Schlagwort: crypto market

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SUI price forecast amid Google AP2 partnership news and Tuttle Capital ETF filing

  • Google picks Sui for its new AI-driven payments protocol.
  • Tuttle Capital launches ETF series for SUI, LTC, and BONK.
  • SUI price must hold $3.47 support to target $3.73 and higher levels.

The Sui price has gained renewed momentum in recent days, driven by a series of developments that have firmly placed it in the spotlight.

From its selection as a launch partner for Google’s Agentic Payments Protocol (AP2) to the unveiling of new exchange-traded funds tied to SUI, the cryptocurrency’s market sentiment is heating up.

Combined with technical signals pointing toward heightened volatility, eyes are now on whether the token can sustain its current rally and push into higher price territory.

Google partnership sparks optimism

Sui’s most prominent catalyst is Google’s decision to name the blockchain as a launch partner for its Agentic Payments Protocol.

The AP2 framework is designed to enable artificial intelligence agents to handle financial transactions and payments on behalf of users.

The partnership has instantly boosted SUI’s profile as a blockchain positioned at the intersection of AI and finance.

Following the partnership announcement, the token’s price jumped nearly 4%, outpacing the broader market.

Trading activity also surged, with the daily volume rising to more than four times its average, an indication that institutional players may be building positions.

Even after the hype caused by the news, the price of SUI has managed to stay above the key $3.50 level, a sign of strength in the face of broader market uncertainty.

SUI ETF filing fuels institutional interest

Adding to the momentum, Tuttle Capital has filed for an “Income Blast” ETF series, which includes Sui alongside Litecoin and Bonk.

Turttle Capital Income Blast ETF series

The availability of an ETF product provides traditional investors with an accessible entry point to gain exposure to SUI without directly holding the token.

The filling, first revealed on September 12, fueled a price surge of more than 3% for SUI, Litecoin, and Bonk as traders reacted to the potential for broader institutional adoption.

Notably, this new product strengthens the bullish case for Sui by bridging retail and institutional markets.

ETF approval and launch are often viewed as turning points for digital assets, as they expand market reach and add legitimacy in the eyes of traditional finance.

SUI technical analysis reveals critical levels to watch

Beyond the headlines, market analysis reveals some technical levels that could determine SUI’s short-term direction.

According to analysis by CoinLore, the token must hold above $3.47 to maintain its current momentum.

A break above the first major resistance at $3.73 could open the door to $3.93, with a third ceiling at $4.24.

However, losing support at $3.47 could send the price back to $3.19, a level that would likely test the confidence of recent buyers.

Traders are also paying attention to volatility indicators. CryptoBullet, a widely followed analyst, highlighted that Bollinger Bands on SUI’s weekly chart are now the tightest in the token’s history.

According to CryptoBullet, previous squeezes at similar levels preceded explosive rallies of 253% and 404%.

Based on this pattern, CryptoBullet expects another sharp breakout, projecting a potential 150% to 200% move upward if momentum holds.

SUI price outlook

Technical signals suggest the token is approaching an inflexion point, with volatility building and key resistance levels in sight.

If SUI can maintain support above $3.47 and break through $3.73, traders may see it climb toward $4 and beyond in the coming weeks.

The Google AP2 partnership gives it a unique role in the future of AI-driven financial services, while the Tuttle Capital ETF launch enhances institutional visibility and access.

And with the fundamental analysis aligning with the technical analysis, the token is positioned for a potentially decisive breakout that could define its trajectory into the next quarter.

The post SUI price forecast amid Google AP2 partnership news and Tuttle Capital ETF filing appeared first on CoinJournal.

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Memecoin news: Pump.fun flips Hyperliquid in revenue, DOGE ETF expected this week

  • fun’s $3.12M daily revenue eclipses $2.78M of Hyperliquid DEX.
  • Bloomberg’s analysts thinks a DOGE ETF could go live on Thursday.
  • Markets flash optimism as traders eye another potential meme coin season.

The crypto market held strong on Tuesday as Bitcoin rallied ahead of the much-awaited interest rate decision, poised to determine the industry’s direction in the upcoming times.

Analysts forecast significant breakouts after a potential 25bp reduction.

Solana-based Launchpad, Pump.fun, has performed well in the past few sessions, now outperforming Hyperliquid in daily trading volume.

Meanwhile, the original meme crypto, Dogecoin, stole the show as the community anticipates the first-ever DOGE ETF to launch in the US on Thursday.

Pump.fun outshines Hyperliquid

The meme token generation platform has seen remarkable recoveries as strategic buybacks start to pay off.

Data compiled by CryptoRank shows Pump.fun has outperformed Hyperliquid in daily revenue.

The decentralized exchange recorded $2.78 million in 24-hour profits on September 15, lower than PUMP’s $3.12 million.

