Despite recent volatility and price swings, XRP has remained firm above critical support levels, with technical indicators suggesting a possible breakout. Crypto analysts who closely monitor momentum on the daily time frame, particularly the Relative Strength Index (RSI), indicate that XRP bulls are regaining strength, paving the way for a potential move above the $ 3.60 mark. RSI Turns Bullish As XRP Eyes Higher Levels In his latest analysis on X social media, crypto market expert Dark Defender noted that XRP’s price structure is holding steady above essential support zones, with the $2.85 level emerging as a pivotal point in the current cycle. Previously identified as strong support, $ 2.85 has now flipped into a resistance barrier. Related Reading: XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds A sustained push above this threshold could unlock a path toward $3 and beyond, ultimately setting the stage for a potential retest of the $3.6 weekly resistance line. At the time of writing, the price of XRP is $2.87, meaning a surge above $ 3.60 would represent a significant increase of more than 25%. On the daily chart, XRP has completed a corrective ABC pattern, with the recent bounce from the $2.74 level marking the start of a new upward wave. The RSI indicator has begun trending upward from oversold conditions, signaling renewed buying momentum. This bullish divergence strengthens the case for a potential breakout rally, provided that price maintains its footing above the retracement levels of 23.6% and 38.2%. Currently, momentum indicators suggest that XRP’s next target lies in the $2.85 and $3 zone, with the possibility of a stronger increase if volume supports the move. Dark Defender’s analysis underscores that although XRP’s price action remains slow and consolidating, its structure continues to align with bullish technical signals, reinforcing expectations of further upside in the near term. Analyst Signals Caution As XRP Exchange Reserves Spike Crypto analyst Greg Miller has announced on X that XRP exchange reserves have surged to a one-year high—a development often interpreted as a sign of selling pressure. Sharp increases in reserves typically suggest that more tokens are being moved onto centralized platforms, with investors possibly preparing for liquidation. Related Reading: Analyst Predicts The XRP Price If 10% Of Global Assets Are Tokenized The CryptoQuant‘s chart reveals a clear divergence between XRP’s exchange holdings and price action. While the cryptocurrency is consolidating around the $2.7 to $2.9 range, the sharp uptick in reserves reflects growing caution among investors. Historically, similar trends have preceded price corrections, and XRP’s earlier breakdown from the $2.74 level confirms that bearish momentum has not fully dissipated. According to Miller, the surge in reserves introduces a significant risk in September. While some technicals favor an upside breakout, the heavy supply in exchanges could cap gains prematurely, stalling any meaningful rally. Without a surge in demand to absorb inflows, Miller argues that XRP’s recovery toward $3 or higher remains unlikely. Featured image from Getty Images, chart from Tradingview.com
Christies closes its digital art department, folding sales into broader categories as the digital art market faces ongoing struggles.
The post Christie’s winds down digital art department as its NFT marketplace faces doubt appeared first on Crypto Briefing.
The shuttering of Kinto represents Wildcat's first official default since launching in 2023, according to an announcement on Monday.
Pantera Capital's strategic focus on crypto-AI investments could significantly influence the future landscape of blockchain technology.
The post Pantera Capital taps Symbolic alum to deepen crypto-AI bets appeared first on Crypto Briefing.
Grok scans posts and sentiment shifts on X to help crypto traders identify early signals, memes and macro-driven momentum plays.
JPMorgan’s trading desk has cautioned investors of a potential pullback after the expected Fed rate cut on September 17. The bank warned traders that a potential sell-the-news could happen as the wider markets continue to record bullish sentiment catalyzed by high odds of a 25 bps Fed rate cut. The odds of a 25 bps …
MegaETH launches USDm with Ethena, a stablecoin backed by BlackRocks tokenized Treasuries to cut fees and fund sequencer costs.
The post MegaETH partners with Ethena to launch native stablecoin USDm appeared first on Crypto Briefing.
Lion Group's strategic shift to Hyperliquid may enhance its market position, reflecting broader trends in crypto asset management and DeFi innovation.
The post Lion Group to swap all Solana and Sui tokens for Hyperliquid as firm reallocates crypto treasury appeared first on Crypto Briefing.
