The improvement in broader market sentiment over the past month has benefited XRP. Over the past 30 days, the altcoin's price has increased by 14%, breaking out of a long-standing symmetrical triangle pattern for the first time since 2020.
This breakout has put XRP in a position to potentially surge 200%. However, are market conditions favorable enough to support this move?

Remixpoint Group, which is listed on the Tokyo Stock Exchange and formerly owned crypto exchange BITPoint, has just announced that it has used its funds to invest in cryptocurrencies including Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Avalanche (AVAX).
According to an official announcement from Remixpoint, the company spent nearly $5.3 million in this latest crypto purchase.
Remixpoint Expands Portfolio with BTC, ETH and Altcoins

Ethereum (ETH) is currently trading at $2,616, predicted to rise to $10,000 in the coming months based on fundamentals and fractal analysis.
2023-2024 Price Model Suggests ETH Price Increase
The first reason why ETH has a $10,000 target is due to the similarity to the previous price pattern from January 2023 to March 2024, according to Julien Bittel, head of macro research at Global Macro Investor.

Financial markets are booming, with heated discussions about the possibility of the US Federal Reserve cutting interest rates by another 50 basis points. A slight decline in the core PCE index has many investors starting to bet on this scenario.
The Fed's closely watched core PCE index rose 2.6% year-over-year in the latest report, slightly below the 2.7% forecast, and the odds are more than 50% for a 50 basis point cut.

Former Binance CEO Changpeng Zhao (CZ) has posted his first lengthy post since his release.
With an estimated personal net worth of $61 billion, he shares that enjoying a piece of fruit every day is now a “luxury.”
CZ said he will take some time off before deciding on his next career moves.
“I will relax for a while and then find new directions. There are always more opportunities in the future than in the past,” he stressed.

Total assets of U.S. ETFs surpassed the $10 trillion mark for the first time on September 27, thanks in part to more than $20 billion in inflows into cryptocurrency ETFs by 2024, according to data from Bloomberg Intelligence and research firm Morningstar.
Investors have poured about $691 billion into ETFs in the United States this year. Crypto ETFs account for nearly 3% of that total inflow.

Although September is often referred to as a bearish month, even being called “September,” this year Bitcoin is on track to be its best September ever. There are also signs that retail investors are starting to return.
Previously, the highest increase recorded in September was a 6% increase in 2016.

LINK, the native token of the decentralized oracle network Chainlink, has seen a price breakout, fueled by strong on-chain activity and growing investor confidence.
According to the latest analysis from blockchain intelligence platform Santiment, technical indicators suggest that LINK has the potential to continue its bullish momentum, with the long-term outlook remaining very positive.
Positive Sentiment Around Chainlink

Fortune reports that on Friday, Changpeng Zhao (CZ), founder of the world's largest cryptocurrency exchange Binance, will likely be released two days earlier than planned from a jail in Long Beach, California, as his release date falls on a weekend, after about four months in custody for violating the exchange's anti-money laundering regulations.
During his incarceration, Zhao spent about two months at a minimum-security prison in California, before being transferred to a detention facility that allowed him to participate in supervised activities, including watching movies.

SUI price is experiencing a strong uptrend, attracting the attention of the crypto community as it approaches key resistance levels. With Total Value Locked (TVL) surpassing $958 million, the network’s fundamentals have been strengthened, indicating growing confidence from investors.
This rapid growth has positioned SUI as a potential candidate for a prominent position in the group of “Ethereum Killers,” outperforming competitors such as Sei, Mantle Network, and Aptos.

Although the price of Ether (ETH) has increased by 15% over the past two weeks, this week ETH price has struggled to maintain its bullish momentum, with an accumulation phase in the range of $2,700 to $2,600.
Currently, the largest altcoin by market capitalization has reached $316 billion and recorded a trading volume of up to $15.7 billion in the past 24 hours alone.
SEC Delays Decision on Ethereum Spot ETF Options to November
The U.S. Securities and Exchange Commission (SEC) has extended its review period for approving options trading for an Ethereum spot ETF, according to a filing published on September 24.

Bitcoin (BTC) is gearing up for its second-largest monthly options expiration in 2024, with a total value of $8.1 billion. The question is: will this be enough to fuel a strong rally to $70,000, or will bearish forces prevail?
Risk assets, including Bitcoin, are in favor in the current macroeconomic environment, and the September 27 options expiration will be a key event. Neutral to bullish options traders could take advantage of the opportunity if BTC holds above $63,000. However, bears have enough momentum to push BTC below $60,000. Therefore, it is important to analyze the position of the options market and the potential impact of the monthly expiration.

Restaking protocol EigenLayer is preparing to lift transfer restrictions on the EIGEN token on September 30.
With the upcoming token transfer activation, investors will soon be able to trade and transfer their EIGEN tokens, including airdrop rewards. The project has clarified that staked token holders need to adhere to a 7-day withdrawal period to unstake EIGEN.

Telegram, long known for its strict privacy and anti-censorship stance, has now reversed course and will now provide users' IP addresses and phone numbers to authorities when legally required.
CEO Pavel Durov announced the change in the platform's terms and conditions. The move marks a major shift for the messaging app, which has been criticized by regulators for failing to respond to requests for user information, particularly during criminal investigations.

Bitcoin started the final week of September at a one-month high as the weekly close set the scene for a bullish market.
Bitcoin surged to $64,700 after closing the week, with analysts highlighting $65,000 as the next resistance barrier to overcome.
Weekly RSI signals show continued bullish momentum – which could be considered a solid chart setup for a Bitcoin rally.

Bitcoin miners in China still maintain a large amount of control over the global network, despite the country's cryptocurrency ban.
According to Ki Young Ju, founder and CEO of CryptoQuant, more than 55% of the Bitcoin mining network is still managed by Chinese mining pools.
However, this dominance is gradually shifting to US mining companies. In a post on X on September 23, Ju said:

Layer 1 blockchain network Sui Network is seeing a surge in demand in the DeFi ecosystem. This is reflected in the significant growth in total value locked (TVL), reaching over $900 million and holding the 8th position among blockchain networks. This data represents an increase in network activity, indicating the growing adoption of Sui.
SUI price growth is strong

BTC price has dropped slightly to $63,900, but is expected to make an explosive move by the end of 2024.
In a post on X on September 21, the Titan of Crypto investor and analyst predicted a “mid-range” 35% rally for the BTC/USD pair.
Analyst Counts Down to Bitcoin Boom by Year-End
Bitcoin is currently holding the $62,000 price level at its weekly close, after recovering significantly from the $10,000 support level in September.

US Vice President Kamala Harris has pledged to promote the development of cryptocurrencies if she wins the presidential election, marking the first time she has publicly mentioned the sector during the campaign.
Speaking to donors at a high-profile fundraiser in New York City on Sunday (September 22), Harris laid out her economic agenda, emphasizing innovation and job creation through emerging technologies, Bloomberg reports.

Bank of Canada Governor Tiff Macklem recently warned that investment in artificial intelligence (AI) could lead to increased inflationary pressures in the short term and pose financial stability issues. He noted that AI could affect how businesses set prices, with companies that are more digital adjusting prices more frequently than those that are less digital.
“A key part of the central bank’s mandate is to monitor the impact of AI on inflation, both from the aggregate demand and supply side, as well as its direct pricing behavior,” Macklem said, noting that in the short term, AI could boost demand more than supply through faster productivity growth, leading to inflationary pressures.