The milestone makes Pump.fun a top-earning DeFi network, only behind Tether and Circle.

Notably, fees accrued from new coin launches, trader activity, and liquidity provision contribute to Pump.fun’s growth.

Furthermore, such developments reflect increased interest in meme tokens.

These indicators signal a potential bull run as participants seek high-risk, high-reward investment opportunities.

Pump.fun’s native token exhibited a bullish stance as the protocol gained traction.

PUMP has soared more than 75% in the past seven days to $0.008160.

Dogecoin ETF launch looms

At the same time, excitement fills the meme crypto ecosystem as enthusiasts brace for the first US DOGE exchange-traded fund.

Bloomberg’s analyst Eric Balchunas expects Dogecoin and XRP ETFs to drop this week, stating:

As of now, the Doge ETF (DOJE) is slated for Thursday launch.

The debates grabbed attention, especially as the SEC maintains a cautious approach in approving altcoin ETFs.

The regulator has delayed its decision on multiple exchange-traded funds lately.

However, Balchunas sees no issue with that.

Responding to an X user who asked why the watchdog rejected Bitwise’s Dogecoin spot ETF, he said:

All the 33 Act DOGE ETFs are sitting with the SEC, likely to see approval in next two months.

If authorized, REX-Osprey DOGE ETF (DOJE) would become the first US exchange-traded fund giving cryptocurrency investors exposure to a meme token.

Such a move would elevate Dogecoin’s appeal in the financial world, which is crucial as markets move from hype-driven assets to projects with real-world utility.

DOGE trades in the green as the community awaits this week’s key moment.

It has gained more than 10% in the past week to $0.2652.

Overcoming the resistance at $0.30 could trigger substantial rallies for the altcoin.

CleanCore Solutions demonstrates its confidence in Dogecoin, making three massive purchases this week.

The latest transaction saw the company accumulating 100 million DOGE, worth around $26.6 million.

CleanCore now holds over 600 million Dogecoin tokens, targeting 1 billion by October.

The market capitalization of all meme tokens is $86.14 billion, with a trading volume of $9.34 billion (Coingecko data).

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Immutable (IMX) tops $0.70 as coin pumps 12%; Check forecast

Key takeaways

  • IMX is the best performer among the top 100 cryptocurrencies by market cap, up 12% in 24 hours.
  • The coin could target the $0.808 resistance level soon.  

IMX rally as on-chain activity increases

IMX, the native coin of the Immutable ecosystem, is the best performer among the top 100 cryptocurrencies by market cap in the last 24 hours. The coin rallied by more than 12% and has now surpassed the $0.70 mark.

The positive performance comes amid growing on-chain activity. IMX’s 24-hour turnover ratio is around 6.2%, indicating growing trading activity within the immutable ecosystem. On-chain data shows that a whale purchased 4.55 million IMX tokens, about $3.2 million worth, on September 13.

This transaction caused a 23% jump in large transactions and has been the primary catalyst behind IMX’s ongoing rally. 

IMX eyes the $0.808 resistance level

The IMX/USD 4-hour chart is bullish but inefficient, thanks to Immutable’s sudden rally over the last 24 hours. The inefficiency could see IMX dip lower to grab liquidity before continuing its rally.

The RSI of 64 shows that buyers are firmly in control, with the MACD lines also deep within the bullish territory. If the rally continues, IMX could hit the next major resistance level at $0.808 over the next few hours or days. An extended bullish run would allow IMX to hit the $1 mark for the first time since January.

IMX/USD 4H Chart

However, the inefficiency could see IMX undergo a correction. If that happens, IMX could decline to the $0.660 level over the next few hours. The major support and TLQ level at $0.58 would likely hold unless the broader crypto market records a massive loss. 

The onchain activity supports a continued rally for IMX, with upcoming macroeconomic events likely to play a role in how the coin performs over the next few days.

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Bitcoin price prediction: BTC recovers above $115k as $116k resistance holds

Key takeaways

  • BTC targets the $120k resistance ahead of FOMC.
  • The $116k resistance presents a hurdle to traders despite bullish price action. 

BTC is still trading below the $116k resistance

The crypto market opened the new week bearish but is now on its path to recovery as Bitcoin and other major cryptocurrencies are recording gains. Bitcoin dropped to the $114k level on Monday, with altcoins recording bigger losses.

However, BTC has slightly recovered and is now trading above $115k, with the $116k resistance still in play. The stagnated price action comes ahead of a crucial FOMC meeting tomorrow.

Analysts are expecting a rate cut of at least 25 basis points, with some predicting a 50 basis point cut. Polymarket odds of this cut have jumped to over 90%, while the CME Fed Monitor tool has the probability at 95%. A Fed rate cut will favour cryptocurrencies such as Bitcoin, with the leading cryptocurrency likely to target its all-time high price once again.

