Key Notes Analyst suggests that Bitcoin is risking a drop toward $107K or $103K. Risk-Off Signal cooling suggests that downside pressure is easing. Stablecoin reserves on Binance growing, hinting at rising buying power. Bitcoin BTC $111 565 24h volatility: 1.5% Market cap: $2.22 T Vol. 24h: $47.16 B has started a rally above $110,000 earlier today, but analysts warn that the current price setup still leaves room for a $100,000 level retest. Popular crypto analyst Ali Martinez noted on X that BTC has just touched the upper boundary of its…
Category: Analysis
KuCoin Doubles Down on Vietnam Market With New Partnership
Key Notes KuCoin teams up with VBA and 1Matrix to accelerate blockchain development in Vietnam. The partnership combines global expertise, local resources, and policy advocacy. KuCoin continues its global expansion plans with BC Wong as its new CEO. Seychelles-based crypto exchange KuCoin has entered a Memorandum of Understanding (MoU) with the Vietnam Blockchain and Digital Assets Association (VBA) and 1Matrix Joint Stock Company. 🇻🇳 KuCoin has signed an MoU with @VietnamVBA and @1matrixvietnam to advance blockchain infrastructure and digital asset development in Vietnam. This collaboration focuses on:✅ Pilot trading platforms…
World Liberty Financial Burns 47M WLFI Tokens to Boost Price
Key Notes World Liberty Financial has burned 47 million WLFI tokens. Burn represents 0.19% of circulating tokens, cutting supply to 99.95 billion. WLFI still slipped 9% despite the move. The Trump family-backed World Liberty Financial has begun burning its native token WLFI to stabilize its price after a rocky launch. The platform burned 47 million WLFI tokens in the late hours of Tuesday, permanently removing them from circulation. According to CoinMarketCap, around 24.66 billion WLFI, just over a quarter of its 100 billion total supply, has been unlocked. The recent…
Crypto Exchange Volume Hits YTD High of $1.8 Trillion, Here Are Key Drivers
Key Notes For August, crypto exchanges’ spot trading volume climbed to $1.8 trillion. This coincides with an increase in Ethereum institutional interest and adoption. In recent months, Ethereum led market enthusiasm and even outperformed Bitcoin. For the first time since January this year, crypto exchange volume topped $1.8 trillion in August. Also, there was a notable rise in Decentralized Exchange (DEX) volume in August. Binance Leads Crypto Exchange Volume Rally According to The Block’s data dashboard, crypto exchanges saw their spot trading volume rise 5% in August from July’s $1.77 trillion. …
800M USDC Left CEXs in 24 Hours: What It Could Signal
Key Notes The second-largest stablecoin saw $800 million in withdrawals from CEXs. There are signs of less risk-taking movements as the market consolidates. Despite the outflows, 11.5 billion USDC tokens are still sitting in exchanges. The cryptocurrency market has been struggling over the past two weeks, as Bitcoin BTC $111 051 24h volatility: 0.4% Market cap: $2.21 T Vol. 24h: $47.70 B and many leading altcoins have recorded notable declines from their local and all-time highs. The global crypto market capitalization fell from $4.2 trillion on Aug. 14 to $3.8…
DOGE Price Eyes $1 Rally After $175 Million Dogecoin Treasury Announcement
Key Notes Expectations of the Fed rate Cuts in September could drive the DOGE price higher, with analysts predicting a rally to $1. Dogecoin whales controlling roughly 24.19 billion tokens have shown minimal trading activity, waiting for clearer market signals. CleanCore Solutions stock price has tanked more than 50%, despite $175 million Dogecoin treasury plan. Despite the current selling pressure, DOGE DOGE $0.22 24h volatility: 0.9% Market cap: $32.51 B Vol. 24h: $1.98 B price has bounced back from the support at $0.205 earlier today. This comes as CleanCore Solutions…
Ethereum Restaking Is New Trend: ETHZilla’s $100M Ether.fi Move
Key Notes ETHZilla is deploying $100 million into EtherFi to boost yield and strengthen Ethereum security. ETHZilla holds over 102,000 ETH, recently adding 20,000 ETH at an average price of $3,949. EtherFi leads liquid restaking protocols with TVL above $30 billion, outpacing Eigenpie. On Sept. 2, ETHZilla Corporation, a Nasdaq-listed Ethereum ETH $4 312 24h volatility: 1.5% Market cap: $520.27 B Vol. 24h: $32.20 B digital asset treasury backed by Peter Thiel, announced it will deploy $100 million into EtherFi, the leading liquid restaking protocol by total value locked. Another…
Billionaire Ray Dalio: Crypto Is Now Alternative Currency
Key Notes Dalio said that crypto has become a genuine alternative to the dollar. He warned that the US faces a “debt-induced heart attack” within three years. Dailo recently exited Bridgewater Associates after nearly 50 years. Billionaire investor Ray Dalio, founder of Bridgewater Associates, says cryptocurrency has become a true alternative currency. His comments follow growing doubts about the dollar and the United States’ financial system as debt and inflation climb under the Donald Trump administration. Ray Dalio said that Crypto is now an alternative currency that has its supply…
Live: Is Red September Back? What’s Happening in Crypto Market on Sept. 3
The start of the month has been quite dynamic for the cryptocurrency market. Bitcoin is trading at $110,000, significantly below the $123,000 reached in mid-August. Ethereum has dropped nearly 2% of its value in the last 24 hours, hovering around $4,300. Despite the recent downtrend, this price level still reflects a 30-day gain of over 21%. Meanwhile, Bitget Token, Fartcoin, Bitcoin Cash, and Ondo are among the top performers at the moment, with 24-hour gains ranging from 4% to 7%. next Disclaimer: Coinspeaker is committed to providing unbiased and transparent…
XRP Price at Tipping Point – Will It Explode or Collapse?
Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…