After hitting a weekend high of $116,689 on September 15, Bitcoin (BTC) fell slightly, trading just above $114,000 at the time of writing. However, fresh data from Binance crypto exchange indicates that the Bitcoin Scarcity Index recently witnessed its first spike since June 2025. Bitcoin Scarcity Index Spikes, Will BTC Rally? According to a CryptoQuant Quicktake post by contributor Arab Chain, the Bitcoin Scarcity Index witnessed its first spike yesterday since June 2025. The analyst referred to the latest exchange data from Binance to confirm the spike in Bitcoin Scarcity Index. Related Reading: Bitcoin Miners Shift Strategy: Accumulation Over Selling Signals Stronger Bull Cycle For the uninitiated, the Bitcoin Scarcity Index measures how limited the available supply of Bitcoin is on exchanges relative to immediate buying demand. A spike in the index usually indicates strong accumulation by large investors or institutions, signaling potential price pressure to the upside. In their analysis, Arab Chain remarked that the latest spike in the Bitcoin Scarcity Index means that either a large amount of BTC was withdrawn from Binance, or the volume of sell orders fell significantly on the exchange. As a result, the available supply of BTC on Binance suddenly became scarce. Notably, such movements are usually associated with the entry of large investors – such as whales or sharks – who hold substantial quantities of BTC. Arab Chain added: The index jumps when immediate buying power exceeds available supply, as if buyers are racing to acquire Bitcoin on the market This type of spike is often linked to positive news or sudden capital inflows. The same pattern occurred last June and persisted for several days, after which Bitcoin climbed to around $124,000. BTC may confirm the beginning of a strong accumulation phase and the continuation of the uptrend if the Bitcoin Scarcity Index remains positive for several consecutive days. However, if the index rises rapidly – followed by an equally quick descent – it may suggest speculative activity or order liquidations. Such a phase is often followed by a period of calm or a price correction. In recent months, the Bitcoin Scarcity Index has reached new all-time highs (ATH). The chart below shows the metric reaching as high as +6, before quickly falling toward neutral and even negative territory. Is BTC Losing Momentum? Arab Chain concluded by saying that the contrast between BTC’s high price, and the index’s quick move back to or below zero suggest that some strong buying momentum has started to decline. Related Reading: Bitcoin Holds $112,000 Support As Binance Whale Activity Cools Off – What’s Ahead? That said, some positive signs persist. For example, the flagship cryptocurrency recently broke above the mid-term holder breakeven, hinting that a fresh rally to the upside may be on the horizon. From a technical perspective, BTC recently flashed the Golden Cross, a rare bullish signal that has crypto pundits forecasting a potential price appreciation of 100%. At press time, BTC trades at $114,601, down 0.9% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
An update filed in a New York court marks how a resolution “in principle” has been reached in a case that has spanned over two years.
Bitcoin price is correcting gains from $116,500. BTC is now consolidating and might start a fresh decline if it stays below the $116,500 resistance zone. Bitcoin started a fresh increase above the $115,000 zone. The price is trading below $115,500 and the 100 hourly Simple moving average. There is a bearish trend line forming with resistance at $115,350 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might start another increase if it clears the $116,500 zone. Bitcoin Price Struggles To Continue Higher Bitcoin price started a fresh upward wave above the $113,500 zone. BTC managed to climb above the $114,500 and $115,000 resistance levels. The bulls were able to push the price above $116,000 and $116,200. The price traded as high as $116,743 and recently started a downside correction. There was a minor decline below the $116,000 zone. The price even dipped below the 23.6% Fib retracement level of the recent move from the $110,815 swing low to the $116,743 high. Bitcoin is now trading below $115,500 and the 100 hourly Simple moving average. Besides, there is a bearish trend line forming with resistance at $115,350 on the hourly chart of the BTC/USD pair. Immediate resistance on the upside is near the $115,350 level. The first key resistance is near the $116,150 level. The next resistance could be $116,750. A close above the $116,750 resistance might send the price further higher. In the stated case, the price could rise and test the $117,500 resistance level. Any more gains might send the price toward the $118,500 level. The next barrier for the bulls could be $118,800. Downside Continuation In BTC? If Bitcoin fails to rise above the $116,150 resistance zone, it could start a fresh decline. Immediate support is near the $114,500 level. The first major support is near the $113,750 level or the 50% Fib level of the recent move from the $110,815 swing low to the $116,743 high. The next support is now near the $113,200 zone. Any more losses might send the price toward the $112,500 support in the near term. The main support sits at $110,500, below which BTC might decline heavily. Technical indicators: Hourly MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels – $114,500, followed by $113,750. Major Resistance Levels – $116,150 and $116,750.
