Bitcoin’s price went through a massive rollercoaster on Friday night, dumping by $3,000 in minutes before it recovered some ground to $67,000.
The altcoins have it even worse, and the total crypto market cap has shed about $70 billion overnight.
BTC’s Down and Up
The business week started quite promising for the primary cryptocurrency, which jumped on Monday from $68,000 to $69,500 to chart its highest price tag since late July. However, it faced an immediate rejection at that point that pushed it south to $67,000 by the end of the day and on Tuesday.
More volatility and price declines followed on Wednesday as the bears initiated a massive leg down that drove BTC down to $65,000. Nevertheless, the bulls intervened, and bitcoin went on the offensive, jumping to almost

Bitcoin and the altcoins went through massive volatility on Friday night after a controversial report from the Wall Street Journal, which was denied by Tether’s CEO immediately.
However, the damage was done, which harmed over-leveraged traders, as the liquidations skyrocketed to over $400 million on a daily scale.
CryptoPotato reported WSJ’s claims that the US federal government had launched an investigation into the company behind the world’s largest stablecoin for possible violations of anti-money laundering rules and sanctions.
It further asserted that prosecutors at the Manhattan US attorney’s office investigated whether USDT was used by bad actors to avoid sanctions and other US rules.
Minutes after the report went out, Tether CEO Paolo Ardoino refuted the claims made

TL:DR;
ApeCoin’s price surge continued after our initial reports and tapped a 6-month peak of over $1.7 earlier today.
However, its all-time high is still far ahead and the questions arises whether it will be able to break it amid the ongoing developments around the project.

APEMania Is Here?
It’s safe to say that today belongs to ApeCoin’s native token. As reported earlier, it exploded by 65% in hours after the launch of ApeChain – the protocol’s bridge that allows users to earn native yield on ETH, APE, and a few stablecoins.
However, that was just the start for APE as it kept pumping in the following hours and broke above $1.70 for the first time since early April this year. Although it has retraced slightly since then, APE is still over 110% up on a daily scale.

This

The landscape around the spot Bitcoin ETFs turned highly positive in the past week, with the products attracting more than $2 billion in net inflows.
This has become their best five-day trading period in this regard since mid-March.
Massive Inflows for BTC ETFs
It’s safe to say that it was a big week for the 11 US-based spot Bitcoin ETFs, with several multi-month peaks, such as BlackRock’s best day since July on Wednesday. The total net inflows rose above $20 billion that day, but they kept climbing by the end of the week and are currently worth just over $21 billion, according to Farside data.
Monday saw the most inflows out of the entire five-day trading period, with $555.9 million entering the funds. $371 million was poured in on Tuesday, $458.5 million on Wednesday,

TL:DR;
ApeCoin made the news over the weekend after launching its bridge that allows users to earn a yield on certain crypto assets, including APE.
The native token’s price skyrocketed by over 60% within hours, leaving questions about how high it can go.

APE’s Price Targets
CryptoPotato reported earlier today the massive achievement by ApeCoin’s team. After months of standing on the sidelines without attracting significant attention from the general public, the devs announced the official launch of the ApeChain bridge. It allows investors to earn native yield on assets such as APE, ETH, and a few stablecoins.

Automatic Yield Mode ON APECHAIN: This is the default mode for all externally owned accounts (EOAs), where yield is automatically earned each block.
The address’s

Bitcoin’s price actions have calmed during the weekend, as probably expected, and the asset remains above the $68,000 level.
The altcoins have been slightly in the red in the past day, but they went through a highly positive trading week, with impressive gains from ETH, SOL, BCH, and especially DOGE.
BTC Calms Above $68K
Last weekend went without any fireworks as BTC had recovered to $62,000 after slumping below $59,000 on Thursday. The eventful price movements were left for the trading week, which started with a price surge on Monday to $64,500 at first and $66,500 later during the day.
Tuesday was even more volatile, with bitcoin surging to $68,000, getting rejected and pushed south by three grand, and jumping to $68,000 once again by Wednesday.
The primary

