An analyst has pointed out how Dogecoin could see a rally to $0.36 or even $0.45 if its price can manage to break past this resistance barrier. Dogecoin Is Retesting Upper Boundary Of A Parallel Channel In a new post on X, analyst Ali Martinez has shared a technical analysis (TA) pattern forming in the 1-day price of Dogecoin. The pattern is a “Parallel Channel,” which forms when an asset observes consolidation between two parallel trendlines. There are a few different types of parallel channels, each with a distinct orientation of the trendlines in respect to the graph axes. The Ascending Channel forms when the trendlines are angled upward. That is, when the price travels to a net upside inside the channel. Similarly, the Descending Channel has trendlines that have a negative slope. Related Reading: Bitcoin Cash (BCH) Plunges 6.7% As Social Media Shows Overhype In the context of the current topic, neither of these versions of the Parallel Channel is of interest, but rather the most simple case of the pattern: a channel parallel to the time-axis. When the asset is moving inside this type of channel, it observes resistance at the upper line and support at the lower one, and moves in an exactly sideways manner trapped between the two. Now, here is the chart shared by Martinez that shows the Parallel Channel that Dogecoin has been stuck inside for the last few months: As is visible in the above graph, Dogecoin retested the upper line of the Parallel Channel earlier in the month, but found rejection. The memecoin now appears to be approaching another retest of this line situated at $0.29. Generally, a break above the upper line of a Parallel Channel is considered to be a bullish signal. Thus, if DOGE can manage to surge above the pattern, it may see a sustained rally. Martinez has suggested two potential targets for the memecoin: $0.36 and $0.45. These are based on the fact that Parallel Channel breakouts can be of the same length as the height of the channel; the former corresponds to half this distance and latter to the full one. It now remains to be seen whether Dogecoin can surpass this huddle in the near future and if any sustained bullish momentum will follow. Related Reading: PEPE Gearing Up For Triangle Breakout: Is A 78% Move Coming? In some other news, Dogecoin whales have been buying recently, as the analyst has pointed out in another X post. From the above chart, it’s visible that DOGE whales have added a total of 158 million tokens of the cryptocurrency (worth $41.9 million) to their holdings with this accumulation spree. DOGE Price At the time of writing, Dogecoin is trading around $0.265, down more than 6% over the last 24 hours. Featured image from Dall-E, Santiment.net, charts from TradingView.com
XRP surprised the market this week by setting a new record with its first U.S. spot ETF launch, but the token’s price has still declined. As of today, XRP is trading at $2.99, down from recent highs, leaving many investors puzzled. Spot XRP ETF Breaks Day-One Record On its first day of trading, the $XRPR …
Bitcoin (BTC), the leading cryptocurrency, has experienced a notable decline, erasing the gains it achieved following the recent decision by the US Federal Reserve (Fed) to cut interest rates. After soaring to nearly $118,000—just 5% shy of its all-time high—the market has faced renewed uncertainty. Despite this setback, experts emphasize that the long-term outlook for Bitcoin remains optimistic, especially as September 21 approaches, a date identified as pivotal for Bitcoin’s price trajectory. Will September 21 Mark The Start Of A New Bull Run? Market analyst Timothy Peterson highlights that historically, Bitcoin has finished the year higher 70% of the time after September 21, with a median increase exceeding 50%. He has dubbed this date “Bitcoin Bottom Day,” suggesting that the odds of a price increase are significantly favorable. Related Reading: Bitcoin Price Forecast: Expert Predicts 70% Chance Of New Highs Within Two Weeks Peterson notes that two of the three downturns in Bitcoin’s history occurred during established bear markets in 2018 and 2022, conditions that do not reflect the current market situation. This leads him to believe that the chances of a price rise are closer to 90% this year. Furthermore, Bitcoin’s track record suggests it has a nearly perfect chance of holding its gains six months post-September 21. Peterson estimates there is at least a 70% probability that Bitcoin will not drop below the $100,000 mark again. Analysts Warn Of ‘Sell the News’ Bitcoin Phase Ryan Lee, chief analyst at cryptocurrency exchange Bitget, also points to the recent 25-basis-point rate cut by the Fed as a factor that initially boosted Bitcoin’s price, briefly pushing it above $117,000. This cut, the first in nine months, reflects increased liquidity in the