Shares in the Bitcoin-buying firm KindlyMD dropped 55% after CEO David Bailey encouraged low-conviction traders to exit.
American Express cardholders can now receive NFT passport stamps showing the countries they’ve visited as a way to commemorate their past travels.
Solana’s token moved into the spotlight this week as reports tied renewed upward pressure to heavy buys by major players. Related Reading: Dogecoin Breaks Out With A 32% Surge: Time To Buy Or Too Late To Chase? Traders and on-chain watchers noticed large transfers off exchanges and a rise in holding activity. That flow has pushed Solana into a fresh bout of attention from investors who watch big-wallet moves. Galaxy Digital Buying Spree According to reports, Galaxy Digital has been one of the most active buyers, taking on more than $1 billion in SOL in recent days. Transfers out of exchange addresses and into private wallets were flagged by researchers. Reports have disclosed that this type of accumulation often removes supply from the market, at least temporarily, and can leave prices more sensitive to new demand. Galaxy Digital bought $1.35 Billion in $SOL this week. That’s 5.82 million $SOL accumulated in just 7 days, the largest institutional Solana purchases this year. But they didn’t buy the cycle top. They’re front-running something deeper. Solana’s onchain activity is gradually… pic.twitter.com/vzKcDxk5JE — Ash Crypto (@Ashcryptoreal) September 14, 2025 Technical Support Holds Near Key Levels Traders pointed to a cluster of support around $220–$230. That zone matters because it was a barrier that, once cleared, turned into a floor for buyers to defend. Short squeezes were also observed, where traders betting against SOL were pushed to close positions. Volume spiked on some of the upward moves, which made runs sharper, and that can speed up both gains and corrections. ???? Galaxy Digital just bought $240.58 million in $SOL in 5 hours. Institutional accumulation is real#SOL pic.twitter.com/wG1r8qEzTg — Money Guru Digital (@Moneygurudigi) September 14, 2025 Bullish Forecasts Vary Widely Based on reports from market commentary, the range of price forecasts now stretches far. Some analysts put nearer-term targets at $250 or $300 if buying continues and technicals hold. More optimistic scenarios, often framed as longer-term or best-case outcomes, extend the outlook to $350–$450. A claim that SOL could reach $460 has circulated in some corners, but clear public backing for that exact figure appears limited in mainstream outlets. $SOL Solana is showing three major levels of interest before a strong pullback is likely. The most probable targets to watch are ~$260, ~$380, and ~$460 before a major correction sets in. The RRR ratio for longs remains poor, unless additional risk is taken on through leverage. pic.twitter.com/vuQQO3tF4V — XForceGlobal (@XForceGlobal) September 14, 2025 What $460 Would Require For SOL to climb toward $460, a chain of events probably needs to align. Large and sustained institutional inflows would help, and the creation or expansion of SOL treasuries could remove more tokens from circulation. Regulatory clarity or the launch of regulated products that let big pools buy SOL safely would widen the buyer base. Finally, stronger real-world use on the Solana chain — more transactions, apps, and revenue — would add a fundamental argument for much higher valuations. Time also matters; even strong bull cases often play out over many months. Related Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back Risks And What To Watch Market participants warned that risks remain. If macro conditions tighten, or if network problems reappear, any rally can be cut short. Overbought readings on some indicators suggest a pullback is possible before further gains. Watch exchange flows, whether large wallets keep withdrawing SOL, and whether the $220–$230 band holds. Those signals should tell traders a lot about the likely next leg. Featured image from Shutterstock, chart from TradingView
Competing narratives emerge as Glassnode points to profit-taking risks and weak spot demand, while QCP highlights ETF inflows and rotation into higher-beta assets.
