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 Trump Media (NASDAQ: DJT) surged at the opening bell on Monday after announcing that its Bitcoin treasury program has swelled to approximately $2 billion in combined holdings of Bitcoin and Bitcoin-related securities. The company, which operates Truth Social, revealed in a press release that the crypto-heavy strategy now accounts for roughly two-thirds of its $3 billion in liquid assets. In addition to direct Bitcoin exposure, Trump Media has allocated $300 million for purchasing options tied to Bitcoin-linked equities, which it may eventually convert into spot Bitcoin depending on market conditions. DJT shares rose 8.73% pre-market, jumping from Friday’s close of $18.67 to $20.30 on the news. The market reaction reflects growing investor confidence in the company’s aggressive move into digital assets, which aligns closely with President Trump’s broader push for the United States to become a global crypto leader. Trump Media price at market open. Source: Google Financ...

The price of Ethereum (ETH) recently reclaimed the upper boundary of its multi-week range, breaking above the $2,800 resistance level. At press time, Ether sits at $2,818, with its market capitalization now up to $338.8 billion. The cryptocurrency market seems to be rebounding from its recent slump. Bitcoin (BTC) has reclaimed the $108,000 mark and is inching closer to hitting $110,000 once again. BTC hitting $110,000 could lead to another market-wide rally, causing the likes of ETH to follow. One indicator hinting at a potential Ethereum breakout outside of Bitcoin’s rally has been the ETH relative strength index (RSI). Crypto analyst Merlijn highlights that the market experienced a “fakeout” below key support, which was immediately followed by a bullish reversal and breakout. A visible RSI downtrend was also breached, signaling renewed strength in momentum. The chart above, shared by Merlijn shows an ascending triangle pattern—marked by rising lows and flat resistance—that cul...

It has been a fantastic start to the week for the leading cryptocurrency, as it has bounced back in a major way. Moreover, Bitcoin ETF inflows have increased 146% amid an ongoing 3-day streak, leaving many to question if a bull market is nearing for the asset class. The token had briefly broken through the $94,000 mark as it has been increasing steadily over the last two days. Indeed, it has been fueled by a shifting sentiment that has benefited a host of financial markets. Therefore, could there be even more gains approaching for the token? Source: Watcher Guru Also Read: Deutsche Bank, Standard Chartered Eye Expanded US Crypto Operations Bitcoin ETFs Continue Bounce Back as Sentiment Is Starting to Shift Tuesday proved to be major for Bitcoin, as the asset has been surging. It officially overtook Google as the fifth-largest asset in the world. Moreover, it has shown signs that increased price movement could be in its future. Specifically, its investment fund has been doing increasing...

Bitcoin price prediction experts are closely watching as Bitcoin tests the $85,000 level right now, and it’s potentially heading toward the $100K mark this week. At the time of writing, many investors and traders are wondering if popular meme coins such as Dogecoin and Shiba Inu will also follow this crypto surge. The current cryptocurrency market trends seem to show that investors are actually favoring Bitcoin’s relative stability amid the increased market volatility we’re seeing. Also Read: You Can Now Become A PEPE Millionaire For Just $7 How Bitcoin’s $100K Milestone Could Trigger Dogecoin & Shiba Inu Price Rallies Source: Watcher Guru The meme coin market has experienced a notable 4.8% downturn on Monday, with the total market cap dropping to around $49.25 billion as capital appears to be shifting toward Bitcoin dominance ahead of a potential breakthrough. Source: CoinGecko Meme Coin Market Retreats as Bitcoin Strengthens Source: TradingView Dogecoin is curr...

An Ethereum (ETH)-based altcoin is skyrocketing after gaining support from South Korea’s second-largest crypto exchange. In a new announcement, crypto trading platform Bithumb says that it is now supporting the interoperable cross-chain bridge Across Protocol (ACX), triggering rallies for the digital asset. News of the event caused ACX to surge, as it went from a March 21st low of $0.275 to a peak of $0.462 just a few hours later, a rise of nearly 68%. It has since retraced and is trading for $0.319 at time of writing, a 10% gain during the last 24 hours. In its whitepaper, Across Protocol says it is the only cross-chain platform powered by intents. Explains Across Protocol, “Intents introduce a third party, a relayer (alternatively named filler, or solver), that does the job of delivering assets / executing user transactions quickly. An intent is a type of order where a user specifies an outcome instead of an execution path. In practice, intents ...

The US stock market has struggled, facing increased volatility and concern throughout the year so far. There is no shortage of companies that have seen their share price fall, with talk of a trade war abounding. However, Tesla (TSLA) has been projected to increase, according to TD Cowen, who has said the stock can surge 45% despite its slow start to the year. The EV manufacturer has been one of the hardest hit stocks of the year, with its price on a major downfall. Although there remains a lot of potential in the robotics and autonomous driving sectors, that has yet to pay off in the near term. However, that could change soon. Source: Bloomberg Also Read: Tesla (TSLA) Drops 27% in February: Analysts Answer What’s Next Tesla Could Have 45% Jump in Store, TD Cowen Says In 2024, Elon Musk had publicly aligned himself with the Trump administration, campaigning to return to the White House. The SpaceX CEO played a critical role in making that happen and was rewarded with a position in Donal...

Pi Network Coin plunged 65% minutes after its launch on Thursday causing millions in losses to investors. However, the token rebounded in the charts and surged more than 100% during the weekend doubling investor’s money in a short period. It had fallen to a low of $0.65 and is now hovering at the $1.61 mark in the indices. It surged close to $1 during the weekend in a remarkable turn of events. Also Read: A Hidden Fed Decision? Why XRP, XLM, and HBAR Could Be at the Center of It Source: Coingecko Traders who held on to their positions without fearing the crash and jumping ship are now sitting in massive profits. Their portfolios have more than doubled in less than a week and Pi Coin is now among the top-performing assets in the broader cryptocurrency market. If you had invested $1,000 on its launch day on February 20, it would have turned into $2,650 on Monday. Also Read: Gold Prices Hover Near Record Peak Source: Coingecko How High Can Pi Coin Reach? Source: X / Pi Core Team Lead...

