Live Feed

Ethereum reclaims $4K: Three reasons why ETH price will ‘pump’ in October

Ethereum has surged back to $4,200, inspiring optimism for a price rally in October due to favorable on-chain and technical data. Key factors include a declining supply of ETH on centralized exchanges, which suggests institutional accumulation. Analysts indicate that breaking demand will trigger a price rally as total exchange outflows mirror those seen during the prior bear market's end. Additionally, Ethereum's decentralized exchange (DEX) volume saw a significant 47% increase in one week, highlighting improved market sentiment and historical connections between rising DEX volumes and price growth. Traditionally, October has yielded an average price gain of 4.77% for ETH, indicating potential for further growth. Crypto analysts highlight similarities between current trends and previous significant gains following a similar pattern in Q3 2020. Overall, compelling data and historical patterns support a bullish outlook for Ethereum as it moves into October and the fourth quarter.

Source 🔗

Ripple Cryptographer: XRP Ledger ‘Uniquely Positioned’ for Trillions in On-Chain Assets

Ripple engineer J. Ayo Akinyele is working to make the XRP Ledger (XRPL) the go-to choice for institutions by focusing on privacy, compliance, and trust within its protocol. He emphasizes the importance of confidentiality in finance while discussing the need for transparency in public blockchains. Akinyele advocates for ‘programmable privacy’

Bitcoin chases new highs as crypto market cap crosses $4.21T

Bitcoin has surged 14% in a week, nearing $124,000 amid a US government shutdown. Key factors include a $1.6 billion increase in on-chain buying and a significant Coinbase premium gap of $92, indicating strong US demand. Analysts are watching for resistance near $130,000, with potential price discovery

Coinbase Applies for National Trust Charter for Federal Oversight

Coinbase has applied for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), which would place the firm under federal regulatory oversight if granted. This charter will enable Coinbase to expand its existing custody services by introducing new financial offerings such as payments

Read next