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Leverage Falls 91% as ETF Demand Grows
TLDR
Combined leverage on Binance and Bybit fell 90.9%, dropping from $1.12 billion to $102 million between August 22 and August 30.
ETH price has stayed near $2,500 despite the sharp drop in derivatives activity.
U.S. spot…
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Zcash and Monero’s Price Rip Higher as Privacy-Coin Markets Roar
Key TakeawaysZcash (ZEC) surged 82% in August to a market cap over $14 billion following the launch of a spot Grayscale ETF.Monero (XMR) gained 40% in August after Thorchain integrated native cross-chain swap support for the token.Privacy…
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Macro FUD hits crypto again – Leverage flush or a deeper correction ahead?
September could not have started on a more volatile note.
The big question now is whether this volatility is a sign of broader macro stress. According to AMBCrypto, that will be key to crypto’s direction heading into Q4. The total crypto…
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Bitmine Extends Ether Buying Streak to 65 Weeks
Bitmine Immersion Technologies extended its Ether buying streak to 65 consecutive weeks, adding 53,501 ETH last week as a broader crypto market recovery lifted the value of its burgeoning digital asset portfolio despite sizable unrealized…
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Grayscale Sees Zcash Gaining as AI Raises Financial Privacy Risks
Key TakeawaysGrayscale expects AI to heighten demand for financial privacy.Zcash shielded transfers conceal addresses and transaction amounts.Government agencies also identify AI-driven re-identification risks. Grayscale Predicts a Third…
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Why Robinhood Chain’s $1M revenue milestone signals a new on-chain battle
A network’s revenue generation is closely tied to the strength of activity happening on-chain.
The logic is simple: Fees are a critical source of revenue for the network. The more fees are being generated, the more active the users are,…
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Kalshi Traders Predict $2,650 Target This Month
TLDR
Ethereum price could reach $2,650 in August, according to Kalshi prediction market data.
Spot Ethereum ETFs pulled in $179.8 million on August 25, led by BlackRock’s ETHA.
ETH traded at $2,451.51 on August 26, down 0.44%…
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ONDO crypto tests $0.34 local demand: Can bulls defend the crucial $0.305 floor?
Over the past week, Ondo crypto has gone from being on the verge of a bullish breakout past the short-term resistance at $0.42 to sinking 7% in a week and falling toward the $0.30 demand zone.
Source: Coinalyze
The short-term downturn…
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The $2,426 Level Everyone Is Watching
TLDR
ETH is trading near $2,501 with RSI at 76 and Stochastic above 90, both flashing overbought conditions.
The MACD histogram is sitting exactly at zero, showing momentum has stalled after a strong run.
Retail traders are…
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Helius CEO Secures Last-Minute Votes to Slash Solana Inflation
Key TakeawaysSolana validators passed SGP-0002 to double the disinflation rate, reducing the inflation schedule.CEO Mert Mumtaz pushed Kraken to shift its vote to Yes, securing the slim margin needed to pass.SGP-0003 failed to pass,…
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