Fundstrat’s Tom Lee predicts Bitcoin and Ether could surge in the fourth quarter this year on Fed rate cuts and improving liquidity conditions.
Martin Young
Martin is a technology and finance journalist with over two decades of experience covering cybersecurity, and information technology. Based in Southeast Asia for more than 25 years, he served as correspondent and systems analyst for Hong Kong-based Asia Times for twelve years. Since 2017, Martin has specialized in digital asset and blockchain reporting for multiple crypto publications. He brings forex trading and technical analysis expertise to his financial coverage, along with deep knowledge of core blockchain technologies and cryptographic concepts. Martin has no crypto holdings above Cointelegraph's disclosure threshold of $,1000.
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Bitcoin, Ether could make ‘monster move’ in next 3 months: Tom Lee - News
XRP, Dogecoin ETFs to launch this week in another altcoin milestone REX-Osprey secured SEC clearance to list the first US ETFs tied to XRP and Dogecoin, using a streamlined 1940 Act process that bypasses spot ETF hurdles.
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Thailand’s citizens are waking up to frozen bank accounts: Bitcoin anyone? Thailand froze three million bank accounts in an anti-scam crackdown, ensnaring users and prompting debate over whether Bitcoin offers a safer alternative.
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Trump renews push to oust Fed’s Cook ahead of expected rate cut US President Donald Trump has appealed the district court’s block on Fed Governor Lisa Cook’s removal, but new evidence has emerged.
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RWA tokens surge 11% weekly as onchain value peaks at $29B The total onchain value of real-world assets has almost doubled since the start of the year as financial institutions flood into the space.
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8 of 10 Bitcoin bull indicators turn bearish despite jump to $116K Despite a marginal recovery in the price of Bitcoin, the majority of bull market indicators for Bitcoin have now turned red, suggesting “momentum is clearly cooling.”
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Altseason index hits highest level this year: Here’s what traders think Altseason indicators surged to 76 this week, marking the highest crypto market levels since December as altcoins outperformed Bitcoin.
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Banks should offer better rates to counter stablecoins: Bitwise CIO Bitwise investment chief Matthew Hougan says banks should pay their customers higher interest rates if they’re worried about competition from stablecoins.
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Cboe plans 10-year-dated Bitcoin and Ethereum futures for US Cboe Global Markets plans to launch futures for Bitcoin and Ether with a 10-year expiry on Nov. 10, pending regulatory approval.
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Ant Digital is putting $8B in energy assets on the blockchain: Report Jack Ma’s Ant Digital is tokenizing billions of dollars’ worth of Chinese energy assets on AntChain, with plans to list the tokens on offshore exchanges.
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ARK Invest buys $4.4M in BitMine stock as its treasury crosses 2M ETH ARK Invest purchased more than 100,000 Bitmine shares after the Ethereum treasury company reached a milestone in ETH holdings.
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Ethereum added $1B of stablecoins almost every day last week Ethereum’s stablecoin supply surged to a record $165 billion after $5 billion in weekly inflows, cementing its RWA market dominance.
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Bitcoin whales dump 115,000 BTC in biggest sell-off since mid-2022 Bitcoin whales sold around $12.7 billion of Bitcoin last month, pressuring prices and “signaling intense risk aversion among large investors.”
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Trump Jr.-linked media company projects $100M Dogecoin mining haul Thumzup has executed agreements to acquire DogeHash’s 3,500 Dogecoin miners, projecting up to $103 million in annual revenue if DOGE hits $1.
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‘Avoidable errors’ wiped a year’s worth of Gary Gensler’s texts... oops The SEC watchdog said the IT department erroneously wiped Gensler’s texts, erasing records tied to crypto enforcement actions and transparency.
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Huge week for tokenized RWAs as Fed preps DeFi, payment talks The Federal Reserve announced a payments innovation conference focusing on tokenization as RWA markets hit an all-time high this week.
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Hackers find new way to hide malware in Ethereum smart contracts ReversingLabs researchers uncovered two NPM packages that used Ethereum smart contracts to hide malicious URLs and bypass security scans.
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ETH staking entry queue surges to two-year high as institutions accumulate Ethereum’s staking entry queue reached its highest level since 2023 as institutional demand and confidence surged, while the exit queue is declining.
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Crypto.com CEO bets on Fed rate cut to fuel crypto markets in Q4 Crypto.com CEO Kris Marszalek predicted a Fed rate cut this month, which would lead to a strong fourth-quarter for the crypto market.
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Ether could see the ‘biggest bear trap’ this month: Analysts Analysts predict Ether could fall to the mid-$3,000 support zone in September before rocketing back in October, which could catch many traders off guard.
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Trump project floats token burning as WLFI dips 30% after launch World Liberty Financial proposed using all protocol fees to buy back and burn WLFI tokens, aiming to reduce supply and boost holder value.
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Bitcoin’s ‘split personality’ on display as gold hits new record: Analyst Gold surged to a record high after Donald Trump’s “no inflation” comments, but Bitcoin fell to a two-month low, breaking their correlation pattern.
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Joe Lubin tips 100x Ether as Wall Street adopts decentralized rails Ethereum co-founder Joseph Lubin says Ether will flip Bitcoin as a “monetary base” as Wall Street adopts staking and DeFi infrastructure into their ecosystems.
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US ETFs now a major source of Bitcoin spot trading volume: CryptoQuant US spot Bitcoin ETFs are now driving up to $10 billion in daily trades, rivaling major exchanges and underscoring their role in institutional adoption of crypto.
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US banks moved $312B in dirty money, but critics still blame crypto Chinese money launderers have been moving billions through US financial institutions to aid Mexican drug cartels, yet lawmakers still point the finger at crypto.
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Ether ETFs capture 10x more inflows than Bitcoin in 5 days Spot Ether funds pulled in $1.83 billion in just five days, dwarfing Bitcoin ETFs. Analysts say Wall Street’s attention is tilting toward Ethereum’s broader utility.
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Bitcoin market cycles not anchored around halvings: Analyst Analyst James Check argued that Bitcoin has seen three market cycles driven by adoption trends rather than halving events as widely believed.
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KindlyMD shares slide on $5B stock offering for Bitcoin buy KindlyMD shares dropped after it filed for a $5 billion equity offering program to fund its Bitcoin treasury strategy.
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Tom Lee calls Ether bottom ‘in next few hours’ as BitMine buys 4,871 ETH Fundstrat’s Tom Lee called out Ether’s bottom as BitMine bought $21 million more during the plunge, bringing total holdings to 1.72 million ETH.
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Crypto liquidations hit $900M as Bitcoin sheds Jackson Hole gains Bitcoin briefly plunged to seven-week lows below $109,000, erasing all gains since the Fed chair’s Jackson Hole speech on Friday.