Latest Crypto News & Market Updates

Ethereums Next Move Hinges on Support in Chart Scenario

Ethereum traded near $2,697 after clearing the daily range high of $2,649.89.The chart marks $2,787 as Ethereums next upside buy-side liquidity target.The projected rebound requires support at $2,587–$2,607; a retest is unconfirmed.ETH PRICE AT WRITINGCOMPLETED PRICE MOVEREACTION ZONEUPSIDE TARGETNear $2,787Above September 19 High$2,587–$2,607$2,787　　Ethereum moved above the September 19 high and the marked daily range high of $2,649.89, trading near $2,697 at the time of writing. The chart identifies $2,787 as the buy-side liquidity target and outlines a possible retracement into $2,587–$2,607 before another advance.　　That sequence remains a projection; the chart does not establish that the retracement or subsequent rally has occurred. ETH recovered from approximately $2,575 and moved above $2,649.89.　　The projected continuation depends on a successful test of the highlighted internal reaction zone. The marked daily range low stands at $2,564.33.　　Completed Liquidity Event and Higher-Timeframe Context　　The supplied analysis identifies Ethereums move through the September 19 high as a completed liquidity event. Price also crossed the marked daily range high during its recovery. Several consecutive bullish candles appeared after the pullback toward $2,575. The latest candle had a smaller size near $2,668 than the preceding candles.　　Source: TradingView　　These observations set the recovery and the position of price relative to the marked range.

09-22Industry

Kalshi Faces Wash Trading Allegations Over $539M ETH Perp Volume

Key highlights:A trader has raised concerns about possible wash trading on Kalshis Ethereum perpetual futures contractThe platform recorded $539 million in 24-hour trading volume, with only $3.1 million in open interestBeni noted that the latest fee rebate program for perpetual contracts helps traders make repeated trades　　Prediction market platform Kalshi is facing fresh scrutiny over its crypto perpetual futures. After the platforms Ethereum perps recorded an unusually high trading volume, with open interest remaining relatively low, the large gap between the two raised concerns of possible wash trading.　　Why is Kalshis ETH perpetual trading activity under scrutiny？　　Traders have reportedly highlighted unusual trading activity on Kalshis Ethereum perpetual futures contract. The concerns come as there was a wide gap between the trading volume and open interest. According to traders, such a gap could indicate possible artificial or wash trading activity.　　Notably, quantitative analyst and co-founder of Stealth Neolab Beni took to X to highlight the figures for Kalshis ETH perpetual contract (ETH-PERP). “Kalshi fakes their crypto volume, and I can prove it,” stated Beni. According to his post, the contract saw around $539 million in 24-hour trading volume, while the open interest was recorded at merely $3.1 million.　　Discover more　　Ethereum market analysis　　Enterprise blockchain solutions　　Secure crypto

09-22Industry

Fetch.ai Pauses AGIX-FET Swap After Bridge Exploit

Fetch.ai, a founding member of the Artificial Superintelligence Alliance, confirmed on September 20 that the SingularityNET bridge between the Ethereum and Cardano networks had been exploited. In a post on its official X account, the company said the incident was first reported a day earlier and stressed that its own contracts were unaffected. The disclosure arrived as Fetch.ai paused AGIX-to-FET conversions, freezing one of the main routes users take to swap between the two tokens.　　The Bridge Was the Target　　The attack struck the SingularityNET bridge, infrastructure that lets holders move AGIX, SingularityNET‘s native token, across chains. Fetch.ai was explicit that the problem sits with SingularityNET rather than its own code, writing that “the attack is targeting SingularityNET” while FET “continues to operate normally.” Security trackers placed the initial loss at roughly $1.5 million to $2 million, drawn from the bridge and from NuNet’s NTX token, which slid sharply once the breach became public.　　Conversions Paused as a Precaution　　Fetch.ai said it halted AGIX-to-FET conversions while the SingularityNET team investigates. The move matters because the conversion contract is the junction between the two ecosystems, and leaving it open risked letting the attacker keep draining value before the root cause was fixed. Fetch.ai framed the

