Market
These Altcoins Can Hit New All-Time Highs in September 2024

Many altcoins have struggled to maintain a bullish outlook for much of this cycle, resulting in only a few reaching new all-time highs (ATH).
However, as the third quarter of the year enters its final month, some altcoins are beginning to show signs of potentially surpassing their previous peaks. This analysis highlights the top four altcoins with the potential to achieve new ATHs and the reasoning behind this optimistic outlook.
Kaspa (KAS)
Kaspa (KAS), a cryptocurrency operating on the Proof-of-Work (PoW) consensus mechanism like Bitcoin (BTC), leads the list of altcoins with potential for new all-time highs. Currently trading at $0.16, KAS has been setting new ATHs since June, up until August 1.
Looking ahead to September, BeInCrypto anticipates that KAS will maintain its upward momentum, potentially surpassing $0.20. On the daily chart, KAS has been oscillating between $0.15 and $0.17 for the past 22 days, indicating that the $0.15 level has become a crucial support point for the cryptocurrency.
Additionally, the Money Flow Index (MFI) for KAS is currently at 24.38, indicating an oversold condition. The MFI measures the flow of liquidity in and out of an asset and helps determine whether a cryptocurrency is overbought or oversold. A reading of 80.00 or above suggests an overbought condition, while a reading of 20.00 or below indicates an oversold state, potentially signaling a buying opportunity.

KAS is approaching the oversold level, which suggests that a significant bounce could be on the horizon. Historical data shows that whenever KAS reaches an MFI reading similar to the current level, it often climbs to a new all-time high (ATH).
If this pattern holds, KAS could potentially reach $0.21 or higher in September. However, this prediction could be invalidated if the broader crypto market experiences another downturn, in which case KAS might drop to $0.14.
Binance Coin (BNB)
Ranked as the 4th most valuable cryptocurrency, Binance Coin (BNB) was the first major altcoin from the 2021 bull market to reach a new all-time high in June. In September, BNB could rally to another high, driven by the potential release of former Binance CEO Changpeng Zhao (CZ) from prison.
Currently priced at $540.26, BNB is 24.95% below its all-time high. On the weekly chart, BNB has formed a symmetrical triangle, a pattern that emerges when two trendlines — one sloping downward and the other upward — converge at a point.
A symmetrical triangle can signal either a bullish or bearish outcome, so it’s crucial to consider other indicators. In BNB’s case, BeInCrypto focuses on the 50-day Exponential Moving Average (EMA), which measures the trend direction over a specific period and could provide insight into the coin’s next move.
Read more: What Are Altcoins? A Guide to Alternative Cryptocurrencies

When the price of a cryptocurrency trades above its 50-day Exponential Moving Average (EMA), the trend is bullish; if it trades below, the trend is bearish. Despite BNB’s recent decline, it currently trades above the 50 EMA (blue), which could support the possibility of a new all-time high (ATH).
If buying pressure for BNB increases in September, it might once again outperform other top 10 altcoins and potentially reach a new ATH, possibly around $750. However, this outcome could be jeopardized if CZ’s release is delayed or if market interest in BNB wanes.
Brett (BRETT)
Regarded as “PEPE’s best friend” but built on the Base Layer-2 network, BRETT is part of the altcoins that could hit a new ATH in September. The meme coin currently trades at $0.081 and hit its ATH of $0.19 in June.
On the 4-hour chart, BRETT has formed an ascending triangle, a technical pattern that tends to be bullish. An ascending triangle arises from the convergence of a horizontal trendline and a rising one drawn along swing lows and highs.
As prices fluctuate along these highs and lows, cryptocurrencies often encounter resistance, as BRETT did with its drop from $0.10 to $0.081. However, this reversal might be temporary, suggesting that a significant rally could be imminent, potentially pushing the token toward $0.20.

However, if BRETT does not experience significant accumulation in September, this bullish forecast could be nullified. In that scenario, the price might drop to $0.079.
Mantra (OM)
Mantra’s (OM) position as one of the top Real World Assets (RWA) altcoins is a key reason it makes this list. OM’s all-time high of $1.42 happened on July 22, but it has since dropped 37% from that height.
From a technical standpoint, OM has formed a falling wedge pattern on the daily chart. This pattern is characterized by two descending trendlines that connect the asset’s highs and lows. Typically, traders consider a falling wedge bullish because the narrowing lines suggest that sellers might be losing momentum.
If buyers take advantage of this potential seller exhaustion, a significant rally could ensue. For OM, a breakthrough of the 38.2% Fibonacci level could signal the start of a surge toward a new all-time high. Still, the 61.8% golden ratio at $1.15 might pose resistance to the price.
Read more: How to Invest in Real-World Crypto Assets (RWA)?

