Ether’s August rally could lead to September downtrend, history suggests

Crypto payments are gaining attention with significant developments like Circle's IPO and the GENIUS Act for stablecoin regulation. However, the sector still faces challenges and is considered to be in a beta phase.

Editor’s Note: Understanding the current state of crypto payments is crucial as they are becoming more mainstream. This article highlights key events that could shape the future of digital currencies, making it relevant for investors and enthusiasts alike.

Bitcoin has been declared 'dead' 431 times according to the latest data from Bitcoin Is Dead, a database tracking such claims. This highlights the ongoing debate about the cryptocurrency's viability.

Editor’s Note: This matters because it reflects the volatility and skepticism surrounding Bitcoin and cryptocurrencies in general. Understanding these declarations can help investors navigate the complex landscape of digital assets.

Ripple's XRP has entered the top 100 global assets with a market cap of $181.2 billion, ranking it among major companies like Shopify and Intuit. This achievement is significant as it occurred without a regulated spot ETF in the U.S.

Editor’s Note: This milestone highlights XRP's growing influence in the cryptocurrency market and its potential to compete with established financial assets. It reflects investor confidence and the increasing acceptance of digital currencies.

Ethereum has reached a new all-time high of $4,866, surpassing its previous record. Industry experts are optimistic about its future, suggesting it may be a great investment opportunity.

Editor’s Note: This surge in Ethereum's value is significant as it indicates a bullish trend in the cryptocurrency market. Investors and traders are keen to identify the best opportunities, and Ethereum's performance could influence market dynamics.

Custodia CEO Caitlin Long has expressed concerns about traditional finance's preparedness for the upcoming crypto bear market. Speaking at the Wyoming Blockchain Symposium, she highlighted that Wall Street's legacy systems may not be equipped to handle the challenges ahead.

Editor’s Note: This matters because as traditional finance increasingly engages with the cryptocurrency market, understanding its limitations is crucial. If these firms are unprepared, it could lead to significant disruptions in the financial landscape.