Author: Kryptonews
Key points:Bitcoin faces problems recovering from its dip to $112,000 as traders agree on the odds of a fresh dip.Nasdaq Performance is on the radar as overheated RSI conditions raise concerns over a crypto knock-on effect. A senior Federal Reserve official puts faster interest-rate cuts on the table.Bitcoin (BTC) attempted to flip $113,000 to support on Wednesday as traders buckled up for BTC price weakness into Q4.BTC/USD one-hour chart. Source: Cointelegraph/TradingViewNew BTC price bottom targets include $108,000Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hovering near its daily open level.The pair saw only a modest rebound from its slump…
Lamina1, the blockchain content platform founded by sci-fi author Neal Stephenson, has partnered with Consensys’ layer-2 network Linea to bring creator-owned media to Ethereum.The collaboration aims to change digital storytelling by giving creators control over their intellectual property and a direct channel to their communities, according to an announcement shared with Cointelegraph. The partnership includes investments from Joe Lubin, co-founder of Ethereum and CEO of Consensys, as well as Systemic Ventures. “Neal Stephenson is one of the leading figures in cyberpunk,” Lubin said. “Lamina1 is now perfectly positioned to be at the forefront of the onchain revolution in content creation,”…
September was a breakout month for Binance-backed decentralized exchange Aster. The platform notched three major records that reflect its rapid ascent in decentralized finance (DeFi). From Ethereum inflows to overtaking rivals in trading activity, Aster’s growth is attracting traders, whales, and influencers alike. Ethereum Locked in Aster Surpasses 331,000 According to DefiLlama data, the amount of ETH locked in Aster reached 331,864 Ethereum as of September 23. This follows a sharp spike in the final week of the month.Sponsored Sponsored Amount of Ethereum Locked in Aster. Source: DefiLlama The milestone reflects a wave of liquidity rotation into the protocol. It…
TL;DR Ethereum holds $4,100 support while falling wedge and Wyckoff setup hint at strong upside potential. Price compression near 20-week MA builds, with eyes on $3,550–$3,750 as key dip zone. ETH Q4 rallies in 2017 and 2020 suggest seasonal strength may repeat in late 2025. Pullback Tests Support as Compression Builds Ethereum (ETH) is trading near $4,200 after a sharp decline from recent highs close to $4,950. The correction puts the asset down nearly 20% from its peak. Despite the drop, some market participants are watching key price levels as potential areas of interest. Michaël van de Poppe, a market…
Key takeaways:AVAX’s 10% to $33 on Tuesday is fueled by Avalanche treasury initiatives. Avalanche’s network growth in TVL and stablecoin market cap shows booming DeFi adoption.AVAX’s rounded bottom pattern projects a short-term target at $55, and $212 in the longer term. Avalanche’s AVAX (AVAX) token surged 10% to trade above $33 on Tuesday amid a broader crypto market downturn, bucking the sell-off trend. AVAX price is up 21.5% from its local low of $29, driven by institutional momentum, signaling renewed confidence in the layer-1 token.AVAX/USD four-hour chart. Source: Cointelegraph/TradingViewPositive fundamentals boost AVAX’s priceThe Avalanche Foundation has made several moves to bolster AVAX’s…
The London-based nonprofit space Yan Du Project (YDP) has named Billy Tang as its artistic director, just ahead of the opening of its new home this October in a Grade I-listed townhouse on Bedford Square in London. Tang starts in his role this month. YDP is the second nonprofit founded by ARTnews Top 200 Collector Yan Du, following the launch of Asymmetry Foundation in London in 2019. While Asymmetry has centered on nurturing curators and facilitating the understanding of Sinophone contemporary art, YDP aims to cast its net wider, focusing on Asian and Asian diaspora artists. Related Articles The appointment…
Key Takeaways Ethena Labs’ synthetic dollar stablecoin USDe will soon be listed on US-based Kraken, signaling its first entry into the American market. USDe differs from traditional fiat-backed stablecoins (like USDC) by maintaining its USD peg using delta-neutral hedging with BTC and ETH derivatives. Share this article Kraken announced that Ethena Labs’ synthetic dollar stablecoin USDe will be listed soon, marking the token’s first availability on a US-based exchange.USDe, a synthetic dollar stablecoin designed to maintain a value pegged to the US dollar through hedging strategies rather than traditional fiat reserves, differentiates itself from fiat-backed alternatives like USDC through delta-neutral…
The Global M2 Money Supply has been on the rise over the last year, reaching new peaks in the process. This chart was widely applied to the Bitcoin price as analysts believed that it projected Bitcoin reaching new peaks. So far, the Bitcoin price has already climbed to $124,400 with the money supply chart, and now, analysts are applying the same Global M2 Money Supply chart to the Ethereum price, showing that the altcoin could land at 5-figures soon. What The Global M2 Money Supply Says About Ethereum Price Crypto and market analyst Ted Pillows has taken another route when…
Key Takeaways:WLFI will launch an Apple Pay-friendly debit card and retail application that will be linked to its USD1 stablecoin, allowing frictionless payments in crypto.The partnership with Bithumb, the second-largest Korean exchange, would gain access to a 72b Asian crypto market.USD1 stablecoin enters the stratosphere, with a valuation of $3B, due to integration on multi-chain and buyback-and-burn programs managed by the community.World Liberty Financial (WLFI) a crypto-fintech start-up funded by the Trump family has affirmed high profile product entries into the consumer payments market. The company will introduce an iPhone Pay-friendly debit card and a retail application, and the USD1…
Wall Street veteran and founder of SkyBridge Capital, Anthony Scaramucci, is joining the advisory board of Avax One, the Nasdaq-listed firm formerly known as AgriFORCE Growing Systems, in a high-profile move that sent Avalanche (AVAX) surging 11% intraday.The company announced plans to raise $550 million to build a digital asset treasury focused on Layer-1 blockchain Avalanche, making the token central to its corporate strategy.“Scaramucci is doubling down on Avalanche,” Avalanche shared in its X post yesterday.The funding will be split between a $300 million private investment in public equity placement and $250 million through equity-linked instruments, led by HiveMind Capital. More…
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