09-22Industry

Oil: Tightness turning critical – Societe Generale

Societe Generale strategists Michael Haigh and Jeremy Sellem argue that global Oil product markets have shifted from tight to critical. They link East-West pipeline disruptions, Russian outages, elevated freight and low inventories to structurally constrained supply. They highlight exceptionally high refining margins, stressed crude and product balances, and warns that current conditions leave little buffer against further shocks.　　Global product balances under strain　　“This weeks CCA examines the growing evidence of tightening global oil product markets. We assess the implications of the recent East-West pipeline disruption, worsening Russian refinery outages, and the increasing disconnect between crude oil and diesel markets as exceptional product tightness drives product prices higher. We also explore the sharp rise in freight rates, now up by an order of magnitude of tenfold in some key routes, and how these costs are increasingly feeding through to end-user prices.”　　“Finally, through a series of charts, we present the anatomy of product market tightness, showing declining inventories, weaker exports, lower refinery supply, and rising refinery outages, all pointing to an increasingly constrained global market. Refining margins are extremely high reflecting the need for products.”　　“Taken together, the charts suggest that product markets remain structurally tight. The persistence of margins well above historical averages

09-22Industry

Big techs final melt-up is coming before a major crash, strategist warns

Macro strategist Henrik Zeberg has warned that Big Tech stocks may be entering their final powerful rally before a sharp market collapse.　　In an X post on September 20, the strategist argued that the technology sector remains in the late stages of a bubble that could eventually unravel dramatically.　　According to Zebergs latest analysis of the FAANG-focused U.S. Big Tech Index, the sector is still positioned for another strong advance despite growing concerns about the broader economy.　　However, he believes the move higher will mark the final phase of the current bull cycle before a severe correction takes hold.　　Discover more　　FINANCE　　Crypto exchange comparison　　Printing & Publishing　　Nasdaq chart. Source: Henrik Zeberg　　The strategists outlook suggests the Nasdaq 100 could climb to between 37,000 and 39,000 in the coming weeks or months before reversing sharply.　　He projects that the index could eventually fall back toward its 2022 lows near 10,600, implying a decline of roughly 70% from the eventual peak.　　His analysis indicates the current uptrend remains intact, with the FAANG Index potentially heading for one final rally before a major reversal.　　Zebergs outlook also highlights bearish RSI divergences, a signal of weakening momentum despite rising prices.　　He maintains that technology stocks can continue advancing in the near term, even as broader

09-22Industry

Anthropics November IPO Could Value Claude Maker at $2 Trillion

Anthropic is reportedly pushing its planned initial public offering to November, setting up what could become one of the largest technology listings ever attempted.　　The Claude developer could seek a valuation of roughly $2 trillion and raise as much as $100 billion, according to the Wall Street Journal. The reported timing has shifted from an earlier October target, giving Anthropic more time to present third-quarter financials to investors before the listing.　　The numbers are extraordinary even by AI standards. A $100 billion raise would exceed the size of most annual IPO markets and put Anthropics debut alongside the biggest equity offerings in history.　　November Could Give Anthropic a Stronger Financial Story　　The delay may be strategic rather than a sign that the offering is in trouble.　　Anthropic‘s annualized revenue run rate was already above $65 billionby July, and investors are watching whether that growth can continue into the third quarter. A stronger set of financial results could help support the leap from Anthropic’s earlier private valuation toward the $2 trillion figure being discussed for the IPO.　　The company has already been linked to a record-size offering with Nvidia potentially investing up to $10 billion, which could give the deal a powerful anchor investor if talks progress.　　Anthropics

09-22Industry

Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade

Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrencys rebound helped corporate balance sheets recover losses.　　Related Asset Bitcoin #1 BTC · $85,797.28 24-hour change: up 5.55% Loading price history… 24H Up 5.55% 7D Up 9.15% 30D Up 11.00%　　Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for $75.7 million between Sept. 14 and Sept. 20 at an average price of $79,670, according to a regulatory filing Monday. The purchase returned its holdings to 846,000 BTC, acquired for a total of $63.8 billion at an average cost of $75,416.　　Strive Inc. separately bought 1,355 BTC for $107.7 million at an average price of $79,475 between Sept. 14 and Sept. 18, taking its treasury to 26,355 BTC. Cash and equivalents rose to $229.6 million over the same period.　　Related Company Strategy Business intelligence software　　Both purchases were made below Bitcoins latest market price. The token surged above $85,000 Monday, its highest level since January, extending a recovery of almost 30% from its August lows.　　The buying stands out because the broader corporate treasury trade has slowed sharply. Listed companies added about 5,900 BTC over the past three months, Glassnode said in a report last week. That