If OM breaks past the $1.15 resistance level, its price could potentially surpass $1.42 in September, making it one of the altcoins to hit a new all-time high (ATH). However, the bullish scenario could be invalidated if the token drops below the falling wedge’s lowest point again. If that occurs, the price might tumble to $0.62.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Vitalik Buterin Promotes Ethereum Layer 2 Roadmap

Ethereum co-founder Vitalik Buterin has introduced a new roadmap aimed at strengthening the security and finality of Layer 2 (L2) solutions.
His proposal introduces a flexible, multi-proof system designed to support Ethereum’s scalability while preserving its core principles of decentralization and trust minimization.
Ethereum’s New Layer 2 Roadmap
At the heart of Buterin’s technical framework is a “2-of-3” model. This system uses three different proof types—optimistic, zero-knowledge (ZK), and trusted execution environment (TEE) provers.
A transaction is finalized when any two of these agree, significantly reducing the risk tied to relying on a single-proof method. The model offers a pragmatic balance between speed, robustness, and decentralization.
Buterin emphasized the importance of diversification, especially as zero-knowledge systems mature. He warned that shared code among ZK rollups could cause bugs to propagate across implementations, raising systemic risk.
“This means that the finality of rollups can be as fast as zk proving (~<1hr for now) while protecting the system from soundness bugs in the zk system,” Wei Dai, a research partner at 1kxnetwork, explained.
Meanwhile, Buterin’s roadmap also lays out the requirements for what he calls “Stage 2 rollups.” These next-generation rollups would deliver near-instant confirmations, high finality, and strong resistance to failures—even in semi-trusted environments.
Importantly, they would still adhere to Ethereum’s 30-day upgrade delay, a rule that safeguards the network’s stability during transitions.
Buterin Makes Case for Open-Source Funding
Beyond scalability, Buterin is also advocating a cultural shift in how the crypto community approaches development funding.
In a separate blog post, he suggested shifting the focus from “public goods funding” to “open-source funding.”
His concern is that the phrase “public goods” has become politically and socially loaded, often used in ways that prioritize perception over impact.
“A big part of the reason why the term ‘public good’ is vulnerable to social gaming is precisely the fact that the definition of ‘public good’ is stretched so easily,” Buterin argued
He noted that public goods funding is vulnerable to social desirability bias. This often favors those who can navigate community politics over those who deliver meaningful value.
In contrast, open-source funding emphasizes transparency, collaboration, and the building of tools that genuinely benefit the broader ecosystem.
Buterin believes that the goal should not be to fund any open-source project indiscriminately but to support those that create maximum value for humanity.
This stance aligns with his broader vision of a sustainable, community-driven blockchain infrastructure.
Together, Buterin’s proposals could redefine both the technical direction of Ethereum’s scalability efforts and the philosophical foundations of its funding strategies—reinforcing the network’s long-term commitment to decentralization, security, and public benefit.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
US Senators Question Trump’s Involvement in USD1 Stablecoin

A coalition of US Senators is raising serious concerns about a potential conflict of interest involving President Donald Trump and an upcoming stablecoin project called USD1.
The digital asset, backed by World Liberty Financial (WLF), has drawn scrutiny due to Trump’s reported ties to the company behind it.
Warren-Led Group Flags Risks of Presidential Involvement in USD1 Approval
On March 28, a group of lawmakers led by Senator Elizabeth Warren sent a letter to the Federal Reserve and the Office of the Comptroller of the Currency (OCC).
They asked both agencies to clarify how they plan to uphold regulatory integrity regarding the impending USD1 stablecoin.
The request comes as Congress considers the GENIUS Act, a bill that would grant the Fed and OCC broad authority over stablecoin regulation.
“The President of the United States could sign legislation that would facilitate his own product launch and then retain authority to regulate his own financial company,” they noted.
The Senators warned that allowing a sitting president to profit from a digital currency regulated by federal agencies under his influence poses a major threat to financial stability. They argue that such a situation is without precedent and could erode public trust in the regulatory process.
“The launch of a stablecoin directly tied to a sitting President who stands to benefit financially from the stablecoin’s success presents unprecedented risks to our financial system,” They argued.
The letter outlines scenarios where Trump could directly or indirectly influence decisions involving USD1.
For instance, the President could interfere with the OCC’s evaluation of the stablecoin’s application or discourage enforcement actions against WLF.
They also suggested that Trump could pressure the Federal Reserve to provide emergency financial support for USD1 during market volatility—support that may not extend to competing stablecoins.
“[Trump] could also attempt to direct the Fed to establish a master account at the central bank for WLF. He could intervene to deny such assistance to USD1’s competitors,” the lawmakers stressed.
In addition, the Senators noted that the GENIUS Act contains no conflict-of-interest provisions that would prevent Trump from using his office to benefit financially from the stablecoin’s success.
This absence of guardrails, they say, opens the door to regulatory favoritism and economic manipulation.
Considering this, the lawmakers demanded clarification on how the Fed and OCC would handle key issues. These include the approval process for USD1, the potential creation of liquidity support during crises, and WLF’s oversight of potentially unsafe business practices.
The agencies must submit their responses by April 11, 2025. The letter was signed by Senators Elizabeth Warren, Ron Wyden, Chris Van Hollen, Jack Reed, and Cory Booker.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Market
Ethereum Drops As Two Whales Face $235 Million Liquidation Risk

