4 Cryptos That Could Hit New All-Time Highs in September

August was a bearish month for the cryptocurrency market. This was noticeable in the case of both Bitcoin (BTC) and various altcoins, which have experienced significant decreases since their yearly highs in July.

Timeline of Bitcoin-cash, Bitcoin, Cyberconnect, Shiba-inu, Toncoin

Jay Clayton, the former Chair of the US Securities and Exchange Commission (SEC), has shared his optimism about the eventual approval of Bitcoin (BTC) spot Exchange-Traded Funds (ETFs) by the

CyberConnect acknowledges a recent proposal error that triggered market panic and assures the community of its commitment to rectifying the situation. The platform introduces the CP-1 CYBER and aims to improve CYBER token flow across networks.

“Bitcoin (CRYPTO: BTC) is solving some environmental problems,” declares Cathie Wood, the influential force behind ARK Invest, during her recent appearance on the Raz Report with Jason Raznik, Benzinga's CEO. The podcast, celebrated for its deep dives with industry frontrunners, explored the pioneering ways Bitcoin is addressing environmental concerns.

CyberConnect has retracted a proposal aiming to optimize CYBER liquidity across Ethereum, Optimism, and BNB Chain, citing rumors of CYBER token manipulation and market control. The revised proposal will focus on a bridge for free CYBER movement, undergoing a multi-day voting period and security audit.

The SEC's decision to delay its decision on all pending ETF applications before it has caused Bitcoin's price to drop to its lowest level since June, as many now doubt that the agency will give its approval.

Cryptocurrency $BTC is historically known to have followed certain trading patterns around key events like the Bitcoin Halving. However, the cryptocurrency is currently at a strong support zone around six months before the Halving, which is set for the second quarter of 2024.

The cryptocurrency market is showing weariness, as indicated by the dwindling open interest in Bitcoin's perpetual futures contracts. On Binance, the world's largest cryptocurrency exchange by trading volume, open interest dipped to a 5-month low of $2,796,429,005.85, per a recent Glassnode report.

U.S. Securities and Exchange Commission's former chairman Jay Clayton has explained why he believes the approval of a spot bitcoin exchange-traded fund (ETF) is inevitable. “It is clear that bitcoin is something that retail investors want access to, institutional investors want access to,” he stressed.

A web3 decentralized social network altcoin printed a new all-time high on Friday, defying the ongoing crypto market doldrums. CyberConnect (CYBER) aims to enable developers to create social apps where users own their digital identities and data. The project's native asset, CYBER, ripped to a new all-time high of $15.36 at one point on Friday.

A recent roundtable at Bitcoin Miami 2023 questioned if bitcoin is as slow and as inefficient as many analysts claim it is. Panelists also found themselves wondering what the role of crypto company Strike was when it came to the future of BTC.