The surge in Ethereum's validator exit queue may signal waning confidence in staking, potentially impacting network security and market dynamics.
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On-chain data shows the XRP whales have participated in major distribution over the past two weeks, a sign that can be bearish for the asset’s price. XRP Whales Have Sold 160 Million Tokens Recently In a new post on X, analyst Ali Martinez has talked about the latest move from the XRP whales. The analyst has cited Santiment’s Supply Distribution indicator, which measures the total amount of the asset’s supply that a given wallet group as a whole is holding right now. Whales are defined as addresses carrying between 1 million and 10 million tokens of the cryptocurrency. At the current exchange rate, the range converts to about $2.99 million at the lower end and $29.9 million at the upper end. Thus, only the market participants with a substantial amount of capital fall in this range. Related Reading: Analyst Sets Bold $1,314 Target For Solana After Cup-And-Handle Breakout These large investors can carry some degree of influence in the market, so their movements can be worth keeping an eye on. One way to do so is through the Supply Distribution. Now, here is the chart shared by the analyst that shows the trend in the Supply Distribution of the 1 million to 10 million XRP group over the last few months: As displayed in the above graph, the XRP whales took their supply to a high earlier in the month, but since then, these holders have participated in selling. Interestingly, most of this distribution came as the asset’s rally to the $3.1 level took place. This timing would imply that the whales were using the price surge as an opportunity to take profits and exit from the market. In total, these humongous entities have offloaded 160 million tokens of the cryptocurrency over the last couple of weeks, worth a whopping $486 million right now. The coin has declined since its high, and if selling from the whales continues, it’s possible that the drawdown may extend. From a technical perspective, however, XRP may actually be near a rebound, as Martinez has pointed out in another X post. Related Reading: Litecoin Surges As Whales Scoop Up 181,000 LTC The reason is that the Tom Demark (TD) Sequential has just given a reversal signal for the asset. The TD Sequential is an indicator that counts up candles of the same color in an asset’s price chart to identify points of trend exhaustion. Once nine candles are in, it signals that the earlier trend is over and a reversal may be about to occur. From the above chart, it’s visible that XRP has formed a TD Sequential signal with nine red candles on its 4-hour chart, suggesting a bullish turnaround could potentially take place next. XRP Price At the time of writing, XRP is floating around $3.02, down almost 1% over the last 24 hours. Featured image from Dall-E, charts from TradingView.com
Dorsey's push for Bitcoin payments could accelerate cryptocurrency integration in mainstream commerce, potentially reshaping payment systems.
The post Jack Dorsey urges Square users to help sellers adopt Bitcoin appeared first on Crypto Briefing.
The US Senate voted on Monday to confirm cryptocurrency-friendly Stephen Miran to serve on the Federal Reserve Board of Governors.
Miran's confirmation may influence future monetary policy, highlighting ongoing partisan tensions affecting central bank governance.
The post Senate confirms Stephen Miran to Federal Reserve Board of Governors appeared first on Crypto Briefing.
Strategy’s Michael Saylor and BitMine’s Tom Lee are among 18 industry leaders who will look at ways to pass the BITCOIN Act and enable budget-neutral ways to buy Bitcoin.
