With September just around the corner, Ethereum bulls are jittery, since the ninth month of the calendar year has typically been associated with weakness by the number-two coin. With an average loss of -6.42% since 2016, September is the single worst-performing month for Ethereum over most cycles. Ethereum has been on a tear, fueled by […]
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Telegram CEO Pavel Durov was arrested one year ago and has since then been required to stay in France while under investigation.
On Friday, VanEck, asset manager and cryptocurrency exchange-traded fund (ETF) issuer, announced a new filing for a spot Solana ETF backed by JitoSOL with the US Securities and Exchange Commission (SEC). This marks a significant change from other crypto ETFs as it would be the first fund to utilize a liquid staking token. A New Era For Liquid Staking? JitoSOL functions as a liquid staking token on the Solana blockchain, representing both staked SOL and the rewards associated with it. This structure allows users to stake their SOL through the Jito Network while retaining the liquidity necessary for participation in decentralized finance (DeFi) applications. Consequently, VanEck’s introduction of a new spot Solana ETF could provide investors with new opportunities to benefit from the expected growth of the Solana ecosystem. Related Reading: Why August Could Be Remembered As A Major Trap For Bitcoin And Crypto Market This initiative comes on the heels of new regulatory guidance from the SEC regarding liquid staking activities. Under the administration of President Donald Trump, there has been a concerted effort to position the United States as the global leader in cryptocurrency. The Securities and Exchange Commission’s recent shift in approach reflects this vision, as it aims to clarify the regulatory landscape for the broader digital asset market, a significant departure under former Chair Gary Gensler. Nine Solana ETF Applications Await SEC Green Light In August of this year, a coalition of influential organizations, including Jito Labs, VanEck, Bitwise, the Solana Policy Institute, and Multicoin Capital Management, submitted a joint request to the SEC seeking approval for liquid staking in Solana ETF applications. The letter emphasized the operational advantages that liquid staking can offer for potential Solana ETF issuers, such as enhanced network security through increased staking participation, a wider array of investment options for market participants, and potential new revenue streams for ETF providers. With at least nine Solana ETF filings currently awaiting SEC approval, it’s clear that interest in this area is on the rise. Significant progress toward approval was signaled two months ago when VanEck’s first spot Solana ETF appeared on the Depository Trust & Clearing Corporation’s website under the ticker VSOL. Related Reading: How High Can Shiba Inu Climb In 2025? Analyst Gives Candid Outlook Importantly, the SEC has also signaled that, under specific conditions, activities related to liquid staking may not fall under the definition of securities as outlined by the Securities Act of 1933 and the Securities Exchange Act of 1934. Paul S. Atkins, the newly appointed SEC Chairman, underscored the agency’s commitment to providing clear regulatory guidance for innovative financial practices. He described the staff statement on liquid staking as a crucial measure for defining which crypto asset activities lie outside the SEC’s jurisdiction. On Friday, VanEck’s new spot Solana ETF application caused SOL’s price to surge by double digits, recording a 10% increase in the 24-hour period that brought the cryptocurrency close to the $200 threshold. Featured image from DALL-E, chart from TradingView.com
Technical analysis shows Dogecoin is about to confirm a support on the weekly candlestick timeframe chart after managing to hold up above $0.21 in the past week. After several weeks of mixed sentiment between bulls and bears, Dogecoin’s price action now seems to be shifting in favor of buyers, and price action on the weekly timeframe is now showing a convincing bullish setup. This trend was highlighted in a technical analysis from TradingView analyst MasterAnanda, who noted that Dogecoin’s confirmation above some exponential moving averages is key to a midterm price target of $1.85. Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals Strong Support Holds With Dogecoin Above EMAs The chart posted by MasterAnanda shows that Dogecoin has now traded above the EMA8, EMA13, and EMA21 for four consecutive weeks. This alignment of exponential moving averages, as shown in the chart below, has always been the start of powerful upward moves in Dogecoin’s price. Each time the price has managed to hold above these averages on the weekly chart, it has paved the way for sustained rallies. For instance, in October 2023, the alignment of these moving averages preceded a steep rally that pushed DOGE higher in the following months. A similar development was seen between September and October 2024, when Dogecoin climbed aggressively after maintaining its position above the same set of EMAs. Now, it seems recent market dynamics have seen Dogecoin establishing strong support above $0.21. The analyst described this confirmation of support as the moment that ends any lingering doubt, and traders who are waiting for signals of market strength can now see that the technicals point decisively upward. According to the chart, this support is acting as the launchpad for a higher high, and the probability of an extended bullish run is increasing with the continued increase in trading volume. Chart Image From TradingView: MasterAnanda Next Dogecoin Target At $1.85 The sentiment among Dogecoin traders had been divided in recent weeks, with some traders leaning bearish while others maintained bullish expectations. This divergence of opinion is not unusual, as crypto analysts and traders frequently oscillate between these opposing views. Now that the support has been confirmed and Dogecoin is sustaining momentum above these exponential moving averages, the only thing left is for Dogecoin to continue trading with high volume. In this case, MasterAnanda projected multiple intermediate targets at Fibonacci extension levels before a final price target of $1.85. The first price target is at $0.31 (0.382 Fib level), then $0.48 (0.618 Fib level). Breaking beyond this level would translate to a break above a strong resistance that stopped Dogecoin in its tracks in December 2024. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss The next target after $0.48 is above the 2021 all-time high of $0.7316, at $1.16, which corresponds to the 1.618 Fibonacci extension. Clearing this level would pave the way for the ultimate midterm target of $1.85 at the 2.618 Fib extension level. At the time of writing, Dogecoin was trading at $0.2324. Featured image from Unsplash, chart from TradingView
As Asia and the Middle East lead crypto adoption, success no longer comes from avoiding regulation, but mastering compliance to unlock true scale.
Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. Crypto payments are having a moment. From Circle’s billion-dollar IPO to the GENIUS Act clearing a path for stablecoin regulation, the tailwinds are blowing […]
The post Beyond the hype: why crypto payments are still stuck in beta appeared first on CryptoSlate.
Who doesn’t love a good obituary? A fitting end to a life well lived. Yet, even the best eulogies in the world lose their shine somewhat when the subject isn’t deceased. According to the latest data from Bitcoin Is Dead, the internet’s most comprehensive database tracking Bitcoin death declarations, the number-one digital asset has ‘died’ […]
The post The latest data from Bitcoin Is Dead dropped this week: Bitcoin has ‘died’ no less than 431 times appeared first on CryptoSlate.
Ripple’s XRP has officially broken into the top 100 global assets by market capitalization, a milestone that places it alongside some of the world’s most valuable companies like Shopify, Intuit, and Deutsche Telekom. According to the latest data, XRP holds a market cap of around $181.2 billion at a price of $3.02 per token, ranking it above 100th on the global leaderboard. More notably, XRP has managed to join this exclusive list without the backing of a regulated spot ETF in the United States, unlike its crypto counterparts Bitcoin and Ethereum, which are also on the list of the largest global assets. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss XRP Joins The Rank Of World’s Top Assets At the time of writing, XRP is the 97th largest asset by market cap, the third cryptocurrency in the list behind Bitcoin at 7th and Ethereum at 22nd. XRP’s climb to this milestone can be traced to a wave of inflows that have been pouring into the asset in recent months. The scale of these inflows has been enough to push XRP’s market cap above BNB and stablecoin Tether USDT, making it the third-largest cryptocurrency by market capitalization. Institutional and retail investors have been drawn to XRP following the conclusion of its legal battle with the US Securities and Exchange Commission. This confidence, combined with the larger crypto market bullishness, has seen the XRP price establish a new support base at $3. Crossing into the ranks of the world’s top 100 assets shows how XRP is faring compared to companies outside the cryptocurrency market. At its current valuation, XRP is now on the tails of some of the most recognized global corporations, like Verizon, Texas Instruments, Shopify, and Intuit. Top assets by market cap: CompaniesMarketCap The Case For More Growth With A Spot XRP ETF Bitcoin and Ethereum have gained tremendous institutional traction in the past 18 months or so through the launch of regulated spot ETFs in the United States. XRP, on the other hand, has reached its current standing without such an instrument. Therefore, XRP’s present milestone may be just the start of a much larger climb. The absence of ETF-driven inflows means that XRP has significant untapped potential waiting to be unlocked through financial institutions like BlackRock, Fidelity, and Grayscale once regulatory approval for a Spot XRP ETF arrives in the US. Such a trading instrument would open the door for large-scale institutional investors who have so far been restricted in accessing XRP exposure. Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals If the same inflow patterns seen in Bitcoin and Ethereum ETFs are seen again with XRP, its market capitalization could easily push past its current peers in the top 100 global asset rankings alongside its price. At the time of writing, XRP is trading at $3.04. Expectations tied to the eventual approval of Spot XRP ETFs stretch from moderate projections of $4 to ambitious forecasts of as high as $1,000. Featured image from Unsplash, chart from TradingView
Ethereum has officially entered a new phase after breaking its previous all-time highs and pushing into uncharted territory. The recent surge carried ETH to $4,886, yet the rally stopped short of the much-anticipated $5,000 milestone. While bulls continue to show resilience, the market now faces a pivotal moment. Analysts are divided: some expect Ethereum to continue its upward march into price discovery, while others warn that the market could be preparing for a deeper correction. Related Reading: Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In This uncertainty comes amid rising speculative activity. According to CryptoQuant, a critical indicator known as the Leverage-Driven Pump has flashed six times this month alone. Each instance reflects a surge in price fueled by leverage in the derivatives market rather than purely organic spot demand. Historically, such signals have produced mixed outcomes: some rallies retraced quickly, others extended before exhaustion set in. With institutional accumulation supporting long-term growth and derivatives adding fuel to short-term volatility, Ethereum stands at a crossroads. Whether this phase becomes the foundation for a sustainable climb above $5,000 or a setup for profit-taking will depend heavily on how leverage unwinds in the coming sessions. The next few days could prove decisive for ETH’s trajectory. Ethereum Faces Risks Amid Strong Fundamentals According to top analyst Maartunn, Ethereum has now seen its Leverage-Driven Pump indicator flash six times this month alone. Out of these signals, four retraced either partially or fully, one continued pumping after stopping out shorts, and the latest one remains live right now. Based on this pattern, Maartunn suggests that Ethereum could soon retrace again, as excessive leverage in derivatives markets often creates unstable conditions that end in pullbacks. However, while technical signals point toward short-term risks, the fundamentals remain strongly bullish. Ethereum has not only broken past its 2021 all-time high of $4,860 but is also backed by robust institutional accumulation. Companies such as BitMine and SharpLink Gaming are acquiring ETH in large amounts, locking up billions in supply. This trend reduces available liquidity on exchanges, effectively amplifying scarcity during periods of heightened demand. Another key factor is the decline in ETH balances on centralized exchanges, showing that investors prefer to hold or stake their coins rather than trade them actively. This outflow aligns with long-term accumulation behavior, historically a precursor to major rallies. While leverage-driven volatility could bring short-lived retracements, Ethereum’s market structure is tilting toward continuation. If institutions keep accumulating and supply keeps leaving exchanges, ETH could sustain momentum and push well beyond its 2021 highs in the months ahead. Related Reading: Ethereum Chain Dominates With $516M Net Inflows In 7 Days Daily Chart Signals Critical Moment Ethereum’s daily chart shows ETH trading at $4,771, holding steady after a volatile rally that tested new all-time highs last week. The chart reflects a clear bullish structure, with ETH establishing higher highs and higher lows since mid-July. The 50-day moving average sits well below the current price at $3,763, while the 100-day and 200-day averages are at $3,146 and $2,616, respectively. This wide gap signals strong momentum, but it also highlights how extended the market has become in the short term. The recent surge, which saw ETH briefly dip below $4,200 before bouncing back aggressively, shows strong buyer demand at lower levels. The recovery candle indicates that bulls quickly absorbed selling pressure, pushing ETH into a tight consolidation just under the psychological $5,000 barrier. Breaking this level convincingly could open the door to rapid continuation into uncharted price territory. Related Reading: TRON Spot Market Signals Relief – Seller Dominance Weakens After Cycle High However, volatility remains elevated. Sharp moves often follow such strong expansions, and retracements toward support at $4,500 or even $4,200 cannot be ruled out. Traders will be watching for sustained closes above $4,800 as confirmation of bullish continuation, while a failure to defend key supports could trigger a deeper correction. Featured image from Dall-E, chart from TradingView
Critics warn the US Treasury’s push to embed ID checks into DeFi smart contracts could erode privacy and hollow out permissionless finance.
Powell’s Jackson Hole speech showed how the Fed is weighing inflation against jobs. That balance could shape policy in the fourth quarter of 2025 and beyond.
