Upbit's move to adopt OP Stack for Ethereum Layer 2 could enhance scalability and efficiency, potentially influencing broader crypto adoption.
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Bitcoin price is currently at a critical juncture, sitting right on top of the Bull Market Support Band. Throughout past bull cycles, this band has historically served as a crucial support level, with price retesting it during corrections and bouncing off it to continue its upward trend. Why This Level Matters For Bitcoin Uptrend In an X post, full-time crypto trader and investor, Daan Crypto Trades, has pointed out that Bitcoin is currently sitting directly on top of the Bull Market Support Band. This level has long been regarded as one of the most reliable high-timeframe momentum indicators. Related Reading: Bitcoin Holds Key Support Amid Gravestone Doji – $120,000 Hangs In Balance Daan Crypto Trades noted that while Bitcoin has seen short-term consolidation at or even slightly below this band, it has never experienced a prolonged detachment for more than a week or two during a bull market. The broader market structure remains intact as long as Bitcoin continues to print higher highs and higher lows on the larger timeframe. However, any subsequent dips that occur while this structural integrity is maintained are generally seen as areas of interest and potential buying opportunities for investors. The Role Of Liquidity In Driving Bitcoin’s Next Move Bitcoin is showing the first bearish divergence against the Global M2 Money supply since the cycle lows began, and signaling a potential slowdown in momentum. According to Saint Pump, a market expert, a one-month liquidity pullback is expected in late September, coinciding with the Federal Reserve (Fed) anticipated rate cut amid job weakness. Related Reading: Analyst Says All Bitcoin Price Uptrend Are Duds Unless This Happens This confluence of a bearish technical signal and a macroeconomic liquidity event suggests that BTC’s recent poor price action since July and divergence with global liquidity will continue leading to a period of choppy price action. In addition, there will be volatile trading until global liquidity conditions improve in late October. Adding to the short-term pressure, October also marks the expected end of the four-year cycle, which historically brings additional selling activity. Despite these headwinds, no major cycle top or euphoria signals are evident. Saint Pump noted that the Trump Administration may unleash a monetary bazooka through a Fed takeover to stimulate the economy ahead of the midterms. As a result, this cycle could extend into late 2026, until Inflation fears resurface once the Fed overdoes it due to political pressures. From a technical perspective, the best bid scenario in a sell-off lies between $93,000 and $98,000, aligning with a retest of the weekly 55 Exponential Moving Average (EMA), which has sustained the bull trend since last year. While short-term volatility is expected, the broader uptrend remains structurally sound. Featured image from Pixabay, chart from Tradingview.com
Russian President Vladimir Putin’s adviser, Dmitry Kobyakov, accused the US of orchestrating a crypto strategy to eliminate its $35 trillion national debt through the manipulation of stablecoins. During his speech at the Eastern Economic Forum on Sept. 6, Kobyakov claimed that Washington seeks to “rewrite the rules of the gold and crypto markets” as alternatives […]
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This incident highlights the ongoing vulnerabilities in blockchain security, potentially undermining trust in decentralized financial systems.
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Wasabi's unaffected status boosts user confidence and highlights the importance of robust security practices in crypto platforms.