KindlyMD’s NAKA shares slumped to $1.28 on Sept. 15, down by 54% in the past 24 hours and over 90% over one month. The healthcare-turned-Bitcoin (BTC) treasury company faces mounting pressure from equity dilution plans and broader investor fatigue toward digital asset treasury strategies. The Nasdaq-traded medical firm transformed into a Bitcoin treasury company after […]
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XRP is trading close to $3 and has struggled to hold that level in recent sessions. According to a market analyst, a repeat of a past pattern tied to Bitcoin halvings could push XRP much higher, with a possible cycle top above $20 on Oct. 17, 2025. The timeline ties back to earlier halving cycles and a short lag that, she argues, has repeated before. Related Reading: Dogecoin Defies Odds, Jumps 21% Even As ETF Debut Gets Pushed Back Halving Dates And Follow-On Moves Based on reports, crypto expert Diana points to the 2016–2017 cycle as the clearest example. Bitcoin halved on July 9, 2016, and then reached a peak above $19,000 on Dec. 18, 2017 — 525 days later. XRP, she notes, followed with its high of $3.31 on Jan. 5, 2018, around 18 days after Bitcoin’s top. That sequence — Bitcoin first, XRP soon after — is central to her case. ???? XRP TO $15–$20? HISTORY SAYS OCT 2025 IS THE DATE ⏳???? History, math, and the end of SEC suppression all point to one window: mid-October 2025. This could be XRP’s most savage run yet — let’s break it down. ???????? pic.twitter.com/RJ6Z85b6pz — Diana (@InvestWithD) September 4, 2025 Losing Steam, Legal Pressure The pattern did not hold in the next cycle. Bitcoin halved on May 11, 2020, and then topped near $69,000 on Nov. 10, 2021, about 545 days later. XRP did not mirror that run. Reports show XRP hit $1.95 in April 2021, several months earlier than Bitcoin’s peak, after legal pressure and exchange delistings constrained its move. Diana describes that episode as a lost cycle for the token. Regulatory Clarity And Product Growth According to reports, the legal cloud around XRP eased after a July 2023 court outcome that cleared major parts of XRP’s past sales from being labeled as securities. Exchanges in the US resumed listings, and Ripple has been building out products like RLUSD and new payment corridors. Diana says those developments, together with multiple ETF filings, improve XRP’s chances this time. She puts forward three price scenarios: a modest run to $5–$7 if Bitcoin’s momentum is modest; a base case of $10–$15 assuming ETF inflows and stronger use cases; and a blow-off rally that could push XRP past $20 if big institutional liquidity arrives. Related Reading: Dogecoin Breaks Out With A 32% Surge: Time To Buy Or Too Late To Chase? XRP Forecasts Split: $12.25 Target Vs. Modest Growth Outlook Meanwhile, Geoff Kendrick of Standard Chartered expects XRP’s rally to continue, saying the token could take on a larger role in international finance. He also points to future XRP ETFs as a catalyst that could draw more investors. Kendrick places his price target at $12.25 by 2029, which would mean a 300%+ jump from today’s $2.95 and translate into annualized returns of about 43%. That outlook, however, is far from universal. Morningstar analysts forecast the broader crypto market to grow close to 10% per year through 2034, a rate in line with historical stock market performance. Featured image from Unsplash, chart from TradingView
Credit Saison, Japan’s third-largest credit card company, said Monday it is creating a new venture fund to back early-stage blockchain firms working in the real-world asset sector, according to local media reports. The vehicle, known as Onigiri Capital, has raised $35 million so far from Credit Saison and other backers and, according to a company […]
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Currently sitting at 260th in the U.S. App Store rankings, Coinbase's position suggests retail participation remains relatively muted.
