Bitcoin is holding strong around $110,000, showing resilience after recent volatility. At the center of discussions is Michael Saylor’s bold prediction that Bitcoin could reach $13 million per coin by 2045. While the figure sounds extreme, many note that previous milestones like $10,000 or even $100,000 once seemed impossible until they became reality. Saylor believes …
In a video analysis published today, the crypto chartist known as Cantonese Cat (@cantonmeow) laid out a multi-time-frame bullish case for Dogecoin, arguing that the asset is entering a third major cycle with technicals aligning for an upside break and multi-dollar targets—provided key resistance levels are cleared. “I’m extremely bullish on Dogecoin. I’m not going to be shy about it,” he said, adding that the current advance looks “a lot healthier than the last cycle.” Dogecoin Breakout Could Shock Bears Cantonese Cat frames the landscape first on the monthly chart, where the 20-month moving average has historically toggled from resistance to support at major inflection points. In his view, Dogecoin is now “kind of holding the 20-month moving average and taking a little bit of a stepwise approach on the way up here, forming overall higher highs and higher lows.” He also notes a quiet re-entry into the Ichimoku Cloud via consolidation rather than a blow-off impulse: “We are currently entering the Ichimoku cloud here very quietly by just going sideways. This is a break in of the cloud and this is bullish as far as I’m concerned.” Structurally, he characterizes the cycle as a classical base-building sequence. “It looks like a big giant cup with a handle,” he said, emphasizing that the handle retraced to a technically “reasonable” depth. With Fibonacci overlays applied, he observes that the pullback reached the 0.382 retracement—consistent with constructive, mid-cycle digestion—before price resumed trend. More broadly, he argues Dogecoin has been respecting Fibonacci pivots in an orderly, trend-like cadence: “Basically, you’re taking three steps forward, two steps back. This is a very healthy bull trend until proven otherwise.” Related Reading: Dogecoin Holds Support as Analysts Eye Technical Setup That Could Trigger a $2 Super Rally On the weekly timeframe, he points to the confluence of the 20-week simple moving average and the 21-week exponential moving average—the support “band” many crypto traders track—as now acting as a floor rather than a ceiling. “You also broke above the support band resistance over here and flip into support. That’s also not a bearish thing here at all,” he said. The Ichimoku baseline has, in his words, been defended “at around 20 cents… very, very well for a long time,” while the 20-week average is “curling up,” further reinforcing the view that momentum is tilting higher. He also flags a “double bottom” and a successful back-test of the breakout zone that, taken together, leave him expecting upside resolution: “I think breakout is probably imminent whenever it wants to happen.” Related Reading: First US Dogecoin ETF Could Debut Next Week—How Will It Impact Price? Cantonese Cat underscores multi-time-frame alignment as a key tell. According to his read, the 20-period moving average has been reclaimed on the daily, two-day, three-day, weekly, and monthly charts. The main near-term caveat is tactical: an “impulsive move” has pushed price “way outside the 12-hour bullish band,” which he believes explains the current pause. He also acknowledges a diagonal resistance line that may be undergoing a back-test, but does not see it as thesis-breaking. DOGE Price Targets For This Cycle When pressed by his own audience for destinations, he distinguishes between conditions and targets. He argues that last cycle’s run into a 2.272 logarithmic Fibonacci extension is unlikely to repeat verbatim. This time, he sees the 1.272, 1.414, and 1.618 extensions as more realistic markers—levels he maps to approximately “$1.50, $2.27, and maybe close to $4.” But he stresses the path-dependency: “Those are going to be the requirement for some of these higher targets to be met” only if Dogecoin can first clear the deep retracement band on this cycle. “We need to break above the 0.786 and the 0.86 this cycle,” he said, adding that “one level at a time, $0.41, $0.54, we need to break above those before we can really try to entertain some of these… greater than the dollar targets.” As for timing, he is explicit about uncertainty even as he reiterates direction. “All I can tell you is that Doge is probably ready for a big move up over the next few weeks. I don’t know when exactly that’s going to happen, but I am pretty bullish on Doge,” he said. He cautions against forcing precision on the calendar—“I never do any short-dated options… I don’t like to play with 3D chess and to be limited by time”—and instead describes a systematic accumulation strategy that has bought successive higher lows: “The market seems to keep giving me these higher lows to buy Doge at. I’m not going to say no to it.” The analytic through-line is that this cycle’s ascent is more measured than the last, with trend integrity—higher highs and higher lows, reclaimed moving averages across time frames, and cloud re-entry by drift rather than spike—offering a sturdier base for continuation. Whether that ultimately extends to “$1.50, $2.27, and maybe close to $4” will, in his framework, hinge on Dogecoin defeating the remaining retracement band and converting it to support. Until then, he concludes, the burden of proof remains on the bears: “This is not a bear trend at all.” At press time, DOGE traded at $0.231. Featured image created with DALL.E, chart from TradingView.com
Paxos, Frax and Agora are competing for Hyperliquid’s USDH stablecoin contract as MoonPay backs Agora CEO Nick van Eck’s coalition and concerns mount over Stripe’s potential conflicts of interest.
