Ethereum’s All-Time High Sparks Short Squeeze Season—What Comes Next?

Cardano's open interest has reached all-time highs, indicating strong investor interest despite recent market corrections. This performance highlights Cardano as a leading altcoin.

Editor’s Note: Understanding Cardano's rising open interest is crucial for investors as it reflects growing confidence in the asset. This trend could signal potential price movements and investment opportunities in the altcoin market.

Bitcoin has recently dropped to around $112,000 after hitting a low of $110,000, marking a 10% decline from its all-time high. Market expert Doctor Profit warns of potential negative implications ahead of the Federal Reserve's September meeting.

Editor’s Note: This situation is significant as it reflects the volatility of the cryptocurrency market and the potential impact of Federal Reserve decisions on Bitcoin's future. Investors are closely watching these developments to gauge the market's direction.

Gemini has surpassed Coinbase in the US Apple App Store's finance category, despite Coinbase having higher trading volumes.

Editor’s Note: This is significant as it highlights Gemini's growing popularity and user engagement, especially following the launch of the XRP Mastercard. It shows a shift in user preference within the cryptocurrency space.

The UAE reportedly holds $700 million in mined Bitcoin, a significant decrease from earlier estimates of 420,000 Bitcoin. This new figure raises questions about the sources of these holdings.

Editor’s Note: Understanding the UAE's Bitcoin holdings is crucial as it reflects the country's stance on cryptocurrency and its potential implications for the global market. The shift from previous estimates could indicate changes in how Bitcoin is being tracked and valued.

Access Protocol has successfully launched Creator Coins on the Solana blockchain, resulting in a surge of over 100% in ACX's price and increased trading activity.

Editor’s Note: This launch is significant as it highlights the growing interest in cryptocurrency innovations and the potential for new investment opportunities. The rise in ACX's price reflects positive market sentiment and could attract more investors to the platform.