Company lifts AI Cloud ARR target to more than $500 million by Q1 2026 after $674 million GPU expansion.
Strategy's aggressive Bitcoin accumulation may spur further institutional adoption, influencing market dynamics and corporate treasury strategies.
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At least two brokerages have been advised not to conduct any RWA business offshore, according to the report, citing sources familiar with the matte
Bitcoin’s listless tape in the face of roaring macro risk is less a contradiction than a timing problem, argues this week’s edition of The Weekly Insight (Week 160, Sept. 20, 2025). Writing under the banner “Why’s BTC Lagging?”, contributor @CryptoinsightUK sets a decisively constructive medium-term tone—“I want to start this week by saying I am bullish, and I will continue to be bullish until I believe we are close to a top”—while acknowledging that the market feels late-cycle and emotionally frayed. “With that said, I do think we are closer to a top than a low here,” he adds, but the author still believes “we are approaching the most euphoric stage of this bull cycle.” Why Is Bitcoin Lagging? The piece pins much of today’s malaise on sentiment reflexivity. Crypto-Twitter’s grinding negativity is described as a view-generating feedback loop that makes the market feel heavier than it is. “That lag can feel frustrating,” the author writes, noting that the Fear & Greed Index has not displayed the clustered “extreme greed” readings that characterized the 2021 double-top. Related Reading: Bitcoin Price On The Verge Of Explosive Move: Here’s The Only Condition Aside from a burst of exuberance around late-2024/early-2025—“which coincided with XRP’s rally from around 50 cents to $2.70, eventually topping out at about $3.30 to $3.40”—the index has hovered in the mid-range, far from the blow-off conditions that typically mark cycle peaks. The implication is straightforward: despite the noise, the market has yet to show the classic euphoria clusters that precede tops. Macro correlations, often invoked to explain Bitcoin’s leadership or underperformance, are used here to argue for lag rather than breakdown. On M2 money supply, the author reiterates a well-tracked three-month linkage: “Bitcoin and the M2 money supply have correlated closely so far, but in the last two to three months M2 has absolutely ripped higher.” From here, readers can “either argue that the correlation has broken down, or that Bitcoin is simply lagging and has yet to catch up.” A similar read extends to gold. Directional leadership has alternated between the two assets, but with bullion pressing higher, a catch-up in BTC would “imply a move towards at least $135,000, compared to the current level of around $115,000.” Equities tell the same story in another register: the Nasdaq, Dow Jones, S&P, and Russell 2000 are at or near fresh all-time highs while Bitcoin has “mostly chopped sideways,” again “looking as though it may be lagging behind.” Market microstructure adds a decisive layer. The letter emphasizes the interaction between visible liquidity pockets and consolidation dynamics. “Every single time there has been a significant liquidity build up, Bitcoin has eventually run through it.” As price has stepped higher, resting liquidity has thickened—“red indicates the deepest liquidity, orange the next, and green the lightest”—and breakouts have been most forceful once those deep pockets were taken. The example given is the “run from $70k to $100k,” where “heavy consolidation was followed by an explosive breakout.” By that logic, the current map “is pointing to a move toward $140k or higher,” which also dovetails with the gold-parity argument. The author’s metaphor is telling: “I often explain price action like stored energy. The longer it consolidates and charges, the bigger the eventual release.” What Role Do Altcoins Play? The most forceful claim in the issue is not about Bitcoin at all but about altcoins. Both Total2 (crypto ex-BTC) and Total3 (crypto ex-BTC and ETH) are said to have “closed a daily candle into price discovery.” Total2 “closed a weekly all time high and is now extremely close to closing a second consecutive weekly high,” while Total3 sits “right on the edge of breaking into new all-time highs.” Structurally, the report frames Total2 as completing a Wyckoff accumulation and cup-and-handle, and Total3 as carving an ascending triangle poised for continuation. The combination—alts pressing price discovery while Bitcoin “is preparing to push to new highs”—is the setup the author associates with “mania or euphoria.” It is also the basis for a clear positioning disclosure: “it is exactly why I am fully positioned in altcoins here.” Related Reading: Total Illiquid Bitcoin Has Reached 72% Of Supply, What Does This Mean For Price? That rotation view is bolstered by a call on Bitcoin dominance. The author reiterates a long-held target: “I think we are heading down to at least the 35.5 percent level, and potentially even into the low 20s.” The historical analogs are unambiguous: from the 2017 highs, dominance “dropped by 62 percent,” and from the 2021 highs it “dropped by 46 percent,” each time accompanied by an acceleration in the monthly decline. If a similar acceleration coincides with BTC “ripping to new all time highs,” the result would be “a face melting altcoin rally that most people cannot even imagine right now.” The letter links this purely market-internal setup with external catalysts, citing “major legislative shifts in the largest financial economy in the world” and “the potential influx of trillions of dollars through stablecoins and the Clarity Act, which could be passed as soon as November.” Where Is Bitcoin Price Heading Next? The issue closes with a complementary technical