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BTC’s chance of new price highs grows as key support falls
Key points:Bitcoin’s recovery remains on track, backed by solid demand from the spot Bitcoin ETF buyers.BNB, HYPE, and SOL are leading the altcoin charge higher, signaling solid buying by the bulls. Bitcoin (BTC) rose to $116,495 on Friday,…
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XRP breaks descending triangle, 20% rally ahead?
Key Takeaways
Binance’s XRP reserve surged by 43 million over the past week, suggesting ongoing dumping. XRP’s major liquidation levels are $2.988 on the lower side and $3.084 on the upper side.
Bullish sentiment around Ripple …
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Validators prepare to pick stablecoin issuer
One week after opening a contest to decide the issuer of its first native stablecoin, USDH, Hyperliquid is preparing for a validator vote on Sunday to select the winner in what has quickly become one of the industry’s most closely watched…
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First Spot XRP ETF Faces Delay, Rex-Osprey’s Launch Pushed to September 18
XRP is set to welcome its first-ever spot exchange-traded fund (ETF) in the United States. The product, managed by Rex Shares and Osprey Funds, is called the Rex-Osprey Spot XRP ETF. According to experts, trading will officially begin on…
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Tron’s Gas Fee Reduction Cuts Daily Revenue by 64% in 10 Days
Tron’s recent fee reduction has significantly cut into the revenue earned by its block producers, according to a new report from CryptoQuant.The total daily network fees for Tron’s block producers, known as Super Representatives, dropped to…
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Trading Above $4,300 as Whales Accumulate 450,000 Coins
TLDR
ETH is trading around $4,340, comfortably above the critical $4,089-$4,283 support range
Whales purchased over 450,000 ETH in the past week, continuing an accumulation trend that began in May
Analysts target potential…
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Dogecoin ETF Pushes Crypto Industry to Embrace Speculation
The first US Dogecoin (DOGE) exchange-traded fund (ETF) is set to launch Thursday, dividing industry voices between those calling it a breakthrough for crypto’s community-driven legitimacy and those dismissing it as speculation in a new…
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Why Did Linea (LINEA) Price Drop 30% Post-Launch?
LINEA, the native token of the Layer 2 network Linea, has seen its value dip nearly 30% since launching yesterday.
Heavy selling pressure from the airdrop could be behind the sharp decline. Such initial turbulence is common after token…
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Pump hits a 2-month high as buyers scoop 7 billion tokens
Key Takeaways
PUMP rallied 20%, hitting a 2-month high of $0.006 before retracing to $0.0058. Pump.fun team has spent $2.5 million in token buybacks, with buyers scooping 7 billion tokens in 48 hours.
Pump.fun has continued…
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Can CPI Rates Drive Market Sentiment-Bitcoin and Altcoins Poised for a Massive Price Action
The latest U.S. inflation data has given markets a fresh wave of optimism. The August CPI rose 2.7% year-over-year, in line with expectations, while the PPI cooled sharply to 1.8% compared to the forecast of 2.1%, signaling that underlying…
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