market. However, Lee cautions that the median projection of only 50 basis points in total cuts for the year could temper some of the optimism, introducing potential volatility as traders adjust their strategies. Historically, Bitcoin has experienced a dip of 5% to 8% following rate cuts before resuming its upward trend, suggesting a possible “sell the news” phase in the coming days. Related Reading: Warren Calls Out US DOJ Over Binance Settlement And Alleged Trump Ties In New Letter Despite these fluctuations, Lee remains bullish about the macroeconomic environment, asserting that lower yields on money-market funds (MMFs) are likely to direct capital toward alternative investments, such as cryptocurrencies. He emphasizes Bitcoin’s role as a hedge in this risk-on climate, especially with approximately $7.2 trillion currently held in cash-like instruments. Looking ahead, Lee predicts that the cryptocurrency may consolidate in the near term before targeting prices between $123,000 and $150,000, should additional rate cuts materialize. Analysts at Bitfinex also share a positive outlook, projecting that with three anticipated rate cuts by the end of the year and steady inflows into exchange-traded funds (ETFs), Bitcoin could reach between $125,000 and $135,000 by year-end. However, they also caution that if inflation or economic growth data hinder the Fed’s ability to proceed with further cuts, Bitcoin might stabilize within a range of $110,000 to $115,000 as institutional participation and ETF assets under management provide a solid floor. Featured image from DALL-E, chart from TradingView.com
Earlier this week, the US Federal Reserve (Fed) cut interest rates by 25 basis points, providing the much-required impetus to the economy after a cycle of raising interest rates to keep inflation under check. A cut in interest rates is likely to benefit risk-on assets, including Bitcoin (BTC). Fed Cuts Interest Rate, Bitcoin Supply Ratio Falls According to a CryptoQuant Quicktake post by contributor Arab Chain, the latest data from Binance shows that the interest rate cut has rekindled investors’ interest in BTC. Notably, the exchange supply ratio has declined to 0.0291, hinting that investors are choosing to withdraw their BTC from exchanges and hold it for the long-term instead of selling it. Related Reading: Bitcoin Breaks Above Mid-Term Holder Breakeven – Is A Fresh Rally Brewing? To support their analysis, Arab Chain shared the following chart, which shows a tumbling exchange supply ratio while the BTC price continues to shoot up. The analyst noted that the interest rate cut has increased risk appetite and improved liquidity in the market. This behavior shows that the Fed’s monetary policy will remain dovish for the near term, which could mitigate selling pressure on BTC for the time being. Low exchange supply is creating relative buying pressure, as Bitcoin’s stability above $115,000 further supports this trend. The analyst remarked that if BTC outflows from crypto exchanges continue at the current pace, then the digital asset may target the $120,000 resistance level. However, liquidity must continue to flow into digital assets, driven by the Fed’s decision. Arab Chain added: The continued decline in the Exchange Supply Ratio for Bitcoin, coupled with a rising price, reinforces the bullish scenario, especially if traditional markets stabilize after the Fed’s decision. Conversely, if the Exchange Supply Ratio turns upward again (if Bitcoin reenters exchanges), it could signal that investors are preparing to take profits at levels near 118K–120K. Meanwhile, crypto analyst Titan of Crypto had similar thoughts. In an X post, the analyst shared the following chart, saying that BTC is currently stuck under the bearish fair value gap. A daily close above this gap – highlighted in red – could pave the way for a new high for BTC. Is BTC Facing A Supply Crunch? A declining exchange supply ratio further suggests that BTC may be approaching a bullish ‘supply crunch’ that could lead to significant price appreciation for the digital asset in the near term. Related Reading: Bitcoin Sentiment On Binance Turns Bullish – But Is The Market Setting A Trap? Recently, the Bitcoin Scarcity Index recorded its first spike since June 2025, indicating potential upward price pressure on BTC. Meanwhile, BTC outflows from Binance continue at a rapid pace, further reducing the digital asset’s active circulating supply. That said, some concerns still linger, specifically due to the lack of participation of whales in recent BTC price action. At press time, BTC trades at $116,374, down 1.3% in the past 24 hours. Featured image from Unsplash, charts from CryptoQuant, X, and TradingView.com
Economist Timothy Peterson said that the US Federal Reserve's upcoming actions are likely to “jolt Bitcoin and alts up substantially.”
