Crypto News Today LIVE : Bitcoin Price Today, XRP News, Ethereum Price and Crypto Regulation News

Ethereum has broken out of its descending wedge and is moving to retest its previous high near $4,955. The next price targets are $5,766 at a 50% retracement of the ETH/BTC ratio, followed by $6,658 at the 61.8% Fibonacci level. A full retrace could push ETH toward $9,547, signaling strong bullish momentum ahead if the breakout holds.

Bitcoin has broken out of its recent downtrend, with the RSI also confirming strength. Analysts suggest BTC may climb slowly toward $114K–$115K in the coming weeks. While September is usually a bearish month for Bitcoin, a repeat of 2024 could see it closing in the green. A new all-time high isn’t expected this month, but the breakout signals growing momentum for the world’s largest cryptocurrency.

Ukraine’s parliament has passed the first reading of a bill to legalize and tax cryptocurrencies. The draft proposes an 18% income tax and a 5% military tax on digital asset gains. While this is a major step toward regulation, officials expect revisions before the second reading. The move signals Ukraine’s intent to bring crypto under formal tax laws while balancing revenue generation and wartime needs.

Cardano’s usually bullish crowd has flipped bearish, marking the lowest sentiment in five months. Surprisingly, ADA’s price is up 5% despite the negativity. Analysts suggest that when retail traders sell out of frustration, patient holders and whales often step in to accumulate. If bearish sentiment continues, it could fuel further gains as major stakeholders quietly drive the price higher while smaller traders exit.