Bailey&#8217;s fund success highlights the potential of Bitcoin proxies, influencing global investment strategies and market dynamics. The post David Bailey’s hedge fund achieves 640% returns by investing in Bitcoin proxies appeared first on Crypto Briefing.

David Bailey’s hedge fund achieves 640% returns by investing in Bitcoin proxies

MEI Pharma&#8217;s Litecoin initiative signals growing institutional crypto 
adoption, potentially boosting Litecoin&#8217;s legitimacy and market presence.
The post Nasdaq-listed MEI Pharma launches $100M Litecoin treasury plan, stock 
rockets 50% appeared first on Crypto Briefing.

Nasdaq-listed MEI Pharma launches $100M Litecoin treasury plan, stock rockets 50%

Ethereum (ETH) has decisively broken above a resistance level, the 50-day 
Exponential Moving Average (EMA50), igniting renewed bullish momentum across 
the market. This breakout marks a significant shift in market trend, opening 
the door for a potential rally toward higher targets around the $4,000 level. 
Ethereum Targets $4,000 After EMA50 Breakout The Ethereum price has delivered 
an explosive rally after its recent breakout above the EMA50 barrier. Given 
this development, crypto analyst Doctor Profit has forecasted on the X social 
media that ETH is gearing up for a massive surge toward $4,000. Related 
Reading: Ethereum Shorts Reach Record Levels, How To Stay Positioned For A 
Breakout Sharing a detailed chart analysis, Doctor Profit disclosed that 
Ethereum was finally able to close above the key moving average after weeks of 
resistance and failed attempts to flip it into support—a struggle clearly 
shown by the multiple rejection wicks marked by the green arrows. Notably, 
Ethereum’s breakout has triggered a strong continuation move, with its price 
surging over 28.17% in just one week, climbing from around $2,500 to a high 
near $3,226, at the time of the analysis. This price action marks a 
significant shift in momentum, indicating that the bulls may have regained 
control on the higher time frame. According to Doctor Profit, Ethereum’s 
current technical structure suggests that further upside could follow its 
EMA50 breach. The clean break and hold above the moving average have 
invalidated previous bearish pressure zones and opened a path toward 
potentially higher price targets. Based on historical price behavior after 
similar breakouts, the analyst expects Ethereum to rally toward $4,000 in the 
coming weeks. Such a move would reflect a notable 9.64% increase from its 
current price of approximately $3,648. In his post, Doctor Profit noted that 
ETH is showing no immediate signs of weakness on the chart, with price holding 
strong above prior resistance levels. As a result, the recent breakout appears 
to have solidified as a new foundation for the next leg up. ETH Upside Targets 
Extend Beyond $4,000 Crypto market expert Henry stated in a recent analysis on 
X that Ethereum has staged a comeback, surging past $3,400 for the first time 
in five months and breaking out of a textbook Bull Flag pattern. This bullish 
momentum follows weeks of price consolidation and a key fakeout, which appears 
to have successfully flushed out prior downside liquidity. Related Reading: 
Ethereum Forms ‘Pure Cup And Handle’ Pattern After Hitting $3,000, Analysts 
Set New Targets After forming two distinct consolidation zones around the 
$1,800-$2,000 and $2,800-$3,000 levels, ETH faked a breakdown before launching 
into a sharp rally. The cryptocurrency’s chart structure now shows strong 
bullish continuation signals, with the current trend pointing toward an 
immediate target of $4,000. Henry has forecasted that Ethereum’s upside 
targets extend far beyond $4,000, with potential milestones projected at 
$6,000 and even $10,000. While the analyst remains confident in ETH’s ability 
to reach these bullish targets, he acknowledges that a short-term correction 
to around $2,800 is possible before the price rally. Featured image from 
Pixabay, chart from Tradingview.com

Ethereum’s Breakout Above The MA50 Suggests Further Upside, Here’s The Target

Metaplanet and Semler Scientific are turning corporate balance sheets into 
Bitcoin battlegrounds, each racing to outstack the other in 2025.

Metaplanet vs. Semler Scientific: The race to become Bitcoin’s biggest corporate whale

VeChain is eyeing fresh gains as altcoins bounce amid the latest bullish 
catalysts, including massive traction for its recently launched StarGate 
staking feature and support from Revolut’s Learn &amp; Earn program. The VeChain 
(VET) token ranked among the top 100…

VET price gains amid staking, Revolut boost

The Nasdaq-listed biotech firm is making an unprecedented pivot into crypto, 
committing $100 million to a Litecoin treasury strategy, with the coin’s 
creator, Charlie Lee, now at the helm. In a press release dated July 18, the 
Litecoin Foundation announced…