Bitcoin Reclaims $118K, Which Altcoins Will Follow?
Key points:Bitcoin has broken above the $117,500 resistance, opening the gates for a retest of the all-time high at $124,474.Several altcoins have started a strong relief rally, signaling solid buying at lower levels.Bitcoin (BTC) closed…
Is Dogecoin Ready to Surge? MACD Golden Cross Says Yes
Dogecoin forms bullish patterns with MACD Golden Cross and ascending triangle. Analysts watch $0.27 breakout with $0.48 target in play.
Dogecoin (DOGE) is showing renewed…
Memecoin Profits Flow to Platforms, Not Traders: Report
Memecoins may attract new users to blockchains, but the profits largely flow to the platforms that launch and trade the tokens, according to a new report from Galaxy Research.The study released on Wednesday shows that while most traders…
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…