Monday, November 18, 2024
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Ether to Extend Outperformance Versus Bitcoin Following Recent Breakout, FSInsight Says

Solana “remains a near-term standout” after reaching $235, but may see some minor consolidation following the latest rally. FSInsight predicts further gains up to $308.60 and suggests buying during dips. If, however, there is a pullback, FSInsight sees first support in solana at $178.56 and then at $152.54. Source

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Asset Manager Pimco to Extend Crypto Involvement: Report

Investment behemoth Pimco, which has over $2.2 trillion in assets under management, has dabbled in cryptocurrencies and plans to invest further, according to Chief Investment Officer Daniel Ivascyn.Ivascyn told CNBC on Wednesday that some of the fixed-income focused firm’s hedge-fund portfolios are already trading crypto-linked securities, which he described as

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Bitcoin bounce levels extend to $36K with bulls unmoved by 8% BTC price dip

Bitcoin (BTC) kept blowing through support levels during trading on Sept. 20 ahead of what promised to be a "very interesting" U.S. stock market open.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNo sweat for BTC traders after $42,500 visitData from Cointelegraph Markets Pro and TradingView tracked BTC/USD. It dipped briefly to near

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Derivatives data shows Ethereum traders positioned to extend the ETH rally

Ether (ETH) price rallied 32% leading up to August 23, and despite testing the $3,000 support multiple times, the level has held firmly. Meanwhile, Bitcoin (BTC) could not sustain the $50,000 mark, at least in the short-term. According to Cointelegraph, pro traders are not yet inclined to add bullish positions

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