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#bitcoin #btc price #bitcoin price #btc #btcusdt

The price of Bitcoin has struggled to capitalize on its recent bullish momentum, oscillating in and around the $116,000 level so far this weekend. This choppy price action has raised doubts about the flagship cryptocurrency’s potential to resume its bull run and reach a new all-time high price. A crypto expert on social media platform X has come forward with an interesting outlook for the Bitcoin price, stating that the market leader could be gearing up for its next explosive move. However, the on-chain analyst added that a certain condition must be met for BTC to resume its uptrend. A Break Above $118,000 Could Precede Price Explosion: Analyst In a September 13 post on X, Alphractal founder and CEO Joao Wedson revealed that the price of Bitcoin could be preparing for an extended rally over the next few weeks. The on-chain data expert shared that the premier cryptocurrency will need a convincing break above the $118,000 level to confirm the resumption of the bull run. Related Reading: Analyst Sets Bold $1,314 Target For Solana After Cup-And-Handle Breakout Wedson noted in his post that $117,000 is actually the price mark to watch out for, as it represents a zone of strong interest and indecision. Specifically, two on-chain indicators—the CVDD Channel and the Fibonacci-Adjusted Market Mean Price—have designated this price level as a point where the market is likely to slow down or form a local top. According to analytics platform Alphractal, the CVDD Channel is a metric that estimates historical price floors and risk zones based on the coin destruction data and Fibonacci envelopes. Meanwhile, the Fibonacci-Adjusted Market Mean Price combines the market mean price with Fibonacci bands to identify structural expansion and value zones. Wedson highlighted that both the CVDD Channel and the Fibonacci-Adjusted Market Mean Price have revealed “eerily accurate levels” of support and resistance throughout Bitcoin’s price history. Currently, these metrics are pointing to $117,000 as a level that could provide resistance to the upward movement of the Bitcoin price. In the end, Wedson concluded that this zone could be critical to the market leader’s next move to the upside. However, the Alphractal founder advised Bitcoin investors to wait for a clear, sustained breakout above $118,000 to confirm that bullish momentum is back. Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $115,905, reflecting no significant change in the past 24 hours. Related Reading: Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing? Featured image from iStock, chart from TradingView

#markets #news #bitcoin #inflation

CPI surprises to the upside while cracks widen in U.S. labor market; bitcoin climbs as the dollar weakens and bond yields fall.

Nakamoto CEO David Bailey says the digital asset treasury company “moniker itself is confusing," amid growing interest in balance sheet holdings beyond Bitcoin.

Pakistan has invited international crypto firms to apply for licenses under its regulatory authority PVARA, with strict criteria and global compliance standards.

#ethereum #bitcoin dominance #ethereum price #eth #altcoins #eth price #ethbtc #ethusd #ethusdt #ethereum news #eth news #cryptowzrd

In a recent post on X, crypto analyst CRYPTOWZRD shared a bullish daily technical outlook for Ethereum (ETH), highlighting a strong close that suggests further upward movement is likely. The analyst’s primary expectation is for more gains to follow as the ETH/BTC pair begins to surge. This key relationship is a central focus for the analyst, as a strong performance from Ethereum against BTC often signals a broader bullish period for ETH itself. ETH And ETHBTC Daily Candles Flash Strong Bullish Close Giving a detailed market update, CRYPTOWZRD highlighted that both Ethereum’s daily candle and the ETHBTC pair closed strongly bullish. ETHBTC’s surge occurred as Bitcoin’s dominance weakened, providing altcoins with room to build momentum. This shift marked a significant move for Ethereum, reflecting renewed strength in the broader market structure. Related Reading: Ethereum (ETH) On The Brink Of A Major Supply Crisis: What It Means For Investors According to his analysis, ETHBTC successfully broke out of its daily falling wedge pattern, a move that often signals the start of a bullish reversal. Ethereum mirrored this strength, pushing higher alongside the breakout, which further reinforced optimism among traders who have been watching closely for signs of sustained upside momentum. Examining key levels, CRYPTOWZRD highlighted that $5,000 remains the primary daily resistance for Ethereum. A decisive break above this threshold could ignite an impulsive rally, potentially driving ETH toward the $5,780 resistance zone or even higher. On the downside, $4,000 is seen as the critical daily support, providing a safety net for bulls should price action cool off in the short term. Despite the strong outlook, he noted that his primary focus will stay on the lower time frame chart formations for tomorrow, as these provide opportunities for quick scalps and short-term trades. However, with the weekend approaching, CRYPTOWZRD is maintaining a rational stance. Volatility Offers Both Risk And Opportunity In The Current Setup Crypto analyst CRYPTOWZRD has stated that the intraday chart for Ethereum is showing significant volatility, with more expected in the near term. This high level of fluctuation is something he is prepared for and is a normal part of the market as it searches for a new direction. Related Reading: Ethereum Bulls on the Back Foot – Can Momentum Return Soon? In the meantime, CRYPTOWZRD has outlined two potential scenarios. If BTC’s price pulls back toward the $4,500 level, it will then show a clear bullish reversal. Another scenario would be if Ethereum holds strong and breaks above the $4,765 resistance, it would signal a new upward leg. Ultimately, the analyst advises exercising patience and waiting for the market to present a clear, healthy trade setup. This cautious approach acknowledges the current volatility, and the market’s next move will dictate the next best opportunity. Featured image from iStock, chart from Tradingview.com