A closely watched derivatives strategist expects Bitcoin’s next major move to begin with a violent short squeeze, only to flip into a punishing “long trap” as October opens—a sequence he argues rhymes more with late-2023 than with the euphoric blow-offs of March and December 2024. In a thread posted on September 12 and expanded over the weekend, analyst Nik Patel (@cointradernik) said the current positioning backdrop “is less like March and Dec ’24 crossovers and more like Dec ’23,” warning that the market is set up for a “multi-week whipsaw going into early/mid Oct.” He added a specific liquidation map: “Give me $1.5bn in shorts liqs on the weekly and then $2.8bn of long liqs into Oct 7th pls.” pic.twitter.com/LVsY4bU99o — Nik (@cointradernik) September 12, 2025 What Is Different This Time For Bitcoin? What makes this setup different, in his view, is the balance between spot and derivatives flows and the breadth of basis trades. “Spot vol as % of total vol [is] lower here than prior crossovers for Others OI vs BTC OI (March ’24 and Dec ’24),” he wrote, arguing that if spot demand were truly in the driver’s seat “we should expect spot vol as a % of total vol to be higher not lower.” Related Reading: Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing? Instead, he sees “a combination of basis trade across a broader range of markets than just BTC & ETH but also more directional levered shorts than prior occasions,” with the immediate “upside risk… even greater for a short liq cascade first.” Funding, he noted, is “benign” relative to those earlier peaks. Real-time funding data broadly corroborate the “benign” characterization. Across major venues, BTC perpetual funding hovered close to flat in recent sessions—generally in the +0.005% to +0.01% per-8-hour range—well below the overheated prints typical of euphoric tops. That keeps the door open to a squeeze without the need to first unwind extreme long leverage. Sentiment, Nik argued, is still closer to “disbelief” than euphoria. He contrasted March 2024’s ETF frenzy and December 2024’s post-election optimism with today’s more skeptical tone, pointing to a still-elevated pool of sidelined capital. “Both prior crossovers had stablecoin dominance trough at 5% ish. We are currently at 6.1% — imo this is textbook disbelief/Sidelined September positioning,” he wrote. In his base case, that war chest ultimately fuels year-end risk-taking once the whipsaw plays out: “We will almost certainly get the positioning whipsaw and bear trap during that quarterly end & monthly open window of weakness, but there are a lot more stables ready to be deployed here into year-end.” In a self-aware aside, Nik even shared a machine-generated distillation of his view: “ChatGPT coming to a similar conclusion here after I fed all these charts in, idk if that inspires confidence or concern about my view though lol.” Related Reading: Analyst Says Bitcoin Is A Strong Buy If It Overcomes $118K — Here’s Why ChatGPT wrote: “Past crossovers: signaled end-phase altseason blowoffs, fueled by euphoric longs with no dry powder left. This crossover: signals pre-phase potential — leverage is already there, but it’s balanced/shorter, with capital still on the sidelines (stables). This is why the funding differential is so important: • High funding + low stables = top-like conditions. Low funding + high stables = squeeze-ready conditions.” Renowned crypto analyst CRG (@MacroCRG) consented: “Agree with him that a big short liq event is likely before a big long liq event still lots of positioning to unwind imo from ppl expecting a bearish September. In saying that, would like the coins to bounce soon, many are at/near key pivots.” As ever with path-dependent derivatives tape, the trigger matters. Nik cautioned that a “massive short liquidation event” in the coming week could flip the script if it invites “late longs” and spikes funding into October. But absent that sudden shift, his base case remains a two-step: an upside liquidation cascade that resets shorts, followed by a rug-pull on over-eager longs into the October 7 window. Traders watching for confirmation will focus on whether funding stays contained as price lifts, whether spot participation actually broadens rather than fades, and whether stablecoin deployment reduces the cash cushion he cites. At press time, Bitcoin traded at $114,852. Featured image created with DALL.E, chart from TradingView.com
The Gemini AI app hit #1 in app stores, and now Google is the fourth-most valuable company in the world.