Prominent market analyst Egrag Crypto is predicting an altseason of substantial magnitude following recent developments on the Bitcoin Dominance (BTC.D) chart. This latest technical commentary adds to the continuous list of speculations on the time and fashion of a rather peculiar and highly anticipated altseason. Related Reading: Crypto Founder Predicts Ethereum Price To Touch $20,000 As Fed’s Powell Turns Dovish Here Comes The Mother Of All Altseasons – Analyst The nature of any potential altseason in the present market cycle has been a consistent debate over the past few months. While some analysts initially hinted at zero possibility of an altcoin market run, citing their increased volume over the past four years, others resisted this notion, rather pushing an idea of selective coin performances based on community, market capitalization, and utility. In Egrag Crypto’s viewpoint, the incoming altcoin rally may present a parabolic price rally with colossal returns for investors, based on events on the BTC.D weekly charts. For perspective, the altseason is a period in the crypto bull run during which altcoins generally record a greater price performance than Bitcoin. It is typically indicated by a decline in Bitcoin Dominance, i.e, market share in the crypto market. According to Egrag Crypto, the BTC.D has recently closed below the 21-week Exponential Moving Average (EMA), a level that has historically preceded steep declines in dominance. Specifically, Bitcoin dominance has fallen by 47.86%, 42%, and 42.17% in the last three separate instances of this event. On average, these breakdowns led to a drop of roughly 43.34%. If history repeats, Bitcoin dominance could decline to around 35%. Interestingly, the market expert also notes that this target also coincides with the lower boundary of a linear regression channel on a logarithmic scale, reinforcing the technical outlook. Therefore, this setup indicates that altcoins could exceedingly outperform in what Egrag Crypto describes as “The Mother of All Altseasons”. Related Reading: Ethereum Chain Dominates With $516M Net Inflows In 7 Days Altcoins Set To Soar In other developments, a fellow market analyst with the username Titan of Crypto is tipping the altseason to soon commence after recent price movement on the Ethereum-to-Bitcoin (ETH/BTC) monthly chart. After a prolonged downtrend, ETH/BTC has broken above its resistance trendline, marking a potential shift in market momentum. Historically, ETH/BTC breakouts have often preceded strong altcoin rallies, as Ethereum’s relative strength against Bitcoin usually encourages capital rotation into the broader altcoin market. With this breakout confirmed, the long-anticipated altseason could finally be unfolding. At press time, the total altcoin market is valued at $1.64 trillion, representing 41.6% of the total crypto market cap. Featured image from Getty Images, chart from Tradingview
Ethereum has faced one of its most turbulent weeks in months, with sharp swings in price shaking both bulls and bears. Earlier in the week, ETH dipped below the $4,200 level, marking a local low that sparked concern among traders about deeper corrections. However, sentiment shifted quickly as Ethereum bounced back with remarkable strength, rallying throughout the week and eventually setting a new all-time high at $4,886 on Friday. Related Reading: Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In This comeback reinforced Ethereum’s strong market structure and highlighted the resilience of buyers who continue to step in at critical support levels. Analysts point to institutional accumulation, declining supply on exchanges, and rising DeFi activity as key drivers behind Ethereum’s upward momentum. Despite heightened volatility, bulls appear to have regained control as the asset edges closer to uncharted territory. Top analyst Darkfost shared insights suggesting that Ethereum is now approaching its upper realized price band, a level often seen as a signal for profit-taking among seasoned investors. Historically, these upper bands have marked overheated conditions, but they also confirm robust strength in the market. The coming days will be pivotal as Ethereum tests whether it can sustain momentum and extend its breakout phase. Ethereum Approaches Overheated Territory According to top analyst Darkfost, Ethereum is now entering a critical stage as it flirts with its upper realized price band. The Realized Price Bands indicator is designed to provide a clear picture of where the market stands compared to investors’ realized cost basis. It does this by extrapolating upper and lower bands from Ethereum’s realized price. The lower, or blue band, offers insight into baseline valuations, often reflecting where long-term holders have historically accumulated. The red band, in contrast, signals moments when the price has moved into a strong positive deviation from the realized value. Seasoned investors frequently interpret this as a signal to take profits, as it often marks conditions where market sentiment is overheated. These phases can extend for weeks, allowing prices to remain elevated, but they have historically preceded more severe pullbacks or the beginning of broader bearish trends. Ethereum’s approach to