Latest news with #Daan
Yahoo
11-08-2025
- Business
- Yahoo
Watch Out Below: Bitcoin's Weekend Surge Leaves CME Gap
Bitcoin (BTC) may find itself fighting gravity after a surge over the weekend took it to within striking distance of its $123,000 all-time high while leaving a gap in the price of CME futures between Friday's closing price and Monday's open. CME bitcoin futures, cash-settled contracts that track the price of the largest cryptocurrency, settled at $117,430 on Friday, only to open on Monday at $119,000. Historically, bitcoin has shown a tendency to fill these gaps, meaning the price often retraces to cover the difference between the two levels. This can happen within days or even within hours of the gap forming. 'Most previous gaps that were created did close within the same day, but this one moved a bit further than those,' Daan Crypto Trades, a crypto trader and investor, said in a post on X. Unlike spot markets, which trade around the clock, CME futures operate from Sunday evening through Friday evening for 23 hours a day. Any significant price movement during the one-hour daily pause or over the weekend can create what traders call a CME gap. Daan noted that bitcoin is now close to price discovery, a market phase that begins when an asset surpasses its previous all-time high and trades in uncharted territory. In such situations, gaps can become 'runaway gaps' instances where momentum is so strong that the market continues to trend in the same direction without returning to fill the gap, at least in the short term. 'I'd recommend keeping an eye on this gap,' Daan said. 'If price were to close it, it could make for a decent reversal area. But I wouldn't fully bet on it closing until price gets at least within a one to two percent proximity again, below $120,000 or so.' Heading into Monday's U.S. open, traders will be watching closely to see whether the gap begins to close or whether bitcoin's bullish momentum carries it straight past $123,000 into new all-time highs, potentially leaving the gap behind at least for now. Sign in to access your portfolio
The Citizen
25-06-2025
- Sport
- The Citizen
Watch: Ntlabakanye in good shape after ‘special' sessions on Bok scrum guru's farm
Monstrous Lions prop Asenathi Ntlabakanye is primed to make a big Springbok splash when he dons the green and gold for the first time in their non-Test season opener against the Barbarians in Cape Town this weekend. The Citizen reports that, at yesterday's team announcement, coach Rassie Erasmus revealed Ntlabakanye had taken part in 'special' training sessions with Bok scrum guru Daan Human in the build-up to the Test season and had gone through dramatic physical changes to prepare for the rigours of international rugby. Ntlabakanye reportedly weighed in at over 150kg while playing for the Lions, and has slimmed down slightly through his various trips to Bloemfontein, where he was put through the wringer to meet the Springboks' expectations. 'He went a few times up to Daan's farm and stayed there for a week, and Daan worked with him really well, with the Lions coach and CEO's blessing, and whenever there was a break he drove to the farm,' explained Erasmus. 'He's dropped 15 to 18kg and let's hope he can do what he does (for his franchise) at Test match level, which will be great. 'I don't want to mention names, but we've done it with three or four other players, also in the front row specifically, because that's something we struggle to get right in an alignment camp, because Daan loves to work the core.' Prop crisis opens the door The Boks are experiencing a bit of a prop crisis at the moment, with multiple front rankers currently out injured, including veteran double Rugby World Cup winner Frans Malherbe, whose career could be on the line due to his recent struggles. That has opened the door for Ntlabakanye's inclusion in the squad, while Wilco Louw's involvement for the Bulls in the URC final meant he was not considered for this weekend, allowing the Lions forward to start. Uncapped Stormers prop Neethling Fouche will back him up off the bench. 'Franna (Malherbe) is unfortunately out for a pretty long time, until we get clarity there, and all of a sudden your first-choice No 3 is unavailable,' said Erasmus. 'We always expected that we would lose guys eventually, and we have always had Asenathi on the radar. We just could never get him into the squad and work with him on the things that we wanted to work on.' Jan Hendrik taste Kamp Staal Daan — Johan Erasmus (@RassieRugby) June 25, 2025 Erasmus added: 'Obviously he's a good player, and has got the talent. But at the moment he understands that there's a helluva lot to work on to be a part of the Boks at this stage and [take over] from the world's best [tighthead]. 'But when a guy like [Lions CEO] Rudolf [Straeuli] comes to you and says you can work with him, and Daan says 'come to Bloemfontein' and he goes there… 'From getting on a bicycle, to carrying stuff, doing gym and scrum sessions. It's been going on for three-and-a-half weeks, and even prior to that he's visited. These two weeks [in camp] were great, but those previous three weeks will benefit him even more.'
