Zcash climbed through $1,000 while Bitcoin briefly traded above $82,000 after a softer signal from Federal Reserve Governor Christopher Waller drew buyers back to risk assets. The move lifted the wider crypto market to its highest valuation in more than seven months, although strong US employment data later cooled the rally.
By John Isige Last week, the ETH/USD pair corrected sharply downward, updating a two-month low at 3824.90 under pressure from rising expectations that the U.S. Federal Reserve will hold off on monetary easing in the near term.
By Andrew Bennett The U.S. Securities and Exchange Commission has moved to accelerate the approval of spot crypto ETFs, asking issuers to withdraw their 19b-4 filings after adopting new generic listing standards for commodity-based ETPs.
By John Isige The team behind the independent validator client Firedancer from Jump Crypto has proposed SIMD-0370, which calls for fully removing the fixed compute unit (CU) limit per block on the Solana network.
By John Isige The SOL/USD pair continues to trade within a long-term uptrend channel. Last week, the price tested its upper boundary after the Fed’s interest rate cut and the launch of a Ripple ETF, climbing toward 250.00 (Murray level [8/8]). However, the bulls failed to hold the level, and a downward correction followed. At present, the pair is approaching 203.12 (Murray level [5/8], 61.8% Fibonacci retracement). A breakout below this level could extend the decline toward 183.80 (50.0% Fibonacci retracement) and 171.88 (Murray level [3/8]). For buyers, the key threshold lies at the middle Bollinger Band around 227.50; a move above it would reopen the path toward 250.00 and 265.62 (Murray level [+1/8]).
By John Isige Native Markets has officially launched the USDH stablecoin on Hyperliquid, opening trading in the USDH/USDC pair. The debut generated around $2.1 million in initial volume, according to Hyperliquid
By John Isige The XRP/USD pair has been trading within the 3.1250–2.7344 range (Murray levels [4/8]–[2/8]) for the second consecutive month and has yet to break out. Last week, the instrument once again tested the upper boundary of this corridor following the launch of the first U.S. spot ETF based on XRP from REX Shares.
By John Isige The ETH/USD pair is trading within a long-term uptrend but has entered a correction phase since the Fed’s recent rate cut. The price is now testing the lower boundary of the short-term sideways range at 4687.50–4062.50 (Murray [7/8]–Murray [5/8], Fibonacci 23.6% retracement). A breakdown could push ETH towards 3540.00 (Fibonacci 38.2%) and 3125.00 (Murray [2/8], Fibonacci 50.0%). For the bulls, the key level remains 4687.50 (Murray [7/8]); a breakout above it may trigger renewed growth toward 5000.00 (Murray [8/8]), 5312.50 (Murray [+1/8]) and 5625.00 (Murray [+2/8]).
By John Isige The broader crypto market is currently in a holding pattern, but Binance Coin (BNB) is breaking away from the pack. While Bitcoin, Ethereum, and most other assets are moving sideways, BNB has been setting fresh records. Earlier this week, the exchange token surged past $1,000 to hit a new all-time high—and the rally hasn’t slowed. At the time of writing, BNB is trading just below $1,100, marking an 8% gain in the past 24 hours.
By John Isige Altcoin season is officially underway, with the AltcoinSeason Index reaching its highest level since late 2024, according to DLNews.
By John Isige Ethereum could finish the year near $4300, though in a negative scenario the downside may be much deeper, Citi analysts told CoinDesk.
By Sagar Dua The ETH/USD pair is holding around 4529.00: over the past week the asset has gained almost 10.0%, reflecting improved market sentiment and increased institutional interest in the crypto asset, confirmed by CryptoQuant statistics.
By John Isige Crypto investors have withdrawn 1.35 million ETH worth more than $6 billion from major exchanges. Here’s what it means for Ethereum.