Aster’s native token, ASTER, surged 1,650% in its first 24 hours of trading and reached $0.528, according to platform reports. Related Reading: FalconX Moves 413K Solana Worth $98M – Impact On SOL Price Trading volume for the token in that window was listed at $345 million, and the launch reportedly drew 330,000 new wallets. Rapid User Growth And Liquidity According to on-chain data and platform disclosures, Aster’s total value locked jumped from $660 million to $1 billion shortly after launch. The platform claims total users of 1.848 million, with seven-day new user additions hitting 617,379. Reports show daily figures of 53,332 new users and $1.50 billion in 24-hour trading volume. The debut also included a Binance Alpha listing within hours and new perpetual markets introduced with up to 50x exposure across four assets. Platform income was reported at $466,838 for a day and $49.2 million in total earnings to date. A significant first step for $ASTER on BNB Chain. • $345M traded in 24h • Price reached $0.528 (~1,650%) • 330K new wallets joined • TVL $660M → $1.005B • Platform volume near $1.5B Thanks to our community for the trust and support. We’ll keep focusing on building an open… pic.twitter.com/cgPlwb2FVh — Aster (@Aster_DEX) September 18, 2025 Feature Rollouts And Trading Tools Based on reports, Aster moved quickly to enable spot withdrawals earlier than planned, using BNB Chain with a quoted 30-second processing time. The team activated ASTER/USDT perpetuals with four-times margin and hourly funding rate settlements. The platform also introduced a Genesis Stage 2 scoring program that rewards more than just raw trading volume, aiming to favor what it calls “smart traders.” Top users have been reported to show realized gains greater than $645,000 in early trading sessions. Technical Features And Security Aster has positioned itself as a multi-chain protocol with native support across BNB Chain, Ethereum, Solana, and Arbitrum, removing the need for manual bridging for many flows, according to technical notes. The protocol uses zero-knowledge proofs on its own Aster Chain for trade validation and taps Pyth Network oracles for price feeds. Reports show the platform uses collateral tokens like asBNB and USDF that can be staked to earn yield while remaining active in trading. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More Strong Endorsement Meanwhile, platform data listed $517 trillion in cumulative trading volume and close to $450 million in total TVL. Much of Aster’s surge can be tied to the strong backing of former Binance CEO Changpeng Zhao. His public endorsements, where he compared the platform’s liquidity to “Binance level” and praised the team’s execution, have played a major role in drawing attention and capital to the project. Featured image from Unsplash, chart from TradingView
Data shows bullish sentiment around Bitcoin Cash has exploded on social media, potentially explaining the coin’s pullback from its 17-month high. Bitcoin Cash Has Seen A Spike In Positive/Negative Sentiment In a new post on X, analytics firm Santiment has discussed the trend in the Positive/Negative Sentiment for Bitcoin Cash. This indicator measures, as its name suggests, the ratio between the positive and negative comments related to BCH that are currently present on the major social media platforms. Related Reading: PEPE Gearing Up For Triangle Breakout: Is A 78% Move Coming? The metric separates posts/threads/messages into bullish or bearish by putting them through a machine-learning model. Once they have been divided, it counts up the number of each and calculates their ratio to find the net sentiment on social media. Now, here is the chart shared by Santiment that shows the trend in the Positive/Negative Sentiment for Bitcoin Cash over the past month: As displayed in the above graph, the Bitcoin Cash Positive/Negative Sentiment fell to a low of 0.13 earlier in the month. Such a value corresponds to there being just 0.13 bullish comments for every bearish post. Thus, it would appear that social media traders were heavily leaning toward a negative outcome for BCH. Interestingly, what followed the market disbelief was a surge in the coin’s price to the $650 level for the first time since April 2024, around 17 months ago. This pattern is something that has actually been seen many times throughout the past. “Historically, prices move the opposite of the crowd’s expectations,” notes the analytics firm. This means that an excess of bearish sentiment tends to be a buy signal for the cryptocurrency, while overexcitement can lead to a top. While BCH initially observed the former type of effect, market balance quickly shifted, and it’s now facing the latter part of the pattern. From the chart, it’s visible that the sharp rally in the coin brought with it a huge spike in the Positive/Negative Sentiment to the 2.3 level. Bitcoin Cash has witnessed its price drop by around 