brief by @thecryptomann1 that brings the near-term risk map into focus. For BTC spot, “decision time… is fast approaching,” with the zone between $111,000 and $115,000 flagged as “huge.” Lose it, and “the liquidity around the $105K range feels inevitable.” Exchange-side order-book heatmaps show “a chunk of liquidity sitting here across all exchanges,” suggesting elevated volatility if tested. The analyst doesn’t force a directional call—“I’m unsure which way the market swings”—and labels aggressive speculation “dangerous” in the current chop. A second lens comes via USDT dominance (USDT.D), which the analyst inverts to track risk appetite. The metric has been “stuck in [a] range for the past 15 months or so,” but structurally “looks like a chart that’s on its way to revisit its highs (which, in reality, are the lows).” The stated target remains 3.76%. The logic is deliberately simple—range structure, a hold of the 0.5 retracement, persistence in trend, and defense of a key “blue box” support—each pointing “to strength,” i.e., room for risk to keep advancing before stablecoin dominance rises again. That underpins a tactical approach: “The way I’m playing it is swinging long until USDT.D hits 3.76%, then de-risking. That’s not financial advice, just the way I’m approaching it.” The short-term “max pain” path is sketched with characteristic market irony. One plausible sequence is “$BTC pushing up to $120,000, everyone panicking and going long, fueling the liquidity below us, and then sweeping the lows.” The analyst cautions that a straight drop to the “low $100,000 range” feels “too obvious,” but concedes that both upside and downside liquidity are attractors in a compressed-volatility environment. The mood music for traders is summed, wryly, in a single line: “it’s getting squeaky bum time.” At press time, BTC traded at $112,712. Featured image created with DALL.E, chart from TradingView.com
Bitcoin's value dropped over 2%, dragging the broader market lower.
The whale started withdrawing their HYPE tokens after nine months of holding, with an unrealized profit of about $90 million.
The relatively small purchase was mostly funded through common stock sales.
Fragmetric Labs and DeFi Development Corp (DFDV), a company listed on the Nasdaq stock exchange, are working together to create the first Solana digital asset treasury in South Korea. Both organizations are planning to buy an already publicly listed company in South Korea to build this treasury. First Solana Treasury in South Korea In a …
BitMine's significant Ethereum holdings could influence market dynamics and highlight the growing institutional interest in blockchain technology.
The post Tom Lee’s BitMine discloses 2.4 million Ethereum and over $11 billion in total assets appeared first on Crypto Briefing.
Strategy’s latest $99.7 million Bitcoin acquisition brought its total Bitcoin holdings to 639,835 BTC, acquired for about $47.3 billion.
The UAE has signed the OECD’s Crypto-Asset Reporting Framework (CARF), requiring crypto exchanges and service providers to report detailed user transactions. This framework enables automatic sharing of crypto tax information between countries starting in 2027, with the first data exchange expected in 2028. To help shape the rules, the UAE government has opened a public …
The HYPE price is approaching a critical moment in the next quarter with the start of monthly token unlocks that could create significant selling pressure. Beginning November 29, Hyperliquid crypto will release millions worth of tokens, and the entire vesting schedule will distribute $11.9 billion worth of tokens. To this analyst sees as a significant …
Bitcoin price traded near $113,000 on Monday after a weekend liquidation that wiped more than $1 billion in leveraged longs, with derivatives and macro gauges now central to the next move. Spot hovers around $112,965 intraday, about 10% below the recent peak, as the market digested last week’s Federal Reserve rate cut and a pick-up […]
The post Bitcoin eyes either $124k or $108k before Christmas as leverage thins after $1.7B in liquidations appeared first on CryptoSlate.
Michael Saylor’s Strategy has purchased 850 Bitcoin at a total cost of $96 million. This purchase continues the company’s strategy of steadily increasing its Bitcoin holdings despite market ups and downs. MicroStrategy remains one of the largest corporate Bitcoin holders, showing strong confidence in Bitcoin as a long-term asset. The firm’s ongoing acquisitions highlight its …
Strategy's bitcoin holdings now account for more than 3% of the total 21 million BTC supply — worth around $72 billion.
China’s securities watchdog has informally told leading brokerages to pause RWA activity in Hong Kong as the city adopts a pro-tokenization path.
The decline followed a supposedly dovish Fed interest-rate cut, which was expected to weaken the dollar and encourage more risk-taking in crypto markets.
BitMine Immersion announced it acquired an additional 264,378 ETH, bringing its total holdings to 2,416,000 tokens, over 2% of Ethereum’s total supply. The company’s combined crypto and cash reserves now stand at $11.4 billion. As one of the largest institutional ETH holders, BitMine is aiming to increase its stake further. This growing treasury highlights its …
Hong Kong is racing to become Asia’s digital asset hub, but Beijing has just hit the pause button. According to Reuters, the China Securities Regulatory Commission (CSRC) has advised at least two major brokerages to halt their real-world asset (RWA) tokenization business in Hong Kong. The move reflects growing caution in Beijing as Chinese firms …
Bitget's move highlights the growing integration of crypto and traditional finance, potentially increasing market accessibility and liquidity.
