Track market-moving stories before they get noisy

A Critical Week Begins for Altcoins: Experienced Analyst Assesses the Status of Ethereum (ETH), XRP, and SUI: What to Expect?

PANews, September 14 - According to SoSoValue data, affected by the escalation of the Middle East situation and the continued development of factors such as AI security, the crypto market is generally in a downward trend. The Meme sector led the decline over the past 24 hours by 3.57%, with Cash Cat (CASHCAT) falling 10.36%, Pons (PONS) falling 14.25%, and Niulai falling sharply by 27.82%. Meanwhile, Bitcoin (BTC) fell 0.55% and Ethereum (ETH) fell 1.65%, remaining above $76,000 and $2,400 respectively.

In addition, the DePIN sector stood out, rising 3.49% in 24 hours, with Filecoin (FIL) up 21.43% and Arweave (AR) up 9.41%; the Layer2 sector rose 0.24%, with Lisk (LSK) surging 56.89% within the sector.

In other sectors, the CeFi sector fell 1.35% in 24 hours, with Gate (GT) down 2.45%; the Layer1 sector fell 1.86%, with Zcash (ZEC) down 4.05%; the DeFi sector fell 1.95%, with Jupiter (JUP) down 2.61%; the PayFi sector fell 2.35%, with Monero (XMR) down 4.11%.

The crypto sector indices reflecting historical sector performance show that the ssiDePIN, ssiAI, and ssiMeme indices rose 5.52%, fell 3.28%, and fell 3.04% respectively.

Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"

Breaking news from Beating AI Insight: After Dario Amodei, Sam Altman, and Elon Musk successively called for slowing down frontier AI development, Donald Trump has explicitly rejected such appeals. He acknowledged that safety guardrails could be added to AI, but argued that many catastrophic predictions will never come to pass. Trump stated that the U.S. is currently ahead of China in AI and hopes to maintain that lead. "Whoever wins the AI race wins everything," he said. He also criticized that many "negative forces" are hyping things that will never happen.

3 hours ago

Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.

According to monitoring by TradingBeats (formerly Hyperinsight), 0xRay518, a prominent post-2000s crypto trader, added short positions in PONS and SNDK over the weekend. As of press time, the address holds $13.46 million worth of 10x SNDK shorts and $3.62 million worth of 3x PONS shorts, making it the second-largest short position holder on Hyperliquid. Separately, 0xRay518 cut his Bitcoin short position by 49.12 BTC this morning, and still holds $81.52 million worth of 20x Bitcoin shorts. Public records show 0xRay518 launched his investment career at 14 in 2020, trading shipping stocks with $3,000 in New Year’s lucky money, peaking at roughly $300,000 in profits before nearly blowing his account due to high leverage. Between 2021 and 2022, he pivoted to NFTs and crypto airdrops, earning his first substantial fortune from the Arbitrum airdrop. In 2025, he abandoned his mid-year high school senior exam halfway, went all-in with $1 million on TRUMP coin on the side, and exited with a 3x to 4x profit.

3 hours ago

Binance will support the USDT contract swap on the Optimism network.

Binance will suspend Optimism network USDT deposits and withdrawals at 02:00 UTC on September 17, 2026, to support the token swap. The swap has a 1:1 ratio: the new token will be named USDT0, while the old token will be renamed OPUSDTE. Spot, margin, futures trading, and Binance Earn services remain unaffected.

3 hours ago

Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations

Beating AI News: Doubao Officially Launches Consumer Version of Its Mobile Assistant. It remains an AI assistant software that operates in collaboration with mobile manufacturers at the system level. The first mass-produced device, nubia NaviX Ultra, was previously announced and is set to launch and go on sale on September 16. The "phone operation" feature, which sparked the most controversy earlier, has not been scrapped and remains in Beta form. Doubao also launched the SAEP (Screen Automation Operation Declaration Protocol), allowing third-party apps to set their own rules on whether the AI can perform screen reading, tapping, and operations within their apps; if an app explicitly refuses, Doubao will not proceed with automated operations. In July, LatePost reported that the new generation of Doubao mobile assistant would no longer directly operate super apps like Alibaba and Tencent via GUI. Only when these apps proactively open MCP services can Doubao call their relevant data and functions. MCP refers to interfaces that apps proactively open for Doubao, while SAEP governs the scope of operations developers allow Doubao to perform when interacting with apps via screen reading and simulated taps. Both mechanisms are now in place simultaneously.

3 hours ago

Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.

Well-known crypto KOL Bonk Guy posted early this morning that he has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins, citing short-term trading opportunities on the Arc blockchain. Driven by the news, LONG’s market cap surged 27-fold in a short period. On-chain analytics show that multiple new addresses accumulated LONG at low levels yesterday, and the pump pushed their positions to unrealized gains of hundreds of thousands of US dollars. Additionally, crypto KOL 0xShawn, who previously arbitraged $230,000 by minting BNC4 at off-exchange prices via Four.meme, stated that the long.supply platform holds rug pull privileges and can mint fake USDT at any time. The platform built a cross-chain bridge for Robinhood-chain stock tokens via its own custom cross-chain infrastructure; the stock tokens on the Arc chain are not issued by the official, but by the platform itself. Moreover, the cross-chain bridge’s underlying protocol is not a reliable one like Wormhole or LayerZero (L0). This means: "The project team can shut down the cross-chain bridge at any time and siphon off the locked funds from the Robinhood chain. You are essentially exchanging your real USDT for fake USDT on the Arc chain, similar to the eUSD platform before its launch, which was eventually shut down after an emergency investigation by authorities." BlockBeats reminds users that celebrity shilling may involve conflicts of interest, and users should carefully vet the security of related projects and invest cautiously.

3 hours ago

Long.xyz Founder: This Week to Roll Out Contract and Synthetic Asset Design Updates, Integrating Them with the Platform’s Top Trading Pairs

Long.xyz, a meme coin issuance platform built on Robinhood’s blockchain, founder Nate stated in a post that this week, perpetual contracts and synthetic assets will have great design scope, and they will be integrated with the platform’s top trading pairs. Last week, Long.xyz launched a 1x long position pool supporting tokenized positions of OpenAI and Anthropic, a product that was once widely hyped in the market.

3 hours ago

Washington is sending mixed signals on the CLARITY Act just over a day before its make-or-break Senate vote, and the disagreement itself is becoming part of the story.

Two Conflicting Reports

ClaimSourceDetails“Clarity is dead”Renato Mariotti, former federal prosecutorSays multiple members of Congress and staff told him this directly in DCBill is on trackFaryar Shirzad, Coinbase Chief Policy OfficerFeels “pretty good” about odds; cites bipartisan momentumStill very much aliveKristin Smith, Solana Policy InstituteSays push is on for a September vote; most police associations now neutral or supportiveWhy Some Say It’s Not Dead

Bipartisan House support: Every Republican plus roughly 80 Democrats backed the House version250 pages of Democratic priorities folded into the Senate draftWhite House–Senate Democrat deal: First-ever Democratic nominees to SEC and CFTC under TrumpNew ethics package: Restricts the president’s own crypto dealings, a historic firstWhite House meeting: Ripple’s Brad Garlinghouse, Coinbase’s Brian Armstrong, and Chainlink’s CEO met directly with Trump, the SEC chair, and CFTC chair to work through sticking pointsThe Vote Mechanics That Matter

ScenarioWhat Happens NextBill clears 60 votes on Sept 15 procedural voteMomentum expected to carry it to final passageBill fails to reach 60 votesMurky outcome; possible emergency talks, or the bill could stall entirelyWhy Legislation Matters More Than Agency Rules

Congressman French Hill argues relying on SEC or CFTC rulemaking instead of a real law is risky:

Agency rules can be challenged in court for yearsOpponents of crypto regulation are expected to fund legal challengesA law is far harder to unwind than a regulatory exemptionWhat CLARITY Actually Changes for Each Asset

AssetCurrent StatusWhat CLARITY Would DoBitcoinGenerally treated as a commodity; CFTC oversight limited to fraud/manipulationGives CFTC direct regulatory power over Bitcoin trading platformsEthereumRegulatory status has long been ambiguousCreates a formal pathway: fundraising under SEC, later trading potentially under CFTC if sufficiently decentralizedXRPSame ambiguity as Ethereum, further complicated by past SEC litigationSame dual-track framework, offering a defined route out of securities classification over timeWhat Happens If CLARITY Dies

Crypto does not become unregulatedExisting law, courts, and individual states continue enforcing rules as they do todayLegal boundaries stay reactive, often only clarified after enforcement actions or disputesIndustry voices argue this uncertainty keeps pushing innovation and capital offshoreThe Global Stakes

One Bitcoin-holding executive called CLARITY “a blueprint more countries will soon follow,” pointing to how the EU’s MiCA framework previously pushed countries like Brazil to accelerate their own crypto legislation. A failed CLARITY Act would remove that benchmark for other nations currently modeling frameworks on the US approach.

Vote dateSeptember 15Votes needed60 to clear first procedural hurdleBiggest remaining sticking pointEthics provisions and a handful of holdout senators on both sidesWhat’s confirmedNothing yet — both “dead” and “on track” claims remainCrypto analyst Tony said the Senate’s cloture vote on the CLARITY Act on Tuesday, could send the market higher if it passes, potentially triggering a major rally on the Bitcoin chart that altcoins would likely follow. 