Investors have not priced in Ethereum’s (ETH) potential to replace Wall Street’s outdated settlement infrastructure, according to SharpLink CEO Joseph Chalom and EigenLayer founder Sreeram Kannan. During a Sept. 15 Milk Road podcast discussion, Chalom, who previously led BlackRock’s digital asset initiatives, outlined the fundamental friction plaguing traditional finance. Current systems require day-long settlement periods, […]
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The Shibarium network, a layer-two scaling solution on the Ethereum (ETH) chain and focused on the Shiba Inu project, has suffered a major blow. Earlier on Monday, the Shiba Inu team announced that it is no longer endorsing the Shibarium network. Why Is Shibarium no Longer Supported By Shiba Inu? According to the announcement, the …
MetaMask, a well-established digital asset wallet focused on the Ethereum (ETH) ecosystem, has announced the launch of its stablecoin. The MetaMask USD (mUSD) is a stablecoin backed by the U.S. dollar, initially issued on the Ethereum network and an EVM layer two (L2) scaling solution Linea (LINEA). How Will MetaMask USD Function? The MetaMask USD …
The Shiba Inu community is on high alert after a major compromise of the Shibarium bridge over the weekend. What began as reports from blockchain security firm PeckShield quickly escalated into a confirmed attack involving validator key leaks, flash loans, and malicious state changes. Developers have scrambled to contain the breach by freezing 4.6 million BONE tokens, but the situation has revealed vulnerabilities in the security of Shiba Inu’s infrastructure and has had an impact on Shiba Inu’s short-term price action. Developer Confirms Attack Details Taking to the social media platform X, Shiba Inu developer Kaal Dhairya revealed that the incident was probably planned for months and executed using a flash loan to acquire 4.6 million BONE tokens. After gaining access to validator signing keys, the attacker was able to gain majority control and approve a malicious state to siphon assets from the Shibarium bridge. Fortunately, the stolen BONE was delegated to Validator 1, leaving it locked by unstaking delays and giving the team a narrow opportunity to intervene. Related Reading: Shiba Inu Team Confirms Delayed Migration Is A Go, Here’s What’s Coming Dhairya confirmed that the developers immediately froze the compromised funds, suspended all staking and unstaking activity, and transferred stake manager reserves into a hardware wallet secured by a 6/9 multisignature setup. However, the moves were temporary until the extent of the validator compromise could be confirmed, but the developer assured the community that protecting assets was the team’s top priority. The breach drew quick attention from multiple blockchain security outfits. PeckShield, a leading blockchain security company, posted an Etherscan transaction showing the breach by the ShibaSwap exploiter on X. However, Kaal Dhairya noted that the Shiba Inu team is working with PeckShield, Hexens, and Seal 911 to continue investigations on the incident and the next steps to take. According to a separate analysis by Tikkala Security on X, the losses appear to extend beyond the BONE freeze. The post claimed that multiple signer keys appear to have leaked in Shibaswap, which caused an estimated $2.8 million loss. Tikkala Security pointed to an attacker address on Etherscan and explained that the exploit involved repeatedly submitting legitimate Merkle leaf exit requests tied to a root signed by ten different addresses. Market Impact And Price Outlook Despite the severity of the breach, BONE’s market price spiked by over 20% in the hours following the freeze announcement, and this is likely due to the rapid containment. However, the BONE price has calmed, and the breach could have long-term effects that extend beyond the next few days. Related Reading: Shiba Inu Breakout Structure Suggests 670% Rally To $0.000155 The Shibarium bridge is important to Shiba Inu’s strategy. Any lingering doubts about validator integrity or the scope of the losses could weigh heavily on the price of Shiba Inu and BONE. As it stands, both the Shiba Inu and BONE prices have reversed gains in the past few hours. At the time of writing, BONE is trading at $0.1959, down by 4.4% in the past 24 hours, but still up by 24% from its price point seven days ago. Shiba Inu, on the other hand, is trading at $0.00001305, down by 7% in the past 24 hours. Featured image from iStock, chart from Tradingview.com
Bitcoin (BTC) trades at the upper edge of its $108,000-$116,000 air gap range ahead of the Federal Reserve meeting on Sept. 17, and relies on the policy messaging. BTC traded at $115,046.29 as of press time, down by 0.2% in the past 24 hours. According to the Bitfinex Alpha report, Bitcoin needs a sustained break […]
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Almost three years after the SEC filed a complaint involving allegations with the Gemini Earn product, the crypto company and regulator said they had reached a potential deal.
Canary Capital Litecoin ETF fee set at 0.95% as disclosed in filings for its proposed spot Litecoin ETF pending regulatory approval.
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Polymarket disclosed other warrants in an SEC filing, a structure often tied to token rights, hinting at a potential token launch.
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Earlier this month the company registered an Avalanche trust in Delaware, a preliminary step toward launching the product.
Standard Chartered warns of risks as Bitcoin, Ethereum and Solana treasury companies face valuation crunch.
An uptick in Solana onchain activity, digital asset treasury allocation, and its expanding DeFi ecosystem could be the fuel that sends SOL to $300.