#news #crypto news

Crypto analysts are increasingly confident that the altcoin season has arrived. Two long-awaited factors are finally aligning: regulatory clarity in the United States and fresh liquidity from expected Federal Reserve rate cuts.  BNB recently overtook Solana (SOL) to secure the fifth spot in global market capitalization rankings. However, some experts argue that BNB’s strength is …

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

The long-awaited Rex-Osprey spot XRP ETF will debut on September 18, 2025, after the U.S. Securities and Exchange Commission (SEC) delayed its original launch by six days. This will be the first time an XRP-linked exchange-traded fund trades in the United States under the Investment Company Act of 1940. Unlike futures-based products, the Rex-Osprey ETF …

Wall Street veteran Jordi Visser says Bitcoin allocations in traditional finance portfolios "will go higher" next year.

#crypto #dogecoin #memecoin #doge #altcoins #crypto market #cryptocurrency #crypto news #cryptocurrency market news #dogeusd

Dogecoin’s price action over the past week has seen it trending upwards. This movement has seen the meme cryptocurrency make a push towards the upper end of a consolidation range in the daily candlestick timeframe chart.  A recent analysis shared on TradingView by The_Alchemist_Trader points to a possible shift in momentum, as Dogecoin is retesting its point of control with a bullish reaction that might push it to $0.35 in the short term and as high as $0.6 in the long term.  Related Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back Dogecoin Retesting Point Of Control According to the analysis, Dogecoin is currently testing its point of control, a high-volume resistance area that has defined much of its trading structure in recent months. This price action goes as far back as February with well-defined upper and lower trendlines.  Interestingly, price action volume in the past 48 hours shows that buyers are stepping in aggressively at the mid-level of this range, which is around $0.25. This is very important, and a daily close above the point of control with strong volume would translate from range-bound movement to a defined upward rally. This bullish reaction comes after Dogecoin bounced at $0.2 last week, a move that created a solid foundation for another leg upward. Now, according to the analyst, the next thing is for Dogecoin to make a close basis above its point of control resistance.  Roadmap To $0.35 Through Fibonacci Levels Fibonacci extension levels have served as reliable indicators of profit-taking and continuation levels for Dogecoin in the current cycles. As such, many analysts are fond of pointing to price targets at notable Fib levels.  In this case, the analyst noted that a successful breakout above the point of control at $0.25 opens the path toward the 0.618 Fibonacci retracement level. This level, which is positioned around $0.35, stands out as the primary upside target in the current setup.  The chart below shows a projected rally pattern for this breakout with a clear roadmap drawn to the 0.618 Fibonacci extension level. This also includes extensions to the $0.36 price level at the 0.66 Fib extension and the $0.4 price level at the 0.786 Fib extension if the momentum continues. A move toward $0.35 would represent not just a technical price target but also a strong confirmation that Dogecoin has reestablished bullish dominance above its consolidation range since February. From here, Dogecoin could start holding up above $0.3 again.  Related Reading: ETF Dreams For Dogecoin: Serious Possibility Or Just Hype? Dogecoin’s short-term movement is now tilted to the upside, provided the price continues to close above the point of control with strong participation from buyers. Volume is the most important thing here, as a breakout without sufficient backing could result in a false move and cause Dogecoin to return to range trading. At the time of writing, Dogecoin is about to break above the upper trendline of its multi-month range. Dogecoin is currently trading at $0.2874, up by 12.6% and 33% in the past 24 hours and seven days, respectively. Featured image from Pixabay, chart from TradingView

