FomoScope - Crypto FOMO Detection & Analysis

cointelegraph.com Mar 19, 2025 20:33

Why is Ethereum (ETH) price up today? - Ether (ETH) price rallied nearly 8% over the past 24 hours, reaching a high of $2,064 on March 19. The altcoin’s daily trading volume increased to $17.4 billion as ETH regained a position above the $2,000 level. Ethereum 1-hour chart. Source: Cointelegraph/TradingViewETH exhibits an ascending triangle breakoutEther price is up today after the altcoin managed a successful breakout from an ascending triangle pattern. After falling below $2,000 on March 10, Ether formed higher lows, followed by multiple retests at the immediate resistance of $1,950, which was the pattern’s neckline. A bullish divergence also took shape between the price and relative strength index (RSI), preceding a local bottom at $1,752. Such technical setups indicate that the bullish momentum is taking charge against the bearish trend. Bitcoin 4-hour chart. Source: Cointelegraph/TradingViewWith a confirmed bullish breakout taking place from the triangle pattern, the technical targets remain at $2,142, which is roughly 5% from ETH’s current price. However, the 100-day exponential moving average (blue line) is providing resistance at $2,050, which needs to be flipped into support for prices to target $2,142. Rekt Capital, an anonymous crypto analyst, highlighted that ETH recently tested its multi-year demand zone under the $2,000 level. With respect to a bullish reversal, the trader said, “If price can generate a strong enough reaction here, then ETH will be able to reclaim the $2196-$3900 Macro Range (black).”Ethereum monthly analysis by Rekt Capital. Source: X.comRelated: ETH price prospects dim as Ethereum DEX volumes drop 34% in a weekEthereum flows to accumulation address hit new highsIrrespective of recent price corrections, ETH accumulation addresses have been stockpiling at a significant rate. On March 12, Ether inflows into ETH accumulation addresses hit a one-day record at 345,210 ETH. ETH inflows into accumulation addresses. Source: CryptoQuantEthereum accumulation addresses are a specific classification of wallet addresses used to track long-term holding behavior in the Ethereum network. These addresses usually have no outgoing transactions, meaning the ETH is not used for spending or transferred out. In 2024, these addresses amassed over 5.8 million ETH across a 12-month period. In 2025, the accumulation rate has significantly increased, with the same addresses acquiring 4.73 million ETH in under three months.Onchain data shows that large holders are potentially taking advantage of ETH’s low price by adding the altcoin at a discount which is currently 58.4% below its all-time high. Related: Ethereum price in ‘cursed’ downtrend which could continue well into 2025 — AnalystThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 85%

cryptoslate.com Mar 19, 2025 20:30

Crypto.com reports record $1.5B revenue in 2024 to become the third largest exchange - Crypto.com recorded a staggering $1.5 billion in revenue during 2024, with CEO Kris Marszalek attributing the growth to strong trading activity from its 140 million users. The exchange’s operational efficiency helped generate approximately $1 billion in gross profit after covering salaries and other expenses. Amid the impressive revenue figures, Crypto.com invested heavily in expanding its […] The post Crypto.com reports record $1.5B revenue in 2024 to become the third largest exchange appeared first on CryptoSlate.

FOMO: 85%

decrypt.co Mar 19, 2025 20:19

Bitcoin, Ethereum and Solana Rise Alongside Stocks Following Fed Comments - Bitcoin, Ethereum, and other top coins shot up alongside stocks after Fed Chair Jerome Powell gave a calming outlook on the U.S. economy.

BTC

FOMO: 90%

thestreet.com Mar 19, 2025 19:53

Ripple wins… what if you had invested $10k in XRP in 2016? - Do you know an investment of $10,000 in XRP in 2016 would have worth $2.74 million in 2025? With Ripple securing a victory, the price is going further up.

XRP

FOMO: 85%

cryptopolitan.com Mar 19, 2025 19:56

Dow Jones surges 500 points as Fed boosts stock market rebound - The Dow exploded 558 points on Wednesday after the Federal Reserve confirmed that it still plans to cut interest rates twice this year. This sent stocks soaring, wiping out a chunk of the markets recent losses. The S&P 500 rose 1.7%, and the Nasdaq Composite jumped more than 2%, giving...

