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#crypto #featured #macro #jobs report

The August jobs report is in, and depending on your perspective, it’s either worrying or the next big catalyst for crypto. While economists were expecting jobless claims of 230,000, the reality arrived at 237,000. Job openings also missed the mark, coming in at 7.18 million versus the projected 7.38 million. Along with July’s figures, the […]
The post Here’s how a weak jobs report could spell gains for crypto appeared first on CryptoSlate.

#price analysis #altcoins #crypto news

The first week of September has turned into a breakout phase for PUMP crypto. After trending upward in August, the token has extended gains by more than 85%, making the PUMP price today one of the standout performers in the altcoin market. With technical patterns aligning and fresh developments from the project, traders are eyeing …

#sui #sui price #suiusdt #suiusd #bitguru #cryptopulse

After a period of consolidation, SUI’s price action has finally tightened, forming a bullish structure that has analysts on high alert. With a clear foundation for an upward move now in place, all eyes are on the pivotal $3.50 resistance level. Presently, speculations are whether the bulls can summon enough momentum to push past this key hurdle, potentially unlocking a new phase of growth for SUI. Market Structure Strengthens For The Next Wave Up CryptoPulse, in his recent SUI analysis posted on X, highlighted how the token tapped perfectly into the $3.30 support zone. As anticipated, buyers quickly defended this zone, stepping in with strong momentum that signaled the market’s readiness to shift upward. This reaction not only confirmed $3.30 as a critical support level but also reinforced the growing confidence among bulls. Related Reading: SUI Bulls Target $3.50 After A Breakout From This Key Chart Pattern He explained that the strong bounce from this support has allowed him to position long, with the expectation of riding the next wave of upward momentum. The renewed upward pressure suggests that traders and investors alike are beginning to align with the bullish narrative. If this momentum sustains, SUI could continue building a healthy structure, forming the foundation needed for higher price targets. Looking ahead, CryptoPulse stated that his targets remain set above the $5 mark, underscoring the potential for significant upside if the breakout structure plays out as anticipated. With such a bullish move, SUI could be on track for one of its strongest rallies in months. SUI Recovers From Major Support Zone BitGuru, in an update on X, pointed out that SUI was trading around the $3.28 mark at the time of the post. This comes after the token managed to recover from recent lows where it tested a major support level, showing resilience from buyers who stepped in at a critical point.  Related Reading: SUI MACD Signals Massive Rally Ahead — 400% Price Surge Possible He explained that the ability of buyers to sustain this momentum will be key to shaping the next move. If bullish pressure holds steady, SUI could advance toward the $3.50–$3.55 resistance zone, an area that may serve as the next major test for the market. A successful breakout above this range could strengthen the case for a broader upside rally. On the other hand, BitGuru stressed the importance of the $3.20 level, which is acting as a key downside protection zone. Should the price fail to maintain strength above this threshold, it would expose the market to renewed selling pressure. However, the market sentiment presently appears cautiously optimistic as SUI continues to hold its recovery momentum. Featured image from Adobe Stock, chart from Tradingview.com

#crypto #ripple #xrp #altcoin #altcoins #digital currency #xrp price #cryptocurrency #amazon #xrpusd