BTC eyes $120k ahead of FOMC

The BTC/USD 4-hour chart remains bullish and efficient despite Monday’s dip. The technical indicators have improved over the last few hours, with all eyes now on tomorrow’s expected Fed rate cut.

BTC/USD4H Chart

The RSI of 55 shows that buyers are still in control, with the MACD lines also within the bullish territory. If the $116k resistance level is surpassed, BTC could quickly rally towards the $120k psychological level over the next few hours or days. An extended bullish run would allow it to target the all-time high price above $125k.

However, failure to surpass the $116k resistance level could see BTC face further correction to the downside. This could see the cryptocurrency retest the TLQ and support level at $113,479. This support level will likely hold as the next support level is around $110.

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Bitcoin price braces for liftoff: Can a Fed’s rate cut spark a $200K rally?

  • Fed rate cut hopes fuel optimism for a powerful Q4 Bitcoin price rally.
  • Whales, ETFs, and PayPal integration boost institutional demand.
  • Analysts see BTC hitting $140K–$200K this year, with $250K possible if flows persist.

Bitcoin is once again at a crossroads. After touching an all-time high of $124,128 in August, the price of the world’s largest cryptocurrency has pulled back to trade just below $115,000.

But the pullback has done little to dampen enthusiasm.

With a Federal Reserve interest rate cut now widely expected, optimism is building that Bitcoin could be gearing up for its next explosive leg higher, possibly toward $200,000 and beyond.

Over the recent days, the price has been stuck in a narrow band between $114,000 and $116,000 for the past week.

Market analysis hints at $115,000 being a critical resistance level that will shape the next major move.

According to analysts at CoinLore, if Bitcoin clears $116,000 and holds above $117,500, it could unlock a rally toward the $122,000–$130,000 range in the short term and $135,000 or even $140,000 in the long term.

Fed decision looms large

Notably, the immediate catalyst for a BTC price breakout could come as soon as September 17, when the Fed is expected to cut interest rates.

Lower borrowing costs generally boost liquidity and favour risk assets such as crypto.

Sean Dawson, head of research at Derive, in a note to investors, told investors that the market is “only halfway through what could be a very powerful Q4 rally.”

He predicts Bitcoin’s price could reach $140,000 by year-end, with $200,000 as a conservative cycle peak if institutional flows continue.

Options data supports this bullish trend with Deribit showing heavy open interest clustered between $140,000 and $200,000 for December contracts, with calls outnumbering puts.

At the same time, US spot Bitcoin exchange-traded funds (ETFs) have seen $2.3 billion in inflows over the past five days, underscoring robust institutional demand.

Whales and institutions step in

On-chain data indicates that whales have resumed accumulation, adding to the buying pressure. Stablecoin liquidity and steady ETF inflows are providing additional fuel.

Volatility, however, remains likely because the market depth near resistance is thin, although whales and large holders could anchor Bitcoin’s next surge.

Institutional positioning is also strengthening, with PayPal recently announcing plans to integrate Bitcoin (BTC) and Ethereum (ETH) into its revamped peer-to-peer (P2P) payment system, allowing users to send crypto across PayPal, Venmo, and other wallets.

PayPal’s move signals a step toward mainstream adoption and adds to the narrative that Bitcoin is becoming more deeply embedded in global payments.

Galaxy Digital’s Mike Novogratz signals an altcoin season

While Bitcoin consolidates, altcoins are drawing attention.

Galaxy Digital’s Mike Novogratz argues that the “real fireworks” are in alternative assets and corporate treasuries tied to coins like Solana (SOL).

Novogratz pointed to Forward Industries’ $1.6 billion raise as evidence of fresh institutional capital flowing into crypto outside of Bitcoin.

Even so, Novogratz insists Bitcoin remains “digital gold” with a long-term trajectory that points higher.

Wall Street’s interest is also growing, with Nasdaq recently filing to list tokenised versions of stocks and ETFs on-chain, while SEC Chair Paul Atkins has pledged to “move all markets on-chain.”

Together with faster, more secure blockchains, the regulatory pivot is laying the groundwork for broader adoption across traditional finance.

So, can Bitcoin’s price really hit $200,000?

Despite an 8% pullback from August’s high, sentiment remains firmly bullish.

Industry voices from Arthur Hayes to analysts at Bitwise, Bernstein, and Standard Chartered have all predicted Bitcoin will reach at least $200,000 this cycle.

Hayes goes further, projecting $250,000, while Coinbase CEO Brian Armstrong sees the possibility of $1 million Bitcoin by 2030.

Sceptics, however, warn that heavy leverage in derivatives and potential whale sell-offs could spark turbulence.

But falling rates, strong ETF inflows, and corporate adoption are fueling expectations that this is not the cycle top.

Instead, traders and institutions alike are preparing for Bitcoin’s next move, with $200,000 now firmly in view.

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