6.7% since this dominance in bullish sentiment has emerged. It now remains to be seen how the market will react to the pullback and whether another shift in the Positive/Negative Sentiment would follow. Naturally, a pivot back to the bearish zone could help stabilize the price decline. Related Reading: Dogecoin Down 13% As Whales Distribute $181 Million In DOGE In some other news, centralized exchanges have just received a huge amount of USDC inflows, as pointed out by CryptoQuant community analyst Maartunn in a new post on X. With this inflow spree, investors have deposited $1.33 billion in the stablecoin to exchanges, the highest level in more than four years. “Massive stablecoin deposits like this often precede major market moves,” explains the analyst. BCH Price At the time of writing, Bitcoin Cash is floating around $605, up more than 2.5% over the last seven days. Featured image from Dall-E, CryptoQuant.com, Santiment.net, chart from TradingView.com
Binance founder Changpeng Zhao has backed Aster (ASTER), a new decentralized derivatives platform that aims to challenge Hyperliquid’s dominance in the sector. In a Sept. 19 post on X, Zhao revealed that Aster had become the largest holder of BSC-USDT, apart from Binance’s own hot wallet. According to Arkham Intelligence data, Aster’s wallet holds $131 […]
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CryptoQuant chief executive Ki Young Ju has revived a cycle-top debate with a fresh model-based call that puts Bitcoin’s upper bound at roughly $208,000 per coin. Sharing CryptoQuant’s “Price Prediction Based on Realized Cap” dashboard on X, Ki wrote: “Nobody cares about my calls anymore, but just saying I’m bullish on Bitcoin. Too much capital inflows onchain. Way too much.” The post reprises his data-driven commentary from early 2024, when he argued that “#Bitcoin could reach $112K this year driven by ETF inflows, worst-case $55K.” That framework came conspicuously close: Bitcoin went on to register a 2024 high above $108,000, narrowly under his $112,000 projection. Why Bitcoin Price Could Top Above $208,000 The chart Ki published on September 18 visualizes three time series derived from CryptoQuant’s realized-cap methodology: the spot price of BTC (black), a model “ceiling_price” (red) and a model “floor_price” (green). As of 17 September 2025 (UTC), the panel annotated a spot marker at $116,453, a ceiling at $208,310 and a floor at $41,662, with the dashboard showing it was “last run” two hours prior. In other words, the model currently locates Bitcoin well above its inferred floor and still materially below the band it treats as an overvaluation zone. Related Reading: Bitcoin Holds $117,500 On Retail Support While Whales Stay Quiet – Cause For Concern? The implication of Ki’s share is not a guarantee, but a statement that, given prevailing on-chain capital inflows and the realized-cap structure, the market has room—by this metric—to extend toward that $208,000 upper band. Realized cap values the network by summing each coin at the price it last moved on-chain rather than the current market price, a construction that tends to track investor cost basis over time. CryptoQuant’s dashboard projects dynamic “floor” and “ceiling” bands around spots that, historically, have framed multi-year expansions and contractions. Ki’s renewed bullishness ties those bands to what he describes as surging demand pressure visible in settlement flows and ETF-linked capital migration onto the network. The continuity with his February 2024 note is explicit: then he cited exchange-traded product inflows as the dominant driver of an advance toward six figures; now he points to “too much capital inflows onchain” while circulating a model that places the ceiling near $208,000. Related Reading: $1 Million Bitcoin Is Coming: Arthur Hayes Says Fed Just Pulled The Trigger It is noteworthy that Ki is not presenting an open-ended forecast but rather a model snapshot that updates with market structure. The same dashboard that prints a $208,310 ceiling today also marks the risk floor at $41,662, underscoring the spread of outcomes the realized-cap approach contemplates. His track record with the $112,000 “this year” guidance—followed by a print just above $108,000—will inevitably color how traders receive the new post. But the framing remains analytical: a data readout of where Bitcoin sits relative to its realized-value envelope after a year and a half defined by US spot ETF adoption and deepening institutional participation. For now, Ki’s message is simple and blunt—“I’m bullish on Bitcoin”—and anchored in the same on-chain lens he used 10 months ahead of the 2024 peak. Whether the market ultimately approaches the model’s $208,000 ceiling will depend on how those on-chain inflows evolve against macro liquidity, ETF and corporate treasury demand as well as miners’ supply behavior. What his chart makes clear is that, by CryptoQuant’s realized-cap bands, Bitcoin has not yet tested the top of its statistical range in this cycle. At press time, BTC traded at $116,173. Featured image created with DALL.E, chart from TradingView.com