XRP has drawn plenty of comparisons over the past few months, but one analyst believes the best way to understand its future is to look at Amazon’s past. Nick Anderson, better known as BULLRUNNERS on the social media platform X, says XRP is going through the same kind of consolidation Amazon faced in 2010, and it still has the potential to rally to $200. The key difference, however, is the patience investors will need before this rally can happen. Related Reading: XRP Poised For Amazon-Like Boom? Analyst Predicts $200 Rally Amazon’s Breakout Holds The Clues For XRP XRP’s price action in the past seven days has been highlighted by a trading range between $2.8 and $2.9. The cryptocurrency now seems stuck within this range, but it has managed to hold above $2.8 for the meantime. Interestingly, Anderson likened this consolidation move to a similar retest of a previous high by the Amazon stock (AMZN) back in 2010.  In his post, Anderson highlighted how Amazon stock spent roughly 3,800 days consolidating after the dot-com crash before finally breaking past its previous high and entering a meteoric run. However, before entering into this meteoric run, it consolidated for a few months in 2010 just after breaking above its previous high during the dot-com bubble.  According to Anderson, XRP’s current structure is tracing out a massive cup and handle that mirrors this exact Amazon stock setup, with the cryptocurrency now using past highs as support in the same way Amazon did. Just as Amazon transformed once it cleared resistance, Anderson believes XRP could follow a similar breakout trajectory that could eventually push its price above $100, and possibly as high as $200. Short-Term Expectations Between $5 And $30 In his assessment, Anderson noted that this predicted rally to $200 might take many years to come to fruition. Comparing today’s price of around $2.80 to Amazon’s $5 launch point before its monumental rally, this would probably be the best time for XRP investors to accumulate for the long term. For younger investors, holding XRP for the next 10 to 15 years could prove transformative, with as little as 10,000 XRP amounting to $1 million in value if the cryptocurrency eventually climbs to $100. Despite his long-term forecast, Anderson is more cautious about what XRP might achieve this cycle. He stated that while a push to $100 in the near term would be “absolutely insane”, a more realistic target for this bull run could lie between $5 and $30. After that, he expects another correction to set in before the rally resumes sometime around the end of the decade.  Related Reading: MemeCore Explodes 3,800% For ATH — But Is A Collapse Around The Corner? Anderson also left room for a more explosive scenario, noting that XRP could deliver what he called a “giga rally” if liquidity rushes into the market faster than expected. This is based on the growing anticipation around the adoption of ISO 20022 by the US Federal Reserve. At the time of writing, XRP is trading at $2.81. Featured image from Unsplash, chart from TradingView

#news #bitcoin #bitcoin mining #ordinals #tech #spam #adam back #taproot

The Blockstream CEO says image inscriptions undermine Bitcoin’s role as money and offer miners only a negligible profit in return.

#price analysis #crypto news #exchange news

The start of September has brought a wave of optimism for OKB holders. A steady stream of updates from OKX has helped the token flip $190 and now aimed toward retesting its August all-time high. With features ranging from recurring buys in the U.S. to a new app launch, the strong pace of development is …

#defi #crypto #stablecoins #ethena #price watch #ena

Ethena’s ENA token leaped over 12% on Saturday following news that StablecoinX Inc. secured an additional $530 million capital raise. The move is part of StablecoinX’s ongoing accumulation strategy for ENA, significantly increasing its token holdings in the Ethena ecosystem. StablecoinX expands ENA holdings StablecoinX has now raised a total of $895 million in private […]
The post Ethena token rallies over 12% following StablecoinX’s $530 million capital raise appeared first on CryptoSlate.

A crypto developer says Trump-linked crypto project WLFI froze his tokens and refused to unlock them, calling it “the new age mafia.”

#news #policy #cryptocurrency #belarus

Lukashenko pressed regulators to finalize a framework for digital tokens, saying Belarus must pair investor safeguards with its bid to be a crypto-friendly hub.

#bitcoin #crypto #altcoins #crypto market #cryptocurrency #cryptocurrency news #cryptocurrency market #crypto news #cryptocurrency market news #fed rate cuts

