A rumor has been circulating online claiming that the Texas Senate passed an “XRP Reserve Bill” that would require the state to purchase up to $100 million worth of XRP each year. This claim is false. What Really Happened On September 27, the Texas Senate approved Senate Bill 21, which creates the Texas Strategic Bitcoin …
LINK price has remained under pressure through September, slipping into a bear market and briefly touching its lowest point since August. Yet, the signs of a turnaround are emerging. With a cup-and-handle pattern forming, LINK’s strategic reserves expanding, and even the institutional momentum is firmly building, LINK crypto could be preparing for a pivotal rebound. …
Tether has received 8,888.88 BTC from a Bitfinex hot wallet into an address labeled as its bitcoin reserve address, according to Arkham data.
Bitcoin has cooled off after its explosive run past $114,000, with the latest pullback hinting at profit-taking and a temporary pause in buying pressure. Market participants appear cautious as liquidity thins out, leaving price action vulnerable to short-term swings. For the week ahead, a bullish scenario could drive BTC price toward the $118,500–$120,000 range, while …
The crypto industry is facing increasing threats as hackers and scammers continue to target digital assets. Despite improvements in security measures, vulnerabilities remain, which leaves platforms and users at risk. September 2025 turned out to be one of the most damaging months this year. Here’s how. 14 Major Crypto Incidents in September Crypto security firm …
Bitcoin is once again trading at a critical juncture after a sharp Monday rally pushed the price above the $114,000 level. The surge comes as bulls attempt to counteract days of persistent selling pressure, with momentum beginning to tilt back in their favor. This move marks a potential turning point in the market, signaling that investors are testing whether Bitcoin can hold above this key threshold and establish it as a new base for higher gains. Related Reading: Bitcoin Retail Demand Retreats: 30D Change Falls To Lowest Level Since July Supporting this view, fresh on-chain data from CryptoQuant highlights a notable development in short-term holder behavior. The Short-Term Holder Spent Output Profit Ratio (STH SOPR) has reset to 1, a crucial equilibrium level. At this point, the average sale by short-term holders is occurring at their cost basis, suggesting neither widespread profit-taking nor capitulation. Instead, the market is balanced, with buyers and sellers meeting in a zone of neutrality. This equilibrium often precedes decisive market moves. A sustained push higher could validate the bulls’ efforts to regain control, while failure to hold above $114,000 risks opening the door to renewed downward pressure. Traders and analysts alike are watching closely, as Bitcoin’s next move could define the tone for the weeks ahead. SOPR Signals Market Equilibrium Top analyst Axel Adler highlighted the importance of the Short-Term Holder Spent Output Profit Ratio (STH SOPR) in assessing Bitcoin’s current market state. According to Adler, when this metric hovers around 1, momentum tends to slow because of the delicate balance between buyers and sellers. Any push above the 1 threshold quickly shifts yesterday’s breakeven holders into profitable territory. As a result, many short-term investors seize the opportunity to sell, which injects additional selling pressure into the market and dampens the strength of upward moves. Adler explained that this dynamic often creates a self-limiting environment for rallies. As Bitcoin rises, more short-term holders lock in gains, fueling waves of profit-taking that prevent the price from sustaining higher levels. This cyclical pattern highlights why the 1.0 mark on SOPR is often referred to as an “equilibrium” zone: it represents the point where the market resets, and short-term participants face little incentive to either capitulate or aggressively accumulate. For the broader trend to truly accelerate, Adler emphasized the need for a decisive breakout above this equilibrium. Specifically, he noted that a consistent rise in SOPR above 1.002 for several consecutive days would signal a shift in sentiment. Such a development would indicate that sellers are no longer overwhelming the market with profit-taking, allowing buying momentum to build and sustain higher price levels. Until then, Bitcoin remains at risk of choppy, range-bound action, with rallies vulnerable to short-term selling pressure. This perspective underscores the importance of closely tracking SOPR in the coming sessions. While the recent move above $114,000 has revived bullish hopes, the data suggests that without a clear breakout in this critical metric, Bitcoin may struggle to generate lasting momentum. Related Reading: Ethereum Outflows Hit Spot Exchanges Again: Bullish Signal Or Neutral Flows? Bitcoin Tests Resistance as Bulls Eye $117,500 Bitcoin is currently trading around $113,400 after briefly climbing above $114,800 earlier in the session. The chart shows that the $117,500 level, marked in yellow, remains a critical resistance zone that has capped multiple rallies since mid-August. Bulls will need a decisive close above this area to confirm renewed upside momentum. The 50-day moving average (blue) is now acting as near-term resistance, while the 100-day moving average (green) is serving as support. The price recently bounced from this zone, suggesting buyers are attempting to re-establish control. However, the wider structure still reflects consolidation, with BTC trapped between the $110,000 support region and the $117,500 ceiling. Related Reading: Ethereum OI Suffers Its Biggest Cleanup Since Early 2024 – Details The 200-day moving average (red), currently trending around $102,500, remains far below spot price and continues to provide a strong base for the longer-term trend. Until BTC clears the $117,500 barrier, rallies risk fading into selling pressure, keeping price action choppy. Featured image from Dall-E, chart from TradingView
Republic will tokenize equity in Hong Kong-based Web3 giant Animoca Brands on Solana, opening global investor access to the private company’s shares.
