The crypto market is going through a major redistribution phase. While Ethereum attracts the majority of capital and focuses investors' attention, memecoins are losing ground, seeing their dominance crumble. Dogecoin, Shiba Inu, and Pepe struggle to keep pace. Should this be seen as an end of cycle or just a lull before a new explosive rally?
A new proposal in the New York State Assembly aims to impose a small tax on cryptocurrency sales and transfers. Assemblymember Phil Steck has introduced legislation seeking a 0.2% excise tax on digital asset transactions, including cryptocurrencies and non-fungible tokens (NFTs). The bill, if passed, could reshape the way the state approaches digital finance while channeling revenue into school-based substance abuse prevention programs.
Since touching a daily high of $24.74 on August 13, Chainlink’s (LINK) northward price movement has cooled, pushing the asset a few levels lower. Despite LINK’s upward trend stalling, large holders are still accumulating the coin. Generally, these whale buyers view this slip as a “buy the dip” window for a potential next leg higher. So, what are the current bets regarding LINK’s future trend?
The bullish momentum of bitcoin seems to be fading. After reaching a peak above $124,000, the leading cryptocurrency shows signs of fatigue. Meanwhile, retail investor interest is shifting towards altcoins and Ethereum. Could this capital rotation signal a new phase in the crypto cycle?
XRP, long held back by its judicial battle with the SEC, returns to the forefront. While institutional investors quietly strengthen their positions, a series of massive liquidations shakes the market. Between unstable technical signals and behind-the-scenes accumulation strategies, crypto is going through a zone of high instability. Should this be seen as a simple correction or the beginning of a strategic repositioning?
Could XRP initiate a decisive turning point? A rarely observed technical signal attracts analysts' attention: Bollinger Bands draw a setup favorable to a trend reversal. While the market remains volatile and volumes decline, the asset shows signs of resilience above a critical threshold. Enough to revive the interest of seasoned investors, on the lookout for a strategic entry point. Is this movement the prelude to a new bullish cycle or just a simple technical rebound?
In a global climate under high tension, an unexpected name emerges in the bets related to the Nobel Peace Prize: Donald Trump. Indeed, favored on the Polymarket and Kalshi platforms, the American president outstrips several historical figures. This breakthrough, driven by geopolitical dynamics and relayed in crypto circles, triggers as much speculation as questions. Simple reflection of a strategic enthusiasm or indication of an international repositioning?
The crypto market is coming out of its lethargy: the open interest on Bitcoin futures has just exceeded $82.4 billion, an unprecedented level since speculative euphoria phases. While BTC's price remains stable, derivatives are experiencing a clear resurgence in activity. This dynamic, driven by institutional investors and rising leverage, could mark a turning point. Rising futures, options in frenzy: signals are multiplying, and the market seems to be preparing for a new cycle.
Bitcoin wavers below 117,000 dollars as the "Ghost Month" threatens to lead to a drop to 100,000. Between sustained demand in the United States and Korea, and seasonal pressures, the market plays a decisive game.
After the surprise departure of the head of X, it is another key figure of Elon Musk's companies who slams the door. This time, it is the turn of Igor Babuschkin, co-founder of xAi and pillar of the Grok project, to announce his resignation.