Expectations surrounding possible rate cuts by the Federal Reserve in September are nearing peak levels, especially among crypto investors. Historically, Fed rate cuts have often meant the start of a bull run since it signals to investors to take more positions in risk assets such as Bitcoin and crypto. Thus, with only two weeks left to the next FOMC meeting, votes are already coming in for what the Fed will do and how the crypto market will react. Probability Climbs Above 97% The CME Watch Tool from the CME Group website is now showing the highest probability so far for a Fed rate cut in September. The percentage had fluctuated over the month of August, rising above 92% and then falling back to 75% again as different developments popped up. However, as the market entered the month of September, sentiment has skewed completely toward the positive, and the probabilities have risen drastically. Related Reading: XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds Bitcoinist had reported that the probability had fallen to 75% toward the end of August. But now the figure is back again, reaching the highest level so far, ahead of the FOMC announcement. The Fed Watch Tool now reads a 97.6% chance that the Fed will cut rates this September and trigger another bull run. This figure means that there is now only a 2.4% probability that the Fed would choose to keep rates at the same level as they did the last time. In contrast, there is still a 0% chance that there will be a rate hike this September. In fact, there have not been talks of a Fed rate hike for months now, suggesting that all focus remains on the rate cuts. How The Crypto Market Could React Naturally, a Fed rate cut is bullish for both the stock and crypto markets as it allows investors to take on more risks. This triggers a flow of liquidity into the market, driving up prices rapidly, while also increasing the volatility of the market at the same time. The expectation is that the crypto market could rally off the news, especially as US President Donald Trump has been in support of rate cuts for months now. However, there is also the need to be cautious due to high expectations often leading to dashed hopes. Related Reading: Crypto Analyst Warns 90% Bitcoin Price Crash Is Coming, Here’s When In a report, the on-chain data analytics platform Santiment revealed that social conversations with the words “Fed”, “rate”, and “cut” had risen to the highest level in almost one year. This suggests a lot of bullishness already surrounding the FOMC meeting. But periods like these have often marked the top, leading to a possible “buy the rumor, sell the news” event. If the latter is the case, then it would mean that prices could rise leading up to the FOMC meeting and then crash if the announcement is different from expectations. Thus, it would be wise to be cautious around this period, especially with the expectation of high volatility. Featured image from Dall.E, chart from Tradingview.com

#price analysis

Chainlink price is facing renewed selling pressure after the bulls failed to hold critical levels. As of press time, LINK is being sold across exchanges at $22.17, with a 2.87% discount over yesterday. The market cap stands at $15.04 billion, while 24-hour trading volume sits at $1.17 billion. Wondering how the LINK price has performed …

#xrp #crypto market #bitcoin etfs #altcoin season #james seyffart #altseason #cryptocurrency market news #corporate adoption #xrp etf news #ethereum etfs #total3 #altcoin etf #bitcoin treasury companies #spot crypto etfs

Bloomberg Exchange-Traded Fund (ETF) analyst James Seyffart shared his perspective on the long-awaited altcoin season and how it may differ from previous cycles following the boom of Digital Asset Treasuries and institutional adoption. Related Reading: WLFI Token Controversy: Justin Sun Denies Selling Rumors Following Address Blacklist Altseason Already Here? In a recent interview with Jay Hamilton from Milk Road, James Seyffart, senior analyst and ETF expert at Bloomberg, reaffirmed his stance that the four-year cycle theory has “lost a lot of value,” at least for this cycle. “I’m one of those people not necessarily saying this time is different, but I don’t think we’re going to, you know, peak in later this year and then drop 80%. I just don’t think that’s going to happen anymore,” he stated. The analyst previously explained that with institutional adoption and treasury companies, the cycle’s amplitude will reduce significantly, adding that this theory has gotten “muted” and “It won’t be as strict as on the money, where everything collapses in November or December.” During the Thursday interview, he affirmed that, unlike the previous cycle, the market appears to be experiencing what could be considered a “corporate” altcoin season, driven by institutional adoption, Digital Asset Treasury Companies (DATCOs), and Initial Public Offerings (IPOs). Seyffart considers that DATCOs are “taking a lot of steam” from any potential traditional altcoin season, as “they’ve been on absolute fire.” Based on this, he suggested that in the short term, the highly anticipated altcoin season is occurring on public markets through institutions: The thing is, I just think right now this market is becoming a little more institutionalized (…). I just don’t think altcoins are going to run in the same way it has in years past. Largely because the money that’s mostly driving the performance of things like Bitcoin and ETH right now is institutional money. Altcoin ETFs Demand Won’t Match BTC, ETH The ETF expert asserted that neither institutional money nor the long-awaited approval of multiple altcoin-based ETFs will fuel a rally like the BTC or ETH-based products had at launch, despite the evident interest in the investment products. “Anyone who thinks like, ‘oh, Bitcoin ETFs took in 40 billion, (…) XRP ETF is going to take in the same amount’ or whatever. That’s just not how this is going to work. These are longer tail assets,” he added. Recently, Canary Capital CEO Steve McClurg claimed that the XRP spot ETFs could hit $5 billion worth of inflows in their first month. He pointed out that after BTC, XRP is the most recognized token among Wall Street investors, which could drive significant adoption from the start and even outperform Ethereum ETFs. Related Reading: Cardano (ADA) Redemption Controversy Over? Hoskinson Shares IOG Audit Results Seyffart explained that there will be demand for the altcoin-based investment products, and “there will probably be multiple products for each of these assets to do well.” He pointed out that they will not capture the same institutional capital as Bitcoin and Ethereum ETFs, “but they’ll be trading vehicles.” However, the Bloomberg analyst expects basket products that combine multiple assets to attract significantly more interest from institutional capital, arguing that investment advisors prefer asset diversification. Featured Image from Unsplash.com, Chart from TradingView.com

