Flare has been on an impressive run, breaking through critical resistance levels while attracting both retail and institutional attention. Over the past week, the token has surged more than 10%, far outrunning the broader crypto market’s decline. With its market cap at $1.93 billion and daily volume soaring 307% to $53.4 million, FLR is firmly …
Analysts say the price decline is a sign of investor accumulation through self-custody or yield staking instead of market panic.
A few days ago, Sign Protocol, an Ethereum-based digital verification platform, announced a collaboration with Pi Network during a community meetup in Seoul on Monday. The partnership aims to reshape digital identity and value exchange.. Pi Network and Sign Protocol Alliance After the announcement, users asked why Pi would partner with Sign. Crypto expert Dr. …
Crypto markets have recently faced renewed challenges, despite a brief resurgence following the US Federal Reserve’s (Fed) rate cut that initially propelled Bitcoin (BTC) back toward the $120,000 mark. This week, however, Bitcoin has dropped to the lower end of its established consolidation range, fluctuating between $110,000 and $115,000. Analysts from The Bull Theory have pinpointed several factors contributing to this downturn. How Fed Policies And QT Are Impacting Crypto One of the primary reasons for the current situation is the ongoing capital flow favoring traditional assets. In the wake of rate cuts, institutional investors tend to channel their funds into stocks and gold first, as these are considered high-liquidity assets with a proven track record. In contrast, cryptocurrencies, particularly altcoins, often find themselves at the end of the liquidity pipeline. They typically see price increases only when risk appetite broadens significantly among investors. Related Reading: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans Additionally, liquidity remains tight in the crypto space, despite the Fed’s recent actions. While the central bank cut rates in September, other variables are restricting the flow of capital into cryptocurrencies. Quantitative tightening (QT) is still being implemented, with the Fed actively reducing its balance sheet. Moreover, the US Treasury is absorbing liquidity through the replenishment of the Treasury General Account (TGA), and money market funds are currently holding over $7.7 trillion in cash that remains largely idle. This lack of liquidity means that any spillover effect into the crypto market will be limited, resulting in a slower rotation of capital into digital assets. Cyclical Trends Suggest Potential Rebound The macroeconomic patterns observed in September 2024 are also reemerging. Last year, following a rate cut, Bitcoin surged past $60,000, while Ethereum (ETH) and other altcoins enjoyed significant gains. However, this was followed by a sharp decline, with Bitcoin dropping 11% and Ethereum experiencing an even steeper fall. In a similar vein, this September has seen Bitcoin hover around $112,000 after briefly touching $118,000, while Ethereum has slipped from $4,600 to approximately $4.1,00. This cyclical pattern suggests that crypto may be primed for a rebound, but only after a period of consolidation and confirmation. Moreover, the impending expiry of options contracts for Bitcoin and Ethereum is adding another layer of volatility to the market. Stablecoin Movement And Institutional Inflows Another factor impacting the market is the supply and velocity of stablecoins. While the total supply of stablecoins has surged from $204 billion in January to $308 billion in September—an all-time high—the velocity of these assets is not keeping pace. The analysts have identified that much of this capital remains inactive, either sitting idle, bridged, or utilized off-exchange. Until stablecoin velocity increases, the price impact on cryptocurrencies is likely to remain subdued. Related Reading: Ex-Binance CEO CZ Criticizes FT Report On YZi Labs, Calls It A ‘Negative Narrative’ Looking ahead, historical trends suggest that although crypto may be lagging in the short term, they often follow traditional assets with significant gains once the market stabilizes. In the aftermath of all-time highs in equity markets, Bitcoin has previously averaged a 12% increase within 30 days and a remarkable 35% over 90 days. Notably, following the Nasdaq’s all-time highs, Bitcoin surged by an impressive 46% in the same 90-day timeframe. For crypto markets to regain their momentum, active movement of stablecoins is essential, along with a cooling off of derivatives trading and substantial purchases from institutional investors and exchange-traded funds (ETFs). Featured image from DALL-E, chart from TradingView.com
Ethena’s synthetic dollar protocol draws backing from UAE-based M2 Holdings affiliate
Nine leading European banks, including ING, UniCredit, KBC, and CaixaBank, are collaborating to launch a euro-backed stablecoin that meets the EU’s MiCAR regulations. This innovative digital currency aims to enable fast, secure, and affordable payments across Europe. Targeted for launch in the latter half of 2026, the stablecoin will offer a strong European alternative to …
Naver Financial, the fintech arm of South Korea’s largest portal Naver is set to acquire Upbit, the country’s largest crypto exchange, through a share-swap with operator Dunamu. The move not only gives Naver a direct role in digital asset trading but also gives direct entry into the fast-emerging stablecoin market. Naver To Take Over Upbit …
The crypto market is witnessing a sharp downturn today, leaving traders and investors questioning the sudden sell-off. Bitcoin (BTC) price and major altcoins have slipped after facing heightened selling pressure, with billions wiped out from global market capitalisation in just hours. Analysts point to large-scale liquidations, weak ETF inflows, and rising macroeconomic concerns—such as a …
Ether's price decline was part of a broader market downturn amid concerns of a potential U.S. government shutdown.
