🚨Breaking News🚨
$ETH $XRP $BTC
Key Highlights
1. Tokenized Stocks Face Regulatory Pushback:
• Exchange trade groups are collaborating with global regulators to curb the expansion of tokenized stocks. Meanwhile, major players Galaxy Digital, Multicoin Capital, and Jump Crypto are reportedly raising $1 billion to build a strategic Solana treasury. Also, a significant whale sell off (around $2 billion) appears to have put downward pressure on Bitcoin prices, which briefly dipped to $112,174.
2. Ethereum Positioned for Higher Highs:
• Ethereum is showing bullish momentum, hitting fresh all time highs (near $5,000 and even surpassing $4,900), driven by strong institutional buying and a supply shock that’s impacting its derivatives market. Open interest in Ethereum futures has surged to a record $71 billion, reinforcing expectations of further upside.
• Some analysts now view Ethereum as entering the “belief” stage of a bull cycle, with speculation even pointing toward a possible $20,000 target later in the cycle.
3. XRP on the Move:
• XRP recently fell about 3%, extending its monthly losses to 8%, and is trading near $2.96 amid broader crypto weakness.
• However, signs of a bullish rebound are emerging: XRP bounced off critical $3.00 support and has climbed back to around $3.33, with attention now on the $3.80 resistance level. Another technical setup suggests a possible push toward $3.60.
4. Crypto Treasury Firms Could Trigger Supply Crunch:
• The rise of publicly listed crypto treasury firms holding nearly 1 million bitcoins in total is reshaping supply dynamics. Experts warn this growing demand could spark a supply crunch, potentially pushing prices higher. Notably, Bitcoin supply on exchanges has fallen below 15%, a low not seen since 2018. Bitcoin has meanwhile climbed over 20% in 2025, reaching record highs near $124,000 in August.
5. $1B in Presale Buzz: Ozak AI:
• An AI powered crypto project named Ozak AI continues to attract attention, raising over $2.28 million and selling 800 million $OZ tokens during its fifth presale stage signaling growing investor interest.