Can SEI rally 120%? – THIS bullish setup might hold the key
Key Takeaways
Why does SEI matter now?
SEI held $0.2887, defended $0.27, and daily transactions grew 16x since 2024.
What could traders expect next?
Analysts flagged 50SMA support, suggesting that the altcoin might rebound toward…
Injective Launches Pre-IPO Derivatives, Distances from Robinhood Offering
Injective Protocol, a layer-1 blockchain focused on decentralized finance, is launching onchain pre-IPO perpetual markets, giving global investors access to trade synthetic versions of major private companies such as OpenAI.The new offering…
Plasma CEO and Founder Paul Faecks Defends Team Amid XPL Token Selloff
Plasma (XPL) CEO and Founder Paul Faecks has defended the team members from a previous unconfirmed allegation circulating through social media. Paul has posted on X stating that the rumors circulating, since the launch of XPL, are not…
New IRS Guidance Spares Strategy From 15% Tax on Unrealized Bitcoin Gains
Interim IRS guidance lifts Strategy’s outlook by removing expected 15% tax exposure on unrealized bitcoin gains, strengthening earnings potential and reinforcing momentum from its massive cryptocurrency holdings. New IRS Guidance Frees…
Bit Digital Moves to Raise $100M for Ethereum Purchases
TLDR:
Bit Digital is seeking $100M through convertible notes due 2030, with funds directed toward Ethereum purchases.
The company may allow underwriters to buy an extra $15M in notes to cover over-allotments.
Proceeds from the…
Bitcoin Tops $114K, Altcoins Follow. Are New Highs Incoming?
Key points:Bitcoin could challenge the $117,500 level if buyers secure a daily close above $114,000.Altcoins are trying to start a relief rally, but are still expected to face selling at higher levels.Bitcoin (BTC) extended its recovery…
10 Promising Signals for the Crypto Market in October
Uptober is just one day away, and optimism is running high for Bitcoin (BTC) and the broader crypto market.
As the industry enters the tenth month of the year, the alignment of 10 key internal, macro, technical, and on-chain signals…
Bitcoin taker buy volume drops to 2024 lows as sellers dominate
Key Takeaways
What does Bitcoin’s declining Taker Buy Volume suggest?
It signals weak demand and increased caution among buyers, risking a trend reversal.
Which groups are driving the selling pressure on Bitcoin?
Sharks and retail…
Will M Token Smash Through $3 in the Next 24 Hours?
Memecore (M) has grabbed the spotlight today with a sharp price surge, drawing the attention of traders eyeing its next major milestone. After days of volatile movement, the M token has shown strong upward momentum, sparking speculation…