The Citizen
25-06-2025
- Sport
- The Citizen
Ntlabakanye in good shape after 'special' sessions on Bok scrum guru's farm
Lions prop Asenathi Ntlabakanye has put in the work to force himself into the Springbok mix, with him set to start against the Barbarians this weekend. Lions prop Asenathi Ntlabakanye will get his first taste of Springbok rugby when he starts against the Barbarians in Cape Town this weekend. Picture: Daniel Hlongwane/Gallo Images Monstrous Lions prop Asenathi Ntlabakanye is primed and ready to make a big Springbok splash when he dons the green and gold for the first time in their non-Test season opener against the Barbarians in Cape Town this weekend. At Tuesday's team announcement coach Rassie Erasmus revealed that Ntlabakanye had taken part in 'special' training sessions with Bok scrum guru Daan Human in the build up to the Test season and had gone through dramatic physical changes to get him ready for the rigors of international rugby. Ntlabakanye reportedly weighed in at over 150kgs while playing for the Lions, and has slimmed down a touch through his various trips to Bloemfontein, where he was put through the ringer to get him up to the standards the Boks expect from him. 'He went a few times up to Daan's farm and stayed there for a week, and Daan worked with him really well, with the Lions coach and CEO's blessing, and whenever there was a break he drove to the farm,' explained Erasmus. 'He's dropped 15 to 18kgs and let's hope he can do what he does (for his franchise) at Test match level, which will be great. 'I don't want to mention names but we've done it with three or four other players, also in the front row specifically, because that's something we struggle to get right in an alignment camp, because Daan loves to work the core.' Prop crisis The Boks are going through a bit of a prop crisis at the moment with multiple front rankers currently out injured, including veteran double World Cup winner Frans Malherbe, who's career could be on the line due to his recent injury struggles. That has opened the door for Ntlabakanye's inclusion in the squad, while Wilco Louw's involvement for the Bulls in the URC final meant he wasn't considered for this weekend, allowing the Lions forward to start, while uncapped Stormers prop Neethling Fouche will back him up off the bench. 'Franna (Malherbe) is unfortunately out for a pretty long time, until we get clarity there, and all of a sudden your first choice No 3 (is unavailable),' said Erasmus. 'We always expected that we would lose guys eventually and we have always had Asenathi on the radar, we just could never get him into the squad and work with him on the things that we wanted to work with him on.' Erasmus added: 'Obviously he's a good player, and has got the talent. But at the moment he understands that there's a helluva lot to work on to be a part of the Boks at this stage and (take over) from the world's best (tighthead). 'But when a guy like (Lions CEO) Rudolf (Straeuli) comes to you and says you can work with him. And Daan says 'come to Bloemfontein' and he goes there. 'From getting on a bicycle, to carrying stuff, doing gym and scrum sessions. It's been going on for three-and-a-half weeks, and even prior to that he's visited. These two weeks (in camp) were great, but those previous three weeks will benefit him even more.'
Business Mayor
13-05-2025
- Business
- Business Mayor
Ethereum Hits Major Level After Biggest Weekly Candle In Years – What Comes Next?
