
Analyst Flags Ethereum Breakout Setup With $15K Target
The analyst places $3,270 and $4,892 ahead of a longer path toward $10,000 and $15,000 in his bullish ETH roadmap
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The analyst places $3,270 and $4,892 ahead of a longer path toward $10,000 and $15,000 in his bullish ETH roadmap

The UK's largest listed Bitcoin treasury holder, The Smarter Web Company (LON: SWC), announced plans this Friday to launch a new class of preferred shares, the first of its kind by a British corporate Bitcoin holder, on the main London Stock Exchange. The preferred share, “MORE,” will be listed with a nominal value of £0.

A proposed XRP Ledger upgrade could shift XRP demand from individual users to businesses rather than eliminate it.

Bitcoin recovered toward the $79,000 level on Friday following the release of US August inflation figures that aligned with market consensus, providing temporary relief to investors after several days of heightened volatility.

Ether pulled away from bitcoin this week, posting a stronger 24-hour gain even as BTC slipped back under $77,000. The divergence narrowed the ETH/BTC ratio's recent slide and reflects a pattern that has shown up periodically through 2026: when broad crypto sentiment turns cautious around a macro catalyst, ether has at times held up better than bitcoin rather than falling in lockstep with it. That is a reversal of the more typical relationship, where ETH tends to amplify bitcoin's moves in both directions rather than counter them. CoinGecko shows the gap opening through the session.

Bitcoin ETFs recorded $282.6 million in net outflows on Thursday, the largest daily figure in nearly two months. ARK 21Shares led the outflows with around $164 million, followed by Grayscale with $36 million and Fidelity with $33.6 million. Over three consecutive days of selling, the week's cumulative net outflows reached $449 million.

Ethereum (CRYPTO: ETH) on Friday tapped $2,600 for the first time in seven months after core CPI hit its lowest level in over five years. What Drove the Move Widely-followed market commentator Bull Theory posted on X that $127 billion flooded back into the total crypto market cap in just 90 minutes after the CPI release, with Bitcoin surging above $79,000 alongside Ethereum's breakout.

Ethereum surges above $2,600 as a flag breakout and improving MVRV signal put the $3,000 target in focus.

The CPI data suggests prolonged monetary tightening, potentially hindering Bitcoin's growth amid increased investor caution. CoinShares says latest CPI print offers no support for Bitcoin.

Bitcoin Suisse's restructuring highlights a strategic shift towards global expansion and institutional focus, reflecting broader industry trends. Bitcoin Suisse to cut up to 50% of Swiss staff in major restructuring push.
Bitcoin (CRYPTO: BTC) hit $79,000 on surprisingly hot inflation data Friday, yet remains roughly 38% below its October 2025 record of $126,198. And yet, Bitwise's Ryan Rasmussen expects the cryptocurrency to break its four-year cycle and reach a new high in 2026.

A recurring criticism of XRP, that it ranks far behind other blockchains on public tokenization league tables, misses what the token is actually built to do, according to commentary from Apex Crypto and a co-host discussing the topic on a recent podcast.

BWOW will stop trading October 14, with cash payments to remaining shareholders expected October 22.

US consumer prices increased faster in August, giving the Federal Reserve another reason to be cautious about lowering interest rates and leaving Bitcoin investors exposed to a prolonged period of expensive borrowing. The Consumer Price Index (CPI) rose 0.4% from July, when it increased 0.1%, while the annual inflation rate held at 3.4%.

Bitcoin briefly rebounded past $79,000 and US stocks turned green as US CPI inflation data met expectations.