DeFi project WLFI said its onchain blacklisting efforts have thwarted theft attempts stemming from compromised end-users.
Analysts say ether treasury holdings now approach 4% of supply and could climb to 6–10% by year-end, even as volatility cools and ETF flows turn choppy.
Ethereum price has seen a lot of decline after hitting an all-time high above $4,900. This move saw the bears push the price back, resisting the campaign to hit $5,000. So far, the bears have remained in control, and it seems that this will be the case for a while, with technicals pointing toward a possible 10% crash that would send the price toward $4,000 again. Why Ethereum Price Is At Risk In an update to a previous analysis, Klejdi Cuni has forecasted a further decline for the Ethereum price, with bearish indicators being more prominent. The previous prediction, shared over the weekend, pointed out that the Ethereum price had been breaking down from a bearish triangle pattern. This had suggested a further move toward the $4,300 territory. Related Reading: Is XRP A Meme Coin? Analyst Reveals How Whales Are Playing The Game True to the forecast, the Ethereum price did indeed fall back, breaking below $4,300 briefly before bouncing again. This comes after the price broke down below the support at $4,490, putting the bears in charge of the Ethereum price once again. With the first part of the forecast fulfilled, then ETH could play out the full prediction from here. The crypto analyst had previously revealed that he expected the Ethereum price to suffer further drops; first to $4,335, then to $4,215, before finally landing at $4,081. This prediction was reiterated in the updated analysis, showing where the price could be headed next. Next on the list for the cryptocurrency is to test the resistance zone around $4,500. This has previously been a level at which the price was beaten back down, suggesting that a similar trend could play out. If the price does get rejected here, then it could signal a continuation of the bearish trend. Related Reading: Shiba Inu Active Addresses Crash Over 50% In 3 Months, What About SHIB Price? The analysis also ties in the performance of the Bitcoin price, which has continued to drive the entire market. So far, the Ethereum price has performed better during the recent market crash. However, if the Bitcoin price were to continue its decline, then the Ethereum price is likely to follow in the same direction. Add in the fact that the situation around the US dollar remains unclear, and the analyst sees a lot of risk during this time. There is also the possibility of the Ethereum price turning toward the positive once again. This has to do with the resistance at $4,650, serving as a make-or-break level. If the price is rejected from here, then it could mean more declines. However, if ETH bulls are able to reclaim it with strength, then it could serve as a bounce-off point for the next rally. Featured image from Dall.E, chart from TradingView.com
Ripple is stepping up its game in digital finance, positioning Ripple Custody as the go-to platform for banks and institutions preparing for a tokenized future. With crypto assets under custody projected to hit $16 trillion by 2030, Ripple is making it clear that secure custody is the backbone of digital asset adoption. Custody Takes Center …
Euro-denominated Bitcoin company Treasury raised initial funding to launch with a starting balance of 1,000 BTC.
The DeFi lender paused withdrawals and liquidations after a malicious contract update drained tens of millions.
KuCoin’s new cloud-mining platform is aiming to control 10% of Dogecoin mining capacity, while offering investors new opportunities to invest in hashrate.
Ethereum’s Fusaka upgrade arrives in November 2025, quietly boosting scalability and network resilience without changing smart contracts
Bitcoin adds to its downtrend reversal signals with a daily close beyond a key trend line, but not everyone is convinced that bulls are safe.
World Liberty Financial (WLFI), the crypto project linked to President Donald Trump, has permanently removed 47 million WLFI tokens worth over $11 million from circulation. In a Sept. 2 post on X, the project explained that the burn represents the first major step in implementing its proposed buyback-and-burn governance strategy, which is designed to strengthen […]
The post Eric Trump praises WLFI’s succesful token launch as project burns 47 million tokens appeared first on CryptoSlate.
The Gemini co-founders are supporting Netherlands-based Treasury BV as it pursues a reverse listing on Euronext Amsterdam to become Europe’s leading bitcoin treasury company.