#bitcoin #btc price #bitcoin price #btc #bitcoin news #btcusd #btcusdt #btc news #alpha crypto signal #crypto vip signal

Bitcoin (BTC) has reached a critical turning point, successfully flipping a key horizontal support zone that previously acted as resistance. With momentum now building, the focus has shifted to the next major test: the $117,000 resistance level. A decisive move above this threshold would not only confirm the continuation of the current rally but also set the stage for a potential run toward new highs. Daily Support Flip Confirms Bullish Control Alpha Crypto Signal, in a recent market update, pointed out that BTC is showing renewed strength on the daily timeframe. The leading cryptocurrency successfully flipped a key horizontal zone into support, a move that highlights growing buyer dominance in the market. This structural shift is seen as a positive development for bulls, laying the groundwork for further upside momentum. Related Reading: Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible? With buyers firmly in control, Bitcoin’s price action is now being driven higher toward the previous swing high near $117,000. This level has emerged as the next significant hurdle for bulls, acting as a critical area where market sentiment could either extend the rally or spark profit-taking.  The analysis further noted that if Bitcoin manages to push above $117,000, the level itself could turn into an attractive area for potential short setups. However, such a strategy carries risks, as the invalidation point would be a decisive breakout above BTC’s all-time high.  Until then, $117,000 stands out as the key level of interest for market participants. How Bitcoin reacts in this zone will determine whether it consolidates, faces rejection, or surges higher. For traders, this level offers a critical point to evaluate possible entries, exits, and positioning as the next major move takes shape. Bitcoin Struggles To Secure A Hold Above $116,000 According to a recent post by Crypto VIP Signal, Bitcoin is continuing its upward trajectory. However, the cryptocurrency has not yet been able to firmly hold above the $116,000 level, which suggests that while the overall trend is bullish, buyers have yet to fully overcome this significant hurdle. Related Reading: Bitcoin Price Recovery Hopes Rise – Can Bulls Push It Past Resistance? Crypto VIP Signal’s analysis notes that the entire market is looking positive, but a temporary slowdown can be expected. This is primarily attributed to a decline in trading volume, which is a common occurrence on weekends as activity from institutional traders and large investors often lessens. Given these conditions, Crypto VIP Signal predicts that Bitcoin will likely experience a period of sideways movement. The consolidation phase would allow the market to digest recent gains and build the necessary momentum to attempt another push past the $116,000 resistance. Featured image from Pixabay, chart from Tradingview.com

#bitcoin #btc price #crypto #btc #crypto market #cryptocurrency #bitcoin news #btcusd #crypto news #bitcoin chart

Despite experiencing a significant plunge from ATH levels earlier last month, the Bitcoin price continues to test crucial levels that could shape the trajectory of its next move. A fresh analysis from crypto market expert Casitrades suggests that the coming days could define whether the broader market will face a macro correction or extend its bullish momentum. For now, Fibonacci zones, Elliott Wave structures, and Relative Strength Index (RSI) behaviour align to build a critical narrative around BTC’s price direction.  Possible Scenarios For Bitcoin Price Macro Correction  On Friday, Casitrades explained in an X social media post that Bitcoin’s recent price surge has tested the 0.5 Fibonacci retracement level around  $116,000, an important milestone in the recovery phase. Interestingly, despite this sudden push higher, the RSI highlighted on the price chart is yet to show the exhaustion one would typically expect at a major top. This suggests buyers may still have room to drive prices further upward before hitting a ceiling.  Notably, the analyst pointed out $118,000 as the next critical level to watch, noting that it coincides with the 0.618 Fibonacci retracement and the 1.236 C-wave target within the developing Wave 2 structure. Casitrades has described this area as a decisive confluence point. A sharp rejection here could confirm that Bitcoin’s bull run has officially ended, reinforcing the theory that the cryptocurrency remains locked in a Wave 2 macro correction phase.  On the other hand, the analyst noted that forming a top around the decisive confluence point would confirm that BTC is not ready to challenge or break into new all-time highs and could instead retrace deeper. As the chart illustrates, potential downside targets lie well below Bitcoin’s current price levels above $115,800, hinting that a failure at $118,000 could lead to a steeper correction that might drag the cryptocurrency back into the $110,000 – $106,000 zone in the near term.  $122,000 Marks Final Test For Macro Correction While $118,000 remains the first line of resistance for Bitcoin, Casitrades highlighted that the cryptocurrency could extend its rally higher into the $120,000 – $122,000 zone if momentum persists. This level is viewed as the final test that will decide whether the macro correction holds or fails. It aligns with the 0.786 Fibonacci retracement, making it an even more formidable resistance area.  The expectation is that if Bitcoin’s RSI shows signs of exhaustion and the cryptocurrency faces strong rejection in this region, the correction could be swift and significant. In this scenario, Bitcoin would set up for a macro downturn, confirming the theory that the rally from recent lows has merely been a corrective leg.  Related Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back The projected correction could then reset the broader structure, allowing for healthier long-term price action. However, if Bitcoin manages to break through $122,000 convincingly, Casitrades notes that it would invalidate the macro correction narrative altogether and potentially send it to price levels between $122,000 – $124,000.  Featured image from Unsplash, chart from TradingView

