UBS, PostFinance and Sygnum Conduct Cross-Bank Payments on Ethereum

Digital asset investment products saw a significant inflow of $3.3 billion last week, bringing total assets under management to $239 billion, nearing the August peak of $244 billion.

Editor’s Note: This rebound in cryptocurrency investments is a positive sign for the market, indicating renewed investor confidence and interest in digital assets like Bitcoin and Ethereum.

Ethereum is currently trading around $4,460, showing an upward trend and attracting traders' attention as it approaches the $5K mark. Positive momentum and bullish signals suggest a promising outlook for ETH.

Editor’s Note: This matters because a rise in Ethereum's price could indicate increased investor confidence and market activity, potentially leading to greater adoption of cryptocurrencies and blockchain technology.

Ethereum is currently in a critical phase, having reclaimed the $4,500 level. Analysts, including expert Ted Pillows, are optimistic about its potential to reach $5,000, which would mark a new all-time high.

Editor’s Note: This matters because a surge to $5,000 would not only signify a major milestone for Ethereum but could also influence the broader cryptocurrency market, attracting more investors and boosting confidence in digital assets.

PayPal is launching a new feature called PayPal Links, allowing users to send and receive money through personalized links. This feature includes cryptocurrency transfers, making it easier to move funds across various platforms.

Editor’s Note: This development is significant as it enhances the flexibility of peer-to-peer payments and integrates cryptocurrency into everyday transactions, potentially attracting more users to digital wallets.

Swiss banks UBS, Sygnum Bank, and PostFinance have successfully completed the first legally binding payment using blockchain technology, demonstrating its potential for bank deposits and institutional payments.

Editor’s Note: This milestone is significant as it showcases the practical application of blockchain in traditional banking, potentially transforming how financial transactions are conducted and increasing efficiency in the sector.

Citigroup predicts that the price of Ethereum could fall to $4,300 by the end of the year, indicating a bearish outlook for the cryptocurrency.

Editor’s Note: This prediction is significant as it reflects the current market sentiment and could influence investor decisions regarding Ethereum. A drop to $4,300 would mark a notable decline, impacting both traders and long-term holders.

The cryptocurrency market is experiencing a resurgence, with Ethereum rising above $4,600. Bitmine Immersion has made significant purchases, acquiring thousands of ETH in September.

Editor’s Note: This is important as it indicates renewed investor confidence in Ethereum and the broader cryptocurrency market. Bitmine's aggressive buying could signal a bullish trend, attracting more attention and investment in the sector.

Ethereum has surpassed the $4,600 mark, generating excitement among investors. Institutional interest and staking are driving this surge, although experts warn of potential risks that could slow down the price in the short term.

Editor’s Note: This development is significant as it highlights the growing interest in Ethereum and the cryptocurrency market. The surge in price could lead to increased investment and innovation in the blockchain space, but the caution from experts reminds us of the volatility inherent in cryptocurrencies.

Ethereum-tracking ETFs have seen a resurgence, attracting approximately $360 million in inflows as of September 15. This marks a significant recovery in investor interest as ETH maintains a price of $4,500.

Editor’s Note: The return of inflows into Ethereum ETFs is a positive sign for the cryptocurrency market, indicating renewed investor confidence. As ETH holds steady at $4,500, this trend could lead to further growth and stability in the sector.

Tom Lee, Chairman of BitMine, forecasts a potential surge in Bitcoin and Ethereum prices within the next three months if the Federal Reserve cuts interest rates. His insights were shared during an interview with CNBC.

Editor’s Note: This prediction is significant as it highlights the potential impact of monetary policy on cryptocurrency markets. Investors and traders often look for signals from the Federal Reserve, and a rate cut could lead to increased investment in digital assets.

Ethereum's price is poised for potential growth as it remains above a crucial trendline, with markets anticipating a 96% likelihood of Federal Reserve rate cuts this year.

Editor’s Note: This matters because a rate cut by the Fed could lead to increased investment in cryptocurrencies like Ethereum, potentially driving prices higher and attracting more investors to the market.

Coinbase CEO Brian Armstrong announced plans for a potential token launch for the Base network, an Ethereum layer-2 solution. This move indicates Coinbase's commitment to expanding its offerings in the cryptocurrency space.

Editor’s Note: This announcement is significant as it highlights Coinbase's innovative approach to blockchain technology and its efforts to enhance user engagement through new token offerings. A successful token launch could strengthen the Base network's position in the competitive crypto market.

A crypto analyst has dismissed claims that XRP could reach $10,000, stating that such predictions are unrealistic. However, he believes there is still potential for significant growth in the token's price.

Editor’s Note: This analysis is important for investors as it provides a more realistic outlook on XRP's price potential, helping them make informed decisions rather than getting caught up in overly optimistic predictions.

Digital asset investment products saw a significant inflow of $3.3 billion last week, bringing total assets under management to $239 billion, nearing the August peak of $244 billion.

Editor’s Note: This rebound in cryptocurrency investments is a positive sign for the market, indicating renewed investor confidence and interest in digital assets like Bitcoin and Ethereum.

Bitwise has filed for a stablecoin and tokenization ETF, aiming for a Thanksgiving launch. This fund will track companies benefiting from stablecoin adoption and asset tokenization.

Editor’s Note: This development is significant as it highlights the growing interest in stablecoins and tokenization in the financial market. A successful launch could pave the way for more investment opportunities in this emerging sector.

Traders are optimistic about Little Pepe and Flare, two cryptocurrencies priced under $0.10, which may replicate the success of Shiba Inu in 2025.

Editor’s Note: The rise of Shiba Inu has inspired many traders to look for the next big opportunity in the crypto market. Little Pepe and Flare are gaining attention as potential breakout tokens, making them worth watching for investors.

Algorand's head of strategy, Marc Vanlerberghe, discusses a new campaign aimed at enhancing awareness of its technical capabilities and user experience in the DeFi space.

Editor’s Note: This initiative is significant as it highlights Algorand's commitment to engaging the retail community and competing with other decentralized finance giants, potentially leading to greater adoption and innovation in the blockchain space.

BNB has reached a new all-time high of over $950 as Binance approaches a deal with the DOJ that may reduce regulatory pressures in the US.

Editor’s Note: This development is significant as it indicates growing confidence in BNB and Binance, potentially leading to a more favorable regulatory environment for cryptocurrencies in the US.