Key Notes On-chain data shows sustained accumulation, reinforcing expectations of an XRP price move toward $5–$5.50 in Q4. The Rex-Osprey XRP ETF (XRPR) launched with strong demand, generating $37 million in first-day trading volume. The SEC’s approval of new listing standards for crypto ETFs has strengthened market confidence, driving XRP price higher. Ripple’s native cryptocurrency XRP has been under selling pressure, correcting 5% over the past week. However, crypto market analysts continue to stay bullish with expectations of a rally to $10 and beyond. The successful debut of Rex-Osprey XRP…
Tag: Rally
Backed By CZ, Aster Token Ignites With 1,650% First-Day Rally
Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Related Reading Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures, Aster’s total value locked jumped from $660 million to $1 billion shortly after launch. The platform claims total users of 1.848 million, with seven-day new user additions hitting 617,379. Reports show daily figures of 53,332…
ETH Rally To $5K Likely As TradFi, ETF Flows Continue
Key takeaways: Strong onchain Ethereum activity and treasury accumulation sustain Ether’s resilience despite validator queue exit pressure. Spot Ether ETFs’ growth and declining exchange balances reinforce the bullish outlook, positioning ETH for a potential breakout. Ether (ETH) has failed to sustain bullish momentum after briefly rallying above $4,700 on Saturday. Traders have become increasingly risk-averse as Ethereum’s unstaking queue surged to $12 billion. Still, stronger network usage and the growing role of ETH as a corporate reserve asset could provide the spark for a breakout above the $5,000 mark. Blockchains…
MYX Token’s 1,400% Rally Likely the Result of Market Manipulation
Trading of the MYX token, the cryptocurrency of the MYX decentralized exchange (DEX), featured hallmarks of market manipulation, according to a report from AI infrastructure company Rena Labs and market intelligence company Insider.Cash. The report analyzed over 9,200 minute-by-minute data points between Sept. 9 and Monday, which found 249 trading anomalies regarding illiquidity, volume spikes, price ratios and trade intensity. The researchers found that MYX liquidity anomalies on the Gate exchange spiked by 433% on Sept. 9, with a total of 32 illiquidity events on Sunday and Monday, signaling either…
Bitcoin Price Capped At $117K, Will Altcoins Rally?
Key points: Bitcoin faced significant resistance at $117,500, indicating that the bears are unlikely to give up easily. Several major altcoins tried to break above their overhead resistance levels, but the bears held their ground, signaling selling on rallies. Bitcoin (BTC) continues to face significant resistance near $117,500, but a positive sign is that the bulls have kept up the pressure. That suggests the buyers are not rushing to the exit as they anticipate a move toward the all-time high of $124,474. BTC researcher Axel Adler Jr. said in a…
BNB Price Rockets To New ATH Amid Explosive Blockchain Fee Growth – More Rally Ahead?
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The general crypto community is buzzing with excitement, especially investors of the BNB, which recently made a historic upward run during the Thursday trading session. In an interesting development, its blockchain activity has also displayed significant resilience as fees generated from user engagement surge sharply. Soaring Fee Growth Coincides With BNB’s Price Surge Thursday marked a highly bullish day for BNB and its broader ecosystem. Following the ongoing resurgence of the crypto market, the Binance native coin…
Fed Rate Cut Fails to Seed Bitcoin Rally; Options Expiry Looms
Key Notes Glassnode highlighted that 95% of Bitcoin supply is in profit, but weaker spot flows and profit-taking are creating fragile sentiment. Around 30,000 BTC options worth $3.52 billion are set to expire today on Deribit, with a bearish put-call ratio. Investors are positioning for the dips, before BTC resumes journey to new all-time highs. Bitcoin BTC $116 579 24h volatility: 0.6% Market cap: $2.32 T Vol. 24h: $36.48 B price hasn’t shown much movement following the 25 bps Fed rate cut this week, and continues to flirt with $116,000…
Bitcoin Mining Stocks Rally: Bitfarms Surges 162%, Cipher Mining 40% in September
Key Notes Bitfarms reached one-year highs at $3.20 after ten consecutive trading days of gains and 174 million share volume surge. Cipher Mining hit 52-week peaks at $12.66 while delivering 313% returns over six months through AI diversification strategy. Mining companies pivot to artificial intelligence and high-performance computing as Bitcoin difficulty increases and transaction fees decline. Bitfarms and Cipher Mining emerged as standout performers in September’s Bitcoin mining stock surge, with both companies posting remarkable gains as the sector outpaced Bitcoin itself by significant margins. Bitcoin mining stocks experienced exceptional…
BTC Eyes 70% Rally Odds Toward New Highs
Key takeaways: Analysts see a 70% chance that Bitcoin hits fresh highs within two weeks. Spot ETF inflows and bullish futures premiums reinforce the upside outlook. Internal liquidity near $114,000-$113,000 could spark a brief pullback before a breakout. Bitcoin (BTC) is setting the stage for a potential rally, with analysts pointing to a 70% probability that the cryptocurrency could push toward fresh all-time highs within the next two weeks. According to Bitcoin researcher Axel Adler Jr., market conditions are currently balanced and primed for a move higher. Adler Jr. highlights…
SHIB Poised for 138% Rally on Whale Accumulation
Key Notes Shiba Inu burn rate has surged 438% in 24 hours, boosting sentiment for a SHIB price rally ahead. Whale activity added momentum, as nearly 1 trillion SHIB tokens worth $13 million were transferred to wallet “0x2CC8”. Regulatory shifts and Coinbase’s launch of SHIB futures under the “1k Shib Index” have fueled speculation about the possibility of a Shiba Inu ETF. Amid the broader crypto market rally, the second largest meme coin Shiba Inu SHIB $0.000013 24h volatility: 3.7% Market cap: $7.91 B Vol. 24h: $284.18 M is up…