The privacy roadmap included adding features for private transactions and decentralized identity solutions across Ethereum's tech stack.

#bitcoin #crypto #ripple #xrp #altcoin #altcoins #crypto market #xrp price #cryptocurrency #crypto news #xrpusd

Many crypto analysts and investors are very bullish on XRP, providing lofty price targets. However, Austin Hilton, a popular crypto commentator, has declared that investors are not bullish enough on XRP, while also admitting that he too had underestimated the token’s true potential. His latest outlook is that XRP’s price upside is far greater than most expect, and this realization comes from examining where Bitcoin could be in the coming years. Related Reading: ETF Dreams For Dogecoin: Serious Possibility Or Just Hype? Bitcoin’s Billion-Dollar Forecast And What It Means For XRP XRP price predictions have mostly always been anchored on discussions and expectations of adoption by banks in cross-border settlement. However, according to Austin Hilton, all these catalysts could be left aside, and XRP’s price could surge massively in the years ahead, especially if Bitcoin fulfills lofty projections.  According to the pundit, the scale of the crypto opportunity in the coming decades is so immense that current investors are not bullish enough and accumulating enough XRP. He referenced a circulating forecast that predicted that Bitcoin could reach as high as $1 billion per coin by 2038, a figure championed by high-profile names such as Michael Saylor. This prediction stunned him, as the highest long-term projections he had seen had put the Bitcoin price at $13 million. Bringing the conversation back to XRP, he noted that if this projected Bitcoin rally pushes the entire market upward, as it has always done, then XRP’s value could rise even more in relative terms. Therefore, XRP has the room to act as a multiplier in comparison to Bitcoin’s moves because of its smaller market cap. The Roadmap To Double And Triple-Digit XRP As noted by Hilton, the $1 billion projection is very speculative, adding that “that absolutely floored me and blew me away.” However, the analyst also pointed out that even shorter-term moves in Bitcoin could have an outsized impact on XRP.  For instance, he predicted that the XRP price will surge to between $15 and $20 if Bitcoin were to reach $200,000 by the end of the year. Furthermore, he added that XRP’s price could realistically climb to triple digits if Bitcoin advances to the $1 million price level in the coming years. In this case, the analyst estimated a potential of at least $100 per coin. Interestingly, these price targets do not even account for catalysts within XRP’s own ecosystem, such as Ripple’s cross-border payment network, acquisitions, and growing adoption among banks. XRP’s upside could be even greater when these factors are factored in. Related Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back The pundit’s bottom line was that XRP holders need to raise their level of conviction. Bitcoin currently makes up around 60% of the entire crypto market, meaning that any explosive growth in its value is almost certain to lift other large market cap cryptocurrencies. XRP has a smaller cap than Bitcoin, so it could post even stronger relative gains in such an environment. At the time of writing, XRP is trading at $3.14, up by 2.9% in the past 24 hours. Featured image from Unsplash, chart from TradingView

#security #exploits #shibarium #crypto ecosystems

Shiba Inu developers offered a bounty to the attacker in exchange for the return of the funds, as investigations into the incident continue.

