Tag:

Rebound

Dogecoin Price Stages Big Rebound as Volume Rockets 65%

by admin September 29, 2025

Dogecoin (DOGE), the king of meme coins, has staged a big rebound as the volume recorded a massive uptick in the last 24 hours. DOGE’s price has climbed by over 2.55%, higher than Bitcoin’s 2.5%. CoinMarketCap data shows Dogecoin’s volume has skyrocketed by more than 65% within this period.

Is SEC decision on DOGE ETFs behind market optimism?

Dogecoin is witnessing this level of volume increase as the market anticipates key decisions from the U.S. Securities and Exchange Commission (SEC). Notably, the SEC has a deadline to rule on over a dozen DOGE exchange-traded funds (ETFs). The SEC has to decide on these applications in October.

The volume spike might be a sign that investors are actively accumulating the meme coin in anticipation of a possible approval. Many believe that an approval could increase institutional adoption and trigger further price increases.

Polls on the crypto market have placed the approval chances of the spot DOGE ETF at 92%.

Additionally, the Altcoin Season Index has increased to 66, signaling more funds are rotating from Bitcoin to assets like DOGE.

As of press time, the Dogecoin price was changing hands at $0.2369, which represents a 3.27% increase in the last 24 hours. The meme coin, within this time frame, rose from a low of $0.2292 to a peak of $0.2375, suggesting potential for higher price levels.

Dogecoin Daily Price Chart | Source: CoinMarketCap

The trading volume has soared by 80.25% to $2.35 billion as market participants are gripped by a fear of missing out (FOMO). They are likely accumulating the asset as the price is still below the critical $0.30 level.

If DOGE can break out above this price resistance level, the meme coin could proceed to post impressive gains. Some believe that this might be the last opportunity for investors to buy Dogecoin cheaply, as prices could soar astronomically if technical patterns align.

Utility push adds long-term value for Dogecoin

Meanwhile, Timothy Stebbing, Director, Dogecoin Foundation, is pushing for more utility for the meme coin. Stebbing argued that increased utility will drive the adoption of DOGE in the broader financial space. The goal is to ensure that DOGE gains acceptance and pulls in more users to the ecosystem.

The meme coin’s golden cross formation could support its upward movement and allow it to exit bear traps in the market. Dogecoin is likely to surge past $0.50 if a bullish breakout occurs, and the leading cryptocurrency, Bitcoin, records a surge too.

Source link

September 29, 2025 0 comments

Crypto Trends

3,859,993,178 SHIB Shorts Liquidated in Surprise Crypto Rebound: What’s Next?

by admin September 29, 2025

Crypto markets rebounded over the weekend as short covering fueled gains across altcoins.

Major altcoins, including Shiba Inu, have climbed in the last 24 hours, partially reversing last week’s sell-off. About $433.28 million in crypto liquidations were recorded in this time frame, mostly from short positions. According to CoinGlass data, $330 million were liquidated in short positions, while longs came in at $104.76 million.

At press time, SHIB was trading up 3% in the last 24 hours to $0.00001209. Shiba Inu surged to a high of $0.00001224 during Sunday’s trading session.

The move follows Saturday’s drop to a low of $0.00001172, catching shorts unaware. According to CoinGlass data, 3,859,993,178 SHIB in short positions have been liquidated in the last 24 hours.

Given that Shiba Inu has seen mixed price performance in recent hours, a substantial amount of long liquidations also occurred. A total of $91,880 in Shiba Inu positions were liquidated in the last 24 hours. Longs accounted for $46,310, and shorts came in at $45,570.

Big week ahead?

This week, investors are looking ahead to several economic releases, including a key jobs report.

The highlight of the week will be the nonfarm payrolls for September, set to be released on Friday morning by the Bureau of Labor Statistics.

Economists expect Friday’s jobs report to show 59,000 jobs added, and for the unemployment rate to remain steady at 4.3%, with a negative reading not being ruled out.

The report is expected to influence the path of monetary policy, with traders pricing in two more interest rate cuts for the rest of 2025, in line with what the Fed indicated in its last meeting.

Source link

September 29, 2025 0 comments

Solmate launches with $300m to establish Solana treasury in UAE

NFT Gaming

Solana wipes out billions, key catalysts hint at rebound

by admin September 29, 2025

Solana crashed to a vital support level last week as sentiment in the crypto worsened and liquidations jumped.

Summary

Solana has wiped out billions in value this month, with over $400 million in bullish positions liquidated as investors pull back.
Still, inflows into the new REX-Osprey SOL + Staking ETF and the upcoming Alpenglow network upgrade offer potential catalysts for a rebound, setting the stage for a possible retest of $250 if the token can hold key support levels.

