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ETH $5K Prediction Odds Hit $87% on Polymarket
Key takeaways:Ether trades at $4,600 with a 64% chance of hitting $5,000 by Aug. 31.The odds of a new ETH all-time high in August jump to 87% on Polymarket.Analysts warn of a potential correction to $4,000 to $4,400 if a key price support…
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USELESS coin jumps 55% after Binance listing – $0.40 in sight IF…
Key Takeaways
The price of USELESS coin skyrockets after Binance listing for spot trading. More listings are getting lined up on other exchanges as the orderbook liquidity delta thickens on the buy side. The price action looks…
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Bitcoin Sets New High On Back Of Latest CPI Inflation Data
Bitcoin (BTC) price hit a new all-time high above $123,231 on Wednesday on Coinbase, following a similar performance from the S&P 500 which rallied to a record high of 6,457. Bitcoin’s ascent to new highs comes one day after the July US…
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Bitcoin And ETH Chase New Highs While Altcoins Catch Up
Key points:Bitcoin bulls are chasing after BTC’s $123,218 all-time high as buying pressure surges.Ether has played catch-up to Bitcoin and is close to making a new all-time high.Bitcoin (BTC) rose above $122,000 on Wednesday, indicating…
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Mapping Solana’s path beyond $200 after SOL’s 13% daily surge
Key Takeaways
The asset’s growth over the past day coincided with its highest revenue in August, while stablecoin trading volume hit a four-month high. Transaction counts and active network users have continued to surge…
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20M RLUSD Burned on Ethereum: Why Ripple is Powering Up the XRP Ledger
TLDR
Ripple burned 20 million RLUSD on Ethereum and minted the same amount on the XRP Ledger.
The transactions were executed within minutes and recorded on Etherscan and XRPSCAN.
Blockchain analyst Vet detected the movement…
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$653M in New Crypto Tokens Set to Hit the Market This Week
About $653 million worth of crypto tokens are set to be released into circulation this week.
Investors will be keeping an eye out for potential price swings for several major assets, with data from the Tokenomist website…
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BTC Holding $118K Extends Altcoin Season Rally Odds
Key points:Bitcoin finds support at lower levels, but may face strong selling in the $120,000 to $123,218 zone.Net Ether ETF inflows of more than $1 billion on Monday suggest solid institutional demand. Bitcoin’s (BTC) strong rejection near…
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Stablecoins hit $270B market cap as USDC overtakes USDT on Ethereum
Key takeaways
Stablecoins have hit a record $271.1 billion in value, with USDC now leading on Ethereum while USDT dominates on TRON. USD1, is gaining traction under strict U.S. rules.
At the time of writing, stablecoins hit a…
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July Sets Record for Institutional Accumulation as ETH Tests $3,600
TLDR
ETH price currently around $3,600, after bouncing 8% this week
Daily transactions hit all-time high of 1.74 million on August 5th
Corporate Ethereum holdings increased 127.7% in July to over 2.7 million ETH
Analysts…
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