Author: AltCoinDrops.com
Summary Nakamoto is one of the most hyped Bitcoin treasury companies spawned in 2025. Despite the media presence, its stock is down around 95% since its all-time high. The major 50% drop followed the unlocking of the PIPE investors’ holdings and a letter to shareholders urging short-term investors to exit. While many experts have been warning about the risks associated with Bitcoin treasury companies, Nakamoto’s price crash is the toughest nosedive in the sector so far. David Bailey’s Nakamoto is one of the best-recognized Bitcoin treasuries. Shares traded at over $30 at the peak in May, but ever since, the…
TLDR ETH is trading around $4,340, comfortably above the critical $4,089-$4,283 support range Whales purchased over 450,000 ETH in the past week, continuing an accumulation trend that began in May Analysts target potential surge toward $7,000-$7,500 based on technical patterns Short-term holders have distributed over 500,000 ETH recently ETH broke above a descending triangle pattern and tested the $4,500 resistance level Ethereum is showing strong market performance as it trades above $4,300, bolstered by significant buying from whale addresses despite ongoing distribution from smaller holders. The second-largest cryptocurrency has maintained its position above crucial support levels, with technical analysts pointing…
With the Fed delivering a widely anticipated decision, experts are shifting attention to the tone. Summary The Federal Reserve has cut interest rates by 25 basis points, as markets anticipated Fed’s tone leans dovish, potentially boosting Bitcoin and altcoins Still, altcoins are not out of the woods yet, as there’s no definitive decision on further easing The Federal Reserve delivered its long-anticipated 25-basis-point rate cut, the first cut of 2025. While markets fully priced the September 17 cut, all attention was on the Fed’s tone and what it signals for the future. Notably, Fed Chair Jerome Powell emphasized risks to…
PUMP’s 144% Surge May Be The Beginning As Pump.Fun Flips Hyperliquid In Major Metric
After a terrible start to its launch back in July this year, the PUMP token has finally found its spark, managing to lead the recent market recovery. The Pump.Fun native token rose by over 140% over the last month, featuring prominently at the top of the gainers’ list during this time. A slowdown has since rocked the altcoin after this, but it may not be the end of the story. Pump.Fun Surpasses Hyperliquid In Daily Revenue In an interesting turn of events, Pump.Fun, the native platform behind the PUMP token, has overtaken Hyperliquid in terms of daily revenue. Hyperliquid, an…
Bitcoin has observed a recovery surge toward $117,000 as on-chain data shows Binance users have been making consistent withdrawals recently. Binance Bitcoin Netflow Has Been Negative Recently As pointed out by CryptoQuant community analyst Maartunn in a Quicktake post, BTC has been flowing out of Binance recently. The on-chain indicator of relevance here is the “Exchange Netflow,” which keeps track of the net amount of Bitcoin that’s entering into or exiting out of the wallets connected to a given centralized exchange. When the value of this metric is positive, it means the inflows are overwhelming the outflows on the platform.…
Shiba Inu continues to struggle with downside pressure but appears bullishly positioned amid fresh chatter around a potential exchange-traded fund and the Federal Reserve’s interest rate decision. Summary Shiba Inu price hovered around $0.00001306 as bulls attempted to mirror gains across crypto. Excitement around exchange-traded funds and Fed’s rate cut could be key catalysts. Price is also above the level seen during that dip to a low of $0.00001170 last week. However, a 12% decrease in trading volume to $177 million suggests indecisiveness for bulls and bears. Shiba Inu poised above $0.000013 After a volatile swing to lows of $0.00001295,…
Kraken, the cryptocurrency exchange preparing for a potential public listing in the U.S. early next year, has seen the departure of four senior executives from the institutional side of the business, according to a person familiar with the matter.Those who have recently left Kraken are: David Olsson, global head of institutional sales; Shannon Kurtas, head of exchanges and a VP of product and the Pro service; Jeff K, a director of OTC trading and Sanjay K, OTC trading lead for Americas, the person said, who declined to be identified.Kraken declined to comment on the departures, none of whom immediately responded…
Tom Lee Predicts 1 Ethereum Worth by 2035
Bitmine chairman Tom Lee has predicted that Ethereum has significant upside potential from its current price. Here’s how high it can go by 2035. Since joining Bitmine Immersion Technologies, the largest Ethereum treasury company by holding, Lee has relentlessly pushed the bullish Ethereum narrative. He believes that the Ether ecosystem would benefit immensely from the developing trends in the financial market, predicting ambitious price targets for the altcoin leader. Ethereum Supercycle: Here’s the Possible Target In a recent commentary, Austin Arnold, the founder of Altcoin Daily, highlighted Lee’s bullish Ethereum outlook, predicting where the digital currency could end up over…
Wormhole has moved beyond its distribution phase, initiating a new strategy. By allocating on-chain and off-chain protocol revenue to a dedicated treasury, the cross-chain protocol is creating a direct link between its commercial success and the value of its native token, W. Summary Wormhole launched W 2.0 tokenomics with a new strategic reserve funded by protocol revenue. The upgrade introduces a 4% base yield for governance stakers and smoother bi-weekly token unlocks. The reserve ties W’s value directly to ecosystem growth, while changes aim to reduce market shocks and strengthen long-term alignment. According to an announcement on September 17, the…
Sharps Technology Announce Plans to Stake Treasury in BONK, Analyst Projects Parabolic Rally
Sharps Technology has announced plans to stake a portion of its treasury in BONK. This has led to bullish projections from experts, as a crypto analyst projects a parabolic rally for the token. Sharps Technology To Stake SOL Holdings In BONK In a recent press release, Sharps Technology announced it will allocate a portion of its recently acquired 2 million SOL into BonkSOL, BONK’s liquid staking token (LST). The initiative would be funded by a private investment deal led by Cantor Fitzgerald & Co. This is designed to generate staking yields while supporting liquidity within the meme coin and Solana…