S

FOMO: 90%

@BTC_Archive Mar 19, 2025 19:33

$85,000 Bitcoin

FOMO: 90%

cointelegraph.com Mar 19, 2025 19:50

Volatility Shares launching Solana futures ETFs March 20 - Volatility Shares is launching two Solana (SOL) futures exchange-traded funds (ETFs), the Volatility Shares Solana ETF (SOLZ) and the Volatility Shares 2X Solana ETF (SOLT), on March 20.According to the Securities and Exchange Commission filing, SOLZ will feature a management fee of 0.95% until June 30, 2026, when the management fee will increase to 1.15%.Volatility Shares’ 2X Solana ETF gives investors twice the leverage and will feature a 1.85% management fee.Volatility Shares Solana ETF SEC filing. Source: SECThe filings represent the first Solana-based ETFs in the US and follow the Chicago Mercantile Exchange (CME) Group’s debut of SOL futures contracts.Following a leadership change at the SEC and the reelection of Donald Trump as president of the United States, asset managers and ETF firms have submitted a torrent of ETF applications to the SEC for approval.Related: Solana’s 5th birthday: From pandemic origins to US crypto stockpileCME Group debuts SOL futuresSOL futures went live on March 17 with a trading volume of approximately $12.1 million on the first day.For context, Bitcoin (BTC) futures debuted at over $102 million in volume on the first day of trading, and Ether (ETH) futures garnered over $30 million the day they launched.Despite the relatively low volume, SOL futures contracts could help boost demand for the cryptocurrency from institutional investors and encourage price discovery.SOL futures volume and open interest. Source: Chicago Mercantile ExchangeThe launch of SOL futures signaled the approval of SOL ETFs in the United States as financial regulators embrace digital assets amid a policy pivot.According to Chris Chung, founder of Titan — a Solana-based swap platform — the CME’s futures indicate that SOL is now a mature asset capable of attracting institutional interest.Chung added that the launch of SOL futures and ETFs position Solana as a blockchain network poised for real-world use cases such as payments, not just a memecoin casino.ETFs could also allow investor capital to flow into SOL, creating a sustained rally in the altcoin that competitors lacking an ETF might miss out on.The launch of Bitcoin ETFs in 2024 is widely believed to have siloed institutional capital away from the rest of the crypto market, preventing capital rotation from BTC into altcoins and upending altseason.Magazine: Memecoins are ded — But Solana ‘100x better’ despite revenue plunge

FOMO: 85%

cryptopolitan.com Mar 19, 2025 19:37

Ripple CEO downplays IPO plans after Ripple-SEC case ends, XRP surges - The SEC is dropping its appeal against Ripple, pending final approval after more than four years of legal battles, but the fight isnt over yet. While the SEC is no longer pursuing its case against the company, Ripple is still appealing the $125 million fine and the ruling that requires it to...

XRP

FOMO: 90%

cointelegraph.com Mar 19, 2025 19:26

Bitcoin runs toward $86K after Fed maintains course, projecting two rate cuts in 2025 - Bitcoin (BTC) price action turned bullish on March. 19 as markets grew anxious for the release of the Federal Open Market Committee (FOMC) minutes and a press conference from Federal Reserve Chair Jerome Powell. BTC/USDT 1-day chart. Source: TradingView Generally, traders keep a close eye on...

BTC

FOMO: 90%

cointelegraph.com Mar 19, 2025 19:26

Bitcoin runs toward $86K after Fed maintains course, projecting two rate cuts in 2025 - Bitcoin (BTC) price action turned bullish on March. 19 as markets grew anxious for the release of the Federal Open Market Committee (FOMC) minutes and a press conference from Federal Reserve Chair Jerome Powell. BTC/USDT 1-day chart. Source: TradingViewGenerally, traders keep a close eye on FOMC minutes, along with Powell’s comments, to obtain direct insights into the Fed’s take on US economic health, along with their plans for monetary policy and interest rates. In the presser, Powell confirmed that the Fed intends to leave interest rates unchanged, in its target range between 4.25% to 4.5%, where they have been since December 2024. Although the Fed downgraded its outlook for economic growth and emphasized that tamping inflation remains a sticking point, the Fed’s statements largely align with market participants expectations. Crypto and equities traders have also been forecasting the reduction of the Fed’s monetary policy of quantitative tightening (QT), and the FOMC minutes confirmed that the central bank will reduce “the monthly redemption cap on Treasury securities from $25 billion to $5 billion.” Changes to FOMC statement (in red). Source: FederalReserve.govRelated: Bitcoin price volatility ramps up around FOMC days — Will this time be different? In response to Fed statements, Bitcoin price added to its daily gains, rallying to an intraday high at $85,950 at the time of writing. The DOW also added 400 points, while the S&P 500 index added 77. Powell and Fed policymakers’ verbal commitment to two additional rate cuts in 2025 also aligns with crypto traders expectations and could further buoy the current recovery in Bitcoin price.This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

FOMO: 88%

theblock.co Mar 19, 2025 19:05

The Daily: XRP jumps as Ripple CEO says legal battle with SEC is over, Hollywood filmmaker charged with swindling $11M from Netflix and more - The following article is adapted from The Blocks newsletter, The Daily, which comes out on weekday afternoons.

BTC

FOMO: 90%

thestreet.com Mar 19, 2025 18:48

Why Ripples Big Win Against the SEC Is So Huge - Bitwises Chief Investment Officer explains why XRP is a winner

BTC

FOMO: 90%

thestreet.com Mar 19, 2025 18:45

Bitcoin climbs back up, testing $90K as Fed holds back on rate cuts - Bitcoin jumps nearly 4% to $84,393 as the Fed holds rates steady but signals two cuts in 2025, keeping markets on edge for future moves.

BTC

FOMO: 85%

youtube.com Mar 19, 2025 18:02

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BTC

FOMO: 90%

dailyhodl.com Mar 19, 2025 18:05

Its Over – XRP Rallies As SEC Ends Its Lawsuit Against Ripple According to CEO Brad Garlinghouse - The U.S. Securities and Exchange Commission (SEC) is officially dropping its lawsuit against Ripple Labs, according to CEO Brad Garlinghouse.

XRP

FOMO: 90%