Since Bitcoin broke past its March high of $73,679, Bitcoiners have pulled $20.4 billion in realized profits, but Glassnode believes “further gains” may be on the horizon.
Cryptocurrencies news
Ether price and network fundamentals are showing momentum, increasing the chance of a rally to $4,000.
Ether’s funding rate soared to an 8-month high, but is it a sign of a strengthening rally or an impending price correction?
Solana’s rally to $222 puts SOL price within 20% of its all-time high.
Bitcoin picked up momentum and soared above $84,500, pulling several altcoins higher.
The Neiro memecoin pumped by almost 7,600% after being listed on the Binance exchange.
The RWA sector could see an over 50-fold increase by 2030, potentially reaching over $30 trillion, according to the world’s largest consulting firms.
After leaving crypto liquidity firm GSR in 2023, former Millennium and Pimco executives are coming back to crypto by launching a dedicated advisory firm.
About $180 million in short positions have been wiped as Bitcoin hit another new all-time high of $81,358.
Bitcoin’s strong weekend rally to $81,000 could add more fuel to the current price action in ETH, SOL, SUI, and AAVE.