this upper band is therefore significant. Darkfost emphasizes that while the indicator is simple in design, its ability to flag overheated market conditions has proven effective across multiple cycles. If ETH sustains its position near or above this band, it could indicate the start of a short-term overheated phase. Such phases often attract rapid speculative flows, which can push prices to new highs. However, once momentum fades, these same flows tend to unwind sharply, creating bear markets. For traders and investors, Ethereum’s test of the realized price bands could be a turning point, signaling whether the asset enters a prolonged bullish extension or prepares for a cyclical reset. Related Reading: Ethereum Chain Dominates With $516M Net Inflows In 7 Days Price Testing ATH Resistance Ethereum’s 4-hour chart shows a strong rebound from the $4,200 region, confirming that bulls defended a critical support zone. After a sharp correction earlier in the week, ETH surged aggressively and is now trading near $4,767. The breakout came with a steep rally that cleared both the 50-day and 100-day moving averages, turning them into immediate support levels. The price structure suggests renewed bullish momentum, especially after Ethereum printed a strong green candle that erased several days of losses in just hours. ETH is now consolidating above the 200-day moving average, a historically significant level that reinforces the bullish trend. If bulls maintain this level, Ethereum could retest its all-time high near $4,886 and potentially enter new price discovery. Related Reading: Bitcoin Bull Score Index Signals Fading Momentum: Room For Downside? On the downside, immediate support sits around $4,400, marked by the 100-day moving average. A break below this level could open the way to $4,200 again, where bulls must defend to avoid a deeper retracement. The chart signals strength, with higher lows forming after each correction. Combined with strong fundamentals and institutional activity, ETH remains positioned for further upside, although volatility should be expected as it approaches record highs. Featured image from Dall-E, chart from TradingView
Ethereum gaming network Xai claims Elon Musk’s AI firm xAI has caused market confusion and reputational harm.
Ethereum (ETH) prices increased by over 7% in the past week, amid a general crypto market price bounce inspired by a heightened potential for US rate cuts in the coming months. The largest altcoin now trades within the $4,700 price region following a stiff rejection from $4,800. However, recent candle formation backs Ethereum’s potential to overcome this opposition, with the immediate major resistance level tipped to still lie far ahead. Related Reading: Ethereum Chain Dominates With $516M Net Inflows In 7 Days Ethereum Eyes $5,400 Following Bull Flag Breakout In an X post on August 23, a popular market analyst with the username Titan of Crypto shares a technical insight on the ETH market, highlighting the recent breakout from a bull flag formation. This development indicates that buyers are presently taking charge of the market, signaling a high potential for a sustained uptrend in the short term. For context, the bull flag represents a classic continuation pattern in trading. It starts with a flagpole, i.e., an initial strong price surge as observed in early August when ETH prices moved by 41% from $3,400 to near $4,800. This phase is followed by the flag, a market correction in the form of a descending consolidation channel seen between August 13 and August 23 in the chart below. In the flag phase, trading volume usually declines, indicating the pullback is not driven by strong selling pressure but rather by market indecision. This phase is generally interpreted as healthy consolidation and often signals accumulation, with the expectation that once the pause is complete, the price will break out upward to continue the bullish trend. Notably, Ethereum appeared to have re-ignited this upward trend, following its price breakout last Friday. The altcoin gained by over 14%, breaking out from the flag phase at $4,200 to trade around $4,800 before experiencing a slight retracement. However, the final leg of the classic bull flag usually represents a price surge of similar length to the flagpole starting from the point of breakout. Going by this precedent, Titan of Crypto expects Ethereum’s recent rally to persist, setting its next significant price target at $5,400, i.e, a 13.68% from the present market price. However, volatility remains a defining feature of the crypto market, with sharp pullbacks possible even in strong uptrends. In the ETH market, investors would want to cautiously monitor the $4,800 price region, which has twice served as an effective price resistance consecutively. Related Reading: Could Ethereum Be Eyeing New Highs? Analyst Spot Bullish Trends in Netflow Data Ethereum Price Overview At the time of writing, Ethereum trades at $4,782 after a 2.18% gain in the past 24 hours. Meanwhile, daily trading volume has crashed by 51.88% and is now valued at $33.08 billion. Featured image from Pexels, chart from Tradingview
Since 2016, whenever Ether’s price has gone up in August, it has historically fallen in September, data shows.