The bank's analysts said the GENIUS Act has fueled a 42% jump in stablecoin growth this year, with Circle’s USDC chipping away at Tether’s dominance.
BlackRock has confirmed that its Canadian arm has granted securities lending for the iShares Bitcoin ETF from Aug. 25 after providing investors with the required 60-day notice. The move follows disclosure in the June 26 prospectus, which outlined how the fund may engage in lending transactions in accordance with Canadian securities laws. The decision aligns […]
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Strategy has slowed down its Bitcoin acquisition strategy with smaller buys this month, while the number of crypto millionaires grows closer to a quarter million.
Wall Street's ETFs are domesticating Bitcoin into a fee machine, stripping away peer-to-peer ethos while concentrating power in custodial chokepoints.
CoreWeave secures $14.2 billion dollar Meta contract, draws bullish analyst coverage, and awaits Core Scientific merger vote.
The crypto firm behind the largest stablecoin has been accumulating bitcoin alongside gold over the past few years.
XRP bulls were rejected at $2.95, but steady buying by large investors suggested confidence in reaching $4 in the weeks ahead.
The collaboration targets Circle’s euro-pegged EURC and USDC stablecoins, with an initial focus on trading on Deutsche Börse’s 3DX.
Bitcoin is entering a critical 48-hour window that may shape the rest of 2025. On September 30, the cryptocurrency will confirm both its monthly and quarterly closes, a rare dual close that has often marked major shifts in the past. According to an analyst, this comes after Bitcoin dipped into the $109,000 to $110,000 range, …
The XRP Ledger (XRPL) is set to become a cornerstone of Japan’s emerging blockchain ecosystem, following a new strategic partnership announced September 30, 2025, between SBI Ripple Asia and Tobu Top Tours, a major Japanese travel agency. The partnership aims to build a payment platform that not only uses digital tokens but also connects them …
NEAR Protocol (NEAR) fell 3.8% and Avalanche (AVAX) dropped 3.5%, leading the index lower from Monday.
SOL price is at a crucial inflection point as ETF speculation builds ahead of October deadlines. With institutional products already showing momentum and ecosystem upgrades underway, investors are closely watching Solana crypto as it defends key support levels and prepares for a potential rally. ETF Momentum Builds Case for SOL Upside The ETF-related optimism is …
The messaging network is adding blockchain to its infrastructure with Consensys' help, prompting speculation that it could build on Ethereum.
ZkVerify, a dedicated L1 blockchain for zero-knowledge proof verification, launches to remove the economic and technical barriers to ZK adoption.
The TON blockchain is powering a global onchain vote to send six civilians into space, five from underrepresented countries, and one from the general public.
New gateway gives nearly 15,000 decentralized apps access to native BTC liquidity via wBTC.OFT.
The Real-World AI Foundry aims to challenge centralized AI by rewarding users for contributing live data to intelligent systems built on blockchain.
The firm has opportunities in three areas: crypto infrastructure, stablecoin payments and its bitcoin treasury strategy.
The license win will allow IG to expand its crypto services and cement its position as a multi-asset trading platform.
Balchunas' comments follow a slew of recent 19b-4 withdrawals for Solana, XRP, Cardano, Litecoin, Dogecoin, Polkadot, and Hedera ETFs.
AsiaStrategy appointed Anchorage Digital for custody and settlement of its Bitcoin treasury operations and bought 30 BTC on Sept. 30. Per AsiaStrategy, the mandate covers cross-border workflows in the United States and Asia, with Anchorage Digital serving as primary custodian and infrastructure provider for treasury execution and settlement across the corridor. According to Anchorage Digital, […]
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ASTER eyes a 35% rebound from key support, with a breakout setup that could send the token back toward record highs in October.
An early whale who bought 5.07 million HYPE tokens nine months ago at $16.23 per token recently sold 4.99 million at an average price of $45.82, making about $228.76 million in sales. This move realized a profit of approximately $148.63 million. After the sale, the whale now holds only 77,089 HYPE tokens, valued around $3.37 …