Author: Crypto Editor
Key factors:Bitcoin returns to $116,000 after gaining over 2% in minutes due to “dovish” feedback from Fed Chair Jerome Powell.Powell’s Jackson Gap speech cemented the chances of an interest-rate reduce subsequent month.Threat property and crypto rose instantly, whereas US greenback power fell.Bitcoin (BTC) spiked to $116,000 on Friday because the US Federal Reserve hinted that it could reduce rates of interest.BTC/USD one-hour chart. Supply: Cointelegraph/TradingViewBitcoin worth rebounds from 6-week lows on FedKnowledge from Cointelegraph Markets Professional and TradingView adopted risky BTC worth motion as Fed Chair Jerome Powell delivered a coverage speech.Powell took to the stage on the annual Jackson…
The crypto market reveals a powerful bounce on Friday, with Bitcoin hovering 3% previously hour and reclaiming $115,000, whereas Ethereum jumps 7% to $4,600. Nevertheless, Bitcoin’s development has been overshadowed not simply by Ethereum, however by a number of of the highest altcoins. This displays a broader development over current weeks as Bitcoin loses market share to different cryptocurrencies. That is most evident in ETF flows, the place Ethereum ETFs gained $287 million in internet inflows on Thursday, whereas Bitcoin skilled $194 million in internet outflows. With that, buyers are rising more and more enthusiastic about the potential of a…
The broader markets rose towards the weekend, reversing earlier losses as surprisingly dovish feedback by Fed Chair Jerome Powell hinted at the opportunity of a fee lower at Fed’s subsequent month assembly scheduled for Sept. 16-17.In his speech on the annual Jackson Gap, Wyoming, symposium, Powell left the door open to an interest-rate lower, saying, “The baseline outlook and the shifting stability of dangers could warrant adjusting our coverage stance.”The Fed’s benchmark borrowing fee has remained in a spread of 4.25%-4.5% since December 2024. You May Additionally Like The optimism of a fee lower sparked a market surge, which pushed…
Rongchai Wang Aug 22, 2025 13:49 Character.AI CEO updates on strategic developments, together with mannequin enhancements and new options, after his first 60 days within the position. Character.AI’s newly appointed CEO, Karandeep Anand, has offered a complete replace on the corporate’s progress and achievements within the first 60 days of his management. Since becoming a member of the corporate in June, Anand has targeted on enhancing person expertise and advancing the platform’s capabilities, based on a put up on the Character.AI Weblog. Strategic Priorities and Developments Upon his arrival, Anand recognized a number of key priorities geared toward enhancing the…
In short Coinbase is itemizing the World Liberty Monetary stablecoin, USD1. World Liberty Monetary is backed by President Donald Trump and its sons. Whereas a dollar-pegged stablecoin like USD1 will not see a worth bounce from the itemizing, it might enhance World Liberty’s visibility. The USD1 stablecoin from World Liberty Monetary—a crypto venture backed by President Donald Trump and his sons—is now accessible for buying and selling on Coinbase, the trade introduced on Thursday. America’s greatest crypto trade introduced the itemizing in a Thursday publish on X. Eric Trump, the president’s son and World Liberty co-founder, then reposted it and stated…
Ether’s worth has climbed 25% for the reason that starting of August, however historic information suggests the cryptocurrency might lose steam in September.Solely time will inform if Ether (ETH) performs out in another way this 12 months, with billions flowing into spot Ether ETFs and treasury corporations.Crypto dealer CryptoGoos mentioned in an X put up on Friday, “ETH seasonality in September throughout post-halving years is often destructive. Will this time be totally different?”Ether is buying and selling at $4,759 on the time of publication, up roughly $952 from its Aug. 1 opening worth of $3,807, in keeping with CoinMarketCap. The…
The crypto market continues to rotate capital into initiatives tied to cross-chain infrastructure, AI-driven information, and yield innovation.In keeping with CoinMarketCap’s momentum indicators, three tokens – Wayfinder, Band, and Berachain—are standing out with sturdy short-term good points and rising institutional consideration. Wayfinder (WFDR): +42% in 24h Wayfinder, an AI-powered cross-chain protocol, rallied almost 42% previously 24 hours, pushed by July product upgrades and new listings on Revolut and Coinbase. Its newest BRAP engine permits multi-network fuel funds, whereas adoption as a utility token for AI brokers has pushed 24h buying and selling quantity up 717% to $91.75M. With RSI ranges…
Bitcoin’s repeated failure to check its all-time excessive has pushed individuals in direction of altcoins. This has resulted in Bitcoin’s dominance taking place and the ETH value ascending to its all-time excessive. Presently, Bitcoin dominance rests at 57.4%, which is considerably decrease than the yearly excessive of 65.1%. However, the Altcoin Season Index is exhibiting indicators of progress and is at the moment at 52/100, which additional consolidates the truth that Bitcoin is shedding steam. Given this data, ought to customers take a look at altcoins just for one of the best crypto to purchase now? Regulatory Confusion and Socio-political…
Most cash stay bullish firstly of the weekend, in keeping with CoinMarketCap.Prime cash by CoinMarketCapETH/USDEthereum (ETH) has gained a whole lot of worth right this moment, rocketing by greater than 9%.Picture by TradingViewOn the hourly chart, the speed of ETH is in the course of the native channel, between the help of $4,659 and the resistance of $4,817. As neither aspect is dominating, any sharp strikes are unlikely to occur by tomorrow.Picture by TradingViewOn the larger timeframe, one ought to take note of the closest degree of $4,783. If the value of the principle altcoin returns above it, merchants could witness additional…
Key Takeaways The short-term resistance at $24 has been flipped to help, however the development of Ethereum over the approaching days might dictate how costs behave and whether or not its rally can prolong past the $24.7 resistance. Ethereum Traditional [ETC] managed to rally strongly on the twenty second of August, following Ethereum’s [ETH] 15% transfer increased. ETC gained 24.3% from Friday’s low at $20.53 to succeed in $25.52 later within the day. Over the previous 12 hours, the bulls have been compelled to retreat barely. Supply: Coinalyze Futures information confirmed that speculators maintained their bullish conviction. Open Curiosity rose…