Bitcoin’s impressive performance as of late continued in the past 24 hours as the asset tapped $69,000 for the first time since July 29 before retracing slightly.
Most alts are with minor gains over the past day, aside from DOGE, which has only doubled down on its recent massive run.
BTC Stopped at $69K
The primary cryptocurrency stood around $62,000 and $63,000 last Saturday after it had recovered several grand from the sub-$59,000 dump on Thursday. Last weekend went relatively quietly, but the asset went on the offensive at the start of the business week.
The most substantial chunk of volatility came on Tuesday when BTC spiked from $65,500 to $68,000 before it was violently pushed south to just under $65,000. However, the bulls resumed control in the following hours, and

TL:DR;
The largest meme coin has been on a roll lately, perhaps fueled by the most recent engagement by Tesla’s CEO, Elon Musk.
The question arises whether DOGE could skyrocket to the coveted $1 level if Musk indeed takes a role under a potential Donald Trump administration.

DOGE to $1?
As mentioned multiple times in the past, Musk has played a crucial role in Dogecoin’s rising adoption and perhaps its price increases due to his continuous support. The landscape around the two became even more interesting earlier this year when US presidential candidate Donald Trump said Musk would head a government efficiency agency under his administration with the acronym D.O.G.E.
The Tesla CEO confirmed the news earlier this week, highlighting the name during a public appearance.

US investors showed increased demand for the spot Bitcoin ETFs during the entire trading week, with more than $1 billion entering the 11 such US-based funds.
Interestingly, the interest for their spot Ethereum counterparts has also picked up, as they registered their second-best week since going live in July.
Over $1B in Bitcoin ETFs in a Week
CryptoPotato reported last weekend the growing net inflows into the spot Bitcoin ETFs, especially after the US Federal Reserve cut the interest rates on September 18. The past five days have only intensified this trend, even though the landscape on Monday seemed quite modest, with only $4.5 million in net inflows.
However, investors accelerated their efforts in the following days, especially on Thursday and Friday. After $136 million

Bitcoin’s price actions have calmed once again during the weekend, and the asset has retraced by a grand since the $66,500 peak registered earlier.
Most altcoins have also corrected on a daily scale, aside from Ripple’s native token, which has soared past $0.62 for the first time since early August.
BTC Falls Short at $66K
Last weekend went in a similar fashion, as the largest digital asset slipped from $64,000 to around $63,000. However, it went on the offensive once again on Monday and jumped past $64,500.
After a brief retracement, the asset aimed at that level once again but was stopped on Thursday and pushed below $63,000. This is where the bulls really stepped up on the gas pedal and propelled a rally that drove bitcoin to $66,500 on Friday morning. This became its

Bitcoin’s price is on the run again, as the asset has jumped past $65,000 for the first time in a month.
This has more than 90% of its holders in profit, which could actually mean danger for the largest cryptocurrency.

Bitcoin is steadily climbing, and with it, the number of holders in profit.
If $BTC breaks $65k, well over 90% of holders will be in profit; a level we last saw in July, when Bitcoin ultimately failed to reach a new high.
The question now is: will this time be different? pic.twitter.com/hs156tGzfy
— IntoTheBlock (@intotheblock) September 26, 2024

IntoTheBlock’s tweet was just minutes ago, but the landscape has already changed. It reads that over 90% of BTC investors would be in profit should the underlying asset’s price break above $65,000.
The

Ethereum used to dominate almost all non-Bitcoin blockchain sectors in the industry but has gradually lost some of its grip over certain markets to competitors like Solana.
VanEck’s research department, MarketVector, decided to delve deep into the battle between the two layer-1 behemoths to see what’s what.
Solana Vs. Ethereum
The report, authored by Martin Leinweber, highlights some major differences between the two. In some cases, such as the number of transactions, daily active users, and transaction fees, Solana takes the lead with a massive margin and predicts a bright future for the blockchain.
“When comparing Ethereum and Solana, the data is striking. Solana processes 3,000% more transactions than Ethereum, has 1,300% more daily active users, and its transaction