According to crypto analyst Cas Abbé, Dogecoin’s current movement suggests it is stepping into a new expansion phase after an extended period of accumulation. This development comes after months of relatively muted sentiment with strong price support, which now appears to be forming the groundwork for another strong breakout. Notably, technical analysis of various charts tracking Dogecoin’s hash rate, CVDD levels, alpha pricing, and network stress index provides context to this technical outlook, which might see Dogecoin surge to new price highs. Signs Of An Expansion Phase In Dogecoin Taking to the social media platform X, crypto analyst Cas Abbé explained a few reasons as to why the Dogecoin price is about to enter into an expansion phase. The first being that Dogecoin has been trading inside a wide accumulation range in the past few months. This base has been at the $0.20 price level since the beginning of August. This type of prolonged base-building is mostly always known to precede sharp upward moves, as it reflects the gradual buildup of strong demand. Furthermore, the analyst noted that the current breakout attempts are backed by rising trading volume, which he interpreted as institutional accumulation. This is unlike past Dogecoin bull cycles, which were mostly based on retail hype. Technical momentum indicators such as the Relative Strength Index (RSI) are currently in a mid-range position, and this means that Dogecoin still has significant room to climb before hitting overbought conditions. Another factor is the Dogecoin mining hash rate chart. As shown in the image below, the hash rate has been rising massively since the beginning of 2025, showing that network strength has been steadily climbing even during price consolidations and declines. Historical Patterns Back Expansion Outlook One of Abbé’s key points is that Dogecoin’s price cycles have consistently followed a similar pattern of long sideways stretches followed by sudden vertical expansions. This cycle structure can be seen in the cumulative value days destroyed (CVDD) chart. As shown in the chart below, Dogecoin’s price action stayed well within its accumulation zones before breaking higher in 2018 and then in 2021. However, unlike the peaks in 2018 and 2021 where on-chain metrics were overheated, current conditions are calm, which shows more of genuine accumulation rather than profit-taking and distribution. The expansion phase is not about short-lived spikes but rather the start of a new directional trend that could redefine Dogecoin’s price structure. Although the analyst did not define a price target, technical analyses from other analysts point to price predictions that will take the Dogecoin price well above its 2021 peak of $0.7316 into the $1 threshold and beyond. A similar analysis by crypto analyst Javon Marks points to a Dogecoin price target of $1.25. At the time of writing, Dogecoin is trading at $0.237, up by 9.5% in the past 24 hours. Featured image from Unsplash, chart from TradingView
Social media mentions of Federal Reserve-related keywords and the anticipated interest rate cut have reached an 11-month high, according to Santiment.
With ETH near record highs and Tom Lee eyeing $15,000 by the end of this year, investors weigh exposure through direct tokens, spot ETFs or corporate treasuries.
The cryptocurrency market roared back to life on Friday, August 22, after a positive speech from US Federal Reserve Chairman Jerome Powell, with the Ethereum price leading the top 10 largest assets in terms of performance. According to data from CoinGecko, the price of ETH increased by more than 14% on the day. After its initial struggles during the week, the Ethereum price finished by reclaiming and surpassing its former all-time high of $4,878, reached as far back as 2021. Interestingly, a prominent crypto founder has put forward an audacious prediction for the price of Ethereum over the next few months if it breaks its record high. What’s Next For ETH Price? In an August 22 post on social media platform X, Alphractal CEO and founder Joao Wedson shared an exciting prognosis for the Ethereum price in the coming months. According to the crypto expert, the second-largest cryptocurrency may be entering another fear-driven scenario before the start of a new re-accumulation phase if it doesn’t cross the former record high. Related Reading: Analyst Puts XRP Cycle Top Above $20, But Says Price Must Hold Last Line Of Defense Wedson revealed the possibility of algorithmic trading activity clustering around the $7,000 – $7,500 range, further strengthening the case for a reaccumulation stage. This pattern can be associated with cycle shifts where market makers absorb liquidity, suppress