#bitcoin #btc #bitcoin etfs #bitcoin news #btcusdt

On-chain data shows the Bitcoin spot exchange-traded funds (ETFs) have seen three waves of major inflows from the veteran hands in this cycle so far. Bitcoin Coin Days Destroyed Shot Up Alongside Earlier ETF Net Inflows As explained by CryptoQuant author Maartunn in a new post on X, Bitcoin has been observing major reshuffles related to old tokens and the spot ETFs. The spot ETFs refer to investment vehicles that trade on traditional platforms and allow investors to gain exposure to an underlying asset like BTC without having to directly own the asset. The BTC spot ETFs launched in the US in January 2024. Since then, the funds have generally enjoyed growth, with a few periods involving a particularly sharp burst of inflows. The main attraction of the ETFs is that investors unfamiliar with the cryptocurrency world can invest into BTC in a form that’s convenient to them. Related Reading: Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For First Time In 6 Months When a trader invests into such a vehicle, the fund buys an equivalent amount of the cryptocurrency on the client’s behalf. This reflects as an on-chain movement into the wallets associated with the ETF. Below is the chart shared by Maartunn that shows the trend in the 30-day Bitcoin spot ETF netflow since the start of 2024. As displayed in the graph, the Bitcoin spot ETF netflow has seen a few phases of extremely positive values. These naturally correspond to a high amount of demand for the ETFs. Interestingly, there is a pattern common among these large waves of inflows. From the chart, it’s visible that the Coin Days Destroyed (CDD) gave distribution signals alongside the netflow spikes. The CDD is an on-chain indicator that measures the total number of coin days that are being “destroyed” in transactions across the BTC network. A coin day is a quantity that one BTC accumulates after staying dormant on the blockchain for one day. When a token dormant for some number days is moved, its coin days counter returns back to zero. The coin days that it had previously been carrying are said to be destroyed. Generally, spikes in this metric correspond to activity from the diamond hands of the network. These HODLers tend to accumulate a massive amount of coin days with their patience, so when they finally break their silence, large-scale destruction of coin days takes places. The three major Bitcoin ETF net inflow waves of Summer 2024, Fall 2024, and Summer 2025 all accompanied a distribution signal from the CDD, which suggests a rotation of coins happened from the veteran hands to new demand coming through these vehicles. Related Reading: Dogecoin Signal That Nailed The Top Says It’s Time To Buy Since the latest such wave, the ETF netflow has calmed down to the neutral level, meaning demand has gone cold. “ETF inflows are key,” notes Maartunn. “Without strong new demand, selling pressure from new holders could increase.” BTC Price At the time of writing, Bitcoin is trading around $110,500, up 2% over the past week. Featured image from Dall-E, CryptoQuant.com, chart from TradingView.com

#news

In 2025, Crypto isn’t just for traders anymore.  Bitcoin, Ether, and other digital assets are now being used to pay for everything from coffee and groceries to luxury cars, real estate, and even cryonic preservation. What was once a niche experiment is now part of daily transactions. Mass adoption is here. Here are some interesting …

#markets #news #tron #justin sun #world liberty financial #wlfi

Onchain data shows WLFI’s sharp drop was driven by shorting and dumping across exchanges – not Justin Sun's token movements – while the project says wallet freezes targeted phishing-related compromises, not market participants.