A dormant bitcoin whale address was reactivated earlier today, according to data from Arkham Intelligence, and has moved 5 BTC to the crypto exchange Kraken.
This was their third BTC transfer in the past few weeks after being silent for a decade, said the popular resource.
Arkham data shows that the wallet received the bitcoin stash during BTC’s first couple of months of existence, meaning that it had to be somewhere between January and March 2009, given the network’s launch on January 3 that year.
The whale made several transfers of their BTC stash between 2011 and 2014 to exchanges and other addresses, after which they stopped moving funds.
It’s worth noting that the value of their holdings has skyrocketed from under $500,000 in 2014 to approximately $80 million as of

After an eventful and highly volatile trading week, bitcoin’s price movements calmed during the weekend, and the asset sits quietly at $63,000.
Most altcoins have also stalled on a daily scale, but the weekly timeframe shows some impressive gainers from the likes of TAO, SUI, APT, and others.
Bitcoin Stalls at $63K
The week started with a price decline that drove BTC from over $60,000 to under $58,000. More volatility was expected mid-week when the US Federal Reserve met to discuss lowering the interest rate. Once that meeting took place and the US central bank cut the rates by 0.5%, BTC went on a rollercoaster with several big moves.
However, the bulls prevailed after the fluctuations and pushed the cryptocurrency from under $59,500 to over $64,000 registered on Friday.

It was a big week for financial markets and the global economy as the central bank of the world’s strongest economy pivoted from its monetary policy and reduced the key interest rates by 0.5%.
As such, it’s worth reviewing how local investors behaved when it comes down to their interactions with spot Bitcoin and Ethereum ETFs.
BTC ETFs on the Inflow Side
CryptoPotato reported on Wednesday that US investors were on a shopping spree for the spot Bitcoin ETFs. In the four trading days leading to the FOMC meeting, the net inflows to the 11 financial vehicles were just over $500 million.
Their behavior changed on the day of the rate cuts as the numbers turned red, with $52.7 million in net outflows. However, they reversed their strategy once again on Thursday and Friday, with

The precious metal has had a highly impressive year, having surged by about 27% and tapping a new all-time high just on Friday.
However, does this impressive YTD increase mean that it has done better than bitcoin, which is far from its ATH?
Gold Dominates 2024
Perhaps driven by the overall macroeconomic situation, with a few wars breaking out, uncertainty about numerous election cycles, purchases from emerging market central banks, or other reasons, the yellow metal has been at the forefront of price rallies in 2024. It entered the year at $2,065/oz, but it quickly started appreciating against the greenback.
The culmination came yesterday when it skyrocketed to $2,622 to tap a new all-time high, which meant that it had gained 27% of value since January 1. Its price

Bitcoin’s price run after the Fed’s rate cut was halted at $64,000 and the asset was pushed down by around a grand.
The altcoins are also in the red on a daily scale, with the biggest corrections coming from the likes of TON, AVAX, and NEAR from the larger caps.
BTC Down to $63K
Bitcoin started the business week with a correction that drove it from over $60,000 to under $58,000 on Monday. It was expected to be a highly volatile week for the asset as the US Federal Reserve had a meeting on Wednesday to discuss a reduction in the key interest rates.
In the hours ahead of the event, BTC skyrocketed to over $61,000 but went on a rollercoaster once the US central bank indeed cut the rates by 0.5% on Wednesday. Nevertheless, the bulls prevailed and initiated another massive

The past ten days or so went quite positively for bitcoin as the asset added almost ten grand within this timeframe, mostly fueled by the US Federal Reserve’s decision to reduce the key interest rates.
However, certain social metrics suggest that the cryptocurrency’s run could be over, at least in the short term.
FOMO to Halt BTC’s Uptrend?
It was just last Wednesday, September 11, when bitcoin’s price tumbled hard after the US CPI numbers came out. At the time, the asset slumped to $55,500. However, it went on the offensive in the following days amid continuous speculation about the Fed’s next move.
A week later, the US central bank decided to pivot from its four-year-long monetary strategy and reduced the interest rates in a move that mimicked the ECB, the Bank of