Hyperliquid has once again made it to the trend list as its token HYPE price rallied 6.3% in the past 24 hours to trade at $49.65. This momentum comes at a time when the network is preparing to launch its own stablecoin, USDH. The project has invited firms to pitch proposals, with Paxos, Frax, and …
SatLayer’s native token SLAY surged by 11% today, trading around $0.029, capturing attention across the crypto space. This substantial price uptick is driven by a confluence of factors that signal growing confidence and momentum in the project. What’s Fueling SLAY’s Price Today? Exchange Listings and Wider Market Access SLAY’s recent listings on major exchanges like …
A Venus user had lost around $13 million on Sept. 2 after signing a malicious transaction through a fake Zoom client.
The Bitcoin price chart is now flashing a head and shoulders pattern with quite a clear plan for what could be coming next. Mix in the fact that there is an unfilled Fair Value Gap (FVG) available for the time being, with a high probability of being filled. This makes for a good idea for how the Bitcoin price could play out in the new week. However, there is also the possibility of a crash with resistance mounting that could cause trouble for the cryptocurrency. Filling The Fair Value Gap At $114,000 Crypto analyst Xanrox revealed that the first Bitcoin Fair Value Gap (FVG) opened up right above $114,000 following the last crash. This gap left a hole for liquidity that could attract more buy-ins to trigger another run. This fair value gap is also sitting above the Head and Shoulders pattern that has formed on the chart. Related Reading: Analyst Forecasts XRP To Stage Amazon-Like Rally To $200 With the gap still open and more likely to be filled, it suggests that the Bitcoin price could see a first initial run-up from here. This would take it all the way up to $114,000, and this is where the real problem comes in. This is because there is a lot of resistance building up above the fair value gap that could be triggered once the liquidity is sucked dry. Xanrox further explains that many traders have placed their stop loss orders above $114,000, which also adds to the mounting pressure at this level. Thus, whales will use this opportunity to take out all of the liquidity before they start to push the Bitcoin price back down. Bitcoin Price On The Edge Of A Crash Once the fair value gap is filled at $114,000, then there is the next phase of the trend, which is more bearish. In the post, the crypto analyst predicts that the price will begin another dump. This will be triggered by the lack of liquidity and the completion of the Head and Shoulders pattern. Related Reading: Ethereum Exchange Balance Turns Negative For The First Time – Why This Is Bullish For Price The crash is expected to go deeper than the current local low from August, plummeting below the support at $108,000. The more than 10% crash after filling the fair value gap is expected to push Bitcoin back down as low as $106,000 before finding a bottom. Xanrox expects all of this to play out this month, citing multiple factors for this. “We may see a huge dump because it’s September and it’s statistically the worst performing month for Bitcoin and also for the stock market,” the analyst stated. Featured image from Dall.E, chart from TradingView.com
Options data from Deribit reveals a striking divergence in sentiment for major cryptocurrencies.
German authorities may have missed seizing as much as $5 billion in Bitcoin tied to a piracy site it investigated last year, according to Arkham.
Metaplanet CEO Simon Gerovich said in June that the company’s long-term goal is to acquire 210,000 Bitcoin total by 2027.