He pointed to a bullish divergence already forming on Bitcoin’s chart, alongside a bearish divergence in stablecoin dominance, as signs the market has simply been consolidating after its last major move rather than turning bearish.

Tony pushed back on bearish predictions tied to the four-year cycle theory, which call for Bitcoin to drop toward $30,000-$40,000 in October. He said the current charts don’t support that outcome, calling it a low-probability scenario despite it being technically possible. The analyst also flagged a separate crypto tax hearing scheduled in the House for Wednesday, September 16, saying progress there would add to an already eventful week for the industry. 

Until the actual vote happens, both the pessimistic and optimistic accounts remain speculation rather than fact, and Bitcoin, Ethereum and XRP’s regulatory clarity hinges entirely on whether Washington can convert months of negotiation into 60 votes on the day itself.

Story Ends Here

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Read the Next News

Ethereum is trading near $2,478, drawing attention from analysts and investors as several technical indicators point to a potential rally toward the $3,000 mark. The broader cryptocurrency market is also closely monitoring the US Federal Reserve’s upcoming policy meeting, which could influence sentiment across risk assets.

Triangle pattern signals possible breakoutTechnical analyst Ali Charts has highlighted a triangle consolidation pattern forming on Ethereum’s 12-hour chart. In previous instances, a similar structure led to a 31% surge in ETH prices within a three-day window, raising speculation about a possible repeat of this sharp upward movement.

Ali Charts noted that Ethereum’s last triangle breakout propelled the asset 31% in only three days, and suggested that if the current formation breaks to the upside, ETH could climb to $3,000, though such moves cannot be guaranteed.

Another analyst operating under the moniker Wealthmanager pointed out that Ethereum has decisively breached the key resistance band between $2,300 and $2,400. By contrast, Bitcoin remains below its corresponding long-term resistance between $82,000 and $83,000. Wealthmanager predicts that if momentum continues, ETH could test $3,000 before facing a potential retracement back to the $2,300 zone.

ETF inflows boost institutional confidenceEthereum-focused exchange-traded funds drew substantial net inflows of $216.41 million on September 11, underlining growing institutional appetite for the asset. BlackRock, one of the world’s largest investment management firms, saw its ETHA product lead with $148.82 million in daily inflows. Other notable flows included $29.09 million into Bitwise’s ETHW, $18.32 million into BlackRock’s ETHB, and $11.40 million into Fidelity’s FETH ETF.

ETF ProviderProductSeptember 11 Net InflowBlackRockETHA$148.82 millionBitwiseETHW$29.09 millionBlackRockETHB$18.32 millionFidelityFETH$11.40 millionGrayscaleETH$5.09 millionVanEckETHV$3.71 millionGrayscaleETHE$0FranklinEZET$0Since inception, total cumulative inflows to Ethereum ETFs have reached $13.39 billion, with assets under management now at $16.31 billion. This represents approximately 5.28% of Ethereum’s total market capitalization. Aggregate trading activity for these products hit $2.56 billion on September 11.

BlackRock is among the world’s most prominent asset management companies, known for its influence across global financial markets.

Mini dictionary: Spot Ethereum ETF, a type of exchange-traded fund that allows investors to gain direct exposure to Ethereum’s price movements without holding the cryptocurrency itself. These products trade on traditional stock exchanges.

Key technical signals and support levelsMarket analyst Daan Crypto Trades noted that Ethereum has returned to its prior breakout zone after its latest up move. He pointed out that open interest in perpetual futures contracts has declined, which may ease volatility caused by excessive leverage.

Daan Crypto Trades highlighted a significant reduction in open interest for ETH perpetual futures, indicating that many leveraged positions have been flushed out and the market may have reset for its next move.

From a technical perspective, Ethereum is currently trading close to the middle Bollinger Band at $2,470, with the upper and lower bands set at $2,543 and $2,396, respectively. MACD indicators suggest declining bullish momentum, as the MACD main line remains below its signal line and the histogram reflects minor negative values.

The four-hour Relative Strength Index stands at 51.77, slightly above the neutral midpoint. If ETH can surpass $2,550, analysts see a quick path retesting the recent $2,600 high. Any drop below $2,490, however, may bring the $2,400 support region back into focus as the next safety net.

Petrol fiyatları haftaya sert yükselişle başlarken Bitcoin ve değerli metaller yönünü aşağı çevirdi. Brent petrolü %2,75 artışla 107,48 dolara, Batı Teksas petrolü ise %2,51 yükselişle 102,56 dolara çıktı. Aynı saatlerde Bitcoin, altın, gümüş ve bakır geriledi. Piyasalar şimdi çarşamba günkü Fed kararına hazırlanıyor.

Petrol Neden Yeniden Yükseldi? Petrol fiyatlarındaki hareketin arkasında yeni bir arz endişesi bulunuyor. Suudi Arabistan, Irak’tan düzenlenen drone saldırılarında zarar gören East-West petrol boru hattını geçen haftanın sonunda kapattı.

Bu hat, Suudi Arabistan’ın petrol ihracatını Hürmüz Boğazı’ndan geçmeden gerçekleştirmesine imkan sağlıyor. Reuters’a göre hattaki kesinti, küresel petrol arzının %4’üne kadarını riske atabilir.

Buna Yemen’deki Husilerin Suudi Arabistan’a yönelik yeni saldırıları ve Hürmüz Boğazı’ndaki bir gemiye yönelik saldırı da eklendi. Husiler ayrıca cuma günü Bab el-Mandeb bölgesindeki Perim Adası’na ulaştı. Bu güzergâh küresel petrol arzının yaklaşık %4-5’ini taşıyor.

Brent petrolündeki haftalık yükseliş de %8’e ulaştı. Fiyat böylece temmuzdan bu yana ilk kez 100 doların üzerine çıktı.

IG analisti Tony Sycamore, Umman’daki görüşmelerden somut bir sonuç çıkmaması halinde Brent petrolünün mart ayındaki 119,48 dolarlık zirveye doğru yeniden ilerleyebileceğini belirtti. Körfez ülkeleri ile İran arasında Umman’da yapılması planlanan görüşme ise ertelendi.

Fed Faiz Artışı Beklentisi Neden Yükseldi? Petroldeki arz şokuna piyasaların Fed beklentisi de eşlik ediyor. Son enflasyon verilerinin beklentileri aşmasının ardından yatırımcılar, çarşamba günü Fed’in faiz artırma ihtimalini %86,3 olarak fiyatlıyor.

Bu oran bir hafta önce %59,4, bir ay önce ise yalnızca %33,9 seviyesindeydi.

Piyasanın beklentisine göre Fed, politika faizini 375-400 baz puan aralığına çıkarabilir. Böyle bir hamle, yüksek faiz ortamının daha uzun sürebileceğine ilişkin endişeleri artırabilir.

Bitcoin Ve Ethereum’da Son Durum Ne? Faiz beklentilerindeki yükseliş kripto piyasasında da hissedildi. Toplam kripto para piyasasının değeri son 24 saatte %4,32 düşerek 2,62 trilyon dolara geriledi.

Bitcoin 76.718 dolar civarında işlem görürken son bir haftadaki kaybı %4,4 seviyesinde. Ethereum ise %1,79 gerileyerek 2.478,43 dolara indi.

Böylece petrol tarafındaki arz endişeleri büyürken Bitcoin ve diğer riskli varlıklar daha sıkı para politikası beklentisinin baskısıyla karşı karşıya kaldı.

Altın Ve Gümüş Neden Korunamadı? Değerli metaller de piyasadaki dalgalanmadan kaçamadı. Altın %0,22 düşerek 4.340,58 dolara, gümüş %0,25 gerileyerek 64,11 dolara indi. Bakırın kaybı ise %1,08 oldu ve fiyat 6,40 dolara çekildi.

Altın gibi güvenli liman olarak görülen bir varlığın da gerilemesi dikkat çekiyor. Yükselen petrol fiyatlarının enflasyonu artırabileceği endişesi, Fed’in daha sıkı bir politika izleyebileceği beklentisini güçlendiriyor. Bu da faiz getirisi bulunmayan değerli metaller üzerinde baskı yaratıyor.

Çarşamba Günü Piyasalar Ne Bekliyor? Piyasalar aynı anda iki farklı hikâyeyi fiyatlıyor. Petrol tarafında savaş ve arz kesintileri nedeniyle yeni bir fiyat şoku riski bulunuyor. Bitcoin ve metaller ise Fed’in daha yüksek faiz politikasına ilişkin beklentileri takip ediyor.

Bu ayrışma çarşamba günü daha net görülebilir. Fed’in faiz kararı, piyasanın enflasyon ve petrol şokuna nasıl tepki vereceği konusunda belirleyici olacak. Faiz artışının yanında Fed Başkanı Kevin Warsh’ın vereceği mesajlar da Bitcoin, altın ve diğer riskli varlıkların yönü açısından yakından izlenecek.

Bu içerik genel piyasa verilerine dayanır ve yatırım tavsiyesi değildir. Kendi araştırmanızı yapmanızı öneririz.

Son Dakika kripto para haberleri için hemen tıkla.