Bitcoin dumped hard on Monday but the bulls are back in control now as they propelled a massive rally that resulted in BTC tapping a 3-week peak above $61,000.
This comes at a particularly intriguing time as the US Federal Reserve is expected to cut the key interest rates tomorrow or the next day for the first time in years.
Bitcoin/Price/Chart 17.09.2024. Source: TradingViewThe last time BTC traded this high was in the middle of August, when its price plummeted from over $62,000 to under $59,000 in a few hours.
Today’s price surge came after a painful Monday in which the primary cryptocurrency slipped from about $60,000 to $57,600.
Most altcoins followed BTC on the way up. Ethereum has gained 4% overnight and now trades close to $2,400 after dipping to $2,270 during

Dogecoin’s price movements in the past month or so have been quite underwhelming as the asset struggles to break through the $0.10 resistance.
However, that could soon change as the interest in its network has picked up while many analysts on X envision a rally in the making.
Rising Number of Transactions
The number of transactions on a certain blockchain depicts the overall interest and usage and hints at investors’ behavior regarding the network and its native token. For Dogecoin, the landscape was quite painful for the past few months as the total number had dropped significantly compared to the yearly peak reached in February.
However, that changed last week. Data from IntoTheBlock shows that the largest blockchain from the meme coin realm processed 1.93 million

Bitcoin’s price ascend continued in the past 24 hours as the asset flew past $60,000 and tapped a multi-week peak of over $60,500.
The altcoins are also in the green, which has boosted the total crypto market cap by more than $70 billion since yesterday.
BTC Touched $60.5K
After last Friday’s correction that drove BTC to $52,500, the asset recovered some ground during the weekend but went on the offensive hard on Monday, soaring by four grand in 24 hours and briefly exceeding $58,000. The mid-week price action was quite volatile, especially after the US CPI numbers came out on Wednesday, and bitcoin recorded several ups and downs.
However, the bulls seemed to have taken control of the market. They initiated another leg up on Friday that resulted in BTC nearing $60,000.

Bitcoin’s two-week-long negative streak came to an end on Monday, while the net inflows for the past five-day trading period skyrocketed to over $400 million.
The same cannot be said for the spot Ethereum ETFs, as the products continue to bleed out and see little to no actual demand.
Spot BTC ETFs Back on Track
CryptoPotato reported last week the longest negative streak that the spot Bitcoin ETFs were on, as they saw roughly $900 million in net outflows from August 26 until September 6. Within this timeframe, the underlying asset’s price tumbled hard, falling from over $65,000 to under $53,000.
However, investors changed their tune on Monday and broke the streak with $28.6 million in net inflows. The rest of the week was even better, with $117 million entering the funds on

The prominent cryptocurrency asset manager said on Thursday that it has launched a new Trust that will track the performance of Ripple’s native token (XRP).
Given its history of converting other Trusts (BTC and ETH) into spot ETFs, the question arises about whether the new product will put Ripple on the fast track toward an exchange-traded fund of its own.
XRP ETF Coming Soon?
The effects for XRP were immediate as its price soared from under $0.54 to a multi-week peak of almost $0.59 in minutes after Grayscale broke the news. After a minor retracement, XRP stands tall at $0.58 and is over 10% up within the past week. Additionally, past fake news examples have shown that an ETF announcement could have a massive impact on its price movements.
The company’s execs, including

Bitcoin added more than seven grand in value in the past week and soared past $60,000 for the first time since the end of August earlier today.
The altcoins are also well in the green, with ETH rising above $2,400, LINK exploding by 6%, and even more gains from some meme coins.
CryptoPotato reported the substantial crash that occurred last Friday when BTC dumped from over $57,000 to $52,500 in hours. At the time, most experts blamed it on macroeconomic factors as well as the growing net outflows from the spot Bitcoin ETFs.
However, the cryptocurrency began to recover some ground in the subsequent seven-day period and even the CPI data on Wednesday could not keep it down for long.
The bulls’ most notable leg up occurred on Friday evening – a week after the aforementioned

