The forecast, which was published on Thursday, came amid renewed interest in stablecoins from several governments around the world.
Ethena Labs has expanded the list of eligible assets to support its synthetic dollar, USDe, by approving BNB, XRP, and Hyperliquid’s HYPE. The move is part of a new Eligible Asset Framework that sets clear benchmarks for which tokens can be used in the stablecoin’s collateral system. Liquidity concerns According to the Ethena Risk Committee, […]
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Markets across the board traded sharply higher on Friday following Jerome Powell's dovish speech at Jackson Hole.
Rising spot ETF demand, extremely strong technicals and a supply shortage could push ETH price to $6,000 before the end of 2025.
Look! In the sky! It's a flying burrito! Chipotle's drone test with Zipline starts this week in Rowlett, Texas, promising faster food deliveries.
The settlement's conclusion may influence future regulatory approaches to cryptocurrency classifications and enforcement actions.
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Reports from CryptoQuant suggest that large holders are moving aggressively while smaller players are bailing out. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Over the past week, wallets linked to key Bitcoin participants grabbed more than 16,000 BTC during a price decline. At the same time, retail investors have been selling into weakness, taking losses and widening the gap between whales and small traders. Analysts see this as a possible clue that the market could be forming a local bottom. Seasonal Pressure And Fed Expectations The timing of these moves adds more complexity. September is rarely kind to markets. Data over the last 35 years shows the S&P 500 slipping an average of 1% during this month, and Bitcoin has often mirrored that seasonal drag. Now, throw in a Federal Reserve meeting on September 15-16, where traders assign an 80% chance to a 0.25% rate cut, and you have a cocktail of uncertainty. For some, a cut signals potential relief for risk assets. For others, the historic pattern overshadows any short-term optimism. Either way, volatility seems unavoidable. BlackRock Transfer Triggers Fear Of Selling Amid this macro backdrop, a single transaction set off alarms. BlackRock shifted over 10,584 BTC—valued close to $1.20 billion—to Coinbase in one day. That kind of move rarely goes unnoticed. Transfers to exchanges often imply a readiness to sell, and the market responded immediately. Bitcoin slid to a little over $112,000, a level that previously acted as the launchpad for the rally that pushed prices to the all-time high of $124,000 this August. Traders are now watching that number like hawks, questioning if it can act as a safety net once more. Technical signals, however, don’t tell a unified story. The relative strength index sits at 32.90, scraping the oversold zone, which can sometimes hint at an exhausted sell-off. But the MACD is still weak, with its line staying under the signal mark, suggesting negative momentum. This split in indicators keeps traders guessing whether the next big move will be up or down. Related Reading: Panic Or Profit? Analyst Says XRP Below $3 Is A ‘Massive Blessing’ Crypto Market At A Crossroads If $112,000 holds, a rebound is on the table. Break it, and the downside could accelerate, especially if institutions start unloading more Bitcoin. Add whale accumulation, seasonal weakness, and a looming Fed decision, and the short-term outlook looks less like a straight line and more like a curve with surprises waiting around the bend. For now, the battle is clear. It’s between confidence and fear, and the outcome may depend on what happens before this month closes. Featured image from Unsplash, chart from TradingView
The oracle network's native token smashed through resistance levels, hitting its strongest price since December.
Institutional adoption, inflation-hedge demand, and the nature of bitcoin’s fixed supply, will propel the cryptocurrency to new highs, the report said.
A JitoSOL exchange-traded fund has joined the race for the U.S. Securities and Exchange Commission's approval.
Crypto-related stocks, like Bitcoin treasuries and exchanges, rose Friday following dovish talk from Federal Reserve Chair Jerome Powell.
VanEck's ETF filing could accelerate mainstream adoption of crypto staking, influencing future regulatory frameworks and investment products.
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The crypto market rallied more than 4% to reclaim the $4 trillion mark after Federal Reserve Chair Jerome Powell signaled that US interest rates could be lowered in September. In his speech at the Jackson Hole symposium in Wyoming, Powell said: “The baseline outlook and the shifting balance of risks may warrant adjusting our policy […]
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A mining ban went into effect in the African nation in April 2024, followed by Chinese officials warning residents not to “support or engage in virtual currency mining activities.”