Bitcoin (BTC) has seen a 4% bounce from the lows to retest a crucial resistance level, which could determine whether a breakout or a breakdown is next. Meanwhile, an analyst suggested that BTC’s final leg up and cycle peak could come in the coming weeks. Related Reading: No Ethereum Rally Until Q4? Analyst Eyes Choppy September Before New Highs Bitcoin Key Attempts Key Level Reclaim Following its recent drop, Bitcoin is now attempting to break out of its local range high and reclaim the $111,000 zone as support. As September started, the flagship crypto retested the $107,000 range low before bouncing 4% to the local upper boundary. Analyst Ali Martinez noted that BTC has been trading in a descending channel on the 4-hour chart for the past two weeks. The cryptocurrency retested the pattern’s upper boundary, around $110,700, breaking above this area on Tuesday morning. To the market watcher, Bitcoin needs to close above $110,700 for a meaningful rebound, as a confirmed breakout above this level could set the stage for a retest of $113,500. On the contrary, failing to reclaim this resistance will likely reinforce bearish momentum and deepen the correction, the analyst warned, adding that “the SuperTrend indicator also aligns with this zone, maintaining a bearish posture at $110,700.” Meanwhile, Sjuul from AltCryptoGems suggested that Bitcoin is attempting to replicate the same playbook of the recent significant pumps. According to the chart, the flagship crypto has entered a corrective period following a new all-time high (ATH), displaying a falling wedge pattern before breaking out again. Based on this, the $108,000 level is a key area for the bulls as it serves as a crucial bounce point. Holding this level would “confirm BTC’s strength on the higher timeframe, showcasing a formidable price action with resistance flipping and retesting.” To Sjuul, Bitcoin is at a “critical juncture to keep playing the same tune,” and failing to maintain it would increase the risks of a bigger correction to the $98,000 level, where the Weekly EMA50 sits. BTC To Peak In Coming Weeks? Rekt Capital gave a higher timeframe perspective for the flagship crypto, highlighting that BTC has shown mixed signals after failing to close the week above the $109,000 level. This level previously served as the final weekly resistance before new ATHs, which suggests it could be the first technical signal of a bearish confirmation. Nonetheless, he asserted that while the weekly timeframe is “showing early signs of weakness, the Monthly chart tells a different story.” Notably, Bitcoin has held its Macro Range of $107,200-$116,000. Additionally, monthly candles have produced long downside wicks throughout the cycle, with deep retests often occurring before trend continuation. This suggests that the broader market structure remains intact despite weekly pressure. As this week progresses, the cryptocurrency could see heightened volatility, tapping the $104,000 on a wick. He stated that “If the Weekly timeframe confirms rejection from $107k and progresses bearish confirmation, that could be the trigger for such a Monthly wick.” In this case, “then the goal for price would be to then resynchronize with the Monthly Range before the Monthly Close is in” to maintain the macro structure and set the stage for one last leg up. Related Reading: Ethereum Demand Spikes As Whales Add 260K ETH In 24 Hours The analyst also noted that the previous bull market lasted about 152 weeks, while this one is already 145 weeks into it. This could signal that there are only around seven weeks left if the current bull market were to repeat its previous performance. “If Bitcoin is going to peak in its Bull Market in mid-September/mid-October 2025 as per historical Halving cycles… That’s either two weeks away or 1.5 months away,” the analyst concluded. Featured Image from Unsplash.com, Chart from TradingView.com
The ETH treasury space is expanding rapidly as more companies add Ether to their balance sheets. For some, this is a bet on the future of blockchain. But for others, it is a chance to chase quick profits. Sharplink Gaming co-CEO Joseph Chalom has issued a warning that companies treating Ether as a quick-yield machine …
Yunfeng Financial Group Limited, a Hong Kong-listed company co-founded by Alibaba’s Jack Ma, has confirmed its Ethereum acquisition. The purchase of 10,000 ETH, valued at least $44 million, is a part of the company’s broader strategy to expand its Web3 technology. Yunfeng To Diversify Assets With $44 Million in ETH The purchase was carried out …
The Ethereum Foundation has ignited a heated discussion within the crypto community after announcing its intention to sell approximately 10,000 ETH through centralized exchanges. On Sept. 2, the Ethereum Foundation issued a transparency notice outlining its plan to convert 10,000 ETH over several weeks. The foundation stated that proceeds from these sales would support critical […]
The post Ethereum Foundation’s 10,000 ETH sale sparks debate over funding methods appeared first on CryptoSlate.
The company boosted the yield on the perpetual preferred stock to try and edge STRC toward $100 target.
