⚡ CryptoTrendz - 📌 Hot Updates You Should’t Miss!:

Ethereum hits new ATH as ETF inflows near $12.7B, eyeing $10K. Xai sues Musk’s xAI over trademark. 180M ADA bought, ETH gaming heats up. Investor loses $1.54M in phishing scam. Bitcoin ETFs bleed $1B, but key support sits strong near $104K. ✨Let’s dive a little:

🔖 Ether’s Market Trends:

🔹Ethereum’s August rally hints at a possible downturn in September, based on historical patterns. Experts advise caution as market sentiment fluctuates sharply (Source).

🔹Meanwhile, Ethereum’s price nears $4,900 supported by ETF inflows and Fed policies, fueling hopes for a $10K rally (Source).

🔹On-chain models indicate critical support levels between $104,000 and $108,000 for Bitcoin, highlighting stability concerns in the broader crypto landscape (Source).

🔹Ethereum’s dominance grows; in ETFs, Ethereum is now outperforming Bitcoin, marking a historic flippening moment (Source).

đź”– Crypto Incidents & Legal Battles:

🔹A crypto investor suffered a $1.54 million loss due to a phishing scam, emphasizing security risks in digital assets (Source).

🔹Ethereum gaming network Xai has sued Musk’s xAI for trademark infringement, showcasing legal disputes within innovative sectors (Source).

🔹The creators of an Ethereum-based gaming platform also took legal action against Elon Musk’s xAI, indicating rising legal conflicts (Source).

🔹Dogecoin bulls are defending the $0.21 support level as the digital currency aims to break key resistance, reflecting ongoing volatility (Source).

đź”– Altcoins & Market Movements:

🔹Ripple (XRP) rebounded from key support levels, with analysts forecasting new all-time highs amid a 7457.83% liquidation imbalance during a sudden reversal (Source).

🔹Cardano’s price hovers around $1, with expectations that it might sustain or rise further (Source).

🔹Shiba Inu’s open interest hit a staggering 13.62 trillion, igniting bullish momentum among traders (Source).

🔹Ethena (ENA) aims to cross the $1.37 mark this year as support builds, signaling growing investor confidence (Source).

🔹Meanwhile, Worldcoin’s price remains stable within a triangle pattern, showing resilience in a volatile market (Source).

đź”– Regulatory & Institutional Developments:

🔹The US government owns 10% of Intel, sparking questions about potential impacts on Bitcoin and other crypto firms’ futures (Source).

🔹Ripple’s CEO has responded positively to Fed officials embracing cryptocurrency, hinting at greater regulatory acceptance (Source).

🔹Ethereum treasuries have increased significantly, while Bitcoin ETFs experienced a $1 billion outflow, sparking debates over institutional strategies (Source).

🔹Public discourse intensifies between Bitcoin maximalists and ordinal enthusiasts about shaping the cryptocurrency’s future (Source).

đź”– Market Insights & Sentiments:

🔹The total open interest in Shiba Inu remains massive, fueling bullish expectations despite volatility (Source).

🔹Ethereum suddenly hit a new all-time high since 2021, marking a significant milestone for the network (Source).

🔹Meanwhile, XRP surged 7457.83% during a liquidations imbalance, showcasing powerful reversals (Source).

🔹Dogecoin’s bulls are battling to hold support at $0.21 as they aim for resistance breakthrough (Source).

🔹Worldcoin’s price movement in a triangle pattern reflects accumulating support and market consolidation (Source).