Grayscale’s Digital Large Cap Fund ETF (GDLC) recorded nearly $22 million in trading volume during its Sept. 19 debut, with 381,298 shares changing hands as the multi-token basket fund launched on NYSE Arca. The debut volume is aligned with recent crypto ETF launches, including the REX-Osprey Dogecoin ETF that captured $6 million during its Sept. […]
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Institutional staking may soon receive a significant boost as reports emerge that Grayscale is preparing to stake its substantial Ethereum holdings. This move would mark a pivotal shift for one of the world’s largest crypto asset managers, bringing billions of dollars worth of ETH into active network participation. In an X post, on-chain analyst CryptoGoos has brought to light a significant development in the institutional crypto space. Grayscale is reportedly preparing to stake its massive Ethereum holdings. Although not yet confirmed, such a move, which was flagged by on-chain data following a transfer of over 40,000 ETH, is a significant signal of Grayscale’s evolving strategy and a potential game-changer for the ETH market. Why The Grayscale Move Could Accelerate Mainstream Adoption According to the data, Grayscale’s alleged transfer of a large sum of ETH is consistent with preparatory steps for staking. The firm, which holds approximately 1.5 million ETH in its various trusts, is now positioning a portion of that vast holding to earn staking rewards. Related Reading: Ethereum Staking Hits Record 36 Million ETH, Driving Structural Supply Shock If this is indeed the case, it would be a historic moment. Grayscale would become the first US-based ETH ETF sponsor to offer staking in the market, a feature that has been a point of contention with the Securities and Exchange Commission (SEC). While reports suggest Grayscale is preparing to stake ETH, market analyst TheKingfisher has issued a significant warning based on the ETH GEX+ chart, which he states is flashing a strong negative signal. This analysis centers on a key options metric known as Gamma Exposure (GEX), an indicator that provides insight into how professional traders, or dealers, are positioned in the market. The dealers are short gamma at the current implied volatility (IV) of 61 and an index price of $4,593. This dynamic is where volatility is likely to be amplified. Instead of a market that moves slowly and predictably, the ETH GEX+ signal suggests that price swings could be sudden and extreme, catching most retail traders off guard with the speed of moves. However, smart money considers the development a rare opportunity to capitalize on aggressive dealer hedging. In the meantime, this environment demands tight risk management. The Gateway To Price Discovery Ethereum price is at a pivotal point, currently consolidating between the $4,000 support level and its previous all-time high. MilkRoadDaily has also revealed that the next crucial step for ETH is a weekly close above its all-time high, which would put the asset into a phase of price discovery, where history shows the biggest moves have happened. Related Reading: Ethereum Gears Up For $10,000: Charts Flash Parabolic Rally Signals Drawing on this historical pattern, MilkRoadDaily suggests that in the previous market cycle, ETH cleared its old highs with a parabolic run, ripping an additional 240%. If this historical pattern were to repeat itself, a similar move from its current position could project a new price target of around $16,500. Featured image from iStock, chart from Tradingview.com
FTX, a defunct cryptocurrency exchange that went under with customers’ funds, has announced the third planned distribution. According to the announcement, FTX will conduct the third distribution of funds on September 30, 2025, which will entail about $1.6 billion. As such, FTX notified its victims that the funds would reflect in their selected accounts within …
BitGo published its S-1 registration statement on Sept. 19, confirming plans for an initial public offering while revealing over $3 billion in revenue for 2024. Financial data shared by Bloomberg ETF analyst James Seyffart revealed a preliminary prospectus with significant revenue growth, from $926 million in 2023 to over $3 billion in 2024, representing more […]
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BitGo S-1 IPO filing signals the firm's move toward public markets, highlighting its role in crypto custody and institutional services.
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Nearly a decade after losing access to his Coinbase account, NBA star Kevin Durant is once again in control of his Bitcoin holdings, according to the exchange CEO.
The third wave of payments will occur on September 30.
