The post Can Cashcat (CASHCAT) Become Next Shiba Inu (SHIB)? Ethereum’s (ETH) Strongest Recovery Yet, Bitcoin (BTC) Reversal Is Close: Crypto Market Review appeared on BitcoinEthereumNews.com.
Ethereum picks up momentum Will Bitcoin bounce? With the introduction of Robinhood Chain, a new Layer-2 network created with Arbitrum technology, Cashcat (CASHCAT) has rapidly emerged as one of the most talked-about memecoins in the cryptocurrency space. Some traders are wondering if CASHCAT could become for Robinhood Chain what Shiba Inu became for Ethereum, given the token’s quick ascent, increasing whale activity, and compelling story. The most recent catalyst was a wallet called ‘Ansem-2,’ which spent about $233,000 in a matter of hours to obtain 2.79 million CASHCAT tokens. The wallet is connected to a Solana address that is said to contain millions of dollars’ worth of ANSEM tokens and has made significant profits from prior trades involving memes. It remains to be seen if this purchase wi
The post RWA news: A DEX trader holds $1 million EUR/USD bullish bet for 400 Days appeared on BitcoinEthereumNews.com.
The term “HODLing,” crypto slang for buying and holding an asset for a long time, has historically been associated almost exclusively with bitcoin BTC$62,946.60 and ether (ETH). One trader has now applied the same long-term approach to perpetual futures tied to the euro-dollar pair (EUR/USD) listed on the decentralized exchange (DEX) Ostium, which is powered by Nasdaq data. A trader has held a long position in EUR/USD worth $1,139,490 for 400 days, Ostrium said on Tuesday. The bullish bet, expecting the euro to strengthen against the U.S. dollar, was opened around early June 2025. EUR/USD traded above 1.14 as of this writing, largely unchanged from where it was in June last year, but it did rise as high as 1.2082 in January this year. Onchain FX trading offered by platforms such as Ostium, Gains Network, Synthetix, GMX, and others remains a very tiny fraction of the gl
The post Bitcoin Price Fragile as Demand Fails to Outpace Issuance appeared on BitcoinEthereumNews.com.
The Bitcoin price is trading at around $63,000, up a modest +0.5% over the past 24 hours, and the chart tells a story that optimists are struggling to reframe. Volume has slipped roughly 8% from the prior session, spot ETF flows are back in the red, and the apparent demand metric, the difference between new issuance and supply inactive for over a year, has remained negative throughout 2026. Analyst Darkfost flagged that apparent demand is at roughly -75,000 BTC, an improvement from the year’s trough of -275,000 BTC but still firmly negative, indicating that long-term holder accumulation is not absorbing miner-created supply. 🔴 Apparent demand has stayed negative for almost the entire year. The dynamic remains unchanged and perfectly illustrates the current weakness in Bitcoin demand. Today the market is seeing a slight improvement, helping BTC consolidate at these levels. 💥 On June
The post Bitcoin Holds Strong Amid Renewed Middle East Hostilities appeared on BitcoinEthereumNews.com.
Bitcoin has remained relatively strong as tensions erupted between the US and Iran over the last couple of days. Can the $BTC price hang on to support around the $62K level, or if attacks from both sides escalate, could this be what sends Bitcoin spiralling into a bear market bottom? $BTC price bounces back to $63K resistance Source: TradingView As expected, the $BTC price came back down, given its slightly overbought nature of the last day or two. Also, the price found good support on the top of the falling wedge, at horizontal support, and at the bull market trendline. After bouncing, the price has currently come up against the $63K horizontal resistance which is preventing further gains up to now. There will possibly be more sideways price action to come, unless of course events in the Middle East drag the U.S. stock market down, which in turn would likely take the $BTC price dow
The post Ethereum Indecision Deepens: Some Holders Panic Sell, While Others Buy the Dip appeared on BitcoinEthereumNews.com.
Ethereum (ETH) traders have splintered into two camps as the price slide deepens. Roughly 100,000 addresses deposited to Binance during a panic move, while withdrawals climbed at the same time. The divided response now stretches beyond on-chain flows. On Polymarket, bettors price both a recovery and a deeper decline as likely outcomes, showing how sharply the market disagrees on Ethereum’s next move. Binance Deposits Spike as ETH Tests Panic Lows Ethereum trades near $1,730, down about 1.57% over the past day yet up roughly 7% across the week, according to BeInCrypto Markets. Follow us on X to get the latest news as it happens Ethereum (ETH) Price Performance. Source: BeInCrypto Markets The latest drop coincided with escalating US-Iran tensions. The conflict has been a key factor impacting risk assets since March. Analyst Darkfost flagged that the crypto market
Bitcoin spot ETFs posted a fresh net outflow on Wednesday as analysis said that their "most overwhelming" outflow streak had ended without a clear demand recovery.
The post Top Robinhood Chain Meme Coins to Watch as Volumes Surge 1,200%: CashCat, DIH, and 4663 appeared on BitcoinEthereumNews.com.
The Robinhood Chain that launched on July 1 has seen a 1,200% surge in DEX volumes amid rising meme coin activity. Three meme coins: Cash Cat (CASHCAT), Dog in Hood (DIH), and 4663 (4663) are standing out with the highest trading volumes and market cap. Robinhood Chain Meme Coin Mania Fuels Volumes Data from DEXScreener shows that Robinhood Chain has seen $458 million in volume numbers today, July 9, while total transactions stood at 1.9 million at the time of writing. The volumes are rising amid an ongoing meme coin mania on Robinhood Chain that comes after Robinhood’s CEO, Vlad Tenev, urged more people to create and trade meme tokens on the network. “While we’re building Robinhood Chain to be the best chain for RWA … it works great for memes too,” Tenev said. Shortly after Tenev made this X post, the DEX volumes on Robinhood chain increased from $32 mi
The post AscendEX Shuts Down as User Balance Payouts Remain Uncertain appeared on BitcoinEthereumNews.com.
AscendEX shut down after MiCA pressure, weak liquidity, and failed funding left operations unsustainable. Users face delayed manual withdrawals, with the exchange unable to guarantee full balance recovery. ZachXBT had flagged nearly empty hot wallets before the shutdown, including ETH, USDT, USDC, and SOL. The closure revives custody concerns after AscendEX’s 2021 breach, which caused about $78M in losses. AscendEX has shut down after regulatory, financial, and operational pressures pushed the crypto exchange into a controlled offboarding process. The platform ceased operations on July 1, then published a notice on July 6 explaining the decision. JUST IN: ASCENDEX SHUTS DOWN AND USERS MAY NOT GET FULL BALANCES BACK Crypto exchange AscendEX has ceased operations on July 1, citing MiCA, regulatory, financial and operational pressure. The company’s statement indicated that current li