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Investment activity in crypto funds slowed sharply for the week ending Sept. 6, with total outflows reaching $352 million despite US economic indicators pointing toward conditions that usually encourage risk-taking, according to CoinShares‘ latest report. James Butterfill, head of research at CoinShares, said weaker employment numbers and growing expectations for a Federal Reserve rate cut […]
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The fundamental differences between Kalshi and Polymarket reflect distinct approaches to market accessibility and regulatory compliance
Peter Schiff has renewed his critique of Bitcoin as Tom Lee of Fundstrat pushes a headline-grabbing $200,000 price target for the cryptocurrency. Related Reading: Why $50 XRP By December 2025 Isn’t ‘Hopium’ If ETFs Get Greenlight: Analyst According to reports, Lee says the market’s recent weakness is tied to the Federal Reserve’s reluctance to cut interest rates, while Schiff points to gold’s recent rally as a warning sign for Bitcoin. Schiff Points To Gold’s Rally In an X post, the gold bug Schiff highlighted that the yellow metal rose 10% over the last two months and reached a new high of $3,620. “Markets are forward-looking. That’s why gold is up 10% in advance of coming rate cuts,” he said, arguing that gold’s move shows traders expect easier policy ahead. Bitcoin, he added, has not followed gold’s lead, and that gap worries him. Permabull @fundstrat forecast Bitcoin will hit $200K by year-end, as Bitcoin is sensitive to Fed rate cuts. He said the Fed’s two-month pause is why Bitcoin hasn’t rallied over that time period. But gold rallied 10% during those two months, hitting a record $3,620 as he spoke. — Peter Schiff (@PeterSchiff) September 8, 2025 Lee’s $200,000 Call And His Explanation Tom Lee remains optimistic. He has argued that the influx of institutional investors gives Bitcoin new “counter-cyclical characteristics,” and that bigger players could push prices much higher over time. Based on reports, Lee blames the recent underperformance on the Fed and keeps the $200,000 figure in public view. His stance continues to make him one of Wall Street’s best-known permabulls – persons who maintain a perpetually optimistic outlook. Market Odds And Traders’ View Polymarket users appear unconvinced by Lee’s timetable. At press time, markets show an 8% chance of Bitcoin reaching $200k this year. The same markets place roughly an 8% chance on Bitcoin dropping below $70,000 by the end of 2025. Those odds suggest bettors are split and that headline targets are being treated with skepticism. Source: Polymarket A Broader Performance Check Schiff has also pointed to longer-term measurements. He noted that Bitcoin is down 16% against gold over the past four years, even though the cryptocurrency has posted strong gains versus the US dollar in that span. He warned that when “more air” comes out of the Bitcoin bubble, the four-year returns may look weak. The idea that the old four-year cycle tied to halvings may be fading was raised by other analysts in recent commentary, and that debate is ongoing. Related Reading: Tighter Premiums Put Crypto Treasuries On Risky Road, According To NYDIG What Comes Next For Bitcoin Schiff went further by saying Bitcoin is more likely to sink below $100k than to reach $200k, putting a cautious spin on the outlook. This view makes clear where Schiff stands: he treats gold’s rally as a forward signal about future policy and believes Bitcoin’s lag is not a short-term quirk but a structural concern. Lee’s counter is that institutional flows could change how Bitcoin moves over time. Featured image from Meta, chart from TradingView
The task force has already conducted roundtables to address issues related to digital asset regulation while proposing changes to the commission's rules.
Boston startup AlterEgo unveiled a wearable built on MIT research that converts silent muscle signals into speech, aiming to reshape how we communicate with machines.
VivoPower's adoption of RLUSD could revolutionize global transactions, reducing costs and enhancing crypto capabilities in emerging markets.
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Hackers broke into the node package manager (NPM) account of a well-known software developer and added malware to popular JavaScript libraries, targeting crypto wallets.
The USDm stablecoin, built with Ethena and backed by tokenized treasuries, will use its yield to subsidize Ethereum sequencer fees.
BitMine's massive gain highlights the potential for innovative treasury strategies to significantly impact investment returns and market dynamics.
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Eightco shares surged after unveiling plan to hold Worldcoin as its main treasury asset.
SEC Commissioner Hester Peirce warned that layer-2 blockchains operating centralized matching engines may face exchange registration requirements while advocating for regulatory protection of truly decentralized protocols. During an interview on The Gwart Show, Peirce noted her vision for crypto regulation, drawing sharp distinctions between immutable code operating on decentralized networks and centralized entities using blockchain […]
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CleanCore Solutions Inc. (NYSE American: ZONE), an established cleaning and disinfection company, announced its acquisition of Dogecoin (DOGE) for its strategic reserve. According to the announcement, CleanCore Solution purchased 285,420,000 Dogecoin, which is valued at about $68 million. The company announced that it is planning to increase its DOGE holding to 1 billion coins in …
Hackers drained 193,000 SOL from SwissBorg’s Solana Earn program after a Kiln API was compromised, affecting 1% of users and 2% of assets.