US dollar-pegged Stablecoins have become commoditized, diminishing the need for individual price tickers from the viewpoint of crypto users.

#ethereum #ethereum price #eth price #ethusdt

The latest on-chain data shows that the second-largest cryptocurrency by market capitalization, Ethereum, may be currently undervalued. Having witnessed a strong resurgence in the past week, the altcoin could be on the verge of an extended rally over the next few weeks. Ethereum’s NVT Ratio Hits New Record Low  In a Quicktake post on the CryptoQuant platform, crypto analyst CryptoOnchain reported that there has been a disproportionate increase in transaction volume concerning ETH compared to its market capitalization. The relevant indicator here is the Ethereum NVT (Network Value to Transactions ratio) (30-day SMA), which measures the ratio of Ethereum’s market capitalization to its daily transaction volume over the span of 30 days.  Related Reading: XRP Exchange Reserves Balloon 1.2 Billion In One Day, Why This Is Bearish For Price CryptoOnchain revealed that the 30-day moving average NVT recently hit its lowest point ever recorded. As explained by the on-chain analyst, this could suggest two things: firstly, that the Ethereum token is undervalued. For context, a low NVT reflects very high transaction volume compared to a relatively low market capitalization. What this means is that the Ethereum network is being heavily used, but the price isn’t showing its worth as much as its usage suggests. Following this logic, one could conclude the market is currently undervaluing Ethereum’s utility. The second indication from the historically low NVT is that the increase in transaction volume could be due to “temporary factors such as DeFi, NFT events, or large capital movements.” According to the analyst, these temporary factors do not necessarily mean sustainable growth for the ETH price. What To Expect CryptoOnchain cited historical occurrences to explain the typical case where an NVT bottom is a result of market undervaluation. In this case, it has been observed that sharp NVT bottoms precede bullish phases. However, in what was a caveat, the online pundit mentioned that there have been cases where very low NVT levels were accompanied by further price declines.  Seeing that the Ethereum NVT is not just at a mere low level, but at its all-time low, it seems more likely that the market is undervaluing the token’s worth. It is therefore not out of the question to expect a more upward swing in the price of the cryptocurrency.  Related Reading: Ethereum To $6,800 By Year End? CME Futures Data Shows Record Institutional Demand Nevertheless, with the possibility that a bullish phase might not necessarily follow in mind, investors might want to tread cautiously. As of this writing, the Ethereum token is valued at approximately $4,670, reflecting an over 4% price increase in the past 24 hours. Featured image from Shutterstock, chart from TradingView

#ethereum #crypto ecosystems #layer 1s #ethereum-foundation #pse

The Ethereum Foundation's PSE team outlined a roadmap for making private transactions on Ethereum as ubiquitous and cheap as public ones.

#bitcoin #crypto #gold #debt #macro #lyn alden #tariffs #federal debt #u.s. debt

The United States is sitting atop a fiscal precipice. With the total U.S. debt surpassing $37.43 trillion as of September 2025, the nation faces a historic reality. Nearly one-quarter of every tax dollar it collects is consumed by servicing the interest payments on its debt burden. The relentless march of U.S. debt According to monthly […]
The post 23 cents of every tax dollar goes to pay interest on U.S. debt appeared first on CryptoSlate.

#dogecoin #meme coins #doge #altcoin #altcoins #crypto market #cryptocurrency #crypto news