Bitcoin is trading at a pivotal level after losing momentum from the $120,000 zone and slipping into deeper volatility. The price is now testing the $112,000 support level, a key zone for bulls to defend in order to avoid further bearish pressure. While the broader trend remains constructive in the long term, the short-term outlook has tilted toward weakness, with momentum indicators showing a leaning toward the downside. Related Reading: Whale Loads Up $300M Ethereum Onchain: Did He Just Catch The Bottom? Analysts highlight this moment as a potential inflection point for the market. A strong defense of current levels could reset sentiment and allow Bitcoin to consolidate before another breakout attempt. However, failure to hold above $112K may trigger a sharper correction, opening the path toward deeper support levels. Adding to the cautious tone, CryptoQuant’s head of research, Julio Moreno, shared new data showing that the CryptoQuant Bull Score Index has shifted into a neutral signal. This shift highlights that while selling pressure hasn’t fully taken over, the market is no longer in clear bullish territory. The coming days will be decisive in determining Bitcoin’s short-term trajectory. Bitcoin Indicator Signals Caution According to CryptoQuant’s head of research, Julio Moreno, Bitcoin’s Bull Score Index has shifted from a “Bullish Cooldown” phase to a “Neutral” phase. The index, which tracks overall market strength using a combination of trading flows, investor behavior, and derivatives data, declined from 70 to 50. This move signals that bullish momentum has weakened, leaving Bitcoin in a more balanced state between buyers and sellers. Moreno noted that “for risk management purposes, further softening in the index indicates price could go lower.” This means that while the neutral zone doesn’t yet imply a confirmed downtrend, any additional deterioration could increase the probability of deeper corrections. Traders are therefore closely watching upcoming sessions, as price action around the $112K–$115K support zone will be critical in shaping short-term direction. The broader context remains constructive. Bitcoin has been in a steady uptrend since 2023, a cycle that has already delivered massive gains and propelled the asset to new all-time highs above $124K earlier this month. Many analysts argue that the market is now in the final phase of this bull run, where volatility typically rises and investor sentiment becomes divided between expectations of continuation and warnings of exhaustion. As the month comes to an end, global macroeconomic factors—including interest rate policies, institutional inflows, and liquidity conditions—will play a decisive role. If Bitcoin holds its support and fundamentals remain strong, this neutral phase may simply represent a healthy pause before the next upward move. Conversely, if weakness persists, the market could be signaling the start of a deeper consolidation phase. Related Reading: Bitcoin Retail Transfers Collapse: Lowest Since Bull Market Peak In 2021 Price Action: Testing critical Support Level Bitcoin is currently trading around $112,837, after a sharp decline from its all-time high near $123,217. The daily chart shows that BTC has slipped below the 50-day SMA ($116,158) and is now testing the 100-day SMA ($111,224) as support. This level has become a crucial line of defense for bulls. The rejection from the $123K region highlights strong resistance overhead, which has led to several failed breakout attempts. The structure suggests that BTC has entered a consolidation phase, with the $111K–$116K zone serving as the immediate range. A decisive breakdown below $111K could open the way toward the 200-day SMA ($100,597), a level many analysts see as the final support for this cycle’s uptrend. Related Reading: Ethereum Treasury Boom Drives Demand: Can The Market Handle The Risks? Momentum indicators also align with weakening bullish pressure, as recent candles show lower highs and lower lows. However, holding above the 100-day moving average would strengthen the bull case, potentially setting up a rebound toward $118K and eventually retesting $123K. Featured image from Dall-E, chart from TradingView
Lido and ethena surged double digits Friday as both tokens look to return to last week's highs.
Record ETF inflows pushed Ether holdings to 6.4 million, tightening supply as the price tested $4,668 after dovish comments from the Federal Reserve Chair Jerome Powell.
In Zambia, a group allegedly lured victims into a crypto investment scheme that led to $300 million in losses.
Pennsylvania lawmaker Ben Waxman, a Democrat, has introduced a bill that would prevent public officials from owning or transacting in digital assets while in office. The proposal, known as the House Bill 1812 (HB1812), aims to amend the state’s ethics and financial disclosure laws and extend those restrictions to officials’ immediate families. The legislation covers […]
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SharpLink Gaming authorized a $1.5 billion stock buyback to cushion its NAV as the ETH treasury firm continues aggressive accumulation.