OSL HK has launched BNB trading services for professional investors, becoming the first Hong Kong exchange to support BNB. The platform now offers three trading pairs: BNB/USD, BNB/USDT, and BNB/USDC. This launch aims to meet institutional demand for quality digital assets and reflects OSL HK’s strategic diversification. The move positions OSL as a leader in …
Crypto exchange OKX was fined $2.6 million by the Dutch National Bank for offering cryptocurrency services in the Netherlands without registering with the regulator. The fine covers the period from July 2023 to August 2024, before new EU regulations came into effect. OKX stated the issue was resolved, with affected users migrated to their licensed …
Spot Bitcoin ETFs attracted over $333 million in net inflows on Tuesday, outshining Ethereum ETFs that saw $135 million in outflows amid renewed market caution.
KuCoin has signed a strategic Memorandum of Understanding (MoU) with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix to accelerate blockchain infrastructure and digital asset growth in Vietnam. KuCoin will provide advanced technology, 1Matrix will manage local resources, and VBA will handle policy advocacy and standardization. Together, they aim to support Vietnam’s 2025-2030 …
Bitcoin (BTC) has experienced a significant correction this week, retracing over 10% from its all-time highs above $124,000. Despite this downturn, many remain optimistic about the cryptocurrency’s potential for further gains in the coming months. David Bailey, CEO of Bitcoin Magazine and a crypto advisor to President Donald Trump, has attributed the recent price fluctuations to the activities of large investors, commonly referred to as “whales.” Bitcoin Sell-Off Triggered By Whales? In a recent social media post on X (formerly known as Twitter), Bailey pointed out that two prominent whales are responsible for the recent sell-off, having reportedly liquidated 80,000 and 120,000 BTC, respectively. Interestingly, NewsBTC reported last week that despite record inflows into Bitcoin exchange-traded funds (ETFs) and growing interest from public companies, Binance may be one of these whales orchestrating the sell-off. DeFitracer suggested that Binance might be utilizing a market maker, Wintermute, to strategically execute trades, thereby creating a bearish trend that retail investors might follow. This strategy could allow Binance to profit from liquidations in the futures market. Related Reading: Ethereum Price Stuck In ‘Loading Phase’, What This Means For The Campaign For $5,000 Adding another layer to the current market dynamics, data analysis firm Arkham recently disclosed that a whale with over $5 billion in Bitcoin has begun purchasing Ethereum (ETH), moving $1.1 billion worth of BTC to a new wallet to facilitate these transactions. Although Bailey did not disclose the identities of the whales involved, he indicated that one is already “down,” while the other is halfway to a similar fate. This could suggest that once these sell-offs conclude, the Bitcoin price could regain its momentum, potentially reaching Bailey’s target of $150,000 per coin, which would signify a substantial 36% increase from current price levels. Public Companies Now Hold Over 6% Of BTC’s Supply In addition to the alleged whale activity that has suppressed Bitcoin’s uptrend, the growing involvement of publicly traded companies in the cryptocurrency market is impacting its price stability. According to JPMorgan global market strategist Nikolaos Panigirtzoglou, corporate treasuries now hold over 6% of Bitcoin’s total supply, acting as a form of private sector quantitative easing for the crypto markets. The analyst noted that the surge in Bitcoin purchases by corporate treasuries has led to a decrease in the cryptocurrency’s volatility, which could ultimately make the asset more appealing to investors. Related Reading: WLFI Slides 15% After Launch As Trump Token Team Eyes Burn Strategy Panigirtzoglou highlighted that in July alone, public companies like Strategy (previously MicroStrategy), accounted for nearly two-thirds of Bitcoin purchases among major buyers, including exchange-traded funds and government entities. He suggests that this influx of institutional investment may reshape the landscape of Bitcoin ownership and trading, as reduced volatility can enhance BTC’s attractiveness as an investment alternative, particularly in comparison to gold. As of this writing, the leading cryptocurrency is trading at $110,900. This represents a slight 2% surge in the last 24 hours and a 90% increase year-to-date. Featured image from DALL-E, chart from TradingView.com
Bitcoin Cash price has seen a strong uptrend, climbing to $595.30 with a 4.53% gain in 24 hours, while maintaining a 6.99% surge over the past week. This move lifted its market cap by 4.57% to $11.86 billion and 24-hour trading volume by an impressive 45.4% to $641.2 million. BCH price is now hovering between …
Paradigm CTO Konstantopoulos shared a set of commands to recover nodes, but the root cause of the bug is yet to be identified.
