Hyperliquid’s HYPE token was among the few to rally on the day, as Arthur Hayes forecast a 126x upside for HYPE during a conference in Tokyo.
Since 2016, whenever Ether’s price has gone up in August, it has historically fallen in September, data shows.
Social media mentions of Federal Reserve-related keywords and the anticipated interest rate cut have reached an 11-month high, according to Santiment.
Caitlin Long said mismatches between legacy financial systems and blockchain protocols, which settle in real-time, may impact TradFi firms.
Rumors on social media about a World Liberty Financial governance proposal from October 2024 drove the Aave token down by over $30.
Crypto inclusion in 401(k) plans may be more significant for Bitcoin than the 2024 launch of US spot Bitcoin ETFs, according to Bitwise’s European head of research.
The forecast, which was published on Thursday, came amid renewed interest in stablecoins from several governments around the world.
Rising spot ETF demand, extremely strong technicals and a supply shortage could push ETH price to $6,000 before the end of 2025.
Record ETF inflows pushed Ether holdings to 6.4 million, tightening supply as the price tested $4,668 after dovish comments from the Federal Reserve Chair Jerome Powell.
Coinbase is reinforcing security after North Korean hackers exploited its remote work policy, with CEO Brian Armstrong outlining stricter hiring measures.