Bloomberg ETF analyst James Seyffart expects more spot Ethereum ETFs to be filed in the coming days.
Decentral Block Post
Access real-time blockchain and cryptocurrency news updates from around the globe.
Celsius Network files 'adversary complaint' against EquitiesFirst
Bankrupt crypto lender Celsius Network is attempting to recover assets from a private lender called EquitiesFirst Holdings, which reportedly owes $439 million in cash and crypto.
Change to US accounting rules will be a boon to companies holding crypto in 2025
The FASB has recommended that crypto be recorded at fair market value on corporate balance sheets, removing possibly significant impairments but adding to volatility.
Following SEC delays, Ark Invest and 21Shares file for spot Ether ETF
The two firms currently have a spot Bitcoin exchange-traded fund being reviewed by the SEC, and recently proposed listings of two Ether futures ETFs.
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding deals from the world of crypto and blockchain.
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding deals from the world of crypto and blockchain.
VC Roundup: Enterprise blockchain, Bitcoin staking and Web3 pique investors’ interest
Orbital, ZTX, Stroom Network, unshETH and Fxhash highlight the latest funding deals from the world of crypto and blockchain.
Grayscale Bitcoin Trust's alleged wallet addresses released by Arkham
The blockchain analytics firm claims Grayscale is the world's second-largest BTC entity.
Grayscale Bitcoin Trust's alleged wallet addresses released by Arkham
The blockchain analytics firm claims Grayscale is the world's second-largest BTC entity.
Grayscale Bitcoin Trust's alleged wallet addresses released by Arkham
The blockchain analytics firm claims Grayscale is the world's second-largest BTC entity.
Bitcoin short-term holders capitulate as data highlights potential generational buying opportunity
Bitcoin’s current price action leaves much to be desired, but multiple indicators point to what could be a generational buying opportunity for patient investors.
Appellate judge denies Sam Bankman-Fried’s request for immediate release from jail
The motion from Sam Bankman-Fried’s lawyers will now go to a three-judge panel, with less than four weeks before the former FTX CEO’s criminal trial is set to begin in New York.
Riot Platforms says Texas energy strategy reduced production costs by $31M
As Texas baked in the sun, Riot Platforms received two types of monetary credit for being attentive to the grid’s power needs.
Binance creates smart contract to refund users affected by $3M rug pull
After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets.
Financial privacy and regulation can co-exist with ZK-proofs — Vitalik Buterin
A new paper co-authored by Ethereum's Vitalik Buterin highlights the use of zero-knowledge proofs as a tool for regulatory compliance and on-chain privacy.
Financial privacy and regulation can co-exist with ZK-proofs — Vitalik Buterin
A new paper co-authored by Ethereum's Vitalik Buterin highlights the use of zero-knowledge proofs as a tool for regulatory compliance and on-chain privacy.
Tornado Cash co-founder pleads not guilty to all charges: Report
Roman Storm, facing charges related to his role in helping create crypto mixer Tornado Cash, has been free on bail following his arrest by U.S. authorities in August.
Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin (BTC) has been trading between $25,333 and $26,156 since Sep. 1. Typically, a volatility squeeze is followed by an expansion in volatility but it is difficult to predict the direction of the breakout with certainty.
CoinGlass data shows that Bitcoin has fallen for six consecutive years in September. This historic data could keep the bulls at bay in the near term and embolden the bears. Additionally, the United States dollar index (DXY) which has an inverse correlation with Bitcoin has risen sharply in the past few weeks. Both these suggest that Bitcoin could remain under pressure in the short term.
Daily cryptocurrency market performance. Source: Coin360It is not all gloom and doom for the crypto bulls because lower levels are likely to attract buyers. The prospect of one or more Bitcoin spot exchange-traded fund applications receiving approvals may limit the downside. Several analysts believe this event to be hugely bullish for Bitcoin. Any positive news in this regard may prop prices higher.
From a macro perspective, it looks like there may be near-term weakness but lower levels are likely to be purchased. What are the important support levels to watch out for? Let’s study the charts of the top-10 cryptocurrencies to find out.
Bitcoin price analysis
Bitcoin has been trading below $26,000 for the past two days and the bears are trying to tug the price toward the vital support at $24,800.
Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short-term.
Price analysis 9/6: BTC, ETH, BNB, XRP, ADA, DOGE, SOL, TON, DOT, MATIC
Bitcoin and several major altcoins continue to show weakness, but a few data points do favor bulls in the short-term.