Bitcoin had finally seen a minor relief rally that drove it to $57,000 after the US jobs report when the bears reminded of their presence and pushed it south hard.
The total liquidations have skyrocketed to about $150 million on a daily basis.
The primary cryptocurrency has faced its fair share of adversity in the past week or so, as its price tumbled from $65,100 last Monday to $55,500 earlier today.
This is when some positive news affected the market. As reported earlier today, the asset jumped to $57,000 after the US released the August jobs report, which outlined a minor decline in the unemployment rate.
However, that was another short-lived rally that actually turned out to be a false breakout. Instead of further increasing on the hopes of upcoming rate cuts in the

A lot can change in the cryptocurrency markets within the span of the week. This is what happened to bitcoin and most altcoins since last Friday when BTC soared from around $60,000 to over $64,000 on Saturday after the bullish developments on US soil. Namely, Fed Chair Jerome Powell hinted at incoming interest rate cuts, and RFK endorsed pro-crypto presidential candidate Donald Trump and withdrew his campaign.
The weekend for bitcoin was quiet despite the turbulence elsewhere in the crypto market following the arrest of Pavel Durov, the founder and CEO of Telegram. TON slumped by more than 20% in hours after the news broke, but more on that later.
BTC continued its run on Monday morning, soaring past $65,000 for the first time in over three weeks. However, that was

The US Securities and Exchange Commission has made it its mission to target various cryptocurrency platforms, albeit with questionable success so far.
Next on the list is the NFT platform OpenSea, whose CEO went on to X to express the team’s disappointment in the regulator’s move.
Devin Finzer, OpenSea’s chief exec, tweeted that the company he runs is the latest to receive a Wells Notice from the SEC, which indicated that non-fungible tokens available to buy or sell on the platform could be unregistered securities.
“We’re shocked the SEC would make such a sweeping move against creators and artists. But we’re ready to stand up and fight. By targeting NFTs, the SEC would stifle innovation on an even broader scale: hundreds of thousands of online artists and creatives are at

Bitcoin ETFs have been on an impressive streak lately, and the last trading week saw more than $500 million allocated to the largest US-based products.
However, Ethereum ETFs are in the opposite corner, with minor trading volumes and withdrawals.
Bitcoin ETFs on a Roll
The spot Bitcoin ETFs had a rough start of the month as they lost more than $550 million in just three days on August 2, 5, and 6. This coincided with the major crash for BTC as the asset tumbled from over $65,000 to under $50,000 in just a few days.
However, both the inflows and the cryptocurrency’s price started to recover in the following weeks. In fact, there have been only two days since then when investors have pulled out funds from the US-based spot ETFs – on August 9 and 14.
The past week was quite

The number of celebrities and well-known public figures supporting Pavel Durov after his controversial arrest in France earlier this weekend has skyrocketed.
Some of those include Elon Musk, Robert F. Kennedy, Vitalik Buterin, and Tucker Carlson.
Durov’s Arrest
CryptoPotato reported earlier today Durov’s arrest in France on Saturday evening, which, according to local media, was because the popular messaging app he runs failed to moderate the content. He faces up to 20 years of prison for possible offenses like money laundering, complicity, terrorism, and narcotics.
Toncoin, a cryptocurrency project strongly related to Telegram, experienced enhanced turbulence, especially its native token. TON plummeted by more than 20% after the news broke, from over $6.75 to under $5.4.

After tapping $65,000 yesterday, bitcoin’s price actions calmed, and the asset remained relatively still at around $64,000.
The altcoins are also quite sluggish on a daily scale, aside from TON, which was impacted by the news surrounding Pavel Durov, Telegram’s CEO.
BTC Calms at $64K
The business week started on a negative note for the primary cryptocurrency as it failed to overcome the coveted $60,000 level and the subsequent rejection pushed it south by two grand on Monday. However, it recovered most losses on Tuesday and Wednesday and even attempted a breakout above $60,000 but to no avail, at least until Friday.
That’s when the bulls took complete control of the market and propelled an impressive rally that drove bitcoin from around $60,500 to $64,000 before the asset