In the latest “The Weekly Insight,” analyst @CryptoinsightUK places XRP at the center of the next market advance—mapping a five-wave structure that targets Wave 3 ≈ $6.50, Wave 4 holding > $5, and Wave 5 ≈ $9.69. The call is anchored in XRP’s relative strength and a broader macro setup that he describes bluntly: “I’m bullish. I’m bullish. I’m bullish.” Near term, he concedes Bitcoin can still “dip in the short term and reclaim some of the liquidity sitting below us,” but he argues that any shakeout precedes an aggressive upswing that should favor leaders like XRP. The author’s relative-strength case is explicit: “XRP has been leading the way this cycle,” adding it “is about to begin its next major leg higher.” He contrasts structures: “If you overlay the Ethereum chart on top of XRP’s, the difference is striking… XRP… held strong around all-time highs… has pushed above both its previous all-time high and the $2.70 swing high, and is now consolidating above them. Related Reading: XRP To Surpass Bitcoin? Pundit Reveals What Will Drive The Takeover Meanwhile, Ethereum is still struggling to reclaim and hold its all-time high.” He continues: “This relative strength is important… it could continue to outperform the largest altcoin in the market,” with spot ETF speculation for XRP “possibly coming in September or October” and potential policy tailwinds adding fuel. What Needs To Happen For XRP To Hit $9.69? Zooming out, the newsletter situates XRP within a risk-on macro backdrop that could lift Bitcoin and TOTAL/Total2 and, by extension, turbo-charge altcoin leadership. Equities breadth is the opening bid: the S&P 500, Nasdaq, Dow Jones, and Russell 2000 are, he writes, “on the edge of or already in expansion,” with monthly RSI in overbought historically preceding “at least a few months, and often a prolonged period, of strong bull market activity.” He calls it a “clear signal, a green light for risk on.” On cross-asset signals, @CryptoinsightUK underscores the directional tie between Bitcoin and gold, despite gold’s “risk-off” label. Chinese gold demand and Western currency debasement, in his view, strengthen Bitcoin’s long-term case. Historically, gold bottoms have led Bitcoin bottoms by an average ~126 days across four instances; applied to the latest sequence, he sketches a probabilistic Bitcoin bottom window around September 15, 2025. The liquidity map remains pivotal. On higher timeframes, he sees “extremely dense” liquidity above Bitcoin, arguing that once the current range resolves, “the move will likely be sharp and aggressive,” with a roadmap that “quickly” carries BTC toward $144,000 and beyond. For alt breadth, he points to Total2. By his analog, today’s structure rhymes with an “orange circle” precursor from last cycle; from that point to the peak, alts rallied about 350% (technically ~366%). A repeat implies ~$7.73 trillion for Total2—an environment in which “XRP will be one of the clear leaders in the next leg of this market cycle,” provided Bitcoin prints new highs and Total2 breaks out. Related Reading: XRP Will Never Crash 90% Again, Says Digital Ascension CEO The companion “Charts of the Week” (by @thecryptomann1) sharpen the market’s near-term complexion and how it may channel into XRP. Stablecoin exchange reserves (ETH- and Tron-based) sit at all-time highs—~$66 billion (≈ $53B USDT, $13B USDC), a cache of “dry powder” that could chase upside on a breakout or cushion a final dip toward ~$105,000 on BTC before reversing. A caution flag: the 30-day change in aggregate whale holdings has “dropped off a cliff” recently—“alarming,” he notes, and not to be ignored even if it doesn’t spell disaster. Meanwhile, NUPL (Net Unrealized Profit/Loss) has been sliding as the market “takes back” profits from the past ten months; a revisit of the “yellow zone” (
Julien Bittel, head of macro research at Global Macro Investor, argued that the bull run remains in its early stages based on comprehensive economic indicators. In a Sept. 8 analysis shared via X, Bittel counters widespread “peak cycle” sentiment in crypto markets, challenging late-cycle narratives by examining traditional economic markers. Peak sentiment Classic late-cycle economies […]
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An advisor to Russian President Vladimir Putin said the U.S. is using crypto to solve its debt crisis at the world's expense.