#news #ripple (xrp)

XRP has long been a key player in the crypto space, and its role continues to expand. From cross-border payments to decentralized finance, the XRP Ledger ecosystem is growing stronger every day. Recently, xrpladam, a prominent figure in the XRP Ledger community and CEO of xrp.cafe, a leading NFT marketplace on XRPL, shared insights on …

#price analysis

PYTH price has made a comeback after a volatile week. The token is changing hands at a 7.78% premium over yesterday at $0.1624, despite being down 18.04% over the last 7 days. Its market cap has climbed to $934.87 million, with trading volume soaring 97.18% to $207.36 million. This sharp recovery is tied to both …

#news #price analysis #altcoins #ripple (xrp)

A popular claim circulating in the XRP community alleges that Coinbase is deliberately manipulating the price of XRP. The theory centers around Coinbase sharply reducing its XRP holdings and coordinating large sales to suppress XRP’s market price. Who Made the XRP Manipulation Claim Against Coinbase? The allegations primarily come from an XRP community member known …

#bitcoin #btc price #bitcoin price #btc #bitcoin news #btcusdt #btc news #bitcoin technical analysis #bitcoin bull run #bitcoin cycle peak #bitcoin cycle top indicators #bitcoin bull run signal

Bitcoin (BTC) has recently reached a new weekly high above the $112,000 mark, signaling a potential new uptrend for the leading cryptocurrency. This movement may represent the final phase of the current cycle for Bitcoin and the broader cryptocurrency market.  Market analyst CryptoBirb has indicated that this uptrend could last for approximately 50 more days, emphasizing that Bitcoin is now 95% through its cycle, which has spanned 1,017 days since the lows of November 2022. 50 Days Until Possible Bitcoin Peak Historically, Bitcoin’s bull markets have peaked between 1,060 and 1,100 days after significant lows, suggesting a target timeframe for this cycle’s peak could fall between late October and mid-November 2025.  The analysis highlights the typical relationship between Bitcoin’s Halving events and subsequent price peaks. Since the last Halving in April 2024, 503 days have passed, with past data showing that price peaks usually occur 518 to 580 days following such events.  Related Reading: First US Dogecoin ETF Could Debut Next Week—How Will It Impact Price? As seen in the chart below, Bitcoin is currently 77% to 86% of the way through this timeline, entering what the analyst refers to as the “hot zone”—a period of heightened volatility and potential price movements. However, CryptoBirb cautions that historical trends indicate that after reaching a peak, Bitcoin typically experiences a significant decline, often dropping by 70% to 80% over a 370 to 410-day timeframe.  This bearish phase is projected for approximately the first and second quarter of 2026, with a historical probability of a bear market in that year reaching 100%. Before this potential downturn, the analyst expects a final surge, with about 50 days remaining before the market may peak. September, often recognized as a weaker month for Bitcoin, has shown an average decline of 6.17%. Although third quarter statistics can be mixed, with a median increase of 0.80%, the overall average tends to reflect a decline due to larger losses.  The typical seasonal pattern suggests that a poor September could be followed by stronger performance in October and November, with September 17 identified as a crucial date to watch by the analyst. Critical Support And Resistance Levels On the technical front, Key support levels are identified at the 50-week simple moving average (SMA) of $95,900 and the 200-week SMA at $52,300.  The daily chart reveals further technical insights, including a 200-day breakout point at $111,000 and a 200-day SMA at $101,000. CryptoBirb has identified local support between $107,700 and $108,700, while resistance sits at $113,000 to $114,100. Related Reading: XRP Price Could See 20% Bounce To $3.4 If This Trendline Holds Looking ahead, both short-term and long-term trading trailers are currently in a bearish mode. CryptoBirb asserts that if Bitcoin falls below the critical levels of $107,000 to $108,000, bearish sentiment could intensify, potentially leading to secondary corrections in the range of 20% to 30%.  Fortunately, cryptocurrency miners appear to be faring well, with the mining cost established at $95,400, suggesting a healthy market environment with minimal capitulation risk. Lastly, the analyst cautions against the potential for a market peak leading into the altcoin season in October and November. CryptoBirb suggests to mark calendars for October 22, as it could be a pivotal date in Bitcoin’s cycle. As of this writing, Bitcoin trades at $112,886, down nearly 11% from all-time high levels.  Featured image from DALL-E, chart from TradingView.com 