Dogecoin’s recent move has put traders on edge and split opinion across markets. Prices leapt this week as news and big trade flows pushed the token higher, creating a fresh round of buy-or-hold debates on trading desks and crypto chat rooms. Related Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back ETF Launch Faces New Delay Based on reports, the eagerly watched US DOGE ETF has been pushed back again, with the earliest new listing window now sliding toward September 18. That postponement briefly dented hopes of immediate ETF access, but it did not stop demand from rising. Some market participants treated the delay as a pause, while others used it to enter positions ahead of any eventual listing. Price Rally Accelerates Momentum Meanwhile, Dogecoin price is up 15% in the last 24 hours, and 38% in the last week. Traders moved the token above recent swing levels, with on-screen quotes clustered in the mid-$0.20s to $0.30s. Volume rose alongside the gains. Quick gains like these tend to attract short-term players and cause order books to thin out, which in turn can make price jumps larger and pullbacks sharper. Institutional Bets Back Dogecoin Reports have disclosed that a corporate plan has added fuel to the rally. CleanCore Solutions announced a Dogecoin treasury effort backed by roughly $175 million in private capital, and reports name high-profile figures among those expected to take board roles. The company says it intends to hold DOGE as a reserve asset, and talk of large buys tied to that plan helped lift sentiment among some investors. What The Price Action Shows Short-term charts look overheated to some and promising to others. Momentum indicators are positive, and a pattern that some chart watchers call a pennant has formed on intraday charts. Related Reading: ETF Dreams For Dogecoin: Serious Possibility Or Just Hype? At the same time, resistance remains above current levels and quick reversals are possible. On-chain flows, futures open interest, and large wallet moves will be key in the coming days because they can flip a green session into a sharp drop if liquidations hit. Dogecoin’s jump this week is driven by a mix of headline buying and reported institutional interest. Reports show a 9% gain in 24 hours and 32% over the week, which is strong but not guaranteed to continue. For some, the setup still looks like a buy on dips. For others, the rally is already too hot to chase without clear entry rules. Volatility is likely to stay high while the ETF story and institutional moves play out. Featured image from Meta, chart from TradingView

#markets #news #federal reserve #crypto #gold #equities

Markets brace for a widely expected Fed rate cut on Sept. 17, with history suggesting near-term turbulence but longer-term gains for risk assets and gold.

#opinion #layer 2 #robinhood #ey

According to EY’s Global Blockchain Leader Paul Brody, only companies that can aggregate significant transaction volume into the network, and whose customers can't make their own direct connection to Ethereum, would benefit from creating their own layer 2.

The 24/7 nature of onchain markets makes spot crypto collateral preferable to lenders than crypto held in investment vehicles like ETFs.

#defi #dexs #crypto ecosystems #derive.xyz

Derive co-founder Nick Forster argues the token mint is necessary for the onchain exchange to compete with industry leader Deribit.

DOGE’s price technicals and on-chain data suggest the bull market is not finished, strengthening the case for a move toward $0.60.

#federal reserve #interest rates #market #peter schiff #macro #rate cut

If you’re following the markets, you’ll know the Federal Reserve is poised to cut interest rates next week to stimulate a lagging economy. While most crypto traders are jumping for joy at the thought of fresh liquidity entering the system, not everybody’s happy. The upcoming rate cut, according to some, could have a catastrophic effect […]
The post Is the Fed’s upcoming rate cut a ‘huge mistake’? appeared first on CryptoSlate.

#aave #ali martinez #aaveusdt #aave price

After hovering around the $300 mark at the start of this week, the Aave price appears to have finally broken out of its consolidatory pattern. On Friday, September 12, the DeFi token made a brief return to the $320 level on the back of a general market surge. The strong momentum of the Aave price movement suggests that the altcoin’s return to $320 might not be a random occurrence. An interesting convergence of an optimistic technical outlook and positive on-chain data paints a picture of what is next for the AAVE token. What Does This Positive Divergence Mean For Aave? In a Quicktake post on the CryptoQuant platform, CryptoOnchain shared an interesting on-chain insight into the journey of the Aave price from around $130 in late 2024 to above $340 in the year. According to the crypto analyst, Aave’s Market Cap to Total Value Locked (TVL) ratio concurrently dropped to a two-year low as price rose to the 2025 high. Related Reading: Chainlink And Polymarket Forge New Alliance: LINK Forecasted To Outperform XRP By 2030 The MC/TVL ratio, as the name suggests, is an on-chain metric that compares a token’s market capitalization and the total value locked on its underlying protocol. CryptoOnchain noted that this indicator typically surges in tandem with price, except when the TVL metric grows at a rate faster than the market capitalization. However, the latest drop of the MC/TVL ratio to its lowest level in two years—as price grew—represents a positive divergence, which is likely driven by substantial capital inflows into Aave’s contracts. According to CryptoOnchain, this significant inflow of capital boosts the TVL without the market cap fully reflecting it. The crypto analyst attributed this situation to relative undervaluation—provided that the TVL growth is sustainable and not due to short-term yield farming activities. Overall, this positive divergence could be a bullish catalyst for both the AAVE price and the protocol’s fundamentals. Is $335 The Next Stop For AAVE Price?  In a separate analysis on social media platform X, crypto analyst Ali Martinez set a target of $335 for the AAVE price. This positive prediction is based on its recent breakout of a falling wedge on the four-hour chart. The falling wedge, which is characterized by two converging downward trendlines, is often seen as a bullish formation. After falling into this pattern towards the end of August, the price of Aave has finally broken out of the falling wedge. According to Martinez, the AAVE price could travel to as high as $335 in its next leg up. This move would represent an over 5% move from the current price point. As of this writing, the price of Aave stands at around $318.5, reflecting an almost 4% jump in the past 24 hours. Related Reading: Expert Crypto Trader Says Dogecoin Price Looks ‘Very Good’, Here’s Why Featured image from Binance Academy, chart from TradingView

