Markets

Ethereum Briefly Hits Two-Week High of $4,500: What’s Next?

In brief Ethereum hit a two-week high of $4,500, defying recent bearish sentiment in traditional markets. Options data show a short-term bullish shift for October, but longer-term sentiment remains cautious. Analysts anticipate a bullish breakout in the fourth quarter if institutional treasuries resume their buying spree. Ethereum briefly climbed to a two-week high of $4,500…

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Kraken expands equities offering with new enhancements

We are excited to announce we’ve enhanced our equities offering for U.S. users, introducing a suite of new features designed to provide a seamless and comprehensive trading experience. These additions aim to further bridge the gap between traditional finance and digital assets, offering investors a unified platform to manage their portfolios. What’s new? 1. Seamless…

Markets

Myriad Moves: Bitcoin’s Odds of New All-Time High Jump by 50%

In brief Crypto markets have swung bullish this week, shifting odds dramatically back in favor of new all-time high marks for Bitcoin and Solana. Predictors believe Bitcoin is much more likely to hit $125,000 before $105,000, as it topped $121K on Thursday. Speculation about a Polymarket token is picking up steam, but predictors don’t expect…

Markets

XRP Reclaims Crucial Price Support: Can Bulls Hold the Line?

In brief XRP surged above $3 today after weeks of sideways actions and bearish sentiment. Prediction market users on Myriad say there’s a 55% chance XRP hits $4 before dumping back to $2. The charts suggest caution. Here’s why. After weeks of sideways chop, XRP—the cryptocurrency created by the founders of Ripple—is making another run…

Markets

Bitcoin Soars Above $120K as US Government Shutdown Continues

In brief Bitcoin hit $120,000 Thursday for the first time since mid-August. Investors are flocking back to Bitcoin ETFs, with substantial inflows on Wednesday. October in the past has been a strong month for the asset, with traders dubbing it “Uptober.” Bitcoin topped a price of $120,000 per coin on Thursday for the first time…