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Market Metrics and Experts Signal Delay in Altcoin Season Despite SEC ETF Talk
With the possibility that XRP, LTC, or SOL exchange-traded funds (ETFs) might be approved by the U.S. Securities and Exchange Commission (SEC), many think the infamous “altcoin season” is just around the corner. At the same time, others…
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Altcoins crumble as $8B wiped out – But THIS stablecoin shakeup stings more
Key Takeaways
Why did altcoins see a sharp decline in Open Interest?
Altcoin Open Interest dropped by $8 billion as Binance stablecoin trade volume fell below the key $150B level.
Is BTC gaining strength while altcoins struggle?…
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ETHZilla Files for $350M Funding as Digital Asset Treasuries Grow
TLDR
ETHZilla raised $350 million through convertible debentures to expand its Ethereum-focused treasury strategy.
The company’s total debenture program value now reaches nearly $500 million after this new funding.
ETHZilla…
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Dogecoin (DOGE) Rally Lacks Retail Mania
The crypto market failed to sustain the bullish momentum over the weekend, which prompted Dogecoin (DOGE), along with several top assets, to record significant declines. The OG meme coin, for one, fell by more than 11% over…
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Bitcoin Liquidations Hit 1-Year Record, Altcoins Follow
Key points:Bitcoin witnessed the biggest long liquidation of the year, indicating that bulls are losing their grip over the market.Several altcoins are striving to hold on to their support levels but may face solid selling on…
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Changpeng Zhao’s YZi Labs ‘deepens’ Ethena bet – What it means for ENA
Key Takeaways
Why did YZi Labs back Ethena again?
Early investor reinforced support as USDe supply hit $13B and TVL reached $14.22B, signaling strong stablecoin adoption.
What’s next for the ENA price?
ENA failed at $0.85…
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Markets brace for September’s endgame as Bitcoin leads post-Fed crypto Rally
Bitcoin reclaims $117K as the Fed’s…
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US First-Ever XRP, DOGE ETFs Surpass Volume Expectations
Investors piled into the first Dogecoin (DOGE) and XRP (XRP) exchange-traded funds in the US on their debut trading day, blasting through analysts’ trading volume expectations.Bloomberg ETF analyst Eric Balchunas said on X that most new…
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Ethena at a crossroads: Will ENA fall from $0.60 or climb above it?
Key Takeaways
What’s impacting the price of ENA?
The current valuation of ENA was weak due to the decreasing volume, potential structure shift, and spot selling.
What are the strong fundamentals?
Ethena’s TVL, active addresses,…
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DAT Treasuries Need Discipline to ‘Survive Any Market’
The survival of corporate crypto treasuries depends on governance and discipline, according to HashKey Capital CEO Deng Chao. In an interview with Cointelegraph, Chao argued that digital asset treasuries (DATs) are sustainable long-term,…
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