⚡ CryptoTrendz - 📌 Trending Now: The Latest Scoop!:

Solana bulls push for a surge as Ethereum faces choppy waters before Q4 highs. Hackers snatch $163M in August, exploiting WLFI via classic EIP-7702. Wall Street beams with crypto euphoria. Bitcoin may hit $150K; ETPs now hold 7% of its supply. ✨Here’s an overview:

🔖 Market Outlook and Trends:

🔹Analysts forecast no Ethereum rally until Q4, with choppy trading expected in September before new highs. Recovery hurdles might challenge Ethereum bulls, impacting overall market momentum (Source).

🔹Wall Street shows euphoria despite crypto market stalls, revealing mixed investor sentiments (Source).

🔹Sky’s $75M buyback plan bolstered SKY token by 8% in six months, indicating strategic confidence (Source).

🔹Bitcoin could reach $150K if major whales are managed, spotlighting big investors’ influence (Source).

🔖 Security and Risk:

🔹Hackers exploited the ‘classic EIP-7702’ to steal WLFI, highlighting ongoing security risks in the blockchain space (Source).

🔹Crypto thefts jumped to $163M in August as hackers shift tactics, stressing the need for robust security measures (Source).

🔹Ethereum could face a ‘biggest bear trap’ this month, raising caution among traders and investors (Source).

🔹Ripple CTO dismisses the idea of ‘support’ by XRP, underlining legal challenges faced by the network (Source).

🔖 Regulatory and Legal:

🔹SWIFT’s CIO criticizes Ripple’s resilience, pointing out that surviving lawsuits doesn’t equal strength in the legal landscape (Source).

🔹The legal environment continues to shape blockchain projects’ futures, emphasizing the importance of compliance (Source).

🔹XRP faces sell pressures despite recovery prospects, illustrating regulatory and market pressures (Source).

🔹Dogecoin founder predicts altcoin season in 2025, but warns of potential hurdles along the way, stressing cautious optimism (Source).

🔖 Crypto Adoption and Sentiment:

🔹XRP’s price aims to overcome selling pressure amid recovery hopes, signaling investor interest in the token’s potential (Source).

🔹Solana bulls target control, with signs of possible surge if recovery holds (Source).

🔹Shiba Inu’s price forms a double bottom in demand zones, suggesting possible rebound and increased buying interest (Source).

🔹CoinPoker’s CSOP launches new offerings, demonstrating evolving crypto gambling markets and adoption efforts (Source).

🔖 Market Data and Insights:

🔹Bitcoin ETPs now hold 7% of Bitcoin’s total supply, reflecting increased institutional interest (Source).

🔹Ether might face a significant bear trap this month, causing short-term price volatility, according to analysts (Source).

🔹Sky’s buyback boosts token value, showing confidence in project fundamentals (Source).

🔹The market continues to evolve with large investors and strategic moves shaping future trends (Source).