Why OKX Was Fined in the Netherlands Crypto exchange OKX has been fined €2.25 million (~$2.6M) by the Dutch central bank (DNB) for offering services without proper registration between July 2023 and August 2024. Dutch rules require all crypto companies to register under the Anti-Money Laundering (AML) framework, in place since 2020, to prevent money …
Crypto exchange volume climbed to $1.86 trillion in August from July's $1.77 trillion, marking the highest level since January.
Crypto.com CEO Kris Marszalek is making a bold prediction: the Federal Reserve’s next interest rate cut could ignite a massive crypto rally in late 2025. In an interview with Bloomberg, Marszalek argued that a September 17 rate cut would inject much-needed liquidity, reduce borrowing costs, and fuel demand for risk assets like Bitcoin, Ethereum, and …
The Trump family’s crypto company, World Liberty Financial, recently started trading under the symbol $WLFI. Experts are concerned that the company’s close ties to the president and its active role in crypto could make it harder for the Senate to pass the market structure bill. Will World Liberty Complicate the Market Structure Bill? The market …
On-chain data shows the Bitcoin Exchange Reserve has witnessed a spike recently, a sign that could be bearish for the asset’s price. Bitcoin Exchange Reserve Has Hit A Multi-Month High In a new post on X, CryptoQuant community analyst Maartunn has talked about the latest trend in the Exchange Reserve of Bitcoin. The “Exchange Reserve” refers to an on-chain indicator that keeps track of the total amount of the cryptocurrency that is sitting on the wallets attached to centralized exchanges. When the value of the metric goes up, it means the investors are making net deposits of the asset to these platforms. Generally, one of the main reasons why holders would transfer their coins into the custody of exchanges is for selling-related purposes, so this kind of trend can have bearish consequences for the BTC price. Related Reading: Toncoin (TON) Heading For A 50% Price Move, Analyst Explains Why On the other hand, the indicator witnessing a decline suggests investors are taking out a net number of tokens from the exchanges. Such a trend can be a sign that the holders want to hold their BTC into the long term, which can naturally be bullish for the asset’s value. Now, here is a chart that shows the trend in the Bitcoin Exchange Reserve over the history of the cryptocurrency: As is visible in the above graph, the Bitcoin Exchange Reserve peaked in late 2024 and saw a reversal to a downtrend, indicating that investors switched to net withdrawals. The decline in the metric was persistent, but very recently, another turnaround has finally occurred, with the indicator shooting up instead. Its value has now reached the 3.383 million BTC mark, which is the highest that it has been in a few months. “This signals a shift in trader behavior,” notes Maartunn. “More coins moving to exchanges often precedes increased selling pressure.” The deposit spree from the investors has come alongside a period of bearish action in the Bitcoin price. It now remains to be seen whether these exchange inflows would extend the drawdown. Related Reading: Bitcoin Finds Support At Short-Term Holder Cost Basis, But For How Long? Speaking of the price decline, on-chain analytics firm Glassnode has discussed about how this plunge compares against past ones in terms of the BTC supply in loss. As displayed in the chart, only 9% of the Bitcoin supply is in loss following the price drawdown. The maximum loss among these underwater coins is also currently just 10%. As Glassnode explains, In contrast, the local bottom of this cycle saw >25% of supply at up to 23% losses, and global bear markets have reached >50% supply with up to 78% losses. This dip remains relatively shallow. BTC Price At the time of writing, Bitcoin is trading around $111,200, up 2% over the last 24 hours. Featured image from Dall-E, Glassnode.com, chart from TradingView.com
Solana price now has extended its winning streak. It is currently trading at $209.77 after gaining 3.48% in the last 24 hours. The token’s market cap climbed to $113.49 billion, while 24-hour trading volume surged 35.96% to $9.08 billion. This uptick comes as positivity builds over potential U.S. approval of spot Solana ETFs, with issuers …
Traders say the combination of macro uncertainty, fragile sentiment, and thinning volumes leaves little room for error heading into what has historically been the toughest month on the calendar.