Konu ile ilgili yorumlarınızı bize yazabilirsiniz. Ayrıca, bu tarz bilgilendirici içeriklerin devamının gelmesini isterseniz, bizleri Telegram, Youtube ve Twitter kanallarımızdan takip edebilirsiniz.

Three major AI giants have collectively called for a slowdown in AI development, but Trump directly rejected the call, stating: "Whoever wins AI will win"

Breaking news from Beating AI Insight: After Dario Amodei, Sam Altman, and Elon Musk successively called for slowing down frontier AI development, Donald Trump has explicitly rejected such appeals. He acknowledged that safety guardrails could be added to AI, but argued that many catastrophic predictions will never come to pass. Trump stated that the U.S. is currently ahead of China in AI and hopes to maintain that lead. "Whoever wins the AI race wins everything," he said. He also criticized that many "negative forces" are hyping things that will never happen.

3 hours ago

Alleged Gen Z trader 0xRay518 has been steadily adding to short positions in PONS and SNDK recently, and trimmed his Bitcoin short position this morning to lock in profits.

According to monitoring by TradingBeats (formerly Hyperinsight), 0xRay518, a prominent post-2000s crypto trader, added short positions in PONS and SNDK over the weekend. As of press time, the address holds $13.46 million worth of 10x SNDK shorts and $3.62 million worth of 3x PONS shorts, making it the second-largest short position holder on Hyperliquid. Separately, 0xRay518 cut his Bitcoin short position by 49.12 BTC this morning, and still holds $81.52 million worth of 20x Bitcoin shorts. Public records show 0xRay518 launched his investment career at 14 in 2020, trading shipping stocks with $3,000 in New Year’s lucky money, peaking at roughly $300,000 in profits before nearly blowing his account due to high leverage. Between 2021 and 2022, he pivoted to NFTs and crypto airdrops, earning his first substantial fortune from the Arbitrum airdrop. In 2025, he abandoned his mid-year high school senior exam halfway, went all-in with $1 million on TRUMP coin on the side, and exited with a 3x to 4x profit.

3 hours ago

Binance will support the USDT contract swap on the Optimism network.

Binance will suspend Optimism network USDT deposits and withdrawals at 02:00 UTC on September 17, 2026, to support the token swap. The swap has a 1:1 ratio: the new token will be named USDT0, while the old token will be renamed OPUSDTE. Spot, margin, futures trading, and Binance Earn services remain unaffected.

3 hours ago

Doubao Mobile Assistant Officially Launches: GUI Operation App Remains, App Can Reject AI Operations

Beating AI News: Doubao Officially Launches Consumer Version of Its Mobile Assistant. It remains an AI assistant software that operates in collaboration with mobile manufacturers at the system level. The first mass-produced device, nubia NaviX Ultra, was previously announced and is set to launch and go on sale on September 16. The "phone operation" feature, which sparked the most controversy earlier, has not been scrapped and remains in Beta form. Doubao also launched the SAEP (Screen Automation Operation Declaration Protocol), allowing third-party apps to set their own rules on whether the AI can perform screen reading, tapping, and operations within their apps; if an app explicitly refuses, Doubao will not proceed with automated operations. In July, LatePost reported that the new generation of Doubao mobile assistant would no longer directly operate super apps like Alibaba and Tencent via GUI. Only when these apps proactively open MCP services can Doubao call their relevant data and functions. MCP refers to interfaces that apps proactively open for Doubao, while SAEP governs the scope of operations developers allow Doubao to perform when interacting with apps via screen reading and simulated taps. Both mechanisms are now in place simultaneously.

3 hours ago

Bonk Guy’s shilling of the Arc Chain Launchpad platform has sparked criticism, with the platform facing accusations of holding rug pull privileges.

Well-known crypto KOL Bonk Guy posted early this morning that he has purchased LONG, the native token of Arc’s main Launchpad, as well as the platform’s top three meme coins, citing short-term trading opportunities on the Arc blockchain. Driven by the news, LONG’s market cap surged 27-fold in a short period. On-chain analytics show that multiple new addresses accumulated LONG at low levels yesterday, and the pump pushed their positions to unrealized gains of hundreds of thousands of US dollars. Additionally, crypto KOL 0xShawn, who previously arbitraged $230,000 by minting BNC4 at off-exchange prices via Four.meme, stated that the long.supply platform holds rug pull privileges and can mint fake USDT at any time. The platform built a cross-chain bridge for Robinhood-chain stock tokens via its own custom cross-chain infrastructure; the stock tokens on the Arc chain are not issued by the official, but by the platform itself. Moreover, the cross-chain bridge’s underlying protocol is not a reliable one like Wormhole or LayerZero (L0). This means: "The project team can shut down the cross-chain bridge at any time and siphon off the locked funds from the Robinhood chain. You are essentially exchanging your real USDT for fake USDT on the Arc chain, similar to the eUSD platform before its launch, which was eventually shut down after an emergency investigation by authorities." BlockBeats reminds users that celebrity shilling may involve conflicts of interest, and users should carefully vet the security of related projects and invest cautiously.

3 hours ago

Long.xyz Founder: This Week to Roll Out Contract and Synthetic Asset Design Updates, Integrating Them with the Platform’s Top Trading Pairs

Long.xyz, a meme coin issuance platform built on Robinhood’s blockchain, founder Nate stated in a post that this week, perpetual contracts and synthetic assets will have great design scope, and they will be integrated with the platform’s top trading pairs. Last week, Long.xyz launched a 1x long position pool supporting tokenized positions of OpenAI and Anthropic, a product that was once widely hyped in the market.

3 hours ago

The altcoin market is seeing a major shift after the August rally. Ethereum [ETH] has fallen about 2% despite bullish developments. In the past week alone, Bitmine added 28,086 ETH, bringing its treasury to nearly 4.9% of Ethereum’s supply.

At the same time, Spot ETH ETFs also saw $218 million in inflows. Meanwhile, Vitalik Buterin came up with an EIP-8141 proposal, which aims to simplify stablecoin transactions by reducing users’ need to hold ETH specifically for gas fees.

Joining the trail, Solana [SOL] dropped 4% despite activating its Transaction V1 upgrade, which improves its ability to handle larger and more complex DeFi transactions.

DeFi Development Corp. also raised $11 million to buy SOL, adding potential institutional demand. However, spot SOL ETFs recorded modest outflows, while broader market weakness kept pressure on the token.

Other altcoins that saw a dip Ripple’s XRP faced a even more sharper decline depsite RLUSD’s market cap surpassed $2.3 billion. Additionally, Binance Chain [BNB] fell 1.5%, although BNB Chain strengthened its position in tokenized assets.

It now holds approximately $1.267 billion in tokenized stocks, or 44.6% of the market, ahead of Ethereum and Solana. Jupiter’s JUP fell just 0.7% as it expanded into tokenized assets.

Altcoins that surged during the same period However, not all altcoins saw a dip, as Tron [TRON] gained 2.7%, helped by Canary Capital launching TRXS, the first spot-staked TRON ETF.

Aptos [APT] surged 6.4%, driven largely by Bitwise filing an S-1 for a potential spot Aptos ETF, raising expectations for greater institutional access to APT.

Kaspa [KAS] was the strongest performer, surging 23% as its circulating supply approached 96.5% of its hard cap, reducing concerns about future supply dilution.

The altcoin season index supports Bitcoin This comes on the heels of the altcoin season index, which was sitting at 40 at press time, which indicates the market is still leaning toward Bitcoin [BTC] season rather than altcoin season.

Source: CoinGlass Well, AMBCrypto’s recent report also shows altcoin Open Interest has surpassed Bitcoin’s for the first time since December 2024, signaling aggressive leveraged positioning.

This comes as Bitcoin was trading at $76,751.69 after a modest drop in the past 24 hours but a hike of over 22% in the past month.

Is Bitcoin dominance confusing investors? Meanwhile, Bitcoin dominance stands at 59.29%, up 0.18%, showing that Bitcoin continues to command a strong share of the overall crypto market.

Source: Trading View The steady rise in dominance suggests capital is still favoring BTC over altcoins, reinforcing the current Bitcoin season trend.

However, with Bitcoin dominance again testing the key 60% resistance, weak trading volumes and renewed macro uncertainty could trigger another rejection, potentially paving the way for a September-like altcoin rally. However, the signal remains unconfirmed until altcoins break through key resistance levels.

Final Summary Altcoins like Ethereum, Solana, Ripple, and Jupiter dropped after their August rally. Tron, Aptos, and Kaspa surged during the same period, but the altcoin index was at 40. 

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Ethereum experienced renewed sell-off pressure after retreating from recent highs, but analysts maintain a positive outlook as long as ETH remains above the crucial breakout region. At the time of reporting, Ethereum trades at $2,478.34, recording a 24-hour trading volume of $15.22 billion and a market capitalization of $301.50 billion. The price has slipped by 2.23% over the past 24 hours, mirroring market-wide short-term volatility.

Analysts highlight key technical levelsDespite the recent decline, technical analysts are paying close attention to the $2,300 to $2,400 range, an area that previously acted as significant resistance for ETH. The coin is currently holding above this level, which many view as a pivotal support zone following Ethereum’s earlier breakout.