09-22Industry

Litecoin price jumps 8%—can LTC break through $65？

Litecoin [LTC] jumped over 8% over 24 hoursto about $62as buyers returned across the wider crypt market.　　The move carried LTC to its highest price since June. However, the area between $63.80and $65 could determine whether the rally continues or begins to lose momentum.　　Litecoin trading activity nearly doubles　　Market data showed Litecoin rising from below $57to an intraday high near $63.80before giving back some gains.　　Its 24-hour trading value soared about 93%to over $520 million. Both value and price rose, which implies more traders joined the market.　　However, the coin was not rising alone. It was joined by Bitcoin, which increased 5.7%, breaking above $85,000, and several of the other large crypto coins, too.　　In its latest move, Litecoin has now extended its recovery surge from around $51.50 to $62and more. That is still only close to 20 percent since bottoming.　　Can LTC move beyond $65？　　The daily chart confirms that Litecoin is now moving above the levels that previously prevented it from recovering.　　Also trading well clear of its immediate past averages, which are clustered around the $50-$55 level. What this means is that the market has moved from floundering beneath this area to seeing it as a base or area to work with.　　The first challenge now

09-21Industry

Grayscale Zcash ETF to Split 3-for-1 as Assets Near $1B

Key highlights:Grayscales ZCSH ETF will undergo a 3-for-1 share split on Sept. 30, reducing the per-share price to ~$39.24 from ~$117.72ZCSH has accumulated $914.53M in net assets and $11B+ in cumulative trading volume since its Aug. 25 launch, with September inflows of $249.12M already far exceeding Augusts $21.83M totalZEC gained 8.3% to $1,568 as investors anticipate the NU7 upgrade targeting the Oct. 6 testnet and Nov. 5 mainnet activation　　Grayscale‘s Zcash ETF, ZCSH, is set to undergo a 3-for-1 forward share split on Sept. 30, less than six weeks after beginning trading as inflows pushed the fund’s assets close to $1 billion.　　Since beginning trading on August 25, ZCSH has attracted more than $233 million in inflows. As of September 18, the fund held nearly $890 million in net assets, while cumulative trading volume had surpassed $11 billion.　　Under the split, shareholders of record at the close of trading on September 28 will receive two additional ZCSH shares for every share they own.　　The additional shares will be distributed after the market closes on September 29, with split-adjusted trading set to begin on NYSE Arca before the market opens on September 30, according to a September 18 filing.　　ZCSH shares are about to triple—heres what

09-21Industry

Coinbase opens US IPO access with Oura listing

Coinbase has opened initial public offering access to eligible U.S. retail customers, starting with Ouras $2.2 billion offering, as COIN shares gained more than 5% on Sep. 21.　　SummaryCoinbase users can request Oura shares at the IPO price before public trading begins.Oura is offering 50 million shares at an expected price of $40 to $44.Selling allocated shares within 30 days may trigger a 60-day IPO access restriction.COIN rose 5.7% to $205.38 following the announcement.　　Coinbase IPO access starts with Oura　　Coinbase said in a Sep. 21 announcement that eligible U.S. retail customers can request IPO allocations through its mobile application, beginning with smart-ring maker Ouras public offering this week.　　Customers can open the IPO section of the Coinbase app, select an active deal, and fund their accounts to cover the requested shares. Once an expected price range becomes public, users can submit a conditional offer to buy the stock.　　Investors may change or cancel an offer while the order book remains open. Coinbase said customers must submit another request if the IPO price rises above a limit attached to the original offer.　　You might also like:　　Coinbase seeks US approval for 50-plus single-stock perpetuals　　After the order book closes, Coinbase will distribute the available shares using its allocation

09-21Industry

...

8991

...

1000