ETHZilla named Executive Chairman McAndrew Rudisill as CEO and said it holds 102,246 ETH, plus $213 million in cash.
The company began acquiring HYPE tokens in late June, having previously announced its Hyperliquid treasury initiative
Analyst Mark Palmer initiated a “buy” rating for BKKT, arguing the company is due for “a fresh start,” according to a note on Monday.
Dunamu's potential blockchain project could enhance South Korea's crypto ecosystem, influencing digital asset infrastructure and innovation.
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Dogecoin (DOGE) is leading the altcoin market higher as speculation surrounding a potential Rex-Osprey Dogecoin ETF intensifies. The memecoin surged 7% in the past 24 hours, climbing to $0.231, with daily trading volume spiking 123% to $2.6 billion. Related Reading: American Bitcoin, Backed By Trump, Ends Nasdaq Debut Up 17% According to prediction market Polymarket, the odds of DOGE ETF approval this week stand at 94%. Experts suggest such an approval could mark a turning point for Dogecoin, potentially placing it alongside Bitcoin and Ethereum in the regulated ETF landscape. Nate Geraci, President of NovaDius Wealth Management, noted on X that the “first Dogecoin ETF appears likely to launch this week,” fueling excitement across the crypto community. Analysts Eye Higher Targets for Dogecoin (DOGE) Technical analysts remain optimistic, with Dogecoin currently trading within a long-term logarithmic uptrend. Chart patterns highlight a broadening wedge, historically linked to explosive rallies. Analysts now point to $1.40 as the next major resistance level, with some forecasts suggesting a move toward $1.50 if ETF-driven momentum holds. Open interest in DOGE futures has surged 14.5% to $3.81 billion, while options activity has more than tripled. The skew toward bullish positions shows traders’ confidence, though analysts caution that a rejection at resistance could trigger sharp pullbacks. Despite near-term volatility risks, long-term projections remain bullish. Crypto strategist Javon Marks even suggested DOGE could see an 860% upside, targeting as high as $2.28 in the next major cycle. DOGE's price trends to the upside on the daily chart. Source: DOGEUSD on Tradingview Altcoins Join the Rally Dogecoin’s surge is lifting the broader market, with XRP, Solana (SOL), and Hyperliquid (HYPE) also recording gains. Optimism is being boosted not only by ETF speculation but also by expectations of a 50 basis point Fed rate cut at the upcoming September 17 meeting. A dovish policy shift could inject fresh liquidity into risk assets, further supporting altcoin momentum. The Dogecoin ETF, if approved, would represent the first U.S.-listed investment product tied to a meme coin. Such a milestone could expand institutional access, reinforce DOGE’s market leadership, and provide a foundation for its next price breakout. Related Reading: Bitcoin LTH Aging Velocity Turns Negative: Distribution Phase Unfolds For now, all eyes remain on regulators. With sentiment strong and technicals flashing bullish signals, the market is watching closely to see if Dogecoin can extend its rally toward the much-anticipated $1.50 milestone. Cover image from ChatGPT, DOGEUSD chart from Tradingview
MegaETH is working with USDe issuer Ethena to launch USDm, a native stablecoin whose reserve yield funds the network’s sequencer to keep fees low and stable.
The Pi Network (PI) is once again under pressure as its price slips dangerously close to fresh lows. At the time of writing, PI is trading at $0.34, just above its all-time low of $0.33. If the token breaks below the critical $0.344 support, it could fall further to $0.322, setting a new record low. …
The absence of new buyers, weak spot Ethereum inflows and declining network activity have put ETH price at risk of dropping to $3,500.
Bitcoin’s supply–demand balance narrowed further last week as corporate treasuries captured a dominant share of new issuance. Last week, two publicly traded firms, Strategy and Tokyo-listed Metaplanet, purchased more than $230 million worth of BTC. According to their separate announcements, their combined acquisitions, totaling 2,091 BTC, represented about two-thirds, or 66%, of all coins produced […]
The post Strategy and Metaplanet scooped up 66% of newly mined Bitcoin last week appeared first on CryptoSlate.
