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This week’s crypto news includes Nvidia earnings, $10 million HUMA token unlock, HeyAnon protocol upgrade, and THORChain’s major update. These events could impact token prices.
AAVE price dipped from $385 to $339 on WLFI rumors but quickly rebounded. Shrinking exchange reserves, fresh whale accumulation, and strong cost-basis clusters show resilience, keeping $430 as the next bullish target.
Saros (SAROS) saw a 70% price drop on August 24, briefly erasing months of gains. Despite a recovery, market sentiment remains bearish, raising concerns about stability.
$1 billion BTC accumulated in 24 hours as profits hit 2-month low; Bitcoin at $112,425 clings to $112,500 support amid investor accumulation.
Bitcoin (BTC) price remains under pressure, consolidating above $111,980 support after dropping more than 3%. BTC pullback continued as weakening demand and profit-taking keep weighing in, as spot Exchange Traded Funds (ETFs) saw over $1.15 billion in outflows. Bitcoin Spot ETFs Record the Highest Weekly Outflow in Five Months Bitcoin price continued its correction over … <a href="https://beincrypto.com/bitcoin-etf-outflow-fuel-correction/">Continued</a>
- 19:00Despite institutional adoption and historic rallies, the ETH/BTC ratio remains below 0.05According to a report by Jinse Finance, as disclosed by Cointelegraph, the ETH/BTC ratio is used to compare the price of ETH to BTC; the higher the ratio, the stronger ETH is relative to BTC; the lower the ratio, the weaker ETH is. The Ethereum-Bitcoin (ETH/BTC) ratio measures the performance of Ethereum's price relative to Bitcoin's price. Although institutions have started to adopt Ethereum, according to data from CoinGecko, the ETH/BTC ratio has remained below 0.05 since July 2024. The ratio peaked in June 2017, reaching an all-time high of 0.14. Currently, the ratio stands at 0.039, down again from 0.04 in August.
- 18:26The total market capitalization of stablecoins increased by 1.14% over the past week.Jinse Finance reported, according to DefiLlama data, the total market capitalization of stablecoins has increased by 1.14% over the past week, now standing at $289.23 billions. Among them, USDT's total market capitalization grew by 1.01%, now at $170.535 billions, with a market share of 58.96%.
- 17:41Ethereum's net supply increased by 18,140 in the past 7 daysJinse Finance reported that, according to Ultrasound.money data on September 15, Ethereum's net supply increased by 18,140.29 ETH over the past 7 days, with a total supply increase of approximately 18,582.16 ETH and 441.97 ETH burned through the burning mechanism. The current annual supply growth rate is 0.782%.