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is gaining serious momentum after a powerful 45% surge last week, reclaiming key price levels and fueling speculation about the start of a broader altseason. The second-largest cryptocurrency by market cap is now pushing into critical resistance zones that could define the next leg of this rally. After months of underperformance and bearish sentiment, ETH's sudden strength is shifting investor focus back toward the altcoin market, with analysts pointing to Ethereum's breakout as a potential spark for widespread recovery across the sector. Related Reading Top analyst Daan shared a technical analysis highlighting the significance of Ethereum's recent move. According to Daan, the massive weekly candle—one of the largest in years—was driven by a combination of technical breakout and short squeezes, as a large number of bearish positions were caught off guard. This surge not only invalidated recent bearish structures but also marked a structural shift in momentum. With Ethereum now pressing into new territory and investor confidence rising, the market appears poised for renewed strength. If ETH continues to hold above current levels, it could pave the way for altcoins to follow in what may become the strongest altseason since 2021. Read More Ripple Attorney Withdraws From SEC Lawsuit, Will It Affect XRP? Ethereum Reclaims Strength As It Tests Key Resistance Ethereum is finally showing signs of strength after months of sustained bearish pressure. Since late December 2024, ETH had been in a steady downtrend, losing more than 66% of its value as investors rotated into other assets amid macroeconomic uncertainty and dwindling altcoin demand. However, a major shift in sentiment emerged in early April, as Ethereum began climbing rapidly, gaining over 85% in just a few weeks. This rally has brought ETH back into critical resistance levels that could determine whether a sustained uptrend is now underway. Daan highlighted the significance of this move, stating that Ethereum is now at a 'big level.' He noted that last week's price action produced the largest weekly candle in years—an explosive move fueled by a massive short squeeze. Months of built-up bearish positions were flushed out as the rally caught many by surprise, sending prices sharply higher. Ethereum testing a big level | Source: Daan on X Daan cautions that while the move is impressive, the next phase is about managing volatility: 'Play this level by level,' he advises, 'and watch for next week to develop to see where these alts are going to get picked up after the squeezes are done.' This moment is crucial not only for Ethereum but also for the broader altcoin market. ETH's recovery is often a leading indicator of renewed risk appetite and capital rotation into smaller assets. With bulls now in control and price pressing into a key supply zone, how Ethereum behaves over the coming days could determine whether altseason truly begins—or whether this rally was just a reaction to overly bearish positioning. Either way, ETH's strength has put the market back on alert. Related Reading
Business Mayor
30-04-2025
- Business
- Business Mayor
Ethereum Consolidates Against Bitcoin – Dominance Shift On The Horizon?
Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Ethereum is currently trading above the $1,800 mark, holding strong after weeks of volatility but struggling to reclaim the critical $2,000 resistance level. Bulls have managed to push prices higher, yet momentum must continue building for a full breakout. Analysts are closely watching Ethereum's movements, noting that the market is preparing for a decisive move that could shape the coming weeks. Global macroeconomic tensions remain a challenge, but optimism is growing across crypto markets. Related Reading Top analyst Daan shared insights revealing that ETH is still consolidating within its current range against Bitcoin (BTC). According to his analysis, he's watching the local range high around the 0.02 BTC level closely. A successful break above this key range could signal a major shift in market dynamics, potentially sparking a multi-week decline in Bitcoin dominance led by Ethereum. This would likely trigger an increased risk appetite toward altcoins, as investors rotate capital away from Bitcoin and into higher-risk assets. For now, Ethereum continues to move within its range, and bulls must act fast to reclaim momentum. If ETH can push through these resistance levels, the stage would be set for a major rally across the altcoin sector, with Ethereum leading the charge. Read More $34 XRP? Analyst Spots A Crucial Setup For A Major Rally Ethereum Battles Resistance As Bulls Aim For Breakout Against BTC Ethereum is trading at a critical level, and all eyes are on whether bulls can reclaim higher supply zones to confirm a bullish reversal. After recovering strongly from local lows, ETH has begun forming a bullish structure in low time frames. However, persistent selling pressure still threatens to invalidate this structure unless buyers step in with strength. Momentum has shifted, and many analysts expect a decisive move soon—but there's also caution, with some warning that a failed breakout could drag Ethereum back to the $1,500–$1,600 demand zone. Daan shared a key perspective on Ethereum's performance relative to Bitcoin. He noted that ETH/BTC is still consolidating within a defined range, with the local range high near 0.02 BTC acting as the most important resistance. A successful breakout above this level would likely trigger renewed interest in altcoins and could mark the start of a Bitcoin dominance downtrend led by ETH. According to Daan, such a move would increase risk appetite across the board. Ethereum Vs Bitcoin 4-hour chart | Source: Daan on X However, he also warns that if ETH loses the 0.0185 BTC level, it could confirm a continuation of the current downtrend. For now, Daan is closely watching how the range develops. A confirmed breakout followed by a structure flip would offer a much clearer bullish signal. Related Reading