XRP has been under pressure in recent days, trading just below the $3 mark after a series of pullbacks that echoed the wider cooling seen across the crypto market. However, according to a technical analysis shared by crypto analyst Nehal, the asset may be approaching a key accumulation zone. According to his outlook, this could set the stage for an explosive rally that carries XRP to at least $5 before the end of 2025. XRP Dips Below $3; Here’s When To Buy After hitting highs above $3.35 earlier in August, XRP has since faced steady selling pressure alongside the rest of the crypto market. This in turn, has seen the cryptocurrency dipping below $2.90 and into the $2.80 zone. Unless there’s a wider bulllish momentum, this decline may continue into the coming trading session, but technical analysis of the 6-hour candlestick timeframe chart shows that a major rebound could be very close. Related Reading: XRP Price Crashes After SEC Denies XRP ETFs, What Are The Next Important Dates? In his post on the social media platform X, Nehal described $2.7 as one of the clearest support levels on XRP’s chart, noting that it carries the lowest probability of being broken to the downside. According to the analyst, the number of buyers waiting at this price range makes it increasingly difficult for the asset to fall further. He personally set his buy orders between $2.76 and $2.8, and this zone is the ideal entry point for traders looking to accumulate before the next big rally. The analyst advised that XRP is unlikely to go much lower, making current levels “way too juicy” for sidelined investors to ignore. Breakout Targets On The Path To $5 Nehal’s chart shows a bullish rebound scenario where XRP rises from the $2.75 zone and begins reclaiming multiple resistance levels. The first resistance level is at $3.04, which was initially a support level that prevented any breakdown below the $3 price level throughout last week. From here, the next price target is $3.23, followed by an order block level of $3.42 in July. Related Reading: XRP Takes On Live TV: Analyst Predicts Surge To $13 If This Happens The final step in Nehal’s projected rebound is the $3.61 resistance level, which sits just below the all-time high of $3.65 reached in July. Breaking through this level would not only mark a full recovery from the recent pullback but also place XRP on course for price discovery in new territories. Each of these milestones serves as a stepping stone to a wider breakout, which he expects to carry XRP to at least $5 before the end of 2025. At the time of writing, XRP is trading at $2.86 and is steadily approaching the $2.75 buy/rebound level. However, a rebound does not necessarily require a perfect retest of this level. Instead, the XRP price may rebound anywhere between $2.76 and $2.8. Featured image from Getty Images, chart from Tradingview.com
Bitcoin surged off key support after Powell hinted at rate cuts, triggering $375M in liquidations as ETH led gains with a 10% rally.
Crypto market optimism surges, potentially signaling increased investment and economic shifts as monetary policy hints at future rate adjustments.
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Ethena approved BNB as eligible collateral for the perpetual-futures portion of USDe’s backing, hinting that XRP and HYPE may be next in line.
The rebranded crypto treasury firm disclosed a 74.8M share offering, sparking concerns even as it holds more than 82,000 ETH and $238M in cash.
Bitcoin recovers from a trip to six-week lows as Fed Chair Jerome Powell gives strong "dovish" clues over where interest rates will head in September.
Jerome Powell’s Jackson Hole speech gave traders clarity on what’s next for U.S. rates and a reason for crypto markets to cheer. Speaking at the Fed’s annual Jackson Hole symposium, Powell said a 25bps rate cut in September is highly likely. But he also made it clear this isn’t the start of a long series …
Circle, eToro and Marathon led sharp gains on Friday after Federal Reserve Chair Jerome Powell hinted that a policy shift could come next month.
Kanye West’s recently launched YZY token quickly grabbed attention in the crypto space. It shot up 1,400% shortly after its launch, but has significantly declined over 74% from its peak. Top wallets made $24.5 million in profits, while other traders saw mixed results. Initially, the token’s market value surged to $3 billion, but it has …
As U.S. President Donald Trump's chairman nominee, Brian Quintenz, remains in a confirmation holding pattern, the CFTC starts another "crypto sprint."