Browsing: target

Ripple (XRP) rises on Friday to trade above $1.40 as bulls aim for a continuation of the rally above $1.50. The remittance token is up by more than 12% on the day and over 40% since Monday, reinforcing the bullish outlook.

Bitcoin has broken out of a six-week range with the most violent daily candle since early June. BTC opened at $64,686, ran to an intraday high of $69,749, and sits at $68,761, up 6.20% on the day.

Bitcoin is testing a major technical breakout as price compresses near $64,000, with both a Bollinger Band squeeze and tightening triangle pointing to a potentially larger move. A confirmed break above resistance could put $67,269 in focus before Bitcoin confronts the broader resistance area near its 200-day moving average.

Tom Lee’s Bitmine Immersion Technologies has restarted a steady program of Ethereum treasury buying, adding 9,926 ETH during the week ending Aug. 16. The company says the purchase brings its Ether holdings to roughly 5.82 million ETH—about 4.8% of Ethereum’s circulating supply—putting it close to its long-term goal of owning 5% of the asset’s total…