Cryptocurrency-related stocks, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ: RIOT) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). The cryptocurrency markets are rallying ahead of the first Bitcoin futures ETF, which is set to begin trading on Tuesday. Coinbase is a provider of end-to-end financial infrastructure and technology for the crypto-economy. The stock… Source link

What’s happening: Hype around bitcoin is building again, with a financial tool that could boost public exposure to the digital currency poised to make its debut this week. Driving the gains: Investors are excited about the anticipated launch of the first bitcoin futures exchange-traded fund. The ProShares Bitcoin Strategy ETF will go live on Tuesday, according to the company. The fund will provide an entry point for investors who are interested in cryptocurrencies but don’t want to deal with… Source link

Ripple and Litecoin have been quite weak since early Spetember, when the second bearish phase started in the crypto market. Other major cryptocurrencies have turned quite bullish, with Bitcoin trading above $60,000 and Ethereum heading for all-time highs, while tyhese two cryptos ate not showing any bullish signs, although the situation might be changing slowly. Litecoin Daily Chart Analysis – Will the 200 SMA Go Soon? The price sticking to the 200 daily SMA too long Litecoin has been trying… Source link

Ethereum is currently retesting September’s daily highs with the momentum pointing towards a new ATH.  Fundstrat Global Advisors indicated that the second-largest digital asset by market capitalization, Ethereum, could soon set a new record of $4,900. According to the company’s technical analytics, the rising market share of Ethereum is a major factor in its future growth prospects. “Ethereum looks to be starting to gain on bitcoin after a near one-month period of underperformance… Source link

Bitcoin Bitcoin, BTC to USD, rose by 12.48% in the week ending 17th October. Following a 13.37% rally from the week prior, Bitcoin ended the week at $61,504.0. A mixed start to the week saw Bitcoin fall to a Tuesday intraweek low $53,837.5 before making a move. Steering well clear of the 23.6% FIB of $50,473 and the first major support level at $48,909, Bitcoin rallied to a Saturday intraweek high $62,900.0. Bitcoin broke through the first major resistance level at $58,462 and the second major… Source link

Ethereum Ethereum rose by 0.46% on Sunday. Partially reversing a 1.04% decline on Saturday, Ethereum ended the week up by 12.66% to $3,847.18. A bullish start to the day saw Ethereum rise to a mid-morning intraday high $3,919.00 before hitting reverse. Falling short of the first major resistance level at $3,931, Ethereum slid to a late intraday low $3,643.00. Ethereum fell through the first major support level at $3,765 and the second major support level at $3,700. Finding late support, however,… Source link

SOPA Images/Getty Bitcoin is at it once again. The original Source link

SOPA Images/Getty Bitcoin is at it once again. The original Source link

In this article BTC.CB= A bitcoin bull is on pullback watch. Hedge fund manager Mark Yusko believes investors will take profits due to the cryptocurrency’s sharp rally over the last few weeks. “There are a lot of people that think we could hit $100,000 by the end of the year. The stock to flow model says we should,” the Morgan Creek Capital Management CEO and CIO told CNBC’s “Trading Nation” on Friday. “I also wouldn’t be surprised of a little consolidation. Look, we’re up 40% this month which… Source link

Macro guru Raoul Pal says three price prediction charts for Bitcoin, Ethereum and Solana are working like “pure magic.” In a new Crypto Banter podcast, the co-founder and chief executive officer of Real Vision compares Bitcoin’s current market cycle to that of 2012-13, suggesting a price target of over $250,000 for the end of this bull run.   “I’ve been using this for over a year, and it’s been pure magic…It gives us a pretty clear target, and it’s been magic. It… Source link