USDD, the algorithmic stablecoin backed by Tron founder Justin Sun, is launching a native deployment on Ethereum.
Nasdaq has asked the SEC for a rule change that would allow the stock exchange to record stocks in tokenized form, according to a filing.
Months before Terra imploded, Do Kwon attempted to buy a $30 million luxury apartment but never completed the purchase.
Chainalysis' enhanced XRPL support could significantly improve transaction transparency and security, impacting compliance and fraud detection.
The post Chainalysis enhances XRP Ledger support with automatic token recognition appeared first on Crypto Briefing.
Nasdaq is seeking regulatory approval to introduce tokenized versions of stocks and exchange-traded funds (ETFs) onto its existing trading platform. On Sept. 8, Tal Cohen, Nasdaq’s president, outlined the vision in a LinkedIn statement, explaining that the plan is designed to capture the efficiency gains of tokenization while preserving investor rights and market safeguards built […]
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Nasdaq has taken a big step to modernise financial markets. Recognising the potential of blockchain and similar technologies, Nasdaq has announced that it has filed with the U.S. SEC to allow trading of tokenised securities on the Nasdaq stock market. The goal is to use blockchain in a way that helps investors, companies, and markets …
The lucky bitcoin miner earned $347,980 for mining block 913,593 using CKpool in a solo mining configuration.
October VIX futures are trading at an extreme premium to September futures, pointing to post-Fed turbulence.
Bitmine's latest disclosure suggests the Ethereum treasury firm bought an additional $1.4 billion in ETH since Sept. 4.
The Ethereum price is once again drawing attention as a strong bullish setup begins to take shape on the charts. Analyst Merlijn the Trader says buyers are stepping in after repeated rebounds, showing that the market could be shifting in favor of the bulls. He points out that momentum is now building, but one key resistance level still stands in the way. According to the analyst, this is the kind of setup that often sparks explosive moves to higher targets. Ethereum Price Forms Triple Bottom Pattern According to Merlijn the Trader, Ethereum is now showing a clear triple bottom pattern on the charts. He explains that the price has bounced three times off the same support floor, creating a strong base. Each bounce, he says, is evidence that buyers are stepping in with confidence whenever the price moves down, while sellers are losing strength. Related Reading: Chainlink Integration Brings Shiba Inu Into New Crosschain Market — What You Should Know To the analyst, this behavior suggests that the downward pressure is weakening and that exhaustion among sellers is becoming apparent, following numerous failed attempts to break through the support level. Merlijn describes this setup as an explicit bullish confirmation. The way the Ethereum price has held the same floor over and over makes it clear to him that the bulls are ready to push harder. In his view, the triple bottom is a message that the foundation for a strong rally could already be in play. With this structure firmly in place, Merlijn stresses that momentum is only waiting for the signal of a breakout to begin. $4,540 Resistance Is The Breakout Key Merlijn the Trader points to $4,540 as the key line that Ethereum needs to clear. He explains that this level is the final barrier stopping the price from running higher. If the price pushes through $4,540 with strength, the analyst believes the path to $5,000 will open quickly. In his words, “clear that line, and $ETH goes vertical.” Related Reading: You Won’t Believe How Much Of The Shiba Inu Supply The Top 10 Addresses Control The analyst warns that resistance levels like this are where the market decides its next move. For now, Ethereum is holding steady below it, but pressure is building. Traders are watching closely to see if the price breaks out, because once it does, momentum could make a quick move. Merlijn stresses that this is “how explosive moves are born,” and he expects the Ethereum price to rally sharply once the market breaks this resistance level. Ethereum traders are now focusing on this key price level. The triple bottom has already given a strong signal of support, and buyers have shown that they are ready. With sellers exhausted and momentum lined up, the only question left is whether Ethereum can break $4,540. If it does, the analyst believes $5,000 will be within reach sooner rather than later. Featured image from DALL.E, chart from TradingView.com
