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Ethereum breaks key support for the third time, triggers panic, then bounces back stronger. Here's what's driving the slingshot moves.The Pattern Behind the PanicIs This Bullish or a Warning Sign?
Bitcoin bounces within expected range as Supertrend support holds firm, signaling bullish strength.Bitcoin Respects the Supertrend SupportPrice Action Aligns with Market ExpectationsWhat’s Next for Bitcoin?
Chainlink adds 3,000 new addresses daily, marking its strongest network growth in the past five months.What’s Driving the Surge in Chainlink Addresses?A Positive Indicator for Chainlink’s Future
Rapper Ye launches $YZY token, briefly reaching a $3B market cap, causing a stir in the crypto world.What’s Behind the Sudden Surge?Community Reactions and What’s Next
A Bitcoin OG sold 660 BTC and opened $295M in leveraged ETH longs—hinting at a bold shift in market sentiment.Bitcoin Whale Makes a Bold MoveReading Between the LinesWhat It Means for the Market
- 17:28Tom Lee predicts Ethereum will reach $60,000 within 5 years, with more than 2x upside potential by the end of the year.According to ChainCatcher, in an exclusive interview with Mario Nawfal, BitMine Chairman Tom Lee stated, "The financial system will be reconstructed based on blockchain, reminiscent of the moment in 1971 when the US dollar decoupled from the gold standard. Ethereum will be one of the main beneficiaries. I remain very bullish on Bitcoin, and Bitcoin could reach $200,000 or even higher. As for Ethereum, I believe it has even greater upside potential, because with the development of blockchain and artificial intelligence, it possesses more potential. Therefore, we call Ethereum the biggest macro trade for the next 10 to 15 years. I think from now until the end of the year, Bitcoin has the potential to double, while Ethereum has more than double the upside. But in the long term, we have conducted some research and envisioned a five-year experiment, and the results predict that the final price of Ethereum will be around $60,000. Therefore, Ethereum has huge upside potential over the next five years." In mid-2017, Tom Lee publicly predicted for the first time that Bitcoin would reach $25,000 within five years (i.e., by 2022). In an interview with CNBC, he stated that Bitcoin was "eroding the demand for gold" and regarded it as "digital gold," with scarcity and value storage potential. At that time, the traditional financial sector and some media outlets mocked his prediction.
- 17:28The Federal Reserve accepted $34.744 billion in fixed-rate reverse repurchase agreements.ChainCatcher news, according to Golden Ten Data, the Federal Reserve accepted a total of $3.4744 billion from 21 counterparties in its fixed-rate reverse repurchase operations.
- 17:03US Treasury Secretary: There are 11 candidates for Federal Reserve ChairJinse Finance reported that U.S. Treasury Secretary Bessent stated: There are 11 strong candidates for the position of Federal Reserve Chairman. After Labor Day, we will begin interviews and submit the final list to Trump.