MetaMask is preparing to embed perpetual futures trading into its interface through an integration with Hyperliquid, according to newly surfaced code leaks on social media. Updates on MetaMask’s public GitHub repository revealed a dedicated “Perps” tab and deposit flows for USDC, signaling the addition of leveraged trading features typically found on centralized exchanges. The new […]
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The Ethereum price has spent the past weeks stuck in a wide consolidation zone, testing bullish momentum as analysts anticipate its next big breakout. One market expert has highlighted a critical level for ETH, suggesting that as long as the second-largest cryptocurrency can hold above this level, its path to surpassing the $5,000 milestone remains intact. Ethereum Price Faces Critical Level At $4,400 According to market expert Daan Crypto Trades on X social media, Ethereum’s recent price action has been choppy following two slow weeks of trading. The analyst’s chart shows that ETH has oscillated between $4,100 and $4,800, with several stop hints and liquidity grabs creating false moves on both the bullish and bearish side. Related Reading: This Is The Key Level That Stands Between The Ethereum Price And A Surge To $5,000 Despite these fluctuations, the $4,400 zone, which sits around the 200-day Moving Average (MA) on the 4-hour chart, continues to act as the key support level that stands between ETH and the $5,000 milestone. Daan Crypto Trades noted that this critical support is not just technical but also aligns with strong accumulation levels. The analyst highlighted that Bitmine Immersion Technologies, Inc. (BMNR) has been steadily adding to positions, though at a slightly lower pace as Net Asset Value (NAV) flows ease. This shows that as long as Ethereum can maintain its price above the $4,400 support level, buyers may remain in control. The chart clearly illustrates this battle for support. ETH’s dips below $4,500 have so far been short-lived, with price consistently bouncing back into the consolidation range. This repeated defense strengthens the case for Ethereum to sustain its momentum and build the foundation for a run above $5,000. For now, patient accumulation within the consolidation zone appears to be the market’s strategy as the cryptocurrency gears up for a potential breakout once broader conditions align. $5,000 Is Only A Matter Of Time In a follow-up analysis, Daan Crypto Trades reinforced his bullish view, noting that Ethereum is essentially in a “$5,000 waiting room.” The analyst’s chart highlights this view, showing ETH rebounding strongly after retesting the $4,400 region. With both the 200 MA and 200 EMA on the 4-hour chart acting as underlying support, the cryptocurrency’s structure appears intact despite short-term volatility. Related Reading: Ethereum Price At Risk Of Crash To $4,000, Is A New ATH Still Possible? Daan Crypto Trades suggested that while a retest of $4,000 – $4,100 is still possible, the market is unlikely to sustain a breakdown below that zone as long as ETH holds $4,400. In other words, maintaining this critical support could pave the way for new all-time highs. The chart also reflected the market’s resilience, with ETH rejecting the lows and quickly climbing back toward $4,600. Such a rebound often signals that bulls may be preparing for the next leg higher. If the momentum continues, Ethereum retesting its former all-time high of $4,868 and breaking above $5,000 may only be a matter of time. Featured image from Getty Images, chart from Tradingview.com
The distribution marks the third payout to creditors of the former exchange as it continues dispensing up to $16.5 billion in funds.
Grayscale has filed an amended S-1 in its latest move to convert its closed-ended Dogecoin trust into an exchange-traded fund.
The bill to establish rules for payment stablecoins was signed into law by US President Donald Trump in July and awaits final regulations before implementation.
Uniswap, Aptos, BNY, Chainlink, JP Morgan and Franklin Templeton executives join CFTC’s Digital Asset Markets Subcommittee under Acting Chair Pham.