The launch follows Nasdaq’s call for tighter scrutiny of corporate crypto holdings, which HashKey framed as a test for the industry.
The leading cryptocurrency could greatly benefit if the Federal Reserve slashes interest rates, the Fundstrat managing partner said.
The company said it planned to use its SOL treasury to help users "recover a significant portion of their balance."
The NFT sector has yet to recapture the enthusiasm of 2021-2022, forcing many NFT-centric companies like OpenSea to pivot to more in-demand crypto use cases.
Swiss crypto platform SwissBorg suffered a $41 million theft when attackers compromised a partner API, draining approximately 193,000 SOL from the company’s Earn program and affecting roughly 1% of users. CEO Cyrus Fazel addressed the incident during a Sept. 8 live broadcast, confirming that SwissBorg’s main application remains secure while emphasizing the company’s commitment to […]
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As Ethereum (ETH) trades slightly above $4,300, some crypto analysts opine that the cryptocurrency’s current trend shows enough structural health. However, they also caution that a lack of funding rates across exchanges means low demand for ETH, which may limit its breakout momentum. Ethereum’s Latest Rally Shows Structural Strength According to a CryptoQuant Quicktake post by contributor ShayanMarkets, Ethereum’s funding rates across exchanges are relatively muted when compared to the digital asset’s last three major highs. Related Reading: Ethereum Eyes $5,500 Amid Illiquid Supply Crunch And ETF Momentum For instance, during the first major high in early 2024, ETH funding rates across crypto exchanges had surged to 0.8, suggesting excessive long positioning and speculative demand. Shortly, the price topped out as overheated leverage took its toll on the digital asset. During the second peak in late 2024 – as illustrated in the following chart – ETH reached similar price levels but this time with far lower funding rates. Although this hinted at a less speculative market, the lack of strong, sustained momentum eventually weighed down on ETH’s price. In contrast to the above two instances, ETH’s 2025 rally saw it create a new all-time high (ATH) of $4,900 – despite relatively muted funding rates. This brings into focus one key divergence – ETH is hitting new highs even in the absence of aggressive long positioning that fueled earlier rallies. ShayanMarkets states there are two key implications of this new-found divergence. The analyst remarked: On one hand, the market appears more spot-driven and structurally healthier, as price is not being pushed by excessive leverage. On the other hand, the absence of aggressive demand also limits breakout momentum, leaving ETH in a slower-moving environment where new order flow will be essential for continuation. Concluding, the CryptoQuant contributor noted that ETH’s higher highs against declining funding rates show that the current market is more resilient against sudden liquidation cascades. However, it also requires a lot more conviction from buyers to sustain the next leg higher. Is ETH Headed For A Correction? Although ETH is currently trading just about 12% below its ATH, some analysts forecast that the second-largest cryptocurrency by market cap may be headed for a correction. Crypto analyst Ted Pillows predicted that ETH may drop all the way down to $3,900 before its next rally. Related Reading: Ethereum’s Latest Rally Fueled By Large-Scale Binance Orders, Analyst Says That said, there are several other data metrics that point toward a potential bullish rally for ETH. For instance, the ETH exchange supply ratio on major exchanges like Binance recently hit a low of 0.037, which may aid in the so-called “supply crunch” for the digital asset. In similar news, Ethereum exchange balance recently turned negative for the first time, suggesting that more tokens are being withdrawn from exchanges than deposited. At press time, ETH trades at $4,334, up 0.6% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant and TradingView.com
The company acquired 285,420 DOGE tokens, with plans to build that stack to 1 billion in 30 days.
With a market cap north of $36 billion, Dogecoin (DOGE) is the seventh-largest non-stablecoin cryptocurrency.
Strategy, the software company turned corporate bitcoin treasury, was not included in the latest rebalancing of the S&P 500 index.