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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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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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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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Solana Cup-and-Handle Breakout Targets $1,314

Solana has broken out of a multi-year cup-and-handle pattern, signaling potential sustained bullish momentum. Analyst Ali Martinez identifies this technical formation on SOL’s weekly chart, suggesting a ambitious price target. The breakout follows a 17% weekly surge that pushed SOL to $238.

  • SOL broke upward from a multi-year descending channel representing the 'handle' portion of the pattern in July 2024
  • The $1,314.41 target is derived from the 1.414 Fibonacci Extension level measured from the cup's lowest point
  • The weekly chart shows SOL formed the U-shaped 'cup' between 2021-2023 before entering the consolidation 'handle' phase
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Solana ETF Hits $200M as Institutional Flows Surge

The REX-Osprey Solana staking ETF (SSK) has surpassed $200 million in cumulative flows, marking a significant milestone amid Solana’s strong price performance. This surge follows initial institutional hesitation and reflects growing corporate treasury strategies embracing SOL. The fund’s success coincides with Solana’s DeFi ecosystem crossing $13 billion in total value locked.

  • Solana ETPs saw $177 million in inflows during August 25-29, the largest altcoin flow excluding Ethereum
  • Major firms including Galaxy Digital and Multicoin Capital are pursuing a $1 billion Solana treasury through public company vehicles
  • Solana's DeFi ecosystem crossed $13 billion in total value locked for the first time on September 12
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XRP Breaks $3.05 Resistance, Targets $3.60 ATH

Ripple’s XRP has surged past the critical $3.05 resistance level with a 10% weekly gain, signaling a potential run toward its all-time high. Crypto analyst Ali Martinez predicts the asset could reach $3.60 next despite significant whale selling. The token has now reclaimed its position as the third-largest cryptocurrency by market cap.

  • XRP broke through key resistance at $3.05 despite whales selling $120 million worth of tokens in 24 hours
  • Analyst Ali Martinez predicts a potential surge to $3.60, near the all-time high, following the breakout
  • XRP/BTC pair shows more significant technical breakout patterns than XRP/USD according to analyst CRYPTOWZRD
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Upexi’s Solana Treasury Hits $447M with $142M Unrealized Gains

Upexi Inc. has announced that its Solana treasury holdings surged to $447 million as of September 10, driven by a rally in Solana’s price. The company reported $142 million in unrealized gains, highlighting its strategic focus on cryptocurrency investments. CEO Allan Marshall emphasized enhanced investor engagement and advisory expertise as key factors behind this performance.

  • Upexi's Solana treasury grew to $447 million, yielding $142 million in unrealized gains due to Solana's price increase.
  • The company enhanced its advisory capabilities by adding Arthur Hayes, a noted digital asset expert, to its committee.
  • Upexi actively engaged with investors at finance conferences to improve transparency and market visibility.
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Altcoins Surge as Fed Rate Cut Hopes Fuel Crypto Rally

Major altcoins including BNB, Dogecoin, and Solana surged significantly on Friday, with BNB reaching a new all-time high. The rally was fueled by Bitcoin and Ethereum hitting monthly peaks and growing investor optimism about potential Federal Reserve rate cuts. This bullish momentum reflects broader positive sentiment in crypto markets amid favorable macroeconomic conditions.

  • BNB achieved a new all-time high above $926, marking a 70% increase over the past year and nearly 9% gain in the last week
  • Bitcoin and Ethereum reached their highest prices of September at $116,331 and $4,675 respectively, driven by sustained ETF inflows
  • Gemini debuted on Nasdaq with a $4.4 billion valuation, opening at $37.01 per share representing a 32% premium to its IPO price
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