More ETH Waiting to Leave than Enter: Can Ethereum Hold $4,500?
Ethereum’s staking exit queue has hit a record high, driving risks around liquidity and collateral quality and raising questions about ETH’s near-term stability.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
Ethereum’s staking exit queue has hit a record high, driving risks around liquidity and collateral quality and raising questions about ETH’s near-term stability.
Coinbase has dragged the US SEC over the deletion of Gary Gensler’s text messages between October 2022 and September 2023.
CleanCore Solutions has amassed over 500M DOGE in its treasury, marking a major milestone toward its 1B coin goal.
Fidelity Investments’ and Canary Capital’s proposed HBAR, Solana, and XRP ETFs have appeared on the DTCC website, fueling speculation of imminent US SEC approval.
With economists expecting a 25 bps rate cut, the coming weeks could decide whether Bitcoin’s momentum carries higher or stalls into another correction.
Let’s explore the latest crypto market updates that are shaping the key trends today, on Sept. 12.
Dogecoin broke above $0.25 for the first time in a month after Bloomberg’s Eric Balchunas confirmed the DOJE ETF will begin trading Friday. Futures open interest hit $4.5B as traders piled in ahead of the debut, while technicals point to a potential run toward $0.39.
Solana extended its winning streak with a 2% rise to $228, boosted by $20M inflows from Chinese fashion brand MOGU and a $5M BONK purchase by Nasdaq-listed Safety Shot. With a golden cross forming and RSI at 65, SOL eyes resistance at $240–$250 while holding key support near $217.
Gold reached its highest inflation-adjusted price since the 1980s at over $3,610 per ounce, while Bitcoin trades around $114,600. Both assets are gaining from expectations of Federal Reserve interest rate cuts and ongoing inflation concerns.
Kraken’s new Perps service enables users to trade cryptocurrency futures by predicting price movements without owning the underlying assets, supporting over 300 cryptocurrencies.
Nasdaq-listed Forward Industries has secured $1.65 billion in a private placement to create a corporate treasury centered on Solana’s native token, SOL.
A senior Republican senator’s warning that the party is unprepared for a major crypto bill threatens to delay its passage, despite leadership’s push for a vote.
Opportunists launched multiple Charlie Kirk-themed meme coins, such as Justice for Charlie and RIPCharlieKirk, within hours of his death.
Binance is planning to list pump.fun (PUMP) with a seed tag, to help users remain cautious. The price of PUMP reacted positively to the listing.
Blockchain-native lending firm Figure Technology Solutions has priced its initial public offering at $25 per share ahead of its debut on the Nasdaq exchange.