volatility, and set themselves up for the next round of major capital inflows. The Alphractal founder highlighted that the Ethereum price movements have coincided with the cyclical pattern of Bitcoin’s market dominance. As shown in previous fractal cycles, the price of ETH tends to absorb a significant share of Bitcoin’s capital flow, typically after 28 days of BTC price consolidation. Wedson revealed that the current market data suggests this pattern may be playing out again, increasing the chances of Ethereum price embarking on an extended rally over the next few months. It is worth noting that the price of ETH has reached a new all-time high, implying that the altcoin may not even witness the initial downside volatility before entering a new growth phase. The crypto expert, however, urged investors to do their due diligence, as the market data only looks at the typical behavior of Market Makers during cycle transitions. Ethereum Price At A Glance As of this writing, the price of ETH sits at around $4,716, reflecting an almost 9% increase in the past 24 hours. According to CoinGecko data, the altcoin is up by more than 11% in the last seven days. Related Reading: Bitcoin Weakness Vs. Ethereum Strength: On-Chain Data Reveals Divergence Featured image from iStock, chart from TradingView
XRP is now on the verge of being integrated into the backing of USDe, the $11.8-billion stablecoin issued by Ethena Labs. The company’s risk committee recently confirmed that XRP has passed all thresholds required under its newly launched Eligible Asset Framework, which puts it alongside BNB and HYPE as top candidates for onboarding. XRP’s massive liquidity, its market capitalization of over $181 billion, and daily trading volumes comfortably above $10 billion now see it ready to take on a new role in the USDe ecosystem. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Ethena’s Eligible Asset Framework Ethena Labs, the company behind the USDe stablecoin, recently introduced the Eligible Asset Framework as a formalized system to expand the collateral options backing USDe. According to an announcement, the framework is based on specific thresholds that assets must meet before gaining approval. These thresholds include maintaining over $1 billion in average open interest across two weeks, daily spot trading volumes above $100 million, and perpetual futures volume exceeding $100 million per day. Liquidity requirements are also included, such as a spot order book depth of more than $500,000 and perpetual futures depth above $10 million on a two-week average. XRP has cleared all these requirements, which means that it is strong enough from a risk perspective to be considered as part of USDe’s perpetual futures collateral system. For years, XRP has maintained its status as one of the most liquid digital assets in the market. Its market capitalization, which is at $181.944 billion at the time of writing, has grown massively in the past year. This has seen it climbing in market cap ranks, and it is now sitting behind only Bitcoin and Ethereum. Beyond the numbers, XRP’s deep order books and global trading presence in exchanges in America, Europe, and Asia allow it to handle large transactions without disrupting price stability. This level of liquidity and depth makes XRP an ideal candidate for integration into USDe, which has already been minting hundreds of millions of dollars weekly. For instance, data shows that USDe mints were in excess of 670 million over the past week. What Does This Mean For XRP? According to Ethena, XRP, alongside HYPE, has only met all the thresholds and is a candidate for onboarding shortly. Only BNB has been approved as the first new eligible asset for the perpetual futures portion of the collateral backing of USDe. If Ethena formally onboards XRP for onboarding, it would become an important expansion of XRP’s utility. It might not be the update expected by XRP holders, but this development could open a new chapter in the cryptocurrency’s utility and adoption. Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals Simultaneously, Ripple’s US dollar-pegged RLUSD, has had its own success in the stablecoin market. So far, RLUSD has crossed a market capitalization of approximately $680 million within its first seven months and continues to grow. Moreover, Ripple is extending RLUSD’s global presence by partnering with SBI VC Trade to bring it to the Japanese market by early 2026. At the time of writing, XRP is trading at $3.02, up by 6.5% in the past 24 hours. Featured image from Virtune, chart from TradingView
Caitlin Long said mismatches between legacy financial systems and blockchain protocols, which settle in real-time, may impact TradFi firms.
