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Ethereum’s Ether cryptocurrency (ETH) could be set to surge in price, as traders are betting big on the asset reaching $6,000 this year through bull call spreads. ETH has crashed from the $4k valuation it had back in December 2024, but began a strong rebound this May. At press time, the Ethereum token is up 57% in the last 30 days alone. Traders are riding on the asset to continue its climb through the summer and hit a new ATH before the year is done. Last week, block traders, typically institutions and large players, executed bull call spreads on ether. The traders picked the $3,500 call options while also shorting an equal number of calls at the $6,000 strike. These bets would expire on December 26, meaning Ethereum has until then to hit that number to reward the betters. Traders executed the strategy via the over-the-counter platform Paradigm, which was later listed on crypto exchange Deribit. Traders executed 30,000 contracts of the $3,500/$6,000 call spreads across 10 separat...

The Bonk price has plummeted 15% in a week and 3% in the last 24 hours to trade at $0.00003564 as of 10:05 p.m. EST as traders start to dump their holdings in the meme coin. Along with the drop in the BONK price in the last 24 hours, yesterday’s trading activity around the crypto is also 34% less than the volumes recorded the day before. Bonk Price Resting On A Key Support 4-hour chart for BONK/USD (Source: GeckoTerminal) GeckoTerminal data shows the Bonk price dropped below the key support at $0.00003874 in the last 24 hours, and is now resting on the next crucial technical safety net at $0.00003380. Losing the $0.00003380 support could expose the meme coin to the risk of dropping even further in the following few hours. Conversely, the Bonk price rebounding from the $0.00003380 point in the coming 12 hours might mark the end of the bearish move. However, BONK will first need to overcome a short-term negative trend line that has emerged on its charts before it can begin t...

Bitcoin’s (BTC) recent rally, peaking at $99,655, has reignited enthusiasm for cryptocurrency-linked stocks. Despite failing to breach the $100,000 milestone, President-elect Donald Trump’s pro-crypto regulatory stance following his re-election on November 5 has triggered bullish sentiment in the market. Major U.S. corporations have ramped up Bitcoin investments, fueling a surge in the value of crypto-related equities.  Among the top performers are MARA Holdings (NASDAQ: MARA) and MicroStrategy (NASDAQ: MSTR), both of which offer compelling opportunities for traders and investors seeking exposure to Bitcoin’s growth. Picks for you Bitcoin monster crash alert 44 mins ago Is the memecoin season ending? Binance founder CZ urge...

The SPX6900 price skyrocketed 67% in the last 24 hours to trade at $0.3663 as of 3.15 a.m. EST on trading volume that soared 157% to $41.17 million. The token’s price, which hit a new all-time high of $0.4235 only a few hours ago, has surged 215% in the past week. However, it did not break the resistance at $0.40 for long, which ended up pushing the SPX6900 price to $0.36. SPX6900 Price Prediction As mentioned, SPX has seen a strong price surge in the last week, which turned into a sharp rally over the past 24 hours, causing the token to hit a new all-time high, but also to see a rejection from a resistance at $0.40. However, technical indicators suggest that SPX6900 might not be done with trying to breach the resistance and that it will soon retest it. The token’s Bollinger bands have seen a very slight narrowing and while the price did drop from where it was, stuck to the upper band and pushing it further up, it found its footing halfway between the two bands, which ...

Forex trading skills can be used to improve crypto trading performance. Cryptocurrency adoption continues to grow, especially more as of late, as the recent banking crisis has highlighted the challenges of the traditional financial system. Despite all the doom and gloom that came in the first quarter from the Fed’s inflation-fighting rate hike campaign, banking turmoil and growing concerns that the economy is headed for a recession, Bitcoin (BTC) has risen significantly, up to 80% year to date. Many traders seem to believe that the dollar will gradually lose some of its preferred reserve currency status, with crypto being one of the beneficiaries. Newcomers may join the crypto market for various activities, such as staking, yield farming, play-to-earn gaming and more, but trading still plays a central role. Despite the fact that digital assets are a relatively new asset class for private investors to trade and invest in, the crypto market is very similar to traditional trading in some...