The banks involved in the new euro-denominated stablecoin are: ING, Banca Sella, KBC, Danske Bank, DekaBank, UniCredit, SEB, CaixaBank and Raiffeisen Bank International.
Nasdaq-listed Fitell tanked on Wednesday after buying $10 million of Solana as part of a newly announced crypto treasury strategy.
Naver is often called the “Google of South Korea,” and is the top search engine in the country, Upbit Korea is the largest crypto exchange in South Korea.
On-chain data shows the Bitcoin long-term holders locked in a significant amount of gain around the time of the latest price plunge. Bitcoin HODLer Whales Have Shown Profit-Taking Spree Recently As explained by analyst Ali Martinez in a new post on X, long-term holder whales have participated in some profit-taking recently. “Long-term holders” (LTHs) refer to the Bitcoin investors who have been holding onto their coins since more than 155 days ago. Related Reading: Bitcoin Whales Sell 147,000 BTC Since August, Fastest Selloff Of Cycle This cohort is considered to represent the HODLers of the market, who rarely sell even in the face of volatility. That said, there are times when these investors do participate in selloffs, and one such instance seems to have occurred just recently. In the context of the current topic, the everyday LTHs aren’t of focus, but rather the LTH whales, diamond hands who carry more than 1,000 BTC (about $113.7 million) in their balance. Below is the chart shared by Martinez that shows the trend in the Bitcoin Realized Profit for the LTH whales over the last few weeks. The Realized Profit here is naturally an on-chain indicator that measures the total amount of profit that the Bitcoin LTH whales are locking in through their transactions. From the graph, it’s visible that this metric observed a notable spike on September 21st. This was the day BTC started a price drawdown that took it to the $112,000 level. Thus, it would appear possible that the profit-taking from the HODLers may have in part been to blame for the bearish action. In total, LTH whales harvested over $120 million in profits during this distribution spree. Meanwhile, the short-term holders (STHs), representing investors who entered the market during the past five months, participated in loss-taking instead, as CryptoQuant community analyst Maartunn has pointed out in an X post. As displayed in the above chart, Bitcoin STHs sent 15,700 BTC at a loss to exchanges during the price crash. Investors generally use these platforms when they want to sell, so these loss transactions could have been a sign of capitulation from the cohort. The STHs have a relatively short holding time, so they are assumed to include the weak hands of the sector. In that view, the latest capitulation would be on-brand for the group. Related Reading: Bitcoin Dip-Buy Calls Spike: Why This Could Actually Be Bearish Coming back to the LTHs, on-chain analytics firm Glassnode has shared a chart that puts into perspective the total amount of profit that the LTHs as a whole have realized in the current cycle so far. The cumulative Bitcoin LTH Realized Profit sits at 3.4 million BTC for the current bull market, which is higher than all, but one previous cycle. BTC Price Bitcoin has made some recovery during the past day as its price has returned to $113,700. Featured image from Dall-E, Glassnode.com, CryptoQuant.com, chart from TradingView.com
GSR has filed for five crypto ETFs involving staking and bundling tokens, but its headlining bid is a fund that invests in crypto treasury companies.
The SEC has given the green light for the Hashdex Nasdaq Crypto Index US ETF to operate under new generic listing standards. With this approval, the fund can move beyond Bitcoin and Ethereum to include other crypto assets like XRP, Solana, and Stellar. The decision allows investors wider exposure to digital assets through a regulated …
The board's decision follows months of preparation that began in April with LaRose and Treasurer Sprague's initial proposal.
Nansen unveiled an AI agent to simplify onchain crypto trading with natural conversation, aiming to bring more value to Ethereum and EVM networks.
Ethereum co-founder Vitalik Buterin explained how Fusaka’s PeerDAS feature will address Ethereum layer 2 scaling bottlenecks.
Naver Financial, the fintech arm of South Korea’s leading internet giant, has entered a share-swap agreement with Dunamu, the company behind Upbit. The deal gives Naver effective control of the country’s largest crypto exchange, opening the door to its entry into digital finance. Naver also plans to tap into the won-pegged stablecoin market, signaling a …
Solana has been under pressure this week, with its price sliding to $204.45, down 1.79% in the last 24 hours and nearly 17% over the past seven days. Its market cap now stands at $110.91 billion, with $7.81 billion in trading volume over the last day. Several factors have contributed to Solana’s price drop. First, …
In March 2025, Ripple CEO Brad Garlinghouse announced the conclusion of the SEC case, confirming that XRP is not considered a security for public exchange sales, but remains one for institutional sales. After this regulatory clarity, Ripple formed new partnerships with several banks and financial institutions. The SEC officially closed its lawsuit against Ripple Labs …
Digital asset platforms (DAPs) and tokenized custody platforms (TCPs) will fall under the same bracket as other financial intermediaries.
