls to lowest levels since 2018
Cointelegraph By Yashu Gola - 0
The amount of Ethereum‘s native token Ether (ETH) kept with crypto exchanges has fallen to its lowest levels since September 2018, signaling traders‘ intention to hold the tokens in hopes of a price rally in 2022.Notably, nearly 550,000 ETH — worth around $1.61 billion — have left centralized...
Buying a Coinbase stock (COIN) to gain indirect exposure in the Bitcoin (BTC) market has been a bad strategy so far compared to simply holding BTC. Notably, COIN is down by nearly 50% to almost $186, if measured from the opening rate on its IPO on April 14, 2021....