Cryptonews

According to an analyst named Josh (because every good market story needs a Josh), Bitcoin has been huffing and puffing but hasn’t quite blown past recent highs. The buying crowd seems to be running out of steam-like that friend who says “I’m fine” but isn’t fine at all. BTC is perched gingerly just under the $109,000 support ledge. If it loses its grip here, it might slide down toward the $106,000 to $105,000 zone-an area that, in past corrections, has acted like a sturdy safety net. Eyes will be glued to this zone like reality TV fans to a juicy plot twist.

Behold! The CFTC, that noble yet oft-mysterious guardian of commodities and futures, prepares to lift the curtain on a most peculiar spectacle: allowing U.S. citizens to legally frolic on offshore crypto exchanges such as Binance and OKX. Oui, you heard correctly! The same platforms once deemed untouchable may now become the belle of the ball.

Fed Chair Jerome Powell took the stage at Jackson Hole, delivering remarks so carefully balanced they might have been written by a committee of tightrope walkers. He assured everyone that monetary policy remains stricter than your Aunt Edna’s cookie jar rules, but hinted that shifts in growth and inflation could open the door to adjustments. His tone screamed “flexibility,” which is code for “we’re stalling.” Naturally, traders are now tiptoeing around like cats on a hot tin roof 🐱🔥.

As the altcoin season becomes more discerning, the data on exchange reserves might just be the philosopher’s stone for investors looking to rejig their portfolios for the year’s final act. But who knows? Perhaps we’re all just pawns in a grander game of finance and folly. 🎭

Take Ethereum’s spot ETFs, for instance-five straight days of net inflows, notching an impressive $1.87 billion, as if it were coins pouring out of Fort Knox. Meanwhile, US Bitcoin spot ETFs have gracefully socked away $567.35 million this very week-virtually enough to buy a small island, or at least a really fancy yacht. 🛥️

Oh, dear DOGE, darling of the meme coin aristocracy, has declined by 2.74% since yesterday. Truly, it seems even the Dogefather cannot save this sinking ship from its own adorable absurdity. 🐶🚢

In the august chambers of FoxBusiness, Van Eck, with a flourish of his rhetorical sword, dubbed Ethereum the “Wall Street token.” A title, one might add, as fitting as a bespoke suit. “As stablecoins ascend,” he intoned, “so too shall the pressure upon financial institutions to embrace them.” One could almost hear the collective gulp of bankers across the land. 🏦

Amsterdam Bitcoin Treasury Strategy (AMBTS), the offspring of Dutch crypto maestros at Amdax, has marched forth waving a hefty €20 million (~$23.2 million) banner, crowdfunded in whispers and nods from private players. This treasure trove is but seed money for their audacious bitcoin swarming plan-closing curtains only when the clock strikes September 2025, or €30 million (~$34.8 million), whichever comes first.

But don’t worry, BeInCrypto’s got a crystal ball (kind of) and a magnifying glass, scoping out three altcoins that might just cause a little stir this weekend. Or not. Who knows? It’s crypto, after all.

Within a mere 24 hours, wallets bearing over a hundred million dollars in USDT have waged a mighty transfer spree across the TRON dominion, as if Cleopatra’s treasure chests were scattered all over the realm. 🏰