#news #bitcoin #fintech company

The crypto and stock markets opened on edge today, with traders waiting for the Federal Reserve’s next rate move. Bitcoin is holding near $110,776 after a rough week, while U.S. equities continue to swing between gains and losses. MicroStrategy’s S&P 500 Snub MicroStrategy (MSTR), the biggest corporate holder of Bitcoin under Michael Saylor, was widely …

#news

U.S. Senators introduced an updated draft of the market structure bill on Friday, aiming to bring more clarity to digital assets and cryptocurrencies. One of the most notable changes is that stocks and securities will not be treated as commodities if they are tokenized. The bill also excludes certain crypto activities, such as DePIN, staking, …

The US Senate has added a provision to its crypto bill confirming that tokenized stocks remain securities, preserving their fit within existing financial frameworks.

US spot Ether ETFs saw $787.6 million in net outflows over four days, while traders expect inflows to rebound if Ethereum’s price rally continues.

#news #crypto news

Robinhood, the popular trading platform, is all set to join the S&P 500, replacing Caesars Entertainment. Its stock jumped over 7% over the news.  Robinhood is a major player in the U.S markets which has transformed retail trading by cutting commissions and making investing easy through its app. This has attracted a new generation of …

#ethereum #crypto #binance #eth #digital asset #cryptocurrency #on-chain data #ethusdt #ethereum news #ethereum exchange supply #exchange data

After hitting its latest all-time high of $4,956 on August 23 on Binance, Ethereum (ETH) has been trading in a tight range – oscillating between $4,200 to $4,500 – giving little clues about its next potential direction. However, recent exchange data suggest that a supply crunch may be nearing for ETH. Ethereum Price Stable Amid Exchange Supply Decline According to a CryptoQuant Quicktake post by contributor Arab Chain, during the period between August 16 to September 3, Ethereum’s Binance Exchange Supply Ratio (ESR) saw a sharp decline. Related Reading: Ethereum’s Latest Rally Fueled By Large-Scale Binance Orders, Analyst Says Although ETH’s price has remained in the mid $4,000 range, its ESR tumbled from 0.041 to  0.037 – marking the biggest decline within the observed period – in a matter of just two weeks. It’s worth highlighting that ETH’s price has remained stable all this time, trading close to $4,400 at the end of the period. According to the CryptoQuant analyst, such price behavior can explain two things. First, it signals that investors are withdrawing from exchanges – including Binance – at an accelerated pace. Further, it also shows growing confidence among ETH holders as they opt for self-custody in cold wallets instead of keeping their holdings on exchanges. Arab Chain remarked that a combination of stable price, declining exchange supply, and healthy exchange-traded fund (ETF) inflows confirms that sellable supply is dwindling while the demand for the digital asset remains strong. They added: Declines in ESR have historically preceded strong upward moves, as lower exchange liquidity limits sellers’ ability to push prices down. The current ESR levels have fallen back to pre-June figures, suggesting that the market has effectively “flushed out” previous profit-taking activity and is now reaccumulating supply into long-term wallets. ETH Entering A New Bull Cycle? The analyst concluded by saying that if ETH’s ESR continues to fall without a corresponding decline in price, then it would mean that the market is entering a new, institutional investor-led bull cycle. Three metrics in particular support this prediction. Related Reading: Ethereum Sees Contract Boom In 2025, Setting Stage For $5,000 Rally The ETH market has seen a recent drop in leverage, meaning there are fewer traders with speculative positioning. Further, most perpetual futures markets show neutral funding rates for ETH contracts. Finally, the on-chain activity by ETH whales has also subsided, meaning long-term holders are not selling. Also worth noting is that the Ethereum blockchain’s fundamentals continue to improve. Latest data shows that as much as 36 million ETH has been staked on the ETH network, further raising the possibility of an ensuing supply shock. Recently, Ethereum daily transactions also hit a 12-month high. Amid these bullish developments, seasoned industry experts are not shying away from giving ambitious ETH price predictions. At press time, ETH trades at $4,295, down 1.7% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com

