Key Notes Ethereum slid nearly 6% to around $4,180 after briefly testing $4,100 support. Open Interest fell back to early-September levels while taker volume turned sharply negative. A popular whale dumped 1,000 ETH, echoing a pattern that led to previous price surges. Ethereum ETH $4 188 24h volatility: 6.3% Market cap: $505.35 B Vol. 24h: $44.19 B price faced sudden selling pressure on September 22, dropping from just below the $4,500 mark to intraday lows near $4,100. At press time, ETH hovers around $4,180, down 6% in 24 hours. The…
Tag: High
Bitcoin Mining Difficulty Hits New All-Time High Again in September
The Bitcoin (BTC) mining difficulty, a metric that tracks the relative challenge of adding new blocks to the ledger, climbed to a new all-time high of 142.3 trillion on Friday. Mining difficulty hit successive all-time highs in August and September, driven by an influx of freshly deployed computing power over the last several weeks. Bitcoin’s hashrate, the average of the total computing power securing the decentralized monetary protocol, also hit an all-time high of over 1.1 trillion hashes per second on Friday, according to CryptoQuant. The rising mining difficulty and…
Bitcoin Difficulty Hits Fresh High With Network Power Steady Over 1 Zettahash
While Bitcoin’s hashrate hums along at 1 zettahash per second (ZH/s), the network’s difficulty just cranked up another 4.63%, locking in a fresh peak at 142.34 trillion. Bitcoin blocks just got 4.63% tougher to mine after the latest difficulty bump. As of 2:35 p.m. Eastern time Friday, the network’s hashrate clocks in at 1,016.17 exahash […] Original
Binance Stablecoin Reserves Hit Record High
Key Notes ERC20-based USDT reserves surge to roughly $32.6 billion, offsetting a TRC20 decline. Single-day inflows on Binance recently exceeded $2.1 billion in USDT and USDC. Analysts see rising institutional deposits and a possible bullish Q4 for crypto markets. Binance’s total stablecoin holdings have climbed to a record $45 billion as traders prepare for potential Q4 volatility. Market analysts suggest this fresh liquidity may strengthen the exchange’s ability to support large trades, creating a more attractive environment for traders. Data from CryptoQuant shows a clear shift toward Ethereum-based ETH $4…
MYX Finance (MYX) Is 45% Up: New All-Time High on the Way?
Key Notes MYX emerged as the top gainer among the leading 100 cryptocurrencies. The token is getting close to its all-time high of $19. The crypto market looks bullish amid US Fed discussions. MYX Finance (MYX), the native token of the decentralized derivatives platform with the same name, recorded an impressive rally to lead the gainers’ list over the past 24 hours. MYX is up 45% over the past day and is trading at $16.14 at the time of writing. Its market cap surpassed the $3 billion mark again, making…
No New All-Time High Expected, Year-End Target At $4,300
Following an all-time high (ATH) reached last August, Ethereum (ETH), the market’s second-largest cryptocurrency, has found itself in a consolidation phase, trading between $4,200 and $4,700. This price range reflects a broader stagnation in the cryptocurrency market, as various digital assets, including Bitcoin (BTC), struggle to regain the momentum that led both BTC and ETH reach new records above $124,000 and $4,9000 respectively. Notably, Citigroup, the third-largest investment bank in the United States, has tempered expectations for the Ethereum price, forecasting a year-end price target of $4,300 for the altcoin.…
Crypto Analyst Debunks XRP Price To $10,000 Claims, Reveals How High It Can Go
The XRP community often sees bold predictions about where the token’s price could go, with some supporters suggesting the price might one day hit $10,000. A well-known crypto analyst has explained that such a number is not realistic, even though the XRP price still has room for strong growth. His remarks give investors a more balanced perspective, focusing on what the market can actually support rather than unrealistic expectations. Analyst Debunks $10,000 XRP Price Target As Unrealistic The discussion picked up after pro-XRP commentator Xaif shared a video featuring market…
Bitcoin Sticks To $115,000 as Gold Sets a Fresh Record High
Key points: Bitcoin attempts to liquidate longs at the Wall Street open with $115,000 a focus. Markets are flipping short ahead of Wednesday’s Federal Reserve meeting. Gold hits fresh all-time highs above $3,700 before correcting. Bitcoin (BTC) wobbled at Tuesday’s Wall Street open as analysis eyed potential liquidations. BTC/USD one-minute chart. Source: Cointelegraph/TradingView Bitcoin leverage spikes with longs at risk Data from Cointelegraph Markets Pro and TradingView showed BTC/USD becoming unsettled as the US trading session began. Price gyrated between $114,800 and $115,300 while surrounded by blocks of liquidity on…
How High Can Ethereum Price Go Right After Fed Rate Cut?
Ethereum’s native token, Ether (ETH), has fallen 5.73% from its weekend high near $4,766, retreating as traders trim risk ahead of Wednesday’s Federal Reserve interest rate decision. ETH/USD daily price chart. Source: TradingView The pullback reflects caution in the market, but the bigger question is whether the Fed’s potential dovish shift could reignite Ethereum’s rally and how far the next move might extend. ETH price can rally 45% in a breakout scenario Ether bulls are defending the 20-day exponential moving average (20-day EMA; the green wave) near $4,450, showing resilience…
Dogecoin Price Just Broke A Regional High For The First Time This Year, Why A 300% Rally To $1 Is Possible
Crypto analyst XForce has revealed that the Dogecoin price just broke a regional high, following its reclaim of the $0.3 level. In line with this, he predicted that the meme coin could rally to a new all-time high (ATH) and reach the psychological $1 level. Dogecoin Price Eyes 300% Rally To $1 Following Break Above Regional High In an X post, XForce predicted that the Dogecoin price could record a rally of over 300% to the psychological $1 level. This came as he noted that DOGE just broke above the…