SOL crashes as liquidations jump

Solana (SOL) token plummeted to a low of $192, down by 20% from its highest level this month, erasing billions of dollars in value.

CoinGlass data shows that Solana bulls suffered substantial liquidations during this crash. Most of these liquidations occurred last Monday, when they jumped to over $250 million.

Solana positions worth $82 million were liquidated on Friday, bringing the cumulative weekly figure to over $400 million. Liquidations of bullish trades are a bearish catalyst because it means that exchanges are shutting down bullish positions.

The surge in liquidations coincided with the substantial decline in the futures open interest. Data shows that the open interest dropped to $13.4 billion on Sunday, down from the monthly high of $17.1 billion. Falling open interest is a sign that investors are staying in the sidelines during this crash.

Still, Solana has some bullish catalysts that may drive it higher in the coming weeks. The first one is the recently launched REX-Osprey SOL + Staking ETF (SSK), which continues to experience inflows, a sign of robust demand. It now holds about $301 million in assets, making it one of the biggest altcoin ETFs.

In line with this, Solana will benefit when the Securities and Exchange Commission approves the multiple spot SOL ETFs that companies like Canary and Grayscale have filed. SSK’s performance is a sign that investors are still interested in the coin.

Additionally, Solana’s Alpenglow upgrade is scheduled for release in the coming months, which may enhance its performance. This upgrade will introduce new features in the network, including faster speeds and a transition from the proof-of-authority architecture to proof-of-staking.

Solana price technical analysis

SOL price chart | Source: crypto.news

The daily timeframe chart shows that the Solana price crashed and bottomed at $191 last week. This was a significant level as it coincided with the bottom of the trading range of the Murrey Math Lines and the 38.2% Fibonacci Retracement level.

The decline also coincided with the 100-day Exponential Moving Average. Therefore, it is likely that the SOL price will bounce back and possibly retest the psychological level at $250. Such a move would imply a 26% upside from the current level.

A drop below the ascending trendline that links the lowest swings since June will invalidate the bullish Solana price forecast.

Source link

September 29, 2025 0 comments

NFT Gaming

Above $110K; ETH, SOL, DOGE Rebound as Crypto Fear & Greed Sinks

by admin September 27, 2025

Crypto markets modestly bounced on Friday with BTC$111,480.33 back above $110,000. Ethereum’s ETH$4,005.03 outperformed with a 3.8% gain to cross $4,000, while DOGE$0.2316 rose 3.4% and SOL$201.48 added 2.5%.

The cautious bid came as fresh inflation data landed squarely in line with forecasts. The Fed’s preferred measure of prices, the Personal Consumption Expenditures (PCE) index, rose 2.7% year-over-year in August, while core PCE excluding food and energy climbed 2.9%.

The data report reinforced the Fed’s narrative of gradually easing price pressures, said Fabian Dori, CIO at Sygnum Bank, but it also leaves policymakers balancing sticky inflation with a softer labor market backdrop.

“For investors, the implications are twofold: if inflation trends lower, risk assets may find support from confidence in the Fed’s easing cycle,” he said. “But any upside surprises in coming data could push back short-term rate cut expectations, weighing on equities and boosting the U.S. dollar.”

Crypto sentiment turns fearful

Meanwhile, sentiment in crypto remained fragile. The Fear & Greed Index, a well-followed sentiment indicator, plummeted to 28 on Friday, its most depressed level since mid-April signaling “fear” among traders. That reflected recent volatility after Thursday’s $1.1 billion liquidation wave wiped out leveraged long positions.

The Crypto Fear & Greed Index sunk to its lowest since April’s correction. (Alternative.me)

“In recent days, roughly $3 billion of levered longs have been liquidated,” noted Matt Mena, strategist at digital asset manager 21Shares. With excess leverage largely flushed out, he said positioning has swung to an extreme bearish, Mena noted: popular tokens such as BTC, SOL, and DOGE now show a long-to-short ratio of just one-to-nine.

That, combined with the Fear & Greed Index at near extremes lows, “sets the stage for a potential short squeeze,” Mena argued.

Paul Howard, senior director at trading firm Wincent, didn’t share to positive outlook and warned that the market could drift lower before stabilizing. He pointed to BTC dipping below its 100-day moving average under $110,000 and the total crypto market cap sliding under $4 trillion as signs of weakness.

“The market is in a healthy correction without panic or significant uptick in volatility,” he said. “It is likely that we grind lower the coming weeks,” adding he is beginning to question whether crypto revisits record highs in 2025.

Read more: Trump Tariffs, GDP Rattle Markets, ETFs Bleed: Crypto Daybook Americas

Source link

September 27, 2025 0 comments

GameFi Guides

XRP price rebound incoming as XRPR ETF assets hits $10m

by admin September 21, 2025

XRP price has pulled back in the past few days despite some highly bullish catalysts, including the warm reception of the REX-Osprey XRPR ETF and the rising odds of Act 33 ETF approvals by the Securities and Exchange Commission.

Summary

XRP price has formed a large bullish flag chart pattern.
Data shows that the XRPR ETF has added over $10 million in assets.
That is a sign that there is strong demand for XRP assets.

XRPR ETF inflows are rising

Ripple (XRP) dropped to the critical support at $3, down by 6.6% from its highest point this week and 19% below the year-to-date high.

The recently launched REX-Osprey XRPR ETF is seeing strong demand from American investors. Data shows that the fund’s volume on the first day was about $37.7 million, making it the best debut in terms of volume this year. Its volume then came in at $15 million on the second day.

$GDLC (the first spot crypto ‘5’ basket ETF) did $22m on its first day as an ETF. Really solid. $DOJE did $12m and $XRPR did $15m. All of them crush the avg ETF launch altho far cry from bitcoin. Still, gotta be happy with that if you are those issuers.

— Eric Balchunas (@EricBalchunas) September 19, 2025

According to its website, the fund’s assets have now jumped to over $10.9 million. This is a notable achievement because it is an expensive fund with an expense ratio of 0.75%.

It is also a sign that there is robust for XRP assets. For one, the other leveraged XRP ETFs like Teucrium’s XXRP and ProShares’ UXRP have gained over $430 million and $120 million assets in the past few months.

Similarly, the CME XRP Futures have had substantial demand, with the open interest crossing the $1 billion milestone within weeks.

This is a sign that the upcoming Act 33 XRP ETFs by companies like Franklin Templeton, Invesco, Bitwise, and Canary will see robust demand. Analysts expect that the SEC will approve them in October, with Polymarket odds jumping to 96%.

XRP price technical analysis

XRP chart | Source: crypto.news

Technical analysis suggests that the XRP price will rebound, potentially towards the ETF approval. It is currently forming a giant bullish flag pattern. It has already completed the formation of the flagpole section and is now creating the flag.

XRP price has remained above the 100-day Exponential Moving Average and the strong, pivot, reverse point of the Murrey Math Lines tool.

Therefore, the token will likely rebound and possibly surge to $4.2970, the extreme overshoot. This price is about 45% above the current level.

Source link

September 21, 2025 0 comments

Crypto Trends

Crypto Funds See $3.3 Billion Comeback, Bitcoin And Ethereum Lead Rebound

by admin September 16, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Last week was a good week for digital asset investment products, which attracted a collective $3.3 billion in inflows, according to the latest weekly report from CoinShares. The latest inflow numbers pushed assets under management (AuM) back to $239 billion, just shy of August’s all-time high of $244 billion. The rebound in inflows, which came after shedding $352 million the previous week, was due to softer-than-expected US macroeconomic data and strong end-of-week price gains across the crypto market.

Bitcoin And Ethereum Lead The Turnaround

Unsurprisingly, Bitcoin recorded the strongest shift in sentiment. Particularly, investment products based on the leading cryptocurrency witnessed $2.4 billion in inflows, its largest weekly total since July. The prevailing bullish sentiment throughout the week meant that short-Bitcoin products saw modest outflows that pushed their AuM to just $86 million.

Ethereum also swung back into positive territory after eight consecutive trading days of outflows. It registered $646 million in inflows, buoyed by four straight daily sessions of positive investor sentiment. This was a quick turnaround from the $912 million in outflows the previous week.

Source: Chart from CoinShares

Other assets also benefited, with Solana-based products achieving their largest-ever single-day inflow of $145 million on Friday and ending the week at a $198 million inflow total. XRP-based products added $32.49 million, while SUI, Cardano, and Chainlink products saw inflows of $13.96 million, $1.04 million, and $1.54 million, respectively. The recovery across multiple altcoins is a noteworthy improvement in institutional confidence compared to earlier weeks of downward pressure.

Regional Trends Show US Dominance

The flows into digital asset funds were overwhelmingly concentrated in the United States, which saw $3.2 billion in inflows. Most of these were into Spot Bitcoin and Spot Ethereum ETFs, which witnessed $2.34 billion and $637.69 million inflows last week, according to data from SoSoValue.

Digital asset funds based in Germany followed with $160 million and capped the week with their second-largest daily inflow on record. However, Switzerland-based products stood out on the downside and registered $92 million in outflows that partially offset Europe’s gains.

Looking at providers, iShares ETFs in the US attracted $1.1 billion in new funds, Fidelity’s Wise Origin Bitcoin Fund added $850 million, and Bitwise and ARK 21Shares ETFs combined for over $360 million. Meanwhile, Grayscale drew in nearly $147 million, though it is still on net outflows year-to-date.

The recovery in fund flows has lifted overall AuM for digital asset investment products to $239 billion, just 2% below August’s all-time high of $244 billion. Continued inflow this week could see the overall AuM hitting a new all-time high this week.

Bitcoin is dominating the AuM ranks with $182 billion, which is a 76.15% stake. Ethereum, on the other hand, accounts for $40 billion. The third highest AuM is Solana with $4.1 billion. Although it is far behind, Solana has witnessed impressive AuM growth this year.

Overall crypto market at $3.96 trillion | Source: TOTAL on Tradingview.com

Featured image from Pixabay, chart from Tradingview.com

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Source link

September 16, 2025 0 comments

NFT Gaming

BTC Price Teases Rebound as DOGE, WLD, HYPE, ENA Pop: Crypto Daybook Americas

by admin September 8, 2025

By Omkar Godbole

The bearish sentiment that followed Friday’s disappointing U.S. nonfarm payroll data quickly ran out of steam over the weekend. That has allowed a few coins, including Ethena’s ENA, worldcoin WLD$1.2232, hyperliquid (HYPE) and dogecoin DOGE$0.2334, to post impressive gains in the last 24 hours.

Bitcoin BTC$112,080.20, which dropped below the key support level of $112,000 after the report, now appears to be forming a bullish inverse head-and-shoulders pattern, often a precursor to a strong rally. BTC’s mining difficulty hit a new high and Strategy (MSTR) Executive Chairman Michael Saylor hinted at additional BTC purchases.

On-chain indicators, however, paint a more nuanced picture for the largest cryptocurrency: The proportion of illiquid supply has surged to record highs, signaling holder conviction. Yet, as CryptoQuant points out, whales are offloading coins at the fastest pace since 2022.

Meanwhile, a lively debate unfolded on X regarding the health of the Ethereum blockchain. One observer pointed to August’s revenue of $39.2 million, the fourth-lowest since 2021, proclaiming, “Ethereum is dying.”

In response, Tom Dunleavy, a senior research analyst at Messari, pushed back strongly, noting that Ethereum and Solana are thriving in terms of total value locked (TVL), active addresses, transaction volume, application revenue and stablecoin activity. He emphasized that revenue alone is a misleading metric for blockchain networks, as it contradicts their fundamental goal of enabling low-friction, decentralized financial activity and could ultimately hinder ecosystem growth.

Ethena’s governance token, ENA, surged to three-week highs after StablecoinX, a treasury company linked to a synthetic dollar issuer planning a Nasdaq listing, raised $530 million saying it intended to buy the tokens. The protocol’s robust fundamentals, highlighted by seven-day revenues of $53 million — more than double those of Hyperliquid — combined with anticipated benefits from StablecoinX’s Nasdaq listing and potential Federal Reserve interest-rate cuts, position ENA as a compelling investment opportunity, according to pseudonymous observer Crypto Stream.

Speaking of Hyperliquid, the layer-1 blockchain and decentralized exchange’s plans to launch its own USDH stablecoin sparked a governance battle, with the community facing backlash over a proposal tied to Stripe’s Bridge platform’s centralized influence.

On the macro front, the yen held steady against the dollar, shrugging off Prime Minister Shigeru Ishiba’s resignation. France, meanwhile, seemed headed toward government collapse.

In the U.S., the Bureau of Labor Statistics (BLS) will release annual benchmark revisions on Tuesday, which are expected to show significantly weaker job growth earlier in the year, with some surveys suggesting that between 500,000 and 1 million jobs could be revised away. Stay alert!

What to Watch

Crypto
- Sept. 9: Shares of SOL Strategies (HODL), a Canadian company focused on investing in and providing infrastructure for Solana’s ecosystem, are expected to start trading on the Nasdaq Global Select Market under the ticker symbol STKE. OTCQB trading as CYFRF will end, and shares will continue on the Canadian Securities Exchange as HODL.
- Sept. 10, 9:15 a.m.: Comptroller of the Currency Jonathan V. Gould will talk about digital assets at the CoinDesk: Policy & Regulation Conference in Washington.
Macro
- Sept. 9, 8 a.m.: Mexico’s National Institute of Statistics and Geography releases August consumer price inflation data.
  - Core Inflation Rate MoM Prev. 0.31%
  - Core Inflation Rate Prev. 4.23%
  - Inflation Rate MoM Prev. 0.27%
  - Inflation Rate YoY Prev. 3.51%
- Sept. 9, 10 a.m.: The U.S. Bureau of Labor Statistics releases preliminary annual benchmark revision to employment data.
  - Nonfarm Payrolls Annual Revision Prev. -818K
- Sept. 10, 8 a.m.: The Brazilian Institute of Geography and Statistics (IBGE) releases August consumer price inflation data.
  - Inflation Rate MoM Prev. 026%
  - Inflation Rate YoY Prev. 5.23%
- Sept. 10, 8:30 a.m.: The U.S. Bureau of Labor Statistics releases August producer price inflation data.
  - Core PPI MoM Est. 0.3% vs. Prev. 0.9%
  - Core PPI YoY Prev. 3.7%
  - PPI MoM Est. 0.3% vs. Prev. 0.9%
  - PPI YoY Prev. 3.3%
Earnings (Estimates based on FactSet data)
- Sept. 9: GameStop (GME), post-market, $0.19

Token Events

Governance votes & calls
- Lido DAO is voting on a proposal to migrate Nethermind’s ~7,000 Ethereum validators to infrastructure operated by Twinstake, a staking provider co-founded by Nethermind. Voting ends Sept. 8.
- Uniswap DAO is voting to establish “DUNI,” a Wyoming DUNA as its legal entity, preserving decentralized governance while enabling off-chain operations and liability protections, with $16.5M in UNI for legal/tax budgets and $75K UNI for compliance. Voting ends Sept. 8.
- Uniswap DAO is voting on an updated Unichain-USDS Growth Plan to accelerate adoption through performance-based incentives and DAO-guided distribution. The proposal introduces minimum KPIs, a “no result, no reward” model. Voting ends Sept. 9.
- Hyperliquid to vote on who issues its USDH stablecoin. Major contenders include Paxos, Frax and a coalition involving Agora and MoonPay. Voting takes place Sept. 14.
Unlocks
- Sept. 9: Sonic (S) to unlock 5.02% of its circulating supply worth $46.02 million.
- Sept. 11: Aptos APT$4.3482 to unlock 2.2% of its circulating supply worth $48.86 million.
- Sept. 15: Starknet (STRK) to unlock 5.98% of its circulating supply worth $15.66 million.
- Sept. 15: Sei SEI$0.2982 to unlock 1.18% of its circulating supply worth $16.01 million.
- Sept. 16: Arbitrum ARB$0.5000 to unlock 2.03% of its circulating supply worth $46.05 million.
Token Launches
- Sept. 8: Openledger (OPEN) to be listed on Binance Alpha, MEXC and others.
- Sept. 8: OlaXBT (AIO) to be listed on Binance Alpha and others.

Conferences

The CoinDesk Policy & Regulation Conference (formerly known as State of Crypto) is a one-day boutique event held in Washington on Sept. 10 that allows general counsels, compliance officers and regulatory executives to meet with public officials responsible for crypto legislation and regulatory oversight. Space is limited. Use code CDB15 for 15% off your registration.

Token Talk

By Oliver Knight

Memecoins are showing fresh signs of life after months in the doldrums, with several popular tokens posting gains on Monday. The rally comes despite lingering skepticism following a string of celebrity-linked launches that flamed out earlier this year.
Bonk BONK$0.0₄2210, a Solana-based, dog-themed token, led the charge with a nearly 7% daily gain. Dogecoin DOGE$0.2334, the original memecoin, also climbed more than 7%, reaching $0.2335, while newer entrants like spx6900 SPX$1.3292 and pump.fun (PUMP) each outperformed the wider altcoin market.
The CoinDesk Meme Index (CDMEME) has gained 2.20% in the past 24 hours, outpacing the broad market CoinDesk 20 Index measure, which added 1.27%.
Other speculative assets, including the irreverently named fartcoin (FARTCOIN), also found buyers, adding to the sense of momentum across the sector. The rally suggests renewed appetite among retail traders for high-risk, high-reward bets after weeks of sideways action in the broader crypto market.
The rally marks a sharp turnaround for the sector, which has been depressed for months. A series of celebrity-driven launches, including TRUMP and MELANIA coins, drew headlines in recent months but quickly collapsed under the weight of poor liquidity, questionable tokenomics, and investor fatigue.
Layer-1 blockchain MemeCore (M), which is designed to cater to the memecoin sector, ignited the fuse last week, climbing 164% over a seven day period.
The wider crypto market cap is up 0.57% to $3.84 trillion as majors bitcoin BTC$112,080.20 and ether (ETH) began to lift themselves away from a critical level of support, suggesting renewed strength for the altcoin and memecoin markets as a result.

Derivatives Positioning

By Omkar Godbole

DOGE, SUI and HYPE have seen double-digit gains in futures open interest over the last 24 hours, significantly outpacing other top cryptocurrencies.
Dogecoin OI surged to 16.88 billion DOGE, the highest since July 31, validating the 7.5% surge in the cryptocurrency’s price. The token has broken out of a descending trendline characterizing the pattern of lower highs since mid-July.
BTC’s OI in USDT and USD-denominated perpetuals on major exchanges continues to hover in the recent range of 270K-290K BTC. An increase above 290K may be a harbinger of renewed price volatility.
On the CME, BTC’s standard futures OI remains at April lows while the ETH futures OI has pulled back to 1.87 million ETH from the record high of 2.2 million ETH, indicating capital outflows.
On Deribit, XRP and SOL calls trade at a premium to puts across all tenors, indicating a bullish bias. Meanwhile, BTC and ETH options signal lingering downside concerns.

Market Movements

BTC is up 0.39% from 4 p.m. ET Friday at $112,087.64 (24hrs: +0.8%)
ETH is up 0.26% at $4,328.09 (24hrs: +0.54%)
CoinDesk 20 is up 1.25% at 4,079.43 (24hrs: +1.92%)
Ether CESR Composite Staking Rate is down 9 bps at 2.81%
BTC funding rate is at 0.0091% (9.9634% annualized) on Binance

DXY is unchanged at 97.73
Gold futures are unchanged at $3,651.60
Silver futures are up 0.66% at $41.83
Nikkei 225 closed up 1.45% at 43,643.81
Hang Seng closed up 0.85% at 25,633.91
FTSE is up 0.10% at 9,217.42
Euro Stoxx 50 is up 0.49% at 5,344.27
DJIA closed on Friday down 0.48% at 45,400.86
S&P 500 closed down 0.32% at 6,481.50
Nasdaq Composite closed unchanged at 21,700.39
S&P/TSX Composite closed up 0.47% at 29,050.63
S&P 40 Latin America closed up 1.14% at 2,801.75
U.S. 10-Year Treasury rate is unchanged at 4.086%
E-mini S&P 500 futures are up 0.19% at 6,502.25
E-mini Nasdaq-100 futures are up 0.34% at 23,764.75
E-mini Dow Jones Industrial Average Index are up 0.11% at 45,510.00

Bitcoin Stats

BTC Dominance: 58.47% (unchanged)
Ether-bitcoin ratio: 0.03853 (-0.56%)
Hashrate (seven-day moving average): 973 EH/s
Hashprice (spot): $51.88
Total fees: 3.23 BTC / $358,958
CME Futures Open Interest: 134,065 BTC
BTC priced in gold: 30.8 oz.
BTC vs gold market cap: 8.72%

Technical Analysis

DOGE’s daily chart with the Ichimoku cloud. (TradingView/CoinDesk)

DOGE’s two-day price rise has taken it past the trendline characterizing the decline from July 21’s high of 28.7 cents.
Prices now look to be crossing into bullish territory above the Ichimoku cloud, a widely tracked momentum indicator.
That would shift the focus to 25.58 cents, the Aug. 14 high.

Crypto Equities

Coinbase Global (COIN): closed on Friday at $299.07 (-2.52%), +0.81% at $301.50 in pre-market
Circle (CRCL): closed at $114.56 (-2.49%), +0.7% at $115.35
Galaxy Digital (GLXY): closed at $23.49 (+2.53%), -0.38% at $23.40
Bullish (BLSH): closed at $52.35 (+6.81%), -0.78% at $51.98
MARA Holdings (MARA): closed at $15.19 (+0.53%), +0.33% at $15.24
Riot Platforms (RIOT): closed at $13.29 (+0.99%), +0.3% at $13.33
Core Scientific (CORZ): closed at $13.62 (0%), +1.32% at $13.80
CleanSpark (CLSK): closed at $9.24 (+1.76%), +0.54% at $9.29
CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $29.45 (+0.96%)
Exodus Movement (EXOD): closed at $24.03 (-1.15%)

Crypto Treasury Companies

Strategy (MSTR): closed at $335.87 (+2.53%), -2.02% at $329.10
Semler Scientific (SMLR): closed at $28.12 (+0.11%)
SharpLink Gaming (SBET): closed at $14.94 (-3.21%), -0.37% at $14.88
Upexi (UPXI): closed at $6.04 (-4.58%), +2.65% at $6.20
Mei Pharma (MEIP): closed at $4.23 (-0.94%), -20.33% at $3.37

ETF Flows

Spot BTC ETFs

Daily net flows: -$160.1 million
Cumulative net flows: $54.47 billion
Total BTC holdings ~1.29 million

Spot ETH ETFs

Daily net flows: -$446.8 million
Cumulative net flows: $12.74 billion
Total ETH holdings ~6.42 million

Source: Farside Investors

Chart of the Day

Monthly purchases of bitcoin by BTC Treasury companies. (CryptoQuant)

The chart shows that companies have significantly slowed their purchases of BTC in recent months.
In August, Strategy and other firms cumulatively added 3,700 BTC to their stash, down from 134,000 BTC in November last year.
The slowdown in buying helps explain BTC’s stalled price rally.

While You Were Sleeping

EasyJet Founder Adds Crypto Trading to His Cut-Price Empire (Bloomberg): Stelios Haji-Ioannou will launch easyBitcoin this month with Uphold, saying President Trump’s election pushed crypto into the mainstream and promising lower-cost bitcoin and ether trading under his expanding “easy” brand.
Hyperliquid Faces Community Pushback Against Stripe-Linked USDH Proposal (CoinDesk): Hyperliquid’s plan to replace USDC with a native stablecoin has drawn bids from Stripe, Paxos, Frax and an Agora–MoonPay coalition, with validators set to choose the USDH issuer Sept. 14.
Crypto Exchange HashKey Plans $500M Digital Asset Treasury Fund (CoinDesk): The Hong Kong–based exchange is launching a $500 million fund targeting digital asset treasury projects, starting with bitcoin and ether, to build an institutional bridge between traditional financial capital and on-chain assets.
Russia Unleashes Largest Drone Assault of War, Setting Government Building Ablaze (The New York Times): 805 drones and 13 missiles reached Ukraine on Sunday, with 60 drones and nine missiles getting through. Debris from a downed drone set Kyiv’s Cabinet of Ministers building on fire.
Japanese Lawmakers Launch Leadership Bids After PM Resigns, Yen Sinks (Reuters): Japan’s ruling party will choose a new leader Oct. 4 after Shigeru Ishiba’s Sunday resignation, fueling expectations of looser fiscal policy and a delay to Bank of Japan rate hikes.
Javier Milei Suffers Stinging Setback in Buenos Aires Polls (Financial Times): A Peronist coalition beat Javier Milei’s grouping in Argentina’s largest province as voter anger over soaring living costs and a corruption scandal tied to his sister Karina eroded his support before October’s congressional midterms.

In the Ether

Source link

September 8, 2025 0 comments

GameFi Guides

$0 Dogecoin Short Liquidations, Big Twist for DOGE Rebound

by admin September 7, 2025

Dogecoin (DOGE), the king of meme coins, has fallen by over 1.10% in the last 24 hours, as its performance triggers liquidation for long but not short traders. As per CoinGlass data, in the last 60 minutes, short position traders have not suffered any losses amid the mild price decline.

One-sided liquidations signal possible DOGE bottom

Meanwhile, long position investors have seen $320,810 wiped out within the same one-hour time frame. The one-sided pressure on bullish traders with no forced exit on bears suggests that although Dogecoin declined, it was not enough to affect bears.

You Might Also Like

It could signal the end of a downside for DOGE as weak hands exit the market. If this continues to play out, it represents the perfect setup for Dogecoin to rebound.

Notably, as per historical data, Dogecoin downside exhaustion usually precedes a rebound for the meme coin. If the current pattern lingers, Dogecoin is likely to recover, with the price moving in an upward direction.

As of this writing, Dogecoin is changing hands at $0.2143, representing a 1.3% decline in the last 24 hours. DOGE dropped from a daily high of $0.2207 to its current level. However, the price dip has not affected investors’ appetite to acquire the meme coin.

Trading volume has soared by 35.98% to $2.16 billion within the same period. This suggests investors are looking to take the opportunity of the dip to increase their portfolio.

Crypto traders anticipate Dogecoin “god candle”

As recently reported by U.Today, there is high anticipation of a bullish move for Dogecoin.

You Might Also Like

Kaleo, a renowned crypto trader, noted that DOGE was long overdue for a “god candle” in its Bitcoin pairing. This could support a massive spike in the price of the meme coin in an instant.

With Dogecoin holders anticipating an unexpected price explosion for the meme coin, the waiting game is on as market observers monitor price movements.

Source link

September 7, 2025 0 comments

GameFi Guides

XRP Rebound Under Threat as 785,700% Hourly Liquidation Imbalance Stuns Long Traders

by admin September 4, 2025

XRP has continued its volatility battle, with the asset again failing to soar in price as anticipated by investors. This has sparked concerns about its rebound move as it registered a 785,700% liquidation imbalance in the last hour.

Bitcoin dominance weakens XRP’s recovery prospects

According to CoinGlass data, long position traders have suffered $202,180 in losses within the last 60 minutes as XRP momentum weakened. The asset climbed to an intraday peak of $2.88 before fizzling out as low trading volume could not support its climb.

You Might Also Like

This triggered losses for bullish investors who were anticipating a sustained rally in the market. However, volatility continued as the price declined. As of this writing, XRP is changing hands at $2.82, representing a 1.14% decline in the last 24 hours.

Volume remains deep in the red zone by 25.02% at $4.53 billion. The asset’s technical chart shows XRP has slipped below its seven-day exponential moving average (EMA) of $2.85. This has further increased selling pressure and XRP’s fluctuations.

Additionally, the rise in Bitcoin dominance has worsened the threat to XRP’s rebound move as investor interest shifts from altcoins.

Meanwhile, short position traders also witnessed a mild loss of $25.73 within the same time frame due to the liquidation triggered by the price volatility.

XRP ETF approval, key catalyst for sustained rally?

XRP will likely continue to witness these price fluctuations until it finds a solid bottom. As per the Bollinger Bands indicator, the asset is still flashing warnings, which suggests that a breakout might not happen, particularly with the low volume.

You Might Also Like

However, an outside catalyst like news of its exchange-traded fund (ETF) approval could trigger a sustained rebound. Despite the deafening silence from the Securities and Exchange Commission (SEC) on the approval of pending applications, many continue to believe that an XRP ETF will happen this 2025.

Nate Geraci of the ETF Store maintains that an approval is inevitable even as the SEC decision day inches closer.

Source link

September 4, 2025 0 comments

GameFi Guides

Ethereum Leads Market Rotation Amid Shifting Liquidity On Binance, Is A Rebound In Sight?

by admin September 3, 2025

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

After days of downward pressure and decline, Ethereum, the leading altcoin, appears to be staging a comeback as it surges toward the $4,400 price level. Despite the period of bearish price action, the second-largest asset continues to see serious interest from investors, especially on the Binance crypto platform.

Liquidity Migration, And Ethereum Is Dominating The Trend

As the market turns bearish, liquidity flows and investor behavior on Binance, the world’s largest cryptocurrency exchange, are revealing a clear market rotation. In the midst of this crucial market shift is Ethereum, as the altcoin heavily dominates the trend.

Following his analysis, Darkfost highlighted that ETH is gaining a disproportionate amount of trading activity on the Binance platform while capital moves across assets. This dominance of ETH indicates a renewed belief in the asset’s ongoing rally and long-term potential.

According to the on-chain expert and author, a noticeable change in investor behavior occurred on Binance during the month of August, which marked the first of its kind since 2023. Meanwhile, Ethereum took the center stage with a massive increase in trading volume over other major assets.

ETH trading volume surges | Source: Chart from Darkfost on X

In addition to dominating other major assets listed on Binance, the altcoin outpaced Bitcoin’s trading volume on the platform. This spike in interest coincides with ongoing market volatility, underscoring ETH’s developing position as the hub of momentum and liquidity in the exchange ecosystem.

Data shared by Darkfost shows that ETH recorded nearly $550 trillion in trading volume on Binance in August alone. After calculating Binance’s trading volume, this figure represents roughly 54% of the total volume. Darkfost also highlighted that investor interest in the altcoin seems to have increased sharply on the Binance platform, which has triggered a clear liquidity rotation.

With most cryptocurrencies still struggling and Bitcoin recently reaching a new all-time high around $123,000, this dynamic has largely driven the increased attention to ETH and contributed to its current outperformance. Historically, a portion of the capital has tended to shift into ETH following a robust bullish leg from BTC before spreading to the rest of the market.

ETH Exchange Reserves Are Dropping

Another metric that reflects this renewed wave of interest is the Ethereum Exchange Reserve on Binance. Despite ETH’s continuous decline in price after reaching a new all-time high, Crypto Sunmoon’s quick-take post shows that demand for the altcoin remains strong compared to Bitcoin.

While Bitcoin reserves on the Binance platform have stayed comparatively constant, Ethereum reserves are exhibiting a persistent downward trend. According to the on-chain expert, this divergence implies that there is more demand for Ethereum than for Bitcoin, as market participants are actively accumulating ETH even during the present price consolidation phase.

Also, a declining exchange reserve is an indication that investors are moving their holdings off centralized exchanges to long-term storage or cold storage. Such a trend points to growing conviction among investors, which typically reduces selling pressure on ETH.

ETH trading at $4,310 on the 1D chart | Source: ETHUSDT on Tradingview.com

Featured image from Adobe Stock, chart from Tradingview.com

Source link

September 3, 2025 0 comments