#price analysis

Ethena price is making one of its strongest comeback weeks in months. This is with the token rising 12.35% higher since the previous day to trade at $0.7351. On the weekly time frame, ENA price is up again 12%, while its market cap has held past $5 billion.  The immediate catalyst for ENA’s rally is …

#news #bitcoin

MARA Holdings has once again made headlines in the crypto mining sector, pushing its Bitcoin treasury to $5.9 billion. The company now controls 52,477 BTC, securing its spot as the second-largest public holder of Bitcoin after Michael Saylor’s Strategy. Despite a turbulent August where Bitcoin fell 6% from its highs, MARA doubled down on its …

#news

Bitcoin has been struggling to break past the $112,000 mark, leaving many investors frustrated. But according to Matt Hougan, Bitwise Chief Investment Officer, the story isn’t about Bitcoin’s weakness, it’s about powerful forces holding it back.  In a recent interview with CoinDesk, he boldly said, “Bitcoin should be at $200,000 by now. Once suppression is …

#news #bitcoin #price analysis #altcoins

Global markets ended the week with mixed signals after U.S. labor figures showed a sharp slowdown in hiring. Unemployment rose to its highest level since 2021, fueling speculation that the Federal Reserve may have no choice but to cut interest rates later this month. This uncertainty boosted safe-haven demand, with gold stealing the spotlight. Gold …

#dogecoin #doge #doge price #dogeusd

Dogecoin (DOGE) continues to show resilience as it holds above the critical $0.21 support level, a price zone that has repeatedly acted as a launchpad for bullish momentum. At the time of writing, DOGE trades at $0.216, up 0.34% in the last 24 hours. Related Reading: Safe Haven Split: Bitcoin-Gold Correlation Turns Negative For First Time In 6 Months Analysts highlight the emergence of a bullish cup-and-handle pattern with an initial target of $0.30, but the long-term projections are even more ambitious, pointing toward a potential 850% rally to $2 if momentum accelerates. A recent whale transfer of 900 million DOGE ($200 million) to Binance temporarily triggered selling pressure, but strong buying support quickly stabilized prices. This recovery is seen by many traders as a sign of institutional and retail. Technical Patterns Hint at Breakout Potential Dogecoin’s technical indicators paint a mixed but promising picture. The Relative Strength Index (RSI) sits at 47, suggesting neutral momentum and leaving room for an upward push. While DOGE trades below short-term moving averages (7, 20, and 50-day), it remains above its 200-day SMA at $0.20, a sign of long-term structural strength. The Moving Average Convergence Divergence (MACD) still shows mild bearish momentum, but signals of stabilization around $0.21 hint at a potential reversal. Meanwhile, Bollinger Bands indicate DOGE is trading near the lower range, with room to test $0.24 resistance. A confirmed breakout above $0.24 could unlock the path toward $0.30 and, eventually, higher levels if market sentiment improves. DOGE's price trends sideways on the daily chart. Source: DOGEUSD on Tradingview Analysts Eye $2 Dogecoin “Super Rally” September could prove decisive for DOGE. Crypto strategists believe the defense of $0.21 support may be the catalyst for a parabolic rally. If bullish momentum sustains, the cup-and-handle breakout pattern could evolve into a multi-stage rally, with $0.30 as the short-term target and $2 as the ultimate bull case scenario. Beyond technicals, regulatory optimism is adding fuel. With the U.S. SEC nearing decisions on crypto ETF approvals, including a potential Dogecoin ETF, analysts see institutional inflows as a major accelerant for future price action. Related Reading: First US Dogecoin ETF Could Debut Next Week—How Will It Impact Price? For traders, the $0.20–$0.21 range presents a favorable risk-reward setup with clear stop-loss levels. If DOGE holds the line, the meme coin may be preparing for its most significant breakout yet. Cover image from ChatGPT, DOGEUSD chart from Tradingview