Sharing his daily technical outlook, CryptoWzrd noted in a recent post that Chainlink (LINK) ended the session bullish, hinting at the possibility of further upside. With LINKBTC rebounding from an extreme oversold zone, LINK could be gearing up for its next move upwards. Bullish Daily Close For Chainlink And LINKBTC CryptoWzrd, expanding on his latest analysis, explained that both Chainlink and LINKBTC closed the day with bullish daily candles, a sign that momentum could be building in favor of buyers. This positive structure on higher time frames indicates that sentiment may be shifting after recent corrective moves. Related Reading: Chainlink Eyes Crucial Resistance After $25 Reclaim – Breakout Or Breakdown Next? According to the analyst, LINKBTC in particular needs to sustain this trend by printing additional bullish daily candles from its current position. Given that it has already bounced from an extreme oversold condition, the probability of follow-through strength remains elevated. A continued push from this zone could lay the foundation for further upside in LINK. With momentum gradually returning, CryptoWzrd suggested that Chainlink has the potential to challenge the $40 resistance in the coming days. On the way up, the analyst highlighted $30 as the next immediate resistance level. Based on current momentum, he believes this zone could be broken without much difficulty, provided bulls maintain their control. Meanwhile, on the downside, he pointed out $20 as the main daily support, a level that would need to hold to protect LINK’s broader bullish outlook. CryptoWzrd went on to note that his attention will remain on lower time frame chart setups tomorrow. By closely tracking intraday formations, he aims to identify quick scalp opportunities, while also keeping the broader daily structure in mind as Chainlink attempts to strengthen its bullish case. Jackson Hole Sparks Heavy Volatility On LINK Charts Giving his final verdict, CryptoWzrd highlighted that the intraday chart displayed extreme volatility, largely influenced by market reactions during the Jackson Hole Symposium. The sudden swings highlighted how sensitive the market has become to macroeconomic cues, leaving traders on high alert for short-term opportunities. According to his analysis, a potential pullback below $26.50 followed by a bullish reversal would provide a strong long setup, with targets extending toward $31 and possibly higher. Related Reading: Chainlink Tipped To Outshine XRP In Global Banking Links: Analyst However, CryptoWzrd cautioned that if Chainlink holds below the $26.50 mark without showing signs of recovery, the market could slip into more sideways volatility. Such conditions often frustrate traders, as momentum fades and clear directional setups become harder to identify. With the weekend approaching, the analyst’s expectations remain balanced and rational, acknowledging that lower liquidity conditions could also impact price movements. Featured image from Getty Images, chart from Tradingview.com
The Ethereum price outlook is heating up as market optimism collides with shifting monetary policy signals. BitMEX co-founder Arthur Hayes has projected that Ethereum could surge to $20,000, citing strengthening market dynamics and favorable macro conditions. The bold forecast comes just as Federal Reserve Chair Jerome Powell adopts a more dovish tone, indicating a possibility of future rate cuts. Ethereum Price Projected To Hit Five Figures Hayes has issued a bold Ethereum price forecast, predicting that the second-largest cryptocurrency could soar as high as $10,000 or even $20,000 before the end of the cycle. In a recent interview, the BitMEX co-founder dismissed the notion that Ethereum would need to retest the $3,000 level before making a move toward new highs, pointing instead to its previous rally above $4,000. Related Reading: Bitcoin’s Next Stop For 2025? $175,000, According To SOL Strategies Boss Notably, Ethereum successfully confirmed support at $4,109 after a sharp surge earlier this month. As a result, crypto analysts like Donald Dean project that ETH could climb to $4,867—or even set a new all-time high near $5,706. As for Hayes, he revealed that he has already re-entered the market, buying back Ethereum after previously taking profits when the asset broke above $4,000. The BitMEX founder emphasized that once Ethereum clears its prior peak, the path upward would resemble “a gap of air,” with limited resistance until significantly higher valuations. This conviction, he argued, is reinforced by the fact that crypto-native firms are actively raising capital to allocate into ETH. According to Hayes, the ability of these firms to secure funding will only increase if Ethereum breaks into uncharted price territory. His projection of a $10,000 to $20,000 price point is also tied to the political and economic backdrop in the US. The BitMEX co-founder suggested that any digital asset supported by US President Donald Trump would likely benefit from massive speculative inflows, thereby boosting the broader market. When asked which cryptocurrency he would primarily invest in between Ethereum and Solana, Hayes responded that both digital assets would appreciate during the bull run. However, he revealed that he was more partial to Ethereum, highlighting that the scale of capital chasing ETH made it a more attractive bet. Powell Speech Signals Softer Fed Policy Shift While speculations about Ethereum’s next price target, US monetary policy appears to be entering a pivotal phase. Recent reports following the Fed Chair’s speech at Jackson Hole indicate that Powell may be hinting at the possibility of a rate cut. During his speech, Powell highlighted the shifting balance of risks, acknowledging that while inflationary pressures persist, the slowdown in employment growth requires careful consideration. He further pointed to the effects of higher tariffs, which are beginning to show up in consumer prices, with core PCE inflation rising to 2.9% in July—a 10% increase from the previous month. Related Reading: Crypto Strategist Sounds The Alarm: Bitcoin Surge Could Clash With Fed Reserve Goals The Fed chair also reiterated that with policy already in restrictive territory, the central bank can “proceed carefully.” Nevertheless, his comments left the door open for an adjustment in stance, with markets widely interpreting them as laying the groundwork for a rate cut at the upcoming FOMC meeting. Featured image from Unsplash, chart from TradingView
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