Tag: Market

Ethereum Leads Market While Altcoins Lose Ground – Details

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Ethereum is trading at a critical level after several days of selling pressure and mounting speculation, with bulls struggling to maintain momentum as Bitcoin and the broader crypto market turn bearish. Price action has shifted into a cautious phase, and ETH now faces the challenge of defending key demand zones that could determine the weeks ahead. Related Reading Despite this pullback, Ethereum remains the standout performer in the market. Fresh data from Glassnode reveals that over the past month, no altcoin sector has outperformed ETH, although DeFi and Layer 2…

Binance Targeted For Alleged Market Manipulation

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The Bitcoin price has experienced a notable downturn, with the market’s largest cryptocurrency retracting 8% in the monthly time frame. This decline has sparked significant criticism on social media, particularly against the crypto exchange Binance, which some investors accuse of contributing to the current market slump. Binance Behind The Bitcoin Price Slump? Market analyst DeFitracer shared insights on social media site X (formerly Twitter), questioning why the market is experiencing a sell-off despite what he describes as an oversaturation of positive catalysts.  These include record inflows into crypto exchange-traded funds…

Pudgy Penguins Token Declines Sharply in August Amid NFT Market Downturn

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Pudgy Penguins’ native token slipped on Friday despite the project’s new title ranking among Apple’s top downloads. The PENGU (PENGU) token fell by nearly 4% on Friday, following the launch of Pudgy Party, a battle royale game released on Android and iOS, regardless the game recording over 50,000 downloads on the Google Play store and landing in the top 10 most downloaded games on Apple’s App Store. Pudgy Penguins is a popular non-fungible token (NFT) project in the crypto space. The project supplements its onchain digital presence with trading cards,…

Crypto “waiting room” ahead of Market Top in Q1 2026: Raoul Pal

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The cryptocurrency market may be in the “waiting room” ahead of the next phase of the price discovery stage, in a development that may see institutional capital extend the historical four-year cycle, according to industry watchers. As the crypto market is awaiting its next catalyst, the “slow business cycle’s” liquidity dynamics may extend the traditional four-year cycle into the first or second quarter of 2026, according to Raoul Pal, founder and CEO of Global Macro Investor “Many key parts of the crypto ecosystem are in the waiting room ready to…

Bitcoin Price Watch: Market Sentiment Neutral, But Structure Remains Bearish

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Bitcoin’s price hovered at $110,919 to $111,100 on Aug. 29, reflecting a cautious market amid persistent bearish sentiment. With a market capitalization of $2.19 trillion and a 24-hour trading volume of $40.13 billion, bitcoin moved within a tight intraday range of $109,568 to $113,291. Bitcoin The broader trend, assessed through the daily chart, remains decisively […] Original

Bitcoin ETFs flip Ethereum in inflows as market cooldown continues

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After leading ETF inflows for seven straight days, Ethereum has finally been overtaken by Bitcoin. The shift comes as the broader crypto market shows signs of cooling and investors reassess their positions. Summary Bitcoin ETFs recorded $179 million in inflows on August 28, surpassing Ethereum’s $39.2 million. It is the first time in over a week that Bitcoin ETFs have outpaced Ethereum in daily net inflows. Bitcoin trades around $113,200, down 3% over 24 hours, while Ethereum hovers near $4,333, down roughly 13% from its all-time high. Bitcoin (BTC) ETFs…

Bitcoin Miner Selling A Risk To The BTC Bull Market?

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Key takeaways: Bitcoin miners sold $485 million worth of BTC during a 12-day period ending Aug. 23. Despite miners selling, Bitcoin’s network hashrate and fundamentals remain resilient. Bitcoin (BTC) reclaimed the $112,000 mark on Thursday, recovering from a six-week low hit just two days prior. Despite the bounce, traders remain uneasy as Bitcoin miners have been offloading coins at the fastest pace in nine months. The question is whether this signals the start of deeper trouble or if other factors are driving the recent outflows. Bitcoin miners’ 5-day average net…

Tether Unleashes $1-B In New USDT As Crypto Market Recovers

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Tether minted 1 billion in USDT on Wednesday, a move that market watchers say added fresh liquidity to crypto markets already moving higher. Related Reading Based on reports, the total crypto market cap bounced from an intraday low near $3.80 trillion to about $3.90 trillion on the same day, while Bitcoin traded around $112,300 and Ether reclaimed levels near $4,600. The minting stood out because it often signals ready cash that can be deployed quickly into exchanges and trading desks. Tether Minting Sparks Liquidity Flows New USDT issuance is frequently…

Bitcoin and the crypto market braced as economist warns on the Fed cuts

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Bitcoin and the broader crypto market are on edge as a top economist, whom Donald Trump nominated to the Federal Reserve in 2019, downplayed the impact of the upcoming interest rate cut.  Summary Stephen Moore, a top US economist, has downplayed the impact of the coming Federal Reserve interest rate cut. He believes that the main interest rate that the Fed should cut is the Interest on Reserves. The main potential catalyst for the crypto market will be the October ETF approvals. Bitcoin (BTC) price was trading at $112,645 at…

CFTC Adopts Nasdaq Financial Market Monitoring Tool to combat Market Manipulation

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The Commodity Futures Trading Commission (CFTC), a US financial regulator, is integrating a financial surveillance tool developed by stock exchange company Nasdaq in a bid to overhaul its 1990s infrastructure. Nasdaq’s software is focused on detecting market abuse, including insider trading activity and market manipulation in equities and crypto markets, Tony Sio, head of regulatory strategy and innovation at Nasdaq, told Cointelegraph. He said: “Tailored algorithms detect suspicious patterns unique to digital asset markets. It offers real-time analysis of order book data across crypto trading venues and cross-market analytics that…