Wealthmanager, a well-followed crypto analyst, emphasized an important difference between Ethereum and Bitcoin, noting that while Bitcoin has struggled below its higher time-frame resistance of $82,000 to $83,000, Ethereum has managed to push above its $2,300 to $2,400 resistance levels.

Wealthmanager stated that Ethereum is more likely to reach $3,000 before revisiting the $2,300 zone, adding that holding the breakout area as support could create momentum for the next upward move. However, these projections represent market opinions and are not guaranteed outcomes.

Maintaining values above this former resistance zone could drive further gains, but any breakdown risks a return to the lower support area, according to several market observers.

Market structure and technical indicatorsThe mid-range price action is also attracting attention from traders. Daan Crypto Trades, another analyst, highlighted that ETH has retraced to its recent breakout zone after a surge in price, and noted a sharp decrease in open interest in perpetual futures contracts linked to ETH. Lower open interest often signals that leveraged traders have exited crowded positions, potentially reducing volatility from sudden market swings.

Ethereum currently hovers near the mid Bollinger Band at $2,470.30, with the upper band at $2,543.74 and the lower band at $2,396.86. The positioning around the mid-band suggests a balanced trend following recent movements.

IndicatorCurrent ValueReference RangePrice$2,478.34–Bollinger Band (Upper)$2,543.74ResistanceBollinger Band (Mid)$2,470.30Current regionBollinger Band (Lower)$2,396.86SupportMACD Line81.69Below Signal LineSignal Line99.70–MACD Histogram-18.01–The MACD indicator shows the line at 81.69, beneath the signal level of 99.70, while the histogram sits at -18.01. This setup implies that ETH may continue to face downside pressure until momentum indicators shift more positively.

Key zones and outlookWith $2,300 to $2,400 now emerging as a vital support band, analysts suggest that holding above this range would signal strength among buyers and could pave the way for a move toward $2,500 and, potentially, the $3,000 mark. A decisive breach above $2,543, just under the current upper Bollinger Band, may bring renewed interest from bulls and reinforce Wealthmanager’s $3,000 price target.

On the other hand, if ETH loses its grip on the breakout area, traders may expect deeper consolidation or price retracement into lower support zones. Such volatility is not uncommon in major digital assets, especially with ongoing shifts in market sentiment and leverage.

The next sessions will be critical in determining whether Ethereum can defend its breakout and sustain upward momentum, or if further retracements will set the stage for an extended period of consolidation.

Mini dictionary: Bollinger Bands, a technical analysis tool, identify volatility and potential price ranges by plotting bands above and below a moving average. The distance between the bands reflects market volatility, which traders use to identify overbought or oversold conditions.

For now, market participants are watching the $2,400 region and monitoring momentum indicators. ETH’s movement relative to these technical levels will likely dictate the direction of its next major trend.

If Ethereum sustains above the breakout, it could trigger the next upward phase. Losing this footing may return ETH to further consolidation, underscoring the importance of the $2,300-$2,400 zone for near-term price action.

Harmony has formally proposed shutting down its independent Layer 1 blockchain and moving its native ONE token onto Ethereum. In a September 6 post, the project said pressure from state-backed attackers and AI agents had become too severe to keep operating a standalone network.

Mainnet went live in 2019.

After years of patches, incidents, and community effort, the team now argues it is time to retire the chain entirely.

The announcement is framed as a non-binding proposal.

Harmony did not name a final block height or confirm that validator governance will vote under existing rules. Still, the operational calendar is specific.

Validators may stop running nodes from 7 a.m. Pacific Time on September 10, 2026.

The team said it would cover the emission-reward gap between each node’s last produced block and the network’s last block.

A separate one-time pool of $1.372 million would go to validators and their delegators who shut down on schedule, sign an agreement, keep their stakes, and take “governor” roles in the successor project.

Payments would be split across four quarters.

Harmony said that figure matches network-wide rewards issued in the year before the August 11 incident.

Validators are also being invited to stay as governors, become AI-video operators, or work as affiliates.

Token migration is designed to require little from ordinary holders.

At the final block, Harmony would snapshot ONE in wallets, staking delegations, validator rewards, smart contracts, and centralized exchanges.

New ERC-20 ONE would then be airdropped to the same addresses on Ethereum.

No claim process is planned. Delegated stakes and unclaimed rewards would go to individual governor vaults.

Total supply and the emission rate would stay the same; future issuance would fund the new product, subject to governor input.

https://t.co/BfoN0OnpvX

— Harmony (@harmonyprotocol) September 6, 2026

The team said it would publish the ERC-20 contract, vault contract, snapshot math, and airdrop scripts for audit.Some assets cannot move.

Multisig safes, liquidity pools, and other on-chain applications are excluded. Users have been told to leave those contracts before September 10.

The successor product is branded “The Remix Economy for AI Video.”

Harmony’s public account already uses that line in its bio.

The model is built around open prompts and source material that fans can fork. AI agents would then expand each remix into more clips.

In year one, Harmony said it would subsidize operator GPU costs and aim for up to $1 million in combined operator revenue, tied to staking and uptime.

Affiliates would earn a recurring 30 percent commission on $10 monthly subscriptions sold through referrals.

Advertising, the team has suggested elsewhere, could scale if the audience grows large enough.

The timing matters. In mid-August an exploit forged a huge quantity of unauthorized ONE.

Harmony first prepared a rollback that would have discarded more than 100,000 transactions.

Weeks later, the conversation has shifted from repairing the chain to ending it as a sovereign Layer 1 and rebuilding on Ethereum around AI video.

For holders, the practical next step is leaving contracts that will not migrate.

For validators, it is deciding whether to shut down on the stated date and accept the governor path. The proposal itself is still only a proposal. Execution, exchange listings, and community consent remain open questions.

TLDR: Dark Defender’s XRP/ETH chart targets 0.002238, implying about 306% relative upside from 0.000551. XRP’s $86B market cap remains far below Ethereum’s $300B and Bitcoin’s roughly $1.55T valuation. The XRP/ETH ratio must first reclaim the 0.0006487 to 0.0007773 zone before the Wave 5 case strengthens. Bitwise and Canary XRP ETFs expand regulated U.S. access as the token’s relative-value setup develops. XRP could significantly outperform Ethereum if a long-term technical structure identified by crypto analyst Dark Defender reaches its projected fifth-wave target. In a September 13 post, Dark Defender said XRP could eventually dominate Bitcoin and Ethereum.

However, the underlying chart specifically measures XRP’s performance against Ether. The 10-day XRP/ETH chart places the ratio near 0.00055 and labels the current formation as an Elliott Wave fourth-wave correction.

Source: X

The projected fifth wave extends toward 0.002238 ETH per XRP. That move would represent about 306% appreciation from roughly 0.000551. Therefore, the chart describes relative performance rather than forecasting a fourfold increase in XRP’s dollar price.

XRP/ETH Ratio Defines the 306% Outperformance Case Independent market data broadly supports the chart’s starting point. Investing.com recorded the XRP/ETH ratio at 0.000539 on September 11. The ratio had declined from 0.000570 on September 8, leaving it below several levels highlighted in Dark Defender’s technical structure.

His chart identifies intermediate Fibonacci levels near 0.0006487 and 0.0007773 before the larger 0.002238 extension. Those levels provide measurable reference points for the relative-price setup. Importantly, the ratio can rise under several different market conditions.

XRP could appreciate while Ether remains unchanged, or both assets could rise at different rates. It could also increase if both decline but Ethereum falls faster. Consequently, a higher ratio measures relative strength rather than absolute price appreciation.

The 0.002238 target is about 4.06 times the chart’s 0.000551 level. That calculation produces the approximately 306% relative gain underlying Dark Defender’s forecast. However, the technical projection does not establish that XRP will exceed either rival by total market capitalization.

Market-Cap Gap Shows Why a Flip Is a Separate Question Recent market data placed XRP around $1.37, with approximately $86 billion in market capitalization and 62.87 billion tokens circulating. Meanwhile, Ethereum traded near $2,458 with a market value around $300 billion.

Bitcoin, on the other hand, remained substantially larger at approximately $1.55 trillion while trading near $77,230. Based on those figures, XRP’s market capitalization would need to reach roughly 3.5 times its current level to surpass Ethereum, assuming Ethereum remained unchanged.

Nonetheless, overtaking Bitcoin would require an increase to roughly 18 times its current valuation under the same assumption. Those comparisons also explain why relative-price performance and market-cap rankings should be treated separately.

Market capitalization equals an asset’s price multiplied by circulating supply. It does not directly represent the amount of investor capital deposited into an asset. Therefore, a $1 billion valuation increase does not require $1 billion of inflows.

Meanwhile, institutional access has expanded through U.S.-listed products. SEC filings show that the Bitwise XRP ETF and Canary XRP ETF hold the token to provide regulated exposure.

The technical call also arrives during weaker global risk conditions. Investors recently withdrew $15.52 billion from equity funds amid rising oil prices and tighter-policy expectations.

For the relative-performance case, the immediate measurable area remains 0.0006487 to 0.0007773. The projected 0.002238 level represents the analyst’s fifth-wave extension, not a confirmed market outcome.

Garrett Jin: Bitcoin bulls are in an unfavorable position; the longer the bottom-digging market lasts, the higher the likelihood of breaking the support level.

