Bitcoin Will Rally as U.S. Growth Improves, Crypto Bills Progress: Coinbase Research
U.S. economic resilience and stablecoin legislation will drive optimism for BTC, with the fate of altcoins being less certain.
Markets
Bitcoin Rises to $110K as Altcoins Rally; Traders Skeptical of Breakout
Positioning across crypto markets doesn’t suggest a top, but neither does it seem ideal for continued rally.
Aptos’ APT Rallies 4% Following Bullish Breakout on High Volume
The token broke through the psychological $5 resistance level on significant trading volume.
Solana’s SOL Jumps 5% on Report of Spot ETF Development
The SEC asked prospective ETF issuers to amend key paperwork, Blockworks reported.
Ether Roars Past $2,700; Popular Trader Declares ‘Beast Mode’
A 6.54% rally lifted ether above $2,700 on heavy volume as traders and executives forecast further upside toward $4,000.
Cathie Wood’s ARK Invest: Bitcoin Gains Coming Alongside Clear Stress in Housing, Autos
Bitcoin’s current rally doesn’t yet reflect speculative excess, the asset manager said in a new report.
Bitcoin Climbs Above $110K, ‘At Crossroads’ for Next Major Move
One analyst characterized bitcoin’s recovery from last week’s decline as a “peaceful rally,” with buyers stepping in to support the uptrend.
Aptos’ APT Gains 4% on Significant Volume, Has More Potential Upside
Support at $4.84 held through subsequent retests suggesting potential continuation of the uptrend.
The Blockchain Group Starts 300M-Euro ATM Share Sale to Expand Bitcoin Holdings
The program allows French asset manager TOBAM to buy shares at its discretion, potentially increasing its shareholding to as much as 39%. It currently holds 3%.
Bitcoin Struggles as Hang Seng Cheers U.S.-China Trade Talks; U.S. Inflation Eyed
Hong Kong’s Hang Seng index rose above 24,000 for the first time since March, driven by trade talk optimism.