A solo miner earned 3.13 $BTC ($347,872) mining Bitcoin on Sunday. It’s only the second time an individual has successfully mined on the Bitcoin blockchain this month. With industrial miners dominating the space, small-scale miners with limited resources are at a huge disadvantage. That is where Pepenode offers a fresh and promising alternative, letting small-time miners have fun mining crypto and earn, without the need for an expensive rig. A Win for the Little Guy On Sunday, a lone miner processed block 913,632 using Solo CKPool and earned a total reward of 3.13 $BTC, valued at approximately $347,872. Solo CKPool is a mining service for solo miners to participate in Bitcoin mining without operating their own Bitcoin node. It provides an entry point for small-scale miners and helps them compete with industrial leaders and established mining firms. Reports from Blockchain Explorer indicate that the individual’s average transaction size was 0.7987 $BTC. The miner earned a reward that included a standard base reward of 3.125 $BTC and an extra 0.0042 $BTC in transaction fees. The miner’s success has renewed confidence that individuals still have a chance to mine some fresh bitcoins, even as Bitcoin’s mining difficulty now measures a record high of 136.04T. How Difficult is Bitcoin Mining? The difficulty level is determined by how hard and time-consuming it is to find a valid block. The more miners that join the network and the more powerful the mining hardware involved, the higher the difficulty level. With Bitcoin mining difficulty higher than ever, it’s tougher to earn $BTC unless you’re running top-tier equipment. Sunday’s $347K solo Bitcoin mining success highlights the high-reward possibilities in cryptocurrency mining, but also the barriers to entry for small-timers. That is where Pepenode comes in, democratizing crypto mining by replacing industrial barriers with digital creativity and community-driven incentives. It’s mining for the meme coin generation. Pepenode ($PEPENODE) – The Future of Meme Coin Mining Pepenode ($PEPENODE) is a fun new crypto project combining virtual mining and gamification. It lets you mine the best meme coins for rewards in a hardware-free mining simulation, and you can get started even during the presale phase. Read about How Pepenode Makes Presale Participation Fun Unlike Bitcoin, mining memes in Pepenode doesn’t involve high costs, computing power, or massive energy consumption. You can start playing the mining game as soon as you’ve joined the presale. Simply stake your purchased tokens to build and upgrade your rigs (virtual mining equipment) and earn more tokens and rewards. In this way, Pepenode makes holding staking presale tokens more engaging and rewarding. Of all the tokens staked in the presale, 70% will get burned, reducing the total token supply and increasing the token’s value over time. With the presale nearing $900K in raised funds, Pepenode is rapidly gaining momentum as the next big mining opportunity. The presale price of one token is as low as $0.0010491, with the price expected to increase gradually with widespread adoption. Read How to Buy PepeNode ($PEPENODE) in Easy Step-by-Step Guide here. At close to 1,618% APY, early adopters of Pepenode enjoy high staking rewards. Also, the more you stake, the more nodes you can buy, and the stronger your virtual mining rig becomes. On the back of growing retail interest in crypto mining, our $PEPENODE price prediction shows a near 200% ROI by the end of the year if you buy now. Join the PepeNode presale now – lock in early access and collect bonus airdrops in top meme coins like $PEPE and $FARTCOIN – all without needing real hardware. Takeaways: Solo Bitcoin Miner’s Win Underscores Pepenode’s Potential As Bitcoin mining increasingly becomes the domain of industrial-scale miners, Pepenode brings the thrill of mining to everyday crypto users. With a presale offering a gamified mining experience, it makes meme coin mining fun again, eliminating the need for astronomical hardware and skyrocketing energy costs. If you missed the Bitcoin mining boom, fire up your nodes in Pepenode’s presale today. The cryptocurrency market is highly volatile with frequent and sharp price swings driven by various factors such as market sentiment, regulatory news, and macroeconomic events. Always do your own research thoroughly before investing. Authored by Aaron Walker, NewsBTC https://www.newsbtc.com/news/bitcoin-miner-347k-profit-pepenode-presale-viral-nears-1m/
After months of waiting, the breakout moment for altcoins may finally be here. Analysts say as much as $600 billion could soon flow into the market, fueling what some are already calling the next big “alt season.” Bitcoin dominance has started to weaken, Ethereum is edging toward a major breakout, and tokens like Cardano, Solana, …