Agent of the "BTC OG Insider Whale" Garrett Jin released a market outlook, stating that Bitcoin bulls are currently in an unfavorable position. BTC has been stuck above the $76,500 level, and he is not keen on this grinding bottom market. The longer this consolidation lasts, the more likely it is that this support level will be broken, leading BTC to seek a lower support rather than reversing immediately. For Bitcoin to look stronger, it must first reclaim and hold above the $78,300 level at minimum.

34 minutes ago

Amp removes platform access barriers: Run Coding Agent for free using only ChatGPT and a computer

Beating AI Insight News Brief: Amp Launches Free Hobby Tier. Amp, a coding agent company spun off from Sourcegraph, offers tools similar to Claude Code and Codex, enabling AI to autonomously read, modify code, run commands, and execute tests. Users can now access Amp for free by using their own computers and connecting their existing ChatGPT subscriptions or model API keys, with no additional monthly fees or BYOK (Bring Your Own Key) token charges. When Amp rolled out its subscription model in July this year, connecting a ChatGPT subscription required at least the $20/month Megawatt plan. For BYOK users, Amp previously charged extra token fees and imposed restrictions even when using their own model keys. Both of these charges have now been eliminated. Users remain responsible for their own ChatGPT subscription fees or API-related model costs. Amp also offers Orb, a remote cloud computer product that creates isolated environments for each task. With code and development tools hosted in Orb, the agent can continue working even after the user shuts down their local computer, and it supports running multiple tasks simultaneously. Orb remains pay-as-you-go; users who don’t want to pay for Orb can instead run Amp directly on their local computers. Additionally, Amp is expanding its BYOK support. Paid users can already connect to OpenRouter, Amazon Bedrock, Azure Foundry, Ollama Cloud, and custom model APIs, with plans to roll out this access to all users soon.

34 minutes ago

ElevenLabs Music v2.5 Launches: Free Tier Now Grants Commercial Usage Rights, 5 Lossless Downloads Per Day

Beating AI News Brief: ElevenLabs has launched Music v2.5, making it the default model for ElevenMusic. The new version focuses on improving melody, arrangement layers, and instrument realism. The company conducted 47,885 blind tests, generating versions of identical prompts with both v2 and v2.5; v2.5 won most comparisons, with the biggest performance gaps seen in R&B, soul, hip-hop, rock, metal, orchestral, and film soundtrack genres. Additionally, licensing terms have been relaxed: Free users can download 5 lossless songs daily, and generated content is eligible for commercial use, provided it is labeled "Made with ElevenMusic". Pro users get 400 lossless downloads monthly, no labeling required, and can distribute their songs to streaming platforms. Permissions granted at creation will not change if a user downgrades their plan or cancels their subscription. Adaptations of other artists’ songs cannot be downloaded or publicly distributed. ElevenLabs also clarified that Music v2 will not be retired. Separately, Suno recently launched v6 while retiring all its previous models, sparking dissatisfaction among many long-time users. A Hacker News (HN) user who tested both tools noted that ElevenLabs’ v2.5 has better audio quality, but they still prefer Suno v5 for musicality.

34 minutes ago

Cathie Wood strongly supports David Sacks’ view: Reports claiming “AI will destroy humanity” are orchestrated.

Cathie Wood noted that David Sacks, co-chair of the U.S. President’s Council of Advisors on Science and Technology (PCAST), believes recent reports about "AI destroying humanity" may be orchestrated. The comments originated from a long-inactive X account belonging to an Anthropic employee who left the company just six weeks after joining, and the content quickly made its way into mainstream media. Sacks also named the parties involved in the incident and criticized The Wall Street Journal for its role. Recently, Anthropic CEO Dario Amodei published a lengthy essay calling for slowing the advancement of frontier AI capabilities, arguing that AI is increasingly involved in developing the next generation of AI. Paired with multiple recent incidents of AI agent malfunctions, he added, security research is failing to keep pace with capability growth. Sam Altman soon publicly backed the call, stating that OpenAI has also been discussing "pacing the frontier" in recent weeks, and announced the company will introduce similar long-term independent assessors. Sacks, former White House AI and crypto chief and current PCAST co-chair, then fired back: "If you truly believe internal models are dangerous, shut them down yourselves." He argued that requiring government approval for the largest AI firms to collaborate on setting speed limits would amount to a cartel, and also singled out METR, questioning whether it is fit to serve as an independent referee for the entire industry. METR has long conducted external evaluations for companies including Anthropic and OpenAI, and recently hired Joe Benton, an Anthropic security researcher who left the firm. However, METR clarified that it does not accept funding from these frontier AI companies, only model access and free tokens.

34 minutes ago

EMBER's market cap briefly topped $40 million, surging 48.7% in the past 24 hours.

According to GMGN market data, the market capitalization of EMBER, the platform token of Solana-based token launch platform Ember Curve, briefly exceeded $40 million and currently stands at $35 million. The token has rallied 48.7% in the past 24 hours, with a 24-hour trading volume of $27.3 million. Ember Curve is a new token launch platform on Solana built on Meteora. BlockBeats reminds users that token prices are highly volatile, so investment requires caution.

34 minutes ago

An address associated with the LSK project team deposited 3.29 million LSK tokens into Binance 5 hours ago, valued at $3.79 million.

According to on-chain analyst Ai Yi (@ai_9684xtpa)’s monitoring, today, the so-called "meme coin" LSK’s project-linked address deposited 3.29 million tokens to Binance five hours ago, valued at $3.79 million. The deposit came after LSK’s first sharp drop from $2 to $1, and shortly afterward, the token saw a second plunge, falling from $1.22 to $0.7 before rebounding to $1.17. Per Coinglass data, LSK’s liquidation volume over the past 24 hours hit $44.66 million, second only to ETH.

34 minutes ago

Ethereum has recovered above the $2,500 mark, with recent trading seeing the price range between $2,522 and $2,530. Over the past 24 hours, trading volume reached nearly $24 billion, signaling that ETH remains one of the most actively traded cryptocurrencies in the market.

ETH faces strong resistance at $2,550-$2,600The short-term recovery in Ethereum price has provided optimistic signals for some traders, yet the asset faces a significant hurdle around the $2,550 to $2,600 resistance zone. Without a decisive breakout and acceptance above this level, analysts suggest the momentum could reverse, potentially sending ETH back toward previous lows.

Brave New Coin, a cryptocurrency data and analytics firm, reported that while ETH trades slightly above psychological thresholds, vulnerability remains in the current setup. The market structure shows that unless buyers can push ETH convincingly above resistance, a period of consolidation or even additional downside is likely.

Wintermute transfers add potential selling pressureMarket maker Wintermute has contributed to near-term caution by transferring a substantial amount of Ethereum onto exchanges. Over the course of three hours, Wintermute deposited approximately 61,847 ETH, totaling $160.3 million, to Binance and Coinbase.

These significant exchange deposits do not guarantee immediate sales but increase the amount of ETH available for trading at a moment when the price is already struggling with heavy resistance.

For Ethereum, such activity could signal further downside if combined with weakening demand and market participation. Analysts caution that large inflows to exchanges may intensify pressure during periods of uncertainty.

Mini dictionary: Wintermute, a prominent global algorithmic trading firm, provides liquidity to major centralized and decentralized exchanges by actively buying and selling large volumes of cryptocurrency assets.

Wyckoff accumulation scenario and possible correctionSome technical analysts, such as bee, view Ethereum’s current recovery as part of a broader Wyckoff accumulation phase rather than the start of a sustained uptrend. Under this framework, price resistance at $2,500-$2,600 is viewed as the upper edge of the accumulation range, with the risk of another “spring” phase that could drag ETH to the $1,750-$1,500 area before any major bullish breakout.

Bee interprets the current price movement as an approach to the range top, with the potential for a deeper correction towards the $1,500 region if ETH fails to clear resistance convincingly.

Analysts stress that while this scenario points to possible short-term weakness, the longer-term view remains constructive as the Wyckoff methodology ultimately envisions a larger expansion after the reset phase.

Declining open interest and volume fuel bearish risksMarket participation around Ethereum has begun to cool, with aggregated open interest and trading volume both edging lower. These indicators, tracked by analysts like Byzantine General, show that current buying enthusiasm may be waning even as price trades in the upper portion of its recent range.

Weaker trading activity raises the likelihood of ETH retesting the $2,300-$2,350 support zone, particularly if volume and open interest fail to recover meaningfully. Analysts note that only a renewed influx of capital and participation could challenge the growing bearish sentiment.

The combination of declining open interest and softening volume strengthens the case for a possible move towards the lower end of Ethereum’s trading range, as new leverage is not entering the market and conviction behind upward moves appears limited.

Bearish PO3 setup highlights $2,200 targetTechnical chartists have also identified the early development of a bearish Power of Three (PO3) setup, with price having entered the upper range after weeks of consolidation. In this model, the recent uptick is described as the “manipulation” phase, which may trigger a reversal and subsequent deeper decline if confirmation appears.

Crypto analyst RektProof argues that a bearish market structure break remains necessary to fully validate this profile. If ETH faces rejection after retesting higher levels near $2,600-$2,670, the distribution phase could send price downward, initially targeting the $2,350 range and, if breached, extending to the $2,200 region.