MYX Finance (MYX) token has stunned the crypto market today with a jumping 135% price surge, catapulting to trade around $3.69 levels not seen in months. Today’s price jump comes after the anticipation of the upcoming V2 Protocol upgrade, with the strong trading activity, which boosted investor confidence.So, what’s driving the rally? What’s Driving MYX’s …
Ethereum’s stablecoin supply surged to a record $165 billion after $5 billion in weekly inflows, cementing its RWA market dominance.
Dogecoin (DOGE) price is showing renewed strength as the broader crypto market gains momentum, sparking discussions about its next major price target. After a period of sideways trading, DOGE has started moving higher, with analysts pointing to improving technical patterns and growing market participation. Speculation around the potential launch of a Dogecoin ETF has also …
The Hong Kong Monetary Authority (HKMA) will grant only a limited number of stablecoin licenses in its first round, according to the Hong Kong Economic Journal. So far, 77 institutions have expressed interest. ICBC (Asia) has joined BOC Hong Kong in planning to apply, while HSBC has also shown interest. Industry insiders believe Standard Chartered …
The central American nation marked the fourth anniversary of its bitcoin law with a 21 BTC purchase, worth about $2.3 million.
Metaplanet, often called Japan’s “MicroStrategy,” has added 136 BTC for about $15.2 million at an average price of $111,783 per coin. With this purchase, the company’s total Bitcoin holdings have climbed to 20,136 BTC, representing a total investment of nearly $2.057 billion. The stash is now valued at over $2 billion, demonstrating Metaplanet’s continued commitment …
Traders will look for higher highs and higher lows on intraday frames, shrinking wicks at highs, and rising participation rather than a single spike that reverses.
A Messari analyst says Ethereum is “dying” as revenue fell 44% in August. Others argue it’s a flawed way to measure the blockchain’s success.
Bitcoin Ordinals leader Leonidas said his community would fork Bitcoin Core if developers reversed the upcoming update that allows for more Ordinals and Runes transactions.
The Hong Kong Monetary Authority (HKMA) is moving carefully as it begins the stablecoin licensing process. Despite receiving interest from 77 institutions by the end of last month, the regulator plans to issue only a few licenses in the first phase. This cautious rollout aims to maintain oversight while gradually testing Hong Kong’s stablecoin ecosystem. …
A confirmed break above this resistance could open room toward $3.00–$3.30, while repeated failures may reinforce the ceiling and invite renewed selling pressure.
BNB price is gaining pace above the $865 zone. The price is now showing positive signs and might aim for a move above the $900 handle in the near term. BNB price started a fresh increase above the $850 and $865 levels. The price is now trading above $870 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $874 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $870 level to start another increase in the near term. BNB Price Regains Strength BNB price formed a base above the $840 level and started a fresh increase, beating Ethereum and Bitcoin. There was a steady move above the $850 and $865 levels. The bulls even cleared the $875 resistance zone. A high was formed at $884 and the price is now consolidating gains. It is well above the 23.6% Fib retracement level of the upward move from the $841 swing low to the $884 high. The price is now trading above $875 and the 100-hourly simple moving average. Besides, there is a key bullish trend line forming with support at $874 on the hourly chart of the BNB/USD pair. On the upside, the price could face resistance near the $882 level. The next resistance sits near the $885 level. A clear move above the $885 zone could send the price higher. In the stated case, BNB price could test $892. A close above the $892 resistance might set the pace for a larger move toward the $900 resistance. Any more gains might call for a test of the $920 level in the near term. Another Pullback? If BNB fails to clear the $885 resistance, it could start another decline. Initial support on the downside is near the $875 level. The next major support is near the $865 level or the 50% Fib retracement level of the upward move from the $841 swing low to the $884 high. The main support sits at $855. If there is a downside break below the $855 support, the price could drop toward the $872 support. Any more losses could initiate a larger decline toward the $835 level. Technical Indicators Hourly MACD – The MACD for BNB/USD is losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BNB/USD is currently above the 50 level. Major Support Levels – $875 and $865. Major Resistance Levels – $885 and $900.
For weeks, analysts like Zach Rector have been tracking September 7 as an important date in XRP’s roadmap. The expectation was for a breakout into the $4 to $7 range, but as the day came and went, XRP held under $3. In late July, XRP looked ready for a breakout. The coin bottomed near $1.90 …
Bitcoin whales sold around $12.7 billion of Bitcoin last month, pressuring prices and “signaling intense risk aversion among large investors.”
