MetaMask Launches Native Stablecoin mUSD, Ethereum Price Stabilizes at $4,495

MetaMask Launches Native Stablecoin mUSD, Ethereum Price Stabilizes at $4,495
MetaMask Launches Native Stablecoin mUSD, Ethereum Price Stabilizes at $4,495

Main notes

  • Metamask Native Stablecoin Musd launched global publishing through the Metamask Card at more than 150 million merchant sites all over the world.
  • BitMine expanded the property to 2.15 million ETH at a value of $ 9.74 billion after buying 82,233 additional symbols recently.
  • Technical analysis shows support at $ 4,399 with resistance at $ 4584 before the Federal Reserve price decision on September 17.

Metamask, the largest portfolio of a wallet in Ethereum, officially launched Stableco Metamask USD (MUSD) on Monday, September 15th, providing an upward momentum that helped Ethereum price stabilize approximately $ 4,495 despite its decrease 3 %.

The new symbol offers strong liquidity incentives on Linea, low -cost Onramps within Metamask, and direct integration through swap and bridge functions. It is important, $ Musd will also be published in the world through the Metamask Card, available with more than 150 million merchants.

The launch is compatible with Ethereum with the intense Stablecoin adoption race that has attracted American companies’ entities since President Trump signed the law of genius in the law. By launching the original Musd, Metamask allows investors to keep more money within the ETHEREUM ecosystem, eliminating the need to rotate to Stablecoins on competing networks.

In addition to the expected value of the series of Metamask Card Transactions, development can also enhance ethereum prices, especially during the turbulent market stages when merchants revolve towards Stablecoins while flying to safety.

Institutional flows strengthened flexible feelings more within the narration of the ethereum ecological system. On September 15, Dottee recycled community comments It revealed that it had increased its shares to 2.15 million ETH, at a value of $ 9.74 billion, after adding 82,233 ETH in new purchases.

In addition to the $ 569 million monetary treasury reserve, the value of Crypto Crypto (NAV) has now reached $ 10.31 billion, focusing on the long -term condemnation of the ETHEREUM company despite the overall opposite wind.

ETHEREUM price expectations: Is bulls aimed at $ 5,000?

Despite the decrease during the day, ethereum

Eth
4 $ 523



24 hours fluctuation:
2.1 %


The maximum market:
$ 545.97 b



Folder. 24h:
$ 35.49 b

Technical preparation points towards monotheism instead of surrender. The latest Eth Coinglass derivatives data It indicates that the 3 % decrease in the price of the category came against the backdrop of $ 98 million in long ETH licenses during the past 24 hours, compared to $ 20 million in short centers.

This declining imbalance, which generates, confirms that ETHEREUM losses inside the day have been exacerbated by excessive bull dealers who flared up through inflation data in the United States of America.

Ethereum market analysis | Source: Coinglass

However, other trading data indicates that the prospects of the ETH price is still sound. ETH futures trading volume increased by 63.39 % to 90.65 billion dollars, while the open interest increased by 0.17 % to 63.98 billion dollars.

Such high derivative activity often reflects the immediate low price that the majority of bull dealers who have recently lost liquidity are re -placed for near -term movements after nearly $ 100 million of losses in the past 24 hours.

ETHEREUM (ETH) Technical Price Analysis Source: TradingView

ETHEREUM (ETH) Technical Price Analysis Source: TradingView

Technical indicators support this novel, with Zhandi Kroll stopped confirming a short -term support group near $ 4,399 and immediate resistance near $ 4584. A constant closure is needed over $ 4,585 to reaffirm the upholstery domination.

Moreover, the CCI index (CCI) is still at 78.53, slightly elevated but still less than peak thresholds. These neutral momentum signals may be attractive to strategic expatriates looking to enter speculative purchases at the last minute before the next Federal Reserve decision scheduled for September 17.

A break less than $ 4,398 can lead to a decrease in the price of ETHEREUM about $ 4200.

Best pre -wallet portfolio gains combined with Ethereum narration

The positive internal stimuli surrounding the echerum system before the US Federal Reserve Decision also pays the demand for multi -black storage projects such as Best Wallet. The best portfolio in recent weeks is offered in recent weeks.

The best prior portfolio.

The best prior portfolio

At the time of the press, Pressale Best Wallet has already raised more than $ 15.8 million, and is fueled by flows from investors who revolve from the upper recession to projects that provide higher capabilities.

Potential participants can still visit the best portfolio to join the best pre -pre -pre -pre -pre -increasing the price from the current $ 0.0256 per code.

the next

Slip: Coinspeaker is committed to providing unbiased and transparent reports. This article aims to provide accurate and timely information, but it should not be considered financial or investment advice. Since market conditions can change quickly, we encourage you to check your information and consult with a professional before making any decisions based on this content.

Current currency news, ethereum news, news

Abraham class

Ibrahim Ajibad is an experienced research analyst and has a background in supporting the various startups and financial organizations in Web3. He obtained his university degree in the economy while he is currently studying for a master’s degree in Blockchain and distributing a professor’s notebook techniques at Malta University.

Irahiah ajibade on connection.


The post MetaMask Launches Native Stablecoin mUSD, Ethereum Price Stabilizes at $4,495 first appeared on Investorempires.com.