Mini dictionary: The Power of Three (PO3) trading pattern in technical analysis consists of three phases—accumulation, manipulation, and distribution—often used to forecast significant price reversals in financial markets.

Support/Resistance LevelKey IndicatorBullish/Bearish Implication$2,550-$2,600Major resistanceNeeds breakout for bullish continuation$2,426 (20 EMA)First supportHolding level needed to prevent deeper correction$2,350Range lowLikely pullback target if bearish momentum increases$2,200PO3 bearish targetMain downside level if trend reverses sharply$1,750-$1,500Wyckoff “spring”Deeper correction before recoveryMoving averages provide support beneath priceDespite growing downside concerns, Ethereum still trades above several rising moving averages. The 20 EMA has advanced to about $2,426, while the 30 EMA and 50 EMA are at $2,358 and $2,246 respectively. These technical levels may offer support against larger pullbacks and could provide areas for buyers to step in if price sells off further.

Losing the 20 EMA would likely shift the outlook toward a test of the 30 EMA in the $2,350-$2,400 zone, while a more aggressive decline would target the 50 EMA near $2,250.

Renewed participation required for upside breakFor ETH bulls to reassert control, Ethereum will need to reclaim the $2,550 mark with a renewed surge in trading activity and open interest. Until such a move materializes, analysts say that further correction remains a significant risk, with price levels beneath serving as the roadmap for where buyers may attempt to defend the recovery.

Cover image via depositphotos.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

With a significant comeback from its June lows and a fundamental shift in the technical structure of its daily chart, Ethereum is on its way to one of its strongest third quarters ever.

Currently trading at about $2,492, ETH was at its lowest point in June at about $1,600. From the quarterly low, that amounts to a recovery of over 55%. More significantly, Ethereum is now comfortably above all of its major moving averages after previously trading below them.

Can Ethereum advance further?August saw the arrival of the advance's strongest portion. ETH surged through $2,000 and swiftly hit the $2,400–$2,500 range after consolidating around $1,850–$1,950 for a few weeks. A significant increase in trading volume coincided with the breakout, enhancing the move's technical significance.

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ETH/USDT Chart by TradingViewInstead of giving up its gains right away, Ethereum has since consolidated between $2,400 and $2,550. This is positive because the market is still far above the previous breakout zone while absorbing the strong August advance.

Additionally, the moving-average structure has significantly improved. Short-term averages are rising below the price, with $2,350–$2,400 serving as immediate dynamic support. The majority of longer-term averages fall between $2,180 and $2,250. After spending the majority of 2026 below its major long-term moving average, ETH has even recovered it.

Momentum is slowing downThere are still indications that momentum is slowing down. During the August breakout, RSI soared into overbought territory; however, it has since declined toward the mid-50s. That eliminates a large portion of the overheated state brought about by the initial rally, but it also implies that buyers have lost some short-term momentum.

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About $2,550–$2,650 is the price of the next significant test. A significant breakout could pave the way for a move toward $2,700 and possibly $3,000, as Ethereum has repeatedly failed to establish itself above $2,500.

As of right now, Ethereum has seen a significant turnaround in Q3. The larger bullish structure formed during the quarter is still in place as long as ETH stays in the $2,350–$2,400 range.

Ethereum has posted a strong recovery in the third quarter, reversing its downward trend from June and achieving a notable shift in its daily technical structure. After a prolonged period of weakness earlier this year, the second-largest cryptocurrency by market capitalization now shows clear signs of renewed strength and bullish momentum.

Price recovery and market momentumCurrently trading near $2,492, Ethereum reached its lowest point in June at approximately $1,600. This rebound marks a gain of over 55% from the quarterly low, demonstrating renewed interest among traders and investors.

In August, Ethereum experienced the most robust segment of its recovery, surging past the $2,000 mark and quickly advancing to the $2,400–$2,500 range after consolidating between $1,850 and $1,950 for several weeks. This breakout was accompanied by a notable increase in trading volume, underscoring the strength and significance of the move within technical analysis frameworks.

Instead of retracing its recent gains, Ethereum has maintained a consolidation phase between $2,400 and $2,550, suggesting the market continues to absorb the strong August advance without giving up significant ground.

This consolidation is seen as a positive indicator, as it keeps Ethereum well above its previous breakout level and establishes a new, higher trading range.

Technical structure and moving averagesEthereum’s daily chart reveals that the cryptocurrency has now moved above all its major moving averages, after previously trading below these technical thresholds. Short-term moving averages now provide dynamic support between $2,350 and $2,400, while most long-term averages are clustered in the $2,180 to $2,250 range. The asset has also reclaimed its major long-term moving average following an extended period below it in 2026.

Meanwhile, technical signals indicate that upward momentum is slowing. The relative strength index (RSI) entered overbought territory during the August breakout but has since dropped back to the mid-50s, indicating that some of the excessive enthusiasm has dissipated and buyer activity has stabilized.

Mini dictionary: Relative Strength Index (RSI), a momentum indicator used in technical analysis that measures the speed and change of price movements to assess whether an asset is overbought or oversold.

Key resistance and future outlookLooking ahead, the $2,550–$2,650 area serves as the next major resistance zone for Ethereum. The cryptocurrency has repeatedly struggled to sustain moves above the $2,500 threshold in recent months. A successful breakout beyond this level could create opportunities for further gains toward $2,700 and potentially $3,000.

Price ZoneStatus$2,350–$2,400Current support$2,400–$2,550Consolidation range$2,550–$2,650Next resistance$2,700–$3,000Potential target if breakout succeedsFor now, Ethereum’s significant rebound in the third quarter and its sustained position above major support levels are maintaining a bullish market structure. As long as ETH remains in the $2,350–$2,400 range, technical analysts consider the broader upward momentum to be intact.

Ripple has facilitated significant transfers of its stablecoin RLUSD across both the XRP Ledger and Ethereum networks as the asset’s market capitalization approaches $2.4 billion.

RLUSD Mint and Burn Activity IncreasesThe Ripple Stablecoin Tracker recently identified a mint of precisely 14,394,224 RLUSD at the RLUSD Treasury on the XRP Ledger. This mint followed the burning of 10 million RLUSD on the same ledger. Shortly after, another 15 million RLUSD was removed from the RLUSD supply on Ethereum.

Combined, these three transactions accounted for $39.4 million in RLUSD-related activity in just a few days. Such mint-and-burn cycles reflect Ripple’s management of its stablecoin issuance and treasury liquidity, rather than a direct increase in circulating supply. The company does not publicly disclose details about the origin or specific purpose of each transaction supporting RLUSD movement.

The series of RLUSD mint and burn transactions on both XRP Ledger and Ethereum represented approximately $39.4 million within a short period, highlighting Ripple’s dynamic treasury management approach.

As of the latest figures, Ethereum held about $1.38 billion worth of RLUSD, while the XRP Ledger carried approximately $1.03 billion. This created a difference of roughly $350 million between the two networks, with recent activity showing RLUSD increasingly shifting toward Ethereum.

NetworkRLUSD SupplyEthereum$1.38 billionXRP Ledger$1.03 billionAlthough the new RLUSD mint on the XRP Ledger narrowed this gap slightly, Ethereum continues to hold the majority of RLUSD’s supply. Ongoing treasury transactions on both blockchains indicate active liquidity management from Ripple as market conditions evolve.

The market capitalization of RLUSD stood close to $2.40 billion as of September 11, up from roughly $2.26 billion at the beginning of the month. Daily trading volume registered approximately $114 million, demonstrating RLUSD’s growing presence in stablecoin markets.

Ripple Advances Regulatory Compliance and Institutional UseThis period of treasury activity followed Ripple’s release of a new guide for institutional clients, spotlighting RLUSD’s regulatory framework. Ripple, a technology company specializing in enterprise blockchain solutions and digital payments, highlighted in its materials that RLUSD is fully backed 1:1 by cash and approved cash equivalents, with assets held in segregated reserves. The company says institutions can directly mint and redeem RLUSD through Ripple Mint and benefit from redemption rights and oversight under established regulations.

Ripple’s recent messaging underscores its ambitions for RLUSD as a central component in payments, tokenization, lending, and custody services aimed at financial institutions. These compliance-focused efforts reflect the broader push among major stablecoin issuers to differentiate themselves as regulatory scrutiny intensifies worldwide.

Still, Ripple’s team has clarified that treasury minting reflects internal liquidity needs rather than direct retail or institutional demand. Data from August showed that roughly $449.3 million of RLUSD was minted on the XRP Ledger over a 30-day period, while about $448.9 million was burned within the same timeframe, resulting in an almost exact turnover of supply.

The company’s approach to stablecoin management involves frequent adjustments to ensure sufficient market liquidity and a balance between XRPL and Ethereum-based reserves, as RLUSD continues being adopted for institutional applications.

Mini dictionary: RLUSD is Ripple’s US dollar-backed stablecoin, managed across the XRP Ledger and Ethereum networks. It aims to provide high liquidity and regulatory compliance for institutional finance, allowing minting and redemption on multiple chains.

Coinbase exec: Traditional finance shifting focus to crypto integration

After a strong August rally, where the Spot Bitcoin [BTC] ETFs recorded $3.52 billion in inflows in a month, the September effect seems to be kicking in. In the past week, from 8th to 11th September, BTC ETFs recorded outflows worth $462.73 million.

