TL;DR FLOCK and SKY posted strong gains in the past 24 hours after receiving support from Binance. The former performed much better, likely fueled by additional backing from Coinbase and Upbit. Green Candles After the Updates The world’s largest cryptocurrency exchange expanded the list of trading choices on its futures program to enhance users’ experience. […]
TL;DR ENA gained 20% weekly, testing $0.85 resistance while support remains strong near $0.70. Analysts point to buybacks and Binance’s USDe listing as catalysts for Ethena’s bullish momentum. Targets range from $1.25 to $5.00 if ENA holds above $0.68 and momentum continues. ENA Shows Strong Weekly Performance Ethena (ENA) has posted a sharp rise in […]
Following a phase of consistent flows into spot Ethereum exchange-traded funds (ETFs), investors are taking a break. This cool-off period comes as ether (ETH) hovers about 15% from its recent all-time high (ATH), and BTC remains range-bound between $108,000 and $113,000. Analysts at the cryptocurrency exchange Bitfinex revealed that Ethereum ETFs have just recorded their […]
A wave of digital asset supply is set to enter the market, potentially testing buyer appetite across the crypto landscape. According to the Tokenomist website, major projects will unlock more than $513 million in tokens between September 8 and 15. Key Unlocks and Market Backdrop Solana (SOL) will release 502,930 SOL worth almost $104 million. […]
TL;DR TD Sequential prints a 9-buy signal after weeks of decline, hinting at potential trend reversal. The asset breaks out of a falling wedge, confirming bullish structure and lifting PENGU into the previous range. Analysts are watching $0.042 as the next key resistance after a 13% gain and strong short-term buying interest. TD Sequential Signals […]
Last week, digital asset investment products shed $352 million, as investors remained cautious despite a supportive backdrop of softer US payrolls and growing expectations for a September rate cut. Alongside, trading volumes tumbled 27% week-over-week, in what appears to be signs of waning short-term interest. Even so, year-to-date inflows climbed $35.2 billion, outpacing last year’s […]
TL;DR Analysts believe SHIB can soon pump by double and even triple digits. The resurgence of Shiba Inu’s burning mechanism and the sharp rebound in Shibarium activity support the bullish thesis, but the RSI has reached near 70, signaling potential pullback. SHIB to Take Center Stage Again? The second-largest meme coin has not performed well […]
Tether CEO Paolo Ardoino has publicly addressed and dismissed circulating claims that the firm sold Bitcoin for gold. The controversy erupted on September 6, after YouTuber Clive Thompson suggested that Tether had quietly altered its investment strategy. Citing the company’s statements of assets, Thompson alleged that the firm had sold over $1 billion worth of […]
Markets declined last week after the US jobs reports confirmed that the labor market is visibly slowing down. Crypto assets have been range-bound over the weekend, awaiting another week that is packed with key inflation data. The Federal Reserve has two mandates: maximum employment and stable prices, and investors are about to receive data on […]
“The Lean Ethereum team has been doing a truly amazing job kicking into gear this year, and delivering on all fronts to ensure Ethereum’s long-term scaling, decentralization, and resilience,” said Vitalik on Sunday. He added that he expects all of these ideas to be ready to kick into gear at roughly the same time as […]