SEC Chair Paul Atkins said in an interview with Fox Business that talk of a merger between the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) is only speculation. He also confirmed that the White House has set 2025 as the target deadline to pass the Market Structure Bill. Is Atkins …
Dogecoin started a fresh decline below the $0.250 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.2550. DOGE price started a fresh decline below the $0.250 level. The price is trading below the $0.250 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.2450 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if there is a move below $0.230. Dogecoin Price Turns Red Dogecoin price started a fresh decline after it closed below $0.2550, like Bitcoin and Ethereum. DOGE declined below the $0.250 and $0.2450 support levels. The price even traded below $0.2350. A low was formed near $0.230, and the price recently attempted a recovery wave. There was a move above the 23.6% Fib retracement level of the main decline from the $0.2888 swing high to the $0.2302 low. However, the bears were active near the $0.250 resistance. Besides, there is a bearish trend line forming with resistance at $0.2450 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading below the $0.250 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2450 level and the trend line. The first major resistance for the bulls could be near the $0.250 level. The next major resistance is near the $0.260 level. It is close to the 50% Fib retracement level of the main decline from the $0.2888 swing high to the $0.2302 low. A close above the $0.260 resistance might send the price toward the $0.2780 resistance. Any more gains might send the price toward the $0.2840 level. The next major stop for the bulls might be $0.2920. More Losses In DOGE? If DOGE’s price fails to climb above the $0.2450 level, it could continue to move down. Initial support on the downside is near the $0.2320 level. The next major support is near the $0.230 level. The main support sits at $0.2250. If there is a downside break below the $0.2250 support, the price could decline further. In the stated case, the price might slide toward the $0.2120 level or even $0.2050 in the near term. Technical Indicators Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level. Major Support Levels – $0.2320 and $0.2300. Major Resistance Levels – $0.2450 and $0.2500.
The White House is preparing for potential job cuts, as Congress must pass a funding measure to prevent the government from running out of money by the end of September.
Coinbase, one of the largest U.S.-based crypto exchanges, now reportedly holds zero XRP in its cold wallets. Public data shows that just a few months ago, in June 2025, Coinbase had nearly 970 million XRP stored offline, worth around $2.8–$2.9 billion at the time. Over the past three months, those holdings have steadily declined, leaving …
Stellar (XLM) is showing signs of resilience after weeks of consolidation, with the cryptocurrency defending the crucial $0.37 horizontal support level. At the time of writing, XLM trades around $0.36, down 0.56% on the daily charts and 4.2% weekly. Related Reading: XRP Gets A Retirement Twist: Expert Calls It A 401(k) Despite the short-term weakness, analysts suggest that the altcoin’s recent bounce could set the stage for a move toward $0.50 and beyond. The $0.37 level has historically acted as both resistance and support, making it a decisive zone for future price action. A reclaim above this mark could push XLM toward the long-standing descending resistance near $0.48, with a breakout potentially triggering a stronger rally. Technical Indicators Signal Mixed Outlook Market data highlights both caution and opportunity for Stellar traders. Momentum indicators remain balanced, with the Relative Strength Index (RSI) close to neutral at 50 and the Moving Average Convergence Divergence (MACD) slightly above zero. While these readings suggest indecision, the broader technical setup indicates a potential bullish reversal. Analysts also observe a developing wedge pattern on the daily chart, which often signals a possible upside breakout. If bulls can sustain momentum and push the price above $0.41, the next targets are between $0.58 and $0.80. Conversely, failing to hold above $0.35 could expose the token to declines toward $0.30 or even $0.21. XLM's price moving sideways on the daily chart. Source: XLMUSD on Tradingview Stellar (XLM) Institutional Adoption Fuels Long-Term Optimism Beyond technical analysis, Stellar’s ecosystem developments are increasing confidence in the project’s long-term outlook. The Stellar Development Foundation (SDF) recently announced access to over $3 billion in real-world assets (RWA) on its network, with issuers like PayPal, Ondo Finance, and Mercado Bitcoin actively involved. The launch of PayPal USD (PYUSD) on Stellar has been a key factor in driving adoption, strengthening the network’s role in cross-border payments and asset tokenization. Additionally, expanding partnerships with companies such as Mastercard and MoneyGram demonstrate XLM’s growing institutional presence. Related Reading: Bitcoin LTH Selling Pressure Builds: 6–12M Coins Keep Flowing Onto The Market With Bitcoin remaining strong above $112,000 and market sentiment gradually improving after recent volatility, analysts view Stellar as a strong candidate for near-term recovery. If the bullish scenario unfolds, XLM’s next key milestone could be a breakout above $0.50, paving the way for a broader rally. Cover image from ChatGPT, XLMUSD chart from Tradingview
Naver's acquisition of Upbit could significantly boost its influence in South Korea's digital finance sector and shape future crypto policies.
The post Naver Financial expected to gain control of Upbit through share-swap deal appeared first on Crypto Briefing.
The deal would bring Upbit's parent Dunamu under the umbrella of Naver Financial.
The draft legislation seeks to amend the Corporations Act 2001 to bring crypto service providers under the financial services licensing regime.