The week started on a negative note with a cumulative net outflow reaching $46.6 million. This was mainly because of Fidelity’s $17.1 million, Invesco’s $4.7 million, and particularly Grayscale GBTC, which saw a huge $65.5M outflow. 

Bitcoin ETFs’ weekly flow analysis On 9th September, selling pressure became stronger with BlackRock experiencing a $19.5 million outflow, ARKB losing $78.0 million, and Grayscale GBTC losing another $27.2 million, bringing the net outflows to $120.2 million.

Source: SoSo Value The situation deteriorated further on 10th September, which was the worst day of the week with $282.7 million in net outflow. However, on 11th September, things were a little better as the total outflows totaled just $13.2 million.

Across these four days, the ETFs collectively experienced approximately $462.7 million of cumulative net outflows, with Ark Invest’s ARKB and Grayscale GBTC being the most significant sources of selling pressure.

This happened at the same time the price of Bitcoin fell from around $79K to $77,324.76 at press time after a drop of 2.9% in the past week. 

Ethereum ETFs took a different route Though Spot Ethereum [ETH] ETFs usually follow a very similar pattern to BTC ETFs, this time things were a little different. On 8th September, activity was relatively weak, as the total net outflow reached $24.3 million.

Source: Farside Investors On 9th September, the trend reversed decisively, with the products recording a total net inflow of $34.7 million. But on 10th September, selling pressure returned. 

The most significant change came on 11th September, when the Ethereum ETFs recorded a strong $216.4 million in net inflow, the largest positive daily total in the past week.

BlackRock ETHA was the main contributor with a huge $148.8 million inflow, followed by BlackRock ETHB at $18.3 million. 

Other altcoins showed mixed patterns Needless to say, other altcoins also saw mixed flow patterns, with the Solana [SOL] ETF recording $10.30 million in inflows in the past week.

The main contributor of these flows was Bitwise’s BSOL. On the other hand, XRP ETF recorded $0.00 in flows in the past week as per SoSo Value data. Whereas Hyperliquid [HYPE] ETFs recorded $26.42 million in net outflows during the same period. 

Bitcoin continues to stand strong Yet despite a comparatively strong performance in terms of inflows and outflows streak, the altcoin index standing at 40 still suggests that BTC continues to rule the throne.

Source: Coinglass At the same time the Crypto Fear and Greed Index lying in the ‘Greed’ zone at 63 at press time further suggests that the investors are bullish and this might just be a temporary slowdown.  

Source: Alternative This is because the first week of September was also strong in terms of inflows thanks to the changing macroeconomic environment, particularly expectations around U.S. monetary policy.

Final Summary Spot Bitcoin ETFs saw weekly outflows worth $462.73 million in the past week as the price dropped. The other altcoin ETFs saw a mix of inflows and outflows during the same period. 

Ethereum has maintained its bullish momentum as buyers continue to defend a recent breakout and test significant resistance levels. Despite a decrease in trading volume, derivatives positions remain steady, reflecting resilience among market participants as Ethereum pursues further gains.

Technical outlook and key price levelsEthereum is currently consolidating below a critical resistance area near $2,550. Crypto analyst Satoshi Flipper identified this level as pivotal, noting that a sustained breakout above $2,550 could shift focus to the psychological barrier at $3,000.

The cryptocurrency recently advanced from a mid-summer consolidation zone around $1,560, reaching approximately $2,522. This move established a stronger market structure, placing Ethereum above its major moving averages.

The 20-day exponential moving average (EMA) stands at around $2,425. Ethereum’s ability to stay above this technical indicator is providing underlying support to its bullish trend and offering buyers a foundation for potential further gains.

Ethereum buyers remain active as the price holds above the 20-day EMA and hovers just below crucial resistance. A firm push through $2,550 could spark significant new buying and set the stage for a move to $3,000.

Failure to confirm a decisive breakout could result in renewed sideways trading. A sustained close above $2,550 remains necessary to reinforce the bullish scenario, while a breakdown below the 20-day EMA may bring the $2,200 level into focus as support.

LevelSignificance$2,550Key resistance, potential breakout point$3,000Psychological target if breakout confirmed$2,42520-day EMA, important support$2,200Next major support if EMA failsMomentum indicators and trading activityTechnical indicators further support Ethereum’s current outlook. The relative strength index (RSI) on the 14-period chart reads 63.6, suggesting healthy buying pressure without entering overbought territory. The RSI’s position above 50 indicates continued bullish momentum, with room for further appreciation should buyers maintain the initiative.

However, traders are also monitoring any signs of exhaustion. A declining RSI paired with an unsuccessful breakout could point to another consolidation phase.

Derivatives market trendsAccording to data from Coinglass, Ethereum’s daily trading volume dropped by 66.76% to approximately $23.2 billion. Despite this sharp contraction, open interest in Ethereum derivatives remains stable at about $31.8 billion, signaling that market participants have maintained their positions even as broader activity decreased.

This divergence suggests that many traders are taking a wait-and-see approach, looking for a decisive move above resistance and higher trading volumes before committing new capital.

A breakout over the $2,550 level, reinforced by increasing volume, may provide the confirmation needed for renewed bullish momentum in Ethereum.

Ethereum’s leadership in real-world asset adoptionFundamentally, Ethereum continues to lead the adoption of real-world assets (RWA) within the blockchain sector. Data from Token Terminal shows that Ethereum accounts for roughly $23 billion in RWA market capitalization, representing nearly half the global total of $46.4 billion in this segment.

Other blockchains have also recorded notable growth in this area. Solana’s RWA market capitalization increased by $263.3 million, while Stellar and Robinhood Chain registered gains of $150.6 million and $148.9 million, respectively.

Although this expansion in RWAs does not directly guarantee a near-term increase in the price of ETH, Ethereum’s dominant share in this market underpins its broader adoption story.

For now, attention remains focused on whether Ethereum can decisively clear the $2,550 resistance. Success could reinforce the bullish outlook with a target of $3,000, while failure may lead the cryptocurrency to test crucial support at its key moving averages.

Mini dictionary: Real-world asset (RWA), a blockchain-based representation of tangible assets such as real estate, commodities, or financial contracts, allowing on-chain trading and management.

Ethereum fiyatı ağustos ayında yaşanan toparlanmanın ardından 2.470 dolar çevresinde konsolide olurken, zincir üstü veriler ETH arzında dikkat çekici bir değişime işaret ediyor. Binance üzerindeki Ethereum rezervlerinin üç ayın en düşük seviyesine gerilemesi ve staking miktarının rekor seviyelere ulaşması, piyasada işlem görmeye hazır ETH miktarını azaltıyor. Bu gelişmeler potansiyel satış baskısını sınırlayabilecek olumlu bir tablo oluştururken, ETH fiyatının yeniden güç kazanabilmesi için 2.540 dolar direncinin aşılması kritik görülüyor.

Binance Ethereum Rezervleri Üç Ayın Dibine Geriledi CryptoQuant verilerine göre Binance üzerinde tutulan Ethereum rezervleri yaklaşık 3,74 milyon ETH’ye gerileyerek son üç ayın en düşük seviyesine ulaştı. Büyük borsalardaki toplam ETH rezervlerinin ise yaklaşık 14,88 milyon ETH ile çok yıllı düşük seviyelere indiği belirtiliyor. Borsalardaki rezervlerin azalması, yatırımcıların doğrudan satış için kullanabileceği ETH miktarının düşmesi anlamına gelebilir. Bu durum tek başına fiyat yükselişini garanti etmese de talebin güçlenmesi halinde sınırlı likit arzın Ethereum fiyatı üzerindeki yukarı yönlü etkisini artırabilir.

İlginizi Çekebilir: Bitcoin İçin Fed Alarmı: Nasıl Tepki Verecek?

Borsa rezervlerindeki düşüşle birlikte Ethereum staking tarafındaki güçlü büyüme de dikkat çekiyor. Verilere göre yaklaşık 43,1 milyon ETH stake edilmiş durumda. Bu miktar dolaşımdaki Ethereum arzının yaklaşık yüzde 35,9’una karşılık geliyor. Staking miktarının yükselmesi, piyasada hemen alınıp satılabilecek ETH miktarını daha da sınırlandırıyor. Borsa rezervlerindeki düşüş ve staking oranındaki artış birlikte değerlendirildiğinde Ethereum’un likit arzında belirgin bir sıkılaşma görülüyor. Ancak bu arz yapısının fiyatı destekleyebilmesi için spot piyasadaki alıcı talebinin de güçlenmesi gerekiyor.

Büyük Yatırımcılar ETH’de Yükseliş Beklentisini Koruyor CoinGlass verilerine göre Binance’in önde gelen yatırımcıları arasında uzun pozisyonların oranı yüzde 59,05 seviyesinde bulunurken, kısa pozisyonların payı yüzde 40,95 seviyesinde. Uzun ve kısa pozisyonlar arasındaki oran ise yaklaşık 1,44 olarak hesaplanıyor. Ethereum açık pozisyon büyüklüğünün yaklaşık 33,73 milyar dolar seviyesinde kalması da türev piyasalarındaki yatırımcı ilgisinin devam ettiğini gösteriyor. Uzun pozisyonların ağırlıkta olması yükseliş beklentisini desteklerken, yüksek kaldıraç kullanımı aynı zamanda risk oluşturuyor. ETH’nin kritik destek seviyelerini kaybetmesi durumunda uzun pozisyon tasfiyeleri satış baskısını hızlandırabilir.

