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news-imageAugust 28, 2024

Price analysis 8/28: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, AVAX, SHIB

Bitcoin's fall below $60,000 signals near-term weakness, but longer-term investors continue withdrawing coins from exchanges, signaling a bullish outlook.
Publisher: Cointelegraph
Sentiment: Neutral
ADA
AVAX

More News Articles

Neutral
cover-imageCrypto news
April 21, 2025

Cardano price could surge 110%, but there's a catch

The Cardano price has formed a rare bullish chart pattern, indicating a potential 110% surge; however, a sharp decline in a key metric raises concerns. Cardano (ADA), a popular layer-1 network, was trading at the important resistance level of $0.

Neutral
cover-imageCryptonews
April 21, 2025

Strategy Adds $555M Bitcoin—Stash Hits 538K BTC as Debt Looms

Strategy has expanded its treasury approach by buying 6,556 BTC for $555.8 M, funded through share sales in two ATM programs. Holdings have reached 538,200 coins bought at a $36.47 B cost basis, yet disclosures note the firm may liquidate assets below cost to manage $8 B in obligations overall. The post Strategy Adds $555M Bitcoin—Stash Hits 538K BTC as Debt Looms appeared first on Cryptonews.

Neutral
cover-imageCointelegraph
April 21, 2025

Consensys, Solana, and Uniswap CEO donated to Trump's $239M inauguration fund

New filings from the Federal Election Commission (FEC) reveal that several cryptocurrency firms and their executives made significant contributions to US President Donald Trump's inauguration fund after the results of the 2024 election. According to FEC filings made public on April 20 by the Trump-Vance Inaugural Committee, Uniswap CEO Hayden Adams donated more than $245,000, Solana Labs donated $1 million, and software firm Consensys sent $100,000 in January 2025 to support the then-president-elect's inauguration.

Positive
cover-imageNewsBTC
April 21, 2025

XRP Wyckoff Pattern Maps Bullish Run To $3.70 This Summer

Crypto analyst Charting Guy (@ChartingGuy), posting to X on April 20, has mapped the daily XRP/US Dollar chart on Bitstamp onto a textbook Wyckoff re‑accumulation schematic and argues that the pattern is now far enough advanced to imply a summer markup toward— and potentially beyond— the $3.70 region. “Wyckoff Pattern Ignites XRP Bull Case The chart spans the five‑month base that began with preliminary supply (PSY) in late November.

Positive
cover-imageBenzinga
April 21, 2025

XRP Rally Resumes With Momentum Indicators Flashing Green

XRP is trading 2.96% higher to start the week at $2.10, snapping a multiday slump with signs of renewed momentum in the futures market. The token is down 2.24% over the past seven days and has lost 11.78% over the last month—but bullish sentiment is beginning to reemerge.

Negative
cover-imageUToday
April 21, 2025

3 Reasons Why Bitcoin (BTC) Bull Rally May Stop Here

The surge that pushed Bitcoin (BTC) up more than 2.4% to $88,000 today may be short-lived. Although it came suddenly and was not widely expected — especially with Easter Sunday and a long weekend — the surge caused a palpable shift in sentiment among crypto market participants.

Positive
cover-imageBenzinga
April 21, 2025

5 Catalysts That Could Drive Bitcoin Higher: Bernstein

Bernstein analysts on Monday identified five structural forces that could drive Bitcoin's (CRYPTO: BTC) trajectory in the coming months, based on rising institutional demand, regulatory developments and new U.S. government initiatives. The findings, according to Bernstein, lay out key inflection points now anchoring Bitcoin's position within global capital markets.

Negative
cover-imageCoindesk
April 21, 2025

Is ETH Still Special?

We are never shy about holding ETH to account as crypto's second largest asset and the DeFi intuition gateway for traditional investors. But mainstream adoption requires a growth story, and so far this year ETH is (put kindly) failing to lead.

Positive
cover-imageCointelegraph
April 21, 2025

Unlocking the potential of dormant Bitcoin in DeFi

Opinion by: Amitej Gajjala, co-founder and CEO of KernelDAO Bitcoin is the principal asset of the cryptocurrency world and even one of the world's top 10 most valuable assets, recognized for its role as a store of value. Yet a huge percentage of the Bitcoin (BTC) supply remains dormant for years, meaning the crypto market only works with a fraction of the circulating supply each year.

Negative
cover-imageCointelegraph
April 21, 2025

Bitcoiner PlanB slams ETH: ‘centralized & premined' shitcoin

Pseudonymous Bitcoin stock-to-flow (S2F) model creator PlanB attacked Ethereum and mocked the project's co-founder, Vitalik Buterin.PlanB mockingly reposted a June 2022 X post by Buterin in which the Ethereum co-founder said S2F “is really not looking good now.” PlanB responded with a new posting stating, “Ethereum is really not looking good now.

Negative
cover-imageCointelegraph
April 21, 2025

Bitcoin longs cut $106M — Are Bitfinex BTC whales turning bearish above $86K?

Despite Bitcoin (BTC) price reaching its highest level in over three weeks, traders on Bitfinex reduced their leveraged long (bullish) positions on margin contracts by more than $100 million between April 17 and April 19. This reduction has led to speculation that Bitcoin whales may be anticipating a price correction or, at the very least, are not confident in further short-term gains.

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