Institutional profit-taking and relatively flat ETF flows are capping bitcoin's price momentum at the moment, one analyst said.
The latest purchase raised its total holdings to 20,136 BTC, making it the sixth-largest publicly traded corporate bitcoin holder worldwide.
XRP price is struggling to recover above the $2.920 zone. The price is now moving higher and might gain pace if it settles above $2.90. XRP price is facing hurdles and struggling to recover above the $2.920 resistance. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2.8650 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to rise if it stays above the $2.850 zone. XRP Price Eyes Upside Break XRP price managed to stay above the $2.80 level and started a recovery wave, like Bitcoin and Ethereum. The price climbed above the $2.8350 and $2.850 resistance levels. However, the price seems to be struggling to settle above the $2.920 resistance zone. Recently, there was a fresh bearish reaction below the $2.90 level. The price dipped below the 23.6% Fib retracement level of the upward move from the $2.793 swing low to the $2.925 high. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2.8650 on the hourly chart of the XRP/USD pair. If the bulls protect the $2.850 support, the price could attempt another increase. On the upside, the price might face resistance near the $2.90 level. The first major resistance is near the $2.920 level. A clear move above the $2.920 resistance might send the price toward the $2.980 resistance. Any more gains might send the price toward the $3.00 resistance. The next major hurdle for the bulls might be near $3.050. Another Decline? If XRP fails to clear the $2.920 resistance zone, it could continue to move down. Initial support on the downside is near the $2.8650 level and trend line. The next major support is near the $2.850 level or the 50% Fib retracement level of the upward move from the $2.793 swing low to the $2.925 high. If there is a downside break and a close below the $2.850 level, the price might continue to decline toward $2.80. The next major support sits near the $2.720 zone, below which the price could gain bearish momentum. Technical Indicators Hourly MACD – The MACD for XRP/USD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level. Major Support Levels – $2.850 and $2.80. Major Resistance Levels – $2.90 and $2.920.
Christian Catalini, co-creator of Meta’s now-defunct Libra project, took to X to explain how Stripe’s Tempo blockchain fails one of the basic tenets of the crypto movement: decentralization. In fact, Catalini believes that if Stripe’s Tempo succeeds commercially, it would mean that early crypto idealists will have to embrace a future where the original ethos […]
The post Critics argue Stripe’s blockchain ambitions clashes with crypto decentralization appeared first on CryptoSlate.
An NYDIG analyst has warned of possible market turbulence as the gap between the share price and asset values of Bitcoin holding companies has narrowed.
Ethereum price started a fresh recovery wave above the $4,450 zone but failed. ETH is still struggling and might slide below the $4,220 zone. Ethereum is still struggling to recover above the $4,400 zone. The price is trading below $4,400 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at $4,310 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a close above the $4,350 level in the near term. Ethereum Price Remains At Risk Ethereum price started a recovery wave after it formed a base above the $4,200 zone, like Bitcoin. ETH price was able to climb above the $4,350 and $4,400 resistance levels before the bears appeared. The recent low was formed at $4,233 and the price is now consolidating losses. There was a minor increase above the 23.6% Fib retracement level of the recent decline from the $4,491 swing high to the $4,233 low. However, the bulls face an uphill task near $4,320. Besides, there is a short-term declining channel forming with resistance at $4,310 on the hourly chart of ETH/USD. Ethereum price is now trading below $4,320 and the 100-hourly Simple Moving Average. On the upside, the price could face resistance near the $4,300 level. The next key resistance is near the $4,320 level. The first major resistance is near the $4,360 level or the 50% Fib retracement level of the recent decline from the $4,491 swing high to the $4,233 low. A clear move above the $4,360 resistance might send the price toward the $4,420 resistance. An upside break above the $4,420 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $4,500 resistance zone or even $4,550 in the near term. More Downside In ETH? If Ethereum fails to clear the $4,360 resistance, it could start a fresh decline. Initial support on the downside is near the $4,260 level. The first major support sits near the $4,220 zone. A clear move below the $4,220 support might push the price toward the $4,200 support. Any more losses might send the price toward the $4,160 support level in the near term. The next key support sits at $4,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $4,220 Major Resistance Level – $4,360