#markets #news #bitcoin #altcoins #memecoins

Bitcoin's market share has dropped 3.5% in the past month, with indexes tracking it against altcoins entering "Altseason" territory.

#markets #news #ton #treasury #toncoin

The company has also begun staking its TON holdings, which total 217.5 million tokens, to earn rewards and generate yield.

#dogecoin #doge #altcoins #dogeusd #dogeusdt #ali martinez #ascending channel

Amidst a bullish crypto market, Dogecoin (DOGE) prices have surged by nearly 7% in the last day, crossing the $0.280 price margin. Interestingly, prominent market analyst Ali Martinez is tipping the altcoin for much larger gains ahead after stating the market presently remains in a “Buy Zone”.  Related Reading: Dogecoin Breaks Out, Eyes Historic Surge Between $0.41–$0.97 – What To Expect Chart Signals Dogecoin Ready For Next Parabolic Rally On Friday, Ali Martinez shared on X that Dogecoin has re-entered what is a major “buy zone,” with technical patterns suggesting the popular meme coin is on the verge of a sharp breakout. A long-term ascending channel chart, shared by Martinez, highlights how DOGE has consistently bounced from a rising support band, each time triggering parabolic rallies that stunned the market. Notably, these dramatic price surges were seen in 2017, 2021, and again in 2023–2024. For instance, the 2017 breakout saw DOGE soar by more than 9,400%, while the 2021 move produced an even more staggering 13,000% rally, propelling prices above $0.70. More recently, the bounce from the lower channel in late 2023 fueled a more modest but still impressive 240% gain. Currently, Dogecoin sits around $0.28, hugging the lower support band once again. This positioning suggests that, according to the historical trend, DOGE is in a favorable accumulation zone, potentially setting up for its next major upward move. With broader crypto markets stabilizing and altcoins regaining momentum, Dogecoin could once again leverage its historic cyclical behavior to produce another massive price surge. Notably, a sustained breakout above $0.340, the most recent local high, would be the first confirmation of renewed bullish momentum. From there, the growth channel suggests upside targets could extend well beyond $1. However, Dogecoin could also remain in consolidation if Bitcoin dominance rises or perhaps the current capital flowing into altcoins thins out. But the repeating chart structure adds weight to the view that DOGE is closer to the beginning, not the end, of its bullish phase. Related Reading: Bitcoin Price Flashes ‘Rarest Signal’ Ever, Is A 100% Rally Possible? Dogecoin Market Outlook At press time, Dogecoin continues to trade at $0.281 as earlier stated, following gains of 6.75% in the past 24 hours. Meanwhile, the asset’s trading volume is up by 14.63% and valued at 4.76 billion. On higher timeframes, the price trend remains firmly positive as DOGE is up 28.28% on the weekly chart and 12.67% over the past month, underscoring sustained momentum beyond the short-term rally. Interestingly, Coincodex analysts are also presenting a bullish DOGE case, albeit from a conservative angle, projecting a $0.31 price valuation in the next month. Featured image from Reuters, chart from Tradingview

#bitcoin #crypto #s&p 500 #wall street #equities #macro #jobs report

Financial markets keep rallying, but a look beneath the surface paints a much riskier picture for the months ahead. Many investors now warn that Wall Street is ignoring growing cracks in the U.S. job market and real economy, a disconnect that has led to major trouble before. Why Wall Street is so out of step […]
The post Why Wall Street is ‘out of step’ with the real economy appeared first on CryptoSlate.