Ethereum spot ETFs recorded $446.71 million in net outflows on Sept. 5. This is the second-largest single-day outflow since the products launched. Summary Ethereum ETFs saw $446.7m outflows Sept 5, second-largest since launch. BlackRock led with $309.9m in redemptions, followed by Grayscale and Fidelity. ETH trades near $4,300 after recent highs of $4,900 triggered profit-taking….
Chart of the week: M, IP, PUMP, SKY, POL altcoins could extend double-digit rallies
Dogecoin’s price is consolidating at $0.20 high-time-frame support, a region with multiple technical confluences. If this level holds, price action is well-positioned for a rotation toward $0.32 resistance. Summary DOGE consolidates at $0.20 high-time-frame support, backed by strong confluence. Market structure remains bullish, with $0.32 as the next major resistance. Declining volume suggests accumulation, with…
The Securities and Exchange Commission has formed a new cross-border task force to combat transnational fraud, including pump-and-dump schemes. Summary SEC says the task force will help combat transnational fraud, including market manipulation. As well as companies, the task force will go after intermediaries and gatekeepers. The United States Securities and Exchange Commission will take…
Decentraland price has staged a strong bullish reaction from support at the value area low, reclaiming its point of control. With accumulation phases maturing, price action suggests continuation toward higher resistance levels. Summary MANA rebounded from confluence support at the value area low and bullish order block. Market structure remains bullish with higher highs and…
President Aleksandr Lukashenko reportedly issued an ultimatum to his government, demanding long-overdue cryptocurrency oversight mechanisms after a state audit revealed half of all citizen investments sent abroad fail to return. Summary Belarus President Aleksandr Lukashenko demanded overdue crypto regulations after a state audit found half of investor funds sent abroad never return. Current oversight by…
Summary Ethereum does not just disappear after token burn, it can be issued in the form of Burned ETH or BETH. The Ethereum Community Foundation’s Zak Cole created BETH to keep a tokenized record or proof of burns. BETH is not redeemable for Ethereum at any point in the future; it is simply a receipt…
The altcoin season remains elusive this year as Bitcoin dominance has stayed in control. Summary Altcoin Season Index dropped to 52 from over 60 YTD, showing Bitcoin dominance. Fed rate cuts could trigger risk appetite, historically bullish for crypto. ETF approvals for XRP, DOGE, HBAR in October could spark demand. Data shows that the Altcoin…
Months after publishing its rulebook, Kazakhstan’s AFSA is putting its stablecoin regime to work. The regulator is now accepting license and supervision fees in U.S. dollar-pegged digital assets through a select group of agents. Summary Kazakhstan’s AFSA launched a pilot allowing regulatory fees to be paid in USD-pegged stablecoins. Bybit Kazakhstan is the first licensed…
Pepe coin price has formed a highly bullish falling wedge pattern, pointing to an eventual rebound, even as whales and smart-money investors continue dumping. Summary Pepe coin price has formed a falling wedge pattern on the daily chart. The coin has also settled at the ultimate support of the Murrey Math Lines. This rebound will…
