What Happened In Crypto Today

Today in crypto, the US Federal Reserve will end its 2023 program supervising banks’ crypto activities. Czech police arrested darknet founder Tomas Jirikovsky in a $45M Bitcoin bribery case linked to a minister’s resignation; and US Treasury Secretary Scott Bessent appeared to walk back comments ruling out budget-neutral strategies for funding the Bitcoin reserve. US…

How to Use ChatGPT to Spot Altcoin Pumps Before They Happen

Key takeaways By analyzing fundamentals, social sentiment and historical patterns, ChatGPT can help identify altcoins with upside potential before momentum kicks in. Well-crafted prompts let ChatGPT act like a crypto assistant, generating watchlists, scanning social buzz and flagging tokens with real growth potential. Use ChatGPT alongside platforms like CoinGecko, LunarCrush or DEXTools to validate insights,…

ETH Unstaking Hits $3.2B But ETFs Could Keep Prices High

Key takeaways: Ether queued for unstaking hits a record $3.8 billion, led by Lido, EthFi, and Coinbase. Strategic reserves and ETF holdings have jumped by 140% since May 1. ETH’s $4,200 support is critical, with $1.2 billion in longs at risk if the price tags the level. The staking ecosystem of Ethereum has reached new…

What Happened In Crypto Today

Today in crypto, the US Federal Reserve will end its 2023 program supervising banks’ crypto activities. Czech police arrested darknet founder Tomas Jirikovsky in a $45M Bitcoin bribery case linked to a minister’s resignation; and US Treasury Secretary Scott Bessent appeared to walk back comments ruling out budget-neutral strategies for funding the Bitcoin reserve. US…

BTC Faces Ghost Month Pullback Risk

Key takeaways: Bitcoin marks its steepest pullback in a month, with the ghost month trend hinting at further downside to $105,000. Onchain data shows a rise in US and Korean spot demand, pointing to a short-term recovery. Bitcoin (BTC) saw a sharp correction on Thursday, slipping below $117,000 on Aug. 14, marking its steepest pullback…

How Bitcoin Could Hit $400K by Year-End, According to Udi Wertheimer

In an exclusive interview with Cointelegraph, crypto commentator Udi Wertheimer lays out a provocative thesis: Over the last five years, institutions have been quietly buying out old Bitcoin (BTC) holders — and it’s reshaping the market in a way few have appreciated. “For the last five years, they’ve been buying out old holders of Bitcoin,”…

Bitcoin Selling Drags Down Altcoins But Dip Buying Continues

Key points: Bitcoin’s pullback is finding support near $117,000, indicating buying on dips. Ether has given up some ground but is likely to find support near $4,094. Bitcoin (BTC) turned down sharply from $124,474 on Thursday, but a positive sign is that the bulls are trying to arrest the decline near $117,000. According to a…

Ether Treasury Race Accelerates With $24.5B BitMine Raise, as US Debt Hits $37T: Finance Redefined

The institutional Ethereum treasury race is accelerating, as two of the biggest corporate Ether holders are raising billions of dollars to acquire more of the world’s second-largest cryptocurrency. Public Bitcoin mining firm BitMine Immersion Technology is raising $24.5 billion through an at-the-market (ATM) stock offering, while SharpLink completed a $389 million capital raise from common…

ETH Supply Squeeze Imminent As Exchange Supply Falls

Key takeaways: Ether’s bull flag confirmation on the daily chart targets 34% gains to $6,100. The percent of ETH supply held on exchanges has dropped to 12% for the first time since 2016. Depleting ETH supply on exchanges points to a “supply squeeze” and long-term accumulation. Ether (ETH) price registered a multi-year high of $4,792…

MSTR, BMNR, SBET Plunge as BTC, ETH, SOL Rally Cools

Digital asset treasury (DAT) firms, seen as high-beta plays on crypto prices, sold off sharply on Friday as the August crypto rally showed signs of exhaustion. Strategy (MSTR) fell another 3% on Friday, extending its decline to 20% since July’s high and 33% from the November 2024 all-time high. The MSTR/IBIT ratio dropped to 5.43,…