Crypto News
Crypto Charts Look ‘So Broken and Bearish They’re Bullish’ Ahead of Fed Meeting, Says Analyst
Crypto analyst and macroeconomist Alex Krüger thinks the market looks ugly enough to turn bullish.On Saturday, Krüger wrote on X, that “most crypto charts now look so broken and bearish that it’s bullish.” He argued that when price action looks this bad, the panic has usually gone far enough that a reversal may not be far behind.The bearish chartsKrüger attached a series of charts from Binance and derivatives dashboards. They included bitcoin (BTC) and ether (ETH) spot price charts, both of which had fallen below short-term upward trendlines, creating a technically bearish picture. He also posted a solana (SOL) chart that showed relative resilience compared with BTC and ETH. Alongside those, he shared BTC-USDT and ETH-USDT derivatives charts, which combined...
Crypto Weekly Wrap: Over $280 Billion Wiped From Crypto Market, XRP Loses #3 Spot to USDT
The crypto economy experienced a significant downturn, with total market capitalization dropping nearly 7% from $4.124 trillion to $3.842 trillion by Aug. 30. ETH, BTC, and XRP See Steep Drops The crypto economy closed the week on a downturn, with the total market capitalization plunging nearly 7% from $4.124 trillion to $3.842 trillion by Aug.Source link
Gavin Newsom Teases Meme Token Targeting Trump
California Gov. Gavin Newsom says he’s “about to put out” a satirical meme coin dubbed “Trump Corruption Coin,” a jab he floated during a podcast interview with journalist Kara Swisher as part of his broader online mockery attempts at President Donald Trump’s brand and crypto forays. Newsom Mulls Meme Coin Launch In the conversation, NewsomSource link
Bitcoin Home Invasion Ringleader Gets More Prison Time for Beating Witness
A Florida man sentenced to 47 years in prison for orchestrating a string of violent home invasions got extra time for attacking a witness.Source link
Web3 Funding Hit $9.6B in Q2 Despite Fewer Deals
Web3 startups raised $9.6 billion in venture funding during the second quarter of 2025, making it the second-largest quarter on record, even as the number of deals fell to multi-year lows, according to a new report by Outlier Ventures.The research by the London-based venture capital firm could present a maturing market in which investors are putting more money into fewer projects. The findings suggest that Web3 fundraising is evolving from hype-driven activity toward targeted, durability-focused investment, with investors favoring foundational infrastructure and proven teams over volume.Only 306 deals were disclosed in the quarter, the lowest since mid-2023, but the median deal size rose across every stage. Outlier said this reflects a shift from broad, speculative investing to strategic, high-conviction allocations.Series...