Ethereum (ETH) is under pressure once again, dropping around 3% in the last 24 hours and falling below the $1,800 level. This decline is putting several large leveraged positions at risk, including two massive whale vaults on Maker that collectively hold over $235 million worth of ETH.
With on-chain indicators flashing warning signs and technical levels being tested, the stakes are rising for both bulls and bears. As ETH hovers near critical support, the coming days could prove pivotal for its short-term price trajectory.
Ethereum Whales Could Get Liquidated
Ethereum has dropped around 3% in the past 24 hours, slipping below the $1,900 mark once again. This decline is putting pressure on large leveraged positions within the DeFi ecosystem.
According to on-chain data from Lookonchain, two major whale vaults on Maker—one of the leading decentralized lending protocols—are now approaching critical levels.

Together, these vaults hold 125,603 ETH, valued at approximately $235 million. With ETH’s price nearing their liquidation thresholds, both vaults are at risk of being forcibly closed if the downward trend continues.
In Maker’s system, users can deposit ETH into vaults as collateral to borrow the DAI stablecoin. To avoid liquidation, the collateral must stay above a certain health ratio—essentially a safety buffer.

When that buffer gets too low, the protocol automatically sells off the collateral to cover the debt. In this case, the health ratio of the whale positions has fallen to just 1.07, dangerously close to the minimum threshold.
One vault faces liquidation at an ETH price of $1,805, and the other at $1,787. If ETH continues to dip, these vaults could trigger significant sell pressure, potentially accelerating the downward move.
Indicators Suggest The Downtrend Could Continue
Ethereum’s recent price drop has pushed its Relative Strength Index (RSI) back into oversold territory, currently sitting at 24.37. Just three days ago, the RSI was at 58.92, indicating how quickly sentiment has shifted.
The RSI is a momentum indicator that measures the speed and change of price movements, with readings below 30 typically signaling that an asset is oversold.

While this suggests that Ethereum may be due for a short-term bounce or relief rally, historical data shows that RSI can remain oversold for extended periods—or even drop further—if bearish momentum stays strong.
Ethereum’s Directional Movement Index (DMI), which signals a strong downtrend, adds to the bearish outlook. The Average Directional Index (ADX), which measures the strength of a trend, surged to 38.6 from 23.47 just a day ago, indicating growing momentum behind the current move.

Meanwhile, the +DI (positive directional indicator) has fallen to 10.6, while the -DI (negative directional indicator) has spiked to 40.23, showing that sellers are firmly in control.
This combination—rising ADX, high -DI, and falling +DI—typically suggests an intensifying bearish trend, meaning Ethereum’s price could remain under pressure in the near term despite already being technically oversold.
Will Ethereum Fall Below $1,800 Soon?
If Ethereum’s downtrend continues, the next key level to watch is the support at $1,823. A break below this level could quickly push the price down toward $1,759—a move that would trigger the liquidation of two major whale vaults on Maker, which are already hovering near their thresholds.
These potential liquidations could amplify sell pressure, making it even harder for Ethereum price to stabilize in the short term. Given the current bearish momentum and weak technical indicators, this scenario remains a real risk if bulls fail to step in.

However, if sentiment shifts and the trend reverses, Ethereum could regain ground and test the resistance level at $1,938.
Breaking above that could open the path toward $2,104, a level that has previously acted as both resistance and support. Should buying momentum strengthen further, ETH might continue climbing toward $2,320 and potentially even $2,546.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
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