Author: Kryptonews
Key takeaways:Ether bears are getting louder as the price remains rangebound. Declining spot volume signals weak demand and increasing ETH price vulnerability.ETH price could drop to $3,500 if key support levels are lost.Ether (ETH) remains stuck in the $4,200-$4,500 range for two weeks, amid decreasing spot and institutional demand. This has made some traders bearish, eyeing ETH price falling to $3,500 before any potential recovery.ETH/USD four-hour chart. Source: Cointelegraph/TradingViewMarket sentiment turns negativeThe choppiness in Ether’s price, coupled with Bitcoin’s recent drop below $100,000, saw a shift in market sentiment as “sell calls” intensified, according to Santiment.“Traders have changed their tunes,…
Ethereum’s climb toward the coveted $5,500 mark has stalled, leaving the crypto market searching for its next decisive move. While the second-largest cryptocurrency struggles to build momentum, the spotlight has shifted to two unlikely contenders: Dogecoin, the meme coin that refuses to fade, and XYZVerse, a hype-driven newcomer aiming to break into the mainstream. Both tokens show promising technical setups, but the real test is whether they can break the $1 barrier—a milestone that could shape the narrative of the meme coin market.Ethereum (ETH)Source: TradingViewEthereum continues to capture the attention of traders, currently trading between $4245 and $5136 after a…
In brief Minister Jayant Chaudhary’s crypto investments grew 19% to $25,500 (₹21.31 lakh), marking the second year a Union minister disclosed digital asset holdings amid policy uncertainty. Mudrex’s survey of over 9,000 Indians revealed that 93% support crypto regulation, while 84% call the current 30% tax rate unfair compared to 12.5% equity taxation. The RBI’s opposition has driven government hesitation, with an internal document warning that regulation would grant crypto “legitimacy” while stablecoin use could “fragment” India’s UPI payment system. Indian Union Minister Jayant Chaudhary’s crypto investments have grown 19% to $25,500 (₹21.31 lakh), marking the second consecutive year a…
The undisputed XRP rich list Ripple Labs is by far the largest XRP (XRP) owner, controlling around 42% of the total 100 billion supply. This is unsurprising, as it is the company that developed the XRP Ledger and created the XRP digital currency.The San Francisco-based operation has its massive stake broken down into two categories:4.5 billion XRP in liquid holdings for operational use35 billion locked in escrow.Ripple runs an escrow release system where a predictable monthly amount of XRP is unlocked. Typically, 1 billion XRP is released per month using a smart contract mechanism on the XRP Ledger.This is a…
Ethereum layer-2 network Linea has restored its mainnet sequencer after a temporary performance degradation, the team said Wednesday.According to Linea’s status page, the issue was detected at around 5:52 am UTC. Engineers identified the root cause and deployed a fix less than an hour later, by 6:15 am UTC.The disruption affected Linea’s mainnet sequencer, which is responsible for ordering and batching transactions on the network. While the nature of the performance issues was not detailed, Linea confirmed on their status page that the problem was identified by 6:15 am UTC and was given a fix almost immediately. By 6:32 am UTC,…
Two major Ethereum layer-2 networks, Linea and Polygon, experienced operational setbacks on Sept. 10, adding to concerns about the reliability of scaling solutions.The incidents come around a week after Starknet, another Ethereum layer-2 network, suffered a four-hour outage, underlining the challenges of keeping rollup systems consistently online.Linea outage coincides with airdrop planLinea, the Ethereum Layer 2 network developed by Consensys, has returned to normal operations following a nearly hour-long unexpected pause in block production.Data reviewed from Lineascan confirmed a 46-minute gap between blocks 23,144,386 and 23,145,387 before the system returned online.The disruption was tied to reduced performance from the mainnet…
Ethereum-tracking exchange-traded funds have turned a corner after nearly a week of heavy redemptions. The funds saw fresh inflows on September 9, breaking a multi-day losing streak that had drained hundreds of millions from the market. Summary Ethereum ETFs ended a six-day outflow streak with $44.16 million in inflows on September 9, led by BlackRock’s ETHA. The losing streak had seen more than $780 million pulled, including record daily outflows of $447 million on September 5. ETH holds support near $4,280 as it trades above $4,300, reflecting consolidation before a potential move higher. Ethereum ETFs recorded a $44.2 million net…
Bitcoin BTC$112,221.01 hovered around $111,500 on Monday, keeping a tight range as traders weigh macro catalysts for cues on positioning.Ether (ETH) traded near $4,312, XRP XRP$2.9689 held $2.96, BNB (BNB) at $880, and Solana’s SOL (SOL) climbed to $218. Dogecoin DOGE$0.2403 extended its 11.6% weekly gain to 24 cents, outpacing most major cryptocurrencies as the first-ever memecoin ETF looks set to go live for trading in the U.S. on Thursday.The market tone stayed tentative. “Crypto prices treaded water much of the past week, but with BTC lagging noticeably both vs its peer group as well as vs equities and spot…
Ripple is deepening its ties with BBVA, announcing on Tuesday an agreement to provide its institutional-grade digital asset custody technology to support the Spanish bank’s expanding crypto operations. Key Takeaways: BBVA will use Ripple’s custody tech to manage BTC and ETH for retail clients in Spain. The partnership builds on earlier collaborations in Switzerland and Turkey. Ripple’s expansion reflects a broader post-MiCA push by European banks into crypto. The new deal will see BBVA use Ripple Custody to manage bitcoin (BTC) and ether (ETH) holdings for retail customers in Spain, according to a Tuesday announcement.The move comes following the bank’s…
Football—or, for Americans, soccer—has as of late traded its stadium roots for streetwear cachet. Designers from Martine Rose to Demna have folded jerseys and cleats into their collections, while “blokecore” has made its way into the wardrobes of Dua Lipa and Hailey Bieber. Now, Nike is leaning in, reviving its early 2000s Total 90 line and inviting artists and collectives to reinterpret the jersey. The latest contribution comes from Anne Imhof, the German artist whose sprawling performances fuse music, film, and choreography and which won her a Golden Lion at the 2017 Venice Biennale. For her first brand collaboration, Imhof translated the…
Risk Disclosure:
Trading cryptocurrencies and financial instruments involves significant risk and may lead to the loss of your entire investment. Cryptocurrency prices are highly volatile and can be influenced by financial, regulatory, or political events. Before engaging in trading, carefully assess your risk tolerance, financial situation, and seek professional advice if necessary. The information provided on kryptonews.com.pl may not always be real-time or accurate, and prices may differ from actual market values. Kryptonews.com.pl and its data providers are not responsible for any losses or damages resulting from trading decisions or reliance on the information presented. All content is protected by intellectual property laws. Any use, reproduction, modification, storage, or distribution of website content without explicit permission is prohibited. Kryptonews.com.pl may receive compensation from advertisers based on user interactions.