Ethereum Nears $4K as $4B Supply Overhang Looms: Analysts Fear Deeper Losses
Ethereum (ETH) is struggling to hold above $4,200 after a sharp sell-off triggered widespread liquidations across the crypto market. It has dropped nearly 9% over the past week, with traders bracing for a potential retest of the $4,100 level. Data from CoinGlass shows that more than $178 million in positions were liquidated in the past…
More Pain For Bitcoin? Open Interest Surpasses $40 Billion As Longs Crowd In
After hitting a new all-time high (ATH) of $124,474 on Binance on August 13, Bitcoin (BTC) has tumbled toward $113,000, with the next major support zone around $110,000. Analysts warn that more downside could still be ahead for the top cryptocurrency. Bitcoin To Fall More? Crowded Long Trade Gives Hint According to a CryptoQuant Quicktake…
Whale Sell-Off and ETF Uncertainty Drag XRP Lower: Is $2.8 Just a Stop Before Deeper Losses?
XRP slipped below the critical $3.00 level this week, extending its losing streak as whale sell-offs and regulatory uncertainty weighed heavily on the market. Currently trading at $2.8, XRP has made a 3.68% decline in the past 24 hours, with trading volume rising slightly by 0.82% to $6.85 billion. The latest downturn comes after on-chain…
Is The Bitcoin Treasury Bubble Popping? Expert Answers
In a thread on August 19, analyst Miles Deutscher argued that MicroStrategy’s market-implied net asset value (mNAV) premium—the core gear in Michael Saylor’s Bitcoin acquisition flywheel—has compressed sharply, weakening the feedback loop that helped the company outpace Bitcoin through most of the cycle. “Michael Saylor built the craziest BTC flywheel in history. But his buying…
Ethereum Captures Investor Frenzy, Overtakes Bitcoin With Nearly $3-B Surge
Digital-asset investment products pulled in $3.75 billion last week, lifting assets under management to $244 billion on August 13. The total ranks among the largest weekly inflows seen recently, CoinShares data shows. Prices rose, but the main driver was money moving into funds rather than a broad retail rush. Concentrated Flows From A Single Product…
Bitcoin Price Faces Heavy Obstacles on Its Recovery Journey
Bitcoin price is attempting to recover from $112,500. BTC is back above $114,000 but faces many hurdles on the way up to $120,000. Bitcoin started a recovery wave above the $113,500 zone. The price is trading below $115,000 and the 100 hourly Simple moving average. There is a key bearish trend line forming with resistance…
TRON Defies the Market: Outpaces Ethereum, XRP, and Solana in BTC Pair Performance
TRON (TRX) has maintained relative stability despite recent market-wide corrections, recording only a minor decline of around 2% over the past week. The asset continues to hold above $0.35, reflecting steadiness when compared to other major altcoins. On a longer time frame, TRON remains in an upward trend, posting a 4.7% gain in the last…
Ethereum Price Gains Fade as Key Barriers Hold Firm, Another Dip Possible
Ethereum price started a recovery wave from the $4,050 zone. ETH is now back above $4,220 but it faces many hurdles near $4,400. Ethereum started a recovery wave above the $4,150 and $4,220 levels. The price is trading below $4,350 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance…
Goldman Sachs Predicts Trillion-Dollar Stablecoin Boom In Crypto Market
As traditional financial firms increasingly explore the integration of stablecoins into their operations, Goldman Sachs has made a bold prediction: the stablecoin sector could soon reach valuations in the trillions. This optimism comes on the heels of significant regulatory developments, most notably the recent introduction of the GENIUS Act, which aligns state and federal frameworks…
XRP Price Recovery Stalls, Signs Point Toward Renewed Selling Pressure
XRP price is showing bearish signs below the $3.00 resistance zone. The price is struggling to recover above the $2.950 and $3.00 levels. XRP price is declining below the $3.00 and $2.950 levels. The price is now trading below $2.950 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance…