Author: AltCoinDrops.com
Ethereum (ETH) has been consolidating between $4,200 and $4,700 after setting an all-time high last August. While many investors anticipate a strong fourth quarter, Citigroup has issued a tempered outlook, projecting ETH to close the year at $4,300. Related Reading According to a Reuters report, Citi attributes Ethereum’s demand to the growing adoption of tokenization and stablecoins. However, the bank cautions that much of ETH’s recent price action may be fueled by market sentiment rather than fundamentals. The note highlighted, “Current prices are above activity estimates, potentially driven by buying pressure and excitement over use-cases.” ETH’s price trends to the…
Perplexity AI, a fast-growing ChatGPT rival, is turning heads with a bold market call: Perplexity predicts that XRP, Pepe, and Shiba Inu could deliver massive gains as crypto enters a high-momentum phase heading into the year-end rally.Momentum is already building. Bitcoin smashed through its previous all-time high last month, climbing to $124,128 before cooling slightly after a surprise jump in July inflation.Now, with the Federal Reserve officially cutting interest rates by 0.25% at today’s meeting, market sentiment has flipped firmly risk-on – a historically bullish trigger for altcoins and meme coins alike.On the policy front, President Trump’s GENIUS Act, signed…
Bitcoin’s MACD Golden Cross: More Than Just TA Magic?As the cryptocurrency market navigates through a complex web of regulatory scrutiny, macroeconomic fears, and global tensions, Bitcoin (BTC) has quietly formed a bullish technical pattern that many seasoned traders view as significant—the elusive MACD golden cross. While retail sentiment remains cautious and broader markets wobble amid confusion, this rare momentum signal could be offering a glimpse into Bitcoin’s next major move: a potential rally targeting $160,000 by October 2024. But can this technical pattern be trusted? Or is it yet another indicator that only the most informed will recognize in hindsight?Understanding…
Cardano founder Charles Hoskinson has continued to predict the doom of Ethereum, sharing a new perspective to support his persisting prophecy. Hoskinson appeared on an exclusive CoinDesk interview and again insisted that Ethereum will fall. He highlighted the failed vision of the Ethereum mainnet and why its perceived solution could make the ecosystem would not stand the test of time. Problematic Approach to Spell Ethereum Demise Specifically, Hoskinson noted that the Ethereum Layer 1 network failed to meet the vision its co-founders envisioned. Despite being the hub of smart contracts and decentralized finance (DeFi), Ethereum has had challenges with scalability…
XRP is trading close to $3 and has struggled to hold that level in recent sessions. According to a market analyst, a repeat of a past pattern tied to Bitcoin halvings could push XRP much higher, with a possible cycle top above $20 on Oct. 17, 2025. The timeline ties back to earlier halving cycles and a short lag that, she argues, has repeated before. Related Reading Halving Dates And Follow-On Moves Based on reports, crypto expert Diana points to the 2016–2017 cycle as the clearest example. Bitcoin halved on July 9, 2016, and then reached a peak above $19,000…
On-chain data shows that XRP whales are currently offloading their coins, which paints a bearish outlook for the altcoin. This comes as XRP struggles to stay above the psychological $3 level and risks dropping to new lows. XRP Whales Offload $480 Million Coins In Two Weeks Santiment data shows that XRP whales have dumped 160 million coins ($480 million) since around September 4, when their holdings peaked at around 6.95 billion. Since then, their XRP holdings have dropped from 6.95 billion to around 6.77 billion. These whales hold between 1 million and 10 million tokens. Related Reading There is also…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The SEC has announced its decision to extend the review period for several crypto ETFs. This includes staking proposals for the Ethereum ETFs, as well as XRP and Dogecoin ETFs, with the commission pushing its decision to the final deadline for these funds. SEC Delays Decision On Ethereum, XRP, and Dogecoin ETFs In an SEC release, the commission revealed that it is extending the review period for the proposed rule change to permit staking in BlackRock’s Ethereum ETF. The agency stated that it finds it appropriate to…
Good Morning, Asia. Here’s what’s making news in the markets:Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk’s Crypto Daybook Americas.Robinhood got all kinds of attention earlier this year when it claimed to be able to offer its retail users exposure to OpenAI’s growth story via tokenized shares backed by a special purpose vehicle.Counsel for OpenAI, has warned that these tokens do not constitute equity and claimed that the whole thing is unauthorized, which could potentially mean it…
In brief A federal jury found Braden John Karony guilty of securities fraud, wire fraud, and money laundering in May. The FBI has opened a victim questionnaire to identify SafeMoon investors who may qualify for restitution and services. Observers say enforcement is catching up with DeFi, though restitution remains difficult in decentralized markets. A federal jury’s conviction of SafeMoon CEO Braden John Karony on fraud and money-laundering charges has heightened U.S. scrutiny of token promoters, as the FBI seeks investors defrauded in the collapsed DeFi project.Last week, the FBI opened a victim questionnaire, asking SafeMoon investors who lost money to…
Tuttle Capital files Bonk Income Blast ETF, Tuttle Capital Sui Income Blast ETF, and Tuttle Capital Litecoin Income Blast ETF. Traders respond immediately to the announcement, causing BONK, SUI, and Litecoin (LTC) to jump more than 3% over the last 24 hours. Tuttle Capital Files ETF Applications for Bonk, Sui, and Litecoin ETF Opportunities Trust applied for Tuttle Capital Income Blast exchange-traded funds (ETFs) targeting Bonk, Sui, and Litecoin with the U.S. SEC under the Investment Company Act of 1940 on September 16. The primary investment objective of the Tuttle Capital Income Blast ETF is to seek current income. “The…