FTX creditors will receive $1.6 billion on Sept. 30 in the third major distribution since the exchange’s 2022 collapse, bringing some customers to 95% cumulative recovery rates. According to the FTX Recovery Trust’s Sept. 19 announcement, creditors must complete multiple verification steps through the FTX Customer Portal before receiving payments, which take one to three […]
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Consensys chief Joe Lubin has told reporters that MetaMask’s long-awaited native token, widely known as MASK, is “coming” and could appear sooner than many expect. Related Reading: FalconX Moves 413K Solana Worth $98M – Impact On SOL Price According to Lubin, the token will be tied to efforts to push parts of MetaMask toward greater decentralization. MetaMask Plans And Recent Moves MetaMask has not been idle while the token talk simmered. The wallet recently rolled out a native dollar stablecoin called MetaMask USD, or mUSD, which now plays across Ethereum and the Linea Layer-2 network. Reports show mUSD’s market presence has already grown, with a reported market cap of $53 million. Consensys CEO Joe Lubin says the MetaMask token is coming and may arrive ‘sooner than you would expect’ pic.twitter.com/FQXL6PbS08 — The Block (@TheBlock__) September 18, 2025 What The Token Might Do Based on reports, MASK is expected to give users more say over certain platform choices, and to reward activity inside the wallet. Lubin framed the move as part of a decentralization push that includes MetaMask, Linea and other Consensys projects. How rewards or governance will work — who gets what, or when — has not been published. What Users May See Next MetaMask’s own co-founder, Dan Finlay, has said previously that if a token is launched it would be promoted directly inside the wallet interface. That approach is meant to reduce confusion and cut down on scams that copy social posts or emails. Reports suggest the team is weighing options such as targeted rewards for active users, but no formal airdrop plan has been announced. Scale And Stakes MetaMask is used by a large audience. Based on prior reporting, the wallet serves millions of users worldwide — some outlets put that figure at over 30 million — which makes any token launch a major event for the broader crypto ecosystem. Related Reading: From $2 Trillion To $400T? CEO Sees Bitcoin Exploding 200x – Here’s More A token from a widely used wallet could reach many people fast. At the same time, that reach raises questions about price swings, user safety, and how regulators will view the move. Timing And Details Remain Sparse Lubin’s comments make a launch sound imminent, but MetaMask has not released token supply numbers, vesting schedules, or precise rules for distribution. Until those details appear, users and developers will have to watch official MetaMask channels for confirmation. Based on reports, the next official word will likely come from MetaMask or Consensys itself and not from third-party posts. Featured image from Unsplash, chart from TradingView
Twelve Democratic senators called for Republican cooperation on comprehensive crypto market structure legislation, proposing bipartisan authorship in regulatory efforts. Senator Ruben Gallego led the Sept. 19 statement alongside Mark Warner, Kirsten Gillibrand, Cory Booker, and eight other Democrats seeking “true collaboration” on legislation addressing regulatory gaps that have left businesses and investors without explicit protections. […]
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A group of Democratic Senators has reaffirmed their commitment to working together with their Republican counterparts to pass the Clarity Act soon. According to a joint statement, the group of Senators from the Democratic Party requested the Republican Senators to agree to a bipartisan authorship process of the Crypto Market Structure legislation. “We hope our …
Rex-Osprey has filed for a riskier ETF that grants investors leveraged exposure to its existing Dogecoin fund, DOJE, which debuted Thursday.
The FTX Recovery Trust is gearing up for its third distribution to creditors affected by the exchange’s significant collapse, with payments set to commence on September 30, 2025. FTX Trust Confirms Payments To Eligible Creditors According to the official statement, this distribution will be available to holders of allowed claims categorized under the Plan’s Convenience and Non-Convenience Classes who have completed the necessary pre-distribution requirements. Eligible creditors can expect to receive their funds through their chosen distribution service provider—either Bitgo, Kraken, or Payoneer—within one to three business days following the distribution date. Related Reading: Bitcoin Price Forecast: Expert Predicts 70% Chance Of New Highs Within Two Weeks In this upcoming distribution, the Recovery Trust will adhere to the waterfall priorities outlined in the Plan. Specifically, Allowed Class 5A Dotcom Customer Entitlement Claims will receive an additional 6%, bringing their cumulative distribution to 78%. Meanwhile, Allowed Class 5B U.S. Customer Entitlement Claims will see a substantial 40% distribution, elevating their cumulative total to 95%. Additionally, Allowed Classes 6A General Unsecured Claims and 6B Digital Asset Loan Claims are each set to receive a 24% distribution, which raises their cumulative distributions to 85%. Interestingly, Allowed Class 7 Convenience Claims will benefit from a major 120% distribution. FTT Token Soars 22% The native token of the failed exchange, FTT, has experienced notable growth . According to data from CoinGecko, FTT’s price has surged by 22% over the past seven days. Related Reading: Warren Calls Out US DOJ Over Binance Settlement And Alleged Trump Ties In New Letter The token reached a peak of $1.13 on September 18 before experiencing a slight retracement. Over the week, FTT has fluctuated between $0.78 and $1.06. Despite this recent rally, it’s important to note that FTT’s all-time high of $84.18, achieved in September 2021, remains nearly 99% above its current price levels. Featured image from DALL-E, chart from TradingView.com
GENIUS passed both Republican-led chambers of the U.S. Congress in July with the backing of President Donald Trump.
Enosys announced Enosys Loans, the first protocol to use XRP as collateral for stablecoin minting on Flares DeFi network.
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