Ethereum yaklaşık 2.470 dolar çevresinde hareket ederken teknik görünümde 2.372 dolar seviyesi önemli destek olarak öne çıkıyor. Fiyatın bu bölgenin üzerinde kalması, mevcut konsolidasyon yapısının korunması açısından önem taşıyor. Yukarı yönlü hareketlerde ise 2.500 dolar psikolojik seviyesinin ardından 2.540 dolar ana direnç olarak takip ediliyor. RSI göstergesinin yaklaşık 60,5 seviyesine gerilemesi, önceki güçlü alım momentumunun bir miktar zayıfladığını gösteriyor. Parabolik SAR’ın fiyatın üzerinde bulunması da kısa vadeli baskının tamamen ortadan kalkmadığına işaret ediyor. ETH’nin 2.540 dolar üzerinde kalıcı bir kırılım gerçekleştirmesi halinde yükseliş momentumunun yeniden güç kazanması mümkün olabilir.

Değerlendirme Ethereum tarafında borsa rezervlerinin azalması ve staking miktarının rekor seviyelere ulaşması, piyasadaki likit ETH arzını giderek daraltıyor. Binance rezervlerinin 3,74 milyon ETH’ye gerilemesi ve yaklaşık 43,1 milyon ETH’nin staking sisteminde bulunması arz tarafında dikkat çekici bir tablo oluşturuyor. Bununla birlikte arzın azalması tek başına fiyat artışı için yeterli olmayacağından spot talebin güçlenmesi belirleyici olacak. Teknik tarafta 2.372 dolar desteği korunurken 2.500 ve özellikle 2.540 dolar seviyeleri yukarı yönlü hareket açısından kritik önem taşıyor. ETH’nin 2.540 dolar direncini aşması durumunda mevcut konsolidasyondan çıkış için daha güçlü bir teknik sinyal oluşabilir.

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Following yesterday’s CPI release, Ethereum rallied nearly 10% in a short span, jumping quickly from $2,433 to $2,667. Analyst Alicharts attributes this short-term surge to whale activity, noting that the volume of Ethereum transactions worth over $1 million rose by nearly 14% during the period. However, Alicharts also warns that Ethereum is now approaching a major resistance level. Over 10 million ETH previously changed hands between $2,700 and $2,800, creating a significant supply barrier. This is the critical range whales must clear to drive Ethereum toward $3,000.

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PI remained tightly confined beneath $0.10, despite improving sentiment across the broader digital asset market.

The crypto market increased 1.15% to $2.65 trillion during the past 24 hours. Ethereum’s technical breakout and renewed institutional ETF inflows supported the advance.

Bitcoin price traded near $77,321, while Ethereum changed hands around $2,536. XRP price stood near $1.37, and Solana traded around $102.06.

Protocol 27 Mainnet Upgrade Targets September 15 Protocol 27 entered Testnet 1 on August 21 after Protocol 26 reached Mainnet.  The upgrade is targeting Mainnet activation on September 15, although Pi has not confirmed that date.

It is expected to improve smart contract authentication, RPC infrastructure, and automated market maker liquidity pools. The modifications will give developers a firmer exchange, payment, and decentralized application foundations.

One Week till the Pi Network’s Protocol Version 27 Upgrade

Pi Network’s (@PiCoreTeam) Protocol 27 upgrade has been targeted for 15 September 2026.

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Protocol v27 is referred to as the last… pic.twitter.com/5ZQ2FifCRD

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On September 4, Pi also introduced local application storage, staking data access and native file-sharing tools.

The new documentation incorporates authentication, payments, and sandbox testing as well as launch guidance in a single developer hub.

These new features can be useful, although their cost effect hinges on usage and the continued use of the network. Token unlocks and thin exchange liquidity could still limit any upgrade-driven advance.

Crypto Market Gains Before September FOMC Meeting The FOMC meets September 15–16, with its interest-rate decision scheduled for September 16.

Traders are weighing higher borrowing costs against cooling core inflation and resilient employment data.

A hawkish result may bolster the dollar and strain speculative assets, such as PI.

Nevertheless, a less aggressive message would help to prolong the market recovery and enhance the demand of smaller tokens.

The time sets a shaky background since the Protocol 27 and the Fed meeting coincide.

The presence of Bitcoin price around and over $77,000 would help stabilize the market, whereas the Ethereum breakout would facilitate a wider adoption. PI may struggle independently if major assets reverse after the policy announcement.

Will Pi Network Price Rally Toward $0.15 This Month? Pi Network is trading at a higher price than the short-term support price of $0.094 and the immediate resistance prices are $0.098 and $0.10.

The RSI stands at about 55 daily which indicates a moderate positive momentum, but not overbought.

Meanwhile, MACD holds a bullish signal with a positive histogram, though momentum remains modest.

A decisive daily close above $0.10 could expose $0.111, followed by $0.137. A Breaking both barriers with stronger volume would place the $0.15 zone within September’s possible range.

That target represents an increase exceeding 55% from the current Long-term Pi coin projection, making confirmation essential.

Source: Tradingview A $0.15 test therefore requires successful activation, stronger utility demand, and supportive market conditions. Failure to defend $0.094 could send Pi Network price toward $0.09, followed by $0.085 and $0.08.

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19h05 ▪ 5 min read ▪ by Evans S.

Summarize this article with:

Ethereum still aims for October 6 at 13:53 UTC to activate Glamsterdam on the Sepolia testnet. The date now appears as the next milestone on Ethereum’s official roadmap. But it remains fragile: Glamsterdam has not yet completed any full run on a stable private devnet, and several bugs must be fixed before exposing the update to Sepolia. The mainnet is still planned for the fourth quarter of 2026, with no confirmed date.

In Brief Glamsterdam targets Sepolia on October 6, but the date remains conditional. Devnet-9 has 1,000 validators and still fails to finalize properly. A bug related to EIP-8037 forces execution layer clients to modify their code. Devnet-9 Still Blocks Before Transition to Sepolia Glamsterdam was supposed to use devnets to eliminate these kinds of problems before reaching public networks. Cointribune was already following the entry of Glamsterdam into its advanced testing phase in the spring.

Five months later, tests are much heavier. Glamsterdam-Devnet-9 was launched on September 1 with 1,000 validator nodes, making it the largest Glamsterdam devnet so far by node count. The result is not yet as expected: the network does not finalize properly. Too few validators propose and attest the same chain head to reach finality.

Stefan Starflinger, DevOps engineer at the Ethereum Foundation, believes that this size mainly highlighted edge cases that were less likely to appear in smaller configurations.

Devnet-8 had already encountered a more serious problem. A bug could freeze the network when a validator proposed a block sharing the same parent hash as the one expected in a specific situation. Client teams have since worked on fixes. So Sepolia is not malfunctioning. Glamsterdam just hasn’t succeeded there yet.

EIP-8037 Adds a New Problem to Solve Another bug directly affects EIP-8037, one of the major proposals of Glamsterdam. This EIP changes the pricing for creating new permanent data on Ethereum. The network wants to increase capacity without letting its database grow at the same pace. EIP-8037 notably introduces separate accounting for certain costs related to state creation.

Cointribune had already explained why this adjustment matters in the project aiming to greatly boost Ethereum’s execution capacity.

Maria Silva, researcher at the Ethereum Foundation, identified during testing a problem related to this EIP. The fix requires updating all affected execution layer clients.

Ethereum will therefore take another round. Developers are now preparing a new devnet before Sepolia. CryptoPotato indicates that Devnet-11 has become the test to watch, with Devnet-10 no longer the main step retained in this week’s reported schedule.

Parithosh Jayanti, who chaired the developers’ meeting, did not guarantee October 6. If the next devnet still encounters significant problems, teams will have to reassess the date “on a case-by-case basis.” So October 6 is definitely a target. Not yet a promise.

Ethereum: Mainnet Still Targeted End 2026, No Confirmed Date Ethereum.org continues to display Q4 2026 for the deployment of Glamsterdam on the mainnet. No specific day is indicated. Sepolia, meanwhile, officially appears as the next milestone with the date of October 6.

After Sepolia, Hoodi must still come, the second public testnet planned in the deployment. Here too, developers preferred to wait before setting a date.

Enrico del Fante, from Consensys, notably advocated for a few additional weeks before committing on Hoodi. The problems encountered on Devnet-9 make a precise timeline difficult to keep.

The challenge goes beyond a simple crypto hard fork. Glamsterdam must deeply modify how Ethereum builds and verifies its blocks. Its program notably includes ePBS, or built-in separation between block proposers and builders, as well as Block-Level Access Lists, designed to prepare for more parallel processing.

The network is already preparing the next steps. Cointribune recently detailed the planned work after Glamsterdam around Hegotá and privacy. For now, December remains possible. But Ethereum must first achieve something much simpler on paper: a Glamsterdam devnet that finalizes cleanly. If Devnet-11 succeeds, October 6 will remain within reach. Otherwise, Sepolia may still have to wait.

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Evans S.

Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.