crtypto & forex news

XRP has managed to hold its $2.80 support despite a sharp 4% drop over the past 24 hours, falling from $2.85 to $2.75 in the Aug. 31–Sept. 1 trading session. The sell-off was fueled by institutional liquidations totaling $1.9 billion since July, but whale investors took the opposite stance, scooping up 340 million XRP worth nearly $962 million during the dip. This accumulation suggests that large holders view current prices as a strategic entry point, even as short-term traders exit positions. Data also shows $268 million in XRP leaving exchanges, reinforcing the view that long-term investors are tightening supply in anticipation of future gains. Technical Setup Points XRP Toward $4 From a technical perspective, XRP’s immediate support lies between $2.75–$2.77, with resistance seen at $2.80–$2.87. Analysts note that a close above $2.87 could open the path toward $3.30, a critical breakout zone that could trigger further momentum. Momentum indicators back the bullish case. The Rel...

Ethereum is once again in the spotlight as institutional demand and whale accumulation continue to shape the market, even in the face of a recent correction. Despite price retracements that have introduced uncertainty, the broader trend reveals that large investors are steadily rotating capital into ETH. Headlines about whales moving significant amounts of funds to accumulate Ethereum have dominated the news cycle, reinforcing the view that ETH remains a cornerstone asset for the next phase of the market. One of the most notable players driving this trend is a massive Bitcoin OG wallet that has repeatedly caught analysts’ attention. According to Lookonchain, this whale has sold another 2,000 BTC, worth approximately $215 million, and immediately purchased 48,942 ETH ($215M) spot over the past four hours. This aggressive move adds to an already substantial position, reflecting a decisive capital rotation strategy away from Bitcoin and into Ethereum. Such transactions highlight the gro...

Crypto analyst Alex Krüger stated that crypto charts ‘look so broken and bearish that is bullish.’ According to the analyst, the recent $BTC and $ETH crash signals it’s time to go long. The charts are also looking good for alt coins: Notice how today’s move was mainly BTC and ETH getting dumped, while alts stopped crashing earlier. Often a sign of upcoming strength. — Alex Krüger, X post According to Krüger, the current bear trend is just a psychological game triggered by investors taking in profits before the next Federal Open Market Committee (FOMC) meeting on Sept. 16-17. That’s when the Fed decides whether to cut interest rates or not, which is likely to happen. A positive decision would reduce the cost of borrowing and add liquidity, increasing trust in high-risk assets like crypto. A bullish market would also catapult alt projects like PepeNode ($PEPENODE) into the mainstream’s view. Thanks to this project’s long-term potential and investor appeal, the $PEPENODE token c...

The official Litecoin account ignited a cross-community skirmish on X late on August 29 with a long, caustic “fun fact” that veered into an elaborate mock of XRP’s bank-rail narrative and even a jab at Ripple CEO Brad Garlinghouse, nicknamed “Brad Garlicmouse” in the post. The message likened the smell of comets to “the idea that tokens called XRP would be sold off to retail investors with the illusion that a digital bank drive-up tube is worth more than the money it transfers back and forth because there are only so many tokens in existence,” before concluding with a snide aside about “the president… sleeping with Brad Garlicmouse.” The post quickly ricocheted across Crypto X, drawing heavy engagement and heated replies. As replies piled up, the Litecoin handle adopted a meta-commentary, positioning the episode as part of a broader “roast” bit across communities. “I roast Solana: We laughed, we cried, little pushback. I roast MYSELF: Funny, but true. I roast XRP: Diarrhetic vitriol...

As the crypto market ushers in a new month, Dogecoin and Shiba Inu holders are faced with fresh hopes and fears, especially as the market remains uncertain and prices continue to fluctuate. In the current state, there is still some time until a particular direction is decided for the meme coins. However, taking a look at historical data and how both Dogecoin and Shiba Inu prices have previously performed in the month of September can often help with an idea of what to expect in the new month. How Dogecoin And Shiba Inu Prices Have Performed In September Shiba Inu has been in existence for a considerably lesser time than Dogecoin, with DOGE’s 12 years compared to SHIB’s five years. However, both meme coins seem to go hand in hand as the largest meme coins in the market. Hence, the performance of Dogecoin and Shiba Inu prices tends to go together as both are the market leaders in their niches. As a result, this report will look at the performances of Dogecoin and Shiba Inu prices ov...

El Salvador verteilt seine staatlichen Bitcoin-Reserven auf viele kleinere Adressen, um potenzielle Risiken zu reduzieren. Grund dafür sind theoretische Gefahren durch künftige Quantencomputer. Experten sind sich uneinig, ob diese Bedrohung schon realistisch ist, doch das Land setzt frühzeitig auf Vorsorge. El Salvador als Bitcoin-Pionier El Salvador schrieb 2021 Geschichte, als das Land Bitcoin als offizielles Zahlungsmittel neben dem US-Dollar einführte. Unter Präsident Nayib Bukele wurde dazu ein spezielles Gesetz verabschiedet, das den digitalen Token auf eine Stufe mit der Landeswährung stellte. Damit begann ein wirtschaftliches Experiment, das weltweit für Aufmerksamkeit sorgte und zugleich viele Diskussionen auslöste. Von Anfang an kaufte die Regierung aktiv Bitcoin mit Staatsmitteln ein. Bukele nutzte Marktbewegungen geschickt aus, um die Bestände weiter aufzustocken. Heute besitzt das Land nach offiziellen Angaben 6.285 Bitcoin, was die Entschlossenheit seiner Politik ...

El Salvador moved its national Bitcoin stash into multiple wallets on Friday as a hedge against a future cryptographic threat, according to official posts and blockchain records. The country transferred 6,274 BTC — roughly $678 million at current prices — out of a single address and into 14 separate addresses, with each new address holding up to 500 BTC. Split Wallets To Limit Exposure Based on reports from the Bitcoin Office, the move was meant to reduce the impact of any future quantum breakthrough. Officials said the shift was a simple, defensive step. Once funds are spent from a Bitcoin address, the address’s public key becomes visible on the blockchain. That public key, people warn, would be the target if quantum machines ever reached the ability to solve elliptic curve cryptography. El Salvador is moving the funds from a single Bitcoin address into multiple new, unused addresses as part of a strategic initiative to enhance the security and long-term custody of the Natio...