Krugman: Tariffs, Immigration Policies Drag on Growth

Nobel laureate Paul Krugman warns that President Trump’s tariff and immigration policies are stifling economic growth. He argues these measures raise costs, deter investment, and ultimately burden consumers. Krugman also dismisses the notion of a 1950s-style manufacturing revival as unrealistic.

  • Tariffs and immigration policies raise costs and freeze investment, negatively impacting growth.
  • Krugman dismisses the feasibility of a 1950s-style manufacturing revival and notes tariff revenue won't resolve the deficit.
  • U.S. trade credibility has suffered lasting damage due to recent policy shifts.
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Ethereum Breaks $4.7K Resistance: $5K ATH in Sight?

Ethereum has finally broken out of weeks of sideways trading with a powerful rally, pushing directly into the critical $4.7K-$4.8K resistance zone. This decisive move sets the stage for either a continuation toward $5K or a pullback to retest support levels. Technical and sentiment analysis reveals the key factors driving ETH’s momentum and what traders should watch next.

  • Ethereum's breakout was driven by a short squeeze that liquidated clustered leveraged shorts, creating rapid upward momentum
  • The $4.7K-$4.8K resistance zone overlaps with the upper channel boundary, making it a critical decision point for trend continuation
  • A dense liquidity pocket exists at $4.5K-$4.4K, which could serve as a pullback target if resistance holds
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BNB Hits Record $1,300, Analysts Predict Further Surge

BNB, the native token of Binance and BNB Chain, has surged to a new all-time high above $1,300, nearly doubling since its April lows. Analysts are projecting further gains as the token experiences a bullish breakout. With a market cap of $131 billion, BNB now ranks as the sixth-largest cryptocurrency.

  • BNB's market cap of $131 billion positions it as the sixth-largest cryptocurrency, just behind Solana.
  • A surge to $1,300 would increase BNB's market cap to $180 billion, threatening XRP's rank.
  • BNB's token burn mechanism reduces supply, with the next burn scheduled within a month.
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Coinbase Hacker Doubles Down on $18.9M ETH Purchase

A wallet linked to the infamous $300 million Coinbase hack has made a significant Ethereum purchase, acquiring nearly 4,000 ETH worth $18.9 million. The transaction occurred as Ethereum surged past $4,700, signaling the hacker’s continued confidence in the asset. Blockchain analysts have been monitoring this wallet since its connection to the social engineering scam earlier this year.

  • Hacker consolidated DAI amounts ranging from $80,000 to $6 million before executing ETH purchases
  • Transaction occurred at approximately $4,756 per ETH during Saturday's trading
  • Wallet has been under active surveillance by blockchain analysts since early 2024
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Dogecoin Soars to $0.30, Analysts Predict More Gains

Dogecoin has surged to a new 7-month high of $0.30, breaking out of a prolonged consolidation phase. Multiple analysts are bullish on the meme coin’s trajectory, suggesting the rally is just beginning. The momentum comes amid anticipation around a potential Dogecoin ETF, though its launch has been delayed.

  • DOGE broke out of a consolidation phase around $0.22 on September 7, surging to $0.30—a 7-month high.
  • Analysts point to technical indicators like tightening Bollinger Bands as signals for potential triple-digit gains.
  • The SEC delayed the launch of the Rex-Osprey DOGE ETF (DOJE) from September 12 to September 18, though hype remains strong.
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Altcoin Rally Threatened by Derivatives Data, Analysts Warn

The crypto market is experiencing a strong bullish momentum with altcoins outperforming Bitcoin, suggesting the beginning of an altseason. However, derivatives data reveals a concerning pattern that historically precedes market peaks. Analysts are divided on whether this rally will be short-lived or evolve into the biggest altcoin run ever.

  • Altcoin open interest nearing Bitcoin levels for first time in 9 months, historically signaling impending market peaks
  • Expected approval of altcoin spot ETFs in October could provide structural liquidity and extend rally sustainability
  • Lower interest rates anticipated from Gold market consolidation may drive capital toward high-risk crypto assets
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Solana Nears Price Discovery as Analysts Debate Rally’s End

Solana has surged to a seven-month high of $241.84, approaching a critical resistance level that could trigger a price discovery phase. While some analysts predict potential targets of $600 or even $1,314, others warn the rally may be nearing its end. The momentum is fueled by anticipation of spot Solana ETF approvals and significant corporate treasury purchases.

  • Solana broke out of a $120-$220 consolidation range, reaching a seven-month high of $241.84 and approaching the critical $250 resistance level
  • Multiple spot Solana ETFs await SEC approval in October, while Forward Industries secured $1.65 billion to purchase and stake SOL
  • Analysts are divided: some see potential targets of $600-$1,314, while others warn the rally may be in its late stages
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Bitcoin Hits $115.5K on Fed Rate Cut Hopes, ETF Inflows Surge

Bitcoin surged to a three-week high of $115,500, driven by softer U.S. inflation data and robust inflows into Bitcoin ETFs. Investor optimism is growing as markets anticipate a potential Federal Reserve rate cut next week. Altcoins like Ethereum and Solana also posted significant gains, reflecting broad crypto market strength.

  • Bitcoin ETFs saw over $928 million in inflows, reinforcing institutional and retail demand.
  • Resistance at $116,000 limited gains, with a put/call ratio of 1.3 indicating bearish sentiment.
  • Analysts warn of potential volatility ahead of the Fed's rate decision, with key support at $113,700.
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Bitcoin Nears $116K as Meme Coins Surge in Crypto Rally

Bitcoin continues its upward trajectory, approaching $116,800 as meme coins like DOGE and PEPE post double-digit gains. The cryptocurrency market has added over $80 billion in value overnight, fueling speculation about an altseason. Bitcoin’s market dominance has dipped to 55.2% while altcoins outperform.

  • Bitcoin faced multiple resistance tests at $113,200 and $116,800 before settling near $116,000
  • Meme coins DOGE and PEPE led altcoin gains with 12% and 18% surges respectively
  • Total cryptocurrency market capitalization increased by $80 billion overnight to $4.18 trillion
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Hashj Cloud Mining: Diversify with DOGE, XRP & USDT in 2025

Cloud mining platform Hashj is offering investors diversified cryptocurrency mining opportunities for Dogecoin, XRP, and USDT without hardware requirements. The platform promises guaranteed returns and a $118 registration incentive for new users. This approach aims to make crypto mining accessible while balancing risk through portfolio diversification.

  • Hashj eliminates hardware and electricity costs through completely cloud-based mining operations
  • The platform offers simultaneous mining of fun/volatile (DOGE), fast-transacting (XRP), and stable (USDT) cryptocurrencies
  • Users receive daily payouts with guaranteed returns and principal protection through transparent contracts
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