The post Bitget introduces 25 US stock U-based perpetual contracts with high leverage appeared first on Crypto Briefing.
Crypto stocks tumbled in pre-market trading as bitcoin and ether extended heavy overnight losses, fueling $1.6 billion in liquidations across derivatives exchanges.
Ethereum has come under heavy selling pressure, slipping below $4,200 after a sharp daily decline of nearly 7%. The move wiped out more than $44 billion in market value in less than a week and left traders questioning whether bulls can hold the $4,000 psychological zone. With ETH now down over 15% from its all-time …
China’s Securities Regulatory Commission (CSRC) has advised some domestic brokerages to temporarily halt their real-world asset (RWA) tokenization activities in Hong Kong. At least two major brokerages received informal guidance amid Beijing’s concerns over rapid growth in the offshore digital asset market. This move aims to strengthen risk management and ensure legitimacy in RWA projects. …
China's regulatory caution on asset tokenization may hinder domestic innovation, impacting its competitive edge in global financial markets.
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Your day-ahead look for Sept. 22, 2025
AI tools like Grok and ChatGPT are changing how traders approach crypto day trading, spotting sentiment shifts in real time and turning them into structured trade plans.
After weeks of strong gains, the crypto market is slowing down, with major altcoins like Ethereum, XRP, Solana, and Dogecoin seeing sharp declines. Indicating that traders and investors start shifting focus from aggressive altcoin plays to safer positions. On-chain data provider CryptoQuant suggests that the recent altcoin rotation may be coming to an end, marking …
PancakeSwap has integrated Relay Protocol, enabling instant cross-chain token swaps with Solana and six other major networks, including BNB Chain, Arbitrum, Base, Ethereum, ZKsync, and Linea. This new feature lets users swap tokens seamlessly in seconds, without using bridges or multiple apps, cutting costs and risks. PancakeSwap aims to simplify DeFi by making cross-chain trading …
XRP’s growing momentum has not only intensified price speculations but has also placed it in direct comparison with Bitcoin in one surprising metric, especially in the South Korean market. Data shows that XRP is now challenging Bitcoin’s dominance in the South Korean crypto world, as evidenced by the reserves of Upbit, the biggest crypto exchange in the country in terms of trading volume and market share. Upbit’s Unusual XRP Reserve Levels On-chain data shows how XRP is beginning to challenge Bitcoin’s long-standing dominance in South Korea, where trading activity is among the most vibrant globally. As the leading cryptocurrency, most exchanges across the world hold Bitcoin as the dominant reserve asset, with BTC traditionally accounting for the largest share of exchange portfolios. This has been the case because exchange reserves are shaped by customer demand, and Bitcoin has been the preferred asset for traders. Related Reading: Analyst Uses AI To Show How High The XRP Price Will Be If XRP ETFs Are Approved However, it would seem the Korean market is bucking the trend, and investors are getting more inclined to XRP. According to on-chain data from CryptoQuant, which was first posted on the social media platform X by an analytics account called CryptoOnchain’s, XRP is challenging Bitcoin’s dominance on Upbit, which is the biggest crypto exchange in South Korea. This trend began in December 2024, when Upbit started significantly increasing its XRP reserves. At the time of writing, the amount of XRP held by the exchange is now at levels that rival its Bitcoin holdings. As shown in the chart below, XRP’s USD value in Upbit’s reserves has risen steeply alongside Bitcoin’s since the beginning of the year, with XRP even breaking above $20 billion briefly before retracing. As of now, the value of XRP reserves on Upbit is around $18 billion, only slightly below Bitcoin’s $20 billion on the platform. For comparison, Ethereum’s holdings on Upbit are just a little above $5 billion. This shows how XRP has carved out a position much closer to Bitcoin than any other major cryptocurrency on the exchange. Implications For The Altcoin’s Future Demand Monitoring these reserve trends at Upbit could serve as an important indicator for XRP’s trajectory in the months ahead. Given Upbit’s large influence in Asia, its portfolio balance has implications beyond its own platform, and it could shape XRP’s demand and price action within the continent. Related Reading: Analyst Sounds Major XRP Warning: Last Chance To Get In As Accumulation Balloons Trading data has shown periods of exceptionally high XRP trading volume and activity on Upbit in the past. If the altcoin continues to maintain parity with Bitcoin in Upbit’s reserves, it would signal a deep structural preference for the token in one of the world’s most active trading hubs, and this would, in turn, add weight to bullish arguments of a sustained upward price momentum. At the time of writing, XRP is trading at $2.81, down by 6.5% in the past 24 hours. Featured image from Adobe Stock, chart from Tradingview.com
Midas, in partnership with Axelar, has launched mXRP, a tokenized XRP product currently targeting a base yield of up to 8%.