Author: Ethan Carter

Altcoins made a significant rebound on Tuesday after experiencing a notable sell-off in the preceding 48 hours, as traders took advantage of the lower prices to enter the market again. XRP spearheaded the recovery, surging 6% within the last 24 hours. Solana (SOL) and Dogecoin (DOGE) each rose approximately 4.5%, while Ethereum (ETH) gained 5% during the same timeframe. Open interest in these tokens also increased, indicating renewed speculative engagement. XRP stood out once more, with its open interest growing by 4.2% in the last day. This uptick coincides with CME Group’s announcement earlier on Tuesday that its crypto futures…

XRP futures open interest declines 30% to $7.7B while prices dip from $3.66 to $2.98. Whale inflows indicate selling pressure, keeping XRP near the $3 support level. Analysts maintain a long-term bullish outlook, with 2025 price targets exceeding $5 still plausible. The open interest in XRP futures has seen a notable drop this month, revealing decreased speculative interest as the cryptocurrency stabilizes below $3. Though this decline raises concerns about immediate momentum, historical data suggests that a less leveraged market might present accumulation opportunities. Decline in Open Interest Indicates Reduced Speculation XRP’s futures open interest has decreased by 30% over…

Key takeaways:Ether gained 5% following a “Monday trap,” but the risk from leverage is increasing as Binance’s ELR hits all-time highs.With $1.65 billion in stablecoin inflows and 208,000 ETH withdrawals, accumulation remains strong.Maintaining $4,700 for ETH keeps the possibility of reaching $5,000 alive, while a drop below it could lead to a sharper correction.Ether (ETH) has demonstrated resilience against Bitcoin (BTC) by overcoming the latest “Monday Trap,” a recurring phenomenon where leveraged longs experience significant liquidations at the beginning of the week. While ETH surged by 5% on Tuesday, BTC’s growth was limited to just 1%.Data shows that Mondays typically…

Overview Rumors suggest that Apple is set to unveil the iPhone 17 series, featuring an ultra-slim iPhone 17 Air. Pro models may come with reverse wireless charging capability to charge AirPods or other devices. Anticipate enhancements to AI-driven Siri, Apple Watch, and AirPods Pro. Apple has officially scheduled its fall keynote for September 9 at the Steve Jobs Theater in Cupertino, with speculation running high. As usual, the event invite doesn’t reveal much, but the Apple rumor mill is buzzing about what we can expect.Here’s a summary of the most credible rumors, along with some wilder claims that may or…

error code: 524

XRP’s price movements this cycle have seen significant bull runs. However, according to a crypto analyst known as CryptoBull, the true bull run has yet to commence. A technical analysis shared on X by this analyst suggests that once XRP starts its bull run, it could surge to as much as $37. Analyst Claims XRP Bull Run Is Still Pending XRP has experienced dramatic price fluctuations in the past week, ranging between $2.78 and $3.12 as volatility heightened across the broader crypto market. The token began the week at $2.86 following a sharp decline, soared back above $3.07 midweek, then…

Hong Kong is rapidly advancing its digital finance sector through the tokenization of real-world assets (RWA), exchange-traded funds (ETFs), and new regulations for stablecoins. However, high costs and compliance requirements continue to impede smaller issuers. On August 26, trading volumes for the city’s six virtual asset ETFs reached HK$56.4 million ($7.2 million), indicating steady investor interest amidst broader market volatility. RWA Tokenization Faces Steep Entry Costs RWA initiatives aim to enhance global liquidity and broaden access for investors. Nevertheless, the costs remain a significant barrier. Issuing a single tokenized product can exceed RMB 6 million ($820,000), as reported by PANews.…

For many investors, especially those who’ve weathered multiple crypto winters, it’s evident that Bitcoin operates in roughly four-year cycles. Until 2022, there were claims that Bitcoin would consistently stay above previous highs.This trend occurred in 2011, 2014, and 2018. However, in 2022, following the FTX collapse, Bitcoin’s price plummeted to $15,000, dipping below the critical $20,000 mark that was fleetingly touched in December 2017.As speculation about Bitcoin’s peak value in the current cycle, expected to conclude around late October 2025, ensues, the research team at Diaman Partners has sought insights on estimating Bitcoin’s minimum value for 2026, particularly if another…

Most investors, particularly those who have weathered one or more crypto winters, now recognize that Bitcoin operates in cycles of approximately four years. Until 2022, many believed Bitcoin would consistently stay above its previous peaks.This phenomenon occurred in 2011, 2014, and 2018. However, in 2022, the price of Bitcoin plummeted to $15,000 due to the FTX collapse, falling below the critical $20,000 threshold, which was briefly surpassed for a few days in December 2017.While there’s much speculation about Bitcoin’s potential peak value in the current cycle, expected to conclude by late October 2025, the research team at Diaman Partners has…

Summary Kanye West announced on Tuesday that his Instagram account was compromised to promote a fraudulent YZY token. The counterfeit token briefly surged to a $7 million market cap before plummeting to approximately $160K. Kanye’s legitimate token has dropped 81% from its peak and currently holds a market cap of around $73 million. Kanye West’s official Solana meme coin, YZY, has decreased nearly 81% since its launch just a week ago as he faces an Instagram hack promoting a fake version of the same token. The authentic YZY token on Solana rose nearly 1% today, while the counterfeit version has dropped…