Despite its recent correction to kick off the New Year, the cryptocurrency market may have some big plans for Chainlink (LINK). LINK is recovering from a 13% dropoff to start the year, and analysts are bullish on the asset to rebound. One bullish price prediction in particular has the altcoin climbing 50% and returning to $30. When exactly can this surge happen? Currently, LINK has a resistance level blocking it from growing beyond $23. However, a push beyond this mark in the coming weeks could set the stage for a LINK surge. The asset is set to test this resistance mark, and a successful retest could trigger bullish momentum towards $32. The only downside: this rebound may still be one month away. According to a price forecast from CoinCodex, LINK is set to reclaim $30 in the second week of February. If all goes to plan, the altcoin will begin slowly rebounding beyond the $23 resistance level in the next two weeks. Come the end of January, CoinCodex projects ADA to $26, which is the e...

The entire market witnessed a bullish weekend, with the world’s largest cryptocurrency, Bitcoin (BTC), reaching a new all-time high. BTC surged all the way to a high of $107,780.58 on Monday. In addition to this, the king coin also reached a new peak against gold. All of these factors highlight the potential uptick that Bitcoin could record over the next couple of days. Also Read: Dogecoin: New Price Forecast Predicts Doge To Claim $3 – Here’s How? How High Is Bitcoin Currently Trading? Source: CoinMarketCap At press time, the king coin was trading 1.28% below its latest all-time high. The asset was priced at $106,472, with a 1.41% rise over the past 24 hours. Amidst this price spike, Bitcoin’s market cap rose to a high of $2.13 trillion. The largest cryptocurrency was related to the US government. Adding to the fervor of cryptocurrency bulls, President-elect Donald Trump restated his intention to establish a strategic reserve of BTC in the country, akin to its strategic oil...

Ripple XRP is on a surge over the last 24 hours, climbing 20% on the day and also climbing the cryptocurrency market cap chart. Ripple Labs’ native cryptocurrency indeed surpassed Binance Coin (BNB) to become the fifth largest cryptocurrency in the world by market cap. At press time, XRP’s market cap now sits at $96.99B, up 17% today. https://twitter.com/WatcherGuru/status/1862530386997252551 The Ripple coin is still far behind Solana Labs’ SOL token for fourth place in the market cap rankings. XRP has outperformed almost all of its altcoin adversaries this month, rising over 220% in the past month. While Bitcoin (BTC) reigns supreme in November, XRP is giving out great returns to early investors. Additionally, the cryptocurrency has received several revised price predictions: all positive ones. Ripple XRP Flourishes Oversees Another big contributor to Ripple XRP’s recent success has come from overseas. The Russian government has taken a significant step in digit...

One of the most anticipated reports of the earnings season is on the horizon, as Nvidia (NVDA) could be headed toward the $180 level as Wall Street is expecting a Q3 boost. Th chipmaker is receiving a near-unanimous buy rating as the price target has only gotten increased in recent weeks. November 20th represents the key day and could set the tone for how the AI chipmaker will perform in the coming week. Although it has had a dominant 2024, increasing more than 150%, there is debate regarding whether or not it can continue to be the premiere stock option of 2025. Source: CNBC Also Read: How Amazon (AMZN) is Set to Challenge Nvidia’s AI Dominance Nvidia Looking to End 2024 Above $180? For much of the last year, artificial intelligence has dominated Wall Street. With the arrival of OpenAI’s ChatGPT, the demand for generative AI products has surged. Moreover, it has led to increased investment in the sector from companies that are hoping to keep pace in the ongoing AI arms race...

Maker Protocol tops the list in terms of revenue generated over the past month as Total Value Locked in the protocol witnesses swell. According to data provided by Defi Llama, Maker Protocol generated $14.22 million in revenue — also collected the same amount in fees — in the past 30 days. However, The DAI stablecoin generator’s TVL witnessed a 6.3% decline in the same timeframe, falling to $7.98 billion. Defi protocols’ revenue – Jan. 30 | Source: Defi Llama The leading defi protocol, Lido Finance, with a $21.8 billion TVL, accumulated $71.11 million in fees, per the data aggregator. The liquid staking protocol generated $7.11 million in revenue , 50% less than the Maker Protocol.  Moreover, the decentralized wallet platform, MetaMask, comes third with $6.37 million generated in revenue and fees over the past month. Interestingly, the amount of MetaMask’s monthly average fees over the past year is $60.31 million, showing an 89.5% plunge in January.  ...

Financial market investors are increasingly turning to risk-defined derivative instruments, as evidenced by the surge in demand for bitcoin options contracts , with open interest nearing its all-time high. On-chain data reveals distinct bitcoin market signatures According to Glassnode, an on-chain data provider, the demand for bitcoin (BTC) options contracts has witnessed a remarkable surge, with open interest reaching $13.8 billion, coming close to its all-time high of $15.1 billion.  This remarkable increase suggests investors actively seek risk-defined derivative instruments to expand their investment exposure . On-chain data is crucial in analyzing market sentiment and trends within the cryptocurrency space.  #Bitcoin Options Contracts have experienced an increase in demand as Open Interest recently soared to a value of $13.8B, just $1.3B shy of the ATH of $15.1B. This suggests market investors are increasing their exposure to risk-defined derivative instruments. pic.t...