Blockcast.cc

Dogecoin (DOGE) surged by 25.4% in 24 hours, briefly reaching $0.2133 Dogecoin (DOGE) surged by 25.4% in 24 hours, briefly reaching $0.2133. Market capitalization temporarily exceeded $29 billion, surpassing XRP. Elon Musk’s comments reignited interest, leading to a 243.37% increase in trading volume. Musk’s influence on Dogecoin is significant, often driving price changes. Analysts predict a potential parabolic bull run if DOGE maintains above $0.20. Dogecoin’s network is expanding, with over 35,000 new addresses daily. Dogecoin’s Meteoric Rise and Market Impact Dogecoin recently experienced a dramatic surge, with its value jumping by approximately 25.4% within a single day, reaching a peak of $0.2133. This sudden increase in price propelled Dogecoin’s market […] https://lnkd.in/gmGXJ7bM

Ethereum surged to a three-month high, surpassing $2,900: Is this the time to buy? Ethereum surged to a three-month high, surpassing $2,900. A 20% price increase in two days highlights bullish sentiment. Rising estimated leverage ratio and funding rates indicate speculative activity. Open interest in Ethereum derivatives reached a five-month high. Ethereum is testing the 200-day moving average, a critical resistance level. Inflows to Ethereum ETFs have reached significant levels. Ethereum’s Meteoric Rise and Market Dynamics Ethereum has recently experienced a remarkable surge, climbing to a three-month high above $2,900. This impressive rally, marked by a 20% increase in just two days, underscores a growing bullish sentiment among investors. The price oscillated between $2,400 […] https://lnkd.in/gXXMfJRa

$371 million in crypto shorts were liquidated- Rally Next? $371 million in crypto shorts were liquidated, highlighting speculative dominance. Bitcoin reached a new all-time high (ATH) of $76,000 amid election-related liquidity. A 25 basis point FOMC rate cut contributed to bullish momentum. Potential for a long squeeze as long liquidations accumulate. Strategic planning is crucial to navigate market volatility. Derivative market evolution and high Open Interest (OI) levels. Retail and institutional investors play a key role in sustaining the rally. Speculative Surge and Market Dynamics The recent liquidation of $371 million in crypto shorts underscores a significant shift towards speculative trading within the cryptocurrency market. This event has propelled […] https://lnkd.in/gYCjqiUm

Bitcoin: Key support levels to watch include $70,000 and $53,000, with a measured move target of $126,000 Bitcoin surged to an all-time high following Donald Trump’s victory in the U.S. presidential election. Analysts from Standard Chartered predict Bitcoin could reach $125,000 by the end of the year and $200,000 by 2025. Trump’s pro-crypto stance, including plans for a national Bitcoin reserve, is seen as a catalyst for Bitcoin’s rally. Bitcoin’s price has formed a “cup and handle” pattern, indicating a potential continuation of its long-term uptrend. Key support levels to watch include $70,000 and $53,000, with a measured move target of $126,000. Bitcoin’s Trump-Driven Surge Bitcoin has experienced a remarkable surge, reaching unprecedented heights as Donald Trump’s […] https://lnkd.in/gnZRtMC3

$9.3 billion in ERC-20 stablecoins has been deposited into major exchanges, potentially signaling a bullish rally for Ethereum A massive $9.3 billion in ERC-20 stablecoins has been deposited into major exchanges, potentially signaling a bullish rally for Ethereum. Ethereum’s active addresses have increased, indicating rising retail interest and network activity. Ethereum has surged over 8% recently, reaching $2,872, though still 42.7% below its all-time high. The influx of stablecoins is the second-largest in history, with Binance and Coinbase receiving the majority. Historical patterns suggest such inflows often precede bullish market trends. Ethereum’s Market Momentum Ethereum is currently experiencing a wave of positive momentum, mirroring the broader gains seen across the cryptocurrency market. Despite not yet reclaiming its previous […] https://lnkd.in/gjUkwv_v

Solana (SOL) surged over 15%, surpassing Binance Coin (BNB): What’s the growth driver? Solana (SOL) surged over 15%, surpassing Binance Coin (BNB) to become the fourth-largest cryptocurrency. SOL’s price broke above $180, with potential to reach $250 if momentum continues. The crypto market rose 3% post-US elections, with SOL leading the charge. SOL’s market cap increased by 14.66%, reaching $88.1 billion. A bullish MACD crossover suggests strong potential for SOL to test its yearly high. SOL’s trading activity surged by 210%, reaching $10.7 billion in 24 hours. SOL’s rise marks a significant shift in market dynamics, overshadowing Ethereum. BNB faces resistance at $600, which could impact its position relative to SOL. SOL’s continued […] https://lnkd.in/gMiSjiQY

Dogecoin, associated with Elon Musk, surged up to 16% before settling at an 8% gain Donald Trump’s re-election has boosted Bitcoin by nearly 10% in the past 24 hours. Dogecoin, associated with Elon Musk, surged up to 16% before settling at an 8% gain. Elon Musk is set to lead the Department of Government Efficiency (DOGE) in Trump’s administration. DOGE will conduct a financial and performance audit of the federal government. Dogecoin’s popularity is closely tied to Musk’s influence and public endorsements. Musk’s influence on Dogecoin has waned, but his role in the Trump administration could renew interest. The Trump Effect on Cryptocurrency Donald Trump’s return to the White House has sent ripples through the […] https://lnkd.in/gXsjcerA

Bitcoin surged over 7.7% following Trump’s victory in the U.S. presidential elections- Bullish times ahead? Bitcoin surged over 7.7% following Trump’s victory in the U.S. presidential elections. The crypto community is eager to see if Trump will fulfill his pro-crypto promises. The U.S. plays a pivotal role in the global financial and cryptocurrency landscape. Trump’s election has brought renewed focus on U.S. cryptocurrency policies. Bitcoin reached a new all-time high of over $75K before correcting. Trump has made ambitious promises regarding cryptocurrency regulation. The U.S. and Cryptocurrency: A New Era? The United States, as a global economic leader, has always been at the forefront of financial innovation and regulation. Its influence extends deeply into the […] https://lnkd.in/g83kgiuS

Bitcoin surged over 7.7% following Trump’s victory in the U.S. presidential elections- Bullish times ahead? Bitcoin surged over 7.7% following Trump’s victory in the U.S. presidential elections. The crypto community is eager to see if Trump will fulfill his pro-crypto promises. The U.S. plays a pivotal role in the global financial and cryptocurrency landscape. Trump’s election has brought renewed focus on U.S. cryptocurrency policies. Bitcoin reached a new all-time high of over $75K before correcting. Trump has made ambitious promises regarding cryptocurrency regulation. The U.S. and Cryptocurrency: A New Era? The United States, as a global economic leader, has always been at the forefront of financial innovation and regulation. Its influence extends deeply into the […] https://lnkd.in/g83kgiuS

Big XRP Withdrawals? Over 800 million XRP coins were transferred within a South Korean exchange recently Over 800 million XRP coins were transferred within a South Korean exchange recently. XRP’s price increased by over 4% in the last 24 hours. A significant transfer of 866,092,944 XRP coins was flagged on November 5th. These coins, valued at approximately $803.8 million, were moved from Bithumb to multiple wallets. The withdrawal has sparked interest in XRP’s exchange inflows, outflows, and daily active address metrics. The market is questioning whether this withdrawal indicates a shift in market behavior. Ripple Effect on XRP Inflow and Outflow The recent massive withdrawal of XRP has turned the spotlight on the inflow and outflow […] https://lnkd.in/gmtnbV2C